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 2024
Institutional positions in Biglari Holdings Inc. as of Dec 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
- 75
- +6 vs. Q3 2024
- Shares held
- 1.79M
- +83.9K (+4.9%) vs. Q3 2024
- Total value
- $454.5M
- +$161.5M (+55.1%) vs. Q3 2024
- New holders
- 14
- 26 more added
- Sold out
- 8
- 14 more reduced
Compare with Q3 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, Q4 2024
Shares, value and share of portfolio for each institution holding Biglari Holdings Inc.; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Salem Investment Counselors Inc | 1 | $255 | 0.00% | 00.0% | Unchanged |
| Aster Capital Management (DIFC) Ltd | 2 | $509 | 0.00% | +2 | New |
| American Capital Advisory, LLC | 3 | $763 | 0.00% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 4 | $912 | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 5 | $1.27K | 0.00% | +5 | New |
| The PNC Financial Services Group, Inc. | 8 | $2.03K | 0.00% | −8−50.0% | Reduced |
| Smartleaf Asset Management LLC | 10 | $2.56K | 0.00% | +10 | New |
| Caitlin John, LLC | 15 | $3.81K | 0.00% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 19 | $4.83K | 0.00% | 00.0% | Unchanged |
| Moisand Fitzgerald Tamayo, LLC | 21 | $5.34K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 25 | $6.00K | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 26 | $6.61K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 26 | $7.00K | 0.00% | +19+271.4% | Added |
| Sterling Capital Management LLC | 34 | $8.65K | 0.00% | +21+161.5% | Added |
| Tower Research Capital LLC (TRC) | 46 | $11.7K | 0.00% | −18−28.1% | Reduced |
| Larson Financial Group LLC | 50 | $12.7K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 53 | $13.5K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 65 | $16.5K | 0.00% | 00.0% | Unchanged |
| Barrow Hanley Mewhinney & Strauss LLC | 67 | $17.0K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 70 | $17.8K | 0.00% | 00.0% | Unchanged |
| Hoey Investments, Inc | 72 | $18.3K | 0.00% | 00.0% | Unchanged |
| FMR LLC | 78 | $19.8K | 0.00% | +28+56.0% | Added |
| Ameritas Investment Partners, Inc. | 80 | $20.3K | 0.00% | 00.0% | Unchanged |
| Atticus Wealth Management, LLC | 100 | $25.4K | 0.01% | +100 | New |
| BNP Paribas Arbitrage, SA | 122 | $31.0K | 0.00% | −38−23.8% | Reduced |
| Deutsche Bank AG | 172 | $43.7K | 0.00% | +172 | New |
| Advisor Group Holdings, Inc. | 202 | $51.4K | 0.00% | +140+225.8% | Added |
| Corebridge Financial, Inc. | 362 | $92.1K | 0.00% | −27−6.9% | Reduced |
| Public Employees Retirement Association of Colorado | 398 | $101.0K | 0.00% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 402 | $102.2K | 0.00% | +8+2.0% | Added |
| Wells Fargo & Company | 427 | $108.6K | 0.00% | +94+28.2% | Added |
| SG Americas Securities, LLC | 454 | $115.0K | 0.00% | +454 | New |
| MetLife Investment Management | 459 | $116.7K | 0.00% | +459 | New |
| Citigroup Inc | 600 | $152.6K | 0.00% | +32+5.6% | Added |
| New York State Common Retirement Fund | 686 | $174.4K | 0.00% | 00.0% | Unchanged |
| Ethic Inc. | 806 | $205.0K | 0.00% | +806 | New |
| Alliancebernstein L.P. | 821 | $208.8K | 0.00% | +821 | New |
| Prudential Financial Inc | 834 | $212.1K | 0.00% | −620−42.6% | Reduced |
| Royal Bank of Canada | 1,009 | $256.0K | 0.00% | −160−13.7% | Reduced |
| LPL Financial LLC | 1,096 | $278.7K | 0.00% | +1,096 | New |
| Rhumbline Advisers | 1,139 | $289.6K | 0.00% | +104+10.0% | Added |
| UBS Group AG | 1,199 | $304.9K | 0.00% | +746+164.7% | Added |
| Bailard, Inc. | 1,207 | $306.9K | 0.01% | +1,207 | New |
| Bank of America Corp | 1,394 | $354.5K | 0.00% | −347−19.9% | Reduced |
| Ritholtz Wealth Management | 1,404 | $357.0K | 0.01% | +204+17.0% | Added |
| Jacobs Levy Equity Management, Inc | 1,451 | $369.0K | 0.00% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 1,828 | $464.8K | 0.00% | −1,530−45.6% | Reduced |
| Barclays PLC | 1,975 | $502.2K | 0.00% | +1+0.1% | Added |
| Marquette Asset Management, LLC | 2,116 | $538.1K | 0.09% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 2,169 | $552.0K | 0.04% | −270−11.1% | Reduced |
| STRS Ohio | 2,200 | $559.4K | 0.00% | +500+29.4% | Added |
| Rathbone Brothers plc | 2,300 | $584.9K | 0.00% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 2,327 | $591.7K | 0.00% | +124+5.6% | Added |
| Allspring Global Investments Holdings, LLC | 2,675 | $680.2K | 0.00% | +2,675 | New |
| O'Shaughnessy Asset Management, LLC | 2,759 | $701.6K | 0.01% | +306+12.5% | Added |
| Martingale Asset Management L P | 3,284 | $835.1K | 0.02% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 3,652 | $928.7K | 0.00% | +1,664+83.7% | Added |
| Los Angeles Capital Management LLC | 3,918 | $996.3K | 0.00% | −500−11.3% | Reduced |
| Morgan Stanley | 4,449 | $1.13M | 0.00% | −1,361−23.4% | Reduced |
| Renaissance Technologies LLC | 5,516 | $1.40M | 0.00% | +3,040+122.8% | Added |
| Northern Trust Corp | 7,798 | $1.98M | 0.00% | −220−2.7% | Reduced |
| Empowered Funds, LLC | 9,268 | $2.36M | 0.03% | +150+1.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 11,887 | $3.02M | 0.01% | +98+0.8% | Added |
| State Street Corp | 13,005 | $3.31M | 0.00% | +186+1.5% | Added |
| Arrowstreet Capital, Limited Partnership | 13,256 | $3.37M | 0.00% | +5,604+73.2% | Added |
| Peapod Lane Capital LLC | 14,571 | $3.71M | 3.67% | +14,571 | New |
| Bridgeway Capital Management, LLC | 15,468 | $3.93M | 0.09% | +150+1.0% | Added |
| Geode Capital Management, LLC | 15,684 | $3.99M | 0.00% | −355−2.2% | Reduced |
| Invesco Ltd. | 15,805 | $4.02M | 0.00% | +15,805 | New |
| JPMorgan Chase & Co | 16,135 | $4.10M | 0.00% | +15,290+1,809.5% | Added |
| Nuveen Asset Management, LLC | 16,821 | $4.28M | 0.00% | +164+1.0% | Added |
| Vanguard Group Inc | 37,461 | $9.53M | 0.00% | −3,655−8.9% | Reduced |
| BlackRock, Inc. | 55,405 | $14.1M | 0.00% | +307+0.6% | Added |
| Dimensional Fund Advisors LP | 91,469 | $23.3M | 0.01% | +573+0.6% | Added |
| Biglari Capital Corp. | 1,394,437 | $354.6M | 42.28% | +45,366+3.4% | Added |
| Acuitas Investments, LLC | 0 | $0 | 0.00% | −14,384−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −1,994−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −1,400−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −1,380−100.0% | Sold out |
| Russell Investments Group, Ltd. | 0 | $0 | 0.00% | −890−100.0% | Sold out |
| Nisa Investment Advisors, LLC | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| Farther Finance Advisors, LLC | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| Capital Performance Advisors LLP | 0 | $0 | 0.00% | −3−100.0% | Sold out |