We are live on ! Find out more

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
CAM
426
Cresset Asset Management
Illinois
$544K -$225K -1,693 -29%
BFA
427
Beacon Financial Advisory
Ohio
$542K
EI
428
Ethic Inc
New York
$542K +$107K +804 +23%
CFA
429
Camarda Financial Advisors
Florida
$541K +$563K +4,230 New
ESCM
430
Echo Street Capital Management
New York
$541K +$563K +4,231 New
MHIC
431
Marble Harbor Investment Counsel
Massachusetts
$537K
GJIC
432
Gamble Jones Investment Counsel
California
$525K
MWM
433
Marietta Wealth Management
Georgia
$525K
KRSITF
434
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$524K -$20.4K -153 -4%
ACS
435
Archford Capital Strategies
Illinois
$524K +$98.2K +738 +22%
HR
436
Hardy Reed
Mississippi
$521K -$20.6K -155 -4%
Dodge & Cox
437
Dodge & Cox
California
$518K
Verition Fund Management
438
Verition Fund Management
Connecticut
$515K +$536K +4,024 New
PLFAM
439
Pineno Levin & Ford Asset Management
Virginia
$512K
BBVA
440
Banco Bilbao Vizcaya Argentaria
Spain
$511K +$8.92K +67 +2%
PHK
441
Point72 Hong Kong
Hong Kong
$502K +$522K +3,922 New
DWA
442
Douglass Winthrop Advisors
New York
$500K -$23.3K -175 -4%
CIC
443
Chilton Investment Company
Connecticut
$496K -$92K -691 -15%
VCM
444
Virtue Capital Management
Tennessee
$493K -$14.9K -112 -3%
AWM
445
Apollon Wealth Management
South Carolina
$493K +$512K +3,851 New
Wolverine Trading
446
Wolverine Trading
Illinois
$489K -$143K -1,073 -24%
BOM
447
Bank of Marin
California
$482K
FDCDDQ
448
Federation des caisses Desjardins du Quebec
Quebec, Canada
$482K -$74.5K -560 -13%
DSA
449
Davis Selected Advisers
Arizona
$481K
SXL
450
Summit X LLC
Missouri
$476K +$5.32K +40 +1%

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.