ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
69 hedge funds and large institutions have $170M invested in ClearBridge MLP and Midstream Fund Inc. in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 3 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
13% more capital invested
Capital invested by funds: $150M → $170M (+$19.9M)
0% more funds holding
Funds holding: 69 → 69 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.64M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$1.86M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$644K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$519K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$1.23M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$501K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$243K |
| 4 |
QC
Quantedge Capital
Singapore
|
-$218K |
| 5 |
Morgan Stanley
New York
|
-$217K |
CEM Hedge Fund Activity: Q2 2023 in Review
69 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q2 2023, worth a combined $170M — up 13% from $150M a quarter earlier.
Fund positioning in CEM was balanced in Q2 2023: 3 funds opened new positions, 3 closed out, 24 added to existing stakes and 20 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $7.64M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $1.23M.
- 69 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $170M of ClearBridge MLP and Midstream Fund Inc. stock for Q2 2023, up 13% quarter-over-quarter.
- 3 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q2 2023 and 3 closed out, a net change of 0 holders.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q2 2023 was Saba Capital Management, an estimated $7.64M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q2 2023 was Kayne Anderson Capital Advisors, an estimated $1.23M sold.
Based on aggregated 13F filings for Q2 2023.