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 ($11.8m this quarter). Holder counts are more reliable. Shares outstanding: 65.0m as of 2025-07-25, 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 ≈ $32.68. Options: 6 managers hold calls ($2.3m notional), 6 hold puts ($17.1m).
Trends to Q2 2025
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 |
| Q3 2024 | 250 |
| Q4 2024 | 263 |
| Q1 2025 | 278 |
| Q2 2025 | 304 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 85 | 117 |
| Q4 2023 | 104 | 115 |
| Q1 2024 | 94 | 133 |
| Q2 2024 | 103 | 121 |
| Q3 2024 | 107 | 126 |
| Q4 2024 | 131 | 110 |
| Q1 2025 | 120 | 137 |
| Q2 2025 | 147 | 157 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $152.7k | $199.5k | 1.31 |
| Q4 2024 | $137.6k | $407.3k | 2.96 |
| Q1 2025 | $1.4m | $523.2k | 0.39 |
| Q2 2025 | $2.3m | $17.1m | 7.57 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +630.9k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +485.6k |
| MORGAN STANLEY | Added | +421.6k |
| PRUDENTIAL FINANCIAL INC | Added | +322.6k |
| CITADEL ADVISORS LLC | Added | +305.7k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | New | +224.0k |
| SG Capital Management LLC | New | +192.2k |
| Qube Research & Technologies Ltd | Added | +174.1k |
| TWO SIGMA INVESTMENTS, LP | Added | +168.4k |
| Callodine Capital Management, LP | Added | +152.8k |
Biggest sellers
| DIMENSIONAL FUND ADVISORS LP | Reduced | -486.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -364.0k |
| BlackRock, Inc. | Reduced | -283.5k |
| Boston Partners | Reduced | -272.6k |
| VANGUARD GROUP INC | Reduced | -226.4k |
| New Vernon Capital Holdings II LLC | Reduced | -219.0k |
| ExodusPoint Capital Management, LP | Reduced | -179.8k |
| Pacer Advisors, Inc. | Reduced | -173.3k |
| NORTHERN TRUST CORP | Reduced | -164.0k |
| FIRST TRUST ADVISORS LP | Reduced | -160.6k |
Biggest calls
| Walleye Trading LLC | Added | $1.6m49.3k shares |
| WOLVERINE TRADING, LLC | New | $296.8k9.0k shares |
| CITADEL ADVISORS LLC | Added | $241.9k7.4k shares |
| GROUP ONE TRADING LLC | Added | $78.5k2.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $26.0k800 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | New | $16.3m500.0k shares |
| CITADEL ADVISORS LLC | Added | $496.9k15.2k shares |
| Walleye Trading LLC | Reduced | $140.6k4.3k shares |
| SIMPLEX TRADING, LLC | Added | $55.0k1.7k shares |
| GROUP ONE TRADING LLC | Unchanged | $42.5k1.3k 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 2025
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 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 |
| Q3 2024 | 0 | — | 3 | $1.2m | — |
| Q4 2024 | 0 | — | 3 | $1.4m | $1.3m |
| Q1 2025 | 0 | — | 4 | $2.8m | $2.8m |
| Q2 2025 | 0 | — | 9 | $6.7m | $4.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-13 | Czeszewski David C. SVP, CIO | Sold | $978.1k30.9k shares |
| 2025-06-10 | Kline John Robert SVP, AIU | Sold plan | $2.3m71.3k shares |
| 2025-06-09 | HANSEN WILLIAM DEAN Director | Sold | $189.2k6.0k shares |
| 2025-05-28 | Leeman Julia A. SVP - Campus Operations | Sold | $160.3k5.0k shares |
| 2025-05-23 | Araamudhu Sunitha SVP - AIUS | Sold plan | $438.7k14.3k shares |
| 2025-05-12 | Peppers Michele A Principal Accounting Officer | Sold plan | $129.2k4.0k shares |
| 2025-05-07 | Thornton Leslie T Director | Sold | $641.8k20.9k shares |
| 2025-05-02 | Peppers Michele A Principal Accounting Officer | Sold plan | $392.7k13.1k shares |
| 2025-04-10 | Jansen Greg E. SVP, General Counsel | Sold plan | $559.4k21.4k shares |
| 2025-04-01 | Ghia Ashish R CFO | Sold plan | $921.7k35.7k 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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 9.1m $298.9m | Reduced -283.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.4m $142.8m | Reduced -226.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.18% of their portfolio | 4.1m $135.3m | Reduced -400 |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 4.1m $134.8m | Reduced -486.8k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 2.8m $90.9m | Reduced -160.6k |
| STATE STREET CORP 0.00% of their portfolio | 2.4m $79.6m | Reduced -12.1k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.8m $59.5m | Added +27.3k |
| LSV ASSET MANAGEMENT 0.14% of their portfolio | 1.8m $58.9m | Reduced -71.7k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.53% of their portfolio | 1.8m $57.3m | Added +34.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.6m $51.4m | Reduced -44.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.4m $45.7m | Reduced -149.0k |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $44.7m | Added +421.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $34.8m | Reduced -22.1k |
| Boston Partners 0.03% of their portfolio | 937.1k $30.0m | Reduced -272.6k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 933.5k $30.5m | Reduced -364.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio | 923.7k $30.2m | Added +485.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 900.9k $29.5m | Reduced -164.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 863.2k $28.2m | Reduced -56.4k |
| Nuveen, LLC 0.01% of their portfolio | 852.7k $27.9m | Added +107.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 690.4k $22.6m | Reduced -49.5k |
| LONE PEAK GLOBAL INVESTORS LLC 4.17% of their portfolio | 668.9k $21.9m | Added +19.7k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 658.6k $21.5m | Added +305.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 641.5k $21.0m | Added +630.9k |
| Callodine Capital Management, LP 2.15% of their portfolio | 634.0k $20.7m | Added +152.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 616.8k $20.2m | Added +5.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 610.0k $19.9m | Reduced -59.0k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 588.7k $19.2m | Added +174.1k |
| Invesco Ltd. 0.00% of their portfolio | 574.8k $18.8m | Reduced -37.2k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 572.5k $18.7m | Added +322.6k |
| TUDOR INVESTMENT CORP ET AL 0.10% of their portfolio | 393.2k $12.9m | Added +41.7k |
| PRIVATE MANAGEMENT GROUP INC 0.41% of their portfolio | 382.2k $12.5m | Reduced -112.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 358.8k $11.7m | Added +41.0k |
| Cubist Systematic Strategies, LLC 0.12% of their portfolio | 349.1k $11.4m | Added +30.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 326.5k $10.7m | Reduced -974 |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 318.1k $10.4m | Added +50.8k |
| Pacer Advisors, Inc. 0.03% of their portfolio | 302.8k $9.9m | Reduced -173.3k |
| Squarepoint Ops LLC 0.02% of their portfolio | 279.8k $9.1m | Added +81.9k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 255.3k $8.3m | Added +19.3k |
| Brandywine Global Investment Management, LLC 0.05% of their portfolio | 231.4k $7.6m | Reduced -8.9k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.10% of their portfolio | 224.0k $7.3m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 222.7k $7.3m | Added +168.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 211.9k $6.9m | Added +38.9k |
| INTECH INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 199.9k $6.5m | Added +1.8k |
| Clark Capital Management Group, Inc. 0.05% of their portfolio | 198.5k $6.5m | Added +19.7k |
| SG Capital Management LLC 0.53% of their portfolio | 192.2k $6.3m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 183.5k $6.0m | Added +14.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 180.7k $5.9m | Reduced -5.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 179.8k $5.9m | Reduced -53.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 173.5k $5.7m | Added +2.2k |
| Legal & General Group Plc 0.00% of their portfolio | 172.0k $5.6m | Reduced -3.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 171.8k $5.7m | Reduced -2.7k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 164.9k $5.4m | Added +61.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 161.3k $5.3m | Added +29.4k |
| Vest Financial, LLC 0.07% of their portfolio | 158.6k $5.2m | Added +23.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 156.8k $5.1m | Added +62.4k |
| MANNING & NAPIER ADVISORS LLC 0.06% of their portfolio | 156.6k $5.1m | Reduced -6.2k |
| BARCLAYS PLC 0.00% of their portfolio | 153.4k $5.0m | Added +67.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 153.2k $5.0m | Reduced -1.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 152.8k $5.0m | Reduced -16.1k |
| Global IMC LLC 1.21% of their portfolio | 142.4k $4.7m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 140.6k $4.6m | Added +102.5k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 139.6k $4.6m | Reduced -111.7k |
| SEGALL BRYANT & HAMILL, LLC 0.06% of their portfolio | 128.5k $4.2m | Reduced -62.1k |
| Axecap Investments, LLC 2.72% of their portfolio | 127.7k $4.2m | Added +10.4k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 120.5k $4.0m | New |
| Swiss National Bank 0.00% of their portfolio | 118.9k $3.9m | Reduced -2.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 115.3k $3.8m | Reduced -100.3k |
| Empowered Funds, LLC 0.04% of their portfolio | 114.8k $3.8m | Reduced -94.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 112.9k $3.7m | Added +12.4k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 110.1k $3.6m | Reduced -179.8k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 109.4k $3.6m | Added +30.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.05% of their portfolio | 108.3k $3.5m | Reduced -8.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 107.8k $3.5m | Unchanged |
| DENALI ADVISORS LLC 0.37% of their portfolio | 107.8k $3.5m | Reduced -79.0k |
| Jump Financial, LLC 0.04% of their portfolio | 105.7k $3.5m | New |
| ASSETMARK, INC 0.01% of their portfolio | 101.8k $3.3m | Reduced -10.3k |
| Informed Momentum Co LLC 0.48% of their portfolio | 97.7k $3.2m | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 95.7k $3.1m | Reduced -11.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 89.5k $2.9m | Reduced -59.3k |
| Man Group plc 0.01% of their portfolio | 84.5k $2.8m | Added +14.1k |
| ROYCE & ASSOCIATES LP 0.03% of their portfolio | 84.0k $2.7m | Reduced -4.5k |
| Trexquant Investment LP 0.03% of their portfolio | 83.8k $2.7m | New |
| ALPS ADVISORS INC 0.02% of their portfolio | 82.3k $2.7m | Reduced -2.4k |
| MARTINGALE ASSET MANAGEMENT L P 0.07% of their portfolio | 81.1k $2.7m | Reduced -28 |
| MARSHALL WACE, LLP 0.00% of their portfolio | 80.2k $2.6m | Added +52.8k |
| UBS Group AG 0.00% of their portfolio | 80.1k $2.6m | Added +29.6k |
| Prairiewood Capital, LLC 0.97% of their portfolio | 80.0k $2.6m | Reduced -1.1k |
| Engineers Gate Manager LP 0.03% of their portfolio | 79.1k $2.6m | Added +45.1k |
| Kennondale Capital Management LLC 2.63% of their portfolio | 78.8k $2.6m | Reduced -10.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 75.7k $2.5m | Added +46.1k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 73.6k $2.4m | Reduced -12.3k |
| Vestcor Inc 0.07% of their portfolio | 70.8k $2.3m | Added +40.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 70.6k $2.3m | Added +3.3k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 69.3k $2.3m | Added +7.3k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 68.4k $2.2m | New |
| ROTHSCHILD INVESTMENT LLC 0.13% of their portfolio | 65.8k $2.2m | Reduced -19.4k |
| CITIGROUP INC 0.00% of their portfolio | 62.7k $2.0m | Reduced -40.4k |
| Atom Investors LP 0.18% of their portfolio | 62.6k $2.0m | New |
| Polaris Capital Management, LLC 0.13% of their portfolio | 60.6k $2.0m | Reduced -10.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 60.6k $2.0m | Reduced -14.0k |