SOUTHWEST AIRLS CO

Ticker: LUV CUSIP: 844741108 Class: COM

ADAGE CAPITAL PARTNERS GP, L.L.C.'s Holding History (CIK: 0001165408)

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

Q4 2025

Shares 466,877 Value ($000) $19,296 Avg Close $34.79 Range $29.13 - $43.35

Q3 2025

Shares 478,077 Value ($000) $15,255 Avg Close $32.43 Range $28.69 - $37.58

Q2 2025

Shares 521,977 Value ($000) $16,933 Avg Close $29.68 Range $23.45 - $34.08

Q1 2025

Shares 540,877 Value ($000) $18,163 Avg Close $31.03 Range $27.06 - $34.69

Q3 2024

Shares 607,551 Value ($000) $18,002 Avg Close $26.84 Range $22.82 - $30.80

Q2 2024

Shares 574,077 Value ($000) $16,424 Avg Close $26.85 Range $23.65 - $29.18

Q1 2024

Shares 585,277 Value ($000) $17,084 Avg Close $29.65 Range $26.06 - $33.70

Q4 2023

Shares 579,077 Value ($000) $16,724 Avg Close $24.74 Range $20.83 - $28.98

Q3 2023

Shares 592,177 Value ($000) $16,030 Avg Close $30.88 Range $25.15 - $37.36

Q2 2023

Shares 592,877 Value ($000) $21,468 Avg Close $29.51 Range $26.70 - $34.25

Q1 2023

Shares 595,077 Value ($000) $19,364 Avg Close $31.85 Range $27.22 - $35.27

Q4 2022

Shares 603,877 Value ($000) $20,333 Avg Close $33.54 Range $28.10 - $37.57

Q3 2022

Shares 604,477 Value ($000) $18,642 Avg Close $34.85 Range $28.65 - $38.85

Q2 2022

Shares 617,577 Value ($000) $22,307 Avg Close $40.00 Range $31.97 - $46.61

Q1 2022

Shares 1,825,270 Value ($000) $83,597 Avg Close $40.90 Range $34.19 - $44.42

Q4 2021

Shares 630,777 Value ($000) $27,022 Avg Close $43.68 Range $35.97 - $52.41

Q3 2021

Shares 1,510,277 Value ($000) $77,674 Avg Close $46.99 Range $43.68 - $50.61

Q2 2021

Shares 994,377 Value ($000) $52,791 Avg Close $55.76 Range $48.89 - $60.24

Q1 2021

Shares 659,877 Value ($000) $40,292 Avg Close $49.50 Range $40.68 - $58.39

Q4 2020

Shares 821,767 Value ($000) $38,303 Avg Close $40.31 Range $33.54 - $46.08

Q3 2020

Shares 2,064,494 Value ($000) $77,419 Avg Close $33.06 Range $28.14 - $39.90

Q2 2020

Shares 768,677 Value ($000) $26,273 Avg Close $29.57 Range $20.91 - $39.40

Q1 2020

Shares 540,077 Value ($000) $19,232 Avg Close $45.99 Range $27.12 - $54.53

Q4 2019

Shares 551,677 Value ($000) $29,780 Avg Close $51.27 Range $47.29 - $54.04

Q3 2019

Shares 591,877 Value ($000) $31,967 Avg Close $48.23 Range $44.27 - $52.19

Q2 2019

Shares 614,977 Value ($000) $31,229 Avg Close $47.57 Range $43.47 - $50.31

Q1 2019

Shares 670,777 Value ($000) $34,820 Avg Close $48.28 Range $40.79 - $53.74

Q4 2018

Shares 692,077 Value ($000) $32,168 Avg Close $48.46 Range $40.49 - $57.62

Q3 2018

Shares 694,077 Value ($000) $43,345 Avg Close $53.25 Range $45.92 - $58.36

Q2 2018

Shares 740,177 Value ($000) $37,660 Avg Close $47.77 Range $45.40 - $51.84

Q1 2018

Shares 758,777 Value ($000) $43,463 Avg Close $54.35 Range $48.85 - $60.17

Q4 2017

Shares 770,077 Value ($000) $50,402 Avg Close $53.12 Range $47.64 - $60.59

Q3 2017

Shares 784,977 Value ($000) $43,943 Avg Close $50.59 Range $44.92 - $57.99

Q2 2017

Shares 899,883 Value ($000) $55,919 Avg Close $52.33 Range $47.52 - $56.51

Q1 2017

Shares 974,383 Value ($000) $52,383 Avg Close $48.27 Range $43.70 - $53.54

Q4 2016

Shares 2,069,886 Value ($000) $103,163 Avg Close $40.16 Range $33.04 - $46.03

Q3 2016

Shares 922,480 Value ($000) $35,875 Avg Close $33.98 Range $31.62 - $40.18

Q2 2016

Shares 964,880 Value ($000) $37,833 Avg Close $38.15 Range $32.57 - $42.75

Q1 2016

Shares 979,680 Value ($000) $43,890 Avg Close $36.21 Range $30.19 - $40.43

Q4 2015

Shares 1,007,780 Value ($000) $43,395 Avg Close $39.33 Range $32.85 - $45.58

Q3 2015

Shares 1,002,780 Value ($000) $38,146 Avg Close $32.73 Range $27.79 - $36.28

Q2 2015

Shares 1,031,680 Value ($000) $34,139 Avg Close $34.60 Range $29.26 - $39.08

Q1 2015

Shares 1,031,680 Value ($000) $45,704 Avg Close $38.60 Range $33.79 - $41.66

Q4 2014

Shares 1,015,980 Value ($000) $42,997 Avg Close $32.93 Range $25.04 - $38.14

Q3 2014

Shares 1,054,280 Value ($000) $35,603 Avg Close $26.90 Range $22.76 - $31.30

Q2 2014

Shares 1,052,180 Value ($000) $28,262 Avg Close $22.15 Range $19.63 - $24.38

Q1 2014

Shares 1,068,880 Value ($000) $25,236 Avg Close $19.19 Range $16.46 - $21.22

Q4 2013

Shares 1,086,880 Value ($000) $20,477 Avg Close $15.26 Range $12.67 - $16.65

Q3 2013

Shares 1,086,880 Value ($000) $15,825 Avg Close $11.89 Range $10.97 - $12.96

Q2 2013

Shares 1,046,080 Value ($000) $13,484 Avg Close $11.86 Range $10.83 - $12.66

Q1 2013

Shares 1,037,880 Value ($000) $13,991 Avg Close $10.19 Range $9.00 - $11.81

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	466,877	$19,296	$34.79	$29.13 - $43.35
Q3 2025	478,077	$15,255	$32.43	$28.69 - $37.58
Q2 2025	521,977	$16,933	$29.68	$23.45 - $34.08
Q1 2025	540,877	$18,163	$31.03	$27.06 - $34.69
Q3 2024	607,551	$18,002	$26.84	$22.82 - $30.80
Q2 2024	574,077	$16,424	$26.85	$23.65 - $29.18
Q1 2024	585,277	$17,084	$29.65	$26.06 - $33.70
Q4 2023	579,077	$16,724	$24.74	$20.83 - $28.98
Q3 2023	592,177	$16,030	$30.88	$25.15 - $37.36
Q2 2023	592,877	$21,468	$29.51	$26.70 - $34.25
Q1 2023	595,077	$19,364	$31.85	$27.22 - $35.27
Q4 2022	603,877	$20,333	$33.54	$28.10 - $37.57
Q3 2022	604,477	$18,642	$34.85	$28.65 - $38.85
Q2 2022	617,577	$22,307	$40.00	$31.97 - $46.61
Q1 2022	1,825,270	$83,597	$40.90	$34.19 - $44.42
Q4 2021	630,777	$27,022	$43.68	$35.97 - $52.41
Q3 2021	1,510,277	$77,674	$46.99	$43.68 - $50.61
Q2 2021	994,377	$52,791	$55.76	$48.89 - $60.24
Q1 2021	659,877	$40,292	$49.50	$40.68 - $58.39
Q4 2020	821,767	$38,303	$40.31	$33.54 - $46.08
Q3 2020	2,064,494	$77,419	$33.06	$28.14 - $39.90
Q2 2020	768,677	$26,273	$29.57	$20.91 - $39.40
Q1 2020	540,077	$19,232	$45.99	$27.12 - $54.53
Q4 2019	551,677	$29,780	$51.27	$47.29 - $54.04
Q3 2019	591,877	$31,967	$48.23	$44.27 - $52.19
Q2 2019	614,977	$31,229	$47.57	$43.47 - $50.31
Q1 2019	670,777	$34,820	$48.28	$40.79 - $53.74
Q4 2018	692,077	$32,168	$48.46	$40.49 - $57.62
Q3 2018	694,077	$43,345	$53.25	$45.92 - $58.36
Q2 2018	740,177	$37,660	$47.77	$45.40 - $51.84
Q1 2018	758,777	$43,463	$54.35	$48.85 - $60.17
Q4 2017	770,077	$50,402	$53.12	$47.64 - $60.59
Q3 2017	784,977	$43,943	$50.59	$44.92 - $57.99
Q2 2017	899,883	$55,919	$52.33	$47.52 - $56.51
Q1 2017	974,383	$52,383	$48.27	$43.70 - $53.54
Q4 2016	2,069,886	$103,163	$40.16	$33.04 - $46.03
Q3 2016	922,480	$35,875	$33.98	$31.62 - $40.18
Q2 2016	964,880	$37,833	$38.15	$32.57 - $42.75
Q1 2016	979,680	$43,890	$36.21	$30.19 - $40.43
Q4 2015	1,007,780	$43,395	$39.33	$32.85 - $45.58
Q3 2015	1,002,780	$38,146	$32.73	$27.79 - $36.28
Q2 2015	1,031,680	$34,139	$34.60	$29.26 - $39.08
Q1 2015	1,031,680	$45,704	$38.60	$33.79 - $41.66
Q4 2014	1,015,980	$42,997	$32.93	$25.04 - $38.14
Q3 2014	1,054,280	$35,603	$26.90	$22.76 - $31.30
Q2 2014	1,052,180	$28,262	$22.15	$19.63 - $24.38
Q1 2014	1,068,880	$25,236	$19.19	$16.46 - $21.22
Q4 2013	1,086,880	$20,477	$15.26	$12.67 - $16.65
Q3 2013	1,086,880	$15,825	$11.89	$10.97 - $12.96
Q2 2013	1,046,080	$13,484	$11.86	$10.83 - $12.66
Q1 2013	1,037,880	$13,991	$10.19	$9.00 - $11.81