Copa Holdings
283 hedge funds and large institutions have $3.28B invested in Copa Holdings in 2025 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 113 increasing their positions, 68 reducing their positions, and 26 closing their positions.
127% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 26
66% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 68
10% more funds holding
Funds holding: 258 → 283 (+25)
2% more capital invested
Capital invested by funds: $3.22B → $3.28B (+$64M)
0.29% more ownership
Funds ownership: 89.78% → 90.08% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
47% less call options, than puts
Call options by funds: $21.8M | Put options by funds: $41.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$25.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.2M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$19.1M |
| 4 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
+$15.9M |
| 5 |
CC
Carrhae Capital
London,
United Kingdom
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$47.8M |
| 2 |
Millennium Management
New York
|
-$41M |
| 3 |
Renaissance Technologies
New York
|
-$14.1M |
| 4 |
FGP
Freestone Grove Partners
San Francisco,
California
|
-$11.9M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$11.4M |
CPA Hedge Fund Activity: Q4 2025 in Review
283 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q4 2025, worth a combined $3.28B — up 2% from $3.22B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new CPA positions and 26 closed out — a net gain of 33 holders — while 113 added to existing stakes and 68 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $25.6M. The largest seller was Sprucegrove Investment Management, cutting an estimated $47.8M.
- 283 institutional investors held Copa Holdings (CPA) as of Q4 2025, up from 258 in Q3 2025.
- Funds reported $3.28B of Copa Holdings stock for Q4 2025, up 2% quarter-over-quarter.
- 59 funds opened new Copa Holdings positions in Q4 2025 and 26 closed out, a net change of +33 holders.
- The largest Copa Holdings buyer in Q4 2025 was Balyasny Asset Management, an estimated $25.6M added.
- The largest Copa Holdings seller in Q4 2025 was Sprucegrove Investment Management, an estimated $47.8M sold.
Based on aggregated 13F filings for Q4 2025.