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735 hedge funds and large institutions have $19.7B invested in CarMax in 2021 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 236 increasing their positions, 256 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 55

8% more funds holding

Funds holding: 680735 (+55)

1.05% more ownership

Funds ownership: 95.28%96.33% (+1%)

1% less capital invested

Capital invested by funds: $19.9B → $19.7B (-$132M)

8% less repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 256

8% less funds holding in top 10

Funds holding in top 10: 2422 (-2)

13% less call options, than puts

Call options by funds: $168M | Put options by funds: $192M

Holders
735
Holders Change
+55
Holders Change %
+8.09%
% of All Funds
11.31%
Holding in Top 10
22
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.33%
% of All Funds
0.34%
New
116
Increased
236
Reduced
256
Closed
55
Calls
$168M
Puts
$192M
Net Calls
-$24.7M
Net Calls Change
+$46.3M
Name Holding Trade Value Shares
Change
Change in
Stake
VAS
451
Vestmark Advisory Solutions
Massachusetts
$491K +$7.7K +55 +1%
DSA
452
Davis Selected Advisers
Arizona
$490K
YC
453
Yarbrough Capital
Tennessee
$489K +$526K +3,758 New
GD
454
Grandfield & Dodd
New York
$480K
SP
455
Symmetry Partners
Connecticut
$478K
CCP
456
Corient Capital Partners
California
$478K +$22.4K +160 +5%
CI
457
Cigna Investments
Connecticut
$477K -$186K -1,330 -27%
AG
458
Ascent Group
Virginia
$472K +$612K +4,369 New
KC
459
Kinloch Capital
Virginia
$470K
KAS
460
Kestra Advisory Services
Texas
$469K -$206K -1,470 -29%
RG
461
Rathbones Group
United Kingdom
$469K
BP
462
Ballentine Partners
Massachusetts
$468K +$4.2K +30 +0.8%
AUB
463
Atlantic Union Bankshares
Virginia
$461K -$1.82K -13 -0.4%
PCA
464
Personal Capital Advisors
California
$457K -$106K -758 -18%
CCFCSB
465
Cape Cod Five Cents Savings Bank
Massachusetts
$456K -$280 -2 -0.1%
EWA
466
Encompass Wealth Advisors
Oregon
$456K
PA
467
Profund Advisors
Maryland
$447K +$36.1K +258 +8%
CG
468
Cutler Group
California
$445K -$645K -4,606 -57%
LNWWM
469
Laird Norton Wetherby Wealth Management
California
$445K +$4.34K +31 +0.9%
TC
470
TownSquare Capital
Utah
$445K +$479K +3,420 New
TF
471
Trek Financial
Arizona
$444K +$56K +400 +13%
GT
472
Greenleaf Trust
Michigan
$441K +$21K +150 +5%
PFGIA
473
Patriot Financial Group Insurance Agency
Massachusetts
$441K +$53.2K +380 +13%
QC
474
Quadrature Capital
United Kingdom
$439K +$472K +3,368 New
LBC
475
Lowe Brockenbrough & Co
Virginia
$437K

KMX Hedge Fund Activity: Q4 2021 in Review

735 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q4 2021, worth a combined $19.7B — down 0.67% from $19.9B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new KMX positions and 55 closed out — a net gain of 61 holders — while 236 added to existing stakes and 256 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $589M. The largest seller was Wellington Management Group, cutting an estimated $134M.

  • 735 institutional investors held CarMax (KMX) as of Q4 2021, up from 680 in Q3 2021.
  • Funds reported $19.7B of CarMax stock for Q4 2021, down 0.67% quarter-over-quarter.
  • 116 funds opened new CarMax positions in Q4 2021 and 55 closed out, a net change of +61 holders.
  • The largest CarMax buyer in Q4 2021 was Capital Research Global Investors, an estimated $589M added.
  • The largest CarMax seller in Q4 2021 was Wellington Management Group, an estimated $134M sold.

Based on aggregated 13F filings for Q4 2021.