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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
BSI
326
Bennett Selby Investments
Maine
$1.25M
CT
327
Chicago Trust
Illinois
$1.25M +$14K +100 +1%
CPIG
328
Chicago Partners Investment Group
Illinois
$1.24M +$1.96K +14 +0.1%
Schroder Investment Management Group
329
Schroder Investment Management Group
United Kingdom
$1.23M -$192K -1,373 -13%
PAM
330
Panagora Asset Management
Massachusetts
$1.23M -$423K -3,021 -24%
SFA
331
Semmax Financial Advisors
North Carolina
$1.22M -$143K -1,020 -10%
WF
332
WoodTrust Financial
Wisconsin
$1.21M +$406K +2,900 +45%
Nordea Investment Management
333
Nordea Investment Management
Sweden
$1.2M +$77.6K +554 +6%
VCA
334
Verdence Capital Advisors
Maryland
$1.17M +$31.9K +228 +3%
PFA
335
Professional Financial Advisors
Nebraska
$1.15M -$13.3K -95 -1%
BCM
336
Brookstone Capital Management
Illinois
$1.14M +$230K +1,646 +21%
HVIA
337
Hudson Valley Investment Advisors
New York
$1.13M -$49.3K -352 -4%
KeyBank National Association
338
KeyBank National Association
Ohio
$1.13M -$49.6K -354 -4%
ESCM
339
Echo Street Capital Management
New York
$1.12M +$613K +4,378 +103%
Verition Fund Management
340
Verition Fund Management
Connecticut
$1.12M +$642K +4,583 +114%
BOC
341
Barbara Oil Co
Illinois
$1.09M
IVP
342
Intrinsic Value Partners
Arizona
$1.09M +$1.17M +8,358 New
Two Sigma Investments
343
Two Sigma Investments
New York
$1.08M +$1.16M +8,300 New
CC
344
Copperleaf Capital
North Carolina
$1.07M -$79.8K -570 -6%
CCG
345
Cypress Capital Group
Florida
$1.06M +$1.14M +8,152 New
Rafferty Asset Management
346
Rafferty Asset Management
New York
$1.06M +$35.1K +251 +3%
PIA
347
Powell Investment Advisors
Florida
$1.06M
RC
348
Roundview Capital
New Jersey
$1.05M +$17.5K +125 +2%
CSPAM
349
Cary Street Partners Asset Management
Virginia
$1.04M -$1.01M -7,239 -48%
TSW
350
Thompson Siegel & Walmsley
Virginia
$1.03M +$14.7K +105 +1%

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.