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American Public Education

132 hedge funds and large institutions have $514M invested in American Public Education in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 53 increasing their positions, 45 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

217% more call options, than puts

Call options by funds: $459K | Put options by funds: $145K

18% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 45

0.19% less ownership

Funds ownership: 94.88%94.69% (-0.19%)

12% less funds holding

Funds holding: 150132 (-18)

22% less capital invested

Capital invested by funds: $655M → $514M (-$141M)

61% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 28

Holders
132
Holders Change
-18
Holders Change %
-12%
% of All Funds
3.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
53
Reduced
45
Closed
28
Calls
$459K
Puts
$145K
Net Calls
+$314K
Net Calls Change
+$829K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$96.1M +$7.65M +199,752 +7%
BlackRock
2
BlackRock
New York
$76.9M +$3.02M +78,833 +4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$45.6M +$1.9M +49,582 +4%
Renaissance Technologies
4
Renaissance Technologies
New York
$44.2M -$1.78M -46,400 -3%
Vanguard Group
5
Vanguard Group
Pennsylvania
$42.7M +$1.61M +42,144 +3%
AQR Capital Management
6
AQR Capital Management
Connecticut
$21.2M +$9.69M +253,121 +65%
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$19.4M -$405K -10,585 -2%
State Street
8
State Street
Massachusetts
$15.9M +$1.62M +42,371 +10%
Man Group
9
Man Group
United Kingdom
$9.08M -$1.47M -38,384 -12%
Northern Trust
10
Northern Trust
Illinois
$7.17M +$202K +5,267 +2%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$7.02M +$492K +12,843 +6%
Deutsche Bank
12
Deutsche Bank
Germany
$6.85M -$4.34M -113,415 -35%
Charles Schwab
13
Charles Schwab
California
$6.74M +$1.24M +32,396 +19%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$6.29M -$25.9K -676 -0.4%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$6.08M +$296K +7,720 +4%
Citadel Advisors
16
Citadel Advisors
Florida
$5.74M +$2.84M +74,217 +75%
PAM
17
Panagora Asset Management
Massachusetts
$5.31M +$1.62M +42,377 +36%
PPA
18
Parametric Portfolio Associates
Washington
$4.47M +$1.84M +47,946 +55%
Principal Financial Group
19
Principal Financial Group
Iowa
$4.4M +$180K +4,695 +4%
Goldman Sachs
20
Goldman Sachs
New York
$4.05M +$124K +3,237 +3%
Millennium Management
21
Millennium Management
New York
$3.89M -$900K -23,510 -17%
Ameriprise
22
Ameriprise
Minnesota
$3.86M -$101K -2,640 -2%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.65M +$430K +11,225 +11%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$3.28M +$287K +7,500 +8%
Invesco
25
Invesco
Georgia
$2.85M -$1.07M -27,894 -24%

APEI Hedge Fund Activity: Q3 2018 in Review

132 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in American Public Education (APEI) for Q3 2018, worth a combined $514M — down 22% from $655M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of APEI and 11 opened new positions — a net loss of 17 holders — while 45 trimmed existing stakes and 53 added.

The largest buyer was AQR Capital Management, adding an estimated $9.69M. The largest seller was State of Michigan Retirement System, exiting entirely with an estimated $12.4M sold.

  • 132 institutional investors held American Public Education (APEI) as of Q3 2018, down from 150 in Q2 2018.
  • Funds reported $514M of American Public Education stock for Q3 2018, down 22% quarter-over-quarter.
  • 11 funds opened new American Public Education positions in Q3 2018 and 28 closed out, a net change of -17 holders.
  • The largest American Public Education buyer in Q3 2018 was AQR Capital Management, an estimated $9.69M added.
  • The largest American Public Education seller in Q3 2018 was State of Michigan Retirement System, an estimated $12.4M sold.

Based on aggregated 13F filings for Q3 2018.