Southern Company
1,135 hedge funds and large institutions have $26.4B invested in Southern Company in 2016 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 481 increasing their positions, 414 reducing their positions, and 60 closing their positions.
34% more call options, than puts
Call options by funds: $246M | Put options by funds: $184M
16% more repeat investments, than reductions
Existing positions increased: 481 | Existing positions reduced: 414
2% more capital invested
Capital invested by funds: $26B → $26.4B (+$393M)
0.92% more ownership
Funds ownership: 51.64% → 52.55% (+0.92%)
7% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 60
1% less funds holding
Funds holding: 1,151 → 1,135 (-16)
18% less funds holding in top 10
Funds holding in top 10: 28 → 23 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$440M |
| 2 |
Citigroup
New York
|
+$238M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$198M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$111M |
| 5 |
LC
LNZ Capital
New York
|
+$92.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$267M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$88M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$50.5M |
| 4 |
Morgan Stanley
New York
|
-$46.6M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$46M |
SO Hedge Fund Activity: Q3 2016 in Review
1,135 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q3 2016, worth a combined $26.4B — up 1.5% from $26B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of SO and 56 opened new positions — a net loss of 4 holders — while 414 trimmed existing stakes and 481 added.
The largest buyer was Capital Research Global Investors, adding an estimated $440M. The largest seller was Fidelity Investments, cutting an estimated $267M.
- 1,135 institutional investors held Southern Company (SO) as of Q3 2016, down from 1,151 in Q2 2016.
- Funds reported $26.4B of Southern Company stock for Q3 2016, up 1.5% quarter-over-quarter.
- 56 funds opened new Southern Company positions in Q3 2016 and 60 closed out, a net change of -4 holders.
- The largest Southern Company buyer in Q3 2016 was Capital Research Global Investors, an estimated $440M added.
- The largest Southern Company seller in Q3 2016 was Fidelity Investments, an estimated $267M sold.
Based on aggregated 13F filings for Q3 2016.