Southern Company
1,724 hedge funds and large institutions have $48.8B invested in Southern Company in 2023 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 690 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
41% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 82
1% more funds holding
Funds holding: 1,704 → 1,724 (+20)
9% more repeat investments, than reductions
Existing positions increased: 690 | Existing positions reduced: 633
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)
20% less capital inflows, than outflows
Capital inflows: $2B | Capital outflows: $2.49B
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
1,724 of the 6,389 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: 116 funds opened new SO positions and 82 closed out — a net gain of 34 holders — while 690 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.
- 1,724 institutional investors held Southern Company (SO) as of Q2 2023, up from 1,704 in Q1 2023.
- Funds reported $48.8B of Southern Company stock for Q2 2023, down 0.1% quarter-over-quarter.
- 116 funds opened new Southern Company positions in Q2 2023 and 82 closed out, a net change of +34 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.