Biglari Holdings Class B
68 hedge funds and large institutions have $278M invested in Biglari Holdings Class B in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 12 reducing their positions, and 5 closing their positions.
142% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 12
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1% more funds holding
Funds holding: 67 → 68 (+1)
1.2% more ownership
Funds ownership: 80.28% → 81.47% (+1.2%)
1% more capital invested
Capital invested by funds: $276M → $278M (+$2.31M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$1.51M |
| 2 |
BlackRock
New York
|
+$607K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$519K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$352K |
| 5 |
Morgan Stanley
New York
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$311K |
| 2 |
D.E. Shaw & Co
New York
|
-$272K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$221K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$135K |
| 5 |
RWM
Ritholtz Wealth Management
New York
|
-$59.1K |
BH Hedge Fund Activity: Q4 2023 in Review
68 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q4 2023, worth a combined $278M — up 0.84% from $276M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BH positions and 5 closed out — a net gain of 1 holder — while 29 added to existing stakes and 12 trimmed.
The largest buyer was Biglari Capital Corp, adding an estimated $1.51M. The largest seller was Prudential Financial, cutting an estimated $311K.
- 68 institutional investors held Biglari Holdings Class B (BH) as of Q4 2023, up from 67 in Q3 2023.
- Funds reported $278M of Biglari Holdings Class B stock for Q4 2023, up 0.84% quarter-over-quarter.
- 6 funds opened new Biglari Holdings Class B positions in Q4 2023 and 5 closed out, a net change of +1 holder.
- The largest Biglari Holdings Class B buyer in Q4 2023 was Biglari Capital Corp, an estimated $1.51M added.
- The largest Biglari Holdings Class B seller in Q4 2023 was Prudential Financial, an estimated $311K sold.
Based on aggregated 13F filings for Q4 2023.