APG Asset Management Trims Stake in Southern Company

Utility giant sees slight decrease in institutional ownership

Mar. 3, 2026 at 1:39am

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APG Asset Management N.V., a major institutional investor, has trimmed its position in Southern Company (NYSE: SO) by 1.6% during the third quarter, according to a recent SEC filing. The fund now owns 1,150,304 shares of the utilities provider's stock, down from 1,168,486 shares previously.

Why it matters

Southern Company is one of the largest electric and gas utility companies in the United States, serving millions of customers across the Southeast. Changes in institutional ownership of the stock can signal shifting investor sentiment and provide insights into the company's performance and outlook.

The details

According to the 13F filing, APG Asset Management sold 18,182 shares of Southern Company stock during the third quarter. The fund now owns approximately 0.10% of the company's outstanding shares, valued at $109 million as of the most recent reporting period. Southern Company's stock has traded in a range of $83.09 to $100.83 over the past 52 weeks.

  • The 13F filing covers the third quarter of 2026.
  • APG Asset Management sold the shares during the third quarter of 2026.

The players

APG Asset Management N.V.

A major institutional investment firm that manages over $700 billion in assets globally.

Southern Company

A large electric and gas utility company serving customers across the Southeastern United States.

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The takeaway

The slight decrease in institutional ownership of Southern Company stock by a major investor like APG Asset Management suggests the company's performance and outlook may be facing some scrutiny from the investment community. However, Southern remains a significant holding in APG's portfolio, indicating the firm still sees long-term value in the utility giant.