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GAM SYSTEMATIC LLP
> LOPE
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2017 | Grand Canyon Education, Inc. | LOPE | 33,590 | -18,672 | 3,051,000 | -1,047,000 | $90.83 |
| 06/30/2017 | Grand Canyon Education, Inc. | LOPE | 52,262 | 22,429 | 4,098,000 | 1,962,000 | $78.41 |
| 03/31/2017 | Grand Canyon Education, Inc. | LOPE | 29,833 | 2,234 | 2,136,000 | 523,000 | $71.60 |
| 12/31/2016 | Grand Canyon Education, Inc. | LOPE | 27,599 | -21,126 | 1,613,000 | -1,966,387,000 | $58.44 |
| 09/30/2016 | Grand Canyon Education, Inc. | LOPE | 48,725 | 2,528 | 1,968,000 | -1,842,032,000 | $40.39 |
| 06/30/2016 | Grand Canyon Education, Inc. | LOPE | 46,197 | 16,119 | 1,844,000 | -1,284,156,000 | $39.92 |
| 03/31/2016 | Grand Canyon Education, Inc. | LOPE | 30,078 | 6,167 | 1,286,000 | 327,000 | $42.76 |
| 12/31/2015 | Grand Canyon Education, Inc. | LOPE | 23,911 | 23,911 | 959,000 | 959,000 | $40.11 |
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