Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in SO held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 93.0M | $8.90B | +2.9% | 8.249% | 0.13% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 73.7M | $7.05B | +3.0% | 6.535% | 0.15% |
| 3 | STATE STREET CORP | 64.8M | $6.20B | +2.9% | 5.749% | 0.09% |
| 4 | Capital World Investors | 62.5M | $5.98B | +11.2% | 5.546% | 0.71% |
| 5 | JPMORGAN CHASE & CO | 32.8M | $3.17B | -24.4% | 2.908% | 0.18% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 29.3M | $2.82B | +3.4% | 2.601% | 0.15% |
| 7 | VANGUARD PORTFOLIO MANAGEMENT LLC | 27.0M | $2.59B | +3.4% | 2.397% | 0.12% |
| 8 | FMR LLC | 22.5M | $2.16B | -1.5% | 1.999% | 0.09% |
| 9 | FRANKLIN RESOURCES INC | 16.6M | $1.59B | -1.5% | 1.469% | 0.34% |
| 10 | GOLDMAN SACHS GROUP INC | 14.6M | $1.40B | +136.7% | 1.294% | 0.12% |
| 11 | NORGES BANK | 14.4M | $1.37B | — | 1.274% | 0.14% |
| 12 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 13.8M | $1.32B | -11.3% | 1.227% | 0.42% |
| 13 | MORGAN STANLEY | 13.5M | $1.30B | +4.8% | 1.201% | 0.07% |
| 14 | NORTHERN TRUST CORP | 9.8M | $933.7M | -0.7% | 0.865% | 0.11% |
| 15 | AMERIPRISE FINANCIAL INC | 9.6M | $915.8M | +1.4% | 0.849% | 0.19% |
| 16 | ROYAL BANK OF CANADA | 8.7M | $834.7M | -0.4% | 0.774% | 0.12% |
| 17 | BANK OF AMERICA CORP /DE/ | 8.4M | $803.2M | +0.1% | 0.745% | 0.05% |
| 18 | Legal & General Group Plc | 7.7M | $737.3M | -1.8% | 0.683% | 0.15% |
| 19 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 7.4M | $707.0M | +3.9% | 0.655% | 0.09% |
| 20 | Bank of New York Mellon Corp | 7.3M | $696.6M | 0.0% | 0.646% | 0.11% |
| 21 | VANGUARD FIDUCIARY TRUST CO | 6.3M | $605.9M | +2.1% | 0.561% | 0.13% |
| 22 | Boston Partners | 6.2M | $591.1M | +15069.1% | 0.548% | 0.53% |
| 23 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME | 5.7M | $543.8M | +9.8% | 0.504% | 0.10% |
| 24 | Invesco Ltd. | 5.6M | $533.8M | +0.7% | 0.495% | 0.04% |
| 25 | WELLINGTON MANAGEMENT GROUP LLP | 5.5M | $528.3M | +22.2% | 0.490% | 0.09% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in SO — a direct measure of their conviction.
Filings activity in SO during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new SO position in Q2 2026
Institutions that fully closed their SO position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 2,370 | +1.0% | 75.03% | +4.39 pp | $75.15B | +3.8% |
| Q1 2026 | 2,347 | +5.6% | 70.64% | 4.04 pp | $72.36B | +5.1% |
| Q4 2025 | 2,222 | +1.9% | 74.68% | +3.05 pp | $68.87B | 3.2% |
| Q3 2025 | 2,180 | +1.6% | 71.63% | +2.57 pp | $71.17B | +4.4% |
| Q2 2025 | 2,146 | 0.1% | 69.06% | +3.52 pp | $68.16B | +4.7% |
| Q1 2025 | 2,148 | +5.0% | 65.54% | 0.14 pp | $65.08B | +9.7% |
| Q4 2024 | 2,045 | +4.8% | 65.68% | 0.32 pp | $59.32B | 7.4% |
| Q3 2024 | 1,952 | — | 66.00% | — | $64.09B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying SO stock.
Based on Q2 2026 13F filings, institutional ownership of The Southern Company stands at 75.0%, held across 2,370 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of SO, with approximately 92,990,716 shares worth $8.90B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of SO.
Our composite Smart Money Score for SO is 47 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
114 institutions opened new positions in SO during Q2 2026, while 114 fully exited. 869 added to existing positions and 1,310 trimmed.
SO institutional ownership rose by 4.39 percentage points quarter-over-quarter, with a net change of +23 holders.
The top 10 institutions account for 55.7% of all reported 13F value in SO, and the top 25 account for 72.2%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
The Southern Company (SO) Institutional Ownership