Biglari Holdings Class B
122 hedge funds and large institutions have $705M invested in Biglari Holdings Class B in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 46 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0% less capital invested
Capital invested by funds: $708M → $705M (-$3.5M)
0.5% less ownership
Funds ownership: 124.27% → 123.77% (-0.5%)
2% less funds holding
Funds holding: 125 → 122 (-3)
20% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 46
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
+$6.55M |
| 2 |
AGM
Alpine Global Management
New York
|
+$4.68M |
| 3 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$4.68M |
| 4 |
Renaissance Technologies
New York
|
+$3.04M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M2MC
Matthew 25 Management Corp
Ambler,
Pennsylvania
|
-$9.68M |
| 2 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
-$2.82M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.51M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.14M |
| 5 |
SGAM
Steinberg Global Asset Management
Boca Raton,
Florida
|
-$1.94M |
BH Hedge Fund Activity: Q2 2015 in Review
122 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q2 2015, worth a combined $705M — down 0.49% from $708M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BH and 11 opened new positions — a net loss of 3 holders — while 46 trimmed existing stakes and 37 added.
The largest buyer was Comerica Bank, adding an estimated $6.55M. The largest seller was Matthew 25 Management Corp, exiting entirely with an estimated $9.68M sold.
- 122 institutional investors held Biglari Holdings Class B (BH) as of Q2 2015, down from 125 in Q1 2015.
- Funds reported $705M of Biglari Holdings Class B stock for Q2 2015, down 0.49% quarter-over-quarter.
- 11 funds opened new Biglari Holdings Class B positions in Q2 2015 and 14 closed out, a net change of -3 holders.
- The largest Biglari Holdings Class B buyer in Q2 2015 was Comerica Bank, an estimated $6.55M added.
- The largest Biglari Holdings Class B seller in Q2 2015 was Matthew 25 Management Corp, an estimated $9.68M sold.
Based on aggregated 13F filings for Q2 2015.