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, Q3 2022
Institutional positions in Biglari Holdings Inc. as of Sep 30, 2022. 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
- 56
- −6 vs. Q2 2022
- Shares held
- 1.64M
- −15.2K (−0.9%) vs. Q2 2022
- Total value
- $189.0M
- −$13.5M (−6.7%) vs. Q2 2022
- New holders
- 3
- 15 more added
- Sold out
- 9
- 18 more reduced
1 institution that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2022: 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, Q3 2022
Shares, value and share of portfolio for each institution holding Biglari Holdings Inc.; share changes are against Q2 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Credit Suisse AG | 3 | $0 | 0.00% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 1 | $0 | 0.00% | 00.0% | Unchanged |
| M&R Capital Management Inc | 5 | $0 | 0.00% | 00.0% | Unchanged |
| Strategic Asset Management, LLC | 1 | $0 | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 12 | $1.00K | 0.00% | −50−80.6% | Reduced |
| Column Capital Advisors, LLC | 10 | $1.00K | 0.00% | −13−56.5% | Reduced |
| Advisor Group Holdings, Inc. | 5 | $1.00K | 0.00% | 00.0% | Unchanged |
| FMR LLC | 8 | $1.00K | 0.00% | +4+100.0% | Added |
| The PNC Financial Services Group, Inc. | 6 | $1.00K | 0.00% | +6 | New |
| Bartlett & Co. Wealth Management LLC | 25 | $2.89K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 32 | $3.00K | 0.00% | −8−20.0% | Reduced |
| North Star Investment Management Corp. | 26 | $3.00K | 0.00% | 00.0% | Unchanged |
| Bartlett & Co. LLC | 25 | $3.00K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 50 | $6.00K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 60 | $7.00K | 0.00% | +5+9.1% | Added |
| Legal & General Group Plc | 65 | $8.00K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 60 | $8.00K | 0.00% | +60 | New |
| Ameritas Investment Partners, Inc. | 80 | $9.00K | 0.00% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 98 | $11.0K | 0.00% | −297−75.2% | Reduced |
| Amalgamated Bank | 96 | $11.0K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 202 | $23.0K | 0.00% | +70+53.0% | Added |
| Bank of America Corp | 270 | $31.0K | 0.00% | +166+159.6% | Added |
| California State Teachers Retirement System | 291 | $34.0K | 0.00% | −24−7.6% | Reduced |
| Gladius Capital Management LP | 292 | $34.0K | 0.01% | +292 | New |
| Deutsche Bank AG | 337 | $39.0K | 0.00% | −41−10.8% | Reduced |
| BNP Paribas Arbitrage, SA | 342 | $39.5K | 0.00% | +153+81.0% | Added |
| American International Group, Inc. | 350 | $40.0K | 0.00% | +5+1.4% | Added |
| Public Employees Retirement Association of Colorado | 398 | $46.0K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 553 | $64.0K | 0.00% | +41+8.0% | Added |
| New York State Common Retirement Fund | 687 | $79.0K | 0.00% | +2+0.3% | Added |
| Allspring Global Investments Holdings, LLC | 777 | $89.0K | 0.00% | −310−28.5% | Reduced |
| Barclays PLC | 1,147 | $133.0K | 0.00% | −6−0.5% | Reduced |
| Russell Investments Group, Ltd. | 1,190 | $136.0K | 0.00% | 00.0% | Unchanged |
| Morgan Stanley | 1,897 | $219.0K | 0.00% | +602+46.5% | Added |
| Charles Schwab Investment Management Inc | 2,134 | $247.0K | 0.00% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 2,159 | $250.0K | 0.00% | −2,200−50.5% | Reduced |
| O'Shaughnessy Asset Management, LLC | 2,583 | $299.0K | 0.01% | −1,543−37.4% | Reduced |
| Martingale Asset Management L P | 2,802 | $324.0K | 0.01% | −861−23.5% | Reduced |
| Marquette Asset Management, LLC | 3,000 | $347.0K | 0.11% | 00.0% | Unchanged |
| Millennium Management LLC | 3,260 | $377.0K | 0.00% | +363+12.5% | Added |
| Los Angeles Capital Management LLC | 3,656 | $423.0K | 0.00% | −1,281−25.9% | Reduced |
| STRS Ohio | 4,200 | $485.0K | 0.00% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 5,083 | $588.0K | 0.00% | +14+0.3% | Added |
| D. E. Shaw & Co., Inc. | 7,444 | $861.0K | 0.00% | 00.0% | Unchanged |
| Northern Trust Corp | 8,198 | $947.0K | 0.00% | −120−1.4% | Reduced |
| Bank of New York Mellon Corp | 8,226 | $951.0K | 0.00% | +549+7.2% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 11,756 | $1.36M | 0.01% | −200−1.7% | Reduced |
| Geode Capital Management, LLC | 12,668 | $1.46M | 0.00% | −1,495−10.6% | Reduced |
| Bridgeway Capital Management, LLC | 12,900 | $1.49M | 0.04% | 00.0% | Unchanged |
| State Street Corp | 13,549 | $1.57M | 0.00% | +259+1.9% | Added |
| Prudential Financial Inc | 14,014 | $1.62M | 0.00% | −200−1.4% | Reduced |
| Nuveen Asset Management, LLC | 14,388 | $1.66M | 0.00% | +160+1.1% | Added |
| Vanguard Group Inc | 28,644 | $3.31M | 0.00% | −434−1.5% | Reduced |
| BlackRock Inc. | 56,248 | $6.50M | 0.00% | −524−0.9% | Reduced |
| Dimensional Fund Advisors LP | 81,016 | $9.37M | 0.00% | +1,536+1.9% | Added |
| Biglari Capital Corp. | 1,327,853 | $153.5M | 29.03% | 00.0% | Unchanged |
| State of Tennessee, Treasury Department | 0 | $0 | 0.00% | −2,153−100.0% | Sold out |
| Jacobs Levy Equity Management, Inc | 0 | $0 | 0.00% | −2,106−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −1,920−100.0% | Sold out |
| Ritholtz Wealth Management | 0 | $0 | 0.00% | −1,689−100.0% | Sold out |
| LSV Asset Management | 0 | $0 | 0.00% | −1,679−100.0% | Sold out |
| Lazard Asset Management LLC | 0 | $0 | 0.00% | −309−100.0% | Sold out |
| Captrust Financial Advisors | 0 | $0 | 0.00% | −36−100.0% | Sold out |
| Capital Advisors, Ltd. LLC | 0 | $0 | 0.00% | −6−100.0% | Sold out |
| Ellevest, Inc. | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Dorsey Wright & Associates | – | – | – | – | Not filed |