Biglari Holdings Class B
105 hedge funds and large institutions have $783M invested in Biglari Holdings Class B in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.15% more ownership
Funds ownership: 136.74% → 138.88% (+2.1%)
6% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 31
0% more capital invested
Capital invested by funds: $782M → $783M (+$802K)
4% less funds holding
Funds holding: 109 → 105 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$18.8M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.58M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.75M |
| 4 |
ICM
Intrepid Capital Management
Jacksonville Beach,
Florida
|
+$1.64M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$7.43M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$3.85M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.18M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$713K |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$660K |
BH Hedge Fund Activity: Q1 2018 in Review
105 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q1 2018, worth a combined $783M — up 0.1% from $782M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BH and 9 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 33 added.
The largest buyer was Biglari Capital Corp, adding an estimated $18.8M. The largest seller was Janus Henderson Group, cutting an estimated $7.43M.
- 105 institutional investors held Biglari Holdings Class B (BH) as of Q1 2018, down from 109 in Q4 2017.
- Funds reported $783M of Biglari Holdings Class B stock for Q1 2018, up 0.1% quarter-over-quarter.
- 9 funds opened new Biglari Holdings Class B positions in Q1 2018 and 12 closed out, a net change of -3 holders.
- The largest Biglari Holdings Class B buyer in Q1 2018 was Biglari Capital Corp, an estimated $18.8M added.
- The largest Biglari Holdings Class B seller in Q1 2018 was Janus Henderson Group, an estimated $7.43M sold.
Based on aggregated 13F filings for Q1 2018.