726 hedge funds and large institutions have $10.8B invested in CarMax in 2025 Q2 according to their latest regulatory filings, with 104 funds opening new positions, 260 increasing their positions, 274 reducing their positions, and 116 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

10% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 116

12% less capital invested

Capital invested by funds: $12.2B → $10.8B (-$1.45B)

41% less funds holding in top 10

Funds holding in top 10: 2213 (-9)

Holders
726
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
13
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$184M
Puts
$108M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MOS
401
MGO One Seven
Ohio
$599K
PAS
402
Park Avenue Securities
New York
$568K
KAS
403
Kestra Advisory Services
Texas
$563K
WG
404
Winton Group
United Kingdom
$562K
NB
405
Norinchukin Bank
Japan
$562K
Fifth Third Bancorp
406
Fifth Third Bancorp
Ohio
$544K
CIEC
407
Crédit Industriel et Commercial
France
$542K
LSERS
408
Louisiana State Employees Retirement System
Louisiana
$538K
BFM
409
Boothbay Fund Management
New York
$534K
SAM
410
Securian Asset Management
Minnesota
$533K
BAM
411
Beaumont Asset Management
Texas
$520K
SLAML
412
Swiss Life Asset Management Ltd
$519K
RP
413
Riverwater Partners
Wisconsin
$516K
EI
414
Ethic Inc
New York
$506K
EW
415
Evoke Wealth
California
$503K
OPWM
416
Oregon Pacific Wealth Management
Oregon
$502K
NMERB
417
New Mexico Educational Retirement Board
New Mexico
$489K
CPIG
418
Chicago Partners Investment Group
Illinois
$489K
VCA
419
Verdence Capital Advisors
Maryland
$486K
MSRPS
420
Maryland State Retirement & Pension System
Maryland
$486K
WWC
421
Waypoint Wealth Counsel
Georgia
$483K
A
422
AlphaQuest
New York
$482K
Allspring Global Investments
423
Allspring Global Investments
North Carolina
$480K
EC
424
EntryPoint Capital
New York
$479K
HWA
425
Heritage Wealth Advisors
Virginia
$469K