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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 557 | $7.80B |
| Q1 2026 | 550 | $6.36B |
| Q4 2025 | 537 | $5.83B |
| Q3 2025 | 622 | $6.54B |
| Q2 2025 | 731 | $10.7B |
| Q1 2025 | 753 | $12.6B |
| Q4 2024 | 750 | $13.1B |
| Q3 2024 | 743 | $12.6B |
| Q2 2024 | 707 | $12.4B |
| Q1 2024 | 716 | $15.0B |
| Q4 2023 | 706 | $13.0B |
| Q3 2023 | 683 | $11.9B |
| Q2 2023 | 705 | $13.9B |
| Q1 2023 | 674 | $11.0B |
| Q4 2022 | 659 | $10.4B |
| Q3 2022 | 640 | $10.9B |
| Q2 2022 | 693 | $14.7B |
| Q1 2022 | 696 | $16.0B |
| Q4 2021 | 737 | $20.3B |
| Q3 2021 | 685 | $19.9B |
| Q2 2021 | 682 | $20.3B |
| Q1 2021 | 699 | $20.4B |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding CarMax Inc; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Daiwa Securities Group Inc. | 36,901 | $2.48M | 0.01% | +7,119+23.9% | Added |
| Czech National Bank | 37,236 | $2.50M | 0.02% | +1,911+5.4% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 37,361 | $2.51M | 0.01% | +2,189+6.2% | Added |
| Intech Investment Management LLC | 37,687 | $2.53M | 0.02% | +18,544+96.9% | Added |
| GWM Advisors LLC | 38,061 | $2.56M | 0.01% | +1,987+5.5% | Added |
| Patriot Financial Group Insurance Agency, LLC | 38,113 | $2.56M | 0.29% | +6,688+21.3% | Added |
| Teacher Retirement System of Texas | 38,156 | $2.56M | 0.01% | +15,661+69.6% | Added |
| WCM Investment Management, LLC | 38,991 | $2.60M | 0.01% | +197+0.5% | Added |
| Pallas Capital Advisors LLC | 38,716 | $2.60M | 0.10% | +27,805+254.8% | Added |
| MetLife Investment Management | 38,814 | $2.61M | 0.02% | −1,616−4.0% | Reduced |
| Argent Trust Co | 38,929 | $2.62M | 0.10% | +1,114+2.9% | Added |
| Campbell & CO Investment Adviser LLC | 40,154 | $2.70M | 0.17% | +40,154 | New |
| Handelsbanken Fonder AB | 40,300 | $2.71M | 0.01% | −4,600−10.2% | Reduced |
| Prescott Group Capital Management, L.L.C. | 41,000 | $2.76M | 0.33% | 00.0% | Unchanged |
| Biglari, Sardar | 41,100 | $2.76M | 5.86% | +4,300+11.7% | Added |
| Commerce Bank | 41,103 | $2.76M | 0.02% | +37,392+1,007.6% | Added |
| State of Michigan Retirement System | 41,448 | $2.79M | 0.01% | −300−0.7% | Reduced |
| Verition Fund Management LLC | 42,674 | $2.87M | 0.02% | +31,057+267.3% | Added |
| English Capital Management LLC | 43,301 | $2.91M | 1.92% | 00.0% | Unchanged |
| TD Asset Management Inc | 44,142 | $2.97M | 0.00% | +2,761+6.7% | Added |
| Atria Investments LLC | 44,293 | $2.98M | 0.04% | +4,577+11.5% | Added |
| United Capital Financial Advisers, LLC | 44,407 | $2.98M | 0.02% | −1,319−2.9% | Reduced |
| Arizona State Retirement System | 44,545 | $2.99M | 0.02% | +68+0.2% | Added |
| Asset Management Advisors, LLC | 45,604 | $3.07M | 2.06% | +25+0.1% | Added |
| Vision Capital Management, Inc. | 46,321 | $3.11M | 0.41% | +2,035+4.6% | Added |
| Mariner, LLC | 46,727 | $3.14M | 0.00% | +32,475+227.9% | Added |
| Pathstone Holdings, LLC | 46,835 | $3.15M | 0.01% | +13,910+42.2% | Added |
| Cambridge Investment Research Advisors, Inc. | 47,250 | $3.18M | 0.01% | +2,405+5.4% | Added |
| Public Employees Retirement System of Ohio | 47,331 | $3.18M | 0.01% | −318−0.7% | Reduced |
| Inkwell Capital LLC | 47,711 | $3.21M | 3.43% | −410−0.9% | Reduced |
| Ensign Peak Advisors, Inc | 48,822 | $3.28M | 0.01% | −8,361−14.6% | Reduced |
| The PNC Financial Services Group, Inc. | 49,454 | $3.32M | 0.00% | −12,527−20.2% | Reduced |
| State of New Jersey Common Pension Fund D | 50,925 | $3.42M | 0.01% | 00.0% | Unchanged |
| Bayesian Capital Management, LP | 50,946 | $3.42M | 0.54% | +12,646+33.0% | Added |
| Redmond Asset Management, LLC | 51,298 | $3.45M | 0.82% | +495+1.0% | Added |
| Alpha Omega Wealth Management LLC | 54,783 | $3.68M | 0.66% | +3,105+6.0% | Added |
| Ascent Group, LLC | 56,384 | $3.79M | 0.15% | +5,290+10.4% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 57,021 | $3.83M | 0.01% | +26,619+87.6% | Added |
| Graybill Bartz & Assoc Ltd | 57,036 | $3.83M | 1.25% | +24,005+72.7% | Added |
| Great West Life Assurance Co | 57,063 | $3.84M | 0.01% | −43,656−43.3% | Reduced |
| King Luther Capital Management Corp | 57,169 | $3.84M | 0.02% | +1,244+2.2% | Added |
| Victory Capital Management Inc | 57,331 | $3.85M | 0.00% | −336−0.6% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 57,979 | $3.90M | 0.00% | −288,180−83.3% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 58,128 | $3.91M | 0.04% | +35,402+155.8% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 60,913 | $4.09M | 0.01% | −34,156−35.9% | Reduced |
| New York State Common Retirement Fund | 60,920 | $4.09M | 0.01% | 00.0% | Unchanged |
| Harvey Investment Co LLC | 61,303 | $4.12M | 0.45% | −1,680−2.7% | Reduced |
| Entropy Technologies, LP | 61,454 | $4.13M | 0.33% | +52,144+560.1% | Added |
| PDT Partners, LLC | 62,168 | $4.18M | 0.24% | +48,498+354.8% | Added |
| Royal London Asset Management Ltd | 64,918 | $4.36M | 0.01% | −7,816−10.7% | Reduced |
| Natixis Advisors, L.P. | 70,393 | $4.73M | 0.01% | −45,287−39.1% | Reduced |
| Captrust Financial Advisors | 70,999 | $4.77M | 0.01% | +8,390+13.4% | Added |
| Treasurer of the State of North Carolina | 71,217 | $4.79M | 0.02% | +406+0.6% | Added |
| Russell Investments Group, Ltd. | 71,775 | $4.82M | 0.01% | −31,050−30.2% | Reduced |
| True North Advisors, LLC | 74,292 | $4.99M | 0.96% | +17,513+30.8% | Added |
| Truist Financial Corp | 74,422 | $5.00M | 0.01% | +1,526+2.1% | Added |
| Principal Securities, Inc. | 75,047 | $5.04M | 0.09% | +617+0.8% | Added |
| APG Asset Management N.V. | 88,200 | $5.05M | 0.01% | +3,400+4.0% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 77,166 | $5.19M | 0.01% | −78,111−50.3% | Reduced |
| Long Road Investment Counsel, LLC | 78,080 | $5.25M | 1.96% | −220−0.3% | Reduced |
| Nisa Investment Advisors, LLC | 78,390 | $5.27M | 0.02% | +89+0.1% | Added |
| Neuberger Berman Group LLC | 78,658 | $5.29M | 0.00% | −150.0% | Reduced |
| Van Eck Associates Corp | 79,203 | $5.32M | 0.01% | −6,624−7.7% | Reduced |
| Hillman Capital Management, Inc. | 79,610 | $5.35M | 2.92% | −4,491−5.3% | Reduced |
| XTX Topco Ltd | 79,972 | $5.37M | 0.22% | +61,105+323.9% | Added |
| Chevy Chase Trust Holdings, Inc. | 80,463 | $5.41M | 0.02% | −1,174−1.4% | Reduced |
| Live Oak Private Wealth LLC | 81,413 | $5.47M | 0.82% | −1,493−1.8% | Reduced |
| Kettle Hill Capital Management, LLC | 85,638 | $5.76M | 1.33% | +40,598+90.1% | Added |
| Y-Intercept (Hong Kong) Ltd | 85,676 | $5.76M | 0.14% | +85,676 | New |
| Steward Partners Investment Advisory, LLC | 86,279 | $5.80M | 0.05% | +18,179+26.7% | Added |
| Dark Forest Capital Management LP | 89,145 | $5.99M | 0.24% | +69,054+343.7% | Added |
| Susquehanna International Group, LLP | 91,514 | $6.15M | 0.01% | +42,579+87.0% | Added |
| Voya Investment Management LLC | 92,271 | $6.20M | 0.01% | +3,313+3.7% | Added |
| Wealth Enhancement Advisory Services, LLC | 88,329 | $6.24M | 0.01% | +65,850+292.9% | Added |
| Amundi | 90,959 | $6.51M | 0.00% | −329,155−78.3% | Reduced |
| ProVise Management Group, LLC | 99,227 | $6.67M | 0.53% | +5,462+5.8% | Added |
| Brandywine Global Investment Management, LLC | 100,065 | $6.73M | 0.05% | +7,142+7.7% | Added |
| Cerity Partners LLC | 100,357 | $6.74M | 0.01% | +49,344+96.7% | Added |
| WS Management LLLP | 100,455 | $6.75M | 1.18% | 00.0% | Unchanged |
| Wedge Capital Management L L P | 102,632 | $6.90M | 0.12% | +36,376+54.9% | Added |
| SG Americas Securities, LLC | 103,084 | $6.93M | 0.03% | +91,781+812.0% | Added |
| Leith Wheeler Investment Counsel Ltd. | 104,826 | $7.05M | 0.50% | −2,812−2.6% | Reduced |
| National Bank of Canada | 106,760 | $7.18M | 0.01% | +20,014+23.1% | Added |
| Pensionmark Financial Group, LLC | 108,630 | $7.30M | 0.17% | +5,261+5.1% | Added |
| CWM, LLC | 108,803 | $7.31M | 0.03% | +68,626+170.8% | Added |
| Kornitzer Capital Management Inc | 109,220 | $7.34M | 0.15% | +109,220 | New |
| Standard Life Aberdeen plc | 115,101 | $7.74M | 0.01% | +4,572+4.1% | Added |
| Gabelli Funds LLC | 119,000 | $8.00M | 0.06% | +46,000+63.0% | Added |
| Quantinno Capital Management LP | 122,567 | $8.24M | 0.04% | +117+0.1% | Added |
| New York State Teachers Retirement System | 123,565 | $8.30M | 0.02% | −400.0% | Reduced |
| Biglari Capital Corp. | 125,420 | $8.43M | 0.97% | 00.0% | Unchanged |
| Baillie Gifford & Co | 126,439 | $8.50M | 0.01% | +110.0% | Added |
| Twin Tree Management, LP | 129,454 | $8.70M | 0.22% | +129,454 | New |
| Vancity Investment Management Ltd | 130,978 | $8.80M | 1.11% | −4,778−3.5% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 131,481 | $8.84M | 0.03% | −771,543−85.4% | Reduced |
| Marathon Asset Mgmt Ltd | 131,941 | $8.87M | 0.28% | −1,865−1.4% | Reduced |
| Needham Investment Management LLC | 132,500 | $8.91M | 0.71% | −5,000−3.6% | Reduced |
| Schonfeld Strategic Advisors LLC | 135,779 | $9.13M | 0.07% | +17,001+14.3% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 136,500 | $9.17M | 0.08% | 00.0% | Unchanged |
| Algert Global LLC | 140,092 | $9.42M | 0.20% | +90,930+185.0% | Added |