726 hedge funds and large institutions have $10.8B invested in CarMax in 2025 Q2 according to their latest regulatory filings, with 104 funds opening new positions, 260 increasing their positions, 274 reducing their positions, and 116 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

10% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 116

12% less capital invested

Capital invested by funds: $12.2B → $10.8B (-$1.45B)

41% less funds holding in top 10

Funds holding in top 10: 2213 (-9)

Holders
726
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
13
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$184M
Puts
$108M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
STB
651
S&T Bank
Pennsylvania
$8.74K
UB
652
UMB Bank
Missouri
$8.54K
MAM
653
Meeder Asset Management
Ohio
$8.33K
CA
654
CoreCap Advisors
Michigan
$8.13K
NWM
655
Nova Wealth Management
Florida
$8.06K
JFGIW
656
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$7.93K
RA
657
Rise Advisors
New York
$7.73K
RIL
658
Rothschild Investment LLC
Illinois
$7.39K
FMII
659
Farmers & Merchants Investments Inc
Nebraska
$7.33K
WTC
660
WhitTier Trust Company
Nevada
$7.26K
IBOK
661
Independence Bank of Kentucky
Kentucky
$6.99K
HI
662
Harbour Investments
Wisconsin
$6.72K
FFO
663
Fortitude Family Office
Arizona
$6.59K
TC
664
Truvestments Capital
Florida
$6.38K
Walleye Capital
665
Walleye Capital
New York
$6.05K
PWMG
666
Private Wealth Management Group
New Jersey
$5.98K
CWA
667
Carolina Wealth Advisors
South Carolina
$5.98K
CT
668
Clearstead Trust
Maine
$4.84K
GC
669
Garde Capital
Washington
$4.71K
GBT
670
Grove Bank & Trust
Florida
$4.1K
FHA
671
First Horizon Advisors
Tennessee
$3.56K
ME
672
McIlrath & Eck
Washington
$3.56K
KFI
673
Key Financial Inc
Pennsylvania
$3.16K
SO
674
Sierra Ocean
California
$2.82K
AAP
675
Arax Advisory Partners
Colorado
$2.69K