| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| T. Rowe Price Investment Management, Inc. | 6.5% | $127,504,527 | 1,573,353 | T. Rowe Price Investment Management, Inc. | 30 Jun 2025 | |||
| MARSHFIELD ASSOCIATES | 6.3% | $124,107,137 | 1,478,522 | Marshfield Associates Inc | 31 Dec 2025 | |||
| BANK OF MONTREAL /CAN/ | 6.3% | $123,966,034 | 1,476,841 | Bank of Montreal | 31 Dec 2025 | |||
| Burgundy Asset Management Ltd. | 6.1% | $121,080,512 | 1,442,465 | Burgundy Asset Management Ltd. | 31 Dec 2025 |
As of 31 Dec 2025, 258 institutional investors reported holding 21,777,517 shares of Strategic Education, Inc. - Common Stock (STRA). This represents 93% of the company’s total 23,505,914 outstanding shares.
The largest institutional shareholders of Strategic Education, Inc. - Common Stock (STRA) together control 78% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 15% | 3,553,756 | +1.7% | 0% | $285,011,260 |
| VANGUARD GROUP INC | 11% | 2,564,328 | -1.7% | 0% | $205,659,106 |
| T. Rowe Price Investment Management, Inc. | 6.6% | 1,547,678 | -11% | 0.08% | $124,124,000 |
| MARSHFIELD ASSOCIATES | 6.3% | 1,478,522 | -6.8% | 2.1% | $118,577,469 |
| BANK OF MONTREAL /CAN/ | 6.2% | 1,467,702 | +62355% | 0.05% | $117,709,700 |
| DIMENSIONAL FUND ADVISORS LP | 6.2% | 1,451,394 | +0.11% | 0.02% | $116,403,633 |
| STATE STREET CORP | 3.7% | 881,089 | +0.77% | 0% | $70,663,338 |
| ROYAL BANK OF CANADA | 2.7% | 641,842 | -2.4% | 0.01% | $51,475,000 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.6% | 609,040 | +0.26% | 0% | $48,852,751 |
| ENVESTNET ASSET MANAGEMENT INC | 1.6% | 377,498 | -7.1% | 0.01% | $30,275,339 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.5% | 351,969 | +3.6% | 0% | $28,227,914 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.5% | 348,022 | +4.6% | 0.02% | $27,911,364 |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | 1.5% | 346,230 | -25% | 0.24% | $27,767,646 |
| Nuveen, LLC | 1.4% | 320,764 | +8.4% | 0.01% | $25,725,272 |
| MORGAN STANLEY | 1.1% | 259,421 | -7.3% | 0% | $20,805,670 |
| NORTHERN TRUST CORP | 1% | 245,019 | -5.6% | 0% | $19,650,523 |
| Lightrock Netherlands B.V. | 1% | 244,219 | +4% | 5% | $19,586,364 |
| Bank of New York Mellon Corp | 0.98% | 230,331 | -10% | 0% | $18,472,534 |
| GOLDMAN SACHS GROUP INC | 0.97% | 229,070 | +65% | 0% | $18,371,414 |
| AQR CAPITAL MANAGEMENT LLC | 0.97% | 228,555 | -6.3% | 0.01% | $18,330,140 |
| Triodos Investment Management BV | 0.94% | 220,000 | 0% | 1.3% | $17,846,400 |
| PUBLIC SECTOR PENSION INVESTMENT BOARD | 0.87% | 204,816 | +33% | 0.06% | $16,426,243 |
| Qube Research & Technologies Ltd | 0.68% | 159,985 | -10% | 0.02% | $12,830,797 |
| TWO SIGMA INVESTMENTS, LP | 0.66% | 154,400 | +49% | 0.02% | $12,382,880 |
| RENAISSANCE TECHNOLOGIES LLC | 0.65% | 153,818 | -21% | 0.02% | $12,336,204 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 21,777,517 | $1,747,149,010 | +$113,116,259 | $80.20 | 258 |
| 2025 Q3 | 21,911,078 | $1,874,260,435 | -$38,834,404 | $86.01 | 263 |
| 2025 Q2 | 22,355,249 | $1,902,198,888 | -$8,907,734 | $85.13 | 259 |
| 2025 Q1 | 22,479,819 | $1,887,961,758 | -$7,313,628 | $83.96 | 235 |
| 2024 Q4 | 22,519,161 | $2,103,786,601 | -$23,481,379 | $93.42 | 241 |
| 2024 Q3 | 22,676,382 | $2,098,675,097 | -$50,700,909 | $92.55 | 245 |
| 2024 Q2 | 22,817,475 | $2,524,946,662 | -$13,757,729 | $110.66 | 268 |
| 2024 Q1 | 22,975,885 | $2,391,727,635 | -$23,887,672 | $104.12 | 222 |
| 2023 Q4 | 23,210,163 | $2,143,958,488 | -$15,769,738 | $92.37 | 203 |
| 2023 Q3 | 23,426,030 | $1,762,837,349 | -$44,585,027 | $75.25 | 202 |
| 2023 Q2 | 24,025,901 | $1,630,092,145 | -$32,969,010 | $67.84 | 178 |
| 2023 Q1 | 24,277,358 | $2,180,820,886 | +$65,068,600 | $89.83 | 174 |
| 2022 Q4 | 23,825,915 | $1,866,257,052 | +$25,805,707 | $78.32 | 186 |
| 2022 Q3 | 23,513,892 | $1,444,076,133 | -$133,356,686 | $61.41 | 168 |
| 2022 Q2 | 24,025,297 | $1,695,651,987 | -$11,142,761 | $70.58 | 165 |
| 2022 Q1 | 24,328,635 | $1,614,711,865 | +$73,204,386 | $66.38 | 157 |
| 2021 Q4 | 23,288,453 | $1,346,804,363 | -$28,667,314 | $57.84 | 161 |
| 2021 Q3 | 23,497,198 | $1,656,710,220 | +$31,662,846 | $70.50 | 166 |
| 2021 Q2 | 23,037,991 | $1,752,228,283 | +$33,893,107 | $76.06 | 177 |
| 2021 Q1 | 22,522,303 | $2,069,964,113 | -$22,242,793 | $91.91 | 181 |
| 2020 Q4 | 22,715,582 | $2,165,312,709 | -$44,798,516 | $95.33 | 185 |
| 2020 Q3 | 21,774,680 | $1,991,960,980 | -$54,140,797 | $91.47 | 193 |
| 2020 Q2 | 21,407,969 | $3,289,549,789 | -$22,840,412 | $153.65 | 202 |
| 2020 Q1 | 21,573,829 | $3,015,033,498 | -$24,719,257 | $139.76 | 182 |
| 2019 Q4 | 21,743,186 | $3,455,109,041 | +$156,737,491 | $158.90 | 177 |
| 2019 Q3 | 20,822,177 | $2,829,004,410 | -$76,426,427 | $135.88 | 214 |
| 2019 Q2 | 21,187,700 | $3,771,329,767 | +$18,028,825 | $178.00 | 208 |
| 2019 Q1 | 21,655,373 | $2,843,804,542 | +$1,800,013 | $131.31 | 181 |
| 2018 Q4 | 21,688,243 | $2,459,527,014 | +$152,347,396 | $113.42 | 182 |
| 2018 Q3 | 20,299,635 | $2,781,361,611 | +$2,717,302,354 | $137.03 | 178 |
| 2018 Q2 | 466,754 | $52,745,640 | +$52,734,000 | $113.01 | 9 |
| 2018 Q1 | 103 | $10,408 | +$10,408 | $101.05 | 1 |
| 2016 Q3 | 0 | $0 | -$6,141 | $85.70 | 0 |
| 2016 Q2 | 125 | $6,141 | +$6,141 | $49.13 | 1 |