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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
CI
401
Cigna Investments
Connecticut
$638K -$13.3K -100 -2%
BTWM
402
Baker Tilly Wealth Management
Wisconsin
$637K +$102K +767 +18%
ST
403
Smithfield Trust
Pennsylvania
$633K
N
404
Natixis
France
$623K -$292K -2,193 -31%
HIS
405
Harvest Investment Services
Illinois
$617K +$78.5K +590 +14%
TRCT
406
Tower Research Capital (TRC)
New York
$614K +$133K +996 +26%
GRP
407
Global Retirement Partners
California
$612K +$7.19K +54 +1%
BMSSC
408
B. Metzler seel. Sohn & Co
Germany
$601K -$44.2K -332 -7%
WAM
409
World Asset Management
Michigan
$599K -$26.7K -201 -4%
IRF
410
IBM Retirement Fund
New York
$596K +$3.59K +27 +0.6%
RCA
411
Resonant Capital Advisors
Wisconsin
$591K +$118K +884 +24%
Fifth Third Bancorp
412
Fifth Third Bancorp
Ohio
$584K +$96.4K +724 +19%
SCA
413
Snowden Capital Advisors
New York
$583K +$16K +120 +3%
CB
414
Commerce Bank
Missouri
$581K +$80.1K +602 +15%
XF
415
XML Financial
Maryland
$579K +$49.2K +370 +9%
GC
416
Gilbert & Cook
Iowa
$577K +$14K +105 +2%
CWM
417
Connecticut Wealth Management
Connecticut
$575K +$598K +4,496 New
LWCFA
418
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$573K -$3.73K -28 -0.6%
WP
419
WMS Partners
Maryland
$567K +$143K +1,076 +32%
RA
420
Royce & Associates
New York
$563K +$306K +2,300 +110%
SLWA
421
San Luis Wealth Advisors
California
$561K +$583K +4,382 New
Acadian Asset Management
422
Acadian Asset Management
Massachusetts
$560K +$583K +4,378 New
LA
423
Latitude Advisors
Florida
$549K +$285K +2,145 +100%
PCA
424
Personal Capital Advisors
California
$546K +$22.8K +171 +4%
IMRF
425
Illinois Municipal Retirement Fund
Illinois
$545K

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.