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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 2024

Institutional positions in Biglari Holdings Inc. as of Jun 30, 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
72
+4 vs. Q1 2024
Shares held
1.70M
+8.97K (+0.5%) vs. Q1 2024
Total value
$328.7M
+$7.99M (+2.5%) vs. Q1 2024
New holders
10
26 more added
Sold out
6
11 more reduced

Compare with Q1 2024: 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.

Institutional holdersQ2 2024: 72 institutions
Q1 2021: 70 institutionsQ2 2021: 72 institutionsQ3 2021: 76 institutionsQ4 2021: 65 institutionsQ1 2022: 67 institutionsQ2 2022: 63 institutionsQ3 2022: 56 institutionsQ4 2022: 60 institutionsQ1 2023: 72 institutionsQ2 2023: 72 institutionsQ3 2023: 67 institutionsQ4 2023: 68 institutionsQ1 2024: 68 institutionsQ2 2024: 72 institutionsQ3 2024: 69 institutionsQ4 2024: 75 institutionsQ1 2025: 75 institutionsQ2 2025: 92 institutionsQ3 2025: 97 institutionsQ4 2025: 106 institutionsQ1 2026: 116 institutionsQ2 2026: 113 institutions
Value heldQ2 2024: $328.7M
Q1 2021: $226.0MQ2 2021: $268.1MQ3 2021: $289.8MQ4 2021: $244.7MQ1 2022: $243.1MQ2 2022: $202.5MQ3 2022: $189.0MQ4 2022: $226.8MQ1 2023: $279.2MQ2 2023: $330.1MQ3 2023: $275.8MQ4 2023: $278.2MQ1 2024: $320.7MQ2 2024: $328.7MQ3 2024: $293.0MQ4 2024: $454.5MQ1 2025: $389.0MQ2 2025: $534.5MQ3 2025: $612.7MQ4 2025: $642.0MQ1 2026: $652.9MQ2 2026: $850.5M
Institutions holding BH and their total value by quarter
QuarterHoldersValue
Q2 2026113$850.5M
Q1 2026116$652.9M
Q4 2025106$642.0M
Q3 202597$612.7M
Q2 202592$534.5M
Q1 202575$389.0M
Q4 202475$454.5M
Q3 202469$293.0M
Q2 202472$328.7M
Q1 202468$320.7M
Q4 202368$278.2M
Q3 202367$275.8M
Q2 202372$330.1M
Q1 202372$279.2M
Q4 202260$226.8M
Q3 202256$189.0M
Q2 202263$202.5M
Q1 202267$243.1M
Q4 202165$244.7M
Q3 202176$289.8M
Q2 202172$268.1M
Q1 202170$226.0M

Institutions, Q2 2024

Shares, value and share of portfolio for each institution holding Biglari Holdings Inc.; share changes are against Q1 2024.

Institutions holding BH in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Biglari Capital Corp.1,349,071$260.9M39.71%00.0%Unchanged
Dimensional Fund Advisors LP89,803$17.4M0.00%+1,291+1.5%Added
BlackRock Inc.53,425$10.3M0.00%+520+1.0%Added
Vanguard Group Inc38,965$7.54M0.00%+10,032+34.7%Added
Nuveen Asset Management, LLC16,622$3.21M0.00%+134+0.8%Added
Geode Capital Management, LLC16,123$3.12M0.00%+490+3.1%Added
Bridgeway Capital Management, LLC14,916$2.88M0.07%+540+3.8%Added
State Street Corp12,755$2.47M0.00%+130+1.0%Added
Acuitas Investments, LLC12,536$2.42M1.30%−3,740−23.0%Reduced
Connor, Clark & Lunn Investment Management Ltd.11,785$2.28M0.01%+888+8.1%Added
Empowered Funds, LLC8,716$1.69M0.03%+540+6.6%Added
Northern Trust Corp7,971$1.54M0.00%−271−3.3%Reduced
Arrowstreet Capital, Limited Partnership7,652$1.48M0.00%00.0%Unchanged
Prudential Financial Inc6,834$1.32M0.00%−40−0.6%Reduced
Morgan Stanley4,704$909.7K0.00%+480+11.4%Added
Los Angeles Capital Management LLC4,330$837.3K0.00%−100−2.3%Reduced
Bank of New York Mellon Corp3,951$764.0K0.00%+130+3.4%Added
Martingale Asset Management L P3,284$635.1K0.01%00.0%Unchanged
O'Shaughnessy Asset Management, LLC3,150$609.1K0.01%+977+45.0%Added
STRS Ohio2,600$502.8K0.00%00.0%Unchanged
Gsa Capital Partners LLP2,516$487.0K0.03%+110+4.6%Added
Renaissance Technologies LLC2,386$461.4K0.00%+220+10.2%Added
Marquette Asset Management, LLC2,324$449.4K0.08%−746−24.3%Reduced
Rathbone Brothers plc2,300$444.8K0.00%00.0%Unchanged
Charles Schwab Investment Management Inc2,203$426.0K0.00%00.0%Unchanged
Assenagon Asset Management S.A.2,001$387.0K0.00%00.0%Unchanged
Bank of America Corp1,570$303.6K0.00%−32−2.0%Reduced
Ritholtz Wealth Management1,532$296.3K0.01%+441+40.4%Added
Jacobs Levy Equity Management, Inc1,451$280.6K0.00%00.0%Unchanged
Royal Bank of Canada1,448$279.0K0.00%+309+27.1%Added
LPL Financial LLC1,234$238.6K0.00%+28+2.3%Added
Jane Street Group, LLC1,148$222.0K0.00%+1,148New
Barclays PLC1,105$213.7K0.00%+48+4.5%Added
Rhumbline Advisers1,093$211.4K0.00%+11+1.0%Added
Russell Investments Group, Ltd.890$172.1K0.00%00.0%Unchanged
New York State Common Retirement Fund686$132.7K0.00%+1+0.1%Added
JPMorgan Chase & Co568$109.8K0.00%−1,336−70.2%Reduced
Globeflex Capital L P459$88.8K0.01%+459New
MetLife Investment Management445$86.1K0.00%+42+10.4%Added
Public Employees Retirement Association of Colorado398$77.0K0.00%00.0%Unchanged
Corebridge Financial, Inc.391$75.6K0.00%+391New
Mirae Asset Global ETFs Holdings Ltd.347$67.1K0.00%+347New
UBS Group AG334$64.6K0.00%−416−55.5%Reduced
Wells Fargo & Company320$61.9K0.00%+59+22.6%Added
Citigroup Inc190$36.7K0.00%+27+16.6%Added
Innealta Capital, LLC128$24.8K0.01%+128New
BNP Paribas Arbitrage, SA124$24.0K0.00%−232−65.2%Reduced
Tower Research Capital LLC (TRC)112$21.7K0.00%+64+133.3%Added
Wetzel Investment Advisors, Inc.96$18.2K0.01%00.0%Unchanged
Ameritas Investment Partners, Inc.80$15.5K0.00%00.0%Unchanged
Hoey Investments, Inc72$13.9K0.00%00.0%Unchanged
Comerica Bank70$13.5K0.00%00.0%Unchanged
Barrow Hanley Mewhinney & Strauss LLC67$13.0K0.00%00.0%Unchanged
Legal & General Group Plc65$12.4K0.00%00.0%Unchanged
FMR LLC55$10.6K0.00%+23+71.9%Added
California State Teachers Retirement System53$10.2K0.00%−21−28.4%Reduced
Larson Financial Group LLC50$9.67K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC40$7.74K0.00%00.0%Unchanged
North Star Investment Management Corp.26$5.03K0.00%00.0%Unchanged
Amalgamated Bank25$5.00K0.00%00.0%Unchanged
Global Retirement Partners, LLC19$3.67K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.16$3.09K0.00%00.0%Unchanged
Caitlin John, LLC15$2.90K0.00%+15New
Advisor Group Holdings, Inc.14$2.71K0.00%+9+180.0%Added
Qube Research & Technologies Ltd13$2.51K0.00%−42−76.4%Reduced
IFP Advisors, Inc12$2.32K0.00%00.0%Unchanged
TD Waterhouse Canada Inc.10$1.90K0.00%00.0%Unchanged
CWM, LLC3$1.00K0.00%+3New
Farther Finance Advisors, LLC4$7600.00%+4New
CIBC Private Wealth Group, LLC4$7400.00%+4New
UBS Asset Management Americas Inc2$3870.00%+2New
Salem Investment Counselors Inc1$1940.00%00.0%Unchanged
Two Sigma Advisers, LP0$00.00%−2,059−100.0%Sold out
Virtu Financial LLC0$00.00%−1,177−100.0%Sold out
Gladius Capital Management LP0$00.00%−449−100.0%Sold out
American International Group, Inc.0$00.00%−364−100.0%Sold out
Metropolitan Life Insurance Co0$00.00%−42−100.0%Sold out
Financial Synergies Wealth Advisors, Inc.0$00.00%−5−100.0%Sold out