Southern Company
1,709 hedge funds and large institutions have $44.9B invested in Southern Company in 2023 Q3 according to their latest regulatory filings, with 125 funds opening new positions, 655 increasing their positions, 660 reducing their positions, and 117 closing their positions.
62% more call options, than puts
Call options by funds: $314M | Put options by funds: $194M
7% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 117
0.11% less ownership
Funds ownership: 63.65% → 63.54% (-0.11%)
1% less funds holding
Funds holding: 1,722 → 1,709 (-13)
1% less repeat investments, than reductions
Existing positions increased: 655 | Existing positions reduced: 660
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
8% less capital invested
Capital invested by funds: $48.8B → $44.9B (-$3.9B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$358M |
| 2 |
JP Morgan Chase
New York
|
+$198M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$146M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$128M |
| 5 |
Cohen & Steers
New York
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$627M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$364M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$169M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$157M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$82.1M |
SO Hedge Fund Activity: Q3 2023 in Review
1,709 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q3 2023, worth a combined $44.9B — down 8% from $48.8B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new SO positions and 117 closed out — a net gain of 8 holders — while 655 added to existing stakes and 660 trimmed.
The largest buyer was Capital International Investors, adding an estimated $358M. The largest seller was T. Rowe Price Associates, cutting an estimated $627M.
- 1,709 institutional investors held Southern Company (SO) as of Q3 2023, down from 1,722 in Q2 2023.
- Funds reported $44.9B of Southern Company stock for Q3 2023, down 8% quarter-over-quarter.
- 125 funds opened new Southern Company positions in Q3 2023 and 117 closed out, a net change of +8 holders.
- The largest Southern Company buyer in Q3 2023 was Capital International Investors, an estimated $358M added.
- The largest Southern Company seller in Q3 2023 was T. Rowe Price Associates, an estimated $627M sold.
Based on aggregated 13F filings for Q3 2023.