Southwest Airlines Company
Ownership
Ownership Structure
Who owns Southwest Airlines Company (LUV)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 99.0% of the shares are freely tradable; institutional investors hold 89.5%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| PRIMECAP Management Company | 9.97 | 48,797,725 | +3.7 | 06/30/2026 |
| Franklin Templeton Inc | 9.52 | 46,578,090 | +4.9 | 06/30/2026 |
| Vanguard Capital Management, LLC | 6.46 | 31,614,180 | -0.1 | 06/30/2026 |
| BlackRock Inc | 6.12 | 29,917,962 | +4.7 | 06/30/2026 |
| State Street Corp | 5.99 | 29,326,975 | -0.7 | 06/30/2026 |
| Elliott Investment Management LP | 4.97 | 24,308,000 | -19.9 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 4.91 | 23,999,965 | +3.8 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard PRIMECAP Inv | 5.39 | 26,361,018 | +5.2 | 06/30/2026 |
| Putnam Large Cap Value A | 3.92 | 19,190,753 | +0.0 | 09/30/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 3.18 | 15,566,429 | +0.3 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Jordan Robert E | CEO & President | 534,055 | 23,231,393 $ | Aug 5, 2026 | direct |
| Watterson Andrew M | Chief Operating Officer | 209,840 | 9,128,040 $ | Aug 5, 2026 | direct |
| Doxey Tom | EVP, Chief Financial Officer | 111,116 | 4,833,546 $ | Aug 5, 2026 | direct |
| Jones Justin | EVP & Chief Commercial Officer | 85,784 | 3,731,604 $ | Aug 5, 2026 | direct |
| Roach Anthony | Chief Customer & Brand Officer | 73,179 | 3,183,267 $ | Aug 5, 2026 | direct |
| Woods Lauren Tauscher | EVP & CIO | 56,658 | 2,464,632 $ | Aug 5, 2026 | direct |
| Martinez Jimmy Ryan | Principal Accounting Officer | 27,941 | 1,215,434 $ | Sep 15, 2026 | direct |
| Krishna Varun | Director | 3,787 | 164,735 $ | Aug 10, 2026 | direct |
| Liberty Jason T | Director | 3,787 | 164,735 $ | Aug 10, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 15, 2026 | Martinez Jimmy Ryan | Principal Accounting Officer | Other | 2,697 | 0.00 | – |
| Aug 21, 2026 | Martinez Jimmy Ryan | Principal Accounting Officer | Other | 179 | 40.38 | 7,228 |
| Aug 10, 2026 | Krishna Varun | Director | Other | 3,787 | 0.00 | – |
| Aug 10, 2026 | Liberty Jason T | Director | Other | 3,787 | 0.00 | – |
| Aug 5, 2026 | Jones Justin | EVP & Chief Commercial Officer | Other | 8,568 | 0.00 | – |
| Aug 5, 2026 | Roach Anthony | Chief Customer & Brand Officer | Other | 9,506 | 0.00 | – |
| Aug 5, 2026 | Woods Lauren Tauscher | EVP & CIO | Other | 7,598 | 0.00 | – |
| Aug 5, 2026 | Watterson Andrew M | Chief Operating Officer | Other | 2,995 | 0.00 | – |
| Aug 5, 2026 | Jordan Robert E | CEO & President | Other | 28,321 | 0.00 | – |
| Aug 5, 2026 | Doxey Tom | EVP, Chief Financial Officer | Other | 6,316 | 0.00 | – |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: November 3, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.