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How Institutions Handled Southern Company Stock in Q3 2018

Vincent Kruger
How Institutions Handled Southern Company Stock in Q3 2018

The Vanguard Group is the largest institutional investor in the Georgia-based Southern Company (SO), the second-largest regulated utility. It added more than 1.3 million shares and raised its stake in SO to 7.5% on September 30. At the end of the third quarter, it held ~77.5 million shares, compared to 76.1 million shares in the second quarter.