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468 hedge funds and large institutions have $11.9B invested in CarMax in 2017 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 140 increasing their positions, 201 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

309% more call options, than puts

Call options by funds: $473M | Put options by funds: $116M

13% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 46

1% less funds holding

Funds holding: 471468 (-3)

1.68% less ownership

Funds ownership: 108.76%107.07% (-1.7%)

9% less capital invested

Capital invested by funds: $13.1B → $11.9B (-$1.24B)

22% less funds holding in top 10

Funds holding in top 10: 2721 (-6)

30% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 201

Holders
468
Holders Change
-3
Holders Change %
-0.64%
% of All Funds
11.65%
Holding in Top 10
21
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-22.22%
% of All Funds
0.52%
New
52
Increased
140
Reduced
201
Closed
46
Calls
$473M
Puts
$116M
Net Calls
+$357M
Net Calls Change
+$357M
Name Holding Trade Value Shares
Change
Change in
Stake
BO
376
BRR OpCo
Ohio
$245K -$121K -1,870 -31%
PLFAM
377
Pineno Levin & Ford Asset Management
Virginia
$238K
BP
378
Ballentine Partners
Massachusetts
$232K +$255K +3,918 New
PAG
379
Private Advisor Group
New Jersey
$231K +$353K +5,435 New
PM
380
Parametrica Management
Hong Kong
$222K -$252K -3,874 -51%
LS
381
Livforsakringsbolaget Skandia
Sweden
$216K -$760K -11,700 -76%
AP
382
Advisor Partners
California
$214K +$17.1K +263 +8%
TMAM
383
Tokio Marine Asset Management
Japan
$212K -$76.9K -1,183 -25%
Pacer Advisors
384
Pacer Advisors
Pennsylvania
$209K +$7.15K +110 +3%
KIA
385
KCM Investment Advisors
California
$207K -$2.6K -40 -1%
Federated Hermes
386
Federated Hermes
Pennsylvania
$207K +$174K +2,681 +328%
DILIC
387
Dai-ichi Life Insurance Company
Japan
$203K -$40.1K -617 -15%
CIAN
388
Capstone Investment Advisors (Netherlands)
New York
$197K -$25.3K -389 -10%
ST
389
Smithfield Trust
Pennsylvania
$192K
CPA
390
Clear Perspective Advisors
Illinois
$185K -$133K -2,050 -40%
IA
391
IFP Advisors
Florida
$176K -$24K -369 -11%
SO
392
STRS Ohio
Ohio
$162K
FIB
393
First Interstate Bank
Montana
$156K -$79.6K -1,225 -32%
GXMC
394
Global X Management Company
New York
$148K +$11K +169 +7%
CAW
395
Cornerstone Advisors (Washington)
Washington
$147K -$1.75K -27 -1%
ClearBridge Investments
396
ClearBridge Investments
New York
$141K -$71.6M -1,102,667 -100%
QI
397
QS Investors
New York
$137K
MFW
398
Mosaic Family Wealth
Missouri
$136K
YWP
399
YorkBridge Wealth Partners
New York
$133K -$1.49K -23 -1%
WAM
400
Wealthspire Advisors (Maryland)
Maryland
$124K +$3.18K +49 +2%

KMX Hedge Fund Activity: Q1 2017 in Review

468 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q1 2017, worth a combined $11.9B — down 9.5% from $13.1B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new KMX positions and 46 closed out — a net gain of 6 holders — while 140 added to existing stakes and 201 trimmed.

The largest buyer was BlackRock, adding an estimated $699M. The largest seller was Primecap Management, cutting an estimated $127M.

  • 468 institutional investors held CarMax (KMX) as of Q1 2017, down from 471 in Q4 2016.
  • Funds reported $11.9B of CarMax stock for Q1 2017, down 9.5% quarter-over-quarter.
  • 52 funds opened new CarMax positions in Q1 2017 and 46 closed out, a net change of +6 holders.
  • The largest CarMax buyer in Q1 2017 was BlackRock, an estimated $699M added.
  • The largest CarMax seller in Q1 2017 was Primecap Management, an estimated $127M sold.

Based on aggregated 13F filings for Q1 2017.