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534 hedge funds and large institutions have $13.6B invested in CarMax in 2018 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 161 increasing their positions, 210 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 44

1% more capital invested

Capital invested by funds: $13.4B → $13.6B (+$176M)

0% less funds holding

Funds holding: 536534 (-2)

0.73% less ownership

Funds ownership: 104.36%103.62% (-0.73%)

21% less funds holding in top 10

Funds holding in top 10: 2822 (-6)

23% less repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 210

51% less call options, than puts

Call options by funds: $60.6M | Put options by funds: $123M

Holders
534
Holders Change
-2
Holders Change %
-0.37%
% of All Funds
12.21%
Holding in Top 10
22
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-21.43%
% of All Funds
0.5%
New
46
Increased
161
Reduced
210
Closed
44
Calls
$60.6M
Puts
$123M
Net Calls
-$62.8M
Net Calls Change
-$184M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
151
Ameriprise
Minnesota
$5.72M +$137K +1,802 +2%
Royal London Asset Management
152
Royal London Asset Management
United Kingdom
$5.36M -$264K -3,458 -5%
Aberdeen Group
153
Aberdeen Group
United Kingdom
$5.3M +$358K +4,688 +7%
AIG
154
American International Group
New York
$5.26M +$258K +3,379 +5%
Stifel Financial
155
Stifel Financial
Missouri
$5.25M +$113K +1,484 +2%
GS
156
Gagnon Securities
New York
$5.24M +$3.51M +45,966 +190%
HCM
157
Highbridge Capital Management
New York
$5.23M -$2.42M -31,689 -31%
RA
158
Royce & Associates
New York
$5.09M +$804K +10,538 +18%
SAM
159
Sheffield Asset Management
Illinois
$5.09M -$8.98M -117,700 -63%
MPWT
160
MassMutual Private Wealth & Trust
Connecticut
$5M +$9.84K +129 +0.2%
ZIG
161
Zurich Insurance Group
Switzerland
$4.65M +$4.75M +62,264 New
ARTA
162
A.R.T. Advisors
New York
$4.62M -$1.72M -22,600 -27%
AAF
163
Andra AP-fonden
Sweden
$4.46M +$397K +5,200 +10%
LWIC
164
Leith Wheeler Investment Counsel
British Columbia, Canada
$4.42M +$137K +1,790 +3%
CWM
165
CIBC World Markets
New York
$4.39M +$1.35M +17,648 +43%
State of Tennessee, Department of Treasury
166
State of Tennessee, Department of Treasury
Tennessee
$4.22M -$89.5K -1,173 -2%
GIBU
167
Gulf International Bank (UK)
United Kingdom
$4.21M
BCIM
168
British Columbia Investment Management
British Columbia, Canada
$4.1M -$1.61M -21,093 -28%
USAA
169
United Services Automobile Association
Texas
$4.1M -$97.7K -1,281 -2%
RA
170
RiverPark Advisors
New York
$4.01M -$1.35M -17,666 -25%
JG
171
Jefferies Group
New York
$3.94M -$6.31M -82,745 -61%
SOMRS
172
State of Michigan Retirement System
Michigan
$3.93M -$7.63K -100 -0.2%
RJFSA
173
Raymond James Financial Services Advisors
Florida
$3.92M +$77.9K +1,021 +2%
FAF
174
Fjarde Ap-fonden
Sweden
$3.9M -$188K -2,461 -4%
PI
175
Putnam Investments
Massachusetts
$3.9M -$80.8K -1,060 -2%

KMX Hedge Fund Activity: Q3 2018 in Review

534 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q3 2018, worth a combined $13.6B — up 1.3% from $13.4B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new KMX positions and 44 closed out — a net gain of 2 holders — while 161 added to existing stakes and 210 trimmed.

The largest buyer was Bank of America, adding an estimated $91M. The largest seller was Harris Associates, cutting an estimated $137M.

  • 534 institutional investors held CarMax (KMX) as of Q3 2018, down from 536 in Q2 2018.
  • Funds reported $13.6B of CarMax stock for Q3 2018, up 1.3% quarter-over-quarter.
  • 46 funds opened new CarMax positions in Q3 2018 and 44 closed out, a net change of +2 holders.
  • The largest CarMax buyer in Q3 2018 was Bank of America, an estimated $91M added.
  • The largest CarMax seller in Q3 2018 was Harris Associates, an estimated $137M sold.

Based on aggregated 13F filings for Q3 2018.