Southern Company
1,319 hedge funds and large institutions have $38.6B invested in Southern Company in 2019 Q3 according to their latest regulatory filings, with 105 funds opening new positions, 495 increasing their positions, 490 reducing their positions, and 53 closing their positions.
103% more call options, than puts
Call options by funds: $456M | Put options by funds: $224M
98% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 53
50% more funds holding in top 10
Funds holding in top 10: 20 → 30 (+10)
13% more capital invested
Capital invested by funds: $34B → $38.6B (+$4.56B)
4% more funds holding
Funds holding: 1,273 → 1,319 (+46)
1% more repeat investments, than reductions
Existing positions increased: 495 | Existing positions reduced: 490
0.62% more ownership
Funds ownership: 59.17% → 59.79% (+0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$140M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$139M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$92.6M |
| 4 |
ZP
Zimmer Partners
New York
|
+$87.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$69.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$158M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$99.7M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$94.6M |
| 4 |
Bank of New York Mellon
New York
|
-$71.9M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$58M |
SO Hedge Fund Activity: Q3 2019 in Review
1,319 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q3 2019, worth a combined $38.6B — up 13% from $34B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new SO positions and 53 closed out — a net gain of 52 holders — while 495 added to existing stakes and 490 trimmed.
The largest buyer was BlackRock, adding an estimated $140M. The largest seller was Federated Hermes, cutting an estimated $158M.
- 1,319 institutional investors held Southern Company (SO) as of Q3 2019, up from 1,273 in Q2 2019.
- Funds reported $38.6B of Southern Company stock for Q3 2019, up 13% quarter-over-quarter.
- 105 funds opened new Southern Company positions in Q3 2019 and 53 closed out, a net change of +52 holders.
- The largest Southern Company buyer in Q3 2019 was BlackRock, an estimated $140M added.
- The largest Southern Company seller in Q3 2019 was Federated Hermes, an estimated $158M sold.
Based on aggregated 13F filings for Q3 2019.