Wallace Weitz's KMX Position Overview
Wallace Weitz (via Weitz Investment Management, Inc.) currently holds 649.4K shares of CarMax, Inc. (KMX) worth $29.14 M, representing 1.58% of the portfolio. First purchased in 2018-Q1, this long-term strategic position has been held for 31 quarters.
Based on 13F filings, Wallace Weitz has maintained a strategic position in KMX, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2019, adding 251.9K shares. Largest reduction occurred in Q2 2019, reducing 204.4K shares.
Analysis based on 13F filings available since 2013 Q2
Wallace Weitz's CarMax (KMX) Holding Value Over Time
Track share changes against reported price movement
Quarterly CarMax (KMX) Trades by Wallace Weitz
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2018 | +404,735 | New Buy | 404,735 | $61.94 |
| Q2 2018 | +188,415 | Add 46.55% | 593,150 | $72.87 |
| Q3 2018 | +58,720 | Add 9.90% | 651,870 | $74.67 |
| Q4 2018 | +219,804 | Add 33.72% | 871,674 | $62.73 |
| Q1 2019 | +251,926 | Add 28.90% | 1.12 M | $69.80 |
| Q2 2019 | -204,350 | Reduce 18.19% | 919,250 | $86.83 |
| Q3 2019 | -106,700 | Reduce 11.61% | 812,550 | $88.00 |
| Q4 2019 | -136,200 | Reduce 16.76% | 676,350 | $87.67 |
| Q1 2020 | +10,050 | Add 1.49% | 686,400 | $53.83 |
| Q2 2020 | -36,400 | Reduce 5.30% | 650,000 | $89.55 |
| Q3 2020 | -15,000 | Reduce 2.31% | 635,000 | $91.91 |
| Q4 2020 | +90,156 | Add 14.20% | 725,156 | $94.46 |
| Q1 2021 | -155,456 | Reduce 21.44% | 569,700 | $132.66 |
| Q2 2021 | -15,000 | Reduce 2.63% | 554,700 | $129.15 |
| Q3 2021 | -10,000 | Reduce 1.80% | 544,700 | $127.96 |
| Q4 2021 | +30,300 | Add 5.56% | 575,000 | $130.23 |
| Q1 2022 | +144,800 | Add 25.18% | 719,800 | $96.48 |
| Q2 2022 | +65,500 | Add 9.10% | 785,300 | $90.48 |
| Q3 2022 | +10,000 | Add 1.27% | 795,300 | $66.02 |
| Q4 2022 | +45,200 | Add 5.68% | 840,500 | $60.89 |
| Q1 2023 | -44,503 | Reduce 5.29% | 795,997 | $64.28 |
| Q2 2023 | -36,497 | Reduce 4.59% | 759,500 | $83.70 |
| Q3 2023 | -40,000 | Reduce 5.27% | 719,500 | $70.73 |
| Q4 2023 | +30,000 | Add 4.17% | 749,500 | $76.74 |
| Q2 2024 | +115,700 | Add 15.44% | 865,200 | $73.34 |
| Q3 2024 | -20,000 | Reduce 2.31% | 845,200 | $77.38 |
| Q4 2024 | -20,000 | Reduce 2.37% | 825,200 | $81.76 |
| Q1 2025 | -20,000 | Reduce 2.42% | 805,200 | $77.92 |
| Q2 2025 | -155,800 | Reduce 19.35% | 649,400 | $67.21 |
Wallace Weitz's CarMax Investment FAQs
Wallace Weitz first purchased CarMax, Inc. (KMX) in Q1 2018, acquiring 404,735 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Wallace Weitz has held CarMax, Inc. (KMX) for 31 quarters since Q1 2018. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Wallace Weitz's largest addition to CarMax, Inc. (KMX) was in Q1 2018, adding 404,735 shares worth $25.07 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Wallace Weitz's firm, Weitz Investment Management, Inc., owns 649,400 shares of CarMax, Inc. (KMX), valued at approximately $29.14 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, CarMax, Inc. (KMX) represents approximately 1.58% of Wallace Weitz's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Wallace Weitz's peak holding in CarMax, Inc. (KMX) was 1,123,600 shares, as reported at the end of Q1 2019. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.