COPA HOLDINGS SA

Ticker: CPA CUSIP: P31076105 Class: CL A

Ruffer LLP's Holding History (CIK: 0001426859)

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

Q4 2025

Shares 48,819 Value ($000) $5,897 Avg Close $121.26 Range $109.53 - $128.28

Q3 2025

Shares 36,729 Value ($000) $4,364 Avg Close $111.94 Range $103.74 - $121.37

Q2 2025

Shares 56,488 Value ($000) $6,212 Avg Close $95.21 Range $79.18 - $107.80

Q4 2024

Shares 76,658 Value ($000) $6,737 Avg Close $88.34 Range $80.48 - $99.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	48,819	$5,897	$121.26	$109.53 - $128.28
Q3 2025	36,729	$4,364	$111.94	$103.74 - $121.37
Q2 2025	56,488	$6,212	$95.21	$79.18 - $107.80
Q4 2024	76,658	$6,737	$88.34	$80.48 - $99.78