Systematic Financial 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
2016 Q3	–	Sell	-327,167	Closed	-$12.8M	–	620
2016 Q2	$12.8M	Sell	327,167 -67,670	-17%	-$2.9M	0.17%	143
2016 Q1	$17.7M	Sell	394,837 -13,824	-3%	-$563K	0.22%	112
2015 Q4	$17.6M	Sell	408,661 -13,200	-3%	-$585K	0.19%	105
2015 Q3	$16M	Sell	421,861 -45,903	-10%	-$1.69M	0.17%	122
2015 Q2	$15.5M	Buy	467,764 +88,913	+23%	+$3.48M	0.13%	175
2015 Q1	$16.8M	Sell	378,851 -90,767	-19%	-$3.97M	0.13%	163
2014 Q4	$19.9M	Sell	469,618 -76,414	-14%	-$2.85M	0.15%	149
2014 Q3	$18.4M	Sell	546,032 -1,930,782	-78%	-$59M	0.13%	163
2014 Q2	$66.5M	Sell	2,476,814 -1,060,242	-30%	-$26.7M	0.45%	71
2014 Q1	$83.5M	Buy	3,537,056 +2,773,111	+363%	+$60.7M	0.57%	54
2013 Q4	$14.4M	Buy	+763,945	New	+$13.3M	0.11%	203