Southern Company
1,181 hedge funds and large institutions have $25.8B invested in Southern Company in 2018 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 420 increasing their positions, 484 reducing their positions, and 82 closing their positions.
39% more call options, than puts
Call options by funds: $281M | Put options by funds: $203M
13% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 82
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
0% more funds holding
Funds holding: 1,180 → 1,181 (+1)
0.08% less ownership
Funds ownership: 58.28% → 58.19% (-0.08%)
6% less capital invested
Capital invested by funds: $27.3B → $25.8B (-$1.52B)
13% less repeat investments, than reductions
Existing positions increased: 420 | Existing positions reduced: 484
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$161M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$146M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$87.4M |
| 4 |
ZP
Zimmer Partners
New York
|
+$66.8M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$64.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$652M |
| 2 |
Goldman Sachs
New York
|
-$155M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$92.4M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$61.9M |
| 5 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
-$57.9M |
SO Hedge Fund Activity: Q3 2018 in Review
1,181 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q3 2018, worth a combined $25.8B — down 5.6% from $27.3B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new SO positions and 82 closed out — a net gain of 11 holders — while 420 added to existing stakes and 484 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $161M. The largest seller was Capital Research Global Investors, cutting an estimated $652M.
- 1,181 institutional investors held Southern Company (SO) as of Q3 2018, up from 1,180 in Q2 2018.
- Funds reported $25.8B of Southern Company stock for Q3 2018, down 5.6% quarter-over-quarter.
- 93 funds opened new Southern Company positions in Q3 2018 and 82 closed out, a net change of +11 holders.
- The largest Southern Company buyer in Q3 2018 was Renaissance Technologies, an estimated $161M added.
- The largest Southern Company seller in Q3 2018 was Capital Research Global Investors, an estimated $652M sold.
Based on aggregated 13F filings for Q3 2018.