Joel Greenblatt's KMX Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 426,342 shares of CarMax, Inc. (KMX) worth $16.47 M, representing 0.06% of the portfolio. First purchased in 2015-Q2, this long-term strategic position has been held for 35 quarters.
Based on 13F filings, Joel Greenblatt has maintained a strategic position in KMX, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2025, adding 322,340 shares. Largest reduction occurred in Q4 2017, reducing 139,675 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's CarMax (KMX) Holding Value Over Time
Track share changes against reported price movement
Quarterly CarMax (KMX) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +322,340 | Add 309.94% | 426,342 | $38.64 |
| Q3 2025 | -37,844 | Reduce 26.68% | 104,002 | $44.87 |
| Q2 2025 | -18,446 | Reduce 11.51% | 141,846 | $67.21 |
| Q1 2025 | +41,385 | Add 34.80% | 160,292 | $77.92 |
| Q4 2024 | +951 | Add 0.81% | 118,907 | $81.76 |
| Q3 2024 | +13,689 | Add 13.13% | 117,956 | $77.38 |
| Q2 2024 | +29,324 | Add 39.13% | 104,267 | $73.34 |
| Q1 2024 | +6,237 | Add 9.08% | 74,943 | $87.11 |
| Q4 2023 | -3,761 | Reduce 5.19% | 68,706 | $76.74 |
| Q3 2023 | -12,249 | Reduce 14.46% | 72,467 | $70.73 |
| Q2 2023 | -17,131 | Reduce 16.82% | 84,716 | $83.70 |
| Q1 2023 | +57,152 | Add 127.87% | 101,847 | $64.28 |
| Q4 2022 | +39,708 | Add 796.23% | 44,695 | $60.89 |
| Q3 2022 | -11,166 | Reduce 69.13% | 4,987 | $65.97 |
| Q2 2022 | +10,845 | Add 204.31% | 16,153 | $90.51 |
| Q1 2022 | +1,491 | Add 39.06% | 5,308 | $96.46 |
| Q4 2021 | +1,906 | Add 99.74% | 3,817 | $130.21 |
| Q3 2021 | +1,911 | New Buy | 1,911 | $128.21 |
| Q4 2020 | -5,473 | Sold Out | 0 | $0.00 |
| Q3 2020 | -11,938 | Reduce 68.57% | 5,473 | $91.91 |
| Q2 2020 | +17,411 | New Buy | 17,411 | $89.54 |
| Q2 2019 | -9,520 | Sold Out | 0 | $0.00 |
| Q1 2019 | +778 | Add 8.90% | 9,520 | $69.75 |
| Q4 2018 | -123,795 | Reduce 93.40% | 8,742 | $62.69 |
| Q3 2018 | +96,046 | Add 263.20% | 132,537 | $74.67 |
| Q2 2018 | +36,491 | New Buy | 36,491 | $72.87 |
| Q1 2018 | -77,154 | Sold Out | 0 | $0.00 |
| Q4 2017 | -139,675 | Reduce 64.42% | 77,154 | $64.13 |
| Q3 2017 | +141,801 | Add 189.00% | 216,829 | $75.81 |
| Q2 2017 | +75,028 | New Buy | 75,028 | $63.06 |
| Q4 2016 | -111,639 | Sold Out | 0 | $0.00 |
| Q3 2016 | -126,765 | Reduce 53.17% | 111,639 | $53.35 |
| Q2 2016 | +238,404 | New Buy | 238,404 | $49.03 |
| Q3 2015 | -53,418 | Sold Out | 0 | $0.00 |
| Q2 2015 | +53,418 | New Buy | 53,418 | $66.21 |
Joel Greenblatt's CarMax Investment FAQs
Joel Greenblatt first purchased CarMax, Inc. (KMX) in Q2 2015, acquiring 53,418 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held CarMax, Inc. (KMX) for 35 quarters since Q2 2015.
Joel Greenblatt's largest addition to CarMax, Inc. (KMX) was in Q4 2025, adding 426,342 shares worth $16.47 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 426,342 shares of CarMax, Inc. (KMX), valued at approximately $16.47 M.
As of the Q4 2025 filing, CarMax, Inc. (KMX) represents approximately 0.06% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in CarMax, Inc. (KMX) was 426,342 shares, as reported at the end of Q4 2025.