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, Q3 2025
Institutional positions in CarMax Inc as of Sep 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
- 622
- −99 vs. Q2 2025
- Shares held
- 145.7M
- −11.0M (−7.0%) vs. Q2 2025
- Total value
- $6.54B
- −$4.00B (−37.9%) vs. Q2 2025
- New holders
- 64
- 230 more added
- Sold out
- 163
- 254 more reduced
10 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding CarMax Inc; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 16,899,149 | $758.3M | 0.01% | −665,720−3.8% | Reduced |
| BlackRock, Inc. | 11,482,251 | $515.2M | 0.01% | +643,850+5.9% | Added |
| State Street Corp | 5,541,586 | $248.7M | 0.01% | −127,145−2.2% | Reduced |
| Janus Henderson Group PLC | 4,875,229 | $218.8M | 0.10% | +46,760+1.0% | Added |
| Diamond Hill Capital Management Inc | 4,833,319 | $216.9M | 1.03% | −2,128,619−30.6% | Reduced |
| Primecap Management Co | 4,560,371 | $204.6M | 0.16% | −177,540−3.7% | Reduced |
| Dimensional Fund Advisors LP | 3,685,201 | $165.4M | 0.04% | +918,553+33.2% | Added |
| Arrowstreet Capital, Limited Partnership | 3,522,923 | $158.1M | 0.10% | +1,494,205+73.7% | Added |
| Invesco Ltd. | 3,425,737 | $153.7M | 0.02% | +426,809+14.2% | Added |
| Baird Financial Group, Inc. | 3,414,489 | $153.2M | 0.25% | +116,376+3.5% | Added |
| Geode Capital Management, LLC | 3,417,016 | $153.0M | 0.01% | −390,243−10.2% | Reduced |
| Fiduciary Management Inc | 3,249,561 | $145.8M | 1.48% | +375,996+13.1% | Added |
| AQR Capital Management LLC | 3,149,442 | $140.5M | 0.09% | −1,307,898−29.3% | Reduced |
| Turtle Creek Asset Management Inc. | 2,707,477 | $121.5M | 3.67% | +16,627+0.6% | Added |
| Morgan Stanley | 2,482,840 | $111.4M | 0.01% | +68,587+2.8% | Added |
| First Pacific Advisors, LP | 2,481,461 | $111.3M | 1.54% | +50,217+2.1% | Added |
| Vulcan Value Partners, LLC | 2,328,120 | $104.6M | 1.90% | +1,338,134+135.2% | Added |
| Cooke & Bieler LP | 2,241,359 | $100.6M | 1.04% | +504,794+29.1% | Added |
| Manufacturers Life Insurance Company, The | 2,185,739 | $98.1M | 0.08% | +339,333+18.4% | Added |
| Bank of America Corp | 1,726,142 | $77.5M | 0.01% | −45,051−2.5% | Reduced |
| UBS Group AG | 1,692,373 | $75.9M | 0.01% | −505,798−23.0% | Reduced |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 1,670,114 | $74.9M | 2.54% | +14,184+0.9% | Added |
| Qube Research & Technologies Ltd | 1,636,364 | $73.4M | 0.10% | +132,316+8.8% | Added |
| Kovitz Investment Group Partners, LLC | 1,633,409 | $73.3M | 0.29% | −2,703−0.2% | Reduced |
| Envestnet Asset Management Inc | 1,519,900 | $68.2M | 0.02% | −41,616−2.7% | Reduced |
| Charles Schwab Investment Management Inc | 1,473,295 | $66.1M | 0.01% | −3,688−0.2% | Reduced |
| Northern Trust Corp | 1,290,248 | $57.9M | 0.01% | −58,388−4.3% | Reduced |
| Davenport & Co LLC | 1,129,519 | $50.9M | 0.27% | −216,746−16.1% | Reduced |
| Acadian Asset Management LLC | 1,087,563 | $48.8M | 0.09% | +711,701+189.4% | Added |
| Rings Capital Management LLC | 1,074,000 | $48.2M | 22.62% | +448,000+71.6% | Added |
| CI Private Wealth, LLC | 1,033,239 | $46.4M | 0.07% | +168,889+19.5% | Added |
| Wellington Management Group LLP | 981,905 | $44.1M | 0.01% | −292,221−22.9% | Reduced |
| Hawk Ridge Capital Management LP | 973,980 | $43.7M | 2.08% | +973,980 | New |
| Silver Heights Capital Management Inc | 926,167 | $41.6M | 18.64% | +262,478+39.5% | Added |
| Goldman Sachs Group Inc | 882,013 | $39.6M | 0.01% | +194,733+28.3% | Added |
| Mount Capital Ltd | 820,800 | $36.8M | 13.21% | +381,700+86.9% | Added |
| Welch & Forbes LLC | 818,220 | $36.7M | 0.44% | −40,251−4.7% | Reduced |
| D. E. Shaw & Co., Inc. | 784,432 | $35.2M | 0.03% | −987,368−55.7% | Reduced |
| Millennium Management LLC | 764,799 | $34.3M | 0.03% | −436,507−36.3% | Reduced |
| Two Sigma Investments, LP | 760,241 | $34.1M | 0.05% | +89,640+13.4% | Added |
| Royal Bank of Canada | 735,539 | $33.0M | 0.01% | +307,930+72.0% | Added |
| Bank of New York Mellon Corp | 733,770 | $32.9M | 0.01% | −30,988−4.1% | Reduced |
| Two Sigma Advisers, LP | 723,100 | $32.4M | 0.06% | −249,600−25.7% | Reduced |
| Weitz Investment Management, Inc.SuperinvestorWeitz Investment Management | 649,400 | $29.1M | 1.58% | 00.0% | Unchanged |
| Check Capital Management Inc | 600,043 | $26.9M | 1.71% | +1,064+0.2% | Added |
| Canada Pension Plan Investment Board | 598,931 | $26.9M | 0.02% | +275,831+85.4% | Added |
| Ameriprise Financial Inc | 593,940 | $26.7M | 0.01% | −105,153−15.0% | Reduced |
| UBS Asset Management Americas Inc | 581,212 | $26.1M | 0.01% | −727,880−55.6% | Reduced |
| Ariel Investments, LLC | 571,605 | $25.6M | 0.27% | +18,628+3.4% | Added |
| Barclays PLC | 533,488 | $23.9M | 0.01% | +67,934+14.6% | Added |
| Jane Street Group, LLC | 503,697 | $22.6M | 0.03% | +107,103+27.0% | Added |
| Raymond James Financial Inc | 502,290 | $22.5M | 0.01% | −1,815−0.4% | Reduced |
| Candriam Luxembourg S.C.A. | 494,079 | $22.2M | 0.12% | +469,573+1,916.2% | Added |
| J. Goldman & Co LP | 470,457 | $21.1M | 0.80% | +452,149+2,469.7% | Added |
| Nexus Investment Management ULC | 448,710 | $20.1M | 2.86% | +71,065+18.8% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 423,961 | $19.0M | 0.06% | −137,594−24.5% | Reduced |
| Assetmark, Inc | 421,424 | $18.9M | 0.04% | +88,625+26.6% | Added |
| Eubel Brady & Suttman Asset Management Inc | 406,657 | $18.2M | 2.10% | +84,086+26.1% | Added |
| Citadel Advisors LLC | 391,505 | $17.6M | 0.01% | −811,736−67.5% | Reduced |
| Deutsche Bank AG | 383,529 | $17.2M | 0.01% | +17,330+4.7% | Added |
| Wells Fargo & Company | 380,978 | $17.1M | 0.00% | −61,840−14.0% | Reduced |
| Kiltearn Partners LLP | 376,600 | $16.9M | 3.39% | −14,800−3.8% | Reduced |
| Schwerin Boyle Capital Management Inc | 372,156 | $16.7M | 1.83% | −12,238−3.2% | Reduced |
| BNP Paribas Arbitrage, SA | 370,241 | $16.6M | 0.01% | +145,896+65.0% | Added |
| Azora Capital LP | 364,571 | $16.4M | 0.76% | −316,772−46.5% | Reduced |
| Marshall Wace, LLP | 362,854 | $16.3M | 0.02% | −398,447−52.3% | Reduced |
| Nuveen, LLC | 358,257 | $16.1M | 0.00% | −41,141−10.3% | Reduced |
| Legal & General Group Plc | 348,117 | $15.6M | 0.00% | −193,172−35.7% | Reduced |
| Balyasny Asset Management LLC | 342,951 | $15.4M | 0.03% | +342,951 | New |
| Susquehanna International Group, LLP | 329,992 | $14.8M | 0.02% | +238,478+260.6% | Added |
| Rhumbline Advisers | 321,732 | $14.4M | 0.01% | +13,637+4.4% | Added |
| HSBC Holdings PLC | 315,849 | $14.2M | 0.01% | +31,691+11.2% | Added |
| JPMorgan Chase & Co | 315,305 | $14.1M | 0.00% | −341,685−52.0% | Reduced |
| SRS Investment Management, LLC | 310,200 | $13.9M | 0.15% | +310,200 | New |
| Blair William & Co | 309,597 | $13.9M | 0.04% | −82,324−21.0% | Reduced |
| MML Investors Services, LLC | 304,029 | $13.6M | 0.04% | −17,595−5.5% | Reduced |
| Broad Run Investment Management, LLC | 300,111 | $13.5M | 2.20% | −17,980−5.7% | Reduced |
| Capital Fund Management S.A. | 297,529 | $13.4M | 0.13% | −60,788−17.0% | Reduced |
| Swiss National Bank | 290,900 | $13.1M | 0.01% | −400−0.1% | Reduced |
| California Public Employees Retirement System | 256,450 | $11.5M | 0.01% | +54,683+27.1% | Added |
| Courant Investment Management LLC | 247,520 | $11.1M | 8.78% | 00.0% | Unchanged |
| Prudential Financial Inc | 237,446 | $10.7M | 0.01% | −225,180−48.7% | Reduced |
| LPL Financial LLC | 236,635 | $10.6M | 0.00% | +18,116+8.3% | Added |
| Squarepoint Ops LLC | 231,951 | $10.4M | 0.02% | −846,866−78.5% | Reduced |
| Clifford Swan Investment Counsel LLC | 230,962 | $10.4M | 0.34% | +12,267+5.6% | Added |
| Advisor Group Holdings, Inc. | 174,986 | $10.3M | 0.01% | +15,091+9.4% | Added |
| Gagnon Securities LLC | 225,629 | $10.1M | 2.03% | +62,212+38.1% | Added |
| Avenir Corp | 218,839 | $9.82M | 1.02% | −6,097−2.7% | Reduced |
| Price T Rowe Associates Inc | 217,850 | $9.78M | 0.00% | −1,746−0.8% | Reduced |
| FMR LLC | 215,083 | $9.65M | 0.00% | +58,203+37.1% | Added |
| Eldred Rock Partners, LLC | 207,986 | $9.33M | 2.33% | +60,843+41.3% | Added |
| State of Wisconsin Investment Board | 204,221 | $9.16M | 0.02% | −15,687−7.1% | Reduced |
| WS Management LLLP | 200,455 | $8.99M | 1.38% | +100,000+99.5% | Added |
| Old National Bancorp | 192,688 | $8.65M | 0.15% | −4,357−2.2% | Reduced |
| Oppenheimer & Co Inc | 191,610 | $8.60M | 0.10% | −2,437−1.3% | Reduced |
| Cetera Investment Advisers | 183,897 | $8.25M | 0.01% | +28,060+18.0% | Added |
| Banyan Capital Management, Inc. | 177,870 | $7.98M | 3.62% | +37,043+26.3% | Added |
| Massmutual Trust Co FSB | 176,236 | $7.91M | 0.20% | +1,963+1.1% | Added |
| Hantz Financial Services, Inc. | 175,967 | $7.90M | 0.12% | −15,860−8.3% | Reduced |
| Tudor Investment Corp Et Al | 170,699 | $7.66M | 0.05% | −322,699−65.4% | Reduced |