We are live on ! Find out more
BH icon

Biglari Holdings Class B

120 hedge funds and large institutions have $695M invested in Biglari Holdings Class B in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 40 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

25% more capital invested

Capital invested by funds: $558M → $695M (+$137M)

5% more funds holding

Funds holding: 114120 (+6)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

5% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 40

23.63% less ownership

Funds ownership: 152.47%128.85% (-24%)

Holders
120
Holders Change
+6
Holders Change %
+5.26%
% of All Funds
3.48%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
15
Increased
38
Reduced
40
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RFC
101
Russell Frank Company
Washington
$116K -$470K -1,666 -80%
TRSOTSOK
102
Teachers Retirement System of the State of Kentucky
Kentucky
$95K -$137K -485 -62%
BAM
103
Brave Asset Management
New Jersey
$62K +$55.6K +197 New
U
104
UBS
Switzerland
$49K -$86.1K -305 -66%
Canada Life
105
Canada Life
Manitoba, Canada
$41K
Envestnet Asset Management
106
Envestnet Asset Management
Illinois
$28K
Teacher Retirement System of Texas
107
Teacher Retirement System of Texas
Texas
$26K -$54.8K -194 -70%
BlackRock
108
BlackRock
New York
$26K -$1.69K -6 -7%
PNC Financial Services Group
109
PNC Financial Services Group
Pennsylvania
$25K -$3.67K -13 -14%
HNB
110
Huntington National Bank
Ohio
$25K
LWM
111
Lenox Wealth Management
Ohio
$24K +$22K +78 New
KTC
112
Kistler-Tiffany Companies
Pennsylvania
$20K
WRM
113
Westport Resources Management
Connecticut
$15K +$13.6K +48 New
BC
114
Bartlett & Co
Ohio
$13K
FNBT
115
FineMark National Bank & Trust
Florida
$8K +$3.95K +14 +140%
FNBSF
116
First National Bank Sioux Falls
South Dakota
$6K
MFS
117
MSI Financial Services
Massachusetts
$5K
WCBA
118
Weaver C. Barksdale & Associates
Tennessee
$4K
LTFS
119
Ladenburg Thalmann Financial Services
Florida
$2K
Manulife (Manufacturers Life Insurance)
120
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$555 +$103K +364 +26%
KIG
121
Kovitz Investment Group
Illinois
-$956K -3,741 Closed
Susquehanna International Group
122
Susquehanna International Group
Pennsylvania
-$413K -1,616 Closed
ProShare Advisors
123
ProShare Advisors
Maryland
-$394K -1,541 Closed
SCM
124
Stevens Capital Management
Pennsylvania
-$217K -850 Closed
Jane Street
125
Jane Street
New York
-$212K -830 Closed

BH Hedge Fund Activity: Q4 2013 in Review

120 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q4 2013, worth a combined $695M — up 25% from $558M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new BH positions and 7 closed out — a net gain of 8 holders — while 38 added to existing stakes and 40 trimmed.

The largest buyer was Janus Henderson Investors US, adding an estimated $13.6M. The largest seller was Allianz Asset Management, cutting an estimated $2.92M.

  • 120 institutional investors held Biglari Holdings Class B (BH) as of Q4 2013, up from 114 in Q3 2013.
  • Funds reported $695M of Biglari Holdings Class B stock for Q4 2013, up 25% quarter-over-quarter.
  • 15 funds opened new Biglari Holdings Class B positions in Q4 2013 and 7 closed out, a net change of +8 holders.
  • The largest Biglari Holdings Class B buyer in Q4 2013 was Janus Henderson Investors US, an estimated $13.6M added.
  • The largest Biglari Holdings Class B seller in Q4 2013 was Allianz Asset Management, an estimated $2.92M sold.

Based on aggregated 13F filings for Q4 2013.