DaveManuel.com · Institutional Ownership · Who Owns It
AMERICAN PUB ED INC (APEI)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
210
Reporting holders
$1.1B
Reported value
107.3%
Of shares outstanding
0.6%
Calls
0.4%
Puts
+3
Holder change
Institutions report 19,635,338 shares against 18,301,543 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Over 100% because an adviser and a sub-adviser can both report the same shares, and both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $95.2M | 1,772,227 | 0.00% | 8q | +22.2%+$17.3M |
| 325 CAPITAL LLC | $63.6M | 1,183,732 | 15.15% | 19q | HELD |
| FMR LLC | $63.6M | 1,183,609 | 0.00% | 18q | +50.1%+$21.2M |
| Divisadero Street Capital Management, LP | $62.8M | 1,169,356 | 1.42% | 4q | +11.1%+$6.3M |
| RENAISSANCE TECHNOLOGIES LLC | $48.9M | 910,620 | 0.07% | 31q | -1.0%-$515.5K |
| VANGUARD CAPITAL MANAGEMENT LLC | $38.6M | 718,498 | 0.00% | 2q | +2.5%+$938.7K |
| DIMENSIONAL FUND ADVISORS LP | $37.7M | 702,127 | 0.01% | 31q | -12.1%-$5.2M |
| AMERICAN CENTURY COMPANIES INC | $37.3M | 694,506 | 0.02% | 16q | +5.4%+$1.9M |
| Prescott Group Capital Management, L.L.C. | $36.5M | 679,749 | 3.16% | 16q | HELD |
| ACADIAN ASSET MANAGEMENT LLC | $29.1M | 542,407 | 0.03% | 11q | -2.8%-$841.0K |
| Driehaus Capital Management LLC | $28.7M | 534,665 | 0.17% | 4q | HELD |
| GEODE CAPITAL MANAGEMENT, LLC | $28.1M | 522,388 | 0.00% | 31q | +8.1%+$2.1M |
| No Street GP LP | $27.2M | 507,283 | 1.64% | 4q | -21.7%-$7.5M |
| BANK OF AMERICA CORP /DE/ | $24.4M | 455,165 | 0.00% | 31q | -40.2%-$16.5M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $22.2M | 412,763 | 0.00% | 2q | +22.2%+$4.0M |
| Qube Research & Technologies Ltd | $21.5M | 400,984 | 0.02% | 7q | +97.2%+$10.6M |
| STATE STREET CORP | $21.2M | 395,429 | 0.00% | 31q | +10.5%+$2.0M |
| ROYCE & ASSOCIATES LP | $20.3M | 378,133 | 0.16% | 6q | +15.8%+$2.8M |
| GOLDMAN SACHS GROUP INC | $19.8M | 369,274 | 0.00% | 31q | -40.5%-$13.5M |
| Assenagon Asset Management S.A. | $19.5M | 362,868 | 0.01% | 19q | +104.7%+$10.0M |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | $12.1M | 225,435 | 0.24% | 31q | -7.8%-$1.0M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $12.0M | 224,096 | 0.01% | 10q | -41.8%-$8.6M |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | $10.5M | 195,000 | 0.52% | 5q | HELD |
| OSSIAM | $10.4M | 193,449 | 0.14% | 2q | HELD |
| MACKENZIE FINANCIAL CORP | $10.1M | 187,498 | 0.01% | 7q | +161.3%+$6.2M |
| Nuveen, LLC | $9.8M | 181,881 | 0.00% | 6q | -17.2%-$2.0M |
| OBERWEIS ASSET MANAGEMENT INC/ | $9.3M | 172,400 | 0.19% | 2q | +32.2%+$2.3M |
| NORTHERN TRUST CORP | $9.1M | 169,173 | 0.00% | 31q | -2.4%-$223.7K |
| 4D Advisors, LLC | $8.9M | 165,000 | 3.40% | 6q | +10.0%+$805.5K |
| MORGAN STANLEY | $8.5M | 158,833 | 0.00% | 35q | +39.5%+$2.4M |
| Pacific Ridge Capital Partners, LLC | $7.8M | 144,579 | 1.41% | 7q | -13.8%-$1.2M |
| VANGUARD FIDUCIARY TRUST CO | $6.9M | 129,148 | 0.00% | 2q | +4.4%+$294.8K |
| Manatuck Hill Partners, LLC | $6.5M | 121,166 | 2.16% | 5q | -29.3%-$2.7M |
| JPMORGAN CHASE & CO | $5.7M | 107,424 | 0.00% | 31q | -32.1%-$2.7M |
| CSM Advisors, LLC | $5.7M | 105,650 | 0.12% | 5q | +23.6%+$1.1M |
| AQR CAPITAL MANAGEMENT LLC | $5.7M | 105,495 | 0.00% | 8q | +0.8%+$44.6K |
| JANE STREET GROUP, LLC | $5.6M CALL+PUT | options only | 0.00% | 2q | OPTIONS |
| PANAGORA ASSET MANAGEMENT INC | $5.3M | 98,976 | 0.02% | 9q | -18.3%-$1.2M |
| Trexquant Investment LP | $5.0M | 92,470 | 0.03% | 3q | +72.7%+$2.1M |
| UBS Group AG | $4.9M | 90,936 | 0.00% | 12q | -61.2%-$7.7M |
| HSBC HOLDINGS PLC | $4.4M | 80,658 | 0.00% | 2q | +350.3%+$3.4M |
| LORD, ABBETT & CO. LLC | $4.4M | 81,193 | 0.01% | 2q | +25.5%+$886.4K |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $4.3M | 79,657 | 0.00% | 9q | -2.7%-$118.1K |
| Informed Momentum Co LLC | $4.3M | 79,570 | 0.38% | 7q | -9.2%-$433.7K |
| Russell Investments Group, Ltd. | $4.0M | 75,560 | 0.00% | 10q | +51.6%+$1.4M |
| FEDERATED HERMES, INC. | $3.9M | 72,865 | 0.01% | 31q | +7.7%+$279.4K |
| FIRST TRUST ADVISORS LP | $3.7M | 69,569 | 0.00% | 4q | +11.0%+$370.7K |
| Bank of New York Mellon Corp | $3.7M | 69,299 | 0.00% | 9q | +5.2%+$183.1K |
| CITADEL ADVISORS LLC | $3.4M incl. $2.7M options CALL+PUT | 12,821 | 0.00% | 5q | -88.8%-$27.3M |
| Invesco Ltd. | $3.4M | 62,938 | 0.00% | 31q | -54.6%-$4.1M |
| BNP PARIBAS FINANCIAL MARKETS | $3.3M | 60,770 | 0.00% | 31q | +25.3%+$658.3K |
| CROWN ADVISORS MANAGEMENT, INC. | $3.2M | 60,000 | 1.77% | 3q | +20.0%+$537.0K |
| CREDIT AGRICOLE S A | $3.2M | 59,253 | 0.01% | 4q | HELD |
| HRT FINANCIAL LP | $3.2M | 59,079 | 0.01% | 3q | -26.1%-$1.1M |
| BLAIR WILLIAM & CO/IL | $3.0M | 55,856 | 0.01% | 4q | +98.9%+$1.5M |
| Atom Investors LP | $2.9M | 53,680 | 0.26% | 2q | -20.8%-$755.6K |
| AWM Investment Company, Inc. | $2.9M | 53,500 | 0.25% | 22q | HELD |
| CWA Asset Management Group, LLC | $2.9M | 53,383 | 0.09% | 2q | +22.1%+$518.4K |
| SG Capital Management LLC | $2.8M | 51,788 | 0.23% | new | NEW |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $2.8M | 51,343 | 0.01% | 5q | +169.6%+$1.7M |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $2.7M | 50,431 | 0.05% | 16q | -55.4%-$3.4M |
| Pacer Advisors, Inc. | $2.7M | 50,324 | 0.01% | new | NEW |
| Squarepoint Ops LLC | $2.6M | 48,287 | 0.00% | 2q | +329.7%+$2.0M |
| GLOBEFLEX CAPITAL L P | $2.5M | 46,510 | 0.32% | 6q | +17.1%+$364.9K |
| CenterBook Partners LP | $2.5M | 46,125 | 0.12% | 5q | +172.9%+$1.6M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2.4M incl. $1.6M options CALL+PUT | 15,378 | 0.00% | 8q | +23.6%+$465.0K |
| PVG ASSET MANAGEMENT CORP | $2.3M | 42,935 | 1.33% | 3q | HELD |
| Fisher Asset Management, LLC | $2.3M | 41,902 | 0.00% | 5q | -10.9%-$276.2K |
| SEI INVESTMENTS CO | $2.2M | 40,726 | 0.00% | 5q | -47.3%-$2.0M |
| Integrated Quantitative Investments LLC | $2.1M | 39,778 | 0.35% | 7q | +2.8%+$58.0K |
| Jefferies Financial Group Inc. | $1.9M | 35,919 | 0.01% | new | NEW |
| FRANKLIN RESOURCES INC | $1.9M | 35,717 | 0.00% | 8q | -2.0%-$39.7K |
| Engineers Gate Manager LP | $1.8M | 34,006 | 0.02% | 4q | +26.5%+$383.0K |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $1.8M | 33,927 | 0.01% | new | NEW |
| Swiss National Bank | $1.8M | 33,200 | 0.00% | new | NEW |
| ExodusPoint Capital Management, LP | $1.7M | 31,907 | 0.01% | 2q | -52.4%-$1.9M |
| STATE OF WISCONSIN INVESTMENT BOARD | $1.7M | 31,312 | 0.00% | 18q | +8.4%+$130.0K |
| NAVELLIER & ASSOCIATES INC | $1.6M | 30,690 | 0.13% | 4q | +158.9%+$1.0M |
| RAYMOND JAMES FINANCIAL INC | $1.6M | 30,356 | 0.00% | 5q | -24.3%-$523.5K |
| XTX Topco Ltd | $1.5M | 28,723 | 0.02% | 2q | +46.6%+$490.2K |
| WEDGE CAPITAL MANAGEMENT L L P/NC | $1.5M | 28,676 | 0.03% | 3q | +15.1%+$202.6K |
| AMERIPRISE FINANCIAL INC | $1.4M | 26,774 | 0.00% | 13q | -34.3%-$751.4K |
| LSV ASSET MANAGEMENT | $1.3M | 24,300 | 0.00% | 9q | -11.6%-$171.9K |
| Legato Capital Management LLC | $1.3M | 24,104 | 0.11% | 3q | +78.2%+$567.9K |
| VICTORY CAPITAL MANAGEMENT INC | $1.3M | 23,717 | 0.00% | 6q | +27.6%+$275.6K |
| RHUMBLINE ADVISERS | $1.2M | 22,421 | 0.00% | 31q | +5.4%+$61.5K |
| Uniplan Investment Counsel, Inc. | $1.1M | 20,914 | 0.11% | 2q | +92.8%+$540.6K |
| Lisanti Capital Growth, LLC | $1.1M | 20,895 | 0.25% | new | NEW |
| PRINCIPAL FINANCIAL GROUP INC | $1.0M | 19,309 | 0.00% | 8q | +9.2%+$87.6K |
| ALLIANCEBERNSTEIN L.P. | $1.0M | 17,920 | 0.00% | 5q | +15.5%+$136.5K |
| SHEETS SMITH WEALTH MANAGEMENT | $1.0M | 18,773 | 0.10% | 5q | HELD |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $979.6K | 18,243 | 0.00% | 9q | +1838.7%+$929.1K |
| DEUTSCHE BANK AG\ | $974.6K | 18,149 | 0.00% | 9q | +25.1%+$195.8K |
| TWO SIGMA INVESTMENTS, LP | $967.6K | 18,019 | 0.00% | 2q | +87.7%+$452.1K |
| MARSHALL WACE, LLP | $959.2K | 17,862 | 0.00% | 2q | -76.7%-$3.2M |
| WELLS FARGO & COMPANY/MN | $878.5K | 16,360 | 0.00% | 14q | +158.5%+$538.6K |
| Connor, Clark & Lunn Investment Management Ltd. | $835.1K | 15,551 | 0.00% | 11q | -48.9%-$800.6K |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $827.2K | 15,405 | 0.00% | 10q | +40.8%+$239.8K |
| STRS OHIO | $827.0K | 15,400 | 0.00% | 5q | +25.2%+$166.5K |
| PRICE T ROWE ASSOCIATES INC /MD/ | $802.0K | 14,923 | 0.00% | 5q | +13.4%+$94.7K |
Showing the largest 100 of 210 reported holders.
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-10-27 | 2026-10-22 | Directors or officers departed or appointed | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-15 | Beckett Thomas | SVP, General Counsel | Sold | 8,000 | $414.2K ×3 |
| 2026-08-12 | Fernandes Nuno S. | President, APUS | Sold | 8,800 | $397.1K |
| 2026-05-13 | Fernandes Nuno S. | President, APUS | Sold | 4,500 | $240.0K |
| 2026-06-22 | Beckett Thomas | SVP, General Counsel | Sold | 2,000 | $108.0K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 30 | $9.7M | 229,318 | 3 | 11 | 4 | 0.0% |
| Q2 2026 | 210 | $1.1B | 19,635,338 | 35 | 76 | 62 | 0.9% |
| Q1 2026 | 207 | $1.1B | 19,755,247 | 52 | 55 | 66 | 0.8% |
| Q4 2025 | 173 | $758.6M | 20,057,697 | 23 | 61 | 53 | 0.1% |
| Q3 2025 | 164 | $759.3M | 19,233,625 | 41 | 49 | 48 | 0.1% |
| Q2 2025 | 139 | $559.0M | 18,383,519 | 34 | 57 | 30 | 0.0% |
| Q1 2025 | 116 | $393.7M | 17,686,076 | 13 | 38 | 36 | 0.0% |
| Q4 2024 | 112 | $371.5M | 17,269,663 | 18 | 36 | 27 | 0.0% |
| Q3 2024 | 108 | $242.0M | 16,357,842 | 27 | 38 | 29 | 0.3% |
| Q2 2024 | 104 | $278.9M | 15,789,804 | 29 | 32 | 35 | 0.5% |
| Q1 2024 | 94 | $225.1M | 15,644,909 | 25 | 30 | 26 | 1.3% |
| Q4 2023 | 79 | $139.3M | 14,024,886 | 16 | 19 | 28 | 2.7% |
| Q3 2023 | 69 | $69.3M | 13,912,368 | 6 | 19 | 33 | 0.0% |
| Q2 2023 | 77 | $69.1M | 14,576,011 | 11 | 18 | 44 | 0.1% |
| Q1 2023 | 95 | $90.8M | 16,747,640 | 11 | 47 | 26 | 0.1% |
| Q4 2022 | 120 | $210.8M | 17,151,447 | 23 | 34 | 47 | 0.0% |
| Q3 2022 | 109 | $1.2B | 127,326,779 | 36 | 30 | 31 | 0.0% |
| Q2 2022 | 97 | $317.1M | 19,629,547 | 9 | 35 | 31 | 0.0% |
| Q1 2022 | 104 | $426.7M | 20,056,643 | 12 | 29 | 43 | 0.0% |
| Q4 2021 | 112 | $510.6M | 22,937,331 | 14 | 30 | 41 | 0.0% |
| Q3 2021 | 124 | $562.3M | 21,925,489 | 9 | 35 | 55 | 0.1% |
| Q2 2021 | 128 | $637.2M | 22,456,836 | 14 | 52 | 39 | 0.1% |
| Q1 2021 | 137 | $774.7M | 21,748,146 | 22 | 53 | 43 | 0.1% |
| Q4 2020 | 125 | $560.4M | 18,387,016 | 8 | 44 | 49 | 0.0% |
| Q3 2020 | 131 | $515.8M | 18,290,783 | 7 | 46 | 51 | 0.0% |
| Q2 2020 | 139 | $580.1M | 19,595,564 | 36 | 29 | 54 | 0.0% |
| Q1 2020 | 114 | $618.3M | 25,840,595 | 9 | 32 | 50 | 0.0% |
| Q4 2019 | 120 | $597.7M | 21,807,122 | 17 | 35 | 50 | 0.1% |
| Q3 2019 | 118 | $491.6M | 22,005,992 | 19 | 41 | 38 | 0.0% |
| Q2 2019 | 116 | $678.1M | 22,930,085 | 5 | 52 | 41 | 0.0% |
| Q1 2019 | 129 | $697.9M | 23,136,324 | 12 | 41 | 46 | 0.1% |
| Q4 2018 | 129 | $662.0M | 23,230,904 | 5 | 0 | 3 | 0.1% |