Perritt Capital Management’s Southwest Airlines LUV Stock Holding History

Perritt Capital Management’s Portfolio LUV Stock Details LUV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-16,610	Closed	-$530K	–	205
2025 Q3	$530K	Hold	16,610	–	–	0.25%	81
2025 Q2	$539K	Sell	16,610 -100	-0.6%	-$3.01K	0.28%	75
2025 Q1	$561K	Sell	16,710 -188	-1%	-$5.95K	0.31%	68
2024 Q4	$568K	Sell	16,898 -100	-0.6%	-$3.19K	0.3%	79
2024 Q3	$504K	Buy	16,998 +27	+0.2%	+$748	0.26%	94
2024 Q2	$486K	Sell	16,971 -59	-0.3%	-$1.65K	0.27%	91
2024 Q1	$497K	Sell	17,030 -80	-0.5%	-$2.48K	0.27%	88
2023 Q4	$494K	Hold	17,110	–	–	0.28%	87
2023 Q3	$463K	Sell	17,110 -100	-0.6%	-$3.26K	0.27%	94
2023 Q2	$623K	Sell	17,210 -100	-0.6%	-$3.14K	0.34%	75
2023 Q1	$563K	Sell	17,310 -500	-3%	-$17K	0.31%	74
2022 Q4	$600K	Sell	17,810 -290	-2%	-$10.5K	0.34%	74
2022 Q3	$558K	Sell	18,100 -1,200	-6%	-$45K	0.36%	76
2022 Q2	$697K	Hold	19,300	–	–	0.42%	61
2022 Q1	$884K	Hold	19,300	–	–	0.48%	50
2021 Q4	$827K	Hold	19,300	–	–	0.43%	65
2021 Q3	$993K	Hold	19,300	–	–	0.54%	39
2021 Q2	$1.02M	Buy	19,300 +900	+5%	+$53.9K	0.53%	41
2021 Q1	$1.12M	Hold	18,400	–	–	0.61%	38
2020 Q4	$858K	Sell	18,400 -300	-2%	-$13K	0.52%	45
2020 Q3	$701K	Hold	18,700	–	–	0.52%	46
2020 Q2	$639K	Sell	18,700 -200	-1%	-$6.36K	0.48%	58
2020 Q1	$673K	Sell	18,900 -1,211	-6%	-$60K	0.55%	45
2019 Q4	$1.09M	Sell	20,111 -40	-0.2%	-$2.22K	0.52%	57
2019 Q3	$1.09M	Hold	20,151	–	–	0.46%	64
2019 Q2	$1.02M	Hold	20,151	–	–	0.4%	78
2019 Q1	$1.05M	Sell	20,151 -300	-1%	-$15.8K	0.39%	78
2018 Q4	$951K	Hold	20,451	–	–	0.36%	83
2018 Q3	$1.28M	Hold	20,451	–	–	0.38%	78
2018 Q2	$1.04M	Hold	20,451	–	–	0.3%	94
2018 Q1	$1.07M	Hold	20,451	–	–	0.31%	94
2017 Q4	$1.34M	Hold	20,451	–	–	0.37%	89
2017 Q3	$1.15M	Hold	20,451	–	–	0.3%	104
2017 Q2	$1.27M	Hold	20,451	–	–	0.33%	96
2017 Q1	$1.1M	Hold	20,451	–	–	0.28%	98
2016 Q4	$1.02M	Sell	20,451 -975	-5%	-$43.7K	0.25%	96
2016 Q3	$833K	Sell	21,426 -675	-3%	-$25.7K	0.21%	107
2016 Q2	$867K	Sell	22,101 -545	-2%	-$23.3K	0.23%	111
2016 Q1	$1.01M	Hold	22,646	–	–	0.25%	106
2015 Q4	$975K	Hold	22,646	–	–	0.21%	114
2015 Q3	$861K	Hold	22,646	–	–	0.18%	124
2015 Q2	$749K	Hold	22,646	–	–	0.13%	147
2015 Q1	$1M	Sell	22,646 -625	-3%	-$27.3K	0.18%	133
2014 Q4	$985K	Hold	23,271	–	–	0.18%	126
2014 Q3	$786K	Sell	23,271 -925	-4%	-$28.2K	0.15%	145
2014 Q2	$650K	Hold	24,196	–	–	0.11%	195
2014 Q1	$571K	Hold	24,196	–	–	0.09%	220
2013 Q4	$456K	Hold	24,196	–	–	0.08%	219
2013 Q3	$352K	Hold	24,196	–	–	0.07%	215
2013 Q2	$312K	Buy	+24,196	New	+$330K	0.07%	204

Other funds holding LUV

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

EIM

Elliott Investment Management West Palm Beach, Florida $22.7B AUM 59.88% 1-Year Est. Return

Primecap Management Pasadena, California $169B AUM 114.72% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

Perritt Capital Management's LUV Position: Q4 2025 in Review

Perritt Capital Management sold out of Southwest Airlines (LUV) in Q4 2025, closing a stake of 16,610 shares — an estimated $530K sold.

Perritt Capital Management first reported a position in LUV in Q2 2013 and held it in 50 quarters. The position peaked at $1.34M in Q4 2017. 849 funds tracked by Wall St. Rank hold LUV as of Q4 2025.

Perritt Capital Management reported no remaining Southwest Airlines position as of Q4 2025 after selling out during the quarter.
Perritt Capital Management sold 16,610 Southwest Airlines shares in Q4 2025, an estimated $530K.
Perritt Capital Management first reported a position in Southwest Airlines in Q2 2013 and held it in 50 quarters.
Perritt Capital Management's Southwest Airlines position peaked at $1.34M in Q4 2017.
849 funds tracked by Wall St. Rank held Southwest Airlines as of Q4 2025.

Based on Perritt Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.