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