Southern Company
1,194 hedge funds and large institutions have $27B invested in Southern Company in 2017 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 485 increasing their positions, 437 reducing their positions, and 58 closing their positions.
60% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 58
58% more call options, than puts
Call options by funds: $252M | Put options by funds: $159M
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
11% more repeat investments, than reductions
Existing positions increased: 485 | Existing positions reduced: 437
2% more funds holding
Funds holding: 1,172 → 1,194 (+22)
1.15% more ownership
Funds ownership: 53.57% → 54.73% (+1.2%)
5% more capital invested
Capital invested by funds: $25.8B → $27B (+$1.19B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.97B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$316M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$293M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$255M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$227M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$136M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$91.7M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$70.1M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$64.9M |
SO Hedge Fund Activity: Q1 2017 in Review
1,194 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q1 2017, worth a combined $27B — up 4.6% from $25.8B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new SO positions and 58 closed out — a net gain of 35 holders — while 485 added to existing stakes and 437 trimmed.
The largest buyer was BlackRock, adding an estimated $2.97B. The largest seller was Capital Research Global Investors, cutting an estimated $227M.
- 1,194 institutional investors held Southern Company (SO) as of Q1 2017, up from 1,172 in Q4 2016.
- Funds reported $27B of Southern Company stock for Q1 2017, up 4.6% quarter-over-quarter.
- 93 funds opened new Southern Company positions in Q1 2017 and 58 closed out, a net change of +35 holders.
- The largest Southern Company buyer in Q1 2017 was BlackRock, an estimated $2.97B added.
- The largest Southern Company seller in Q1 2017 was Capital Research Global Investors, an estimated $227M sold.
Based on aggregated 13F filings for Q1 2017.