CarMax, Inc.
MX ˙ BMV ˙ US1431301027
SecurityMX:KMX / CarMax, Inc.
InstitutionCommonwealth Equity Services, Llc
Latest Disclosed Ownership23,403 shares
Latest Disclosed Value $ 904,294
Commonwealth Equity Services, Llc reports 0.89% increase in ownership of KMX / CarMax, Inc.

On February 12, 2026 - Commonwealth Equity Services, Llc filed a 13F-HR form disclosing ownership of 23,403 shares of CarMax, Inc. (MX:KMX) valued at $904,294 USD as of December 31, 2025. The entity filed a previous 13F-HR on October 22, 2025 disclosing 23,197 shares of CarMax, Inc.. This represents a change in shares of 0.89% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-12 2025-12-31 13F CARMAX COM 143130102 23,403 206 0.89 904 90,300.00 0.0012
2025-10-22 2025-09-30 13F CARMAX COM 143130102 23,197 2,722 13.29 1 0.00 0.0013
2025-08-06 2025-06-30 13F CARMAX COM 143130102 20,475 1,415 7.42 1 0.00 0.0018
2025-05-09 2025-03-31 13F CARMAX COM 143130102 19,060 609 3.30 1 0.00 0.0021
2025-02-10 2024-12-31 13F CARMAX COM 143130102 18,451 -612 -3.21 2 0.00 0.0022
2024-10-18 2024-09-30 13F CARMAX COM 143130102 19,063 144 0.76 1 0.00 0.0022
2024-07-31 2024-06-30 13F CARMAX COM 143130102 18,919 -1,431 -7.03 1 0.00 0.0022
2024-04-29 2024-03-31 13F CARMAX COM 143130102 20,350 -1,113 -5.19 2 0.00 0.0029
2024-02-06 2023-12-31 13F CARMAX COM 143130102 21,463 -1,972 -8.41 2 0.00 0.0030
2023-10-23 2023-09-30 13F CARMAX COM 143130102 23,435 -19,387 -45.27 2 -66.67 0.0034
2023-08-10 2023-06-30 13F CARMAX COM 143130102 42,822 6,830 18.98 4 50.00 0.0073
2023-05-11 2023-03-31 13F CARMAX COM 143130102 35,992 10,545 41.44 2 100.00 0.0049
2023-02-07 2022-12-31 13F CARMAX COM 143130102 25,447 -5,232 -17.05 2 -99.95 0.0037
2022-11-14 2022-09-30 13F CARMAX COM 143130102 30,679 -3,404 -9.99 2,025 -34.32 0.0052
2022-07-19 2022-06-30 13F CARMAX COM 143130102 34,083 4,623 15.69 3,083 8.48 0.0080
2022-05-04 2022-03-31 13F CARMAX COM 143130102 29,460 3,882 15.18 2,842 -14.68 0.0065
2022-01-31 2021-12-31 13F CARMAX COM 143130102 25,578 2,067 8.79 3,331 10.74 0.0075
2021-10-29 2021-09-30 13F CARMAX COM 143130102 23,511 -1,365 -5.49 3,008 -6.35 0.0076
2021-08-11 2021-06-30 13F CARMAX COM 143130102 24,876 4,021 19.28 3,212 16.12 0.0082
2021-05-04 2021-03-31 13F CARMAX COM 143130102 20,855 -1,968 -8.62 2,766 28.35 0.0078
2021-02-11 2020-12-31 13F CARMAX COM 143130102 22,823 1,787 8.49 2,155 11.48 0.0065
2020-11-05 2020-09-30 13F CARMAX COM 143130102 21,036 3,854 22.43 1,933 25.68 0.0066
2020-08-12 2020-06-30 13F CARMAX COM 143130102 17,182 579 3.49 1,538 72.23 0.0058
2020-05-11 2020-03-31 13F CARMAX COM 143130102 16,603 -640 -3.71 893 -40.90 0.0042
2020-02-05 2019-12-31 13F CARMAX COM 143130102 17,243 1,084 6.71 1,511 6.33 0.0057
2019-10-30 2019-09-30 13F CARMAX COM 143130102 16,159 -588 -3.51 1,421 -2.27 0.0061
2019-07-19 2019-06-30 13F CARMAX COM 143130102 16,747 1,425 9.30 1,454 36.01 0.0064
2019-05-13 2019-03-31 13F CARMAX COM 143130102 15,322 782 5.38 1,069 17.21 0.0049
2019-02-11 2018-12-31 13F CARMAX COM 143130102 14,540 508 3.62 912 -12.89 0.0048
2018-11-06 2018-09-30 13F CARMAX COM 143130102 14,032 -6,910 -33.00 1,047 -31.39 0.0050
2018-07-31 2018-06-30 13F CARMAX COM 143130102 20,942 7,365 54.25 1,526 81.67 0.0080
2018-05-14 2018-03-31 13F CARMAX COM 143130102 13,577 72 0.53 840 -3.00 0.0046
2018-02-12 2017-12-31 13F CARMAX COM 143130102 13,505 13,505 866 0.0047
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.