Southern Company
1,367 hedge funds and large institutions have $31.9B invested in Southern Company in 2020 Q2 according to their latest regulatory filings, with 107 funds opening new positions, 554 increasing their positions, 506 reducing their positions, and 93 closing their positions.
86% more call options, than puts
Call options by funds: $239M | Put options by funds: $129M
15% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 93
9% more repeat investments, than reductions
Existing positions increased: 554 | Existing positions reduced: 506
0% more funds holding
Funds holding: 1,364 → 1,367 (+3)
1.69% less ownership
Funds ownership: 59.88% → 58.18% (-1.7%)
6% less capital invested
Capital invested by funds: $34.2B → $31.9B (-$2.21B)
68% less funds holding in top 10
Funds holding in top 10: 28 → 9 (-19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$281M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$155M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$130M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$79M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$70.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$398M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$375M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$164M |
| 4 |
BlackRock
New York
|
-$111M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$106M |
SO Hedge Fund Activity: Q2 2020 in Review
1,367 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q2 2020, worth a combined $31.9B — down 6.5% from $34.2B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new SO positions and 93 closed out — a net gain of 14 holders — while 554 added to existing stakes and 506 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $281M. The largest seller was Renaissance Technologies, cutting an estimated $398M.
- 1,367 institutional investors held Southern Company (SO) as of Q2 2020, up from 1,364 in Q1 2020.
- Funds reported $31.9B of Southern Company stock for Q2 2020, down 6.5% quarter-over-quarter.
- 107 funds opened new Southern Company positions in Q2 2020 and 93 closed out, a net change of +14 holders.
- The largest Southern Company buyer in Q2 2020 was Capital Research Global Investors, an estimated $281M added.
- The largest Southern Company seller in Q2 2020 was Renaissance Technologies, an estimated $398M sold.
Based on aggregated 13F filings for Q2 2020.