Biglari Capital Corp.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Biglari Capital Corp. reported 12 stock positions worth $657.0 million. Its top holding was Biglari Class B (BH) at 39.7% of the portfolio, followed by Biglari Class A (BH.A, 20.5%) and Cracker Barrel Old Country (CBRL, 12.8%). Compared with Q1 2024, it reduced 4. The biggest sale was Carmax (KMX, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- San Antonio, TX
- CIK
- 0001334429
- Portfolio Value
- $657.0M (Q2 2024)
- SEC Filing
- 0000921895-24-001822 ↗ filed Aug 14, 2024
Holdings Value
Holdings 12 stocks · $657.0M
| BH Biglari Holdings Inc. Class B | 39.71% | 1,349,071 | $260.9M | No change |
| BH.A Biglari Holdings Inc. Class A | 20.53% | 147,820 | $134.9M | No change |
| CBRL Cracker Barrel Old Country | 12.83% | 2,000,000 | $84.3M | No change |
| RACE Ferrari NV | 9.54% | 153,500 | $62.7M | No change |
| JACK Jack in the Box Inc. | 8.33% | 1,073,883 | $54.7M | No change |
| LOCO El Pollo Loco Holdings Inc. | 6.89% | 4,000,000 | $45.2M | No change |
| KMX Carmax Inc. | 1.40% | 125,420 | $9.2M | Reduce -28.5% |
| BHC Bausch Health Cos Inc. | 0.42% | 395,000 | $2.8M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.19% | 2 | $1.2M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.16% | 15,000 | $1.1M | Reduce -21.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.00% | 100 | $17K | Reduce -90.0% |
| KO The Coca-Cola Co. | 0.00% | 120 | $8K | Reduce -94.1% |
Portfolio Sells Q1 2024 → Q2 2024
Portfolio Buys Q1 2024 → Q2 2024
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 12 | $1.2B | BH, BH.A, RACE, LOCO, JACK |
| Q1 2026 | 12 | $929.4M | BH, BH.A, RACE, LOCO, JACK |
| Q4 2025 | 12 | $932.7M | BH, BH.A, RACE, LOCO, JACK |
| Q3 2025 | 12 | $913.2M | BH, BH.A, RACE, LOCO, JACK |
| Q2 2025 | 12 | $865.1M | BH, BH.A, RACE, CBRL, LOCO |
| Q1 2025 | 13 | $709.0M | BH, BH.A, CBRL, RACE, LOCO |
| Q4 2024 | 13 | $838.8M | BH, BH.A, CBRL, RACE, LOCO |
| Q3 2024 | 13 | $651.4M | BH, BH.A, CBRL, RACE, LOCO |
| Q2 2024 | 12 | $657.0M | BH, BH.A, CBRL, RACE, JACK |
| Q1 2024 | 12 | $746.3M | BH, CBRL, BH.A, JACK, RACE |