Biglari Holdings Inc.
BH- Exchange
- NYSE
- Industry
- Retail-Eating Places
- SEC CIK
- 0001726173
No open-market purchases or sales by Biglari Holdings Inc. insiders were filed in the last 90 days; 113 institutions reported holding it in 13F filings for Q2 2026, worth $850.5M in total; no superinvestor holds it.
Other share classesBH.A
13F holders, Q4 2021
Institutional positions in Biglari Holdings Inc. as of Dec 31, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 65
- −10 vs. Q3 2021
- Shares held
- 1.72M
- +29.1K (+1.7%) vs. Q3 2021
- Total value
- $244.7M
- −$45.1M (−15.6%) vs. Q3 2021
- New holders
- 2
- 23 more added
- Sold out
- 12
- 20 more reduced
1 institution that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2021: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting BH on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 113 | $850.5M |
| Q1 2026 | 116 | $652.9M |
| Q4 2025 | 106 | $642.0M |
| Q3 2025 | 97 | $612.7M |
| Q2 2025 | 92 | $534.5M |
| Q1 2025 | 75 | $389.0M |
| Q4 2024 | 75 | $454.5M |
| Q3 2024 | 69 | $293.0M |
| Q2 2024 | 72 | $328.7M |
| Q1 2024 | 68 | $320.7M |
| Q4 2023 | 68 | $278.2M |
| Q3 2023 | 67 | $275.8M |
| Q2 2023 | 72 | $330.1M |
| Q1 2023 | 72 | $279.2M |
| Q4 2022 | 60 | $226.8M |
| Q3 2022 | 56 | $189.0M |
| Q2 2022 | 63 | $202.5M |
| Q1 2022 | 67 | $243.1M |
| Q4 2021 | 65 | $244.7M |
| Q3 2021 | 76 | $289.8M |
| Q2 2021 | 72 | $268.1M |
| Q1 2021 | 70 | $226.0M |
Institutions, Q4 2021
Shares, value and share of portfolio for each institution holding Biglari Holdings Inc.; share changes are against Q3 2021.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Biglari Capital Corp. | 1,327,853 | $189.3M | 28.66% | +39,776+3.1% | Added |
| Dimensional Fund Advisors LP | 77,268 | $11.0M | 0.00% | +872+1.1% | Added |
| BlackRock Inc. | 59,763 | $8.52M | 0.00% | −723−1.2% | Reduced |
| Vanguard Group Inc | 29,365 | $4.19M | 0.00% | +1,104+3.9% | Added |
| Nuveen Asset Management, LLC | 15,412 | $2.24M | 0.00% | −446−2.8% | Reduced |
| State Street Corp | 14,670 | $2.09M | 0.00% | −1,026−6.5% | Reduced |
| Prudential Financial Inc | 13,717 | $1.96M | 0.00% | −1,119−7.5% | Reduced |
| Geode Capital Management, LLC | 13,317 | $1.90M | 0.00% | −637−4.6% | Reduced |
| Arrowstreet Capital, Limited Partnership | 13,090 | $1.87M | 0.00% | −3,201−19.6% | Reduced |
| Bridgeway Capital Management, LLC | 12,900 | $1.84M | 0.03% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 12,774 | $1.82M | 0.01% | 00.0% | Unchanged |
| Northern Trust Corp | 9,267 | $1.32M | 0.00% | −10−0.1% | Reduced |
| Bank of New York Mellon Corp | 8,831 | $1.26M | 0.00% | +4,924+126.0% | Added |
| Two Sigma Advisers, LP | 8,659 | $1.24M | 0.00% | +1,100+14.6% | Added |
| D. E. Shaw & Co., Inc. | 7,448 | $1.06M | 0.00% | +70+0.9% | Added |
| Two Sigma Investments, LP | 6,491 | $925.0K | 0.00% | +1,639+33.8% | Added |
| LSV Asset Management | 6,410 | $914.0K | 0.00% | 00.0% | Unchanged |
| Jacobs Levy Equity Management, Inc | 6,027 | $859.0K | 0.01% | −890−12.9% | Reduced |
| Morgan Stanley | 5,900 | $841.0K | 0.00% | −1,589−21.2% | Reduced |
| Los Angeles Capital Management LLC | 5,057 | $721.0K | 0.00% | 00.0% | Unchanged |
| STRS Ohio | 4,800 | $684.0K | 0.00% | +300+6.7% | Added |
| Martingale Asset Management L P | 4,363 | $623.0K | 0.01% | −710−14.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 4,321 | $616.0K | 0.00% | +4,321 | New |
| Millennium Management LLC | 3,940 | $562.0K | 0.00% | −1,457−27.0% | Reduced |
| Wells Fargo & Company | 3,886 | $554.0K | 0.00% | −2,580−39.9% | Reduced |
| Exchange Traded Concepts, LLC | 3,715 | $530.0K | 0.01% | +689+22.8% | Added |
| Assenagon Asset Management S.A. | 3,536 | $504.0K | 0.00% | −2,290−39.3% | Reduced |
| Renaissance Technologies LLC | 3,276 | $467.0K | 0.00% | −688−17.4% | Reduced |
| Marquette Asset Management, LLC | 3,000 | $428.0K | 0.09% | 00.0% | Unchanged |
| O'Shaughnessy Asset Management, LLC | 2,827 | $403.0K | 0.01% | −425−13.1% | Reduced |
| Deutsche Bank AG | 2,580 | $368.0K | 0.00% | +30+1.2% | Added |
| Janney Montgomery Scott LLC | 2,342 | $334.0K | 0.00% | +23+1.0% | Added |
| State of Tennessee, Treasury Department | 2,153 | $307.0K | 0.00% | +100+4.9% | Added |
| Barclays PLC | 2,100 | $299.0K | 0.00% | +643+44.1% | Added |
| Invesco Ltd. | 2,079 | $296.0K | 0.00% | −577−21.7% | Reduced |
| State of Wisconsin Investment Board | 1,800 | $257.0K | 0.00% | +600+50.0% | Added |
| Charles Schwab Investment Management Inc | 1,721 | $246.0K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 1,680 | $239.0K | 0.00% | +1,045+164.6% | Added |
| BNP Paribas Arbitrage, SA | 1,478 | $210.7K | 0.00% | +1,251+551.1% | Added |
| Russell Investments Group, Ltd. | 890 | $126.0K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 851 | $121.0K | 0.00% | +851 | New |
| New York State Common Retirement Fund | 687 | $98.0K | 0.00% | +2+0.3% | Added |
| Bank of America Corp | 634 | $90.0K | 0.00% | +283+80.6% | Added |
| American International Group, Inc. | 438 | $62.0K | 0.00% | −5−1.1% | Reduced |
| California State Teachers Retirement System | 429 | $61.0K | 0.00% | −70−14.0% | Reduced |
| Public Employees Retirement Association of Colorado | 398 | $57.0K | 0.00% | 00.0% | Unchanged |
| Dorsey Wright & Associates | 330 | $47.0K | 0.01% | +50+17.9% | Added |
| KBC Group NV | 314 | $45.0K | 0.00% | 00.0% | Unchanged |
| Meeder Asset Management Inc | 226 | $32.0K | 0.00% | +44+24.2% | Added |
| Citigroup Inc | 207 | $30.0K | 0.00% | +114+122.6% | Added |
| Royal Bank of Canada | 136 | $19.0K | 0.00% | +6+4.6% | Added |
| Ameritas Investment Partners, Inc. | 80 | $11.0K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 75 | $11.0K | 0.00% | +44+141.9% | Added |
| Legal & General Group Plc | 65 | $9.00K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 50 | $7.00K | 0.00% | 00.0% | Unchanged |
| Captrust Financial Advisors | 45 | $6.00K | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 26 | $4.00K | 0.00% | 00.0% | Unchanged |
| Column Capital Advisors, LLC | 23 | $3.00K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 18 | $3.00K | 0.00% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 12 | $1.00K | 0.00% | −342−96.6% | Reduced |
| Country Trust Bank | 5 | $1.00K | 0.00% | 00.0% | Unchanged |
| First Horizon Advisors, Inc. | 7 | $0 | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 4 | $0 | 0.00% | −6−60.0% | Reduced |
| M&R Capital Management Inc | 5 | $0 | 0.00% | 00.0% | Unchanged |
| Strategic Asset Management, LLC | 1 | $0 | 0.00% | 00.0% | Unchanged |
| Winton Group Ltd | 0 | $0 | 0.00% | −3,423−100.0% | Sold out |
| Panagora Asset Management Inc | 0 | $0 | 0.00% | −1,859−100.0% | Sold out |
| Ergoteles LLC | 0 | $0 | 0.00% | −557−100.0% | Sold out |
| AQR Capital Management LLC | 0 | $0 | 0.00% | −1,305−100.0% | Sold out |
| Rhumbline Advisers | 0 | $0 | 0.00% | −1,286−100.0% | Sold out |
| Parametric Portfolio Associates LLC | 0 | $0 | 0.00% | −1,272−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −1,233−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −898−100.0% | Sold out |
| TCI Wealth Advisors, Inc. | 0 | $0 | 0.00% | −109−100.0% | Sold out |
| Graves-Light Private Wealth Management, Inc. | 0 | $0 | 0.00% | −29−100.0% | Sold out |
| Bartlett & Co. Wealth Management LLC | 0 | $0 | 0.00% | −25−100.0% | Sold out |
| Bartlett & Co. LLC | 0 | $0 | 0.00% | −25−100.0% | Sold out |
| Berman Capital Advisors, LLC | – | – | – | – | Not filed |