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Tortoise Investment Management, LLC

CIK:0001599511
Asset Manager
$2B AUM
1,300 holdings
White Plains, NY, US
Founded:2013
18 employees
Latest filing:Jun 30, 2025

Tortoise Investment Management, LLC is an independent asset management firm headquartered in White Plains, New York, USA. The firm specializes in serving institutional and high-net-worth individual clients with a focus on investment management and advisory services. It is registered in New York and reports regular filings with the SEC. As of 2025, the company employs approximately 18 professionals, 89% of whom are investors.

Investment Strategy

Tortoise Investment Management, LLC manages diversified portfolios with an emphasis on fixed income, ETF strategies, and selective equity allocations. The firm utilizes quantitative analysis and disciplined research to construct portfolios that enhance risk-adjusted returns for clients, focusing on both core and opportunistic strategies implemented in public markets.

Top Buys
J
JMUBJ P MORGAN EXCHANGE TRADED F
+$14.5M
D
DCREDOUBLELINE ETF TRUST
+$10.3M
I
IVVISHARES TR
+$9.1M
A
AVUSAMERICAN CENTY ETF TR
+$5.0M
M
MLNVANECK ETF TRUST
+$3.4M
Top Sells
C
CMBSISHARES TR
-$15.2M
N
NUVNUVEEN MUN VALUE FD INC
-$5.3M
V
VGLTVANGUARD SCOTTSDALE FDS
-$2.4M
N
NUWNUVEEN AMT-FREE MUN VALUE FD
-$1.7M
D
DFSDDIMENSIONAL ETF TRUST
-$1.6M

Top Holdings

I
IVVISHARES TR
+8.9%$92.8M
S
STIPISHARES TR
+5.0%$52.9M
A
AVUSAMERICAN CENTY ETF TR
+3.3%$34.6M
S
SGOVISHARES TR
+3.2%$33.3M
B
BTTBLACKROCK MUN TARGET TERM TR
+2.5%$26.0M

Equity Positions (1,272)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
I
IVV
ISHARES TR8.85%$92.8M149,510$209.06$620.90+$9.1M
S
STIP
ISHARES TR5.04%$52.9M513,987$98.42$102.91+$1.9M
A
AVUS
AMERICAN CENTY ETF TR3.30%$34.6M342,698$80.69$100.82+$5.0M
S
SGOV
ISHARES TR3.18%$33.3M331,023$100.36$100.69+$935.8K
B
BTT
BLACKROCK MUN TARGET TERM TR2.48%$26.0M1,189,486$21.09$21.89+$3.0M

Options Positions (10)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
A
AAPL
APPLE INCSold
Put
$46.0K80$205.17$203.61-15-$11.9K
S
SPY
SPDR S&P 500 ETF TRBought
Put
$22.0K193$617.85$591.70+164+$368
L
LLY
ELI LILLY & COSold
Put
$20.0K4$779.53$763.30-10-$21.0K
C
COST
COSTCO WHSL CORP NEWNew
Put
$3.0K3$989.94$989.94+3+$3.0K
S
SHAK
SHAKE SHACK INCNew
Call
$2.7K1$140.60$140.60+1+$2.7K

Industry Allocation

FIRE, MARINE & CASUALTY INSURANCE
+1.7%
ELECTRONIC COMPUTERS
+1.1%
SERVICES-PREPACKAGED SOFTWARE
+0.4%
NATIONAL COMMERCIAL BANKS
+0.3%
PHARMACEUTICAL PREPARATIONS
+0.3%