PRIMECAP Management acquired 5.59 Million Carmax shares worth $380 Million. That's 0.29% of their equity portfolio (69th largest holding). The investor owns 3.49% 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 39 occasions. The stake costed the investor $241 Million, netting the investor a gain of 58% 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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