GRAHAM HLDGS CO

Ticker: GHC CUSIP: 384637104 Class: Common Stock

Royal Fund Management, LLC's Holding History (CIK: 0001810099)

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

Q1 2019

Shares 1 Value ($000) $0 Avg Close $623.97 Range $581.89 - $652.43

Q4 2018

Shares 1 Value ($000) $0 Avg Close $573.91 Range $514.45 - $630.78

Q3 2018

Shares 1 Value ($000) $0 Avg Close $526.55 Range $498.54 - $553.53

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	1	$0	$623.97	$581.89 - $652.43
Q4 2018	1	$0	$573.91	$514.45 - $630.78
Q3 2018	1	$0	$526.55	$498.54 - $553.53