西南航空公司
MX ˙ BMV ˙ US8447411088
SecurityMX:LUV / Southwest Airlines Co.
InstitutionHoward Financial Services, Ltd.
Latest Disclosed Ownership22,907 shares
Latest Disclosed Value $ 860,603
Howard Financial Services, Ltd. reports 0.80% increase in ownership of LUV / Southwest Airlines Co.

On April 7, 2026 - Howard Financial Services, Ltd. filed a 13F-HR form disclosing ownership of 22,907 shares of Southwest Airlines Co. (MX:LUV) valued at $860,603 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 12, 2026 disclosing 22,726 shares of Southwest Airlines Co.. This represents a change in shares of 0.80% during the quarter.

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.

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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)
2026-04-07 2026-03-31 13F SOUTHWEST AIRLS COM 844741108 22,907 181 0.80 861 -8.41 0.0969
2026-01-12 2025-12-31 13F SOUTHWEST AIRLS COM 844741108 22,726 125 0.55 939 30.24 0.1098
2025-10-23 2025-09-30 13F SOUTHWEST AIRLS COM 844741108 22,601 64 0.28 721 -1.37 0.0882
2025-07-02 2025-06-30 13F SOUTHWEST AIRLS COM 844741108 22,537 -105 -0.46 731 -3.82 0.0961
2025-04-07 2025-03-31 13F SOUTHWEST AIRLS COM 844741108 22,642 185 0.82 760 0.80 0.1035
2025-01-15 2024-12-31 13F SOUTHWEST AIRLS COM 844741108 22,457 45 0.20 755 13.55 0.1027
2024-10-08 2024-09-30 13F SOUTHWEST AIRLS COM 844741108 22,412 -353 -1.55 664 2.00 0.0959
2024-07-12 2024-06-30 13F SOUTHWEST AIRLS COM 844741108 22,765 0 0.00 651 -1.96 0.1067
2024-04-16 2024-03-31 13F SOUTHWEST AIRLS COM 844741108 22,765 149 0.66 665 1.68 0.1145
2024-01-09 2023-12-31 13F SOUTHWEST AIRLS COM 844741108 22,616 125 0.56 653 7.40 0.1259
2023-10-10 2023-09-30 13F SOUTHWEST AIRLS COM 844741108 22,491 1,957 9.53 609 -18.17 0.1396
2023-07-12 2023-06-30 13F SOUTHWEST AIRLS COM 844741108 20,534 1,267 6.58 744 18.69 0.1774
2023-04-05 2023-03-31 13F SOUTHWEST AIRLS COM 844741108 19,267 125 0.65 627 -2.80 0.1527
2023-01-13 2022-12-31 13F SOUTHWEST AIRLS COM 844741108 19,142 0 0.00 645 9.15 0.1693
2022-10-12 2022-09-30 13F SOUTHWEST AIRLS COM 844741108 19,142 0 0.00 590 -14.62 0.1913
2022-07-18 2022-06-30 13F SOUTHWEST AIRLS COM 844741108 19,142 0 0.00 691 -21.21 0.2346
2022-04-20 2022-03-31 13F SOUTHWEST AIRLS COM 844741108 19,142 0 0.00 877 6.95 0.2598
2022-01-27 2021-12-31 13F SOUTHWEST AIRLS COM 844741108 19,142 -123 -0.64 820 -17.26 0.2459
2021-11-01 2021-09-30 13F SOUTHWEST AIRLS COM 844741108 19,265 0 0.00 991 -3.13 0.3716
2021-08-06 2021-06-30 13F SOUTHWEST AIRLS COM 844741108 19,265 -50 -0.26 1,023 -13.23 0.4009
2021-05-03 2021-03-31 13F SOUTHWEST AIRLS COM 844741108 19,315 123 0.64 1,179 31.73 0.5295
2021-02-02 2020-12-31 13F SOUTHWEST AIRLS COM 844741108 19,192 0 0.00 895 24.31 0.4716
2020-11-12 2020-09-30 13F SOUTHWEST AIRLS COM 844741108 19,192 0 0.00 720 9.76 0.4653
2020-07-29 2020-06-30 13F SOUTHWEST AIRLS COM 844741108 19,192 100 0.52 656 -3.53 0.4660
2020-05-05 2020-03-31 13F SOUTHWEST AIRLS COM 844741108 19,092 89 0.47 680 -33.72 0.6016
2020-01-27 2019-12-31 13F SOUTHWEST AIRLS COM 844741108 19,003 -500 -2.56 1,026 -2.56 0.6308
2019-11-12 2019-09-30 13F/A-1 SOUTHWEST AIRLS COM 844741108 19,503 -73 -0.37 1,053 5.94 0.6971
2019-10-29 2019-09-30 13F SOUTHWEST AIRLS COM 844741108 19,503 -73 1,053 697,055.5526
2019-08-05 2019-06-30 13F SOUTHWEST AIRLS COM 844741108 19,576 40 0.20 994 -1.97 0.6795
2019-05-14 2019-03-31 13F SOUTHWEST AIRLS COM 844741108 19,536 188 0.97 1,014 12.79 0.7191
2019-02-15 2018-12-31 13F SOUTHWEST AIRLS COM 844741108 19,348 19,348 899 0.6907
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.