Southern Company
1,040 hedge funds and large institutions have $24B invested in Southern Company in 2014 Q4 according to their latest regulatory filings, with 158 funds opening new positions, 381 increasing their positions, 359 reducing their positions, and 32 closing their positions.
394% more first-time investments, than exits
New positions opened: 158 | Existing positions closed: 32
80% more funds holding in top 10
Funds holding in top 10: 10 → 18 (+8)
33% more call options, than puts
Call options by funds: $393M | Put options by funds: $296M
21% more capital invested
Capital invested by funds: $19.8B → $24B (+$4.2B)
13% more funds holding
Funds holding: 924 → 1,040 (+116)
1.36% more ownership
Funds ownership: 50.49% → 51.85% (+1.4%)
6% more repeat investments, than reductions
Existing positions increased: 381 | Existing positions reduced: 359
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$162M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$160M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$125M |
| 4 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$100M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$94.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$307M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$74.9M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$66.3M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$65M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$47.6M |
SO Hedge Fund Activity: Q4 2014 in Review
1,040 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q4 2014, worth a combined $24B — up 21% from $19.8B a quarter earlier.
Buyers outnumbered sellers: 158 funds opened new SO positions and 32 closed out — a net gain of 126 holders — while 381 added to existing stakes and 359 trimmed.
The largest buyer was State Street, adding an estimated $162M. The largest seller was Franklin Resources, cutting an estimated $307M.
- 1,040 institutional investors held Southern Company (SO) as of Q4 2014, up from 924 in Q3 2014.
- Funds reported $24B of Southern Company stock for Q4 2014, up 21% quarter-over-quarter.
- 158 funds opened new Southern Company positions in Q4 2014 and 32 closed out, a net change of +126 holders.
- The largest Southern Company buyer in Q4 2014 was State Street, an estimated $162M added.
- The largest Southern Company seller in Q4 2014 was Franklin Resources, an estimated $307M sold.
Based on aggregated 13F filings for Q4 2014.