Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

COPA HOLDINGS SA (CPA)

284 + Investors. Track Smart Money conviction in CPA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +26
Streak
3Q ▲
Buyers last Q
62%

Smart Money Signals — CPA

Based on 274 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added CPA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
274 hedge funds hold CPA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +41% more funds vs a year ago

fund count last 6Q
+80 new funds entered over the past year (+41% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 3 quarters from the low — a sharp move.
🟢

More buyers than sellers — 62% buying

167 buying101 selling
Last quarter: 167 funds were net buyers (54 opened a brand new position + 113 added to an existing one). Only 101 were sellers (73 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new CPA position: 24 → 68 → 48 → 54. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 20% medium ■ 25% new
150 out of 274 hedge funds have held CPA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

37 → 24 → 68 → 48 → 54 new funds/Q
New funds entering each quarter: 24 → 68 → 48 → 54. A growing number of institutions are discovering CPA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 64% of holders stayed 2+ years

■ 64% veterans ■ 9% 1-2yr ■ 27% new
Of 284 current holders: 181 (64%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
26 of 274 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: CPA

How many hedge funds hold CPA — quarterly history vs. share price
Quarterly hedge fund ownership of CPA vs. share price

Market Analysis: CPA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CPA

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 3 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: CPA
2026 Q1 Stats Unlock in 20 days 284 + Investors

Track Smart Money conviction in CPA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 284 260 9.23%
13F Shares 28M 28M -1.07%
Total Value $3.46B $3.35B 3.39%
New Positions 54 48 +6
Increased Positions 125 124 +1
Closed Positions 30 26 +4
Reduced Positions 92 78 +14
Total Calls 6 9 -33.33%
Total Puts 7 7 -
PUT/CALL Ratio 1.17 0.78 Neutral

Statistics: CPA

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Institutional Holders (2026 Q1)

284 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CPA. Verified SEC 13F-HR filings.

Top 25 institutional holders of CPA — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 1492 Capital Management LLC 2.32% 53,743 $6.1M
2 Marathon Asset Management Ltd 1.85% 424,158 $48.2M
3 Artemis Investment Management LLP 0.75% 620,198 $70.5M
4 Legend Financial Advisors, Inc. 0.59% 7,997 $909K
5 DELTEC ASSET MANAGEMENT LLC 0.58% 27,925 $3.2M
6 Everstar Asset Management, LLC 0.52% 8,607 $978K
7 KLEIN PAVLIS & PEASLEY FINANCIAL, INC. 0.45% 7,209 $819K
8 Quad-Cities Investment Group, LLC 0.38% 8,350 $949K
9 Hosking Partners LLP 0.26% 64,878 $7.4M
10 SEVEN MILE ADVISORY 0.24% 2,937 $334K
11 BURNEY CO/ 0.22% 60,789 $6.9M
12 Severin Investments, LLC 0.20% 2,072 $235K
13 R Squared Ltd 0.18% 2,883 $328K
14 WASATCH ADVISORS LP 0.16% 217,648 $24.7M
15 MARIETTA INVESTMENT PARTNERS LLC 0.16% 7,199 $818K
16 NOVEM GROUP 0.11% 8,413 $956K
17 Marshall Financial Group, LLC 0.11% 5,936 $674K
18 Redhawk Wealth Advisors, Inc. 0.10% 7,894 $897K
19 Carolina Wealth Advisors, LLC 0.09% 1,929 $219K
20 HARBOR CAPITAL ADVISORS, INC. 0.09% 9,315 $1K
21 Ethic Inc. 0.08% 46,954 $5.3M
22 Y-Intercept (Hong Kong) Ltd 0.08% 37,147 $4.2M
23 Concurrent Investment Advisors, LLC 0.07% 59,600 $6.8M
24 CWA Asset Management Group, LLC 0.07% 17,635 $2.0M
25 Bayforest Capital Ltd 0.06% 479 $54K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — COPA HOLDINGS SA (CPA)

What does the Smart Money Trend signal show for CPA?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added CPA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CPA?

More buyers than sellers — 62% buying: Last quarter: 167 funds were net buyers (54 opened a brand new position + 113 added to an existing one). Only 101 were sellers (73 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CPA holders?

Strong quality — 39% AUM from major funds: 26 of 274 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CPA?

55% of holders stayed for 2+ years: 150 out of 274 hedge funds have held CPA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.