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 |
|---|---|---|---|---|---|
| Van Eck Associates Corp | 41,714 | $1.87M | 0.00% | −37,489−47.3% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 41,551 | $1.86M | 0.00% | −46,778−53.0% | Reduced |
| United Capital Financial Advisers, LLC | 41,486 | $1.86M | 0.01% | −2,921−6.6% | Reduced |
| Commerce Bank | 41,225 | $1.85M | 0.01% | +122+0.3% | Added |
| Biglari, Sardar | 41,100 | $1.84M | 3.71% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 41,096 | $1.84M | 0.01% | +2,940+7.7% | Added |
| Prescott Group Capital Management, L.L.C. | 41,000 | $1.84M | 0.19% | 00.0% | Unchanged |
| Harvey Investment Co LLC | 40,750 | $1.83M | 0.20% | −20,553−33.5% | Reduced |
| State of Michigan Retirement System | 40,548 | $1.82M | 0.01% | −900−2.2% | Reduced |
| Handelsbanken Fonder AB | 40,300 | $1.81M | 0.01% | 00.0% | Unchanged |
| Czech National Bank | 38,116 | $1.71M | 0.01% | +880+2.4% | Added |
| National Bank of Canada | 38,031 | $1.71M | 0.00% | −68,729−64.4% | Reduced |
| Group One Trading, L.P. | 38,020 | $1.71M | 0.05% | +38,020 | New |
| Gilman Hill Asset Management, LLC | 37,643 | $1.69M | 0.26% | +2,225+6.3% | Added |
| Jump Financial, LLC | 37,501 | $1.68M | 0.02% | +28,569+319.8% | Added |
| MetLife Investment Management | 37,228 | $1.67M | 0.01% | −1,586−4.1% | Reduced |
| HF Advisory Group, LLC | 36,308 | $1.63M | 0.60% | +8,545+30.8% | Added |
| Birch Hill Investment Advisors LLC | 36,237 | $1.63M | 0.07% | +9,588+36.0% | Added |
| State of Alaska, Department of Revenue | 36,087 | $1.62M | 0.02% | +18,970+110.8% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 36,038 | $1.62M | 0.01% | −1,323−3.5% | Reduced |
| Victory Capital Management Inc | 35,911 | $1.61M | 0.00% | −21,420−37.4% | Reduced |
| New York Life Investment Management LLC | 35,116 | $1.58M | 0.01% | −1,428−3.9% | Reduced |
| QVT Financial LP | 35,000 | $1.57M | 0.17% | +35,000 | New |
| Patriot Financial Group Insurance Agency, LLC | 34,017 | $1.53M | 0.20% | −4,096−10.7% | Reduced |
| Assenagon Asset Management S.A. | 33,999 | $1.53M | 0.00% | 00.0% | Unchanged |
| Creative Planning | 33,512 | $1.50M | 0.00% | +7,633+29.5% | Added |
| Toroso Investments, LLC | 33,175 | $1.49M | 0.01% | +20,052+152.8% | Added |
| Voya Financial Advisors, Inc. | 32,885 | $1.49M | 0.14% | −731−2.2% | Reduced |
| Public Sector Pension Investment Board | 33,135 | $1.49M | 0.01% | +1,750+5.6% | Added |
| Trexquant Investment LP | 32,972 | $1.48M | 0.02% | −354,560−91.5% | Reduced |
| Argent Trust Co | 32,903 | $1.48M | 0.05% | −6,026−15.5% | Reduced |
| Mercer Global Advisors Inc | 32,120 | $1.44M | 0.00% | +2,070+6.9% | Added |
| Retirement Systems of Alabama | 32,013 | $1.44M | 0.00% | −677−2.1% | Reduced |
| UniSuper Management Pty Ltd | 31,909 | $1.43M | 0.01% | +6,474+25.5% | Added |
| DekaBank Deutsche Girozentrale | 31,245 | $1.41M | 0.00% | 00.0% | Unchanged |
| KLP Kapitalforvaltning AS | 31,300 | $1.40M | 0.01% | −400−1.3% | Reduced |
| Occudo Quantitative Strategies LP | 30,902 | $1.39M | 0.17% | +5,578+22.0% | Added |
| B. Metzler seel. Sohn & Co. AG | 30,814 | $1.38M | 0.01% | +6,371+26.1% | Added |
| Janney Montgomery Scott LLC | 30,682 | $1.38M | 0.00% | +12,686+70.5% | Added |
| Regions Financial Corp | 30,153 | $1.35M | 0.01% | −3,546−10.5% | Reduced |
| Toronto Dominion Bank | 30,115 | $1.35M | 0.00% | −3,333−10.0% | Reduced |
| Lakewood Asset Management LLC | 29,907 | $1.34M | 0.81% | +705+2.4% | Added |
| Guggenheim Capital LLC | 29,336 | $1.32M | 0.01% | +19,508+198.5% | Added |
| Pathstone Holdings, LLC | 28,900 | $1.30M | 0.00% | −17,935−38.3% | Reduced |
| Bard Financial Services, Inc. | 28,580 | $1.28M | 0.14% | +8,780+44.3% | Added |
| Amalgamated Bank | 28,454 | $1.28M | 0.01% | −1,090−3.7% | Reduced |
| Investment Research & Advisory Group, Inc. | 28,168 | $1.26M | 0.43% | +2,042+7.8% | Added |
| Pictet Asset Management Holding SA | 28,157 | $1.26M | 0.00% | −883−3.0% | Reduced |
| Atlantic Union Bankshares Corp | 27,156 | $1.22M | 0.02% | +26,912+11,029.5% | Added |
| Sompo Asset Management Co., Ltd. | 26,715 | $1.20M | 0.21% | +4,122+18.2% | Added |
| Simplex Trading, LLC | 26,706 | $1.20M | 0.03% | +24,623+1,182.1% | Added |
| Vision Capital Management, Inc. | 26,692 | $1.20M | 0.15% | −19,629−42.4% | Reduced |
| Long Road Investment Counsel, LLC | 26,280 | $1.18M | 0.42% | −51,800−66.3% | Reduced |
| Ensign Peak Advisors, Inc | 26,072 | $1.17M | 0.00% | −22,750−46.6% | Reduced |
| Unique Wealth Strategies, LLC | 25,820 | $1.16M | 0.46% | +1,749+7.3% | Added |
| Greenup Street Wealth Management LLC | 25,587 | $1.15M | 0.18% | −5,901−18.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 25,335 | $1.14M | 0.00% | −235−0.9% | Reduced |
| Crux Wealth Advisors | 25,121 | $1.13M | 0.45% | +1,713+7.3% | Added |
| Winton Group Ltd | 24,985 | $1.12M | 0.04% | +16,616+198.5% | Added |
| Twin City Private Wealth, LLC | 24,898 | $1.12M | 0.87% | +3,839+18.2% | Added |
| Utah Retirement Systems | 24,866 | $1.12M | 0.01% | −501−2.0% | Reduced |
| Daiwa Securities Group Inc. | 24,130 | $1.08M | 0.00% | −12,771−34.6% | Reduced |
| Leith Wheeler Investment Counsel Ltd. | 23,849 | $1.07M | 0.07% | −80,977−77.2% | Reduced |
| CWA Asset Management Group, LLC | 23,781 | $1.07M | 0.04% | −555−2.3% | Reduced |
| FSB Premier Wealth Management, Inc. | 23,498 | $1.05M | 0.35% | +2,469+11.7% | Added |
| Jones Financial Companies LLLP | 23,362 | $1.05M | 0.00% | +17,424+293.4% | Added |
| Vinva Investment Management Ltd | 15,167 | $1.04M | 0.02% | +11,245+286.7% | Added |
| Commonwealth Equity Services, LLC | 23,197 | $1.04M | 0.00% | +2,722+13.3% | Added |
| Brinker Capital Investments, LLC | 22,862 | $1.03M | 0.01% | −1,549−6.3% | Reduced |
| GeoWealth Management, LLC | 22,686 | $1.02M | 0.04% | +16,713+279.8% | Added |
| CIBC Private Wealth Group, LLC | 22,570 | $1.01M | 0.00% | −977−4.1% | Reduced |
| Comerica Bank | 22,222 | $997.1K | 0.00% | −1,049−4.5% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 21,337 | $957.8K | 0.01% | +6,853+47.3% | Added |
| Triangle Securities Wealth Management | 21,213 | $951.8K | 0.22% | +600+2.9% | Added |
| Mirae Asset Global Investments Co., Ltd. | 21,082 | $946.0K | 0.00% | +2,216+11.7% | Added |
| Oddo BHF Asset Management SAS | 21,035 | $943.8K | 0.04% | −754−3.5% | Reduced |
| Hussman Strategic Advisors, Inc. | 21,000 | $942.3K | 0.20% | +21,000 | New |
| Premier Path Wealth Partners, LLC | 20,902 | $937.9K | 0.12% | +2,413+13.1% | Added |
| Yousif Capital Management, LLC | 20,058 | $900.0K | 0.01% | −1,228−5.8% | Reduced |
| Borer Denton & Associates, Inc. | 20,037 | $899.1K | 0.30% | +1,646+9.0% | Added |
| Lighthouse Investment Partners, LLC | 19,724 | $885.0K | 0.03% | −5,496−21.8% | Reduced |
| Credit Agricole S A | 19,697 | $883.8K | 0.00% | +19,697 | New |
| CIBC Asset Management Inc | 19,618 | $880.3K | 0.00% | −28−0.1% | Reduced |
| US Bancorp | 19,454 | $872.9K | 0.00% | −3,681−15.9% | Reduced |
| Rafferty Asset Management, LLC | 19,211 | $862.0K | 0.00% | +475+2.5% | Added |
| ClearAlpha Technologies LP | 19,135 | $858.6K | 2.35% | +7,384+62.8% | Added |
| Geneos Wealth Management Inc. | 18,865 | $846.5K | 0.02% | +205+1.1% | Added |
| Pacer Advisors, Inc. | 18,847 | $845.7K | 0.00% | +6,377+51.1% | Added |
| Kestra Advisory Services, LLC | 18,482 | $829.3K | 0.00% | +10,104+120.6% | Added |
| Logan Capital Management Inc | 18,340 | $822.9K | 0.03% | −760−4.0% | Reduced |
| Centaurus Financial, Inc. | 18,184 | $816.0K | 0.04% | +6,953+61.9% | Added |
| Scientech Research LLC | 17,686 | $793.6K | 0.28% | +4,392+33.0% | Added |
| Raiffeisen Bank International AG | 17,636 | $791.3K | 0.01% | +2,372+15.5% | Added |
| Bridges Investment Management Inc | 17,262 | $774.5K | 0.01% | +5,660+48.8% | Added |
| Oregon Public Employees Retirement Fund | 17,220 | $772.7K | 0.01% | +4,076+31.0% | Added |
| GTS Securities LLC | 17,187 | $771.2K | 0.03% | +17,187 | New |
| Osborne Partners Capital Management, LLC | 17,000 | $762.8K | 0.04% | −250−1.4% | Reduced |
| Warren Averett Asset Management, LLC | 16,767 | $752.3K | 0.01% | −1,297−7.2% | Reduced |
| Intrinsic Value Partners, LLC | 16,735 | $750.9K | 0.61% | +5,890+54.3% | Added |
| Mutual of America Capital Management LLC | 16,264 | $729.8K | 0.01% | −1,205−6.9% | Reduced |