Southwest Airlines Co.
MX ˙ BMV ˙ US8447411088
SecurityMX:LUV / Southwest Airlines Co.
InstitutionHodges Capital Management Inc.
Latest Disclosed Ownership83,308 shares
Latest Disclosed Value $ 3,129,868
Hodges Capital Management Inc. ownership in LUV / Southwest Airlines Co.

On April 28, 2026 - Hodges Capital Management Inc. filed a 13F-HR form disclosing ownership of 83,308 shares of Southwest Airlines Co. (MX:LUV) valued at $3,129,868 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2024 disclosing 0 shares of Southwest Airlines Co..

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-28 2026-03-31 13F Southwest Airlines COM 844741108 83,308 83,308 3,130 0.2590
2024-02-13 2023-12-31 13F SOUTHWEST AIRLS COM 844741108 0 -10,399 -100.00 0 0.0000
2023-11-14 2023-09-30 13F SOUTHWEST AIRLS COM 844741108 10,399 10,399 0 0.0333
2023-08-07 2023-06-30 13F SOUTHWEST AIRLS COM 844741108 0 -24,741 -100.00 0 0.0291
2023-05-15 2023-03-31 13F SOUTHWEST AIRLS COM 844741108 24,741 -6,217 -20.08 1 -100.00 0.0802
2023-02-03 2022-12-31 13F SOUTHWEST AIRLS COM 844741108 30,958 -15,565 -33.46 1 -99.93 0.0903
2022-10-21 2022-09-30 13F SOUTHWEST AIRLS COM 844741108 46,523 -11,035 -19.17 1,436 -30.93 0.2363
2022-07-28 2022-06-30 13F SOUTHWEST AIRLS COM 844741108 57,558 4,275 8.02 2,079 -14.80 0.2099
2022-05-12 2022-03-31 13F SOUTHWEST AIRLS COM 844741108 53,283 -1,100 -2.02 2,440 4.72 0.1939
2022-02-07 2021-12-31 13F SOUTHWEST AIRLS COM 844741108 54,383 6,628 13.88 2,330 -5.13 0.1689
2021-10-06 2021-09-30 13F SOUTHWEST AIRLS COM 844741108 47,755 -1,067 -2.19 2,456 -5.25 0.1804
2021-07-06 2021-06-30 13F SOUTHWEST AIRLS COM 844741108 48,822 -333 -0.68 2,592 -13.63 0.2905
2021-04-07 2021-03-31 13F SOUTHWEST AIRLS COM 844741108 49,155 -60,800 -55.30 3,001 -41.44 0.4151
2021-02-01 2020-12-31 13F SOUTHWEST AIRLS COM 844741108 109,955 -55,325 -33.47 5,125 -17.31 0.8076
2020-10-15 2020-09-30 13F SOUTHWEST AIRLS COM 844741108 165,280 -36,218 -17.97 6,198 -10.00 1.2024
2020-07-22 2020-06-30 13F SOUTHWEST AIRLS COM 844741108 201,498 148,333 279.00 6,887 263.81 1.4061
2020-05-04 2020-03-31 13F SOUTHWEST AIRLS COM 844741108 53,165 -13,243 -19.94 1,893 -47.20 0.4841
2020-02-04 2019-12-31 13F SOUTHWEST AIRLS COM 844741108 66,408 808 1.23 3,585 1.19 0.4713
2019-11-14 2019-09-30 13F SOUTHWEST AIRLS COM 844741108 65,600 -3,901 -5.61 3,543 0.40 0.4082
2019-08-22 2019-06-30 13F SOUTHWEST AIRLS COM 844741108 69,501 -644 -0.92 3,529 -3.08 0.3819
2019-04-15 2019-03-31 13F Southwest Airlines COM 844741108 70,145 -5,029 -6.69 3,641 4.21 0.3683
2019-02-08 2018-12-31 13F Southwest Airlines COM 844741108 75,174 -17,392 -18.79 3,494 -39.56 0.3925
2018-10-29 2018-09-30 13F Southwest Airlines COM 844741108 92,566 -10,484 -10.17 5,781 10.26 0.4251
2018-07-26 2018-06-30 13F Southwest Airlines COM 844741108 103,050 16,681 19.31 5,243 5.98 0.3866
2018-05-03 2018-03-31 13F Southwest Airlines COM 844741108 86,369 -98,117 -53.18 4,947 -59.03 0.3905
2018-02-06 2017-12-31 13F Southwest Airlines COM 844741108 184,486 -98,774 -34.87 12,075 -23.85 0.8852
2017-11-02 2017-09-30 13F Southwest Airlines COM 844741108 283,260 186,409 192.47 15,857 163.49 1.0705
2017-07-31 2017-06-30 13F Southwest Airlines COM 844741108 96,851 -110,795 -53.36 6,018 -46.09 0.3567
2017-05-08 2017-03-31 13F Southwest Airlines COM 844741108 207,646 -14,222 -6.41 11,163 0.95 0.5572
2017-01-27 2016-12-31 13F Southwest Airlines COM 844741108 221,868 -60,109 -21.32 11,058 0.84 0.5087
2016-11-10 2016-09-30 13F Southwest Airlines COM 844741108 281,977 -4,068 -1.42 10,966 -2.23 0.5275
2016-08-11 2016-06-30 13F Southwest Airlines COM 844741108 286,045 63,840 28.73 11,216 12.67 0.5446
2016-05-26 2016-03-31 13F Southwest Airlines COM 844741108 222,205 -48,909 -18.04 9,955 -14.73 0.4602
2016-02-10 2015-12-31 13F Southwest Airlines COM 844741108 271,114 -110,630 -28.98 11,674 -19.61 0.4857
2015-11-12 2015-09-30 13F Southwest Airlines COM 844741108 381,744 -14,012 -3.54 14,522 10.89 0.5953
2015-08-06 2015-06-30 13F Southwest Airlines COM 844741108 395,756 148,843 60.28 13,096 19.73 0.4765
2015-05-08 2015-03-31 13F Southwest Airlines COM 844741108 246,913 -77,438 -23.87 10,938 -20.32 0.4169
2015-02-17 2014-12-31 13F Southwest Airlines COM 844741108 324,351 -41,700 -11.39 13,727 11.04 0.5592
2014-11-14 2014-09-30 13F Southwest Airlines COM 844741108 366,051 300,356 457.20 12,362 600.40 0.5133
2014-08-15 2014-06-30 13F SOUTHWEST AIRLS CO COM COM 844741108 65,695 1,006 1.56 1,765 15.59 0.0826
2014-05-07 2014-03-31 13F SOUTHWEST AIRLS CO COM COM 844741108 64,689 -3,489 -5.12 1,527 18.93 0.0899
2014-02-13 2013-12-31 13F SOUTHWEST AIRLS CO COM COM 844741108 68,178 0 0.00 1,284 29.31 0.0924
2013-11-12 2013-09-30 13F SOUTHWEST AIRLS CO COM COM 844741108 68,178 8 0.01 993 12.97 0.0857
2013-08-15 2013-06-30 13F/A-1 SOUTHWEST AIRLS CO COM COM 844741108 68,170 68,170 879 0.0930
2013-08-14 2013-06-30 13F SOUTHWEST AIRLS CO COM COM 844741108 68,170 879
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.