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, Q2 2023
Institutional positions in Biglari Holdings Inc. as of Jun 30, 2023. 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
- 72
- 0 vs. Q1 2023
- Shares held
- 1.67M
- +25.3K (+1.5%) vs. Q1 2023
- Total value
- $330.1M
- +$50.8M (+18.2%) vs. Q1 2023
- New holders
- 8
- 23 more added
- Sold out
- 8
- 20 more reduced
Compare with Q1 2023: 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, Q2 2023
Shares, value and share of portfolio for each institution holding Biglari Holdings Inc.; share changes are against Q1 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Salem Investment Counselors Inc | 1 | $198 | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 5 | $986 | 0.00% | 00.0% | Unchanged |
| Capital Advisors, Ltd. LLC | 6 | $1.00K | 0.00% | +6 | New |
| Fifth Third Bancorp | 15 | $2.96K | 0.00% | +15 | New |
| GWM Advisors LLC | 18 | $3.55K | 0.00% | +18 | New |
| FMR LLC | 22 | $4.34K | 0.00% | +7+46.7% | Added |
| North Star Investment Management Corp. | 26 | $5.13K | 0.00% | 00.0% | Unchanged |
| Hanseatic Management Services Inc | 29 | $6.00K | 0.01% | 00.0% | Unchanged |
| Metropolitan Life Insurance Co | 41 | $8.08K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 50 | $9.86K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 60 | $11.8K | 0.00% | 00.0% | Unchanged |
| Barrow Hanley Mewhinney & Strauss LLC | 67 | $13.2K | 0.00% | +43+179.2% | Added |
| Amalgamated Bank | 76 | $15.0K | 0.00% | −13−14.6% | Reduced |
| Ameritas Investment Partners, Inc. | 80 | $15.8K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 125 | $24.0K | 0.00% | 00.0% | Unchanged |
| Dorsey Wright & Associates | 162 | $31.9K | 0.01% | +15+10.2% | Added |
| Lazard Asset Management LLC | 163 | $32.0K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 173 | $34.1K | 0.00% | −131−43.1% | Reduced |
| BNP Paribas Arbitrage, SA | 194 | $38.2K | 0.00% | −314−61.8% | Reduced |
| Legal & General Group Plc | 220 | $43.6K | 0.00% | +155+238.5% | Added |
| Citigroup Inc | 224 | $44.2K | 0.00% | +222+11,100.0% | Added |
| California State Teachers Retirement System | 246 | $48.5K | 0.00% | −28−10.2% | Reduced |
| Gladius Capital Management LP | 270 | $53.2K | 0.03% | +42+18.4% | Added |
| Wells Fargo & Company | 288 | $56.8K | 0.00% | +158+121.5% | Added |
| American International Group, Inc. | 355 | $70.0K | 0.00% | 00.0% | Unchanged |
| Barclays PLC | 371 | $73.1K | 0.00% | −742−66.7% | Reduced |
| Public Employees Retirement Association of Colorado | 398 | $78.0K | 0.00% | 00.0% | Unchanged |
| MetLife Investment Management | 407 | $80.2K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 412 | $81.2K | 0.00% | +199+93.4% | Added |
| Acadian Asset Management LLC | 587 | $115.0K | 0.00% | −1,033−63.8% | Reduced |
| Bank of America Corp | 683 | $134.6K | 0.00% | +3+0.4% | Added |
| New York State Common Retirement Fund | 686 | $135.2K | 0.00% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 890 | $175.5K | 0.00% | −304−25.5% | Reduced |
| JPMorgan Chase & Co | 948 | $186.9K | 0.00% | +161+20.5% | Added |
| Ground Swell Capital, LLC | 1,069 | $210.7K | 0.52% | +1,069 | New |
| Man Group plc | 1,092 | $215.3K | 0.00% | – | – |
| Rhumbline Advisers | 1,141 | $224.9K | 0.00% | −66−5.5% | Reduced |
| Goldman Sachs Group Inc | 1,253 | $247.0K | 0.00% | −497−28.4% | Reduced |
| Squarepoint Ops LLC | 1,295 | $255.3K | 0.00% | +1,295 | New |
| LPL Financial LLC | 1,376 | $271.3K | 0.00% | −47−3.3% | Reduced |
| Jacobs Levy Equity Management, Inc | 1,451 | $286.1K | 0.00% | 00.0% | Unchanged |
| Millennium Management LLC | 1,467 | $289.2K | 0.00% | −1,050−41.7% | Reduced |
| Janney Montgomery Scott LLC | 1,866 | $368.0K | 0.00% | +141+8.2% | Added |
| Ritholtz Wealth Management | 2,051 | $404.3K | 0.02% | −2−0.1% | Reduced |
| Two Sigma Advisers, LP | 2,059 | $405.9K | 0.00% | 00.0% | Unchanged |
| Assenagon Asset Management S.A. | 2,098 | $413.6K | 0.00% | +913+77.0% | Added |
| Charles Schwab Investment Management Inc | 2,203 | $434.3K | 0.00% | +31+1.4% | Added |
| Morgan Stanley | 2,770 | $546.1K | 0.00% | +402+17.0% | Added |
| STRS Ohio | 2,800 | $551.0K | 0.00% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 2,856 | $563.0K | 0.00% | −63−2.2% | Reduced |
| Bank of New York Mellon Corp | 2,890 | $569.7K | 0.00% | +19+0.7% | Added |
| Marquette Asset Management, LLC | 3,000 | $591.4K | 0.15% | 00.0% | Unchanged |
| Martingale Asset Management L P | 3,314 | $653.3K | 0.01% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 3,525 | $694.9K | 0.00% | −1,621−31.5% | Reduced |
| Citadel Advisors LLC | 3,763 | $741.8K | 0.00% | +910+31.9% | Added |
| O'Shaughnessy Asset Management, LLC | 3,874 | $763.7K | 0.01% | +72+1.9% | Added |
| Los Angeles Capital Management LLC | 3,886 | $766.1K | 0.00% | +200+5.4% | Added |
| Empowered Funds, LLC | 6,601 | $1.30M | 0.05% | +6,601 | New |
| EA Series Trust | 6,601 | $1.30M | 0.05% | +6,601 | New |
| Arrowstreet Capital, Limited Partnership | 7,267 | $1.43M | 0.00% | +509+7.5% | Added |
| Northern Trust Corp | 8,061 | $1.59M | 0.00% | +32+0.4% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 10,954 | $2.16M | 0.01% | −358−3.2% | Reduced |
| Prudential Financial Inc | 11,314 | $2.23M | 0.00% | −960−7.8% | Reduced |
| Bridgeway Capital Management, LLC | 12,801 | $2.52M | 0.06% | +186+1.5% | Added |
| State Street Corp | 13,026 | $2.57M | 0.00% | −496−3.7% | Reduced |
| Geode Capital Management, LLC | 13,611 | $2.68M | 0.00% | +1,341+10.9% | Added |
| Acuitas Investments, LLC | 14,306 | $2.82M | 1.64% | +14,306 | New |
| Nuveen Asset Management, LLC | 15,451 | $3.05M | 0.00% | +2,018+15.0% | Added |
| Vanguard Group Inc | 27,887 | $5.50M | 0.00% | −901−3.1% | Reduced |
| BlackRock Inc. | 52,277 | $10.3M | 0.00% | −2,333−4.3% | Reduced |
| Dimensional Fund Advisors LP | 84,798 | $16.7M | 0.01% | −1,127−1.3% | Reduced |
| Biglari Capital Corp. | 1,327,853 | $261.8M | 34.68% | 00.0% | Unchanged |
| M&R Capital Management Inc | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −713−100.0% | Sold out |
| Deutsche Bank AG | 0 | $0 | 0.00% | −453−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −98−100.0% | Sold out |
| Ellevest, Inc. | 0 | $0 | 0.00% | −71−100.0% | Sold out |
| TCI Wealth Advisors, Inc. | 0 | $0 | 0.00% | −56−100.0% | 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 |