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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
Korea Investment Corp
426
Korea Investment Corp
South Korea
$163K +$31.5K +413 +23%
TA
427
Townsend & Associates
Colorado
$159K +$24K +315 +17%
CAPTRUST Financial Advisors
428
CAPTRUST Financial Advisors
North Carolina
$155K
Fifth Third Bancorp
429
Fifth Third Bancorp
Ohio
$155K +$1.07K +14 +0.7%
YWP
430
YorkBridge Wealth Partners
New York
$151K -$3.43K -45 -2%
RIM
431
Rampart Investment Management
Connecticut
$148K -$17.6K -231 -5%
AOWM
432
Alpha Omega Wealth Management
Virginia
$141K
JFA
433
JNBA Financial Advisors
Minnesota
$141K +$140K +1,834 +3,527%
ST
434
Smithfield Trust
Pennsylvania
$130K -$10.6K -139 -7%
WVP
435
Worth Venture Partners
New Jersey
$129K -$421K -5,519 -76%
SCM
436
Southport Capital Management
Tennessee
$123K +$126K +1,652 New
LS
437
Livforsakringsbolaget Skandia
Sweden
$115K -$183K -2,400 -61%
ARMT
438
Amica Retiree Medical Trust
Rhode Island
$114K
VIM
439
Veritas Investment Management
United Kingdom
$112K
Carson Wealth (CWM LLC)
440
Carson Wealth (CWM LLC)
Nebraska
$108K +$79.9K +1,048 +266%
FPFS
441
First Personal Financial Services
North Carolina
$107K +$20.8K +273 +24%
CCM
442
Covington Capital Management
California
$106K -$38.1K -500 -26%
HNB
443
Huntington National Bank
Ohio
$105K -$22K -288 -17%
FIB
444
First Interstate Bank
Montana
$101K -$3.89K -51 -4%
SWM
445
SeaCrest Wealth Management
New York
$100K +$30.5K +400 +42%
CGT
446
Capital Guardian Trust
California
$98K +$100K +1,314 New
Bessemer Group
447
Bessemer Group
New Jersey
$89K
AAP
448
Arax Advisory Partners
Colorado
$87K +$534 +7 +0.6%
MFW
449
Mosaic Family Wealth
Missouri
$83K
NFG
450
Next Financial Group
Texas
$80K +$81.2K +1,065 New

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.