APEI
American Public Education, Inc. · Consumer Defensive · Education & Training Services
Momentum inputs (comparable managers):
holder breadth -25.0% ·
share flow +2.4% ·
net new positions -20.0%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 83 | +3 | 11.16M | $599.25M | +11 | −8 |
| Q1 2026 | 83 | +14 | 11.30M | $642.67M | +16 | −2 |
| Q4 2025 | 69 | +1 | 10.65M | $402.60M | +1 | — |
| Q3 2025 | 14 | 0 | 6.17M | $243.72M | +1 | −1 |
| Q2 2025 | 11 | +3 | 5.06M | $154.05M | +3 | — |
| Q1 2025 | 5 | 0 | 1.96M | $43.76M | — | — |
| Q4 2024 | 5 | -2 | 2.05M | $44.16M | — | −2 |
| Q3 2024 | 6 | -2 | 1.97M | $28.99M | +1 | −3 |
| Q2 2024 | 8 | — | 1.92M | $33.73M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Renaissance Technologies ✦ | 968.12K | -3.6% | $14.28M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 2 | Geode Capital Management ✦ (passive) | 404.17K | +0.6% | $5.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | Geode Capital Management ✦ (passive) | 404.17K | +0.6% | $5.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | AQR Capital Management ✦ | 349.62K | New | $5.16M | 0.0% | New | 1 | SEC ↗ |
| 5 | AQR Capital Management ✦ | 349.62K | New | $5.16M | 0.0% | New | 1 | SEC ↗ |
| 6 | AQR Capital Management ✦ | 349.62K | New | $5.16M | 0.0% | New | 1 | SEC ↗ |
| 7 | Arrowstreet Capital ✦ | 197.92K | +23.6% | $2.92M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 8 | D. E. Shaw & Co. ✦ | 24.73K | -85.3% | $364,738 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 9 | Marshall Wace ✦ | 20.90K | -54.9% | $308,217 | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| AQR Capital Management | $5.16M | 0.0% |
| AQR Capital Management | $5.16M | 0.0% |
| AQR Capital Management | $5.16M | 0.0% |
Exited
| Citadel Advisors | $1.86M | was 0.0% |
| Millennium Management | $358,966 | was 0.0% |
| Two Sigma Investments | $213,333 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 203 holders, 19.55M shares, $1.06B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 1.31K sh · $60,030
Officer · 8.80K sh · $397,144
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology