Copa Holdings
257 hedge funds and large institutions have $3.22B invested in Copa Holdings in 2025 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 104 increasing their positions, 61 reducing their positions, and 23 closing their positions.
130% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 23
70% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 61
11% more funds holding
Funds holding: 231 → 257 (+26)
5% more capital invested
Capital invested by funds: $3.07B → $3.22B (+$147M)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
2.68% less ownership
Funds ownership: 92.45% → 89.78% (-2.7%)
60% less call options, than puts
Call options by funds: $40.8M | Put options by funds: $103M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$66.1M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$24.5M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$16.4M |
| 4 |
Two Sigma Investments
New York
|
+$15.9M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$76.7M |
| 2 |
CC
Carrhae Capital
London,
United Kingdom
|
-$56.3M |
| 3 |
JP Morgan Chase
New York
|
-$46.5M |
| 4 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$26.5M |
| 5 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
-$20.3M |
CPA Hedge Fund Activity: Q3 2025 in Review
257 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q3 2025, worth a combined $3.22B — up 4.8% from $3.07B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CPA positions and 23 closed out — a net gain of 30 holders — while 104 added to existing stakes and 61 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $66.1M. The largest seller was Citadel Advisors, cutting an estimated $76.7M.
- 257 institutional investors held Copa Holdings (CPA) as of Q3 2025, up from 231 in Q2 2025.
- Funds reported $3.22B of Copa Holdings stock for Q3 2025, up 4.8% quarter-over-quarter.
- 53 funds opened new Copa Holdings positions in Q3 2025 and 23 closed out, a net change of +30 holders.
- The largest Copa Holdings buyer in Q3 2025 was Driehaus Capital Management, an estimated $66.1M added.
- The largest Copa Holdings seller in Q3 2025 was Citadel Advisors, an estimated $76.7M sold.
Based on aggregated 13F filings for Q3 2025.