Southern Company
1,702 hedge funds and large institutions have $48.7B invested in Southern Company in 2023 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 773 increasing their positions, 543 reducing their positions, and 104 closing their positions.
56% more call options, than puts
Call options by funds: $340M | Put options by funds: $218M
42% more repeat investments, than reductions
Existing positions increased: 773 | Existing positions reduced: 543
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
1.22% more ownership
Funds ownership: 63.17% → 64.39% (+1.2%)
8% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 104
2% less capital invested
Capital invested by funds: $49.8B → $48.7B (-$1.06B)
2% less funds holding
Funds holding: 1,734 → 1,702 (-32)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$320M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$274M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$227M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$196M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$144M |
| 2 |
BlackRock
New York
|
-$132M |
| 3 |
State Street
Boston,
Massachusetts
|
-$125M |
| 4 |
Renaissance Technologies
New York
|
-$118M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$101M |
SO Hedge Fund Activity: Q1 2023 in Review
1,702 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q1 2023, worth a combined $48.7B — down 2.1% from $49.8B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new SO positions and 104 closed out — a net gain of 8 holders — while 773 added to existing stakes and 543 trimmed.
The largest buyer was Mitsubishi UFJ Trust & Banking, adding an estimated $320M. The largest seller was Invesco, cutting an estimated $144M.
- 1,702 institutional investors held Southern Company (SO) as of Q1 2023, down from 1,734 in Q4 2022.
- Funds reported $48.7B of Southern Company stock for Q1 2023, down 2.1% quarter-over-quarter.
- 112 funds opened new Southern Company positions in Q1 2023 and 104 closed out, a net change of +8 holders.
- The largest Southern Company buyer in Q1 2023 was Mitsubishi UFJ Trust & Banking, an estimated $320M added.
- The largest Southern Company seller in Q1 2023 was Invesco, an estimated $144M sold.
Based on aggregated 13F filings for Q1 2023.