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 |
|---|---|---|---|---|---|
| Bank of Montreal | 168,124 | $7.54M | 0.00% | −37,938−18.4% | Reduced |
| SEI Investments Co | 165,547 | $7.43M | 0.01% | +25,171+17.9% | Added |
| Principal Financial Group Inc | 162,235 | $7.28M | 0.00% | −2,409,710−93.7% | Reduced |
| Verition Fund Management LLC | 159,642 | $7.16M | 0.04% | +116,968+274.1% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 159,188 | $7.14M | 0.01% | +83+0.1% | Added |
| Alliancebernstein L.P. | 155,396 | $6.97M | 0.00% | −4,480−2.8% | Reduced |
| First Manhattan Co | 155,034 | $6.96M | 0.02% | −780−0.5% | Reduced |
| IMC-Chicago, LLC | 152,327 | $6.83M | 0.12% | +142,038+1,380.5% | Added |
| London Co of Virginia | 151,943 | $6.82M | 0.04% | −5,251−3.3% | Reduced |
| Akre Capital Management LLCSuperinvestorAkre Capital Management | 150,600 | $6.76M | 0.07% | 00.0% | Unchanged |
| Algert Global LLC | 148,240 | $6.65M | 0.11% | +8,148+5.8% | Added |
| California State Teachers Retirement System | 141,982 | $6.37M | 0.01% | −4,340−3.0% | Reduced |
| New York State Teachers Retirement System | 138,097 | $6.20M | 0.01% | +14,532+11.8% | Added |
| Kirr Marbach & Co LLC | 137,672 | $6.18M | 1.12% | +137,672 | New |
| Markel Group Inc.SuperinvestorMarkel Group | 136,500 | $6.12M | 0.05% | 00.0% | Unchanged |
| Jain Global LLC | 135,611 | $6.08M | 0.08% | +135,611 | New |
| Engineers Gate Manager LP | 135,563 | $6.08M | 0.07% | −116,848−46.3% | Reduced |
| Stifel Financial Corp | 133,961 | $6.01M | 0.01% | −23,084−14.7% | Reduced |
| State Board of Administration of Florida Retirement System | 130,867 | $5.87M | 0.01% | −20,956−13.8% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 129,617 | $5.82M | 0.02% | −1,864−1.4% | Reduced |
| Needham Investment Management LLC | 129,500 | $5.81M | 0.41% | −3,000−2.3% | Reduced |
| Wedge Capital Management L L P | 126,401 | $5.67M | 0.10% | +23,769+23.2% | Added |
| Biglari Capital Corp. | 125,420 | $5.63M | 0.62% | 00.0% | Unchanged |
| Fairview Capital Investment Management, LLC | 123,887 | $5.56M | 0.28% | −182,936−59.6% | Reduced |
| True North Advisors, LLC | 123,742 | $5.55M | 0.88% | +49,450+66.6% | Added |
| American Century Companies Inc | 120,251 | $5.40M | 0.00% | −176,339−59.5% | Reduced |
| Citigroup Inc | 110,418 | $4.95M | 0.00% | −364,567−76.8% | Reduced |
| Pensionmark Financial Group, LLC | 109,370 | $4.91M | 0.10% | +740+0.7% | Added |
| Voya Investment Management LLC | 104,305 | $4.68M | 0.00% | +12,034+13.0% | Added |
| Gotham Asset Management, LLC | 104,002 | $4.67M | 0.02% | −37,844−26.7% | Reduced |
| Brown Advisory Inc | 102,108 | $4.58M | 0.01% | −52,271−33.9% | Reduced |
| Cerity Partners LLC | 99,363 | $4.46M | 0.01% | −994−1.0% | Reduced |
| Marathon Asset Mgmt Ltd | 97,155 | $4.36M | 0.16% | −34,786−26.4% | Reduced |
| ProVise Management Group, LLC | 97,092 | $4.36M | 0.32% | −2,135−2.2% | Reduced |
| Steward Partners Investment Advisory, LLC | 94,719 | $4.25M | 0.02% | +8,440+9.8% | Added |
| CWM, LLC | 94,663 | $4.25M | 0.01% | −14,140−13.0% | Reduced |
| Gabelli Funds LLC | 93,000 | $4.17M | 0.03% | −26,000−21.8% | Reduced |
| Amundi | 88,468 | $4.14M | 0.00% | −2,491−2.7% | Reduced |
| Hillman Capital Management, Inc. | 91,489 | $4.11M | 2.39% | +11,879+14.9% | Added |
| Dark Forest Capital Management LP | 87,189 | $3.91M | 0.15% | −1,956−2.2% | Reduced |
| Intech Investment Management LLC | 86,444 | $3.88M | 0.03% | +48,757+129.4% | Added |
| Pinebridge Investments, L.P. | 85,124 | $3.82M | 0.03% | +85,124 | New |
| PEAK6 LLC | 84,265 | $3.78M | 0.09% | +77,817+1,206.8% | Added |
| Invenomic Capital Management LP | 78,349 | $3.52M | 0.18% | +78,349 | New |
| Nisa Investment Advisors, LLC | 77,469 | $3.48M | 0.01% | −921−1.2% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 77,089 | $3.46M | 0.01% | +16,176+26.6% | Added |
| Chevy Chase Trust Holdings, Inc. | 76,591 | $3.44M | 0.01% | −3,872−4.8% | Reduced |
| TD Asset Management Inc | 76,431 | $3.43M | 0.00% | +32,289+73.1% | Added |
| Truist Financial Corp | 75,710 | $3.40M | 0.00% | +1,288+1.7% | Added |
| First Trust Advisors LP | 75,665 | $3.40M | 0.00% | +40,666+116.2% | Added |
| Principal Securities, Inc. | 73,680 | $3.31M | 0.05% | −1,367−1.8% | Reduced |
| Renaissance Technologies LLC | 73,300 | $3.29M | 0.00% | −481,500−86.8% | Reduced |
| Brevan Howard Capital Management LP | 72,944 | $3.27M | 0.05% | +48,102+193.6% | Added |
| APG Asset Management N.V. | 85,200 | $3.25M | 0.01% | −3,000−3.4% | Reduced |
| Farley Capital L.P. | 72,494 | $3.25M | 2.35% | +52,237+257.9% | Added |
| King Luther Capital Management Corp | 72,217 | $3.24M | 0.01% | +15,048+26.3% | Added |
| Captrust Financial Advisors | 71,258 | $3.20M | 0.01% | +259+0.4% | Added |
| New York State Common Retirement Fund | 70,920 | $3.18M | 0.00% | +10,000+16.4% | Added |
| Twinbeech Capital LP | 70,002 | $3.14M | 0.12% | +70,002 | New |
| Treasurer of the State of North Carolina | 67,367 | $3.02M | 0.01% | −3,850−5.4% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 66,675 | $2.99M | 0.02% | +8,547+14.7% | Added |
| Neuberger Berman Group LLC | 66,330 | $2.98M | 0.00% | −12,328−15.7% | Reduced |
| Inkwell Capital LLC | 64,515 | $2.89M | 2.95% | +16,804+35.2% | Added |
| SRS Capital Advisors, Inc. | 62,833 | $2.82M | 0.04% | +62,797+174,436.1% | Added |
| Alpha Omega Wealth Management LLC | 62,210 | $2.79M | 0.46% | +7,427+13.6% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 58,961 | $2.65M | 0.01% | +1,940+3.4% | Added |
| Ascent Group, LLC | 57,618 | $2.59M | 0.09% | +1,234+2.2% | Added |
| Great West Life Assurance Co | 56,950 | $2.58M | 0.00% | −113−0.2% | Reduced |
| GWM Advisors LLC | 56,898 | $2.55M | 0.01% | +18,837+49.5% | Added |
| Los Angeles Capital Management LLC | 56,847 | $2.55M | 0.01% | +56,847 | New |
| MMCAP International Inc. SPC | 56,770 | $2.55M | 0.30% | +41,155+263.6% | Added |
| Burgundy Asset Management Ltd. | 41,459 | $2.54M | 0.02% | +15,999+62.8% | Added |
| XTX Topco Ltd | 55,956 | $2.51M | 0.13% | −24,016−30.0% | Reduced |
| Russell Investments Group, Ltd. | 53,884 | $2.42M | 0.00% | −17,891−24.9% | Reduced |
| Neo Ivy Capital Management | 53,868 | $2.42M | 0.59% | +31,708+143.1% | Added |
| Quantinno Capital Management LP | 52,683 | $2.36M | 0.01% | −69,884−57.0% | Reduced |
| State of New Jersey Common Pension Fund D | 52,385 | $2.35M | 0.01% | +1,460+2.9% | Added |
| Redmond Asset Management, LLC | 52,143 | $2.34M | 0.57% | +845+1.6% | Added |
| Synovus Financial Corp | 51,895 | $2.33M | 0.03% | +51,895 | New |
| State of Tennessee, Treasury Department | 48,785 | $2.19M | 0.01% | +22,517+85.7% | Added |
| ProShare Advisors LLC | 48,766 | $2.19M | 0.00% | +20,456+72.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 48,486 | $2.18M | 0.01% | +1,236+2.6% | Added |
| Mariner, LLC | 48,137 | $2.16M | 0.00% | +1,410+3.0% | Added |
| Heartland Advisors Inc | 47,306 | $2.12M | 0.11% | −197,272−80.7% | Reduced |
| Jefferies Financial Group Inc. | 46,979 | $2.11M | 0.02% | +46,979 | New |
| Public Employees Retirement System of Ohio | 46,812 | $2.10M | 0.01% | −519−1.1% | Reduced |
| Summit Trail Advisors, LLC | 46,518 | $2.09M | 0.03% | +21,752+87.8% | Added |
| Numerai GP LLC | 46,202 | $2.07M | 0.29% | +40,947+779.2% | Added |
| Asset Management Advisors, LLC | 45,554 | $2.04M | 1.25% | −50−0.1% | Reduced |
| Ieq Capital, LLC | 45,098 | $2.02M | 0.01% | −272,230−85.8% | Reduced |
| Walleye Capital LLC | 44,747 | $2.01M | 0.02% | +44,657+49,618.9% | Added |
| The PNC Financial Services Group, Inc. | 44,448 | $1.99M | 0.00% | −5,006−10.1% | Reduced |
| Arizona State Retirement System | 44,409 | $1.99M | 0.01% | −136−0.3% | Reduced |
| Schonfeld Strategic Advisors LLC | 44,300 | $1.99M | 0.01% | −91,479−67.4% | Reduced |
| Spears Abacus Advisors LLC | 43,761 | $1.96M | 0.04% | −265,164−85.8% | Reduced |
| English Capital Management LLC | 43,301 | $1.94M | 1.27% | 00.0% | Unchanged |
| Delta Global Management LP | 42,237 | $1.90M | 0.14% | +42,237 | New |
| Atria Investments LLC | 42,029 | $1.89M | 0.02% | −2,264−5.1% | Reduced |
| Walleye Trading LLC | 41,968 | $1.88M | 0.03% | +41,968 | New |
| SG Americas Securities, LLC | 41,896 | $1.88M | 0.01% | −61,188−59.4% | Reduced |