SecurityLRN / K12 Inc.
InstitutionMillennium Management Llc
ManagerIsrael Englander
Shares603,159
Value $ 9,874,000

Millennium Management Llc reports 44.63% increase in ownership of LRN / K12 Inc.

August 14, 2018 - Millennium Management Llc has filed a 13F-HR form disclosing ownership of 603,159 shares of K12 Inc. (NYSE:LRN) with total holdings valued at $9,874,000 USD as of June 30, 2018. Millennium Management Llc had filed a previous 13F-HR on May 15, 2018 disclosing 417,028 shares of K12 Inc. at a value of $5,913,000 USD. This represents a change in shares of 44.63 percent and a change in value of 66.99 percent during the quarter.

Other investors with positions similar to Millennium Management Llc include Aqr Capital Management Llc, Schwab Charles Investment Management Inc, Royce & Associates LLC, Northern Trust Corp, JP Morgan Chase & Co, and Principal Financial Group Inc.

K12 Inc. has declared a standard industrial code (sic) of 82 which is the "Educational Services" industry. Millennium Management Llc's top industries are "Legal Services" (sic 81), "Automotive Repair, Services, And Parking" (sic 75), and "Agricultural Services" (sic 07).

13F Filings

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.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR K12 COM 48273U102 15.27 603,159 44.63 9,874 66.99 2,843 1,118 18.91
2018-03-31 13F-HR K12 COM 48273U102 15.04 417,028 2,031.72 5,913 1,801.29 5,977 -375 -120.62
2017-12-31 13F-HR K12 COM 48273U102 16.87 19,563 -76.40 311 -78.97 -1,068 -100 -6.74
2017-09-30 13F-HR K12 COM 48273U102 17.88 82,892 -62.18 1,479 -62.35 -2,437 -12 -0.30
2017-06-30 13F-HR K12 COM 48273U102 18.55 219,192 1,100.72 3,928 1,022.29 3,727 -149 -42.49
2017-03-31 13F-HR K12 COM 48273U102 18.17 18,255 -10.96 350 -0.57 -41 39 11.03
2016-12-31 13F-HR K12 COM 48273U102 15.76 20,501 73.05 352 107.06 136 46 26.83
2016-09-30 13F-HR K12 COM 48273U102 13.42 11,847 -89.78 170 -88.25 -1,396 119 8.22
2016-06-30 13F-HR K12 COM 48273U102 11.19 115,874 48.72 1,447 87.68 425 251 32.57
2016-03-31 13F-HR K12 COM 48273U102 9.34 77,912 273.93 771 321.31 533 55 30.03
2015-12-31 13F-HR K12 COM 48273U102 10.61 20,836 -87.88 183 -91.44 -1,604 -352 -16.47
2015-09-30 13F-HR K12 COM 48273U102 12.54 171,973 -26.10 2,139 -27.34 -762 -43 -1.47
2015-06-30 13F-HR K12 COM 48273U102 14.19 232,697 -31.49 2,944 -44.86 -1,517 -878 -16.44
2015-03-31 13F-HR K12 COM 48273U102 13.79 339,637 8.05 5,339 43.10 349 1,259 33.74
2014-12-31 13F-HR K12 COM 48273U102 13.92 314,320 -19.28 3,731 -39.97 -1,045 -1,439 -23.16
2014-09-30 13F-HR K12 COM 48273U102 20.02 389,412 322.64 6,215 180.21 5,950 -1,953 -88.06
2014-06-30 13F-HR K12 COM 48273U102 23.35 92,139 360.30 2,218 389.62 1,684 81 17.85
2014-03-31 13F-HR K12 COM 48273U102 20,017 453


CUSIP: 48273U102