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Biglari Holdings Class A

29 hedge funds and large institutions have $54.8M invested in Biglari Holdings Class A in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 2929 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

0.14% less ownership

Funds ownership: 87.92%87.78% (-0.14%)

51% less capital invested

Capital invested by funds: $111M → $54.8M (-$56M)

Holders
29
Holders Change
Holders Change %
0%
% of All Funds
0.64%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
8
Reduced
8
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$39.6M
GI
2
GAMCO Investors
Connecticut
$5.59M +$1.01M +1,863 +11%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.05M -$776K -1,424 -17%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$1.83M +$118K +216 +4%
RRAM
5
River Road Asset Management
Kentucky
$1.24M -$771K -1,415 -25%
GF
6
Gabelli Funds
New York
$980K +$64.8K +119 +4%
Jane Street
7
Jane Street
New York
$851K +$1.56M +2,866 New
BlackRock
8
BlackRock
New York
$570K
FM
9
Fondren Management
Texas
$484K +$98K +180 +12%
CCM
10
Check Capital Management
California
$394K +$19.1K +35 +3%
TA
11
Teton Advisors
New York
$338K -$218K -400 -26%
Millennium Management
12
Millennium Management
New York
$318K -$114K -210 -16%
Northern Trust
13
Northern Trust
Illinois
$234K +$4.36K +8 +1%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$217K +$4.36K +8 +1%
Bank of America
15
Bank of America
North Carolina
$27K -$68.6K -126 -58%
TRCT
16
Tower Research Capital (TRC)
New York
$20K -$82.8K -152 -70%
Morgan Stanley
17
Morgan Stanley
New York
$19K
Public Employees Retirement Association of Colorado
18
Public Employees Retirement Association of Colorado
Colorado
$15K
TRSOTSOK
19
Teachers Retirement System of the State of Kentucky
Kentucky
$8K
UBS Group
20
UBS Group
Switzerland
$4K -$145K -267 -96%
Deutsche Bank
21
Deutsche Bank
Germany
$3K +$5.45K +10 New
Legal & General Group
22
Legal & General Group
United Kingdom
$1K -$5.45K -10 -71%
FANJ
23
Financial Architects (New Jersey)
New Jersey
$1K
NSIM
24
North Star Investment Management
Illinois
$1K
Wells Fargo
25
Wells Fargo
California
$1K +$545 +1 +33%

BH.A Hedge Fund Activity: Q1 2020 in Review

29 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q1 2020, worth a combined $54.8M — down 51% from $111M a quarter earlier.

Fund positioning in BH.A was balanced in Q1 2020: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 8 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $1.56M. The largest seller was Vanguard Group, cutting an estimated $776K.

  • 29 institutional investors held Biglari Holdings Class A (BH.A) as of Q1 2020, unchanged from Q4 2019.
  • Funds reported $54.8M of Biglari Holdings Class A stock for Q1 2020, down 51% quarter-over-quarter.
  • 3 funds opened new Biglari Holdings Class A positions in Q1 2020 and 3 closed out, a net change of 0 holders.
  • The largest Biglari Holdings Class A buyer in Q1 2020 was Jane Street, an estimated $1.56M added.
  • The largest Biglari Holdings Class A seller in Q1 2020 was Vanguard Group, an estimated $776K sold.

Based on aggregated 13F filings for Q1 2020.