|Security||LRN / K12 Inc.|
|Institution||Cornerstone Capital Management Holdings Llc.|
Cornerstone Capital Management Holdings Llc. reports 21.37% decrease in ownership of LRN / K12 Inc.
February 14, 2018 - Cornerstone Capital Management Holdings Llc. has filed a 13F-HR form disclosing ownership of 204,953 shares of K12 Inc. (NYSE:LRN) with total holdings valued at $3,257,000 USD as of December 31, 2017. Cornerstone Capital Management Holdings Llc. had filed a previous 13F-HR on November 14, 2017 disclosing 260,653 shares of K12 Inc. at a value of $4,649,000 USD. This represents a change in shares of -21.37 percent and a change in value of -29.94 percent during the quarter.
Other investors with positions similar to Cornerstone Capital Management Holdings Llc. include Two Sigma Investments Llc, ClariVest Asset Management LLC, California Public Employees Retirement System, Federated Investors Inc /pa/, Jacobs Levy Equity Management, Inc, and Parametric Portfolio Associates Llc.
K12 Inc. has declared a standard industrial code (sic) of 82 which is the "Educational Services" industry. Cornerstone Capital Management Holdings Llc.'s top industries are "Pipelines, Except Natural Gas" (sic 46), "Legal Services" (sic 81), and "Construction Special Trade Contractors" (sic 17).
The Security, Class, and CUSIP columns 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 and cusips.
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.
as of ET