American Public Education, Inc.
MX ˙ BMV ˙ US02913V1035
SecurityMX:APEI / American Public Education, Inc.
InstitutionStrs Ohio
Latest Disclosed Ownership12,300 shares
Latest Disclosed Value $ 699,624
Strs Ohio reports 27.65% decrease in ownership of APEI / American Public Education, Inc.

On April 24, 2026 - Strs Ohio filed a 13F-HR form disclosing ownership of 12,300 shares of American Public Education, Inc. (MX:APEI) valued at $699,624 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 2, 2026 disclosing 17,000 shares of American Public Education, Inc.. This represents a change in shares of -27.65% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-24 2026-03-31 13F AMERICAN PUBLIC EDUCATION COM_STK 02913V103 12,300 -4,700 -27.65 700 8.88 0.0028
2026-02-02 2025-12-31 13F AMERICAN PUBLIC EDUCATION COM_STK 02913V103 17,000 -600 -3.41 643 -7.49 0.0024
2025-10-30 2025-09-30 13F AMERICAN PUBLIC EDUCATION COM_STK 02913V103 17,600 2,600 17.33 695 52.19 0.0025
2025-08-04 2025-06-30 13F AMERICAN PUBLIC EDUCATION COM_STK 02913V103 15,000 15,000 457 0.0017
2025-05-28 2025-03-31 13F AMERICAN PUBLIC EDUCATION COM_STK 02913V103 0 -3,300 -100.00 0 -100.00
2025-05-28 2024-12-31 13F AMERICAN PUBLIC EDUCATION COM_STK 02913V103 3,300 -3,700 -52.86 71 -31.07 0.0003
2024-11-01 2024-09-30 13F AMERICAN PUBLIC EDUCATION COM_STK 02913V103 7,000 3,100 79.49 103 51.47 0.0004
2024-08-05 2024-06-30 13F AMERICAN PUBLIC EDUCATION COM_STK 02913V103 3,900 3,900 69 0.0003
2023-07-31 2023-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 0 -5,300 -100.00 0 0.0000
2023-08-02 2023-03-31 13F/A-2 AMERICAN PUBLIC EDUCATION COM 02913V103 5,300 0 0.00 0 0.0001
2023-08-02 2023-03-31 13F/A-1 AMERICAN PUBLIC EDUCATION COM 02913V103 5,300 0 0 0.0001
2023-04-27 2023-03-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 5,300 0 0 0.0001
2023-01-26 2022-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 5,300 5,300 0 0.0003
2022-01-24 2021-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 0 -8,400 -100.00 0 -100.00
2021-10-22 2021-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 8,400 -8,300 -49.70 215 -54.55 0.0008
2021-07-26 2021-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 16,700 -5,500 -24.77 473 -40.13 0.0017
2021-04-23 2021-03-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 22,200 0 0.00 790 16.86 0.0030
2021-01-25 2020-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 22,200 1,500 7.25 676 15.95 0.0026
2020-12-14 2020-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 20,700 2,000 10.70 583 5.42 0.0024
2020-07-23 2020-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 18,700 0 0.00 553 23.71 0.0024
2020-04-23 2020-03-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 18,700 -5,100 -21.43 447 -31.34 0.0024
2020-01-24 2019-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 23,800 -2,300 -8.81 651 11.66 0.0027
2019-10-21 2019-09-30 13F/A-1 AMERICAN PUBLIC EDUCATION COM 02913V103 26,100 3,400 14.98 583 -13.11 0.0026
2019-10-21 2019-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 26,100 2,300 583 2,580.3903
2019-07-25 2019-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 22,700 1,600 7.58 671 5.67 0.0030
2019-04-19 2019-03-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 21,100 -600 -2.76 635 2.92 0.0029
2019-01-23 2018-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 21,700 -1,600 -6.87 617 -19.87 0.0031
2018-10-19 2018-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 23,300 3,600 18.27 770 -7.12 0.0034
2018-08-06 2018-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 19,700 600 3.14 829 0.97 0.0036
2018-04-20 2018-03-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 19,100 -8,900 -31.79 821 17.12 0.0036
2018-01-23 2017-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 28,000 -1,200 -4.11 701 14.17 0.0030
2017-10-23 2017-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 29,200 0 0.00 614 -11.01 0.0026
2017-07-26 2017-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 29,200 1,000 3.55 690 6.98 0.0031
2017-04-26 2017-03-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 28,200 0 0.00 645 -6.79 0.0028
2017-01-24 2016-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 28,200 -1,161 -3.95 692 19.10 0.0030
2016-10-27 2016-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 29,361 4,361 17.44 581 -17.24 0.0026
2016-07-26 2016-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 25,000 13,500 117.39 702 196.20 0.0031
2016-04-25 2016-03-31 13F/A-1 AMERICAN PUBLIC EDUCATION COM 02913V103 11,500 8,900 342.31 237 393.75 0.0011
2016-01-28 2015-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 2,600 -4,600 -63.89 48 -71.43 0.0002
2015-10-21 2015-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 7,200 7,200 0.00 168 0.0008
2015-01-23 2014-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 0 -17,742 -100.00 0 -100.00
2014-10-29 2014-09-30 13F/A-1 AMERICAN PUBLIC EDUCATION COM 02913V103 17,742 -5,858 -24.82 479 -40.94 0.0021
2014-10-20 2014-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 17,742 479
2014-07-24 2014-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 23,600 300 1.29 811 -0.73 0.0036
2014-04-28 2014-03-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 23,300 2,400 11.48 817 -10.12 0.0037
2014-01-30 2013-12-31 13F AMERICAN PUBLIC EDUCATION COM 02913V103 20,900 -5,100 -19.62 909 -7.53 0.0041
2013-10-24 2013-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 26,000 300 1.17 983 2.93 0.0043
2013-08-12 2013-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 25,700 25,700 955 0.0041
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.