Southwest Airlines
LUV
766 hedge funds and large institutions have $12.9B invested in Southwest Airlines in 2023 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 235 increasing their positions, 316 reducing their positions, and 155 closing their positions.
1.75% more ownership
Funds ownership: 78.51% → 80.25% (+1.7%)
10% less funds holding
Funds holding: 854 → 766 (-88)
17% less call options, than puts
Call options by funds: $330M | Put options by funds: $396M
23% less capital invested
Capital invested by funds: $16.9B → $12.9B (-$3.95B)
26% less repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 316
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
50% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 155
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$942M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$51.7M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$43M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$38.8M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$34.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$109M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$64.6M |
| 3 |
JP Morgan Chase
New York
|
-$63.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$52M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.6M |
LUV Hedge Fund Activity: Q3 2023 in Review
766 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q3 2023, worth a combined $12.9B — down 23% from $16.9B a quarter earlier.
Sellers outnumbered buyers: 155 funds closed out of LUV and 78 opened new positions — a net loss of 77 holders — while 316 trimmed existing stakes and 235 added.
The largest buyer was Capital World Investors, adding an estimated $942M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $109M.
- 766 institutional investors held Southwest Airlines (LUV) as of Q3 2023, down from 854 in Q2 2023.
- Funds reported $12.9B of Southwest Airlines stock for Q3 2023, down 23% quarter-over-quarter.
- 78 funds opened new Southwest Airlines positions in Q3 2023 and 155 closed out, a net change of -77 holders.
- The largest Southwest Airlines buyer in Q3 2023 was Capital World Investors, an estimated $942M added.
- The largest Southwest Airlines seller in Q3 2023 was Barrow, Hanley, Mewhinney & Strauss, an estimated $109M sold.
Based on aggregated 13F filings for Q3 2023.