Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
842 institutional managers reported holding LUV for the quarter ended Mar 31, 2026. Together they hold about 86% of shares outstanding; the top 10 hold 57%. 133 opened new positions; 123 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Vanguard Group | 58.92M | 11.71% | $2.21B | trimmed -2.8% | ≤2013 |
| PRIMECAP Management | 47.07M | 9.36% | $1.77B | trimmed -0.7% | ≤2013 |
| Franklin Resources | 44.39M | 8.82% | $1.67B | added +10.4% | 2015 Q1 |
| Elliott Investment Management (focused) | 30.35M | 6.03% | $1.14B | trimmed -40.6% | 2024 Q2 |
| State Street | 29.52M | 5.87% | $1.11B | trimmed -5.5% | ≤2013 |
| BlackRock | 28.57M | 5.68% | $1.07B | trimmed -2.3% | ≤2013 |
| T. Rowe Price | 13.89M | 2.76% | $522.4M | trimmed -19.1% | ≤2013 |
| Geode Capital | 12.98M | 2.58% | $487.8M | added +0.7% | ≤2013 |
| Ameriprise Financial INC | 9.98M | 1.99% | $375.4M | added +2.5% | ≤2013 |
| FMR (Fidelity) | 9.76M | 1.94% | $367.1M | added +161.3% | ≤2013 |
| Invesco | 6.52M | 1.30% | $245.0M | added +12% | ≤2013 |
| Bank OF America CORP /DE/ | 6.27M | 1.25% | $235.8M | trimmed -9.6% | ≤2013 |
| Dimensional Fund Advisors | 5.76M | 1.15% | $216.7M | added +2.1% | ≤2013 |
| Morgan Stanley | 5.73M | 1.14% | $215.5M | trimmed -8% | ≤2013 |
| PAR Capital Management INC (focused) | 5.22M | 1.04% | $196.2M | added +5.4% | 2020 Q1 |
| Qube Research & Technologies LTD | 5.16M | 1.03% | $194.0M | opened | 2026 Q1 |
| Arrowstreet Capital | 4.86M | 0.97% | $182.6M | trimmed -37.6% | 2025 Q1 |
| BNY Mellon | 3.92M | 0.78% | $147.5M | added +4.7% | ≤2013 |
| Northern Trust | 3.82M | 0.76% | $143.5M | trimmed -2.7% | ≤2013 |
| Goldman Sachs | 3.52M | 0.70% | $132.3M | trimmed -78.8% | ≤2013 |
| Charles Schwab Investment Management | 3.41M | 0.68% | $128.1M | trimmed -2.5% | ≤2013 |
| UBS | 3.10M | 0.62% | $116.4M | trimmed -61.4% | ≤2013 |
| Voloridge Investment Management | 2.94M | 0.58% | $110.4M | added +1631.9% | 2025 Q1 |
| MFS Investment Management | 2.92M | 0.58% | $109.8M | trimmed -15.9% | 2025 Q4 |
| Crake Asset Management LLP (focused) | 2.92M | 0.58% | $109.8M | added +115.3% | 2025 Q2 |
| Federated Hermes, INC. | 2.80M | 0.56% | $105.1M | added +173% | 2025 Q2 |
| Jane Street | 2.78M | 0.55% | $104.7M | added +54% | 2014 Q1 |
| Jacobs Levy Equity Management, INC | 2.61M | 0.52% | $98.3M | trimmed -2.1% | 2022 Q2 |
| Barclays PLC | 2.56M | 0.51% | $96.4M | trimmed -11.8% | ≤2013 |
| American Century Companies INC | 2.12M | 0.42% | $79.5M | trimmed -32.3% | ≤2013 |
| Raymond James Financial INC | 2.01M | 0.40% | $75.5M | added +29.2% | ≤2013 |
| Sound Shore Management INC /CT/ (focused) | 2.00M | 0.40% | $75.3M | trimmed -20.6% | 2024 Q4 |
| Citadel Advisors | 1.93M | 0.38% | $72.7M | added +5.9% | ≤2013 |
| U S Global Investors INC | 1.67M | 0.33% | $62.7M | trimmed -20.8% | 2015 Q2 |
| Millennium Management | 1.54M | 0.31% | $58.1M | added +143.3% | ≤2013 |
| Amundi | 1.46M | 0.29% | $54.9M | added +42.7% | 2014 Q3 |
| Rhumbline Advisers | 1.27M | 0.25% | $47.9M | trimmed -2.5% | ≤2013 |
| Nuveen | 1.20M | 0.24% | $45.2M | trimmed -0.6% | ≤2013 |
| Royal Bank OF Canada | 1.11M | 0.22% | $41.6M | trimmed -43.5% | ≤2013 |
| Nordea Investment Management AB | 1.08M | 0.21% | $40.5M | added +40.1% | 2025 Q4 |
| SG Americas Securities, LLC | 1.06M | 0.21% | $39.9M | trimmed -71.7% | ≤2013 |
| Deutsche Bank AG\ | 1.04M | 0.21% | $39.2M | added +18% | 2013 Q3 |
| Balyasny Asset Management | 1.02M | 0.20% | $38.5M | added +29.8% | 2025 Q4 |
| Fort Washington Investment Advisors INC /OH/ | 969.8k | 0.19% | $36.5M | trimmed -22.8% | 2015 Q3 |
| Hsbc Holdings PLC | 917.7k | 0.18% | $34.5M | trimmed -2.3% | ≤2013 |
| Cookson Peirce & CO INC | 863.3k | 0.17% | $32.5M | opened | 2026 Q1 |
| Legal & General Group PLC | 854.3k | 0.17% | $32.1M | unchanged | ≤2013 |
| Trexquant Investment LP | 820.7k | 0.16% | $30.9M | added +153.4% | 2025 Q4 |
| CalPERS | 785.4k | 0.16% | $29.5M | trimmed -1.9% | ≤2013 |
| LPL Financial LLC | 748.0k | 0.15% | $28.1M | trimmed -0.8% | ≤2013 |
Largest 50 of 842 shown; the full ranked, searchable register is at boothcheck.com/holders/LUV. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.