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 |
|---|---|---|---|---|---|
| Victory Capital Management Inc | 35,911 | $1.61M | 0.00% | −21,420−37.4% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 36,038 | $1.62M | 0.01% | −1,323−3.5% | Reduced |
| State of Alaska, Department of Revenue | 36,087 | $1.62M | 0.02% | +18,970+110.8% | Added |
| Birch Hill Investment Advisors LLC | 36,237 | $1.63M | 0.07% | +9,588+36.0% | Added |
| HF Advisory Group, LLC | 36,308 | $1.63M | 0.60% | +8,545+30.8% | Added |
| MetLife Investment Management | 37,228 | $1.67M | 0.01% | −1,586−4.1% | Reduced |
| Jump Financial, LLC | 37,501 | $1.68M | 0.02% | +28,569+319.8% | Added |
| Gilman Hill Asset Management, LLC | 37,643 | $1.69M | 0.26% | +2,225+6.3% | Added |
| Group One Trading, L.P. | 38,020 | $1.71M | 0.05% | +38,020 | New |
| National Bank of Canada | 38,031 | $1.71M | 0.00% | −68,729−64.4% | Reduced |
| Czech National Bank | 38,116 | $1.71M | 0.01% | +880+2.4% | Added |
| Handelsbanken Fonder AB | 40,300 | $1.81M | 0.01% | 00.0% | Unchanged |
| State of Michigan Retirement System | 40,548 | $1.82M | 0.01% | −900−2.2% | Reduced |
| Harvey Investment Co LLC | 40,750 | $1.83M | 0.20% | −20,553−33.5% | Reduced |
| Prescott Group Capital Management, L.L.C. | 41,000 | $1.84M | 0.19% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 41,096 | $1.84M | 0.01% | +2,940+7.7% | Added |
| Biglari, Sardar | 41,100 | $1.84M | 3.71% | 00.0% | Unchanged |
| Commerce Bank | 41,225 | $1.85M | 0.01% | +122+0.3% | Added |
| United Capital Financial Advisers, LLC | 41,486 | $1.86M | 0.01% | −2,921−6.6% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 41,551 | $1.86M | 0.00% | −46,778−53.0% | Reduced |
| Van Eck Associates Corp | 41,714 | $1.87M | 0.00% | −37,489−47.3% | Reduced |
| SG Americas Securities, LLC | 41,896 | $1.88M | 0.01% | −61,188−59.4% | Reduced |
| Walleye Trading LLC | 41,968 | $1.88M | 0.03% | +41,968 | New |
| Atria Investments LLC | 42,029 | $1.89M | 0.02% | −2,264−5.1% | Reduced |
| Delta Global Management LP | 42,237 | $1.90M | 0.14% | +42,237 | New |
| English Capital Management LLC | 43,301 | $1.94M | 1.27% | 00.0% | Unchanged |
| Spears Abacus Advisors LLC | 43,761 | $1.96M | 0.04% | −265,164−85.8% | Reduced |
| Schonfeld Strategic Advisors LLC | 44,300 | $1.99M | 0.01% | −91,479−67.4% | Reduced |
| Arizona State Retirement System | 44,409 | $1.99M | 0.01% | −136−0.3% | Reduced |
| The PNC Financial Services Group, Inc. | 44,448 | $1.99M | 0.00% | −5,006−10.1% | Reduced |
| Walleye Capital LLC | 44,747 | $2.01M | 0.02% | +44,657+49,618.9% | Added |
| Ieq Capital, LLC | 45,098 | $2.02M | 0.01% | −272,230−85.8% | Reduced |
| Asset Management Advisors, LLC | 45,554 | $2.04M | 1.25% | −50−0.1% | Reduced |
| Numerai GP LLC | 46,202 | $2.07M | 0.29% | +40,947+779.2% | Added |
| Summit Trail Advisors, LLC | 46,518 | $2.09M | 0.03% | +21,752+87.8% | Added |
| Public Employees Retirement System of Ohio | 46,812 | $2.10M | 0.01% | −519−1.1% | Reduced |
| Jefferies Financial Group Inc. | 46,979 | $2.11M | 0.02% | +46,979 | New |
| Heartland Advisors Inc | 47,306 | $2.12M | 0.11% | −197,272−80.7% | Reduced |
| Mariner, LLC | 48,137 | $2.16M | 0.00% | +1,410+3.0% | Added |
| Cambridge Investment Research Advisors, Inc. | 48,486 | $2.18M | 0.01% | +1,236+2.6% | Added |
| ProShare Advisors LLC | 48,766 | $2.19M | 0.00% | +20,456+72.3% | Added |
| State of Tennessee, Treasury Department | 48,785 | $2.19M | 0.01% | +22,517+85.7% | Added |
| Synovus Financial Corp | 51,895 | $2.33M | 0.03% | +51,895 | New |
| Redmond Asset Management, LLC | 52,143 | $2.34M | 0.57% | +845+1.6% | Added |
| State of New Jersey Common Pension Fund D | 52,385 | $2.35M | 0.01% | +1,460+2.9% | Added |
| Quantinno Capital Management LP | 52,683 | $2.36M | 0.01% | −69,884−57.0% | Reduced |
| Neo Ivy Capital Management | 53,868 | $2.42M | 0.59% | +31,708+143.1% | Added |
| Russell Investments Group, Ltd. | 53,884 | $2.42M | 0.00% | −17,891−24.9% | Reduced |
| XTX Topco Ltd | 55,956 | $2.51M | 0.13% | −24,016−30.0% | Reduced |
| Burgundy Asset Management Ltd. | 41,459 | $2.54M | 0.02% | +15,999+62.8% | Added |
| MMCAP International Inc. SPC | 56,770 | $2.55M | 0.30% | +41,155+263.6% | Added |
| Los Angeles Capital Management LLC | 56,847 | $2.55M | 0.01% | +56,847 | New |
| GWM Advisors LLC | 56,898 | $2.55M | 0.01% | +18,837+49.5% | Added |
| Great West Life Assurance Co | 56,950 | $2.58M | 0.00% | −113−0.2% | Reduced |
| Ascent Group, LLC | 57,618 | $2.59M | 0.09% | +1,234+2.2% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 58,961 | $2.65M | 0.01% | +1,940+3.4% | Added |
| Alpha Omega Wealth Management LLC | 62,210 | $2.79M | 0.46% | +7,427+13.6% | Added |
| SRS Capital Advisors, Inc. | 62,833 | $2.82M | 0.04% | +62,797+174,436.1% | Added |
| Inkwell Capital LLC | 64,515 | $2.89M | 2.95% | +16,804+35.2% | Added |
| Neuberger Berman Group LLC | 66,330 | $2.98M | 0.00% | −12,328−15.7% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 66,675 | $2.99M | 0.02% | +8,547+14.7% | Added |
| Treasurer of the State of North Carolina | 67,367 | $3.02M | 0.01% | −3,850−5.4% | Reduced |
| Twinbeech Capital LP | 70,002 | $3.14M | 0.12% | +70,002 | New |
| New York State Common Retirement Fund | 70,920 | $3.18M | 0.00% | +10,000+16.4% | Added |
| Captrust Financial Advisors | 71,258 | $3.20M | 0.01% | +259+0.4% | Added |
| King Luther Capital Management Corp | 72,217 | $3.24M | 0.01% | +15,048+26.3% | Added |
| Farley Capital L.P. | 72,494 | $3.25M | 2.35% | +52,237+257.9% | Added |
| APG Asset Management N.V. | 85,200 | $3.25M | 0.01% | −3,000−3.4% | Reduced |
| Brevan Howard Capital Management LP | 72,944 | $3.27M | 0.05% | +48,102+193.6% | Added |
| Renaissance Technologies LLC | 73,300 | $3.29M | 0.00% | −481,500−86.8% | Reduced |
| Principal Securities, Inc. | 73,680 | $3.31M | 0.05% | −1,367−1.8% | Reduced |
| First Trust Advisors LP | 75,665 | $3.40M | 0.00% | +40,666+116.2% | Added |
| Truist Financial Corp | 75,710 | $3.40M | 0.00% | +1,288+1.7% | Added |
| TD Asset Management Inc | 76,431 | $3.43M | 0.00% | +32,289+73.1% | Added |
| Chevy Chase Trust Holdings, Inc. | 76,591 | $3.44M | 0.01% | −3,872−4.8% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 77,089 | $3.46M | 0.01% | +16,176+26.6% | Added |
| Nisa Investment Advisors, LLC | 77,469 | $3.48M | 0.01% | −921−1.2% | Reduced |
| Invenomic Capital Management LP | 78,349 | $3.52M | 0.18% | +78,349 | New |
| PEAK6 LLC | 84,265 | $3.78M | 0.09% | +77,817+1,206.8% | Added |
| Pinebridge Investments, L.P. | 85,124 | $3.82M | 0.03% | +85,124 | New |
| Intech Investment Management LLC | 86,444 | $3.88M | 0.03% | +48,757+129.4% | Added |
| Dark Forest Capital Management LP | 87,189 | $3.91M | 0.15% | −1,956−2.2% | Reduced |
| Hillman Capital Management, Inc. | 91,489 | $4.11M | 2.39% | +11,879+14.9% | Added |
| Amundi | 88,468 | $4.14M | 0.00% | −2,491−2.7% | Reduced |
| Gabelli Funds LLC | 93,000 | $4.17M | 0.03% | −26,000−21.8% | Reduced |
| CWM, LLC | 94,663 | $4.25M | 0.01% | −14,140−13.0% | Reduced |
| Steward Partners Investment Advisory, LLC | 94,719 | $4.25M | 0.02% | +8,440+9.8% | Added |
| ProVise Management Group, LLC | 97,092 | $4.36M | 0.32% | −2,135−2.2% | Reduced |
| Marathon Asset Mgmt Ltd | 97,155 | $4.36M | 0.16% | −34,786−26.4% | Reduced |
| Cerity Partners LLC | 99,363 | $4.46M | 0.01% | −994−1.0% | Reduced |
| Brown Advisory Inc | 102,108 | $4.58M | 0.01% | −52,271−33.9% | Reduced |
| Gotham Asset Management, LLC | 104,002 | $4.67M | 0.02% | −37,844−26.7% | Reduced |
| Voya Investment Management LLC | 104,305 | $4.68M | 0.00% | +12,034+13.0% | Added |
| Pensionmark Financial Group, LLC | 109,370 | $4.91M | 0.10% | +740+0.7% | Added |
| Citigroup Inc | 110,418 | $4.95M | 0.00% | −364,567−76.8% | Reduced |
| American Century Companies Inc | 120,251 | $5.40M | 0.00% | −176,339−59.5% | Reduced |
| True North Advisors, LLC | 123,742 | $5.55M | 0.88% | +49,450+66.6% | Added |
| Fairview Capital Investment Management, LLC | 123,887 | $5.56M | 0.28% | −182,936−59.6% | Reduced |
| Biglari Capital Corp. | 125,420 | $5.63M | 0.62% | 00.0% | Unchanged |
| Wedge Capital Management L L P | 126,401 | $5.67M | 0.10% | +23,769+23.2% | Added |