Kettle Hill Capital Invests $12.27M in Southern Company

New SEC filing reveals hedge fund's stake in major utility provider

Mar. 16, 2026 at 11:51am

Got story updates? Submit your updates here. ›

Kettle Hill Capital Management LLC, a hedge fund, has disclosed a new $12.27 million stake in Southern Company (NYSE:SO), a major U.S. electric and gas utility provider. The fund purchased 129,463 shares of Southern Company stock during the third quarter, making it the 19th largest position in Kettle Hill's portfolio.

Why it matters

This investment by Kettle Hill Capital, a prominent hedge fund, signals confidence in Southern Company's long-term prospects as a leading utility provider in the Southeast U.S. market. Southern Company's diversified energy assets and regulated business model have made it an attractive investment for institutional investors seeking stable returns.

The details

According to a recent SEC filing, Kettle Hill Capital Management acquired 129,463 shares of Southern Company stock valued at approximately $12.27 million during the third quarter. This new position represents about 2.8% of Kettle Hill's total portfolio. Southern Company is the 19th largest holding for the hedge fund.

  • Kettle Hill Capital Management made the investment during the third quarter of the year.

The players

Kettle Hill Capital Management LLC

A hedge fund that has invested $12.27 million in Southern Company stock, making it the 19th largest position in the fund's portfolio.

Southern Company (The)

A major U.S. electric and gas utility provider serving customers across the Southeast.

Got photos? Submit your photos here. ›

The takeaway

This investment by Kettle Hill Capital underscores the appeal of Southern Company's regulated utility business model and diversified energy assets, which have made it a reliable choice for institutional investors seeking stable returns.