Crake Asset Management LLP: SOUTHWEST AIRLS CO (LUV): Quarterly 13F Position History
As of Q2 2026, Crake Asset Management LLP reported 7,065,875 shares of SOUTHWEST AIRLS CO (LUV), worth $363.3M and representing 8.7% of its 13F equity book. Quarter-over-quarter share count change: + 4,145,899 (+142.0%) . The position first appeared in Q2 2020 and has been disclosed across 25 13F-HR filings in Pactolio's tracked window.
- 7,065,875Shares Held (Latest Filing)
- $363.3MReported Market Value (Latest Filing)
- 8.7%Portfolio Weight (% of 13F Equity Book)
- +4,145,899Quarter-over-Quarter Share Change
- +$253.6MQuarter-over-Quarter Value Change
- 7,065,875Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 25 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 7,065,875 | +4,145,899 | +142.0% | $363.3M | 8.7% | $51.4 |
| Q1 2026 | 2,919,976 | +1,563,815 | +115.3% | $109.7M | 3.8% | $37.6 |
| Q4 2025 | 1,356,161 | 1,866,885 | -57.9% | $56.1M | 2.2% | $41.3 |
| Q3 2025 | 3,223,046 | +2,183,046 | +209.9% | $102.8M | 4.7% | $31.9 |
| Q2 2025 | 1,040,000 | +1,040,000 | – | $33.7M | 1.8% | $32.4 |
| Q1 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2022 | 0 | 113,779 | -100.0% | $0 | 0.0% | – |
| Q3 2022 | 113,779 | +113,779 | – | $3.5M | 1.0% | $30.8 |
| Q2 2022 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2022 | 0 | 700,262 | -100.0% | $0 | 0.0% | – |
| Q4 2021 | 700,262 | 383,784 | -35.4% | $30.0M | 1.7% | $42.8 |
| Q3 2021 | 1,084,046 | +802,200 | +284.6% | $55.8M | 3.0% | $51.4 |
| Q2 2021 | 281,846 | +281,846 | – | $15.0M | 0.8% | $53.1 |
| Q1 2021 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2020 | 0 | 725,858 | -100.0% | $0 | 0.0% | – |
| Q3 2020 | 725,858 | +615,858 | +559.9% | $27.2M | 1.4% | $37.5 |
| Q2 2020 | 110,000 | – | – | $3.8M | 0.4% | $34.2 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did Crake Asset Management LLP first disclose a LUV position in 13F-HR filings?
Crake Asset Management LLP first reported SOUTHWEST AIRLS CO (LUV) on its 13F-HR filing for the period ending 2020-06-30 (Q2 2020). The position has appeared on 25 reported quarters within Pactolio's tracked window.
What was Crake Asset Management LLP's most recent quarter-over-quarter share-count change in LUV?
Between Q1 2026 and Q2 2026, Crake Asset Management LLP added 4,145,899 shares of LUV (+142.0%), bringing the total reported position to 7,065,875 shares at a market value of $363.3M.
Does the implied price-per-share represent Crake Asset Management LLP's cost basis in LUV?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.