ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
70 hedge funds and large institutions have $304M invested in ClearBridge MLP and Midstream Fund Inc. in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 11 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
16% more capital inflows, than outflows
Capital inflows: $13.5M | Capital outflows: $11.7M
0.21% less ownership
Funds ownership: 16.7% → 16.49% (-0.21%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 71 → 70 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.36M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.8M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.26M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.02M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$641K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
-$2.69M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
-$2.07M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.89M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.43M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.01M |
CEM Hedge Fund Activity: Q1 2014 in Review
70 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q1 2014, worth a combined $304M — down 1.5% from $309M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CEM and 10 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 25 added.
The largest buyer was Morgan Stanley, adding an estimated $4.36M. The largest seller was Advisors Asset Management, cutting an estimated $2.69M.
- 70 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q1 2014, down from 71 in Q4 2013.
- Funds reported $304M of ClearBridge MLP and Midstream Fund Inc. stock for Q1 2014, down 1.5% quarter-over-quarter.
- 10 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q1 2014 and 11 closed out, a net change of -1 holder.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q1 2014 was Morgan Stanley, an estimated $4.36M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q1 2014 was Advisors Asset Management, an estimated $2.69M sold.
Based on aggregated 13F filings for Q1 2014.