Southwest Airlines Co
LUV- Exchange
- NYSE
- Industry
- Air Transportation, Scheduled
- SEC CIK
- 0000092380
No open-market purchases or sales by Southwest Airlines Co insiders were filed in the last 90 days; 938 institutions reported holding it in 13F filings for Q2 2026, worth $23.4B in total; Elliott Investment Management is the only superinvestor holding it.
Key figures
- Market capClose on Nov 10, 2026
- $22.7B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsOpen market, last 90 days
- 0
- 13F holdersQ2 2026, +71 vs. previous quarter
- 938
- 13F valueReported value at the end of Q2 2026
- $23.4B
- Superinvestors holdingAt the end of Q2 2026
- 1
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $28.1B
- +2.1% year over year
- Net income, FY2025
- $441.0M
- −5.2% year over year
- Free cash flow, FY2025
- -$831.0M
- No comparable prior period
- Revenue, Q3 FY2026
- $8.42B
- +21.2% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 24.6M
- Shares sold short
- Change
- +1.31M
- +5.6% vs. previous
- Days to cover
- 3.48
- At average daily volume
Superinvestors holding LUV, Q2 2026
Go to the superinvestors tab1 superinvestor reports holding Southwest Airlines Co on Form 13F. Percentages are the stock's share of each portfolio.
Elliott Investment Management
Paul Singer
8.7%
Southwest Airlines Co's share of the portfolio
- Shares
- 24,308,000
- Value
- $1.25B
Latest insider trades
See all insider tradesOpen-market purchases and sales by Southwest Airlines Co insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Apr 8, 2026 (view filing) | Apr 7 | 1 day | Atherton Lisa MDirector | SSale | −118 | $37.95 | −$4.48K | −100.0%0 after | |
| Dec 8, 2025 (view filing) | Dec 5 | 3 days | Jones JustinEVP Operations | SSale | −8.09K | $37.36 | −$302.1K | −11.6%61.9K after | |
| Aug 7, 2025 (view filing) | Aug 6 | 1 day | Saretsky Gregg ADirector | PPurchase | +3.35K | $30.03 | +$100.5K | +16.5%23.6K after | 2 lots |
| Aug 7, 2025 (view filing) | Aug 5 | 2 days | Feinberg SarahDirector | PPurchase | +1.50K | $30.01 | +$45.0K | +11.8%14.2K after | 2 lots |
| May 1, 2025 (view filing) | Apr 30 | 1 day | Saretsky Gregg ADirector | PPurchase | +3.67K | $27.29 | +$100.2K | +32.7%14.9K after | |
| Apr 30, 2025 (view filing) | Apr 29 | 1 day | Breber Pierre RDirector | PPurchase | +10.0K | $26.89 | +$268.9K | +29.4%44.0K after | 19 lots |
| Apr 29, 2025 (view filing) | Apr 28 | 1 day | Hess David PDirector | PPurchase | +7.50K | $26.52 | +$198.9K | +47.9%23.2K after | |
| Mar 14, 2025 (view filing) | Mar 12 | 2 days | Cush C. DavidDirector | PPurchase | +5.00K | $30.03 | +$150.2K | +35.7%19.0K after | |
| Mar 14, 2025 (view filing) | Mar 13 | 1 day | Watson Patricia ADirector | PPurchase | +3.27K | $30.58 | +$99.9K | +41.0%11.2K after | |
| Mar 14, 2025 (view filing) | Mar 13 | 1 day | Reynolds Christopher P.Director | PPurchase | +3.26K | $30.68 | +$100.0K | +20.8%18.9K after |
Top 10 13F holders, Q2 2026
See all 938 holdersThe largest institutional positions in Southwest Airlines Co at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Primecap Management Co | 48,797,725 | $2.51B | 1.48% | +1,728,230+3.7% | Added |
| Franklin Resources Inc | 46,578,090 | $2.40B | 0.52% | +2,191,682+4.9% | Added |
| Vanguard Capital Management LLC | 31,614,180 | $1.63B | 0.03% | −30,452−0.1% | Reduced |
| BlackRock, Inc. | 29,917,962 | $1.54B | 0.02% | +1,344,681+4.7% | Added |
| State Street Corp | 29,326,975 | $1.51B | 0.04% | −192,816−0.7% | Reduced |
| Elliott Investment Management L.P.SuperinvestorElliott Investment Management | 24,308,000 | $1.25B | 8.75% | −6,038,000−19.9% | Reduced |
| Vanguard Portfolio Management LLC | 23,999,965 | $1.23B | 0.06% | +869,817+3.8% | Added |
| Price T Rowe Associates Inc | 13,905,409 | $715.0M | 0.07% | +10,710+0.1% | Added |
| Geode Capital Management, LLC | 12,739,007 | $653.9M | 0.03% | −236,713−1.8% | Reduced |
| Ameriprise Financial Inc | 10,777,353 | $554.0M | 0.11% | +792,921+7.9% | Added |
Holders of 5% or more of LUV
See all 3 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Southwest Airlines Co.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Franklin Resources Inc | 13G/A | 10.20%49.7M shares | +1.20 ppfrom 9.00% | Nov 12, 20246 filings | Oct 7, 2026 | SEC |
| Primecap Management Co | 13G/A | 10.02%49.0M shares | +0.44 ppfrom 9.58% | Feb 12, 20216 filings | Oct 5, 2026 | SEC |
| Vanguard Capital Management LLC | 13G | 7.25%35.6M shares | New | Apr 30, 20261 filing | Apr 30, 2026 | SEC |
Politician trades
All politician trades in LUV15 members of Congress reported 42 trades in Southwest Airlines Co since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Jun 17, 2026 |  Matt Van Epps House · TN | Sell | $1K-$15K |
| Oct 10, 2025 |  Gilbert Ray Cisneros, Jr. House · CA | Buy | $1K-$15K |
| Sep 12, 2025 | Gilbert Ray Cisneros, Jr. House · CA | Sell | $1K-$15K |
| Aug 14, 2025 | Gilbert Ray Cisneros, Jr. House · CA | Buy | $1K-$15K |
| Mar 6, 2025 | Gilbert Ray Cisneros, Jr. House · CA | Sell | $1K-$15K |
House · TN · Jun 17, 2026
Sell$1K-$15K
House · CA · Oct 10, 2025
Buy$1K-$15K
House · CA · Sep 12, 2025
Sell$1K-$15K
House · CA · Aug 14, 2025
Buy$1K-$15K
House · CA · Mar 6, 2025
Sell$1K-$15K