Thornburg Investment Management’s Grand Canyon Education LOPE Stock Holding History

Thornburg Investment 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 Q4	–	Sell	-255,964	Closed	-$23.2M	–	250
2017 Q3	$23.2M	Sell	255,964 -278,058	-52%	-$22.3M	0.17%	116
2017 Q2	$41.9M	Sell	534,022 -332,350	-38%	-$25.4M	0.32%	72
2017 Q1	$62M	Buy	866,372 +2,038	+0.2%	+$127K	0.5%	54
2016 Q4	$50.5M	Sell	864,334 -53,227	-6%	-$2.72M	0.39%	61
2016 Q3	$37.1M	Sell	917,561 -17,976	-2%	-$747K	0.28%	73
2016 Q2	$37.3M	Sell	935,537 -75,379	-7%	-$3.18M	0.29%	71
2016 Q1	$43.2M	Buy	1,010,916 +120,064	+13%	+$4.63M	0.29%	74
2015 Q4	$35.7M	Sell	890,852 -3,590	-0.4%	-$141K	0.23%	103
2015 Q3	$34M	Buy	894,442 +506,853	+131%	+$20.4M	0.21%	109
2015 Q2	$16.4M	Buy	+387,589	New	+$16.8M	0.09%	185

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

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

VBA

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

Handelsbanken Fonder Stockholm, Sweden $35.1B AUM 47.76% 1-Year Est. Return

ACH

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

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

Thornburg Investment Management's LOPE Position: Q4 2017 in Review

Thornburg Investment Management sold out of Grand Canyon Education (LOPE) in Q4 2017, closing a stake of 255,964 shares — an estimated $23.2M sold.

Thornburg Investment Management first reported a position in LOPE in Q2 2015 and held it in 10 quarters. The position peaked at $62M in Q1 2017. 291 funds tracked by Wall St. Rank hold LOPE as of Q4 2017.

Thornburg Investment Management reported no remaining Grand Canyon Education position as of Q4 2017 after selling out during the quarter.
Thornburg Investment Management sold 255,964 Grand Canyon Education shares in Q4 2017, an estimated $23.2M.
Thornburg Investment Management first reported a position in Grand Canyon Education in Q2 2015 and held it in 10 quarters.
Thornburg Investment Management's Grand Canyon Education position peaked at $62M in Q1 2017.
291 funds tracked by Wall St. Rank held Grand Canyon Education as of Q4 2017.

Based on Thornburg Investment Management's 13F filing for Q4 2017, filed 14 Feb 2018.