ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
77 hedge funds and large institutions have $217M invested in ClearBridge MLP and Midstream Fund Inc. in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 10 closing their positions.
8% less funds holding
Funds holding: 84 → 77 (-7)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
16% less capital invested
Capital invested by funds: $259M → $217M (-$42.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$8.52M |
| 2 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
+$5.46M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.4M |
| 4 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$1.66M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$14.2M |
| 2 |
Morgan Stanley
New York
|
-$6.77M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.16M |
| 4 |
SG Americas Securities
New York
|
-$1.62M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
76
Howe & Rusling
Rochester,
New York
| $3K | – | – | – |
|
|
CFA
77
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | +$2.33K | +37 | New |
|
|
BFEC
78
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $1K | – | – | – |
|
|
79
Bessemer Group
Woodbridge,
New Jersey
| – | -$14.2M | -186,775 | Closed |
|
|
WAM
80
Weiss Asset Management
Boston,
Massachusetts
| – | -$2.16M | -28,458 | Closed |
|
|
81
SG Americas Securities
New York
| – | -$1.62M | -21,389 | Closed |
|
|
CRC
82
Curi RMB Capital
Chicago,
Illinois
| – | -$476K | -6,270 | Closed |
|
83
Goldman Sachs
New York
| – | -$451K | -5,937 | Closed |
|
|
VKH
84
Virtu KCG Holdings
New York
| – | -$365K | -4,806 | Closed |
|
|
LCM
85
Landscape Capital Management
Englewood,
New Jersey
| – | -$208K | -2,744 | Closed |
|
|
BFIM
86
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$181K | -2,386 | Closed |
|
|
KT
87
Kanaly Trust
Houston,
Texas
| – | -$59K | -778 | Closed |
|
88
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$15K | -200 | Closed |
|
CEM Hedge Fund Activity: Q1 2016 in Review
77 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q1 2016, worth a combined $217M — down 16% from $259M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CEM and 5 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 26 added.
The largest buyer was NorthRock Partners, adding an estimated $8.52M. The largest seller was Bessemer Group, exiting entirely with an estimated $14.2M sold.
- 77 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q1 2016, down from 84 in Q4 2015.
- Funds reported $217M of ClearBridge MLP and Midstream Fund Inc. stock for Q1 2016, down 16% quarter-over-quarter.
- 5 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q1 2016 and 10 closed out, a net change of -5 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q1 2016 was NorthRock Partners, an estimated $8.52M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q1 2016 was Bessemer Group, an estimated $14.2M sold.
Based on aggregated 13F filings for Q1 2016.