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, Q3 2024
Institutional positions in Biglari Holdings Inc. as of Sep 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
- 69
- −2 vs. Q2 2024
- Shares held
- 1.70M
- +57.0K (+3.5%) vs. Q2 2024
- Total value
- $293.0M
- −$25.4M (−8.0%) vs. Q2 2024
- New holders
- 8
- 22 more added
- Sold out
- 10
- 14 more reduced
1 institution that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| 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, Q3 2024
Shares, value and share of portfolio for each institution holding Biglari Holdings Inc.; share changes are against Q2 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Biglari Capital Corp. | 1,349,071 | $232.1M | 35.62% | 00.0% | Unchanged |
| Dimensional Fund Advisors LP | 90,896 | $15.6M | 0.00% | +1,093+1.2% | Added |
| BlackRock, Inc. | 55,098 | $9.48M | 0.00% | +55,098 | New |
| Vanguard Group Inc | 41,116 | $7.07M | 0.00% | +2,151+5.5% | Added |
| Nuveen Asset Management, LLC | 16,657 | $2.87M | 0.00% | +35+0.2% | Added |
| Geode Capital Management, LLC | 16,039 | $2.76M | 0.00% | −84−0.5% | Reduced |
| Bridgeway Capital Management, LLC | 15,318 | $2.63M | 0.06% | +402+2.7% | Added |
| Acuitas Investments, LLC | 14,384 | $2.47M | 1.10% | +1,848+14.7% | Added |
| State Street Corp | 12,819 | $2.20M | 0.00% | +64+0.5% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 11,789 | $2.03M | 0.01% | +40.0% | Added |
| Empowered Funds, LLC | 9,118 | $1.57M | 0.02% | +402+4.6% | Added |
| Northern Trust Corp | 8,018 | $1.38M | 0.00% | +47+0.6% | Added |
| Arrowstreet Capital, Limited Partnership | 7,652 | $1.32M | 0.00% | 00.0% | Unchanged |
| Morgan Stanley | 5,810 | $999.5K | 0.00% | +1,106+23.5% | Added |
| Los Angeles Capital Management LLC | 4,418 | $759.9K | 0.00% | +88+2.0% | Added |
| Bank of New York Mellon Corp | 3,358 | $577.6K | 0.00% | −593−15.0% | Reduced |
| Martingale Asset Management L P | 3,284 | $564.9K | 0.01% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 2,476 | $425.9K | 0.00% | +90+3.8% | Added |
| Gsa Capital Partners LLP | 2,439 | $420.0K | 0.03% | −77−3.1% | Reduced |
| O'Shaughnessy Asset Management, LLC | 2,453 | $417.2K | 0.00% | −697−22.1% | Reduced |
| Rathbone Brothers plc | 2,300 | $395.6K | 0.00% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 2,203 | $378.9K | 0.00% | 00.0% | Unchanged |
| Marquette Asset Management, LLC | 2,116 | $364.0K | 0.06% | −208−9.0% | Reduced |
| Assenagon Asset Management S.A. | 1,994 | $343.0K | 0.00% | −7−0.3% | Reduced |
| Goldman Sachs Group Inc | 1,988 | $342.0K | 0.00% | +1,988 | New |
| Barclays PLC | 1,974 | $339.5K | 0.00% | +869+78.6% | Added |
| Bank of America Corp | 1,741 | $299.5K | 0.00% | +171+10.9% | Added |
| STRS Ohio | 1,700 | $292.4K | 0.00% | −900−34.6% | Reduced |
| Prudential Financial Inc | 1,454 | $250.1K | 0.00% | −5,380−78.7% | Reduced |
| Jacobs Levy Equity Management, Inc | 1,451 | $249.6K | 0.00% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 1,400 | $240.8K | 0.00% | +1,400 | New |
| Citadel Advisors LLC | 1,380 | $237.4K | 0.00% | +1,380 | New |
| Ritholtz Wealth Management | 1,200 | $206.4K | 0.01% | −332−21.7% | Reduced |
| Royal Bank of Canada | 1,169 | $201.0K | 0.00% | −279−19.3% | Reduced |
| Rhumbline Advisers | 1,035 | $178.0K | 0.00% | −58−5.3% | Reduced |
| Russell Investments Group, Ltd. | 890 | $153.1K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 845 | $145.3K | 0.00% | +277+48.8% | Added |
| New York State Common Retirement Fund | 686 | $118.0K | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 568 | $97.7K | 0.00% | +378+198.9% | Added |
| UBS Group AG | 453 | $77.9K | 0.00% | +119+35.6% | Added |
| Public Employees Retirement Association of Colorado | 398 | $68.0K | 0.00% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 394 | $67.8K | 0.00% | +47+13.5% | Added |
| Corebridge Financial, Inc. | 389 | $66.9K | 0.00% | −2−0.5% | Reduced |
| Wells Fargo & Company | 333 | $57.3K | 0.00% | +13+4.1% | Added |
| BNP Paribas Arbitrage, SA | 160 | $27.5K | 0.00% | +36+29.0% | Added |
| Hoey Investments, Inc | 72 | $13.9K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 80 | $13.8K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 70 | $12.0K | 0.00% | 00.0% | Unchanged |
| Barrow Hanley Mewhinney & Strauss LLC | 67 | $11.5K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 65 | $11.2K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 64 | $11.0K | 0.00% | −48−42.9% | Reduced |
| Advisor Group Holdings, Inc. | 62 | $10.7K | 0.00% | +48+342.9% | Added |
| California State Teachers Retirement System | 53 | $9.12K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 50 | $8.60K | 0.00% | 00.0% | Unchanged |
| FMR LLC | 50 | $8.56K | 0.00% | −5−9.1% | Reduced |
| Nisa Investment Advisors, LLC | 40 | $6.88K | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 26 | $4.47K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 25 | $4.00K | 0.00% | 00.0% | Unchanged |
| Moisand Fitzgerald Tamayo, LLC | 21 | $3.61K | 0.00% | +21 | New |
| Global Retirement Partners, LLC | 19 | $3.27K | 0.00% | 00.0% | Unchanged |
| Caitlin John, LLC | 15 | $3.06K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 16 | $2.75K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 13 | $2.24K | 0.00% | +13 | New |
| CWM, LLC | 7 | $1.00K | 0.00% | +4+133.3% | Added |
| Farther Finance Advisors, LLC | 4 | $688 | 0.00% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 4 | $688 | 0.00% | 00.0% | Unchanged |
| American Capital Advisory, LLC | 3 | $517 | 0.00% | +3 | New |
| Capital Performance Advisors LLP | 3 | $516 | 0.00% | +3 | New |
| Salem Investment Counselors Inc | 1 | $173 | 0.00% | 00.0% | Unchanged |
| LPL Financial LLC | 0 | $0 | 0.00% | −1,234−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −1,148−100.0% | Sold out |
| Globeflex Capital L P | 0 | $0 | 0.00% | −459−100.0% | Sold out |
| MetLife Investment Management | 0 | $0 | 0.00% | −445−100.0% | Sold out |
| Innealta Capital, LLC | 0 | $0 | 0.00% | −128−100.0% | Sold out |
| Wetzel Investment Advisors, Inc. | 0 | $0 | 0.00% | −96−100.0% | Sold out |
| Qube Research & Technologies Ltd | 0 | $0 | 0.00% | −13−100.0% | Sold out |
| IFP Advisors, Inc | 0 | $0 | 0.00% | −12−100.0% | Sold out |
| TD Waterhouse Canada Inc. | 0 | $0 | 0.00% | −10−100.0% | Sold out |
| UBS Asset Management Americas Inc | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| BlackRock Inc. | – | – | – | – | Not filed |