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680 hedge funds and large institutions have $19.9B invested in CarMax in 2021 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 236 increasing their positions, 231 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 50

2% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 231

0% more funds holding

Funds holding: 677680 (+3)

2% less capital invested

Capital invested by funds: $20.3B → $19.9B (-$416M)

1.21% less ownership

Funds ownership: 96.5%95.28% (-1.2%)

11% less funds holding in top 10

Funds holding in top 10: 2724 (-3)

26% less call options, than puts

Call options by funds: $198M | Put options by funds: $269M

Holders
680
Holders Change
+3
Holders Change %
+0.44%
% of All Funds
11.9%
Holding in Top 10
24
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-11.11%
% of All Funds
0.42%
New
63
Increased
236
Reduced
231
Closed
50
Calls
$198M
Puts
$269M
Net Calls
-$71M
Net Calls Change
-$89.6M
Name Holding Trade Value Shares
Change
Change in
Stake
ESBC
76
E.S. Barr & Co
Kentucky
$35.7M -$1.67M -12,573 -4%
National Pension Service
77
National Pension Service
South Korea
$33.9M +$1.51M +11,331 +4%
AllianceBernstein
78
AllianceBernstein
Tennessee
$33.3M +$5.63M +42,289 +19%
RhumbLine Advisers
79
RhumbLine Advisers
Massachusetts
$33.2M -$960K -7,215 -3%
BA
80
Bridgewater Associates
Connecticut
$31.8M +$9.81M +73,677 +42%
Amundi
81
Amundi
France
$29.9M +$701K +5,267 +2%
SL
82
Summitry LLC
California
$29.5M +$129K +967 +0.4%
Marshall Wace
83
Marshall Wace
United Kingdom
$29.5M +$9.52M +71,556 +45%
First Trust Advisors
84
First Trust Advisors
Illinois
$29.2M +$806K +6,056 +3%
CS
85
Credit Suisse
Switzerland
$28.1M -$1.66M -12,469 -5%
Barclays
86
Barclays
United Kingdom
$27.7M -$2.14M -16,117 -7%
State Board of Administration of Florida Retirement System
87
State Board of Administration of Florida Retirement System
Florida
$27.5M -$1.13M -8,464 -4%
ONB
88
Old National Bancorp
Indiana
$24.9M -$1.25M -9,405 -5%
UBS Group
89
UBS Group
Switzerland
$23.7M +$3.01M +22,630 +14%
VIM
90
Vancity Investment Management
British Columbia, Canada
$23.5M +$9.94M +74,715 +69%
Bank of Montreal
91
Bank of Montreal
Ontario, Canada
$23.3M -$527K -3,961 -2%
New York State Teachers Retirement System (NYSTRS)
92
New York State Teachers Retirement System (NYSTRS)
New York
$22.7M -$259K -1,944 -1%
LM
93
Lansing Management
New York
$21.5M +$1.4M +10,525 +7%
TFM
94
TPI Fund Managers
United Kingdom
$19.6M +$7.58M +56,995 +59%
RJA
95
Raymond James & Associates
Florida
$19.5M +$569K +4,272 +3%
Prudential Financial
96
Prudential Financial
New Jersey
$19M -$152K -1,144 -0.8%
Canada Life
97
Canada Life
Manitoba, Canada
$19M +$1.22M +9,160 +7%
FFA
98
First Foundation Advisors
California
$18.5M +$864K +6,491 +5%
Ameriprise
99
Ameriprise
Minnesota
$17.8M -$3.92M -29,453 -18%
FCMC
100
Founders Capital Management (Connecticut)
Connecticut
$17.6M -$76.3K -573 -0.4%

KMX Hedge Fund Activity: Q3 2021 in Review

680 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2021, worth a combined $19.9B — down 2% from $20.3B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new KMX positions and 50 closed out — a net gain of 13 holders — while 236 added to existing stakes and 231 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $99.1M. The largest seller was JP Morgan Chase, cutting an estimated $109M.

  • 680 institutional investors held CarMax (KMX) as of Q3 2021, up from 677 in Q2 2021.
  • Funds reported $19.9B of CarMax stock for Q3 2021, down 2% quarter-over-quarter.
  • 63 funds opened new CarMax positions in Q3 2021 and 50 closed out, a net change of +13 holders.
  • The largest CarMax buyer in Q3 2021 was Manulife (Manufacturers Life Insurance), an estimated $99.1M added.
  • The largest CarMax seller in Q3 2021 was JP Morgan Chase, an estimated $109M sold.

Based on aggregated 13F filings for Q3 2021.