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390 hedge funds and large institutions have $9.94B invested in CarMax in 2013 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 126 increasing their positions, 159 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 39

2% more funds holding

Funds holding: 381390 (+9)

5% more call options, than puts

Call options by funds: $51.3M | Put options by funds: $48.9M

0.34% more ownership

Funds ownership: 94.51%94.85% (+0.34%)

3% less capital invested

Capital invested by funds: $10.2B → $9.94B (-$278M)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

21% less repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 159

Holders
390
Holders Change
+9
Holders Change %
+2.36%
% of All Funds
11.32%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.26%
New
51
Increased
126
Reduced
159
Closed
39
Calls
$51.3M
Puts
$48.9M
Net Calls
+$2.44M
Net Calls Change
+$29.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Sumitomo Mitsui Trust Group
51
Sumitomo Mitsui Trust Group
Japan
$27M -$1.21M -24,637 -4%
Invesco
52
Invesco
Georgia
$26.8M +$20.1M +409,708 +255%
LOAMU
53
Lombard Odier Asset Management (USA)
New York
$25.9M -$4.9M -100,000 -15%
BlackRock
54
BlackRock
New York
$25.7M +$1.27M +25,897 +5%
CS
55
Credit Suisse
Switzerland
$25.4M +$2.9M +59,133 +12%
William Blair & Company
56
William Blair & Company
Illinois
$25M -$1.09M -22,182 -4%
FCM
57
Frontier Capital Management
Massachusetts
$24.1M -$17.6M -359,905 -41%
HIM
58
Hermes Investment Management
United Kingdom
$24.1M -$813K -16,581 -3%
N
59
Nuveen
North Carolina
$23.7M +$16.5M +337,545 +203%
OC
60
Oppenheimer & Co
New York
$22.4M +$584K +11,918 +3%
RFS
61
Rockefeller Financial Services
New York
$21.8M +$70.6K +1,440 +0.3%
New York State Teachers Retirement System (NYSTRS)
62
New York State Teachers Retirement System (NYSTRS)
New York
$21.6M -$942K -19,225 -4%
Charles Schwab
63
Charles Schwab
California
$21.5M +$1.09M +22,224 +5%
Dimensional Fund Advisors
64
Dimensional Fund Advisors
Texas
$21.2M +$2.33M +47,571 +12%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$19.1M +$132K +2,700 +0.7%
GC
66
Guggenheim Capital
Illinois
$17.7M +$3.14M +63,981 +21%
NTCOC
67
Northern Trust Company of Connecticut
Connecticut
$17.7M -$72.2K -1,473 -0.4%
Nordea Investment Management
68
Nordea Investment Management
Sweden
$17.4M +$16.7M +340,003 +1,099%
JHIU
69
Janus Henderson Investors US
Colorado
$16.8M -$19.8M -402,900 -53%
State Board of Administration of Florida Retirement System
70
State Board of Administration of Florida Retirement System
Florida
$16.3M -$1.16M -23,709 -6%
RhumbLine Advisers
71
RhumbLine Advisers
Massachusetts
$16.3M -$1.04M -21,214 -6%
Bank of America
72
Bank of America
North Carolina
$15.1M +$2.82M +57,579 +22%
MAA
73
Managed Account Advisors
New Jersey
$14.8M +$265K +5,405 +2%
MTB
74
Mizuho Trust & Banking
Japan
$14.5M -$18.4K -375 -0.1%
Barclays
75
Barclays
United Kingdom
$14.4M +$4.06M +82,889 +37%

KMX Hedge Fund Activity: Q4 2013 in Review

390 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q4 2013, worth a combined $9.94B — down 2.7% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new KMX positions and 39 closed out — a net gain of 12 holders — while 126 added to existing stakes and 159 trimmed.

The largest buyer was Wells Fargo, adding an estimated $67M. The largest seller was SAC Capital Advisors, cutting an estimated $33.1M.

  • 390 institutional investors held CarMax (KMX) as of Q4 2013, up from 381 in Q3 2013.
  • Funds reported $9.94B of CarMax stock for Q4 2013, down 2.7% quarter-over-quarter.
  • 51 funds opened new CarMax positions in Q4 2013 and 39 closed out, a net change of +12 holders.
  • The largest CarMax buyer in Q4 2013 was Wells Fargo, an estimated $67M added.
  • The largest CarMax seller in Q4 2013 was SAC Capital Advisors, an estimated $33.1M sold.

Based on aggregated 13F filings for Q4 2013.