Diamond Hill Select Strategy Q4 2025 Portfolio Review

Diamond Hill Select Strategy returned 4.41% (net of fees) and the Russell 3000 Index returned 2.40%. General Motors has taken market share while maintaining pricing and growing in the electric vehicle and software services spaces. Ashland's shares benefited after the investment arm of Standard Industries, a prominent activist investor in the sector, announced that it took a 10% economic interest in the company, adding to investor confidence.

Seeking Alpha • Feb 15, 2026

CarMax taps former IHG chief Keith Barr as CEO

CarMax on Thursday named Keith Barr as its next chief executive, who will take over the helm at the used-car retailer as it navigates a turnaround plan and lower demand.

Reuters • Feb 12, 2026

Why CarMax Stock Just Crashed

CarMax appointed InterContinental Hotels Group head Keith Barr as its new CEO today. CarMax's sales have been slumping for three long years, and are in need of a turnaround.

The Motley Fool • Feb 12, 2026

CarMax Names a New CEO. He's Not a Car Guy.

The used-car retailer names IHG Hotels & Resorts veteran Keith Barr as its next CEO.

Barrons • Feb 12, 2026

CarMax Names Keith Barr as Chief Executive Officer

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”) today announced that Keith Barr has been appointed President and Chief Executive Officer, and a member of the Board of Directors (“the Board”), effective March 16, 2026. David McCreight, current Interim President and CEO of CarMax, will transition to his prior duties as an independent Director of the Board. Tom Folliard will remain in his role as Interim Executive Chair of the Board until the Company's Annual M.

Business Wire • Feb 12, 2026

CarMax Taps Hotel Veteran to Lead Turnaround

Keith Barr, former chief executive of IHG Hotels & Resorts, would bring digital experience to the used-car retailer.

WSJ • Feb 12, 2026

CarMax Named One of TIME's America's Most Iconic Companies

RICHMOND, VA, Feb. 04, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has been recognized by TIME Magazine as one of America's Most Iconic Companies. The project, created in partnership with Statista Inc., marks the 250th anniversary of the United States and honors 250 companies that have become enduring symbols of American business, culture, and identity. This positive recognition reaffirms CarMax's decades-long dedication to providing a transparent and customer-centric experience. CarMax is honored to be included among other automotive brands, including Ford Motor Company, General Motors, and Tesla. CarMax's commitment to innovation and iconic customer experiences has helped make the company the nation's largest retailer of used cars. As the original disruptor of the automotive industry, CarMax's "no-haggle" prices transformed car buying and selling from a stressful, dreaded event into the honest, straightforward experience all people deserve. Today, customers can shop and sell their way, whether that's online, in the store, or a seamless combination of both.

GlobeNewsWire • Feb 4, 2026

CarMax Stock Down 47% This Past Year, But One Fund Is Betting $6 Million on a Turnaround

BML Capital bought 155,000 shares of CarMax in the fourth quarter. As of quarter-end, the CarMax shares were valued at $5.99 million This new stake places CarMax outside the fund's top five holdings.

The Motley Fool • Feb 3, 2026

$11.1 Million Exit After a 39% Slide Signals a Hard Reset on This Auto Retailer

Courant Investment Management sold all 247,520 shares of CarMax in the fourth quarter. The estimated trade size was $11.11 million.

The Motley Fool • Jan 24, 2026

Why CarMax Stock Slipped 53% In 2025

CarMax is losing market share to competitors like Carvana. Its CEO stepped down in December.

The Motley Fool • Jan 12, 2026