LPL Financial
BH icon

LPL Financial’s Biglari Holdings Class B BH Stock Holding History

LPL Financial’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
Q1 		$372K Sell
1,130
-922
-45% -$345K ﹤0.01% 5032
2025
Q4 		$682K Buy
2,052
+138
+7% +$46.3K ﹤0.01% 4429
2025
Q3 		$619K Buy
1,914
+728
+61% +$222K ﹤0.01% 4448
2025
Q2 		$347K Buy
1,186
+14
+1% +$3.4K ﹤0.01% 4674
2025
Q1 		$254K Buy
1,172
+76
+7% +$17.3K ﹤0.01% 4692
2024
Q4 		$279K Buy
+1,096
New +$221K ﹤0.01% 4590
2024
Q3 		– Sell
-1,234
Closed -$239K – 5179
2024
Q2 		$239K Buy
1,234
+28
+2% +$5.5K ﹤0.01% 4432
2024
Q1 		$229K Sell
1,206
-458
-28% -$77.3K ﹤0.01% 4403
2023
Q4 		$274K Buy
+1,664
New +$257K ﹤0.01% 4160
2023
Q3 		– Sell
-1,376
Closed -$271K – 4697
2023
Q2 		$271K Sell
1,376
-47
-3% -$8.8K ﹤0.01% 3927
2023
Q1 		$241K Buy
+1,423
New +$235K ﹤0.01% 3907

Other funds holding BH

BCC
Biglari Capital Corp San Antonio, Texas $929M AUM 39.8% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Marshall Wace
Marshall Wace London, United Kingdom $100B AUM 35.1% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT) London, United Kingdom $89.9B AUM 20.22% 1-Year Est. Return
Renaissance Technologies
Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return
TI
Trexquant Investment Stamford, Connecticut $13.9B AUM 31.98% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
Jane Street
Jane Street New York $777B AUM 61.18% 1-Year Est. Return

LPL Financial's BH Position: Q1 2026 in Review

LPL Financial reduced its Biglari Holdings Class B (BH) stake by 45% in Q1 2026, selling an estimated $345K and leaving 1,130 shares worth $372K. The position accounts for ﹤0.01% of the portfolio, ranked #5032.

LPL Financial first reported a position in BH in Q1 2023 and has held it in 11 quarters since. The position peaked at $682K in Q4 2025. 117 funds tracked by Wall St. Rank hold BH as of Q1 2026.

  • LPL Financial held 1,130 shares of Biglari Holdings Class B worth $372K as of Q1 2026.
  • LPL Financial sold 922 Biglari Holdings Class B shares in Q1 2026, an estimated $345K.
  • Biglari Holdings Class B made up ﹤0.01% of LPL Financial's portfolio in Q1 2026, its #5032 holding.
  • LPL Financial first reported a position in Biglari Holdings Class B in Q1 2023 and has held it in 11 quarters since.
  • LPL Financial's Biglari Holdings Class B position peaked at $682K in Q4 2025.
  • 117 funds tracked by Wall St. Rank held Biglari Holdings Class B as of Q1 2026.

Based on LPL Financial's 13F filing for Q1 2026, filed 6 May 2026.