We are live on ! Find out more

534 hedge funds and large institutions have $13.6B invested in CarMax in 2018 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 161 increasing their positions, 210 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 44

1% more capital invested

Capital invested by funds: $13.4B → $13.6B (+$176M)

0% less funds holding

Funds holding: 536534 (-2)

0.73% less ownership

Funds ownership: 104.36%103.62% (-0.73%)

21% less funds holding in top 10

Funds holding in top 10: 2822 (-6)

23% less repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 210

51% less call options, than puts

Call options by funds: $60.6M | Put options by funds: $123M

Holders
534
Holders Change
-2
Holders Change %
-0.37%
% of All Funds
12.21%
Holding in Top 10
22
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-21.43%
% of All Funds
0.5%
New
46
Increased
161
Reduced
210
Closed
44
Calls
$60.6M
Puts
$123M
Net Calls
-$62.8M
Net Calls Change
-$184M
Name Holding Trade Value Shares
Change
Change in
Stake
AC
51
Avenir Corporation
Virginia
$51.9M -$1.37M -17,910 -3%
Holocene Advisors
52
Holocene Advisors
New York
$51.6M -$14.5M -190,333 -22%
WIM
53
Weitz Investment Management
Nebraska
$48.7M +$4.48M +58,720 +10%
Russell Investments Group
54
Russell Investments Group
United Kingdom
$47.3M -$2.72M -35,726 -5%
UBS AM
55
UBS AM
Illinois
$43.8M -$2.12M -27,823 -5%
Sumitomo Mitsui Trust Group
56
Sumitomo Mitsui Trust Group
Japan
$43.1M +$440K +5,764 +1%
Swiss National Bank
57
Swiss National Bank
Switzerland
$42.4M -$2.27M -29,700 -5%
OC
58
Oppenheimer & Co
New York
$38.6M -$378K -4,951 -0.9%
DnB Asset Management
59
DnB Asset Management
Norway
$38.6M -$4.55M -59,700 -10%
TA
60
Teachers Advisors
New York
$37.1M +$86.1K +1,129 +0.2%
TCAM
61
Turtle Creek Asset Management
Ontario, Canada
$36.6M +$37.4M +490,563 New
Morgan Stanley
62
Morgan Stanley
New York
$36.3M -$5.89M -77,214 -14%
PPA
63
Parametric Portfolio Associates
Washington
$36.3M +$3.78M +49,598 +11%
Barclays
64
Barclays
United Kingdom
$35.4M +$13M +170,274 +56%
SCM
65
Sirios Capital Management
Massachusetts
$35.4M +$4.83M +63,326 +15%
Baillie Gifford & Co
66
Baillie Gifford & Co
United Kingdom
$34.9M +$189K +2,480 +0.5%
DWA
67
Douglass Winthrop Advisors
New York
$34.2M +$3.82M +50,060 +12%
William Blair Investment Management
68
William Blair Investment Management
Illinois
$33.6M -$7.66M -100,421 -18%
CIC
69
Chilton Investment Company
Connecticut
$32.5M -$992K -13,001 -3%
Mitsubishi UFJ Trust & Banking
70
Mitsubishi UFJ Trust & Banking
Japan
$30.8M -$18.6M -244,119 -37%
New York State Common Retirement Fund
71
New York State Common Retirement Fund
New York
$28.9M
Canada Pension Plan Investment Board
72
Canada Pension Plan Investment Board
Ontario, Canada
$28.3M +$19.1M +249,775 +193%
First Manhattan
73
First Manhattan
New York
$28M +$25.2K +330 +0.1%
AllianceBernstein
74
AllianceBernstein
Tennessee
$27M +$2.28M +29,920 +9%
California Public Employees Retirement System
75
California Public Employees Retirement System
California
$26.4M -$5.95M -77,991 -18%

KMX Hedge Fund Activity: Q3 2018 in Review

534 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2018, worth a combined $13.6B — up 1.3% from $13.4B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new KMX positions and 44 closed out — a net gain of 2 holders — while 161 added to existing stakes and 210 trimmed.

The largest buyer was Bank of America, adding an estimated $91M. The largest seller was Harris Associates, cutting an estimated $137M.

  • 534 institutional investors held CarMax (KMX) as of Q3 2018, down from 536 in Q2 2018.
  • Funds reported $13.6B of CarMax stock for Q3 2018, up 1.3% quarter-over-quarter.
  • 46 funds opened new CarMax positions in Q3 2018 and 44 closed out, a net change of +2 holders.
  • The largest CarMax buyer in Q3 2018 was Bank of America, an estimated $91M added.
  • The largest CarMax seller in Q3 2018 was Harris Associates, an estimated $137M sold.

Based on aggregated 13F filings for Q3 2018.