ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
72 hedge funds and large institutions have $132M invested in ClearBridge MLP and Midstream Fund Inc. in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
6% more capital invested
Capital invested by funds: $125M → $132M (+$7.25M)
0% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 24
3% less funds holding
Funds holding: 74 → 72 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$12.9M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$6.96M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.11M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.16M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$8.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.72M |
| 3 |
Morgan Stanley
New York
|
-$2.89M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.51M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$708K |
CEM Hedge Fund Activity: Q3 2022 in Review
72 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q3 2022, worth a combined $132M — up 5.8% from $125M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CEM and 4 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 24 added.
The largest buyer was Saba Capital Management, adding an estimated $12.9M. The largest seller was Proficio Capital Partners, cutting an estimated $8.3M.
- 72 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q3 2022, down from 74 in Q2 2022.
- Funds reported $132M of ClearBridge MLP and Midstream Fund Inc. stock for Q3 2022, up 5.8% quarter-over-quarter.
- 4 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q3 2022 and 5 closed out, a net change of -1 holder.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q3 2022 was Saba Capital Management, an estimated $12.9M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q3 2022 was Proficio Capital Partners, an estimated $8.3M sold.
Based on aggregated 13F filings for Q3 2022.