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Biglari Holdings Class B

105 hedge funds and large institutions have $783M invested in Biglari Holdings Class B in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

2.15% more ownership

Funds ownership: 136.74%138.88% (+2.1%)

6% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 31

0% more capital invested

Capital invested by funds: $782M → $783M (+$802K)

4% less funds holding

Funds holding: 109105 (-4)

25% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 12

Holders
105
Holders Change
-4
Holders Change %
-3.67%
% of All Funds
2.41%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
9
Increased
33
Reduced
31
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SOADOR
76
State of Alaska Department of Revenue
Alaska
$132K +$49.8K +180 +58%
Barclays
77
Barclays
United Kingdom
$127K +$62.3K +225 +93%
BNP Paribas Financial Markets
78
BNP Paribas Financial Markets
France
$126K -$83K -300 -39%
TRSOTSOK
79
Teachers Retirement System of the State of Kentucky
Kentucky
$117K
MSA
80
Mason Street Advisors
Wisconsin
$115K +$7.47K +27 +7%
JP Morgan Chase
81
JP Morgan Chase
New York
$109K -$218K -787 -66%
AIP
82
Ameritas Investment Partners
Nebraska
$33K
WAM
83
Wealthspire Advisors (Maryland)
Maryland
$18K
TRCT
84
Tower Research Capital (TRC)
New York
$17K -$428K -1,547 -96%
Bank of Montreal
85
Bank of Montreal
Ontario, Canada
$13K
LIA
86
LS Investment Advisors
Michigan
$12K
FANJ
87
Financial Architects (New Jersey)
New Jersey
$11K
LTFS
88
Ladenburg Thalmann Financial Services
Florida
$11K
LWM
89
Lenox Wealth Management
Ohio
$11K
NSIM
90
North Star Investment Management
Illinois
$11K
BCWM
91
Bartlett & Co Wealth Management
Ohio
$10.2K +$10.5K +38 New
BC
92
Bartlett & Co
Ohio
$10K
IA
93
IFP Advisors
Florida
$8K
PNC Financial Services Group
94
PNC Financial Services Group
Pennsylvania
$6K
Royal Bank of Canada
95
Royal Bank of Canada
Ontario, Canada
$5K +$1.11K +4 +29%
SWA
96
Sutton Wealth Advisors
Florida
$4.49K
BFC
97
Bedel Financial Consulting
Indiana
$4K +$4.15K +15 New
US Bancorp
98
US Bancorp
Minnesota
$3K -$1.94K -7 -39%
VCM
99
Versant Capital Management
Arizona
$3K
MRCM
100
M&R Capital Management
New Jersey
$2K

BH Hedge Fund Activity: Q1 2018 in Review

105 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q1 2018, worth a combined $783M — up 0.1% from $782M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of BH and 9 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 33 added.

The largest buyer was Biglari Capital Corp, adding an estimated $18.8M. The largest seller was Janus Henderson Group, cutting an estimated $7.43M.

  • 105 institutional investors held Biglari Holdings Class B (BH) as of Q1 2018, down from 109 in Q4 2017.
  • Funds reported $783M of Biglari Holdings Class B stock for Q1 2018, up 0.1% quarter-over-quarter.
  • 9 funds opened new Biglari Holdings Class B positions in Q1 2018 and 12 closed out, a net change of -3 holders.
  • The largest Biglari Holdings Class B buyer in Q1 2018 was Biglari Capital Corp, an estimated $18.8M added.
  • The largest Biglari Holdings Class B seller in Q1 2018 was Janus Henderson Group, an estimated $7.43M sold.

Based on aggregated 13F filings for Q1 2018.