Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Southern Co (SO)

2K + Investors. Track Smart Money conviction in SO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +109
Streak
3Q ▲
Buyers last Q
57%

Smart Money Signals — SO

Based on 2352 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added SO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
2,352 hedge funds hold SO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+192 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

1227 buying922 selling
Last quarter: 1,227 funds bought or added vs 922 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~242 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 143 → 177 → 240 → 242. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 18% medium ■ 14% new
1,607 out of 2,352 hedge funds have held SO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

244 → 143 → 177 → 240 → 242 new funds/Q
New funds entering each quarter: 143 → 177 → 240 → 242. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 71% veterans vs 17% newcomers

■ 71% veterans ■ 12% 1-2yr ■ 17% new
Entry-cohort mix of 2,399 holders: 1,704 (71%) are 2+ year veterans, 298 entered 1–2 years ago, and 397 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
69 of 2342 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in SO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SO

In 2026 Q1, 1227 hedge funds were net buyers of SO (242 opened a new position, 985 added to an existing one), while 922 reduced or exited (789 trimmed, 133 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in SO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +109 funds (more new holders than closures). Total institutional holders: 2352.

Hedge Fund Ownership: SO

How many hedge funds hold SO — quarterly history vs. share price
Quarterly hedge fund ownership of SO vs. share price

Market Analysis: SO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Southern Co (SO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SO has moved relative to its sector benchmark (XLU) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
SO
-2.8%
XLU
-2.5%

SO outperformed XLU by -0.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
SO
+2.2%
XLU
+2.0%

Since the filing became public, SO outperformed XLU by +0.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

101 top-rated funds 16 high-conviction
Consensus
8.7
/ 10
breadth
×
Elite
3.8
/ 10
conviction
Hedge Fund Positioning: SO
2K + Investors

Track Smart Money conviction in SO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 2332 2243 3.97%
13F Shares 750M 844M -11.1%
Total Value $67.82B $69.84B -2.89%
New Positions 238 240 -2
Increased Positions 966 850 +116
Closed Positions 149 185 -36
Reduced Positions 767 804 -37
Total Calls 29 26 11.54%
Total Puts 28 24 16.67%
PUT/CALL Ratio 0.97 0.92 Neutral

Statistics: SO

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
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Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 SO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Capital & Planning, LLC 8.39% 143,334 $13.8M
2 Signature Wealth Management Group 4.46% 121,632 $11.7M
3 Longboard Asset Management, LP 4.29% 2,573 $248K
4 Chronos Wealth Management, LLC 4.11% 87,955 $8.5M
5 Windle Wealth, LLC 3.89% 95,318 $9.2M
6 Portman Square Capital LLP 3.67% 986,700 $95.2M
7 Carson Advisory Inc. 3.58% 71,493 $6.9M
8 Aull & Monroe Investment Management Corp 3.50% 78,074 $7.5M
9 High Point Wealth Management, LLC 3.44% 36,919 $3.6M
10 Walsky Investment Management, Inc. 3.32% 33,858 $3.3M
11 Legacy Financial Independent Advisors LLC 3.24% 64,522 $6.2M
12 Edgar Lomax Co/Va 3.08% 448,070 $43.2M
13 Griffith & Werner, Inc. 3.07% 64,207 $6.2M
14 Liberty One Investment Management, LLC 3.03% 304,312 $29.4M
15 Virginia Wealth Management Group, INC. 2.87% 55,464 $5.4M
16 Welch Group, LLC 2.84% 782,791 $75.6M
17 American Trust Investment Advisors, LLC 2.73% 51,116 $4.9M
18 Energy Income Partners, LLC 2.67% 1,716,842 $165.7M
19 Fairvoy Private Wealth, LLC 2.65% 115,123 $11.1M
20 Cahaba Wealth Management, INC. 2.55% 389,578 $37.6M
21 Kentucky Trust Co 2.47% 48,916 $4.7M
22 M3 Wealth Management, LLC 2.39% 32,110 $3.1M
23 Baugh & Associates, LLC 2.34% 56,077 $5.4M
24 Morgan Dempsey Capital Management LLC 2.23% 50,677 $4.9M
25 Towne Trust Company, N.A 2.19% 70,708 $6.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Southern Co (SO)

What does the Smart Money Trend signal show for SO?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added SO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SO?

Slight buying edge — 57% buying: Last quarter: 1,227 funds bought or added vs 922 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SO holders?

Elite ownership — 52% AUM from top-100 funds: 69 of 2342 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in SO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held SO?

68% of holders stayed for 2+ years: 1,607 out of 2,352 hedge funds have held SO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Southern Co (SO) following the 2026 Q1 hedge fund 13F filings?

As of today, SO has moved +2.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the XLU sector ETF — an outperformance of +0.2%. Since the quarter end (March 31, 2026), SO has gained -2.8% vs -2.5% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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