Biglari Holdings Class B
126 hedge funds and large institutions have $659M invested in Biglari Holdings Class B in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 44 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
22% more capital invested
Capital invested by funds: $541M → $659M (+$118M)
4.16% more ownership
Funds ownership: 115.68% → 119.84% (+4.2%)
3% more funds holding
Funds holding: 122 → 126 (+4)
30% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
+$6.67M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$6.53M |
| 3 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$5.9M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$4.36M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$3.79M |
| 2 |
ESBC
E.S. Barr & Co
Lexington,
Kentucky
|
-$3.68M |
| 3 |
JP Morgan Chase
New York
|
-$2.24M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.36M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Marshall Wace
London,
United Kingdom
| – | -$1.36M | -6,000 | Closed |
|
|
MC
127
Menta Capital
San Francisco,
California
| – | -$672K | -2,966 | Closed |
|
|
JG
128
Jefferies Group
New York
| – | -$347K | -1,533 | Closed |
|
129
ProShare Advisors
Bethesda,
Maryland
| – | -$247K | -1,089 | Closed |
|
|
BGIM
130
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$176K | -776 | Closed |
|
131
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -15 | Closed |
|
132
BNP Paribas Financial Markets
Paris,
France
| – | -$1.02K | -5 | Closed |
|
BH Hedge Fund Activity: Q4 2014 in Review
126 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q4 2014, worth a combined $659M — up 22% from $541M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BH positions and 8 closed out — a net gain of 7 holders — while 31 added to existing stakes and 44 trimmed.
The largest buyer was Comerica Bank, adding an estimated $6.67M. The largest seller was Advisory Research, cutting an estimated $3.79M.
- 126 institutional investors held Biglari Holdings Class B (BH) as of Q4 2014, up from 122 in Q3 2014.
- Funds reported $659M of Biglari Holdings Class B stock for Q4 2014, up 22% quarter-over-quarter.
- 15 funds opened new Biglari Holdings Class B positions in Q4 2014 and 8 closed out, a net change of +7 holders.
- The largest Biglari Holdings Class B buyer in Q4 2014 was Comerica Bank, an estimated $6.67M added.
- The largest Biglari Holdings Class B seller in Q4 2014 was Advisory Research, an estimated $3.79M sold.
Based on aggregated 13F filings for Q4 2014.