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516 hedge funds and large institutions have $11.7B invested in CarMax in 2017 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 178 increasing their positions, 184 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 50

7% more funds holding

Funds holding: 484516 (+32)

8% more call options, than puts

Call options by funds: $142M | Put options by funds: $131M

3% less repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 184

6.77% less ownership

Funds ownership: 108.06%101.29% (-6.8%)

21% less capital invested

Capital invested by funds: $14.9B → $11.7B (-$3.17B)

36% less funds holding in top 10

Funds holding in top 10: 2516 (-9)

Holders
516
Holders Change
+32
Holders Change %
+6.61%
% of All Funds
11.7%
Holding in Top 10
16
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-36%
% of All Funds
0.36%
New
82
Increased
178
Reduced
184
Closed
50
Calls
$142M
Puts
$131M
Net Calls
+$10.8M
Net Calls Change
-$26.3M
Name Holding Trade Value Shares
Change
Change in
Stake
GWM
451
Geneos Wealth Management
Colorado
$39K -$3.28K -46 -7%
GLI
452
Guardian Life Insurance
New York
$38K +$12.5K +175 +42%
SFSIG
453
San Francisco Sentry Investment Group
California
$38K +$39.2K +550 +1,375%
VFA
454
Valeo Financial Advisors
Indiana
$37K +$17.3K +242 +72%
WCM
455
Whitener Capital Management
North Carolina
$32K +$36K +505 New
DCM
456
Dupont Capital Management
Delaware
$31K +$34.4K +482 New
SIC
457
Salem Investment Counselors
North Carolina
$30K
ASN
458
Advisory Services Network
Georgia
$30K +$10.8K +152 +48%
FFC
459
First Financial Corp
Indiana
$29K
TWA
460
TCI Wealth Advisors
Arizona
$29K
MA
461
MUFG Americas
New York
$29K +$32.4K +454 New
NIM
462
NuWave Investment Management
New Jersey
$27K +$30.4K +426 New
NIT
463
NumerixS Investment Technologies
British Columbia, Canada
$26K -$193K -2,700 -87%
SLF
464
Sun Life Financial
Ontario, Canada
$26K -$67.2K -942 -70%
Carson Wealth (CWM LLC)
465
Carson Wealth (CWM LLC)
Nebraska
$25K -$13.4K -188 -32%
PCP
466
Proficio Capital Partners
Massachusetts
$22K -$856 -12 -3%
WAP
467
Wealthcare Advisory Partners
Pennsylvania
$19K +$4.64K +65 +28%
GT
468
Greenleaf Trust
Michigan
$17K
TG
469
TLP Group
Illinois
$17K +$18.5K +260 New
ARMC
470
American Research & Management Company
Massachusetts
$16K -$7.13K -100 -29%
CBOA
471
Commonwealth Bank of Australia
Australia
$16K +$6.85K +96 +53%
BTIS
472
BB&T Investment Services
North Carolina
$15K +$8.92K +125 +119%
APA
473
American Portfolios Advisors
New York
$14K +$15.6K +219 New
QCG
474
Quadrant Capital Group
Ohio
$14K
ZB
475
Zions Bancorporation
Utah
$14K +$1.43K +20 +10%

KMX Hedge Fund Activity: Q4 2017 in Review

516 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q4 2017, worth a combined $11.7B — down 21% from $14.9B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new KMX positions and 50 closed out — a net gain of 32 holders — while 178 added to existing stakes and 184 trimmed.

The largest buyer was OppenheimerFunds, adding an estimated $273M. The largest seller was Baillie Gifford & Co, cutting an estimated $361M.

  • 516 institutional investors held CarMax (KMX) as of Q4 2017, up from 484 in Q3 2017.
  • Funds reported $11.7B of CarMax stock for Q4 2017, down 21% quarter-over-quarter.
  • 82 funds opened new CarMax positions in Q4 2017 and 50 closed out, a net change of +32 holders.
  • The largest CarMax buyer in Q4 2017 was OppenheimerFunds, an estimated $273M added.
  • The largest CarMax seller in Q4 2017 was Baillie Gifford & Co, an estimated $361M sold.

Based on aggregated 13F filings for Q4 2017.