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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, Q3 2025

Institutional positions in Southwest Airlines Co as of Sep 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
765
−16 vs. Q2 2025
Shares held
515.0M
+17.3M (+3.5%) vs. Q2 2025
Total value
$16.4B
+$282.4M (+1.7%) vs. Q2 2025
New holders
82
249 more added
Sold out
98
272 more reduced

13 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 765 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 heldQ3 2025: $16.4B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Southwest Airlines Co; share changes are against Q2 2025.

Institutions holding LUV in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc61,040,835$1.95B0.03%−5,121,198−7.7%Reduced
Elliott Investment Management L.P.SuperinvestorElliott Investment Management51,128,500$1.63B11.91%−2,850,000−5.3%Reduced
Primecap Management Co47,996,113$1.53B1.17%−848,030−1.7%Reduced
Franklin Resources Inc37,487,566$1.20B0.30%+2,162,934+6.1%Added
State Street Corp32,562,717$1.04B0.04%−1,904,537−5.5%Reduced
BlackRock, Inc.28,594,289$912.4M0.02%−2,630,599−8.4%Reduced
UBS Group AG28,282,033$902.5M0.18%+17,978,284+174.5%Added
Price T Rowe Associates Inc18,576,163$592.8M0.06%−595,556−3.1%Reduced
Geode Capital Management, LLC13,034,898$415.2M0.03%−926,186−6.6%Reduced
Ameriprise Financial Inc12,335,167$393.6M0.09%+3,753,183+43.7%Added
JPMorgan Chase & Co12,218,086$389.9M0.02%+1,259,235+11.5%Added
Artisan Partners Limited Partnership10,748,649$343.0M0.49%−15,286−0.1%Reduced
Goldman Sachs Group Inc8,897,240$283.9M0.04%+5,490,321+161.2%Added
Arrowstreet Capital, Limited Partnership8,863,872$282.8M0.18%−1,256,496−12.4%Reduced
Invesco Ltd.6,837,197$218.2M0.03%+577,326+9.2%Added
Bank of America Corp6,338,985$202.3M0.02%+323,423+5.4%Added
Morgan Stanley5,983,584$190.9M0.01%+103,479+1.8%Added
Dimensional Fund Advisors LP5,808,994$185.4M0.04%−10,431−0.2%Reduced
Par Capital Management Inc4,950,192$158.0M4.66%−967,300−16.3%Reduced
American Century Companies Inc4,425,339$141.2M0.07%+26,608+0.6%Added
Northern Trust Corp4,027,471$128.5M0.02%−330,174−7.6%Reduced
Interval Partners, LP4,017,235$128.2M2.74%+4,017,235New
Nomura Holdings Inc3,862,036$123.2M0.56%+630,771+19.5%Added
FMR LLC3,663,067$116.9M0.01%−2,400,031−39.6%Reduced
Jacobs Levy Equity Management, Inc3,625,754$115.7M0.46%+101,236+2.9%Added
Charles Schwab Investment Management Inc3,425,246$109.3M0.02%−139,348−3.9%Reduced
Crake Asset Management LLP3,223,046$102.8M4.67%+2,183,046+209.9%Added
Millennium Management LLC2,665,586$85.1M0.07%+1,368,009+105.4%Added
U S Global Investors Inc2,663,281$85.0M9.63%+6,212+0.2%Added
Bank of New York Mellon Corp2,661,564$84.9M0.02%−3,352−0.1%Reduced
Sound Shore Management Inc2,537,637$81.0M2.68%−316,314−11.1%Reduced
Citigroup Inc2,470,583$78.8M0.05%+1,002,913+68.3%Added
Schonfeld Strategic Advisors LLC2,315,028$73.9M0.52%+2,295,328+11,651.4%Added
Barclays PLC2,304,031$73.5M0.03%+339,666+17.3%Added
Capitolis Liquid Global Markets LLC2,274,350$72.6M0.58%−1,550,000−40.5%Reduced
Thrivent Financial for Lutherans2,261,984$72.2M0.14%−91,112−3.9%Reduced
Royal Bank of Canada2,175,970$69.4M0.01%−724,342−25.0%Reduced
CIBC Bancorp USA Inc.1,953,627$62.3M0.38%+1,953,627New
CIBC World Markets Inc.1,916,003$61.1M0.13%+214,092+12.6%Added
Nearwater Capital Markets, Ltd1,600,000$51.1M0.68%+400,000+33.3%Added
Macquarie Group Ltd1,422,290$45.4M0.05%+743,864+109.6%Added
Raymond James Financial Inc1,409,075$45.0M0.01%+167,088+13.5%Added
Rhumbline Advisers1,363,075$43.5M0.03%−43,577−3.1%Reduced
Fort Washington Investment Advisors Inc1,243,271$39.7M0.21%−15,722−1.2%Reduced
Nuveen, LLC1,233,164$39.4M0.01%−188,046−13.2%Reduced
Natixis1,209,247$38.6M0.21%+1,183,242+4,550.1%Added
Amundi1,182,916$38.5M0.01%+636,261+116.4%Added
Citadel Advisors LLC1,175,126$37.5M0.03%+1,175,126New
Deutsche Bank AG1,096,709$35.0M0.01%+4,772+0.4%Added
BNP Paribas Arbitrage, SA1,091,475$34.8M0.03%+756,039+225.4%Added
National Bank of Canada1,025,314$32.7M0.04%+269,496+35.7%Added
Legal & General Group Plc910,481$29.1M0.01%+19,375+2.2%Added
Oldfield Partners LLP863,300$27.5M8.60%−147,700−14.6%Reduced
Russell Investments Group, Ltd.856,010$27.3M0.03%+128,920+17.7%Added
Kiltearn Partners LLP855,383$27.3M5.47%−36,700−4.1%Reduced
California Public Employees Retirement System814,951$26.0M0.02%−45,352−5.3%Reduced
Alps Advisors Inc774,928$24.7M0.14%+34,410+4.6%Added
HSBC Holdings PLC758,679$24.1M0.01%−35,343−4.5%Reduced
Mackenzie Financial Corp736,246$23.5M0.03%+1,981+0.3%Added
LPL Financial LLC734,728$23.4M0.01%−9,476−1.3%Reduced
Manufacturers Life Insurance Company, The727,979$23.2M0.02%+21,718+3.1%Added
Gradient Investments LLC578,088$18.4M0.31%+29,665+5.4%Added
Principal Financial Group Inc563,484$18.0M0.01%−55,991−9.0%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.544,511$17.4M0.01%−40,157−6.9%Reduced
Kettle Hill Capital Management, LLC544,464$17.4M3.91%+245,146+81.9%Added
UBS Asset Management Americas Inc539,595$17.2M0.00%−68,454−11.3%Reduced
Alliancebernstein L.P.530,844$16.9M0.01%−49,858−8.6%Reduced
Envestnet Asset Management Inc522,888$16.7M0.00%+72,665+16.1%Added
Woodline Partners LP513,223$16.4M0.08%+513,223New
WS Management LLLP500,000$16.0M2.45%00.0%Unchanged
State Board of Administration of Florida Retirement System483,878$15.4M0.03%−72,141−13.0%Reduced
Adage Capital Partners GP, L.L.C.478,077$15.3M0.02%−43,900−8.4%Reduced
M&G Plc455,884$14.6M0.08%+31,167+7.3%Added
Shelton Capital Management448,492$14.3M0.31%+63,044+16.4%Added
SEI Investments Co437,474$14.0M0.02%+63,772+17.1%Added
Jones Financial Companies LLLP432,049$14.0M0.01%−99,756−18.8%Reduced
Creative Planning419,772$13.4M0.01%−22,749−5.1%Reduced
New York State Teachers Retirement System406,916$13.0M0.03%−9,862−2.4%Reduced
Clearbridge Investments, LLC398,801$12.7M0.01%+68,662+20.8%Added
First Trust Advisors LP397,200$12.7M0.01%+89,598+29.1%Added
Brandywine Global Investment Management, LLC371,358$11.9M0.08%−560.0%Reduced
ArrowMark Colorado Holdings LLC371,100$11.8M0.22%−1,600−0.4%Reduced
Wells Fargo & Company364,258$11.6M0.00%−325,205−47.2%Reduced
Canada Pension Plan Investment Board362,704$11.6M0.01%−885,133−70.9%Reduced
Bank of Montreal354,998$11.3M0.00%+16,590+4.9%Added
Silver Point Capital L.P.350,000$11.2M0.58%+350,000New
Towle & Co331,752$10.6M2.67%−67,728−17.0%Reduced
Calamos Advisors LLC330,947$10.6M0.04%00.0%Unchanged
PEAK6 LLC318,318$10.2M0.25%−97,048−23.4%Reduced
Capital Fund Management S.A.309,725$9.88M0.10%+294,453+1,928.1%Added
Prudential Financial Inc290,169$9.26M0.01%−44,125−13.2%Reduced
Susquehanna International Group, LLP283,155$9.04M0.01%−214,054−43.1%Reduced
Federated Hermes, Inc.281,891$9.00M0.02%+279,411+11,266.6%Added
Atom Investors LP276,239$8.81M0.67%+276,239New
Chevy Chase Trust Holdings, Inc.271,729$8.67M0.02%−32,971−10.8%Reduced
Oppenheimer Asset Management Inc.260,831$8.32M0.09%+101,403+63.6%Added
AQR Capital Management LLC242,235$7.73M0.00%+122,309+102.0%Added
State of Tennessee, Treasury Department224,198$7.15M0.02%+13,695+6.5%Added
Quinn Opportunity Partners LLC223,545$7.13M0.52%+71,545+47.1%Added
Advisor Group Holdings, Inc.217,605$7.02M0.01%+9,413+4.5%Added