We are live on ! Find out more
KMX icon

CarMax
KMX

677 hedge funds and large institutions have $20.3B invested in CarMax in 2021 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 247 increasing their positions, 217 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 247 | Existing positions reduced: 217

13% more call options, than puts

Call options by funds: $165M | Put options by funds: $147M

1.9% more ownership

Funds ownership: 94.59% → 96.5% (+1.9%)

0% less capital invested

Capital invested by funds: $20.4B → $20.3B (-$76M)

3% less funds holding

Funds holding: 697 → 677 (-20)

16% less funds holding in top 10

Funds holding in top 10: 32 → 27 (-5)

20% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 79

Holders
677
Holders Change
-20
Holders Change %
-2.87%
% of All Funds
11.78%
Holding in Top 10
27
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-15.63%
% of All Funds
0.47%
New
63
Increased
247
Reduced
217
Closed
79
Calls
$165M
Puts
$147M
Net Calls
+$18.6M
Net Calls Change
+$51.2M

Top Buyers

1
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$222M
2
TPI
Tesco Pension Investment
United Kingdom
+$92.8M
3
Wellington Management Group
Wellington Management Group
Massachusetts
+$69.7M
4
JP Morgan Chase
JP Morgan Chase
New York
+$65.2M
5
Bank of America
Bank of America
North Carolina
+$53.4M

Top Sellers

1
TP
Third Point
New York
-$146M
2
SAM
Scopus Asset Management
New York
-$79.6M
3
Citadel Advisors
Citadel Advisors
Florida
-$77.6M
4
Primecap Management
Primecap Management
California
-$62.3M
5
SO
STRS Ohio
Ohio
-$36.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
LWM
676
Liberty Wealth Management
California
$1K – – –
PP
677
Pacifica Partners
Canada
$1K +$1.24K +10 New
BBHC
678
Brown Brothers Harriman & Co
New York
$4 -$31K -251 -90%
TP
679
Third Point
New York
– -$146M -1,100,000 Closed
SAM
680
Scopus Asset Management
New York
– -$79.6M -600,000 Closed
CCM
681
Candlestick Capital Management
Connecticut
– -$31.1M -234,479 Closed
SCA
682
Southpoint Capital Advisors
New York
– -$26.5M -200,000 Closed
Balyasny Asset Management
683
Balyasny Asset Management
Illinois
– -$16M -120,753 Closed
Voloridge Investment Management
684
Voloridge Investment Management
Florida
– -$9.45M -71,257 Closed
GAMA
685
Graticule Asia Macro Advisors
New York
– -$8.76M -66,000 Closed
CC
686
Cipher Capital
New York
– -$5.11M -38,492 Closed
TFCM
687
Taylor Frigon Capital Management
Arizona
– -$4.85M -36,527 Closed
BCM
688
Bayesian Capital Management
New York
– -$3.98M -30,000 Closed
MCM
689
Moore Capital Management
New York
– -$3.32M -25,033 Closed
Qube Research & Technologies (QRT)
690
Qube Research & Technologies (QRT)
United Kingdom
– -$2.97M -22,357 Closed
Caisse de Depot et Placement du Quebec (CDPQ)
691
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
– -$2.89M -21,774 Closed
PCM
692
Portolan Capital Management
Massachusetts
– -$2.75M -20,715 Closed
SM
693
Sciencast Management
New Jersey
– -$2.49M -19,525 Closed
AWM
694
AE Wealth Management
Kansas
– -$2.49M -18,799 Closed
QIM
695
Quantitative Investment Management
Virginia
– -$2.43M -18,349 Closed
TIM
696
Thornburg Investment Management
New Mexico
– -$2.21M -16,647 Closed
CIC
697
Carnegie Investment Counsel
Ohio
– -$1.29M -9,720 Closed
CA
698
Capitolis Advisors
New York
– -$1.26M -9,502 Closed
QC
699
Quadrature Capital
United Kingdom
– -$1.22M -9,204 Closed
QT
700
Quantbot Technologies
New York
– -$1.22M -9,186 Closed
26 27
28
29 30

KMX Hedge Fund Activity: Q2 2021 in Review

677 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q2 2021, worth a combined $20.3B — down 0.37% from $20.4B a quarter earlier.

Sellers outnumbered buyers: 79 funds closed out of KMX and 63 opened new positions — a net loss of 16 holders — while 217 trimmed existing stakes and 247 added.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $222M. The largest seller was Third Point, exiting entirely with an estimated $146M sold.

  • 677 institutional investors held CarMax (KMX) as of Q2 2021, down from 697 in Q1 2021.
  • Funds reported $20.3B of CarMax stock for Q2 2021, down 0.37% quarter-over-quarter.
  • 63 funds opened new CarMax positions in Q2 2021 and 79 closed out, a net change of -16 holders.
  • The largest CarMax buyer in Q2 2021 was Manulife (Manufacturers Life Insurance), an estimated $222M added.
  • The largest CarMax seller in Q2 2021 was Third Point, an estimated $146M sold.

Based on aggregated 13F filings for Q2 2021.