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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
MSFP
651
Mark Sheptoff Financial Planning
Connecticut
$26K
LC
652
Lindbrook Capital
California
$24K
AF
653
Allworth Financial
California
$24K +$9.8K +70 +62%
FAM
654
Fred Alger Management
New York
$23K +$24.6K +176 New
CHC
655
City Holding Co
West Virginia
$22K
AssetMark Inc
656
AssetMark Inc
California
$20K +$5.32K +38 +34%
TCM
657
Tradewinds Capital Management
Washington
$20K +$21K +150 New
HWA
658
HHM Wealth Advisors
Tennessee
$19K
MAM
659
Mystic Asset Management
Rhode Island
$19K +$21K +150 New
CFO
660
CVA Family Office
Colorado
$18K +$18.9K +135 New
FQ
661
First Quadrant
California
$17K
SWA
662
SOA Wealth Advisors
New York
$16K
LWA
663
Lenox Wealth Advisors
New York
$16K +$17.1K +122 New
BEI
664
Benjamin Edwards Inc
Missouri
$15K +$2.24K +16 +16%
CCM
665
Chilton Capital Management
Texas
$15K +$15.7K +112 New
GWS
666
Glassman Wealth Services
Virginia
$14K +$1.54K +11 +11%
HPC
667
HM Payson & Co
Maine
$13K -$56K -400 -80%
BWL
668
Bogart Wealth LLC
Virginia
$13K
LB
669
Legacy Bridge
Iowa
$13K
ACM
670
Aquatic Capital Management
Illinois
$13K +$14K +100 New
TSWM
671
Tyler-Stone Wealth Management
Ohio
$13K +$14.1K +101 New
DFCM
672
Dark Forest Capital Management
Puerto Rico
$12K -$96.3K -688 -88%
FMII
673
Farmers & Merchants Investments Inc
Nebraska
$12K -$560 -4 -4%
EARNEST Partners
674
EARNEST Partners
Georgia
$12K
FFA
675
Freedman Financial Associates
Massachusetts
$12K

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.