GRAHAM HLDGS CO

Ticker: GHC CUSIP: 384637104 Class: Common Stock

STEVENS CAPITAL MANAGEMENT LP's Holding History (CIK: 0001134813)

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

Q1 2018

Shares 663 Value ($000) $399 Avg Close $541.55 Range $512.64 - $568.19

Q4 2017

Shares 690 Value ($000) $385 Avg Close $521.65 Range $494.71 - $546.17

Q2 2017

Shares 1,099 Value ($000) $659 Avg Close $549.24 Range $536.34 - $564.97

Q1 2017

Shares 1,167 Value ($000) $700 Avg Close $499.12 Range $459.77 - $551.04

Q3 2016

Shares 2,200 Value ($000) $1,059 Avg Close $456.70 Range $432.03 - $479.72

Q4 2014

Shares 269 Value ($000) $232 Avg Close $438.71 Range $361.50 - $511.73

Q2 2014

Shares 1,762 Value ($000) $1,265 Avg Close $368.14 Range $345.36 - $392.61

Q1 2014

Shares 358 Value ($000) $252 Avg Close $359.32 Range $325.70 - $396.88

Q4 2013

Shares 4,773 Value ($000) $3,166 Avg Close $339.79 Range $315.53 - $360.20

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	663	$399	$541.55	$512.64 - $568.19
Q4 2017	690	$385	$521.65	$494.71 - $546.17
Q2 2017	1,099	$659	$549.24	$536.34 - $564.97
Q1 2017	1,167	$700	$499.12	$459.77 - $551.04
Q3 2016	2,200	$1,059	$456.70	$432.03 - $479.72
Q4 2014	269	$232	$438.71	$361.50 - $511.73
Q2 2014	1,762	$1,265	$368.14	$345.36 - $392.61
Q1 2014	358	$252	$359.32	$325.70 - $396.88
Q4 2013	4,773	$3,166	$339.79	$315.53 - $360.20