First Pacific Advisors's KMX Position Overview
First Pacific Advisors (via First Pacific Advisors, Lp) currently holds 2.48 M shares of CarMax, Inc. (KMX) worth $111.34 M, representing 1.54% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 25 quarters.
Based on 13F filings, First Pacific Advisors has maintained a strategic position in KMX, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2022, adding 1.44 M shares. Largest reduction occurred in Q4 2015, reducing 759,900 shares.
Analysis based on 13F filings available since 2013 Q2
First Pacific Advisors's CarMax (KMX) Holding Value Over Time
Track share changes against reported price movement
Quarterly CarMax (KMX) Trades by First Pacific Advisors
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +1.67 M | Add 0.00% | 1.67 M | $46.16 |
| Q3 2013 | -432,700 | Reduce 25.93% | 1.24 M | $48.47 |
| Q4 2013 | -12,100 | Reduce 0.98% | 1.22 M | $47.02 |
| Q1 2014 | -19,500 | Reduce 1.59% | 1.2 M | $46.80 |
| Q1 2015 | -29,100 | Reduce 2.42% | 1.18 M | $69.01 |
| Q2 2015 | -300 | Reduce 0.03% | 1.18 M | $66.21 |
| Q3 2015 | -415,200 | Reduce 35.33% | 759,900 | $59.32 |
| Q4 2015 | -759,900 | Sold Out | 0 | $0.00 |
| Q2 2022 | +1.44 M | New Buy | 1.44 M | $90.48 |
| Q3 2022 | +503,035 | Add 34.89% | 1.94 M | $66.02 |
| Q4 2022 | +424,278 | Add 21.81% | 2.37 M | $60.89 |
| Q1 2023 | -923 | Reduce 0.04% | 2.37 M | $64.28 |
| Q2 2023 | -42,640 | Reduce 1.80% | 2.33 M | $83.70 |
| Q3 2023 | -22,194 | Reduce 0.95% | 2.3 M | $70.73 |
| Q4 2023 | +28,095 | Add 1.22% | 2.33 M | $76.74 |
| Q1 2024 | +7,481 | Add 0.32% | 2.34 M | $87.11 |
| Q2 2024 | +47,184 | Add 2.02% | 2.39 M | $73.34 |
| Q3 2024 | -2,635 | Reduce 0.11% | 2.38 M | $77.38 |
| Q4 2024 | +13,487 | Add 0.57% | 2.4 M | $81.76 |
| Q1 2025 | +18,912 | Add 0.79% | 2.42 M | $77.92 |
| Q2 2025 | +15,270 | Add 0.63% | 2.43 M | $67.21 |
| Q3 2025 | +50,217 | Add 2.07% | 2.48 M | $44.87 |
First Pacific Advisors's CarMax Investment FAQs
First Pacific Advisors first purchased CarMax, Inc. (KMX) in Q2 2013, acquiring 1,668,800 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
First Pacific Advisors has held CarMax, Inc. (KMX) for 25 quarters since Q2 2013.
First Pacific Advisors's largest addition to CarMax, Inc. (KMX) was in Q2 2013, adding 1,668,800 shares worth $77.03 M.
According to the latest 13F filing for Q3 2025, First Pacific Advisors's firm, First Pacific Advisors, Lp, owns 2,481,461 shares of CarMax, Inc. (KMX), valued at approximately $111.34 M.
As of the Q3 2025 filing, CarMax, Inc. (KMX) represents approximately 1.54% of First Pacific Advisors's publicly disclosed stock portfolio, making it one of their key holdings.
First Pacific Advisors's peak holding in CarMax, Inc. (KMX) was 2,481,461 shares, as reported at the end of Q3 2025.