Southern Company
1,123 hedge funds and large institutions have $23.5B invested in Southern Company in 2016 Q1 according to their latest regulatory filings, with 128 funds opening new positions, 472 increasing their positions, 360 reducing their positions, and 52 closing their positions.
146% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 52
123% more call options, than puts
Call options by funds: $207M | Put options by funds: $93M
31% more repeat investments, than reductions
Existing positions increased: 472 | Existing positions reduced: 360
10% more capital invested
Capital invested by funds: $21.4B → $23.5B (+$2.06B)
6% more funds holding
Funds holding: 1,057 → 1,123 (+66)
3% more funds holding in top 10
Funds holding in top 10: 30 → 31 (+1)
2.02% more ownership
Funds ownership: 49.99% → 52% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$544M |
| 2 |
State Street
Boston,
Massachusetts
|
+$162M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$120M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$92.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$414M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$95.9M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$63.8M |
| 4 |
LC
LNZ Capital
New York
|
-$39.8M |
| 5 |
Millennium Management
New York
|
-$39.8M |
SO Hedge Fund Activity: Q1 2016 in Review
1,123 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q1 2016, worth a combined $23.5B — up 9.6% from $21.4B a quarter earlier.
Buyers outnumbered sellers: 128 funds opened new SO positions and 52 closed out — a net gain of 76 holders — while 472 added to existing stakes and 360 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $544M. The largest seller was Franklin Resources, cutting an estimated $414M.
- 1,123 institutional investors held Southern Company (SO) as of Q1 2016, up from 1,057 in Q4 2015.
- Funds reported $23.5B of Southern Company stock for Q1 2016, up 9.6% quarter-over-quarter.
- 128 funds opened new Southern Company positions in Q1 2016 and 52 closed out, a net change of +76 holders.
- The largest Southern Company buyer in Q1 2016 was Royal London Asset Management, an estimated $544M added.
- The largest Southern Company seller in Q1 2016 was Franklin Resources, an estimated $414M sold.
Based on aggregated 13F filings for Q1 2016.