Dakota Wealth Management Trims Stake in Southern Company

The investment firm reduced its holdings in the utility provider by over 90% in the fourth quarter.

Mar. 31, 2026 at 7:54am

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According to a recent SEC filing, Dakota Wealth Management decreased its position in shares of Southern Company (NYSE: SO) by 93.5% in the fourth quarter. The fund now owns 7,305 shares of the utilities provider's stock, down from 112,459 shares previously.

Why it matters

This significant reduction in Dakota Wealth Management's Southern Company holdings suggests the firm may have a more bearish outlook on the utility's prospects compared to the previous quarter. Institutional investor activity can provide insights into market sentiment around a stock.

The details

Dakota Wealth Management sold 105,154 shares of Southern Company during the fourth quarter, leaving it with a much smaller 7,305-share position. The firm cited the utilities provider's stock price and valuation as reasons for the portfolio trim.

  • Dakota Wealth Management filed the 13F disclosure on March 31, 2026, detailing its Q4 2025 holdings.
  • The firm sold the 105,154 Southern Company shares during the fourth quarter of 2025.

The players

Dakota Wealth Management

An investment management firm that decreased its stake in Southern Company by over 90% in Q4 2025.

Southern Company

A major U.S. utility provider that generates and distributes electricity to customers across the Southeast.

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The takeaway

This filing suggests Dakota Wealth Management has grown more cautious on Southern Company's outlook, potentially signaling broader investor concerns about the utility's valuation or growth prospects. However, it's important to note that a single institutional investor's portfolio moves don't necessarily reflect the overall market sentiment.