Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CPA held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Capital World Investors | 3.7M | $421.9M | -19.3% | 9.007% | 0.06% |
| 2 | BAILLIE GIFFORD & CO | 2.6M | $293.3M | -6.0% | 6.261% | 0.30% |
| 3 | SPRUCEGROVE INVESTMENT MANAGEMENT LTD | 1.7M | $193.0M | -11.1% | 4.121% | 30.88% |
| 4 | DIMENSIONAL FUND ADVISORS LP | 1.4M | $158.7M | +3.9% | 3.388% | 0.03% |
| 5 | FMR LLC | 1.2M | $137.8M | -8.1% | 2.942% | 0.01% |
| 6 | Capital Research Global Investors | 1.0M | $117.2M | — | 2.502% | 0.02% |
| 7 | BRANDES INVESTMENT PARTNERS, LP | 736K | $83.6M | +12.5% | 1.786% | 0.59% |
| 8 | RENAISSANCE TECHNOLOGIES LLC | 734K | $83.4M | -4.9% | 1.781% | 0.13% |
| 9 | Artemis Investment Management LLP | 620K | $70.5M | +37.3% | 1.504% | 0.75% |
| 10 | Carrhae Capital LLP | 518K | $58.9M | +315.4% | 1.257% | 3.93% |
| 11 | Vontobel Holding Ltd. | 511K | $58.0M | +5.4% | 1.239% | 0.20% |
| 12 | TWO SIGMA INVESTMENTS, LP | 475K | $54.0M | +67.0% | 1.153% | 0.04% |
| 13 | Wishbone Management, LP | 473K | $53.7M | 0.0% | 1.146% | 39.59% |
| 14 | RAYMOND JAMES FINANCIAL INC | 469K | $53.2M | +0.3% | 1.136% | 0.02% |
| 15 | Marathon Asset Management Ltd | 424K | $48.2M | +3.6% | 1.029% | 1.85% |
| 16 | Cullen Capital Management, LLC | 413K | $47.0M | +152.7% | 1.002% | 0.48% |
| 17 | SEI INVESTMENTS CO | 351K | $39.9M | +5.1% | 0.852% | 0.04% |
| 18 | GOLDMAN SACHS GROUP INC | 334K | $37.9M | +25.3% | 0.810% | 0.00% |
| 19 | MORGAN STANLEY | 321K | $36.4M | +18.7% | 0.778% | 0.00% |
| 20 | Clark Capital Management Group, Inc. | 313K | $35.5M | -43.2% | 0.759% | 0.22% |
| 21 | Artisan Partners Limited Partnership | 304K | $34.5M | +19.7% | 0.737% | 0.06% |
| 22 | INCA Investments LLC | 237K | $26.9M | — | 0.575% | 9.56% |
| 23 | SPX Equities Gestao de Recursos Ltda | 225K | $25.5M | -42.9% | 0.545% | 2.13% |
| 24 | WASATCH ADVISORS INC | 218K | $24.7M | -52.1% | 0.528% | 0.16% |
| 25 | LETKO, BROSSEAU & ASSOCIATES INC | 203K | $23.0M | +3.9% | 0.492% | 0.37% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in CPA — a direct measure of their conviction.
Filings activity in CPA during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 291 | +5.1% | 47.61% | 10.53 pp | $2.78B | 18% |
| Q4 2025 | 277 | +13% | 58.14% | +3.16 pp | $3.40B | +5.7% |
| Q3 2025 | 246 | +7.4% | 54.98% | 18.37 pp | $3.21B | 25% |
| Q2 2025 | 229 | +29% | 73.35% | +32.57 pp | $4.28B | +80% |
| Q1 2025 | 178 | 6.3% | 40.78% | 0.81 pp | $2.38B | 1.9% |
| Q4 2024 | 190 | +0.0% | 41.59% | 101.52 pp | $2.43B | 71% |
| Q3 2024 | 190 | 8.2% | 143.11% | +100.58 pp | $8.36B | +236% |
| Q2 2024 | 207 | — | 42.53% | — | $2.48B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CPA stock.
Based on Q1 2026 13F filings, institutional ownership of Copa Holdings, S.A. stands at 47.6%, held across 291 reporting institutions.
Capital World Investors is the largest reported institutional holder of CPA, with approximately 3,713,509 shares worth $0.42B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of CPA, including RENAISSANCE TECHNOLOGIES LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for CPA is 47 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
50 institutions opened new positions in CPA during Q1 2026, while 36 fully exited. 80 added to existing positions and 158 trimmed.
CPA institutional ownership fell by 10.53 percentage points quarter-over-quarter, with a net change of +14 holders.
The top 10 institutions account for 58.2% of all reported 13F value in CPA, and the top 25 account for 79.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Copa Holdings, S.A. (CPA) Institutional Ownership