Grand Canyon Education, Inc.
US ˙ NasdaqGS ˙ US38526M1062

SecurityLOPE / Grand Canyon Education, Inc.
InstitutionRBF Capital, LLC
Latest Disclosed Ownership15,000 shares
Latest Disclosed Value $ 2,550,450
RBF Capital, LLC ownership in LOPE / Grand Canyon Education, Inc.

On May 18, 2026 - RBF Capital, LLC filed a 13F-HR/A form disclosing ownership of 15,000 shares of Grand Canyon Education, Inc. (US:LOPE) valued at $2,550,450 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 17, 2026 disclosing 15,000 shares of Grand Canyon Education, Inc.. This represents a change in shares of 0.00% during the quarter. The current value of the position is $2,288,550 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-18 2026-03-31 13F/A-1 GRAND CANYON ED COM 38526M106 15,000 0 0.00 2,550 2.25 0.1247
2026-05-14 2026-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 2,550 0.1334
2026-02-17 2025-12-31 13F/A-1 GRAND CANYON ED COM 38526M106 15,000 0 0.00 2,495 -24.24 0.1107
2026-02-17 2025-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 2,495 0.1107
2025-11-14 2025-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 3,293 16.12 0.1468
2025-08-14 2025-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 2,835 9.25 0.1349
2025-05-15 2025-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 2,595 5.62 0.1558
2025-02-14 2024-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 2,457 15.51 0.1271
2024-11-14 2024-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 2,128 1.38 0.1067
2024-08-14 2024-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 2,099 2.69 0.1206
2024-05-15 2024-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 2,043 3.18 0.1142
2024-02-14 2023-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,981 12.95 0.1198
2023-11-14 2023-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,753 13.24 0.1152
2023-08-14 2023-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,548 -9.37 0.0965
2023-05-16 2023-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,708 7.76 0.1241
2023-02-14 2022-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,585 28.44 0.1191
2022-11-14 2022-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,234 -12.67 0.1040
2022-08-15 2022-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,413 -3.35 0.0983
2022-05-16 2022-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,462 13.69 0.0935
2022-02-14 2021-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,286 -2.50 0.0792
2021-11-15 2021-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,319 -2.30 0.0736
2021-08-16 2021-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,350 -15.99 0.0755
2021-05-17 2021-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,607 15.03 0.1002
2021-03-02 2020-12-31 13F/A-1 GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,397 16.51 0.1069
2021-02-11 2020-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 1,397 121,180.5781
2020-11-16 2020-09-30 13F/A-1 GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,199 -11.71 0.1209
2020-11-16 2020-09-30 13F GRAND CANYON ED COM 38526M106 69,551 164
2020-08-14 2020-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,358 18.71 0.1464
2020-05-18 2020-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,144 -20.39 0.1497
2020-02-13 2019-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,437 -2.44 0.1373
2019-11-13 2019-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,473 -16.07 0.1651
2019-08-13 2019-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,755 2.15 0.1766
2019-05-15 2019-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,718 19.14 0.2017
2019-02-14 2018-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,442 -14.78 0.1882
2018-11-14 2018-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,692 1.08 0.1835
2018-08-14 2018-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,674 6.35 0.1968
2018-05-15 2018-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,574 17.20 0.1876
2018-02-14 2017-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,343 -1.40 0.1482
2017-11-14 2017-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,362 15.82 0.1723
2017-08-14 2017-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,176 9.50 0.1542
2017-05-15 2017-03-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 1,074 22.46 0.1471
2017-02-14 2016-12-31 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 877 44.72 0.1250
2016-11-14 2016-09-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 606 1.17 0.1038
2016-08-15 2016-06-30 13F GRAND CANYON ED COM 38526M106 15,000 0 0.00 599 -6.55 0.1190
2016-05-16 2016-03-31 13F GRAND CANYON EDUCATION, INC. CMN Common Stock 38526M106 15,000 10,000 200.00 641 218.91 0.1227
2016-02-16 2015-12-31 13F GRAND CANYON EDUCATION, INC. CMN Common Stock 38526M106 5,000 5,000 0.00 201 0.0378
2015-11-16 2015-09-30 13F GRAND CANYON EDUCATION, INC. CMN Common Stock 38526M106 0 -5,000 -100.00 0 -100.00
2015-08-14 2015-06-30 13F GRAND CANYON EDUCATION, INC. CMN Common Stock 38526M106 5,000 0 0.00 212 -2.30 0.0400
2015-05-14 2015-03-31 13F GRAND CANYON EDUCATION, INC. CMN Common Stock 38526M106 5,000 0 0.00 217 -6.87 0.0441
2015-02-13 2014-12-31 13F GRAND CANYON EDUCATION, INC. CMN Common Stock 38526M106 5,000 5,000 233 0.0483
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.