Biglari Holdings Class B
114 hedge funds and large institutions have $558M invested in Biglari Holdings Class B in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 29 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
134% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 29
29% more capital invested
Capital invested by funds: $431M → $558M (+$127M)
25% more ownership
Funds ownership: 127.48% → 152.47% (+25%)
11% more funds holding
Funds holding: 103 → 114 (+11)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$22.1M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$15.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.86M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.14M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OI
OBH Inc
San Antonio,
Texas
|
-$84.4M |
| 2 |
KIG
Kovitz Investment Group
Chicago,
Illinois
|
-$17.5M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$5.59M |
| 4 |
Renaissance Technologies
New York
|
-$2.32M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.82M |
BH Hedge Fund Activity: Q3 2013 in Review
114 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q3 2013, worth a combined $558M — up 29% from $431M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BH positions and 4 closed out — a net gain of 12 holders — while 68 added to existing stakes and 29 trimmed.
The largest buyer was Advisory Research, adding an estimated $22.1M. The largest seller was OBH Inc, exiting entirely with an estimated $84.4M sold.
- 114 institutional investors held Biglari Holdings Class B (BH) as of Q3 2013, up from 103 in Q2 2013.
- Funds reported $558M of Biglari Holdings Class B stock for Q3 2013, up 29% quarter-over-quarter.
- 16 funds opened new Biglari Holdings Class B positions in Q3 2013 and 4 closed out, a net change of +12 holders.
- The largest Biglari Holdings Class B buyer in Q3 2013 was Advisory Research, an estimated $22.1M added.
- The largest Biglari Holdings Class B seller in Q3 2013 was OBH Inc, an estimated $84.4M sold.
Based on aggregated 13F filings for Q3 2013.