COPA HOLDINGS SA

Ticker: CPA CUSIP: P31076105 Class: CL A

CAPSTONE INVESTMENT ADVISORS, LLC's Holding History (CIK: 0001426196)

Note: Option positions (PUT/CALL) are excluded.

Q2 2017

Shares 4,600 Value ($000) $538 Avg Close $89.84 Range $84.05 - $97.98

Q4 2016

Shares 2,300 Value ($000) $208 Avg Close $70.04 Range $64.19 - $74.78

Q3 2016

Shares 16,244 Value ($000) $1,428 Avg Close $58.31 Range $38.58 - $69.96

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	4,600	$538	$89.84	$84.05 - $97.98
Q4 2016	2,300	$208	$70.04	$64.19 - $74.78
Q3 2016	16,244	$1,428	$58.31	$38.58 - $69.96