CarMax Ownership | Who Owns CarMax?


OverviewForecastRevenueFinancialsChartTranscripts

CarMax Ownership Summary


CarMax is owned by 29.01% institutional investors, 0.41% insiders, and 70.58% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 11.72% of KMX shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 6.09% of its assets in CarMax shares.

KMX Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockCarMax29.01%0.41%70.58%
SectorConsumer Cyclical Stocks 249.86%15.44%-165.30%
IndustryCar Dealership Stocks35.71%8.07%56.22%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de17.26M11.72%$717.57M
Vanguard group15.08M10.12%$582.57M
Blackrock11.16M7.10%$818.52M
Aqr capital management10.06M6.83%$412.58M
Starboard value lp6.20M4.21%$257.85M
Srs investment management5.65M3.84%$235.00M
Two sigma investments, lp5.35M3.63%$222.33M
State street4.89M3.32%$203.12M
Janus henderson group4.58M3.11%$190.47M
Primecap management co/ca/4.36M2.96%$181.21M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Rings capital management949.00K21.20%$39.46M
Silver heights capital management917.70K14.66%$38.16M
Mount capital410.40K6.88%$17.06M
Freshford capital management500.00K6.46%$36.67M
Starboard value lp6.20M5.64%$257.85M
Bluedrive global investors llp56.75K4.75%$4.16M
Oakview capital management20.37K4.70%$1.49M
Kiltearn partners llp394.70K4.42%$16.41M
Bml capital management155.00K4.14%$6.44M
Biglari, sardar41.10K3.36%$1.71M

Top Buyers

HolderShares% AssetsChange
Starboard value lp6.20M5.64%6.20M
Norges bank4.12M0.02%4.12M
Two sigma investments, lp5.35M0.18%2.38M
Aqr capital management10.06M0.19%2.13M
Goldman sachs group1.60M0.01%1.13M

Top Sellers

HolderShares% AssetsChange
Fiduciary management inc /wi/---3.25M
Capital research global investors---2.78M
Turtle creek asset management---2.71M
Cooke & bieler lp---2.24M
Vanguard group15.08M0.01%-1.82M

New Positions

HolderShares% AssetsChangeValue
Starboard value lp6.20M5.64%6.20M$257.85M
Norges bank4.12M0.02%4.12M$159.23M
Hawk ridge capital management lp973.98K2.08%973.98K$43.70M
Vanguard fiduciary trust881.70K0.01%881.70K$36.66M
Holocene advisors, lp826.14K0.08%826.14K$34.35M

Sold Out

HolderChange
Mendota financial group-1.00
Parallax volatility advisers-1.00
Gps wealth strategies group-1.00
Soa wealth advisors, llc.-1.00
Hughes financial services-1.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Mar 31, 2026307-46.14%42,716,000-71.68%290.28%139-49.82%103-50.95%
Dec 31, 2025478-27.90%121,021,364-16.91%810.87%233-21.81%176-29.60%
Sep 30, 2025645-16.12%145,433,958-9.10%960.87%289-21.25%242-12.32%
Jun 30, 2025750-4.58%159,808,8422.06%1051.03%3572.00%271-6.55%
Mar 31, 2025695-11.58%147,226,010-11.11%940.84%319-8.60%250-11.35%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Small-Cap ETF8.64M6.09%1.83K
Vanguard US Total Market Shares ETF4.92M3.21%-59.41K
Vanguard Total Stock Mkt Idx Inv4.52M3.19%11.90K
Vanguard Institutional 500 Index Trust4.37M2.90%27.80K
Vanguard 500 Index Investor3.77M2.51%-552.68K
Vanguard Small Cap Index3.27M2.30%-3.73K
Janus Inst Mid Cap Growth CF3.16M2.23%-
Janus Henderson Enterprise D3.16M2.23%-
Invesco S&P 500® Equal Weight ETF2.08M1.39%3.07K
FPA Crescent1.85M1.30%8.92K

Recent Insider Transactions


DateNameRoleActivityValue
Oct 02, 2025ONeil Mark F-Buy$499.81K
Oct 02, 2025STEENROD MITCHELL D-Buy$91.14K
Jul 02, 2025Daniels Jon G EVP, CAFSell$108.79K
Apr 24, 2025STEENROD MITCHELL D-Buy$85.14K
Jan 28, 2025Tuite Tyler SVP & Chief Product OfficerSell$411.82K

Insider Transactions Trends


DateBuySell
2026 Q1--
2025 Q42-
2025 Q3-1
2025 Q21-
2025 Q1-5

KMX Ownership FAQ


Who Owns CarMax?

CarMax shareholders are primarily institutional investors at 29.01%, followed by 0.41% insiders and 70.58% retail investors. The average institutional ownership in CarMax's industry, Car Dealership Stocks, is 35.71%, which CarMax falls below.

Who owns the most shares of CarMax?

CarMax’s largest shareholders are Blackrock funding, inc. /de (17.26M shares, 11.72%), Vanguard group (15.08M shares, 10.12%), and Blackrock (11.16M shares, 7.10%). Together, they hold 28.94% of CarMax’s total shares outstanding.

Does Blackrock own CarMax?

Yes, BlackRock owns 7.10% of CarMax, totaling 11.16M shares as of Jun 2024. This represents 0.02% of BlackRock's total assets, with a market value of 818.52M$. In the last quarter, BlackRock increased its holdings by 171.41K shares, a 1.56% change.

Who is CarMax’s biggest shareholder by percentage of total assets invested?

Rings capital management is CarMax’s biggest shareholder by percentage of total assets invested, with 21.20% of its assets in 949K CarMax shares, valued at 39.46M$.

Who is the top mutual fund holder of CarMax shares?

iShares Core S&P Small-Cap ETF is the top mutual fund holder of CarMax shares, with 6.09% of its total shares outstanding invested in 8.64M CarMax shares.

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