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423 hedge funds and large institutions have $14.6B invested in CarMax in 2015 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 130 increasing their positions, 180 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 34

5% more funds holding

Funds holding: 404423 (+19)

2% more capital invested

Capital invested by funds: $14.3B → $14.6B (+$320M)

0% less call options, than puts

Call options by funds: $78.4M | Put options by funds: $78.8M

0.98% less ownership

Funds ownership: 103.08%102.1% (-0.98%)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

28% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 180

Holders
423
Holders Change
+19
Holders Change %
+4.7%
% of All Funds
11.27%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.51%
New
59
Increased
130
Reduced
180
Closed
34
Calls
$78.4M
Puts
$78.8M
Net Calls
-$308K
Net Calls Change
+$48M
Name Holding Trade Value Shares
Change
Change in
Stake
TIA
351
Tiemann Investment Advisors
California
$238K +$225K +3,450 New
ST
352
Smithfield Trust
Pennsylvania
$228K
FIM
353
Freedom Investment Management
Connecticut
$225K +$213K +3,262 New
Jane Street
354
Jane Street
New York
$220K -$886K -13,594 -81%
JMPWA
355
JP Morgan Private Wealth Advisors
California
$216K +$204K +3,130 New
SAM
356
Silvercrest Asset Management
New York
$215K -$84.8K -1,300 -29%
SGCA
357
Steel Grove Capital Advisors
Tennessee
$214K +$202K +3,100 New
LNWWM
358
Laird Norton Wetherby Wealth Management
California
$208K +$197K +3,020 New
MPI
359
Mairs & Power Inc
Minnesota
$207K -$57K -875 -23%
FIM
360
Fruth Investment Management
Texas
$207K +$196K +3,000 New
AI
361
Atria Investments
North Carolina
$201K -$25.2K -386 -12%
Fifth Third Bancorp
362
Fifth Third Bancorp
Ohio
$198K -$47.3K -726 -20%
Manulife (Manufacturers Life Insurance)
363
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$193K +$3.96M +60,780 +2%
QI
364
QS Investors
New York
$190K -$26.1K -400 -13%
Creative Planning
365
Creative Planning
Kansas
$189K -$4.3K -66 -2%
Simplex Trading
366
Simplex Trading
Illinois
$181K +$171K +2,625 New
TRCT
367
Tower Research Capital (TRC)
New York
$178K +$158K +2,421 +1,476%
Federated Hermes
368
Federated Hermes
Pennsylvania
$153K +$7.24K +111 +5%
LTFS
369
Ladenburg Thalmann Financial Services
Florida
$150K +$122K +1,873 +624%
WCMN
370
Westchester Capital Management (Nebraska)
Nebraska
$138K
DADC
371
D.A. Davidson & Co
Montana
$135K -$2.93K -45 -2%
SO
372
STRS Ohio
Ohio
$130K +$123K +1,884 New
W
373
Wealthfront
California
$120K +$19.6K +300 +21%
WRM
374
Westport Resources Management
Connecticut
$117K
SC
375
Saturna Capital
Washington
$116K

KMX Hedge Fund Activity: Q1 2015 in Review

423 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q1 2015, worth a combined $14.6B — up 2.2% from $14.3B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new KMX positions and 34 closed out — a net gain of 25 holders — while 130 added to existing stakes and 180 trimmed.

The largest buyer was Point72 Asset Management, opening a new position worth an estimated $67.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $114M.

  • 423 institutional investors held CarMax (KMX) as of Q1 2015, up from 404 in Q4 2014.
  • Funds reported $14.6B of CarMax stock for Q1 2015, up 2.2% quarter-over-quarter.
  • 59 funds opened new CarMax positions in Q1 2015 and 34 closed out, a net change of +25 holders.
  • The largest CarMax buyer in Q1 2015 was Point72 Asset Management, an estimated $67.5M added.
  • The largest CarMax seller in Q1 2015 was T. Rowe Price Associates, an estimated $114M sold.

Based on aggregated 13F filings for Q1 2015.