TORTOISE ENERGY CAPITAL CORP
TYY
TYY was delisted on the 20th of June, 2014.
71 hedge funds and large institutions have $209M invested in TORTOISE ENERGY CAPITAL CORP in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 11 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more capital invested
Capital invested by funds: $183M → $209M (+$26M)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
4% less funds holding
Funds holding: 74 → 71 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IT
Independence Trust
Franklin,
Tennessee
|
+$7.62M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.76M |
| 3 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$933K |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$625K |
| 5 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
+$608K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.96M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
-$2.01M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.26M |
| 4 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$1.1M |
| 5 |
SG Americas Securities
New York
|
-$695K |
TYY Hedge Fund Activity: Q1 2014 in Review
71 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY CAPITAL CORP (TYY) for Q1 2014, worth a combined $209M — up 14% from $183M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TYY and 8 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 22 added.
The largest buyer was Independence Trust, opening a new position worth an estimated $7.62M. The largest seller was Morgan Stanley, cutting an estimated $2.96M.
- 71 institutional investors held TORTOISE ENERGY CAPITAL CORP (TYY) as of Q1 2014, down from 74 in Q4 2013.
- Funds reported $209M of TORTOISE ENERGY CAPITAL CORP stock for Q1 2014, up 14% quarter-over-quarter.
- 8 funds opened new TORTOISE ENERGY CAPITAL CORP positions in Q1 2014 and 11 closed out, a net change of -3 holders.
- The largest TORTOISE ENERGY CAPITAL CORP buyer in Q1 2014 was Independence Trust, an estimated $7.62M added.
- The largest TORTOISE ENERGY CAPITAL CORP seller in Q1 2014 was Morgan Stanley, an estimated $2.96M sold.
Based on aggregated 13F filings for Q1 2014.