We are live on ! Find out more
KMX icon

CarMax
KMX

377 hedge funds and large institutions have $10.2B invested in CarMax in 2014 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 122 increasing their positions, 158 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 29

1.33% more ownership

Funds ownership: 100.81% → 102.13% (+1.3%)

1% more funds holding

Funds holding: 373 → 377 (+4)

11% less capital invested

Capital invested by funds: $11.5B → $10.2B (-$1.28B)

23% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 158

31% less funds holding in top 10

Funds holding in top 10: 13 → 9 (-4)

61% less call options, than puts

Call options by funds: $39.8M | Put options by funds: $101M

Holders
377
Holders Change
+4
Holders Change %
+1.07%
% of All Funds
10.94%
Holding in Top 10
9
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-30.77%
% of All Funds
0.26%
New
36
Increased
122
Reduced
158
Closed
29
Calls
$39.8M
Puts
$101M
Net Calls
-$61.2M
Net Calls Change
-$39.9M

Top Buyers

1
ABI
Abrams Bison Investments
Maryland
+$84.1M
2
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$73.7M
3
SC
Salzman & Co
New York
+$33.3M
4
ACM
AKRE Capital Management
Virginia
+$30.5M
5
DDC
DF Dent & Co
Maryland
+$28M

Top Sellers

1
Norges Bank
Norges Bank
Norway
-$87.6M
2
ACM
Atlanta Capital Management
Georgia
-$79.8M
3
Wells Fargo
Wells Fargo
California
-$76.5M
4
EC
Eminence Capital
New York
-$29.2M
5
Deutsche Bank
Deutsche Bank
Germany
-$26.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
TCOO
301
Trust Company of Oklahoma
Oklahoma
$276K +$5.12K +100 +2%
CONA
302
Capital One National Association
New York
$273K +$301K +5,868 New
BPBT
303
Boston Private Bank & Trust
Massachusetts
$266K – – –
BFG
304
Beacon Financial Group
Texas
$258K -$666 -13 -0.2%
Cambridge Investment Research Advisors
305
Cambridge Investment Research Advisors
Iowa
$241K +$57K +1,113 +27%
Thrivent Financial for Lutherans
306
Thrivent Financial for Lutherans
Minnesota
$239K -$5.12K -100 -2%
Truist Financial
307
Truist Financial
North Carolina
$226K +$249K +4,860 New
EOJOAM
308
E. Ohman J:or Asset Management
Sweden
$223K – – –
BNP Paribas Asset Management
309
BNP Paribas Asset Management
France
$216K -$3.94K -77 -2%
CC
310
ClearArc Capital
Ohio
$211K +$4.87K +95 +2%
SAM
311
Silvercrest Asset Management
New York
$210K – – –
LWCFA
312
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$209K – – –
YMRC
313
Yorktown Management & Research Company
Virginia
$204K – – –
Toronto Dominion Bank
314
Toronto Dominion Bank
Ontario, Canada
$192K -$1.08K -21 -0.5%
PAM
315
PartnerRe Asset Management
Connecticut
$186K -$34.5K -674 -14%
Robeco Institutional Asset Management
316
Robeco Institutional Asset Management
Netherlands
$169K – – –
ST
317
Smithfield Trust
Pennsylvania
$153K -$11.6K -227 -6%
QI
318
QS Investors
New York
$146K – – –
OMCS
319
Old Mutual Customised Solutions
South Africa
$139K -$66.6K -1,300 -30%
FBT
320
Founders Bank & Trust
Michigan
$119K – – –
BA
321
BlackRock Advisors
Delaware
$113K -$3.02K -59 -2%
Manulife (Manufacturers Life Insurance)
322
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$109K +$4.19M +81,864 +4%
Fifth Third Bancorp
323
Fifth Third Bancorp
Ohio
$90K +$51 +1 +0.1%
Creative Planning
324
Creative Planning
Kansas
$86K +$15.4K +300 +19%
DADC
325
D.A. Davidson & Co
Montana
$82K – – –
11 12
13
14 15

KMX Hedge Fund Activity: Q3 2014 in Review

377 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2014, worth a combined $10.2B — down 11% from $11.5B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new KMX positions and 29 closed out — a net gain of 7 holders — while 122 added to existing stakes and 158 trimmed.

The largest buyer was Abrams Bison Investments, adding an estimated $84.1M. The largest seller was Norges Bank, cutting an estimated $87.6M.

  • 377 institutional investors held CarMax (KMX) as of Q3 2014, up from 373 in Q2 2014.
  • Funds reported $10.2B of CarMax stock for Q3 2014, down 11% quarter-over-quarter.
  • 36 funds opened new CarMax positions in Q3 2014 and 29 closed out, a net change of +7 holders.
  • The largest CarMax buyer in Q3 2014 was Abrams Bison Investments, an estimated $84.1M added.
  • The largest CarMax seller in Q3 2014 was Norges Bank, an estimated $87.6M sold.

Based on aggregated 13F filings for Q3 2014.