Southwest Airlines
849 hedge funds and large institutions have $20B invested in Southwest Airlines in 2025 Q4 according to their latest regulatory filings, with 173 funds opening new positions, 226 increasing their positions, 289 reducing their positions, and 72 closing their positions.
140% more first-time investments, than exits
New positions opened: 173 | Existing positions closed: 72
22% more capital invested
Capital invested by funds: $16.4B → $20B (+$3.6B)
11% more funds holding
Funds holding: 765 → 849 (+84)
2% less call options, than puts
Call options by funds: $417M | Put options by funds: $425M
4.34% less ownership
Funds ownership: 98.05% → 93.72% (-4.3%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
22% less repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 289
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$270M |
| 2 |
SG Americas Securities
New York
|
+$126M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$121M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$97.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$94.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$727M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$343M |
| 3 |
JP Morgan Chase
New York
|
-$216M |
| 4 |
IP
Interval Partners
New York
|
-$128M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$90.5M |
LUV Hedge Fund Activity: Q4 2025 in Review
849 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Southwest Airlines (LUV) for Q4 2025, worth a combined $20B — up 22% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 173 funds opened new LUV positions and 72 closed out — a net gain of 101 holders — while 226 added to existing stakes and 289 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $270M. The largest seller was UBS Group, cutting an estimated $727M.
- 849 institutional investors held Southwest Airlines (LUV) as of Q4 2025, up from 765 in Q3 2025.
- Funds reported $20B of Southwest Airlines stock for Q4 2025, up 22% quarter-over-quarter.
- 173 funds opened new Southwest Airlines positions in Q4 2025 and 72 closed out, a net change of +101 holders.
- The largest Southwest Airlines buyer in Q4 2025 was Goldman Sachs, an estimated $270M added.
- The largest Southwest Airlines seller in Q4 2025 was UBS Group, an estimated $727M sold.
Based on aggregated 13F filings for Q4 2025.