ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
65 hedge funds and large institutions have $367M invested in ClearBridge MLP and Midstream Fund Inc. in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 11 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
17% more capital invested
Capital invested by funds: $315M → $367M (+$52.1M)
7% less funds holding
Funds holding: 70 → 65 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.78M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.38M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.21M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.54M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.65M |
| 4 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.29M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.23M |
CEM Hedge Fund Activity: Q2 2014 in Review
65 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q2 2014, worth a combined $367M — up 17% from $315M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CEM and 6 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $11.8M. The largest seller was Janney Montgomery Scott, cutting an estimated $4.21M.
- 65 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q2 2014, down from 70 in Q1 2014.
- Funds reported $367M of ClearBridge MLP and Midstream Fund Inc. stock for Q2 2014, up 17% quarter-over-quarter.
- 6 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q2 2014 and 11 closed out, a net change of -5 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q2 2014 was Morgan Stanley, an estimated $11.8M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q2 2014 was Janney Montgomery Scott, an estimated $4.21M sold.
Based on aggregated 13F filings for Q2 2014.