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Southern Company

912 hedge funds and large institutions have $19.2B invested in Southern Company in 2014 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 369 increasing their positions, 340 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more funds holding in top 10

Funds holding in top 10: 511 (+6)

87% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 38

83% more call options, than puts

Call options by funds: $232M | Put options by funds: $127M

10% more capital invested

Capital invested by funds: $17.4B → $19.2B (+$1.81B)

3% more funds holding

Funds holding: 887912 (+25)

1.2% more ownership

Funds ownership: 47.96%49.17% (+1.2%)

9% more repeat investments, than reductions

Existing positions increased: 369 | Existing positions reduced: 340

Holders
912
Holders Change
+25
Holders Change %
+2.82%
% of All Funds
26.34%
Holding in Top 10
11
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+120%
% of All Funds
0.32%
New
71
Increased
369
Reduced
340
Closed
38
Calls
$232M
Puts
$127M
Net Calls
+$105M
Net Calls Change
+$46M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.99B +$49.2M +1,172,855 +3%
State Street
2
State Street
Massachusetts
$1.8B -$5.91M -141,099 -0.3%
Franklin Resources
3
Franklin Resources
California
$1.56B +$140M +3,329,195 +10%
BIT
4
BlackRock Institutional Trust
California
$1.02B +$13.5M +321,947 +1%
Federated Hermes
5
Federated Hermes
Pennsylvania
$520M +$2.39M +57,012 +0.5%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$518M +$8.98M +214,215 +2%
BFA
7
BlackRock Fund Advisors
California
$507M +$3.69M +88,014 +0.8%
Northern Trust
8
Northern Trust
Illinois
$499M -$14.7M -351,777 -3%
Capital Research Global Investors
9
Capital Research Global Investors
California
$494M +$4.19M +100,000 +0.9%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$457M +$96.8M +2,309,864 +29%
Wells Fargo
11
Wells Fargo
California
$345M +$394K +9,405 +0.1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$296M +$5.59M +133,253 +2%
BG
13
BlackRock Group
United Kingdom
$293M +$4.36M +103,927 +2%
APG Asset Management
14
APG Asset Management
Netherlands
$253M +$1.85M +44,024 +0.8%
Capital World Investors
15
Capital World Investors
California
$234M
Legal & General Group
16
Legal & General Group
United Kingdom
$224M +$1.4M +33,383 +0.7%
Caisse de Depot et Placement du Quebec (CDPQ)
17
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$217M +$41.3M +986,500 +25%
Norges Bank
18
Norges Bank
Norway
$210M
Bank of America
19
Bank of America
North Carolina
$201M +$2.81M +67,067 +1%
UBS AM
20
UBS AM
Illinois
$178M +$12.6M +301,116 +8%
Goldman Sachs
21
Goldman Sachs
New York
$157M -$71.8M -1,712,653 -32%
Nordea Investment Management
22
Nordea Investment Management
Sweden
$153M +$2.57M +61,256 +2%
Morgan Stanley
23
Morgan Stanley
New York
$148M +$10.7M +254,776 +8%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$144M +$134M +3,194,187 +4,316%
Swiss National Bank
25
Swiss National Bank
Switzerland
$130M +$444K +10,600 +0.4%

SO Hedge Fund Activity: Q1 2014 in Review

912 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q1 2014, worth a combined $19.2B — up 10% from $17.4B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new SO positions and 38 closed out — a net gain of 33 holders — while 369 added to existing stakes and 340 trimmed.

The largest buyer was Franklin Resources, adding an estimated $140M. The largest seller was Epoch Investment Partners, cutting an estimated $96M.

  • 912 institutional investors held Southern Company (SO) as of Q1 2014, up from 887 in Q4 2013.
  • Funds reported $19.2B of Southern Company stock for Q1 2014, up 10% quarter-over-quarter.
  • 71 funds opened new Southern Company positions in Q1 2014 and 38 closed out, a net change of +33 holders.
  • The largest Southern Company buyer in Q1 2014 was Franklin Resources, an estimated $140M added.
  • The largest Southern Company seller in Q1 2014 was Epoch Investment Partners, an estimated $96M sold.

Based on aggregated 13F filings for Q1 2014.