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Southwest Airlines

685 hedge funds and large institutions have $16.9B invested in Southwest Airlines in 2015 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 255 increasing their positions, 249 reducing their positions, and 116 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more repeat investments, than reductions

Existing positions increased: 255 | Existing positions reduced: 249

0.48% less ownership

Funds ownership: 77.13%76.65% (-0.48%)

7% less call options, than puts

Call options by funds: $201M | Put options by funds: $216M

5% less funds holding

Funds holding: 719685 (-34)

22% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 116

27% less capital invested

Capital invested by funds: $23B → $16.9B (-$6.14B)

54% less funds holding in top 10

Funds holding in top 10: 2612 (-14)

Holders
685
Holders Change
-34
Holders Change %
-4.73%
% of All Funds
18.45%
Holding in Top 10
12
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-53.85%
% of All Funds
0.32%
New
90
Increased
255
Reduced
249
Closed
116
Calls
$201M
Puts
$216M
Net Calls
-$15.2M
Net Calls Change
+$30.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$2.57B +$7.94M +202,983 +0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.27B +$8.43M +215,665 +0.6%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.23B +$17.1M +437,210 +1%
State Street
4
State Street
Massachusetts
$757M -$53.6M -1,371,818 -6%
BIT
5
BlackRock Institutional Trust
California
$602M +$19.8M +506,544 +3%
ECU
6
Egerton Capital (UK)
United Kingdom
$461M -$213M -5,447,185 -28%
JHIU
7
Janus Henderson Investors US
Colorado
$414M +$98.9M +2,529,055 +25%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$341M -$4.02M -102,827 -1%
BFA
9
BlackRock Fund Advisors
California
$337M -$15M -383,166 -4%
AQR Capital Management
10
AQR Capital Management
Connecticut
$320M +$158M +4,049,674 +72%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$293M -$29.7M -760,255 -8%
Wells Fargo
12
Wells Fargo
California
$267M +$99.3M +2,540,344 +46%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$255M -$26.6M -678,915 -8%
Northern Trust
14
Northern Trust
Illinois
$230M -$1.14M -29,272 -0.4%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$217M -$9.64M -246,564 -4%
Ameriprise
16
Ameriprise
Minnesota
$190M -$17.5M -447,105 -7%
TCIM
17
TIAA CREF Investment Management
New York
$187M -$7.81M -199,824 -3%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$178M -$69.5K -1,778 -0%
AL
19
AJO LP
Pennsylvania
$177M -$6.02M -154,030 -3%
Deutsche Bank
20
Deutsche Bank
Germany
$165M +$121M +3,105,896 +165%
Capital World Investors
21
Capital World Investors
California
$160M -$75M -1,918,422 -28%
Renaissance Technologies
22
Renaissance Technologies
New York
$154M +$83.9M +2,146,080 +85%
Prudential Financial
23
Prudential Financial
New Jersey
$148M +$8.03M +205,220 +5%
Goldman Sachs
24
Goldman Sachs
New York
$142M +$33.2M +848,718 +25%
PCM
25
PAR Capital Management
Massachusetts
$137M +$58.7M +1,500,000 +57%

LUV Hedge Fund Activity: Q2 2015 in Review

685 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q2 2015, worth a combined $16.9B — down 27% from $23B a quarter earlier.

Sellers outnumbered buyers: 116 funds closed out of LUV and 90 opened new positions — a net loss of 26 holders — while 249 trimmed existing stakes and 255 added.

The largest buyer was AQR Capital Management, adding an estimated $158M. The largest seller was Egerton Capital (UK), cutting an estimated $213M.

  • 685 institutional investors held Southwest Airlines (LUV) as of Q2 2015, down from 719 in Q1 2015.
  • Funds reported $16.9B of Southwest Airlines stock for Q2 2015, down 27% quarter-over-quarter.
  • 90 funds opened new Southwest Airlines positions in Q2 2015 and 116 closed out, a net change of -26 holders.
  • The largest Southwest Airlines buyer in Q2 2015 was AQR Capital Management, an estimated $158M added.
  • The largest Southwest Airlines seller in Q2 2015 was Egerton Capital (UK), an estimated $213M sold.

Based on aggregated 13F filings for Q2 2015.