Biglari Holdings Class B
76 hedge funds and large institutions have $455M invested in Biglari Holdings Class B in 2024 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
55% more capital invested
Capital invested by funds: $293M → $455M (+$162M)
9% more funds holding
Funds holding: 70 → 76 (+6)
4.05% more ownership
Funds ownership: 82.35% → 86.4% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$9.14M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.18M |
| 3 |
JP Morgan Chase
New York
|
+$3.08M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.13M |
| 5 |
Renaissance Technologies
New York
|
+$612K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Acuitas Investments
Seattle,
Washington
|
-$2.47M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$736K |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$343K |
| 4 |
Bank of New York Mellon
New York
|
-$308K |
| 5 |
Morgan Stanley
New York
|
-$274K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIC
76
Salem Investment Counselors
Winston Salem,
North Carolina
| $255 | – | – | – |
|
|
AI
77
Acuitas Investments
Seattle,
Washington
| – | -$2.47M | -14,384 | Closed |
|
|
78
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$343K | -1,994 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$241K | -1,400 | Closed |
|
80
Citadel Advisors
Miami,
Florida
| – | -$237K | -1,380 | Closed |
|
81
Russell Investments Group
London,
United Kingdom
| – | -$153K | -890 | Closed |
|
82
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$6.88K | -40 | Closed |
|
|
FFA
83
Farther Finance Advisors
San Francisco,
California
| – | -$688 | -4 | Closed |
|
|
CPA
84
Capital Performance Advisors
Walnut Creek,
California
| – | -$516 | -3 | Closed |
|
BH Hedge Fund Activity: Q4 2024 in Review
76 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q4 2024, worth a combined $455M — up 55% from $293M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BH positions and 8 closed out — a net gain of 6 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was Biglari Capital Corp, adding an estimated $9.14M. The largest seller was Acuitas Investments, exiting entirely with an estimated $2.47M sold.
- 76 institutional investors held Biglari Holdings Class B (BH) as of Q4 2024, up from 70 in Q3 2024.
- Funds reported $455M of Biglari Holdings Class B stock for Q4 2024, up 55% quarter-over-quarter.
- 14 funds opened new Biglari Holdings Class B positions in Q4 2024 and 8 closed out, a net change of +6 holders.
- The largest Biglari Holdings Class B buyer in Q4 2024 was Biglari Capital Corp, an estimated $9.14M added.
- The largest Biglari Holdings Class B seller in Q4 2024 was Acuitas Investments, an estimated $2.47M sold.
Based on aggregated 13F filings for Q4 2024.