SOUTHWEST AIRLINES CO (LUV) — Institutional Holders, Q2 2026

938 institutional investment managers reported a LUV position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $23.4B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← LUV stock profile

LUV in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

163

Added to

307

Trimmed

285

Sold out

Biggest buyers

GOLDMAN SACHS GROUPAdded · +6,890,529 sh+$354.3M
JPMORGAN CHASEAdded · +4,462,978 sh+$229.5M
Crake Asset Management LLPAdded · +4,145,899 sh+$213.2M
UBS Group AGAdded · +3,990,742 sh+$205.2M
FIRST ADVISORSAdded · +3,494,605 sh+$179.7M

Biggest sellers

Elliott Investment Management L.P.Trimmed · -6,038,000 sh-$310.5M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPTrimmed · -4,705,282 sh-$241.9M
Qube Research & Technologies LtdTrimmed · -3,280,457 sh-$168.7M
VOLORIDGE INVESTMENT MANAGEMENTSold out · -2,937,132 sh-$151.0M
JANE STREET GROUPTrimmed · -1,669,906 sh-$85.9M

LUV 13F holders ranked 1–100 of 938

Institutional investors reporting a position in SOUTHWEST AIRLINES CO on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	PRIMECAP MANAGEMENT#1 · 48,797,725 sh	48,797,725	$2.5B	1.48%	+3.7%
2	FRANKLIN RESOURCES#2 · 46,578,090 sh	46,578,090	$2.4B	0.52%	+4.9%
3	VANGUARD CAPITAL MANAGEMENT#3 · 31,614,180 sh	31,614,180	$1.6B	0.03%	-0.1%
4	BlackRock#4 · 29,917,962 sh	29,917,962	$1.5B	0.02%	+4.7%
5	STATE STREET#5 · 29,326,975 sh	29,326,975	$1.5B	0.04%	-0.7%
6	Elliott Investment Management L.P.#6 · 24,308,000 sh	24,308,000	$1.2B	5.51%	-19.9%
7	VANGUARD PORTFOLIO MANAGEMENT#7 · 23,999,965 sh	23,999,965	$1.2B	0.06%	+3.8%
8	PRICE T ROWE ASSOCIATES#8 · 13,905,409 sh	13,905,409	$715.0M	0.07%	+0.1%
9	GEODE CAPITAL MANAGEMENT#9 · 12,739,007 sh	12,739,007	$653.9M	0.03%	-1.8%
10	AMERIPRISE FINANCIAL#10 · 10,777,353 sh	10,777,353	$554.0M	0.11%	+7.9%
11	GOLDMAN SACHS GROUP#11 · 10,409,159 sh	10,409,159	$535.2M	0.05%	+195.8%
12	FMR#12 · 9,621,712 sh	9,621,712	$494.7M	0.02%	-1.5%
13	JPMORGAN CHASE#13 · 8,864,414 sh	8,864,414	$457.4M	0.03%	+101.4%
14	Crake Asset Management LLP#14 · 7,065,875 sh	7,065,875	$363.3M	8.69%	+142.0%
15	Invesco Ltd.#15 · 6,953,490 sh	6,953,490	$357.5M	0.03%	+6.7%
16	UBS Group AG#16 · 6,534,122 sh	6,534,122	$336.0M	0.04%	+156.9%
17	DIMENSIONAL FUND ADVISORS#17 · 6,054,557 sh	6,054,557	$311.3M	0.06%	+5.1%
18	MORGAN STANLEY#18 · 5,991,193 sh	5,991,193	$308.1M	0.02%	+4.5%
19	BANK OF AMERICA#19 · 5,276,832 sh	5,276,832	$271.3M	0.02%	-15.9%
20	PAR CAPITAL MANAGEMENT#20 · 4,905,756 sh	4,905,756	$252.3M	6.25%	-6.0%
21	Bank of New York Mellon#21 · 4,567,724 sh	4,567,724	$234.9M	0.04%	+16.4%
22	FIRST ADVISORS#22 · 4,145,711 sh	4,145,711	$213.2M	0.13%	+536.7%
23	JACOBS LEVY EQUITY MANAGEMENT#23 · 4,140,634 sh	4,140,634	$212.9M	0.77%	+58.4%
24	NORTHERN#24 · 3,803,338 sh	3,803,338	$195.6M	0.02%	-0.3%
25	CHARLES SCHWAB INVESTMENT MANAGEMENT#25 · 3,359,521 sh	3,359,521	$172.7M	0.02%	-1.4%
26	AMERICAN CENTURY COMPANIES#26 · 3,011,054 sh	3,011,054	$154.8M	0.07%	+42.3%
27	MASSACHUSETTS FINANCIAL SERVICES#27 · 2,951,933 sh	2,951,933	$151.8M	0.05%	+1.1%
28	FEDERATED HERMES#28 · 2,799,870 sh	2,799,870	$144.0M	0.21%	+0.2%
29	VANGUARD FIDUCIARY#29 · 2,746,929 sh	2,746,929	$141.2M	0.03%	-0.8%
30	SOUND SHORE MANAGEMENT#30 · 2,441,564 sh	2,441,564	$125.5M	3.87%	+22.0%
31	BARCLAYS PLC#31 · 2,344,513 sh	2,344,513	$120.6M	0.02%	-8.5%
32	RAYMOND JAMES FINANCIAL#32 · 2,307,811 sh	2,307,811	$118.7M	0.03%	+14.9%
33	U S GLOBAL INVESTORS#33 · 1,985,637 sh	1,985,637	$102.1M	—	+19.0%
34	Qube Research & Technologies Ltd#34 · 1,879,278 sh	1,879,278	$96.6M	0.09%	-63.6%
35	NORGES BANK#35 · 1,788,321 sh	1,788,321	$92.0M	<0.01%	—
36	WELLS FARGO & COMPANY#36 · 1,766,077 sh	1,766,077	$90.8M	0.01%	+186.7%
37	DEUTSCHE BANK AG\#37 · 1,633,156 sh	1,633,156	$84.0M	0.02%	+56.8%
38	Teewinot Capital Advisers, L.L.C.#38 · 1,527,872 sh	1,527,872	$78.6M	5.68%	+188.2%
39	AQR CAPITAL MANAGEMENT#39 · 1,260,564 sh	1,260,564	$64.6M	0.02%	+102.5%
40	CITIGROUP#40 · 1,235,768 sh	1,235,768	$63.5M	0.02%	+79.6%
41	Nuveen#41 · 1,185,105 sh	1,185,105	$60.9M	0.01%	-1.3%
42	Russell Investments Group, Ltd.#42 · 1,143,981 sh	1,143,981	$58.8M	0.05%	+66.3%
43	JANE STREET GROUP#43 · 1,114,862 sh	1,114,862	$57.3M	<0.01%	-60.0%
44	BNP PARIBAS FINANCIAL MARKETS#44 · 1,071,215 sh	1,071,215	$55.1M	0.02%	+56.7%
45	CITADEL ADVISORS#45 · 1,047,104 sh	1,047,104	$53.8M	<0.01%	-45.9%
46	Vanguard Global Advisers#46 · 1,041,282 sh	1,041,282	$53.5M	0.02%	-3.7%
47	Bridgewater Associates#47 · 1,022,946 sh	1,022,946	$52.6M	0.22%	+46.1%
48	ROYAL BANK OF CANADA#48 · 1,015,520 sh	1,015,520	$52.2M	<0.01%	-8.3%
49	SG Americas Securities#49 · 994,043 sh	994,043	$51.1M	0.03%	-6.4%
50	RHUMBLINE ADVISERS#50 · 990,294 sh	990,294	$50.9M	0.04%	-22.3%
51	FORT WASHINGTON INVESTMENT ADVISORS#51 · 977,046 sh	977,046	$50.2M	—	+0.7%
52	SUSQUEHANNA INTERNATIONAL GROUP, LLP#52 · 958,209 sh	958,209	$49.3M	<0.01%	+116.9%
53	CAPITAL FUND MANAGEMENT S.A.#53 · 900,873 sh	900,873	$46.3M	0.20%	+266.3%
54	HSBC PLC#54 · 900,590 sh	900,590	$46.3M	0.02%	-1.9%
55	MILLENNIUM MANAGEMENT#55 · 859,542 sh	859,542	$44.2M	0.02%	-44.4%
56	Point72 Asset Management, L.P.#56 · 856,829 sh	856,829	$44.1M	0.05%	New
57	COOKSON PEIRCE#57 · 830,605 sh	830,605	$42.7M	1.41%	-3.8%
58	LPL Financial#58 · 817,307 sh	817,307	$42.0M	<0.01%	+9.3%
59	Engineers Gate Manager#59 · 814,820 sh	814,820	$41.9M	0.54%	+75.1%
60	Squarepoint Ops#60 · 800,817 sh	800,817	$41.2M	0.05%	+58.0%
61	D. E. Shaw#61 · 749,285 sh	749,285	$38.5M	0.02%	+90.3%
62	Legal & General Group Plc#62 · 740,350 sh	740,350	$38.1M	<0.01%	-13.3%
63	SEI INVESTMENTS#63 · 732,177 sh	732,177	$37.6M	0.03%	+23.6%
64	ENVESTNET ASSET MANAGEMENT#64 · 718,567 sh	718,567	$36.9M	<0.01%	+12.2%
65	Dorsal Capital Management#65 · 650,000 sh	650,000	$33.4M	1.18%	New
66	Kiltearn Partners LLP#66 · 619,627 sh	619,627	$31.9M	7.73%	+5.2%
67	Mitsubishi UFJ Asset Management , Ltd.#67 · 615,600 sh	615,600	$31.7M	0.02%	+5.4%
68	Trexquant Investment#68 · 602,780 sh	602,780	$31.0M	0.18%	-26.6%
69	MANUFACTURERS LIFE INSURANCE COMPANY, THE#69 · 587,410 sh	587,410	$30.2M	0.02%	-5.1%
70	SHELTON CAPITAL MANAGEMENT#70 · 584,323 sh	584,323	$30.0M	0.55%	+23.8%
71	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#71 · 560,059 sh	560,059	$28.8M	<0.01%	+1.1%
72	Gotham Asset Management#72 · 556,138 sh	556,138	$28.6M	0.07%	+86.0%
73	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#73 · 553,543 sh	553,543	$28.5M	0.02%	-29.5%
74	Gradient Investments#74 · 539,612 sh	539,612	$27.7M	—	+19.3%
75	PRINCIPAL FINANCIAL GROUP#75 · 532,553 sh	532,553	$27.4M	0.01%	-2.7%
76	WS MANAGEMENT LLLP#76 · 526,511 sh	526,511	$27.1M	2.37%	-3.7%
77	M&G Plc#77 · 507,343 sh	507,343	$25.9M	0.13%	+10.9%
78	Connor, Clark & Lunn Investment Management Ltd.#78 · 496,959 sh	496,959	$25.6M	0.05%	+13.2%
79	Interval Partners#79 · 484,600 sh	484,600	$24.9M	0.64%	New
80	BANK OF MONTREAL#80 · 459,668 sh	459,668	$23.6M	<0.01%	+36.4%
81	Creative Planning#81 · 459,533 sh	459,533	$23.6M	0.01%	+12.5%
82	Allspring Global Investments#82 · 460,661 sh	460,661	$23.2M	0.04%	+156.5%
83	Jump Financial#83 · 451,428 sh	451,428	$23.2M	0.19%	+745.9%
84	Vest Financial#84 · 448,043 sh	448,043	$23.0M	—	New
85	CREDIT AGRICOLE S A#85 · 436,068 sh	436,068	$22.4M	0.05%	+2.2%
86	ADAGE CAPITAL PARTNERS GP, L.L.C.#86 · 435,577 sh	435,577	$22.4M	0.03%	-9.9%
87	Amundi#87 · 429,332 sh	429,332	$22.1M	<0.01%	-70.6%
88	Calamos Advisors#88 · 416,727 sh	416,727	$21.4M	0.07%	+0.3%
89	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#89 · 390,647 sh	390,647	$20.1M	0.03%	-1.8%
90	NEW YORK STATE TEACHERS RETIREMENT SYSTEM#90 · 386,415 sh	386,415	$19.9M	—	-4.8%
91	JONES FINANCIAL COMPANIES LLLP#91 · 380,358 sh	380,358	$19.7M	<0.01%	-5.9%
92	Ceredex Value Advisors#92 · 382,300 sh	382,300	$19.7M	0.55%	+24.1%
93	PDT Partners#93 · 348,374 sh	348,374	$17.9M	0.94%	+122.1%
94	MARSHALL WACE, LLP#94 · 338,949 sh	338,949	$17.4M	0.01%	-33.5%
95	LOS ANGELES CAPITAL MANAGEMENT#95 · 332,055 sh	332,055	$17.1M	0.06%	+3317.6%
96	ALLIANCEBERNSTEIN L.P.#96 · 445,493 sh	445,493	$16.7M	<0.01%	-11.5%
97	NATIONAL BANK OF CANADA#97 · 295,039 sh	295,039	$15.2M	0.01%	-12.5%
98	STRS OHIO#98 · 286,403 sh	286,403	$14.7M	0.06%	-5.1%
99	Schonfeld Strategic Advisors#99 · 250,010 sh	250,010	$12.9M	0.05%	+47.6%
100	PRUDENTIAL FINANCIAL#100 · 244,890 sh	244,890	$12.6M	0.01%	-1.1%

Funds that sold out of LUV in Q2 2026 (96)

Held LUV at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held LUV in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
VOLORIDGE INVESTMENT MANAGEMENT2,937,132 sh	2,937,132	$110.3M
NORDEA INVESTMENT MANAGEMENT AB1,077,605 sh	1,077,605	$39.1M
Y-Intercept (Hong Kong) Ltd372,178 sh	372,178	$14.0M
THOMIST CAPITAL MANAGEMENT288,001 sh	288,001	$10.8M
RENAISSANCE TECHNOLOGIES197,380 sh	197,380	$7.4M
Weiss Asset Management161,040 sh	161,040	$6.1M
Longaeva Partners L.P.154,535 sh	154,535	$5.8M
Turas Capital Management96,500 sh	96,500	$3.6M
Dorsey Wright & Associates92,052 sh	92,052	$3.5M
ZACKS INVESTMENT MANAGEMENT86,761 sh	86,761	$3.3M
Oak Thistle86,546 sh	86,546	$3.3M
PATTON FUND MANAGEMENT86,047 sh	86,047	$3.2M
Aquatic Capital Management70,285 sh	70,285	$2.6M
Jain Global67,956 sh	67,956	$2.6M
Virtu Financial55,536 sh	55,536	$2.1M
CenterBook Partners54,715 sh	54,715	$2.1M
Vinva Investment Management Ltd38,358 sh	38,358	$2.0M
BRIDGEWAY CAPITAL MANAGEMENT51,500 sh	51,500	$1.9M
Timothy G. Youngquist 2020 Irrevocable50,220 sh	50,220	$1.9M
Bellwether Advisors36,076 sh	36,076	$1.4M
Alphadyne Asset Management35,118 sh	35,118	$1.3M
Lombard Odier Asset Management (USA)34,363 sh	34,363	$1.3M
HIGHLAND CAPITAL MANAGEMENT31,316 sh	31,316	$1.2M
Twin Tree Management29,654 sh	29,654	$1.1M
DRW Securities28,592 sh	28,592	$1.1M
Caitong International Asset Management , Ltd21,570 sh	21,570	$810.4K
VARCOV20,592 sh	20,592	$773.6K
SCOTIA CAPITAL19,239 sh	19,239	$722.8K
LMR Partners LLP18,500 sh	18,500	$695.0K
Nicholas Investment Partners18,385 sh	18,385	$690.7K
Headlands Technologies17,528 sh	17,528	$658.5K
iA Global Asset Management15,404 sh	15,404	$579.0K
GTS SECURITIES15,366 sh	15,366	$577.3K
Employees Retirement System of Texas14,933 sh	14,933	$561.0K
Catalyst Funds Management Pty Ltd14,924 sh	14,924	$560.7K
Golden State Equity Partners13,805 sh	13,805	$518.7K
LEUCADIA NATIONAL11,200 sh	11,200	$420.8K
ExodusPoint Capital Management10,799 sh	10,799	$405.7K
Focus Partners Advisor Solutions10,147 sh	10,147	$380.7K
ABC ARBITRAGE SA10,074 sh	10,074	$378.5K
Three Seasons Wealth9,363 sh	9,363	$353.3K
TRB Wealth Management8,948 sh	8,948	$337.8K
PICTON MAHONEY ASSET MANAGEMENT8,485 sh	8,485	$318.8K
Mitsubishi UFJ & Banking8,461 sh	8,461	$317.9K
INCEPTIONR8,336 sh	8,336	$313.2K
Lake Hills Wealth Management8,104 sh	8,104	$304.5K
United Capital Management of KS7,604 sh	7,604	$285.7K
CMT Capital Markets Trading GmbH7,500 sh	7,500	$282.0K
Narwhal Capital Management7,500 sh	7,500	$281.8K
CAPSTONE INVESTMENT ADVISORS7,261 sh	7,261	$272.8K
HANSEATIC MANAGEMENT SERVICES7,091 sh	7,091	$266.4K
Blueshift Asset Management7,088 sh	7,088	$266.3K
FNY Investment Advisers6,959 sh	6,959	$261.0K
MIRABELLA FINANCIAL SERVICES LLP6,753 sh	6,753	$253.7K
TABR Capital Management6,524 sh	6,524	$245.1K
Triad Wealth Partners6,264 sh	6,264	$235.4K
Magnetar Financial6,329 sh	6,329	$229.7K
TWINBEECH CAPITAL5,988 sh	5,988	$225.0K
Sound Income Strategies3,811 sh	3,811	$145.7K
Neo Ivy Capital Management3,874 sh	3,874	$145.5K
Western Wealth Management3,557 sh	3,557	$133.6K
Quarry3,225 sh	3,225	$121.2K
Root Financial Partners2,127 sh	2,127	$79.9K
VIRTUS ADVISERS1,700 sh	1,700	$63.9K
Global Assets Advisory1,847 sh	1,847	$55.7K
Destiny Wealth Partners1,135 sh	1,135	$42.6K
Scarborough Advisors738 sh	738	$27.7K
Missouri & Investment650 sh	650	$24.4K
CURIO WEALTH468 sh	468	$17.6K
Evergreen Advisors439 sh	439	$16.5K
Tredje AP-fonden406 sh	406	$15.3K
TD Capital Management401 sh	401	$15.1K
Riverview348 sh	348	$13.1K
TWIN PEAKS WEALTH ADVISORS326 sh	326	$12.2K
Trust Co300 sh	300	$11.3K
BLUE BELL PRIVATE WEALTH MANAGEMENT190 sh	190	$7.1K
PFS Partners176 sh	176	$6.6K
TIAA , NATIONAL ASSOCIATION150 sh	150	$5.6K
Caldwell150 sh	150	$5.6K
BFSG143 sh	143	$5.4K
Legacy Wealth Managment119 sh	119	$4.5K
Global Wealth Strategies & Associates100 sh	100	$3.8K
Marquette Asset Management90 sh	90	$3.4K
Portus Wealth Advisors85 sh	85	$3.2K
Raleigh Capital Management79 sh	79	$3.0K
Anchor Investment Management71 sh	71	$2.7K
BELLEVUE ASSET MANAGEMENT71 sh	71	$2.7K
Wealth Preservation Advisors56 sh	56	$2.1K
OGOREK ANTHONY JOSEPH /NY72 sh	72	$2.0K
IFM Investors Pty Ltd43 sh	43	$1.6K
Clayton Financial Group35 sh	35	$1.3K
Bare Financial Services14 sh	14	$526.00
HM PAYSON11 sh	11	$427.00
Clark Wealth Partners8 sh	8	$302.00
Rossby Financial, LCC6 sh	6	$229.00
Innovative Asset Advisors Group1 sh	1	$38.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.