American Public Education

APEI • NASDAQ

American Public Education is a education & training services company in the consumer defensive sector on NASDAQ, led by Angela K. Selden, with a market cap of $667.9M. As of Q3 2025, 106% of shares are held by 159 institutional investors, with BlackRock, Inc. as the largest holder at 8.63%.

Chief Executive OfficerAngela K. Selden

Market Cap$667.9M

Education & Training Services

Consumer Defensive

Employees6.0K

Websiteapei.com

Country

United States of America

Overview

Overview of institutional ownership in APEI as of Q3 2025 with a market cap of $713.1M

All Institutions

Institutions: 159
Value Held: $757.3M
Shares Held: 19.2M
Avg Position: $4.8M
Median Position: $481.9K

Hedge Funds

Hedge Funds: 25
Value Held: $263.5M
Shares Held: 6.7M
Avg Position: $10.5M
Median Position: $4.3M

Ownership Breakdown

Institutional (non-HF)

69.26%

$493.9M

Hedge Funds

36.94%

$263.5M

Retail & Other

Based on market cap of $713.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in APEI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$61.5M 0.00% of portfolio	8.63% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
3 325 CAPITAL LLC Hedge Fund•Value	Michael Braner Managing Partner	$60.3M 18.33% of portfolio	8.46% 1.5M shares	Q4 2021 Held for 3y 11m	$329.1M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$42.9M 0.00% of portfolio	6.01% 1.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$36.6M 0.05% of portfolio	5.14% 928.2K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
P PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Matthew Nicholas Dunham President	$33.8M 3.57% of portfolio	4.74% 857.2K shares	Q3 2022 Held for 3y 2m	$948.6M
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$32.8M 0.01% of portfolio	4.61% 832.0K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
No Street GP LP Hedge Fund•Long/Short	Jeffrey Bryan Osher Founder	$32.4M 2.15% of portfolio	4.54% 820.0K shares	Q3 2025 Held for 2 months	$1.5B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$30.5M 0.00% of portfolio	4.28% 773.7K shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	Gillian Morna Therese Savage CEO	$27.7M 0.05% of portfolio	3.89% 702.4K shares	Q4 2022 Held for 2y 11m	$51.5B
A AMERICAN CENTURY COMPANIES INC Institution	-	$24.2M 0.01% of portfolio	3.39% 612.1K shares	Q3 2022 Held for 3y 2m	$195.93B

Net Capital Flow

Institutional buying and selling activity for APEI in Q3 2025

Traded: +$66.4M
Buyers: 89
Sellers: 62
Total Bought: +$126.2M
Total Sold: −$59.8M
Avg Position: $4.4M

Biggest Buyers

Institution	Net Bought	Current Position
No Street GP LP Hedge Fund•Long/Short	+$32.4M +820.0K shares	$32.4M 820.0K shares
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	+$15.1M +382.8K shares	$15.1M 382.8K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	+$13.6M +344.7K shares	$13.6M 344.7K shares
MORGAN STANLEY RIA/Wealth	+$6.9M +173.8K shares	$19.5M 493.7K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	+$6.4M +162.3K shares	$11.6M 294.4K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$6.3M +159.0K shares	$6.3M 159.0K shares
Polar Securities Inc. Hedge Fund•Multi-Strategy	+$3.9M +98.3K shares	$4.3M 108.6K shares
Simcoe Capital Management, LLC Hedge Fund•Long/Short	+$3.7M +92.8K shares	$3.7M 92.8K shares
UBS Group AG Institution	+$2.8M +71.8K shares	$9.5M 241.1K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$2.6M +66.6K shares	$6.4M 161.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
P PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	−$15.2M −385.2K shares	$33.8M 857.2K shares
B Bastion Asset Management Inc. Institution	−$5.5M −159.8K shares	$5.3M 152.9K shares
Hillsdale Investment Management Inc. Long Only Manager	−$5.2M −169.4K shares	Sold Off 0 shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$4.6M −116.3K shares	$36.6M 928.2K shares
AMERIPRISE FINANCIAL INC Institution	−$3.0M −75.9K shares	$13.0M 328.8K shares
B BlackRock, Inc. Institution	−$2.3M −58.2K shares	$61.5M 1.6M shares
SEGALL BRYANT & HAMILL Long Only Manager	−$1.9M −47.9K shares	$4.2M 107.0K shares
Q Qube Research & Technologies Ltd Institution	−$1.8M −45.5K shares	$385.0K 9.8K shares
Trexquant Investment LP Hedge Fund•Quant	−$1.6M −50.9K shares	Sold Off 0 shares
SummerHaven Investment Management, LLC Long Only Manager	−$1.4M −45.1K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited APEI in Q3 2025

New Positions: 20
New Value: $72.8M
Exited Positions: 15
Exited Value: $14.1M

New Positions

Institution	Position Value
No Street GP LP Hedge Fund•Long/Short	$32.4M 820.0K shares
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	$15.1M 382.8K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$13.6M 344.7K shares
Simcoe Capital Management, LLC Hedge Fund•Long/Short	$3.7M 92.8K shares
C CREDIT AGRICOLE S A Institution	$2.3M 59.3K shares
CANNELL CAPITAL LLC Hedge Fund•Long/Short	$1.6M 39.3K shares
B BLAIR WILLIAM & CO/IL Institution	$1.3M 34.0K shares
NAVELLIER & ASSOCIATES INC RIA/Wealth	$1.0M 26.2K shares
C CAXTON ASSOCIATES LLP Institution	$446.7K 11.3K shares
Y Yarbrough Capital, LLC Institution	$417.9K 10.6K shares

Exited Positions

Institution	Previous Position
Hillsdale Investment Management Inc. Long Only Manager	$5.2M 169.4K shares
Trexquant Investment LP Hedge Fund•Quant	$1.6M 50.9K shares
SummerHaven Investment Management, LLC Long Only Manager	$1.4M 45.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.1M 37.4K shares
U Universal- Beteiligungs- und Servicegesellschaft mbH Institution	$792.0K 26.0K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$791.5K 26.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$643.2K 21.1K shares
PRUDENTIAL FINANCIAL INC Institution	$638.2K 21.0K shares
J Jump Financial, LLC Institution	$615.9K 20.2K shares
P Petrus Trust Company, LTA Institution	$608.6K 20.0K shares

Options Activity

Institutions with the largest Call and Put options positions in APEI as of Q3 2025

Call Positions: 2
Call Value: $746.0K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$382.9K 97.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$363.1K 92.0 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with APEI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
3 325 CAPITAL LLC Hedge Fund•Value	Michael Braner Managing Partner	18.33% $60.3M	8.46% 1.5M shares	Q4 2021 Held for 3y 11m	$329.1M
4D Advisors, LLC Hedge Fund•Long/Short	Kurt F Graeber Managing Partner	5.57% $10.5M	1.47% 265.0K shares	Q1 2025 Held for 8 months	$187.8M
P PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Matthew Nicholas Dunham President	3.57% $33.8M	4.74% 857.2K shares	Q3 2022 Held for 3y 2m	$948.6M
B Bastion Asset Management Inc. Institution	-	3.05% $5.3M	0.85% 152.9K shares	Q4 2024 Held for 11 months	$173.7M
No Street GP LP Hedge Fund•Long/Short	Jeffrey Bryan Osher Founder	2.15% $32.4M	4.54% 820.0K shares	Q3 2025 Held for 2 months	$1.5B
M Manatuck Hill Partners, LLC Hedge Fund•Long/Short	Mark Allen Broach Managing Partner	1.91% $5.4M	0.76% 136.5K shares	Q2 2025 Held for 5 months	$282.7M
Pacific Ridge Capital Partners, LLC Long Only Manager	Mark Daniel Cooper President	1.48% $6.8M	0.95% 172.2K shares	Q4 2024 Held for 11 months	$460.6M
Sheets Smith Investment Management RIA/Wealth	Zolly Cornell Bowden President	1.16% $1.8M	0.25% 45.4K shares	Q2 2025 Held for 5 months	$154.2M
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	William Zolezzi Managing Partner	0.71% $15.1M	2.12% 382.8K shares	Q3 2025 Held for 2 months	$2.1B
Simcoe Capital Management, LLC Hedge Fund•Long/Short	Jeffrey Nmn Jacobowitz Managing Partner	0.53% $3.7M	0.51% 92.8K shares	Q3 2025 Held for 2 months	$689.9M

Hedge Fund Spotlight

Discover hedge funds investing in APEI

Manatuck Hill Partners, LLC

Hedge Fund • Long/Short

Portfolio ManagerMark Allen Broach

Portfolio Value: $282.7M
Positions: 99
Last Reported: Q3 2025

Sector Allocation

Position in American Public Education

Market Value: $5.4M
Shares Held: 136.5K
Portfolio Weight: 1.91%
Owned Since: 2025-Q2

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