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 |
|---|---|---|---|---|---|
| UBS Group AG | 1,692,373 | $75.9M | 0.01% | −505,798−23.0% | Reduced |
| Bank of America Corp | 1,726,142 | $77.5M | 0.01% | −45,051−2.5% | Reduced |
| Manufacturers Life Insurance Company, The | 2,185,739 | $98.1M | 0.08% | +339,333+18.4% | Added |
| Cooke & Bieler LP | 2,241,359 | $100.6M | 1.04% | +504,794+29.1% | Added |
| Vulcan Value Partners, LLC | 2,328,120 | $104.6M | 1.90% | +1,338,134+135.2% | Added |
| First Pacific Advisors, LP | 2,481,461 | $111.3M | 1.54% | +50,217+2.1% | Added |
| Morgan Stanley | 2,482,840 | $111.4M | 0.01% | +68,587+2.8% | Added |
| Turtle Creek Asset Management Inc. | 2,707,477 | $121.5M | 3.67% | +16,627+0.6% | Added |
| AQR Capital Management LLC | 3,149,442 | $140.5M | 0.09% | −1,307,898−29.3% | Reduced |
| Fiduciary Management Inc | 3,249,561 | $145.8M | 1.48% | +375,996+13.1% | Added |
| Geode Capital Management, LLC | 3,417,016 | $153.0M | 0.01% | −390,243−10.2% | Reduced |
| Baird Financial Group, Inc. | 3,414,489 | $153.2M | 0.25% | +116,376+3.5% | Added |
| Invesco Ltd. | 3,425,737 | $153.7M | 0.02% | +426,809+14.2% | Added |
| Arrowstreet Capital, Limited Partnership | 3,522,923 | $158.1M | 0.10% | +1,494,205+73.7% | Added |
| Dimensional Fund Advisors LP | 3,685,201 | $165.4M | 0.04% | +918,553+33.2% | Added |
| Primecap Management Co | 4,560,371 | $204.6M | 0.16% | −177,540−3.7% | Reduced |
| Diamond Hill Capital Management Inc | 4,833,319 | $216.9M | 1.03% | −2,128,619−30.6% | Reduced |
| Janus Henderson Group PLC | 4,875,229 | $218.8M | 0.10% | +46,760+1.0% | Added |
| State Street Corp | 5,541,586 | $248.7M | 0.01% | −127,145−2.2% | Reduced |
| BlackRock, Inc. | 11,482,251 | $515.2M | 0.01% | +643,850+5.9% | Added |
| Vanguard Group Inc | 16,899,149 | $758.3M | 0.01% | −665,720−3.8% | Reduced |
| Rakuten Investment Management, Inc. | 28,181 | – | – | +28,181 | New |
| Kempen Capital Management N.V. | 0 | $0 | 0.00% | −1,335,111−100.0% | Sold out |
| Worldquant Millennium Advisors LLC | 0 | $0 | 0.00% | −853,964−100.0% | Sold out |
| Man Group plc | 0 | $0 | 0.00% | −724,196−100.0% | Sold out |
| ThornTree Capital Partners LP | 0 | $0 | 0.00% | −606,928−100.0% | Sold out |
| DF Dent & Co Inc | 0 | $0 | 0.00% | −513,568−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −359,564−100.0% | Sold out |
| Makaira Partners LLC | 0 | $0 | 0.00% | −272,203−100.0% | Sold out |
| Jupiter Asset Management Ltd | 0 | $0 | 0.00% | −260,589−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −199,861−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −196,588−100.0% | Sold out |
| Ninety One UK Ltd | 0 | $0 | 0.00% | −154,235−100.0% | Sold out |
| Hutchinson Capital Management | 0 | $0 | 0.00% | −148,230−100.0% | Sold out |
| Nixon Capital, LLC | 0 | $0 | 0.00% | −142,471−100.0% | Sold out |
| Vancity Investment Management Ltd | 0 | $0 | 0.00% | −130,978−100.0% | Sold out |
| Twin Tree Management, LP | 0 | $0 | 0.00% | −129,454−100.0% | Sold out |
| Baillie Gifford & Co | 0 | $0 | 0.00% | −126,439−100.0% | Sold out |
| Kornitzer Capital Management Inc | 0 | $0 | 0.00% | −109,220−100.0% | Sold out |
| Brandywine Global Investment Management, LLC | 0 | $0 | 0.00% | −100,065−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −85,676−100.0% | Sold out |
| Kettle Hill Capital Management, LLC | 0 | $0 | 0.00% | −85,638−100.0% | Sold out |
| Live Oak Private Wealth LLC | 0 | $0 | 0.00% | −81,413−100.0% | Sold out |
| Royal London Asset Management Ltd | 0 | $0 | 0.00% | −64,918−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −61,454−100.0% | Sold out |
| Graybill Bartz & Assoc Ltd | 0 | $0 | 0.00% | −57,036−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −50,946−100.0% | Sold out |
| WCM Investment Management, LLC | 0 | $0 | 0.00% | −38,991−100.0% | Sold out |
| Oak Thistle LLC | 0 | $0 | 0.00% | −34,613−100.0% | Sold out |
| Brasada Capital Management, LP | 0 | $0 | 0.00% | −30,683−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −32,183−100.0% | Sold out |
| Armistice Capital, LLC | 0 | $0 | 0.00% | −30,295−100.0% | Sold out |
| Waycross Partners, LLC | 0 | $0 | 0.00% | −30,000−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −28,334−100.0% | Sold out |
| Machina Capital S.A.S. | 0 | $0 | 0.00% | −27,102−100.0% | Sold out |
| Andra AP-fonden | 0 | $0 | 0.00% | −26,213−100.0% | Sold out |
| Oxford Asset Management LLP | 0 | $0 | 0.00% | −22,527−100.0% | Sold out |
| Catalyst Funds Management Pty Ltd | 0 | $0 | 0.00% | −17,655−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −17,056−100.0% | Sold out |
| Qsemble Capital Management, LP | 0 | $0 | 0.00% | −16,108−100.0% | Sold out |
| Wealthfront Advisers LLC | 0 | $0 | 0.00% | −14,524−100.0% | Sold out |
| Lecap Asset Management Ltd | 0 | $0 | 0.00% | −13,587−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −12,958−100.0% | Sold out |
| DRW Securities, LLC | 0 | $0 | 0.00% | −12,836−100.0% | Sold out |
| Axq Capital, LP | 0 | $0 | 0.00% | −12,783−100.0% | Sold out |
| Copperleaf Capital, LLC | 0 | $0 | 0.00% | −12,745−100.0% | Sold out |
| Equitable Trust Co | 0 | $0 | 0.00% | −12,009−100.0% | Sold out |
| Maxi Investments CY Ltd | 0 | $0 | 0.00% | −12,000−100.0% | Sold out |
| Teza Capital Management LLC | 0 | $0 | 0.00% | −10,932−100.0% | Sold out |
| Wolverine Trading, LLC | 0 | $0 | 0.00% | −10,674−100.0% | Sold out |
| Lombard Odier Asset Management (USA) Corp | 0 | $0 | 0.00% | −10,482−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −10,125−100.0% | Sold out |
| Bayforest Capital Ltd | 0 | $0 | 0.00% | −10,080−100.0% | Sold out |
| Kentucky Retirement Systems | 0 | $0 | 0.00% | −9,913−100.0% | Sold out |
| Sivia Capital Partners, LLC | 0 | $0 | 0.00% | −9,324−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −7,950−100.0% | Sold out |
| Evoke Wealth, LLC | 0 | $0 | 0.00% | −7,479−100.0% | Sold out |
| Verdence Capital Advisors LLC | 0 | $0 | 0.00% | −7,233−100.0% | Sold out |
| waypoint wealth counsel | 0 | $0 | 0.00% | −7,189−100.0% | Sold out |
| Sym Financial Corp | 0 | $0 | 0.00% | −6,950−100.0% | Sold out |
| O'Shaughnessy Asset Management, LLC | 0 | $0 | 0.00% | −6,912−100.0% | Sold out |
| Stevens Capital Management LP | 0 | $0 | 0.00% | −6,683−100.0% | Sold out |
| Chicago Trust Co NA | 0 | $0 | 0.00% | −5,896−100.0% | Sold out |
| Aviva PLC | 0 | $0 | 0.00% | −5,791−100.0% | Sold out |
| Waddell & Associates, LLC | 0 | $0 | 0.00% | −5,781−100.0% | Sold out |
| New England Research & Management, Inc. | 0 | $0 | 0.00% | −5,750−100.0% | Sold out |
| Transcend Wealth Collective, LLC | 0 | $0 | 0.00% | −5,710−100.0% | Sold out |
| NorthRock Partners, LLC | 0 | $0 | 0.00% | −5,563−100.0% | Sold out |
| Poinciana Advisors Group, LLC | 0 | $0 | 0.00% | −5,427−100.0% | Sold out |
| Drucker Wealth 3.0, LLC | 0 | $0 | 0.00% | −5,390−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −5,356−100.0% | Sold out |
| Forum Financial Management, LP | 0 | $0 | 0.00% | −5,338−100.0% | Sold out |
| PharVision Advisers, LLC | 0 | $0 | 0.00% | −5,303−100.0% | Sold out |
| Full Sail Capital, LLC | 0 | $0 | 0.00% | −5,098−100.0% | Sold out |
| RBF Capital, LLC | 0 | $0 | 0.00% | −5,000−100.0% | Sold out |
| Radnor Capital Management, LLC | 0 | $0 | 0.00% | −4,820−100.0% | Sold out |
| Kera Capital Partners, Inc. | 0 | $0 | 0.00% | −4,800−100.0% | Sold out |
| Fi3 FINANCIAL ADVISORS, LLC | 0 | $0 | 0.00% | −4,711−100.0% | Sold out |
| Shell Asset Management Co | 0 | $0 | 0.00% | −4,667−100.0% | Sold out |
| Compass Wealth Management LLC | 0 | $0 | 0.00% | −4,650−100.0% | Sold out |