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Biglari Holdings Class B

76 hedge funds and large institutions have $290M invested in Biglari Holdings Class B in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

8% more capital invested

Capital invested by funds: $268M → $290M (+$21.7M)

6% more funds holding

Funds holding: 7276 (+4)

0.24% more ownership

Funds ownership: 81.24%81.48% (+0.24%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

33% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 27

Holders
76
Holders Change
+4
Holders Change %
+5.56%
% of All Funds
1.33%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
18
Reduced
27
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$671K +$29.4K +175 +5%
WG
27
Winton Group
United Kingdom
$588K +$52.2K +310 +10%
OSAM
28
O'Shaughnessy Asset Management
Connecticut
$559K +$402K +2,388 +276%
ETC
29
Exchange Traded Concepts
Oklahoma
$520K +$12.6K +75 +3%
MAM
30
Marquette Asset Management
Minnesota
$515K
Invesco
31
Invesco
Georgia
$457K +$38.2K +227 +9%
Deutsche Bank
32
Deutsche Bank
Germany
$438K -$1.68K -10 -0.4%
Janney Montgomery Scott
33
Janney Montgomery Scott
Pennsylvania
$398K +$94.9K +564 +32%
State of Tennessee, Department of Treasury
34
State of Tennessee, Department of Treasury
Tennessee
$353K +$16.8K +100 +5%
PAM
35
Panagora Asset Management
Massachusetts
$319K
Charles Schwab
36
Charles Schwab
California
$296K -$798K -4,743 -73%
E
37
Ergoteles
New York
$295K -$2.19K -13 -2%
Barclays
38
Barclays
United Kingdom
$251K -$271K -1,611 -53%
AQR Capital Management
39
AQR Capital Management
Connecticut
$224K +$220K +1,305 New
RhumbLine Advisers
40
RhumbLine Advisers
Massachusetts
$221K -$16K -95 -7%
PPA
41
Parametric Portfolio Associates
Washington
$219K +$214K +1,272 New
TI
42
Trexquant Investment
Connecticut
$212K +$207K +1,233 New
State of Wisconsin Investment Board
43
State of Wisconsin Investment Board
Wisconsin
$206K +$202K +1,200 New
SG Americas Securities
44
SG Americas Securities
New York
$154K +$151K +898 New
Russell Investments Group
45
Russell Investments Group
United Kingdom
$152K
New York State Common Retirement Fund
46
New York State Common Retirement Fund
New York
$118K -$101K -602 -47%
JP Morgan Chase
47
JP Morgan Chase
New York
$109K -$96.4K -573 -47%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$86K -$106K -631 -56%
AIG
49
American International Group
New York
$76K -$1.85K -11 -2%
Public Employees Retirement Association of Colorado
50
Public Employees Retirement Association of Colorado
Colorado
$68K

BH Hedge Fund Activity: Q3 2021 in Review

76 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q3 2021, worth a combined $290M — up 8.1% from $268M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new BH positions and 6 closed out — a net gain of 4 holders — while 18 added to existing stakes and 27 trimmed.

The largest buyer was Biglari Capital Corp, adding an estimated $2.18M. The largest seller was GAMCO Investors, exiting entirely with an estimated $957K sold.

  • 76 institutional investors held Biglari Holdings Class B (BH) as of Q3 2021, up from 72 in Q2 2021.
  • Funds reported $290M of Biglari Holdings Class B stock for Q3 2021, up 8.1% quarter-over-quarter.
  • 10 funds opened new Biglari Holdings Class B positions in Q3 2021 and 6 closed out, a net change of +4 holders.
  • The largest Biglari Holdings Class B buyer in Q3 2021 was Biglari Capital Corp, an estimated $2.18M added.
  • The largest Biglari Holdings Class B seller in Q3 2021 was GAMCO Investors, an estimated $957K sold.

Based on aggregated 13F filings for Q3 2021.