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680 hedge funds and large institutions have $19.9B invested in CarMax in 2021 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 236 increasing their positions, 231 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 50

2% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 231

0% more funds holding

Funds holding: 677680 (+3)

2% less capital invested

Capital invested by funds: $20.3B → $19.9B (-$416M)

1.21% less ownership

Funds ownership: 96.5%95.28% (-1.2%)

11% less funds holding in top 10

Funds holding in top 10: 2724 (-3)

26% less call options, than puts

Call options by funds: $198M | Put options by funds: $269M

Holders
680
Holders Change
+3
Holders Change %
+0.44%
% of All Funds
11.9%
Holding in Top 10
24
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-11.11%
% of All Funds
0.42%
New
63
Increased
236
Reduced
231
Closed
50
Calls
$198M
Puts
$269M
Net Calls
-$71M
Net Calls Change
-$89.6M
Name Holding Trade Value Shares
Change
Change in
Stake
CT
376
Clearstead Trust
Maine
$871K -$107K -805 -11%
BF
377
BOK Financial
Oklahoma
$858K +$892K +6,701 New
AWM
378
Accurate Wealth Management
Florida
$832K -$250K -1,882 -29%
WF
379
WoodTrust Financial
Wisconsin
$821K +$492K +3,700 +136%
SW
380
SVB Wealth
Massachusetts
$808K +$42.7K +321 +5%
TAM
381
Tocqueville Asset Management
New York
$805K
GWM
382
Geneos Wealth Management
Colorado
$795K +$41.7K +313 +5%
OPS
383
Orion Portfolio Solutions
Nebraska
$795K +$209K +1,568 +34%
BFM
384
Boston Financial Management
Massachusetts
$786K
OAM
385
Oppenheimer Asset Management
New York
$773K +$9.05K +68 +1%
PAS
386
Park Avenue Securities
New York
$770K +$103K +774 +15%
NSEDCP
387
NJ State Employees Deferred Compensation Plan
New Jersey
$768K
KPWS
388
Kestra Private Wealth Services
Texas
$764K +$794K +5,969 New
WSTAM
389
Wilbanks Smith & Thomas Asset Management
Virginia
$742K
ET
390
Equitable Trust
Tennessee
$738K -$71.1K -534 -8%
HighTower Advisors
391
HighTower Advisors
Illinois
$734K +$149K +1,120 +24%
NICM
392
Neo Ivy Capital Management
New York
$724K +$1.08M +8,083 New
SAM
393
Seelaus Asset Management
New Jersey
$705K
MCM
394
Manchester Capital Management
Vermont
$699K
CFA
395
Capstone Financial Advisors
Illinois
$691K
DADC
396
D.A. Davidson & Co
Montana
$653K
KA
397
Kintegral Advisory
New York
$650K
NAM
398
NorthCoast Asset Management
Connecticut
$650K
KAS
399
Kestra Advisory Services
Texas
$649K -$852K -6,401 -56%
BNP Paribas Asset Management
400
BNP Paribas Asset Management
France
$647K -$35.9K -270 -5%

KMX Hedge Fund Activity: Q3 2021 in Review

680 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2021, worth a combined $19.9B — down 2% from $20.3B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new KMX positions and 50 closed out — a net gain of 13 holders — while 236 added to existing stakes and 231 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $99.1M. The largest seller was JP Morgan Chase, cutting an estimated $109M.

  • 680 institutional investors held CarMax (KMX) as of Q3 2021, up from 677 in Q2 2021.
  • Funds reported $19.9B of CarMax stock for Q3 2021, down 2% quarter-over-quarter.
  • 63 funds opened new CarMax positions in Q3 2021 and 50 closed out, a net change of +13 holders.
  • The largest CarMax buyer in Q3 2021 was Manulife (Manufacturers Life Insurance), an estimated $99.1M added.
  • The largest CarMax seller in Q3 2021 was JP Morgan Chase, an estimated $109M sold.

Based on aggregated 13F filings for Q3 2021.