Southwest Airlines
850 hedge funds and large institutions have $14.7B invested in Southwest Airlines in 2023 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 282 increasing their positions, 327 reducing their positions, and 131 closing their positions.
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
1.43% more ownership
Funds ownership: 74.78% → 76.22% (+1.4%)
1% less capital invested
Capital invested by funds: $14.9B → $14.7B (-$204M)
8% less funds holding
Funds holding: 920 → 850 (-70)
14% less repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 327
32% less call options, than puts
Call options by funds: $242M | Put options by funds: $357M
39% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$212M |
| 2 |
PTC
Provident Trust Company
Waukesha,
Wisconsin
|
+$141M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$113M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$97.3M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$68.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$64.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$56.6M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$55M |
| 5 |
Holocene Advisors
New York
|
-$47.5M |
LUV Hedge Fund Activity: Q1 2023 in Review
850 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q1 2023, worth a combined $14.7B — down 1.4% from $14.9B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of LUV and 80 opened new positions — a net loss of 51 holders — while 327 trimmed existing stakes and 282 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $212M. The largest seller was Millennium Management, cutting an estimated $68.5M.
- 850 institutional investors held Southwest Airlines (LUV) as of Q1 2023, down from 920 in Q4 2022.
- Funds reported $14.7B of Southwest Airlines stock for Q1 2023, down 1.4% quarter-over-quarter.
- 80 funds opened new Southwest Airlines positions in Q1 2023 and 131 closed out, a net change of -51 holders.
- The largest Southwest Airlines buyer in Q1 2023 was T. Rowe Price Associates, an estimated $212M added.
- The largest Southwest Airlines seller in Q1 2023 was Millennium Management, an estimated $68.5M sold.
Based on aggregated 13F filings for Q1 2023.