Southern Company
1,722 hedge funds and large institutions have $48.8B invested in Southern Company in 2023 Q2 according to their latest regulatory filings, with 115 funds opening new positions, 689 increasing their positions, 633 reducing their positions, and 82 closing their positions.
114% more call options, than puts
Call options by funds: $331M | Put options by funds: $155M
40% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 82
1% more funds holding
Funds holding: 1,703 → 1,722 (+19)
9% more repeat investments, than reductions
Existing positions increased: 689 | Existing positions reduced: 633
0% less capital invested
Capital invested by funds: $48.8B → $48.8B (-$51.2M)
0.75% less ownership
Funds ownership: 64.4% → 63.65% (-0.75%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$400M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$168M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$162M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$91M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$63.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.3B |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$137M |
| 3 |
Renaissance Technologies
New York
|
-$68.6M |
| 4 |
BlackRock
New York
|
-$63.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$60.7M |
SO Hedge Fund Activity: Q2 2023 in Review
1,722 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q2 2023, worth a combined $48.8B — down 0.1% from $48.8B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new SO positions and 82 closed out — a net gain of 33 holders — while 689 added to existing stakes and 633 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $400M. The largest seller was T. Rowe Price Associates, cutting an estimated $1.3B.
- 1,722 institutional investors held Southern Company (SO) as of Q2 2023, up from 1,703 in Q1 2023.
- Funds reported $48.8B of Southern Company stock for Q2 2023, down 0.1% quarter-over-quarter.
- 115 funds opened new Southern Company positions in Q2 2023 and 82 closed out, a net change of +33 holders.
- The largest Southern Company buyer in Q2 2023 was Capital International Investors, an estimated $400M added.
- The largest Southern Company seller in Q2 2023 was T. Rowe Price Associates, an estimated $1.3B sold.
Based on aggregated 13F filings for Q2 2023.