GRAND CANYON ED INC

Institution	Shares	Value ($000)
No Street GP LP	250,000	$41,578
SECURITY NATIONAL BANK OF SIOUX CITY IOWA /IA/	10,960	$1,823
SG Capital Management LLC	45,424	$7,554
SECURITY NATIONAL BANK OF SO DAK	8,672	$1,442
Hood River Capital Management LLC	311,436	$51,795
Bridge City Capital, LLC	13,160	$2,189
LECAP ASSET MANAGEMENT LTD	6,536	$1,087
Caitlin John, LLC	2,756	$458
WINTON GROUP Ltd	38,652	$6,428
Marshall Financial Group LLC	3,423	$569
Headlands Technologies LLC	7,300	$1,214
NOVEM GROUP	4,909	$816
Point72 Asset Management, L.P.	214,471	$35,669
Camelot Portfolios, LLC	822	$137
XTX Topco Ltd	10,195	$1,696
Blueshift Asset Management, LLC	1,308	$218
CWA Asset Management Group, LLC	8,045	$1,338
KENNEDY CAPITAL MANAGEMENT LLC	10,411	$1,731
TWO SIGMA SECURITIES, LLC	2,005	$333
Aster Capital Management (DIFC) Ltd	690	$115

Increased Positions (156)

FIRST SABREPOINT CAPITAL MANAGEMENT LP

Value ($000) $8,316 (+26.3%) Shares 50,000 (+66.7%)

REINHART PARTNERS, LLC.

Value ($000) $86,303 (+78.3%) Shares 518,914 (+135.3%)

Prospect Capital Advisors, LLC

Value ($000) $12,985 (-15.7%) Shares 78,080 (+11.2%)

Sovereign's Capital Management, LLC

Value ($000) $5,085 (-0.4%) Shares 30,573 (+31.5%)

CROWN ADVISORS MANAGEMENT, INC.

Value ($000) $7 (-2.6%) Shares 45,000 (+28.6%)

Van Berkom & Associates Inc.

Value ($000) $102 (-11.2%) Shares 613,375 (+17.2%)

Riverwater Partners LLC

Value ($000) $5,450 (-17.7%) Shares 32,770 (+8.6%)

GW&K Investment Management, LLC

Value ($000) $122 (-12.4%) Shares 736,524 (+15.6%)

Inspire Investing, LLC

Value ($000) $3,126 (+590.2%) Shares 18,794 (+811.0%)

WASATCH ADVISORS LP

Value ($000) $80,358 (+12.1%) Shares 483,184 (+48.0%)

Atom Investors LP

Value ($000) $4,399 (+114.3%) Shares 26,451 (+182.9%)

WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC

Value ($000) $75,362 (+189.3%) Shares 453,140 (+281.9%)

Skylands Capital, LLC

Value ($000) $7,064 (-19.8%) Shares 42,475 (+5.9%)

FOX RUN MANAGEMENT, L.L.C.

Value ($000) $1,549 (+87.9%) Shares 9,315 (+148.0%)

Engineers Gate Manager LP

Value ($000) $8,869 (+73.5%) Shares 53,326 (+129.0%)

Inscription Capital, LLC

Value ($000) $1,333 (+60.0%) Shares 8,017 (+111.3%)

HARBOR CAPITAL ADVISORS, INC.

Value ($000) $4 (+39.3%) Shares 21,257 (+83.9%)

ExodusPoint Capital Management, LP

Value ($000) $7,032 (+503.5%) Shares 42,284 (+696.6%)

FORT WASHINGTON INVESTMENT ADVISORS INC /OH/

Value ($000) $25,957 (+10.2%) Shares 156,076 (+45.5%)

BANK OF MONTREAL /CAN/

Value ($000) $79,905 (+4599.2%) Shares 480,460 (+6102.7%)

Institution	Prev Shares	Curr Shares	Change
FIRST SABREPOINT CAPITAL MANAGEMENT LP	30,000	50,000	+20,000 (+66.7%)
REINHART PARTNERS, LLC.	220,505	518,914	+298,409 (+135.3%)
Prospect Capital Advisors, LLC	70,200	78,080	+7,880 (+11.2%)
Sovereign's Capital Management, LLC	23,246	30,573	+7,327 (+31.5%)
CROWN ADVISORS MANAGEMENT, INC.	35,000	45,000	+10,000 (+28.6%)
Van Berkom & Associates Inc.	523,305	613,375	+90,070 (+17.2%)
Riverwater Partners LLC	30,175	32,770	+2,595 (+8.6%)
GW&K Investment Management, LLC	637,204	736,524	+99,320 (+15.6%)
Inspire Investing, LLC	2,063	18,794	+16,731 (+811.0%)
WASATCH ADVISORS LP	326,407	483,184	+156,777 (+48.0%)
Atom Investors LP	9,351	26,451	+17,100 (+182.9%)
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC	118,654	453,140	+334,486 (+281.9%)
Skylands Capital, LLC	40,120	42,475	+2,355 (+5.9%)
FOX RUN MANAGEMENT, L.L.C.	3,756	9,315	+5,559 (+148.0%)
Engineers Gate Manager LP	23,291	53,326	+30,035 (+129.0%)
Inscription Capital, LLC	3,795	8,017	+4,222 (+111.3%)
HARBOR CAPITAL ADVISORS, INC.	11,556	21,257	+9,701 (+83.9%)
ExodusPoint Capital Management, LP	5,308	42,284	+36,976 (+696.6%)
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/	107,264	156,076	+48,812 (+45.5%)
BANK OF MONTREAL /CAN/	7,746	480,460	+472,714 (+6102.7%)

Decreased Positions (174)

RIVERBRIDGE PARTNERS LLC

Value ($000) $141,880 (-32.2%) Shares 853,107 (-10.5%)

Foresight Group Ltd Liability Partnership

Value ($000) $9,233 (-37.4%) Shares 55,214 (-17.8%)

DRIEHAUS CAPITAL MANAGEMENT LLC

Value ($000) $15,632 (-81.1%) Shares 93,994 (-75.1%)

Stegent Equity Advisors, Inc.

Value ($000) $307 (-55.8%) Shares 1,845 (-41.7%)

SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC

Value ($000) $618 (-89.9%) Shares 3,714 (-86.6%)

Values First Advisors, Inc.

Value ($000) $1,491 (-27.7%) Shares 8,963 (-4.5%)

Bayforest Capital Ltd

Value ($000) $58 (-83.2%) Shares 349 (-77.8%)

MARTINGALE ASSET MANAGEMENT L P

Value ($000) $624 (-86.7%) Shares 3,751 (-82.4%)

LOS ANGELES CAPITAL MANAGEMENT LLC

Value ($000) $47,992 (-28.2%) Shares 232,082 (-23.8%)

Gallacher Capital Management LLC

Value ($000) $247 (-57.9%) Shares 1,484 (-44.4%)

Pacer Advisors, Inc.

Value ($000) $1,237 (-95.5%) Shares 7,437 (-94.1%)

Assenagon Asset Management S.A.

Value ($000) $4,281 (-90.3%) Shares 25,741 (-87.2%)

Allianz Asset Management GmbH

Value ($000) $49,976 (-43.9%) Shares 300,500 (-25.9%)

Bridgewater Associates, LP

Value ($000) $1,643 (-82.9%) Shares 9,881 (-77.5%)

ONTARIO TEACHERS PENSION PLAN BOARD

Value ($000) $2,003 (-51.3%) Shares 12,043 (-35.7%)

NDVR, Inc.

Value ($000) $256 (-33.0%) Shares 1,541 (-11.6%)

Qube Research & Technologies Ltd

Value ($000) $23,026 (-55.2%) Shares 138,455 (-40.8%)

ACADIAN ASSET MANAGEMENT LLC

Value ($000) $7 (-83.9%) Shares 43,116 (-78.8%)

RENAISSANCE TECHNOLOGIES LLC

Value ($000) $51,673 (-37.1%) Shares 310,702 (-17.0%)

Quantum Portfolio Management LLC

Value ($000) $347 (-39.9%) Shares 2,088 (-20.6%)

Institution	Prev Shares	Curr Shares	Change
RIVERBRIDGE PARTNERS LLC	953,066	853,107	-99,959 (-10.5%)
Foresight Group Ltd Liability Partnership	67,139	55,214	-11,925 (-17.8%)
DRIEHAUS CAPITAL MANAGEMENT LLC	377,134	93,994	-283,140 (-75.1%)
Stegent Equity Advisors, Inc.	3,163	1,845	-1,318 (-41.7%)
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	27,811	3,714	-24,097 (-86.6%)
Values First Advisors, Inc.	9,387	8,963	-424 (-4.5%)
Bayforest Capital Ltd	1,575	349	-1,226 (-77.8%)
MARTINGALE ASSET MANAGEMENT L P	21,318	3,751	-17,567 (-82.4%)
LOS ANGELES CAPITAL MANAGEMENT LLC	304,568	232,082	-72,486 (-23.8%)
Gallacher Capital Management LLC	2,671	1,484	-1,187 (-44.4%)
Pacer Advisors, Inc.	126,024	7,437	-118,587 (-94.1%)
Assenagon Asset Management S.A.	200,930	25,741	-175,189 (-87.2%)
Allianz Asset Management GmbH	405,506	300,500	-105,006 (-25.9%)
Bridgewater Associates, LP	43,829	9,881	-33,948 (-77.5%)
ONTARIO TEACHERS PENSION PLAN BOARD	18,720	12,043	-6,677 (-35.7%)
NDVR, Inc.	1,743	1,541	-202 (-11.6%)
Qube Research & Technologies Ltd	233,928	138,455	-95,473 (-40.8%)
ACADIAN ASSET MANAGEMENT LLC	203,431	43,116	-160,315 (-78.8%)
RENAISSANCE TECHNOLOGIES LLC	374,402	310,702	-63,700 (-17.0%)
Quantum Portfolio Management LLC	2,630	2,088	-542 (-20.6%)

Exited Positions (77)

Monument Capital Management

Value ($000) $4,200 Shares 19,133

Semanteon Capital Management, LP

Value ($000) $397 Shares 1,810

Legacy Capital Group California, Inc.

Value ($000) $1,522 Shares 6,932

SHERBROOKE PARK ADVISERS LLC

Value ($000) $546 Shares 2,487

Campbell & CO Investment Adviser LLC

Value ($000) $4,360 Shares 19,861

CFC Planning Co LLC

Value ($000) $239 Shares 1,089

Perbak Capital Partners LLP

Value ($000) $687 Shares 3,128

Aigen Investment Management, LP

Value ($000) $735 Shares 3,350

Numerai GP LLC

Value ($000) $906 Shares 4,126

Hillsdale Investment Management Inc.

Value ($000) $3,315 Shares 15,100

nVerses Capital, LLC

Value ($000) $170 Shares 1,200

Voleon Capital Management LP

Value ($000) $3,317 Shares 15,112

Granite Investment Partners, LLC

Value ($000) $1,258 Shares 5,730

Aquatic Capital Management LLC

Value ($000) $2,564 Shares 11,682

iSAM Funds (UK) Ltd

Value ($000) $258 Shares 1,175

MEEDER ASSET MANAGEMENT INC

Value ($000) $761 Shares 3,467

111 Capital

Value ($000) $243 Shares 1,108

Maxi Investments CY Ltd

Value ($000) $1 Shares 2,350

DARK FOREST CAPITAL MANAGEMENT LP

Value ($000) $907 Shares 4,131

Allegheny Financial Group LTD

Value ($000) $245 Shares 1,114

Institution	Prev Shares	Prev Value ($000)
Monument Capital Management	19,133	$4,200
Semanteon Capital Management, LP	1,810	$397
Legacy Capital Group California, Inc.	6,932	$1,522
SHERBROOKE PARK ADVISERS LLC	2,487	$546
Campbell & CO Investment Adviser LLC	19,861	$4,360
CFC Planning Co LLC	1,089	$239
Perbak Capital Partners LLP	3,128	$687
Aigen Investment Management, LP	3,350	$735
Numerai GP LLC	4,126	$906
Hillsdale Investment Management Inc.	15,100	$3,315
nVerses Capital, LLC	1,200	$170
Voleon Capital Management LP	15,112	$3,317
Granite Investment Partners, LLC	5,730	$1,258
Aquatic Capital Management LLC	11,682	$2,564
iSAM Funds (UK) Ltd	1,175	$258
MEEDER ASSET MANAGEMENT INC	3,467	$761
111 Capital	1,108	$243
Maxi Investments CY Ltd	2,350	$1
DARK FOREST CAPITAL MANAGEMENT LP	4,131	$907
Allegheny Financial Group LTD	1,114	$245