Hussman Strategic Advisors’s Copa Holdings CPA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-20,000	Closed	-$2.77M	–	206
2013 Q3	$2.77M	Sell	20,000 -50,000	-71%	-$6.93M	0.15%	121
2013 Q2	$9.18M	Buy	+70,000	New	+$9.18M	0.42%	97