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534 hedge funds and large institutions have $13.6B invested in CarMax in 2018 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 161 increasing their positions, 210 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 44

1% more capital invested

Capital invested by funds: $13.4B → $13.6B (+$176M)

0% less funds holding

Funds holding: 536534 (-2)

0.73% less ownership

Funds ownership: 104.36%103.62% (-0.73%)

21% less funds holding in top 10

Funds holding in top 10: 2822 (-6)

23% less repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 210

51% less call options, than puts

Call options by funds: $60.6M | Put options by funds: $123M

Holders
534
Holders Change
-2
Holders Change %
-0.37%
% of All Funds
12.21%
Holding in Top 10
22
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-21.43%
% of All Funds
0.5%
New
46
Increased
161
Reduced
210
Closed
44
Calls
$60.6M
Puts
$123M
Net Calls
-$62.8M
Net Calls Change
-$184M
Name Holding Trade Value Shares
Change
Change in
Stake
Federated Hermes
476
Federated Hermes
Pennsylvania
$20K -$178K -2,328 -90%
CFA
477
Carroll Financial Associates
North Carolina
$20K
ARMC
478
American Research & Management Company
Massachusetts
$19K
CWA
479
Clarus Wealth Advisors
Arizona
$19K
MA
480
MCF Advisors
Kentucky
$19K
FHB
481
First Hawaiian Bank
Hawaii
$19K +$19.8K +260 New
PFBT
482
Parkside Financial Bank & Trust
Missouri
$17K
JFGIW
483
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$17K +$7.63K +100 +80%
PCP
484
Proficio Capital Partners
Massachusetts
$16K -$610 -8 -4%
FMT
485
First Mercantile Trust
Tennessee
$15K -$3.05K -40 -17%
SIM
486
Sonora Investment Management
Arizona
$15K
Capstone Investment Advisors
487
Capstone Investment Advisors
New York
$15K +$15.7K +206 New
SPIA
488
Steward Partners Investment Advisory
New York
$14K -$5.49K -72 -27%
FHA
489
Flagship Harbor Advisors
Massachusetts
$14K
TCOV
490
Trust Company of Vermont
Vermont
$14K
CIA
491
CSat Investment Advisory
Michigan
$14K +$839 +11 +6%
FAM
492
Fred Alger Management
New York
$13K +$13.6K +178 New
TC
493
Trilogy Capital
California
$12K
AF
494
Advisornet Financial
Minnesota
$11K -$1.3K -17 -10%
JA
495
JOYN Advisors
Georgia
$11K +$1.37K +18 +14%
KL
496
KWMG LLC
Kansas
$11K +$2.52K +33 +29%
CFN
497
Cordasco Financial Network
Florida
$9K
MAM
498
Meeder Asset Management
Ohio
$9K
OC
499
Oakworth Capital
Alabama
$8K
SWP
500
Stratos Wealth Partners
Ohio
$8K +$8.31K +109 New

KMX Hedge Fund Activity: Q3 2018 in Review

534 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2018, worth a combined $13.6B — up 1.3% from $13.4B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new KMX positions and 44 closed out — a net gain of 2 holders — while 161 added to existing stakes and 210 trimmed.

The largest buyer was Bank of America, adding an estimated $91M. The largest seller was Harris Associates, cutting an estimated $137M.

  • 534 institutional investors held CarMax (KMX) as of Q3 2018, down from 536 in Q2 2018.
  • Funds reported $13.6B of CarMax stock for Q3 2018, up 1.3% quarter-over-quarter.
  • 46 funds opened new CarMax positions in Q3 2018 and 44 closed out, a net change of +2 holders.
  • The largest CarMax buyer in Q3 2018 was Bank of America, an estimated $91M added.
  • The largest CarMax seller in Q3 2018 was Harris Associates, an estimated $137M sold.

Based on aggregated 13F filings for Q3 2018.