Biglari Holdings Class B
56 hedge funds and large institutions have $189M invested in Biglari Holdings Class B in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.75% less ownership
Funds ownership: 79.74% → 78.99% (-0.75%)
7% less capital invested
Capital invested by funds: $203M → $189M (-$13.5M)
11% less funds holding
Funds holding: 63 → 56 (-7)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$192K |
| 2 |
Morgan Stanley
New York
|
+$75.4K |
| 3 |
Bank of New York Mellon
New York
|
+$68.8K |
| 4 |
Millennium Management
New York
|
+$45.5K |
| 5 |
GCM
Gladius Capital Management
Chicago,
Illinois
|
+$36.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$276K |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$264K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$258K |
| 4 |
Jane Street
New York
|
-$236K |
| 5 |
RWM
Ritholtz Wealth Management
New York
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| $1K | +$501 | +4 | +100% |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | +$751 | +6 | New |
|
|
53
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$264K | -2,153 | Closed |
|
|
54
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$258K | -2,106 | Closed |
|
|
55
Jane Street
New York
| – | -$236K | -1,920 | Closed |
|
|
RWM
56
Ritholtz Wealth Management
New York
| – | -$207K | -1,689 | Closed |
|
57
LSV Asset Management
Chicago,
Illinois
| – | -$206K | -1,679 | Closed |
|
58
Lazard Asset Management
New York
| – | -$37K | -309 | Closed |
|
59
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$4K | -36 | Closed |
|
|
CAL
60
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$1K | -6 | Closed |
|
BH Hedge Fund Activity: Q3 2022 in Review
56 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q3 2022, worth a combined $189M — down 6.7% from $203M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BH and 3 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 15 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $192K. The largest seller was Two Sigma Advisers, cutting an estimated $276K.
- 56 institutional investors held Biglari Holdings Class B (BH) as of Q3 2022, down from 63 in Q2 2022.
- Funds reported $189M of Biglari Holdings Class B stock for Q3 2022, down 6.7% quarter-over-quarter.
- 3 funds opened new Biglari Holdings Class B positions in Q3 2022 and 9 closed out, a net change of -6 holders.
- The largest Biglari Holdings Class B buyer in Q3 2022 was Dimensional Fund Advisors, an estimated $192K added.
- The largest Biglari Holdings Class B seller in Q3 2022 was Two Sigma Advisers, an estimated $276K sold.
Based on aggregated 13F filings for Q3 2022.