ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
71 hedge funds and large institutions have $102M invested in ClearBridge MLP and Midstream Fund Inc. in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 26 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
22% more capital invested
Capital invested by funds: $83.7M → $102M (+$18.7M)
6% more funds holding
Funds holding: 67 → 71 (+4)
31% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 26
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.39M |
| 2 |
Morgan Stanley
New York
|
+$2.1M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.2M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$810K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quantedge Capital
Singapore
|
-$4.1M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.58M |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$1.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.29M |
| 5 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$1.14M |
CEM Hedge Fund Activity: Q2 2021 in Review
71 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q2 2021, worth a combined $102M — up 22% from $83.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CEM positions and 5 closed out — a net gain of 4 holders — while 18 added to existing stakes and 26 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $3.39M. The largest seller was Quantedge Capital, exiting entirely with an estimated $4.1M sold.
- 71 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q2 2021, up from 67 in Q1 2021.
- Funds reported $102M of ClearBridge MLP and Midstream Fund Inc. stock for Q2 2021, up 22% quarter-over-quarter.
- 9 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q2 2021 and 5 closed out, a net change of +4 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q2 2021 was Cornerstone Advisors, an estimated $3.39M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q2 2021 was Quantedge Capital, an estimated $4.1M sold.
Based on aggregated 13F filings for Q2 2021.