Monitor for any future conversion to a Schedule 13D, which would signal an activist intent shift. For now, the passive 13G filing indicates no change in investment strategy.
Price Chart
Executive Summary
Franklin Templeton Inc. (formerly Franklin Resources) filed an amended Schedule 13G disclosing beneficial ownership of 49,730,439 shares of Southwest Airlines common stock, representing 10.2% of shares outstanding as of September 30, 2026. This is a routine passive stake update with no change in investment intent, reflecting the asset manager's ongoing portfolio allocation.
Key Financial Metrics
Key Facts
- Franklin Templeton Inc. (formerly Franklin Resources) reported beneficial ownership of 49,730,439 shares of Southwest Airlines common stock.
- The stake represents 10.2% of Southwest Airlines' outstanding shares as of September 30, 2026.
- The filing is an amendment to a Schedule 13G, confirming passive investment intent under Rule 13d-1(b).
- Putnam Investment Management, LLC, a subsidiary, holds the largest portion at 37,011,944 shares (7.6% of the class).
- The filing notes that Franklin Resources, Inc. was renamed Franklin Templeton, Inc. effective August 17, 2026.
Financial Impact
No material financial impact from this filing; it is a routine passive ownership update.
Risk Factors
- No material risks identified from this routine filing.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0000038777-26-000259 |
| Document: 0000038777-26-000259-index.html | 0000038777-26-000259 |
| Document: 0000038777-26-000259.txt | 0000038777-26-000259 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | Press Release | $43.20 | awaiting T+1 | — | $42.85 (+0.81%) |
Oct 26, 2026 today | 424B5 | $42.00 | awaiting T+1 | — | $42.85 (+2.02%) |
Oct 23, 2026 3d ago | Institutional Cluster | $41.75 $42.85 | ▲ +2.63% | ▲ +1.92% | $42.85 (+2.63%) |
Oct 21, 2026 5d ago | 8-K | $42.03 $41.75 | ▼ −0.67% | ▼ −0.14% | $42.85 (+1.95%) |
Oct 7, 2026 19d ago | SC 13G/A | $41.72 $41.36 | ▼ −0.86% | ▼ −0.44% | $42.85 (+2.71%) |
Oct 1, 2026 25d ago | Press Release | $42.47 | awaiting T+1 | — | $42.85 (+0.89%) |
Sep 24, 2026 4w ago | Court Ruling | $42.68 $42.28 | ▼ −0.94% | ▼ −0.19% | $42.85 (+0.40%) |
Sep 23, 2026 4w ago | Court Ruling | $41.55 $42.68 | ▲ +2.72% | ▲ +2.18% | $42.85 (+3.13%) |
Sep 3, 2026 7w ago | Court Ruling | $39.62 $38.67 | ▼ −2.40% | ▼ −1.85% | $42.85 (+8.15%) |
Sep 2, 2026 7w ago | Court Ruling | $38.73 $39.62 | ▲ +2.30% | ▲ +2.68% | $42.85 (+10.64%) |
US Market Status
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