MARATHON CAPITAL MANAGEMENT

Position in CPA — Copa Holdings, S.A.

CIK 1213206 Hunt Valley, MD

Position in CPA

as of Jun 30, 2026 · filed Jul 22, 2026 Compact

Position Value

$3,653,250

+$496,256 QoQ

Shares Held

23,483

-15.5% QoQ

Ownership

0.058%

of shares outstanding

% of Portfolio

0.84%

of 13F equity value

Holder Rank

#86

of 322 holders

Holding Since

Mar 2020

19 quarters on record

Voting authority Sole 17% Shared 0% None 83%

Industrials · as of Jun 30, 2026

MARATHON CAPITAL MANAGEMENT holds $3,653,250 across 1 Airlines name. CPA ranks #1 (100.0% of the industry book) .

#	Ticker	Company	Shares	Value (USD)	Open
1	CPA	Copa Holdings, S.A. This page	23,483	$3,653,250

19 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-06-30	$3,653,250	23,483	-15.5%	Shares	Sole	2026-07-22
2026-03-31	$3,156,994	27,788	-46.1%	Shares	Sole	2026-05-14
2025-12-31	$6,217,807	51,553	-27.8%	Shares	Sole	2026-01-29
2025-09-30	$8,480,539	71,373	-1.8%	Shares	Sole	2025-11-14
2025-06-30	$7,994,599	72,698	-1.4%	Shares	Sole	2025-08-14
2024-12-31	$6,477,459	73,708	+4.2%	Shares	Sole	2025-02-14
2024-09-30	$6,640,399	70,763	+1.8%	Shares	Sole	2024-11-14
2024-06-30	$6,615,295	69,503	+11.8%	Shares	Sole	2024-08-14
2024-03-31	$6,478,022	62,193	+3.2%	Shares	Sole	2024-05-15
2023-12-31	$6,407,622	60,273	+11.7%	Shares	Sole	2024-02-14
2023-09-30	$4,809,182	53,963	-7.0%	Shares	Sole	2023-11-14
2023-06-30	$6,414,192	58,005	+5.7%	Shares	Sole	2023-08-15
2023-03-31	$5,067,706	54,875	+0.2%	Shares	Sole	2023-05-12
2022-12-31	$4,555,636	54,775	+7.6%	Shares	Sole	2023-02-14
2022-09-30	$3,410,809	50,900	+4.9%	Shares	Sole	2022-11-14
2022-06-30	$3,075,029	48,525	-0.6%	Shares	Sole	2022-08-12
2022-03-31	$4,083,723	48,825	+1.4%	Shares	Sole	2022-05-13
2021-12-31	$3,980,079	48,150	+778.6%	Shares	Sole	2022-02-09
2020-03-31	$248,189	5,480	—	Shares	Sole	2020-05-15
No filing history on record for this holder in this stock.