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, Q1 2024
Institutional positions in Biglari Holdings Inc. as of Mar 31, 2024. 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
- 0 vs. Q4 2023
- Shares held
- 1.69M
- +4.22K (+0.2%) vs. Q4 2023
- Total value
- $320.7M
- +$42.5M (+15.3%) vs. Q4 2023
- New holders
- 5
- 20 more added
- Sold out
- 5
- 22 more reduced
Compare with Q4 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, Q1 2024
Shares, value and share of portfolio for each institution holding Biglari Holdings Inc.; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Biglari Capital Corp. | 1,349,071 | $255.9M | 34.29% | +11,405+0.9% | Added |
| Dimensional Fund Advisors LP | 88,512 | $16.8M | 0.00% | +967+1.1% | Added |
| BlackRock Inc. | 52,905 | $10.0M | 0.00% | −1,832−3.3% | Reduced |
| Vanguard Group Inc | 28,933 | $5.49M | 0.00% | +490+1.7% | Added |
| Nuveen Asset Management, LLC | 16,488 | $3.13M | 0.00% | +231+1.4% | Added |
| Acuitas Investments, LLC | 16,276 | $3.09M | 1.56% | +1,821+12.6% | Added |
| Geode Capital Management, LLC | 15,633 | $2.97M | 0.00% | +497+3.3% | Added |
| Bridgeway Capital Management, LLC | 14,376 | $2.73M | 0.06% | +525+3.8% | Added |
| State Street Corp | 12,625 | $2.39M | 0.00% | +100+0.8% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 10,897 | $2.07M | 0.01% | +270+2.5% | Added |
| Northern Trust Corp | 8,242 | $1.56M | 0.00% | −310−3.6% | Reduced |
| Empowered Funds, LLC | 8,176 | $1.55M | 0.03% | +525+6.9% | Added |
| Arrowstreet Capital, Limited Partnership | 7,652 | $1.45M | 0.00% | 00.0% | Unchanged |
| Prudential Financial Inc | 6,874 | $1.30M | 0.00% | −1,300−15.9% | Reduced |
| Los Angeles Capital Management LLC | 4,430 | $840.3K | 0.00% | −1,136−20.4% | Reduced |
| Morgan Stanley | 4,224 | $801.2K | 0.00% | −290−6.4% | Reduced |
| Bank of New York Mellon Corp | 3,821 | $724.8K | 0.00% | −159−4.0% | Reduced |
| Martingale Asset Management L P | 3,284 | $622.9K | 0.01% | 00.0% | Unchanged |
| Marquette Asset Management, LLC | 3,070 | $582.3K | 0.10% | 00.0% | Unchanged |
| STRS Ohio | 2,600 | $493.0K | 0.00% | −400−13.3% | Reduced |
| Gsa Capital Partners LLP | 2,406 | $456.0K | 0.04% | +125+5.5% | Added |
| Rathbone Brothers plc | 2,300 | $436.3K | 0.00% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 2,203 | $417.9K | 0.00% | 00.0% | Unchanged |
| O'Shaughnessy Asset Management, LLC | 2,173 | $412.2K | 0.00% | −1,025−32.1% | Reduced |
| Renaissance Technologies LLC | 2,166 | $411.0K | 0.00% | +120+5.9% | Added |
| Two Sigma Advisers, LP | 2,059 | $390.6K | 0.00% | 00.0% | Unchanged |
| Assenagon Asset Management S.A. | 2,001 | $379.6K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 1,904 | $361.1K | 0.00% | +549+40.5% | Added |
| Bank of America Corp | 1,602 | $303.9K | 0.00% | −1,068−40.0% | Reduced |
| Jacobs Levy Equity Management, Inc | 1,451 | $275.2K | 0.00% | 00.0% | Unchanged |
| LPL Financial LLC | 1,206 | $228.8K | 0.00% | −458−27.5% | Reduced |
| Virtu Financial LLC | 1,177 | $223.0K | 0.02% | +1,177 | New |
| Royal Bank of Canada | 1,139 | $215.0K | 0.00% | +881+341.5% | Added |
| Ritholtz Wealth Management | 1,091 | $206.9K | 0.01% | −379−25.8% | Reduced |
| Rhumbline Advisers | 1,082 | $205.2K | 0.00% | −78−6.7% | Reduced |
| Barclays PLC | 1,057 | $200.5K | 0.00% | −529−33.4% | Reduced |
| Russell Investments Group, Ltd. | 890 | $168.8K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 750 | $142.3K | 0.00% | −63−7.7% | Reduced |
| New York State Common Retirement Fund | 685 | $129.9K | 0.00% | −1−0.1% | Reduced |
| Gladius Capital Management LP | 449 | $85.2K | 0.08% | +47+11.7% | Added |
| MetLife Investment Management | 403 | $76.4K | 0.00% | −4−1.0% | Reduced |
| Public Employees Retirement Association of Colorado | 398 | $75.0K | 0.00% | 00.0% | Unchanged |
| American International Group, Inc. | 364 | $69.0K | 0.00% | −4−1.1% | Reduced |
| BNP Paribas Arbitrage, SA | 356 | $67.5K | 0.00% | +160+81.6% | Added |
| Wells Fargo & Company | 261 | $49.5K | 0.00% | +34+15.0% | Added |
| Citigroup Inc | 163 | $30.9K | 0.00% | +44+37.0% | Added |
| Wetzel Investment Advisors, Inc. | 96 | $18.9K | 0.01% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 80 | $15.2K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 74 | $14.0K | 0.00% | −48−39.3% | Reduced |
| Hoey Investments, Inc | 72 | $13.7K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 70 | $13.3K | 0.00% | −12−14.6% | Reduced |
| Barrow Hanley Mewhinney & Strauss LLC | 67 | $12.7K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 65 | $12.3K | 0.00% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 55 | $10.4K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 50 | $9.48K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 48 | $9.11K | 0.00% | −116−70.7% | Reduced |
| Metropolitan Life Insurance Co | 42 | $7.97K | 0.00% | +1+2.4% | Added |
| Nisa Investment Advisors, LLC | 40 | $7.59K | 0.00% | 00.0% | Unchanged |
| FMR LLC | 32 | $6.07K | 0.00% | +11+52.4% | Added |
| Amalgamated Bank | 25 | $5.00K | 0.00% | −43−63.2% | Reduced |
| North Star Investment Management Corp. | 26 | $4.93K | 0.00% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 19 | $3.60K | 0.00% | +19 | New |
| The PNC Financial Services Group, Inc. | 16 | $3.03K | 0.00% | −6−27.3% | Reduced |
| IFP Advisors, Inc | 12 | $2.28K | 0.00% | +12 | New |
| TD Waterhouse Canada Inc. | 10 | $1.94K | 0.00% | +10 | New |
| Financial Synergies Wealth Advisors, Inc. | 5 | $949 | 0.00% | +5 | New |
| Advisor Group Holdings, Inc. | 5 | $948 | 0.00% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 1 | $190 | 0.00% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 0 | $0 | 0.00% | −2,579−100.0% | Sold out |
| Squarepoint Ops LLC | 0 | $0 | 0.00% | −1,426−100.0% | Sold out |
| Winton Group Ltd | 0 | $0 | 0.00% | −1,269−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −1,220−100.0% | Sold out |
| AJOVista, LLC | 0 | $0 | 0.00% | −55−100.0% | Sold out |