Southern Company
1,826 hedge funds and large institutions have $51B invested in Southern Company in 2024 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 731 increasing their positions, 692 reducing their positions, and 111 closing their positions.
140% more call options, than puts
Call options by funds: $423M | Put options by funds: $176M
13% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 111
6% more repeat investments, than reductions
Existing positions increased: 731 | Existing positions reduced: 692
4% more capital invested
Capital invested by funds: $49.2B → $51B (+$1.88B)
0.95% more ownership
Funds ownership: 64.27% → 65.22% (+0.95%)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
1% less funds holding
Funds holding: 1,838 → 1,826 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$735M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$521M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$192M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$115M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$415M |
| 2 |
State Street
Boston,
Massachusetts
|
-$404M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$227M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$109M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$82.4M |
SO Hedge Fund Activity: Q1 2024 in Review
1,826 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q1 2024, worth a combined $51B — up 3.8% from $49.2B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new SO positions and 111 closed out — a net gain of 14 holders — while 731 added to existing stakes and 692 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $735M. The largest seller was T. Rowe Price Associates, cutting an estimated $415M.
- 1,826 institutional investors held Southern Company (SO) as of Q1 2024, down from 1,838 in Q4 2023.
- Funds reported $51B of Southern Company stock for Q1 2024, up 3.8% quarter-over-quarter.
- 125 funds opened new Southern Company positions in Q1 2024 and 111 closed out, a net change of +14 holders.
- The largest Southern Company buyer in Q1 2024 was JP Morgan Chase, an estimated $735M added.
- The largest Southern Company seller in Q1 2024 was T. Rowe Price Associates, an estimated $415M sold.
Based on aggregated 13F filings for Q1 2024.