First Manhattan’s Biglari Holdings Class B BH Stock Holding History

First Manhattan’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
2018 Q3	–	Sell	-350	Closed	-$64K	–	1391
2018 Q2	$64K	Sell	350 -175	-33%	-$39.7K	﹤0.01%	908
2018 Q1	$142K	Hold	525	–	–	﹤0.01%	738
2017 Q4	$145K	Hold	525	–	–	﹤0.01%	781
2017 Q3	$116K	Buy	+525	New	+$119K	﹤0.01%	780

Other funds holding BH

BCC

Biglari Capital Corp San Antonio, Texas $929M AUM 39.8% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $10.2B AUM 30.27% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

RRAM

River Road Asset Management Louisville, Kentucky $8.99B AUM 12.83% 1-Year Est. Return

ICM

Intrepid Capital Management Jacksonville Beach, Florida $261M AUM 20.02% 1-Year Est. Return

Fondren Management Houston, Texas $16.9M AUM 5.82% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

First Manhattan's BH Position: Q3 2018 in Review

First Manhattan sold out of Biglari Holdings Class B (BH) in Q3 2018, closing a stake of 350 shares — an estimated $64K sold.

First Manhattan first reported a position in BH in Q3 2017 and held it in 4 quarters. The position peaked at $145K in Q4 2017. 76 funds tracked by Wall St. Rank hold BH as of Q3 2018.

First Manhattan reported no remaining Biglari Holdings Class B position as of Q3 2018 after selling out during the quarter.
First Manhattan sold 350 Biglari Holdings Class B shares in Q3 2018, an estimated $64K.
First Manhattan first reported a position in Biglari Holdings Class B in Q3 2017 and held it in 4 quarters.
First Manhattan's Biglari Holdings Class B position peaked at $145K in Q4 2017.
76 funds tracked by Wall St. Rank held Biglari Holdings Class B as of Q3 2018.

Based on First Manhattan's 13F filing for Q3 2018, filed 15 Oct 2018.