CarmaxKMX
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 623 institutions reported holding Carmax Inc. (KMX) in their 13F filings, down 109 from Q2 2025. 60 opened new positions and 163 sold out. The largest holders were Vanguard Group Inc. ($758.3M), BlackRock, Inc. ($515.2M) and State Street Corp. ($248.7M). 12 famous investors held it, including Francois Rochon (2.5% of Giverny Capital's portfolio), John W. Rogers Jr. (0.3% of Ariel Investments's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).
- Company
- Carmax Inc.
- CUSIP
- 143130102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 60 | $121.8M |
| Exits | 163 | $521.9M |
All 13F filers, Q2 2025 → Q3 2025: 15,898,152 shares bought and 26,960,591 shares sold, net −11,062,439 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 623 holders
| Vanguard Group Inc. | 0.01% | Reduce -3.8% | 16,899,149 | $758.3M |
| BlackRock, Inc. | 0.01% | Add +5.9% | 11,482,251 | $515.2M |
| State Street Corp. | 0.01% | Reduce -2.2% | 5,541,586 | $248.7M |
| Janus Henderson Group PLC | 0.10% | Add +1.0% | 4,875,229 | $218.8M |
| Diamond Hill Capital Management, LLC (Investment Advisor) | 1.03% | Reduce -30.6% | 4,833,319 | $216.9M |
| Primecap Management Co. | 0.16% | Reduce -3.8% | 4,560,371 | $204.6M |
| Dimensional Fund Advisors LP | 0.04% | Add +33.2% | 3,685,201 | $165.4M |
| Arrowstreet Capital, Limited Partnership | 0.10% | Add +73.7% | 3,522,923 | $158.1M |
| Invesco Ltd. | 0.02% | Add +14.2% | 3,425,737 | $153.7M |
| Baird Financial Group, Inc. | 0.25% | Add +3.5% | 3,414,489 | $153.2M |
| Geode Capital Management, LLC | 0.01% | Reduce -10.3% | 3,417,016 | $153.0M |
| Fiduciary Management Inc. | 1.48% | Add +13.1% | 3,249,561 | $145.8M |
| AQR Capital Management | 0.09% | Reduce -29.3% | 3,149,442 | $140.5M |
| Turtle Creek Asset Management Inc. | 3.67% | Add +0.6% | 2,707,477 | $121.5M |
| Morgan Stanley | 0.01% | Add +2.8% | 2,482,840 | $111.4M |
| First Pacific Advisors, LP | 1.56% | Add +2.1% | 2,481,461 | $111.3M |
| Vulcan Value Partners, LLC | 1.90% | Add +135.2% | 2,328,120 | $104.6M |
| Cooke & Bieler LP | 1.04% | Add +29.1% | 2,241,359 | $100.6M |
| Manufacturers Life Insurance Company, The | 0.08% | Add +18.4% | 2,185,739 | $98.1M |
| Bank of America Corp. | 0.01% | Reduce -2.5% | 1,726,142 | $77.5M |
| UBS Group AG | 0.01% | Reduce -23.0% | 1,692,373 | $75.9M |
| Giverny Capital | 2.54% | Add +0.9% | 1,670,114 | $74.9M |
| Qube Research & Technologies Ltd | 0.10% | Add +8.8% | 1,636,364 | $73.4M |
| NorthCoast Asset Management LLC | 0.29% | Reduce -0.2% | 1,633,409 | $73.3M |
| Envestnet Asset Management Inc. | 0.02% | Reduce -2.7% | 1,519,900 | $68.2M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -0.3% | 1,473,295 | $66.1M |
| Northern Trust Corp. | 0.01% | Reduce -4.3% | 1,290,248 | $57.9M |
| DAVENPORT & Co LLC | 0.27% | Reduce -16.1% | 1,129,519 | $50.9M |
| Acadian Asset Management LLC | 0.09% | Add +189.3% | 1,087,563 | $48.8M |
| Rings Capital Management LLC | 22.62% | Add +71.6% | 1,074,000 | $48.2M |
| Corient Private Wealth LP | 0.07% | Add +19.5% | 1,033,239 | $46.4M |
| Wellington Management Group LLP | 0.01% | Reduce -22.9% | 981,905 | $44.1M |
| Hawk Ridge Capital Management LP | 2.08% | New | 973,980 | $43.7M |
| Silver Heights Capital Management Inc | 18.64% | Add +39.5% | 926,167 | $41.6M |
| Goldman Sachs Group Inc. | 0.01% | Add +28.3% | 882,013 | $39.6M |
| Mount Capital Ltd | 13.21% | Add +86.9% | 820,800 | $36.8M |
| Welch & Forbes LLC | 0.44% | Reduce -4.7% | 818,220 | $36.7M |
| D. E. Shaw & Co. | 0.03% | Reduce -55.7% | 784,432 | $35.2M |
| Millennium Management | 0.03% | Reduce -36.3% | 764,799 | $34.3M |
| Two Sigma Investments, LP | 0.06% | Add +13.4% | 760,241 | $34.1M |
| Royal Bank of Canada | 0.01% | Add +72.0% | 735,539 | $33.0M |
| Bank of New York Mellon Corp | 0.01% | Reduce -4.0% | 733,770 | $32.9M |
| Two Sigma Advisers, LP | 0.06% | Reduce -25.7% | 723,100 | $32.4M |
| Weitz Investment Management, Inc. | 1.58% | No change | 649,400 | $29.1M |
| Check Capital Management Inc. | 1.71% | Add +0.2% | 600,043 | $26.9M |
| Canada Pension Plan Investment Board | 0.02% | Add +85.4% | 598,931 | $26.9M |
| Ameriprise Financial Inc. | 0.01% | Reduce -15.0% | 593,940 | $26.7M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Reduce -55.6% | 581,212 | $26.1M |
| Ariel Investments | 0.27% | Add +3.4% | 571,605 | $25.6M |
| Barclays PLC | 0.01% | Add +14.6% | 533,488 | $23.9M |
| Jane Street Group, LLC | 0.03% | Add +27.0% | 503,697 | $22.6M |
| Raymond James Financial Inc. | 0.01% | Reduce -0.4% | 502,290 | $22.5M |
| Candriam S.C.A. | 0.12% | Add +1916.2% | 494,079 | $22.2M |
| J. Goldman & Co LP | 0.80% | Add +2469.7% | 470,457 | $21.1M |
| Nexus Investment Management ULC | 2.86% | Add +18.8% | 448,710 | $20.1M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.06% | Reduce -24.5% | 423,961 | $19.0M |
| Assetmark, Inc. | 0.04% | Add +26.6% | 421,424 | $18.9M |
| Eubel Brady & Suttman Asset Management Inc. | 2.27% | Add +26.1% | 406,657 | $18.2M |
| Citadel Advisors | 0.01% | Reduce -67.5% | 391,505 | $17.6M |
| Deutsche Bank AG | 0.01% | Add +4.7% | 383,529 | $17.2M |
| Wells Fargo & Company | 0.00% | Reduce -14.0% | 380,978 | $17.1M |
| Kiltearn Partners LLP | 3.39% | Reduce -3.8% | 376,600 | $16.9M |
| Schwerin Boyle Capital Management Inc. | 1.83% | Reduce -3.2% | 372,156 | $16.7M |
| BNP Paribas Financial Markets | 0.01% | Add +65.0% | 370,241 | $16.6M |
| Azora Capital LP | 0.76% | Reduce -46.5% | 364,571 | $16.4M |
| Marshall Wace, LLP | 0.02% | Reduce -52.3% | 362,854 | $16.3M |
| Nuveen, LLC | 0.00% | Reduce -10.3% | 358,257 | $16.1M |
| Legal & General Group Plc | 0.00% | Reduce -35.7% | 348,117 | $15.6M |
| Balyasny Asset Management L.P. | 0.03% | New | 342,951 | $15.4M |
| Susquehanna International Group, LLP | 0.02% | Add +260.6% | 329,992 | $14.8M |
| Rhumbline Advisers | 0.01% | Add +4.4% | 321,732 | $14.4M |
| HSBC Holdings PLC | 0.01% | Add +11.2% | 315,849 | $14.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -52.0% | 315,305 | $14.1M |
| SRS Investment Management, LLC | 0.15% | New | 310,200 | $13.9M |
| Blair William & Co. | 0.04% | Reduce -21.0% | 309,597 | $13.9M |
| MML Investors Services, LLC | 0.04% | Reduce -5.5% | 304,029 | $13.6M |
| Broad Run Investment Management, LLC | 2.20% | Reduce -5.7% | 300,111 | $13.5M |
| Capital Fund Management S.A. | 0.13% | Reduce -17.0% | 297,529 | $13.4M |
| Swiss National Bank | 0.01% | Reduce -0.1% | 290,900 | $13.1M |
| California Public Employees Retirement System | 0.01% | Add +27.1% | 256,450 | $11.5M |
| Courant Investment Management LLC | 8.78% | No change | 247,520 | $11.1M |
| Prudential Financial Inc. | 0.01% | Reduce -48.7% | 237,446 | $10.7M |
| LPL Financial LLC | 0.00% | Add +8.3% | 236,635 | $10.6M |
| Squarepoint Ops LLC | 0.02% | Reduce -78.5% | 231,951 | $10.4M |
| Clifford Swan Investment Counsel LLC | 0.34% | Add +5.6% | 230,962 | $10.4M |
| Osaic Holdings, Inc. | 0.01% | Add +9.4% | 174,986 | $10.3M |
| Gagnon Securities LLC | 2.03% | Add +38.1% | 225,629 | $10.1M |
| Avenir Corp. | 1.02% | Reduce -2.7% | 218,839 | $9.8M |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -0.8% | 217,850 | $9.8M |
| FMR LLC | 0.00% | Add +37.1% | 215,083 | $9.7M |
| Eldred Rock Partners, LLC | 2.33% | Add +41.4% | 207,986 | $9.3M |
| State of Wisconsin Investment Board | 0.02% | Reduce -7.1% | 204,221 | $9.2M |
| WS Management LLLP | 1.38% | Add +99.5% | 200,455 | $9.0M |
| Old National Bancorp | 0.15% | Reduce -2.2% | 192,688 | $8.6M |
| Oppenheimer & Co. Inc. | 0.10% | Reduce -1.3% | 191,610 | $8.6M |
| Cetera Investment Advisers | 0.01% | Add +18.0% | 183,897 | $8.3M |
| Banyan Capital Management, Inc. | 3.62% | Add +26.3% | 177,870 | $8.0M |
| MassMutual Private Wealth & Trust, FSB | 0.20% | Add +1.1% | 176,236 | $7.9M |
| Hantz Financial Services, Inc. | 0.12% | Reduce -8.3% | 175,967 | $7.9M |
| Tudor Investment Corporation | 0.05% | Reduce -65.4% | 170,699 | $7.7M |
"% of holder's portfolio" is KMX's weight in each manager's 13F, not the share of Carmax Inc. the manager owns.