Biglari Holdings Inc. Class BBH

13F holders, Q2 2026 (June 30)
113holders −3
22new positions
24sold out
6famous investors
$425.99avg. 13F price*

At the end of Q2 2026, 113 institutions reported holding Biglari Holdings Inc. Class B (BH) in their 13F filings, down 3 from Q1 2026. 22 opened new positions and 24 sold out. The largest holders were Biglari Capital Corp. ($627.2M), Dimensional Fund Advisors LP ($45.3M) and Two Sigma Investments, LP ($21.6M). 6 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Steve Cohen (0.0% of Point72 Asset Management's portfolio).

Company
Biglari Holdings Inc. Class B
CUSIP
08986R309
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150 Q1 2024: 68Q1 2024Q2 2024: 72Q2 2024Q3 2024: 69Q3 2024Q4 2024: 75Q4 2024Q1 2025: 75Q1 2025Q2 2025: 91Q2 2025Q3 2025: 97Q3 2025Q4 2025: 106Q4 2025Q1 2026: 116Q1 2026Q2 2026: 113Q2 2026

Total Exit/New Position Q1 2026 → Q2 2026

InstitutionsTotal Value
New Positions22$10.8M
Exits24$20.0M

All 13F filers, Q1 2026 → Q2 2026: 157,297 shares bought and 204,260 shares sold, net −46,963 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 113 holders

Biglari Capital Corp. 52.50% Add +3.9% 1,472,237 $627.2M
Dimensional Fund Advisors LP 0.01% Add +3.9% 106,257 $45.3M
Two Sigma Investments, LP 0.02% Add +488.9% 50,618 $21.6M
BlackRock, Inc. 0.00% Add +2.4% 46,135 $19.7M
Marshall Wace, LLP 0.01% Reduce -3.7% 31,016 $13.2M
Renaissance Technologies 0.02% Add +31.7% 28,627 $12.2M
Vanguard Capital Management LLC 0.00% Reduce -5.3% 28,185 $12.0M
Millennium Management 0.01% Add +54.4% 26,774 $11.4M
Geode Capital Management, LLC 0.00% Add +7.9% 14,922 $6.4M
Trexquant Investment LP 0.04% Reduce -32.9% 14,559 $6.2M
State Street Corp. 0.00% Reduce -8.2% 12,806 $5.5M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Add +8.6% 12,309 $5.2M
AQR Capital Management 0.00% Add +59.9% 9,490 $4.0M
Qube Research & Technologies Ltd 0.00% Reduce -60.9% 8,775 $3.7M
JPMorgan Chase & Co. 0.00% Reduce -36.2% 7,850 $3.4M
Charles Schwab Investment Management Inc. 0.00% Add +12.6% 7,703 $3.3M
Vanguard Portfolio Management LLC 0.00% Reduce -3.3% 7,344 $3.1M
Northern Trust Corp. 0.00% Add +3.3% 7,161 $3.1M
HRT Financial LP 0.01% New 6,481 $2.8M
Jane Street Group, LLC 0.00% Reduce -64.8% 6,128 $2.6M
Pacer Advisors, Inc. 0.01% Add +9.0% 5,829 $2.5M
Nuveen, LLC 0.00% Add +18.7% 5,039 $2.1M
XTX Topco Ltd 0.02% Reduce -57.6% 4,495 $1.9M
Vanguard Fiduciary Trust Co. 0.00% Add +1.3% 4,326 $1.8M
Point72 Asset Management 0.00% Reduce -19.8% 4,189 $1.8M
Y-Intercept (Hong Kong) Ltd 0.03% Reduce -4.8% 4,055 $1.7M
Gsa Capital Partners LLP 0.10% Add +80.6% 3,856 $1.6M
Susquehanna International Group, LLP 0.00% New 2,982 $1.3M
Citadel Advisors 0.00% New 2,980 $1.3M
Morgan Stanley 0.00% Reduce -16.6% 2,739 $1.2M
Bridgeway Capital Management, LLC 0.02% Reduce -47.3% 2,625 $1.1M
Barclays PLC 0.00% Add +12.8% 2,570 $1.1M
O'shaughnessy Asset Management, LLC 0.00% Reduce -41.4% 2,408 $1.0M
Bank of America Corp. 0.00% Add +58.4% 2,039 $869K
STRS Ohio 0.00% Add +5.3% 2,000 $852K
Bank of New York Mellon Corp 0.00% Add +18.5% 1,983 $845K
Engineers Gate Manager LP 0.01% New 1,920 $818K
Invesco Ltd. 0.00% Reduce -90.8% 1,830 $780K
Rathbones Group PLC 0.00% No change 1,700 $724K
Ritholtz Wealth Management 0.01% Reduce -33.4% 1,672 $712K
HSBC Holdings PLC 0.00% Add +6.8% 1,626 $702K
Jump Financial, LLC 0.01% New 1,640 $699K
UBS Group AG 0.00% Add +1.0% 1,617 $689K
Centiva Capital, LP 0.02% New 1,570 $669K
Lotus Technology Management, LP 0.80% New 1,534 $654K
Alliancebernstein L.P. 0.00% Add +107.4% 1,931 $636K
State of Wisconsin Investment Board 0.00% New 1,487 $634K
Jacobs Levy Equity Management, Inc. 0.00% No change 1,451 $618K
LPL Financial LLC 0.00% No change 1,130 $481K
American Century Companies Inc. 0.00% No change 1,116 $475K
Martingale Asset Management L P 0.01% No change 1,101 $469K
Inceptionr LLC 0.11% New 1,048 $446K
D. E. Shaw & Co. 0.00% Reduce -81.7% 1,019 $434K
Occudo Quantitative Strategies LP 0.02% Add +25.0% 1,014 $432K
Dynamic Technology Lab Private Ltd 0.09% New 921 $392K
Susquehanna Portfolio Strategies, LLC 0.01% New 853 $363K
Rhumbline Advisers 0.00% Add +0.1% 853 $363K
Deutsche Bank AG 0.00% Add +60.4% 672 $286K
Squarepoint Ops LLC 0.00% New 663 $282K
Wells Fargo & Company 0.00% Add +108.1% 593 $253K
Canada Pension Plan Investment Board 0.00% New 560 $239K
T. Rowe Price Associates Inc. 0.00% New 482 $206K
MetLife Investment Management, LLC 0.00% No change 441 $188K
Russell Investments Group, Ltd. 0.00% Add +315.5% 428 $182K
New York State Common Retirement Fund 0.00% No change 426 $181K
Bartlett & Co. Wealth Management LLC 0.00% No change 392 $167K
Citigroup Inc. 0.00% Add +20.0% 378 $161K
State of Alaska, Department of Revenue 0.00% No change 353 $150K
Public Employees Retirement Association of Colorado 0.00% No change 320 $136K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -3.1% 315 $134K
SG Americas Securities, LLC 0.00% Reduce -79.8% 306 $130K
BNP Paribas Financial Markets 0.00% Add +39.5% 226 $96K
Police & Firemen's Retirement System of New Jersey 0.00% No change 171 $73K
FMR LLC 0.00% Reduce -43.6% 133 $57K
Royal Bank of Canada 0.00% Add +30.2% 112 $48K
Vanguard Global Advisers, LLC 0.00% Reduce -33.7% 108 $46K
Rockefeller Capital Management L.P. 0.00% No change 85 $36K
Legal & General Group Plc 0.00% Add +21.5% 79 $34K
Signaturefd, LLC 0.00% New 74 $32K
Fifth Third Bancorp 0.00% No change 70 $30K
Jones Financial Companies LLLP 0.00% Reduce -53.1% 67 $27K
Ameritas Investment Partners, Inc. 0.00% No change 56 $24K
Sims Investment Management, LLC 0.01% New 50 $21K
Larson Financial Group LLC 0.00% No change 50 $21K
Tower Research Capital LLC (TRC) 0.00% Reduce -36.1% 46 $20K
Hoey Investments, Inc. 0.00% No change 39 $17K
Parallel Advisors, LLC 0.00% Add +1450.0% 31 $13K
Global Retirement Partners, LLC 0.00% — 31 $13K
Farther Finance Advisors, LLC 0.00% Reduce -15.6% 27 $12K
North Star Investment Management Corp. 0.00% No change 26 $11K
Sterling Capital Management LLC 0.00% Reduce -27.3% 24 $10K
MPWM Advisory Solutions, LLC 0.00% No change 20 $9K
Allworth Financial LP 0.00% Add +275.0% 15 $6K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -99.6% 13 $6K
Osaic Holdings, Inc. 0.00% Reduce -97.2% 13 $6K
EverSource Wealth Advisors, LLC 0.00% Add +9.1% 12 $5K
US Bancorp \de 0.00% New 12 $5K
Northwestern Mutual Wealth Management Co. 0.00% No change 11 $5K
California State Teachers Retirement System 0.00% Reduce -75.7% 9 $4K
Arax Advisory Partners 0.00% New 8 $3K

"% of holder's portfolio" is BH's weight in each manager's 13F, not the share of Biglari Holdings Inc. Class B the manager owns.

Show all 113 holders