SOUTHWEST AIRLINES CO - Common Stock, par value $1.00 per share (LUV)

Historical Holders from Q1 2014 to Q4 2025

Type / Class: Equity / Common Stock, par value $1.00 per share
Symbol: LUV on NYSE
Shares outstanding: 516,449,495
Price per share: $41.33
All holders as of 30 Sep 2025: Q3 2025
Total 13F shares as of 30 Sep 2025: 514,895,527
Total reported value: $16,431,241,743
% of total 13F portfolios: 0.01%
Share change: +13,072,962
Value change: +$411,146,609
Avg buy value change: +0%
Avg sell value change: -0%
Number of holders: 748
Price from insider filings: $37.36

Reported Shares, Excluding Options vs Price

Reported Value, Excluding Options

Total Investors

Significant Owners of SOUTHWEST AIRLINES CO - Common Stock, par value $1.00 per share (LUV) based on Schedule 13D/G filings

Filer	Ownership	Change %	Holdings Value	Net Change	Nb Shares	Change %	Reporting Name	Report Period
Elliott Investment Management L.P.	9.9%	+2%	$1,701,556,480		51,128,500	0%	Elliott Investment Management L.P.	12 Dec 2025
FRANKLIN RESOURCES INC	6.7%	+34%	$1,322,591,251	+$199,001,696	35,410,743	+18%	Franklin Resources, Inc.	30 Jun 2025
Capital World Investors	4.4%		$693,614,380		26,026,806		Capital World Investors	28 Feb 2025

As of 30 Sep 2025, SOUTHWEST AIRLINES CO - Common Stock, par value $1.00 per share (LUV) has 748 institutional shareholders filing 13F forms. They hold 514,895,527 shares. of 516,449,495 outstanding shares (100%) .

Top 25 institutional shareholders own 82% of the company.

Filer	Ownership	Nb Shares	Share Change %	Portfolio %	Holdings Value
VANGUARD GROUP INC	12%	61,040,835	-7.7%	0.03%	$1,947,813,044
Elliott Investment Management L.P.	9.9%	51,128,500	-5.3%	12%	$1,631,510,435
PRIMECAP MANAGEMENT CO/CA/	9.3%	47,996,113	-1.7%	1.2%	$1,531,555,968
FRANKLIN RESOURCES INC	7.3%	37,487,566	+6.1%	0.3%	$1,196,228,232
STATE STREET CORP	6.3%	32,562,717	-5.5%	0.04%	$1,039,076,299
BlackRock, Inc.	5.5%	28,594,289	-8.4%	0.02%	$912,443,752
UBS Group AG	5.5%	28,282,033	+174%	0.18%	$902,479,672
PRICE T ROWE ASSOCIATES INC /MD/	3.6%	18,576,163	-3.1%	0.06%	$592,767,000
GEODE CAPITAL MANAGEMENT, LLC	2.5%	13,034,898	-6.6%	0.03%	$415,157,523
AMERIPRISE FINANCIAL INC	2.4%	12,335,167	+44%	0.09%	$393,615,458
JPMORGAN CHASE & CO	2.4%	12,218,086	+11%	0.02%	$389,879,192
Artisan Partners Limited Partnership	2.1%	10,748,649	-0.14%	0.49%	$342,989,390
GOLDMAN SACHS GROUP INC	1.7%	8,897,240	+161%	0.04%	$283,910,940
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1.7%	8,863,872	-12%	0.18%	$282,846,156
Invesco Ltd.	1.3%	6,837,197	+9.2%	0.03%	$218,174,956
BANK OF AMERICA CORP /DE/	1.2%	6,338,985	+5.4%	0.02%	$202,276,998
MORGAN STANLEY	1.2%	5,983,584	+1.8%	0.01%	$190,936,254
DIMENSIONAL FUND ADVISORS LP	1.1%	5,808,994	-0.18%	0.04%	$185,408,842
PAR CAPITAL MANAGEMENT INC	0.96%	4,950,192	-16%	4.7%	$157,960,627
AMERICAN CENTURY COMPANIES INC	0.86%	4,425,339	+0.6%	0.07%	$141,212,663
NORTHERN TRUST CORP	0.78%	4,027,471	-7.6%	0.02%	$128,516,599
Interval Partners, LP	0.78%	4,017,235		2.7%	$128,189,969
NOMURA HOLDINGS INC	0.75%	3,862,036	+20%	0.66%	$123,237,568
FMR LLC	0.71%	3,663,067	-40%	0.01%	$116,888,491
JACOBS LEVY EQUITY MANAGEMENT, INC	0.7%	3,625,754	+2.9%	0.46%	$115,697,810

Institutional Holders of SOUTHWEST AIRLINES CO - Common Stock, par value $1.00 per share (LUV) across Reporting Periods

Period	Reported Shares, Excl. Options	Value, Excl. Options	Value Change	Puts Notional Value	Calls Notional Value	Price (% of par)	Investors
2025 Q4	6,023,552	$249,179,913	+$178,612,950			4,133%	28
2025 Q3	514,895,527	$16,431,241,743	+$411,146,609	$568,423,443	$415,625,710	3,191%	748
2025 Q2	501,258,856	$16,267,021,945	-$885,110,319	$600,261,630	$601,860,977	3,244%	784
2025 Q1	528,528,782	$17,749,703,922	-$702,339,497	$556,090,680	$407,800,653	3,358%	801
2024 Q4	549,047,621	$18,464,294,182	+$302,420,593	$460,801,976	$321,587,122	3,362%	822
2024 Q3	540,288,324	$16,053,588,996	+$136,997,349	$488,029,771	$427,619,185	2,963%	787
2024 Q2	536,353,198	$15,343,904,557	+$1,633,385,900	$442,824,644	$577,821,856	2,861%	753
2024 Q1	478,955,915	$13,981,028,017	+$470,640,603	$413,874,194	$295,726,988	2,919%	777
2023 Q4	475,768,910	$13,746,901,697	-$52,228,987	$490,491,148	$378,351,792	2,888%	781
2023 Q3	477,796,781	$12,934,660,171	+$245,241,646	$316,709,290	$254,207,265	2,707%	751
2023 Q2	465,995,263	$16,877,665,062	+$535,602,749	$412,466,437	$311,714,328	3,621%	840
2023 Q1	452,665,303	$14,728,473,002	+$158,456,749	$305,560,518	$186,131,041	3,254%	833
2022 Q4	448,260,911	$15,094,092,114	+$46,669,135	$301,514,796	$258,943,869	3,367%	912
2022 Q3	445,691,670	$13,755,925,474	-$751,886,360	$209,083,536	$248,224,552	3,084%	855
2022 Q2	453,026,310	$16,367,166,211	+$18,668,709	$287,194,194	$274,393,546	3,612%	914
2022 Q1	453,468,466	$20,766,498,014	-$10,287,506	$409,451,960	$470,117,020	4,580%	990
2021 Q4	453,792,314	$19,444,109,841	-$280,901,093	$610,927,824	$577,022,404	4,284.01%	968
2021 Q3	458,066,055	$23,558,600,715	+$19,759,922	$604,647,004	$642,692,751	5,142.96%	1,003
2021 Q2	457,394,573	$24,279,116,706	-$353,475,389	$508,385,214	$363,669,147	5,308.98%	1,008
2021 Q1	463,232,155	$28,285,980,597	+$946,554,185	$575,235,018	$600,966,454	6,105.99%	1,052
2020 Q4	450,426,678	$20,994,092,495	+$604,646,863	$542,955,000	$464,137,000	4,661%	997
2020 Q3	438,665,657	$16,450,460,487	+$271,395,310	$363,243,000	$359,466,000	3,750%	859
2020 Q2	431,562,427	$14,740,717,902	+$382,966,298	$335,067,000	$345,749,000	3,417.99%	857
2020 Q1	421,280,652	$14,976,578,764	-$896,063,219	$181,485,000	$137,856,000	3,561%	768
2019 Q4	443,535,888	$23,938,691,970	+$264,943,499	$237,792,000	$141,924,000	5,398.01%	891
2019 Q3	437,805,764	$23,639,426,243	-$264,049,870	$182,597,000	$145,108,000	5,400.97%	840
2019 Q2	442,982,848	$22,473,035,883	-$373,901,376	$202,758,000	$139,814,000	5,078%	865
2019 Q1	454,620,262	$23,577,868,058	+$666,691,718	$264,250,000	$304,334,000	5,190.99%	874
2018 Q4	442,379,496	$20,548,503,710	-$406,996,177	$164,940,000	$201,330,000	4,648%	864
2018 Q3	448,449,237	$27,964,906,673	+$46,725,515	$219,067,000	$363,414,000	6,244.98%	871
2018 Q2	449,249,172	$22,831,703,331	-$1,085,293,680	$295,139,000	$221,716,000	5,087.99%	859
2018 Q1	465,324,001	$26,622,551,750	-$424,284,993	$213,920,744	$165,744,072	5,727.99%	870
2017 Q4	471,478,488	$30,808,642,776	+$79,001,851	$310,276,315	$476,168,080	6,545%	906
2017 Q3	469,433,174	$26,277,979,810	-$464,069,224	$244,932,000	$290,597,000	5,597.99%	796
2017 Q2	478,001,071	$29,694,432,723	-$408,609,079	$136,324,000	$177,313,000	6,213.98%	802
2017 Q1	485,131,030	$26,079,348,921	+$1,300,191,765	$154,828,000	$153,955,000	5,376%	775
2016 Q4	497,580,585	$24,774,954,159	+$1,270,985,996	$155,038,000	$182,174,000	4,984%	737
2016 Q3	473,686,405	$18,417,063,711	-$517,325,041	$114,600,000	$187,695,000	3,889%	716
2016 Q2	487,489,606	$19,113,456,999	-$934,477,947	$135,078,000	$143,771,000	3,921%	740
2016 Q1	509,765,597	$22,835,505,051	+$17,945,740	$77,281,000	$118,543,000	4,480%	760
2015 Q4	509,137,839	$21,924,622,160	+$12,963,730	$133,501,000	$227,938,000	4,306%	743
2015 Q3	509,137,379	$19,367,919,366	-$62,709,311	$129,550,000	$174,695,000	3,803.99%	675
2015 Q2	511,486,345	$16,926,356,948	-$409,247,726	$170,271,000	$161,138,000	3,309%	669
2015 Q1	520,971,119	$23,079,873,978	-$45,685,795	$153,624,000	$101,061,000	4,429.98%	714
2014 Q4	522,270,662	$22,108,108,056	-$578,012,789	$121,778,000	$194,510,000	4,231.99%	683
2014 Q3	535,549,553	$18,084,413,271	-$429,042,470	$80,319,000	$92,740,000	3,376.99%	578
2014 Q2	549,304,480	$14,760,742,921	-$143,423,029	$30,663,000	$48,019,000	2,686%	558
2014 Q1	560,583,813	$13,234,689,420	+$39,798,318	$44,126,000	$50,888,000	2,361%	505