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Biglari Holdings Class B

Name Holding Trade Value Shares
Change
Change in
Stake
ACM
101
Ativo Capital Management
Illinois
-$233K -857 Closed
SGAM
102
Steinberg Global Asset Management
Florida
-$222K -816 Closed
VOYA Investment Management
103
VOYA Investment Management
Georgia
-$216K -794 Closed
MIM
104
MetLife Investment Management
New Jersey
-$216K -792 Closed
VF
105
Virtu Financial
New York
-$201K -737 Closed
MLICM
106
Metropolitan Life Insurance Company (MetLife)
New York
-$159K -584 Closed
MERSOM
107
Municipal Employees' Retirement System of Michigan
Michigan
-$155K -570 Closed
SOADOR
108
State of Alaska Department of Revenue
Alaska
-$132K -488 Closed
TRSOTSOK
109
Teachers Retirement System of the State of Kentucky
Kentucky
-$117K -431 Closed
MSA
110
Mason Street Advisors
Wisconsin
-$115K -422 Closed
WAM
111
Wealthspire Advisors (Maryland)
Maryland
-$18K -68 Closed
LIA
112
LS Investment Advisors
Michigan
-$12K -44 Closed
FANJ
113
Financial Architects (New Jersey)
New Jersey
-$11K -39 Closed
NSIM
114
North Star Investment Management
Illinois
-$11K -39 Closed
SWA
115
Sutton Wealth Advisors
Florida
-$4.49K -17 Closed
BFC
116
Bedel Financial Consulting
Indiana
-$4K -15 Closed
VCM
117
Versant Capital Management
Arizona
-$3K -14 Closed
APP
118
Avantax Planning Partners
Iowa
-$2K -8 Closed
RCAG
119
Rehmann Capital Advisory Group
Michigan
-$1K -5 Closed
MRCM
120
M&R Capital Management
New Jersey
-$680 -3 -38%
QCG
121
Quadrant Capital Group
Ohio
-$453 -2 -40%
SEI Investments
122
SEI Investments
Pennsylvania
-$227 -1 -50%