SOUTHWEST AIRLS CO

Ticker: LUV CUSIP: 844741108 Class: COM

Mader & Shannon Wealth Management, Inc.'s Holding History (CIK: 0001535862)

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

Q1 2015

Shares 101,356 Value ($000) $4,490 Avg Close $38.60 Range $33.79 - $41.66

Q4 2014

Shares 145,071 Value ($000) $6,139 Avg Close $32.93 Range $25.04 - $38.14

Q3 2014

Shares 164,121 Value ($000) $5,542 Avg Close $26.90 Range $22.76 - $31.30

Q2 2014

Shares 165,450 Value ($000) $4,444 Avg Close $22.15 Range $19.63 - $24.38

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	101,356	$4,490	$38.60	$33.79 - $41.66
Q4 2014	145,071	$6,139	$32.93	$25.04 - $38.14
Q3 2014	164,121	$5,542	$26.90	$22.76 - $31.30
Q2 2014	165,450	$4,444	$22.15	$19.63 - $24.38