SecurityLRN / K12 Inc.
InstitutionTechnology Crossover Management VII, Ltd.
Shares0
Value $ 0

Technology Crossover Management VII, Ltd. closes position in LRN / K12 Inc.

August 14, 2018 - Technology Crossover Management VII, Ltd. has filed a 13F-HR form disclosing ownership of 0 shares of K12 Inc. (NYSE:LRN) with total holdings valued at $0 USD as of June 30, 2018. Technology Crossover Management VII, Ltd. had filed a previous 13F-HR on May 14, 2018 disclosing 2,773,699 shares of K12 Inc. at a value of $39,331,000 USD. This represents a change in shares of -100.00 percent and a change in value of -100.00 percent during the quarter.

Other investors with closed positions include BlueMountain Capital Management, LLC, Technology Crossover Management VII, Ltd., Tfs Capital Llc, FNY Managed Accounts LLC, and Ellington Management Group Llc.

K12 Inc. has declared a standard industrial code (sic) of 82 which is the "Educational Services" industry. Technology Crossover Management VII, Ltd.'s top industries are "Educational Services" (sic 82), "Motion Pictures and Film" (sic 78), and "Business Services" (sic 73).

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 Common 48273U102 0 -100.00 0 -100.00 0 0
2018-03-31 13F-HR K12 Common 48273U102 15.04 2,773,699 -30.66 39,331 -38.16 -18,444 -5,825 -9.16
2017-12-31 13F-HR/A-1 K12 Common 48273U102 16.87 4,000,000 0.00 63,600 -10.87 0 -7,760 -10.87
2017-12-31 13F-HR K12 Common 48273U102 4,000,000 63,600
2017-09-30 13F-HR K12 Common 48273U102 17.88 4,000,000 0.00 71,360 -0.45 0 -320 -0.45
2017-06-30 13F-HR K12 Common 48273U102 18.54 4,000,000 0.00 71,680 -6.42 0 -4,920 -6.42
2017-03-31 13F-HR K12 Common 48273U102 18.16 4,000,000 0.00 76,600 11.60 0 7,960 11.60
2016-12-31 13F-HR K12 Common 48273U102 15.76 4,000,000 0.00 68,640 19.58 0 11,240 19.58
2016-09-30 13F-HR K12 Common 48273U102 13.42 4,000,000 0.00 57,400 14.89 0 7,440 14.89
2016-06-30 13F-HR K12 Common 48273U102 11.19 4,000,000 0.00 49,960 26.29 0 10,400 26.29
2016-03-31 13F-HR K12 Common 48273U102 9.34 4,000,000 0.00 39,560 12.39 0 4,360 12.39
2015-12-31 13F-HR K12 Common 48273U102 10.62 4,000,000 0.00 35,200 -29.26 0 -14,560 -29.26
2015-09-30 13F-HR K12 Common 48273U102 12.54 4,000,000 0.00 49,760 -1.66 0 -840 -1.66
2015-06-30 13F-HR K12 Common 48273U102 14.18 4,000,000 0.00 50,600 -19.53 0 -12,280 -19.53
2015-03-31 13F-HR K12 Common 48273U102 13.80 4,000,000 0.00 62,880 32.43 0 15,400 32.43
2014-12-31 13F-HR K12 Common 48273U102 13.92 4,000,000 0.00 47,480 -25.63 0 -16,360 -25.63
2014-09-30 13F-HR K12 Common 48273U102 20.02 4,000,000 0.00 63,840 -33.69 0 -32,440 -33.69
2014-06-30 13F-HR K12 Common 48273U102 4,000,000 96,280


CUSIP: 48273U102