Abrams Bison Investments’s CarMax KMX Stock Holding History

Abrams Bison Investments’s Portfolio KMX Stock Details KMX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-1,054,456	Closed	-$67.9M	–	5
2016 Q4	$67.9M	Hold	1,054,456	–	–	6.98%	5
2016 Q3	$56.3M	Sell	1,054,456 -1,033,544	-49%	-$58.6M	6.13%	5
2016 Q2	$102M	Sell	2,088,000 -770,787	-27%	-$39.6M	9.5%	4
2016 Q1	$146M	Buy	2,858,787 +686,131	+32%	+$32.4M	15.12%	3
2015 Q4	$117M	Buy	2,172,656 +368,325	+20%	+$21M	11.81%	4
2015 Q3	$107M	Sell	1,804,331 -905,451	-33%	-$56.7M	11.75%	4
2015 Q2	$179M	Sell	2,709,782 -539,892	-17%	-$38.5M	16.75%	2
2015 Q1	$224M	Hold	3,249,674	–	–	16.08%	2
2014 Q4	$216M	Buy	3,249,674 +649,674	+25%	+$36M	14.63%	3
2014 Q3	$121M	Buy	2,600,000 +1,641,581	+171%	+$84.1M	8.3%	8
2014 Q2	$49.8M	Buy	+958,419	New	+$43.5M	4.15%	8

Other funds holding KMX

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

RCG

Ruane, Cunniff & Goldfarb New York $6.03B AUM 12.06% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

ACM

AKRE Capital Management Middleburg, Virginia $6.13B AUM 15.27% 1-Year Est. Return

Abrams Bison Investments's KMX Position: Q1 2017 in Review

Abrams Bison Investments sold out of CarMax (KMX) in Q1 2017, closing a stake of 1,054,456 shares — an estimated $67.9M sold.

Abrams Bison Investments first reported a position in KMX in Q2 2014 and held it in 11 quarters. The position peaked at $224M in Q1 2015. 468 funds tracked by Wall St. Rank hold KMX as of Q1 2017.

Abrams Bison Investments reported no remaining CarMax position as of Q1 2017 after selling out during the quarter.
Abrams Bison Investments sold 1,054,456 CarMax shares in Q1 2017, an estimated $67.9M.
Abrams Bison Investments first reported a position in CarMax in Q2 2014 and held it in 11 quarters.
Abrams Bison Investments's CarMax position peaked at $224M in Q1 2015.
468 funds tracked by Wall St. Rank held CarMax as of Q1 2017.

Based on Abrams Bison Investments's 13F filing for Q1 2017, filed 15 May 2017.