ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
85 hedge funds and large institutions have $265M invested in ClearBridge MLP and Midstream Fund Inc. in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 14 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
6% less funds holding
Funds holding: 90 → 85 (-5)
14% less capital invested
Capital invested by funds: $309M → $265M (-$43.7M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$8.95M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$4.71M |
| 3 |
AIM
Allen Investment Management
New York
|
+$2.48M |
| 4 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$2.11M |
| 5 |
Goldman Sachs
New York
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.38M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.08M |
| 3 |
Morgan Stanley
New York
|
-$2.16M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
-$1.27M |
| 5 |
Millennium Management
New York
|
-$1.16M |
CEM Hedge Fund Activity: Q1 2018 in Review
85 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q1 2018, worth a combined $265M — down 14% from $309M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CEM and 10 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 33 added.
The largest buyer was UBS Group, adding an estimated $8.95M. The largest seller was Sit Investment Associates, cutting an estimated $5.38M.
- 85 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q1 2018, down from 90 in Q4 2017.
- Funds reported $265M of ClearBridge MLP and Midstream Fund Inc. stock for Q1 2018, down 14% quarter-over-quarter.
- 10 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q1 2018 and 14 closed out, a net change of -4 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q1 2018 was UBS Group, an estimated $8.95M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q1 2018 was Sit Investment Associates, an estimated $5.38M sold.
Based on aggregated 13F filings for Q1 2018.