Copa Holdings, S.A. - Class A (CPA) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Class A
Symbol
CPA on NYSE
Shares outstanding
31,798,586
Price per share
$127.42
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
26,582,437
Total reported value
$3,206,056,333
% of total 13F portfolios
0.01%
Share change
+192,307
Value change
+$23,651,950
Number of holders
270
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Copa Holdings, S.A. - Class A (CPA) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BAILLIE GIFFORD & CO 9.6% $276,061,567 3,062,247 BAILLIE GIFFORD & CO 31 Dec 2024
SPRUCEGROVE INVESTMENT MANAGEMENT LTD 6% -18% $230,497,359 -$47,133,100 1,911,095 -17% SPRUCEGROVE INVESTMENT MANAGEMENT LTD 26 Jan 2026
JPMORGAN CHASE & CO 5.3% $190,462,085 1,602,945 JPMORGAN CHASE & CO. 30 Sep 2025

As of 31 Dec 2025, 270 institutional investors reported holding 26,582,437 shares of Copa Holdings, S.A. - Class A (CPA). This represents 84% of the company’s total 31,798,586 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Copa Holdings, S.A. - Class A (CPA) together control 69% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Capital World Investors 14% 4,603,671 +0.66% 0.08% $555,248,759
BAILLIE GIFFORD & CO 8.6% 2,747,078 -0.66% 0.28% $331,325,077
SPRUCEGROVE INVESTMENT MANAGEMENT LTD 6% 1,911,095 -17% 28% $230,497,168
JPMORGAN CHASE & CO 5.2% 1,647,779 +2.8% 0.01% $198,738,625
DIMENSIONAL FUND ADVISORS LP 4.2% 1,344,720 +2.4% 0.03% $162,184,854
FMR LLC 4.2% 1,320,334 -1.1% 0.01% $159,245,430
RENAISSANCE TECHNOLOGIES LLC 2.4% 772,528 -13% 0.14% $93,174,602
Driehaus Capital Management LLC 2.1% 670,657 +2.5% 0.55% $80,887,941
CAPTRUST FINANCIAL ADVISORS 2.1% 654,830 +1.9% 0.15% $78,979,006
BRANDES INVESTMENT PARTNERS, LP 2.1% 654,255 +3.5% 0.6% $78,909,855
Clark Capital Management Group, Inc. 1.7% 551,280 +0.09% 0.41% $66,489,873
Vontobel Holding Ltd. 1.5% 484,852 -1.2% 0.19% $58,478,000
Wishbone Management, LP 1.5% 472,500 0% 24% $56,988,225
RAYMOND JAMES FINANCIAL INC 1.5% 467,285 -11% 0.02% $56,359,292
WASATCH ADVISORS LP 1.4% 454,723 -17% 0.33% $54,844,141
Artemis Investment Management LLP 1.4% 451,756 +15% 0.66% $54,486,291
Marathon Asset Management Ltd 1.3% 409,572 +9.3% 1.9% $49,398,479
SPX Gestao de Recursos Ltda 1.2% 393,542 -3.2% 4.9% $47,465,101
SEI INVESTMENTS CO 1.1% 334,197 -18% 0.04% $40,307,473
TWO SIGMA INVESTMENTS, LP 0.9% 284,691 +24% 0.05% $34,336,582
MORGAN STANLEY 0.85% 270,039 +2.2% 0% $32,569,551
GOLDMAN SACHS GROUP INC 0.84% 266,471 +9.6% 0% $32,139,121
Balyasny Asset Management L.P. 0.81% 258,251 +428% 0.06% $31,147,653
Artisan Partners Limited Partnership 0.8% 253,729 +2.7% 0.05% $30,602,255
Cape Ann Asset Management Ltd 0.69% 219,800 +0.83% 7.2% $26,510,078

Institutional Holders of Copa Holdings, S.A. - Class A (CPA) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 26,582,437 $3,206,056,333 +$23,651,950 $120.61 270
2025 Q3 27,079,683 $3,217,631,786 -$80,233,475 $118.82 254
2025 Q2 27,928,413 $3,071,139,205 +$63,332,864 $109.97 230
2025 Q1 27,347,998 $2,437,031,887 -$20,149,646 $92.46 184
2024 Q4 27,712,043 $2,435,174,621 -$19,302,446 $87.88 193
2024 Q3 27,832,161 $2,613,231,843 +$51,984,820 $93.84 193
2024 Q2 27,285,934 $2,596,415,617 -$17,835,394 $95.18 206
2024 Q1 27,432,912 $2,856,629,196 -$24,479,918 $104.16 227
2023 Q4 27,754,061 $2,950,575,093 -$64,622,004 $106.31 225
2023 Q3 28,593,949 $2,550,565,922 -$304,888,625 $89.12 231
2023 Q2 32,194,435 $3,559,828,115 -$34,605,095 $110.58 280
2023 Q1 32,326,743 $2,985,180,191 -$17,935,904 $92.35 248
2022 Q4 32,416,467 $2,696,734,275 +$29,853,166 $83.17 206
2022 Q3 31,925,074 $2,140,459,203 -$20,822,349 $67.01 168
2022 Q2 32,135,482 $2,034,390,402 -$184,115,878 $63.37 162
2022 Q1 34,683,308 $2,896,430,450 +$44,664,119 $83.64 181
2021 Q4 34,195,605 $2,826,596,025 +$197,460,168 $82.66 160
2021 Q3 32,576,838 $2,651,196,718 -$91,135,009 $81.38 144
2021 Q2 33,876,051 $2,551,658,133 -$11,540,577 $75.33 144
2021 Q1 34,251,218 $2,767,120,255 +$138,758,411 $80.79 172
2020 Q4 32,657,310 $2,521,398,531 +$176,981,761 $77.23 173
2020 Q3 30,742,311 $1,547,753,209 -$31,489,562 $50.34 157
2020 Q2 31,322,092 $1,583,503,536 +$218,784,487 $50.56 171
2020 Q1 27,182,879 $1,231,203,129 -$224,061,736 $45.29 157
2019 Q4 28,708,500 $3,102,575,504 -$90,972,062 $108.08 205
2019 Q3 29,684,648 $2,931,028,796 +$64,931,173 $98.75 196
2019 Q2 28,972,901 $2,824,399,706 +$81,648,525 $97.57 190
2019 Q1 28,438,077 $2,291,291,792 +$101,995,411 $80.61 192
2018 Q4 27,176,941 $2,137,489,044 +$77,037,464 $78.71 183
2018 Q3 26,429,571 $2,110,027,149 -$86,651,210 $79.84 212
2018 Q2 27,363,999 $2,596,189,232 -$65,218,108 $94.62 228
2018 Q1 27,087,790 $3,484,081,152 -$10,960,781 $128.63 235
2017 Q4 27,282,590 $3,657,864,680 -$42,869,305 $134.06 245
2017 Q3 27,677,704 $3,440,867,079 -$74,658,814 $124.53 236
2017 Q2 28,417,431 $3,324,900,975 +$31,982,531 $117.00 232
2017 Q1 27,485,654 $3,085,408,005 +$166,218,557 $112.25 226
2016 Q4 28,021,397 $2,548,005,338 -$98,167,137 $90.83 211
2016 Q3 29,131,641 $2,566,798,976 -$119,699,261 $87.93 197
2016 Q2 31,134,235 $1,630,388,148 -$609,274 $52.26 172
2016 Q1 30,719,432 $2,085,407,155 +$71,644,076 $67.75 198
2015 Q4 30,034,014 $1,454,228,326 -$85,683,402 $48.26 174
2015 Q3 32,214,204 $1,354,001,411 -$171,481,749 $41.93 186
2015 Q2 34,294,645 $2,835,968,420 +$84,968,199 $82.59 226
2015 Q1 33,041,309 $3,343,324,952 -$20,619,947 $100.97 249
2014 Q4 33,274,764 $3,453,718,746 +$110,335,891 $103.64 242
2014 Q3 31,936,175 $3,431,022,405 +$141,533,072 $107.29 264
2014 Q2 30,010,590 $4,278,135,734 +$31,112,526 $142.57 256
2014 Q1 29,779,297 $4,314,834,782 -$40,059,868 $145.19 263