Southern Company
1,881 hedge funds and large institutions have $56.8B invested in Southern Company in 2024 Q2 according to their latest regulatory filings, with 175 funds opening new positions, 739 increasing their positions, 651 reducing their positions, and 91 closing their positions.
92% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 91
68% more call options, than puts
Call options by funds: $414M | Put options by funds: $246M
45% more funds holding in top 10
Funds holding in top 10: 11 → 16 (+5)
14% more repeat investments, than reductions
Existing positions increased: 739 | Existing positions reduced: 651
11% more capital invested
Capital invested by funds: $51B → $56.8B (+$5.76B)
3% more funds holding
Funds holding: 1,824 → 1,881 (+57)
1.76% more ownership
Funds ownership: 65.22% → 66.98% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$1.04B |
| 2 |
JP Morgan Chase
New York
|
+$739M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$366M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$282M |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$345M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$198M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$123M |
| 4 |
D.E. Shaw & Co
New York
|
-$118M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$83.3M |
SO Hedge Fund Activity: Q2 2024 in Review
1,881 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q2 2024, worth a combined $56.8B — up 11% from $51B a quarter earlier.
Buyers outnumbered sellers: 175 funds opened new SO positions and 91 closed out — a net gain of 84 holders — while 739 added to existing stakes and 651 trimmed.
The largest buyer was GQG Partners, opening a new position worth an estimated $1.04B. The largest seller was T. Rowe Price Associates, cutting an estimated $345M.
- 1,881 institutional investors held Southern Company (SO) as of Q2 2024, up from 1,824 in Q1 2024.
- Funds reported $56.8B of Southern Company stock for Q2 2024, up 11% quarter-over-quarter.
- 175 funds opened new Southern Company positions in Q2 2024 and 91 closed out, a net change of +84 holders.
- The largest Southern Company buyer in Q2 2024 was GQG Partners, an estimated $1.04B added.
- The largest Southern Company seller in Q2 2024 was T. Rowe Price Associates, an estimated $345M sold.
Based on aggregated 13F filings for Q2 2024.