Biglari Holdings Class A
BH.A
33 hedge funds and large institutions have $101M invested in Biglari Holdings Class A in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 16 reducing their positions, and 5 closing their positions.
4% more capital invested
Capital invested by funds: $96.6M → $101M (+$4.17M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.2% less ownership
Funds ownership: 86.72% → 85.52% (-1.2%)
8% less funds holding
Funds holding: 36 → 33 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
75% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$839K |
| 2 |
FM
Fondren Management
Houston,
Texas
|
+$426K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$8.11K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$3.55K |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$1.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$485K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$390K |
| 3 |
Millennium Management
New York
|
-$263K |
| 4 |
Goldman Sachs
New York
|
-$217K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCWM
26
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $1.12K | – | – | – |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | -$126K | -248 | -99% |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
BC
29
Bartlett & Co
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
FANJ
30
Financial Architects (New Jersey)
Marlton,
New Jersey
| $1K | – | – | – |
|
|
LWM
31
Lenox Wealth Management
Cincinnati,
Ohio
| $1K | – | – | – |
|
32
Barclays
London,
United Kingdom
| $1K | +$507 | +1 | New |
|
|
NSIM
33
North Star Investment Management
Chicago,
Illinois
| $1K | +$1.01K | +2 | New |
|
|
34
Goldman Sachs
New York
| – | -$217K | -409 | Closed |
|
|
PP
35
Paloma Partners
Greenwich,
Connecticut
| – | -$212K | -400 | Closed |
|
36
JP Morgan Chase
New York
| – | -$100K | -185 | Closed |
|
|
AG
37
Aperio Group
Sausalito,
California
| – | -$23K | -44 | Closed |
|
38
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$19K | -36 | Closed |
|
BH.A Hedge Fund Activity: Q3 2019 in Review
33 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q3 2019, worth a combined $101M — up 4.3% from $96.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BH.A and 2 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 4 added.
The largest buyer was GAMCO Investors, adding an estimated $839K. The largest seller was Vanguard Group, cutting an estimated $485K.
- 33 institutional investors held Biglari Holdings Class A (BH.A) as of Q3 2019, down from 36 in Q2 2019.
- Funds reported $101M of Biglari Holdings Class A stock for Q3 2019, up 4.3% quarter-over-quarter.
- 2 funds opened new Biglari Holdings Class A positions in Q3 2019 and 5 closed out, a net change of -3 holders.
- The largest Biglari Holdings Class A buyer in Q3 2019 was GAMCO Investors, an estimated $839K added.
- The largest Biglari Holdings Class A seller in Q3 2019 was Vanguard Group, an estimated $485K sold.
Based on aggregated 13F filings for Q3 2019.