CHURCHILL DOWNS INC

Ticker: CHDN CUSIP: 171484108 Class: COM

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q3 2025

Shares 12,087 Value ($000) $1,173 Avg Close $102.45 Range $92.68 - $118.00

Q2 2025

Shares 15,497 Value ($000) $1,565 Avg Close $97.50 Range $85.25 - $111.60

Q1 2025

Shares 15,677 Value ($000) $1,741 Avg Close $119.04 Range $104.77 - $135.81

Q4 2024

Shares 15,243 Value ($000) $2,036 Avg Close $137.69 Range $129.04 - $149.20

Q3 2024

Shares 7,368 Value ($000) $996 Avg Close $137.36 Range $127.79 - $145.65

Q2 2023

Shares 2,920 Value ($000) $406 Avg Close $135.47 Range $122.84 - $148.94

Q2 2022

Shares 5,576 Value ($000) $1,067 Avg Close $98.11 Range $85.23 - $112.89

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	12,087	$1,173	$102.45	$92.68 - $118.00
Q2 2025	15,497	$1,565	$97.50	$85.25 - $111.60
Q1 2025	15,677	$1,741	$119.04	$104.77 - $135.81
Q4 2024	15,243	$2,036	$137.69	$129.04 - $149.20
Q3 2024	7,368	$996	$137.36	$127.79 - $145.65
Q2 2023	2,920	$406	$135.47	$122.84 - $148.94
Q2 2022	5,576	$1,067	$98.11	$85.23 - $112.89