Neuberger Berman Group LLC reports 18.09% increase in ownership of KMX / CarMax, Inc.

CarMax, Inc.

US ˙ NYSE ˙ US1431301027

Security	KMX / CarMax, Inc.
Institution	Neuberger Berman Group LLC
Latest Disclosed Ownership	19,092 shares
Latest Disclosed Value	$ 793,845

On May 14, 2026 - Neuberger Berman Group LLC filed a 13F-HR form disclosing ownership of 19,092 shares of CarMax, Inc. (US:KMX) valued at $793,845 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 16,168 shares of CarMax, Inc.. This represents a change in shares of 18.09% during the quarter. The current value of the position is $878,805 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	Reported Shares	ΔShares	ΔShares (%)	Reported Value (x1000)	ΔValue (%)	Alloc (%)
2026-05-14	2026-03-31	13F	CARMAX	Common	143130102	19,092	2,924	18.09	794	27.08	0.0003
2026-02-13	2025-12-31	13F	CARMAX	Common	143130102	16,168	-50,162	-75.62	625	-79.03	0.0005
2025-11-12	2025-09-30	13F	CARMAX	Common	143130102	66,330	-12,328	-15.67	2,976	-43.70	0.0022
2025-08-25	2025-06-30	13F/A-1	CARMAX	Common	143130102	78,658	-15	-0.02	5,287	-13.77	0.0041
2025-08-13	2025-06-30	13F	CARMAX	Common	143130102	78,658	-15		5,287		0.0021
2025-05-13	2025-03-31	13F	CARMAX	Common	143130102	78,673	511	0.65	6,130	-4.07	0.0051
2025-02-13	2024-12-31	13F	CARMAX	Common	143130102	78,162	-8,997	-10.32	6,391	-5.25	0.0051
2024-11-14	2024-09-30	13F	CARMAX	Common	143130102	87,159	-226,358	-72.20	6,744	-70.67	0.0053
2024-11-14	2024-06-30	13F/A-1	CARMAX	Common	143130102	313,517	-49,564	-13.65	22,993	-27.30	0.0189
2024-08-13	2024-06-30	13F	CARMAX	Common	143130102	313,517	-49,564		22,993		0.0189
2024-11-14	2024-03-31	13F/A-1	CARMAX	Common	143130102	363,081	-15,502	-4.09	31,628	8.86	0.0261
2024-05-13	2024-03-31	13F	CARMAX	Common	143130102	363,081	-15,502		31,628		0.0261
2024-11-14	2023-12-31	13F/A-2	CARMAX	Common	143130102	378,583	-19,873	-4.99	29,052	3.09	0.0253
2024-02-09	2023-12-31	13F	CARMAX	Common	143130102	378,583	-19,873		29,052		0.0253
2023-11-14	2023-09-30	13F	CARMAX	Common	143130102	398,456	-5,082	-1.26	28,183	-16.56	0.0257
2023-08-11	2023-06-30	13F	CARMAX	Common	143130102	403,538	-19,890	-4.70	33,776	24.10	0.0302
2023-05-12	2023-03-31	13F	CARMAX	Common	143130102	423,428	6,663	1.60	27,218	7.25	0.0252
2023-02-13	2022-12-31	13F	CARMAX	Common	143130102	416,765	-22,981	-5.23	25,377	-12.59	0.0249
2022-11-15	2022-09-30	13F	CARMAX	Common	143130102	439,746	-7,232	-1.62	29,032	-28.21	0.0303
2022-08-15	2022-06-30	13F	CARMAX	Common	143130102	446,978	-210,496	-32.02	40,442	-36.24	0.0406
2022-05-23	2022-03-31	13F/A-1	CARMAX	Common	143130102	657,474	69,848	11.89	63,433	-16.91	0.0537
2022-05-13	2022-03-31	13F	CARMAX	Common	143130102	657,474	69,848		63,284		0.0282
2022-02-11	2021-12-31	13F	CARMAX	Common	143130102	587,626	-37,963	-6.07	76,347	-4.42	0.0599
2021-11-12	2021-09-30	13F	CARMAX	Common	143130102	625,589	1,341	0.21	79,881	-0.80	0.0698
2021-08-13	2021-06-30	13F	CARMAX	Common	143130102	624,248	708	0.11	80,526	-2.54	0.0703
2021-05-13	2021-03-31	13F	CARMAX	Common	143130102	623,540	-18,288	-2.85	82,623	36.35	0.0789
2021-02-10	2020-12-31	13F	CARMAX	Common	143130102	641,828	4,378	0.69	60,596	3.46	0.0628
2020-11-12	2020-09-30	13F	CARMAX	Common	143130102	637,450	45,694	7.72	58,569	10.56	0.0695
2020-08-13	2020-06-30	13F	CARMAX	Common	143130102	591,756	104,245	21.38	52,975	101.87	0.0659
2020-05-14	2020-03-31	13F	CARMAX	Common	143130102	487,511	2,027	0.42	26,242	-38.34	0.0400
2020-02-12	2019-12-31	13F	CARMAX	Common	143130102	485,484	-18,613	-3.69	42,562	-4.05	0.0497
2019-11-13	2019-09-30	13F	CARMAX	Common	143130102	504,097	-33,409	-6.22	44,360	-4.95	0.0542
2019-08-13	2019-06-30	13F	CARMAX	Common	143130102	537,506	-7,534	-1.38	46,671	22.68	0.0558
2019-05-13	2019-03-31	13F	CARMAX	Common	143130102	545,040	172,369	46.25	38,043	62.73	0.0466
2019-02-12	2018-12-31	13F	CARMAX	Common	143130102	372,671	43,769	13.31	23,378	-4.81	0.0326
2018-11-16	2018-09-30	13F/A-1	CARMAX	Common	143130102	328,902	-28,265	-7.91	24,559	-5.64	0.0278
2018-11-13	2018-09-30	13F	CARMAX	Common	143130102	328,902	-28,265		24,559
2018-08-13	2018-06-30	13F	CARMAX	Common	143130102	357,167	47,776	15.44	26,027	35.82	0.0287
2018-05-08	2018-03-31	13F	CARMAX	Common	143130102	309,391	4,603	1.51	19,163	-1.96	0.0219
2018-02-14	2017-12-31	13F	CARMAX	Common	143130102	304,788	6,934	2.33	19,546	-13.44	0.0225
2017-11-15	2017-09-30	13F	CARMAX	COMMON STOCK	143130102	297,854	-11,663	-3.77	22,580	15.69	0.0282
2017-08-08	2017-06-30	13F	CARMAX	COMMON STOCK	143130102	309,517	87,590	39.47	19,518	48.50	0.0251
2017-05-10	2017-03-31	13F	CARMAX	COMMON STOCK	143130102	221,927	-41,520	-15.76	13,143	-22.52	0.0170
2017-02-06	2016-12-31	13F	CARMAX	COMMON STOCK	143130102	263,447	42,557	19.27	16,963	43.95	0.0228
2016-11-02	2016-09-30	13F	CARMAX	COMMON STOCK	143130102	220,890	-9,716	-4.21	11,784	4.22	0.0160
2016-08-05	2016-06-30	13F	CARMAX	COMMON STOCK	143130102	230,606	5,839	2.60	11,307	-1.56	0.0156
2016-05-06	2016-03-31	13F	CARMAX	COMMON STOCK	143130102	224,767	82,507	58.00	11,486	49.62	0.0158
2016-01-28	2015-12-31	13F	CARMAX	COMMON STOCK	143130102	142,260	79,600	127.03	7,677	106.54	0.0101
2015-11-10	2015-09-30	13F	CARMAX	COMMON STOCK	143130102	62,660	-91,528	-59.36	3,717	-63.59	0.0048
2015-07-31	2015-06-30	13F	CARMAX	COMMON STOCK	143130102	154,188	37,927	32.62	10,209	27.25	0.0114
2015-05-06	2015-03-31	13F	CARMAX	COMMON STOCK	143130102	116,261	116,261	0.00	8,023		0.0086
2015-02-05	2014-12-31	13F	CARMAX	COMMON STOCK	143130102	0	-66,266	-100.00	0	-100.00
2014-11-04	2014-09-30	13F	CARMAX	COMMON STOCK	143130102	66,266	139	0.21	3,078	-10.50	0.0032
2014-08-05	2014-06-30	13F	CARMAX	COMMON STOCK	143130102	66,127	1,675	2.60	3,439	14.03	0.0034
2014-05-05	2014-03-31	13F	CARMAX	COMMON STOCK	143130102	64,452	-344	-0.53	3,016	-1.02	0.0031
2014-02-11	2013-12-31	13F	CARMAX	COMMON STOCK	143130102	64,796	469	0.73	3,047	-2.28	0.0031
2013-10-29	2013-09-30	13F/A-1	CARMAX	COMMON STOCK	143130102	64,327	13,062	25.48	3,118	31.78	0.0035
2013-08-13	2013-06-30	13F	CARMAX	COMMON STOCK	143130102	51,265	51,265		2,366		0.0028

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.