Biglari Holdings Class B
66 hedge funds and large institutions have $198M invested in Biglari Holdings Class B in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
14% more funds holding
Funds holding: 58 → 66 (+8)
4% more capital invested
Capital invested by funds: $191M → $198M (+$6.86M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.12% less ownership
Funds ownership: 84.74% → 83.62% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.43M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.27M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.22M |
| 4 |
Bank of New York Mellon
New York
|
+$1.08M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$570K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.88M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
-$3.05M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.16M |
| 4 |
IIM
Ironwood Investment Management
Boston,
Massachusetts
|
-$406K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$371K |
BH Hedge Fund Activity: Q4 2019 in Review
66 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q4 2019, worth a combined $198M — up 3.6% from $191M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BH positions and 5 closed out — a net gain of 9 holders — while 22 added to existing stakes and 18 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $1.43M. The largest seller was Vanguard Group, cutting an estimated $4.88M.
- 66 institutional investors held Biglari Holdings Class B (BH) as of Q4 2019, up from 58 in Q3 2019.
- Funds reported $198M of Biglari Holdings Class B stock for Q4 2019, up 3.6% quarter-over-quarter.
- 14 funds opened new Biglari Holdings Class B positions in Q4 2019 and 5 closed out, a net change of +9 holders.
- The largest Biglari Holdings Class B buyer in Q4 2019 was Arrowstreet Capital, an estimated $1.43M added.
- The largest Biglari Holdings Class B seller in Q4 2019 was Vanguard Group, an estimated $4.88M sold.
Based on aggregated 13F filings for Q4 2019.