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Copa Holdings
CPA

Name Holding Trade Value Shares
Change 		Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$237M +$231M +1,809,276 New
Morgan Stanley
2
Morgan Stanley
New York
$208M +$203M +1,586,787 New
Massachusetts Financial Services
3
Massachusetts Financial Services
Massachusetts
$169M +$165M +1,291,308 New
Fidelity International
4
Fidelity International
Bermuda
$169M +$165M +1,290,360 New
Grantham, Mayo, Van Otterloo & Co (GMO)
5
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$155M +$151M +1,180,442 New
Wells Fargo
6
Wells Fargo
California
$150M +$147M +1,147,149 New
Ameriprise
7
Ameriprise
Minnesota
$134M +$131M +1,024,755 New
HCM
8
Herndon Capital Management
Georgia
$125M +$122M +955,757 New
Franklin Resources
9
Franklin Resources
California
$115M +$112M +879,457 New
BIT
10
BlackRock Institutional Trust
California
$104M +$102M +794,867 New
BG
11
BlackRock Group
United Kingdom
$104M +$102M +794,660 New
JP Morgan Chase
12
JP Morgan Chase
New York
$100M +$97.8M +765,789 New
Wellington Management Group
13
Wellington Management Group
Massachusetts
$95.1M +$92.6M +725,063 New
RFC
14
Russell Frank Company
Washington
$85.3M +$83.1M +650,559 New
FAM
15
Fred Alger Management
New York
$78.5M +$76.5M +598,481 New
DCM
16
Dupont Capital Management
Delaware
$76.6M +$74.6M +584,133 New
AI
17
Axiom Investors
Connecticut
$76.6M +$74.6M +583,960 New
HL
18
Harding Loevner
New Jersey
$70.2M +$68.4M +535,385 New
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$68.1M +$66.4M +519,656 New
William Blair & Company
20
William Blair & Company
Illinois
$65M +$63.3M +495,510 New
GA
21
Geneva Advisors
Illinois
$60.2M +$58.7M +459,488 New
Invesco
22
Invesco
Georgia
$59.6M +$58.1M +454,901 New
TGA
23
Trilogy Global Advisors
Florida
$58.4M +$56.9M +445,394 New
TCIM
24
TIAA CREF Investment Management
New York
$55.9M +$54.5M +426,249 New
Baillie Gifford & Co
25
Baillie Gifford & Co
United Kingdom
$54.2M +$52.8M +413,216 New
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