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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
Inkwell Capital LLC47,711$3.21M3.43%−410−0.9%Reduced
Public Employees Retirement System of Ohio47,331$3.18M0.01%−318−0.7%Reduced
Cambridge Investment Research Advisors, Inc.47,250$3.18M0.01%+2,405+5.4%Added
Pathstone Holdings, LLC46,835$3.15M0.01%+13,910+42.2%Added
Mariner, LLC46,727$3.14M0.00%+32,475+227.9%Added
Vision Capital Management, Inc.46,321$3.11M0.41%+2,035+4.6%Added
Asset Management Advisors, LLC45,604$3.07M2.06%+25+0.1%Added
Arizona State Retirement System44,545$2.99M0.02%+68+0.2%Added
United Capital Financial Advisers, LLC44,407$2.98M0.02%−1,319−2.9%Reduced
Atria Investments LLC44,293$2.98M0.04%+4,577+11.5%Added
TD Asset Management Inc44,142$2.97M0.00%+2,761+6.7%Added
English Capital Management LLC43,301$2.91M1.92%00.0%Unchanged
Verition Fund Management LLC42,674$2.87M0.02%+31,057+267.3%Added
State of Michigan Retirement System41,448$2.79M0.01%−300−0.7%Reduced
Commerce Bank41,103$2.76M0.02%+37,392+1,007.6%Added
Biglari, Sardar41,100$2.76M5.86%+4,300+11.7%Added
Prescott Group Capital Management, L.L.C.41,000$2.76M0.33%00.0%Unchanged
Handelsbanken Fonder AB40,300$2.71M0.01%−4,600−10.2%Reduced
Campbell & CO Investment Adviser LLC40,154$2.70M0.17%+40,154New
Argent Trust Co38,929$2.62M0.10%+1,114+2.9%Added
MetLife Investment Management38,814$2.61M0.02%−1,616−4.0%Reduced
Pallas Capital Advisors LLC38,716$2.60M0.10%+27,805+254.8%Added
WCM Investment Management, LLC38,991$2.60M0.01%+197+0.5%Added
Teacher Retirement System of Texas38,156$2.56M0.01%+15,661+69.6%Added
Patriot Financial Group Insurance Agency, LLC38,113$2.56M0.29%+6,688+21.3%Added
GWM Advisors LLC38,061$2.56M0.01%+1,987+5.5%Added
Intech Investment Management LLC37,687$2.53M0.02%+18,544+96.9%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys37,361$2.51M0.01%+2,189+6.2%Added
Czech National Bank37,236$2.50M0.02%+1,911+5.4%Added
Daiwa Securities Group Inc.36,901$2.48M0.01%+7,119+23.9%Added
New York Life Investment Management LLC36,544$2.46M0.02%−649−1.7%Reduced
Gilman Hill Asset Management, LLC35,418$2.38M0.39%+640+1.8%Added
First Trust Advisors LP34,999$2.35M0.00%−20,638−37.1%Reduced
Oak Thistle LLC34,613$2.33M0.34%+34,613New
Assenagon Asset Management S.A.33,999$2.29M0.00%+3,171+10.3%Added
Regions Financial Corp33,699$2.26M0.02%+869+2.6%Added
Toronto Dominion Bank33,448$2.25M0.00%−20,497−38.0%Reduced
Voya Financial Advisors, Inc.33,616$2.24M0.23%+1,656+5.2%Added
Sheets Smith Wealth Management33,200$2.23M0.26%00.0%Unchanged
Retirement Systems of Alabama32,690$2.20M0.01%−360−1.1%Reduced
Brasada Capital Management, LP30,683$2.17M0.37%−1,605−5.0%Reduced
Centiva Capital, LP32,183$2.16M0.14%+18,200+130.2%Added
Colony Group, LLC32,174$2.16M0.00%+14,075+77.8%Added
Franklin Resources Inc32,038$2.15M0.00%−3,754−10.5%Reduced
KLP Kapitalforvaltning AS31,700$2.13M0.01%−25,756−44.8%Reduced
Greenup Street Wealth Management LLC31,488$2.12M0.37%+631+2.0%Added
Public Sector Pension Investment Board31,385$2.11M0.01%+10,295+48.8%Added
DekaBank Deutsche Girozentrale31,245$2.08M0.00%+206+0.7%Added
Merit Financial Group, LLC30,773$2.07M0.02%+17,644+134.4%Added
Armistice Capital, LLC30,295$2.04M0.08%+15,315+102.2%Added
Mercer Global Advisors Inc30,050$2.02M0.00%+15,305+103.8%Added
Waycross Partners, LLC30,000$2.02M0.19%00.0%Unchanged
Amalgamated Bank29,544$1.99M0.02%−316−1.1%Reduced
Lakewood Asset Management LLC29,202$1.96M1.31%−399−1.3%Reduced
Pictet Asset Management Holding SA29,040$1.95M0.00%−69,920−70.7%Reduced
Virtu Financial LLC28,334$1.90M0.10%+28,334New
ProShare Advisors LLC28,310$1.90M0.00%−119−0.4%Reduced
Fox Run Management, L.L.C.28,072$1.89M0.31%+28,072New
HF Advisory Group, LLC27,763$1.87M0.74%+2,580+10.2%Added
Machina Capital S.A.S.27,102$1.82M0.38%+27,102New
CIBC World Markets Corp26,788$1.80M0.01%−7,403−21.7%Reduced
Birch Hill Investment Advisors LLC26,649$1.79M0.08%−2,385−8.2%Reduced
State of Tennessee, Treasury Department26,268$1.77M0.01%−18,217−41.0%Reduced
Thrivent Financial for Lutherans26,230$1.76M0.00%+17,548+202.1%Added
Andra AP-fonden26,213$1.76M0.02%−2,971−10.2%Reduced
Investment Research & Advisory Group, Inc.26,126$1.76M0.66%−3,290−11.2%Reduced
Creative Planning25,879$1.74M0.00%+8,032+45.0%Added
Mirae Asset Global ETFs Holdings Ltd.25,570$1.72M0.00%−5,819−18.5%Reduced
Burgundy Asset Management Ltd.25,460$1.71M0.02%+25,460New
UniSuper Management Pty Ltd25,435$1.71M0.01%−686−2.6%Reduced
Utah Retirement Systems25,367$1.70M0.02%−242−0.9%Reduced
Occudo Quantitative Strategies LP25,324$1.70M0.19%−11,131−30.5%Reduced
Lighthouse Investment Partners, LLC25,220$1.70M0.07%−46,353−64.8%Reduced
Quantbot Technologies LP25,108$1.69M0.04%−23,876−48.7%Reduced
Brevan Howard Capital Management LP24,842$1.67M0.02%+24,842New
Summit Trail Advisors, LLC24,766$1.66M0.03%+24,766New
Candriam Luxembourg S.C.A.24,506$1.65M0.01%+15,513+172.5%Added
Brighton Jones LLC24,490$1.65M0.04%+24,490New
B. Metzler seel. Sohn & Co. AG24,443$1.64M0.02%+20,597+535.5%Added
Brinker Capital Investments, LLC24,411$1.64M0.01%+3,070+14.4%Added
CWA Asset Management Group, LLC24,336$1.64M0.07%−1,474−5.7%Reduced
Inceptionr LLC24,267$1.63M0.38%+24,267New
Unique Wealth Strategies, LLC24,071$1.62M0.68%−4,377−15.4%Reduced
Semmax Financial Advisors Inc.29,330$1.61M0.42%−8,821−23.1%Reduced
CIBC Private Wealth Group, LLC23,547$1.58M0.00%−305−1.3%Reduced
Crux Wealth Advisors23,408$1.57M0.67%+7,822+50.2%Added
Maia Wealth LLC23,341$1.57M0.30%−2,758−10.6%Reduced
Comerica Bank23,271$1.56M0.01%−14,682−38.7%Reduced
US Bancorp23,135$1.55M0.00%−5,133−18.2%Reduced
Sompo Asset Management Co., Ltd.22,593$1.52M0.26%−1,460−6.1%Reduced
Oxford Asset Management LLP22,527$1.51M0.50%+17,431+342.1%Added
Neo Ivy Capital Management22,160$1.49M0.48%+22,160New
Oddo BHF Asset Management SAS21,789$1.46M0.06%−597−2.7%Reduced
Yousif Capital Management, LLC21,286$1.43M0.02%−84−0.4%Reduced
Twin City Private Wealth, LLC21,059$1.42M1.16%+359+1.7%Added
FSB Premier Wealth Management, Inc.21,029$1.41M0.50%+2,464+13.3%Added
Triangle Securities Wealth Management20,613$1.39M0.34%+395+2.0%Added
Commonwealth Equity Services, LLC20,475$1.38M0.00%+1,415+7.4%Added
Farley Capital L.P.20,257$1.36M1.07%+20,257New
Bard Financial Services, Inc.19,800$1.33M0.16%−1,500−7.0%Reduced