Marathon Halves Its Copa Stake—The Panama Hub Advantage Still Stands
Marathon Capital Management has reduced its stake in Copa Holdings by selling 23,765 shares, valued at approximately $3.12 million. The firm's remaining position now accounts for 0.71% of its assets under management. Despite this reduction, Copa Holdings continues to operate as a leading airline in Latin America, leveraging its strategic hub in Panama City.
- ▪Marathon Capital Management sold 23,765 shares of Copa Holdings, resulting in a transaction value of $3.12 million.
- ▪The quarter-end value of Marathon's position in Copa decreased by $3.06 million due to share sales and stock price movements.
- ▪Copa Holdings operates a fleet of Boeing 737 aircraft and serves 69 destinations across the Americas and the Caribbean.
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Marathon Halves Its Copa Stake—The Panama Hub Advantage Still Stands Seena Hassouna, The Motley Fool Sat, May 23, 2026 at 6:06 AM PDT 4 min read On May 13, 2026, Marathon Capital Management disclosed in an SEC filing that it sold 23,765 shares of Copa Holdings (NYSE:CPA), an estimated $3.12 million trade based on quarterly average pricing. Sold 23,765 shares of Copa Holdings; estimated trade size was $3.12 million based on quarterly average pricing Quarter-end position value decreased by $3.06 million, reflecting both share sales and stock price movements Transaction represented a 0.7% change in 13F reportable AUM Post-trade stake: 27,788 shares valued at $3.16 million Position now accounts for 0.71% of fund AUM, which places it outside the fund's top five holdings What happened According…
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