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Biglari Holdings Class A

41 hedge funds and large institutions have $111M invested in Biglari Holdings Class A in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more capital invested

Capital invested by funds: $90.4M → $111M (+$20.1M)

21% more funds holding

Funds holding: 3441 (+7)

0.85% more ownership

Funds ownership: 89.16%90.01% (+0.85%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

29% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 14

Holders
41
Holders Change
+7
Holders Change %
+20.59%
% of All Funds
0.73%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
10
Reduced
14
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$81.3M +$994K +1,864 +1%
GI
2
GAMCO Investors
Connecticut
$11.9M -$459K -860 -4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$3.17M -$14.4K -27 -0.5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$3.02M -$12.8K -24 -0.5%
BlackRock
5
BlackRock
New York
$3.02M -$26.1K -49 -0.9%
CCM
6
Check Capital Management
California
$1.13M -$9.6K -18 -0.9%
Jane Street
7
Jane Street
New York
$1.03M -$567K -1,063 -38%
GF
8
Gabelli Funds
New York
$980K
Millennium Management
9
Millennium Management
New York
$909K -$166K -311 -17%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$740K -$11.7K -22 -2%
State Street
11
State Street
Massachusetts
$618K +$148K +277 +36%
Northern Trust
12
Northern Trust
Illinois
$532K -$29.3K -55 -6%
PFBT
13
Parkside Financial Bank & Trust
Missouri
$380K
Axa
14
Axa
France
$265K +$242K +453 New
California Public Employees Retirement System
15
California Public Employees Retirement System
California
$232K +$212K +397 New
Charles Schwab
16
Charles Schwab
California
$227K +$206K +387 New
Invesco
17
Invesco
Georgia
$224K +$204K +383 New
Renaissance Technologies
18
Renaissance Technologies
New York
$211K +$192K +360 New
JP Morgan Chase
19
JP Morgan Chase
New York
$135K +$78.4K +147 +177%
New York State Common Retirement Fund
20
New York State Common Retirement Fund
New York
$109K -$60.8K -114 -38%
Wells Fargo
21
Wells Fargo
California
$72K +$21.9K +41 +50%
Bank of America
22
Bank of America
North Carolina
$69K +$8.54K +16 +16%
Morgan Stanley
23
Morgan Stanley
New York
$69K +$27.7K +52 +79%
California State Teachers Retirement System (CalSTRS)
24
California State Teachers Retirement System (CalSTRS)
California
$64K
UBS Group
25
UBS Group
Switzerland
$36K +$1.6K +3 +5%

BH.A Hedge Fund Activity: Q4 2020 in Review

41 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q4 2020, worth a combined $111M — up 22% from $90.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new BH.A positions and 0 closed out — a net gain of 7 holders — while 10 added to existing stakes and 14 trimmed.

The largest buyer was Biglari Capital Corp, adding an estimated $994K. The largest seller was Jane Street, cutting an estimated $567K.

  • 41 institutional investors held Biglari Holdings Class A (BH.A) as of Q4 2020, up from 34 in Q3 2020.
  • Funds reported $111M of Biglari Holdings Class A stock for Q4 2020, up 22% quarter-over-quarter.
  • 7 funds opened new Biglari Holdings Class A positions in Q4 2020 and 0 closed out, a net change of +7 holders.
  • The largest Biglari Holdings Class A buyer in Q4 2020 was Biglari Capital Corp, an estimated $994K added.
  • The largest Biglari Holdings Class A seller in Q4 2020 was Jane Street, an estimated $567K sold.

Based on aggregated 13F filings for Q4 2020.