ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
77 hedge funds and large institutions have $285M invested in ClearBridge MLP and Midstream Fund Inc. in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 10 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
9% more capital invested
Capital invested by funds: $263M → $285M (+$22.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 83 → 77 (-6)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$14.6M |
| 2 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$1.49M |
| 3 |
AIM
Allen Investment Management
New York
|
+$1.45M |
| 4 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$1.41M |
| 5 |
Morgan Stanley
New York
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
-$7.99M |
| 2 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$5.21M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.08M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$831K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$808K |
CEM Hedge Fund Activity: Q1 2017 in Review
77 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q1 2017, worth a combined $285M — up 8.6% from $263M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CEM and 5 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 32 added.
The largest buyer was Sit Investment Associates, adding an estimated $14.6M. The largest seller was NorthRock Partners, cutting an estimated $7.99M.
- 77 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q1 2017, down from 83 in Q4 2016.
- Funds reported $285M of ClearBridge MLP and Midstream Fund Inc. stock for Q1 2017, up 8.6% quarter-over-quarter.
- 5 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q1 2017 and 10 closed out, a net change of -5 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q1 2017 was Sit Investment Associates, an estimated $14.6M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q1 2017 was NorthRock Partners, an estimated $7.99M sold.
Based on aggregated 13F filings for Q1 2017.