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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
SCM
301
SG Capital Management
Illinois
$1.55M +$1.66M +11,883 New
SFFS
302
Stonehage Fleming Financial Services
Jersey
$1.54M -$138K -984 -8%
RCC
303
Red Cedar Capital
Nebraska
$1.52M
Wealthfront Advisers
304
Wealthfront Advisers
California
$1.52M +$13.4K +96 +0.8%
Northwestern Mutual Wealth Management
305
Northwestern Mutual Wealth Management
Wisconsin
$1.51M -$91.4K -653 -5%
TTWM
306
TCV Trust & Wealth Management
Virginia
$1.51M
WBC
307
Westpac Banking Corp
Australia
$1.51M
CG
308
Colony Group
Massachusetts
$1.5M +$20.2K +144 +1%
TPCW
309
TD Private Client Wealth
New York
$1.49M -$97.5K -696 -6%
AAM
310
Advisors Asset Management
Colorado
$1.42M +$270K +1,928 +21%
Allspring Global Investments
311
Allspring Global Investments
North Carolina
$1.42M +$1.53M +10,927 New
WSC
312
Wellington Shields & Co
New York
$1.41M -$177K -1,263 -10%
THWM
313
Taylor Hoffman Wealth Management
Virginia
$1.41M -$10.8K -77 -0.7%
VFA
314
Voya Financial Advisors
Connecticut
$1.41M +$242K +1,728 +19%
Rockefeller Capital Management
315
Rockefeller Capital Management
New York
$1.39M -$226K -1,614 -13%
PFM
316
Patton Fund Management
Texas
$1.39M -$505K -3,603 -25%
BCM
317
Bayesian Capital Management
New York
$1.37M +$1.47M +10,500 New
RIA
318
Realta Investment Advisors
Delaware
$1.35M -$30K -214 -2%
KRS
319
Kentucky Retirement Systems
Kentucky
$1.33M +$152K +1,084 +12%
LSERS
320
Louisiana State Employees Retirement System
Louisiana
$1.33M +$14K +100 +1%
PI
321
PineBridge Investments
New York
$1.32M +$1.42M +10,143 New
SMDAM
322
Sumitomo Mitsui DS Asset Management
Japan
$1.31M -$2.66K -19 -0.2%
MGWM
323
Marks Group Wealth Management
Minnesota
$1.31M +$32.8K +234 +2%
CSPIA
324
Cary Street Partners Investment Advisory
Virginia
$1.3M +$13.2K +94 +0.9%
NMERB
325
New Mexico Educational Retirement Board
New Mexico
$1.3M -$98K -700 -7%

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.