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Fiduciary Management Inc’s CarMax KMX Stock Holding History

Fiduciary Management Inc’s Portfolio KMX Stock Details KMX Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-3,249,561
Closed -$146M – 71
2025
Q3 		$146M Buy
3,249,561
+375,996
+13% +$22.5M 1.48% 39
2025
Q2 		$193M Buy
2,873,565
+221,835
+8% +$14.9M 1.85% 16
2025
Q1 		$207M Sell
2,651,730
-107,248
-4% -$8.6M 2% 16
2024
Q4 		$226M Sell
2,758,978
-176,047
-6% -$13.8M 2.1% 10
2024
Q3 		$227M Sell
2,935,025
-100,122
-3% -$7.92M 1.99% 14
2024
Q2 		$223M Sell
3,035,147
-181,327
-6% -$13.1M 2.07% 12
2024
Q1 		$280M Buy
3,216,474
+634,941
+25% +$48M 2.5% 9
2023
Q4 		$198M Sell
2,581,533
-205,734
-7% -$13.8M 1.85% 16
2023
Q3 		$197M Sell
2,787,267
-132,208
-5% -$10.8M 2.01% 17
2023
Q2 		$244M Sell
2,919,475
-290,298
-9% -$21.3M 2.47% 13
2023
Q1 		$206M Sell
3,209,773
-82,278
-2% -$5.51M 2.09% 22
2022
Q4 		$200M Buy
3,292,051
+703,221
+27% +$45.1M 2.03% 22
2022
Q3 		$171M Buy
2,588,830
+817,285
+46% +$74.7M 1.8% 23
2022
Q2 		$160M Sell
1,771,545
-21,284
-1% -$2M 1.52% 29
2022
Q1 		$173M Buy
+1,792,829
New +$193M 1.4% 31

Other funds holding KMX

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
AQR Capital Management
AQR Capital Management Greenwich, Connecticut $218B AUM 29.41% 1-Year Est. Return
SIM
SRS Investment Management New York $9.47B AUM 60.12% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
AMH
Apollo Management Holdings New York $7.6B AUM 23.97% 1-Year Est. Return
Janus Henderson Group
Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return
Primecap Management
Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return
Diamond Hill Capital Management
Diamond Hill Capital Management Columbus, Ohio $16B AUM 4.15% 1-Year Est. Return
Norges Bank
Norges Bank Oslo, Norway $935B AUM

Fiduciary Management Inc's KMX Position: Q4 2025 in Review

Fiduciary Management Inc sold out of CarMax (KMX) in Q4 2025, closing a stake of 3,249,561 shares — an estimated $146M sold.

Fiduciary Management Inc first reported a position in KMX in Q1 2022 and held it in 15 quarters. The position peaked at $280M in Q1 2024. 538 funds tracked by Wall St. Rank hold KMX as of Q4 2025.

  • Fiduciary Management Inc reported no remaining CarMax position as of Q4 2025 after selling out during the quarter.
  • Fiduciary Management Inc sold 3,249,561 CarMax shares in Q4 2025, an estimated $146M.
  • Fiduciary Management Inc first reported a position in CarMax in Q1 2022 and held it in 15 quarters.
  • Fiduciary Management Inc's CarMax position peaked at $280M in Q1 2024.
  • 538 funds tracked by Wall St. Rank held CarMax as of Q4 2025.

Based on Fiduciary Management Inc's 13F filing for Q4 2025, filed 11 Feb 2026.