CarMax, Inc.
US ˙ NYSE ˙ US1431301027

SecurityKMX / CarMax, Inc.
InstitutionSheets Smith Wealth Management
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Sheets Smith Wealth Management closes position in KMX / CarMax, Inc.

On January 20, 2026 - Sheets Smith Wealth Management filed a 13F-HR form disclosing ownership of 0 shares of CarMax, Inc. (US:KMX) valued at $0 USD as of December 31, 2025. The entity filed a previous 13F-HR on October 16, 2025 disclosing 13,200 shares of CarMax, Inc.. The current value of the position is $0 USD.

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.

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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)
2026-01-20 2025-12-31 13F CARMAX COM 143130102 0 -100.00 0
2025-10-16 2025-09-30 13F CARMAX COM 143130102 13,200 -20,000 -60.24 592 -73.46 0.0670
2025-07-15 2025-06-30 13F CARMAX COM 143130102 33,200 0 0.00 2,231 -13.73 0.2611
2025-04-23 2025-03-31 13F CARMAX COM 143130102 33,200 0 0.00 2,587 -4.72 0.3214
2025-01-17 2024-12-31 13F CARMAX COM 143130102 33,200 0 0.00 2,714 5.64 0.3313
2024-11-01 2024-09-30 13F CARMAX COM 143130102 33,200 0 0.00 2,569 5.55 0.3142
2024-07-30 2024-06-30 13F CARMAX COM 143130102 33,200 0 0.00 2,435 -15.84 0.2911
2024-05-08 2024-03-31 13F CARMAX COM 143130102 33,200 0 0.00 2,892 13.55 0.3238
2024-02-06 2023-12-31 13F CARMAX COM 143130102 33,200 0 0.00 2,548 8.48 0.3625
2023-10-23 2023-09-30 13F CARMAX COM 143130102 33,200 0 0.00 2,348 -15.48 0.3576
2023-08-09 2023-06-30 13F CARMAX COM 143130102 33,200 0 0.00 2,779 30.18 0.4062
2023-05-26 2023-03-31 13F/A-1 CARMAX COM 143130102 33,200 0 0.00 2,134 5.59 0.3261
2023-05-12 2023-03-31 13F CARMAX COM 143130102 64 -33,136 2,134 0.3267
2023-03-08 2022-12-31 13F CARMAX COM 143130102 33,200 -7,000 -17.41 2,022 -23.85 0.3164
2022-11-01 2022-09-30 13F CARMAX COM 143130102 40,200 1,000 2.55 2,654 -25.18 0.4431
2022-07-27 2022-06-30 13F CARMAX COM 143130102 39,200 0 0.00 3,547 -6.21 0.5838
2022-05-02 2022-03-31 13F CARMAX COM 143130102 39,200 -1,000 -2.49 3,782 -27.76 0.5214
2022-01-20 2021-12-31 13F CARMAX COM 143130102 40,200 2,000 5.24 5,235 7.10 0.6497
2021-10-15 2021-09-30 13F CARMAX COM 143130102 38,200 -1,000 -2.55 4,888 -3.46 0.6632
2021-08-03 2021-06-30 13F CARMAX COM 143130102 39,200 0 0.00 5,063 -2.63 0.6823
2021-04-23 2021-03-31 13F CARMAX COM 143130102 39,200 0 0.00 5,200 40.43 0.7650
2021-01-13 2020-12-31 13F CARMAX COM 143130102 39,200 0 0.00 3,703 2.78 0.5598
2020-10-26 2020-09-30 13F CARMAX COM 143130102 39,200 0 0.00 3,603 2.65 0.6267
2020-07-17 2020-06-30 13F CARMAX COM 143130102 39,200 0 0.00 3,510 66.35 0.7023
2020-04-28 2020-03-31 13F CARMAX COM 143130102 39,200 0 0.00 2,110 -38.61 0.4420
2020-01-24 2019-12-31 13F CARMAX COM 143130102 39,200 0 0.00 3,437 -0.38 0.6568
2019-10-28 2019-09-30 13F CARMAX COM 143130102 39,200 0 0.00 3,450 1.35 0.7094
2019-07-12 2019-06-30 13F CARMAX COM 143130102 39,200 0 0.00 3,404 24.42 0.6988
2019-05-13 2019-03-31 13F CARMAX COM 143130102 39,200 -12,000 -23.44 2,736 -14.82 0.5923
2019-01-11 2018-12-31 13F CARMAX COM 143130102 51,200 0 0.00 3,212 -15.98 0.8654
2018-10-15 2018-09-30 13F CARMAX COM 143130102 51,200 0 0.00 3,823 2.47 0.7911
2018-07-26 2018-06-30 13F CARMAX COM 143130102 51,200 0 0.00 3,731 17.66 0.8732
2018-04-09 2018-03-31 13F CARMAX COM 143130102 51,200 0 0.00 3,171 -3.41 0.7619
2018-01-12 2017-12-31 13F Carmax COM 143130102 51,200 0 0.00 3,283 -15.41 0.7739
2017-10-12 2017-09-30 13F Carmax COM 143130102 51,200 0 0.00 3,881 20.19 0.9788
2017-07-19 2017-06-30 13F CARMAX COM 143130102 51,200 0 0.00 3,229 6.50 0.8532
2017-04-10 2017-03-31 13F CARMAX COM 143130102 51,200 0 0.00 3,032 -8.04 0.8051
2017-02-03 2016-12-31 13F CARMAX COM 143130102 51,200 0 0.00 3,297 20.68 0.9253
2016-11-18 2016-09-30 13F CARMAX COM 143130102 51,200 500 0.99 2,732 9.90 0.7704
2016-08-15 2016-06-30 13F CARMAX COM 143130102 50,700 12,700 33.42 2,486 28.01 0.7223
2016-05-13 2016-03-31 13F CARMAX COM 143130102 38,000 1,000 2.70 1,942 -2.75 0.5971
2016-02-01 2015-12-31 13F CARMAX COM 143130102 37,000 37,000 1,997 0.6039
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.