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Biglari Holdings Class B

67 hedge funds and large institutions have $243M invested in Biglari Holdings Class B in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 32 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

3% more funds holding

Funds holding: 6567 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $245M → $243M (-$1.53M)

1.71% less ownership

Funds ownership: 82.89%81.18% (-1.7%)

72% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 32

Holders
67
Holders Change
+2
Holders Change %
+3.08%
% of All Funds
1.06%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
9
Reduced
32
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$359K -$196K -1,459 -37%
Charles Schwab
27
Charles Schwab
California
$347K +$90.3K +673 +39%
Allspring Global Investments
28
Allspring Global Investments
North Carolina
$329K -$274K -2,041 -47%
Assenagon Asset Management
29
Assenagon Asset Management
Luxembourg
$314K -$183K -1,364 -39%
State of Tennessee, Department of Treasury
30
State of Tennessee, Department of Treasury
Tennessee
$311K
Renaissance Technologies
31
Renaissance Technologies
New York
$296K -$165K -1,230 -38%
State of Wisconsin Investment Board
32
State of Wisconsin Investment Board
Wisconsin
$275K +$13.4K +100 +6%
RWM
33
Ritholtz Wealth Management
New York
$254K +$236K +1,757 New
Wells Fargo
34
Wells Fargo
California
$204K -$332K -2,475 -64%
Barclays
35
Barclays
United Kingdom
$180K -$114K -853 -41%
JP Morgan Chase
36
JP Morgan Chase
New York
$149K -$87.5K -652 -39%
BNP Paribas Financial Markets
37
BNP Paribas Financial Markets
France
$140K -$68.3K -509 -34%
Russell Investments Group
38
Russell Investments Group
United Kingdom
$128K
Morgan Stanley
39
Morgan Stanley
New York
$103K -$696K -5,186 -88%
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$99K
Deutsche Bank
41
Deutsche Bank
Germany
$64K -$287K -2,140 -83%
Public Employees Retirement Association of Colorado
42
Public Employees Retirement Association of Colorado
Colorado
$58K
AIG
43
American International Group
New York
$57K -$5.9K -44 -10%
California State Teachers Retirement System (CalSTRS)
44
California State Teachers Retirement System (CalSTRS)
California
$50K -$10.9K -81 -19%
DWA
45
Dorsey Wright & Associates
California
$43K -$4.83K -36 -11%
MAM
46
Meeder Asset Management
Ohio
$32K -$268 -2 -0.9%
Bank of America
47
Bank of America
North Carolina
$29K -$57.7K -430 -68%
Lazard Asset Management
48
Lazard Asset Management
New York
$28K +$26.6K +198 New
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$14K -$4.7K -35 -26%
TRCT
50
Tower Research Capital (TRC)
New York
$14K +$3.22K +24 +32%

BH Hedge Fund Activity: Q1 2022 in Review

67 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q1 2022, worth a combined $243M — down 0.62% from $245M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new BH positions and 8 closed out — a net gain of 2 holders — while 9 added to existing stakes and 32 trimmed.

The largest buyer was Goldman Sachs, opening a new position worth an estimated $680K. The largest seller was Arrowstreet Capital, cutting an estimated $1.21M.

  • 67 institutional investors held Biglari Holdings Class B (BH) as of Q1 2022, up from 65 in Q4 2021.
  • Funds reported $243M of Biglari Holdings Class B stock for Q1 2022, down 0.62% quarter-over-quarter.
  • 10 funds opened new Biglari Holdings Class B positions in Q1 2022 and 8 closed out, a net change of +2 holders.
  • The largest Biglari Holdings Class B buyer in Q1 2022 was Goldman Sachs, an estimated $680K added.
  • The largest Biglari Holdings Class B seller in Q1 2022 was Arrowstreet Capital, an estimated $1.21M sold.

Based on aggregated 13F filings for Q1 2022.