Southern Company
1,233 hedge funds and large institutions have $27.4B invested in Southern Company in 2017 Q4 according to their latest regulatory filings, with 149 funds opening new positions, 461 increasing their positions, 452 reducing their positions, and 66 closing their positions.
126% more first-time investments, than exits
New positions opened: 149 | Existing positions closed: 66
6% more funds holding
Funds holding: 1,159 → 1,233 (+74)
2.13% more ownership
Funds ownership: 54.68% → 56.81% (+2.1%)
2% more capital invested
Capital invested by funds: $26.8B → $27.4B (+$564M)
2% more repeat investments, than reductions
Existing positions increased: 461 | Existing positions reduced: 452
1% more call options, than puts
Call options by funds: $211M | Put options by funds: $209M
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$373M |
| 2 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$244M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$224M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$177M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$74.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$126M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$64.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$57.3M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$52.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$50.9M |
SO Hedge Fund Activity: Q4 2017 in Review
1,233 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q4 2017, worth a combined $27.4B — up 2.1% from $26.8B a quarter earlier.
Buyers outnumbered sellers: 149 funds opened new SO positions and 66 closed out — a net gain of 83 holders — while 461 added to existing stakes and 452 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $373M. The largest seller was Fidelity Investments, cutting an estimated $126M.
- 1,233 institutional investors held Southern Company (SO) as of Q4 2017, up from 1,159 in Q3 2017.
- Funds reported $27.4B of Southern Company stock for Q4 2017, up 2.1% quarter-over-quarter.
- 149 funds opened new Southern Company positions in Q4 2017 and 66 closed out, a net change of +83 holders.
- The largest Southern Company buyer in Q4 2017 was Massachusetts Financial Services, an estimated $373M added.
- The largest Southern Company seller in Q4 2017 was Fidelity Investments, an estimated $126M sold.
Based on aggregated 13F filings for Q4 2017.