Biglari Holdings Class B
70 hedge funds and large institutions have $226M invested in Biglari Holdings Class B in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
19% more capital invested
Capital invested by funds: $190M → $226M (+$35.6M)
11% more funds holding
Funds holding: 63 → 70 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.35% less ownership
Funds ownership: 82.61% → 82.26% (-0.35%)
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$821K |
| 2 |
Renaissance Technologies
New York
|
+$669K |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$543K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$533K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$352K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.53M |
| 2 |
CCM
Corsair Capital Management
New York
|
-$1.02M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$874K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$289K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$281K |
BH Hedge Fund Activity: Q1 2021 in Review
70 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q1 2021, worth a combined $226M — up 19% from $190M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BH positions and 2 closed out — a net gain of 7 holders — while 19 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $821K. The largest seller was AQR Capital Management, cutting an estimated $1.53M.
- 70 institutional investors held Biglari Holdings Class B (BH) as of Q1 2021, up from 63 in Q4 2020.
- Funds reported $226M of Biglari Holdings Class B stock for Q1 2021, up 19% quarter-over-quarter.
- 9 funds opened new Biglari Holdings Class B positions in Q1 2021 and 2 closed out, a net change of +7 holders.
- The largest Biglari Holdings Class B buyer in Q1 2021 was Morgan Stanley, an estimated $821K added.
- The largest Biglari Holdings Class B seller in Q1 2021 was AQR Capital Management, an estimated $1.53M sold.
Based on aggregated 13F filings for Q1 2021.