We are live on ! Find out more

638 hedge funds and large institutions have $14.4B invested in CarMax in 2019 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 201 increasing their positions, 230 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 44

9% more funds holding

Funds holding: 585638 (+53)

2% less capital invested

Capital invested by funds: $14.8B → $14.4B (-$367M)

1.77% less ownership

Funds ownership: 102.13%100.37% (-1.8%)

8% less funds holding in top 10

Funds holding in top 10: 3734 (-3)

13% less repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 230

36% less call options, than puts

Call options by funds: $106M | Put options by funds: $166M

Holders
638
Holders Change
+53
Holders Change %
+9.06%
% of All Funds
12.57%
Holding in Top 10
34
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-8.11%
% of All Funds
0.67%
New
108
Increased
201
Reduced
230
Closed
44
Calls
$106M
Puts
$166M
Net Calls
-$60.2M
Net Calls Change
-$8.99M
Name Holding Trade Value Shares
Change
Change in
Stake
AF
576
Advisornet Financial
Minnesota
$19K -$32.9K -350 -62%
BCA
577
Berman Capital Advisors
Georgia
$19K
CFN
578
Cordasco Financial Network
Florida
$19K
OPS
579
Orion Portfolio Solutions
Nebraska
$19K +$20.7K +220 New
SIM
580
Sonora Investment Management
Arizona
$18K
TL
581
TrueWealth LLC
Georgia
$18K
CI
582
CX Institutional
Indiana
$18K +$282 +3 +2%
PCM
583
Penserra Capital Management
California
$17K +$5.08K +54 +40%
ZB
584
Zions Bancorporation
Utah
$16K -$1.13K -12 -6%
FCB
585
First Command Bank
Texas
$14K
FCFS
586
First Command Financial Services
Texas
$14K
PFBT
587
Parkside Financial Bank & Trust
Missouri
$14K +$1.79K +19 +14%
MAM
588
Meeder Asset Management
Ohio
$13K
CA
589
CXI Advisors
Indiana
$13K +$14.2K +151 New
SL
590
Salomon & Ludwin
Virginia
$11K
SLF
591
Sun Life Financial
Ontario, Canada
$9K -$3.58K -38 -28%
BWL
592
Bogart Wealth LLC
Virginia
$9K -$1.69K -18 -15%
SPIA
593
Steward Partners Investment Advisory
New York
$9K
LC
594
Lindbrook Capital
California
$9K +$1.22K +13 +15%
CFG
595
Citizens Financial Group
Rhode Island
$9K +$6.68K +71 +222%
1W
596
1776 Wealth
Georgia
$9K +$10.1K +107 New
EWM
597
EPG Wealth Management
Georgia
$9K +$10.1K +107 New
PFGIA
598
Patriot Financial Group Insurance Agency
Massachusetts
$9K +$10.2K +108 New
AWM
599
Avior Wealth Management
Nebraska
$8K
EARNEST Partners
600
EARNEST Partners
Georgia
$8K

KMX Hedge Fund Activity: Q4 2019 in Review

638 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q4 2019, worth a combined $14.4B — down 2.5% from $14.8B a quarter earlier.

Buyers outnumbered sellers: 108 funds opened new KMX positions and 44 closed out — a net gain of 64 holders — while 201 added to existing stakes and 230 trimmed.

The largest buyer was Truist Financial, adding an estimated $79.7M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $176M.

  • 638 institutional investors held CarMax (KMX) as of Q4 2019, up from 585 in Q3 2019.
  • Funds reported $14.4B of CarMax stock for Q4 2019, down 2.5% quarter-over-quarter.
  • 108 funds opened new CarMax positions in Q4 2019 and 44 closed out, a net change of +64 holders.
  • The largest CarMax buyer in Q4 2019 was Truist Financial, an estimated $79.7M added.
  • The largest CarMax seller in Q4 2019 was Ruane, Cunniff & Goldfarb, an estimated $176M sold.

Based on aggregated 13F filings for Q4 2019.