BIGLARI CAPITAL CORP.: CARMAX INC (KMX): Quarterly 13F Position History
As of Q1 2026, BIGLARI CAPITAL CORP. reported 125,420 shares of CARMAX INC (KMX), worth $5.2M and representing 0.6% of its 13F equity book. The position first appeared in Q3 2022 and has been disclosed across 15 13F-HR filings in Pactolio's tracked window.
- 125,420Shares Held (Latest Filing)
- $5.2MReported Market Value (Latest Filing)
- 0.6%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$368.7KQuarter-over-Quarter Value Change
- 175,420Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 15 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 125,420 | 0 | — | $5.2M | 0.6% | $41.6 |
| Q4 2025 | 125,420 | 0 | — | $4.8M | 0.5% | $38.6 |
| Q3 2025 | 125,420 | 0 | — | $5.6M | 0.6% | $44.9 |
| Q2 2025 | 125,420 | 0 | — | $8.4M | 1.0% | $67.2 |
| Q1 2025 | 125,420 | 0 | — | $9.8M | 1.4% | $77.9 |
| Q4 2024 | 125,420 | 0 | — | $10.3M | 1.2% | $81.8 |
| Q3 2024 | 125,420 | 0 | — | $9.7M | 1.5% | $77.4 |
| Q2 2024 | 125,420 | 50,000 | -28.5% | $9.2M | 1.4% | $73.3 |
| Q1 2024 | 175,420 | +87,200 | +98.8% | $15.3M | 2.0% | $87.1 |
| Q4 2023 | 88,220 | 0 | — | $6.8M | 1.0% | $76.7 |
| Q3 2023 | 88,220 | 0 | — | $6.2M | 1.0% | $70.7 |
| Q2 2023 | 88,220 | 0 | — | $7.4M | 1.0% | $83.7 |
| Q1 2023 | 88,220 | 0 | — | $5.7M | 0.8% | $64.3 |
| Q4 2022 | 88,220 | +60,220 | +215.1% | $5.4M | 0.9% | $60.9 |
| Q3 2022 | 28,000 | — | — | $1.8M | 0.4% | $66.0 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did BIGLARI CAPITAL CORP. first disclose a KMX position in 13F-HR filings?
BIGLARI CAPITAL CORP. first reported CARMAX INC (KMX) on its 13F-HR filing for the period ending 2022-09-30 (Q3 2022). The position has appeared on 15 reported quarters within Pactolio's tracked window.
What was BIGLARI CAPITAL CORP.'s most recent quarter-over-quarter share-count change in KMX?
BIGLARI CAPITAL CORP. held the same 125,420 shares of KMX between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent BIGLARI CAPITAL CORP.'s cost basis in KMX?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.