Gruber & McBaine Capital Management’s Southwest Airlines LUV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-45,000	Closed	-$1.9M	–	202
2014 Q4	$1.9M	Hold	45,000	–	–	0.52%	66
2014 Q3	$1.52M	Hold	45,000	–	–	0.43%	86
2014 Q2	$1.21M	Sell	45,000 -30,000	-40%	-$806K	0.32%	111
2014 Q1	$1.77M	Buy	+75,000	New	+$1.77M	0.46%	71