Southern Company
2,003 hedge funds and large institutions have $66.8B invested in Southern Company in 2024 Q3 according to their latest regulatory filings, with 217 funds opening new positions, 775 increasing their positions, 701 reducing their positions, and 74 closing their positions.
193% more first-time investments, than exits
New positions opened: 217 | Existing positions closed: 74
65% more call options, than puts
Call options by funds: $609M | Put options by funds: $370M
38% more funds holding in top 10
Funds holding in top 10: 16 → 22 (+6)
18% more capital invested
Capital invested by funds: $56.8B → $66.8B (+$10B)
11% more repeat investments, than reductions
Existing positions increased: 775 | Existing positions reduced: 701
6% more funds holding
Funds holding: 1,881 → 2,003 (+122)
0.93% more ownership
Funds ownership: 66.98% → 67.91% (+0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.26B |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$246M |
| 3 |
BlackRock
New York
|
+$239M |
| 4 |
State Street
Boston,
Massachusetts
|
+$132M |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$272M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$185M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$160M |
| 4 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
-$135M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$115M |
SO Hedge Fund Activity: Q3 2024 in Review
2,003 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q3 2024, worth a combined $66.8B — up 18% from $56.8B a quarter earlier.
Buyers outnumbered sellers: 217 funds opened new SO positions and 74 closed out — a net gain of 143 holders — while 775 added to existing stakes and 701 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.26B. The largest seller was Mitsubishi UFJ Trust & Banking, cutting an estimated $272M.
- 2,003 institutional investors held Southern Company (SO) as of Q3 2024, up from 1,881 in Q2 2024.
- Funds reported $66.8B of Southern Company stock for Q3 2024, up 18% quarter-over-quarter.
- 217 funds opened new Southern Company positions in Q3 2024 and 74 closed out, a net change of +143 holders.
- The largest Southern Company buyer in Q3 2024 was JP Morgan Chase, an estimated $1.26B added.
- The largest Southern Company seller in Q3 2024 was Mitsubishi UFJ Trust & Banking, an estimated $272M sold.
Based on aggregated 13F filings for Q3 2024.