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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
ProVise Management Group, LLC93,765$7.31M0.62%+9,610+11.4%Added
State of Wisconsin Investment Board94,149$7.34M0.02%−26,909−22.2%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH95,069$7.41M0.01%−13,148−12.1%Reduced
Ieq Capital, LLC98,264$7.66M0.06%−12,427−11.2%Reduced
Pictet Asset Management Holding SA98,960$7.71M0.01%+2,663+2.8%Added
WS Management LLLP100,455$7.83M1.32%+455+0.5%Added
Great West Life Assurance Co100,719$7.86M0.01%+9,172+10.0%Added
Russell Investments Group, Ltd.102,825$7.89M0.01%+33,867+49.1%Added
Woodline Partners LP102,944$8.02M0.05%+93,640+1,006.4%Added
Pensionmark Financial Group, LLC103,369$8.05M0.21%+14,787+16.7%Added
Advisor Group Holdings, Inc.107,319$8.36M0.02%+1,446+1.4%Added
Aviva PLC107,362$8.37M0.02%+14,102+15.1%Added
Leith Wheeler Investment Counsel Ltd.107,638$8.39M0.58%+1,228+1.2%Added
Nicholas Company, Inc.109,900$8.56M0.15%00.0%Unchanged
Standard Life Aberdeen plc110,529$8.57M0.02%+55,084+99.3%Added
Edgestream Partners, L.P.113,225$8.82M0.30%+113,225New
Natixis Advisors, L.P.115,680$9.01M0.02%+3,469+3.1%Added
Schonfeld Strategic Advisors LLC118,778$9.26M0.06%+109,181+1,137.7%Added
Tudor Investment Corp Et Al119,319$9.30M0.08%+81,118+212.3%Added
Canada Pension Plan Investment Board121,800$9.49M0.01%+59,000+93.9%Added
Quantinno Capital Management LP122,450$9.54M0.06%+102,743+521.4%Added
New York State Teachers Retirement System123,605$9.63M0.02%−6,845−5.2%Reduced
Freestone Grove Partners LP124,869$9.73M0.10%−125,908−50.2%Reduced
Biglari Capital Corp.125,420$9.77M1.38%00.0%Unchanged
Eisler Capital Management Ltd.125,519$9.78M0.29%+94,027+298.6%Added
Baillie Gifford & Co126,428$9.85M0.01%−40,881−24.4%Reduced
Heartland Advisors Inc130,894$10.2M0.59%+31,297+31.4%Added
SEI Investments Co131,099$10.2M0.01%+17,803+15.7%Added
Hantz Financial Services, Inc.131,987$10.3M0.18%+1,187+0.9%Added
Banyan Capital Management, Inc.132,349$10.3M5.82%+1,710+1.3%Added
Walleye Capital LLC132,868$10.4M0.11%+132,788+165,985.0%Added
Marathon Asset Mgmt Ltd133,806$10.4M0.32%+28,085+26.6%Added
Arrowstreet Capital, Limited Partnership134,310$10.5M0.01%−94,536−41.3%Reduced
Vancity Investment Management Ltd135,756$10.6M1.45%+135,756New
Markel Group Inc.SuperinvestorMarkel Group136,500$10.6M0.09%00.0%Unchanged
Needham Investment Management LLC137,500$10.7M1.00%−5,000−3.5%Reduced
Trexquant Investment LP141,960$11.1M0.13%+68,586+93.5%Added
Stifel Financial Corp142,011$11.1M0.01%+1,425+1.0%Added
Hutchinson Capital Management152,164$11.9M2.26%−4,095−2.6%Reduced
Eldred Rock Partners, LLC154,941$12.0M3.65%+14,289+10.2%Added
Cetera Investment Advisers154,681$12.1M0.02%+7,102+4.8%Added
Mitsubishi UFJ Trust & Banking Corp155,277$12.1M0.03%−13,547−8.0%Reduced
Gagnon Securities LLC157,350$12.3M2.70%−1,797−1.1%Reduced
London Co of Virginia157,977$12.3M0.07%−3,749−2.3%Reduced
First Manhattan Co157,979$12.3M0.04%−1,150−0.7%Reduced
State Board of Administration of Florida Retirement System159,211$12.4M0.02%00.0%Unchanged
Gotham Asset Management, LLC160,292$12.5M0.10%+41,385+34.8%Added
Massmutual Trust Co FSB164,346$12.8M0.37%+8,348+5.4%Added
Assetmark, Inc175,159$13.6M0.04%+22,257+14.6%Added
Prudential Financial Inc178,478$13.9M0.02%+92,758+108.2%Added
Brown Advisory Inc179,265$14.0M0.02%−938,184−84.0%Reduced
Ninety One UK Ltd180,149$14.0M0.04%−91,328−33.6%Reduced
Alliancebernstein L.P.193,404$15.1M0.01%−2,704−1.4%Reduced
Old National Bancorp193,416$15.1M0.40%−11,848−5.8%Reduced
Oppenheimer & Co Inc194,872$15.2M0.23%−4,939−2.5%Reduced
Akre Capital Management LLCSuperinvestorAkre Capital Management205,275$16.0M0.15%−462,162−69.2%Reduced
Manufacturers Life Insurance Company, The206,187$16.1M0.02%−1,928−0.9%Reduced
Philadelphia Financial Management of San Francisco, LLC210,082$16.4M3.64%+210,082New
Price T Rowe Associates Inc219,417$17.1M0.00%+2,050+0.9%Added
Clifford Swan Investment Counsel LLC220,037$17.1M0.63%+435+0.2%Added
California State Teachers Retirement System220,310$17.2M0.02%+2,152+1.0%Added
Bank of Montreal221,452$17.3M0.01%−52,793−19.3%Reduced
LPL Financial LLC223,951$17.5M0.01%+23,927+12.0%Added
Nixon Capital, LLC226,905$17.7M6.12%+1,156+0.5%Added
Avenir Corp227,300$17.7M1.86%−4,870−2.1%Reduced
HSBC Holdings PLC239,344$18.6M0.01%+12,304+5.4%Added
California Public Employees Retirement System239,903$18.7M0.01%+41,163+20.7%Added
Courant Investment Management LLC247,520$19.3M16.16%00.0%Unchanged
Worldquant Millennium Advisors LLC265,063$20.7M0.13%+265,063New
Adage Capital Partners GP, L.L.C.269,116$21.0M0.04%+72,816+37.1%Added
Makaira Partners LLC272,203$21.2M7.11%−287,181−51.3%Reduced
BNP Paribas Arbitrage, SA274,416$21.4M0.02%−65,515−19.3%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.275,787$21.5M0.02%+27,535+11.1%Added
Fairview Capital Investment Management, LLC295,897$23.1M1.22%−10,055−3.3%Reduced
J. Goldman & Co LP303,466$23.6M0.84%+303,466New
Aureus Asset Management, LLC305,941$23.8M1.67%−3,644−1.2%Reduced
MML Investors Services, LLC311,344$24.3M0.08%+1,348+0.4%Added
Eubel Brady & Suttman Asset Management Inc311,584$24.3M3.20%+2,630+0.9%Added
JPMorgan Chase & Co316,141$24.6M0.00%+72,799+29.9%Added
Mane Global Capital Management LP325,276$25.3M2.01%+325,276New
Rhumbline Advisers326,651$25.5M0.02%+33,882+11.6%Added
Mount Capital Ltd342,700$26.7M8.61%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.346,159$27.0M0.02%−8,221−2.3%Reduced
Broad Run Investment Management, LLC348,317$27.1M4.53%−166,280−32.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.361,531$28.2M0.12%−69,544−16.1%Reduced
Raymond James Financial Inc388,257$30.3M0.01%+8,358+2.2%Added
Kiltearn Partners LLP399,500$31.1M5.93%−78,800−16.5%Reduced
Royal Bank of Canada406,854$31.7M0.01%−29,828−6.8%Reduced
Amundi420,114$32.1M0.01%+59,247+16.4%Added
Schwerin Boyle Capital Management Inc416,069$32.4M3.34%−9,136−2.1%Reduced
Wells Fargo & Company425,123$33.1M0.01%−44,837−9.5%Reduced
Maple Rock Capital Partners Inc.433,528$33.8M2.47%+433,528New
Swiss National Bank433,800$33.8M0.02%−3,800−0.9%Reduced
Nuveen, LLC434,697$33.9M0.01%+434,697New
Blair William & Co456,070$35.5M0.11%−75,946−14.3%Reduced
ThornTree Capital Partners LP470,068$36.6M8.09%+34,500+7.9%Added
Barclays PLC479,136$37.3M0.02%+119,531+33.2%Added
Nexus Investment Management ULC351,445$39.4M4.46%+630+0.2%Added
Rings Capital Management LLC508,500$39.6M20.19%+6,710+1.3%Added
Silver Heights Capital Management Inc558,265$43.5M19.76%−7,332−1.3%Reduced