Given:
$$A\sim \mathrm N(\mu_1, \sigma_1)$$
$$B \sim \mathrm N(\mu_2, \sigma_2)$$
$$C \sim \mathrm N(\mu_3, \sigma_3)$$
$$X_1 = \alpha_1 \cdot A + \beta_1 \cdot B + \gamma_1 \cdot C$$
$$X_2 = \alpha_2 \cdot A + \beta_2 \cdot B + \gamma_2 \cdot C$$
$$Y = A$$
A, B, C and have known pairwise covariances / correlations.
How can I calculate the percent of the variance of $Y$ that is explained by $X_1$ and $X_2$? I can currently generate random samples for A, B, and C and then run a regression to find the r-squared, but I was hoping to find a closed-form solution.
Or alternatively, what amount of variance of $Y$ is unique, that is, what amount of variance is not explained by $X_1$ and $X_2$?
Edit: Simplified my problem too much, and jbowman correctly pointed out all the variance is explained if X1 and X2 are linear combinations of just two random variables, so added a third random variable.