ClearBridge American Energy MLP
CBA
CBA was delisted on the 16th of November, 2018.
48 hedge funds and large institutions have $115M invested in ClearBridge American Energy MLP in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
9% more capital invested
Capital invested by funds: $105M → $115M (+$9.63M)
4% more funds holding
Funds holding: 46 → 48 (+2)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$11.2M |
| 2 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$5.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.71M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.25M |
| 5 |
RPA
Rock Point Advisors
Burlington,
Vermont
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.71M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.08M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.35M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.25M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$1.16M | -135,659 | Closed |
|
|
CA
52
Cornerstone Advisors
Asheville,
North Carolina
| – | -$416K | -48,591 | Closed |
|
53
BlackRock
New York
| – | -$222K | -25,953 | Closed |
|
|
RJFSA
54
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$140K | -16,311 | Closed |
|
|
WAM
55
Weiss Asset Management
Boston,
Massachusetts
| – | -$137K | -15,946 | Closed |
|
|
FCI
56
Financial Counselors Inc
Overland Park,
Kansas
| – | -$93K | -10,065 | Closed |
|
|
NSIM
57
North Star Investment Management
Chicago,
Illinois
| – | -$47K | -5,500 | Closed |
|
|
CTC
58
Central Trust Company
Jefferson City,
Missouri
| – | -$2K | -200 | Closed |
|
CBA Hedge Fund Activity: Q4 2017 in Review
48 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in ClearBridge American Energy MLP (CBA) for Q4 2017, worth a combined $115M — up 9.2% from $105M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CBA positions and 9 closed out — a net gain of 2 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was McGowan Group Asset Management, opening a new position worth an estimated $11.2M. The largest seller was Sit Investment Associates, cutting an estimated $3.71M.
- 48 institutional investors held ClearBridge American Energy MLP (CBA) as of Q4 2017, up from 46 in Q3 2017.
- Funds reported $115M of ClearBridge American Energy MLP stock for Q4 2017, up 9.2% quarter-over-quarter.
- 11 funds opened new ClearBridge American Energy MLP positions in Q4 2017 and 9 closed out, a net change of +2 holders.
- The largest ClearBridge American Energy MLP buyer in Q4 2017 was McGowan Group Asset Management, an estimated $11.2M added.
- The largest ClearBridge American Energy MLP seller in Q4 2017 was Sit Investment Associates, an estimated $3.71M sold.
Based on aggregated 13F filings for Q4 2017.