SOUTHWEST AIRLS CO

Ticker: LUV CUSIP: 844741108 Class: COM

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 436,040 Value ($000) $18,022 Avg Close $34.79 Range $29.13 - $43.35

Q3 2025

Shares 483,878 Value ($000) $15,441 Avg Close $32.43 Range $28.69 - $37.58

Q2 2025

Shares 556,019 Value ($000) $18,037 Avg Close $29.68 Range $23.45 - $34.08

Q1 2025

Shares 597,568 Value ($000) $20,066 Avg Close $31.03 Range $27.06 - $34.69

Q4 2024

Shares 623,608 Value ($000) $20,966 Avg Close $31.07 Range $27.82 - $35.16

Q3 2024

Shares 592,858 Value ($000) $17,566 Avg Close $26.84 Range $22.82 - $30.80

Q2 2024

Shares 600,608 Value ($000) $17,183 Avg Close $26.85 Range $23.65 - $29.18

Q1 2024

Shares 618,601 Value ($000) $20,129 Avg Close $29.65 Range $26.06 - $33.70

Q4 2023

Shares 600,728 Value ($000) $17,349 Avg Close $24.74 Range $20.83 - $28.98

Q3 2023

Shares 600,700 Value ($000) $16,261 Avg Close $30.88 Range $25.15 - $37.36

Q2 2023

Shares 599,810 Value ($000) $21,719 Avg Close $29.51 Range $26.70 - $34.25

Q1 2023

Shares 618,601 Value ($000) $20,129 Avg Close $31.85 Range $27.22 - $35.27

Q4 2022

Shares 618,601 Value ($000) $20,828 Avg Close $33.54 Range $28.10 - $37.57

Q3 2022

Shares 628,431 Value ($000) $19,381 Avg Close $34.85 Range $28.65 - $38.85

Q2 2022

Shares 628,431 Value ($000) $22,699 Avg Close $40.00 Range $31.97 - $46.61

Q1 2022

Shares 645,422 Value ($000) $29,560 Avg Close $40.90 Range $34.19 - $44.42

Q4 2021

Shares 657,963 Value ($000) $28,187 Avg Close $43.68 Range $35.97 - $52.41

Q3 2021

Shares 673,025 Value ($000) $34,614 Avg Close $46.99 Range $43.68 - $50.61

Q2 2021

Shares 691,639 Value ($000) $36,719 Avg Close $55.76 Range $48.89 - $60.24

Q1 2021

Shares 707,779 Value ($000) $43,217 Avg Close $49.50 Range $40.68 - $58.39

Q4 2020

Shares 732,799 Value ($000) $34,156 Avg Close $40.31 Range $33.54 - $46.08

Q3 2020

Shares 729,639 Value ($000) $27,361 Avg Close $33.06 Range $28.14 - $39.90

Q2 2020

Shares 728,579 Value ($000) $24,903 Avg Close $29.57 Range $20.91 - $39.40

Q1 2020

Shares 643,979 Value ($000) $22,932 Avg Close $45.99 Range $27.12 - $54.53

Q4 2019

Shares 667,837 Value ($000) $36,050 Avg Close $51.27 Range $47.29 - $54.04

Q3 2019

Shares 677,839 Value ($000) $36,610 Avg Close $48.23 Range $44.27 - $52.19

Q2 2019

Shares 701,744 Value ($000) $35,635 Avg Close $47.57 Range $43.47 - $50.31

Q1 2019

Shares 711,891 Value ($000) $36,954 Avg Close $48.28 Range $40.79 - $53.74

Q4 2018

Shares 727,221 Value ($000) $33,801 Avg Close $48.46 Range $40.49 - $57.62

Q3 2018

Shares 738,391 Value ($000) $46,113 Avg Close $53.25 Range $45.92 - $58.36

Q2 2018

Shares 764,805 Value ($000) $38,913 Avg Close $47.77 Range $45.40 - $51.84

Q1 2018

Shares 785,182 Value ($000) $44,975 Avg Close $54.35 Range $48.85 - $60.17

Q4 2017

Shares 818,931 Value ($000) $53,599 Avg Close $53.12 Range $47.64 - $60.59

Q3 2017

Shares 829,382 Value ($000) $46,429 Avg Close $50.59 Range $44.92 - $57.99

Q2 2017

Shares 853,452 Value ($000) $53,034 Avg Close $52.33 Range $47.52 - $56.51

Q1 2017

Shares 935,087 Value ($000) $50,270 Avg Close $48.27 Range $43.70 - $53.54

Q4 2016

Shares 936,097 Value ($000) $46,655 Avg Close $40.16 Range $33.04 - $46.03

Q3 2016

Shares 952,071 Value ($000) $37,026 Avg Close $33.98 Range $31.62 - $40.18

Q2 2016

Shares 969,297 Value ($000) $38,006 Avg Close $38.15 Range $32.57 - $42.75

Q1 2016

Shares 829,776 Value ($000) $37,174 Avg Close $36.21 Range $30.19 - $40.43

Q4 2015

Shares 854,296 Value ($000) $36,786 Avg Close $39.33 Range $32.85 - $45.58

Q3 2015

Shares 876,099 Value ($000) $33,327 Avg Close $32.73 Range $27.79 - $36.28

Q2 2015

Shares 909,491 Value ($000) $30,095 Avg Close $34.60 Range $29.26 - $39.08

Q1 2015

Shares 908,791 Value ($000) $40,259 Avg Close $38.60 Range $33.79 - $41.66

Q4 2014

Shares 998,756 Value ($000) $42,267 Avg Close $32.93 Range $25.04 - $38.14

Q3 2014

Shares 1,055,022 Value ($000) $35,628 Avg Close $26.90 Range $22.76 - $31.30

Q2 2014

Shares 1,080,472 Value ($000) $29,021 Avg Close $22.15 Range $19.63 - $24.38

Q1 2014

Shares 1,087,712 Value ($000) $25,681 Avg Close $19.19 Range $16.46 - $21.22

Q4 2013

Shares 1,200,715 Value ($000) $22,621 Avg Close $15.26 Range $12.67 - $16.65

Q3 2013

Shares 1,199,456 Value ($000) $17,464 Avg Close $11.89 Range $10.97 - $12.96

Q2 2013

Shares 1,255,429 Value ($000) $16,182 Avg Close $11.86 Range $10.83 - $12.66

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	436,040	$18,022	$34.79	$29.13 - $43.35
Q3 2025	483,878	$15,441	$32.43	$28.69 - $37.58
Q2 2025	556,019	$18,037	$29.68	$23.45 - $34.08
Q1 2025	597,568	$20,066	$31.03	$27.06 - $34.69
Q4 2024	623,608	$20,966	$31.07	$27.82 - $35.16
Q3 2024	592,858	$17,566	$26.84	$22.82 - $30.80
Q2 2024	600,608	$17,183	$26.85	$23.65 - $29.18
Q1 2024	618,601	$20,129	$29.65	$26.06 - $33.70
Q4 2023	600,728	$17,349	$24.74	$20.83 - $28.98
Q3 2023	600,700	$16,261	$30.88	$25.15 - $37.36
Q2 2023	599,810	$21,719	$29.51	$26.70 - $34.25
Q1 2023	618,601	$20,129	$31.85	$27.22 - $35.27
Q4 2022	618,601	$20,828	$33.54	$28.10 - $37.57
Q3 2022	628,431	$19,381	$34.85	$28.65 - $38.85
Q2 2022	628,431	$22,699	$40.00	$31.97 - $46.61
Q1 2022	645,422	$29,560	$40.90	$34.19 - $44.42
Q4 2021	657,963	$28,187	$43.68	$35.97 - $52.41
Q3 2021	673,025	$34,614	$46.99	$43.68 - $50.61
Q2 2021	691,639	$36,719	$55.76	$48.89 - $60.24
Q1 2021	707,779	$43,217	$49.50	$40.68 - $58.39
Q4 2020	732,799	$34,156	$40.31	$33.54 - $46.08
Q3 2020	729,639	$27,361	$33.06	$28.14 - $39.90
Q2 2020	728,579	$24,903	$29.57	$20.91 - $39.40
Q1 2020	643,979	$22,932	$45.99	$27.12 - $54.53
Q4 2019	667,837	$36,050	$51.27	$47.29 - $54.04
Q3 2019	677,839	$36,610	$48.23	$44.27 - $52.19
Q2 2019	701,744	$35,635	$47.57	$43.47 - $50.31
Q1 2019	711,891	$36,954	$48.28	$40.79 - $53.74
Q4 2018	727,221	$33,801	$48.46	$40.49 - $57.62
Q3 2018	738,391	$46,113	$53.25	$45.92 - $58.36
Q2 2018	764,805	$38,913	$47.77	$45.40 - $51.84
Q1 2018	785,182	$44,975	$54.35	$48.85 - $60.17
Q4 2017	818,931	$53,599	$53.12	$47.64 - $60.59
Q3 2017	829,382	$46,429	$50.59	$44.92 - $57.99
Q2 2017	853,452	$53,034	$52.33	$47.52 - $56.51
Q1 2017	935,087	$50,270	$48.27	$43.70 - $53.54
Q4 2016	936,097	$46,655	$40.16	$33.04 - $46.03
Q3 2016	952,071	$37,026	$33.98	$31.62 - $40.18
Q2 2016	969,297	$38,006	$38.15	$32.57 - $42.75
Q1 2016	829,776	$37,174	$36.21	$30.19 - $40.43
Q4 2015	854,296	$36,786	$39.33	$32.85 - $45.58
Q3 2015	876,099	$33,327	$32.73	$27.79 - $36.28
Q2 2015	909,491	$30,095	$34.60	$29.26 - $39.08
Q1 2015	908,791	$40,259	$38.60	$33.79 - $41.66
Q4 2014	998,756	$42,267	$32.93	$25.04 - $38.14
Q3 2014	1,055,022	$35,628	$26.90	$22.76 - $31.30
Q2 2014	1,080,472	$29,021	$22.15	$19.63 - $24.38
Q1 2014	1,087,712	$25,681	$19.19	$16.46 - $21.22
Q4 2013	1,200,715	$22,621	$15.26	$12.67 - $16.65
Q3 2013	1,199,456	$17,464	$11.89	$10.97 - $12.96
Q2 2013	1,255,429	$16,182	$11.86	$10.83 - $12.66