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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
CGA
526
Crescent Grove Advisors
Illinois
$301K
TCM
527
Tran Capital Management
California
$300K +$322K +2,300 New
SC
528
SouthState Corp
Florida
$296K -$20.2K -144 -6%
Cerity Partners
529
Cerity Partners
New York
$294K +$312K +2,227 New
AP
530
Advisor Partners
California
$291K -$21.3K -152 -6%
BFM
531
Boothbay Fund Management
New York
$290K +$312K +2,225 New
AAP
532
Arax Advisory Partners
Colorado
$285K +$7.42K +53 +2%
ZIM
533
Zacks Investment Management
Illinois
$284K -$1.88M -13,411 -86%
WWM
534
Western Wealth Management
Colorado
$280K +$301K +2,153 New
LS
535
Livforsakringsbolaget Skandia
Sweden
$279K
AIP
536
Ameritas Investment Partners
Nebraska
$277K -$17.4K -124 -6%
SLAM
537
Swiss Life Asset Management
$276K
CFGS
538
Concourse Financial Group Securities
Alabama
$275K +$50.3K +359 +20%
BPA
539
Beacon Pointe Advisors
California
$270K +$21.8K +156 +8%
TMAM
540
Tokio Marine Asset Management
Japan
$269K +$19.2K +137 +7%
Bank Julius Baer & Co
541
Bank Julius Baer & Co
Switzerland
$268K -$40K -286 -12%
WSFS
542
Wilmington Savings Fund Society
Delaware
$268K
BFA
543
Buttonwood Financial Advisors
Maryland
$267K +$287K +2,050 New
SF
544
SBK Financial
Virginia
$267K +$287K +2,050 New
Cetera Investment Advisers
545
Cetera Investment Advisers
Illinois
$266K +$9.52K +68 +3%
PFS
546
Prospera Financial Services
Texas
$266K +$286K +2,042 New
Koshinski Asset Management
547
Koshinski Asset Management
Illinois
$265K +$16.9K +121 +6%
VI
548
Vestcor Inc
New Brunswick, Canada
$262K -$55K -393 -16%
FTDI
549
First Trust Direct Indexing
Massachusetts
$262K +$41K +293 +17%
FIM
550
Fruth Investment Management
Texas
$260K

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.