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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
VAS
451
Vestmark Advisory Solutions
Massachusetts
$476K +$58.4K +439 +13%
GD
452
Grandfield & Dodd
New York
$470K
SP
453
Symmetry Partners
Connecticut
$463K -$95.2K -715 -16%
KC
454
Kinloch Capital
Virginia
$462K
RG
455
Rathbones Group
United Kingdom
$461K
BP
456
Ballentine Partners
Massachusetts
$457K +$1.46K +11 +0.3%
AUB
457
Atlantic Union Bankshares
Virginia
$455K +$2.66K +20 +0.6%
CCP
458
Corient Capital Partners
California
$449K +$21.4K +161 +5%
CCFCSB
459
Cape Cod Five Cents Savings Bank
Massachusetts
$448K +$266 +2 +0.1%
EWA
460
Encompass Wealth Advisors
Oregon
$447K -$240K -1,800 -34%
LNWWM
461
Laird Norton Wetherby Wealth Management
California
$433K -$5.72K -43 -1%
FNBT
462
FineMark National Bank & Trust
Florida
$430K +$3.33K +25 +0.7%
APP
463
Alpha Paradigm Partners
Illinois
$430K +$327K +2,454 +271%
LBC
464
Lowe Brockenbrough & Co
Virginia
$429K +$446K +3,352 New
VPIM
465
Vanguard Personalized Indexing Management
California
$426K +$67.3K +506 +18%
SAM
466
Summit Asset Management
Tennessee
$420K
GT
467
Greenleaf Trust
Michigan
$414K +$8.12K +61 +2%
SBIA
468
Sheaff Brock Investment Advisors
Indiana
$411K
JFL
469
Jarislowsky, Fraser Ltd
Quebec, Canada
$408K
PA
470
Profund Advisors
Maryland
$406K -$78.4K -589 -16%
KA
471
Klingman & Associates
New York
$401K -$21.8K -164 -5%
CCM
472
Canal Capital Management
Virginia
$399K +$19.6K +147 +5%
PWW
473
Pettyjohn Wood & White
Virginia
$393K -$3.33K -25 -0.8%
S
474
SignatureFD
Georgia
$386K -$216K -1,622 -35%
TF
475
Trek Financial
Arizona
$385K +$59.9K +450 +18%

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.