Biglari Holdings Class B
60 hedge funds and large institutions have $215M invested in Biglari Holdings Class B in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
14% more capital invested
Capital invested by funds: $189M → $215M (+$26.3M)
7% more funds holding
Funds holding: 56 → 60 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.04% less ownership
Funds ownership: 78.99% → 78.95% (-0.04%)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$287K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$213K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$199K |
| 4 |
BlackRock
New York
|
+$167K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$54.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$696K |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$154K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$73.3K |
| 4 |
D.E. Shaw & Co
New York
|
-$73.1K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$65.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
51
North Star Investment Management
Chicago,
Illinois
| $3.61K | – | – | – |
|
|
BCWM
52
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $3.47K | – | – | – |
|
|
BC
53
Bartlett & Co
Cincinnati,
Ohio
| $3K | – | – | – |
|
54
Fidelity Investments
Boston,
Massachusetts
| $1.53K | +$411 | +3 | +38% |
|
|
CCA
55
Column Capital Advisors
Indianapolis,
Indiana
| $1.39K | – | – | – |
|
56
Citigroup
New York
| $1.11K | -$548 | -4 | -33% |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| $1K | -$26K | -190 | -94% |
|
58
Osaic Holdings
Scottsdale,
Arizona
| $1K | – | – | – |
|
|
MRCM
59
M&R Capital Management
Summit,
New Jersey
| $694 | – | – | – |
|
|
SIC
60
Salem Investment Counselors
Winston Salem,
North Carolina
| $139 | – | – | – |
|
61
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -6 | Closed |
|
BH Hedge Fund Activity: Q4 2022 in Review
60 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q4 2022, worth a combined $215M — up 14% from $189M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BH positions and 2 closed out — a net gain of 5 holders — while 16 added to existing stakes and 19 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $287K. The largest seller was Bank of New York Mellon, cutting an estimated $696K.
- 60 institutional investors held Biglari Holdings Class B (BH) as of Q4 2022, up from 56 in Q3 2022.
- Funds reported $215M of Biglari Holdings Class B stock for Q4 2022, up 14% quarter-over-quarter.
- 7 funds opened new Biglari Holdings Class B positions in Q4 2022 and 2 closed out, a net change of +5 holders.
- The largest Biglari Holdings Class B buyer in Q4 2022 was Dimensional Fund Advisors, an estimated $287K added.
- The largest Biglari Holdings Class B seller in Q4 2022 was Bank of New York Mellon, an estimated $696K sold.
Based on aggregated 13F filings for Q4 2022.