BH — BIGLARI HLDGS INC
As of Q2 2026, 25 SEC-registered investment managers reported holding BH (BIGLARI HLDGS INC) in their latest 13F filings, with a combined reported value of $107.07M across 251.59K shares. That is +15.4% by share count (+33.51K shares) versus the previous quarter, while reported value moved +49.0%. Ownership is concentrated: the five largest holders account for 72.9% of reported value and the top ten for 91.7%.
Compared with the prior quarter, 4 opened new positions, 15 added to existing stakes, 6 trimmed, 2 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
BH is classified in the Consumer Discretionary sector.
All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.
| Fund | Quarter | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|---|
| Two Sigma Investments history | Q2 2026 | 50.62K | $21.56M | 0.02% | Add |
| BlackRock Inc history | Q2 2026 | 46.13K | $19.65M | 0.00% | Add |
| Vanguard Group history | Q4 2025 | 39.93K | $13.27M | 0.00% | Add |
| Marshall Wace history | Q2 2026 | 31.02K | $13.21M | 0.01% | Reduce |
| Renaissance Technologies history | Q2 2026 | 28.63K | $12.20M | 0.02% | Add |
| Millennium Management history | Q2 2026 | 26.77K | $11.41M | 0.00% | Add |
| Geode Capital Management history | Q2 2026 | 14.92K | $6.36M | 0.00% | Add |
| AQR Capital Management history | Q2 2026 | 9.49K | $4.04M | 0.00% | Add |
| JPMorgan Chase & Co history | Q2 2026 | 7.85K | $3.43M | 0.00% | New |
| Arrowstreet Capital history | Q1 2026 | 10.35K | $3.41M | 0.00% | Reduce |
| Charles Schwab Investment Management history | Q2 2026 | 7.70K | $3.28M | 0.00% | Add |
| Goldman Sachs Group history | Q1 2026 | 9.35K | $3.08M | 0.00% | Add |
| Northern Trust Corp history | Q2 2026 | 7.16K | $3.05M | 0.00% | Add |
| Point72 Asset Management history | Q2 2026 | 4.19K | $1.78M | 0.00% | Reduce |
| Citadel Advisors history | Q2 2026 | 2.98K | $1.27M | 0.00% | New |
| Morgan Stanley history | Q2 2026 | 2.74K | $1.17M | 0.00% | Reduce |
| Bank of America Corp history | Q2 2026 | 2.04K | $868.67K | 0.00% | Add |
| BNY Mellon history | Q2 2026 | 1.98K | $844.71K | 0.00% | Add |
| Invesco Ltd history | Q2 2026 | 1.83K | $779.63K | 0.00% | Reduce |
| UBS Group AG history | Q2 2026 | 1.62K | $688.89K | 0.00% | Add |
New Positions (Q2 2026)
- JPMorgan Chase & Co 7.85K sh · $3.43M
- Citadel Advisors 2.98K sh · $1.27M
- CPP Investments 560 sh · $238.58K
- T. Rowe Price Associates 482 sh · $206
Fully Exited (vs previous quarter)
- Arrowstreet Capital sold 10.35K sh · $3.41M
- Goldman Sachs Group sold 9.35K sh · $3.08M
Fund Position History — shares by quarter (top 20 funds)
| Fund | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Two Sigma Investments | 4.85K | 6.49K | 3.42K | — | — | — | — | — | — | — | — | — | — | — | — | 4.40K | 11.56K | 7.65K | 8.60K | 50.62K |
| BlackRock Inc | — | — | — | — | — | — | — | — | — | — | — | — | 55.10K | 55.41K | 54.66K | 51.91K | 53.91K | 49.84K | 45.05K | 46.13K |
| Marshall Wace | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 704 | 32.21K | 31.02K |
| Renaissance Technologies | 3.96K | 3.28K | 2.05K | — | — | — | 2.92K | 2.86K | 1.87K | 2.05K | 2.17K | 2.39K | 2.48K | 5.52K | 5.93K | 6.33K | 15.38K | 10.97K | 21.74K | 28.63K |
| Millennium Management | 5.40K | 3.94K | 2.48K | 2.90K | 3.26K | 3.22K | 2.52K | 1.47K | — | — | — | — | — | — | 993 | 1.07K | — | 10.55K | 17.34K | 26.77K |
| Geode Capital Management | 13.95K | 13.32K | 13.94K | 14.16K | 12.67K | 12.63K | 12.27K | 13.61K | 14.46K | 15.14K | 15.63K | 16.12K | 16.04K | 15.68K | 15.80K | 15.39K | 14.42K | 14.63K | 13.83K | 14.92K |
| AQR Capital Management | 1.30K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 795 | 3.18K | 5.86K | 5.93K | 9.49K |
| JPMorgan Chase & Co | 635 | 1.68K | 1.03K | 512 | 553 | 597 | 222 | 948 | 802 | 1.35K | 1.90K | 568 | 845 | 16.14K | 27.38K | 27.01K | 32.66K | 16.07K | — | 7.85K |
| Charles Schwab Investment Management | 1.72K | 1.72K | 2.39K | 2.13K | 2.13K | 2.13K | 2.17K | 2.20K | 2.20K | 2.20K | 2.20K | 2.20K | 2.20K | 2.33K | 2.34K | 2.20K | 7.21K | 7.03K | 6.84K | 7.70K |
| Northern Trust Corp | 9.28K | 9.27K | 8.82K | 8.32K | 8.20K | 8.27K | 8.03K | 8.06K | 8.08K | 8.55K | 8.24K | 7.97K | 8.02K | 7.80K | 7.55K | 7.08K | 7.13K | 6.61K | 6.93K | 7.16K |
| Point72 Asset Management | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1.46K | 10.69K | 5.22K | 4.19K |
| Citadel Advisors | — | — | — | — | — | — | 2.85K | 3.76K | 2.65K | 1.22K | — | — | 1.38K | — | — | 6.76K | — | 8.67K | — | 2.98K |
| Morgan Stanley | 7.49K | 5.90K | 714 | 1.29K | 1.90K | 2.11K | 2.37K | 2.77K | 2.75K | 4.51K | 4.22K | 4.70K | 5.81K | 4.45K | 2.84K | 10.79K | 14.56K | 6.00K | 3.29K | 2.74K |
| Bank of America Corp | 351 | 634 | 204 | 104 | 270 | 551 | 680 | 683 | 1.63K | 2.67K | 1.60K | 1.57K | 1.74K | 1.39K | 894 | 700 | 479 | 730 | 1.29K | 2.04K |
| BNY Mellon | 3.91K | 8.83K | 9.29K | 7.68K | 8.23K | 3.15K | 2.87K | 2.89K | 2.50K | 3.98K | 3.82K | 3.95K | 3.36K | 1.83K | 2.02K | 2.14K | 1.93K | 1.78K | 1.67K | 1.98K |
| Invesco Ltd | 2.66K | 2.08K | — | — | — | — | — | — | — | — | — | — | — | 15.80K | — | 9.63K | 40.44K | 24.01K | 19.94K | 1.83K |
| UBS Group AG | — | 851 | — | — | — | 203 | 213 | 412 | 449 | 813 | 750 | 334 | 453 | 1.20K | 2.28K | 1.55K | 3.99K | 3.92K | 1.60K | 1.62K |
| D. E. Shaw & Co | 7.38K | 7.45K | 7.46K | 7.44K | 7.44K | 6.91K | 5.15K | 3.52K | 1.64K | — | — | — | — | — | — | — | — | — | 5.57K | 1.02K |
| Deutsche Bank AG | 2.55K | 2.58K | 440 | 378 | 337 | 341 | 453 | — | — | — | — | — | — | 172 | 364 | 364 | 364 | 419 | 419 | 672 |
| Wells Fargo & Co | 6.47K | 3.89K | 1.41K | 40 | 32 | 30 | 130 | 288 | 189 | 227 | 261 | 320 | 333 | 427 | 436 | 433 | 717 | 785 | 285 | 593 |
▲ Bought Low (fund opened/added, stock rose ≥5% next quarter) ▼ Sold High (fund reduced, stock fell ≥5% next quarter)
Drag / scroll to zoom · Default shows the most recent year · Annotations come from quarterly fund actions in 13F filings · Hover a marker for details