PRIMECAP Management acquired 5.52 Million Carmax shares worth $411 Million. That's 0.30% of their equity portfolio (66th largest holding). The investor owns 3.67% of the outstanding Carmax stock. The first Carmax trade was made in Q1 2013. Since then PRIMECAP Management bought shares four more times and sold shares on 40 occasions. The stake costed the investor $238 Million, netting the investor a gain of 72% so far.
Alphyn Capital Management, an investment management firm, released its third-quarter 2023 investor letter. The same can be downloaded here. The Master Accoun...
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