L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 3 listed it in both
Shares listed
2,509,940
combined, among listed positions
Reported value
$95m
combined, at the quarter end

Among the 92 comparable managers: 11 buyers (opened or added shares) and 9 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -230,737.

Managers listing APEI in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

17 of 17 holders

ActionFiling
Renaissance Technologies LLC962,920$36m0.06%Added+34,70012 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC613,323$23munder 0.1%Trimmed-89,05610 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP396,903$15munder 0.1%Added+7,82213 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP225,958$8.5munder 0.1%Added+66,95917 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC137,907$5.2munder 0.1%Trimmed-23,08917 Feb 2026 (the filing on sec.gov)
Invesco Ltd44,470$1.7munder 0.1%Trimmed-217,19219 Feb 2026 (the filing on sec.gov)
Millennium Management LLC26,377$997kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP15,520$587kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP14,667$554kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Polen Capital Management LLC14,117$534kunder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC11,502$435kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc10,150$384kunder 0.1%Added+94417 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP10,100$382kunder 0.1%Added+1,60017 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP10,046$380kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)6,384$241kunder 0.1%Trimmed-1,95117 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP5,943$225kunder 0.1%Trimmed-5,37513 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP3,653$138kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
1 in Q4 2022 to 3 in Q2 2026

Tracked managers listing it, at least.

0246201420152016201720182019202020212022202320252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
APEI by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20134$10.0mn.a.n.a.
Q3 20131$6.3mn.a.n.a.
Q4 20133$12mn.a.n.a.
Q1 20142$6.5mn.a.n.a.
Q2 20141$5.7mn.a.n.a.
Q3 20141$4.5mn.a.n.a.
Q4 20142$6.6mn.a.n.a.
Q1 20151$5.0mn.a.n.a.
Q2 20151$3.0mn.a.n.a.
Q1 20161$4.7mn.a.n.a.
Q2 20161$14mn.a.n.a.
Q3 20161$12mn.a.n.a.
Q4 20161$13mn.a.n.a.
Q1 20171$12mn.a.n.a.
Q2 20171$12mn.a.n.a.
Q3 20171$8.7mn.a.n.a.
Q4 20171$11mn.a.n.a.
Q1 20184$77mn.a.n.a.
Q2 20184$97mn.a.n.a.
Q3 20182$64mn.a.n.a.
Q4 20181$15mn.a.n.a.
Q1 20191$14mn.a.n.a.
Q2 20191$11mn.a.n.a.
Q3 20191$8.2mn.a.n.a.
Q4 20191$9.3mn.a.n.a.
Q1 20201$8.1mn.a.n.a.
Q2 20202$13mn.a.n.a.
Q3 20202$46mn.a.n.a.
Q4 20202$47mn.a.n.a.
Q1 20212$52mn.a.n.a.
Q2 20212$5.7mn.a.n.a.
Q3 20211$205kn.a.n.a.
Q4 20211$1.1mn.a.n.a.
Q1 20221$2.1mn.a.n.a.
Q2 20221$2.7mn.a.n.a.
Q3 20221$1.5mn.a.n.a.
Q4 20221$2.4mn.a.n.a.
Q1 20232$1.1mn.a.n.a.
Q1 20251$6.6m10
Q2 20251$20m10
Q3 20253$65m21
Q4 20253$60m119
Q1 20265$88m188
Q2 20263$79m1019

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

APEI and AMZN →APEI and TSLA →APEI and HD →Choose a stock to compare with APEI →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own APEI, latest filings →Back to the 13F Explorer →