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735 hedge funds and large institutions have $19.7B invested in CarMax in 2021 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 236 increasing their positions, 256 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 55

8% more funds holding

Funds holding: 680735 (+55)

1.05% more ownership

Funds ownership: 95.28%96.33% (+1%)

1% less capital invested

Capital invested by funds: $19.9B → $19.7B (-$132M)

8% less repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 256

8% less funds holding in top 10

Funds holding in top 10: 2422 (-2)

13% less call options, than puts

Call options by funds: $168M | Put options by funds: $192M

Holders
735
Holders Change
+55
Holders Change %
+8.09%
% of All Funds
11.31%
Holding in Top 10
22
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.33%
% of All Funds
0.34%
New
116
Increased
236
Reduced
256
Closed
55
Calls
$168M
Puts
$192M
Net Calls
-$24.7M
Net Calls Change
+$46.3M
Name Holding Trade Value Shares
Change
Change in
Stake
MIM
276
Moseley Investment Management
Florida
$1.89M +$980K +6,999 +94%
VFP
277
Verus Financial Partners
Virginia
$1.88M -$473K -3,378 -19%
SO
278
STRS Ohio
Ohio
$1.88M +$37.7K +269 +2%
Wolverine Trading
279
Wolverine Trading
Illinois
$1.87M +$1.57M +11,233 +336%
AIM
280
Allen Investment Management
New York
$1.85M
HWA
281
Heritage Wealth Advisors
Virginia
$1.82M -$59.9K -428 -3%
TC
282
TwinBeech Capital
New York
$1.81M -$1.89M -13,531 -49%
Creative Planning
283
Creative Planning
Kansas
$1.8M -$12K -86 -0.6%
Franklin Resources
284
Franklin Resources
California
$1.78M +$67.4K +481 +4%
GC
285
Guggenheim Capital
Illinois
$1.78M -$53.4K -381 -3%
TRCT
286
Tower Research Capital (TRC)
New York
$1.78M +$1.24M +8,867 +185%
SAM
287
Securian Asset Management
Minnesota
$1.77M +$2.66K +19 +0.1%
NB
288
Norinchukin Bank
Japan
$1.76M -$22K -157 -1%
KCM
289
Kanawha Capital Management
Virginia
$1.73M -$203K -1,451 -10%
OPERF
290
Oregon Public Employees Retirement Fund
Oregon
$1.73M -$56K -400 -3%
PAG
291
Private Advisor Group
New Jersey
$1.71M -$434K -3,098 -19%
AC
292
Allstate Corporation
Illinois
$1.7M +$1.82M +13,022 New
PP
293
Patten & Patten
Tennessee
$1.67M -$529K -3,775 -23%
IRAG
294
Investment Research & Advisory Group
Georgia
$1.66M -$65K -464 -4%
Mercer Global Advisors
295
Mercer Global Advisors
Colorado
$1.65M +$101K +719 +6%
MSRPS
296
Maryland State Retirement & Pension System
Maryland
$1.62M
Pacer Advisors
297
Pacer Advisors
Pennsylvania
$1.61M +$523K +3,737 +43%
EMPI
298
Elo Mutual Pension Insurance
Finland
$1.61M +$121K +864 +7%
SAM
299
Shell Asset Management
Netherlands
$1.57M +$424K +3,030 +33%
X
300
Xponance
Pennsylvania
$1.57M +$326K +2,325 +24%

KMX Hedge Fund Activity: Q4 2021 in Review

735 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q4 2021, worth a combined $19.7B — down 0.67% from $19.9B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new KMX positions and 55 closed out — a net gain of 61 holders — while 236 added to existing stakes and 256 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $589M. The largest seller was Wellington Management Group, cutting an estimated $134M.

  • 735 institutional investors held CarMax (KMX) as of Q4 2021, up from 680 in Q3 2021.
  • Funds reported $19.7B of CarMax stock for Q4 2021, down 0.67% quarter-over-quarter.
  • 116 funds opened new CarMax positions in Q4 2021 and 55 closed out, a net change of +61 holders.
  • The largest CarMax buyer in Q4 2021 was Capital Research Global Investors, an estimated $589M added.
  • The largest CarMax seller in Q4 2021 was Wellington Management Group, an estimated $134M sold.

Based on aggregated 13F filings for Q4 2021.