Biglari, Sardar

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Biglari, Sardar reported 10 stock positions worth $47.1 million. Its top holding was Ferrari (RACE) at 18.3% of the portfolio, followed by Coca-Cola (KO, 16.3%) and El Pollo Loco (LOCO, 14.2%). Compared with Q2 2024, it opened 1 new position and added to 6. The biggest buy was a new position in WYNN Resorts (WYNN).

Most Recent 13F
Q2 2026
Location
San Antonio, TX
CIK
0001334430
Portfolio Value
$47.1M (Q3 2024)
SEC Filing
0000921895-24-002703 ↗ filed Nov 14, 2024

Holdings Value

0$20.0M$40.0M$60.0M$80.0M Q1 2024: $30.8M Q1 2024 Q2 2024: $29.5M Q2 2024 Q3 2024: $47.1M $47.1M Q3 2024 Q4 2024: $43.8M Q4 2024 Q1 2025: $44.2M Q1 2025 Q2 2025: $47.1M Q2 2025 Q3 2025: $49.7M Q3 2025 Q4 2025: $48.3M Q4 2025 Q1 2026: $50.9M Q1 2026 Q2 2026: $62.2M Q2 2026

Holdings 10 stocks · $47.1M

RACE Ferrari NV 18.27% 18,300 $8.6M Add +37.6%
KO The Coca-Cola Co. 16.27% 106,634 $7.7M Add +3.8%
LOCO El Pollo Loco Holdings Inc. 14.23% 489,247 $6.7M Add +307.7%
WYNN WYNN Resorts Ltd. 12.46% 61,200 $5.9M New
TSM Taiwan Semiconductor-SP ADR 9.86% 26,728 $4.6M No change
JACK Jack in the Box Inc. 9.56% 96,717 $4.5M Add +14.2%
BABA Alibaba Group Holding-SP ADR 6.99% 31,000 $3.3M No change
CBRL Cracker Barrel Old Country 6.66% 69,141 $3.1M No change
KMX Carmax Inc. 5.03% 30,600 $2.4M Add +24.4%
AAME Atlantic American Corp. 0.68% 188,393 $320K Add +17.9%

Portfolio Sells Q2 2024 → Q3 2024

None this quarter.

Portfolio Buys Q2 2024 → Q3 2024

WYNN WYNN Resorts Ltd. New 12.46% +12.46
LOCO El Pollo Loco Holdings Inc. Add +307.7% 14.23% +9.63
RACE Ferrari NV Add +37.6% 18.27% −0.14
AAME Atlantic American Corp. Add +17.9% 0.68% −0.23
KMX Carmax Inc. Add +24.4% 5.03% −1.09
JACK Jack in the Box Inc. Add +14.2% 9.56% −5.07
KO The Coca-Cola Co. Add +3.8% 16.27% −5.88

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 10$62.2MRACE, KO, LOCO, TSM, WYNN
Q1 2026 10$50.9MRACE, KO, WYNN, LOCO, TSM
Q4 2025 10$48.3MRACE, WYNN, KO, TSM, LOCO
Q3 2025 10$49.7MRACE, WYNN, KO, TSM, LOCO
Q2 2025 10$47.1MRACE, KO, WYNN, LOCO, TSM
Q1 2025 10$44.2MRACE, KO, WYNN, LOCO, TSM
Q4 2024 10$43.8MRACE, KO, LOCO, TSM, WYNN
Q3 2024 10$47.1MRACE, KO, LOCO, WYNN, TSM
Q2 2024 9$29.5MKO, RACE, TSM, JACK, CBRL
Q1 2024 9$30.8MKO, RACE, CBRL, JACK, TSM