Mather Group Reduces Stake in Southern Company

Investment firm sells off over 11,000 shares of utility provider

Mar. 28, 2026 at 10:08am

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Mather Group LLC, an investment management firm, reduced its stake in Southern Company (NYSE: SO) by 43.2% during the fourth quarter, according to a recent SEC filing. The firm sold 11,571 shares, leaving it with 15,221 shares worth $1.327 million as of the end of the quarter.

Why it matters

This filing provides insight into the investment decisions of Mather Group, which manages over $3 billion in assets. The reduction in Southern Company shares could signal a shift in the firm's outlook on the utility sector or the company specifically.

The details

Mather Group sold 11,571 shares of Southern Company stock during the fourth quarter, reducing its total position by 43.2%. The firm now holds 15,221 shares worth approximately $1.327 million. Southern Company is a major electric and gas utility serving the southeastern United States.

  • Mather Group reduced its stake in Southern Company during the fourth quarter of 2025.

The players

Mather Group LLC

An investment management firm that manages over $3 billion in assets.

Southern Company

A major electric and gas utility serving the southeastern United States.

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The takeaway

This filing indicates that Mather Group has reduced its exposure to the utility sector, potentially signaling a shift in the firm's investment strategy or outlook on the industry. However, without additional context, it's difficult to determine the specific reasons behind the portfolio adjustment.