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680 hedge funds and large institutions have $19.9B invested in CarMax in 2021 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 236 increasing their positions, 231 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 50

2% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 231

0% more funds holding

Funds holding: 677680 (+3)

2% less capital invested

Capital invested by funds: $20.3B → $19.9B (-$416M)

1.21% less ownership

Funds ownership: 96.5%95.28% (-1.2%)

11% less funds holding in top 10

Funds holding in top 10: 2724 (-3)

26% less call options, than puts

Call options by funds: $198M | Put options by funds: $269M

Holders
680
Holders Change
+3
Holders Change %
+0.44%
% of All Funds
11.9%
Holding in Top 10
24
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-11.11%
% of All Funds
0.42%
New
63
Increased
236
Reduced
231
Closed
50
Calls
$198M
Puts
$269M
Net Calls
-$71M
Net Calls Change
-$89.6M
Name Holding Trade Value Shares
Change
Change in
Stake
AIM
226
Arcadia Investment Management
Michigan
$3.24M -$133K -1,000 -4%
Cambridge Investment Research Advisors
227
Cambridge Investment Research Advisors
Iowa
$3.23M -$1.87M -14,027 -36%
TPSF
228
Texas Permanent School Fund
Texas
$3.22M -$257K -1,932 -7%
MSL
229
Mackay Shields LLC
New York
$3.2M -$96.2K -723 -3%
KCM
230
Kornitzer Capital Management
Kansas
$3.18M
Zurich Cantonal Bank
231
Zurich Cantonal Bank
Switzerland
$3.17M -$211K -1,582 -6%
AI
232
Atria Investments
North Carolina
$3.15M +$291K +2,184 +10%
XWM
233
Xcel Wealth Management
Florida
$3.14M -$226K -1,700 -6%
JMPWA
234
JP Morgan Private Wealth Advisors
California
$3.13M +$171K +1,285 +6%
Fuller & Thaler Asset Management
235
Fuller & Thaler Asset Management
California
$3.13M +$785K +5,900 +32%
CCA
236
Cobblestone Capital Advisors
New York
$3.12M -$12.8M -95,965 -80%
MJB
237
Mark J. Bradley
$3.1M -$38.6K -290 -1%
Commonwealth Equity Services
238
Commonwealth Equity Services
Massachusetts
$3.01M -$182K -1,365 -5%
RFC
239
Regions Financial Corp
Alabama
$2.98M -$18.4K -138 -0.6%
Mirae Asset Global Investments
240
Mirae Asset Global Investments
South Korea
$2.98M +$370K +2,781 +14%
HBWM
241
Hollow Brook Wealth Management
New York
$2.92M +$3.03M +22,800 New
Group One Trading
242
Group One Trading
Illinois
$2.92M +$1.25M +9,361 +70%
Daiwa Securities Group
243
Daiwa Securities Group
Japan
$2.83M +$74.1K +557 +3%
CI
244
Centerstone Investors
New York
$2.82M
PRS
245
Pinkerton Retirement Specialists
Idaho
$2.8M +$57.6K +433 +2%
Susquehanna International Group
246
Susquehanna International Group
Pennsylvania
$2.79M -$3M -22,568 -51%
II
247
IFM Investors
Australia
$2.77M -$42.1K -316 -1%
MOACM
248
Mutual of America Capital Management
New York
$2.74M +$11.2K +84 +0.4%
Public Employees Retirement Association of Colorado
249
Public Employees Retirement Association of Colorado
Colorado
$2.73M
KBC Group
250
KBC Group
Belgium
$2.72M -$2.83M -21,228 -50%

KMX Hedge Fund Activity: Q3 2021 in Review

680 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2021, worth a combined $19.9B — down 2% from $20.3B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new KMX positions and 50 closed out — a net gain of 13 holders — while 236 added to existing stakes and 231 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $99.1M. The largest seller was JP Morgan Chase, cutting an estimated $109M.

  • 680 institutional investors held CarMax (KMX) as of Q3 2021, up from 677 in Q2 2021.
  • Funds reported $19.9B of CarMax stock for Q3 2021, down 2% quarter-over-quarter.
  • 63 funds opened new CarMax positions in Q3 2021 and 50 closed out, a net change of +13 holders.
  • The largest CarMax buyer in Q3 2021 was Manulife (Manufacturers Life Insurance), an estimated $99.1M added.
  • The largest CarMax seller in Q3 2021 was JP Morgan Chase, an estimated $109M sold.

Based on aggregated 13F filings for Q3 2021.