Martingale Asset Management’s Southwest Airlines LUV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-11,642	Closed	-$629K	–	999
2019 Q3	$629K	Buy	+11,642	New	+$609K	0.01%	843
2017 Q1	–	Sell	-4,601	Closed	-$230K	–	962
2016 Q4	$230K	Buy	+4,601	New	+$206K	﹤0.01%	921
2016 Q3	–	Sell	-13,715	Closed	-$538K	–	974
2016 Q2	$538K	Buy	13,715 +9,098	+197%	+$389K	0.01%	659
2016 Q1	$207K	Sell	4,617 -512	-10%	-$20.8K	﹤0.01%	778
2015 Q4	$221K	Buy	+5,129	New	+$227K	﹤0.01%	786
2015 Q3	–	Sell	-102,583	Closed	-$3.4M	–	860
2015 Q2	$3.4M	Sell	102,583 -192,912	-65%	-$7.54M	0.08%	250
2015 Q1	$13.1M	Buy	295,495 +17,741	+6%	+$775K	0.31%	99
2014 Q4	$11.8M	Sell	277,754 -2,357	-0.8%	-$88K	0.33%	86
2014 Q3	$9.46M	Sell	280,111 -262,404	-48%	-$8.01M	0.29%	100
2014 Q2	$14.6M	Buy	542,515 +196,917	+57%	+$4.96M	0.46%	41
2014 Q1	$8.16M	Buy	345,598 +19,487	+6%	+$426K	0.28%	108
2013 Q4	$6.14M	Buy	326,111 +80,068	+33%	+$1.4M	0.21%	140
2013 Q3	$3.58M	Buy	246,043 +12,040	+5%	+$164K	0.13%	196
2013 Q2	$3.02M	Buy	+234,003	New	+$3.19M	0.11%	211