GRAND CANYON ED INC

Ticker: LOPE CUSIP: 38526M106 Class: COM

PARADIGM ASSET MANAGEMENT CO LLC's Holding History (CIK: 0001034549)

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

Q2 2014

Shares 6,700 Value ($000) $307,999 Avg Close $45.02 Range $41.63 - $47.89

Q1 2014

Shares 8,800 Value ($000) $410,960 Avg Close $46.34 Range $41.71 - $51.12

Q4 2013

Shares 9,400 Value ($000) $409,840 Avg Close $43.87 Range $38.50 - $50.48

Q3 2013

Shares 15,500 Value ($000) $624,340 Avg Close $35.67 Range $32.33 - $40.80

Q2 2013

Shares 14,000 Value ($000) $451,220 Avg Close $28.81 Range $23.09 - $34.07

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	6,700	$307,999	$45.02	$41.63 - $47.89
Q1 2014	8,800	$410,960	$46.34	$41.71 - $51.12
Q4 2013	9,400	$409,840	$43.87	$38.50 - $50.48
Q3 2013	15,500	$624,340	$35.67	$32.33 - $40.80
Q2 2013	14,000	$451,220	$28.81	$23.09 - $34.07