Southwest Airlines
LUV
505 hedge funds and large institutions have $10.8B invested in Southwest Airlines in 2013 Q4 according to their latest regulatory filings, with 87 funds opening new positions, 144 increasing their positions, 205 reducing their positions, and 31 closing their positions.
181% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 31
92% more call options, than puts
Call options by funds: $32.9M | Put options by funds: $17.1M
28% more capital invested
Capital invested by funds: $8.41B → $10.8B (+$2.36B)
12% more funds holding
Funds holding: 451 → 505 (+54)
0.13% more ownership
Funds ownership: 81.6% → 81.73% (+0.13%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
30% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 205
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$88.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$81.6M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$57.5M |
| 4 |
Goldman Sachs
New York
|
+$50.1M |
| 5 |
PTC
Provident Trust Company
Waukesha,
Wisconsin
|
+$49.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$151M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$146M |
| 3 |
DSC
Donald Smith & Co
New York
|
-$127M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$70.5M |
| 5 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$50.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
526
Baird
Milwaukee,
Wisconsin
| – | -$187K | -12,832 | Closed |
|
|
FFA
527
First Foundation Advisors
Irvine,
California
| – | -$177K | -12,186 | Closed |
|
|
DTL
528
Dynamic Technology Lab
Singapore
| – | -$150K | -10,300 | Closed |
|
|
DI
529
Dalton Investments
Las Vegas,
Nevada
| – | -$146K | -10,000 | Closed |
|
530
Jones Financial Companies
Des Peres,
Missouri
| – | -$38K | -2,625 | Closed |
|
|
MA
531
MUFG Americas
New York
| – | -$19K | -1,337 | Closed |
|
|
FANJ
532
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$17K | -1,153 | Closed |
|
|
MAM
533
Meeder Asset Management
Dublin,
Ohio
| – | -$15K | -1,000 | Closed |
|
|
AA
534
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$7K | -479 | Closed |
|
|
SSB
535
Sandy Spring Bank
Olney,
Maryland
| – | -$6K | -380 | Closed |
|
|
ST
536
Spot Trading
Chicago,
Illinois
| – | -$2.79K | -160 | Closed |
|
|
LWCFA
537
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$1K | -150 | Closed |
|
|
WF
538
WealthTrust Fairport
Cleveland,
Ohio
| – | -$802 | -46 | -72% |
|
LUV Hedge Fund Activity: Q4 2013 in Review
505 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q4 2013, worth a combined $10.8B — up 28% from $8.41B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new LUV positions and 31 closed out — a net gain of 56 holders — while 144 added to existing stakes and 205 trimmed.
The largest buyer was AJO LP, adding an estimated $88.5M. The largest seller was Capital Research Global Investors, cutting an estimated $151M.
- 505 institutional investors held Southwest Airlines (LUV) as of Q4 2013, up from 451 in Q3 2013.
- Funds reported $10.8B of Southwest Airlines stock for Q4 2013, up 28% quarter-over-quarter.
- 87 funds opened new Southwest Airlines positions in Q4 2013 and 31 closed out, a net change of +56 holders.
- The largest Southwest Airlines buyer in Q4 2013 was AJO LP, an estimated $88.5M added.
- The largest Southwest Airlines seller in Q4 2013 was Capital Research Global Investors, an estimated $151M sold.
Based on aggregated 13F filings for Q4 2013.