Grand Canyon Education (LOPE): A Steady Cash-Generating Business Ignored in a Speculative Market
Riverwater Partners, an investment management company, released its ‘Small Cap Strategy’ Q2 2026 investor letter. The letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | AQR Capital Management Cliff Asness | 446,680 | $63,075,612 | -14% | 0.02% |
| 2. | No Street Capital Jeff Osher | 275,000 | $39,355,250 | +23% | 2.36% |
| 3. | Millennium Management Israel Englander | 254,418 | $36,409,760 | +481% | 0.01% |
| 4. | Hood River Capital Management David Swank | 252,592 | $36,148,441 | -4% | 0.26% |
| 5. | Renaissance Technologies Jim Simons | 234,002 | $33,488,026 | +9% | 0.05% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $82.71 | 200 | $16,542.00 | 17,870 | 2020-02-25 | Filing | |
| $81.85 | 1,000 | $81,850.00 | 112,659 | 2020-02-24 | Filing | |
| $81.44 | 1,000 | $81,440.00 | 105,997 | 2020-02-24 | Filing | |
| $81.44 | 1,000 | $81,440.00 | 295,535 | 2020-02-24 | Filing | |
| $87.11 | 100 | $8,711.00 | 258 | 2019-12-04 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $166.15 | 600 | $99,690.00 | 3,131 | 2025-11-11 | Filing | |
| $195.67 | 500 | $97,835.00 | 2,672 | 2025-05-12 | Filing | |
| $179.03 | 1,500 | $268,545.00 | 7,618 | 2025-03-04 | Filing | |
| $180.40 | 4,163 | $751,005.20 | 110,253 | 2025-03-03 | Filing | |
| $180.40 | 4,163 | $751,005.20 | 104,703 | 2025-03-03 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 2,778,662 | $397,654,319 | 0.01% | |
| 2. | 2,045,279 | $292,699,929 | 0.01% | |
| 3. | 1,279,119 | $183,054,720 | 0.01% | |
| 4. | 1,194,579 | $170,956,201 | 0% | |
| 5. | 1,038,828 | $148,666,675 | 0.45% |