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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
SEI Investments Co140,376$9.43M0.01%+9,277+7.1%Added
Banyan Capital Management, Inc.140,827$9.46M4.87%+8,478+6.4%Added
Gotham Asset Management, LLC141,846$9.53M0.06%−18,446−11.5%Reduced
Nixon Capital, LLC142,471$9.58M3.12%−84,434−37.2%Reduced
Glenmede Investment Management, LP145,377$9.77M0.05%+145,377New
California State Teachers Retirement System146,322$9.83M0.01%−73,988−33.6%Reduced
Eldred Rock Partners, LLC147,143$9.89M3.01%−7,798−5.0%Reduced
Hutchinson Capital Management148,230$9.96M1.82%−3,934−2.6%Reduced
Akre Capital Management LLCSuperinvestorAkre Capital Management150,600$10.1M0.10%−54,675−26.6%Reduced
State Board of Administration of Florida Retirement System151,823$10.2M0.02%−7,388−4.6%Reduced
Ninety One UK Ltd154,235$10.4M0.02%−25,914−14.4%Reduced
Brown Advisory Inc154,379$10.4M0.01%−24,886−13.9%Reduced
First Manhattan Co155,814$10.5M0.03%−2,165−1.4%Reduced
Cetera Investment Advisers155,837$10.5M0.02%+1,156+0.7%Added
FMR LLC156,880$10.5M0.00%−458,235−74.5%Reduced
Stifel Financial Corp157,045$10.6M0.01%+15,034+10.6%Added
London Co of Virginia157,194$10.6M0.06%−783−0.5%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.159,105$10.7M0.01%−116,682−42.3%Reduced
Alliancebernstein L.P.159,876$10.7M0.00%−33,528−17.3%Reduced
Advisor Group Holdings, Inc.159,895$10.8M0.02%+52,576+49.0%Added
Gagnon Securities LLC163,417$11.0M2.23%+6,067+3.9%Added
Massmutual Trust Co FSB174,273$11.7M0.31%+9,927+6.0%Added
Hantz Financial Services, Inc.191,827$12.9M0.21%+59,840+45.3%Added
Oppenheimer & Co Inc194,047$13.0M0.17%−825−0.4%Reduced
Aquatic Capital Management LLC196,588$13.2M0.27%+196,588New
Old National Bancorp197,045$13.2M0.24%+3,629+1.9%Added
HRT Financial LP199,861$13.4M0.06%+180,749+945.7%Added
California Public Employees Retirement System201,767$13.6M0.01%−38,136−15.9%Reduced
Bank of Montreal206,062$13.8M0.01%−15,390−6.9%Reduced
LPL Financial LLC218,519$14.7M0.00%−5,432−2.4%Reduced
Clifford Swan Investment Counsel LLC218,695$14.7M0.52%−1,342−0.6%Reduced
Price T Rowe Associates Inc219,596$14.8M0.00%+179+0.1%Added
State of Wisconsin Investment Board219,908$14.8M0.04%+125,759+133.6%Added
BNP Paribas Arbitrage, SA224,345$15.1M0.01%−50,071−18.2%Reduced
Avenir Corp224,936$15.1M1.55%−2,364−1.0%Reduced
Heartland Advisors Inc244,578$16.4M0.92%+113,684+86.9%Added
Courant Investment Management LLC247,520$16.6M13.47%00.0%Unchanged
Engineers Gate Manager LP252,411$17.0M0.21%+224,830+815.2%Added
Jupiter Asset Management Ltd260,589$17.5M0.15%+260,589New
Makaira Partners LLC272,203$18.3M5.57%00.0%Unchanged
HSBC Holdings PLC284,158$19.1M0.01%+44,814+18.7%Added
Swiss National Bank291,300$19.6M0.01%−142,500−32.8%Reduced
American Century Companies Inc296,590$19.9M0.01%−879,106−74.8%Reduced
Fairview Capital Investment Management, LLC306,823$20.6M1.07%+10,926+3.7%Added
Rhumbline Advisers308,095$20.7M0.02%−18,556−5.7%Reduced
Spears Abacus Advisors LLC308,925$20.8M0.42%+260,212+534.2%Added
Ieq Capital, LLC317,328$21.3M0.13%+219,064+222.9%Added
Broad Run Investment Management, LLC318,091$21.4M3.27%−30,226−8.7%Reduced
MML Investors Services, LLC321,624$21.6M0.06%+10,280+3.3%Added
Eubel Brady & Suttman Asset Management Inc322,571$21.7M2.74%+10,987+3.5%Added
Canada Pension Plan Investment Board323,100$21.7M0.02%+201,300+165.3%Added
Assetmark, Inc332,799$22.4M0.05%+157,640+90.0%Added
Capital Fund Management S.A.358,317$24.1M0.27%+358,317New
Voloridge Investment Management, LLC359,564$24.2M0.09%+359,564New
Deutsche Bank AG366,199$24.6M0.01%−416,014−53.2%Reduced
Acadian Asset Management LLC375,862$25.3M0.05%+366,515+3,921.2%Added
Nexus Investment Management ULC377,645$25.4M3.79%+26,200+7.5%Added
Schwerin Boyle Capital Management Inc384,394$25.8M2.88%−31,675−7.6%Reduced
Trexquant Investment LP387,532$26.0M0.29%+245,572+173.0%Added
Kiltearn Partners LLP391,400$26.3M5.29%−8,100−2.0%Reduced
Blair William & Co391,921$26.3M0.07%−64,149−14.1%Reduced
Jane Street Group, LLC396,594$26.7M0.04%+374,737+1,714.5%Added
Nuveen, LLC399,398$26.8M0.01%−35,299−8.1%Reduced
Royal Bank of Canada427,609$28.7M0.01%+20,755+5.1%Added
Mount Capital Ltd439,100$29.5M9.51%+96,400+28.1%Added
Wells Fargo & Company442,818$29.8M0.01%+17,695+4.2%Added
Prudential Financial Inc462,626$31.1M0.04%+284,148+159.2%Added
Barclays PLC465,554$31.3M0.01%−13,582−2.8%Reduced
Citigroup Inc474,985$31.9M0.02%−143,288−23.2%Reduced
Tudor Investment Corp Et Al493,398$33.2M0.25%+374,079+313.5%Added
Raymond James Financial Inc504,105$33.9M0.01%+115,848+29.8%Added
DF Dent & Co Inc513,568$34.5M0.44%−304,844−37.2%Reduced
Legal & General Group Plc541,289$36.4M0.01%−156,689−22.4%Reduced
Ariel Investments, LLC552,977$37.2M0.42%−6,172−1.1%Reduced
Renaissance Technologies LLC554,800$37.3M0.05%+487,300+721.9%Added
Connor, Clark & Lunn Investment Management Ltd.561,555$37.7M0.13%+200,024+55.3%Added
Check Capital Management Inc598,979$40.3M2.65%−10,708−1.8%Reduced
ThornTree Capital Partners LP606,928$40.8M6.79%+136,860+29.1%Added
Rings Capital Management LLC626,000$42.1M20.35%+117,500+23.1%Added
Weitz Investment Management, Inc.SuperinvestorWeitz Investment Management649,400$43.6M2.35%−155,800−19.3%Reduced
JPMorgan Chase & Co656,990$44.2M0.00%+340,849+107.8%Added
Silver Heights Capital Management Inc663,689$44.6M17.01%+105,424+18.9%Added
Two Sigma Investments, LP670,601$45.1M0.08%+37,976+6.0%Added
Azora Capital LP681,343$45.8M2.07%+681,343New
Goldman Sachs Group Inc687,280$46.2M0.01%−234,331−25.4%Reduced
Ameriprise Financial Inc699,093$47.0M0.01%+120,299+20.8%Added
Man Group plc724,196$48.7M0.11%−243,269−25.1%Reduced
Marshall Wace, LLP761,301$51.2M0.06%−2,316,658−75.3%Reduced
Bank of New York Mellon Corp764,758$51.4M0.01%−126,742−14.2%Reduced
Worldquant Millennium Advisors LLC853,964$57.4M0.29%+588,901+222.2%Added
Welch & Forbes LLC858,471$57.7M0.72%−15,292−1.8%Reduced
CI Private Wealth, LLC864,350$58.1M0.08%−218,662−20.2%Reduced
Two Sigma Advisers, LP972,700$65.4M0.13%+100,300+11.5%Added
Vulcan Value Partners, LLC989,986$72.3M1.27%−228,141−18.7%Reduced
Squarepoint Ops LLC1,078,817$72.5M0.16%−144,463−11.8%Reduced
Millennium Management LLC1,201,306$80.7M0.07%+119,480+11.0%Added
Citadel Advisors LLC1,203,241$80.9M0.07%+584,356+94.4%Added
Wellington Management Group LLP1,274,126$85.6M0.02%+458,665+56.2%Added
UBS Asset Management Americas Inc1,309,092$88.0M0.02%−361,289−21.6%Reduced
Kempen Capital Management N.V.1,335,111$89.7M0.85%+19,630+1.5%Added