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Biglari Holdings Class A

36 hedge funds and large institutions have $61.6M invested in Biglari Holdings Class A in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 5

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

24% more funds holding

Funds holding: 2936 (+7)

13% more capital invested

Capital invested by funds: $54.8M → $61.6M (+$6.87M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.2% less ownership

Funds ownership: 87.78%87.59% (-0.2%)

Holders
36
Holders Change
+7
Holders Change %
+24.14%
% of All Funds
0.74%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
14
Reduced
5
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$44.6M
GI
2
GAMCO Investors
Connecticut
$7.06M +$765K +2,268 +12%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$1.87M -$200K -593 -10%
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.78M -$530K -1,570 -23%
BlackRock
5
BlackRock
New York
$1.24M +$605K +1,794 +94%
Jane Street
6
Jane Street
New York
$927K -$33.1K -98 -3%
Millennium Management
7
Millennium Management
New York
$632K +$275K +814 +76%
GF
8
Gabelli Funds
New York
$570K -$540K -1,600 -48%
FM
9
Fondren Management
Texas
$506K -$40.1K -119 -7%
CCM
10
Check Capital Management
California
$499K +$55.7K +165 +12%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$425K +$181K +537 +73%
Northern Trust
12
Northern Trust
Illinois
$343K +$79.9K +237 +30%
TRCT
13
Tower Research Capital (TRC)
New York
$327K +$307K +909 +1,377%
State Street
14
State Street
Massachusetts
$261K +$263K +780 New
PFBT
15
Parkside Financial Bank & Trust
Missouri
$218K +$219K +650 New
New York State Common Retirement Fund
16
New York State Common Retirement Fund
New York
$101K +$101K +300 New
California State Teachers Retirement System (CalSTRS)
17
California State Teachers Retirement System (CalSTRS)
California
$37K +$37.1K +110 New
Bank of America
18
Bank of America
North Carolina
$36K +$5.4K +16 +17%
UBS Group
19
UBS Group
Switzerland
$32K +$27.7K +82 +683%
Morgan Stanley
20
Morgan Stanley
New York
$27K +$5.74K +17 +27%
JP Morgan Chase
21
JP Morgan Chase
New York
$22K +$22.3K +66 New
AIG
22
American International Group
New York
$15K +$15.2K +45 New
Deutsche Bank
23
Deutsche Bank
Germany
$14K +$11.1K +33 +330%
Wells Fargo
24
Wells Fargo
California
$14K +$13.2K +39 +975%
Barclays
25
Barclays
United Kingdom
$12K +$12.1K +36 New

BH.A Hedge Fund Activity: Q2 2020 in Review

36 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q2 2020, worth a combined $61.6M — up 13% from $54.8M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new BH.A positions and 4 closed out — a net gain of 7 holders — while 14 added to existing stakes and 5 trimmed.

The largest buyer was GAMCO Investors, adding an estimated $765K. The largest seller was River Road Asset Management, exiting entirely with an estimated $1.24M sold.

  • 36 institutional investors held Biglari Holdings Class A (BH.A) as of Q2 2020, up from 29 in Q1 2020.
  • Funds reported $61.6M of Biglari Holdings Class A stock for Q2 2020, up 13% quarter-over-quarter.
  • 11 funds opened new Biglari Holdings Class A positions in Q2 2020 and 4 closed out, a net change of +7 holders.
  • The largest Biglari Holdings Class A buyer in Q2 2020 was GAMCO Investors, an estimated $765K added.
  • The largest Biglari Holdings Class A seller in Q2 2020 was River Road Asset Management, an estimated $1.24M sold.

Based on aggregated 13F filings for Q2 2020.