Southern Company
1,839 hedge funds and large institutions have $49.2B invested in Southern Company in 2023 Q4 according to their latest regulatory filings, with 241 funds opening new positions, 650 increasing their positions, 712 reducing their positions, and 85 closing their positions.
184% more first-time investments, than exits
New positions opened: 241 | Existing positions closed: 85
75% more call options, than puts
Call options by funds: $399M | Put options by funds: $229M
26% more capital inflows, than outflows
Capital inflows: $2.84B | Capital outflows: $2.25B
8% more funds holding
Funds holding: 1,710 → 1,839 (+129)
0.73% more ownership
Funds ownership: 63.54% → 64.27% (+0.73%)
9% less repeat investments, than reductions
Existing positions increased: 650 | Existing positions reduced: 712
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$826M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$392M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$107M |
| 4 |
Barclays
London,
United Kingdom
|
+$92.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$64.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$552M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$301M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$179M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$80.6M |
| 5 |
ExodusPoint Capital Management
New York
|
-$79.2M |
SO Hedge Fund Activity: Q4 2023 in Review
1,839 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q4 2023, worth a combined $49.2B — up 9.6% from $44.9B a quarter earlier.
Buyers outnumbered sellers: 241 funds opened new SO positions and 85 closed out — a net gain of 156 holders — while 650 added to existing stakes and 712 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $826M. The largest seller was Capital Research Global Investors, cutting an estimated $552M.
- 1,839 institutional investors held Southern Company (SO) as of Q4 2023, up from 1,710 in Q3 2023.
- Funds reported $49.2B of Southern Company stock for Q4 2023, up 9.6% quarter-over-quarter.
- 241 funds opened new Southern Company positions in Q4 2023 and 85 closed out, a net change of +156 holders.
- The largest Southern Company buyer in Q4 2023 was JP Morgan Chase, an estimated $826M added.
- The largest Southern Company seller in Q4 2023 was Capital Research Global Investors, an estimated $552M sold.
Based on aggregated 13F filings for Q4 2023.