CarMax
585 hedge funds and large institutions have $14.8B invested in CarMax in 2019 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 183 increasing their positions, 217 reducing their positions, and 63 closing their positions.
3% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 63
1% more capital invested
Capital invested by funds: $14.7B → $14.8B (+$140M)
0% more funds holding
Funds holding: 585 → 585 (0)
0.15% less ownership
Funds ownership: 102.28% → 102.13% (-0.15%)
3% less funds holding in top 10
Funds holding in top 10: 38 → 37 (-1)
16% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 217
32% less call options, than puts
Call options by funds: $110M | Put options by funds: $161M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$190M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$60.2M |
| 3 |
Goldman Sachs
New York
|
+$51M |
| 4 |
Renaissance Technologies
New York
|
+$39.8M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$128M |
| 2 |
Millennium Management
New York
|
-$51.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$42.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.9M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$33.4M |
KMX Hedge Fund Activity: Q3 2019 in Review
585 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2019, worth a combined $14.8B — up 0.96% from $14.7B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new KMX positions and 63 closed out — a net gain of 2 holders — while 183 added to existing stakes and 217 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $190M. The largest seller was Holocene Advisors, exiting entirely with an estimated $128M sold.
- 585 institutional investors held CarMax (KMX) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $14.8B of CarMax stock for Q3 2019, up 0.96% quarter-over-quarter.
- 65 funds opened new CarMax positions in Q3 2019 and 63 closed out, a net change of +2 holders.
- The largest CarMax buyer in Q3 2019 was Janus Henderson Group, an estimated $190M added.
- The largest CarMax seller in Q3 2019 was Holocene Advisors, an estimated $128M sold.
Based on aggregated 13F filings for Q3 2019.