APEI · American Public Education Inc

$45.36 -0.02 (-0.04%) At close · Sep 4

Russell 2000 member Rebalance outlook locked

Market Cap

$830.16M

18.30M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 209

Total Value: $1,053,106,557

Total Shares: 19,610,925

Showing 1–100 of 214 holdings by value · page 1 of 3

Institutional Ownership Trend

26 quarters

Superinvestors Holding APEI

All superinvestors →

Joel Greenblatt $205,080

Holder Concentration

Across 209 13F filers · Δ vs Mar 31, 2026

Top Holder

9.0%

+1.8 pts

Top 5

31.7%

+4.6 pts

Top 10

48.7%

+3.5 pts

HHI

333

Broadly held+40

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +3

Institutional value: -7.0%

Shares held: -1.5%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega FMR LLC	+395,254	1,183,609
Mega BlackRock, Inc.	+321,872	1,772,227
Mega Qube Research & Technologies Ltd	+197,631	400,984
Mid Divisadero Street Capital Management, LP	+117,287	1,169,356
Large MACKENZIE FINANCIAL CORP	+115,740	187,498

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega BANK OF AMERICA CORP /DE/	−306,436	455,165
Mega GOLDMAN SACHS GROUP INC	−251,207	369,274
Mega JANE STREET GROUP, LLC	−187,085	104,000
Mega ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	−160,835	224,096
Mega UBS Group AG	−143,687	90,936

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mid SG Capital Management LLC	51,788	$2,781,015
Large Pacer Advisors, Inc.	50,324	$2,702,398
Large Jefferies Financial Group Inc.	35,919	$1,928,850
Large VOLORIDGE INVESTMENT MANAGEMENT, LLC	33,927	$1,821,879
Mega Swiss National Bank	33,200	$1,782,840

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large Point72 Asset Management, L.P.	84,637	$4,814,152
Small INTRINSIC EDGE CAPITAL MANAGEMENT LLC	69,955	$3,979,040
Mega MILLENNIUM MANAGEMENT LLC	44,030	$2,504,426
Large Caption Management, LLC	35,000	$1,990,800
Large LAZARD ASSET MANAGEMENT LLC	29,908	$1,701,167

Filter: New 38 Increased 77 Reduced 64 Sold out 35 Unchanged 30

Showing 100 of 214

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BlackRock, Inc.

$95,168,585

9.04%

1,772,227

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	76,957	$4,132,590	4.3%	Sole
BlackRock Asset Management Canada Ltd	40	$2,148	0.0%	Sole
BlackRock Investment Management, LLC	55,835	$2,998,339	3.2%	Sole
BLACKROCK ADVISORS LLC	148,053	$7,950,446	8.4%	Sole
BlackRock Fund Advisors	770,078	$41,353,188	43.5%	Sole
BlackRock Institutional Trust Company, N.A.	662,496	$35,576,035	37.4%	Sole
BlackRock Japan Co. Ltd	1,381	$74,159	0.1%	Sole
BlackRock Fund Managers Ltd.	3,678	$197,508	0.2%	Sole
BlackRock Asset Management Ireland Ltd	10,552	$566,642	0.6%	Sole
BlackRock (Luxembourg) S.A.	6,960	$373,752	0.4%	Sole
Aperio Group, LLC	36,197	$1,943,778	2.0%	Sole

325 CAPITAL LLC

$63,566,408

6.04%

1,183,732

FMR LLC

$63,559,802

6.04%

1,183,609

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	1,120,849	$60,189,591	94.7%	Defined
STRATEGIC ADVISERS LLC	234	$12,565	0.0%	Defined
FIAM LLC	62,526	$3,357,646	5.3%	Defined

Divisadero Street Capital Management, LP

$62,794,417

5.96%

1,169,356

RENAISSANCE TECHNOLOGIES LLC

$48,900,294

4.64%

910,620

VANGUARD CAPITAL MANAGEMENT LLC

$38,583,342

3.66%

718,498

DIMENSIONAL FUND ADVISORS LP

$37,704,218

3.58%

702,127

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Dimensional Fund Advisors Ltd.	1,619	$86,940	0.2%	Defined
DFA Australia Ltd.	9,557	$513,210	1.4%	Defined
Dimensional Ireland Ltd	37,173	$1,996,190	5.3%	Defined
Held directly	653,778	$35,107,878	93.1%	Sole

AMERICAN CENTURY COMPANIES INC

$37,294,972

3.54%

694,506

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
AMERICAN CENTURY INVESTMENT MANAGEMENT INC	694,506	$37,294,972	100.0%	Defined

Prescott Group Capital Management, L.L.C.

$36,502,521

3.47%

679,749

ACADIAN ASSET MANAGEMENT LLC

$29,127,255

2.77%

542,407

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Acadian Inc	542,407	$29,127,255	100.0%	Defined

Driehaus Capital Management LLC

$28,711,510

2.73%

534,665

GEODE CAPITAL MANAGEMENT, LLC

$28,052,235

2.66%

522,388

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	66,428	$3,567,183	12.7%	Defined
Held directly	455,960	$24,485,052	87.3%	Defined

No Street GP LP

$27,241,097

2.59%

507,283

BANK OF AMERICA CORP /DE/

$24,442,360

2.32%

455,165

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	315,089	$16,920,279	69.2%	Defined
BOFA SECURITIES, INC.	140,076	$7,522,081	30.8%	Defined

VANGUARD PORTFOLIO MANAGEMENT LLC

$22,165,373

2.10%

412,763

Qube Research & Technologies Ltd

$21,532,840

2.04%

400,984

STATE STREET CORP

$21,234,537

2.02%

395,429

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	395,429	$21,234,537	100.0%	Defined

ROYCE & ASSOCIATES LP

$20,305,742

1.93%

378,133

GOLDMAN SACHS GROUP INC

$19,830,013

1.88%

369,274

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	283,790	$15,239,523	76.9%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	85,484	$4,590,490	23.1%	Defined

SYSTEMATIC FINANCIAL MANAGEMENT LP

$12,105,859

1.15%

225,435

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
AFFILIATED MANAGERS GROUP, INC.	221,126	$11,874,466	98.1%	Defined
MORGAN STANLEY	4,309	$231,393	1.9%	Other

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$12,033,955

1.14%

224,096

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.

$10,471,500

0.99%

195,000

OSSIAM

$10,388,211

0.99%

193,449

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Natixis Investment Managers SA	193,449	$10,388,211	100.0%	Defined

MACKENZIE FINANCIAL CORP

$10,068,642

0.96%

187,498

Nuveen, LLC

$9,767,008

0.93%

181,881

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	8,860	$475,781	4.9%	Defined
TEACHERS ADVISORS, LLC joint	173,021	$9,291,227	95.1%	Defined

Assenagon Asset Management S.A.

$9,743,005

0.93%

181,434

OBERWEIS ASSET MANAGEMENT INC/

$9,257,880

0.88%

172,400

NORTHERN TRUST CORP

$9,084,588

0.86%

169,173

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	157,853	$8,476,705	93.3%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	8,506	$456,772	5.0%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	2,814	$151,111	1.7%	Other

4D Advisors, LLC

$8,860,500

0.84%

165,000

MORGAN STANLEY

$8,529,328

0.81%

158,833

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	726	$38,986	0.5%	Defined
MORGAN STANLEY & CO. LLC	23,851	$1,280,798	15.0%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	59,987	$3,221,301	37.8%	Defined
MORGAN STANLEY SMITH BARNEY LLC	8,123	$436,204	5.1%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	66,146	$3,552,039	41.6%	Defined

Pacific Ridge Capital Partners, LLC

$7,763,892

0.74%

144,579

VANGUARD FIDUCIARY TRUST CO

$6,935,247

0.66%

129,148

Manatuck Hill Partners, LLC

$6,506,614

0.62%

121,166

JPMORGAN CHASE & CO

$5,768,665

0.55%

107,424

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	12,182	$654,173	11.3%	Defined
J.P. Morgan Investment Management Inc.	81,582	$4,380,953	75.9%	Defined
J.P. Morgan Securities LLC	8,555	$459,402	8.0%	Defined
J.P. Morgan Securities plc	518	$27,816	0.5%	Defined
JPMorgan Asset Management (UK) Ltd	4,587	$246,321	4.3%	Defined

CSM Advisors, LLC

$5,673,405

0.54%

105,650

AQR CAPITAL MANAGEMENT LLC

$5,665,079

0.54%

105,495

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RF&L WEALTH MANAGEMENT, LLC	1	$53	0.0%	Other
Arax Advisory Partners	3,146	$168,940	3.0%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	631	$33,884	0.6%	Other
Stokes Family Office, LLC	297	$15,948	0.3%	Other
Held directly	101,420	$5,446,254	96.1%	Defined

PANAGORA ASSET MANAGEMENT INC

$5,315,011

0.50%

98,976

Trexquant Investment LP

$4,965,639

0.47%

92,470

UBS Group AG

$4,883,261

0.46%

90,936

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	354	$19,009	0.4%	Defined
UBS AG	89,877	$4,826,394	98.8%	Defined
UBS Securities LLC	705	$37,858	0.8%	Defined

JANE STREET GROUP, LLC

$4,607,460

0.44%

85,800

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	85,800	$4,607,460	100.0%	Defined

LORD, ABBETT & CO. LLC

$4,360,064

0.41%

81,193

HSBC HOLDINGS PLC

$4,331,334

0.41%

80,658

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
HSBC BANK PLC	80,658	$4,331,334	100.0%	Defined

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$4,277,580

0.41%

79,657

Informed Momentum Co LLC

$4,272,909

0.41%

79,570

Russell Investments Group, Ltd.

$4,057,570

0.39%

75,560

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	20,371	$1,093,922	27.0%	Defined
Russell Investments Capital, LLC	8,039	$431,694	10.6%	Defined
Russell Investments France SAS	3,962	$212,759	5.2%	Defined
Russell Investments Limited joint	37,193	$1,997,264	49.2%	Other
Russell Investments Trust Company	5,995	$321,931	7.9%	Defined

FEDERATED HERMES, INC.

$3,912,850

0.37%

72,865

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FEDERATED EQUITY MANAGEMENT CO OF PENNSYLVANIA	15,932	$855,548	21.9%	Defined
FEDERATED MDTA LLC	56,933	$3,057,302	78.1%	Defined

FIRST TRUST ADVISORS LP

$3,735,855

0.35%

69,569

Bank of New York Mellon Corp

$3,721,354

0.35%

69,299

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	20,403	$1,095,641	29.4%	Defined
The Bank of New York Mellon	30,477	$1,636,614	44.0%	Defined
BNY Mellon, NA	22	$1,181	0.0%	Defined
Newton Investment Management North America, LLC	18,396	$987,865	26.5%	Defined
Held directly	1	$53	0.0%	Defined

Invesco Ltd.

$3,379,769

0.32%

62,938

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Advisers, Inc. joint	2,788	$149,715	4.4%	Defined
Invesco Trust Co joint	7,106	$381,592	11.3%	Defined
Invesco Capital Management LLC	53,044	$2,848,462	84.3%	Defined

BNP PARIBAS ARBITRAGE, SA

$3,263,349

0.31%

60,770

CROWN ADVISORS MANAGEMENT, INC.

$3,222,000

0.31%

60,000

CREDIT AGRICOLE S A

$3,181,886

0.30%

59,253

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Credit Agricole Corporate & Investment Bank joint	59,253	$3,181,886	100.0%	Defined

HRT FINANCIAL LP

$3,172,542

0.30%

59,079

BLAIR WILLIAM & CO/IL

$2,999,467

0.28%

55,856

Atom Investors LP

$2,882,616

0.27%

53,680

AWM Investment Company, Inc.

$2,872,950

0.27%

53,500

CWA Asset Management Group, LLC

$2,866,667

0.27%

53,383

SG Capital Management LLC

$2,781,015

0.26%

51,788

LOS ANGELES CAPITAL MANAGEMENT LLC

$2,757,119

0.26%

51,343

BRIDGEWAY CAPITAL MANAGEMENT, LLC

$2,708,144

0.26%

50,431

Pacer Advisors, Inc.

$2,702,398

0.26%

50,324

Squarepoint Ops LLC

$2,593,011

0.25%

48,287

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	48,287	$2,593,011	100.0%	Defined

GLOBEFLEX CAPITAL L P

$2,497,587

0.24%

46,510

CenterBook Partners LP

$2,476,912

0.24%

46,125

PVG ASSET MANAGEMENT CORP

$2,305,609

0.22%

42,935

Fisher Asset Management, LLC

$2,250,137

0.21%

41,902

SEI INVESTMENTS CO

$2,186,985

0.21%

40,726

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SEI INVESTMENTS MANAGEMENT CORP	294	$15,787	0.7%	Sole
SEI TRUST CO	40,432	$2,171,198	99.3%	Sole

Integrated Quantitative Investments LLC

$2,136,078

0.20%

39,778

Jefferies Financial Group Inc.

$1,928,850

0.18%

35,919

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jefferies Financial Services, Inc.	35,919	$1,928,850	100.0%	Defined

FRANKLIN RESOURCES INC

$1,918,002

0.18%

35,717

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FIDUCIARY TRUST INTERNATIONAL LLC	2,621	$140,747	7.3%	Defined
FRANKLIN ADVISERS INC	32,016	$1,719,259	89.6%	Defined
FRANKLIN ADVISORY SERVICES LLC	1,080	$57,996	3.0%	Defined

Engineers Gate Manager LP

$1,826,122

0.17%

34,006

VOLORIDGE INVESTMENT MANAGEMENT, LLC

$1,821,879

0.17%

33,927

Swiss National Bank

$1,782,840

0.17%

33,200

ExodusPoint Capital Management, LP

$1,713,405

0.16%

31,907

STATE OF WISCONSIN INVESTMENT BOARD

$1,681,454

0.16%

31,312

NAVELLIER & ASSOCIATES INC

$1,648,053

0.16%

30,690

RAYMOND JAMES FINANCIAL INC

$1,630,116

0.15%

30,356

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	629	$33,777	2.1%	Defined
ClariVest Asset Management LLC joint	29,727	$1,596,339	97.9%	Defined

XTX Topco Ltd

$1,542,425

0.15%

28,723

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	28,723	$1,542,425	100.0%	Defined

WEDGE CAPITAL MANAGEMENT L L P/NC

$1,539,901

0.15%

28,676

AMERIPRISE FINANCIAL INC

$1,437,763

0.14%

26,774

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Columbia Management Investment Advisers, LLC	24,836	$1,333,693	92.8%	Defined
Ameriprise Financial Services, LLC	1,938	$104,070	7.2%	Defined

CITADEL ADVISORS LLC

$1,428,420

0.14%

26,600

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	26,600	$1,428,420	100.0%	Defined

CITADEL ADVISORS LLC

$1,315,650

0.12%

24,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	24,500	$1,315,650	100.0%	Defined

LSV ASSET MANAGEMENT

$1,304,910

0.12%

24,300

VICTORY CAPITAL MANAGEMENT INC

$1,273,602

0.12%

23,717

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$1,256,580

0.12%

23,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	23,400	$1,256,580	100.0%	Other

RHUMBLINE ADVISERS

$1,204,007

0.11%

22,421

Uniplan Investment Counsel, Inc.

$1,123,081

0.11%

20,914

Lisanti Capital Growth, LLC

$1,122,061

0.11%

20,895

PRINCIPAL FINANCIAL GROUP INC

$1,036,892

0.10%

19,309

SHEETS SMITH WEALTH MANAGEMENT

$1,008,110

0.10%

18,773

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$979,649

0.09%

18,243

JANE STREET GROUP, LLC

$977,340

0.09%

18,200

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	18,200	$977,340	100.0%	Defined

DEUTSCHE BANK AG\

$974,601

0.09%

18,149

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS INVESTMENT MANAGEMENT AMERICAS, INC	340	$18,258	1.9%	Defined
DWS Investments UK Ltd	17,809	$956,343	98.1%	Defined

TWO SIGMA INVESTMENTS, LP

$967,620

0.09%

18,019

ALLIANCEBERNSTEIN L.P.

$962,304

0.09%

17,920

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	17,920	$962,304	100.0%	Defined

MARSHALL WACE, LLP

$959,188

0.09%

17,862

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	13,871	$744,872	77.7%	Other
Marshall Wace Middle East Ltd	3,991	$214,316	22.3%	Other

WELLS FARGO & COMPANY/MN

$878,532

0.08%

16,360

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	16,360	$878,532	100.0%	Defined

Connor, Clark & Lunn Investment Management Ltd.

$835,088

0.08%

15,551

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	15,163	$814,253	97.5%	Sole
Held directly	388	$20,835	2.5%	Sole

O'SHAUGHNESSY ASSET MANAGEMENT, LLC

$827,248

0.08%

15,405

STRS OHIO

$826,980

0.08%

15,400

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