Ativo Capital Management’s Biglari Holdings Class B BH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-857	Closed	-$233K	–	225
2018 Q1	$233K	Buy	+857	New	+$233K	0.07%	216