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Biglari Holdings Class A

24 hedge funds and large institutions have $232M invested in Biglari Holdings Class A in 2024 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

58% more capital invested

Capital invested by funds: $147M → $232M (+$85.6M)

4% more funds holding

Funds holding: 2324 (+1)

2.89% more ownership

Funds ownership: 83.82%86.71% (+2.9%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

Holders
24
Holders Change
+1
Holders Change %
+4.35%
% of All Funds
0.32%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
2
Increased
3
Reduced
6
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$196M +$6.2M +5,857 +4%
GI
2
GAMCO Investors
Connecticut
$16.9M -$165K -156 -1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$6.55M +$7.41K +7 +0.1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$3.41M -$12.7K -12 -0.4%
CCM
5
Check Capital Management
California
$2.95M -$79.4K -75 -3%
GF
6
Gabelli Funds
New York
$2.08M
BlackRock
7
BlackRock
New York
$2.01M
Geode Capital Management
8
Geode Capital Management
Massachusetts
$787K +$81.5K +77 +14%
Renaissance Technologies
9
Renaissance Technologies
New York
$408K -$31.7K -30 -9%
State Street
10
State Street
Massachusetts
$368K
Goldman Sachs
11
Goldman Sachs
New York
$309K +$256K +242 New
Northern Trust
12
Northern Trust
Illinois
$204K +$169K +160 New
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$84.1K
Morgan Stanley
14
Morgan Stanley
New York
$74K
Bank of America
15
Bank of America
North Carolina
$44.6K
UBS Group
16
UBS Group
Switzerland
$10.2K -$1.06K -1 -11%
Comerica Bank
17
Comerica Bank
Texas
$8.93K
RI
18
Ridgewood Investments
New Jersey
$6.38K
TRCT
19
Tower Research Capital (TRC)
New York
$3.83K -$6.35K -6 -67%
MFT
20
Moisand Fitzgerald Tamayo
Florida
$2.55K
NSIM
21
North Star Investment Management
Illinois
$2.55K
AF
22
Allworth Financial
California
$2.16K
SCM
23
Sterling Capital Management
North Carolina
$1.27K
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$1K
Fidelity Investments
25
Fidelity Investments
Massachusetts
-$1.04K -1 Closed

BH.A Hedge Fund Activity: Q4 2024 in Review

24 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class A (BH.A) for Q4 2024, worth a combined $232M — up 58% from $147M a quarter earlier.

Buyers outnumbered sellers: 2 funds opened new BH.A positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 6 trimmed.

The largest buyer was Biglari Capital Corp, adding an estimated $6.2M. The largest seller was GAMCO Investors, cutting an estimated $165K.

  • 24 institutional investors held Biglari Holdings Class A (BH.A) as of Q4 2024, up from 23 in Q3 2024.
  • Funds reported $232M of Biglari Holdings Class A stock for Q4 2024, up 58% quarter-over-quarter.
  • 2 funds opened new Biglari Holdings Class A positions in Q4 2024 and 1 closed out, a net change of +1 holder.
  • The largest Biglari Holdings Class A buyer in Q4 2024 was Biglari Capital Corp, an estimated $6.2M added.
  • The largest Biglari Holdings Class A seller in Q4 2024 was GAMCO Investors, an estimated $165K sold.

Based on aggregated 13F filings for Q4 2024.