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Southwest Airlines

747 hedge funds and large institutions have $24B invested in Southwest Airlines in 2015 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 228 increasing their positions, 288 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

154% more first-time investments, than exits

New positions opened: 127 | Existing positions closed: 50

61% more call options, than puts

Call options by funds: $274M | Put options by funds: $170M

14% more capital invested

Capital invested by funds: $21.1B → $24B (+$2.9B)

11% more funds holding in top 10

Funds holding in top 10: 2831 (+3)

10% more funds holding

Funds holding: 680747 (+67)

1.16% more ownership

Funds ownership: 77.21%78.38% (+1.2%)

21% less repeat investments, than reductions

Existing positions increased: 228 | Existing positions reduced: 288

Holders
747
Holders Change
+67
Holders Change %
+9.85%
% of All Funds
19.6%
Holding in Top 10
31
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+10.71%
% of All Funds
0.81%
New
127
Increased
228
Reduced
288
Closed
50
Calls
$274M
Puts
$170M
Net Calls
+$104M
Net Calls Change
+$28.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$3.19B -$13.9M -312,800 -0.4%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$2.13B +$196M +4,435,254 +10%
LTI
3
Laffer Tengler Investments
Tennessee
$2.05B
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.63B +$15.2M +343,228 +0.9%
State Street
5
State Street
Massachusetts
$948M -$16.2M -366,757 -2%
BIT
6
BlackRock Institutional Trust
California
$755M -$19.3M -436,305 -2%
ECU
7
Egerton Capital (UK)
United Kingdom
$666M -$59.9M -1,353,479 -8%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$505M +$106M +2,393,663 +26%
BFA
9
BlackRock Fund Advisors
California
$469M +$11.6M +262,828 +2%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$368M +$24.9M +561,515 +7%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$329M -$8.02M -181,174 -2%
Northern Trust
12
Northern Trust
Illinois
$287M -$9.55M -215,547 -3%
Wells Fargo
13
Wells Fargo
California
$271M +$40.1M +906,048 +17%
Bank of America
14
Bank of America
North Carolina
$263M +$33.9M +765,609 +14%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$259M -$5.62M -126,979 -2%
Invesco
16
Invesco
Georgia
$250M +$12.1M +273,236 +5%
PCM
17
PAR Capital Management
Massachusetts
$245M -$996K -22,500 -0.4%
AQR Capital Management
18
AQR Capital Management
Connecticut
$243M -$131M -2,961,961 -34%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$231M -$669K -15,109 -0.3%
TCIM
20
TIAA CREF Investment Management
New York
$227M -$5.04M -113,798 -2%
AL
21
AJO LP
Pennsylvania
$201M -$3.23M -72,927 -2%
JHIU
22
Janus Henderson Investors US
Colorado
$188M -$146M -3,285,683 -43%
Prudential Financial
23
Prudential Financial
New Jersey
$185M -$4.92M -110,990 -3%
AM
24
Appaloosa Management
Florida
$185M +$118M +2,656,184 +162%
Deutsche Bank
25
Deutsche Bank
Germany
$181M -$25.1M -566,116 -12%

LUV Hedge Fund Activity: Q4 2015 in Review

747 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q4 2015, worth a combined $24B — up 14% from $21.1B a quarter earlier.

Buyers outnumbered sellers: 127 funds opened new LUV positions and 50 closed out — a net gain of 77 holders — while 228 added to existing stakes and 288 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $196M. The largest seller was Janus Henderson Investors US, cutting an estimated $146M.

  • 747 institutional investors held Southwest Airlines (LUV) as of Q4 2015, up from 680 in Q3 2015.
  • Funds reported $24B of Southwest Airlines stock for Q4 2015, up 14% quarter-over-quarter.
  • 127 funds opened new Southwest Airlines positions in Q4 2015 and 50 closed out, a net change of +77 holders.
  • The largest Southwest Airlines buyer in Q4 2015 was Fidelity Investments, an estimated $196M added.
  • The largest Southwest Airlines seller in Q4 2015 was Janus Henderson Investors US, an estimated $146M sold.

Based on aggregated 13F filings for Q4 2015.