ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
77 hedge funds and large institutions have $53M invested in ClearBridge MLP and Midstream Fund Inc. in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 33 reducing their positions, and 19 closing their positions.
47% more capital invested
Capital invested by funds: $36.1M → $53M (+$16.9M)
11% less funds holding
Funds holding: 87 → 77 (-10)
30% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 33
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.67M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.31M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.09M |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
+$749K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.7M |
| 2 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$2.63M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.06M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.84M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$942K |
CEM Hedge Fund Activity: Q2 2020 in Review
77 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q2 2020, worth a combined $53M — up 47% from $36.1M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CEM and 9 opened new positions — a net loss of 10 holders — while 33 trimmed existing stakes and 23 added.
The largest buyer was Cornerstone Advisors, adding an estimated $3.67M. The largest seller was Morgan Stanley, cutting an estimated $2.7M.
- 77 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q2 2020, down from 87 in Q1 2020.
- Funds reported $53M of ClearBridge MLP and Midstream Fund Inc. stock for Q2 2020, up 47% quarter-over-quarter.
- 9 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q2 2020 and 19 closed out, a net change of -10 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q2 2020 was Cornerstone Advisors, an estimated $3.67M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q2 2020 was Morgan Stanley, an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2020.