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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, Q1 2025

Institutional positions in CarMax Inc as of Mar 31, 2025. 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
753
+14 vs. Q4 2024
Shares held
162.3M
+2.03M (+1.3%) vs. Q4 2024
Total value
$12.6B
−$457.9M (−3.5%) vs. Q4 2024
New holders
89
261 more added
Sold out
75
287 more reduced

11 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 holdersQ1 2025: 753 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 heldQ1 2025: $12.6B
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, Q1 2025

Shares, value and share of portfolio for each institution holding CarMax Inc; share changes are against Q4 2024.

Institutions holding KMX in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,086,761$1.41B0.03%−109,637−0.6%Reduced
BlackRock, Inc.12,086,278$941.8M0.02%−51,236−0.4%Reduced
Principal Financial Group Inc6,587,294$513.3M0.29%−2,004,003−23.3%Reduced
State Street Corp6,213,772$484.2M0.02%−132,207−2.1%Reduced
Diamond Hill Capital Management Inc5,859,118$456.5M2.09%−362,570−5.8%Reduced
Norges Bank5,606,458$436.9M0.06%+430,496+8.3%Added
Primecap Management Co4,769,306$371.6M0.31%−311,150−6.1%Reduced
Janus Henderson Group PLC4,744,192$360.5M0.20%+72,242+1.5%Added
Geode Capital Management, LLC3,820,218$296.7M0.02%+109,951+3.0%Added
Holocene Advisors, LP3,366,823$262.3M0.77%+523,798+18.4%Added
Baird Financial Group, Inc.3,093,632$241.1M0.46%+206,106+7.1%Added
Marshall Wace, LLP3,077,959$239.8M0.32%+2,388,465+346.4%Added
UBS Group AG2,999,752$233.7M0.05%+887,484+42.0%Added
Invesco Ltd.2,863,594$223.1M0.04%+133,629+4.9%Added
Fiduciary Management Inc2,651,730$206.6M2.00%−107,248−3.9%Reduced
Turtle Creek Asset Management Inc.2,602,250$202.8M5.70%+12,179+0.5%Added
First Pacific Advisors, LP2,415,974$188.3M3.02%+18,912+0.8%Added
Morgan Stanley2,134,866$166.3M0.01%+272,277+14.6%Added
Bank of America Corp1,839,753$143.4M0.01%+303,925+19.8%Added
Dimensional Fund Advisors LP1,800,275$140.2M0.03%−122,097−6.4%Reduced
Cooke & Bieler LP1,769,252$137.9M1.38%−58,061−3.2%Reduced
UBS Asset Management Americas Inc1,670,381$130.2M0.03%−2,104−0.1%Reduced
Giverny Capital Inc.SuperinvestorGiverny Capital1,641,622$127.9M4.72%−41,247−2.5%Reduced
Kovitz Investment Group Partners, LLC1,536,241$119.7M0.60%−64,373−4.0%Reduced
Northern Trust Corp1,533,899$119.5M0.02%+1,062+0.1%Added
Envestnet Asset Management Inc1,521,704$118.6M0.04%+20,800+1.4%Added
Charles Schwab Investment Management Inc1,487,556$115.9M0.02%−6,904−0.5%Reduced
AQR Capital Management LLC1,509,344$115.9M0.12%+109,332+7.8%Added
Kempen Capital Management N.V.1,315,481$102.5M1.07%+16,836+1.3%Added
Davenport & Co LLC1,274,478$98.5M0.58%+23,694+1.9%Added
Squarepoint Ops LLC1,223,280$95.3M0.23%+177,100+16.9%Added
Vulcan Value Partners, LLC1,218,127$95.0M1.78%−108,910−8.2%Reduced
American Century Companies Inc1,175,696$91.6M0.06%+6,704+0.6%Added
CI Private Wealth, LLC1,083,012$84.4M0.14%−128,297−10.6%Reduced
Millennium Management LLC1,081,826$84.3M0.08%+862,461+393.2%Added
Man Group plc967,465$75.4M0.23%+324,706+50.5%Added
Goldman Sachs Group Inc921,611$71.8M0.01%−1,653,141−64.2%Reduced
Fuller & Thaler Asset Management, Inc.903,024$70.4M0.27%+778,652+626.1%Added
Bank of New York Mellon Corp891,500$69.5M0.01%−26,326−2.9%Reduced
Welch & Forbes LLC873,763$68.1M0.89%+3,420+0.4%Added
Two Sigma Advisers, LP872,400$68.0M0.15%+100,100+13.0%Added
DF Dent & Co Inc818,412$63.8M0.85%−57,643−6.6%Reduced
Wellington Management Group LLP815,461$63.5M0.01%+207,665+34.2%Added
Weitz Investment Management, Inc.SuperinvestorWeitz Investment Management805,200$62.7M3.33%−20,000−2.4%Reduced
Deutsche Bank AG782,213$61.0M0.02%+1,113+0.1%Added
Legal & General Group Plc697,978$54.4M0.01%+21,218+3.1%Added
Two Sigma Investments, LP632,625$49.3M0.11%+142,061+29.0%Added
Citadel Advisors LLC618,885$48.2M0.05%+73,673+13.5%Added
Citigroup Inc618,273$48.2M0.04%+66,308+12.0%Added
FMR LLC615,115$47.9M0.00%+536,975+687.2%Added
Check Capital Management Inc609,687$47.5M3.09%−2,976−0.5%Reduced
Ameriprise Financial Inc578,794$45.1M0.01%−29,891−4.9%Reduced
Ariel Investments, LLC559,149$43.6M0.51%−61,594−9.9%Reduced
Silver Heights Capital Management Inc558,265$43.5M19.76%−7,332−1.3%Reduced
Rings Capital Management LLC508,500$39.6M20.19%+6,710+1.3%Added
Nexus Investment Management ULC351,445$39.4M4.46%+630+0.2%Added
Barclays PLC479,136$37.3M0.02%+119,531+33.2%Added
ThornTree Capital Partners LP470,068$36.6M8.09%+34,500+7.9%Added
Blair William & Co456,070$35.5M0.11%−75,946−14.3%Reduced
Nuveen, LLC434,697$33.9M0.01%+434,697New
Swiss National Bank433,800$33.8M0.02%−3,800−0.9%Reduced
Maple Rock Capital Partners Inc.433,528$33.8M2.47%+433,528New
Wells Fargo & Company425,123$33.1M0.01%−44,837−9.5%Reduced
Schwerin Boyle Capital Management Inc416,069$32.4M3.34%−9,136−2.1%Reduced
Amundi420,114$32.1M0.01%+59,247+16.4%Added
Royal Bank of Canada406,854$31.7M0.01%−29,828−6.8%Reduced
Kiltearn Partners LLP399,500$31.1M5.93%−78,800−16.5%Reduced
Raymond James Financial Inc388,257$30.3M0.01%+8,358+2.2%Added
Connor, Clark & Lunn Investment Management Ltd.361,531$28.2M0.12%−69,544−16.1%Reduced
Broad Run Investment Management, LLC348,317$27.1M4.53%−166,280−32.3%Reduced
Sumitomo Mitsui Trust Holdings, Inc.346,159$27.0M0.02%−8,221−2.3%Reduced
Mount Capital Ltd342,700$26.7M8.61%00.0%Unchanged
Rhumbline Advisers326,651$25.5M0.02%+33,882+11.6%Added
Mane Global Capital Management LP325,276$25.3M2.01%+325,276New
JPMorgan Chase & Co316,141$24.6M0.00%+72,799+29.9%Added
Eubel Brady & Suttman Asset Management Inc311,584$24.3M3.20%+2,630+0.9%Added
MML Investors Services, LLC311,344$24.3M0.08%+1,348+0.4%Added
Aureus Asset Management, LLC305,941$23.8M1.67%−3,644−1.2%Reduced
J. Goldman & Co LP303,466$23.6M0.84%+303,466New
Fairview Capital Investment Management, LLC295,897$23.1M1.22%−10,055−3.3%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.275,787$21.5M0.02%+27,535+11.1%Added
BNP Paribas Arbitrage, SA274,416$21.4M0.02%−65,515−19.3%Reduced
Makaira Partners LLC272,203$21.2M7.11%−287,181−51.3%Reduced
Adage Capital Partners GP, L.L.C.269,116$21.0M0.04%+72,816+37.1%Added
Worldquant Millennium Advisors LLC265,063$20.7M0.13%+265,063New
Courant Investment Management LLC247,520$19.3M16.16%00.0%Unchanged
California Public Employees Retirement System239,903$18.7M0.01%+41,163+20.7%Added
HSBC Holdings PLC239,344$18.6M0.01%+12,304+5.4%Added
Avenir Corp227,300$17.7M1.86%−4,870−2.1%Reduced
Nixon Capital, LLC226,905$17.7M6.12%+1,156+0.5%Added
LPL Financial LLC223,951$17.5M0.01%+23,927+12.0%Added
Bank of Montreal221,452$17.3M0.01%−52,793−19.3%Reduced
California State Teachers Retirement System220,310$17.2M0.02%+2,152+1.0%Added
Clifford Swan Investment Counsel LLC220,037$17.1M0.63%+435+0.2%Added
Price T Rowe Associates Inc219,417$17.1M0.00%+2,050+0.9%Added
Philadelphia Financial Management of San Francisco, LLC210,082$16.4M3.64%+210,082New
Manufacturers Life Insurance Company, The206,187$16.1M0.02%−1,928−0.9%Reduced
Akre Capital Management LLCSuperinvestorAkre Capital Management205,275$16.0M0.15%−462,162−69.2%Reduced
Oppenheimer & Co Inc194,872$15.2M0.23%−4,939−2.5%Reduced
Old National Bancorp193,416$15.1M0.40%−11,848−5.8%Reduced