728 hedge funds and large institutions have $10.7B invested in CarMax in 2025 Q2 according to their latest regulatory filings, with 105 funds opening new positions, 260 increasing their positions, 275 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

10% less first-time investments, than exits

New positions opened: 105 | Existing positions closed: 117

12% less capital invested

Capital invested by funds: $12.2B → $10.7B (-$1.46B)

41% less funds holding in top 10

Funds holding in top 10: 2213 (-9)

Holders
728
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
13
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$184M
Puts
$108M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
476
$340K
477
$337K
478
$336K
479
$336K
480
$336K
481
$328K
482
$328K
483
$327K
484
$327K
485
$324K
486
$324K
487
$323K
488
$323K
489
$319K
490
$319K
491
$317K
492
$317K
493
$316K
494
$314K
495
$313K
496
$313K
497
$310K
498
$306K
499
$297K
500
$296K