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534 hedge funds and large institutions have $13.6B invested in CarMax in 2018 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 161 increasing their positions, 210 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 44

1% more capital invested

Capital invested by funds: $13.4B → $13.6B (+$176M)

0% less funds holding

Funds holding: 536534 (-2)

0.73% less ownership

Funds ownership: 104.36%103.62% (-0.73%)

21% less funds holding in top 10

Funds holding in top 10: 2822 (-6)

23% less repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 210

51% less call options, than puts

Call options by funds: $60.6M | Put options by funds: $123M

Holders
534
Holders Change
-2
Holders Change %
-0.37%
% of All Funds
12.21%
Holding in Top 10
22
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-21.43%
% of All Funds
0.5%
New
46
Increased
161
Reduced
210
Closed
44
Calls
$60.6M
Puts
$123M
Net Calls
-$62.8M
Net Calls Change
-$184M
Name Holding Trade Value Shares
Change
Change in
Stake
CCT
401
Country Club Trust
Missouri
$257K +$11.4K +150 +5%
KRSITF
402
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$249K -$1.45K -19 -0.6%
LNWWM
403
Laird Norton Wetherby Wealth Management
California
$248K
JCM
404
Jacobi Capital Management
Pennsylvania
$246K
1WA
405
180 Wealth Advisors
Washington
$246K +$251K +3,293 New
AIP
406
Ameritas Investment Partners
Nebraska
$242K -$15.3K -201 -6%
FIA
407
Foundations Investment Advisors
Arizona
$240K +$10.4K +137 +4%
SBIA
408
Sheaff Brock Investment Advisors
Indiana
$231K
SGCA
409
Steel Grove Capital Advisors
Tennessee
$231K
GRP
410
Global Retirement Partners
California
$229K -$3.51K -46 -1%
CIBC Private Wealth Group
411
CIBC Private Wealth Group
Georgia
$226K
FA
412
Fortis Advisors
Pennsylvania
$224K
IRF
413
IBM Retirement Fund
New York
$215K -$37.6K -493 -15%
WP
414
WMS Partners
Maryland
$209K -$24.8K -325 -10%
NA
415
NewEdge Advisors
Louisiana
$202K +$206K +2,706 New
Franklin Resources
416
Franklin Resources
California
$201K -$58.7K -770 -22%
Los Angeles Capital Management
417
Los Angeles Capital Management
California
$201K +$205K +2,690 New
PHK
418
Point72 Hong Kong
Hong Kong
$198K -$462K -6,061 -70%
HWA
419
Heritage Wealth Advisors
Virginia
$192K -$49.8K -653 -20%
CAW
420
Cornerstone Advisors (Washington)
Washington
$185K +$1.37K +18 +0.7%
PCIA
421
Prime Capital Investment Advisors
Kansas
$182K -$7.63K -100 -4%
FBT
422
First Bank & Trust
South Dakota
$180K
QI
423
QS Investors
New York
$172K
ACS
424
Archford Capital Strategies
Illinois
$166K +$8.47K +111 +5%
CG
425
Cutler Group
California
$164K -$87.4K -1,146 -34%

KMX Hedge Fund Activity: Q3 2018 in Review

534 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2018, worth a combined $13.6B — up 1.3% from $13.4B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new KMX positions and 44 closed out — a net gain of 2 holders — while 161 added to existing stakes and 210 trimmed.

The largest buyer was Bank of America, adding an estimated $91M. The largest seller was Harris Associates, cutting an estimated $137M.

  • 534 institutional investors held CarMax (KMX) as of Q3 2018, down from 536 in Q2 2018.
  • Funds reported $13.6B of CarMax stock for Q3 2018, up 1.3% quarter-over-quarter.
  • 46 funds opened new CarMax positions in Q3 2018 and 44 closed out, a net change of +2 holders.
  • The largest CarMax buyer in Q3 2018 was Bank of America, an estimated $91M added.
  • The largest CarMax seller in Q3 2018 was Harris Associates, an estimated $137M sold.

Based on aggregated 13F filings for Q3 2018.