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Institutional Ownership · SEC Form 13F

Who owns LUV (LUV)


Which tracked institutional funds hold LUV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LUV company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

863
Institutional holders
431,154,024
Shares held (tracked funds)

How the tape is positioned

134 tracked funds added or opened LUV while 199 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

LUV’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes LUV more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in LUV divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 863 tracked filers holding LUV, 426 increased or opened the position and 410 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in LUV between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 56

  • VANGUARD CAPITAL MANAGEMENT LLC$1.2B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$869M
  • Qube Research & Technologies Ltd$194M
  • VANGUARD FIDUCIARY TRUST CO$104M
  • Vanguard Global Advisers, LLC$41M
  • COOKSON PEIRCE & CO INC$32M

Full exits 36

  • VANGUARD GROUP INC$2.5B
  • Capitolis Liquid Global Markets LLC$142M
  • Nearwater Capital Markets, Ltd$116M
  • MIZUHO MARKETS AMERICAS LLC$55M
  • Oldfield Partners LLP$35M
  • Silver Point Capital L.P.$27M

Largest adds

  • FMR LLC$211M
  • VOLORIDGE INVESTMENT MANAGEMENT, LLC$103M
  • FEDERATED HERMES, INC.$63M
  • Crake Asset Management LLP$54M
  • MILLENNIUM MANAGEMENT LLC$32M
  • JANE STREET GROUP, LLC$30M

Largest trims

  • Elliott Investment Management L.P.$973M
  • GOLDMAN SACHS GROUP INC$555M
  • BlackRock, Inc.$323M
  • UBS Group AG$213M
  • PRIMECAP MANAGEMENT CO/CA/$190M
  • PRICE T ROWE ASSOCIATES INC /MD/$187M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
PRIMECAP MANAGEMENT CO/CA/ trimmed47,069,495$1.8B9.3%2026-Q1
FRANKLIN RESOURCES INC added44,386,408$1.7B8.8%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new31,644,632$1.2B6.3%2026-Q1
Elliott Investment Management L.P. trimmed30,346,000$1.1B6.0%2026-Q1
STATE STREET CORP trimmed29,519,791$1.1B5.9%2026-Q1
BlackRock, Inc. trimmed23,586,090$886M4.7%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new23,130,148$869M4.6%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed13,894,699$522M2.7%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added12,975,720$487M2.6%2026-Q1
AMERIPRISE FINANCIAL INC added9,984,432$375M2.0%2026-Q1
FMR LLC added9,727,045$365M1.9%2026-Q1
Invesco Ltd. added6,467,293$243M1.3%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed6,273,083$236M1.2%2026-Q1
DIMENSIONAL FUND ADVISORS LP added5,763,154$216M1.1%2026-Q1
MORGAN STANLEY trimmed5,731,005$215M1.1%2026-Q1
PAR CAPITAL MANAGEMENT INC added5,219,192$196M1.0%2026-Q1
Qube Research & Technologies Ltd added5,159,735$194M1.0%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed4,858,283$183M1.0%2026-Q1
JPMORGAN CHASE & CO trimmed4,401,436$160M0.8%2026-Q1
Bank of New York Mellon Corp added3,924,407$147M0.8%2026-Q1
NORTHERN TRUST CORP trimmed3,815,812$143M0.8%2026-Q1
GOLDMAN SACHS GROUP INC trimmed3,518,630$132M0.7%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed3,407,080$128M0.7%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC added2,937,132$110M0.6%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed2,920,605$110M0.6%2026-Q1
Crake Asset Management LLP added2,919,976$110M0.6%2026-Q1
FEDERATED HERMES, INC. added2,795,269$105M0.6%2026-Q1
JANE STREET GROUP, LLC added2,784,768$105M0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,769,264$104M0.5%2026-Q1
JACOBS LEVY EQUITY MANAGEMENT, INC trimmed2,613,887$98M0.5%2026-Q1
BARCLAYS PLC trimmed2,563,302$96M0.5%2026-Q1
UBS Group AG trimmed2,543,380$96M0.5%2026-Q1
AMERICAN CENTURY COMPANIES INC trimmed2,115,353$79M0.4%2026-Q1
RAYMOND JAMES FINANCIAL INC added2,009,355$75M0.4%2026-Q1
SOUND SHORE MANAGEMENT INC /CT/ trimmed2,001,977$75M0.4%2026-Q1
CITADEL ADVISORS LLC added1,933,834$73M0.4%2026-Q1
U S GLOBAL INVESTORS INC trimmed1,668,355$63M0.3%2026-Q1
MILLENNIUM MANAGEMENT LLC added1,544,748$58M0.3%2026-Q1
Amundi added1,461,344$55M0.3%2026-Q1
RHUMBLINE ADVISERS trimmed1,274,165$48M0.3%2026-Q1
Nuveen, LLC trimmed1,201,153$45M0.2%2026-Q1
ROYAL BANK OF CANADA trimmed1,107,727$42M0.2%2026-Q1
Vanguard Global Advisers, LLC new1,081,846$41M0.2%2026-Q1
SG Americas Securities, LLC trimmed1,062,063$40M0.2%2026-Q1
DEUTSCHE BANK AG\ added1,041,843$39M0.2%2026-Q1
NORDEA INVESTMENT MANAGEMENT AB added1,077,605$39M0.2%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added1,023,625$38M0.2%2026-Q1
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ trimmed969,797$36M0.2%2026-Q1
HSBC HOLDINGS PLC trimmed917,687$34M0.2%2026-Q1
NORGES BANK trimmed1,015,786$34M0.2%2026-Q1
COOKSON PEIRCE & CO INC added863,345$32M0.2%2026-Q1
Legal & General Group Plc trimmed854,332$32M0.2%2026-Q1
Trexquant Investment LP added820,690$31M0.2%2026-Q1
California Public Employees Retirement System trimmed785,399$30M0.2%2026-Q1
LPL Financial LLC trimmed748,011$28M0.1%2026-Q1
Bridgewater Associates, LP added700,368$26M0.1%2026-Q1
CITIGROUP INC trimmed688,110$26M0.1%2026-Q1
Russell Investments Group, Ltd. added687,756$26M0.1%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed683,554$26M0.1%2026-Q1
FIRST TRUST ADVISORS LP added651,106$24M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added640,578$24M0.1%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed618,678$23M0.1%2026-Q1
WELLS FARGO & COMPANY/MN added616,027$23M0.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC added613,417$23M0.1%2026-Q1
SEI INVESTMENTS CO added592,515$22M0.1%2026-Q1
Kiltearn Partners LLP trimmed588,883$22M0.1%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added584,284$22M0.1%2026-Q1
NFJ INVESTMENT GROUP, LLC added571,281$21M0.1%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed553,965$21M0.1%2026-Q1
ALLIANCEBERNSTEIN L.P. added503,407$21M0.1%2026-Q1
PRINCIPAL FINANCIAL GROUP INC trimmed547,600$21M0.1%2026-Q1
WS MANAGEMENT LLLP trimmed546,511$21M0.1%2026-Q1
Teewinot Capital Advisers, L.L.C. new530,081$20M0.1%2026-Q1
Squarepoint Ops LLC added506,981$19M0.1%2026-Q1
MARSHALL WACE, LLP added503,716$19M0.1%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. added483,377$18M0.1%2026-Q1
SHELTON CAPITAL MANAGEMENT trimmed472,087$18M0.1%2026-Q1
Engineers Gate Manager LP added465,426$17M0.1%2026-Q1
Assenagon Asset Management S.A. added462,903$17M0.1%2026-Q1
M&G PLC trimmed457,469$17M0.1%2026-Q1
Gradient Investments LLC trimmed452,466$17M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed441,701$17M0.1%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added439,168$16M0.1%2026-Q1
CREDIT AGRICOLE S A trimmed426,780$16M0.1%2026-Q1
Calamos Advisors LLC added415,532$16M0.1%2026-Q1
Creative Planning added408,404$15M0.1%2026-Q1
VANGUARD GROUP INC trimmed60,362,151$2.5B13.1%2025-Q4 stale
Artisan Partners Limited Partnership trimmed10,748,649$343M1.8%2025-Q3 stale
Capital World Investors added8,468,269$275M1.4%2025-Q2 stale
Capitolis Liquid Global Markets LLC added3,443,500$142M0.7%2025-Q4 stale
Interval Partners, LP added4,017,235$128M0.7%2025-Q3 stale
Nearwater Capital Markets, Ltd added2,800,000$116M0.6%2025-Q4 stale
Alyeska Investment Group, L.P. added1,674,920$56M0.3%2025-Q1 stale
MIZUHO MARKETS AMERICAS LLC added1,338,500$55M0.3%2025-Q4 stale
Oldfield Partners LLP trimmed857,300$35M0.2%2025-Q4 stale
Greenbrier Partners Capital Management, LLC trimmed938,909$32M0.2%2025-Q1 stale
Silver Point Capital L.P. added650,000$27M0.1%2025-Q4 stale
ALPS ADVISORS INC added774,928$25M0.1%2025-Q3 stale
ING GROEP NV added592,935$25M0.1%2025-Q4 stale
Woodline Partners LP added513,223$16M0.1%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership