We are live on ! Find out more

457 hedge funds and large institutions have $12.9B invested in CarMax in 2017 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 171 increasing their positions, 168 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

161% more call options, than puts

Call options by funds: $600M | Put options by funds: $230M

19% more funds holding in top 10

Funds holding in top 10: 2125 (+4)

8% more capital invested

Capital invested by funds: $11.9B → $12.9B (+$1.01B)

2.46% more ownership

Funds ownership: 107.07%109.53% (+2.5%)

2% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 168

2% less funds holding

Funds holding: 468457 (-11)

15% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 53

Holders
457
Holders Change
-11
Holders Change %
-2.35%
% of All Funds
11.39%
Holding in Top 10
25
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+19.05%
% of All Funds
0.62%
New
45
Increased
171
Reduced
168
Closed
53
Calls
$600M
Puts
$230M
Net Calls
+$370M
Net Calls Change
+$12.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$111M -$238K -3,946 -0.2%
DDC
27
DF Dent & Co
Maryland
$98.8M +$5.95M +98,480 +7%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$88.3M -$6.65M -110,068 -7%
WM
29
WS Management
Florida
$84M -$18.1M -300,000 -18%
William Blair Investment Management
30
William Blair Investment Management
Illinois
$84M +$32.1M +531,937 +67%
SP
31
Sarasin & Partners
United Kingdom
$75.1M -$7.2M -119,242 -9%
Dimensional Fund Advisors
32
Dimensional Fund Advisors
Texas
$74.4M +$1.21M +20,047 +2%
AC
33
Avenir Corporation
Virginia
$71M -$1.1M -18,208 -2%
Russell Investments Group
34
Russell Investments Group
United Kingdom
$69.3M +$13.9M +229,364 +26%
WF
35
Welch & Forbes
Massachusetts
$69.2M +$162K +2,690 +0.2%
Mitsubishi UFJ Trust & Banking
36
Mitsubishi UFJ Trust & Banking
Japan
$67.4M -$1.02M -16,858 -2%
Bank of America
37
Bank of America
North Carolina
$63.9M +$632K +10,456 +1%
Wells Fargo
38
Wells Fargo
California
$63.3M +$18M +298,286 +42%
Norges Bank
39
Norges Bank
Norway
$60.9M -$7.66M -126,725 -12%
LCM
40
Laurion Capital Management
New York
$60.9M +$47M +778,557 +417%
IC
41
Immersion Capital
United Kingdom
$60.3M +$12.4M +205,000 +27%
Legal & General Group
42
Legal & General Group
United Kingdom
$58.4M +$1.11M +18,364 +2%
MIH
43
Madison Investment Holdings
Wisconsin
$57.3M -$298K -4,934 -0.5%
GC
44
Giverny Capital
Quebec, Canada
$56.8M +$1.97M +32,689 +4%
FAM
45
Fenimore Asset Management
New York
$55.4M +$1.51K +25 +0%
OC
46
Oppenheimer & Co
New York
$55.1M +$352K +5,822 +0.7%
Kovitz Investment Group Partners
47
Kovitz Investment Group Partners
Illinois
$50.8M +$1.12M +18,490 +2%
William Blair & Company
48
William Blair & Company
Illinois
$47.9M +$6.6M +109,245 +17%
MAMU
49
Marathon Asset Management (UK)
United Kingdom
$47.6M +$18.5M +306,901 +69%
Nomura Holdings
50
Nomura Holdings
Japan
$44.8M +$31.3M +518,834 +270%

KMX Hedge Fund Activity: Q2 2017 in Review

457 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q2 2017, worth a combined $12.9B — up 8.5% from $11.9B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of KMX and 45 opened new positions — a net loss of 8 holders — while 168 trimmed existing stakes and 171 added.

The largest buyer was Nordea Investment Management, adding an estimated $115M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $79.2M sold.

  • 457 institutional investors held CarMax (KMX) as of Q2 2017, down from 468 in Q1 2017.
  • Funds reported $12.9B of CarMax stock for Q2 2017, up 8.5% quarter-over-quarter.
  • 45 funds opened new CarMax positions in Q2 2017 and 53 closed out, a net change of -8 holders.
  • The largest CarMax buyer in Q2 2017 was Nordea Investment Management, an estimated $115M added.
  • The largest CarMax seller in Q2 2017 was Alyeska Investment Group, an estimated $79.2M sold.

Based on aggregated 13F filings for Q2 2017.