Biglari Holdings Inc. Class ABH.A
13F holders, Q1 2026 (March 31)At the end of Q1 2026, 43 institutions reported holding Biglari Holdings Inc. Class A (BH.A) in their 13F filings, up 7 from Q4 2025. 11 opened new positions and 5 sold out. The largest holders were Biglari Capital Corp. ($269.2M), GAMCO Investors ($19.6M) and Dimensional Fund Advisors LP ($10.1M). 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 Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Biglari Holdings Inc. Class A
- CUSIP
- 08986R408
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 11 | $6.5M |
| Exits | 5 | $2.9M |
All 13F filers, Q4 2025 → Q1 2026: 12,560 shares bought and 3,438 shares sold, net +9,122 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 43 holders
| Biglari Capital Corp. | 28.97% | No change | 154,474 | $269.2M |
| GAMCO Investors | 0.19% | Reduce -5.3% | 11,229 | $19.6M |
| Dimensional Fund Advisors LP | 0.00% | Reduce -1.1% | 5,793 | $10.1M |
| Renaissance Technologies | 0.02% | Add +36.2% | 5,760 | $10.0M |
| BlackRock, Inc. | 0.00% | Add +70.4% | 2,690 | $4.7M |
| Marshall Wace, LLP | 0.00% | Add +248.3% | 2,358 | $4.1M |
| Trexquant Investment LP | 0.03% | Add +26.7% | 2,347 | $4.1M |
| Vanguard Capital Management LLC | 0.00% | — | 2,127 | $3.7M |
| Victory Capital Management Inc. | 0.00% | New | 1,977 | $3.4M |
| Check Capital Management Inc. | 0.17% | Reduce -28.3% | 1,578 | $2.7M |
| Gabelli Funds LLC | 0.02% | No change | 1,560 | $2.7M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Add +55.1% | 1,370 | $2.4M |
| Millennium Management | 0.00% | Add +184.3% | 1,160 | $2.0M |
| Geode Capital Management, LLC | 0.00% | Add +23.5% | 1,062 | $1.9M |
| XTX Topco Ltd | 0.03% | New | 935 | $1.6M |
| Balyasny Asset Management L.P. | 0.00% | Add +276.3% | 858 | $1.5M |
| Aquatic Capital Management LLC | 0.04% | Add +231.4% | 822 | $1.4M |
| UBS Group AG | 0.00% | Add +815.1% | 604 | $1.1M |
| State Street Corp. | 0.00% | Reduce -27.3% | 560 | $976K |
| HRT Financial LP | 0.00% | Add +104.6% | 532 | $927K |
| Point72 Asset Management | 0.00% | Add +1.9% | 471 | $821K |
| Goldman Sachs Group Inc. | 0.00% | Reduce -41.9% | 327 | $570K |
| Vanguard Fiduciary Trust Co. | 0.00% | — | 302 | $526K |
| Quantbot Technologies LP | 0.02% | Add +839.3% | 263 | $458K |
| Morgan Stanley | 0.00% | Add +57.0% | 223 | $389K |
| Engineers Gate Manager LP | 0.00% | New | 198 | $345K |
| Quadrature Capital Ltd | 0.00% | New | 186 | $324K |
| Qube Research & Technologies Ltd | 0.00% | Add +1258.3% | 163 | $284K |
| Northern Trust Corp. | 0.00% | No change | 141 | $246K |
| Inceptionr LLC | 0.06% | New | 135 | $235K |
| Man Group plc | 0.00% | New | 128 | $223K |
| Marex Group Ltd | 0.00% | New | 119 | $207K |
| FMR LLC | 0.00% | Add +210.0% | 93 | $161K |
| Caitong International Asset Management Co., Ltd | 0.03% | Add +26.1% | 82 | $143K |
| Vanguard Global Advisers, LLC | 0.00% | — | 65 | $113K |
| Tower Research Capital LLC (TRC) | 0.00% | New | 38 | $66K |
| Fifth Third Bancorp | 0.00% | New | 7 | $12K |
| O'shaughnessy Asset Management, LLC | 0.00% | New | 6 | $10K |
| Royal Bank of Canada | 0.00% | No change | 4 | $7K |
| Citigroup Inc. | 0.00% | No change | 4 | $7K |
| Parallel Advisors, LLC | 0.00% | New | 3 | $5K |
| North Star Investment Management Corp. | 0.00% | No change | 2 | $3K |
| Sterling Capital Management LLC | 0.00% | No change | 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.