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RIVERBRIDGE PARTNERS LLC
> LOPE
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2022 | Grand Canyon Education, Inc. | LOPE | 2,059,490 | -45,936 | 217,606,000 | 19,296,000 | $105.66 |
| 06/30/2022 | Grand Canyon Education, Inc. | LOPE | 2,105,426 | -865,914 | 198,310,000 | -90,237,000 | $94.19 |
| 03/31/2022 | Grand Canyon Education, Inc. | LOPE | 2,971,340 | 186,588 | 288,547,000 | 49,866,000 | $97.11 |
| 12/31/2021 | Grand Canyon Education, Inc. | LOPE | 2,784,752 | -78,169 | 238,681,094 | -13,141,906 | $85.71 |
| 09/30/2021 | Grand Canyon Education, Inc. | LOPE | 2,862,921 | 1,504 | 251,823,000 | -5,619,000 | $87.96 |
| 06/30/2021 | Grand Canyon Education, Inc. | LOPE | 2,861,417 | 943,770 | 257,442,000 | 78,890,000 | $89.97 |
| 12/31/2020 | Grand Canyon Education, Inc. | LOPE | 1,917,647 | 112,548 | 178,552,000 | 34,252,000 | $93.11 |
| 09/30/2020 | Grand Canyon Education, Inc. | LOPE | 1,805,099 | 45,913 | 144,300,000 | -14,959,000 | $79.94 |
| 06/30/2020 | Grand Canyon Education, Inc. | LOPE | 1,759,186 | 33,691 | 159,259,000 | 27,630,000 | $90.53 |
| 03/31/2020 | Grand Canyon Education, Inc. | LOPE | 1,725,495 | 11,100 | 131,629,000 | -32,593,000 | $76.28 |
| 12/31/2019 | Grand Canyon Education, Inc. | LOPE | 1,714,395 | 514,236 | 164,222,000 | 46,366,000 | $95.79 |
| 09/30/2019 | Grand Canyon Education, Inc. | LOPE | 1,200,159 | 2,666 | 117,856,000 | -22,275,000 | $98.20 |
| 06/30/2019 | Grand Canyon Education, Inc. | LOPE | 1,197,493 | -50,994 | 140,131,000 | -2,833,000 | $117.02 |
| 03/31/2019 | Grand Canyon Education, Inc. | LOPE | 1,248,487 | -89,656 | 142,964,000 | 14,315,000 | $114.51 |
| 12/31/2018 | Grand Canyon Education, Inc. | LOPE | 1,338,143 | -48,460 | 128,649,000 | -27,760,000 | $96.14 |
| 09/30/2018 | Grand Canyon Education, Inc. | LOPE | 1,386,603 | -41,583 | 156,409,000 | -2,991,000 | $112.80 |
| 06/30/2018 | Grand Canyon Education, Inc. | LOPE | 1,428,186 | -707,327 | 159,400,000 | -64,658,000 | $111.61 |
| 03/31/2018 | Grand Canyon Education, Inc. | LOPE | 2,135,513 | -88,233 | 224,058,000 | 24,966,000 | $104.92 |
| 12/31/2017 | Grand Canyon Education, Inc. | LOPE | 2,223,746 | -113,342 | 199,091,979 | -13,162,021 | $89.53 |
| 09/30/2017 | Grand Canyon Education, Inc. | LOPE | 2,337,088 | -142,121 | 212,254,000 | 17,859,000 | $90.82 |
| 06/30/2017 | Grand Canyon Education, Inc. | LOPE | 2,479,209 | -281,399 | 194,395,000 | -3,292,000 | $78.41 |
| 03/31/2017 | Grand Canyon Education, Inc. | LOPE | 2,760,608 | -98,900 | 197,687,000 | 30,549,000 | $71.61 |
| 12/31/2016 | Grand Canyon Education, Inc. | LOPE | 2,859,508 | -155,587 | 167,138,000 | 45,358,000 | $58.45 |
| 09/30/2016 | Grand Canyon Education, Inc. | LOPE | 3,015,095 | -56,003 | 121,780,000 | -818,000 | $40.39 |
| 06/30/2016 | Grand Canyon Education, Inc. | LOPE | 3,071,098 | -104,207 | 122,598,000 | -13,115,000 | $39.92 |
| 03/31/2016 | Grand Canyon Education, Inc. | LOPE | 3,175,305 | 597,158 | 135,713,000 | 52,619,000 | $42.74 |
| 12/31/2015 | Grand Canyon Education, Inc. | LOPE | 3,136,487 | 522,876 | 125,836,000 | 20,664,000 | $40.12 |
| 09/30/2015 | Grand Canyon Education, Inc. | LOPE | 2,995,523 | 366,956 | 113,800,000 | 2,349,000 | $37.99 |
| 06/30/2015 | Grand Canyon Education, Inc. | LOPE | 2,628,567 | 14,956 | 111,451,000 | 6,279,000 | $42.40 |
| 03/31/2015 | Grand Canyon Education, Inc. | LOPE | 2,250,327 | -11,981 | 97,439,000 | -8,120,000 | $43.30 |
| 12/31/2014 | Grand Canyon Education, Inc. | LOPE | 2,262,308 | -351,303 | 105,559,000 | 387,000 | $46.66 |
| 09/30/2014 | Grand Canyon Education, Inc. | LOPE | 2,325,039 | -288,572 | 94,792,000 | -10,380,000 | $40.77 |
| 06/30/2014 | Grand Canyon Education, Inc. | LOPE | 3,023,077 | 409,466 | 138,971,000 | 33,799,000 | $45.97 |
| 03/31/2014 | Grand Canyon Education, Inc. | LOPE | 2,963,436 | -42,049 | 138,392,000 | 7,353,000 | $46.70 |
| 12/31/2013 | Grand Canyon Education, Inc. | LOPE | 3,005,485 | 391,874 | 131,039,000 | 25,867,000 | $43.60 |
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