744 hedge funds and large institutions have $12.2B invested in CarMax in 2025 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 259 increasing their positions, 281 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

1.89% less ownership

Funds ownership: 103.71%101.82% (-1.9%)

8% less funds holding in top 10

Funds holding in top 10: 2422 (-2)

9% less capital invested

Capital invested by funds: $13.3B → $12.2B (-$1.15B)

Holders
744
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
22
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$237M
Puts
$140M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MML Investors Services
76
MML Investors Services
Massachusetts
$24.3M
AAM
77
Aureus Asset Management
Massachusetts
$23.8M
JGC
78
J. Goldman & Co
New York
$23.6M
FCIM
79
Fairview Capital Investment Management
California
$23.1M
Mitsubishi UFJ Asset Management
80
Mitsubishi UFJ Asset Management
Japan
$21.5M
BNP Paribas Financial Markets
81
BNP Paribas Financial Markets
France
$21.4M
MP
82
Makaira Partners
California
$21.2M
Adage Capital Partners
83
Adage Capital Partners
Massachusetts
$21M
WorldQuant Millennium Advisors
84
WorldQuant Millennium Advisors
New York
$20.7M
CIM
85
Courant Investment Management
Tennessee
$19.3M
California Public Employees Retirement System
86
California Public Employees Retirement System
California
$18.7M
HSBC Holdings
87
HSBC Holdings
United Kingdom
$18.6M
AC
88
Avenir Corporation
Virginia
$17.7M
NC
89
Nixon Capital
Texas
$17.7M
LPL Financial
90
LPL Financial
California
$17.5M
Bank of Montreal
91
Bank of Montreal
Ontario, Canada
$17.3M
California State Teachers Retirement System (CalSTRS)
92
California State Teachers Retirement System (CalSTRS)
California
$17.2M
CSIC
93
Clifford Swan Investment Counsel
California
$17.1M
T. Rowe Price Associates
94
T. Rowe Price Associates
Maryland
$17.1M
PFMOSF
95
Philadelphia Financial Management of San Francisco
California
$16.4M
Manulife (Manufacturers Life Insurance)
96
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$16.1M
ACM
97
AKRE Capital Management
Virginia
$16M
OC
98
Oppenheimer & Co
New York
$15.2M
ONB
99
Old National Bancorp
Indiana
$15.1M
AllianceBernstein
100
AllianceBernstein
Tennessee
$15.1M