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American Public Education

117 hedge funds and large institutions have $608M invested in American Public Education in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 35 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 35

10% more call options, than puts

Call options by funds: $1.3M | Put options by funds: $1.19M

10% less funds holding

Funds holding: 130117 (-13)

17% less capital invested

Capital invested by funds: $734M → $608M (-$127M)

42% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 26

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
117
Holders Change
-13
Holders Change %
-10%
% of All Funds
3.38%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
45
Reduced
35
Closed
26
Calls
$1.3M
Puts
$1.19M
Net Calls
+$115K
Net Calls Change
+$319K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$61.5M +$769K +18,948 +1%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$54.1M +$10.5M +258,529 +20%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$49.4M -$562K -13,844 -1%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$43.4M -$856K -21,100 -2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$39.1M +$255K +6,288 +0.6%
BFA
6
BlackRock Fund Advisors
California
$33.6M +$355K +8,760 +0.9%
TSW
7
Thompson Siegel & Walmsley
Virginia
$31M +$20.7M +510,398 +136%
VBA
8
Van Berkom & Associates
Quebec, Canada
$30.5M +$3.72M +91,665 +12%
HA
9
Heartland Advisors
Wisconsin
$21.8M +$15.4M +379,966 +158%
BIT
10
BlackRock Institutional Trust
California
$16.8M -$172K -4,230 -0.9%
TAM
11
Tiverton Asset Management
Delaware
$15.8M
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$14.9M +$868K +21,386 +5%
Franklin Resources
13
Franklin Resources
California
$14.3M +$7.63M +188,055 +85%
State Street
14
State Street
Massachusetts
$12.3M +$226K +5,569 +2%
RA
15
Royce & Associates
New York
$11.7M +$105K +2,600 +0.8%
GAM
16
Gotham Asset Management
New York
$11.5M +$5.55M +136,807 +71%
Northern Trust
17
Northern Trust
Illinois
$9.72M +$735K +18,108 +7%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$9.38M +$1.33M +32,806 +14%
Renaissance Technologies
19
Renaissance Technologies
New York
$8.77M +$1.3M +32,100 +15%
SCM
20
Sterling Capital Management
North Carolina
$8.35M -$61.3K -1,510 -0.6%
PCMF
21
Private Capital Management (Florida)
Florida
$7.71M +$306K +7,540 +4%
PAMU
22
Pictet Asset Management (UK)
United Kingdom
$6.75M +$2.93M +72,242 +60%
Janus Henderson Group
23
Janus Henderson Group
United Kingdom
$5.84M
Norges Bank
24
Norges Bank
Norway
$5.65M
Principal Financial Group
25
Principal Financial Group
Iowa
$4.06M +$321K +7,919 +7%

APEI Hedge Fund Activity: Q1 2014 in Review

117 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in American Public Education (APEI) for Q1 2014, worth a combined $608M — down 17% from $734M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of APEI and 15 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 45 added.

The largest buyer was Thompson Siegel & Walmsley, adding an estimated $20.7M. The largest seller was Turner Investments, exiting entirely with an estimated $12.7M sold.

  • 117 institutional investors held American Public Education (APEI) as of Q1 2014, down from 130 in Q4 2013.
  • Funds reported $608M of American Public Education stock for Q1 2014, down 17% quarter-over-quarter.
  • 15 funds opened new American Public Education positions in Q1 2014 and 26 closed out, a net change of -11 holders.
  • The largest American Public Education buyer in Q1 2014 was Thompson Siegel & Walmsley, an estimated $20.7M added.
  • The largest American Public Education seller in Q1 2014 was Turner Investments, an estimated $12.7M sold.

Based on aggregated 13F filings for Q1 2014.