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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, Q1 2026

Institutional positions in CarMax Inc as of Mar 31, 2026. 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
550
+22 vs. Q4 2025
Shares held
153.2M
+21.6M (+16.4%) vs. Q4 2025
Total value
$6.36B
+$1.28B (+25.1%) vs. Q4 2025
New holders
103
180 more added
Sold out
81
189 more reduced

9 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 550 institutions
Q1 2021: 699 institutionsQ2 2021: 682 institutionsQ3 2021: 685 institutionsQ4 2021: 737 institutionsQ1 2022: 696 institutionsQ2 2022: 693 institutionsQ3 2022: 640 institutionsQ4 2022: 659 institutionsQ1 2023: 674 institutionsQ2 2023: 705 institutionsQ3 2023: 683 institutionsQ4 2023: 706 institutionsQ1 2024: 716 institutionsQ2 2024: 707 institutionsQ3 2024: 743 institutionsQ4 2024: 750 institutionsQ1 2025: 753 institutionsQ2 2025: 731 institutionsQ3 2025: 622 institutionsQ4 2025: 537 institutionsQ1 2026: 550 institutionsQ2 2026: 557 institutions
Value heldQ1 2026: $6.36B
Q1 2021: $20.4BQ2 2021: $20.3BQ3 2021: $19.9BQ4 2021: $20.3BQ1 2022: $16.0BQ2 2022: $14.7BQ3 2022: $10.9BQ4 2022: $10.4BQ1 2023: $11.0BQ2 2023: $13.9BQ3 2023: $11.9BQ4 2023: $13.0BQ1 2024: $15.0BQ2 2024: $12.4BQ3 2024: $12.6BQ4 2024: $13.1BQ1 2025: $12.6BQ2 2025: $10.7BQ3 2025: $6.54BQ4 2025: $5.83BQ1 2026: $6.36BQ2 2026: $7.80B
Institutions holding KMX and their total value by quarter
QuarterHoldersValue
Q2 2026557$7.80B
Q1 2026550$6.36B
Q4 2025537$5.83B
Q3 2025622$6.54B
Q2 2025731$10.7B
Q1 2025753$12.6B
Q4 2024750$13.1B
Q3 2024743$12.6B
Q2 2024707$12.4B
Q1 2024716$15.0B
Q4 2023706$13.0B
Q3 2023683$11.9B
Q2 2023705$13.9B
Q1 2023674$11.0B
Q4 2022659$10.4B
Q3 2022640$10.9B
Q2 2022693$14.7B
Q1 2022696$16.0B
Q4 2021737$20.3B
Q3 2021685$19.9B
Q2 2021682$20.3B
Q1 2021699$20.4B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding CarMax Inc; share changes are against Q4 2025.

Institutions holding KMX in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.17,257,461$717.6M0.01%−592,747−3.3%Reduced
AQR Capital Management LLC10,060,502$412.6M0.19%+2,130,157+26.9%Added
Vanguard Portfolio Management LLC7,276,272$302.5M0.02%+7,276,272New
Vanguard Capital Management LLC6,386,764$265.6M0.01%+6,386,764New
Starboard Value LPSuperinvestorStarboard Value6,201,362$257.9M5.64%+6,201,362New
SRS Investment Management, LLC5,651,674$235.0M2.48%+13,871+0.2%Added
Two Sigma Investments, LP5,347,097$222.3M0.18%+2,379,071+80.2%Added
State Street Corp4,885,060$203.1M0.01%−166,215−3.3%Reduced
Janus Henderson Group PLC4,580,807$190.5M0.09%+49,987+1.1%Added
Primecap Management Co4,358,146$181.2M0.14%−9,090−0.2%Reduced
Dimensional Fund Advisors LP4,275,663$177.8M0.04%+289,768+7.3%Added
Apollo Management Holdings, L.P.4,144,741$172.3M2.88%−901,733−17.9%Reduced
Baird Financial Group, Inc.3,068,452$127.6M0.20%+407,153+15.3%Added
First Pacific Advisors, LP2,981,709$124.0M1.74%+57,628+2.0%Added
D. E. Shaw & Co., Inc.2,920,417$121.4M0.10%−722,533−19.8%Reduced
Geode Capital Management, LLC2,554,767$106.3M0.01%−3,092−0.1%Reduced
Morgan Stanley2,534,739$105.4M0.01%+234,636+10.2%Added
Diamond Hill Capital Management Inc2,470,596$102.7M0.64%−1,739,442−41.3%Reduced
Manufacturers Life Insurance Company, The2,398,257$99.7M0.09%−23,840−1.0%Reduced
Vulcan Value Partners, LLC2,204,876$91.7M2.43%−723,956−24.7%Reduced
Bank of America Corp1,687,359$70.2M0.01%+643,834+61.7%Added
UBS Group AG1,614,295$67.1M0.01%+82,087+5.4%Added
Goldman Sachs Group Inc1,601,522$66.6M0.01%+1,130,144+239.8%Added
Colony Group, LLC1,492,859$62.1M0.07%+726,367+94.8%Added
Charles Schwab Investment Management Inc1,434,590$59.7M0.01%+87,871+6.5%Added
American Century Companies Inc1,390,912$57.8M0.03%+658,741+90.0%Added
Millennium Management LLC1,314,833$54.7M0.04%+647,549+97.0%Added
Renaissance Technologies LLC1,245,000$51.8M0.08%+96,000+8.4%Added
Pacer Advisors, Inc.1,169,654$48.6M0.14%+1,169,654New
Northern Trust Corp1,089,126$45.3M0.01%+3,959+0.4%Added
Invesco Ltd.1,052,539$43.8M0.00%−83,515−7.4%Reduced
Gotham Asset Management, LLC984,504$40.9M0.13%+558,162+130.9%Added
Rings Capital Management LLC949,000$39.5M21.20%00.0%Unchanged
Envestnet Asset Management Inc917,829$38.2M0.01%−426,276−31.7%Reduced
Silver Heights Capital Management Inc917,698$38.2M14.66%−13,470−1.4%Reduced
Vanguard Fiduciary Trust Co881,698$36.7M0.01%+881,698New
Holocene Advisors, LP826,142$34.4M0.08%+826,142New
Bank of New York Mellon Corp817,830$34.0M0.01%−31,669−3.7%Reduced
Woodline Partners LP765,226$31.8M0.12%+698,840+1,052.7%Added
Principal Financial Group Inc687,007$28.6M0.02%−10,770−1.5%Reduced
Ieq Capital, LLC621,298$25.8M0.12%+289,974+87.5%Added
Davenport & Co LLC616,133$25.6M0.14%+478,895+349.0%Added
Ameriprise Financial Inc597,278$24.8M0.01%−151,263−20.2%Reduced
Ariel Investments, LLC561,947$23.4M0.26%−1,536−0.3%Reduced
Framtiden Holdings Management Co LLC540,000$22.5M21.98%00.0%Unchanged
Public Sector Pension Investment Board507,306$21.1M0.07%−876−0.2%Reduced
Man Group plc501,796$20.9M0.04%+434,561+646.3%Added
Citadel Advisors LLC485,088$20.2M0.01%−13,283−2.7%Reduced
Nexus Investment Management ULC464,815$19.3M2.70%+12,015+2.7%Added
FMR LLC463,191$19.3M0.00%−216,154−31.8%Reduced
Jane Street Group, LLC457,728$19.0M0.02%−406,878−47.1%Reduced
BNP Paribas Arbitrage, SA450,570$18.7M0.01%−305,461−40.4%Reduced
Eubel Brady & Suttman Asset Management Inc446,878$18.6M2.20%+63,923+16.7%Added
Raymond James Financial Inc437,628$18.2M0.01%−112,175−20.4%Reduced
UBS Asset Management Americas Inc434,886$18.1M0.00%+801+0.2%Added
Welch & Forbes LLC426,833$17.7M0.23%−19,740−4.4%Reduced
Mount Capital Ltd410,400$17.1M6.88%00.0%Unchanged
Kiltearn Partners LLP394,700$16.4M4.42%−47,500−10.7%Reduced
Trexquant Investment LP379,714$15.8M0.11%−24,815−6.1%Reduced
Rhumbline Advisers377,493$15.7M0.01%−1,351−0.4%Reduced
Endure Capital Management, LLC365,447$15.2M10.56%+365,447New
Legal & General Group Plc359,513$14.9M0.00%−36,262−9.2%Reduced
Mariner, LLC356,675$14.8M0.02%+203,708+133.2%Added
Cerity Partners LLC346,759$14.4M0.02%+97,485+39.1%Added
First Trust Advisors LP331,434$13.8M0.01%+137,162+70.6%Added
Clifford Swan Investment Counsel LLC324,084$13.5M0.46%+23,486+7.8%Added
Marshall Wace, LLP319,573$13.3M0.01%+262,139+456.4%Added
Gagnon Securities LLC309,699$12.9M2.97%−10,378−3.2%Reduced
Royal Bank of Canada291,671$12.1M0.00%+69,198+31.1%Added
Quantinno Capital Management LP288,409$12.0M0.02%+131,542+83.9%Added
Broad Run Investment Management, LLC284,385$11.8M2.08%−1,157−0.4%Reduced
Nuveen, LLC283,360$11.8M0.00%+29,024+11.4%Added
Swiss National Bank280,600$11.7M0.01%−8,800−3.0%Reduced
CWM, LLC276,560$11.5M0.03%+145,803+111.5%Added
Canada Pension Plan Investment Board275,031$11.4M0.01%+7,000+2.6%Added
QVT Financial LP260,903$10.8M0.86%+30,903+13.4%Added
Worldquant Millennium Advisors LLC227,183$9.45M0.04%+156,721+222.4%Added
Landscape Capital Management, L.L.C.220,712$9.18M0.58%+220,712New
Wells Fargo & Company216,030$8.98M0.00%−20,261−8.6%Reduced
HITE Hedge Asset Management LLC203,243$8.45M0.48%+195,464+2,512.7%Added
Old National Bancorp193,940$8.06M0.14%+35,340+22.3%Added
Fuller & Thaler Asset Management, Inc.189,114$7.86M0.03%+12,364+7.0%Added
Assetmark, Inc187,167$7.78M0.02%−326,237−63.5%Reduced
California Public Employees Retirement System185,513$7.71M0.00%−64,055−25.7%Reduced
JPMorgan Chase & Co188,200$7.53M0.00%+65,907+53.9%Added
Oppenheimer & Co Inc180,703$7.51M0.09%+8,575+5.0%Added
Banyan Capital Management, Inc.172,211$7.16M3.09%+25,963+17.8%Added
Wealth Enhancement Advisory Services, LLC185,243$7.11M0.02%+97,242+110.5%Added
Lighthouse Investment Partners, LLC167,043$6.95M0.26%+109,415+189.9%Added
California State Teachers Retirement System163,920$6.82M0.01%+24,650+17.7%Added
Barclays PLC163,225$6.79M0.00%−159,348−49.4%Reduced
Qsemble Capital Management, LP161,396$6.71M0.51%+80,622+99.8%Added
Bessemer Group Inc156,121$6.49M0.01%+34,211+28.1%Added
BML Capital Management, LLC155,000$6.44M4.15%00.0%Unchanged
WS Management LLLP150,455$6.26M0.82%00.0%Unchanged
Kinsale Capital Group, Inc.146,993$6.11M0.98%+25,850+21.3%Added
Hantz Financial Services, Inc.145,382$6.04M0.09%−18,848−11.5%Reduced
SEI Investments Co144,292$6.00M0.01%+579+0.4%Added
Alliancebernstein L.P.155,141$5.99M0.00%+74,329+92.0%Added
Markel Group Inc.SuperinvestorMarkel Group136,500$5.68M0.05%00.0%Unchanged