Biglari Holdings Inc. Class ABH.A

13F holders, Q2 2025 (June 30)
27holders +5
6new positions
1sold out
2famous investors
$1400.36avg. 13F price*

At the end of Q2 2025, 27 institutions reported holding Biglari Holdings Inc. Class A (BH.A) in their 13F filings, up 5 from Q1 2025. 6 opened new positions and 1 sold out. The largest holders were Biglari Capital Corp. ($215.2M), GAMCO Investors ($17.9M) and Dimensional Fund Advisors LP ($7.4M). 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 2025 → Q2 2025

InstitutionsTotal Value
New Positions6$1.3M
Exits1$2K

All 13F filers, Q1 2025 → Q2 2025: 1,282 shares bought and 672 shares sold, net +610 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 27 holders

Biglari Capital Corp. 24.88% No change 153,677 $215.2M
GAMCO Investors 0.18% Reduce -2.0% 12,805 $17.9M
Dimensional Fund Advisors LP 0.00% Add +2.4% 5,297 $7.4M
Vanguard Group Inc. 0.00% Add +3.1% 2,922 $4.1M
Check Capital Management Inc. 0.21% Reduce -0.1% 2,312 $3.2M
Gabelli Funds LLC 0.02% Reduce -3.4% 1,570 $2.2M
BlackRock, Inc. 0.00% Reduce -0.4% 1,564 $2.2M
Geode Capital Management, LLC 0.00% Add +4.3% 750 $1.1M
Renaissance Technologies 0.00% Add +39.4% 460 $644K
HRT Financial LP 0.00% New 383 $536K
Cubist Systematic Strategies, LLC 0.01% New 336 $471K
State Street Corp. 0.00% No change 289 $405K
Susquehanna International Group, LLP 0.00% Reduce -30.1% 179 $251K
Northern Trust Corp. 0.00% New 160 $224K
Goldman Sachs Group Inc. 0.00% Reduce -55.4% 156 $218K
Arrowstreet Capital, Limited Partnership 0.00% No change 66 $92K
Morgan Stanley 0.00% Reduce -13.4% 58 $81K
Raymond James Financial Inc. 0.00% New 25 $35K
Bank of America Corp. 0.00% Reduce -5.3% 18 $25K
Comerica Bank 0.00% No change 7 $10K
Ridgewood Investments LLC 0.00% No change 5 $7K
Citigroup Inc. 0.00% New 3 $4K
UBS Group AG 0.00% Reduce -95.1% 3 $4K
North Star Investment Management Corp. 0.00% No change 2 $3K
Sterling Capital Management LLC 0.00% No change 1 $1K
Royal Bank of Canada 0.00% No change 1 $1K
Country Trust Bank 0.00% New 1 $840

"% 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.