CarMax
537 hedge funds and large institutions have $13.4B invested in CarMax in 2018 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 154 increasing their positions, 207 reducing their positions, and 47 closing their positions.
131% more call options, than puts
Call options by funds: $214M | Put options by funds: $92.6M
64% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 47
47% more funds holding in top 10
Funds holding in top 10: 19 → 28 (+9)
16% more capital invested
Capital invested by funds: $11.6B → $13.4B (+$1.85B)
5% more funds holding
Funds holding: 510 → 537 (+27)
0.78% more ownership
Funds ownership: 103.58% → 104.36% (+0.78%)
26% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 207
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$63.4M |
| 2 |
Goldman Sachs
New York
|
+$38.8M |
| 3 |
Holocene Advisors
New York
|
+$38.7M |
| 4 |
D.E. Shaw & Co
New York
|
+$33.8M |
| 5 |
Millennium Management
New York
|
+$31.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$133M |
| 2 |
O
OppenheimerFunds
New York
|
-$126M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$47.9M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$44.9M |
| 5 |
Primecap Management
Pasadena,
California
|
-$42.1M |
KMX Hedge Fund Activity: Q2 2018 in Review
537 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q2 2018, worth a combined $13.4B — up 16% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new KMX positions and 47 closed out — a net gain of 30 holders — while 154 added to existing stakes and 207 trimmed.
The largest buyer was Scopus Asset Management, opening a new position worth an estimated $63.4M. The largest seller was Harris Associates, cutting an estimated $133M.
- 537 institutional investors held CarMax (KMX) as of Q2 2018, up from 510 in Q1 2018.
- Funds reported $13.4B of CarMax stock for Q2 2018, up 16% quarter-over-quarter.
- 77 funds opened new CarMax positions in Q2 2018 and 47 closed out, a net change of +30 holders.
- The largest CarMax buyer in Q2 2018 was Scopus Asset Management, an estimated $63.4M added.
- The largest CarMax seller in Q2 2018 was Harris Associates, an estimated $133M sold.
Based on aggregated 13F filings for Q2 2018.