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671 hedge funds and large institutions have $11B invested in CarMax in 2023 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 258 increasing their positions, 216 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 66

19% more repeat investments, than reductions

Existing positions increased: 258 | Existing positions reduced: 216

7% more capital invested

Capital invested by funds: $10.3B → $11B (+$695M)

2% more funds holding

Funds holding: 657671 (+14)

0.09% less ownership

Funds ownership: 108.53%108.44% (-0.09%)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

68% less call options, than puts

Call options by funds: $261M | Put options by funds: $807M

Holders
671
Holders Change
+14
Holders Change %
+2.13%
% of All Funds
10.69%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.3%
New
93
Increased
258
Reduced
216
Closed
66
Calls
$261M
Puts
$807M
Net Calls
-$547M
Net Calls Change
-$429M
Name Holding Trade Value Shares
Change
Change in
Stake
PCC
526
Park Circle Company
Maryland
$193K
Carson Wealth (CWM LLC)
527
Carson Wealth (CWM LLC)
Nebraska
$189K -$3.81K -57 -2%
JFGIW
528
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$175K +$182K +2,725 New
QT
529
Quantbot Technologies
New York
$163K -$2.97M -44,422 -95%
FA
530
Fortis Advisors
Pennsylvania
$157K
BCV
531
Banque Cantonale Vaudoise
Switzerland
$152K
HI
532
Horizon Investments
North Carolina
$152K +$158K +2,361 New
CP
533
Castleview Partners
Texas
$151K -$1.67K -25 -1%
BAMF
534
BI Asset Management Fondsmaeglerselskab
Denmark
$143K +$19.1K +286 +15%
OAM
535
Ostrum Asset Management
France
$134K +$140K +2,085 New
IA
536
IFP Advisors
Florida
$131K -$122K -1,825 -49%
VWM
537
Venturi Wealth Management
Texas
$129K +$134K +2,000 New
O
538
Ossiam
France
$128K +$35.5K +531 +36%
FNBOSM
539
First National Bank of South Miami
Florida
$125K
AIP
540
Ameritas Investment Partners
Nebraska
$124K -$13.1K -195 -9%
SAM
541
S.A. Mason
Michigan
$122K
ETC
542
Exchange Traded Concepts
Oklahoma
$121K +$19.7K +295 +19%
KI
543
Kapitalo Investimentos
Brazil
$119K +$124K +1,847 New
CFGS
544
Concourse Financial Group Securities
Alabama
$117K +$2.28K +34 +2%
CYG
545
Clean Yield Group
Vermont
$113K
SC
546
SouthState Corp
Florida
$112K
AIM
547
Arcadia Investment Management
Michigan
$90K -$978K -14,609 -91%
Robeco Institutional Asset Management
548
Robeco Institutional Asset Management
Netherlands
$87K +$90.6K +1,353 New
CA
549
Clearstead Advisors
Ohio
$85.2K -$54.4K -813 -38%
SWM
550
Spire Wealth Management
Virginia
$79.5K +$25K +374 +43%

KMX Hedge Fund Activity: Q1 2023 in Review

671 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q1 2023, worth a combined $11B — up 6.7% from $10.3B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new KMX positions and 66 closed out — a net gain of 27 holders — while 258 added to existing stakes and 216 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $53.8M. The largest seller was Capital Research Global Investors, cutting an estimated $163M.

  • 671 institutional investors held CarMax (KMX) as of Q1 2023, up from 657 in Q4 2022.
  • Funds reported $11B of CarMax stock for Q1 2023, up 6.7% quarter-over-quarter.
  • 93 funds opened new CarMax positions in Q1 2023 and 66 closed out, a net change of +27 holders.
  • The largest CarMax buyer in Q1 2023 was Goldman Sachs, an estimated $53.8M added.
  • The largest CarMax seller in Q1 2023 was Capital Research Global Investors, an estimated $163M sold.

Based on aggregated 13F filings for Q1 2023.