CarmaxKMX
13F holders, Q4 2025 (December 31)538holders −85
83new positions
186sold out
12famous investors
$38.66avg. 13F price*
At the end of Q4 2025, 538 institutions reported holding Carmax Inc. (KMX) in their 13F filings, down 85 from Q3 2025. 83 opened new positions and 186 sold out. The largest holders were BlackRock, Inc. ($689.7M), Vanguard Group Inc. ($582.6M) and AQR Capital Management ($306.4M). 12 famous investors held it, including John W. Rogers Jr. (0.2% of Ariel Investments's portfolio), Cliff Asness (0.2% of AQR Capital Management's portfolio) and Paul Tudor Jones (0.2% of Tudor Investment Corporation's portfolio).
- Company
- Carmax Inc.
- CUSIP
- 143130102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 83 | $338.9M |
| Exits | 186 | $911.5M |
All 13F filers, Q3 2025 → Q4 2025: 43,717,347 shares bought and 43,138,756 shares sold, net +578,591 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 538 holders
| BlackRock, Inc. | 0.01% | Add +55.5% | 17,850,208 | $689.7M |
| Vanguard Group Inc. | 0.01% | Reduce -10.8% | 15,076,900 | $582.6M |
| AQR Capital Management | 0.16% | Add +151.8% | 7,930,345 | $306.4M |
| SRS Investment Management, LLC | 2.29% | Add +1717.5% | 5,637,803 | $217.8M |
| State Street Corp. | 0.01% | Reduce -8.8% | 5,051,275 | $195.2M |
| Apollo Management Holdings, L.P. | 2.29% | New | 5,046,474 | $195.0M |
| Janus Henderson Group PLC | 0.08% | Reduce -7.1% | 4,530,820 | $175.1M |
| Primecap Management Co. | 0.13% | Reduce -4.2% | 4,367,236 | $168.7M |
| Diamond Hill Capital Management, LLC (Investment Advisor) | 0.83% | Reduce -12.9% | 4,210,038 | $162.7M |
| Norges Bank | 0.02% | — | 4,120,921 | $159.2M |
| Dimensional Fund Advisors LP | 0.03% | Add +8.2% | 3,985,895 | $154.0M |
| D. E. Shaw & Co. | 0.11% | Add +364.4% | 3,642,950 | $140.8M |
| Two Sigma Investments, LP | 0.18% | Add +290.4% | 2,968,026 | $114.7M |
| Vulcan Value Partners, LLC | 2.04% | Add +25.8% | 2,928,832 | $113.2M |
| First Pacific Advisors, LP | 1.52% | Add +17.8% | 2,924,081 | $113.0M |
| Two Sigma Advisers, LP | 0.22% | Add +302.2% | 2,908,400 | $112.4M |
| Baird Financial Group, Inc. | 0.16% | Reduce -22.1% | 2,661,299 | $102.8M |
| Geode Capital Management, LLC | 0.01% | Reduce -25.1% | 2,557,859 | $98.9M |
| Manufacturers Life Insurance Company, The | 0.08% | Add +10.8% | 2,422,097 | $93.6M |
| Morgan Stanley | 0.01% | Reduce -7.4% | 2,300,103 | $88.9M |
| Arrowstreet Capital, Limited Partnership | 0.04% | Reduce -49.7% | 1,772,526 | $68.5M |
| UBS Group AG | 0.01% | Reduce -9.5% | 1,532,208 | $59.2M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -8.6% | 1,346,719 | $52.0M |
| Envestnet Asset Management Inc. | 0.02% | Reduce -11.6% | 1,344,105 | $51.9M |
| Renaissance Technologies | 0.07% | Add +1467.5% | 1,149,000 | $44.4M |
| Invesco Ltd. | 0.00% | Reduce -66.8% | 1,136,054 | $43.9M |
| Northern Trust Corp. | 0.01% | Reduce -15.9% | 1,085,167 | $41.9M |
| Bank of America Corp. | 0.00% | Reduce -39.5% | 1,043,525 | $40.3M |
| Rings Capital Management LLC | 18.23% | Reduce -11.6% | 949,000 | $36.7M |
| Silver Heights Capital Management Inc | 14.27% | Add +0.5% | 931,168 | $36.0M |
| Jane Street Group, LLC | 0.04% | Add +71.7% | 864,606 | $33.4M |
| Bank of New York Mellon Corp | 0.01% | Add +15.8% | 849,499 | $32.8M |
| Nomura Holdings Inc. | 0.09% | New | 778,063 | $30.1M |
| Focus Partners Wealth | 0.03% | Add +4653.4% | 766,492 | $29.6M |
| BNP Paribas Financial Markets | 0.02% | Add +104.2% | 756,031 | $29.2M |
| Mane Global Capital Management LP | 1.59% | New | 749,448 | $29.0M |
| Ameriprise Financial Inc. | 0.01% | Add +26.0% | 748,541 | $28.9M |
| American Century Companies Inc. | 0.01% | Add +508.9% | 732,171 | $28.3M |
| Tudor Investment Corporation | 0.16% | Add +315.1% | 708,479 | $27.4M |
| Principal Financial Group Inc. | 0.01% | Add +330.1% | 697,777 | $27.0M |
| FMR LLC | 0.00% | Add +215.8% | 679,345 | $26.2M |
| Millennium Management | 0.02% | Reduce -12.8% | 667,284 | $25.8M |
| Ariel Investments | 0.24% | Reduce -1.4% | 563,483 | $21.8M |
| Raymond James Financial Inc. | 0.01% | Add +9.5% | 549,803 | $21.2M |
| Framtiden Holdings Management Co LLC | 22.63% | — | 540,000 | $20.9M |
| Capital Fund Management S.A. | 0.20% | Add +80.6% | 537,353 | $20.8M |
| Assetmark, Inc. | 0.04% | Add +21.8% | 513,404 | $19.8M |
| Public Sector Pension Investment Board | 0.07% | Add +1433.7% | 508,182 | $19.6M |
| Citadel Advisors | 0.01% | Add +27.3% | 498,371 | $19.3M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -46.6% | 471,378 | $18.2M |
| Nexus Investment Management ULC | 2.38% | Add +0.9% | 452,800 | $17.5M |
| Welch & Forbes LLC | 0.21% | Reduce -45.4% | 446,573 | $17.3M |
| Kiltearn Partners LLP | 3.70% | Add +17.4% | 442,200 | $17.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -25.3% | 434,085 | $16.8M |
| Gotham Asset Management | 0.06% | Add +309.9% | 426,342 | $16.5M |
| Mount Capital Ltd | 6.41% | Reduce -50.0% | 410,400 | $15.9M |
| Trexquant Investment LP | 0.14% | Add +1126.9% | 404,529 | $15.6M |
| Legal & General Group Plc | 0.00% | Add +13.7% | 395,775 | $15.3M |
| Eubel Brady & Suttman Asset Management Inc. | 1.79% | Reduce -5.8% | 382,955 | $14.8M |
| Rhumbline Advisers | 0.01% | Add +17.8% | 378,844 | $14.6M |
| Ieq Capital, LLC | 0.04% | Add +634.7% | 331,324 | $12.8M |
| Barclays PLC | 0.01% | Reduce -39.5% | 322,573 | $12.5M |
| Gagnon Securities LLC | 2.54% | Add +41.9% | 320,077 | $12.4M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.03% | Reduce -27.1% | 309,117 | $11.9M |
| Clifford Swan Investment Counsel LLC | 0.39% | Add +30.1% | 300,598 | $11.6M |
| Swiss National Bank | 0.01% | Reduce -0.5% | 289,400 | $11.2M |
| MML Investors Services, LLC | 0.03% | Reduce -5.7% | 286,582 | $11.1M |
| Broad Run Investment Management, LLC | 2.05% | Reduce -4.8% | 285,542 | $11.0M |
| Canada Pension Plan Investment Board | 0.01% | Reduce -55.3% | 268,031 | $10.4M |
| Citigroup Inc. | 0.01% | Add +137.6% | 262,353 | $10.1M |
| Nuveen, LLC | 0.00% | Reduce -29.0% | 254,336 | $9.8M |
| California Public Employees Retirement System | 0.01% | Reduce -2.7% | 249,568 | $9.6M |
| Cerity Partners LLC | 0.01% | Add +150.9% | 249,274 | $9.6M |
| LPL Financial LLC | 0.00% | Add +2.9% | 243,521 | $9.4M |
| Wells Fargo & Company | 0.00% | Reduce -38.0% | 236,291 | $9.1M |
| QVT Financial LP | 0.86% | Add +557.1% | 230,000 | $8.9M |
| Royal Bank of Canada | 0.00% | Reduce -69.8% | 222,473 | $8.6M |
| Prudential Financial Inc. | 0.01% | Reduce -8.6% | 217,006 | $8.4M |
| HRT Financial LP | 0.03% | New | 214,015 | $8.3M |
| First Trust Advisors LP | 0.01% | Add +156.8% | 194,272 | $7.5M |
| SG Americas Securities, LLC | 0.01% | Add +324.3% | 177,754 | $6.9M |
| Fuller & Thaler Asset Management, Inc. | 0.02% | Add +36.4% | 176,750 | $6.8M |
| Wedge Capital Management L L P | 0.12% | Add +38.8% | 175,450 | $6.8M |
| Oppenheimer & Co. Inc. | 0.09% | Reduce -10.2% | 172,128 | $6.7M |
| New York State Teachers Retirement System | 0.01% | Add +19.7% | 165,243 | $6.4M |
| Hantz Financial Services, Inc. | 0.09% | Reduce -6.7% | 164,230 | $6.3M |
| Aquatic Capital Management LLC | 0.18% | New | 162,057 | $6.3M |
| Old National Bancorp | 0.10% | Reduce -17.7% | 158,600 | $6.1M |
| Quantinno Capital Management LP | 0.01% | Add +197.8% | 156,867 | $6.1M |
| BML Capital Management, LLC | 5.30% | New | 155,000 | $6.0M |
| Mariner, LLC | 0.01% | Add +217.8% | 152,967 | $5.9M |
| Cetera Investment Advisers | 0.01% | Reduce -17.3% | 152,046 | $5.9M |
| Osaic Holdings, Inc. | 0.01% | Reduce -13.7% | 151,098 | $5.8M |
| Akre Capital Management | 0.06% | No change | 150,600 | $5.8M |
| WS Management LLLP | 0.78% | Reduce -24.9% | 150,455 | $5.8M |
| Banyan Capital Management, Inc. | 2.46% | Reduce -17.8% | 146,248 | $5.7M |
| Sei Investments Co. | 0.01% | Reduce -13.2% | 143,713 | $5.6M |
| Engineers Gate Manager LP | 0.07% | Add +4.9% | 142,214 | $5.5M |
| California State Teachers Retirement System | 0.01% | Reduce -1.9% | 139,270 | $5.4M |
| DAVENPORT & Co LLC | 0.03% | Reduce -87.8% | 137,238 | $5.3M |
"% of holder's portfolio" is KMX's weight in each manager's 13F, not the share of Carmax Inc. the manager owns.