ClearBridge MLP and Midstream Fund Inc.
CEM
CEM was delisted on the 6th of September, 2024.
76 hedge funds and large institutions have $254M invested in ClearBridge MLP and Midstream Fund Inc. in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 16 closing their positions.
5% more capital invested
Capital invested by funds: $241M → $254M (+$12.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
3% less funds holding
Funds holding: 78 → 76 (-2)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$11.2M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.72M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.61M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.61M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$27.7M |
| 2 |
TB
Terril Brothers
St. Louis,
Missouri
|
-$5.34M |
| 3 |
Goldman Sachs
New York
|
-$2.11M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$1.93M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.38M |
CEM Hedge Fund Activity: Q1 2024 in Review
76 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ClearBridge MLP and Midstream Fund Inc. (CEM) for Q1 2024, worth a combined $254M — up 5.2% from $241M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CEM and 15 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 20 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $11.2M. The largest seller was Morgan Stanley, cutting an estimated $27.7M.
- 76 institutional investors held ClearBridge MLP and Midstream Fund Inc. (CEM) as of Q1 2024, down from 78 in Q4 2023.
- Funds reported $254M of ClearBridge MLP and Midstream Fund Inc. stock for Q1 2024, up 5.2% quarter-over-quarter.
- 15 funds opened new ClearBridge MLP and Midstream Fund Inc. positions in Q1 2024 and 16 closed out, a net change of -1 holder.
- The largest ClearBridge MLP and Midstream Fund Inc. buyer in Q1 2024 was Penserra Capital Management, an estimated $11.2M added.
- The largest ClearBridge MLP and Midstream Fund Inc. seller in Q1 2024 was Morgan Stanley, an estimated $27.7M sold.
Based on aggregated 13F filings for Q1 2024.