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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; 933 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, Q4 2025

Institutional positions in Southwest Airlines Co as of Dec 31, 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
851
+103 vs. Q3 2025
Shares held
484.7M
−27.9M (−5.4%) vs. Q3 2025
Total value
$20.0B
+$3.68B (+22.5%) vs. Q3 2025
New holders
175
226 more added
Sold out
72
289 more reduced

17 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 851 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: 933 institutions
Value heldQ4 2025: $20.0B
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 2026933$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, Q4 2025

Shares, value and share of portfolio for each institution holding Southwest Airlines Co; share changes are against Q3 2025.

Institutions holding LUV in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Citigroup Inc908,805$37.6M0.03%−1,561,778−63.2%Reduced
Shelton Capital Management911,255$37.7M0.74%+462,763+103.2%Added
HSBC Holdings PLC939,398$38.9M0.02%+180,719+23.8%Added
National Bank of Canada975,345$40.3M0.04%−49,969−4.9%Reduced
Federated Hermes, Inc.1,023,730$42.3M0.07%+741,839+263.2%Added
Amundi1,023,921$42.3M0.01%−158,995−13.4%Reduced
BNP Paribas Arbitrage, SA1,111,706$45.9M0.03%+20,231+1.9%Added
Nuveen, LLC1,208,601$50.0M0.01%−24,563−2.0%Reduced
Fort Washington Investment Advisors Inc1,256,165$51.9M0.28%+12,894+1.0%Added
Rhumbline Advisers1,306,872$54.0M0.04%−56,203−4.1%Reduced
Mizuho Markets Americas LLC1,338,500$55.3M1.19%+1,338,500New
Crake Asset Management LLP1,356,161$56.1M2.20%−1,866,885−57.9%Reduced
Thrivent Financial for Lutherans1,524,323$63.0M0.11%−737,661−32.6%Reduced
Raymond James Financial Inc1,555,050$64.3M0.02%+145,975+10.4%Added
Jane Street Group, LLC1,808,081$74.7M0.09%+1,791,175+10,594.9%Added
Citadel Advisors LLC1,825,843$75.5M0.05%+650,717+55.4%Added
Royal Bank of Canada1,962,304$81.1M0.01%−213,666−9.8%Reduced
U S Global Investors Inc2,107,325$87.1M9.33%−555,956−20.9%Reduced
Sound Shore Management Inc2,520,697$104.2M3.32%−16,940−0.7%Reduced
Jacobs Levy Equity Management, Inc2,668,996$110.3M0.43%−956,758−26.4%Reduced
Nearwater Capital Markets, Ltd2,800,000$115.7M1.98%+1,200,000+75.0%Added
Barclays PLC2,905,923$120.1M0.05%+601,892+26.1%Added
Susquehanna International Group, LLP3,071,589$126.9M0.17%+2,788,434+984.8%Added
American Century Companies Inc3,126,879$129.2M0.06%−1,298,460−29.3%Reduced
Capitolis Liquid Global Markets LLC3,443,500$142.3M0.85%+1,169,150+51.4%Added
Massachusetts Financial Services Co3,470,852$143.5M0.05%+3,470,852New
Charles Schwab Investment Management Inc3,494,789$144.4M0.02%+69,543+2.0%Added
FMR LLC3,736,557$154.4M0.01%+73,490+2.0%Added
Bank of New York Mellon Corp3,747,665$154.9M0.03%+1,086,101+40.8%Added
SG Americas Securities, LLC3,752,352$155.1M0.20%+3,606,255+2,468.4%Added
Northern Trust Corp3,921,107$162.1M0.02%−106,364−2.6%Reduced
Nomura Holdings Inc3,930,511$162.4M0.46%+68,475+1.8%Added
Norges Bank4,162,540$172.0M0.02%+4,162,540New
Par Capital Management Inc4,950,192$204.6M5.43%00.0%Unchanged
Dimensional Fund Advisors LP5,645,321$233.3M0.05%−163,673−2.8%Reduced
Invesco Ltd.5,819,663$240.5M0.02%−1,017,534−14.9%Reduced
JPMorgan Chase & Co6,031,298$249.3M0.02%−6,186,788−50.6%Reduced
Morgan Stanley6,228,475$257.4M0.02%+244,891+4.1%Added
Bank of America Corp6,935,899$286.7M0.02%+596,914+9.4%Added
UBS Group AG7,465,069$308.5M0.06%−20,816,964−73.6%Reduced
Arrowstreet Capital, Limited Partnership7,791,167$322.0M0.19%−1,072,705−12.1%Reduced
Ameriprise Financial Inc9,744,627$402.8M0.09%−2,590,540−21.0%Reduced
Geode Capital Management, LLC12,891,913$531.9M0.03%−142,985−1.1%Reduced
Goldman Sachs Group Inc16,625,158$687.1M0.10%+7,727,918+86.9%Added
Price T Rowe Associates Inc17,165,941$709.5M0.08%−1,410,222−7.6%Reduced
BlackRock, Inc.29,251,393$1.21B0.02%+657,104+2.3%Added
State Street Corp31,222,774$1.30B0.04%−1,339,943−4.1%Reduced
Franklin Resources Inc40,200,530$1.66B0.41%+2,712,964+7.2%Added
Primecap Management Co47,392,095$1.96B1.48%−604,018−1.3%Reduced
Elliott Investment Management L.P.SuperinvestorElliott Investment Management51,128,500$2.11B14.48%00.0%Unchanged
Vanguard Group Inc60,577,139$2.50B0.04%−463,696−0.8%Reduced
Erste Asset Management GmbH0$00.00%−10,114−100.0%Sold out
Artisan Partners Limited Partnership0$00.00%−10,748,649−100.0%Sold out
Interval Partners, LP0$00.00%−4,017,235−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−2,315,028−100.0%Sold out
Alps Advisors Inc0$00.00%−774,928−100.0%Sold out
Woodline Partners LP0$00.00%−513,223−100.0%Sold out
Clearbridge Investments, LLC0$00.00%−398,801−100.0%Sold out
Towle & Co0$00.00%−331,752−100.0%Sold out
Atom Investors LP0$00.00%−276,239−100.0%Sold out
Ossiam0$00.00%−213,099−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−136,687−100.0%Sold out
Empowered Funds, LLC0$00.00%−84,403−100.0%Sold out
SummitTX Capital, L.P.0$00.00%−66,717−100.0%Sold out
Hussman Strategic Advisors, Inc.0$00.00%−63,000−100.0%Sold out
Stance Capital LLC0$00.00%−62,511−100.0%Sold out
Mirae Asset Securities (USA) Inc.0$00.00%−50,126−100.0%Sold out
Farringdon Capital, Ltd.0$00.00%−41,497−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−36,480−100.0%Sold out
Jump Financial, LLC0$00.00%−34,776−100.0%Sold out
Shellback Capital, LP0$00.00%−25,000−100.0%Sold out
Hudson Bay Capital Management LP0$00.00%−23,736−100.0%Sold out
Summit Wealth Group LLC0$00.00%−20,723−100.0%Sold out
Versor Investments LP0$00.00%−20,400−100.0%Sold out
Perritt Capital Management Inc0$00.00%−16,610−100.0%Sold out
Contravisory Investment Management, Inc.0$00.00%−16,262−100.0%Sold out
Berkshire Asset Management LLC0$00.00%−16,143−100.0%Sold out
NJ State Employees Deferred Compensation Plan0$00.00%−15,000−100.0%Sold out
LMR Partners LLP0$00.00%−14,996−100.0%Sold out
Act Wealth Management, LLC0$00.00%−13,640−100.0%Sold out
ASR Vermogensbeheer N.V.0$00.00%−12,235−100.0%Sold out
Armistice Capital, LLC0$00.00%−10,302−100.0%Sold out
Requisite Capital Management, LLC0$00.00%−9,691−100.0%Sold out
Kovitz Investment Group Partners, LLC0$00.00%−9,378−100.0%Sold out
Lauterbach Financial Advisors, LLC0$00.00%−8,038−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−7,725−100.0%Sold out
SGL Investment Advisors, Inc.0$00.00%−7,644−100.0%Sold out
A4 Wealth Advisors LLC0$00.00%−6,965−100.0%Sold out
Mitsubishi UFJ Trust & Banking Corp0$00.00%−6,542−100.0%Sold out
Arista Wealth Management, LLC0$00.00%−6,414−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−5,171−100.0%Sold out
Crowley Wealth Management, Inc.0$00.00%−3,784−100.0%Sold out
Mather Group, LLC.0$00.00%−3,454−100.0%Sold out
Keener Financial Planning LLC0$00.00%−1,400−100.0%Sold out
North Capital, Inc.0$00.00%−670−100.0%Sold out
GoalVest Advisory LLC0$00.00%−656−100.0%Sold out
Evergreen Private Wealth LLC0$00.00%−508−100.0%Sold out
Crews Bank & Trust0$00.00%−500−100.0%Sold out
Rise Advisors, LLC0$00.00%−426−100.0%Sold out
Financial Life Planners0$00.00%−310−100.0%Sold out