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Biglari Holdings Class A

33 hedge funds and large institutions have $144M invested in Biglari Holdings Class A in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $127M → $144M (+$17M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.46% less ownership

Funds ownership: 89.23%87.76% (-1.5%)

20% less funds holding

Funds holding: 4133 (-8)

59% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 17

80% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 10

Holders
33
Holders Change
-8
Holders Change %
-19.51%
% of All Funds
0.57%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
7
Reduced
17
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$112M +$3.31M +4,286 +3%
GI
2
GAMCO Investors
Connecticut
$13.1M -$1.3M -1,678 -9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$4.57M -$103K -133 -2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$3.87M -$120K -155 -3%
Millennium Management
5
Millennium Management
New York
$2.54M +$1.34M +1,737 +114%
CCM
6
Check Capital Management
California
$1.78M +$228K +295 +15%
BlackRock
7
BlackRock
New York
$1.25M -$2.87M -3,715 -70%
GF
8
Gabelli Funds
New York
$1.21M -$96.6K -125 -7%
Jane Street
9
Jane Street
New York
$975K +$58.7K +76 +6%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$561K -$425K -550 -43%
PFBT
11
Parkside Financial Bank & Trust
Missouri
$506K
State Street
12
State Street
Massachusetts
$314K -$516K -668 -62%
Renaissance Technologies
13
Renaissance Technologies
New York
$304K +$7.72K +10 +3%
E
14
Ergoteles
New York
$241K +$239K +310 New
Bank of America
15
Bank of America
North Carolina
$82K -$54.8K -71 -40%
Morgan Stanley
16
Morgan Stanley
New York
$56K +$3.86K +5 +8%
Barclays
17
Barclays
United Kingdom
$24K -$26.3K -34 -53%
TRCT
18
Tower Research Capital (TRC)
New York
$23K +$10K +13 +76%
BNP Paribas Financial Markets
19
BNP Paribas Financial Markets
France
$20.3K -$10.8K -14 -35%
JP Morgan Chase
20
JP Morgan Chase
New York
$7K -$163K -211 -96%
Optiver Holding
21
Optiver Holding
Netherlands
$6K +$6.18K +8 New
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$5K -$12.4K -16 -73%
HI
23
Harbour Investments
Wisconsin
$5K
PAM
24
Panagora Asset Management
Massachusetts
$5K
UBS Group
25
UBS Group
Switzerland
$3K -$61K -79 -95%

BH.A Hedge Fund Activity: Q2 2021 in Review

33 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q2 2021, worth a combined $144M — up 13% from $127M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of BH.A and 2 opened new positions — a net loss of 8 holders — while 17 trimmed existing stakes and 7 added.

The largest buyer was Biglari Capital Corp, adding an estimated $3.31M. The largest seller was BlackRock, cutting an estimated $2.87M.

  • 33 institutional investors held Biglari Holdings Class A (BH.A) as of Q2 2021, down from 41 in Q1 2021.
  • Funds reported $144M of Biglari Holdings Class A stock for Q2 2021, up 13% quarter-over-quarter.
  • 2 funds opened new Biglari Holdings Class A positions in Q2 2021 and 10 closed out, a net change of -8 holders.
  • The largest Biglari Holdings Class A buyer in Q2 2021 was Biglari Capital Corp, an estimated $3.31M added.
  • The largest Biglari Holdings Class A seller in Q2 2021 was BlackRock, an estimated $2.87M sold.

Based on aggregated 13F filings for Q2 2021.