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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
SPIA
551
Steward Partners Investment Advisory
New York
$259K +$35K +250 +14%
MYAM
552
Meiji Yasuda Asset Management
Japan
$255K +$29.4K +210 +12%
FC
553
Financial Consulate
Maryland
$255K +$30.7K +219 +13%
DT
554
Diversified Trust
Tennessee
$255K +$274K +1,956 New
BAM
555
Berkshire Asset Management
Pennsylvania
$252K
AWAP
556
Alliance Wealth Advisors (Pennsylvania)
Pennsylvania
$252K +$44K +314 +19%
HTC
557
Haverford Trust Company
Pennsylvania
$248K +$37.8K +270 +17%
OSAM
558
O'Shaughnessy Asset Management
Connecticut
$248K +$39.6K +283 +17%
SAM
559
S.A. Mason
Michigan
$247K
YMRC
560
Yorktown Management & Research Company
Virginia
$246K
DWT
561
Dorsey & Whitney Trust
South Dakota
$243K +$9.1K +65 +4%
RC
562
RegentAtlantic Capital
New Jersey
$242K +$23.8K +170 +10%
MWM
563
Modera Wealth Management
New Jersey
$242K +$261K +1,861 New
CA
564
Cetera Advisors
Colorado
$237K +$255K +1,818 New
CI
565
Conning Inc
Connecticut
$235K -$30.5K -218 -11%
HPIA
566
Hamilton Point Investment Advisors
North Carolina
$234K
WC
567
Woodstock Corp
Massachusetts
$234K
TCOO
568
Trust Company of Oklahoma
Oklahoma
$232K -$10.5K -75 -4%
CYG
569
Clean Yield Group
Vermont
$230K
Robeco Institutional Asset Management
570
Robeco Institutional Asset Management
Netherlands
$229K -$2.44M -17,453 -91%
RJT
571
Raymond James Trust
Florida
$228K -$980 -7 -0.4%
IC
572
IEQ Capital
California
$227K +$244K +1,741 New
FPWM
573
FSB Premier Wealth Management
Iowa
$227K +$244K +1,746 New
CT
574
Columbia Trust
Oregon
$226K
EFS
575
Essex Financial Services
Connecticut
$225K

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.