American Public Education
APEI
160 hedge funds and large institutions have $757M invested in American Public Education in 2025 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 15 closing their positions.
838% more call options, than puts
Call options by funds: $816K | Put options by funds: $87K
153% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 15
36% more capital invested
Capital invested by funds: $558M → $757M (+$199M)
17% more funds holding
Funds holding: 137 → 160 (+23)
4.5% more ownership
Funds ownership: 101.8% → 106.31% (+4.5%)
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSGL
No Street GP LP
San Francisco,
California
|
+$26M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$12.1M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.9M |
| 4 |
Morgan Stanley
New York
|
+$5.52M |
| 5 |
Lazard Asset Management
New York
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Redwood Capital Management
New York
|
-$22.1M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$12.2M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$5.16M |
| 4 |
BAM
Bastion Asset Management
Montreal,
Canada
|
-$5.07M |
| 5 |
Renaissance Technologies
New York
|
-$3.69M |
APEI Hedge Fund Activity: Q3 2025 in Review
160 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in American Public Education (APEI) for Q3 2025, worth a combined $757M — up 36% from $558M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new APEI positions and 15 closed out — a net gain of 23 holders — while 51 added to existing stakes and 48 trimmed.
The largest buyer was No Street GP LP, opening a new position worth an estimated $26M. The largest seller was Redwood Capital Management, cutting an estimated $22.1M.
- 160 institutional investors held American Public Education (APEI) as of Q3 2025, up from 137 in Q2 2025.
- Funds reported $757M of American Public Education stock for Q3 2025, up 36% quarter-over-quarter.
- 38 funds opened new American Public Education positions in Q3 2025 and 15 closed out, a net change of +23 holders.
- The largest American Public Education buyer in Q3 2025 was No Street GP LP, an estimated $26M added.
- The largest American Public Education seller in Q3 2025 was Redwood Capital Management, an estimated $22.1M sold.
Based on aggregated 13F filings for Q3 2025.