Marshall Wace’s Biglari Holdings Class B BH Stock Holding History

Marshall Wace’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	$10.6M	Buy	32,207 +31,503	+4,475%	+$11.8M	0.01%	952
2025 Q4	$234K	Buy	+704	New	+$236K	﹤0.01%	2541
2021 Q3	–	Sell	-3,476	Closed	-$554K	–	3029
2021 Q2	$554K	Buy	3,476 +1,586	+84%	+$244K	﹤0.01%	2084
2021 Q1	$251K	Sell	1,890 -301	-14%	-$37.8K	﹤0.01%	2185
2020 Q4	$244K	Buy	+2,191	New	+$225K	﹤0.01%	1705
2020 Q2	–	Sell	-2,524	Closed	-$130K	–	1561
2020 Q1	$130K	Buy	2,524 +1,496	+146%	+$147K	﹤0.01%	1273
2019 Q4	$118K	Buy	+1,028	New	+$105K	﹤0.01%	1429
2014 Q4	–	Sell	-6,000	Closed	-$1.36M	–	819
2014 Q3	$1.36M	Buy	+6,000	New	+$1.5M	0.02%	510

Other funds holding BH

BCC

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

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

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Qube Research & Technologies (QRT) London, United Kingdom $89.9B AUM 20.22% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Trexquant Investment Stamford, Connecticut $13.9B AUM 31.98% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Marshall Wace's BH Position: Q1 2026 in Review

Marshall Wace increased its Biglari Holdings Class B (BH) stake by 4,475% in Q1 2026, buying an estimated $11.8M and bringing the position to 32,207 shares worth $10.6M. The position accounts for 0.01% of the portfolio, ranked #952.

Marshall Wace first reported a position in BH in Q3 2014 and has held it in 8 quarters since. 117 funds tracked by Wall St. Rank hold BH as of Q1 2026.

Marshall Wace held 32,207 shares of Biglari Holdings Class B worth $10.6M as of Q1 2026.
Marshall Wace bought 31,503 Biglari Holdings Class B shares in Q1 2026, an estimated $11.8M.
Biglari Holdings Class B made up 0.01% of Marshall Wace's portfolio in Q1 2026, its #952 holding.
Marshall Wace first reported a position in Biglari Holdings Class B in Q3 2014 and has held it in 8 quarters since.
117 funds tracked by Wall St. Rank held Biglari Holdings Class B as of Q1 2026.

Based on Marshall Wace's 13F filing for Q1 2026, filed 15 May 2026.