Herndon Capital Management’s Grand Canyon Education LOPE Stock Holding History

Herndon Capital Management’s Portfolio LOPE Stock Details LOPE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-117	Closed	-$7K	–	206
2016 Q4	$7K	Sell	117 -28	-19%	-$1.43K	﹤0.01%	166
2016 Q3	$6K	Sell	145 -17	-10%	-$707	﹤0.01%	227
2016 Q2	$6K	Buy	162 +124	+326%	+$5.23K	﹤0.01%	231
2016 Q1	$2K	Sell	38 -1,812	-98%	-$69.8K	﹤0.01%	169
2015 Q4	$74K	Buy	1,850 +1,368	+284%	+$53.9K	﹤0.01%	144
2015 Q3	$18K	Buy	482 +177	+58%	+$7.11K	﹤0.01%	153
2015 Q2	$13K	Hold	305	–	–	﹤0.01%	161
2015 Q1	$11K	Buy	305 +37	+14%	+$1.66K	﹤0.01%	161
2014 Q4	$13K	Buy	+268	New	+$12K	﹤0.01%	155

Other funds holding LOPE

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Riverbridge Partners Minneapolis, Minnesota $3.58B AUM 4.02% 1-Year Est. Return

VBA

Van Berkom & Associates Montreal, Quebec, Canada $3.08B AUM 12.07% 1-Year Est. Return

William Blair Investment Management Chicago, Illinois $30.3B AUM 33.75% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

ACH

ArrowMark Colorado Holdings Denver, Colorado $3.76B AUM 21.77% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Herndon Capital Management's LOPE Position: Q1 2017 in Review

Herndon Capital Management sold out of Grand Canyon Education (LOPE) in Q1 2017, closing a stake of 117 shares — an estimated $7K sold.

Herndon Capital Management first reported a position in LOPE in Q4 2014 and held it in 9 quarters. The position peaked at $74K in Q4 2015. 218 funds tracked by Wall St. Rank hold LOPE as of Q1 2017.

Herndon Capital Management reported no remaining Grand Canyon Education position as of Q1 2017 after selling out during the quarter.
Herndon Capital Management sold 117 Grand Canyon Education shares in Q1 2017, an estimated $7K.
Herndon Capital Management first reported a position in Grand Canyon Education in Q4 2014 and held it in 9 quarters.
Herndon Capital Management's Grand Canyon Education position peaked at $74K in Q4 2015.
218 funds tracked by Wall St. Rank held Grand Canyon Education as of Q1 2017.

Based on Herndon Capital Management's 13F filing for Q1 2017, filed 10 May 2017.