Biglari Holdings Inc. Class ABH.A
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 39 institutions reported holding Biglari Holdings Inc. Class A (BH.A) in their 13F filings, up 12 from Q2 2025. 17 opened new positions and 4 sold out. The largest holders were Biglari Capital Corp. ($237.4M), GAMCO Investors ($18.8M) and Dimensional Fund Advisors LP ($9.0M). 4 famous investors held it, including Mario Gabelli (0.2% of GAMCO Investors's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Biglari Holdings Inc. Class A
- CUSIP
- 08986R408
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 17 | $9.1M |
| Exits | 4 | $517K |
All 13F filers, Q2 2025 → Q3 2025: 10,437 shares bought and 1,135 shares sold, net +9,302 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 39 holders
| Biglari Capital Corp. | 26.00% | No change | 153,677 | $237.4M |
| GAMCO Investors | 0.18% | Reduce -5.1% | 12,150 | $18.8M |
| Dimensional Fund Advisors LP | 0.00% | Add +9.6% | 5,804 | $9.0M |
| Renaissance Technologies | 0.01% | Add +664.8% | 3,518 | $5.4M |
| Vanguard Group Inc. | 0.00% | Add +1.5% | 2,967 | $4.6M |
| Check Capital Management Inc. | 0.22% | Reduce -4.3% | 2,212 | $3.4M |
| BlackRock, Inc. | 0.00% | No change | 1,564 | $2.4M |
| Gabelli Funds LLC | 0.02% | Reduce -0.6% | 1,560 | $2.4M |
| Geode Capital Management, LLC | 0.00% | Add +22.9% | 922 | $1.4M |
| Citadel Advisors | 0.00% | New | 764 | $1.2M |
| Qube Research & Technologies Ltd | 0.00% | New | 722 | $1.1M |
| Trexquant Investment LP | 0.01% | New | 707 | $1.1M |
| Marshall Wace, LLP | 0.00% | New | 658 | $1.0M |
| HRT Financial LP | 0.00% | Add +64.5% | 630 | $973K |
| State Street Corp. | 0.00% | Add +111.8% | 612 | $946K |
| Quantbot Technologies LP | 0.02% | New | 587 | $907K |
| Quadrature Capital Ltd | 0.01% | New | 560 | $866K |
| Cubist Systematic Strategies, LLC | 0.01% | Add +30.6% | 439 | $678K |
| XTX Topco Ltd | 0.03% | New | 356 | $550K |
| ExodusPoint Capital Management, LP | 0.01% | New | 279 | $431K |
| Engineers Gate Manager LP | 0.00% | New | 260 | $402K |
| Marex Group Ltd | 0.00% | New | 202 | $312K |
| OMERS ADMINISTRATION Corp | 0.00% | New | 200 | $309K |
| Semanteon Capital Management, LP | 0.34% | New | 177 | $273K |
| Verition Fund Management LLC | 0.00% | New | 160 | $247K |
| Goldman Sachs Group Inc. | 0.00% | Add +2.6% | 160 | $247K |
| Millennium Management | 0.00% | New | 159 | $246K |
| Morgan Stanley | 0.00% | Add +122.4% | 129 | $199K |
| Arrowstreet Capital, Limited Partnership | 0.00% | No change | 66 | $102K |
| Caitong International Asset Management Co., Ltd | 0.04% | New | 38 | $59K |
| Tower Research Capital LLC (TRC) | 0.00% | New | 34 | $53K |
| Royal Bank of Canada | 0.00% | Add +2700.0% | 28 | $43K |
| UBS Group AG | 0.00% | Add +533.3% | 19 | $29K |
| Bank of America Corp. | 0.00% | Reduce -5.6% | 17 | $26K |
| Comerica Bank | 0.00% | No change | 7 | $11K |
| Citigroup Inc. | 0.00% | Add +33.3% | 4 | $6K |
| North Star Investment Management Corp. | 0.00% | No change | 2 | $3K |
| Sterling Capital Management LLC | 0.00% | No change | 1 | $2K |
| Country Trust Bank | 0.00% | No change | 1 | $927 |
"% 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.