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Southwest Airlines

884 hedge funds and large institutions have $20.6B invested in Southwest Airlines in 2018 Q4 according to their latest regulatory filings, with 129 funds opening new positions, 275 increasing their positions, 329 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more call options, than puts

Call options by funds: $256M | Put options by funds: $207M

10% more first-time investments, than exits

New positions opened: 129 | Existing positions closed: 117

0.63% more ownership

Funds ownership: 78.44%79.07% (+0.63%)

0% more funds holding

Funds holding: 881884 (+3)

5% less funds holding in top 10

Funds holding in top 10: 1918 (-1)

16% less repeat investments, than reductions

Existing positions increased: 275 | Existing positions reduced: 329

26% less capital invested

Capital invested by funds: $28B → $20.6B (-$7.4B)

Holders
884
Holders Change
+3
Holders Change %
+0.34%
% of All Funds
19.7%
Holding in Top 10
18
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5.26%
% of All Funds
0.4%
New
129
Increased
275
Reduced
329
Closed
117
Calls
$256M
Puts
$207M
Net Calls
+$48.3M
Net Calls Change
-$99.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$3.43B -$10.4M -195,705 -0.3%
Berkshire Hathaway
2
Berkshire Hathaway
Nebraska
$2.55B -$63.7M -1,200,000 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.7B +$4.22M +79,507 +0.2%
BlackRock
4
BlackRock
New York
$1.35B +$121M +2,282,027 +9%
State Street
5
State Street
Massachusetts
$800M -$26.8M -505,153 -3%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$408M -$209M -3,938,949 -31%
Boston Partners
7
Boston Partners
Massachusetts
$408M -$12.2M -230,436 -3%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$404M -$311M -5,846,511 -40%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$311M +$43M +809,418 +14%
JP Morgan Chase
10
JP Morgan Chase
New York
$293M +$33.5M +630,518 +11%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$285M -$17.8M -334,706 -5%
AQR Capital Management
12
AQR Capital Management
Connecticut
$281M +$45M +846,818 +16%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$269M +$9.22M +173,499 +3%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$255M +$185M +3,486,188 +174%
Northern Trust
15
Northern Trust
Illinois
$246M -$4.17M -78,422 -1%
Goldman Sachs
16
Goldman Sachs
New York
$236M +$73.5M +1,383,763 +37%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$229M +$71.6M +1,348,168 +38%
PCM
18
PAR Capital Management
Massachusetts
$226M
Harris Associates
19
Harris Associates
Illinois
$223M +$36.5M +687,671 +17%
Millennium Management
20
Millennium Management
New York
$213M +$122M +2,301,057 +100%
American Century Companies
21
American Century Companies
Missouri
$199M +$62.3M +1,172,373 +38%
Ameriprise
22
Ameriprise
Minnesota
$198M +$98.2M +1,849,359 +76%
Morgan Stanley
23
Morgan Stanley
New York
$169M +$57.5M +1,082,689 +43%
Rockefeller Capital Management
24
Rockefeller Capital Management
New York
$168M +$2.48M +46,757 +1%
BNP Paribas Financial Markets
25
BNP Paribas Financial Markets
France
$158M -$1.87M -35,225 -1%

LUV Hedge Fund Activity: Q4 2018 in Review

884 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q4 2018, worth a combined $20.6B — down 26% from $28B a quarter earlier.

Buyers outnumbered sellers: 129 funds opened new LUV positions and 117 closed out — a net gain of 12 holders — while 275 added to existing stakes and 329 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $185M. The largest seller was T. Rowe Price Associates, cutting an estimated $311M.

  • 884 institutional investors held Southwest Airlines (LUV) as of Q4 2018, up from 881 in Q3 2018.
  • Funds reported $20.6B of Southwest Airlines stock for Q4 2018, down 26% quarter-over-quarter.
  • 129 funds opened new Southwest Airlines positions in Q4 2018 and 117 closed out, a net change of +12 holders.
  • The largest Southwest Airlines buyer in Q4 2018 was Wellington Management Group, an estimated $185M added.
  • The largest Southwest Airlines seller in Q4 2018 was T. Rowe Price Associates, an estimated $311M sold.

Based on aggregated 13F filings for Q4 2018.