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CarMax Inc

KMX
Exchange
NYSE
Industry
Retail-Auto Dealers & Gasoline Stations
SEC CIK
0001170010

No open-market purchases or sales by CarMax Inc insiders were filed in the last 90 days; 557 institutions reported holding it in 13F filings for Q2 2026, worth $7.80B in total; superinvestors Starboard Value and Markel Group hold it.

13F holders, Q4 2023

Institutional positions in CarMax Inc as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
706
+31 vs. Q3 2023
Shares held
169.0M
+1.73M (+1.0%) vs. Q3 2023
Total value
$13.0B
+$1.13B (+9.5%) vs. Q3 2023
New holders
95
232 more added
Sold out
64
276 more reduced

8 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting KMX on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 706 institutions
Q1 2021: 699 institutionsQ2 2021: 682 institutionsQ3 2021: 685 institutionsQ4 2021: 737 institutionsQ1 2022: 696 institutionsQ2 2022: 693 institutionsQ3 2022: 640 institutionsQ4 2022: 659 institutionsQ1 2023: 674 institutionsQ2 2023: 705 institutionsQ3 2023: 683 institutionsQ4 2023: 706 institutionsQ1 2024: 716 institutionsQ2 2024: 707 institutionsQ3 2024: 743 institutionsQ4 2024: 750 institutionsQ1 2025: 753 institutionsQ2 2025: 731 institutionsQ3 2025: 622 institutionsQ4 2025: 537 institutionsQ1 2026: 550 institutionsQ2 2026: 557 institutions
Value heldQ4 2023: $13.0B
Q1 2021: $20.4BQ2 2021: $20.3BQ3 2021: $19.9BQ4 2021: $20.3BQ1 2022: $16.0BQ2 2022: $14.7BQ3 2022: $10.9BQ4 2022: $10.4BQ1 2023: $11.0BQ2 2023: $13.9BQ3 2023: $11.9BQ4 2023: $13.0BQ1 2024: $15.0BQ2 2024: $12.4BQ3 2024: $12.6BQ4 2024: $13.1BQ1 2025: $12.6BQ2 2025: $10.7BQ3 2025: $6.54BQ4 2025: $5.83BQ1 2026: $6.36BQ2 2026: $7.80B
Institutions holding KMX and their total value by quarter
QuarterHoldersValue
Q2 2026557$7.80B
Q1 2026550$6.36B
Q4 2025537$5.83B
Q3 2025622$6.54B
Q2 2025731$10.7B
Q1 2025753$12.6B
Q4 2024750$13.1B
Q3 2024743$12.6B
Q2 2024707$12.4B
Q1 2024716$15.0B
Q4 2023706$13.0B
Q3 2023683$11.9B
Q2 2023705$13.9B
Q1 2023674$11.0B
Q4 2022659$10.4B
Q3 2022640$10.9B
Q2 2022693$14.7B
Q1 2022696$16.0B
Q4 2021737$20.3B
Q3 2021685$19.9B
Q2 2021682$20.3B
Q1 2021699$20.4B

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding CarMax Inc; share changes are against Q3 2023.

Institutions holding KMX in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Grantham, Mayo, Van Otterloo & Co. LLC186,939$14.3M0.06%−34,616−15.6%Reduced
Two Sigma Investments, LP190,178$14.6M0.04%+162,559+588.6%Added
Alliancebernstein L.P.198,632$15.2M0.01%−28,812−12.7%Reduced
Vancity Investment Management Ltd205,340$15.8M2.31%−26,750−11.5%Reduced
Clifford Swan Investment Counsel LLC207,891$16.0M0.62%−3,266−1.5%Reduced
Old National Bancorp211,016$16.2M0.43%−7,049−3.2%Reduced
Price T Rowe Associates Inc212,636$16.3M0.00%−5,579−2.6%Reduced
Canada Pension Plan Investment Board213,700$16.4M0.02%+204,600+2,248.4%Added
Heartland Advisors Inc215,227$16.5M0.86%+35,014+19.4%Added
Moore Capital Management, LP215,434$16.5M0.40%+215,434New
Manufacturers Life Insurance Company, The221,787$17.0M0.01%+435+0.2%Added
California Public Employees Retirement System226,141$17.4M0.01%−6,658−2.9%Reduced
Immersion Capital LLP232,643$17.9M7.69%−56,100−19.4%Reduced
Bain Capital Public Equity Management II, LLC235,317$18.1M0.80%+235,317New
Raymond James Financial Services Advisors, Inc.235,544$18.1M0.03%+18,914+8.7%Added
Barr E S & Co242,268$18.6M1.26%−54,373−18.3%Reduced
Avenir Corp245,597$18.8M1.63%−9,546−3.7%Reduced
Stifel Financial Corp246,152$18.9M0.02%+29,479+13.6%Added
Courant Investment Management LLC247,520$19.0M18.46%00.0%Unchanged
California State Teachers Retirement System247,611$19.0M0.03%+2,051+0.8%Added
Oakview Capital Management, L.P.248,971$19.1M7.96%−4,719−1.9%Reduced
Fairview Capital Investment Management, LLC251,530$19.3M1.15%+16,438+7.0%Added
Aureus Asset Management, LLC254,897$19.6M1.43%−873−0.3%Reduced
Oppenheimer & Co Inc258,316$19.8M0.36%−14,667−5.4%Reduced
MML Investors Services, LLC272,664$20.9M0.10%+49,113+22.0%Added
Credit Suisse AG272,811$20.9M0.02%+37,865+16.1%Added
National Pension Service282,865$21.7M0.03%00.0%Unchanged
Amundi308,919$22.4M0.01%+149,240+93.5%Added
Raymond James & Associates294,659$22.6M0.02%+1,483+0.5%Added
Citadel Advisors LLC307,979$23.6M0.02%−1,297,533−80.8%Reduced
Ninety One UK Ltd311,345$23.9M0.07%−14,735−4.5%Reduced
Rhumbline Advisers321,767$24.7M0.03%+10,418+3.3%Added
D. E. Shaw & Co., Inc.324,357$24.9M0.04%+252,920+354.0%Added
Eubel Brady & Suttman Asset Management Inc327,519$25.1M3.33%+103,697+46.3%Added
AQR Capital Management LLC329,871$25.3M0.05%+316,906+2,444.3%Added
JPMorgan Chase & Co340,709$26.1M0.00%−162,676−32.3%Reduced
Nexus Investment Management ULC349,783$26.8M2.80%+475+0.1%Added
Squarepoint Ops LLC371,029$28.5M0.12%+356,016+2,371.4%Added
Neuberger Berman Group LLC378,583$29.1M0.03%−19,873−5.0%Reduced
Sumitomo Mitsui Trust Holdings, Inc.379,200$29.1M0.02%−3,349−0.9%Reduced
Bank of Montreal397,154$30.9M0.02%+164,555+70.7%Added
Verition Fund Management LLC427,176$32.8M0.33%+419,826+5,711.9%Added
Schwerin Boyle Capital Management Inc445,680$34.2M3.82%−19,175−4.1%Reduced
Rings Capital Management LLC460,000$35.3M21.42%+285,000+162.9%Added
Silver Heights Capital Management Inc461,990$35.5M13.66%+2,870+0.6%Added
Swiss National Bank496,100$38.1M0.03%−12,900−2.5%Reduced
Deutsche Bank AG506,089$38.8M0.02%+102,170+25.3%Added
Nuveen Asset Management, LLC516,280$39.6M0.01%+42,703+9.0%Added
Barclays PLC520,202$39.9M0.02%−69,557−11.8%Reduced
Fenimore Asset Management Inc608,122$46.7M1.08%−27,258−4.3%Reduced
Check Capital Management Inc609,402$46.8M3.73%−4,657−0.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.624,822$47.9M0.22%+150,505+31.7%Added
Wells Fargo & Company671,496$51.5M0.01%−36,368−5.1%Reduced
Ariel Investments, LLC681,768$52.3M0.52%−88,127−11.4%Reduced
Blair William & Co710,864$54.6M0.19%−230,067−24.5%Reduced
Marshall Wace, LLP711,592$54.6M0.10%+26,202+3.8%Added
Summitry LLC714,492$54.8M3.18%+4,780+0.7%Added
Broad Run Investment Management, LLC718,274$55.1M7.37%−92,199−11.4%Reduced
Adage Capital Partners GP, L.L.C.729,100$56.0M0.12%+598,100+456.6%Added
Weitz Investment Management, Inc.SuperinvestorWeitz Investment Management749,500$57.5M3.03%+30,000+4.2%Added
Legal & General Group Plc796,003$61.1M0.02%−36,135−4.3%Reduced
Ameriprise Financial Inc866,157$66.5M0.02%+66,043+8.3%Added
Kiltearn Partners LLP871,000$66.8M5.14%+27,300+3.2%Added
Welch & Forbes LLC886,947$68.1M1.03%−27,609−3.0%Reduced
Royal Bank of Canada928,315$71.2M0.02%−11,506−1.2%Reduced
Goldman Sachs Group Inc943,204$72.4M0.02%−914,441−49.2%Reduced
Charles Schwab Investment Management Inc991,111$76.1M0.02%+30,107+3.1%Added
American Century Companies Inc1,022,901$78.5M0.05%+216,185+26.8%Added
Bank of New York Mellon Corp1,029,709$79.0M0.02%−28,642−2.7%Reduced
UBS Asset Management Americas Inc1,049,842$80.6M0.03%+192,978+22.5%Added
Madison Asset Management, LLC1,051,257$80.7M1.09%+8,866+0.9%Added
Kovitz Investment Group Partners, LLC1,079,460$82.8M1.37%+17,601+1.7%Added
Makaira Partners LLC1,095,488$84.1M11.08%00.0%Unchanged
Envestnet Asset Management Inc1,131,787$86.9M0.04%−29,727−2.6%Reduced
Kempen Capital Management N.V.1,134,954$87.1M1.22%+233,092+25.8%Added
CI Private Wealth, LLC1,170,220$89.8M0.17%+235,961+25.3%Added
Bank of America Corp1,199,707$92.1M0.01%−32,116−2.6%Reduced
Brown Advisory Inc1,263,507$97.0M0.14%−14,333−1.1%Reduced
Timucuan Asset Management Inc1,447,058$111.0M3.88%+5520.0%Added
Northern Trust Corp1,465,682$112.5M0.02%−105,311−6.7%Reduced
Giverny Capital Inc.SuperinvestorGiverny Capital1,533,574$117.7M5.53%+13,136+0.9%Added
DF Dent & Co Inc1,581,415$121.4M1.61%+124,151+8.5%Added
Baird Financial Group, Inc.1,591,978$122.2M0.28%−27,754−1.7%Reduced
Morgan Stanley1,811,696$139.0M0.01%+294,940+19.4%Added
Dimensional Fund Advisors LP1,930,606$148.2M0.04%+164,024+9.3%Added
Wellington Management Group LLP2,293,826$176.0M0.03%−1,303,888−36.2%Reduced
Holocene Advisors, LP2,314,765$177.6M0.70%+712,936+44.5%Added
First Pacific Advisors, LP2,331,545$178.9M2.68%+28,095+1.2%Added
Cooke & Bieler LP2,344,650$179.9M1.59%+69,409+3.1%Added
London Co of Virginia2,421,489$185.8M1.05%−11,654−0.5%Reduced
Turtle Creek Asset Management Inc.2,551,822$195.8M5.17%+95,663+3.9%Added
Fiduciary Management Inc2,581,533$198.1M1.85%−205,734−7.4%Reduced
Akre Capital Management LLCSuperinvestorAkre Capital Management2,726,695$209.2M1.76%−6,767−0.2%Reduced
Morningstar Investment Services LLC2,717,326$211.5M1.19%+1,326,840+95.4%Added
Invesco Ltd.3,234,595$248.2M0.06%+296,054+10.1%Added
Geode Capital Management, LLC3,489,331$267.0M0.03%+83,008+2.4%Added
Norges Bank3,756,551$288.3M0.05%+219,603+6.2%Added
Ruane, Cunniff & Goldfarb L.P.4,126,906$316.7M5.06%−1,438,450−25.8%Reduced
Capital Research Global Investors4,138,985$317.6M0.08%−11,550−0.3%Reduced
Janus Henderson Group PLC4,611,564$353.9M0.21%+25,671+0.6%Added