ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
72 hedge funds and large institutions have $280M invested in ClearBridge MLP and Midstream Fund Inc. in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 18 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
9% less funds holding
Funds holding: 79 → 72 (-7)
26% less capital invested
Capital invested by funds: $378M → $280M (-$98M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.6M |
| 2 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
+$9.4M |
| 3 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$2.04M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.46M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.55M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$7.28M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$5.88M |
| 4 |
KA
Klingman & Associates
New York
|
-$5.09M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.32M |
CEM Hedge Fund Activity: Q3 2015 in Review
72 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q3 2015, worth a combined $280M — down 26% from $378M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CEM and 11 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 23 added.
The largest buyer was Bank of America, adding an estimated $14.6M. The largest seller was Morgan Stanley, cutting an estimated $8.55M.
- 72 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q3 2015, down from 79 in Q2 2015.
- Funds reported $280M of ClearBridge MLP and Midstream Fund Inc. stock for Q3 2015, down 26% quarter-over-quarter.
- 11 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q3 2015 and 18 closed out, a net change of -7 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q3 2015 was Bank of America, an estimated $14.6M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q3 2015 was Morgan Stanley, an estimated $8.55M sold.
Based on aggregated 13F filings for Q3 2015.