Biglari Holdings Inc. Class ABH.A

13F holders, Q2 2026 (June 30)
58holders +15
28new positions
14sold out
2famous investors
$2104.35avg. 13F price*

At the end of Q2 2026, 58 institutions reported holding Biglari Holdings Inc. Class A (BH.A) in their 13F filings, up 15 from Q1 2026. 28 opened new positions and 14 sold out. The largest holders were Biglari Capital Corp. ($325.1M), GAMCO Investors ($23.2M) and Renaissance Technologies ($12.8M). 2 famous investors held it, including Mario Gabelli (0.2% of GAMCO Investors's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).

Company
Biglari Holdings Inc. Class A
CUSIP
08986R408
Latest filing quarter
Q2 2026

History

Number of 13F holders

0204060 Q1 2024: 20Q1 2024Q2 2024: 22Q2 2024Q3 2024: 23Q3 2024Q4 2024: 24Q4 2024Q1 2025: 22Q1 2025Q2 2025: 27Q2 2025Q3 2025: 39Q3 2025Q4 2025: 36Q4 2025Q1 2026: 43Q1 2026Q2 2026: 58Q2 2026

Total Exit/New Position Q1 2026 → Q2 2026

InstitutionsTotal Value
New Positions28$27.9M
Exits14$13.4M

All 13F filers, Q1 2026 → Q2 2026: 21,667 shares bought and 8,887 shares sold, net +12,780 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 58 holders

Biglari Capital Corp. 27.21% No change 154,474 $325.1M
GAMCO Investors 0.21% Reduce -1.7% 11,038 $23.2M
Renaissance Technologies 0.02% Add +5.3% 6,065 $12.8M
Dimensional Fund Advisors LP 0.00% Reduce -0.7% 5,753 $12.1M
BlackRock, Inc. 0.00% Add +101.3% 5,414 $11.4M
Jane Street Group, LLC 0.01% New 5,048 $10.6M
First Trust Advisors LP 0.01% New 4,481 $9.4M
UBS Group AG 0.00% Add +445.7% 3,296 $6.9M
Victory Capital Management Inc. 0.00% Add +38.9% 2,745 $5.8M
Vanguard Capital Management LLC 0.00% Add +14.6% 2,437 $5.1M
Marshall Wace, LLP 0.00% Reduce -5.2% 2,236 $4.7M
Geode Capital Management, LLC 0.00% Add +77.9% 1,889 $4.0M
Check Capital Management Inc. 0.19% Reduce -1.0% 1,562 $3.3M
Gabelli Funds LLC 0.02% No change 1,560 $3.3M
Dark Forest Capital Management LP 0.14% New 1,067 $2.2M
XTX Topco Ltd 0.03% Add +3.6% 969 $2.0M
State Street Corp. 0.00% Add +56.3% 875 $1.8M
Northern Trust Corp. 0.00% Add +216.3% 446 $939K
STRS Ohio 0.00% New 400 $842K
Balyasny Asset Management L.P. 0.00% Reduce -54.0% 395 $831K
Vanguard Fiduciary Trust Co. 0.00% Add +23.5% 373 $785K
Vanguard Portfolio Management LLC 0.00% New 362 $762K
Bank of New York Mellon Corp 0.00% New 229 $482K
Goldman Sachs Group Inc. 0.00% Reduce -31.8% 223 $469K
Morgan Stanley 0.00% Reduce -8.1% 205 $431K
Nuveen, LLC 0.00% New 193 $406K
Brevan Howard Capital Management LP 0.01% New 170 $358K
EntryPoint Capital, LLC 0.08% New 166 $349K
Alliancebernstein L.P. 0.00% New 200 $349K
Blueshift Asset Management, LLC 0.06% New 125 $263K
Susquehanna International Group, LLP 0.00% New 122 $257K
Sei Investments Co. 0.00% New 115 $242K
Shay Capital LLC 0.03% New 108 $227K
Virtu Financial LLC 0.01% New 103 $215K
New York State Common Retirement Fund 0.00% New 100 $210K
FMR LLC 0.00% Add +2.1% 95 $199K
Quantbot Technologies LP 0.01% Reduce -68.8% 82 $173K
Rhumbline Advisers 0.00% New 75 $158K
Vanguard Global Advisers, LLC 0.00% No change 65 $137K
Deutsche Bank AG 0.00% New 54 $114K
Wells Fargo & Company 0.00% New 45 $95K
Citigroup Inc. 0.00% Add +700.0% 32 $67K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% New 26 $55K
Police & Firemen's Retirement System of New Jersey 0.00% New 25 $53K
JPMorgan Chase & Co. 0.00% New 23 $50K
Barclays PLC 0.00% New 16 $34K
BNP Paribas Financial Markets 0.00% New 16 $34K
Fifth Third Bancorp 0.00% No change 7 $15K
O'shaughnessy Asset Management, LLC 0.00% No change 6 $13K
Royal Bank of Canada 0.00% Add +50.0% 6 $12K
Ameritas Investment Partners, Inc. 0.00% New 5 $11K
Russell Investments Group, Ltd. 0.00% New 4 $8K
Legal & General Group Plc 0.00% New 3 $6K
North Star Investment Management Corp. 0.00% No change 2 $4K
Sterling Capital Management LLC 0.00% Add +100.0% 2 $4K
Tower Research Capital LLC (TRC) 0.00% Reduce -94.7% 2 $4K
Covestor Ltd 0.00% New 2 $4K
Global Retirement Partners, LLC 0.00% — 1 $2K

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