Southwest Gas
398 hedge funds and large institutions have $5.66B invested in Southwest Gas in 2026 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 156 increasing their positions, 94 reducing their positions, and 40 closing their positions.
125% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 40
66% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 94
13% more funds holding
Funds holding: 353 → 398 (+45)
6% more capital invested
Capital invested by funds: $5.33B → $5.66B (+$331M)
2.24% less ownership
Funds ownership: 92.32% → 90.08% (-2.2%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$48.2M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$47.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$43.9M |
| 4 |
BlackRock
New York
|
+$39.6M |
| 5 |
Cohen & Steers
New York
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$483M |
| 2 |
CM
Corvex Management
New York
|
-$60.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.6M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$17M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14.8M |
SWX Hedge Fund Activity: Q1 2026 in Review
398 of the 8,084 institutional investors tracked by Wall St. Rank reported a position in Southwest Gas (SWX) for Q1 2026, worth a combined $5.66B — up 6.2% from $5.33B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new SWX positions and 40 closed out — a net gain of 50 holders — while 156 added to existing stakes and 94 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $48.2M. The largest seller was Icahn Carl, exiting entirely with an estimated $483M sold.
- 398 institutional investors held Southwest Gas (SWX) as of Q1 2026, up from 353 in Q4 2025.
- Funds reported $5.66B of Southwest Gas stock for Q1 2026, up 6.2% quarter-over-quarter.
- 90 funds opened new Southwest Gas positions in Q1 2026 and 40 closed out, a net change of +50 holders.
- The largest Southwest Gas buyer in Q1 2026 was Balyasny Asset Management, an estimated $48.2M added.
- The largest Southwest Gas seller in Q1 2026 was Icahn Carl, an estimated $483M sold.
Based on aggregated 13F filings for Q1 2026.