Biglari Holdings Class B
59 hedge funds and large institutions have $215M invested in Biglari Holdings Class B in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
14% more capital invested
Capital invested by funds: $189M → $215M (+$26.3M)
5% more funds holding
Funds holding: 56 → 59 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.06% less ownership
Funds ownership: 78.99% → 74.93% (-4.1%)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$213K |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$199K |
| 3 |
BlackRock
New York
|
+$167K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$54.8K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$42.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$696K |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$154K |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$73.3K |
| 4 |
D.E. Shaw & Co
New York
|
-$73.1K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$65.8K |
BH Hedge Fund Activity: Q4 2022 in Review
59 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q4 2022, worth a combined $215M — up 14% from $189M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BH positions and 2 closed out — a net gain of 5 holders — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $213K. The largest seller was Bank of New York Mellon, cutting an estimated $696K.
- 59 institutional investors held Biglari Holdings Class B (BH) as of Q4 2022, up from 56 in Q3 2022.
- Funds reported $215M of Biglari Holdings Class B stock for Q4 2022, up 14% quarter-over-quarter.
- 7 funds opened new Biglari Holdings Class B positions in Q4 2022 and 2 closed out, a net change of +5 holders.
- The largest Biglari Holdings Class B buyer in Q4 2022 was Janney Montgomery Scott, an estimated $213K added.
- The largest Biglari Holdings Class B seller in Q4 2022 was Bank of New York Mellon, an estimated $696K sold.
Based on aggregated 13F filings for Q4 2022.