PERDOCEO ED CORP PRDO
COM · Common Stock · CUSIP 71363P106
American for-profit postsecondary higher education provider
- IndustryServices-Educational Services
- HeadquartersSchaumburg, IL
- Founded1994
- Websitecareered.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 ($10.5m this quarter). Holder counts are more reliable. Shares outstanding: 65.7m as of 2024-07-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $21.42. Options: 5 managers hold calls ($524.7k notional), 4 hold puts ($1.4m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 195 |
| Q4 2022 | 208 |
| Q1 2023 | 218 |
| Q2 2023 | 221 |
| Q3 2023 | 223 |
| Q4 2023 | 237 |
| Q1 2024 | 229 |
| Q2 2024 | 242 |
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 | 91 | 88 |
| Q1 2023 | 100 | 95 |
| Q2 2023 | 92 | 102 |
| Q3 2023 | 85 | 117 |
| Q4 2023 | 104 | 115 |
| Q1 2024 | 94 | 133 |
| Q2 2024 | 103 | 121 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.4m | $27.4k | 0.02 |
| Q4 2023 | $2.0m | $477.5k | 0.24 |
| Q1 2024 | $1.3m | $1.2m | 0.87 |
| Q2 2024 | $524.7k | $1.4m | 2.71 |
Biggest buyers
| Pacer Advisors, Inc. | Added | +518.0k |
| FIRST TRUST ADVISORS LP | Added | +289.2k |
| Qube Research & Technologies Ltd | Added | +282.2k |
| SEGALL BRYANT & HAMILL, LLC | New | +231.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +223.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +198.7k |
| TUDOR INVESTMENT CORP ET AL | Added | +182.6k |
| Assenagon Asset Management S.A. | New | +169.7k |
| Boston Partners | Added | +151.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +144.7k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.8m |
| VANGUARD GROUP INC | Reduced | -664.9k |
| JPMORGAN CHASE & CO | Reduced | -619.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -463.2k |
| Empowered Funds, LLC | Reduced | -433.1k |
| BlackRock Inc. | Reduced | -430.8k |
| Hillsdale Investment Management Inc. | Sold out | -280.3k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -221.1k |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Reduced | -166.6k |
| Robeco Institutional Asset Management B.V. | Reduced | -165.3k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $242.0k11.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $233.5k10.9k shares |
| GROUP ONE TRADING LLC | Reduced | $32.1k1.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $17.0k800 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $809.7k37.8k shares |
| CITADEL ADVISORS LLC | Added | $599.8k28.0k shares |
| SIMPLEX TRADING, LLC | Added | $14.0k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-18 | 13.7% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2025-07-15 | 6.3% |
| RENAISSANCE TECHNOLOGIES LLC 13G · institution filed 2026-02-12 | 5.7% |
| FIRST TRUST PORTFOLIOS LP 13G · institution +0.5 pts · filed 2026-01-30 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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 | 0 | — | 1 | $50.4k | — |
| Q4 2022 | 0 | — | 2 | $2.2m | — |
| Q1 2023 | 0 | — | 5 | $2.0m | — |
| Q2 2023 | 0 | — | 2 | $412.0k | — |
| Q3 2023 | 0 | — | 5 | $4.6m | $4.4m |
| Q4 2023 | 0 | — | 2 | $1.0m | $490.8k |
| Q1 2024 | 0 | — | 1 | $4.0m | $4.0m |
| Q2 2024 | 0 | — | 1 | $216.8k | $216.8k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-04-26 | Ghia Ashish R CFO | Sold plan | $216.8k11.4k 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 |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 10.3m $219.6m | Reduced -430.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.2m $112.1m | Reduced -664.9k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 5.1m $108.6m | Added +28.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.16% of their portfolio | 4.5m $96.5m | Added +107.9k |
| Pacer Advisors, Inc. 0.13% of their portfolio | 2.7m $56.8m | Added +518.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.5m $53.7m | Reduced -48.0k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 2.4m $52.5m | Added +289.2k |
| LSV ASSET MANAGEMENT 0.09% of their portfolio | 2.0m $43.1m | Added +75.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.8m $37.9m | Added +144.7k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.35% of their portfolio | 1.6m $35.0m | Reduced -18.7k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.4m $29.7m | Added +101.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $24.2m | Reduced -619.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 1.1m $23.6m | Reduced -34.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 972.3k $20.8m | Added +9.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.08% of their portfolio | 904.8k $19.4m | Reduced -548 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 902.7k $19.3m | Reduced -87.5k |
| Boston Partners 0.02% of their portfolio | 902.0k $19.4m | Added +151.0k |
| MORGAN STANLEY 0.00% of their portfolio | 870.7k $18.6m | Reduced -1.8m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 766.4k $16.4m | Reduced -3.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.35% of their portfolio | 693.6k $14.9m | Added +24.5k |
| LONE PEAK GLOBAL INVESTORS LLC 3.06% of their portfolio | 656.1k $14.1m | Reduced -19.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 591.6k $12.7m | Added +96.8k |
| PRIVATE MANAGEMENT GROUP INC 0.48% of their portfolio | 578.6k $12.4m | Reduced -66.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 544.4k $11.7m | Reduced -463.2k |
| Cerity Partners LLC 0.03% of their portfolio | 495.7k $10.6m | Added +91.0k |
| Empowered Funds, LLC 0.18% of their portfolio | 480.0k $10.3m | Reduced -433.1k |
| Invesco Ltd. 0.00% of their portfolio | 476.3k $10.2m | Reduced -141.8k |
| Callodine Capital Management, LP 2.14% of their portfolio | 427.5k $9.2m | Reduced -29.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 426.1k $9.1m | Reduced -122.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 341.7k $7.3m | Reduced -15.1k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 321.4k $6.9m | Added +282.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 288.4k $6.2m | Added +198.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 253.7k $5.4m | Reduced -98.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 250.5k $5.4m | Reduced -18.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 246.7k $5.3m | Added +223.1k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 238.8k $5.1m | Reduced -221.1k |
| Brandywine Global Investment Management, LLC 0.04% of their portfolio | 237.0k $5.1m | Added +11.1k |
| SEGALL BRYANT & HAMILL, LLC 0.09% of their portfolio | 231.8k $5.0m | New |
| SEIZERT CAPITAL PARTNERS, LLC 0.24% of their portfolio | 224.0k $4.8m | Reduced -52.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.12% of their portfolio | 216.9k $4.6m | Added +13.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 207.6k $4.4m | Added +1.5k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 200.8k $4.3m | Added +182.6k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 187.7k $4.0m | Reduced -165.3k |
| Legal & General Group Plc 0.00% of their portfolio | 183.4k $3.9m | Reduced -1.2k |
| CLARK ESTATES INC/NY 0.70% of their portfolio | 173.1k $3.7m | Reduced -44.4k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 169.7k $3.6m | New |
| DENALI ADVISORS LLC 0.89% of their portfolio | 151.2k $3.2m | Reduced -13.5k |
| JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio | 145.9k $3.1m | Reduced -35.3k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 144.4k $3.1m | Added +8.1k |
| MARTINGALE ASSET MANAGEMENT L P 0.06% of their portfolio | 139.3k $3.0m | Reduced -6.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 133.7k $2.9m | Reduced -8.0k |
| Swiss National Bank 0.00% of their portfolio | 129.3k $2.8m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 129.0k $2.8m | Reduced -6.3k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 123.8k $2.7m | Added +44.0k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 120.5k $2.5m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 120.5k $2.6m | Added +20.0k |
| MANNING & NAPIER ADVISORS LLC 0.03% of their portfolio | 120.0k $2.6m | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 117.6k $2.5m | Added +103.2k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 114.2k $2.4m | Reduced -7.2k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 107.3k $2.3m | Reduced -10.2k |
| Clark Capital Management Group, Inc. 0.02% of their portfolio | 105.3k $2.3m | Added +6.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 103.9k $2.2m | Reduced -74.8k |
| Squarepoint Ops LLC 0.01% of their portfolio | 96.3k $2.1m | Added +72.0k |
| ZACKS INVESTMENT MANAGEMENT 0.02% of their portfolio | 95.2k $2.0m | Added +8.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 94.7k $2.0m | Reduced -8.5k |
| Trexquant Investment LP 0.03% of their portfolio | 94.7k $2.0m | New |
| ASSETMARK, INC 0.01% of their portfolio | 90.3k $1.9m | Added +4.8k |
| Bridgewater Associates, LP 0.01% of their portfolio | 87.1k $1.9m | Reduced -18.6k |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 85.7k $1.6m | First filing |
| Prairiewood Capital, LLC 0.86% of their portfolio | 85.0k $1.8m | Added +6 |
| ROYCE & ASSOCIATES LP 0.02% of their portfolio | 84.8k $1.8m | Reduced -6.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 83.6k $1.8m | Added +73.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 73.5k $1.6m | Reduced -166.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 73.0k $1.6m | Reduced -47.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio | 70.7k $1.5m | Reduced -3.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 69.8k $1.5m | Reduced -5.2k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 69.5k $1.5m | Added +16.9k |
| Pacific Ridge Capital Partners, LLC 0.33% of their portfolio | 64.2k $1.4m | Reduced -30.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 64.1k $1.4m | Reduced -1.6k |
| Alberta Investment Management Corp 0.01% of their portfolio | 63.1k $1.4m | Unchanged |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 61.3k $1.3m | Reduced -2.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 60.8k $1.3m | Reduced -89.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 59.9k $1.3m | Added +5.7k |
| TD Asset Management Inc 0.00% of their portfolio | 59.1k $1.3m | Reduced -4.1k |
| CITIGROUP INC 0.00% of their portfolio | 57.2k $1.2m | Added +4.5k |
| ALPS ADVISORS INC 0.01% of their portfolio | 55.5k $1.2m | Reduced -2.0k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 54.5k $1.2m | Reduced -2.5k |
| Vest Financial, LLC 0.03% of their portfolio | 52.8k $1.1m | Added +5.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 52.4k $1.1m | First filing |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.02% of their portfolio | 52.3k $1.1m | New |
| Cambria Investment Management, L.P. 0.06% of their portfolio | 48.3k $1.0m | Reduced -1.1k |
| Quantedge Capital Pte Ltd 0.37% of their portfolio | 47.9k $1.0m | New |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 45.8k $981.7k | Reduced -19.2k |
| Gallacher Capital Management LLC 0.51% of their portfolio | 45.5k $974.5k | Added +14.9k |
| SG Americas Securities, LLC 0.01% of their portfolio | 44.5k $954.0k | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 43.1k $923.1k | Reduced -60.4k |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 42.9k $919.8k | Reduced -14.4k |
| DGS Capital Management, LLC 0.26% of their portfolio | 42.9k $918.8k | Added +2.3k |
| Unison Advisors LLC 0.11% of their portfolio | 42.3k $905.7k | Added +269 |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.25% of their portfolio | 42.0k $899.6k | Reduced -52.5k |