Ranked by reported Q1 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. | 90.4M | $8.72B | +2.0% | 8.016% | 0.15% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 71.5M | $6.90B | β | 6.346% | 0.17% |
| 3 | STATE STREET CORP | 63.0M | $6.08B | +2.4% | 5.587% | 0.21% |
| 4 | Capital World Investors | 56.2M | $5.43B | +36.7% | 4.989% | 0.74% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 28.4M | $2.75B | +4.0% | 2.515% | 0.17% |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 26.1M | $2.52B | β | 2.319% | 0.13% |
| 7 | FMR LLC | 22.9M | $2.21B | -0.5% | 2.030% | 0.12% |
| 8 | FRANKLIN RESOURCES INC | 16.8M | $1.62B | +9.6% | 1.491% | 0.40% |
| 9 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 15.6M | $1.50B | -4.3% | 1.383% | 0.51% |
| 10 | MORGAN STANLEY | 12.9M | $1.25B | -1.8% | 1.146% | 0.08% |
| 11 | NORTHERN TRUST CORP | 9.8M | $948.5M | +0.0% | 0.872% | 0.13% |
| 12 | AMERIPRISE FINANCIAL INC | 9.4M | $910.5M | -0.4% | 0.837% | 0.21% |
| 13 | ROYAL BANK OF CANADA | 8.8M | $844.9M | +10.3% | 0.776% | 0.15% |
| 14 | BANK OF AMERICA CORP /DE/ | 8.4M | $808.9M | +4.9% | 0.743% | 0.06% |
| 15 | Legal & General Group Plc | 7.8M | $757.5M | -6.8% | 0.696% | 0.18% |
| 16 | Bank of New York Mellon Corp | 7.3M | $702.5M | -2.3% | 0.646% | 0.13% |
| 17 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 7.1M | $686.4M | +3.2% | 0.631% | 0.10% |
| 18 | VANGUARD FIDUCIARY TRUST CO | 6.2M | $598.1M | β | 0.550% | 0.15% |
| 19 | GOLDMAN SACHS GROUP INC | 6.2M | $594.7M | +22.9% | 0.547% | 0.07% |
| 20 | Invesco Ltd. | 5.5M | $534.5M | +3.4% | 0.491% | 0.08% |
| 21 | UBS ASSET MANAGEMENT AMERICAS INC | 5.2M | $499.3M | +1.1% | 0.459% | 0.10% |
| 22 | BARCLAYS PLC | 4.6M | $440.6M | β | 0.405% | 0.18% |
| 23 | WELLINGTON MANAGEMENT GROUP LLP | 4.5M | $435.9M | +22.0% | 0.401% | 0.08% |
| 24 | WELLS FARGO & COMPANY/MN | 4.5M | $429.9M | +11.1% | 0.395% | 0.09% |
| 25 | UBS Group AG | 4.3M | $417.4M | -8.1% | 0.384% | 0.06% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in SO β a direct measure of their conviction.
Filings activity in SO during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new SO position in Q1 2026
Institutions that fully closed their SO position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,309 | +4.4% | 63.94% | 0.49 pp | $67.75B | 0.8% |
| Q4 2025 | 2,211 | +1.9% | 64.43% | 2.35 pp | $68.28B | 3.5% |
| Q3 2025 | 2,169 | +1.1% | 66.78% | +2.46 pp | $70.76B | +3.8% |
| Q2 2025 | 2,146 | 0.1% | 64.32% | +2.90 pp | $68.16B | +4.7% |
| Q1 2025 | 2,148 | +5.0% | 61.42% | +5.44 pp | $65.08B | +9.7% |
| Q4 2024 | 2,045 | +4.8% | 55.98% | 4.50 pp | $59.32B | 7.4% |
| Q3 2024 | 1,952 | +6.3% | 60.48% | +6.00 pp | $64.09B | +11% |
| Q2 2024 | 1,836 | β | 54.48% | β | $57.73B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying SO stock.
Based on Q1 2026 13F filings, institutional ownership of The Southern Company stands at 63.9%, held across 2,309 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of SO, with approximately 90,368,703 shares worth $8.72B as of Q1 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 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
261 institutions opened new positions in SO during Q1 2026, while 163 fully exited. 1,783 added to existing positions and 257 trimmed.
SO institutional ownership fell by 0.49 percentage points quarter-over-quarter, with a net change of +98 holders.
The top 10 institutions account for 57.5% of all reported 13F value in SO, and the top 25 account for 71.7%.
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