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 |
|---|---|---|---|---|---|
| Tranquilli Financial Advisor LLC | 10,254 | $396.2K | 0.23% | +112+1.1% | Added |
| Polymer Capital Management (US) LLC | 10,222 | $395.0K | 0.05% | −3,854−27.4% | Reduced |
| Trust Co of Virginia | 10,035 | $387.8K | 0.03% | +200+2.0% | Added |
| Credit Industriel Et Commercial | 10,001 | $386.4K | 0.06% | 00.0% | Unchanged |
| Orvieto Partners, L.P. | 10,000 | $386.4K | 0.32% | +10,000 | New |
| LMR Partners LLP | 9,801 | $378.7K | 0.00% | −5,580−36.3% | Reduced |
| Campbell & CO Investment Adviser LLC | 9,758 | $377.0K | 0.02% | +4,443+83.6% | Added |
| Resources Investment Advisors, LLC. | 9,684 | $374.2K | 0.00% | −1,871−16.2% | Reduced |
| Clearstead Advisors, LLC | 9,678 | $374.0K | 0.00% | −498−4.9% | Reduced |
| GAMMA Investing LLC | 9,509 | $367.4K | 0.02% | +5,889+162.7% | Added |
| Farther Finance Advisors, LLC | 9,224 | $356.4K | 0.00% | +5,617+155.7% | Added |
| Davis Investment Partners, LLC | 9,029 | $354.7K | 0.12% | +76+0.8% | Added |
| Capstone Financial Advisors, Inc. | 9,000 | $347.8K | 0.02% | +2,000+28.6% | Added |
| Centerstone Investors, LLC | 8,920 | $344.7K | 1.08% | 00.0% | Unchanged |
| Rafferty Asset Management, LLC | 8,863 | $342.5K | 0.00% | −10,348−53.9% | Reduced |
| Centiva Capital, LP | 8,862 | $342.4K | 0.02% | +8,862 | New |
| Sterling Capital Management LLC | 8,674 | $335.2K | 0.01% | −591−6.4% | Reduced |
| Gsa Capital Partners LLP | 8,337 | $322.0K | 0.03% | +8,337 | New |
| Sage Rhino Capital LLC | 8,321 | $321.5K | 0.06% | +8,321 | New |
| Ensign Peak Advisors, Inc | 8,222 | $317.7K | 0.00% | −17,850−68.5% | Reduced |
| HB Wealth Management, LLC | 8,209 | $317.2K | 0.00% | +844+11.5% | Added |
| Revisor Wealth Management LLC | 7,209 | $311.7K | 0.08% | +7,209 | New |
| Park Avenue Securities LLC | 8,030 | $310.0K | 0.00% | +371+4.8% | Added |
| Jackson Thornton Asset Management, LLC | 7,464 | $305.5K | 0.03% | +7,464 | New |
| Quest Partners LLC | 7,876 | $304.3K | 0.02% | +1,344+20.6% | Added |
| Xponance, Inc. | 7,818 | $302.1K | 0.00% | −5,287−40.3% | Reduced |
| HITE Hedge Asset Management LLC | 7,779 | $300.6K | 0.02% | +7,779 | New |
| EverSource Wealth Advisors, LLC | 7,734 | $298.8K | 0.01% | +2,876+59.2% | Added |
| Neo Ivy Capital Management | 7,717 | $298.2K | 0.05% | −46,151−85.7% | Reduced |
| waypoint wealth counsel | 7,672 | $296.4K | 0.11% | +7,672 | New |
| Montag A & Associates Inc | 7,526 | $290.8K | 0.01% | −2,501−24.9% | Reduced |
| Brookstone Capital Management | 7,472 | $288.7K | 0.00% | +2,539+51.5% | Added |
| Chemistry Wealth Management LLC | 7,429 | $287.1K | 0.05% | −3,248−30.4% | Reduced |
| Peoples Bank | 7,370 | $284.8K | 0.29% | +7,370 | New |
| Sanctuary Advisors, LLC | 7,331 | $283.3K | 0.00% | −2,266−23.6% | Reduced |
| Acadian Asset Management LLC | 7,267 | $280.0K | 0.00% | −1,080,296−99.3% | Reduced |
| SRS Capital Advisors, Inc. | 7,831 | $276.1K | 0.01% | −55,002−87.5% | Reduced |
| Inceptionr LLC | 7,112 | $274.8K | 0.08% | +2,531+55.2% | Added |
| Swiss Life Asset Management Ltd | 7,028 | $271.6K | 0.00% | +298+4.4% | Added |
| Sym Financial Corp | 6,997 | $270.4K | 0.03% | +6,997 | New |
| Essential Partners LLC | 6,977 | $269.6K | 0.08% | +2,134+44.1% | Added |
| Hollow Brook Wealth Management LLC | 6,956 | $268.8K | 0.07% | 00.0% | Unchanged |
| Heritage Wealth Advisors | 6,946 | $268.4K | 0.01% | −30−0.4% | Reduced |
| Empower Advisory Group, LLC | 6,939 | $268.1K | 0.00% | +6,939 | New |
| Eventide Asset Management, LLC | 6,776 | $266.3K | 0.00% | −3,364−33.2% | Reduced |
| Private Advisor Group, LLC | 6,764 | $261.4K | 0.00% | −3,196−32.1% | Reduced |
| KBC Group NV | 6,695 | $259.0K | 0.00% | −2,178−24.5% | Reduced |
| Rockefeller Capital Management L.P. | 6,578 | $254.2K | 0.00% | −707−9.7% | Reduced |
| Allworth Financial LP | 6,572 | $253.9K | 0.00% | +486+8.0% | Added |
| Panagora Asset Management Inc | 6,556 | $253.3K | 0.00% | 00.0% | Unchanged |
| Independence Wealth Advisors, LLC | 6,520 | $251.9K | 0.14% | +6,520 | New |
| Salvus Wealth Management, LLC | 6,510 | $251.5K | 0.14% | −6,715−50.8% | Reduced |
| Northern Oak Wealth Management Inc | 6,486 | $250.6K | 0.03% | −510−7.3% | Reduced |
| Laird Norton Trust Company, LLC | 6,449 | $249.2K | 0.01% | +6,449 | New |
| Persium Advisors, LLC | 6,220 | $240.3K | 0.18% | +6,220 | New |
| Personal Cfo Solutions, LLC | 6,207 | $239.8K | 0.04% | +6,207 | New |
| Sequoia Financial Advisors, LLC | 6,149 | $237.6K | 0.00% | +6,149 | New |
| Kestra Advisory Services, LLC | 6,123 | $236.6K | 0.00% | −12,359−66.9% | Reduced |
| Hardy Reed LLC | 6,034 | $233.2K | 0.02% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 5,979 | $231.0K | 0.00% | −15,358−72.0% | Reduced |
| Bokf, NA | 5,912 | $228.4K | 0.00% | +3+0.1% | Added |
| Caerus Investment Advisors, LLC | 5,868 | $226.7K | 0.08% | +5,868 | New |
| Van Diest Capital, LLC | 5,842 | $225.8K | 0.34% | +5,842 | New |
| CSS LLC | 5,820 | $224.9K | 0.01% | −1,940−25.0% | Reduced |
| US Bancorp | 5,792 | $223.8K | 0.00% | −13,662−70.2% | Reduced |
| DRW Securities, LLC | 5,654 | $218.5K | 0.02% | +5,654 | New |
| Omers Administration Corp | 5,627 | $217.4K | 0.00% | 00.0% | Unchanged |
| Lotus Technology Management, LP | 5,517 | $213.2K | 0.12% | +5,517 | New |
| AE Wealth Management LLC | 5,490 | $212.1K | 0.00% | +926+20.3% | Added |
| Verus Financial Partners, Inc. | 4,696 | $212.0K | 0.02% | −265−5.3% | Reduced |
| Empirical Finance, LLC | 5,474 | $211.5K | 0.01% | −310−5.4% | Reduced |
| Thompson Siegel & Walmsley LLC | 5,449 | $211.0K | 0.00% | 00.0% | Unchanged |
| Annis Gardner Whiting Capital Advisors, LLC | 5,450 | $210.6K | 0.04% | −903−14.2% | Reduced |
| State of Wyoming | 5,427 | $209.7K | 0.02% | +5,427 | New |
| Armistice Capital, LLC | 5,376 | $207.7K | 0.01% | +5,376 | New |
| North Dakota State Investment Board | 5,245 | $202.7K | 0.01% | +5,245 | New |
| Envestnet Portfolio Solutions, Inc. | 5,179 | $200.1K | 0.00% | +483+10.3% | Added |
| Advisory Services Network, LLC | 5,005 | $193.4K | 0.00% | +4,285+595.1% | Added |
| Cygnus Capital Advisors, LLC | 5,000 | $193.0K | 0.14% | +5,000 | New |
| Northwestern Mutual Wealth Management Co | 4,561 | $176.2K | 0.00% | −726−13.7% | Reduced |
| CX Institutional | 4,455 | $172.0K | 0.01% | +2,914+189.1% | Added |
| Rothschild Investment LLC | 4,293 | $165.9K | 0.01% | −1,063−19.8% | Reduced |
| BankPlus Trust Department | 4,077 | $157.5K | 0.04% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 3,758 | $145.2K | 0.00% | +2,072+122.9% | Added |
| Nomura Asset Management Co Ltd | 3,616 | $139.7K | 0.00% | −2,990−45.3% | Reduced |
| STRS Ohio | 3,512 | $135.7K | 0.00% | −71−2.0% | Reduced |
| Daytona Street Capital LLC | 3,500 | $135.2K | 0.11% | +3,500 | New |
| Pinnacle Wealth Planning Services, Inc. | 3,390 | $131.0K | 0.01% | +3,390 | New |
| Gilpin Wealth Management, LLC | 3,357 | $129.7K | 0.10% | +3,357 | New |
| Cary Street Partners Financial LLC | 3,286 | $127.0K | 0.00% | +3,286 | New |
| Fifth Third Bancorp | 3,229 | $124.8K | 0.00% | −3,470−51.8% | Reduced |
| Rakuten Securities, Inc. | 2,831 | $109.4K | 0.04% | +610+27.5% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 2,765 | $107.0K | 0.00% | +2,765 | New |
| Horizon Investments, LLC | 2,485 | $96.0K | 0.00% | +108+4.5% | Added |
| Wexford Capital LP | 2,438 | $94.2K | 0.02% | +2,438 | New |
| MetLife Investment Management | 2,400 | $92.7K | 0.00% | −34,828−93.6% | Reduced |
| Leonteq Securities AG | 2,337 | $90.3K | 0.00% | −2,002−46.1% | Reduced |
| Parallel Advisors, LLC | 2,165 | $83.7K | 0.00% | +1,724+390.9% | Added |
| Umb Bank N A | 2,074 | $80.1K | 0.00% | +1,599+336.6% | Added |
| MCF Advisors LLC | 2,000 | $77.3K | 0.00% | +1,990+19,900.0% | Added |