Meritage Portfolio 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
2020 Q2	–	Sell	-47,000	Closed	-$1.67M	–	217
2020 Q1	$1.67M	Sell	47,000 -4,182	-8%	-$207K	0.23%	127
2019 Q4	$2.76M	Sell	51,182 -827	-2%	-$45.9K	0.24%	147
2019 Q3	$2.81M	Buy	52,009 +41,343	+388%	+$2.16M	0.27%	126
2019 Q2	$542K	Buy	+10,666	New	+$553K	0.06%	189
2018 Q1	–	Sell	-111,936	Closed	-$7.33M	–	211
2017 Q4	$7.33M	Sell	111,936 -2,238	-2%	-$132K	0.7%	34
2017 Q3	$6.39M	Sell	114,174 -38	-0%	-$2.13K	0.63%	54
2017 Q2	$7.1M	Sell	114,212 -1,677	-1%	-$97.6K	0.73%	28
2017 Q1	$6.23M	Buy	115,889 +2,168	+2%	+$117K	0.65%	45
2016 Q4	$5.67M	Sell	113,721 -4,411	-4%	-$198K	0.62%	62
2016 Q3	$4.59M	Sell	118,132 -4,142	-3%	-$157K	0.5%	104
2016 Q2	$4.79M	Sell	122,274 -47,000	-28%	-$2.01M	0.54%	85
2016 Q1	$7.58M	Sell	169,274 -2,500	-1%	-$102K	0.86%	26
2015 Q4	$7.4M	Sell	171,774 -1,325	-0.8%	-$58.7K	0.83%	22
2015 Q3	$6.58M	Buy	173,099 +57,659	+50%	+$2.13M	0.76%	28
2015 Q2	$3.82M	Buy	+115,440	New	+$4.51M	0.4%	149
2015 Q1	–	Sell	-175,025	Closed	-$7.41M	–	214
2014 Q4	$7.41M	Sell	175,025 -1,260	-0.7%	-$47K	0.79%	20
2014 Q3	$5.95M	Sell	176,285 -4,525	-3%	-$138K	0.68%	41
2014 Q2	$4.86M	Buy	180,810 +2,565	+1%	+$64.7K	0.53%	84
2014 Q1	$4.21M	Buy	+178,245	New	+$3.9M	0.5%	100