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 ($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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 20 |
| Q4 2022 | 22 |
| Q1 2023 | 23 |
| Q2 2023 | 28 |
| Q3 2023 | 27 |
| Q4 2023 | 32 |
| Q1 2024 | 31 |
| Q2 2024 | 30 |
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 |
| Q3 2023 | 10 | 9 |
| Q4 2023 | 13 | 4 |
| Q1 2024 | 10 | 11 |
| Q2 2024 | 9 | 10 |
Biggest buyers
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +2.9k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +2.5k |
| UBS Group AG | Added | +433 |
| ROBOTTI ROBERT | Added | +360 |
| LANARK FINANCIAL, INC. | Added | +275 |
| Acuitas Investments, LLC | Added | +189 |
| Tower Research Capital LLC (TRC) | Added | +117 |
| BlackRock Inc. | Added | +65 |
| INNEALTA CAPITAL, LLC | New | +2 |
Biggest sellers
| Cerity Partners LLC | Reduced | -157.5k |
| GATE CITY CAPITAL MANAGEMENT, LLC | Reduced | -122.6k |
| Empowered Funds, LLC | Reduced | -34.9k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -1.0k |
| NORTHERN TRUST CORP | Reduced | -792 |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -789 |
| MORGAN STANLEY | Reduced | -83 |
| BANK OF AMERICA CORP /DE/ | Reduced | -72 |
| RHUMBLINE ADVISERS | Sold out | -66 |
| WELLS FARGO & COMPANY/MN | Sold out | -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.
| Holder | Stake |
|---|---|
| DAHL JAMES H 13D · may seek influence +1.0 pts · filed 2026-06-24 | 18.8% |
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $56.1k | 0 | — | — |
| Q4 2022 | 1 | $28.2k | 0 | — | — |
| Q1 2023 | 1 | $12.3k | 0 | — | — |
| Q2 2023 | 1 | $15.0k | 0 | — | — |
| Q3 2023 | 1 | $57.6k | 0 | — | — |
| Q4 2023 | 1 | $648.4k | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 1 | $111.2k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-18 | DAHL JAMES H +1 10% owner | Bought | $188.8k10.0k shares |
| 2024-05-15 | DAHL JAMES H +1 10% owner | Bought | $92.2k4.4k shares |
| 2024-05-10 | DAHL JAMES H +1 10% owner | Bought | $67.1k3.2k shares |
| 2024-05-07 | DAHL JAMES H +1 10% owner | Bought | $95.2k4.6k shares |
| 2024-05-03 | DAHL JAMES H +1 10% owner | Bought | $209.5k10.0k shares |
| 2024-04-29 | DAHL JAMES H +1 10% owner | Bought | $105.2k5.0k shares |
| 2024-04-29 | Uleau Adrienne VP, Finance and Accounting | Sold | $35.3k1.7k shares |
| 2024-04-25 | Uleau Adrienne VP, Finance and Accounting | Sold | $37.1k1.8k shares |
| 2024-04-23 | Uleau Adrienne VP, Finance and Accounting | Sold | $38.7k1.8k shares |
| 2024-04-18 | DAHL JAMES H +1 10% owner | Bought | $52.4k2.4k shares |
| 2024-04-16 | DAHL JAMES H +1 10% owner | Bought | $3.0k142 shares |
| 2024-04-11 | DAHL JAMES H +1 10% owner | Bought | $39.6k1.8k shares |
| 2024-04-03 | DAHL JAMES H +1 10% owner | Bought | $66.6k3.0k shares |
| 2024-04-01 | DAHL JAMES H +1 10% owner | Bought | $117.5k5.0k 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 2024
| Manager | Shares | Change |
|---|---|---|
| ROBOTTI ROBERT 1.61% of their portfolio | 545.0k $10.3m | Added +360 |
| GATE CITY CAPITAL MANAGEMENT, LLC 3.40% of their portfolio | 245.6k $4.6m | Reduced -122.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 174.6k $3.3m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 170.6k $3.2m | Reduced -1.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 156.6k $3.0m | Added +2.9k |
| JB CAPITAL PARTNERS LP 0.59% of their portfolio | 141.4k $2.7m | Unchanged |
| Cresset Asset Management, LLC 0.01% of their portfolio | 129.2k $2.4m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 123.5k $2.3m | Added +2.5k |
| Cerity Partners LLC 0.01% of their portfolio | 113.5k $2.1m | Reduced -157.5k |
| Oppenheimer & Close, LLC 1.18% of their portfolio | 71.0k $1.3m | Unchanged |
| CALDWELL SUTTER CAPITAL, INC. 0.50% of their portfolio | 53.9k $1.0m | Unchanged |
| Empowered Funds, LLC 0.01% of their portfolio | 40.7k $768.7k | Reduced -34.9k |
| Acuitas Investments, LLC 0.35% of their portfolio | 35.0k $661.5k | Added +189 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 29.2k $553.0k | Reduced -789 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 15.1k $285.6k | Reduced -792 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 13.0k $246.0k | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 12.2k $230.4k | Added +65 |
| Marquette Asset Management, LLC 0.02% of their portfolio | 6.5k $122.6k | Unchanged |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 1.1k $21.0k | Added +275 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.0k $19.3k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 703 $13.3k | Added +433 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 277 $5.2k | Added +117 |
| FMR LLC 0.00% of their portfolio | 220 $4.2k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 115 $2.2k | Reduced -83 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 33 $625 | Reduced -72 |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 25 $473 | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 14 $264 | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 2 $38 | Unchanged |
| INNEALTA CAPITAL, LLC 0.00% of their portfolio | 2 $38 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |