| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| FMR LLC | 7.8% | +16% | $452,106,222 | +$68,053,489 | 5,649,915 | +18% | FMR LLC | 31 Dec 2025 |
| Corvex Management LP | 7% | $366,461,408 | 5,028,975 | Corvex Management LP | 23 May 2025 | |||
| ICAHN CARL C | 5% | -23% | $288,072,000 | -$92,931,787 | 3,600,000 | -24% | Icahn Capital LP | 27 Jan 2026 |
As of 31 Dec 2025, 343 institutional investors reported holding 65,604,190 shares of Southwest Gas Holdings, Inc. - Common Stock, Par Value $1.00 per share (SWX). This represents 91% of the company’s total 72,144,289 outstanding shares.
The largest institutional shareholders of Southwest Gas Holdings, Inc. - Common Stock, Par Value $1.00 per share (SWX) together control 76% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 14% | 10,282,419 | +4.4% | 0.01% | $822,799,189 |
| VANGUARD GROUP INC | 9.7% | 7,011,420 | -0.59% | 0.01% | $561,053,829 |
| ICAHN CARL C | 8.4% | 6,032,604 | 0% | 5.7% | $482,728,972 |
| FMR LLC | 7.8% | 5,649,915 | +18% | 0.02% | $452,106,223 |
| Corvex Management LP | 7% | 5,030,556 | 0% | 13% | $402,545,091 |
| STATE STREET CORP | 3.2% | 2,340,214 | -1.3% | 0.01% | $187,263,924 |
| MAVERICK CAPITAL LTD | 2.8% | 2,048,053 | +4.8% | 1.8% | $163,885,201 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 2.3% | 1,648,496 | +16% | 0.2% | $131,912,650 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.2% | 1,602,100 | +0.6% | 0.01% | $128,219,405 |
| PRINCIPAL FINANCIAL GROUP INC | 1.5% | 1,083,666 | -3.2% | 0.04% | $86,714,954 |
| DIMENSIONAL FUND ADVISORS LP | 1.5% | 1,060,751 | +0.56% | 0.02% | $84,883,454 |
| GABELLI FUNDS LLC | 1.4% | 1,014,287 | +0.41% | 0.55% | $81,163,246 |
| T. Rowe Price Investment Management, Inc. | 1.3% | 968,353 | -35% | 0.05% | $77,488,000 |
| Channing Capital Management, LLC | 1.3% | 922,053 | -0.93% | 1.9% | $73,782,681 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.2% | 892,061 | -3.4% | 0.01% | $71,382,721 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 1.2% | 869,765 | 0% | 0.1% | $69,599,000 |
| FULLER & THALER ASSET MANAGEMENT, INC. | 1.2% | 861,108 | -20% | 0.23% | $68,905,832 |
| NORGES BANK | 1.2% | 836,418 | 0.01% | $66,930,168 | |
| GAMCO INVESTORS, INC. ET AL | 1.1% | 819,286 | -0.54% | 0.63% | $65,559,266 |
| Bank of New York Mellon Corp | 1.1% | 759,795 | -1.7% | 0.01% | $60,798,787 |
| NORTHERN TRUST CORP | 1% | 743,711 | -6.1% | 0.01% | $59,511,754 |
| JPMORGAN CHASE & CO | 0.94% | 679,599 | -62% | 0% | $54,381,512 |
| AQR CAPITAL MANAGEMENT LLC | 0.84% | 604,268 | +50% | 0.03% | $48,353,464 |
| FIRST TRUST ADVISORS LP | 0.7% | 503,524 | -7.8% | 0.03% | $40,291,994 |
| VICTORY CAPITAL MANAGEMENT INC | 0.67% | 481,710 | -4% | 0.02% | $38,546,435 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 65,604,190 | $5,249,871,858 | -$15,941,353 | $80.02 | 343 |
| 2025 Q3 | 66,031,053 | $5,172,797,818 | -$58,596,130 | $78.34 | 332 |
| 2025 Q2 | 66,874,273 | $4,978,789,225 | +$221,389,662 | $74.39 | 327 |
| 2025 Q1 | 64,058,595 | $4,599,502,080 | -$123,108,465 | $71.80 | 345 |
| 2024 Q4 | 65,532,890 | $4,633,786,325 | +$16,823,269 | $70.71 | 309 |
| 2024 Q3 | 65,222,242 | $4,810,932,018 | -$149,643,062 | $73.76 | 295 |
| 2024 Q2 | 66,590,995 | $4,686,871,445 | +$3,077,445 | $70.38 | 286 |
| 2024 Q1 | 66,550,429 | $5,065,756,433 | +$38,034,213 | $76.13 | 286 |
| 2023 Q4 | 66,317,570 | $4,201,274,109 | +$61,863,419 | $63.35 | 278 |
| 2023 Q3 | 65,368,398 | $3,949,024,030 | -$41,551,584 | $60.41 | 277 |
| 2023 Q2 | 65,954,177 | $4,198,007,347 | +$32,106,730 | $63.65 | 269 |
| 2023 Q1 | 65,534,974 | $4,092,274,363 | +$370,234,961 | $62.45 | 277 |
| 2022 Q4 | 59,630,313 | $3,692,459,331 | -$16,349,001 | $61.88 | 295 |
| 2022 Q3 | 59,413,498 | $4,144,714,731 | -$250,705,186 | $69.75 | 277 |
| 2022 Q2 | 59,219,522 | $5,158,629,983 | +$98,361,539 | $87.08 | 285 |
| 2022 Q1 | 58,694,117 | $4,599,662,128 | +$564,097,208 | $78.29 | 305 |
| 2021 Q4 | 51,629,952 | $3,616,447,714 | -$76,566,300 | $70.05 | 274 |
| 2021 Q3 | 52,685,475 | $3,526,539,619 | +$217,931,648 | $66.88 | 259 |
| 2021 Q2 | 49,485,310 | $3,275,754,520 | +$28,080,008 | $66.19 | 271 |
| 2021 Q1 | 49,059,030 | $3,371,071,550 | +$54,690,756 | $68.71 | 279 |
| 2020 Q4 | 48,426,319 | $2,941,306,326 | +$43,994,148 | $60.75 | 275 |
| 2020 Q3 | 47,735,500 | $3,011,747,949 | -$31,985,927 | $63.10 | 270 |
| 2020 Q2 | 48,097,939 | $3,323,673,230 | +$42,911,882 | $69.05 | 265 |
| 2020 Q1 | 47,476,661 | $3,302,767,656 | +$30,070,998 | $69.56 | 262 |
| 2019 Q4 | 46,891,759 | $3,560,540,032 | +$120,208,607 | $75.97 | 293 |
| 2019 Q3 | 45,447,962 | $4,135,928,746 | -$867,048 | $91.04 | 301 |
| 2019 Q2 | 45,446,335 | $4,071,987,863 | +$134,608,766 | $89.62 | 281 |
| 2019 Q1 | 44,427,824 | $3,654,514,184 | -$3,730,400 | $82.26 | 293 |
| 2018 Q4 | 44,519,868 | $3,405,692,829 | +$279,588,353 | $76.50 | 274 |
| 2018 Q3 | 40,758,500 | $3,213,886,042 | -$40,504,182 | $79.03 | 276 |
| 2018 Q2 | 41,283,249 | $3,148,616,046 | +$185,089,141 | $76.27 | 273 |
| 2018 Q1 | 38,924,978 | $2,639,183,056 | +$19,966,624 | $67.63 | 269 |
| 2017 Q4 | 38,462,945 | $3,094,288,978 | +$136,654,716 | $80.48 | 264 |
| 2017 Q3 | 36,709,764 | $2,850,614,124 | -$25,177,836 | $77.62 | 236 |
| 2017 Q2 | 37,124,155 | $2,717,478,327 | -$42,471,329 | $73.06 | 261 |
| 2017 Q1 | 37,531,607 | $3,108,385,317 | +$458,608,458 | $82.91 | 254 |
| 2016 Q4 | 37,380,772 | $2,864,059,435 | +$8,661,360 | $76.62 | 242 |
| 2016 Q3 | 37,336,475 | $2,606,272,385 | -$83,293,358 | $69.86 | 243 |
| 2016 Q2 | 38,365,040 | $3,019,367,598 | +$25,879,330 | $78.71 | 240 |
| 2016 Q1 | 38,195,205 | $2,514,804,904 | +$36,374,592 | $65.85 | 218 |
| 2015 Q4 | 37,661,724 | $2,077,608,786 | +$27,357,407 | $55.16 | 206 |
| 2015 Q3 | 37,138,952 | $2,165,324,010 | +$3,097,745 | $58.32 | 206 |
| 2015 Q2 | 36,783,480 | $1,957,230,849 | +$36,655,606 | $53.21 | 203 |
| 2015 Q1 | 36,057,736 | $2,098,008,727 | -$847,198 | $58.17 | 190 |
| 2014 Q4 | 36,097,912 | $2,231,444,436 | -$1,557,434 | $61.81 | 183 |
| 2014 Q3 | 36,248,561 | $1,760,978,461 | +$19,862,785 | $48.58 | 181 |
| 2014 Q2 | 35,827,887 | $1,891,292,796 | -$876,943 | $52.79 | 195 |
| 2014 Q1 | 35,858,268 | $1,916,512,871 | -$24,146,992 | $53.45 | 193 |