Yorktown Management & Research Company’s Biglari Holdings Class B BH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-775	Closed	-$234K	–	481
2014 Q1	$234K	Hold	775	–	–	0.04%	361
2013 Q4	$243K	Buy	+775	New	+$243K	0.05%	314