American Public Education
APEI
113 hedge funds and large institutions have $433M invested in American Public Education in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 42 increasing their positions, 41 reducing their positions, and 10 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 41
6% less call options, than puts
Call options by funds: $1.85M | Put options by funds: $1.97M
3% less funds holding
Funds holding: 116 → 113 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
23% less capital invested
Capital invested by funds: $560M → $433M (-$127M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$22.8M |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$4.87M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.96M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.81M |
| 5 |
RA
Royce & Associates
New York
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.8M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$11.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$10.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$8.35M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$2.49M |
APEI Hedge Fund Activity: Q3 2014 in Review
113 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in American Public Education (APEI) for Q3 2014, worth a combined $433M — down 23% from $560M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of APEI and 8 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 42 added.
The largest buyer was State of Michigan Retirement System, opening a new position worth an estimated $22.8M. The largest seller was Fidelity Investments, cutting an estimated $17.8M.
- 113 institutional investors held American Public Education (APEI) as of Q3 2014, down from 116 in Q2 2014.
- Funds reported $433M of American Public Education stock for Q3 2014, down 23% quarter-over-quarter.
- 8 funds opened new American Public Education positions in Q3 2014 and 10 closed out, a net change of -2 holders.
- The largest American Public Education buyer in Q3 2014 was State of Michigan Retirement System, an estimated $22.8M added.
- The largest American Public Education seller in Q3 2014 was Fidelity Investments, an estimated $17.8M sold.
Based on aggregated 13F filings for Q3 2014.