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Southwest Airlines

874 hedge funds and large institutions have $26.6B invested in Southwest Airlines in 2018 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 315 increasing their positions, 338 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.43% less ownership

Funds ownership: 79.49%79.06% (-0.43%)

7% less repeat investments, than reductions

Existing positions increased: 315 | Existing positions reduced: 338

4% less funds holding

Funds holding: 913874 (-39)

14% less capital invested

Capital invested by funds: $30.8B → $26.6B (-$4.2B)

15% less call options, than puts

Call options by funds: $237M | Put options by funds: $278M

26% less first-time investments, than exits

New positions opened: 87 | Existing positions closed: 117

35% less funds holding in top 10

Funds holding in top 10: 3120 (-11)

Holders
874
Holders Change
-39
Holders Change %
-4.27%
% of All Funds
20.03%
Holding in Top 10
20
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-35.48%
% of All Funds
0.46%
New
87
Increased
315
Reduced
338
Closed
117
Calls
$237M
Puts
$278M
Net Calls
-$40.5M
Net Calls Change
-$172M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$4B -$35.9M -598,320 -0.8%
Berkshire Hathaway
2
Berkshire Hathaway
Nebraska
$2.73B
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.12B +$16.3M +271,144 +0.7%
BlackRock
4
BlackRock
New York
$1.71B +$1.15M +19,134 +0.1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.41B -$305M -5,086,868 -17%
State Street
6
State Street
Massachusetts
$1.11B -$51.7M -860,167 -4%
ECU
7
Egerton Capital (UK)
United Kingdom
$588M +$177M +2,949,407 +40%
JP Morgan Chase
8
JP Morgan Chase
New York
$500M -$16.6M -277,112 -3%
Boston Partners
9
Boston Partners
Massachusetts
$486M +$235M +3,914,892 +86%
Ameriprise
10
Ameriprise
Minnesota
$480M -$154M -2,561,382 -23%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$460M -$103M -1,712,158 -18%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$427M -$50.1M -834,094 -10%
AQR Capital Management
13
AQR Capital Management
Connecticut
$416M +$91.8M +1,527,927 +27%
Northern Trust
14
Northern Trust
Illinois
$333M -$5.39M -89,837 -2%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$331M +$23.8M +396,036 +7%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$306M +$28.2M +469,418 +10%
PCM
17
PAR Capital Management
Massachusetts
$283M +$6.01M +100,000 +2%
Thrivent Financial for Lutherans
18
Thrivent Financial for Lutherans
Minnesota
$266M +$7.35M +122,372 +3%
Rockefeller Capital Management
19
Rockefeller Capital Management
New York
$208M +$218M +3,627,536 New
Goldman Sachs
20
Goldman Sachs
New York
$200M -$11.2M -187,055 -5%
Bank of America
21
Bank of America
North Carolina
$198M -$29.5M -491,361 -12%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$190M -$2.33M -38,847 -1%
TCIM
23
TIAA CREF Investment Management
New York
$189M -$2.28M -37,933 -1%
APG Asset Management
24
APG Asset Management
Netherlands
$188M -$14.1M -234,700 -5%
PI
25
Putnam Investments
Massachusetts
$184M -$1.59M -26,491 -0.8%

LUV Hedge Fund Activity: Q1 2018 in Review

874 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q1 2018, worth a combined $26.6B — down 14% from $30.8B a quarter earlier.

Sellers outnumbered buyers: 117 funds closed out of LUV and 87 opened new positions — a net loss of 30 holders — while 338 trimmed existing stakes and 315 added.

The largest buyer was Boston Partners, adding an estimated $235M. The largest seller was Fidelity Investments, cutting an estimated $305M.

  • 874 institutional investors held Southwest Airlines (LUV) as of Q1 2018, down from 913 in Q4 2017.
  • Funds reported $26.6B of Southwest Airlines stock for Q1 2018, down 14% quarter-over-quarter.
  • 87 funds opened new Southwest Airlines positions in Q1 2018 and 117 closed out, a net change of -30 holders.
  • The largest Southwest Airlines buyer in Q1 2018 was Boston Partners, an estimated $235M added.
  • The largest Southwest Airlines seller in Q1 2018 was Fidelity Investments, an estimated $305M sold.

Based on aggregated 13F filings for Q1 2018.