Dimensional Fund Advisors Trims Stake in Perdoceo Education

Institutional investor reduces position in for-profit education company

Mar. 11, 2026 at 7:48am

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Dimensional Fund Advisors LP, a major institutional investor, has trimmed its stake in Perdoceo Education Corporation (NASDAQ:PRDO) by 7.8% during the third quarter, according to a recent 13F filing. Dimensional Fund Advisors now owns 3,800,888 shares, or 5.91% of the company's stock, valued at $143,140,000.

Why it matters

Perdoceo Education, which operates the Colorado Technical University and American InterContinental University brands, is a major player in the for-profit education sector. Changes in ownership by large institutional investors can signal shifts in market sentiment and future performance of the company.

The details

According to the 13F filing, Dimensional Fund Advisors sold 323,162 shares of Perdoceo Education during the third quarter. The institutional investor now holds a 5.91% stake in the company, down from 6.39% previously. Perdoceo Education's stock price has fluctuated in recent months, trading between $23.87 and $38.02 over the past 52 weeks.

  • Dimensional Fund Advisors trimmed its Perdoceo Education stake during the third quarter of 2026.

The players

Dimensional Fund Advisors LP

A major institutional investor that manages over $600 billion in assets.

Perdoceo Education Corporation

A for-profit postsecondary education provider that operates the Colorado Technical University and American InterContinental University brands.

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The takeaway

The reduction in Dimensional Fund Advisors' stake in Perdoceo Education could signal broader market uncertainty around the for-profit education sector, which has faced regulatory scrutiny and competition from traditional nonprofit universities in recent years.