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Biglari Holdings Class A

19 hedge funds and large institutions have $167M invested in Biglari Holdings Class A in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $147M → $167M (+$19.9M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.43% less ownership

Funds ownership: 84.03%83.6% (-0.43%)

10% less funds holding

Funds holding: 2119 (-2)

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

71% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 7

Holders
19
Holders Change
-2
Holders Change %
-9.52%
% of All Funds
0.3%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
2
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$138M
GI
2
GAMCO Investors
Connecticut
$13M -$193K -209 -2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$4.77M -$59.2K -64 -1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$3.41M +$56.4K +61 +2%
CCM
5
Check Capital Management
California
$2.22M -$3.7K -4 -0.2%
BlackRock
6
BlackRock
New York
$1.51M
GF
7
Gabelli Funds
New York
$1.43M
Millennium Management
8
Millennium Management
New York
$916K -$432K -467 -33%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$442K -$161K -174 -27%
Renaissance Technologies
10
Renaissance Technologies
New York
$295K +$37K +40 +15%
State Street
11
State Street
Massachusetts
$275K
Morgan Stanley
12
Morgan Stanley
New York
$54.1K -$3.7K -4 -7%
Bank of America
13
Bank of America
North Carolina
$45.6K -$4.63K -5 -9%
RI
14
Ridgewood Investments
New Jersey
$4.75K
Wells Fargo
15
Wells Fargo
California
$2.85K
NSIM
16
North Star Investment Management
Illinois
$1.9K
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$1K
Fifth Third Bancorp
18
Fifth Third Bancorp
Ohio
$950 +$925 +1 New
PA
19
Parallel Advisors
California
$950 +$925 +1 New
UBS Group
20
UBS Group
Switzerland
-$51.5K -62 Closed
TRCT
21
Tower Research Capital (TRC)
New York
-$13K -16 Closed
BC
22
Bartlett & Co
Ohio
-$2K -2 Closed
BCWM
23
Bartlett & Co Wealth Management
Ohio
-$1.66K -2 Closed

BH.A Hedge Fund Activity: Q2 2023 in Review

19 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q2 2023, worth a combined $167M — up 14% from $147M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of BH.A and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 2 added.

The largest buyer was Vanguard Group, adding an estimated $56.4K. The largest seller was Millennium Management, cutting an estimated $432K.

  • 19 institutional investors held Biglari Holdings Class A (BH.A) as of Q2 2023, down from 21 in Q1 2023.
  • Funds reported $167M of Biglari Holdings Class A stock for Q2 2023, up 14% quarter-over-quarter.
  • 2 funds opened new Biglari Holdings Class A positions in Q2 2023 and 4 closed out, a net change of -2 holders.
  • The largest Biglari Holdings Class A buyer in Q2 2023 was Vanguard Group, an estimated $56.4K added.
  • The largest Biglari Holdings Class A seller in Q2 2023 was Millennium Management, an estimated $432K sold.

Based on aggregated 13F filings for Q2 2023.