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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, Q1 2026

Institutional positions in Southwest Airlines Co as of Mar 31, 2026. 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
872
+39 vs. Q4 2025
Shares held
435.3M
+19.5M (+4.7%) vs. Q4 2025
Total value
$16.4B
−$837.4M (−4.9%) vs. Q4 2025
New holders
145
285 more added
Sold out
106
280 more reduced

18 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 872 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 heldQ1 2026: $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, Q1 2026

Shares, value and share of portfolio for each institution holding Southwest Airlines Co; share changes are against Q4 2025.

Institutions holding LUV in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Primecap Management Co47,069,495$1.77B1.39%−322,600−0.7%Reduced
Franklin Resources Inc44,386,408$1.67B0.41%+4,185,878+10.4%Added
Vanguard Capital Management LLC31,644,632$1.19B0.03%+31,644,632New
Elliott Investment Management L.P.SuperinvestorElliott Investment Management30,346,000$1.14B7.16%−20,782,500−40.6%Reduced
State Street Corp29,519,791$1.11B0.04%−1,702,983−5.5%Reduced
BlackRock, Inc.28,573,281$1.07B0.02%−678,112−2.3%Reduced
Vanguard Portfolio Management LLC23,130,148$869.0M0.05%+23,130,148New
Price T Rowe Associates Inc13,894,699$522.0M0.06%−3,271,242−19.1%Reduced
Geode Capital Management, LLC12,975,720$486.7M0.03%+83,807+0.7%Added
Ameriprise Financial Inc9,984,432$375.1M0.09%+239,805+2.5%Added
FMR LLC9,763,660$366.8M0.02%+6,027,103+161.3%Added
Invesco Ltd.6,517,386$244.9M0.02%+697,723+12.0%Added
Bank of America Corp6,273,083$235.7M0.02%−662,816−9.6%Reduced
Dimensional Fund Advisors LP5,763,154$216.5M0.04%+117,833+2.1%Added
Morgan Stanley5,731,005$215.3M0.01%−497,470−8.0%Reduced
Par Capital Management Inc5,219,192$196.1M5.70%+269,000+5.4%Added
Qube Research & Technologies Ltd5,159,735$193.9M0.28%+5,159,735New
Arrowstreet Capital, Limited Partnership4,858,283$182.5M0.10%−2,932,884−37.6%Reduced
JPMorgan Chase & Co4,401,436$159.7M0.01%−1,629,862−27.0%Reduced
Bank of New York Mellon Corp3,924,407$147.4M0.03%+176,742+4.7%Added
Northern Trust Corp3,815,812$143.4M0.02%−105,295−2.7%Reduced
Goldman Sachs Group Inc3,518,630$132.2M0.02%−13,106,528−78.8%Reduced
Charles Schwab Investment Management Inc3,407,080$128.0M0.02%−87,709−2.5%Reduced
Voloridge Investment Management, LLC2,937,132$110.3M0.44%+2,767,546+1,631.9%Added
Massachusetts Financial Services Co2,920,605$109.7M0.04%−550,247−15.9%Reduced
Crake Asset Management LLP2,919,976$109.7M3.83%+1,563,815+115.3%Added
Federated Hermes, Inc.2,795,269$105.0M0.17%+1,771,539+173.0%Added
Jane Street Group, LLC2,784,768$104.6M0.11%+976,687+54.0%Added
Vanguard Fiduciary Trust Co2,769,264$104.0M0.03%+2,769,264New
Jacobs Levy Equity Management, Inc2,613,887$98.2M0.41%−55,109−2.1%Reduced
Barclays PLC2,563,302$96.3M0.03%−342,621−11.8%Reduced
UBS Group AG2,543,380$95.6M0.02%−4,921,689−65.9%Reduced
American Century Companies Inc2,115,353$79.5M0.04%−1,011,526−32.3%Reduced
Raymond James Financial Inc2,009,355$75.4M0.02%+454,305+29.2%Added
Sound Shore Management Inc2,001,977$75.2M2.52%−518,720−20.6%Reduced
Citadel Advisors LLC1,933,834$72.7M0.05%+107,991+5.9%Added
U S Global Investors Inc1,668,355$62.7M7.31%−438,970−20.8%Reduced
Millennium Management LLC1,544,748$58.0M0.04%+909,819+143.3%Added
Amundi1,461,344$54.9M0.01%+437,423+42.7%Added
Rhumbline Advisers1,274,165$47.9M0.04%−32,707−2.5%Reduced
Nuveen, LLC1,201,153$45.1M0.01%−7,448−0.6%Reduced
Royal Bank of Canada1,107,727$41.6M0.01%−854,577−43.5%Reduced
Vanguard Global Advisers, LLC1,081,846$40.6M0.02%+1,081,846New
SG Americas Securities, LLC1,062,063$39.9M0.04%−2,690,289−71.7%Reduced
Deutsche Bank AG1,041,843$39.1M0.01%+158,838+18.0%Added
Nordea Investment Management AB1,077,605$39.1M0.04%+308,402+40.1%Added
Balyasny Asset Management LLC1,023,625$38.5M0.08%+234,943+29.8%Added
Fort Washington Investment Advisors Inc969,797$36.4M0.20%−286,368−22.8%Reduced
HSBC Holdings PLC917,687$34.5M0.02%−21,711−2.3%Reduced
Cookson Peirce & Co Inc863,345$32.4M1.37%+863,345New
Legal & General Group Plc854,332$32.1M0.01%−2,061−0.2%Reduced
Trexquant Investment LP820,690$30.8M0.22%+496,853+153.4%Added
California Public Employees Retirement System785,399$29.5M0.02%−15,316−1.9%Reduced
LPL Financial LLC748,011$28.1M0.01%−6,296−0.8%Reduced
Bridgewater Associates, LP700,368$26.3M0.12%+629,817+892.7%Added
Citigroup Inc688,110$25.9M0.02%−220,695−24.3%Reduced
Russell Investments Group, Ltd.687,756$25.8M0.03%+203,843+42.1%Added
BNP Paribas Arbitrage, SA683,554$25.7M0.02%−428,152−38.5%Reduced
First Trust Advisors LP651,106$24.5M0.02%+146,559+29.0%Added
Envestnet Asset Management Inc640,578$24.1M0.01%+103,403+19.2%Added
Manufacturers Life Insurance Company, The618,678$23.2M0.02%−64,168−9.4%Reduced
Wells Fargo & Company616,027$23.1M0.00%+281,588+84.2%Added
AQR Capital Management LLC622,538$23.1M0.01%+350,441+128.8%Added
SEI Investments Co592,515$22.3M0.02%+303,922+105.3%Added
Kiltearn Partners LLP588,883$22.1M5.95%−124,400−17.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.584,284$22.0M0.01%+8,645+1.5%Added
NFJ Investment Group, LLC571,281$21.5M0.82%+420,845+279.8%Added
UBS Asset Management Americas Inc553,965$20.8M0.00%−14,582−2.6%Reduced
Alliancebernstein L.P.503,407$20.8M0.01%+24,256+5.1%Added
Principal Financial Group Inc547,600$20.6M0.01%−21,359−3.8%Reduced
WS Management LLLP546,511$20.5M2.69%−3,489−0.6%Reduced
Teewinot Capital Advisers, L.L.C.530,081$19.9M1.59%+530,081New
Marshall Wace, LLP509,456$19.1M0.02%+268,064+111.0%Added
Squarepoint Ops LLC506,981$19.0M0.04%+493,199+3,578.6%Added
Adage Capital Partners GP, L.L.C.483,377$18.2M0.03%+16,500+3.5%Added
Shelton Capital Management472,087$17.7M0.39%−439,168−48.2%Reduced
Engineers Gate Manager LP465,426$17.5M0.22%+454,960+4,347.0%Added
Assenagon Asset Management S.A.462,903$17.4M0.03%+462,903New
M&G Plc457,469$17.4M0.09%−47,743−9.5%Reduced
Gradient Investments LLC452,466$17.0M0.26%−50,870−10.1%Reduced
Susquehanna International Group, LLP441,701$16.6M0.02%−2,629,888−85.6%Reduced
Connor, Clark & Lunn Investment Management Ltd.439,168$16.5M0.04%+364,230+486.0%Added
Credit Agricole S A426,780$16.0M0.05%−29,232−6.4%Reduced
Calamos Advisors LLC415,532$15.6M0.06%+97,500+30.7%Added
Creative Planning408,404$15.3M0.01%+33,657+9.0%Added
New York State Teachers Retirement System405,815$15.2M0.03%+2,340+0.6%Added
Walleye Capital LLC402,623$15.1M0.09%+356,857+779.7%Added
Jones Financial Companies LLLP404,396$15.1M0.01%+37,101+10.1%Added
State Board of Administration of Florida Retirement System397,737$14.9M0.03%−38,303−8.8%Reduced
D. E. Shaw & Co., Inc.393,774$14.8M0.01%+393,774New
Centiva Capital, LP381,161$14.3M0.67%+381,161New
Y-Intercept (Hong Kong) Ltd372,178$14.0M0.27%+180,040+93.7%Added
National Bank of Canada337,198$12.7M0.01%−638,147−65.4%Reduced
Bank of Montreal337,077$12.7M0.01%−59,464−15.0%Reduced
Ceredex Value Advisors LLC308,053$11.6M0.36%+308,053New
STRS Ohio301,720$11.3M0.04%+262,283+665.1%Added
Gotham Asset Management, LLC298,946$11.2M0.03%+118,330+65.5%Added
Thomist Capital Management, LP288,001$10.8M3.70%+185,141+180.0%Added
Canada Pension Plan Investment Board275,373$10.3M0.01%−50,631−15.5%Reduced
Advisor Group Holdings, Inc.251,039$9.43M0.01%+24,682+10.9%Added