ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
98 hedge funds and large institutions have $222M invested in ClearBridge MLP and Midstream Fund Inc. in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 19 increasing their positions, 38 reducing their positions, and 9 closing their positions.
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
20% more funds holding
Funds holding: 82 → 98 (+16)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
28% less capital invested
Capital invested by funds: $310M → $222M (-$87.6M)
50% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
+$4.43M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.43M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.81M |
| 4 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$1.65M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Allen Investment Management
New York
|
-$3.35M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.1M |
| 3 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
-$2.34M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.93M |
| 5 |
PI
Parkside Investments
Deerfield,
Illinois
|
-$1.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
101
Glenmede Trust
Philadelphia,
Pennsylvania
| $14 | +$17K | +272 | New |
|
|
NMC
102
Nine Masts Capital
Central,
Hong Kong
| – | -$1.26M | -17,400 | Closed |
|
103
Jane Street
New York
| – | -$267K | -3,678 | Closed |
|
104
HighTower Advisors
Chicago,
Illinois
| – | -$154K | -2,132 | Closed |
|
105
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$49K | -669 | Closed |
|
|
LA
106
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| – | -$32K | -437 | Closed |
|
|
GP
107
Girard Partners
King Of Prussia,
Pennsylvania
| – | -$26K | -366 | Closed |
|
|
WSTAM
108
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$6K | -85 | Closed |
|
|
TPWA
109
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$2.06K | -28 | Closed |
|
|
BWM
110
Baystate Wealth Management
Boston,
Massachusetts
| – | -$2K | -27 | Closed |
|
CEM Hedge Fund Activity: Q4 2018 in Review
98 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q4 2018, worth a combined $222M — down 28% from $310M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CEM positions and 9 closed out — a net gain of 17 holders — while 19 added to existing stakes and 38 trimmed.
The largest buyer was HBK Investments, opening a new position worth an estimated $4.43M. The largest seller was Allen Investment Management, cutting an estimated $3.35M.
- 98 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q4 2018, up from 82 in Q3 2018.
- Funds reported $222M of ClearBridge MLP and Midstream Fund Inc. stock for Q4 2018, down 28% quarter-over-quarter.
- 26 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q4 2018 and 9 closed out, a net change of +17 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q4 2018 was HBK Investments, an estimated $4.43M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q4 2018 was Allen Investment Management, an estimated $3.35M sold.
Based on aggregated 13F filings for Q4 2018.