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 |
|---|---|---|---|---|---|
| Needham Investment Management LLC | 129,500 | $5.81M | 0.41% | −3,000−2.3% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 129,617 | $5.82M | 0.02% | −1,864−1.4% | Reduced |
| State Board of Administration of Florida Retirement System | 130,867 | $5.87M | 0.01% | −20,956−13.8% | Reduced |
| Stifel Financial Corp | 133,961 | $6.01M | 0.01% | −23,084−14.7% | Reduced |
| Engineers Gate Manager LP | 135,563 | $6.08M | 0.07% | −116,848−46.3% | Reduced |
| Jain Global LLC | 135,611 | $6.08M | 0.08% | +135,611 | New |
| Markel Group Inc.SuperinvestorMarkel Group | 136,500 | $6.12M | 0.05% | 00.0% | Unchanged |
| Kirr Marbach & Co LLC | 137,672 | $6.18M | 1.12% | +137,672 | New |
| New York State Teachers Retirement System | 138,097 | $6.20M | 0.01% | +14,532+11.8% | Added |
| California State Teachers Retirement System | 141,982 | $6.37M | 0.01% | −4,340−3.0% | Reduced |
| Algert Global LLC | 148,240 | $6.65M | 0.11% | +8,148+5.8% | Added |
| Akre Capital Management LLCSuperinvestorAkre Capital Management | 150,600 | $6.76M | 0.07% | 00.0% | Unchanged |
| London Co of Virginia | 151,943 | $6.82M | 0.04% | −5,251−3.3% | Reduced |
| IMC-Chicago, LLC | 152,327 | $6.83M | 0.12% | +142,038+1,380.5% | Added |
| First Manhattan Co | 155,034 | $6.96M | 0.02% | −780−0.5% | Reduced |
| Alliancebernstein L.P. | 155,396 | $6.97M | 0.00% | −4,480−2.8% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 159,188 | $7.14M | 0.01% | +83+0.1% | Added |
| Verition Fund Management LLC | 159,642 | $7.16M | 0.04% | +116,968+274.1% | Added |
| Principal Financial Group Inc | 162,235 | $7.28M | 0.00% | −2,409,710−93.7% | Reduced |
| SEI Investments Co | 165,547 | $7.43M | 0.01% | +25,171+17.9% | Added |
| Bank of Montreal | 168,124 | $7.54M | 0.00% | −37,938−18.4% | Reduced |
| Tudor Investment Corp Et Al | 170,699 | $7.66M | 0.05% | −322,699−65.4% | Reduced |
| Hantz Financial Services, Inc. | 175,967 | $7.90M | 0.12% | −15,860−8.3% | Reduced |
| Massmutual Trust Co FSB | 176,236 | $7.91M | 0.20% | +1,963+1.1% | Added |
| Banyan Capital Management, Inc. | 177,870 | $7.98M | 3.62% | +37,043+26.3% | Added |
| Cetera Investment Advisers | 183,897 | $8.25M | 0.01% | +28,060+18.0% | Added |
| Oppenheimer & Co Inc | 191,610 | $8.60M | 0.10% | −2,437−1.3% | Reduced |
| Old National Bancorp | 192,688 | $8.65M | 0.15% | −4,357−2.2% | Reduced |
| WS Management LLLP | 200,455 | $8.99M | 1.38% | +100,000+99.5% | Added |
| State of Wisconsin Investment Board | 204,221 | $9.16M | 0.02% | −15,687−7.1% | Reduced |
| Eldred Rock Partners, LLC | 207,986 | $9.33M | 2.33% | +60,843+41.3% | Added |
| FMR LLC | 215,083 | $9.65M | 0.00% | +58,203+37.1% | Added |
| Price T Rowe Associates Inc | 217,850 | $9.78M | 0.00% | −1,746−0.8% | Reduced |
| Avenir Corp | 218,839 | $9.82M | 1.02% | −6,097−2.7% | Reduced |
| Gagnon Securities LLC | 225,629 | $10.1M | 2.03% | +62,212+38.1% | Added |
| Advisor Group Holdings, Inc. | 174,986 | $10.3M | 0.01% | +15,091+9.4% | Added |
| Clifford Swan Investment Counsel LLC | 230,962 | $10.4M | 0.34% | +12,267+5.6% | Added |
| Squarepoint Ops LLC | 231,951 | $10.4M | 0.02% | −846,866−78.5% | Reduced |
| LPL Financial LLC | 236,635 | $10.6M | 0.00% | +18,116+8.3% | Added |
| Prudential Financial Inc | 237,446 | $10.7M | 0.01% | −225,180−48.7% | Reduced |
| Courant Investment Management LLC | 247,520 | $11.1M | 8.78% | 00.0% | Unchanged |
| California Public Employees Retirement System | 256,450 | $11.5M | 0.01% | +54,683+27.1% | Added |
| Swiss National Bank | 290,900 | $13.1M | 0.01% | −400−0.1% | Reduced |
| Capital Fund Management S.A. | 297,529 | $13.4M | 0.13% | −60,788−17.0% | Reduced |
| Broad Run Investment Management, LLC | 300,111 | $13.5M | 2.20% | −17,980−5.7% | Reduced |
| MML Investors Services, LLC | 304,029 | $13.6M | 0.04% | −17,595−5.5% | Reduced |
| Blair William & Co | 309,597 | $13.9M | 0.04% | −82,324−21.0% | Reduced |
| SRS Investment Management, LLC | 310,200 | $13.9M | 0.15% | +310,200 | New |
| JPMorgan Chase & Co | 315,305 | $14.1M | 0.00% | −341,685−52.0% | Reduced |
| HSBC Holdings PLC | 315,849 | $14.2M | 0.01% | +31,691+11.2% | Added |
| Rhumbline Advisers | 321,732 | $14.4M | 0.01% | +13,637+4.4% | Added |
| Susquehanna International Group, LLP | 329,992 | $14.8M | 0.02% | +238,478+260.6% | Added |
| Balyasny Asset Management LLC | 342,951 | $15.4M | 0.03% | +342,951 | New |
| Legal & General Group Plc | 348,117 | $15.6M | 0.00% | −193,172−35.7% | Reduced |
| Nuveen, LLC | 358,257 | $16.1M | 0.00% | −41,141−10.3% | Reduced |
| Marshall Wace, LLP | 362,854 | $16.3M | 0.02% | −398,447−52.3% | Reduced |
| Azora Capital LP | 364,571 | $16.4M | 0.76% | −316,772−46.5% | Reduced |
| BNP Paribas Arbitrage, SA | 370,241 | $16.6M | 0.01% | +145,896+65.0% | Added |
| Schwerin Boyle Capital Management Inc | 372,156 | $16.7M | 1.83% | −12,238−3.2% | Reduced |
| Kiltearn Partners LLP | 376,600 | $16.9M | 3.39% | −14,800−3.8% | Reduced |
| Wells Fargo & Company | 380,978 | $17.1M | 0.00% | −61,840−14.0% | Reduced |
| Deutsche Bank AG | 383,529 | $17.2M | 0.01% | +17,330+4.7% | Added |
| Citadel Advisors LLC | 391,505 | $17.6M | 0.01% | −811,736−67.5% | Reduced |
| Eubel Brady & Suttman Asset Management Inc | 406,657 | $18.2M | 2.10% | +84,086+26.1% | Added |
| Assetmark, Inc | 421,424 | $18.9M | 0.04% | +88,625+26.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 423,961 | $19.0M | 0.06% | −137,594−24.5% | Reduced |
| Nexus Investment Management ULC | 448,710 | $20.1M | 2.86% | +71,065+18.8% | Added |
| J. Goldman & Co LP | 470,457 | $21.1M | 0.80% | +452,149+2,469.7% | Added |
| Candriam Luxembourg S.C.A. | 494,079 | $22.2M | 0.12% | +469,573+1,916.2% | Added |
| Raymond James Financial Inc | 502,290 | $22.5M | 0.01% | −1,815−0.4% | Reduced |
| Jane Street Group, LLC | 503,697 | $22.6M | 0.03% | +107,103+27.0% | Added |
| Barclays PLC | 533,488 | $23.9M | 0.01% | +67,934+14.6% | Added |
| Ariel Investments, LLC | 571,605 | $25.6M | 0.27% | +18,628+3.4% | Added |
| UBS Asset Management Americas Inc | 581,212 | $26.1M | 0.01% | −727,880−55.6% | Reduced |
| Ameriprise Financial Inc | 593,940 | $26.7M | 0.01% | −105,153−15.0% | Reduced |
| Canada Pension Plan Investment Board | 598,931 | $26.9M | 0.02% | +275,831+85.4% | Added |
| Check Capital Management Inc | 600,043 | $26.9M | 1.71% | +1,064+0.2% | Added |
| Weitz Investment Management, Inc.SuperinvestorWeitz Investment Management | 649,400 | $29.1M | 1.58% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 723,100 | $32.4M | 0.06% | −249,600−25.7% | Reduced |
| Bank of New York Mellon Corp | 733,770 | $32.9M | 0.01% | −30,988−4.1% | Reduced |
| Royal Bank of Canada | 735,539 | $33.0M | 0.01% | +307,930+72.0% | Added |
| Two Sigma Investments, LP | 760,241 | $34.1M | 0.05% | +89,640+13.4% | Added |
| Millennium Management LLC | 764,799 | $34.3M | 0.03% | −436,507−36.3% | Reduced |
| D. E. Shaw & Co., Inc. | 784,432 | $35.2M | 0.03% | −987,368−55.7% | Reduced |
| Welch & Forbes LLC | 818,220 | $36.7M | 0.44% | −40,251−4.7% | Reduced |
| Mount Capital Ltd | 820,800 | $36.8M | 13.21% | +381,700+86.9% | Added |
| Goldman Sachs Group Inc | 882,013 | $39.6M | 0.01% | +194,733+28.3% | Added |
| Silver Heights Capital Management Inc | 926,167 | $41.6M | 18.64% | +262,478+39.5% | Added |
| Hawk Ridge Capital Management LP | 973,980 | $43.7M | 2.08% | +973,980 | New |
| Wellington Management Group LLP | 981,905 | $44.1M | 0.01% | −292,221−22.9% | Reduced |
| CI Private Wealth, LLC | 1,033,239 | $46.4M | 0.07% | +168,889+19.5% | Added |
| Rings Capital Management LLC | 1,074,000 | $48.2M | 22.62% | +448,000+71.6% | Added |
| Acadian Asset Management LLC | 1,087,563 | $48.8M | 0.09% | +711,701+189.4% | Added |
| Davenport & Co LLC | 1,129,519 | $50.9M | 0.27% | −216,746−16.1% | Reduced |
| Northern Trust Corp | 1,290,248 | $57.9M | 0.01% | −58,388−4.3% | Reduced |
| Charles Schwab Investment Management Inc | 1,473,295 | $66.1M | 0.01% | −3,688−0.2% | Reduced |
| Envestnet Asset Management Inc | 1,519,900 | $68.2M | 0.02% | −41,616−2.7% | Reduced |
| Kovitz Investment Group Partners, LLC | 1,633,409 | $73.3M | 0.29% | −2,703−0.2% | Reduced |
| Qube Research & Technologies Ltd | 1,636,364 | $73.4M | 0.10% | +132,316+8.8% | Added |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 1,670,114 | $74.9M | 2.54% | +14,184+0.9% | Added |