GRAHAM HLDGS CO

Ticker: GHC CUSIP: 384637104 Class: Common Stock

Empirical Finance, LLC's Holding History (CIK: 0001572838)

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

Q4 2016

Shares 3 Value ($000) $2 Avg Close $444.66 Range $402.30 - $500.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	3	$2	$444.66	$402.30 - $500.24