Copa Holdings, S.A. — Major Shareholding Notification 2011

Feb 11, 2011

SC 13G/A 1 c62805b4sc13gza.htm SC 13G/A sc13gza PAGEBREAK

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Amendment #1

Under the Securities and Exchange Act of 1934

Copa Holdings SA

(Name of Issuer)

Common Stock

(Title of Class of Securities)

P31076105

(CUSIP Number)

December 31, 2010

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

This Schedule is filed pursuant to Rule 13d-1(b)

The information required in the remainder of this cover page (except any items to which the form provides a cross-reference) shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

Folio /Folio

PAGEBREAK

CUSIP No. P31076105

1	NAME OF REPORTING PERSON Ameriprise Financial, Inc. S.S. or I.R.S. Identification IRS No. 13-3180631 No. of Above Person
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a) o
	(b) þ *
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
	5	SOLE VOTING POWER
NUMBER OF		-0-
SHARES	6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY		-0-
EACH	7	SOLE DISPOSITIVE POWER
REPORTING
PERSON		-0-
WITH	8	SHARED DISPOSITIVE POWER
		2,781,337
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	2,781,337
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
	Not Applicable
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	8.52%
12	TYPE OF REPORTING PERSON
	CO

• This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

PAGEBREAK

CUSIP No. P31076105

1	NAME OF REPORTING PERSON Columbia Management Investment Advisers, LLC S.S. or I.R.S. Identification IRS No. 41-1533211 No. of Above Person
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a) o
	(b) þ *
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Minnesota
	5	SOLE VOTING POWER
NUMBER OF		-0-
SHARES	6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY		-0-
EACH	7	SOLE DISPOSITIVE POWER
REPORTING
PERSON		-0-
WITH	8	SHARED DISPOSITIVE POWER
		2,781,337
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	2,781,337
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
	Not Applicable
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	8.52%
12	TYPE OF REPORTING PERSON
	IA

• This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

PAGEBREAK

CUSIP No. P31076105

1	NAME OF REPORTING PERSON Columbia Value and Restructuring Fund S.S. or I.R.S. Identification IRS No. 04-3172852 No. of Above Person
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a) o
	(b) þ *
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Massasschutes
	5	SOLE VOTING POWER
NUMBER OF		1,700,000
SHARES	6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY		-0-
EACH	7	SOLE DISPOSITIVE POWER
REPORTING
PERSON		-0-
WITH	8	SHARED DISPOSITIVE POWER
		1,700,000
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	1,700,000
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
	Not Applicable
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	5.21%
12	TYPE OF REPORTING PERSON
	IV

• This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

PAGEBREAK

1(a)	Name of Issuer:	Copa Holdings SA
1(b)	Address of Issuer’s Principal	Complejo Business Park, Torre Norte
	Executive Offices:	Parque Lefevre
		Panama City, Panama
2(a)	Name of Person Filing:	(a) Ameriprise Financial, Inc. (“AFI”)
		(b) Columbia Management Investment Advisers, LLC (“CMIA”)
		(c) Columbia Value and Restructuring Fund (“CVR”)
2(b)	Address of Principal Business Office:	(a) Ameriprise Financial, Inc.
		145 Ameriprise Financial Center
		Minneapolis, MN 55474
		(b) 100 Federal St.
		Boston, MA 02110
		(c) 100 Federal St.
		Boston, MA 02110
2(c)	Citizenship:	(a) Delaware
		(b) Minnesota
		(c) Massasschutes
2(d)	Title of Class of Securities:	Common Stock
2(e)	Cusip Number:	P31076105

3 Information if statement is filed pursuant to Rules 13d-1(b) or 13d-2(b):

(a) Ameriprise Financial, Inc.

A parent holding company in accordance with Rule 13d-1(b)(1)(ii)(G). (Note: See Item 7)

(b) Columbia Management Investment Advisers, LLC

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)

(c) Columbia Value and Restructuring Fund

An investment company registered under Section 8 of the Investment Company Act of 1940.

4 Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person.

Folio /Folio

PAGEBREAK

CMIA, as an investment adviser to CVR, may be deemed to beneficially own the shares reported herein by CVR. Accordingly, the shares reported herein by CMIA include those shares separately reported herein by CVR.

AFI, as the parent company of CMIA, may be deemed to beneficially own the shares reported herein by CMIA. Accordingly, the shares reported herein by AFI include those shares separately reported herein by CMIA.

Each of AFI and CMIA, and the subsidiaries identified on the attached Exhibit I, disclaims beneficial ownership of any shares reported on this Schedule.

5	Ownership of 5% or Less of a Class: Not Applicable
6	Ownership of more than 5% on Behalf of Another Person:
	The clients of Columbia Management Investment Advisers, LLC, a
registered investment adviser, including investment companies
registered under the Investment Company Act of 1940 and other managed
accounts, have the right to receive or the power to direct the receipt
of dividends and proceeds from the sale of shares included on this
Schedule. As of December 31, 2010, only CVR, a registered investment
company, owned more than 5% of the class of securities reported
herein. Any remaining shares reported herein by CMIA are owned by
various other accounts managed by CMIA on a discretionary basis. To
the best of CMIA’s knowledge, none of these other accounts own more
than 5% of the outstanding shares.

7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:

AFI: See Exhibit I

8 Identification and Classification of Members of the Group:

Not Applicable

9 Notice of Dissolution of Group:

Not Applicable

10
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.

Folio /Folio

PAGEBREAK

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 11, 2011

/s/ Wade M. Voigt
Name:	Wade M. Voigt
Title:	Director — Fund Administration

Columbia Management Investment Advisers, LLC — By:	/s/ Amy Johnson
	Name:	Amy Johnson
	Title:	Chief Operating Officer
Columbia Funds Series Trust I, on behalf of its series Columbia Value and Restructuring Fund
By:	/s/ Scott R. Plummer
	Name:	Scott R. Plummer
	Title:	Senior Vice President, Secretary and
Chief Legal Officer
Contact Information
	Wade M. Voigt
	Director — Fund
Administration Telephone: (612) 671-5682

Folio /Folio

PAGEBREAK

Exhibit Index

| Exhibit I | Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company. | | --- | --- | | Exhibit II | Joint Filing Agreement |

Folio /Folio