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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
EWM
601
Elmwood Wealth Management
California
$172K +$185K +1,319 New
SIM
602
Sentry Investment Management
Wisconsin
$164K
Carson Wealth (CWM LLC)
603
Carson Wealth (CWM LLC)
Nebraska
$157K +$168K +1,203 New
ETC
604
Exchange Traded Concepts
Oklahoma
$153K +$113K +810 +221%
APP
605
Alpha Paradigm Partners
Illinois
$147K -$312K -2,230 -66%
APA
606
American Portfolios Advisors
New York
$133K
AWA
607
Amplius Wealth Advisors
Pennsylvania
$129K +$139K +991 New
Loomis, Sayles & Company
608
Loomis, Sayles & Company
Massachusetts
$128K -$3.08K -22 -2%
QCG
609
Quadrant Capital Group
Ohio
$128K +$20.9K +149 +18%
BAM
610
Belpointe Asset Management
Nevada
$128K +$138K +985 New
CFA
611
Carroll Financial Associates
North Carolina
$113K -$71.4K -510 -36%
CA
612
Clearstead Advisors
Ohio
$109K -$39.2K -280 -25%
DMBA
613
Deseret Mutual Benefit Administrators
Utah
$107K
TCOV
614
Trust Company of Vermont
Vermont
$104K +$112K +800 New
GA
615
GraniteShares Advisors
New York
$98K +$106K +760 New
DGAM
616
Desjardins Global Asset Management
Quebec, Canada
$97K +$104K +745 New
GLLW
617
Graves Light Lenhart Wealth
Virginia
$96K
PCM
618
Penserra Capital Management
California
$94K +$18.6K +133 +23%
HNB
619
Huntington National Bank
Ohio
$93K -$2.1K -15 -2%
WPWM
620
Western Pacific Wealth Management
Illinois
$91K +$98K +700 New
FHA
621
First Horizon Advisors
Tennessee
$84K +$16.5K +118 +22%
MW
622
Milestone Wealth
New York
$80K +$86.3K +616 New
FCA
623
FinTrust Capital Advisors
South Carolina
$78K
HDIM
624
Hanson & Doremus Investment Management
Vermont
$76K
WT
625
Washington Trust
Rhode Island
$75K -$5.74K -41 -7%

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.