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
↑ +11
Streak
4Q ▲
Buyers last Q
59%

Smart Money Signals — SO

Based on 2367 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 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
2,367 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 — +10% more funds vs a year ago

fund count last 6Q
+211 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

1272 buying891 selling
Last quarter: 1,272 funds bought or added vs 891 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.
⚠️

Fewer new buyers each quarter (-79 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 178 → 241 → 244 → 165. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 17% medium ■ 14% new
1,646 out of 2,367 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.
💎

Buying through price weakness — shares +27%, value +10%

Value
+10%
Shares
+26%
Last quarter: funds added +27% more shares while total portfolio value only changed +10%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~165 new funds/quarter

144 → 178 → 241 → 244 → 165 new funds/Q
New funds entering each quarter: 178 → 241 → 244 → 165. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 71% veterans vs 16% newcomers

■ 71% veterans ■ 13% 1-2yr ■ 16% new
Entry-cohort mix of 2,409 holders: 1,717 (71%) are 2+ year veterans, 315 entered 1–2 years ago, and 377 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 69% AUM from top-100 funds

69% from top-100 AUM funds
70 of 2358 holders are among the 100 largest funds by AUM, controlling 69% 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 Q2, 1272 hedge funds were net buyers of SO (165 opened a new position, 1107 added to an existing one), while 891 reduced or exited (737 trimmed, 154 sold completely) — a 59% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 69% of total institutional value in SO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 2367.

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.

Loading signal freshness…
Smart Money Signal ?
Broad Consensus, Selective Conviction

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

60 top-rated funds 14 high-conviction
Consensus
7.8
/ 10
breadth
×
Elite
4.0
/ 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 Q2) Prior (2026 Q1) Change
Funds Holding 2340 2356 -0.68%
13F Shares 840M 762M 10.35%
Total Value $74.60B $68.87B 8.32%
New Positions 157 244 -87
Increased Positions 1091 973 +118
Closed Positions 164 134 +30
Reduced Positions 720 775 -55
Total Calls 24 29 -17.24%
Total Puts 26 28 -7.14%
PUT/CALL Ratio 1.08 0.97 Neutral

Statistics: SO

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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 Q2)

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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Southern Financial Group, LLC 8.95% 366,432 $35.1M
2 Capital & Planning, LLC 7.44% 150,547 $14.4M
3 Longboard Asset Management, LP 4.13% 2,573 $246K
4 Portman Square Capital LLP 3.99% 880,200 $84.2M
5 Chronos Wealth Management, LLC 3.83% 90,154 $8.6M
6 Windle Wealth, LLC 3.78% 98,225 $9.4M
7 Aull & Monroe Investment Management Corp 3.14% 78,384 $7.5M
8 Carson Advisory Inc. 3.09% 70,389 $6.7M
9 Griffith & Werner, Inc. 3.07% 68,491 $6.6M
10 Walsky Investment Management, Inc. 2.98% 33,575 $3.2M
11 Liberty One Investment Management, LLC 2.96% 309,176 $29.6M
12 Edgar Lomax Co/Va 2.94% 411,155 $39.4M
13 High Point Wealth Management, LLC 2.92% 37,339 $3.6M
14 Virginia Wealth Management Group, INC. 2.66% 55,890 $5.3M
15 Energy Income Partners, LLC 2.61% 1,735,602 $166.1M
16 Welch Group, LLC 2.57% 787,841 $75.4M
17 American Trust Investment Advisors, LLC 2.43% 51,434 $4.9M
18 Kentucky Trust Co 2.24% 48,616 $4.7M
19 Fairvoy Private Wealth, LLC 2.23% 115,261 $11.0M
20 Baugh & Associates, LLC 2.19% 51,696 $4.9M
21 Cahaba Wealth Management, INC. 2.16% 373,857 $35.8M
22 Morgan Dempsey Capital Management LLC 2.14% 52,236 $5.0M
23 Towne Trust Company, N.A 2.09% 71,817 $6.9M
24 Confluence Investment Management LLC 2.05% 1,370,593 $131.2M
25 M3 Wealth Management, LLC 2.01% 32,320 $3.1M
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 — 4 quarters in a row: For 4 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 — 59% buying: Last quarter: 1,272 funds bought or added vs 891 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 — 69% AUM from top-100 funds: 70 of 2358 holders are among the 100 largest funds by AUM, controlling 69% 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?

70% of holders stayed for 2+ years: 1,646 out of 2,367 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.

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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