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Southwest Airlines

514 hedge funds and large institutions have $13.3B invested in Southwest Airlines in 2014 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 197 increasing their positions, 199 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 42

40% more funds holding in top 10

Funds holding in top 10: 1014 (+4)

24% more capital invested

Capital invested by funds: $10.8B → $13.3B (+$2.53B)

2% more funds holding

Funds holding: 505514 (+9)

7% more call options, than puts

Call options by funds: $59.9M | Put options by funds: $56M

1% less repeat investments, than reductions

Existing positions increased: 197 | Existing positions reduced: 199

1.68% less ownership

Funds ownership: 81.73%80.05% (-1.7%)

Holders
514
Holders Change
+9
Holders Change %
+1.78%
% of All Funds
14.84%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.4%
New
63
Increased
197
Reduced
199
Closed
42
Calls
$59.9M
Puts
$56M
Net Calls
+$3.9M
Net Calls Change
-$11.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$1.87B -$10.1M -461,773 -0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.14B +$46.4M +2,121,330 +5%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$693M -$35.7M -1,632,810 -5%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$661M +$190M +8,703,446 +45%
State Street
5
State Street
Massachusetts
$614M -$29.6M -1,354,818 -5%
BIT
6
BlackRock Institutional Trust
California
$444M -$8.95M -408,990 -2%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$315M +$35.7M +1,630,351 +14%
GA
8
Greenhaven Associates
New York
$265M -$3.34M -152,680 -1%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$243M -$20.1M -917,860 -8%
BFA
10
BlackRock Fund Advisors
California
$224M -$1.93M -88,128 -0.9%
Acadian Asset Management
11
Acadian Asset Management
Massachusetts
$216M +$148M +6,766,496 +286%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$197M +$4.24M +193,901 +2%
Northern Trust
13
Northern Trust
Illinois
$180M +$84K +3,840 +0.1%
Ameriprise
14
Ameriprise
Minnesota
$159M -$16.2M -738,484 -10%
JHIU
15
Janus Henderson Investors US
Colorado
$158M -$5.17M -236,325 -3%
AL
16
AJO LP
Pennsylvania
$149M -$4.96M -226,910 -3%
TCIM
17
TIAA CREF Investment Management
New York
$147M +$14.7M +670,823 +12%
Goldman Sachs
18
Goldman Sachs
New York
$139M +$6.05M +276,724 +5%
American Century Companies
19
American Century Companies
Missouri
$134M -$3.49M -159,328 -3%
Ninety One (UK)
20
Ninety One (UK)
United Kingdom
$132M -$59.8M -2,733,396 -33%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$131M +$3.28M +150,058 +3%
SSM
22
Sound Shore Management
Connecticut
$116M -$34.5M -1,576,027 -24%
PCM
23
PAR Capital Management
Massachusetts
$114M +$33.2M +1,516,424 +46%
Wells Fargo
24
Wells Fargo
California
$105M +$40.1M +1,832,415 +70%
Invesco
25
Invesco
Georgia
$105M -$32.4M -1,481,303 -25%

LUV Hedge Fund Activity: Q1 2014 in Review

514 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q1 2014, worth a combined $13.3B — up 24% from $10.8B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new LUV positions and 42 closed out — a net gain of 21 holders — while 197 added to existing stakes and 199 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $190M. The largest seller was Diamond Hill Capital Management, cutting an estimated $179M.

  • 514 institutional investors held Southwest Airlines (LUV) as of Q1 2014, up from 505 in Q4 2013.
  • Funds reported $13.3B of Southwest Airlines stock for Q1 2014, up 24% quarter-over-quarter.
  • 63 funds opened new Southwest Airlines positions in Q1 2014 and 42 closed out, a net change of +21 holders.
  • The largest Southwest Airlines buyer in Q1 2014 was Fidelity Investments, an estimated $190M added.
  • The largest Southwest Airlines seller in Q1 2014 was Diamond Hill Capital Management, an estimated $179M sold.

Based on aggregated 13F filings for Q1 2014.