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Southern Company

1,364 hedge funds and large institutions have $34.2B invested in Southern Company in 2020 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 485 increasing their positions, 601 reducing their positions, and 156 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $223M | Put options by funds: $136M

0.51% less ownership

Funds ownership: 60.38%59.88% (-0.51%)

3% less funds holding in top 10

Funds holding in top 10: 2928 (-1)

6% less funds holding

Funds holding: 1,4451,364 (-81)

15% less capital invested

Capital invested by funds: $40.3B → $34.2B (-$6.14B)

19% less repeat investments, than reductions

Existing positions increased: 485 | Existing positions reduced: 601

39% less first-time investments, than exits

New positions opened: 95 | Existing positions closed: 156

Holders
1,364
Holders Change
-81
Holders Change %
-5.61%
% of All Funds
30.06%
Holding in Top 10
28
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-3.45%
% of All Funds
0.62%
New
95
Increased
485
Reduced
601
Closed
156
Calls
$223M
Puts
$136M
Net Calls
+$87.5M
Net Calls Change
+$146M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.01B +$129M +2,042,165 +2%
BlackRock
2
BlackRock
New York
$4.16B -$92.1M -1,453,158 -2%
State Street
3
State Street
Massachusetts
$3.13B +$34.3M +541,205 +0.9%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$1.97B +$101M +1,595,176 +5%
Franklin Resources
5
Franklin Resources
California
$1.47B +$28M +441,612 +2%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$1.46B +$59.6M +940,199 +4%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$811M -$11.1M -175,370 -1%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$702M -$136M -2,154,623 -14%
Northern Trust
9
Northern Trust
Illinois
$682M +$4.24M +66,917 +0.5%
Legal & General Group
10
Legal & General Group
United Kingdom
$565M +$11.3M +177,708 +2%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$552M -$37.1M -586,323 -5%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$441M -$7.57M -119,513 -1%
Wells Fargo
13
Wells Fargo
California
$434M -$24.7M -390,135 -5%
Norges Bank
14
Norges Bank
Norway
$420M -$346K -5,461 -0.1%
Renaissance Technologies
15
Renaissance Technologies
New York
$412M +$100M +1,582,175 +26%
PAMU
16
Pictet Asset Management (UK)
United Kingdom
$375M +$98.8M +1,559,259 +29%
Bank of America
17
Bank of America
North Carolina
$369M -$45.4M -715,942 -10%
Invesco
18
Invesco
Georgia
$328M -$66.9M -1,056,066 -15%
Goldman Sachs
19
Goldman Sachs
New York
$327M -$104M -1,648,029 -21%
Swiss National Bank
20
Swiss National Bank
Switzerland
$297M +$59.8M +943,400 +21%
Federated Hermes
21
Federated Hermes
Pennsylvania
$286M -$7.4M -116,846 -2%
N
22
Nuveen
North Carolina
$278M +$56.1M +885,372 +21%
Sumitomo Mitsui Trust Group
23
Sumitomo Mitsui Trust Group
Japan
$266M +$28.1M +443,472 +10%
Charles Schwab
24
Charles Schwab
California
$259M +$2.91M +45,944 +1%
UBS AM
25
UBS AM
Illinois
$247M +$17.6M +277,540 +6%

SO Hedge Fund Activity: Q1 2020 in Review

1,364 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q1 2020, worth a combined $34.2B — down 15% from $40.3B a quarter earlier.

Sellers outnumbered buyers: 156 funds closed out of SO and 95 opened new positions — a net loss of 61 holders — while 601 trimmed existing stakes and 485 added.

The largest buyer was Vanguard Group, adding an estimated $129M. The largest seller was Zimmer Partners, cutting an estimated $144M.

  • 1,364 institutional investors held Southern Company (SO) as of Q1 2020, down from 1,445 in Q4 2019.
  • Funds reported $34.2B of Southern Company stock for Q1 2020, down 15% quarter-over-quarter.
  • 95 funds opened new Southern Company positions in Q1 2020 and 156 closed out, a net change of -61 holders.
  • The largest Southern Company buyer in Q1 2020 was Vanguard Group, an estimated $129M added.
  • The largest Southern Company seller in Q1 2020 was Zimmer Partners, an estimated $144M sold.

Based on aggregated 13F filings for Q1 2020.