ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
91 hedge funds and large institutions have $249M invested in ClearBridge MLP and Midstream Fund Inc. in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
1% more funds holding
Funds holding: 90 → 91 (+1)
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $262M → $249M (-$13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$16.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.16M |
| 3 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$2.37M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$2.22M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
-$20.7M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.34M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$750K |
| 4 |
PI
Parkside Investments
Deerfield,
Illinois
|
-$642K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
-$466K |
CEM Hedge Fund Activity: Q2 2019 in Review
91 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q2 2019, worth a combined $249M — down 5% from $262M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CEM positions and 9 closed out — a net gain of 3 holders — while 32 added to existing stakes and 30 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $16.2M. The largest seller was NorthRock Partners, cutting an estimated $20.7M.
- 91 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q2 2019, up from 90 in Q1 2019.
- Funds reported $249M of ClearBridge MLP and Midstream Fund Inc. stock for Q2 2019, down 5% quarter-over-quarter.
- 12 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q2 2019 and 9 closed out, a net change of +3 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q2 2019 was Virtu Financial, an estimated $16.2M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q2 2019 was NorthRock Partners, an estimated $20.7M sold.
Based on aggregated 13F filings for Q2 2019.