AMREP CORP AXR
COM · Common Stock · CUSIP 032159105
Company in Princeton, United States
- SectorReal estate
- IndustryLand Subdividers & Developers (No Cemeteries)
- HeadquartersHavertown, PA
- Founded1961
- Websiteamrepcorp.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.94.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 20 |
| Q4 2022 | 22 |
| Q1 2023 | 23 |
| Q2 2023 | 28 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 6 | 7 |
| Q1 2023 | 9 | 5 |
| Q2 2023 | 13 | 10 |
Biggest buyers
| Cresset Asset Management, LLC | New | +129.2k |
| Acuitas Investments, LLC | New | +30.9k |
| Empowered Funds, LLC | New | +29.4k |
| NORTHERN TRUST CORP | New | +11.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +6.8k |
| ROYAL BANK OF CANADA | Added | +2.7k |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.4k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +992 |
| BlackRock Inc. | Added | +317 |
| UBS Group AG | Added | +273 |
Biggest sellers
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -7.0k |
| Marquette Asset Management, LLC | Reduced | -6.0k |
| WELLS FARGO & COMPANY/MN | Reduced | -3.7k |
| Cohanzick Management, LLC | Sold out | -1.1k |
| JPMORGAN CHASE & CO | Sold out | -792 |
| Tower Research Capital LLC (TRC) | Reduced | -427 |
| Cerity Partners LLC | Reduced | -250 |
| ROBOTTI ROBERT | Reduced | -250 |
| FMR LLC | Reduced | -200 |
| MORGAN STANLEY | Sold out | -100 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DAHL JAMES H 13D · may seek influence +1.0 pts · filed 2026-06-24 | 18.8% |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $28.5k | 0 | — | — |
| Q1 2022 | 1 | $23.2k | 0 | — | — |
| Q2 2022 | 1 | $49.9k | 0 | — | — |
| Q3 2022 | 1 | $56.1k | 0 | — | — |
| Q4 2022 | 1 | $28.2k | 0 | — | — |
| Q1 2023 | 1 | $12.3k | 0 | — | — |
| Q2 2023 | 1 | $15.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-04-21 | CLOUES EDWARD B II Director | Bought | $15.0k1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| ROBOTTI ROBERT 1.47% of their portfolio | 509.0k $9.1m | Reduced -250 |
| VANGUARD GROUP INC 0.00% of their portfolio | 174.6k $3.1m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 162.4k $2.9m | Added +1.4k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 145.3k $2.6m | Added +992 |
| JB CAPITAL PARTNERS LP 0.55% of their portfolio | 141.4k $2.5m | Unchanged |
| Cresset Asset Management, LLC 0.02% of their portfolio | 129.2k $2.3m | New |
| Cerity Partners LLC 0.01% of their portfolio | 118.0k $2.1m | Reduced -250 |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 112.8k $2.0m | Reduced -7.0k |
| Oppenheimer & Close, LLC 1.32% of their portfolio | 71.0k $1.3m | Unchanged |
| CALDWELL SUTTER CAPITAL, INC. 0.52% of their portfolio | 54.9k $984.2k | Unchanged |
| Acuitas Investments, LLC 0.32% of their portfolio | 30.9k $554.4k | New |
| Empowered Funds, LLC 0.02% of their portfolio | 29.4k $526.8k | New |
| EA Series Trust 0.02% of their portfolio | 29.4k $526.8k | First filing |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 26.9k $481.6k | Added +6.8k |
| BlackRock Inc. 0.00% of their portfolio | 13.6k $243.5k | Added +317 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 11.7k $210.0k | Added +2.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 11.0k $197.9k | New |
| Marquette Asset Management, LLC 0.03% of their portfolio | 6.5k $116.3k | Reduced -6.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 3.8k $68.6k | Reduced -3.7k |
| UBS Group AG 0.00% of their portfolio | 543 $9.7k | Added +273 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 283 $5.1k | Reduced -427 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 240 $4.3k | Unchanged |
| FMR LLC 0.00% of their portfolio | 200 $3.6k | Reduced -200 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 90 $1.6k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 66 $1.2k | New |
| Venturi Wealth Management, LLC 0.00% of their portfolio | 66 $1.2k | New |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 25 $449 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |