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American Public Education

125 hedge funds and large institutions have $659M invested in American Public Education in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 52 increasing their positions, 39 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more call options, than puts

Call options by funds: $6.37M | Put options by funds: $4.26M

33% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 39

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $664M → $659M (-$5.53M)

7% less funds holding

Funds holding: 134125 (-9)

44% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 18

Holders
125
Holders Change
-9
Holders Change %
-6.72%
% of All Funds
4.05%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
52
Reduced
39
Closed
18
Calls
$6.37M
Puts
$4.26M
Net Calls
+$2.11M
Net Calls Change
+$1.73M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Bares Capital Management
Texas
$67.1M -$36.3M -921,352 -34%
Invesco
2
Invesco
Georgia
$64.4M +$492K +12,487 +0.7%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$46.1M +$15.4M +390,422 +47%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$42.6M -$23.7M -601,950 -35%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$41.4M -$161K -4,100 -0.4%
Vanguard Group
6
Vanguard Group
Pennsylvania
$40.7M +$1.28M +32,390 +3%
BFA
7
BlackRock Fund Advisors
California
$35.2M +$3.88M +98,509 +12%
VBA
8
Van Berkom & Associates
Quebec, Canada
$30.3M +$4.26M +108,168 +16%
DDC
9
DF Dent & Co
Maryland
$22.8M -$4.45M -112,968 -16%
BIT
10
BlackRock Institutional Trust
California
$18.9M -$64.3K -1,633 -0.3%
TAM
11
Tiverton Asset Management
Delaware
$17M
PCMF
12
Private Capital Management (Florida)
Florida
$14.8M +$6.66M +169,130 +76%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$13.6M +$1.84M +46,827 +15%
State Street
14
State Street
Massachusetts
$13.2M +$124K +3,143 +0.9%
RA
15
Royce & Associates
New York
$12.6M +$2.14M +54,400 +20%
MRM
16
Michael R. Murphy
$11.7M +$12.2M +310,811 New
Northern Trust
17
Northern Trust
Illinois
$10.4M -$294K -7,458 -3%
TI
18
Turner Investments
Pennsylvania
$9.68M -$1.66M -42,283 -14%
Nordea Investment Management
19
Nordea Investment Management
Sweden
$7.92M +$5.74M +145,854 +230%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$7.55M +$1.11M +28,129 +16%
SCM
21
Sterling Capital Management
North Carolina
$7.44M -$4.9M -124,390 -39%
PAMU
22
Pictet Asset Management (UK)
United Kingdom
$6.81M +$3.43M +87,058 +93%
Janus Henderson Group
23
Janus Henderson Group
United Kingdom
$6.3M
Morgan Stanley
24
Morgan Stanley
New York
$6.24M +$443K +11,255 +7%
Renaissance Technologies
25
Renaissance Technologies
New York
$6.18M +$1.25M +31,653 +24%

APEI Hedge Fund Activity: Q3 2013 in Review

125 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in American Public Education (APEI) for Q3 2013, worth a combined $659M — down 0.83% from $664M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of APEI and 10 opened new positions — a net loss of 8 holders — while 39 trimmed existing stakes and 52 added.

The largest buyer was Wellington Management Group, adding an estimated $15.4M. The largest seller was Bares Capital Management, cutting an estimated $36.3M.

  • 125 institutional investors held American Public Education (APEI) as of Q3 2013, down from 134 in Q2 2013.
  • Funds reported $659M of American Public Education stock for Q3 2013, down 0.83% quarter-over-quarter.
  • 10 funds opened new American Public Education positions in Q3 2013 and 18 closed out, a net change of -8 holders.
  • The largest American Public Education buyer in Q3 2013 was Wellington Management Group, an estimated $15.4M added.
  • The largest American Public Education seller in Q3 2013 was Bares Capital Management, an estimated $36.3M sold.

Based on aggregated 13F filings for Q3 2013.