Southern Company
1,837 hedge funds and large institutions have $49.9B invested in Southern Company in 2023 Q4 according to their latest regulatory filings, with 240 funds opening new positions, 648 increasing their positions, 713 reducing their positions, and 85 closing their positions.
182% more first-time investments, than exits
New positions opened: 240 | Existing positions closed: 85
75% more call options, than puts
Call options by funds: $399M | Put options by funds: $228M
11% more capital invested
Capital invested by funds: $44.9B → $49.9B (+$5.03B)
7% more funds holding
Funds holding: 1,709 → 1,837 (+128)
1.69% more ownership
Funds ownership: 63.54% → 65.23% (+1.7%)
9% less repeat investments, than reductions
Existing positions increased: 648 | Existing positions reduced: 713
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$826M |
| 2 |
Morgan Stanley
New York
|
+$779M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$392M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$107M |
| 5 |
Barclays
London,
United Kingdom
|
+$92.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$552M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$301M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$179M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$80.6M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$79.2M |
SO Hedge Fund Activity: Q4 2023 in Review
1,837 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q4 2023, worth a combined $49.9B — up 11% from $44.9B a quarter earlier.
Buyers outnumbered sellers: 240 funds opened new SO positions and 85 closed out — a net gain of 155 holders — while 648 added to existing stakes and 713 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $826M. The largest seller was Capital Research Global Investors, cutting an estimated $552M.
- 1,837 institutional investors held Southern Company (SO) as of Q4 2023, up from 1,709 in Q3 2023.
- Funds reported $49.9B of Southern Company stock for Q4 2023, up 11% quarter-over-quarter.
- 240 funds opened new Southern Company positions in Q4 2023 and 85 closed out, a net change of +155 holders.
- The largest Southern Company buyer in Q4 2023 was JP Morgan Chase, an estimated $826M added.
- The largest Southern Company seller in Q4 2023 was Capital Research Global Investors, an estimated $552M sold.
Based on aggregated 13F filings for Q4 2023.