ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
76 hedge funds and large institutions have $260M invested in ClearBridge MLP and Midstream Fund Inc. in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 11 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $262M → $260M (-$2.13M)
7% less funds holding
Funds holding: 82 → 76 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.38M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.18M |
| 3 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$1.58M |
| 4 |
TB
Terril Brothers
St. Louis,
Missouri
|
+$1.45M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$2.02M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.39M |
| 3 |
AIM
Allen Investment Management
New York
|
-$1.22M |
| 4 |
Morgan Stanley
New York
|
-$1.19M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$896K |
CEM Hedge Fund Activity: Q3 2017 in Review
76 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q3 2017, worth a combined $260M — down 0.81% from $262M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CEM and 5 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 31 added.
The largest buyer was Royal Bank of Canada, adding an estimated $3.38M. The largest seller was Fiduciary Trust, cutting an estimated $2.02M.
- 76 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q3 2017, down from 82 in Q2 2017.
- Funds reported $260M of ClearBridge MLP and Midstream Fund Inc. stock for Q3 2017, down 0.81% quarter-over-quarter.
- 5 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q3 2017 and 11 closed out, a net change of -6 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q3 2017 was Royal Bank of Canada, an estimated $3.38M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q3 2017 was Fiduciary Trust, an estimated $2.02M sold.
Based on aggregated 13F filings for Q3 2017.