We are live on ! Find out more

378 hedge funds and large institutions have $10.3B invested in CarMax in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 140 increasing their positions, 142 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

3.43% more ownership

Funds ownership: 94.85%98.28% (+3.4%)

3% more capital invested

Capital invested by funds: $9.94B → $10.3B (+$310M)

1% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 142

4% less call options, than puts

Call options by funds: $44.4M | Put options by funds: $46.2M

3% less funds holding

Funds holding: 390378 (-12)

14% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 50

Holders
378
Holders Change
-12
Holders Change %
-3.08%
% of All Funds
10.92%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.29%
New
43
Increased
140
Reduced
142
Closed
50
Calls
$44.4M
Puts
$46.2M
Net Calls
-$1.86M
Net Calls Change
-$4.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Caisse de Depot et Placement du Quebec (CDPQ)
101
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$7.17M +$476K +10,200 +7%
DKCM
102
Davidson Kempner Capital Management
New York
$7.02M +$7.01M +150,000 New
PCC
103
Park Circle Company
Maryland
$6.95M +$6.93M +148,476 New
BA
104
BlackRock Advisors
Delaware
$6.86M -$56.9M -1,218,728 -89%
CBCM
105
Charter Bridge Capital Management
New York
$6.85M -$775K -16,600 -10%
SCM
106
Stevens Capital Management
Pennsylvania
$6.81M +$6.79M +145,420 New
MLICM
107
Metropolitan Life Insurance Company (MetLife)
New York
$6.71M -$103K -2,212 -2%
SG Americas Securities
108
SG Americas Securities
New York
$6.7M +$276K +5,906 +4%
HSBC Holdings
109
HSBC Holdings
United Kingdom
$6.48M +$1.01M +21,633 +18%
LG
110
Leuthold Group
Minnesota
$6.31M -$73.4K -1,571 -1%
Retirement Systems of Alabama
111
Retirement Systems of Alabama
Alabama
$6.27M +$34.2K +733 +0.6%
TRSOTSOK
112
Teachers Retirement System of the State of Kentucky
Kentucky
$6.12M +$614K +13,145 +11%
Canada Life
113
Canada Life
Manitoba, Canada
$5.91M +$364K +7,798 +7%
ACMM
114
Arbor Capital Management (Minnesota)
Minnesota
$5.91M +$8.17K +175 +0.1%
BCIM
115
British Columbia Investment Management
British Columbia, Canada
$5.71M -$1.8M -38,435 -24%
PAMU
116
Pictet Asset Management (UK)
United Kingdom
$5.67M -$51.4K -1,100 -0.9%
CGI
117
Caerus Global Investors
New York
$5.62M +$5.6M +120,000 New
N
118
Nuveen
North Carolina
$5.56M -$18M -385,463 -76%
Nisa Investment Advisors
119
Nisa Investment Advisors
Missouri
$5.53M
MA
120
Montag & Associates
Georgia
$5.37M +$5.36M +114,805 New
PNC Financial Services Group
121
PNC Financial Services Group
Pennsylvania
$5.2M +$977K +20,923 +23%
AIM
122
Arcadia Investment Management
Michigan
$5.16M -$3.94M -84,333 -43%
GA
123
Gagnon Advisors
New York
$5.12M
ONB
124
Old National Bancorp
Indiana
$4.82M
Susquehanna International Group
125
Susquehanna International Group
Pennsylvania
$4.7M +$339K +7,258 +8%

KMX Hedge Fund Activity: Q1 2014 in Review

378 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q1 2014, worth a combined $10.3B — up 3.1% from $9.94B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of KMX and 43 opened new positions — a net loss of 7 holders — while 142 trimmed existing stakes and 140 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $455M. The largest seller was Gilder Gagnon Howe & Co, exiting entirely with an estimated $109M sold.

  • 378 institutional investors held CarMax (KMX) as of Q1 2014, down from 390 in Q4 2013.
  • Funds reported $10.3B of CarMax stock for Q1 2014, up 3.1% quarter-over-quarter.
  • 43 funds opened new CarMax positions in Q1 2014 and 50 closed out, a net change of -7 holders.
  • The largest CarMax buyer in Q1 2014 was T. Rowe Price Associates, an estimated $455M added.
  • The largest CarMax seller in Q1 2014 was Gilder Gagnon Howe & Co, an estimated $109M sold.

Based on aggregated 13F filings for Q1 2014.