Southern Company
859 hedge funds and large institutions have $17.4B invested in Southern Company in 2013 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 355 increasing their positions, 315 reducing their positions, and 46 closing their positions.
56% more call options, than puts
Call options by funds: $185M | Put options by funds: $118M
17% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 46
13% more repeat investments, than reductions
Existing positions increased: 355 | Existing positions reduced: 315
1.09% more ownership
Funds ownership: 46.39% → 47.48% (+1.1%)
0% more funds holding
Funds holding: 858 → 859 (+1)
4% less capital invested
Capital invested by funds: $18.1B → $17.4B (-$717M)
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$182M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$109M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$71.9M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$63.3M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$56.6M |
| 2 |
Cohen & Steers
New York
|
-$50.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$39.4M |
| 4 |
SG Americas Securities
New York
|
-$34.2M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$33.5M |
SO Hedge Fund Activity: Q3 2013 in Review
859 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q3 2013, worth a combined $17.4B — down 4% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new SO positions and 46 closed out — a net gain of 8 holders — while 355 added to existing stakes and 315 trimmed.
The largest buyer was Barclays, adding an estimated $182M. The largest seller was Euclid Advisors, exiting entirely with an estimated $56.6M sold.
- 859 institutional investors held Southern Company (SO) as of Q3 2013, up from 858 in Q2 2013.
- Funds reported $17.4B of Southern Company stock for Q3 2013, down 4% quarter-over-quarter.
- 54 funds opened new Southern Company positions in Q3 2013 and 46 closed out, a net change of +8 holders.
- The largest Southern Company buyer in Q3 2013 was Barclays, an estimated $182M added.
- The largest Southern Company seller in Q3 2013 was Euclid Advisors, an estimated $56.6M sold.
Based on aggregated 13F filings for Q3 2013.