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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
PFGIA
476
Patriot Financial Group Insurance Agency
Massachusetts
$385K +$87.7K +659 +28%
JCM
477
Jacobi Capital Management
Pennsylvania
$384K -$43.9K -330 -10%
PCC
478
Park Circle Company
Maryland
$384K +$399K +3,000 New
FA
479
FDx Advisors
Illinois
$380K -$45.2K -340 -10%
FNBOSM
480
First National Bank of South Miami
Florida
$380K -$532 -4 -0.1%
Vontobel Holding
481
Vontobel Holding
Switzerland
$380K
SPC
482
Sigma Planning Corp
Michigan
$378K +$393K +2,951 New
VI
483
Versor Investments
New York
$370K +$385K +2,892 New
PCH
484
PGIM Custom Harvest
New Jersey
$369K +$35.4K +266 +10%
BG
485
Bellevue Group
Switzerland
$365K
IA
486
IFP Advisors
Florida
$362K +$33.3K +250 +10%
IAA
487
Independent Advisor Alliance
North Carolina
$360K -$31.7K -238 -8%
KCM
488
Kathmere Capital Management
Pennsylvania
$360K
PDN
489
Pensionfund DSM Netherlands
Netherlands
$358K +$373K +2,800 New
LCM
490
Landscape Capital Management
New Jersey
$350K -$1.08M -8,108 -75%
SW
491
SteelPeak Wealth
California
$349K +$363K +2,724 New
FA
492
Fortis Advisors
Pennsylvania
$345K
BSW
493
Buckingham Strategic Wealth
Missouri
$344K +$2.13K +16 +0.6%
WANY
494
Wealthspire Advisors (New York)
New York
$335K +$54.3K +408 +18%
P
495
Pitcairn
Pennsylvania
$331K -$8.78K -66 -2%
SWM
496
Spire Wealth Management
Virginia
$323K -$106K -800 -27%
AIA
497
Avalon Investment & Advisory
Texas
$316K -$34.2K -257 -9%
STB
498
S&T Bank
Pennsylvania
$314K
II
499
Inspire Investing
Idaho
$311K -$120K -898 -27%
FBT
500
First Bank & Trust
South Dakota
$311K +$14.6K +110 +5%

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.