Southern Company
1,181 hedge funds and large institutions have $27.2B invested in Southern Company in 2018 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 456 increasing their positions, 472 reducing their positions, and 76 closing their positions.
96% more call options, than puts
Call options by funds: $239M | Put options by funds: $122M
5% more capital invested
Capital invested by funds: $26B → $27.2B (+$1.2B)
0.62% more ownership
Funds ownership: 57.7% → 58.31% (+0.62%)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
3% less repeat investments, than reductions
Existing positions increased: 456 | Existing positions reduced: 472
8% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 76
1% less funds holding
Funds holding: 1,195 → 1,181 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$237M |
| 2 |
Goldman Sachs
New York
|
+$211M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$114M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$69.7M |
| 5 |
Morgan Stanley
New York
|
+$57.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$235M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$118M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$56.1M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$53.7M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$43.7M |
SO Hedge Fund Activity: Q2 2018 in Review
1,181 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q2 2018, worth a combined $27.2B — up 4.6% from $26B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of SO and 70 opened new positions — a net loss of 6 holders — while 472 trimmed existing stakes and 456 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $237M. The largest seller was Nordea Investment Management, cutting an estimated $235M.
- 1,181 institutional investors held Southern Company (SO) as of Q2 2018, down from 1,195 in Q1 2018.
- Funds reported $27.2B of Southern Company stock for Q2 2018, up 4.6% quarter-over-quarter.
- 70 funds opened new Southern Company positions in Q2 2018 and 76 closed out, a net change of -6 holders.
- The largest Southern Company buyer in Q2 2018 was T. Rowe Price Associates, an estimated $237M added.
- The largest Southern Company seller in Q2 2018 was Nordea Investment Management, an estimated $235M sold.
Based on aggregated 13F filings for Q2 2018.