Biglari, Sardar

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Biglari, Sardar reported 10 stock positions worth $43.8 million. Its top holding was Ferrari (RACE) at 17.7% of the portfolio, followed by Coca-Cola (KO, 15.4%) and El Pollo Loco (LOCO, 12.9%). Compared with Q3 2024, it added to 1. The biggest buy was Coca-Cola (KO, shares +2%).

Most Recent 13F
Q2 2026
Location
San Antonio, TX
CIK
0001334430
Portfolio Value
$43.8M (Q4 2024)
SEC Filing
0000921895-25-000485 ↗ filed Feb 14, 2025

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 Q3 2024 Q4 2024: $43.8M $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 · $43.8M
RACE Ferrari NV 17.74% 18,300 $7.8M No change
KO The Coca-Cola Co. 15.41% 108,445 $6.8M Add +1.7%
LOCO El Pollo Loco Holdings Inc. 12.88% 489,247 $5.6M No change
TSM Taiwan Semiconductor-SP ADR 12.04% 26,728 $5.3M No change
WYNN WYNN Resorts Ltd. 12.03% 61,200 $5.3M No change
JACK Jack in the Box Inc. 9.19% 96,717 $4.0M No change
CBRL Cracker Barrel Old Country 8.34% 69,141 $3.7M No change
BABA Alibaba Group Holding-SP ADR 6.00% 31,000 $2.6M No change
KMX Carmax Inc. 5.71% 30,600 $2.5M No change
AAME Atlantic American Corp. 0.66% 188,393 $290K No change

Portfolio Sells Q3 2024 → Q4 2024
None this quarter.

Portfolio Buys Q3 2024 → Q4 2024
KO The Coca-Cola Co. Add +1.7% 15.41% −0.87

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