ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
90 hedge funds and large institutions have $262M invested in ClearBridge MLP and Midstream Fund Inc. in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 17 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 27
18% more capital invested
Capital invested by funds: $222M → $262M (+$39.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 98 → 90 (-8)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Allen Investment Management
New York
|
+$5.45M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.38M |
| 3 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$3.28M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
+$3.09M |
| 5 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$7.96M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$3.38M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.15M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.12M |
CEM Hedge Fund Activity: Q1 2019 in Review
90 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q1 2019, worth a combined $262M — up 18% from $222M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CEM and 11 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 37 added.
The largest buyer was Allen Investment Management, adding an estimated $5.45M. The largest seller was Sit Investment Associates, cutting an estimated $8.49M.
- 90 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q1 2019, down from 98 in Q4 2018.
- Funds reported $262M of ClearBridge MLP and Midstream Fund Inc. stock for Q1 2019, up 18% quarter-over-quarter.
- 11 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q1 2019 and 17 closed out, a net change of -6 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q1 2019 was Allen Investment Management, an estimated $5.45M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q1 2019 was Sit Investment Associates, an estimated $8.49M sold.
Based on aggregated 13F filings for Q1 2019.