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 2023
Institutional positions in Biglari Holdings Inc. as of Dec 31, 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
- 68
- +1 vs. Q3 2023
- Shares held
- 1.69M
- +24.8K (+1.5%) vs. Q3 2023
- Total value
- $278.2M
- +$2.31M (+0.8%) vs. Q3 2023
- New holders
- 6
- 29 more added
- Sold out
- 5
- 12 more reduced
Compare with Q3 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, Q4 2023
Shares, value and share of portfolio for each institution holding Biglari Holdings Inc.; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Salem Investment Counselors Inc | 1 | $165 | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 5 | $825 | 0.00% | 00.0% | Unchanged |
| FMR LLC | 21 | $3.46K | 0.00% | +7+50.0% | Added |
| The PNC Financial Services Group, Inc. | 22 | $3.63K | 0.00% | +22 | New |
| North Star Investment Management Corp. | 26 | $4.29K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 40 | $6.60K | 0.00% | 00.0% | Unchanged |
| Metropolitan Life Insurance Co | 41 | $6.76K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 50 | $8.25K | 0.00% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 55 | $9.07K | 0.00% | +30+120.0% | Added |
| AJOVista, LLC | 55 | $9.07K | 0.01% | +55 | New |
| Legal & General Group Plc | 65 | $10.7K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 68 | $11.0K | 0.00% | −8−10.5% | Reduced |
| Barrow Hanley Mewhinney & Strauss LLC | 67 | $11.1K | 0.00% | 00.0% | Unchanged |
| Hoey Investments, Inc | 72 | $11.9K | 0.00% | +72 | New |
| Ameritas Investment Partners, Inc. | 80 | $13.2K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 82 | $13.5K | 0.00% | 00.0% | Unchanged |
| Wetzel Investment Advisors, Inc. | 96 | $16.0K | 0.01% | +96 | New |
| Citigroup Inc | 119 | $19.6K | 0.00% | +112+1,600.0% | Added |
| California State Teachers Retirement System | 122 | $20.1K | 0.00% | −41−25.2% | Reduced |
| Tower Research Capital LLC (TRC) | 164 | $27.0K | 0.00% | +86+110.3% | Added |
| BNP Paribas Arbitrage, SA | 196 | $32.3K | 0.00% | −102−34.2% | Reduced |
| Wells Fargo & Company | 227 | $37.4K | 0.00% | +38+20.1% | Added |
| Royal Bank of Canada | 258 | $43.0K | 0.00% | +85+49.1% | Added |
| American International Group, Inc. | 368 | $60.7K | 0.00% | −1−0.3% | Reduced |
| Public Employees Retirement Association of Colorado | 398 | $66.0K | 0.00% | 00.0% | Unchanged |
| Gladius Capital Management LP | 402 | $66.3K | 0.04% | +226+128.4% | Added |
| MetLife Investment Management | 407 | $67.1K | 0.00% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 686 | $113.1K | 0.00% | +2+0.3% | Added |
| UBS Group AG | 813 | $134.1K | 0.00% | +364+81.1% | Added |
| Russell Investments Group, Ltd. | 890 | $146.8K | 0.00% | 00.0% | Unchanged |
| Rhumbline Advisers | 1,160 | $191.3K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 1,220 | $201.2K | 0.00% | −1,433−54.0% | Reduced |
| Winton Group Ltd | 1,269 | $209.3K | 0.02% | +1+0.1% | Added |
| JPMorgan Chase & Co | 1,355 | $223.5K | 0.00% | +553+69.0% | Added |
| Squarepoint Ops LLC | 1,426 | $235.2K | 0.00% | −328−18.7% | Reduced |
| Jacobs Levy Equity Management, Inc | 1,451 | $239.3K | 0.00% | 00.0% | Unchanged |
| Ritholtz Wealth Management | 1,470 | $242.4K | 0.01% | −383−20.7% | Reduced |
| Barclays PLC | 1,586 | $261.6K | 0.00% | +1,139+254.8% | Added |
| LPL Financial LLC | 1,664 | $274.4K | 0.00% | +1,664 | New |
| Assenagon Asset Management S.A. | 2,001 | $330.0K | 0.00% | −24−1.2% | Reduced |
| Renaissance Technologies LLC | 2,046 | $337.0K | 0.00% | +180+9.6% | Added |
| Two Sigma Advisers, LP | 2,059 | $339.6K | 0.00% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 2,203 | $363.3K | 0.00% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 2,281 | $376.0K | 0.03% | +2,281 | New |
| Rathbone Brothers plc | 2,300 | $379.3K | 0.00% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 2,579 | $425.0K | 0.00% | +395+18.1% | Added |
| Bank of America Corp | 2,670 | $440.4K | 0.00% | +1,042+64.0% | Added |
| STRS Ohio | 3,000 | $494.0K | 0.00% | 00.0% | Unchanged |
| Marquette Asset Management, LLC | 3,070 | $506.3K | 0.09% | +70+2.3% | Added |
| O'Shaughnessy Asset Management, LLC | 3,198 | $527.4K | 0.01% | −878−21.5% | Reduced |
| Martingale Asset Management L P | 3,284 | $541.6K | 0.01% | −30−0.9% | Reduced |
| Bank of New York Mellon Corp | 3,980 | $656.4K | 0.00% | +1,481+59.3% | Added |
| Morgan Stanley | 4,514 | $744.5K | 0.00% | +1,762+64.0% | Added |
| Los Angeles Capital Management LLC | 5,566 | $918.0K | 0.00% | 00.0% | Unchanged |
| Empowered Funds, LLC | 7,651 | $1.26M | 0.03% | +576+8.1% | Added |
| Arrowstreet Capital, Limited Partnership | 7,652 | $1.26M | 0.00% | 00.0% | Unchanged |
| Prudential Financial Inc | 8,174 | $1.35M | 0.00% | −2,020−19.8% | Reduced |
| Northern Trust Corp | 8,552 | $1.41M | 0.00% | +473+5.9% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 10,627 | $1.75M | 0.01% | −252−2.3% | Reduced |
| State Street Corp | 12,525 | $2.07M | 0.00% | +78+0.6% | Added |
| Bridgeway Capital Management, LLC | 13,851 | $2.28M | 0.05% | +576+4.3% | Added |
| Acuitas Investments, LLC | 14,455 | $2.38M | 1.25% | +144+1.0% | Added |
| Geode Capital Management, LLC | 15,136 | $2.50M | 0.00% | +678+4.7% | Added |
| Nuveen Asset Management, LLC | 16,257 | $2.68M | 0.00% | +789+5.1% | Added |
| Vanguard Group Inc | 28,443 | $4.69M | 0.00% | +285+1.0% | Added |
| BlackRock Inc. | 54,737 | $9.03M | 0.00% | +3,934+7.7% | Added |
| Dimensional Fund Advisors LP | 87,545 | $14.4M | 0.00% | +3,365+4.0% | Added |
| Biglari Capital Corp. | 1,337,666 | $220.6M | 32.51% | +9,813+0.7% | Added |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −1,637−100.0% | Sold out |
| Allspring Global Investments Holdings, LLC | 0 | $0 | 0.00% | −333−100.0% | Sold out |
| Dorsey Wright & Associates | 0 | $0 | 0.00% | −157−100.0% | Sold out |
| Hanseatic Management Services Inc | 0 | $0 | 0.00% | −29−100.0% | Sold out |
| Massmutual Trust Co FSB | 0 | $0 | 0.00% | −3−100.0% | Sold out |