Biglari Holdings Inc. Class BBH
13F holders, Q2 2026 (June 30)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
Total Exit/New Position Q1 2026 → Q2 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 22 | $10.8M |
| Exits | 24 | $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.