PRIMECAP Management acquired 49.7 Million Southwest Airlines shares worth $1.55 Billion. That's 1.24% of their equity portfolio (22nd largest holding). The investor owns 9.11% of the outstanding Southwest Airlines stock. The first Southwest Airlines trade was made in Q1 2013. Since then PRIMECAP Management bought shares nine more times and sold shares on 39 occasions. The stake costed the investor $716 Million, netting the investor a gain of 116% so far.
Southwest Airlines said Tuesday it will charge for checked bags for the first time in its more than half-century of flying. The carrier is under increasing p...
Southwest Airlines Co. LUV is soaring to new heights following an impressive earnings beat and a fresh alliance with activist investor Elliott Investment Man...
Southwest Airlines reported a non-GAAP EPS of $0.15, beating expectations, but shares fell due to cost pressures and board changes. Elliott Management's boar...
Bob Jordan, Southwest Airlines CEO, joins CNBC's 'Squawk on the Street' to discuss Southwest's deal with Elliott Investment Management, the company's third-q...