CarMax, Inc. (KMX) Ownership

NYSE: KMXTop holders, insider trades and short interest.

KMX ownership summary

as of October 18, 2026
Institutions
105.1%
of shares outstanding
Insiders
0.47%
of shares outstanding
Shares outstanding
141.9M
Float
141.1M
shares available to trade
Short interest
8.62%
10.8M shares short
Days to cover
3.58
short interest down 3.8% vs prior month
  • Institutions 105.13%
  • Insiders 0.47%

KMX top institutional holders

20 largest
CarMax, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc12.04%17.1M$911.5M−165,372 (−1.0%)June 30, 2026
2Vanguard Portfolio Management, LLC5.13%7.3M$388.6M+10,203 (+0.1%)June 30, 2026
3AQR Capital Management LLC4.67%6.6M$353.2M−3.4M (−34.2%)June 30, 2026
4Vanguard Capital Management, LLC4.52%6.4M$342.4M+33,427 (+0.5%)June 30, 2026
5SRS Investment Management, LLC4.17%5.9M$315.9M+271,188 (+4.8%)June 30, 2026
6Two Sigma Investments LLC4.11%5.8M$311.0M+484,873 (+9.1%)June 30, 2026
7State Street Corp3.63%5.2M$275.0M+271,216 (+5.6%)June 30, 2026
8Dimensional Fund Advisors, Inc.3.50%5.0M$265.3M+699,109 (+16.4%)June 30, 2026
9Jupiter Topco LLC3.27%4.6M$247.7M+4.6M (0.0%)June 30, 2026
10HHG PLC3.23%4.6M$244.3M+49,987 (+1.1%)March 31, 2026
11PRIMECAP Management Company3.07%4.4M$232.5M+870 (+0.0%)June 30, 2026
12D. E. Shaw & Co LP2.31%3.3M$174.9M+359,686 (+12.3%)June 30, 2026
13American Century Companies Inc2.29%3.3M$173.3M+1.9M (+133.7%)June 30, 2026
14Baird Financial Group, Inc.2.26%3.2M$171.0M+138,682 (+4.5%)June 30, 2026
15Starboard Value LP2.26%3.2M$171.0M−3.0M (−48.3%)June 30, 2026
16First Pacific Advisors, LP2.12%3.0M$160.4M+26,855 (+0.9%)June 30, 2026
17Hawk Ridge Management LLC2.00%2.8M$151.2M+2.8M (0.0%)June 30, 2026
18Geode Capital Management, LLC1.81%2.6M$136.7M+9,240 (+0.4%)June 30, 2026
19Manufacturers Life Insurance Co1.71%2.4M$129.1M+21,882 (+0.9%)June 30, 2026
20Canada Pension Plan Investment Board1.54%2.2M$116.4M+1.9M (+693.8%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 17 holders added 13.6M shares and 3 cut 6.6M.

KMX top mutual fund and ETF holders

20 largest
CarMax, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1iShares Core S&P Small-Cap ETF5.96%8.5M$450.8M+1,776 (+0.0%)September 30, 2026
2Vanguard MStar Total Stk Mkt Idx Invest3.17%4.5M$240.2M−17,989 (−0.4%)August 31, 2026
3Vanguard Small Cap Index2.25%3.2M$170.4M−68,234 (−2.1%)September 30, 2026
4Janus Henderson Enterprise D2.22%3.2M$168.4M—August 31, 2026
5Avantis US Small Cap Value ETF1.90%2.7M$144.0M—September 30, 2026
6Vanguard MStar Small Cap Value Index1.46%2.1M$110.9M+436,554 (+26.6%)September 30, 2026
7FPA Crescent1.30%1.8M$98.4M—June 30, 2026
8Vanguard Capital Opportunity Inv1.17%1.7M$88.8M—June 30, 2026
9DFA US Small Cap Value I1.07%1.5M$80.9M+92,280 (+6.5%)August 31, 2026
10State Street SPDR Port S&P 600 Sm CpETF0.91%1.3M$68.9M—September 30, 2026
11iShares S&P Small-Cap 600 Value ETF0.85%1.2M$64.0M—September 30, 2026
12Vanguard PRIMECAP Core Inv0.67%952K$50.8M+4,400 (+0.5%)June 30, 2026
13Vanguard Tax-Managed Small Cap Adm0.61%870K$46.4M−88,309 (−9.2%)September 30, 2026
14JHVIT Fundamental All Cap Core I0.58%823K$43.9M—August 31, 2026
15State Street® SPDR® S&P 600™ Sm CpValETF0.53%747K$39.9M—September 30, 2026
16Fidelity Extended Market Index0.49%693K$37.0M−7,113 (−1.0%)August 31, 2026
17Dimensional US Small Cap Value ETF0.45%643K$34.3M+250 (+0.0%)September 24, 2026
18Invesco S&P SmallCap 600 Revenue ETF0.42%592K$31.6M+860 (+0.1%)September 30, 2026
19iShares Russell Mid-Cap ETF0.41%585K$31.2M+1,083 (+0.2%)September 30, 2026
20Fidelity Mid Cap Index0.38%544K$29.0M+8,267 (+1.5%)August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

KMX insider transactions

latest 9
CarMax, Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-01-29Ro KhannaSell$45.50——
2026-01-22Ro KhannaSell$47.77——
2025-10-07Ro KhannaSell$44.89——
2025-09-08Ro KhannaSell$61.28——
2025-08-26Ro KhannaSell$59.71——
2025-08-04Ro KhannaBuy$54.71——
2025-07-25Ro KhannaBuy$60.73——
2025-07-10Ro KhannaSell$66.90——
2025-07-02Jon G DanielsSell$70.641,540$108,786

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

KMX shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns KMX

Institutional investors own 105.1% of CarMax's shares and insiders 0.47%. The largest holder is BlackRock Inc with 12.04% of the shares (17.1M), as of June 30, 2026. Among the top 20 institutions, 17 added shares and 3 reduced their stake in the latest filings. Short interest is 8.62% of the float, or 3.58 days of average trading volume. The share count fell 31.2% since 2014.

Related: KMX analyst forecast, KMX key metrics. See the KMX stock overview for the latest quote and news.

KMX ownership FAQ

Who owns the most CarMax stock?

The largest shareholders of CarMax are BlackRock Inc (12.04%), Vanguard Portfolio Management, LLC (5.13%), AQR Capital Management LLC (4.67%), Vanguard Capital Management, LLC (4.52%), SRS Investment Management, LLC (4.17%).

What percentage of CarMax is owned by institutions?

Institutions hold 105.1% of CarMax's shares outstanding; insiders hold 0.47%.

Which funds own CarMax?

The largest fund holders of CarMax are iShares Core S&P Small-Cap ETF (5.96%), Vanguard MStar Total Stk Mkt Idx Invest (3.17%), Vanguard Small Cap Index (2.25%), Janus Henderson Enterprise D (2.22%), Avantis US Small Cap Value ETF (1.90%).

What is CarMax's short interest?

10.8M shares of CarMax were sold short, 8.62% of the float; at the average daily volume it would take 3.58 days to cover.

Are insiders buying or selling CarMax?

Of the latest 9 reported insider transactions in CarMax (since July 2, 2025), 2 were purchases and 7 were sales.

How many shares of CarMax are outstanding?

CarMax has 141.9M shares outstanding, of which 141.1M are in the public float.

Auto & Truck Dealerships: ownership