ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
84 hedge funds and large institutions have $251M invested in ClearBridge MLP and Midstream Fund Inc. in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 17 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
7% more capital invested
Capital invested by funds: $235M → $251M (+$15.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 89 → 84 (-5)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$5.03M |
| 2 |
Morgan Stanley
New York
|
+$4.48M |
| 3 |
AIM
Allen Investment Management
New York
|
+$3.78M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$3.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$7.63M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.14M |
| 3 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$1.47M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.16M |
| 5 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$981K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fidelity Investments
Boston,
Massachusetts
| – | -$2.84K | -53 | Closed |
|
CEM Hedge Fund Activity: Q4 2019 in Review
84 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q4 2019, worth a combined $251M — up 6.7% from $235M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CEM and 14 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 33 added.
The largest buyer was UBS Group, adding an estimated $5.03M. The largest seller was HBK Investments, exiting entirely with an estimated $7.63M sold.
- 84 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q4 2019, down from 89 in Q3 2019.
- Funds reported $251M of ClearBridge MLP and Midstream Fund Inc. stock for Q4 2019, up 6.7% quarter-over-quarter.
- 14 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q4 2019 and 17 closed out, a net change of -3 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q4 2019 was UBS Group, an estimated $5.03M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q4 2019 was HBK Investments, an estimated $7.63M sold.
Based on aggregated 13F filings for Q4 2019.