We are live on ! Find out more
KMX icon

CarMax
KMX

704 hedge funds and large institutions have $12.4B invested in CarMax in 2024 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 304 increasing their positions, 214 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more repeat investments, than reductions

Existing positions increased: 304 | Existing positions reduced: 214

16% more call options, than puts

Call options by funds: $295M | Put options by funds: $253M

0.57% less ownership

Funds ownership: 108.94% → 108.37% (-0.57%)

1% less first-time investments, than exits

New positions opened: 74 | Existing positions closed: 75

2% less funds holding

Funds holding: 716 → 704 (-12)

17% less capital invested

Capital invested by funds: $15B → $12.4B (-$2.55B)

21% less funds holding in top 10

Funds holding in top 10: 28 → 22 (-6)

Holders
704
Holders Change
-12
Holders Change %
-1.68%
% of All Funds
10.17%
Holding in Top 10
22
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-21.43%
% of All Funds
0.32%
New
74
Increased
304
Reduced
214
Closed
75
Calls
$295M
Puts
$253M
Net Calls
+$41.8M
Net Calls Change
+$115M

Top Buyers

1
VVP
Vulcan Value Partners
Alabama
+$98.7M
2
Baird Financial Group
Baird Financial Group
Wisconsin
+$71.7M
3
Norges Bank
Norges Bank
Norway
+$50.1M
4
Two Sigma Advisers
Two Sigma Advisers
New York
+$47.8M
5
Citadel Advisors
Citadel Advisors
Florida
+$41.9M

Top Sellers

1
Holocene Advisors
Holocene Advisors
New York
-$248M
2
Capital Research Global Investors
Capital Research Global Investors
California
-$243M
3
TAM
Timucuan Asset Management
Florida
-$135M
4
Principal Financial Group
Principal Financial Group
Iowa
-$89.2M
5
ACM
Anomaly Capital Management
New York
-$66.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
OPS
226
Orion Portfolio Solutions
Nebraska
$2.73M -$56.1K -779 -2%
CWM
227
CIBC World Markets
New York
$2.67M +$1.48M +20,514 +129%
RFC
228
Regions Financial Corp
Alabama
$2.6M -$22.8K -317 -0.9%
Aberdeen Group
229
Aberdeen Group
United Kingdom
$2.6M -$2.22M -30,789 -47%
Retirement Systems of Alabama
230
Retirement Systems of Alabama
Alabama
$2.55M -$9.95K -138 -0.4%
COPPSERS
231
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.54M -$7.06K -98 -0.3%
DekaBank Deutsche Girozentrale
232
DekaBank Deutsche Girozentrale
Germany
$2.52M +$251K +3,481 +11%
MA
233
Montag & Associates
Georgia
$2.49M -$924K -12,828 -27%
Mirae Asset Global ETFs Holdings
234
Mirae Asset Global ETFs Holdings
Hong Kong
$2.45M +$2.41M +33,422 New
SSWM
235
Sheets Smith Wealth Management
North Carolina
$2.43M – – –
GHAM
236
Gilman Hill Asset Management
Connecticut
$2.39M +$23.6K +327 +1%
Korea Investment Corp
237
Korea Investment Corp
South Korea
$2.38M +$404K +5,600 +21%
GWM
238
Graybill Wealth Management
Illinois
$2.37M +$25K +347 +1%
Skandinaviska Enskilda Banken (SEB)
239
Skandinaviska Enskilda Banken (SEB)
Sweden
$2.33M – – –
Comerica Bank
240
Comerica Bank
Texas
$2.31M -$1.43M -19,851 -39%
ATC
241
Argent Trust Co
Tennessee
$2.31M +$414K +5,739 +22%
M&T Bank
242
M&T Bank
New York
$2.3M -$419K -5,818 -16%
US Bancorp
243
US Bancorp
Minnesota
$2.27M +$426K +5,909 +24%
FAF
244
Första AP-fonden
Sweden
$2.27M -$238K -3,300 -10%
FTIS
245
First Trust Investment Solutions
Florida
$2.21M +$53.6K +744 +3%
BCIM
246
British Columbia Investment Management
British Columbia, Canada
$2.21M +$816K +11,328 +60%
CNB
247
Czech National Bank
Czech Republic
$2.2M +$159K +2,209 +8%
NA
248
NewEdge Advisors
Louisiana
$2.19M +$15.2K +211 +0.7%
VFA
249
Voya Financial Advisors
Connecticut
$2.18M +$450K +6,240 +27%
II
250
IFM Investors
Australia
$2.17M -$68.2K -946 -3%
8 9
10
11 12

KMX Hedge Fund Activity: Q2 2024 in Review

704 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q2 2024, worth a combined $12.4B — down 17% from $15B a quarter earlier.

Sellers outnumbered buyers: 75 funds closed out of KMX and 74 opened new positions — a net loss of 1 holder — while 214 trimmed existing stakes and 304 added.

The largest buyer was Vulcan Value Partners, adding an estimated $98.7M. The largest seller was Holocene Advisors, cutting an estimated $248M.

  • 704 institutional investors held CarMax (KMX) as of Q2 2024, down from 716 in Q1 2024.
  • Funds reported $12.4B of CarMax stock for Q2 2024, down 17% quarter-over-quarter.
  • 74 funds opened new CarMax positions in Q2 2024 and 75 closed out, a net change of -1 holder.
  • The largest CarMax buyer in Q2 2024 was Vulcan Value Partners, an estimated $98.7M added.
  • The largest CarMax seller in Q2 2024 was Holocene Advisors, an estimated $248M sold.

Based on aggregated 13F filings for Q2 2024.