Southern Company
1,195 hedge funds and large institutions have $26B invested in Southern Company in 2018 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 461 increasing their positions, 504 reducing their positions, and 106 closing their positions.
40% more call options, than puts
Call options by funds: $235M | Put options by funds: $168M
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
0.89% more ownership
Funds ownership: 56.81% → 57.7% (+0.89%)
9% less repeat investments, than reductions
Existing positions increased: 461 | Existing positions reduced: 504
3% less funds holding
Funds holding: 1,233 → 1,195 (-38)
5% less capital invested
Capital invested by funds: $27.4B → $26B (-$1.42B)
21% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$780M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$264M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$234M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$134M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$269M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$252M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$105M |
| 4 |
Morgan Stanley
New York
|
-$82.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$71.7M |
SO Hedge Fund Activity: Q1 2018 in Review
1,195 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q1 2018, worth a combined $26B — down 5.2% from $27.4B a quarter earlier.
Sellers outnumbered buyers: 106 funds closed out of SO and 84 opened new positions — a net loss of 22 holders — while 504 trimmed existing stakes and 461 added.
The largest buyer was Franklin Resources, adding an estimated $780M. The largest seller was T. Rowe Price Associates, cutting an estimated $269M.
- 1,195 institutional investors held Southern Company (SO) as of Q1 2018, down from 1,233 in Q4 2017.
- Funds reported $26B of Southern Company stock for Q1 2018, down 5.2% quarter-over-quarter.
- 84 funds opened new Southern Company positions in Q1 2018 and 106 closed out, a net change of -22 holders.
- The largest Southern Company buyer in Q1 2018 was Franklin Resources, an estimated $780M added.
- The largest Southern Company seller in Q1 2018 was T. Rowe Price Associates, an estimated $269M sold.
Based on aggregated 13F filings for Q1 2018.