Biglari Holdings Class A
BH.A
57 hedge funds and large institutions have $168M invested in Biglari Holdings Class A in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.46% less ownership
Funds ownership: 87.39% → 86.93% (-0.46%)
4% less capital invested
Capital invested by funds: $174M → $168M (-$6.18M)
12% less funds holding
Funds holding: 65 → 57 (-8)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$2.25M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
+$1.32M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$709K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$489K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$1.67M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.48M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$991K |
| 4 |
ICM
Intrepid Capital Management
Jacksonville Beach,
Florida
|
-$780K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$370K |
BH.A Hedge Fund Activity: Q3 2018 in Review
57 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q3 2018, worth a combined $168M — down 3.5% from $174M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BH.A and 3 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 18 added.
The largest buyer was GAMCO Investors, adding an estimated $2.25M. The largest seller was J. Goldman & Co, exiting entirely with an estimated $1.67M sold.
- 57 institutional investors held Biglari Holdings Class A (BH.A) as of Q3 2018, down from 65 in Q2 2018.
- Funds reported $168M of Biglari Holdings Class A stock for Q3 2018, down 3.5% quarter-over-quarter.
- 3 funds opened new Biglari Holdings Class A positions in Q3 2018 and 11 closed out, a net change of -8 holders.
- The largest Biglari Holdings Class A buyer in Q3 2018 was GAMCO Investors, an estimated $2.25M added.
- The largest Biglari Holdings Class A seller in Q3 2018 was J. Goldman & Co, an estimated $1.67M sold.
Based on aggregated 13F filings for Q3 2018.