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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, Q2 2025

Institutional positions in CarMax Inc as of Jun 30, 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
731
−12 vs. Q1 2025
Shares held
159.9M
−2.26M (−1.4%) vs. Q1 2025
Total value
$10.7B
−$1.88B (−14.9%) vs. Q1 2025
New holders
106
261 more added
Sold out
118
276 more reduced

10 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 731 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 heldQ2 2025: $10.7B
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, Q2 2025

Shares, value and share of portfolio for each institution holding CarMax Inc; share changes are against Q1 2025.

Institutions holding KMX in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc17,564,869$1.18B0.02%−521,892−2.9%Reduced
BlackRock, Inc.10,838,401$728.4M0.01%−1,247,877−10.3%Reduced
Diamond Hill Capital Management Inc6,961,938$467.9M2.15%+1,102,820+18.8%Added
State Street Corp5,668,731$381.0M0.01%−545,041−8.8%Reduced
Janus Henderson Group PLC4,828,469$324.5M0.16%+84,277+1.8%Added
Primecap Management Co4,737,911$318.4M0.25%−31,395−0.7%Reduced
AQR Capital Management LLC4,457,340$298.1M0.25%+2,947,996+195.3%Added
Geode Capital Management, LLC3,807,259$255.4M0.02%−12,959−0.3%Reduced
Baird Financial Group, Inc.3,298,113$221.7M0.39%+204,481+6.6%Added
Norges Bank3,096,919$208.1M0.03%−2,509,539−44.8%Reduced
Invesco Ltd.2,998,928$201.6M0.03%+135,334+4.7%Added
Fiduciary Management Inc2,873,565$193.1M1.85%+221,835+8.4%Added
Dimensional Fund Advisors LP2,766,648$185.9M0.04%+966,373+53.7%Added
Turtle Creek Asset Management Inc.2,690,850$180.9M5.25%+88,600+3.4%Added
Principal Financial Group Inc2,571,945$172.9M0.09%−4,015,349−61.0%Reduced
First Pacific Advisors, LP2,431,244$163.4M2.34%+15,270+0.6%Added
Morgan Stanley2,414,253$162.3M0.01%+279,387+13.1%Added
UBS Group AG2,198,171$147.7M0.03%−801,581−26.7%Reduced
Arrowstreet Capital, Limited Partnership2,028,718$136.4M0.10%+1,894,408+1,410.5%Added
Manufacturers Life Insurance Company, The1,846,406$124.1M0.11%+1,640,219+795.5%Added
D. E. Shaw & Co., Inc.1,771,800$119.1M0.12%+1,759,274+14,045.0%Added
Bank of America Corp1,771,193$119.0M0.01%−68,560−3.7%Reduced
Cooke & Bieler LP1,736,565$116.7M1.17%−32,687−1.8%Reduced
Giverny Capital Inc.SuperinvestorGiverny Capital1,655,930$111.3M3.82%+14,308+0.9%Added
Kovitz Investment Group Partners, LLC1,636,112$110.0M0.47%+99,871+6.5%Added
Envestnet Asset Management Inc1,561,516$104.9M0.03%+39,812+2.6%Added
Qube Research & Technologies Ltd1,504,048$101.1M0.14%+1,504,048New
Charles Schwab Investment Management Inc1,476,983$99.3M0.02%−10,573−0.7%Reduced
Northern Trust Corp1,348,636$90.6M0.01%−185,263−12.1%Reduced
Davenport & Co LLC1,346,265$90.2M0.50%+71,787+5.6%Added
Kempen Capital Management N.V.1,335,111$89.7M0.85%+19,630+1.5%Added
UBS Asset Management Americas Inc1,309,092$88.0M0.02%−361,289−21.6%Reduced
Wellington Management Group LLP1,274,126$85.6M0.02%+458,665+56.2%Added
Citadel Advisors LLC1,203,241$80.9M0.07%+584,356+94.4%Added
Millennium Management LLC1,201,306$80.7M0.07%+119,480+11.0%Added
Squarepoint Ops LLC1,078,817$72.5M0.16%−144,463−11.8%Reduced
Vulcan Value Partners, LLC989,986$72.3M1.27%−228,141−18.7%Reduced
Two Sigma Advisers, LP972,700$65.4M0.13%+100,300+11.5%Added
CI Private Wealth, LLC864,350$58.1M0.08%−218,662−20.2%Reduced
Welch & Forbes LLC858,471$57.7M0.72%−15,292−1.8%Reduced
Worldquant Millennium Advisors LLC853,964$57.4M0.29%+588,901+222.2%Added
Bank of New York Mellon Corp764,758$51.4M0.01%−126,742−14.2%Reduced
Marshall Wace, LLP761,301$51.2M0.06%−2,316,658−75.3%Reduced
Man Group plc724,196$48.7M0.11%−243,269−25.1%Reduced
Ameriprise Financial Inc699,093$47.0M0.01%+120,299+20.8%Added
Goldman Sachs Group Inc687,280$46.2M0.01%−234,331−25.4%Reduced
Azora Capital LP681,343$45.8M2.07%+681,343New
Two Sigma Investments, LP670,601$45.1M0.08%+37,976+6.0%Added
Silver Heights Capital Management Inc663,689$44.6M17.01%+105,424+18.9%Added
JPMorgan Chase & Co656,990$44.2M0.00%+340,849+107.8%Added
Weitz Investment Management, Inc.SuperinvestorWeitz Investment Management649,400$43.6M2.35%−155,800−19.3%Reduced
Rings Capital Management LLC626,000$42.1M20.35%+117,500+23.1%Added
ThornTree Capital Partners LP606,928$40.8M6.79%+136,860+29.1%Added
Check Capital Management Inc598,979$40.3M2.65%−10,708−1.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.561,555$37.7M0.13%+200,024+55.3%Added
Renaissance Technologies LLC554,800$37.3M0.05%+487,300+721.9%Added
Ariel Investments, LLC552,977$37.2M0.42%−6,172−1.1%Reduced
Legal & General Group Plc541,289$36.4M0.01%−156,689−22.4%Reduced
DF Dent & Co Inc513,568$34.5M0.44%−304,844−37.2%Reduced
Raymond James Financial Inc504,105$33.9M0.01%+115,848+29.8%Added
Tudor Investment Corp Et Al493,398$33.2M0.25%+374,079+313.5%Added
Citigroup Inc474,985$31.9M0.02%−143,288−23.2%Reduced
Barclays PLC465,554$31.3M0.01%−13,582−2.8%Reduced
Prudential Financial Inc462,626$31.1M0.04%+284,148+159.2%Added
Wells Fargo & Company442,818$29.8M0.01%+17,695+4.2%Added
Mount Capital Ltd439,100$29.5M9.51%+96,400+28.1%Added
Royal Bank of Canada427,609$28.7M0.01%+20,755+5.1%Added
Nuveen, LLC399,398$26.8M0.01%−35,299−8.1%Reduced
Jane Street Group, LLC396,594$26.7M0.04%+374,737+1,714.5%Added
Blair William & Co391,921$26.3M0.07%−64,149−14.1%Reduced
Kiltearn Partners LLP391,400$26.3M5.29%−8,100−2.0%Reduced
Trexquant Investment LP387,532$26.0M0.29%+245,572+173.0%Added
Schwerin Boyle Capital Management Inc384,394$25.8M2.88%−31,675−7.6%Reduced
Nexus Investment Management ULC377,645$25.4M3.79%+26,200+7.5%Added
Acadian Asset Management LLC375,862$25.3M0.05%+366,515+3,921.2%Added
Deutsche Bank AG366,199$24.6M0.01%−416,014−53.2%Reduced
Voloridge Investment Management, LLC359,564$24.2M0.09%+359,564New
Capital Fund Management S.A.358,317$24.1M0.27%+358,317New
Assetmark, Inc332,799$22.4M0.05%+157,640+90.0%Added
Canada Pension Plan Investment Board323,100$21.7M0.02%+201,300+165.3%Added
Eubel Brady & Suttman Asset Management Inc322,571$21.7M2.74%+10,987+3.5%Added
MML Investors Services, LLC321,624$21.6M0.06%+10,280+3.3%Added
Broad Run Investment Management, LLC318,091$21.4M3.27%−30,226−8.7%Reduced
Ieq Capital, LLC317,328$21.3M0.13%+219,064+222.9%Added
Spears Abacus Advisors LLC308,925$20.8M0.42%+260,212+534.2%Added
Rhumbline Advisers308,095$20.7M0.02%−18,556−5.7%Reduced
Fairview Capital Investment Management, LLC306,823$20.6M1.07%+10,926+3.7%Added
American Century Companies Inc296,590$19.9M0.01%−879,106−74.8%Reduced
Swiss National Bank291,300$19.6M0.01%−142,500−32.8%Reduced
HSBC Holdings PLC284,158$19.1M0.01%+44,814+18.7%Added
Makaira Partners LLC272,203$18.3M5.57%00.0%Unchanged
Jupiter Asset Management Ltd260,589$17.5M0.15%+260,589New
Engineers Gate Manager LP252,411$17.0M0.21%+224,830+815.2%Added
Courant Investment Management LLC247,520$16.6M13.47%00.0%Unchanged
Heartland Advisors Inc244,578$16.4M0.92%+113,684+86.9%Added
Avenir Corp224,936$15.1M1.55%−2,364−1.0%Reduced
BNP Paribas Arbitrage, SA224,345$15.1M0.01%−50,071−18.2%Reduced
State of Wisconsin Investment Board219,908$14.8M0.04%+125,759+133.6%Added
Price T Rowe Associates Inc219,596$14.8M0.00%+179+0.1%Added
Clifford Swan Investment Counsel LLC218,695$14.7M0.52%−1,342−0.6%Reduced