10%
Prudential Financial Inc. is a major multinational financial services company headquartered in Newark, New Jersey, specializing in insurance, investment management, and retirement services.[[9]](https://investor.prudential.com/overview/default.aspx) Founded in 1875 as a mutual life insurance company, Prudential has grown into one of the largest financial institutions globally, managing over $1.5 trillion in assets under management as of September 30, 2025, and serving customers in more than 50 countries with diversified businesses including life insurance, annuities, and asset management.[[9]](https://investor.prudential.com/overview/default.aspx) The company maintains a strong commitment to shareholder returns, evidenced by a 5-year annual dividends per share CAGR from 2019 to 2024.[[9]](https://investor.prudential.com/overview/default.aspx)
As a 10% Owner of Tortoise Energy Infrastructure Corp (TYG), Prudential Financial Inc., through subsidiaries like PRUCO and Prudential Insurance Co of America, has actively increased its stake via non-open market acquisitions of Series J mandatory redeemable preferred shares.[[1]](https://www.stocktitan.net/sec-filings/TYG/form-4-tortoise-energy-infrastructure-corp-insider-trading-activity-bd40e33aaa36.html)[[3]](https://www.gurufocus.com/insider/93551/prudential-financial-inc)[[5]](https://www.ainvest.com/news/prudential-financial-buys-1-5m-shares-tortoise-energy-infrastructure-corp-2508/)[[6]](https://www.nasdaq.com/market-activity/stocks/tyg/insider-activity) Notable transactions include the purchase of 1,500,000 shares at $10 each on August 21, 2025, bolstering its 10% ownership,[[5]](https://www.ainvest.com/news/prudential-financial-buys-1-5m-shares-tortoise-energy-infrastructure-corp-2508/)[[7]](https://www.insidearbitrage.com/symbol-metrics/TYG/insider-transactions) and additional acquisitions such as 300,000 shares on December 23, 2024, contributing to holdings reported at 29,458,677 shares.[[6]](https://www.nasdaq.com/market-activity/stocks/tyg/insider-activity) These moves reflect Prudential's strategic investments in energy infrastructure securities.[[2]](https://www.investing.com/news/insider-trading-news/prudential-financial-reports-556-billion-in-purchases-of-tortoise-energy-securities-93CH-3785206)[[4]](https://www.marketbeat.com/stocks/NYSE/TYG/sec-filings/)
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