$BH-A

$1,868.42 -$16.22 (0.86%) Close

$BH-A Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 2.3M shares outstanding

Who owns BH-A?

By type of holder

Institutions 9.2% Insiders 0.0% Everyone else 90.8%

Concentration Top 10 holders own 20.9%

Biglari Capital Corp. 6.6% · Biglari, Sardar 6.6%

Institutional ownership

9.2%

+0.5 pts vs last qtr

Institutional holders

+14 vs last qtr

Net shares bought

+12.7K

by institutions in Q2 2026

New / sold out

28 / 14

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Jane Street Group, LLC NEW +5.0K
First Trust Advisors LP NEW +4.5K

Biggest sellers in Q2 2026

Trexquant Investment LP SOLD OUT −2.3K
Arrowstreet Capital, Limited Partnership SOLD OUT −1.4K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Biglari Holdings Inc in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for Biglari Holdings Inc.

How patient are the owners?

Institutional shares by how long they've been held

5+ years86% 3–5 years3% 1–3 years2% Under 1 year9%

Quarterly turnover

7.6%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting BH-A on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
BC Biglari Capital Corp. 13D · 74.3%	154.5K	6.63%	Unchanged	≤2021	27.2%
Shares held by quarter Peak holding154.5K (Q4'25) Change over 8 quarters+6.7K Share of the company6.630% Disclosed stake13D · 74.3% Biglari Capital Corp.'s full portfolio →
GI Gamco Investors, Inc. Et Al 13D · 0.0%	11.0K	0.47%	−191 (−1.7%)	≤2021	0.2%
Shares held by quarter Peak holding13.4K (Q3'24) Change over 8 quarters−2.4K Share of the company0.470% Disclosed stake13D · 0.0% Gamco Investors, Inc. Et Al's full portfolio →

Biglari Capital Corp.

13D · 74.3%

154.5K

% of company

6.63%

Change vs last qtr

Unchanged

Held since

≤2021

Gamco Investors, Inc. Et Al

13D · 0.0%

11.0K

% of company

0.47%

Change vs last qtr

−191 (−1.7%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Biglari Holdings Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting BH-A on Form N-PORT; together they hold 1.2% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
1V 1290 VT GAMCO Small Company Value Portfolio EQ Advisors Trust	$20M	9.5K	0.41%	0.45%	June 30, 2026
VU VictoryShares US Small Mid Cap Value Momentum ETF Victory Portfolios II	$5.78M	2.7K	0.12%	0.33%	June 30, 2026

1290 VT GAMCO Small Company Value Portfolio

EQ Advisors Trust

Position value

$20M

% of company

0.41%

% of the fund

0.45%

As of

June 30, 2026

VictoryShares US Small Mid Cap Value Momentum ETF

Victory Portfolios II

Position value

$5.78M

% of company

0.12%

% of the fund

0.33%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Biglari Holdings Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
BS Biglari, Sardar 5%+ holder 13D · 74.3%	153.7K	6.60%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company6.600% Disclosed stake13D · 74.3% View the 13D/G filing →
LF Lion Fund, L.P. 5%+ holder 13D · 61.9%	128.0K	5.49%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company5.490% Disclosed stake13D · 61.9% View the 13D/G filing →

Biglari, Sardar

5%+ holder13D · 74.3%

153.7K

% of company

6.60%

Change vs last qtr

—

Held since

—

Lion Fund, L.P.

5%+ holder13D · 61.9%

128.0K

% of company

5.49%

Change vs last qtr

—

Held since

—

1 more holders behind a free account

See every insider and 5%+ holder of Biglari Holdings Inc.

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