Vault-13

SOUTHWEST AIRLS CO LUV 1.25 05.01.25

NOTE 1.250% 5/0 · US DOMESTIC · CUSIP 844741BG2

0 institutional holders -106 vs Q1 2025
—reported value*
0 new 0 added 0 reduced 104 sold out net sold ≈ $1.7bn (-21.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 92Q4 22: 92Q1 23: 93Q2 23: 95Q3 23: 96Q4 23: 98Q1 24: 97Q2 24: 111Q3 24: 111Q4 24: 120Q1 25: 106Q2 25: 00Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202292
Q4 202292
Q1 202393
Q2 202395
Q3 202396
Q4 202398
Q1 202497
Q2 2024111
Q3 2024111
Q4 2024120
Q1 2025106
Q2 20250

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 23: 21 bought or addedQ3 23: 45 cut or sold outQ4 23: 35 bought or addedQ4 23: 36 cut or sold outQ4 23Q1 24: 43 bought or addedQ1 24: 38 cut or sold outQ2 24: 41 bought or addedQ2 24: 48 cut or sold outQ2 24Q3 24: 39 bought or addedQ3 24: 51 cut or sold outQ4 24: 46 bought or addedQ4 24: 48 cut or sold outQ4 24Q1 25: 44 bought or addedQ1 25: 63 cut or sold outQ2 25: 0 bought or addedQ2 25: 104 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232145
Q4 20233536
Q1 20244338
Q2 20244148
Q3 20243951
Q4 20244648
Q1 20254463
Q2 20250104

Biggest buyers

None

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -426,170,000-426.2m
Shaolin Capital Management LLC Sold out -124,702,000-124.7m
AQR Arbitrage LLC Sold out -86,660,000-86.7m
Walleye Capital LLC Sold out -83,112,000-83.1m
VICTORY CAPITAL MANAGEMENT INC Sold out -66,696,000-66.7m
SONA ASSET MANAGEMENT (US) LLC Sold out -51,534,000-51.5m
SUSQUEHANNA ADVISORS GROUP, INC. Sold out -50,867,000-50.9m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -48,831,000-48.8m
MOORE CAPITAL MANAGEMENT, LP Sold out -40,300,000-40.3m
BANK OF AMERICA CORP /DE/ Sold out -34,105,000-34.1m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change