State of New Jersey Common Pension Fund A’s Southwest Airlines LUV Stock Holding History

State of New Jersey Common Pension Fund A’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
2014 Q1	$40.1M	Sell	1,700,000 -1,700,000	-50%	-$37.2M	0.19%	145
2013 Q4	$64.1M	Sell	3,400,000 -200,000	-6%	-$3.49M	0.3%	82
2013 Q3	$52.4M	Buy	3,600,000 +200,000	+6%	+$2.72M	0.25%	100
2013 Q2	$43.8M	Buy	+3,400,000	New	+$46.3M	0.21%	133

Other funds holding LUV

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Greenhaven Associates Purchase, New York $8.66B AUM 17.37% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.14% 1-Year Est. Return

State of New Jersey Common Pension Fund A's LUV Position: Q1 2014 in Review

State of New Jersey Common Pension Fund A reduced its Southwest Airlines (LUV) stake by 50% in Q1 2014, selling an estimated $37.2M and leaving 1,700,000 shares worth $40.1M. The position accounts for 0.19% of the portfolio, ranked #145.

State of New Jersey Common Pension Fund A first reported a position in LUV in Q2 2013 and has held it in 4 quarters since. The position peaked at $64.1M in Q4 2013. 514 funds tracked by Wall St. Rank hold LUV as of Q1 2014.

State of New Jersey Common Pension Fund A held 1,700,000 shares of Southwest Airlines worth $40.1M as of Q1 2014.
State of New Jersey Common Pension Fund A sold 1,700,000 Southwest Airlines shares in Q1 2014, an estimated $37.2M.
Southwest Airlines made up 0.19% of State of New Jersey Common Pension Fund A's portfolio in Q1 2014, its #145 holding.
State of New Jersey Common Pension Fund A first reported a position in Southwest Airlines in Q2 2013 and has held it in 4 quarters since.
State of New Jersey Common Pension Fund A's Southwest Airlines position peaked at $64.1M in Q4 2013.
514 funds tracked by Wall St. Rank held Southwest Airlines as of Q1 2014.

Based on State of New Jersey Common Pension Fund A's 13F filing for Q1 2014, filed 5 May 2014.