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680 hedge funds and large institutions have $19.9B invested in CarMax in 2021 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 236 increasing their positions, 231 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 50

2% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 231

0% more funds holding

Funds holding: 677680 (+3)

2% less capital invested

Capital invested by funds: $20.3B → $19.9B (-$416M)

1.21% less ownership

Funds ownership: 96.5%95.28% (-1.2%)

11% less funds holding in top 10

Funds holding in top 10: 2724 (-3)

26% less call options, than puts

Call options by funds: $198M | Put options by funds: $269M

Holders
680
Holders Change
+3
Holders Change %
+0.44%
% of All Funds
11.9%
Holding in Top 10
24
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-11.11%
% of All Funds
0.42%
New
63
Increased
236
Reduced
231
Closed
50
Calls
$198M
Puts
$269M
Net Calls
-$71M
Net Calls Change
-$89.6M
Name Holding Trade Value Shares
Change
Change in
Stake
CFD
626
Creative Financial Designs
Indiana
$19K
HWA
627
HHM Wealth Advisors
Tennessee
$19K
EWM
628
Evermay Wealth Management
Virginia
$17K
FQ
629
First Quadrant
California
$17K
SWA
630
SOA Wealth Advisors
New York
$16K
AssetMark Inc
631
AssetMark Inc
California
$14K +$11.3K +85 +304%
AF
632
Allworth Financial
California
$14K +$11.8K +89 +371%
AP
633
Arlington Partners
Alabama
$13K
BWL
634
Bogart Wealth LLC
Virginia
$13K
Nisa Investment Advisors
635
Nisa Investment Advisors
Missouri
$12.5K
EARNEST Partners
636
EARNEST Partners
Georgia
$12K
FFA
637
Freedman Financial Associates
Massachusetts
$12K
LB
638
Legacy Bridge
Iowa
$12K
FMII
639
Farmers & Merchants Investments Inc
Nebraska
$12K +$532 +4 +4%
GWS
640
Glassman Wealth Services
Virginia
$12K +$1.73K +13 +15%
KIG
641
Kowal Investment Group
Wisconsin
$12K +$12.8K +96 New
BEI
642
Benjamin Edwards Inc
Missouri
$12K +$12.9K +97 New
SWA
643
Sutton Wealth Advisors
Florida
$11.4K +$266 +2 +2%
ARMC
644
American Research & Management Company
Massachusetts
$10K
WPA
645
West Paces Advisors
Georgia
$9.6K
ZB
646
Zions Bancorporation
Utah
$9K -$133 -1 -1%
CWM
647
Cranbrook Wealth Management
Michigan
$9K +$2K +15 +28%
TWA
648
TCI Wealth Advisors
Arizona
$8K +$5.72K +43 +187%
TFO
649
Tarbox Family Office
California
$7K
MCM
650
MV Capital Management
Maryland
$7K +$4.26K +32 +168%

KMX Hedge Fund Activity: Q3 2021 in Review

680 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2021, worth a combined $19.9B — down 2% from $20.3B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new KMX positions and 50 closed out — a net gain of 13 holders — while 236 added to existing stakes and 231 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $99.1M. The largest seller was JP Morgan Chase, cutting an estimated $109M.

  • 680 institutional investors held CarMax (KMX) as of Q3 2021, up from 677 in Q2 2021.
  • Funds reported $19.9B of CarMax stock for Q3 2021, down 2% quarter-over-quarter.
  • 63 funds opened new CarMax positions in Q3 2021 and 50 closed out, a net change of +13 holders.
  • The largest CarMax buyer in Q3 2021 was Manulife (Manufacturers Life Insurance), an estimated $99.1M added.
  • The largest CarMax seller in Q3 2021 was JP Morgan Chase, an estimated $109M sold.

Based on aggregated 13F filings for Q3 2021.