Southwest Airlines
767 hedge funds and large institutions have $22.7B invested in Southwest Airlines in 2016 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 267 increasing their positions, 292 reducing their positions, and 76 closing their positions.
37% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 76
34% more call options, than puts
Call options by funds: $144M | Put options by funds: $107M
3% more funds holding
Funds holding: 747 → 767 (+20)
1.79% more ownership
Funds ownership: 78.38% → 80.17% (+1.8%)
9% less repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 292
6% less capital invested
Capital invested by funds: $24B → $22.7B (-$1.4B)
10% less funds holding in top 10
Funds holding in top 10: 31 → 28 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$154M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$69M |
| 3 |
SC
Sculptor Capital
New York
|
+$66.6M |
| 4 |
SIG
Senator Investment Group
New York
|
+$61M |
| 5 |
Millennium Management
New York
|
+$59.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$118M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$96.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$90.3M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$80.5M |
| 5 |
Bank of New York Mellon
New York
|
-$75.2M |
LUV Hedge Fund Activity: Q1 2016 in Review
767 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q1 2016, worth a combined $22.7B — down 5.8% from $24B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new LUV positions and 76 closed out — a net gain of 28 holders — while 267 added to existing stakes and 292 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $154M. The largest seller was PointState Capital, exiting entirely with an estimated $118M sold.
- 767 institutional investors held Southwest Airlines (LUV) as of Q1 2016, up from 747 in Q4 2015.
- Funds reported $22.7B of Southwest Airlines stock for Q1 2016, down 5.8% quarter-over-quarter.
- 104 funds opened new Southwest Airlines positions in Q1 2016 and 76 closed out, a net change of +28 holders.
- The largest Southwest Airlines buyer in Q1 2016 was Fidelity Investments, an estimated $154M added.
- The largest Southwest Airlines seller in Q1 2016 was PointState Capital, an estimated $118M sold.
Based on aggregated 13F filings for Q1 2016.