1832 Asset Management L.P. reports 54.31% decrease in ownership of LUV / Southwest Airlines Co.
May 15, 2018 - 1832 Asset Management L.P. has filed a 13F-HR form disclosing ownership of 362,946 shares of Southwest Airlines Co. (NYSE:LUV) with total holdings valued at $20,779,000 USD as of March 31, 2018. 1832 Asset Management L.P. had filed a previous 13F-HR on February 14, 2018 disclosing 794,405 shares of Southwest Airlines Co. at a value of $51,666,000 USD. This represents a change in shares of -54.31 percent and a change in value of -59.78 percent during the quarter.
Other investors with positions similar to 1832 Asset Management L.P. include Public Employees Retirement System Of Ohio, Susquehanna International Group, Llp, Elkfork Partners LLC, Oppenheimer & Co Inc, Aberdeen Asset Management Plc/uk, and Candriam Luxembourg S.C.A..
Southwest Airlines Co. has declared a standard industrial code (sic) of 4512 which is the "Air Transportation, Scheduled" industry. 1832 Asset Management L.P.'s top industries are "Construction Special Trade Contractors" (sic 17), "Primary Metal Industries" (sic 33), and "Home Furniture, Furnishings, And Equipment Stores" (sic 57).
The Security, Class, and CUSIP columns 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 and cusips.
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.
as of ET