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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
Davenport & Co LLC1,346,265$90.2M0.50%+71,787+5.6%Added
Northern Trust Corp1,348,636$90.6M0.01%−185,263−12.1%Reduced
Charles Schwab Investment Management Inc1,476,983$99.3M0.02%−10,573−0.7%Reduced
Qube Research & Technologies Ltd1,504,048$101.1M0.14%+1,504,048New
Envestnet Asset Management Inc1,561,516$104.9M0.03%+39,812+2.6%Added
Kovitz Investment Group Partners, LLC1,636,112$110.0M0.47%+99,871+6.5%Added
Giverny Capital Inc.SuperinvestorGiverny Capital1,655,930$111.3M3.82%+14,308+0.9%Added
Cooke & Bieler LP1,736,565$116.7M1.17%−32,687−1.8%Reduced
Bank of America Corp1,771,193$119.0M0.01%−68,560−3.7%Reduced
D. E. Shaw & Co., Inc.1,771,800$119.1M0.12%+1,759,274+14,045.0%Added
Manufacturers Life Insurance Company, The1,846,406$124.1M0.11%+1,640,219+795.5%Added
Arrowstreet Capital, Limited Partnership2,028,718$136.4M0.10%+1,894,408+1,410.5%Added
UBS Group AG2,198,171$147.7M0.03%−801,581−26.7%Reduced
Morgan Stanley2,414,253$162.3M0.01%+279,387+13.1%Added
First Pacific Advisors, LP2,431,244$163.4M2.34%+15,270+0.6%Added
Principal Financial Group Inc2,571,945$172.9M0.09%−4,015,349−61.0%Reduced
Turtle Creek Asset Management Inc.2,690,850$180.9M5.25%+88,600+3.4%Added
Dimensional Fund Advisors LP2,766,648$185.9M0.04%+966,373+53.7%Added
Fiduciary Management Inc2,873,565$193.1M1.85%+221,835+8.4%Added
Invesco Ltd.2,998,928$201.6M0.03%+135,334+4.7%Added
Norges Bank3,096,919$208.1M0.03%−2,509,539−44.8%Reduced
Baird Financial Group, Inc.3,298,113$221.7M0.39%+204,481+6.6%Added
Geode Capital Management, LLC3,807,259$255.4M0.02%−12,959−0.3%Reduced
AQR Capital Management LLC4,457,340$298.1M0.25%+2,947,996+195.3%Added
Primecap Management Co4,737,911$318.4M0.25%−31,395−0.7%Reduced
Janus Henderson Group PLC4,828,469$324.5M0.16%+84,277+1.8%Added
State Street Corp5,668,731$381.0M0.01%−545,041−8.8%Reduced
Diamond Hill Capital Management Inc6,961,938$467.9M2.15%+1,102,820+18.8%Added
BlackRock, Inc.10,838,401$728.4M0.01%−1,247,877−10.3%Reduced
Vanguard Group Inc17,564,869$1.18B0.02%−521,892−2.9%Reduced
Soundwatch Capital LLC2,325––+2,325New
Holocene Advisors, LP0$00.00%−3,366,823−100.0%Sold out
Maple Rock Capital Partners Inc.0$00.00%−433,528−100.0%Sold out
Mane Global Capital Management LP0$00.00%−325,276−100.0%Sold out
Aureus Asset Management, LLC0$00.00%−305,941−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−269,116−100.0%Sold out
Philadelphia Financial Management of San Francisco, LLC0$00.00%−210,082−100.0%Sold out
Eisler Capital Management Ltd.0$00.00%−125,519−100.0%Sold out
Freestone Grove Partners LP0$00.00%−124,869−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−113,225−100.0%Sold out
Nicholas Company, Inc.0$00.00%−109,900−100.0%Sold out
Woodline Partners LP0$00.00%−102,944−100.0%Sold out
EVR Research LP0$00.00%−90,000−100.0%Sold out
Maverick Capital LtdSuperinvestorMaverick Capital0$00.00%−79,042−100.0%Sold out
Danske Bank A/S0$00.00%−64,064−100.0%Sold out
AMF Pensionsforsakring AB0$00.00%−63,371−100.0%Sold out
Elgethun Capital Management0$00.00%−61,907−100.0%Sold out
Timber Creek Capital Management LLC0$00.00%−57,466−100.0%Sold out
Mn Services Vermogensbeheer B.V.0$00.00%−56,100−100.0%Sold out
SG Capital Management LLC0$00.00%−54,565−100.0%Sold out
J. Safra Sarasin Holding AG0$00.00%−38,751−100.0%Sold out
HITE Hedge Asset Management LLC0$00.00%−37,436−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−35,464−100.0%Sold out
Skandinaviska Enskilda Banken AB (publ)0$00.00%−31,784−100.0%Sold out
Forsta Ap-Fonden0$00.00%−31,400−100.0%Sold out
British Columbia Investment Management Corp0$00.00%−29,415−100.0%Sold out
Delta Global Management LP0$00.00%−26,905−100.0%Sold out
DnB Asset Management AS0$00.00%−26,161−100.0%Sold out
Illinois Municipal Retirement Fund0$00.00%−25,998−100.0%Sold out
IFM Investors Pty Ltd0$00.00%−25,810−100.0%Sold out
Concentric Capital Strategies, LP0$00.00%−25,538−100.0%Sold out
TownSquare Capital, LLC0$00.00%−22,452−100.0%Sold out
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund0$00.00%−20,600−100.0%Sold out
Greenland Capital Management LP0$00.00%−20,446−100.0%Sold out
Nissay Asset Management Corp0$00.00%−18,724−100.0%Sold out
OP Asset Management Ltd0$00.00%−17,229−100.0%Sold out
Hyperion Capital Advisors LP0$00.00%−16,327−100.0%Sold out
Avanza Fonder AB0$00.00%−14,289−100.0%Sold out
Robeco Institutional Asset Management B.V.0$00.00%−13,530−100.0%Sold out
Nordea Investment Management AB0$00.00%−12,703−100.0%Sold out
Hudson Bay Capital Management LP0$00.00%−12,470−100.0%Sold out
Tredje AP-fonden0$00.00%−12,414−100.0%Sold out
Allianz Asset Management GmbH0$00.00%−11,849−100.0%Sold out
Banque Cantonale Vaudoise0$00.00%−11,417−100.0%Sold out
Sig Brokerage, LP0$00.00%−11,194−100.0%Sold out
Procyon Private Wealth Partners, LLC0$00.00%−9,450−100.0%Sold out
Blueshift Asset Management, LLC0$00.00%−8,555−100.0%Sold out
Gulf International Bank (UK) Ltd0$00.00%−8,154−100.0%Sold out
E. Ohman J:or Asset Management AB0$00.00%−7,900−100.0%Sold out
Allstate Corp0$00.00%−7,355−100.0%Sold out
Shay Capital LLC0$00.00%−6,850−100.0%Sold out
Tokio Marine Asset Management Co Ltd0$00.00%−6,590−100.0%Sold out
Gilbert & Cook, Inc.0$00.00%−6,456−100.0%Sold out
Contravisory Investment Management, Inc.0$00.00%−6,289−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−6,168−100.0%Sold out
Prudential PLC0$00.00%−5,974−100.0%Sold out
Altfest L J & Co Inc0$00.00%−5,968−100.0%Sold out
HighTower Advisors, LLC0$00.00%−5,839−100.0%Sold out
ISAM Funds (UK) Ltd0$00.00%−5,716−100.0%Sold out
BI Asset Management Fondsmaeglerselskab A/S0$00.00%−5,216−100.0%Sold out
Polymer Capital Management (US) LLC0$00.00%−4,875−100.0%Sold out
Nomura Holdings Inc0$00.00%−4,864−100.0%Sold out
Schroder Investment Management Group0$00.00%−4,847−100.0%Sold out
Investment Management Corp of Ontario0$00.00%−4,393−100.0%Sold out
Baker Tilly Wealth Management, LLC0$00.00%−3,912−100.0%Sold out
Wedbush Securities Inc0$00.00%−3,847−100.0%Sold out
Milestone Asset Management, LLC0$00.00%−3,735−100.0%Sold out
United Services Automobile Association0$00.00%−3,781−100.0%Sold out
Smith Group Asset Management, LLC0$00.00%−3,670−100.0%Sold out
C M Bidwell & Associates Ltd0$00.00%−3,533−100.0%Sold out