KMX CARMAX INC

Ownership history in Rings Capital Management LLC  ·  18 quarters on record

AI Ownership Summary

Rings Capital Management LLC reported CARMAX INC (KMX) in 18 quarterly 13F filings from 2023 Q4 through 2025 Q4. Peak portfolio weight reached 22.62% in 2025 Q3. The latest visible filing shows KMX at 18.23% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this KMX ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Rings Capital Management LLC's position in CARMAX INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

KMX was reported at 18.23% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
22.62% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How Rings Capital Management LLC held KMX — position size vs. price
% of Fund (quarterly)    KMX price (quarter-end, indexed to 100)
📋 Quarterly Holdings History 9 quarters  
Quarter Action Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 REDUCED 949,000 -125,000 -11.6% 18.23% $36.7M 2026-02-14 (Est.) $41.43
2025 Q3 ADDED 1,074,000 +448,000 +71.6% 22.62% $48.2M 2025-11-14 $34.43
2025 Q2 ADDED 626,000 +117,500 +23.1% 20.35% $42.1M 2025-08-14 $58.14
2025 Q1 ADDED 508,500 +6,710 +1.3% 20.19% $39.6M 2025-05-15 $67.90
2024 Q4 ADDED 501,790 +23,790 +5.0% 21.43% $41.0M 2025-02-14 $88.90
2024 Q3 ADDED 478,000 +8,000 +1.7% 19.28% $37.0M 2024-11-14 $78.21
2024 Q2 ADDED 470,000 +10,000 +2.2% 18.03% $34.5M 2024-08-14 $77.45
2024 Q1 UNCHANGED 460,000 0% 21.91% $40.1M 2024-05-15 $74.35
2023 Q4 ADDED 460,000 +285,000 +162.9% 21.42% $35.3M 2024-02-14 $72.76
9 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

FAQ About Rings Capital Management LLC and KMX

These are the practical questions this page is built to answer before you even open the full history table.

How long has Rings Capital Management LLC reported owning KMX?

Rings Capital Management LLC reported KMX across 9 quarterly 13F filings, from 2023 Q4 through 2025 Q4.

What was the largest reported KMX position in Rings Capital Management LLC's portfolio?

The largest reported portfolio weight for KMX was 22.62% in 2025 Q3.

What is the latest reported KMX position on this page?

The most recent filing on this page is 2025 Q4, when Rings Capital Management LLC reported 949,000 shares, equal to 18.23% of portfolio, with an estimated market value of $36.7M.

What does the chart on this KMX ownership page compare?

The chart compares Rings Capital Management LLC's quarterly KMX portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

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