KMX
Carmax Inc
6 super-investors hold KMX worth a combined $269M. The largest position: Hillman Capital Management at 3.2% of their portfolio. This quarter the cohort logged 0 buys and 1 sell on the name. Cohort Conviction Score: 31 — ranked #363 of 724 scored stocks. Conviction easing: 1 fewer super-investor hold it than in 2025Q4.
Why super-investors own KMX
Interest in KMX within this cohort has nearly collapsed over the past two years, falling from five owners to just one before recovering marginally to six — though the trajectory of that recovery is already reversing. Vulcan Value Partners is the largest holder by dollar value at $92M but trimmed its position in 2026Q1, and no manager added or initiated a stake this quarter. First Pacific Advisors holds the biggest absolute position at $124M, while Hillman Capital Management carries the highest concentration at 3.2%. The remaining owners — John Rogers, Thomas Gayner, and Joel Greenblatt — hold negligible allocations. With one trim, no additions, and a long-run decline in cohort participation, super-investor interest in KMX appears to be fading rather than building.
AI-synthesized from 13F filings. Not investment advice.
Cohort owners over time
2016Q2 → 2026Q1How many of the cohort members held this stock each quarter.
Owners (6) · click any column to sort
| #↑ | Manager | % Port. | History | Value | Shares |
|---|---|---|---|---|---|
| 1 | First Pacific Advisors | 1.7% | 16q | $124M | 2,981,709 |
| 2 | Vulcan Value Partners | 2.4% | 9q | $92M | 2,204,876 |
| 3 | John Rogers | 0.3% | 29q | $23M | 561,947 |
| 4 | Joel Greenblatt | <0.1% | 36q | $20M | 485,088 |
| 5 | Thomas Gayner | <0.1% | 30q | $6M | 136,500 |
| 6 | Hillman Capital Management | 3.2% | 16q | $5M | 109,181 |
- 1First Pacific Advisorsport1.7%val$124M2,981,709 sh·16q held
- 2Vulcan Value Partnersport2.4%val$92M2,204,876 sh·9q held
- 3John Rogersport0.3%val$23M561,947 sh·29q held
- 4Joel Greenblattport<0.1%val$20M485,088 sh·36q held
- 5Thomas Gaynerport<0.1%val$6M136,500 sh·30q held
- 6Hillman Capital Managementport3.2%val$5M109,181 sh·16q held
Owners of KMX also hold
Recent activity (1)
| Manager | Move | % Port. | Δ Shares | Value | Filed |
|---|---|---|---|---|---|
| Vulcan Value Partners | TRIM | 2.4% | -25% | $92M | May 11, 2026 |
Long US equity 13F-HR filings only. CUSIP 143130102. Not investment advice.