ClearBridge Energy Midstream Opportunity Fund
56 hedge funds and large institutions have $77M invested in ClearBridge Energy Midstream Opportunity Fund in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 33 reducing their positions, and 19 closing their positions.
18% less funds holding
Funds holding: 68 → 56 (-12)
21.3% less ownership
Funds ownership: 51.61% → 30.31% (-21%)
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
71% less capital invested
Capital invested by funds: $265M → $77M (-$188M)
82% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 33
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.02M |
| 2 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
+$1.87M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$412K |
| 4 |
GC
Gratus Capital
Atlanta,
Georgia
|
+$364K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$113M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$32.6M |
| 3 |
Morgan Stanley
New York
|
-$7.93M |
| 4 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$5.25M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$4.25M |
EMO Hedge Fund Activity: Q2 2024 in Review
56 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in ClearBridge Energy Midstream Opportunity Fund (EMO) for Q2 2024, worth a combined $77M — down 71% from $265M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of EMO and 8 opened new positions — a net loss of 11 holders — while 33 trimmed existing stakes and 6 added.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $2.02M. The largest seller was Saba Capital Management, cutting an estimated $113M.
- 56 institutional investors held ClearBridge Energy Midstream Opportunity Fund (EMO) as of Q2 2024, down from 68 in Q1 2024.
- Funds reported $77M of ClearBridge Energy Midstream Opportunity Fund stock for Q2 2024, down 71% quarter-over-quarter.
- 8 funds opened new ClearBridge Energy Midstream Opportunity Fund positions in Q2 2024 and 19 closed out, a net change of -11 holders.
- The largest ClearBridge Energy Midstream Opportunity Fund buyer in Q2 2024 was Thomas J. Herzfeld Advisors, an estimated $2.02M added.
- The largest ClearBridge Energy Midstream Opportunity Fund seller in Q2 2024 was Saba Capital Management, an estimated $113M sold.
Based on aggregated 13F filings for Q2 2024.