Biglari Sardar’s Ferrari RACE Stock Holding History

Biglari Sardar’s Portfolio RACE Stock Details RACE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$16.8M	Buy	49,600 +16,500	+50%	+$5.77M	32.98%	1
2025 Q4	$12.2M	Buy	33,100 +7,600	+30%	+$3.04M	25.3%	1
2025 Q3	$12.4M	Buy	25,500 +2,400	+10%	+$1.15M	24.92%	1
2025 Q2	$11.3M	Buy	23,100 +2,200	+11%	+$1.02M	24.05%	1
2025 Q1	$8.94M	Buy	20,900 +2,600	+14%	+$1.17M	20.23%	1
2024 Q4	$7.77M	Hold	18,300	–	–	17.74%	1
2024 Q3	$8.6M	Buy	18,300 +5,000	+38%	+$2.24M	18.27%	1
2024 Q2	$5.43M	Hold	13,300	–	–	18.41%	2
2024 Q1	$5.8M	Hold	13,300	–	–	18.85%	2
2023 Q4	$4.5M	Buy	13,300 +1,900	+17%	+$634K	15.67%	4
2023 Q3	$3.37M	Buy	11,400 +2,900	+34%	+$900K	13.94%	4
2023 Q2	$2.76M	Hold	8,500	–	–	11.09%	4
2023 Q1	$2.3M	Hold	8,500	–	–	9.49%	6
2022 Q4	$1.82M	Hold	8,500	–	–	9.68%	6
2022 Q3	$1.57M	Buy	+8,500	New	+$1.69M	8.88%	6

Other funds holding RACE

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Amundi Paris, France $367B AUM 31.23% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

BOI

Bank of Italy Rome, Italy $2.21B AUM 9.01% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Biglari Sardar's RACE Position: Q1 2026 in Review

Biglari Sardar increased its Ferrari (RACE) stake by 50% in Q1 2026, buying an estimated $5.77M and bringing the position to 49,600 shares worth $16.8M. The position accounts for 32.98% of the portfolio, ranked #1.

Biglari Sardar first reported a position in RACE in Q3 2022 and has held it in 15 quarters since. 713 funds tracked by Wall St. Rank hold RACE as of Q1 2026.

Biglari Sardar held 49,600 shares of Ferrari worth $16.8M as of Q1 2026.
Biglari Sardar bought 16,500 Ferrari shares in Q1 2026, an estimated $5.77M.
Ferrari made up 32.98% of Biglari Sardar's portfolio in Q1 2026, its #1 holding.
Biglari Sardar first reported a position in Ferrari in Q3 2022 and has held it in 15 quarters since.
713 funds tracked by Wall St. Rank held Ferrari as of Q1 2026.

Based on Biglari Sardar's 13F filing for Q1 2026, filed 15 May 2026.