CarMax
735 hedge funds and large institutions have $20.3B invested in CarMax in 2021 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 236 increasing their positions, 257 reducing their positions, and 55 closing their positions.
107% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 55
8% more funds holding
Funds holding: 682 → 735 (+53)
1.01% more ownership
Funds ownership: 95.3% → 96.31% (+1%)
2% more capital invested
Capital invested by funds: $19.9B → $20.3B (+$387M)
8% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 257
8% less funds holding in top 10
Funds holding in top 10: 24 → 22 (-2)
15% less call options, than puts
Call options by funds: $170M | Put options by funds: $200M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$589M |
| 2 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$64.4M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$39.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$31.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$134M |
| 2 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
-$104M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$98.2M |
| 4 |
Primecap Management
Pasadena,
California
|
-$77.2M |
| 5 |
JP Morgan Chase
New York
|
-$54M |
KMX Hedge Fund Activity: Q4 2021 in Review
735 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in CarMax (KMX) for Q4 2021, worth a combined $20.3B — up 1.9% from $19.9B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new KMX positions and 55 closed out — a net gain of 59 holders — while 236 added to existing stakes and 257 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 682 in Q3 2021.
- Funds reported $20.3B of CarMax stock for Q4 2021, up 1.9% quarter-over-quarter.
- 114 funds opened new CarMax positions in Q4 2021 and 55 closed out, a net change of +59 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.