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

Tributary 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
2019 Q4	–	Sell	-9,900	Closed	-$972K	–	207
2019 Q3	$972K	Hold	9,900	–	–	0.07%	142
2019 Q2	$1.16M	Hold	9,900	–	–	0.08%	132
2019 Q1	$1.13M	Sell	9,900 -1,300	-12%	-$134K	0.08%	134
2018 Q4	$1.08M	Sell	11,200 -1,000	-8%	-$116K	0.1%	134
2018 Q3	$1.38M	Buy	12,200 +4,500	+58%	+$525K	0.1%	136
2018 Q2	$859K	Hold	7,700	–	–	0.07%	147
2018 Q1	$808K	Buy	7,700 +700	+10%	+$67.6K	0.07%	145
2017 Q4	$627K	Sell	7,000 -1,200	-15%	-$109K	0.05%	170
2017 Q3	$745K	Sell	8,200 -500	-6%	-$40.1K	0.06%	157
2017 Q2	$682K	Sell	8,700 -2,200	-20%	-$168K	0.06%	166
2017 Q1	$781K	Sell	10,900 -10,900	-50%	-$677K	0.08%	154
2016 Q4	$1.27M	Sell	21,800 -10,900	-33%	-$557K	0.15%	128
2016 Q3	$1.32M	Sell	32,700 -1,000	-3%	-$41.6K	0.17%	130
2016 Q2	$1.34M	Sell	33,700 -17,500	-34%	-$738K	0.2%	134
2016 Q1	$2.19M	Sell	51,200 -1,000	-2%	-$38.5K	0.35%	103
2015 Q4	$2.09M	Buy	52,200 +19,400	+59%	+$764K	0.35%	101
2015 Q3	$1.25M	Sell	32,800 -33,200	-50%	-$1.33M	0.21%	137
2015 Q2	$2.8M	Buy	66,000 +16,200	+33%	+$702K	0.44%	94
2015 Q1	$2.16M	Buy	49,800 +6,000	+14%	+$269K	0.34%	118
2014 Q4	$2.04M	Buy	+43,800	New	+$1.95M	0.35%	119

Other funds holding LOPE

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

William Blair Investment Management Chicago, Illinois $33.3B AUM 44.76% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

VBA

Van Berkom & Associates Montreal, Quebec, Canada $3.1B AUM 12.88% 1-Year Est. Return

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

Tributary Capital Management's LOPE Position: Q4 2019 in Review

Tributary Capital Management sold out of Grand Canyon Education (LOPE) in Q4 2019, closing a stake of 9,900 shares — an estimated $972K sold.

Tributary Capital Management first reported a position in LOPE in Q4 2014 and held it in 20 quarters. The position peaked at $2.8M in Q2 2015. 297 funds tracked by Wall St. Rank hold LOPE as of Q4 2019.

Tributary Capital Management reported no remaining Grand Canyon Education position as of Q4 2019 after selling out during the quarter.
Tributary Capital Management sold 9,900 Grand Canyon Education shares in Q4 2019, an estimated $972K.
Tributary Capital Management first reported a position in Grand Canyon Education in Q4 2014 and held it in 20 quarters.
Tributary Capital Management's Grand Canyon Education position peaked at $2.8M in Q2 2015.
297 funds tracked by Wall St. Rank held Grand Canyon Education as of Q4 2019.

Based on Tributary Capital Management's 13F filing for Q4 2019, filed 16 Jan 2020.