Biglari Holdings Class B
114 hedge funds and large institutions have $734M invested in Biglari Holdings Class B in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 40 reducing their positions, and 8 closing their positions.
150% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 8
12% more funds holding
Funds holding: 102 → 114 (+12)
9% more capital invested
Capital invested by funds: $676M → $734M (+$58.5M)
0.49% less ownership
Funds ownership: 132.64% → 132.15% (-0.49%)
25% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 40
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$17M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$2.99M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$1.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.69M |
| 5 |
Millennium Management
New York
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BS
Biglari Sardar
|
-$11.5M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.78M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$3.52M |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$2.45M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.04M |
BH Hedge Fund Activity: Q2 2016 in Review
114 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q2 2016, worth a combined $734M — up 8.6% from $676M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BH positions and 8 closed out — a net gain of 12 holders — while 30 added to existing stakes and 40 trimmed.
The largest buyer was Biglari Capital Corp, adding an estimated $17M. The largest seller was Biglari Sardar, exiting entirely with an estimated $11.5M sold.
- 114 institutional investors held Biglari Holdings Class B (BH) as of Q2 2016, up from 102 in Q1 2016.
- Funds reported $734M of Biglari Holdings Class B stock for Q2 2016, up 8.6% quarter-over-quarter.
- 20 funds opened new Biglari Holdings Class B positions in Q2 2016 and 8 closed out, a net change of +12 holders.
- The largest Biglari Holdings Class B buyer in Q2 2016 was Biglari Capital Corp, an estimated $17M added.
- The largest Biglari Holdings Class B seller in Q2 2016 was Biglari Sardar, an estimated $11.5M sold.
Based on aggregated 13F filings for Q2 2016.