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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; 932 institutions reported holding it in 13F filings for Q2 2026, worth $23.4B in total; Elliott Investment Management is the only superinvestor holding it.

13F holders, Q2 2025

Institutional positions in Southwest Airlines Co as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
794
−13 vs. Q1 2025
Shares held
501.4M
−27.9M (−5.3%) vs. Q1 2025
Total value
$16.3B
−$1.50B (−8.5%) vs. Q1 2025
New holders
114
240 more added
Sold out
127
300 more reduced

8 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LUV on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 794 institutions
Q1 2021: 1,073 institutionsQ2 2021: 1,033 institutionsQ3 2021: 1,031 institutionsQ4 2021: 997 institutionsQ1 2022: 1,013 institutionsQ2 2022: 949 institutionsQ3 2022: 885 institutionsQ4 2022: 923 institutionsQ1 2023: 856 institutionsQ2 2023: 858 institutionsQ3 2023: 769 institutionsQ4 2023: 792 institutionsQ1 2024: 789 institutionsQ2 2024: 765 institutionsQ3 2024: 799 institutionsQ4 2024: 835 institutionsQ1 2025: 815 institutionsQ2 2025: 794 institutionsQ3 2025: 765 institutionsQ4 2025: 851 institutionsQ1 2026: 872 institutionsQ2 2026: 932 institutions
Value heldQ2 2025: $16.3B
Q1 2021: $28.3BQ2 2021: $24.3BQ3 2021: $23.6BQ4 2021: $19.5BQ1 2022: $20.8BQ2 2022: $16.4BQ3 2022: $13.8BQ4 2022: $15.1BQ1 2023: $14.7BQ2 2023: $16.9BQ3 2023: $12.9BQ4 2023: $13.8BQ1 2024: $14.0BQ2 2024: $15.4BQ3 2024: $16.1BQ4 2024: $18.5BQ1 2025: $17.8BQ2 2025: $16.3BQ3 2025: $16.4BQ4 2025: $20.0BQ1 2026: $16.4BQ2 2026: $23.4B
Institutions holding LUV and their total value by quarter
QuarterHoldersValue
Q2 2026932$23.4B
Q1 2026872$16.4B
Q4 2025851$20.0B
Q3 2025765$16.4B
Q2 2025794$16.3B
Q1 2025815$17.8B
Q4 2024835$18.5B
Q3 2024799$16.1B
Q2 2024765$15.4B
Q1 2024789$14.0B
Q4 2023792$13.8B
Q3 2023769$12.9B
Q2 2023858$16.9B
Q1 2023856$14.7B
Q4 2022923$15.1B
Q3 2022885$13.8B
Q2 2022949$16.4B
Q1 20221,013$20.8B
Q4 2021997$19.5B
Q3 20211,031$23.6B
Q2 20211,033$24.3B
Q1 20211,073$28.3B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Southwest Airlines Co; share changes are against Q1 2025.

Institutions holding LUV in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc66,162,033$2.15B0.03%−1,983,333−2.9%Reduced
Elliott Investment Management L.P.SuperinvestorElliott Investment Management53,978,500$1.75B14.41%00.0%Unchanged
Primecap Management Co48,844,143$1.58B1.26%−844,165−1.7%Reduced
Franklin Resources Inc35,324,632$1.15B0.30%+940,704+2.7%Added
State Street Corp34,467,254$1.12B0.04%−2,328,382−6.3%Reduced
BlackRock, Inc.31,224,888$1.01B0.02%−3,901,899−11.1%Reduced
Price T Rowe Associates Inc19,171,719$621.9M0.07%−3,681,605−16.1%Reduced
Geode Capital Management, LLC13,961,084$452.0M0.03%−547,898−3.8%Reduced
JPMorgan Chase & Co10,958,851$355.5M0.02%+3,226,231+41.7%Added
Artisan Partners Limited Partnership10,763,935$349.2M0.52%+98,290+0.9%Added
UBS Group AG10,303,749$334.3M0.07%−11,353,191−52.4%Reduced
Arrowstreet Capital, Limited Partnership10,120,368$328.3M0.23%+9,716,160+2,403.8%Added
Ameriprise Financial Inc8,581,984$278.4M0.07%−1,377,131−13.8%Reduced
Capital World Investors8,468,269$274.7M0.04%+10,600+0.1%Added
Invesco Ltd.6,259,871$203.1M0.03%−642,374−9.3%Reduced
FMR LLC6,063,098$196.7M0.01%−2,029,895−25.1%Reduced
Bank of America Corp6,015,562$195.1M0.02%+152,744+2.6%Added
Par Capital Management Inc5,917,492$192.0M6.28%+1,0000.0%Added
Morgan Stanley5,880,105$190.8M0.01%−4,080,749−41.0%Reduced
Dimensional Fund Advisors LP5,819,425$188.8M0.04%−234,759−3.9%Reduced
American Century Companies Inc4,398,731$142.7M0.08%+377,067+9.4%Added
Northern Trust Corp4,357,645$141.4M0.02%−526,647−10.8%Reduced
Capitolis Liquid Global Markets LLC3,824,350$124.1M0.91%+3,225,000+538.1%Added
Charles Schwab Investment Management Inc3,564,594$115.6M0.02%−38,345−1.1%Reduced
Jacobs Levy Equity Management, Inc3,524,518$114.3M0.45%+818,288+30.2%Added
Goldman Sachs Group Inc3,406,919$110.5M0.02%−273,814−7.4%Reduced
Nomura Holdings Inc3,231,265$104.8M0.84%+2,133,675+194.4%Added
Royal Bank of Canada2,900,312$94.1M0.02%+1,765,221+155.5%Added
Sound Shore Management Inc2,853,951$92.6M3.16%−3,357−0.1%Reduced
Bank of New York Mellon Corp2,664,916$86.4M0.02%−126,676−4.5%Reduced
U S Global Investors Inc2,657,069$86.2M10.15%−7,441−0.3%Reduced
Thrivent Financial for Lutherans2,353,096$76.3M0.17%−269,562−10.3%Reduced
CIBC World Markets Corp2,147,978$69.7M0.46%+2,096,637+4,083.7%Added
Barclays PLC1,964,365$63.7M0.03%−247,737−11.2%Reduced
CIBC World Markets Inc.1,701,911$55.2M0.12%+1,701,911New
Citigroup Inc1,467,670$47.6M0.03%+580,117+65.4%Added
Nuveen, LLC1,421,210$46.1M0.01%−80,652−5.4%Reduced
Rhumbline Advisers1,406,652$45.6M0.04%+325,030+30.1%Added
Millennium Management LLC1,297,577$42.1M0.04%+500,078+62.7%Added
Norges Bank1,284,308$41.7M0.01%+268,522+26.4%Added
Fort Washington Investment Advisors Inc1,258,993$40.8M0.24%+18,270+1.5%Added
Canada Pension Plan Investment Board1,247,837$40.5M0.03%+947,346+315.3%Added
Raymond James Financial Inc1,241,987$40.3M0.01%−36,125−2.8%Reduced
Nearwater Capital Markets, Ltd1,200,000$38.9M0.62%+800,000+200.0%Added
Deutsche Bank AG1,091,937$35.4M0.01%−58,513−5.1%Reduced
Crake Asset Management LLP1,040,000$33.7M1.78%+1,040,000New
Oldfield Partners LLP1,011,000$32.8M11.27%+4,200+0.4%Added
Jane Street Group, LLC977,508$31.7M0.05%+977,508New
Kiltearn Partners LLP892,083$28.9M5.82%−73,300−7.6%Reduced
Legal & General Group Plc891,106$28.9M0.01%−361,892−28.9%Reduced
California Public Employees Retirement System860,303$27.9M0.02%−75,528−8.1%Reduced
ING Groep NV817,034$26.5M0.16%+817,034New
HSBC Holdings PLC794,022$25.7M0.02%−281,585−26.2%Reduced
National Bank of Canada755,818$24.5M0.03%+386,177+104.5%Added
Mizuho Markets Americas LLC750,000$24.3M0.80%+750,000New
LPL Financial LLC744,204$24.1M0.01%−34,338−4.4%Reduced
Alps Advisors Inc740,518$24.0M0.14%−20,809−2.7%Reduced
Mackenzie Financial Corp734,265$23.8M0.03%−4,816−0.7%Reduced
Russell Investments Group, Ltd.727,090$23.6M0.03%+270,589+59.3%Added
Manufacturers Life Insurance Company, The706,261$22.9M0.02%+58,449+9.0%Added
Wells Fargo & Company689,463$22.4M0.00%+105,346+18.0%Added
Macquarie Group Ltd678,426$22.0M0.03%+628,785+1,266.7%Added
Principal Financial Group Inc619,475$20.1M0.01%−48,256−7.2%Reduced
UBS Asset Management Americas Inc608,049$19.7M0.00%−670,486−52.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.584,668$19.0M0.02%−198,557−25.4%Reduced
Alliancebernstein L.P.580,702$18.8M0.01%−52,197−8.2%Reduced
Amundi546,655$18.6M0.01%+164,823+43.2%Added
State Board of Administration of Florida Retirement System556,019$18.0M0.03%−41,549−7.0%Reduced
Gradient Investments LLC548,423$17.8M0.33%+23,381+4.5%Added
Jones Financial Companies LLLP531,805$17.2M0.01%−138,293−20.6%Reduced
Adage Capital Partners GP, L.L.C.521,977$16.9M0.03%−18,900−3.5%Reduced
WS Management LLLP500,000$16.2M2.83%−136,640−21.5%Reduced
Susquehanna International Group, LLP497,209$16.1M0.02%+115,811+30.4%Added
Envestnet Asset Management Inc450,223$14.6M0.00%+40,570+9.9%Added
Creative Planning442,521$14.4M0.01%−64,141−12.7%Reduced
M&G Plc424,717$13.6M0.07%−20,216−4.5%Reduced
New York State Teachers Retirement System416,778$13.5M0.03%+719+0.2%Added
PEAK6 LLC415,366$13.5M0.46%+308,104+287.2%Added
Towle & Co399,480$13.0M3.05%−119,914−23.1%Reduced
Shelton Capital Management385,448$12.5M0.29%+122,772+46.7%Added
SEI Investments Co373,702$12.1M0.01%−363,265−49.3%Reduced
ArrowMark Colorado Holdings LLC372,700$12.1M0.22%−140,500−27.4%Reduced
Brandywine Global Investment Management, LLC371,414$12.0M0.08%+13,602+3.8%Added
Bank of Montreal338,408$11.0M0.01%−80,723−19.3%Reduced
BNP Paribas Arbitrage, SA335,436$10.9M0.01%−677,264−66.9%Reduced
Prudential Financial Inc334,294$10.8M0.01%+6,272+1.9%Added
Calamos Advisors LLC330,947$10.7M0.05%00.0%Unchanged
Clearbridge Investments, LLC330,139$10.7M0.01%+53,291+19.2%Added
First Trust Advisors LP307,602$9.98M0.01%+98,986+47.4%Added
Chevy Chase Trust Holdings, Inc.304,700$9.88M0.03%−9,573−3.0%Reduced
Kettle Hill Capital Management, LLC299,318$9.71M2.25%−68,238−18.6%Reduced
South Dakota Investment Council280,057$9.09M0.17%00.0%Unchanged
TCW Group Inc271,777$8.82M0.07%−4,839−1.7%Reduced
Treasurer of the State of North Carolina238,800$7.75M0.02%−34,596−12.7%Reduced
Gotham Asset Management, LLC219,117$7.11M0.04%+185,307+548.1%Added
Victory Capital Management Inc212,677$6.90M0.00%−11,409−5.1%Reduced
Y-Intercept (Hong Kong) Ltd212,119$6.88M0.17%+125,865+145.9%Added
State of Tennessee, Treasury Department210,503$6.83M0.02%−39,567−15.8%Reduced
Advisor Group Holdings, Inc.208,192$6.76M0.01%+11,890+6.1%Added
New York State Common Retirement Fund203,881$6.61M0.01%−31,500−13.4%Reduced