Biglari Holdings Class B
71 hedge funds and large institutions have $279M invested in Biglari Holdings Class B in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
30% more capital invested
Capital invested by funds: $215M → $279M (+$63.9M)
18% more funds holding
Funds holding: 60 → 71 (+11)
0.71% more ownership
Funds ownership: 78.95% → 79.66% (+0.71%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.12M |
| 2 |
Renaissance Technologies
New York
|
+$482K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$471K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$465K |
| 5 |
RWM
Ritholtz Wealth Management
New York
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$525K |
| 2 |
BlackRock
New York
|
-$472K |
| 3 |
D.E. Shaw & Co
New York
|
-$292K |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
-$165K |
| 5 |
Millennium Management
New York
|
-$116K |
BH Hedge Fund Activity: Q1 2023 in Review
71 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q1 2023, worth a combined $279M — up 30% from $215M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BH positions and 3 closed out — a net gain of 11 holders — while 20 added to existing stakes and 21 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $1.12M. The largest seller was Goldman Sachs, cutting an estimated $525K.
- 71 institutional investors held Biglari Holdings Class B (BH) as of Q1 2023, up from 60 in Q4 2022.
- Funds reported $279M of Biglari Holdings Class B stock for Q1 2023, up 30% quarter-over-quarter.
- 14 funds opened new Biglari Holdings Class B positions in Q1 2023 and 3 closed out, a net change of +11 holders.
- The largest Biglari Holdings Class B buyer in Q1 2023 was Arrowstreet Capital, an estimated $1.12M added.
- The largest Biglari Holdings Class B seller in Q1 2023 was Goldman Sachs, an estimated $525K sold.
Based on aggregated 13F filings for Q1 2023.