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Biglari Holdings Class A

21 hedge funds and large institutions have $147M invested in Biglari Holdings Class A in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

25% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 4

25% more capital invested

Capital invested by funds: $118M → $147M (+$29.3M)

17% more funds holding

Funds holding: 1821 (+3)

0.2% more ownership

Funds ownership: 83.83%84.03% (+0.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
21
Holders Change
+3
Holders Change %
+16.67%
% of All Funds
0.33%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
5
Reduced
4
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$121M
GI
2
GAMCO Investors
Connecticut
$11.6M -$130K -160 -1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$4.23M +$26.1K +32 +0.6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.93M -$62K -76 -2%
CCM
5
Check Capital Management
California
$1.95M +$1.63K +2 +0.1%
BlackRock
6
BlackRock
New York
$1.32M
GF
7
Gabelli Funds
New York
$1.25M
Millennium Management
8
Millennium Management
New York
$1.21M -$13.9K -17 -1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$542K +$7.34K +9 +1%
State Street
10
State Street
Massachusetts
$240K +$236K +289 New
Renaissance Technologies
11
Renaissance Technologies
New York
$225K +$220K +270 New
UBS Group
12
UBS Group
Switzerland
$51.5K +$50.5K +62 New
Morgan Stanley
13
Morgan Stanley
New York
$50.7K +$815 +1 +2%
Bank of America
14
Bank of America
North Carolina
$44K +$6.52K +8 +18%
TRCT
15
Tower Research Capital (TRC)
New York
$13K -$2.45K -3 -16%
RI
16
Ridgewood Investments
New Jersey
$4.16K +$4.08K +5 New
Wells Fargo
17
Wells Fargo
California
$2.5K
BC
18
Bartlett & Co
Ohio
$2K
BCWM
19
Bartlett & Co Wealth Management
Ohio
$1.66K
NSIM
20
North Star Investment Management
Illinois
$1.66K
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$1K
CCA
22
Column Capital Advisors
Indiana
-$689 -1 Closed

BH.A Hedge Fund Activity: Q1 2023 in Review

21 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q1 2023, worth a combined $147M — up 25% from $118M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new BH.A positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 4 trimmed.

The largest buyer was State Street, opening a new position worth an estimated $236K. The largest seller was GAMCO Investors, cutting an estimated $130K.

  • 21 institutional investors held Biglari Holdings Class A (BH.A) as of Q1 2023, up from 18 in Q4 2022.
  • Funds reported $147M of Biglari Holdings Class A stock for Q1 2023, up 25% quarter-over-quarter.
  • 4 funds opened new Biglari Holdings Class A positions in Q1 2023 and 1 closed out, a net change of +3 holders.
  • The largest Biglari Holdings Class A buyer in Q1 2023 was State Street, an estimated $236K added.
  • The largest Biglari Holdings Class A seller in Q1 2023 was GAMCO Investors, an estimated $130K sold.

Based on aggregated 13F filings for Q1 2023.