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423 hedge funds and large institutions have $14.6B invested in CarMax in 2015 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 130 increasing their positions, 180 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 34

5% more funds holding

Funds holding: 404423 (+19)

2% more capital invested

Capital invested by funds: $14.3B → $14.6B (+$320M)

0% less call options, than puts

Call options by funds: $78.4M | Put options by funds: $78.8M

0.98% less ownership

Funds ownership: 103.08%102.1% (-0.98%)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

28% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 180

Holders
423
Holders Change
+19
Holders Change %
+4.7%
% of All Funds
11.27%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.51%
New
59
Increased
130
Reduced
180
Closed
34
Calls
$78.4M
Puts
$78.8M
Net Calls
-$308K
Net Calls Change
+$48M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
151
Bank of Montreal
Ontario, Canada
$4.53M +$276K +4,230 +7%
NFA
152
Nationwide Fund Advisors
Ohio
$4.5M -$152K -2,328 -3%
GIBU
153
Gulf International Bank (UK)
United Kingdom
$4.37M
VFP
154
Verus Financial Partners
Virginia
$4.3M -$486K -7,450 -11%
RAM
155
Redmond Asset Management
Virginia
$4.18M -$181K -2,777 -4%
USAA
156
United Services Automobile Association
Texas
$4.09M +$40.2K +617 +1%
GT
157
Glenmede Trust
Pennsylvania
$4.06M +$628K +9,625 +20%
RFC
158
Russell Frank Company
Washington
$3.98M +$520K +7,977 +16%
CMBA
159
C.M. Bidwell & Associates
Hawaii
$3.98M +$3.76M +57,605 New
UBS Group
160
UBS Group
Switzerland
$3.96M +$757K +11,609 +25%
Los Angeles Capital Management
161
Los Angeles Capital Management
California
$3.94M +$3.72M +57,110 New
OPCM
162
Osborne Partners Capital Management
California
$3.84M -$188K -2,880 -5%
Comerica Bank
163
Comerica Bank
Texas
$3.81M -$3.83M -58,809 -52%
RCM
164
Riverhead Capital Management
Delaware
$3.79M -$232K -3,553 -6%
IRF
165
IBM Retirement Fund
New York
$3.78M -$5.54K -85 -0.2%
ACI
166
AMP Capital Investors
Australia
$3.71M +$84.8K +1,300 +2%
AMAL
167
Asset Management Advisors LLC
Oklahoma
$3.69M -$1.62M -24,905 -32%
Public Employees Retirement Association of Colorado
168
Public Employees Retirement Association of Colorado
Colorado
$3.63M +$11.5K +177 +0.3%
FTI
169
Fiduciary Trust International
Massachusetts
$3.6M
HPCM
170
High Pointe Capital Management
Illinois
$3.53M +$1.09M +16,670 +48%
HIMCH
171
Hartford Investment Management Co (HIMCO)
Connecticut
$3.51M -$195K -2,997 -6%
EIM
172
ExxonMobil Investment Management
Texas
$3.48M -$18.1K -277 -0.5%
AG
173
Aperio Group
California
$3.48M +$206K +3,162 +7%
AIMCA
174
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$3.46M -$1.36M -20,900 -29%
AAM
175
Aberdeen Asset Management
United Kingdom
$3.44M -$254K -3,897 -7%

KMX Hedge Fund Activity: Q1 2015 in Review

423 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q1 2015, worth a combined $14.6B — up 2.2% from $14.3B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new KMX positions and 34 closed out — a net gain of 25 holders — while 130 added to existing stakes and 180 trimmed.

The largest buyer was Point72 Asset Management, opening a new position worth an estimated $67.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $114M.

  • 423 institutional investors held CarMax (KMX) as of Q1 2015, up from 404 in Q4 2014.
  • Funds reported $14.6B of CarMax stock for Q1 2015, up 2.2% quarter-over-quarter.
  • 59 funds opened new CarMax positions in Q1 2015 and 34 closed out, a net change of +25 holders.
  • The largest CarMax buyer in Q1 2015 was Point72 Asset Management, an estimated $67.5M added.
  • The largest CarMax seller in Q1 2015 was T. Rowe Price Associates, an estimated $114M sold.

Based on aggregated 13F filings for Q1 2015.