Southern Company
1,886 hedge funds and large institutions have $56.8B invested in Southern Company in 2024 Q2 according to their latest regulatory filings, with 177 funds opening new positions, 740 increasing their positions, 652 reducing their positions, and 91 closing their positions.
95% more first-time investments, than exits
New positions opened: 177 | Existing positions closed: 91
76% more capital inflows, than outflows
Capital inflows: $4.14B | Capital outflows: $2.35B
68% more call options, than puts
Call options by funds: $414M | Put options by funds: $246M
45% more funds holding in top 10
Funds holding in top 10: 11 → 16 (+5)
13% more repeat investments, than reductions
Existing positions increased: 740 | Existing positions reduced: 652
3% more funds holding
Funds holding: 1,827 → 1,886 (+59)
1.75% more ownership
Funds ownership: 65.22% → 66.96% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$1.04B |
| 2 |
JP Morgan Chase
New York
|
+$739M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$366M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$282M |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$345M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$198M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$123M |
| 4 |
D.E. Shaw & Co
New York
|
-$118M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$83.3M |
SO Hedge Fund Activity: Q2 2024 in Review
1,886 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Southern Company (SO) for Q2 2024, worth a combined $56.8B — up 11% from $51B a quarter earlier.
Buyers outnumbered sellers: 177 funds opened new SO positions and 91 closed out — a net gain of 86 holders — while 740 added to existing stakes and 652 trimmed.
The largest buyer was GQG Partners, opening a new position worth an estimated $1.04B. The largest seller was T. Rowe Price Associates, cutting an estimated $345M.
- 1,886 institutional investors held Southern Company (SO) as of Q2 2024, up from 1,827 in Q1 2024.
- Funds reported $56.8B of Southern Company stock for Q2 2024, up 11% quarter-over-quarter.
- 177 funds opened new Southern Company positions in Q2 2024 and 91 closed out, a net change of +86 holders.
- The largest Southern Company buyer in Q2 2024 was GQG Partners, an estimated $1.04B added.
- The largest Southern Company seller in Q2 2024 was T. Rowe Price Associates, an estimated $345M sold.
Based on aggregated 13F filings for Q2 2024.