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735 hedge funds and large institutions have $19.7B invested in CarMax in 2021 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 236 increasing their positions, 256 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 55

8% more funds holding

Funds holding: 680735 (+55)

1.05% more ownership

Funds ownership: 95.28%96.33% (+1%)

1% less capital invested

Capital invested by funds: $19.9B → $19.7B (-$132M)

8% less repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 256

8% less funds holding in top 10

Funds holding in top 10: 2422 (-2)

13% less call options, than puts

Call options by funds: $168M | Put options by funds: $192M

Holders
735
Holders Change
+55
Holders Change %
+8.09%
% of All Funds
11.31%
Holding in Top 10
22
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.33%
% of All Funds
0.34%
New
116
Increased
236
Reduced
256
Closed
55
Calls
$168M
Puts
$192M
Net Calls
-$24.7M
Net Calls Change
+$46.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Ohio Public Employees Retirement System (OPERS)
126
Ohio Public Employees Retirement System (OPERS)
Ohio
$11.6M -$405K -2,889 -3%
Tudor Investment Corp
127
Tudor Investment Corp
Connecticut
$11.6M +$12.5M +89,132 New
MPWT
128
MassMutual Private Wealth & Trust
Connecticut
$11.5M +$623K +4,448 +5%
Mackenzie Financial
129
Mackenzie Financial
Ontario, Canada
$11.4M -$3.76M -26,873 -23%
Mitsubishi UFJ Trust & Banking
130
Mitsubishi UFJ Trust & Banking
Japan
$11.4M -$1.03M -7,361 -8%
LWIC
131
Leith Wheeler Investment Counsel
British Columbia, Canada
$11.4M +$126K +900 +1%
AIMCA
132
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$10.7M -$3.49M -24,900 -23%
LRIC
133
Long Road Investment Counsel
Michigan
$10.3M -$966K -6,900 -8%
Toronto Dominion Bank
134
Toronto Dominion Bank
Ontario, Canada
$10.1M -$584K -4,170 -5%
VOYA Investment Management
135
VOYA Investment Management
Georgia
$10.1M -$788K -5,627 -7%
State of Wisconsin Investment Board
136
State of Wisconsin Investment Board
Wisconsin
$10M -$205K -1,462 -2%
Russell Investments Group
137
Russell Investments Group
United Kingdom
$9.93M +$197K +1,409 +2%
PAMS
138
Pictet Asset Management (Switzerland)
Switzerland
$9.83M -$293K -2,094 -3%
Mitsubishi UFJ Asset Management
139
Mitsubishi UFJ Asset Management
Japan
$9.73M +$1.38M +9,872 +15%
Nisa Investment Advisors
140
Nisa Investment Advisors
Missouri
$9.61M -$1.59M -11,335 -12%
Susquehanna International Group
141
Susquehanna International Group
Pennsylvania
$9.51M +$7.17M +51,186 +235%
SL
142
SIB LLC
New York
$9.37M
BCM
143
Banyan Capital Management
Georgia
$9.28M -$842K -6,015 -8%
BO
144
BRR OpCo
Ohio
$9.26M -$2.86M -20,401 -22%
Victory Capital Management
145
Victory Capital Management
Texas
$9.21M -$24.5K -175 -0.2%
Asset Management One
146
Asset Management One
Japan
$9.19M -$23.8K -170 -0.2%
Citigroup
147
Citigroup
New York
$9.13M -$2.65M -18,897 -21%
Fidelity Investments
148
Fidelity Investments
Massachusetts
$8.73M +$209K +1,493 +2%
BAMCO Inc
149
BAMCO Inc
New York
$8.52M -$22.7K -162 -0.2%
TU
150
TDAM USA
Ontario, Canada
$8.38M +$1.94M +13,871 +27%

KMX Hedge Fund Activity: Q4 2021 in Review

735 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q4 2021, worth a combined $19.7B — down 0.67% from $19.9B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new KMX positions and 55 closed out — a net gain of 61 holders — while 236 added to existing stakes and 256 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $589M. The largest seller was Wellington Management Group, cutting an estimated $134M.

  • 735 institutional investors held CarMax (KMX) as of Q4 2021, up from 680 in Q3 2021.
  • Funds reported $19.7B of CarMax stock for Q4 2021, down 0.67% quarter-over-quarter.
  • 116 funds opened new CarMax positions in Q4 2021 and 55 closed out, a net change of +61 holders.
  • The largest CarMax buyer in Q4 2021 was Capital Research Global Investors, an estimated $589M added.
  • The largest CarMax seller in Q4 2021 was Wellington Management Group, an estimated $134M sold.

Based on aggregated 13F filings for Q4 2021.