Copa Holdings, S.A. (CPA) — Institutional Holders, Q2 2026

326 institutional investment managers reported a CPA position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $4.0B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← CPA stock profile

CPA in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

117

Trimmed

101

Sold out

Biggest buyers

LAKEWOOD CAPITAL MANAGEMENTNew · +494,900 sh+$77.0M
FIL LtdAdded · +433,742 sh+$67.5M
JANE STREET GROUPAdded · +251,575 sh+$39.1M
UBS Group AGAdded · +167,005 sh+$26.0M
Cullen Capital ManagementAdded · +157,991 sh+$24.6M

Biggest sellers

Capital World InvestorsTrimmed · -856,792 sh-$133.3M
Artemis Investment Management LLPTrimmed · -523,428 sh-$81.4M
SPRUCEGROVE INVESTMENT MANAGEMENT LTDTrimmed · -247,418 sh-$38.5M
SPX Gestao de Recursos LtdaSold out · -224,792 sh-$35.0M
WASATCH ADVISORSSold out · -217,648 sh-$33.9M

CPA 13F holders ranked 1–100 of 326

Institutional investors reporting a position in Copa Holdings, S.A. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	Capital World Investors#1 · 2,856,717 sh	2,856,717	$444.4M	0.05%	-23.1%
2	BAILLIE GIFFORD#2 · 2,455,810 sh	2,455,810	$382.1M	0.35%	-4.9%
3	JPMORGAN CHASE#3 · 1,541,526 sh	1,541,526	$239.8M	0.01%	-3.6%
4	DIMENSIONAL FUND ADVISORS#4 · 1,453,351 sh	1,453,351	$226.1M	0.04%	+4.0%
5	SPRUCEGROVE INVESTMENT MANAGEMENT LTD#5 · 1,451,592 sh	1,451,592	$225.8M	35.33%	-14.6%
6	FMR#6 · 1,223,838 sh	1,223,838	$190.4M	<0.01%	+0.9%
7	Capital Research Global Investors#7 · 1,042,831 sh	1,042,831	$162.2M	0.02%	+1.1%
8	RENAISSANCE TECHNOLOGIES#8 · 772,928 sh	772,928	$120.2M	0.17%	+5.2%
9	BRANDES INVESTMENT PARTNERS#9 · 769,630 sh	769,630	$119.7M	0.84%	+4.5%
10	FIL Ltd#10 · 579,229 sh	579,229	$90.1M	0.06%	+298.1%
11	Cullen Capital Management#11 · 571,263 sh	571,263	$88.9M	0.87%	+38.2%
12	Vontobel Holding Ltd.#12 · 504,469 sh	504,469	$78.5M	—	-1.3%
13	LAKEWOOD CAPITAL MANAGEMENT#13 · 494,900 sh	494,900	$77.0M	3.97%	New
14	Wishbone Management#14 · 472,500 sh	472,500	$73.5M	31.72%	0.0%
15	Marathon Asset Management Ltd#15 · 414,473 sh	414,473	$64.5M	—	-2.3%
16	TWO SIGMA INVESTMENTS#16 · 414,136 sh	414,136	$64.4M	0.05%	-12.9%
17	Carrhae Capital LLP#17 · 400,262 sh	400,262	$62.3M	—	-22.7%
18	RAYMOND JAMES FINANCIAL#18 · 392,231 sh	392,231	$61.0M	0.02%	-16.3%
19	JANE STREET GROUP#19 · 385,249 sh	385,249	$59.9M	<0.01%	+188.2%
20	MORGAN STANLEY#20 · 363,505 sh	363,505	$56.6M	<0.01%	+13.4%
21	Artisan Partners Limited Partnership#21 · 330,738 sh	330,738	$51.5M	0.08%	+8.9%
22	Clark Capital Management Group#22 · 317,881 sh	317,881	$49.5M	0.27%	+1.6%
23	Quantinno Capital Management#23 · 286,619 sh	286,619	$44.6M	0.05%	+99.6%
24	SEI INVESTMENTS#24 · 282,848 sh	282,848	$44.0M	0.04%	-19.5%
25	GOLDMAN SACHS GROUP#25 · 281,884 sh	281,884	$43.9M	<0.01%	-15.6%
26	UBS Group AG#26 · 261,356 sh	261,356	$40.7M	<0.01%	+177.0%
27	INCA Investments#27 · 237,214 sh	237,214	$36.9M	10.44%	0.0%
28	LETKO, BROSSEAU & ASSOCIATES#28 · 207,978 sh	207,978	$32.4M	0.48%	+2.6%
29	MARSHALL WACE, LLP#29 · 174,230 sh	174,230	$27.1M	0.02%	+396.3%
30	BANK OF AMERICA#30 · 162,829 sh	162,829	$25.3M	<0.01%	-10.3%
31	HRT FINANCIAL#31 · 158,937 sh	158,937	$24.7M	0.06%	+57.3%
32	Cape Ann Asset Management Ltd#32 · 143,256 sh	143,256	$22.3M	5.13%	-6.5%
33	MILLENNIUM MANAGEMENT#33 · 120,818 sh	120,818	$18.8M	<0.01%	-29.1%
34	D. E. Shaw#34 · 118,212 sh	118,212	$18.4M	<0.01%	+1204.9%
35	HSBC PLC#35 · 110,426 sh	110,426	$17.2M	<0.01%	+187.4%
36	MIRAE ASSET GLOBAL ETFS Ltd.#36 · 106,732 sh	106,732	$16.6M	0.02%	+4.3%
37	CITADEL ADVISORS#37 · 105,864 sh	105,864	$16.5M	<0.01%	-53.0%
38	Bridgewater Associates#38 · 104,487 sh	104,487	$16.3M	0.07%	+14.8%
39	Artemis Investment Management LLP#39 · 96,770 sh	96,770	$15.1M	—	-84.4%
40	Trexquant Investment#40 · 94,507 sh	94,507	$14.7M	0.09%	+125.9%
41	TUDOR INVESTMENT ET AL#41 · 93,623 sh	93,623	$14.6M	0.02%	+11.9%
42	Bank of New York Mellon#42 · 92,346 sh	92,346	$14.4M	<0.01%	+2554.4%
43	Trek Financial#43 · 92,191 sh	92,191	$14.3M	0.71%	-10.5%
44	Shellback Capital#44 · 88,900 sh	88,900	$13.8M	1.21%	-25.9%
45	ENVESTNET ASSET MANAGEMENT#45 · 88,628 sh	88,628	$13.8M	<0.01%	+6.4%
46	GLOBEFLEX CAPITAL L P#46 · 87,283 sh	87,283	$13.6M	1.74%	0.0%
47	Banco BTG Pactual S.A.#47 · 85,000 sh	85,000	$13.2M	1.12%	0.0%
48	Qube Research & Technologies Ltd#48 · 80,663 sh	80,663	$12.5M	0.01%	-15.4%
49	BURNEY#49 · 77,576 sh	77,576	$12.1M	—	+27.6%
50	Knights of Columbus Asset Advisors#50 · 74,821 sh	74,821	$11.6M	0.58%	+1.4%
51	Truxt Investmentos Ltda.#51 · 71,416 sh	71,416	$11.1M	12.82%	New
52	Amundi#52 · 67,000 sh	67,000	$10.4M	<0.01%	+26.4%
53	Aptus Capital Advisors#53 · 66,892 sh	66,892	$10.4M	0.07%	+0.6%
54	FRANKLIN RESOURCES#54 · 64,687 sh	64,687	$10.1M	<0.01%	-24.7%
55	CAPTRUST FINANCIAL ADVISORS#55 · 63,971 sh	63,971	$10.0M	0.02%	-26.5%
56	Hosking Partners LLP#56 · 63,186 sh	63,186	$9.8M	—	-2.6%
57	Concurrent Investment Advisors#57 · 59,166 sh	59,166	$9.2M	—	-0.7%
58	1492 Capital Management#58 · 57,508 sh	57,508	$8.9M	2.64%	+7.0%
59	CSM Advisors#59 · 55,525 sh	55,525	$8.6M	0.18%	+7.3%
60	Russell Investments Group, Ltd.#60 · 55,133 sh	55,133	$8.6M	<0.01%	+326.1%
61	Ruffer LLP#61 · 52,227 sh	52,227	$8.1M	0.29%	+18.4%
62	Ethic#62 · 46,801 sh	46,801	$7.3M	0.09%	-0.3%
63	Virtus Family Office#63 · 46,286 sh	46,286	$7.2M	5.69%	+1.6%
64	Turas Capital Management#64 · 44,800 sh	44,800	$7.0M	3.20%	New
65	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO#65 · 44,704 sh	44,704	$7.0M	0.02%	0.0%
66	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS#66 · 44,163 sh	44,163	$6.9M	0.03%	-22.0%
67	XTX Topco Ltd#67 · 43,959 sh	43,959	$6.8M	0.09%	-40.3%
68	LAZARD ASSET MANAGEMENT#68 · 42,874 sh	42,874	$6.7M	0.01%	+18.0%
69	Empowered Funds#69 · 42,699 sh	42,699	$6.6M	0.04%	+105.4%
70	Point72 Asset Management, L.P.#70 · 42,131 sh	42,131	$6.6M	<0.01%	+139.2%
71	VELA Investment Management#71 · 39,972 sh	39,972	$6.2M	1.33%	+0.4%
72	Journey Advisory Group#72 · 39,020 sh	39,020	$6.1M	0.46%	+29.8%
73	AMERIPRISE FINANCIAL#73 · 37,210 sh	37,210	$5.8M	<0.01%	-79.1%
74	CREDIT AGRICOLE S A#74 · 35,900 sh	35,900	$5.6M	0.01%	+90.7%
75	Corient Private Wealth#75 · 31,232 sh	31,232	$4.9M	<0.01%	+243.2%
76	BALYASNY ASSET MANAGEMENT L.P.#76 · 30,755 sh	30,755	$4.8M	<0.01%	New
77	LPL Financial#77 · 30,555 sh	30,555	$4.8M	<0.01%	+11.1%
78	U S GLOBAL INVESTORS#78 · 29,833 sh	29,833	$4.6M	—	+4.7%
79	Engineers Gate Manager#79 · 28,057 sh	28,057	$4.4M	0.06%	-48.1%
80	NOMURA ASSET MANAGEMENT INTERNATIONAL#80 · 27,522 sh	27,522	$4.3M	<0.01%	-3.3%
81	DELTEC ASSET MANAGEMENT#81 · 27,325 sh	27,325	$4.3M	—	-2.1%
82	Lifetime Wealth Management P.C.#82 · 27,320 sh	27,320	$4.3M	2.48%	-21.9%
83	Boston Partners#83 · 26,898 sh	26,898	$4.2M	<0.01%	+104.8%
84	DEPRINCE RACE & ZOLLO#84 · 26,289 sh	26,289	$4.1M	—	-0.7%
85	Fourth Sail Capital#85 · 24,481 sh	24,481	$3.8M	0.58%	-82.1%
86	CM Management#86 · 24,000 sh	24,000	$3.7M	2.37%	+60.0%
87	MARATHON CAPITAL MANAGEMENT#87 · 23,483 sh	23,483	$3.7M	—	-15.5%
88	Pictet Asset Management Holding SA#88 · 22,939 sh	22,939	$3.6M	<0.01%	-18.8%
89	McGowan Group Asset Management#89 · 22,714 sh	22,714	$3.5M	0.43%	+8.3%
90	Uniplan Investment Counsel#90 · 22,505 sh	22,505	$3.5M	0.33%	+52.2%
91	SMA Capital#91 · 22,000 sh	22,000	$3.4M	1.44%	New
92	Kestra Advisory Services#92 · 21,505 sh	21,505	$3.3M	0.01%	+20.5%
93	MIRABELLA FINANCIAL SERVICES LLP#93 · 21,170 sh	21,170	$3.3M	0.31%	+96.6%
94	abrdn plc#94 · 21,029 sh	21,029	$3.3M	<0.01%	-14.8%
95	PAR CAPITAL MANAGEMENT#95 · 20,115 sh	20,115	$3.1M	0.08%	-87.2%
96	WELLS FARGO & COMPANY#96 · 19,919 sh	19,919	$3.1M	<0.01%	-45.2%
97	POLEN CAPITAL MANAGEMENT#97 · 18,948 sh	18,948	$2.9M	0.03%	New
98	MML INVESTORS SERVICES#98 · 18,668 sh	18,668	$2.9M	<0.01%	+2.2%
99	Cetera Investment Advisers#99 · 17,819 sh	17,819	$2.8M	<0.01%	-3.7%
100	SILVERCREST ASSET MANAGEMENT GROUP#100 · 17,312 sh	17,312	$2.7M	0.02%	-1.9%

Funds that sold out of CPA in Q2 2026 (40)

Held CPA at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held CPA in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
SPX Gestao de Recursos Ltda224,792 sh	224,792	$25.5M
WASATCH ADVISORS217,648 sh	217,648	$24.7M
PUBLIC SECTOR PENSION INVESTMENT BOARD94,425 sh	94,425	$10.7M
VOLORIDGE INVESTMENT MANAGEMENT46,336 sh	46,336	$5.3M
Y-Intercept (Hong Kong) Ltd37,147 sh	37,147	$4.2M
TWINBEECH CAPITAL25,900 sh	25,900	$2.9M
Squarepoint Ops19,904 sh	19,904	$2.3M
ADVENT CAPITAL MANAGEMENT19,000 sh	19,000	$2.2M
Range Financial Group18,029 sh	18,029	$2.0M
CWA Asset Management Group17,635 sh	17,635	$2.0M
BOOTHBAY FUND MANAGEMENT14,254 sh	14,254	$1.6M
HUSSMAN STRATEGIC ADVISORS10,500 sh	10,500	$1.2M
NOVEM GROUP8,413 sh	8,413	$955.8K
Marshall Financial Group5,936 sh	5,936	$674.4K
Virtu Financial5,667 sh	5,667	$644.0K
KESTRA PRIVATE WEALTH SERVICES5,264 sh	5,264	$598.0K
Private Advisor Group4,763 sh	4,763	$541.1K
Dauntless Investment Group4,304 sh	4,304	$489.0K
IMC-Chicago3,386 sh	3,386	$384.7K
Connor, Clark & Lunn Investment Management Ltd.3,130 sh	3,130	$355.6K
Magnetar Financial1,935 sh	1,935	$219.8K
Carolina Wealth Advisors1,929 sh	1,929	$219.2K
Paragon Capital Management Ltd1,871 sh	1,871	$212.6K
BTG Pactual Asset Management US1,858 sh	1,858	$211.1K
AlphaCore Capital1,855 sh	1,855	$210.7K
Sterling Capital Management1,842 sh	1,842	$209.3K
INSIGNEO ADVISORY SERVICES1,786 sh	1,786	$202.9K
Bayforest Capital Ltd479 sh	479	$54.4K
EASTERN BANK426 sh	426	$48.4K
Advisory Services Network422 sh	422	$47.9K
Innovative Asset Advisors Group186 sh	186	$21.1K
Root Financial Partners174 sh	174	$19.8K
Scarborough Advisors110 sh	110	$12.5K
MAI Capital Management75 sh	75	$8.5K
Ancora Advisors52 sh	52	$5.9K
Spire Wealth Management25 sh	25	$2.8K
Strengthening Families & Communities15 sh	15	$1.7K
Whipplewood Advisors15 sh	15	$1.7K
Vermillion Wealth Management3 sh	3	$341.00
CURIO WEALTH1 sh	1	$114.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.