Southern Company
1,360 hedge funds and large institutions have $33.3B invested in Southern Company in 2020 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 516 increasing their positions, 527 reducing their positions, and 93 closing their positions.
84% more call options, than puts
Call options by funds: $327M | Put options by funds: $178M
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
8% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 93
4% more capital invested
Capital invested by funds: $31.9B → $33.3B (+$1.39B)
0.07% more ownership
Funds ownership: 58.18% → 58.25% (+0.07%)
1% less funds holding
Funds holding: 1,367 → 1,360 (-7)
2% less repeat investments, than reductions
Existing positions increased: 516 | Existing positions reduced: 527
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$377M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$118M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$63.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$54M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$51.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$167M |
| 2 |
State Street
Boston,
Massachusetts
|
-$97.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$89.9M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$80.4M |
| 5 |
Goldman Sachs
New York
|
-$67.6M |
SO Hedge Fund Activity: Q3 2020 in Review
1,360 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q3 2020, worth a combined $33.3B — up 4.3% from $31.9B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new SO positions and 93 closed out — a net gain of 7 holders — while 516 added to existing stakes and 527 trimmed.
The largest buyer was Pictet Asset Management (UK), opening a new position worth an estimated $377M. The largest seller was Wells Fargo, cutting an estimated $167M.
- 1,360 institutional investors held Southern Company (SO) as of Q3 2020, down from 1,367 in Q2 2020.
- Funds reported $33.3B of Southern Company stock for Q3 2020, up 4.3% quarter-over-quarter.
- 100 funds opened new Southern Company positions in Q3 2020 and 93 closed out, a net change of +7 holders.
- The largest Southern Company buyer in Q3 2020 was Pictet Asset Management (UK), an estimated $377M added.
- The largest Southern Company seller in Q3 2020 was Wells Fargo, an estimated $167M sold.
Based on aggregated 13F filings for Q3 2020.