CHURCHILL DOWNS INC

Ticker: CHDN CUSIP: 171484108 Class: COM

TWO SIGMA INVESTMENTS, LP's Holding History (CIK: 0001179392)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 23,095 Value ($000) $2,628 Avg Close $103.46 Range $85.78 - $118.35

Q3 2025

Shares 77,585 Value ($000) $7,527 Avg Close $102.45 Range $92.68 - $118.00

Q1 2025

Shares 48,200 Value ($000) $5,354 Avg Close $119.04 Range $104.77 - $135.81

Q3 2024

Shares 18,401 Value ($000) $2,488 Avg Close $137.36 Range $127.79 - $145.65

Q1 2024

Shares 47,371 Value ($000) $5,862 Avg Close $120.04 Range $110.35 - $135.17

Q2 2022

Shares 6,626 Value ($000) $1,269 Avg Close $98.11 Range $85.23 - $112.89

Q1 2022

Shares 1,626 Value ($000) $361 Avg Close $108.48 Range $95.75 - $123.02

Q4 2021

Shares 2,853 Value ($000) $687 Avg Close $116.88 Range $103.91 - $128.97

Q3 2021

Shares 51,383 Value ($000) $12,336 Avg Close $100.01 Range $86.08 - $121.31

Q1 2021

Shares 1,400 Value ($000) $318 Avg Close $108.28 Range $89.52 - $127.06

Q3 2019

Shares 53,040 Value ($000) $6,548 Avg Close $58.89 Range $55.57 - $64.77

Q2 2019

Shares 21,949 Value ($000) $2,526 Avg Close $48.99 Range $43.43 - $57.16

Q1 2019

Shares 36,387 Value ($000) $3,284 Avg Close $43.59 Range $37.76 - $48.00

Q4 2018

Shares 34,635 Value ($000) $8,449 Avg Close $42.85 Range $36.39 - $46.72

Q3 2018

Shares 5,284 Value ($000) $1,467 Avg Close $45.98 Range $40.93 - $49.95

Q1 2017

Shares 15,956 Value ($000) $2,535 Avg Close $24.05 Range $22.64 - $25.69

Q4 2016

Shares 22,090 Value ($000) $3,323 Avg Close $23.41 Range $20.97 - $25.05

Q3 2016

Shares 9,890 Value ($000) $1,447 Avg Close $22.50 Range $19.38 - $24.12

Q2 2016

Shares 40,872 Value ($000) $5,165 Avg Close $21.05 Range $18.91 - $23.73

Q1 2016

Shares 45,905 Value ($000) $6,788 Avg Close $21.83 Range $19.35 - $23.59

Q4 2015

Shares 41,797 Value ($000) $5,914 Avg Close $22.56 Range $20.65 - $24.17

Q3 2015

Shares 50,569 Value ($000) $6,767 Avg Close $21.02 Range $18.69 - $22.64

Q2 2015

Shares 54,239 Value ($000) $6,783 Avg Close $19.13 Range $17.68 - $20.38

Q1 2015

Shares 48,948 Value ($000) $5,628 Avg Close $16.25 Range $14.30 - $18.21

Q4 2014

Shares 66,397 Value ($000) $6,328 Avg Close $15.30 Range $14.35 - $16.50

Q2 2014

Shares 6,468 Value ($000) $583 Avg Close $13.69 Range $13.09 - $14.48

Q4 2013

Shares 8,153 Value ($000) $731 Avg Close $13.53 Range $12.76 - $14.19

Q3 2013

Shares 15,594 Value ($000) $1,349 Avg Close $12.88 Range $12.22 - $13.90

Q2 2013

Shares 7,016 Value ($000) $553 Avg Close $11.99 Range $10.56 - $13.37

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	23,095	$2,628	$103.46	$85.78 - $118.35
Q3 2025	77,585	$7,527	$102.45	$92.68 - $118.00
Q1 2025	48,200	$5,354	$119.04	$104.77 - $135.81
Q3 2024	18,401	$2,488	$137.36	$127.79 - $145.65
Q1 2024	47,371	$5,862	$120.04	$110.35 - $135.17
Q2 2022	6,626	$1,269	$98.11	$85.23 - $112.89
Q1 2022	1,626	$361	$108.48	$95.75 - $123.02
Q4 2021	2,853	$687	$116.88	$103.91 - $128.97
Q3 2021	51,383	$12,336	$100.01	$86.08 - $121.31
Q1 2021	1,400	$318	$108.28	$89.52 - $127.06
Q3 2019	53,040	$6,548	$58.89	$55.57 - $64.77
Q2 2019	21,949	$2,526	$48.99	$43.43 - $57.16
Q1 2019	36,387	$3,284	$43.59	$37.76 - $48.00
Q4 2018	34,635	$8,449	$42.85	$36.39 - $46.72
Q3 2018	5,284	$1,467	$45.98	$40.93 - $49.95
Q1 2017	15,956	$2,535	$24.05	$22.64 - $25.69
Q4 2016	22,090	$3,323	$23.41	$20.97 - $25.05
Q3 2016	9,890	$1,447	$22.50	$19.38 - $24.12
Q2 2016	40,872	$5,165	$21.05	$18.91 - $23.73
Q1 2016	45,905	$6,788	$21.83	$19.35 - $23.59
Q4 2015	41,797	$5,914	$22.56	$20.65 - $24.17
Q3 2015	50,569	$6,767	$21.02	$18.69 - $22.64
Q2 2015	54,239	$6,783	$19.13	$17.68 - $20.38
Q1 2015	48,948	$5,628	$16.25	$14.30 - $18.21
Q4 2014	66,397	$6,328	$15.30	$14.35 - $16.50
Q2 2014	6,468	$583	$13.69	$13.09 - $14.48
Q4 2013	8,153	$731	$13.53	$12.76 - $14.19
Q3 2013	15,594	$1,349	$12.88	$12.22 - $13.90
Q2 2013	7,016	$553	$11.99	$10.56 - $13.37