Biglari Holdings Class A
BH.A
19 hedge funds and large institutions have $139M invested in Biglari Holdings Class A in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
6% more funds holding
Funds holding: 18 → 19 (+1)
0.2% more ownership
Funds ownership: 83.4% → 83.61% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $146M → $139M (-$6.96M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$849K |
| 2 |
Morgan Stanley
New York
|
+$45.6K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$34.8K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$23.2K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$17.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$595K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$61.1K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$37.9K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$15.5K |
| 5 |
CCM
Check Capital Management
Costa Mesa,
California
|
-$7.73K |
BH.A Hedge Fund Activity: Q4 2023 in Review
19 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q4 2023, worth a combined $139M — down 4.8% from $146M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BH.A positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Biglari Capital Corp, adding an estimated $849K. The largest seller was Millennium Management, exiting entirely with an estimated $595K sold.
- 19 institutional investors held Biglari Holdings Class A (BH.A) as of Q4 2023, up from 18 in Q3 2023.
- Funds reported $139M of Biglari Holdings Class A stock for Q4 2023, down 4.8% quarter-over-quarter.
- 3 funds opened new Biglari Holdings Class A positions in Q4 2023 and 2 closed out, a net change of +1 holder.
- The largest Biglari Holdings Class A buyer in Q4 2023 was Biglari Capital Corp, an estimated $849K added.
- The largest Biglari Holdings Class A seller in Q4 2023 was Millennium Management, an estimated $595K sold.
Based on aggregated 13F filings for Q4 2023.