GRAHAM HLDGS CO

Ticker: GHC CUSIP: 384637104 Class: Common Stock

Horizon Investments, LLC's Holding History (CIK: 0001560717)

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

Q4 2025

Shares 2,660 Value ($000) $2,922 Avg Close $1066.70 Range $926.52 - $1178.82

Q3 2025

Shares 2,466 Value ($000) $2,898 Avg Close $1030.17 Range $879.14 - $1195.82

Q2 2025

Shares 2,182 Value ($000) $2,060 Avg Close $936.82 Range $869.08 - $1009.43

Q4 2024

Shares 1 Value ($000) $1 Avg Close $866.75 Range $762.85 - $964.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,660	$2,922	$1066.70	$926.52 - $1178.82
Q3 2025	2,466	$2,898	$1030.17	$879.14 - $1195.82
Q2 2025	2,182	$2,060	$936.82	$869.08 - $1009.43
Q4 2024	1	$1	$866.75	$762.85 - $964.88