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NMF Asset Management, LLC
> APEI
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2010 | AMERICAN PUBLIC EDUCATION INC | APEI | 42,900 | -23,000 | 1,875,000 | -1,196,000 | $43.71 |
| 03/31/2010 | AMERICAN PUBLIC EDUCATION INC | APEI | 65,900 | -1,300 | 3,071,000 | 762,000 | $46.60 |
| 12/31/2009 | AMERICAN PUBLIC EDUCATION INC | APEI | 67,200 | -800 | 2,309,000 | -53,000 | $34.36 |
| 09/30/2009 | AMERICAN PUBLIC EDUCATION INC | APEI | 68,000 | 26,400 | 2,362,000 | 717,000 | $34.74 |
| 06/30/2009 | AMERICAN PUBLIC EDUCATION INC | APEI | 41,600 | 41,600 | 1,645,000 | 1,645,000 | $39.54 |
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