Vault-13

AMREP CORP AXR

COM · Common Stock · CUSIP 032159105

Company in Princeton, United States

30 institutional holders -1 vs Q1 2024
2,039,3642.0m shares reported held*
$38.6mreported value*
1 new 8 added 8 reduced 2 sold out net sold ≈ $5.9m (-311.0k shares)

* 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 ($768.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.91.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 20Q4 22: 22Q1 23: 23Q2 23: 28Q3 23: 27Q4 23: 32Q1 24: 31Q2 24: 3030Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202220
Q4 202222
Q1 202323
Q2 202328
Q3 202327
Q4 202332
Q1 202431
Q2 202430

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 6 bought or addedQ4 22: 7 cut or sold outQ4 22Q1 23: 9 bought or addedQ1 23: 5 cut or sold outQ2 23: 13 bought or addedQ2 23: 10 cut or sold outQ2 23Q3 23: 10 bought or addedQ3 23: 9 cut or sold outQ4 23: 13 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 10 bought or addedQ1 24: 11 cut or sold outQ2 24: 9 bought or addedQ2 24: 10 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202267
Q1 202395
Q2 20231310
Q3 2023109
Q4 2023134
Q1 20241011
Q2 2024910

Biggest buyers

BRIDGEWAY CAPITAL MANAGEMENT, LLC Added +2,880+2.9k
RENAISSANCE TECHNOLOGIES LLC Added +2,514+2.5k
UBS Group AG Added +433+433
ROBOTTI ROBERT Added +360+360
LANARK FINANCIAL, INC. Added +275+275
Acuitas Investments, LLC Added +189+189
Tower Research Capital LLC (TRC) Added +117+117
BlackRock Inc. Added +65+65
INNEALTA CAPITAL, LLC New +2+2

Biggest sellers

Cerity Partners LLC Reduced -157,485-157.5k
GATE CITY CAPITAL MANAGEMENT, LLC Reduced -122,612-122.6k
Empowered Funds, LLC Reduced -34,892-34.9k
DIMENSIONAL FUND ADVISORS LP Reduced -1,039-1.0k
NORTHERN TRUST CORP Reduced -792-792
GEODE CAPITAL MANAGEMENT, LLC Reduced -789-789
MORGAN STANLEY Reduced -83-83
BANK OF AMERICA CORP /DE/ Reduced -72-72
RHUMBLINE ADVISERS Sold out -66-66
WELLS FARGO & COMPANY/MN Sold out -25-25

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.

HolderStakeChangeShares Last filed
DAHL JAMES H 13D · may seek influence +1.0 pts · filed 2026-06-24 18.8% +1.0 pts 998.7k≈ $25.2m 2026-06-24

Insider purchases and sales in Q2 2024

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)

BuyingSelling
101Q3 22: 1 buyingQ3 22: 0 sellingQ4 22: 1 buyingQ4 22: 0 sellingQ4 22Q1 23: 1 buyingQ1 23: 0 sellingQ2 23: 1 buyingQ2 23: 0 sellingQ2 23Q3 23: 1 buyingQ3 23: 0 sellingQ4 23: 1 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 1 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20221$56.1k0——
Q4 20221$28.2k0——
Q1 20231$12.3k0——
Q2 20231$15.0k0——
Q3 20231$57.6k0——
Q4 20231$648.4k0——
Q1 20240—0——
Q2 20240—1$111.2k—
DateInsiderTradeSharesPrice ValueTheir holding
2024-06-18 DAHL JAMES H +1 10% owner Bought 10,000 $18.88 $188.8k10.0k shares +3%
2024-05-15 DAHL JAMES H +1 10% owner Bought 4,400 $20.95 $92.2k4.4k shares +1%
2024-05-10 DAHL JAMES H +1 10% owner Bought 3,200 $20.97 $67.1k3.2k shares +1%
2024-05-07 DAHL JAMES H +1 10% owner Bought 4,621 $20.60 $95.2k4.6k shares +1%
2024-05-03 DAHL JAMES H +1 10% owner Bought 10,000 $20.95 $209.5k10.0k shares +3%
2024-04-29 DAHL JAMES H +1 10% owner Bought 5,000 $21.04 $105.2k5.0k shares +1%
2024-04-29 Uleau Adrienne VP, Finance and Accounting Sold 1,700 $20.79 $35.3k1.7k shares -28%
2024-04-25 Uleau Adrienne VP, Finance and Accounting Sold 1,833 $20.26 $37.1k1.8k shares -23%
2024-04-23 Uleau Adrienne VP, Finance and Accounting Sold 1,833 $21.12 $38.7k1.8k shares -19%
2024-04-18 DAHL JAMES H +1 10% owner Bought 2,400 $21.82 $52.4k2.4k shares +1%
2024-04-16 DAHL JAMES H +1 10% owner Bought 142 $20.98 $3.0k142 shares +<1%
2024-04-11 DAHL JAMES H +1 10% owner Bought 1,800 $21.99 $39.6k1.8k shares +0%
2024-04-03 DAHL JAMES H +1 10% owner Bought 3,000 $22.20 $66.6k3.0k shares +1%
2024-04-01 DAHL JAMES H +1 10% owner Bought 5,000 $23.50 $117.5k5.0k shares +1%

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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROBOTTI ROBERT 1.61% of their portfolio NEW YORK, NY 545,004545.0k $10.3m $10.3m 1.61% Added +360 +360
2 GATE CITY CAPITAL MANAGEMENT, LLC 3.40% of their portfolio CHICAGO, IL 245,568245.6k $4.6m $4.6m 3.40% Reduced -122.6k -122,612
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 174,637174.6k $3.3m $3.3m 0.00% Unchanged
4 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 170,594170.6k $3.2m $3.2m 0.00% Reduced -1.0k -1,039
5 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio HOUSTON, TX 156,552156.6k $3.0m $3.0m 0.07% Added +2.9k +2,880
6 JB CAPITAL PARTNERS LP 0.59% of their portfolio Armonk, NY 141,360141.4k $2.7m $2.7m 0.59% Unchanged
7 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 129,230129.2k $2.4m $2.4m 0.01% Unchanged
8 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 123,514123.5k $2.3m $2.3m 0.00% Added +2.5k +2,514
9 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 113,532113.5k $2.1m $2.1m 0.01% Reduced -157.5k -157,485
10 Oppenheimer & Close, LLC 1.18% of their portfolio NEW YORK, NY 70,95071.0k $1.3m $1.3m 1.18% Unchanged
11 CALDWELL SUTTER CAPITAL, INC. 0.50% of their portfolio SAUSALITO, CA 53,87253.9k $1.0m $1.0m 0.50% Unchanged
12 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 40,65240.7k $768.7k $768.7k 0.01% Reduced -34.9k -34,892
13 Acuitas Investments, LLC 0.35% of their portfolio Seattle, WA 34,98035.0k $661.5k $661.5k 0.35% Added +189 +189
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 29,23629.2k $553.0k $553.0k 0.00% Reduced -789 -789
15 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 15,10215.1k $285.6k $285.6k 0.00% Reduced -792 -792
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 13,00013.0k $246.0k $246.0k 0.00% Unchanged
17 BlackRock Inc. 0.00% of their portfolio New York, NY 12,18612.2k $230.4k $230.4k 0.00% Added +65 +65
18 Marquette Asset Management, LLC 0.02% of their portfolio MINNEAPOLIS, MN 6,4846.5k $122.6k $122.6k 0.02% Unchanged
19 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,1501.1k $21.0k $21.0k 0.00% Added +275 +275
20 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0221.0k $19.3k $19.3k 0.00% Unchanged
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 703703 $13.3k $13.3k 0.00% Added +433 +433
22 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 277277 $5.2k $5.2k 0.00% Added +117 +117
23 FMR LLC 0.00% of their portfolio BOSTON, MA 220220 $4.2k $4.2k 0.00% Unchanged
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 115115 $2.2k $2.2k 0.00% Reduced -83 -83
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3333 $625 $625 0.00% Reduced -72 -72
26 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 2525 $473 $473 0.00% Unchanged
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1414 $264 $264 0.00% Unchanged
28 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 22 $38 $38 0.00% Unchanged
29 INNEALTA CAPITAL, LLC 0.00% of their portfolio AUSTIN, TX 22 $38 $38 0.00% New
30 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged