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Livermore
Livermore
ZHEN

Biglari, Sardar

SEC CIK
0001334430
Latest filing
Aug 14, 2026

The latest 13F from Biglari, Sardar covers Q2 2026 (filed Aug 14, 2026): 10 long positions worth $62.2M. The top 10 holdings make up 100.0% of the portfolio, and the largest is Ferrari N.V. (RACE) at 33.7%. Livermore has 24 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
0
Added
2
Est. +$2.63M
Reduced
0
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. RACEFerrari N.V.
    33.7%$21.0MHistory
  2. KOCoca Cola Co
    14.4%$8.96MHistory
  3. LOCOEl Pollo Loco Holdings, Inc.
    13.3%$8.30MHistory
  4. TSMTaiwan Semiconductor Manufacturing Co Ltd
    11.6%$7.22MHistory
  5. WYNNWynn Resorts Ltd
    11.0%$6.82MHistory

Share of portfolio

Top 5 holdings and the other 5 positions, by share of portfolio value

  1. RACE33.7%
  2. KO14.4%
  3. LOCO13.3%
  4. TSM11.6%
  5. WYNN11.0%
  6. Other 5 positions16.0%

Biggest buys

New and added positions, by estimated amount bought

  1. RACEFerrari N.V.
    +$2.53MAddedHistory
  2. KOCoca Cola Co
    +$100.6KAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. RACEFerrari N.V.
    +0.76 pp33.0% → 33.7%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

None this quarter.

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

None this quarter.

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$62.2M
+$11.3M (+22.3%) vs. prior quarter
Positions
10
0 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
0.0%
Q2 2026, one quarter
Average holding period
16.1 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $62.2M (Q2 2026)

Q1 2021: $9.65MQ2 2021: $9.25MQ3 2021: $12.9MQ4 2021: $20.2MQ1 2022: $12.8MQ2 2022: $22.5MQ3 2022: $17.7MQ4 2022: $18.8MQ1 2023: $24.3MQ2 2023: $24.9MQ3 2023: $24.2MQ4 2023: $28.7MQ1 2024: $30.8MQ2 2024: $29.5MQ3 2024: $47.1MQ4 2024: $43.8MQ1 2025: $44.2MQ2 2025: $47.1MQ3 2025: $49.7MQ4 2025: $48.3MQ1 2026: $50.9MQ2 2026: $62.2M
Q1 2021Q2 2026
13F filings of Biglari, Sardar by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202610$62.2MRACEKOLOCOvs. Q1 2026SEC
Q1 2026May 15, 202610$50.9MRACEKOWYNNvs. Q4 2025SEC
Q4 2025Feb 17, 202610$48.3MRACEWYNNKOvs. Q3 2025SEC
Q3 2025Nov 14, 202510$49.7MRACEWYNNKOvs. Q2 2025SEC
Q2 2025Aug 14, 202510$47.1MRACEKOWYNNvs. Q1 2025SEC
Q1 2025May 15, 202510$44.2MRACEKOWYNNvs. Q4 2024SEC
Q4 2024Feb 14, 202510$43.8MRACEKOLOCOvs. Q3 2024SEC
Q3 2024Nov 14, 202410$47.1MRACEKOLOCOvs. Q2 2024SEC
Q2 2024Aug 14, 20249$29.5MKORACETSMvs. Q1 2024SEC
Q1 2024May 15, 20249$30.8MKORACECBRLvs. Q4 2023SEC
Q4 2023Feb 14, 20249$28.7MCBRLKOJACKvs. Q3 2023SEC
Q3 2023Nov 14, 20239$24.2MCBRLJACKKOvs. Q2 2023SEC
Q2 2023Aug 14, 20238$24.9MJACKCBRLKOvs. Q1 2023SEC
Q1 2023May 15, 20238$24.3MCBRLJACKBABAvs. Q4 2022SEC
Q4 2022Feb 14, 20238$18.8MCBRLJACKBABAvs. Q3 2022SEC
Q3 2022Feb 10, 2023Amended8$17.7MCBRLJACKBABAvs. Q2 2022SECSEC
Q2 2022Feb 10, 2023Amended7$22.5MTSMCBRLKMXvs. Q1 2022SECSEC
Q1 2022May 16, 20225$12.8MCBRLTSMKMXvs. Q4 2021SEC
Q4 2021Feb 14, 20226$20.2MCBRLYTSMvs. Q3 2021SEC
Q3 2021Nov 15, 20214$12.9MCBRLYKOvs. Q2 2021SEC
Q2 2021Aug 16, 20212$9.25MCBRLAAMEvs. Q1 2021SEC
Q1 2021May 17, 20212$9.65MCBRLAAME–SEC

13D and 13G filings

Companies where Biglari, Sardar reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Biglari, Sardar does not currently report owning 5% or more of any company.

Latest filings

11 filings on file made by Biglari, Sardar or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Biglari, Sardar
CompanyFiled (ET)FilerFormStakeChangeEvent dateFiling
LOCOEl Pollo Loco Holdings, Inc.Jul 2, 20266:30 PM ETBiglari Capital Corp.and 6 others13D/A13.50%4.12M shares−1.60 ppfrom 15.10%Jun 30, 2026SEC
JACKJack in the Box IncJan 14, 20266:45 PM ETBiglari Holdings Inc.and 9 others13D/A9.98%1.88M shares0.00 ppfrom 9.98%Jan 12, 2026SEC
JACKJack in the Box IncDec 29, 20254:09 PM ETBiglari Holdings Inc.and 9 others13D/A9.98%1.88M shares0.00 ppfrom 9.98%Dec 23, 2025SEC
JACKJack in the Box IncNov 3, 20255:05 PM ETBiglari Holdings Inc.and 9 others13D/A9.98%1.88M shares0.00 ppfrom 9.98%Oct 31, 2025SEC
JACKJack in the Box IncJul 10, 20259:47 PM ETBiglari Holdings Inc.and 9 others13D9.98%1.88M shares–Jul 10, 2025SEC
CBRLCracker Barrel Old Country Store, IncJun 10, 20256:19 PM ETBiglari Capital Corp.and 7 others13D/A4.70%1.04M shares−0.50 ppfrom 5.20%Below 5%Jun 9, 2025SEC
CBRLCracker Barrel Old Country Store, IncMay 29, 20256:13 PM ETBiglari Capital Corp.and 7 others13D/A5.20%1.15M shares−1.50 ppfrom 6.70%May 27, 2025SEC
CBRLCracker Barrel Old Country Store, IncMay 21, 20257:57 PM ETBiglari Capital Corp.and 7 others13D/A6.70%1.49M shares–May 19, 2025SEC
LOCOEl Pollo Loco Holdings, Inc.Apr 7, 20254:30 PM ETBiglari Capital Corp.and 6 others13D/A15.10%4.49M shares+0.11 ppfrom 14.99%Apr 6, 2025SEC
LOCOEl Pollo Loco Holdings, Inc.Jan 27, 20255:03 PM ETBiglari Capital Corp.and 6 others13D14.99%4.49M shares–Jan 23, 2025SEC
BH.ABiglari Holdings Inc.Dec 20, 20245:03 PM ETLion Fund, L.P.and 2 others13D/A74.30%153.7K shares–Dec 17, 2024SEC