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Biglari Holdings Class B

76 hedge funds and large institutions have $333M invested in Biglari Holdings Class B in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 19

0.24% more ownership

Funds ownership: 88.52%88.75% (+0.24%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less capital invested

Capital invested by funds: $336M → $333M (-$3.05M)

6% less funds holding

Funds holding: 8176 (-5)

33% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 15

Holders
76
Holders Change
-5
Holders Change %
-6.17%
% of All Funds
1.74%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
10
Increased
26
Reduced
19
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
51
Legal & General Group
United Kingdom
$75K
Citigroup
52
Citigroup
New York
$72K +$52.4K +274 +223%
Nisa Investment Advisors
53
Nisa Investment Advisors
Missouri
$68K
WF
54
WealthTrust Fairport
Ohio
$61K
FHA
55
Flagship Harbor Advisors
Massachusetts
$54K
Canada Life
56
Canada Life
Manitoba, Canada
$36K
AIP
57
Ameritas Investment Partners
Nebraska
$15K
BNP Paribas Financial Markets
58
BNP Paribas Financial Markets
France
$14K -$191 -1 -1%
CI
59
CAZ Investments
Texas
$11K
Royal Bank of Canada
60
Royal Bank of Canada
Ontario, Canada
$7K -$2.68K -14 -28%
WAM
61
Wealthspire Advisors (Maryland)
Maryland
$7K +$7.46K +39 New
LWM
62
Lenox Wealth Management
Ohio
$7K +$26.6K +139 +479%
BC
63
Bartlett & Co
Ohio
$5K
LTFS
64
Ladenburg Thalmann Financial Services
Florida
$5K
FANJ
65
Financial Architects (New Jersey)
New Jersey
$5K +$4.98K +26 New
NSIM
66
North Star Investment Management
Illinois
$5K +$4.98K +26 New
BCWM
67
Bartlett & Co Wealth Management
Ohio
$4.53K
IA
68
IFP Advisors
Florida
$3K
Fidelity Investments
69
Fidelity Investments
Massachusetts
$2K +$1.91K +10 New
Bank of Montreal
70
Bank of Montreal
Ontario, Canada
$1K -$4.21K -22 -76%
SWM
71
SeaCrest Wealth Management
New York
$1K
AG
72
Advisor Group
Arizona
$1K +$957 +5 New
Northwestern Mutual Wealth Management
73
Northwestern Mutual Wealth Management
Wisconsin
$1K +$957 +5 New
VCM
74
Versant Capital Management
Arizona
$1K +$1.15K +6 New
JGC
75
J. Goldman & Co
New York
-$1.01M -5,518 Closed

BH Hedge Fund Activity: Q3 2018 in Review

76 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q3 2018, worth a combined $333M — down 0.91% from $336M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of BH and 10 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 26 added.

The largest buyer was Vanguard Group, adding an estimated $2.99M. The largest seller was River Road Asset Management, cutting an estimated $2.78M.

  • 76 institutional investors held Biglari Holdings Class B (BH) as of Q3 2018, down from 81 in Q2 2018.
  • Funds reported $333M of Biglari Holdings Class B stock for Q3 2018, down 0.91% quarter-over-quarter.
  • 10 funds opened new Biglari Holdings Class B positions in Q3 2018 and 15 closed out, a net change of -5 holders.
  • The largest Biglari Holdings Class B buyer in Q3 2018 was Vanguard Group, an estimated $2.99M added.
  • The largest Biglari Holdings Class B seller in Q3 2018 was River Road Asset Management, an estimated $2.78M sold.

Based on aggregated 13F filings for Q3 2018.