Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Southwest Airls Co (LUV)

858 + Investors. Track Smart Money conviction in LUV. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +21
Streak
2Q ▲
Buyers last Q
51%

Smart Money Signals — LUV

Based on 867 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added LUV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
867 hedge funds hold LUV right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+67 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

441 buying418 selling
Last quarter: 441 funds bought or added vs 418 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-22 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 116 → 82 → 172 → 150. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 18% medium ■ 16% new
571 out of 867 hedge funds have held LUV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

117 → 116 → 82 → 172 → 150 new funds/Q
New funds entering each quarter: 116 → 82 → 172 → 150. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 73% veterans vs 18% newcomers

■ 73% veterans ■ 9% 1-2yr ■ 18% new
Entry-cohort mix of 922 holders: 676 (73%) are 2+ year veterans, 81 entered 1–2 years ago, and 165 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
58 of 863 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in LUV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — LUV

In 2026 Q1, 441 hedge funds were net buyers of LUV (150 opened a new position, 291 added to an existing one), while 418 reduced or exited (289 trimmed, 129 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 56% of total institutional value in LUV is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +21 funds (more new holders than closures). Total institutional holders: 867.

Hedge Fund Ownership: LUV

How many hedge funds hold LUV — quarterly history vs. share price
Quarterly hedge fund ownership of LUV vs. share price

Market Analysis: LUV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LUV

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Southwest Airls Co (LUV) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LUV has moved relative to its sector benchmark (XLI) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
LUV
+26.2%
XLI
+10.5%

LUV outperformed XLI by +15.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
LUV
+23.2%
XLI
+4.2%

Since the filing became public, LUV outperformed XLI by +19.0% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

50 top-rated funds 5 high-conviction
Consensus
7.4
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: LUV
858 + Investors

Track Smart Money conviction in LUV. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 858 846 1.42%
13F Shares 456M 507M -10.23%
Total Value $16.48B $20.25B -18.59%
New Positions 147 172 -25
Increased Positions 283 222 +61
Closed Positions 135 85 +50
Reduced Positions 273 292 -19
Total Calls 26 23 13.04%
Total Puts 31 27 14.81%
PUT/CALL Ratio 1.19 1.17 Neutral

Statistics: LUV

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

858 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LUV. Verified SEC 13F-HR filings.

QUARTER:
Top 25 LUV holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 U S Global Investors Inc 7.31% 1,668,355 $62.7M
2 Kiltearn Partners LLP 5.95% 588,883 $22.1M
3 Par Capital Management Inc 5.68% 5,219,192 $196.1M
4 Elliott Investment Management L.P. 5.67% 30,346,000 $1.14B
5 Crake Asset Management LLP 3.83% 2,919,976 $109.7M
6 Thomist Capital Management, LP 2.91% 288,001 $10.8M
7 Sound Shore Management Inc /Ct/ 2.52% 2,001,977 $75.2M
8 Cambridge Financial Group, Inc. 2.47% 176,080 $6.6M
9 Twin Lakes Capital Management, LLC 1.84% 107,617 $4.0M
10 Ws Management Lllp 1.81% 546,511 $20.5M
11 Teewinot Capital Advisers, L.L.C. 1.59% 530,081 $19.9M
12 Primecap Management Co/Ca/ 1.39% 47,069,495 $1.77B
13 Cookson Peirce & Co Inc 1.37% 863,345 $32.4M
14 Kercheville Advisors, LLC 1.08% 90,174 $3.4M
15 Game Creek Capital, LP 1.03% 82,125 $3.1M
16 Navigation Wealth Management, Inc. 0.99% 7,292 $274K
17 Turas Capital Management LP 0.93% 96,500 $3.6M
18 Schwerin Boyle Capital Management Inc 0.88% 183,927 $6.9M
19 Nfj Investment Group, LLC 0.81% 571,281 $21.5M
20 Athena Wealth Management, LLC 0.73% 18,125 $749K
21 Nomura Holdings Inc 0.68% 6,800,000 $255.5M
22 Gerald Baker Financial Group LLC 0.65% 49,165 $1.7M
23 Tanglewood Legacy Advisors, LLC 0.63% 46,464 $1.7M
24 Patton Fund Management, INC. 0.55% 86,047 $3.2M
25 Greenfield Seitz Capital Management, LLC 0.52% 45,968 $1.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Southwest Airls Co (LUV)

What does the Smart Money Trend signal show for LUV?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added LUV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for LUV?

Slight buying edge — 51% buying: Last quarter: 441 funds bought or added vs 418 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for LUV holders?

Elite ownership — 56% AUM from top-100 funds: 58 of 863 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in LUV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held LUV?

66% of holders stayed for 2+ years: 571 out of 867 hedge funds have held LUV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Southwest Airls Co (LUV) following the 2026 Q1 hedge fund 13F filings?

As of today, LUV has moved +23.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.2% for the XLI sector ETF — an outperformance of +19.0%. Since the quarter end (March 31, 2026), LUV has gained +26.2% vs +10.5% for XLI. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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