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Biglari Holdings Class A

41 hedge funds and large institutions have $127M invested in Biglari Holdings Class A in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 10

14% more capital invested

Capital invested by funds: $111M → $127M (+$16M)

0% more funds holding

Funds holding: 4141 (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: 2 | Existing positions closed: 2

0.78% less ownership

Funds ownership: 90.01%89.23% (-0.78%)

Holders
41
Holders Change
Holders Change %
0%
% of All Funds
0.72%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
15
Reduced
10
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$94.3M +$410K +656 +0.5%
GI
2
GAMCO Investors
Connecticut
$12.5M -$1.17M -1,877 -9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$4.05M +$520K +832 +16%
BlackRock
4
BlackRock
New York
$3.6M +$106K +169 +3%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$3.46M -$182K -291 -5%
CCM
6
Check Capital Management
California
$1.35M +$40.6K +65 +3%
GF
7
Gabelli Funds
New York
$1.13M
Millennium Management
8
Millennium Management
New York
$1.03M -$17.5K -28 -2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$858K +$3.12K +5 +0.4%
Jane Street
10
Jane Street
New York
$794K -$362K -579 -33%
State Street
11
State Street
Massachusetts
$723K +$8.74K +14 +1%
Northern Trust
12
Northern Trust
Illinois
$582K -$29.4K -47 -5%
PFBT
13
Parkside Financial Bank & Trust
Missouri
$439K
Charles Schwab
14
Charles Schwab
California
$262K
Renaissance Technologies
15
Renaissance Technologies
New York
$257K +$12.5K +20 +6%
Wells Fargo
16
Wells Fargo
California
$249K +$153K +245 +199%
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$224K -$41.2K -66 -17%
JP Morgan Chase
18
JP Morgan Chase
New York
$149K -$6.25K -10 -4%
New York State Common Retirement Fund
19
New York State Common Retirement Fund
New York
$126K
Bank of America
20
Bank of America
North Carolina
$119K +$36.9K +59 +50%
California State Teachers Retirement System (CalSTRS)
21
California State Teachers Retirement System (CalSTRS)
California
$74K
UBS Group
22
UBS Group
Switzerland
$56K +$13.1K +21 +34%
Morgan Stanley
23
Morgan Stanley
New York
$44K -$32.5K -52 -44%
Barclays
24
Barclays
United Kingdom
$43K +$25.6K +41 +178%
Deutsche Bank
25
Deutsche Bank
Germany
$28K

BH.A Hedge Fund Activity: Q1 2021 in Review

41 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q1 2021, worth a combined $127M — up 14% from $111M a quarter earlier.

Fund positioning in BH.A was balanced in Q1 2021: 2 funds opened new positions, 2 closed out, 15 added to existing stakes and 10 trimmed.

The largest buyer was Vanguard Group, adding an estimated $520K. The largest seller was GAMCO Investors, cutting an estimated $1.17M.

  • 41 institutional investors held Biglari Holdings Class A (BH.A) as of Q1 2021, unchanged from Q4 2020.
  • Funds reported $127M of Biglari Holdings Class A stock for Q1 2021, up 14% quarter-over-quarter.
  • 2 funds opened new Biglari Holdings Class A positions in Q1 2021 and 2 closed out, a net change of 0 holders.
  • The largest Biglari Holdings Class A buyer in Q1 2021 was Vanguard Group, an estimated $520K added.
  • The largest Biglari Holdings Class A seller in Q1 2021 was GAMCO Investors, an estimated $1.17M sold.

Based on aggregated 13F filings for Q1 2021.