Copa Holdings, S.A.
US ˙ NYSE ˙ PAP310761054

SecurityCPA / Copa Holdings, S.A.
InstitutionInvesco Ltd.
Latest Disclosed Ownership60,983 shares
Latest Disclosed Value $ 6,928,229
Invesco Ltd. reports 10.07% decrease in ownership of CPA / Copa Holdings, S.A.

On May 12, 2026 - Invesco Ltd. filed a 13F-HR form disclosing ownership of 60,983 shares of Copa Holdings, S.A. (US:CPA) valued at $6,928,279 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 19, 2026 disclosing 67,810 shares of Copa Holdings, S.A.. This represents a change in shares of -10.07% during the quarter. The current value of the position is $8,119,277 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-12 2026-03-31 13F COPA HOLDINGS CL A P31076105 60,983 -6,827 -10.07 6,928 -15.28 0.0001
2026-02-19 2025-12-31 13F COPA HOLDINGS CL A P31076105 67,810 -26,690 -28.24 8,179 -27.16 0.0013
2025-11-13 2025-09-30 13F COPA HOLDINGS CL A P31076105 94,500 139 0.15 11,228 8.21 0.0018
2025-08-13 2025-06-30 13F COPA HOLDINGS CL A P31076105 94,361 80,598 585.61 10,377 715.72 0.0018
2025-05-12 2025-03-31 13F COPA HOLDINGS CL A P31076105 13,763 1,487 12.11 1,273 18.00 0.0002
2025-02-13 2024-12-31 13F COPA HOLDINGS CL A P31076105 12,276 3,320 37.07 1,079 28.33 0.0002
2024-11-12 2024-09-30 13F COPA HOLDINGS CL A P31076105 8,956 -7,792 -46.52 840 -47.30 0.0002
2024-08-13 2024-06-30 13F COPA HOLDINGS CL A P31076105 16,748 3,891 30.26 1,594 19.04 0.0003
2024-05-14 2024-03-31 13F COPA HOLDINGS CL A P31076105 12,857 -92,864 -87.84 1,339 -88.09 0.0003
2024-02-13 2023-12-31 13F COPA HOLDINGS CL A P31076105 105,721 -5,078 -4.58 11,239 13.82 0.0027
2023-11-13 2023-09-30 13F COPA HOLDINGS CL A P31076105 110,799 -2,878 -2.53 9,874 -21.45 0.0027
2023-08-11 2023-06-30 13F COPA HOLDINGS CL A P31076105 113,677 -48,233 -29.79 12,570 -15.93 0.0033
2023-05-12 2023-03-31 13F COPA HOLDINGS CL A P31076105 161,910 -77,458 -32.36 14,952 -24.89 0.0042
2023-02-13 2022-12-31 13F COPA HOLDINGS CL A P31076105 239,368 -50,531 -17.43 19,908 2.48 0.0058
2022-11-14 2022-09-30 13F COPA HOLDINGS CL A P31076105 289,899 237,941 457.95 19,426 490.10 0.0063
2022-08-15 2022-06-30 13F COPA HOLDINGS CL A P31076105 51,958 -155,617 -74.97 3,292 -81.04 0.0010
2022-05-16 2022-03-31 13F COPA HOLDINGS CL A P31076105 207,575 -66,066 -24.14 17,362 -23.24 0.0044
2022-02-14 2021-12-31 13F COPA HOLDINGS CL A P31076105 273,641 37,268 15.77 22,620 17.59 0.0055
2021-11-15 2021-09-30 13F COPA HOLDINGS CL A P31076105 236,373 67,911 40.31 19,237 51.60 0.0049
2021-08-17 2021-06-30 13F COPA HOLDINGS CL A P31076105 168,462 119,132 241.50 12,689 218.26 0.0031
2021-05-17 2021-03-31 13F COPA HOLDINGS CL A P31076105 49,330 -25,515 -34.09 3,987 -31.03 0.0011
2021-02-16 2020-12-31 13F COPA HOLDINGS CL A P31076105 74,845 -1,511 -1.98 5,781 50.39 0.0017
2020-11-16 2020-09-30 13F COPA HOLDINGS CL A P31076105 76,356 -11,631 -13.22 3,844 -13.60 0.0013
2020-08-14 2020-06-30 13F COPA HOLDINGS CL A P31076105 87,987 12,849 17.10 4,449 30.70 0.0016
2020-05-15 2020-03-31 13F COPA HOLDINGS CL A P31076105 75,138 -59,203 -44.07 3,404 -76.56 0.0014
2020-02-14 2019-12-31 13F COPA HOLDINGS CL A P31076105 134,341 3,594 2.75 14,520 12.45 0.0045
2019-11-14 2019-09-30 13F COPA HOLDINGS CL A P31076105 130,747 42,424 48.03 12,912 49.83 0.0034
2019-08-14 2019-06-30 13F/A-1 COPA HOLDINGS CL A P31076105 88,323 -22,343 -20.19 8,618 -3.40 0.0022
2019-08-14 2019-06-30 13F COPA HOLDINGS CL A P31076105 88,323 -97,195 8,618
2019-05-15 2019-03-31 13F COPA HOLDINGS CL A P31076105 110,666 15,539 16.34 8,921 19.15 0.0030
2019-02-14 2018-12-31 13F COPA HOLDINGS CL A P31076105 95,127 -82,604 -46.48 7,487 -47.24 0.0029
2018-11-14 2018-09-30 13F COPA HOLDINGS CL A P31076105 177,731 -97,764 -35.49 14,190 -45.56 0.0045
2018-08-14 2018-06-30 13F COPA HOLDINGS CL A P31076105 275,495 50,162 22.26 26,066 -10.07 0.0086
2018-05-15 2018-03-31 13F COPA HOLDINGS CL A P31076105 225,333 -21,023 -8.53 28,984 -12.24 0.0108
2018-02-14 2017-12-31 13F COPA HOLDINGS CL A P31076105 246,356 123,209 100.05 33,025 115.34 0.0119
2017-11-14 2017-09-30 13F COPA HOLDINGS CL A P31076105 123,147 -35,699 -22.47 15,336 -17.48 0.0057
2017-08-14 2017-06-30 13F COPA HOLDINGS CL A P31076105 158,846 15,420 10.75 18,585 15.43 0.0058
2017-05-15 2017-03-31 13F COPA HOLDINGS CL A P31076105 143,426 93,308 186.18 16,100 253.77 0.0053
2017-02-14 2016-12-31 13F COPA HOLDINGS CL A P31076105 50,118 36,358 264.23 4,551 276.12 0.0015
2016-11-14 2016-09-30 13F COPA HOLDINGS CL A P31076105 13,760 717 5.50 1,210 77.42 0.0004
2016-08-15 2016-06-30 13F COPA HOLDINGS CL A P31076105 13,043 -2,252 -14.72 682 -34.17 0.0003
2016-05-16 2016-03-31 13F COPA HOLDINGS CL A P31076105 15,295 36 0.24 1,036 40.57 0.0004
2016-02-16 2015-12-31 13F COPA HOLDINGS CL A P31076105 15,259 -1,613 -9.56 737 4.24 0.0003
2015-11-16 2015-09-30 13F COPA HOLDINGS CL A P31076105 16,872 -197 -1.15 707 -49.86 0.0003
2015-08-14 2015-06-30 13F COPA HOLDINGS SA- COMMON P31076105 17,069 1,533 9.87 1,410 -10.13 0.0006
2015-05-15 2015-03-31 13F COPA HOLDINGS SA- COMMON P31076105 15,536 -2,269 -12.74 1,569 -14.96 0.0006
2015-02-13 2014-12-31 13F COPA HOLDINGS SA- COMMON P31076105 17,805 -79,403 -81.68 1,845 -82.31 0.0007
2014-11-14 2014-09-30 13F COPA HOLDINGS SA- COMMON P31076105 97,208 -168,185 -63.37 10,428 -72.44 0.0042
2014-08-14 2014-06-30 13F COPA HOLDINGS SA- COMMON P31076105 265,393 -21,950 -7.64 37,837 -9.31 0.0149
2014-05-15 2014-03-31 13F COPA HOLDINGS SA- COMMON P31076105 287,343 -149,604 -34.24 41,719 -40.37 0.0169
2014-02-13 2013-12-31 13F COPA HOLDINGS SA- COMMON P31076105 436,947 39,451 9.92 69,960 26.92 0.0278
2013-11-13 2013-09-30 13F COPA HOLDINGS SA- COMMON P31076105 397,496 -57,405 -12.62 55,121 -7.59 0.0240
2013-08-14 2013-06-30 13F COPA HOLDINGS SA- COMMON P31076105 454,901 454,901 59,647 0.0278
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.