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, Q4 2025
Institutional positions in CarMax Inc as of Dec 31, 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
- 537
- −78 vs. Q3 2025
- Shares held
- 150.9M
- +5.42M (+3.7%) vs. Q3 2025
- Total value
- $5.83B
- −$694.5M (−10.6%) vs. Q3 2025
- New holders
- 109
- 168 more added
- Sold out
- 187
- 212 more reduced
7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding CarMax Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| SRS Capital Advisors, Inc. | 7,831 | $276.1K | 0.01% | −55,002−87.5% | Reduced |
| Acadian Asset Management LLC | 7,267 | $280.0K | 0.00% | −1,080,296−99.3% | Reduced |
| Sanctuary Advisors, LLC | 7,331 | $283.3K | 0.00% | −2,266−23.6% | Reduced |
| Peoples Bank | 7,370 | $284.8K | 0.29% | +7,370 | New |
| Chemistry Wealth Management LLC | 7,429 | $287.1K | 0.05% | −3,248−30.4% | Reduced |
| Brookstone Capital Management | 7,472 | $288.7K | 0.00% | +2,539+51.5% | Added |
| Montag A & Associates Inc | 7,526 | $290.8K | 0.01% | −2,501−24.9% | Reduced |
| waypoint wealth counsel | 7,672 | $296.4K | 0.11% | +7,672 | New |
| Neo Ivy Capital Management | 7,717 | $298.2K | 0.05% | −46,151−85.7% | Reduced |
| EverSource Wealth Advisors, LLC | 7,734 | $298.8K | 0.01% | +2,876+59.2% | Added |
| HITE Hedge Asset Management LLC | 7,779 | $300.6K | 0.02% | +7,779 | New |
| Xponance, Inc. | 7,818 | $302.1K | 0.00% | −5,287−40.3% | Reduced |
| Quest Partners LLC | 7,876 | $304.3K | 0.02% | +1,344+20.6% | Added |
| Jackson Thornton Asset Management, LLC | 7,464 | $305.5K | 0.03% | +7,464 | New |
| Park Avenue Securities LLC | 8,030 | $310.0K | 0.00% | +371+4.8% | Added |
| Revisor Wealth Management LLC | 7,209 | $311.7K | 0.08% | +7,209 | New |
| HB Wealth Management, LLC | 8,209 | $317.2K | 0.00% | +844+11.5% | Added |
| Ensign Peak Advisors, Inc | 8,222 | $317.7K | 0.00% | −17,850−68.5% | Reduced |
| Sage Rhino Capital LLC | 8,321 | $321.5K | 0.06% | +8,321 | New |
| Gsa Capital Partners LLP | 8,337 | $322.0K | 0.03% | +8,337 | New |
| Sterling Capital Management LLC | 8,674 | $335.2K | 0.01% | −591−6.4% | Reduced |
| Centiva Capital, LP | 8,862 | $342.4K | 0.02% | +8,862 | New |
| Rafferty Asset Management, LLC | 8,863 | $342.5K | 0.00% | −10,348−53.9% | Reduced |
| Centerstone Investors, LLC | 8,920 | $344.7K | 1.08% | 00.0% | Unchanged |
| Capstone Financial Advisors, Inc. | 9,000 | $347.8K | 0.02% | +2,000+28.6% | Added |
| Davis Investment Partners, LLC | 9,029 | $354.7K | 0.12% | +76+0.8% | Added |
| Farther Finance Advisors, LLC | 9,224 | $356.4K | 0.00% | +5,617+155.7% | Added |
| GAMMA Investing LLC | 9,509 | $367.4K | 0.02% | +5,889+162.7% | Added |
| Clearstead Advisors, LLC | 9,678 | $374.0K | 0.00% | −498−4.9% | Reduced |
| Resources Investment Advisors, LLC. | 9,684 | $374.2K | 0.00% | −1,871−16.2% | Reduced |
| Campbell & CO Investment Adviser LLC | 9,758 | $377.0K | 0.02% | +4,443+83.6% | Added |
| LMR Partners LLP | 9,801 | $378.7K | 0.00% | −5,580−36.3% | Reduced |
| Orvieto Partners, L.P. | 10,000 | $386.4K | 0.32% | +10,000 | New |
| Credit Industriel Et Commercial | 10,001 | $386.4K | 0.06% | 00.0% | Unchanged |
| Trust Co of Virginia | 10,035 | $387.8K | 0.03% | +200+2.0% | Added |
| Polymer Capital Management (US) LLC | 10,222 | $395.0K | 0.05% | −3,854−27.4% | Reduced |
| Tranquilli Financial Advisor LLC | 10,254 | $396.2K | 0.23% | +112+1.1% | Added |
| Aviso Financial Inc. | 10,599 | $409.5K | 0.02% | +123+1.2% | Added |
| Oregon Pacific Wealth Management, LLC | 10,750 | $415.4K | 0.43% | +2,708+33.7% | Added |
| NorthCrest Asset Manangement, LLC | 10,357 | $417.6K | 0.01% | +2,498+31.8% | Added |
| Bamco Inc | 10,875 | $420.2K | 0.00% | 00.0% | Unchanged |
| Franklin Resources Inc | 10,898 | $421.1K | 0.00% | −1,524−12.3% | Reduced |
| TD Waterhouse Canada Inc. | 11,003 | $424.7K | 0.00% | +1,171+11.9% | Added |
| Evergreen Capital Management LLC | 11,103 | $429.0K | 0.01% | +6,381+135.1% | Added |
| Aster Capital Management (DIFC) Ltd | 11,170 | $431.6K | 0.19% | +2,191+24.4% | Added |
| Public Employees Retirement Association of Colorado | 11,188 | $432.0K | 0.00% | 00.0% | Unchanged |
| Intrinsic Value Partners, LLC | 11,271 | $435.5K | 0.33% | −5,464−32.7% | Reduced |
| Keystone Financial Services | 11,548 | $446.2K | 0.13% | −1,703−12.9% | Reduced |
| Borer Denton & Associates, Inc. | 11,784 | $455.3K | 0.15% | −8,253−41.2% | Reduced |
| Elgethun Capital Management | 12,125 | $468.5K | 0.08% | +12,125 | New |
| AdvisorShares Investments LLC | 12,400 | $479.1K | 0.08% | +12,400 | New |
| Harvey Investment Co LLC | 12,550 | $485.0K | 0.05% | −28,200−69.2% | Reduced |
| Integrated Wealth Concepts LLC | 12,567 | $485.6K | 0.01% | +1,209+10.6% | Added |
| Crossmark Global Holdings, Inc. | 12,635 | $488.2K | 0.01% | +672+5.6% | Added |
| D.A. Davidson & Co. | 12,696 | $490.6K | 0.00% | −310−2.4% | Reduced |
| Wellington Shields & Co., LLC | 12,788 | $494.1K | 0.12% | +151+1.2% | Added |
| Daiwa Securities Group Inc. | 12,878 | $498.0K | 0.00% | −11,252−46.6% | Reduced |
| Chicago Partners Investment Group LLC | 10,843 | $501.9K | 0.01% | +5,228+93.1% | Added |
| Bank of Montreal | 13,007 | $502.6K | 0.00% | −155,117−92.3% | Reduced |
| PensionDanmark Pensionsforsikringsaktieselskab | 13,124 | $507.1K | 0.00% | +13,124 | New |
| New York Life Investment Management LLC | 13,150 | $508.1K | 0.00% | −21,966−62.6% | Reduced |
| Auxano Advisors, LLC | 13,249 | $511.9K | 0.10% | −1,007−7.1% | Reduced |
| Cynosure Management, LLC | 13,313 | $514.4K | 0.05% | +13,313 | New |
| Federation des caisses Desjardins du Quebec | 13,628 | $526.6K | 0.00% | +1,520+12.6% | Added |
| Regions Financial Corp | 13,865 | $535.7K | 0.00% | −16,288−54.0% | Reduced |
| SPWM Advisors LLC | 14,393 | $556.1K | 0.53% | +14,393 | New |
| CIBC Asset Management Inc | 14,643 | $565.8K | 0.00% | −4,975−25.4% | Reduced |
| Centaurus Financial, Inc. | 14,754 | $570.0K | 0.03% | −3,430−18.9% | Reduced |
| JustInvest LLC | 15,016 | $580.2K | 0.01% | +6,810+83.0% | Added |
| Profund Advisors LLC | 15,110 | $583.9K | 0.02% | +15,110 | New |
| Janney Montgomery Scott LLC | 15,425 | $596.0K | 0.00% | −15,257−49.7% | Reduced |
| Cape Investment Advisory, Inc. | 15,588 | $602.3K | 0.19% | −381−2.4% | Reduced |
| Neuberger Berman Group LLC | 16,168 | $624.7K | 0.00% | −50,162−75.6% | Reduced |
| Warren Averett Asset Management, LLC | 16,290 | $629.4K | 0.01% | −477−2.8% | Reduced |
| Birch Hill Investment Advisors LLC | 16,300 | $629.8K | 0.03% | −19,937−55.0% | Reduced |
| GeoWealth Management, LLC | 16,414 | $634.2K | 0.02% | −6,272−27.6% | Reduced |
| Mutual of America Capital Management LLC | 16,783 | $648.5K | 0.01% | +519+3.2% | Added |
| Maia Wealth LLC | 15,899 | $651.2K | 0.11% | −3,204−16.8% | Reduced |
| Logan Capital Management Inc | 16,915 | $653.6K | 0.03% | −1,425−7.8% | Reduced |
| Merit Financial Group, LLC | 17,091 | $660.4K | 0.01% | +3,744+28.1% | Added |
| Quantitative Investment Management, LLC | 17,391 | $671.0K | 0.07% | +17,391 | New |
| Teacher Retirement System of Texas | 17,370 | $671.2K | 0.00% | −23,726−57.7% | Reduced |
| CIBC Private Wealth Group, LLC | 17,971 | $694.4K | 0.00% | −4,599−20.4% | Reduced |
| Evolve Private Wealth, LLC | 18,490 | $714.5K | 0.04% | +18,490 | New |
| Group One Trading, L.P. | 18,496 | $714.7K | 0.02% | −19,524−51.4% | Reduced |
| Fox Run Management, L.L.C. | 18,521 | $715.7K | 0.11% | +3,571+23.9% | Added |
| Rockbridge Capital Management LLC | 18,806 | $726.7K | 0.44% | +18,806 | New |
| Russell Investments Group, Ltd. | 18,808 | $726.8K | 0.00% | −35,076−65.1% | Reduced |
| Geneos Wealth Management Inc. | 19,881 | $768.2K | 0.02% | +1,016+5.4% | Added |
| M&T Bank Corp | 20,343 | $785.9K | 0.00% | +13,905+216.0% | Added |
| Deutsche Bank AG | 20,532 | $793.4K | 0.00% | −362,997−94.6% | Reduced |
| Guggenheim Capital LLC | 21,489 | $830.3K | 0.01% | −7,847−26.7% | Reduced |
| Premier Path Wealth Partners, LLC | 21,514 | $831.3K | 0.11% | +612+2.9% | Added |
| Brinker Capital Investments, LLC | 21,621 | $835.4K | 0.01% | −1,241−5.4% | Reduced |
| Penserra Capital Management LLC | 21,680 | $837.0K | 0.01% | +9,126+72.7% | Added |
| Krilogy Financial LLC | 18,669 | $842.7K | 0.03% | +6,972+59.6% | Added |
| FSB Premier Wealth Management, Inc. | 22,037 | $851.5K | 0.27% | −1,461−6.2% | Reduced |
| XTX Topco Ltd | 22,043 | $851.7K | 0.02% | −33,913−60.6% | Reduced |
| Meriwether Wealth & Planning, LLC | 22,295 | $861.5K | 0.49% | +8,301+59.3% | Added |
| Sivia Capital Partners, LLC | 22,520 | $870.2K | 0.18% | +22,520 | New |