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Biglari Holdings Class A

26 hedge funds and large institutions have $151M invested in Biglari Holdings Class A in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $144M → $151M (+$7.01M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.31% less ownership

Funds ownership: 87.76%87.45% (-0.31%)

21% less funds holding

Funds holding: 3326 (-7)

50% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 10

88% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 8

Holders
26
Holders Change
-7
Holders Change %
-21.21%
% of All Funds
0.46%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
1
Increased
5
Reduced
10
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$119M +$1.33M +1,618 +1%
GI
2
GAMCO Investors
Connecticut
$13M -$763K -930 -6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$4.8M -$14.8K -18 -0.3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$4.01M -$61.6K -75 -2%
Millennium Management
5
Millennium Management
New York
$2.31M -$366K -446 -14%
CCM
6
Check Capital Management
California
$1.88M +$4.1K +5 +0.2%
BlackRock
7
BlackRock
New York
$1.33M +$9.03K +11 +0.7%
GF
8
Gabelli Funds
New York
$1.23M -$41K -50 -3%
Jane Street
9
Jane Street
New York
$804K -$222K -271 -22%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$591K
Axa
11
Axa
France
$393K +$393K +479 New
State Street
12
State Street
Massachusetts
$330K
Renaissance Technologies
13
Renaissance Technologies
New York
$230K -$90.3K -110 -28%
Bank of America
14
Bank of America
North Carolina
$220K +$134K +163 +155%
Morgan Stanley
15
Morgan Stanley
New York
$55K -$3.28K -4 -6%
BNP Paribas Financial Markets
16
BNP Paribas Financial Markets
France
$21.3K
UBS Group
17
UBS Group
Switzerland
$14K +$11.5K +14 +350%
Optiver Holding
18
Optiver Holding
Netherlands
$7K
Barclays
19
Barclays
United Kingdom
$5K -$19.7K -24 -80%
BC
20
Bartlett & Co
Ohio
$2K
CCA
21
Column Capital Advisors
Indiana
$2K
NSIM
22
North Star Investment Management
Illinois
$2K
TRSOTSOK
23
Teachers Retirement System of the State of Kentucky
Kentucky
$2K
Wells Fargo
24
Wells Fargo
California
$2K
BCWM
25
Bartlett & Co Wealth Management
Ohio
$1.64K

BH.A Hedge Fund Activity: Q3 2021 in Review

26 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q3 2021, worth a combined $151M — up 4.9% from $144M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of BH.A and 1 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 5 added.

The largest buyer was Biglari Capital Corp, adding an estimated $1.33M. The largest seller was GAMCO Investors, cutting an estimated $763K.

  • 26 institutional investors held Biglari Holdings Class A (BH.A) as of Q3 2021, down from 33 in Q2 2021.
  • Funds reported $151M of Biglari Holdings Class A stock for Q3 2021, up 4.9% quarter-over-quarter.
  • 1 fund opened new Biglari Holdings Class A positions in Q3 2021 and 8 closed out, a net change of -7 holders.
  • The largest Biglari Holdings Class A buyer in Q3 2021 was Biglari Capital Corp, an estimated $1.33M added.
  • The largest Biglari Holdings Class A seller in Q3 2021 was GAMCO Investors, an estimated $763K sold.

Based on aggregated 13F filings for Q3 2021.