|Security||LRN / K12 Inc.|
|Institution||Renaissance Technologies LLC|
Renaissance Technologies LLC reports 49.68% increase in ownership of LRN / K12 Inc.
May 14, 2018 - Renaissance Technologies LLC has filed a 13F-HR form disclosing ownership of 1,527,800 shares of K12 Inc. (NYSE:LRN) with total holdings valued at $21,664,000 USD as of March 31, 2018. Renaissance Technologies LLC had filed a previous 13F-HR on February 13, 2018 disclosing 1,020,700 shares of K12 Inc. at a value of $16,229,000 USD. This represents a change in shares of 49.68 percent and a change in value of 33.49 percent during the quarter.
Other investors with positions similar to Renaissance Technologies LLC include BlackRock Inc., Henderson Group Plc, Technology Crossover Management VII, Ltd., Numeric Investors Llc, Vanguard Group Inc, and Palisade Capital Management Llc/nj.
K12 Inc. has declared a standard industrial code (sic) of 82 which is the "Educational Services" industry. Renaissance Technologies LLC's top industries are "Fishing hunting and trapping" (sic 09), "Miscellaneous Repair Services" (sic 76), and "Social Services" (sic 83).
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