Macro Headwinds Impacted CarMax (KMX) in Q1

Alphyn Capital Management, an investment management firm, released its first-quarter 2023 investor letter. The same can be downloaded here. The fund returned 7.5% (net) in the first quarter compared to a 7.5% return for the S&P500 Index. In addition, please check the fund’s top five holdings to know its best picks in 2023.

Alphyn Capital Management highlighted stocks like CarMax, Inc. (NYSE:KMX) in the first quarter 2023 investor letter. Headquartered in Richmond, Virginia, CarMax, Inc....