미국 공교육, Inc.
MX ˙ BMV ˙ US02913V1035
SecurityMX:APEI / American Public Education, Inc.
InstitutionMorgan Stanley
Latest Disclosed Ownership113,869 shares
Latest Disclosed Value $ 6,476,914
Morgan Stanley reports 71.96% decrease in ownership of APEI / American Public Education, Inc.

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 113,869 shares of American Public Education, Inc. (MX:APEI) valued at $6,476,914 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 406,025 shares of American Public Education, Inc.. This represents a change in shares of -71.96% 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-05-15 2026-03-31 13F AMERICAN PUB ED COM 02913V103 113,869 -292,156 -71.96 6,477 -57.80 0.0004
2026-05-27 2025-12-31 13F/A-1 AMERICAN PUB ED COM 02913V103 406,025 -87,703 -17.76 15,348 -21.24 0.0009
2026-02-13 2025-12-31 13F AMERICAN PUB ED COM 02913V103 406,025 -87,703 15,348 0.0009
2026-05-27 2025-09-30 13F/A-1 AMERICAN PUB ED COM 02913V103 493,728 173,844 54.35 19,487 100.01 0.0012
2025-11-14 2025-09-30 13F AMERICAN PUB ED COM 02913V103 493,728 173,844 19,487 0.0012
2025-08-15 2025-06-30 13F AMERICAN PUB ED COM 02913V103 319,884 248,761 349.76 9,744 513.93 0.0006
2025-05-15 2025-03-31 13F AMERICAN PUB ED COM 02913V103 71,123 599 0.85 1,587 4.34 0.0001
2025-05-15 2024-12-31 13F/A-1 AMERICAN PUB ED COM 02913V103 70,524 -17,200 -19.61 1,521 17.63 0.0001
2025-02-14 2024-12-31 13F AMERICAN PUB ED COM 02913V103 70,524 -17,200 1,521 0.0001
2025-05-14 2024-09-30 13F/A-2 AMERICAN PUB ED COM 02913V103 87,724 -219,594 -71.45 1,294 -76.06 0.0001
2025-02-14 2024-09-30 13F/A-1 AMERICAN PUB ED COM 02913V103 87,724 -219,594 1,294 0.0001
2024-11-14 2024-09-30 13F AMERICAN PUB ED COM 02913V103 87,724 -219,594 1,294 0.0001
2025-05-14 2024-06-30 13F/A-2 AMERICAN PUB ED COM 02913V103 307,318 -15,676 -4.85 5,403 17.79 0.0004
2024-10-17 2024-06-30 13F/A-1 AMERICAN PUB ED COM 02913V103 307,318 -15,676 5,403 0.0004
2024-08-14 2024-06-30 13F AMERICAN PUB ED COM 02913V103 307,318 -15,676 5,403 0.0004
2024-10-17 2024-03-31 13F/A-2 AMERICAN PUB ED COM 02913V103 322,994 275,526 580.45 4,587 901.31 0.0004
2024-08-16 2024-03-31 13F/A-1 AMERICAN PUB ED COM 02913V103 322,994 275,526 4,587 0.0000
2024-05-15 2024-03-31 13F AMERICAN PUB ED COM 02913V103 322,994 275,526 4,587 0.0004
2024-08-16 2023-12-31 13F/A-1 AMERICAN PUB ED COM 02913V103 47,468 12,371 35.25 458 163.22 0.0000
2024-02-13 2023-12-31 13F AMERICAN PUB ED COM 02913V103 47,468 12,371 458 0.0000
2023-11-15 2023-09-30 13F AMERICAN PUB ED COM 02913V103 35,097 -28,807 -45.08 175 -42.38 0.0000
2023-08-14 2023-06-30 13F AMERICAN PUB ED COM 02913V103 63,904 -70,896 -52.59 303 -58.63 0.0000
2023-05-15 2023-03-31 13F AMERICAN PUB ED COM 02913V103 134,800 704 0.52 731 -55.70 0.0001
2023-02-14 2022-12-31 13F AMERICAN PUB ED COM 02913V103 134,096 51,141 61.65 1,648 117.13 0.0002
2022-11-14 2022-09-30 13F AMERICAN PUB ED COM 02913V103 82,955 -30,389 -26.81 759 -58.55 0.0001
2022-10-27 2022-06-30 13F/A-1 AMERICAN PUB ED COM 02913V103 113,344 36,020 46.58 1,831 11.51 0.0002
2022-08-15 2022-06-30 13F AMERICAN PUB ED COM 02913V103 113,344 36,020 1,831 0.0000
2022-10-27 2022-03-31 13F/A-1 AMERICAN PUB ED COM 02913V103 77,324 -3,644 -4.50 1,642 -8.83 0.0002
2022-05-13 2022-03-31 13F AMERICAN PUB ED COM 02913V103 77,324 -3,644 1,642 0.0002
2022-02-14 2021-12-31 13F AMERICAN PUB ED COM 02913V103 80,968 9,430 13.18 1,801 -1.75 0.0002
2021-11-15 2021-09-30 13F AMERICAN PUB ED COM 02913V103 71,538 -1,933 -2.63 1,833 -11.96 0.0002
2021-08-23 2021-06-30 13F/A-1 AMERICAN PUB ED COM 02913V103 73,471 27,021 58.17 2,082 25.72 0.0003
2021-08-16 2021-06-30 13F AMERICAN PUB ED COM 02913V103 73,471 27,021 2,082 0.0001
2021-05-17 2021-03-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 46,450 -4,355 -8.57 1,656 6.98 0.0002
2021-02-16 2020-12-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 50,805 14,163 38.65 1,548 49.85 0.0002
2020-11-13 2020-09-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 36,642 -2,613 -6.66 1,033 -11.10 0.0002
2020-08-14 2020-06-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 39,255 -332 -0.84 1,162 22.70 0.0003
2020-05-26 2020-03-31 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 39,587 -35,868 -47.54 947 -54.16 0.0003
2020-05-15 2020-03-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 39,587 -35,868 947 72.7493
2020-02-14 2019-12-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 75,455 -5,474 -6.76 2,066 14.27 0.0005
2019-11-14 2019-09-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 80,929 7,409 10.08 1,808 -16.87 0.0005
2019-08-14 2019-06-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 73,520 3,515 5.02 2,175 3.13 0.0006
2019-05-15 2019-03-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 70,005 42,304 152.72 2,109 167.30 0.0006
2019-02-14 2018-12-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 27,701 -9,265 -25.06 789 -35.38 0.0002
2019-04-23 2018-09-30 13F/A-2 AMERICAN PUBLIC EDUCATION IN COM 02913V103 36,966 -5,417 -12.78 1,221 -31.60 0.0003
2018-11-20 2018-09-30 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 36,966 0 1,221 0.0003
2018-11-14 2018-09-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 36,966 -5,417 1,221
2019-04-23 2018-06-30 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 42,383 -94,224 -68.97 1,785 -69.61 0.0005
2018-08-14 2018-06-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 42,383 -94,224 1,785
2019-04-23 2018-03-31 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 136,607 78,520 135.18 5,874 303.43 0.0016
2018-05-14 2018-03-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 136,607 78,520 5,874
2019-04-23 2017-12-31 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 58,087 9,023 18.39 1,456 41.09 0.0004
2018-02-14 2017-12-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 58,087 9,023 1,456
2017-11-14 2017-09-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 49,064 5,379 12.31 1,032 -0.10 0.0003
2017-08-11 2017-06-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 43,685 -29,872 -40.61 1,033 -38.66 0.0003
2017-05-22 2017-03-31 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 73,557 -29,619 -28.71 1,684 -33.52 0.0005
2017-05-12 2017-03-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 73,557 1,684
2017-02-22 2016-12-31 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 103,176 25,630 33.05 2,533 64.91 0.0008
2017-02-13 2016-12-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 103,176 2,533
2016-11-10 2016-09-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 77,546 -22,759 -22.69 1,536 -45.51 0.0005
2016-08-12 2016-06-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 100,305 54,962 121.21 2,819 201.50 0.0010
2016-05-12 2016-03-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 45,343 -42,157 -48.18 935 -42.57 0.0004
2016-02-09 2015-12-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 87,500 53,286 155.74 1,628 102.74 0.0006
2016-02-08 2015-09-30 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 34,214 -147,005 -81.12 803 -82.77 0.0003
2015-11-09 2015-09-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 34,214 803
2015-08-12 2015-06-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 181,219 -15,431 -7.85 4,660 -20.96 0.0016
2015-05-14 2015-03-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 196,650 -985 -0.50 5,896 -19.09 0.0022
2015-02-13 2014-12-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 197,635 68,290 52.80 7,287 108.74 0.0027
2014-12-16 2014-09-30 13F/A-1 AMERICAN PUBLIC EDUCATION IN COM 02913V103 129,345 -1,717 -1.31 3,491 -22.53 0.0013
2014-11-14 2014-09-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 129,345 3,491
2014-08-12 2014-06-30 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 131,062 56,259 75.21 4,506 71.72 0.0077
2014-05-13 2014-03-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 74,803 -69,432 -48.14 2,624 -58.15 0.0011
2014-02-13 2013-12-31 13F AMERICAN PUBLIC EDUCATION IN COM 02913V103 144,235 -20,844 -12.63 6,270 0.46 0.0027
2013-11-13 2013-09-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 165,079 11,255 7.32 6,241 9.17 0.0030
2013-08-08 2013-06-30 13F AMERICAN PUBLIC EDUCATION COM 02913V103 153,824 153,824 5,717 0.0029
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.