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404 hedge funds and large institutions have $14.3B invested in CarMax in 2014 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 122 increasing their positions, 170 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 921 (+12)

115% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 27

41% more capital invested

Capital invested by funds: $10.2B → $14.3B (+$4.13B)

7% more funds holding

Funds holding: 377404 (+27)

0.95% more ownership

Funds ownership: 102.13%103.08% (+0.95%)

28% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 170

34% less call options, than puts

Call options by funds: $95.5M | Put options by funds: $144M

Holders
404
Holders Change
+27
Holders Change %
+7.16%
% of All Funds
10.78%
Holding in Top 10
21
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+133.33%
% of All Funds
0.56%
New
58
Increased
122
Reduced
170
Closed
27
Calls
$95.5M
Puts
$144M
Net Calls
-$48.3M
Net Calls Change
+$12.9M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
76
RhumbLine Advisers
Massachusetts
$20M -$219K -3,957 -1%
RG
77
Rathbones Group
United Kingdom
$18.8M -$222K -4,000 -1%
Prudential Financial
78
Prudential Financial
New Jersey
$18.7M -$531K -9,570 -3%
MTB
79
Mizuho Trust & Banking
Japan
$18.6M +$234K +4,211 +2%
GPCM
80
Greenbrier Partners Capital Management
Texas
$18.4M
SIMG
81
Stephens Investment Management Group
Texas
$17.9M +$24.7K +445 +0.2%
BJ
82
BlackRock Japan
Japan
$17.8M +$1.34M +24,210 +10%
BCMNY
83
Buckingham Capital Management (New York)
New York
$17.6M -$2.22M -40,000 -13%
HCM
84
Howland Capital Management
Massachusetts
$17.3M +$91.9K +1,658 +0.6%
PPA
85
Parametric Portfolio Associates
Washington
$15.2M -$2.42M -43,661 -16%
TA
86
Teachers Advisors
New York
$14.2M +$286K +5,155 +2%
Swiss National Bank
87
Swiss National Bank
Switzerland
$13.6M -$455K -8,200 -4%
NC
88
Nicholas Company
Wisconsin
$13.3M -$834K -15,035 -7%
AH
89
Achievement Holdings
Illinois
$13.3M +$11.1M +200,000 New
BCIM
90
British Columbia Investment Management
British Columbia, Canada
$12.3M +$2.45M +44,214 +31%
HSBC Holdings
91
HSBC Holdings
United Kingdom
$11.5M +$1.5M +27,062 +19%
State of Wisconsin Investment Board
92
State of Wisconsin Investment Board
Wisconsin
$11.4M +$3.32M +59,810 +53%
Chevy Chase Trust
93
Chevy Chase Trust
Maryland
$10.9M -$246K -4,441 -3%
VOYA Investment Management
94
VOYA Investment Management
Georgia
$10.3M -$641K -11,559 -7%
Morgan Stanley
95
Morgan Stanley
New York
$9.72M -$2.36M -42,626 -23%
JP Morgan Chase
96
JP Morgan Chase
New York
$9.7M -$8.25M -148,709 -51%
Macquarie Group
97
Macquarie Group
Australia
$9.55M -$1.59M -28,610 -17%
FCM
98
Force Capital Management
New York
$9.42M +$1.14M +20,575 +17%
EA
99
Euclid Advisors
Connecticut
$9.21M +$366K +6,600 +5%
First Trust Advisors
100
First Trust Advisors
Illinois
$9.13M -$16.9M -304,703 -69%

KMX Hedge Fund Activity: Q4 2014 in Review

404 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q4 2014, worth a combined $14.3B — up 41% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new KMX positions and 27 closed out — a net gain of 31 holders — while 122 added to existing stakes and 170 trimmed.

The largest buyer was Bain Capital Public Equity Management, opening a new position worth an estimated $110M. The largest seller was T. Rowe Price Associates, cutting an estimated $185M.

  • 404 institutional investors held CarMax (KMX) as of Q4 2014, up from 377 in Q3 2014.
  • Funds reported $14.3B of CarMax stock for Q4 2014, up 41% quarter-over-quarter.
  • 58 funds opened new CarMax positions in Q4 2014 and 27 closed out, a net change of +31 holders.
  • The largest CarMax buyer in Q4 2014 was Bain Capital Public Equity Management, an estimated $110M added.
  • The largest CarMax seller in Q4 2014 was T. Rowe Price Associates, an estimated $185M sold.

Based on aggregated 13F filings for Q4 2014.