ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
50 hedge funds and large institutions have $37.3M invested in ClearBridge MLP and Midstream Fund Inc. in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 28 reducing their positions, and 34 closing their positions.
30% less capital invested
Capital invested by funds: $53M → $37.3M (-$15.6M)
35% less funds holding
Funds holding: 77 → 50 (-27)
61% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 28
79% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristides Capital
Louisville,
Kentucky
|
+$3.99M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.69M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$814K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$646K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.73M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.3M |
| 3 |
Morgan Stanley
New York
|
-$966K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$547K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$303K |
CEM Hedge Fund Activity: Q3 2020 in Review
50 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q3 2020, worth a combined $37.3M — down 30% from $53M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CEM and 7 opened new positions — a net loss of 27 holders — while 28 trimmed existing stakes and 11 added.
The largest buyer was Aristides Capital, opening a new position worth an estimated $3.99M. The largest seller was Cornerstone Advisors, cutting an estimated $1.73M.
- 50 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q3 2020, down from 77 in Q2 2020.
- Funds reported $37.3M of ClearBridge MLP and Midstream Fund Inc. stock for Q3 2020, down 30% quarter-over-quarter.
- 7 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q3 2020 and 34 closed out, a net change of -27 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q3 2020 was Aristides Capital, an estimated $3.99M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q3 2020 was Cornerstone Advisors, an estimated $1.73M sold.
Based on aggregated 13F filings for Q3 2020.