Fintel reports that on April 24, 2026, HSBC upgraded their outlook for Southwest Airlines (BMV:LUV) from Reduce to Hold.

What is the Fund Sentiment?

There are 1,620 funds or institutions reporting positions in Southwest Airlines. This is an decrease of 48 owner(s) or 2.88% in the last quarter. Average portfolio weight of all funds dedicated to LUV is 0.29%, an increase of 3.07%. Total shares owned by institutions increased in the last three months by 1.09% to 673,649K shares.

What are Other Shareholders Doing?

Elliott Investment Management holds 51,128K shares representing 8.66% ownership of the company. No change in the last quarter.

Primecap Management holds 47,392K shares representing 8.03% ownership of the company. In its prior filing, the firm reported owning 47,996K shares , representing a decrease of 1.27%. The firm increased its portfolio allocation in LUV by 26.40% over the last quarter.

Franklin Resources holds 40,201K shares representing 6.81% ownership of the company. In its prior filing, the firm reported owning 37,488K shares , representing an increase of 6.75%. The firm increased its portfolio allocation in LUV by 36.65% over the last quarter.

Price T Rowe Associates holds 17,166K shares representing 2.91% ownership of the company. In its prior filing, the firm reported owning 18,576K shares , representing a decrease of 8.22%. The firm decreased its portfolio allocation in LUV by 38.60% over the last quarter.

Goldman Sachs Group holds 16,624K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 8,897K shares , representing an increase of 46.48%. The firm increased its portfolio allocation in LUV by 143.87% over the last quarter.