Biglari Holdings Class B
70 hedge funds and large institutions have $293M invested in Biglari Holdings Class B in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 10 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
0.17% more ownership
Funds ownership: 82.17% → 82.35% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 73 → 70 (-3)
11% less capital invested
Capital invested by funds: $329M → $293M (-$35.7M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$391K |
| 2 |
Goldman Sachs
New York
|
+$362K |
| 3 |
AI
Acuitas Investments
Seattle,
Washington
|
+$336K |
| 4 |
BlackRock
New York
|
+$304K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$979K |
| 2 |
LPL Financial
San Diego,
California
|
-$239K |
| 3 |
Jane Street
New York
|
-$222K |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
-$164K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIA
76
Wetzel Investment Advisors
Indianapolis,
Indiana
| – | -$18.2K | -96 | Closed |
|
77
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$2.51K | -13 | Closed |
|
|
IA
78
IFP Advisors
Tampa,
Florida
| – | -$2.32K | -12 | Closed |
|
|
TWC
79
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$1.9K | -10 | Closed |
|
80
UBS AM
Chicago,
Illinois
| – | -$387 | -2 | Closed |
|
BH Hedge Fund Activity: Q3 2024 in Review
70 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q3 2024, worth a combined $293M — down 11% from $329M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BH and 7 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 24 added.
The largest buyer was Vanguard Group, adding an estimated $391K. The largest seller was Prudential Financial, cutting an estimated $979K.
- 70 institutional investors held Biglari Holdings Class B (BH) as of Q3 2024, down from 73 in Q2 2024.
- Funds reported $293M of Biglari Holdings Class B stock for Q3 2024, down 11% quarter-over-quarter.
- 7 funds opened new Biglari Holdings Class B positions in Q3 2024 and 10 closed out, a net change of -3 holders.
- The largest Biglari Holdings Class B buyer in Q3 2024 was Vanguard Group, an estimated $391K added.
- The largest Biglari Holdings Class B seller in Q3 2024 was Prudential Financial, an estimated $979K sold.
Based on aggregated 13F filings for Q3 2024.