Biglari Holdings Class B
105 hedge funds and large institutions have $732M invested in Biglari Holdings Class B in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 14 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.15% less ownership
Funds ownership: 137.76% → 132.62% (-5.1%)
7% less funds holding
Funds holding: 113 → 105 (-8)
8% less capital invested
Capital invested by funds: $795M → $732M (-$64M)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$43.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.03M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.98M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$732K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.89M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$2.67M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$2.4M |
| 4 |
Renaissance Technologies
New York
|
-$1.29M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.12M |
BH Hedge Fund Activity: Q2 2017 in Review
105 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q2 2017, worth a combined $732M — down 8% from $795M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BH and 7 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $43.6M. The largest seller was Ameriprise, cutting an estimated $2.89M.
- 105 institutional investors held Biglari Holdings Class B (BH) as of Q2 2017, down from 113 in Q1 2017.
- Funds reported $732M of Biglari Holdings Class B stock for Q2 2017, down 8% quarter-over-quarter.
- 7 funds opened new Biglari Holdings Class B positions in Q2 2017 and 14 closed out, a net change of -7 holders.
- The largest Biglari Holdings Class B buyer in Q2 2017 was Janus Henderson Group, an estimated $43.6M added.
- The largest Biglari Holdings Class B seller in Q2 2017 was Ameriprise, an estimated $2.89M sold.
Based on aggregated 13F filings for Q2 2017.