Saba Capital Management, L.P. bought $4.8M of TPZ
owner at TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC. 347,278 shares at an average of $13.78, traded Dec 24, 2024, filed Dec 31, 2024.
Score components
- +12Role10% owner
- +25Trade size$4.8M at market
- +10Relative to holdingsHoldings up 52%
- 0Price contextNo price history yet
- 0ClusterNo other insider buying within 14 days
- 0Repeat buyingFirst buy in 90 days
- 0Track recordToo few past buys to judge (0 with prices)
- -5Outside holderA 10% owner who is not an officer or director
What happened after comparable buys
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m +6.4%, 3m +4.5%, 6m +2.3%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001510281-24-000766, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Dec 24, 2024 | POpen-market purchase Common Stockindirect: - | +347,278 | $13.78 | $4.8M | 1,011,234 | Dec 31, 2024 |
| Dec 26, 2024 | SOpen-market sale Common Stockindirect: - | -1,000,000 | $20.09 | $20M | 11,234 | Dec 31, 2024 |
Related signals
Other insiders at TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 29Weak | TPZbuy TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC | Andrew J Iseman director | $42k 2,000 shares | - | |
| 57Moderate | TPZsell TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC | Saba Capital Management, L.P. owner | $20M 1,000,000 shares | -99% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.