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

Dark Forest Capital Management’s Portfolio BH Stock Details BH Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		– Sell
-4,336
Closed -$1.43M – 809
2026
Q1 		$1.43M Buy
+4,336
New +$1.62M 0.13% 264
2023
Q2 		– Sell
-98
Closed -$16.6K – 1055
2023
Q1 		$16.6K Buy
+98
New +$16.2K ﹤0.01% 987

Other funds holding BH

BCC
Biglari Capital Corp San Antonio, Texas $1.19B AUM 36.76% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return
Two Sigma Investments
Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Marshall Wace
Marshall Wace London, United Kingdom $127B AUM 46.06% 1-Year Est. Return
Renaissance Technologies
Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Millennium Management
Millennium Management New York $276B AUM 44.8% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
TI
Trexquant Investment Stamford, Connecticut $17B AUM 39.66% 1-Year Est. Return

Dark Forest Capital Management's BH Position: Q2 2026 in Review

Dark Forest Capital Management sold out of Biglari Holdings Class B (BH) in Q2 2026, closing a stake of 4,336 shares — an estimated $1.43M sold.

Dark Forest Capital Management first reported a position in BH in Q1 2023 and held it in 2 quarters. The position peaked at $1.43M in Q1 2026. 115 funds tracked by Wall St. Rank hold BH as of Q2 2026.

  • Dark Forest Capital Management reported no remaining Biglari Holdings Class B position as of Q2 2026 after selling out during the quarter.
  • Dark Forest Capital Management sold 4,336 Biglari Holdings Class B shares in Q2 2026, an estimated $1.43M.
  • Dark Forest Capital Management first reported a position in Biglari Holdings Class B in Q1 2023 and held it in 2 quarters.
  • Dark Forest Capital Management's Biglari Holdings Class B position peaked at $1.43M in Q1 2026.
  • 115 funds tracked by Wall St. Rank held Biglari Holdings Class B as of Q2 2026.

Based on Dark Forest Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.