# BIGLARI HLDGS INC (BHA)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/BHA/

- Reporting holders: 59
- Reported value: $458.7M
- Held through calls: 0.0%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [BIGLARI CAPITAL CORP.](https://holderbook.com/funds/1334429-biglari-capital-corp/) | $325.1M | 154,474 | 27.2% | 31 |
| [GAMCO INVESTORS, INC. ET AL](https://holderbook.com/funds/807249-gamco-investors-inc-et-al/) | $23.2M | 11,038 | 0.2% | 31 |
| [RENAISSANCE TECHNOLOGIES LLC](https://holderbook.com/funds/1037389-renaissance-technologies-llc/) | $12.8M | 6,065 | 0.0% | 14 |
| [DIMENSIONAL FUND ADVISORS LP](https://holderbook.com/funds/354204-dimensional-fund-advisors-lp/) | $12.1M | 5,753 | 0.0% | 31 |
| [BlackRock, Inc.](https://holderbook.com/funds/2012383-blackrock-inc/) | $11.4M | 5,414 | 0.0% | 8 |
| [JANE STREET GROUP, LLC](https://holderbook.com/funds/1595888-jane-street-group-llc/) | $10.6M | 5,048 | 0.0% | 1 |
| [FIRST TRUST ADVISORS LP](https://holderbook.com/funds/1125816-first-trust-advisors-lp/) | $9.4M | 4,481 | 0.0% | 1 |
| [UBS Group AG](https://holderbook.com/funds/1610520-ubs-group-ag/) | $6.9M | 3,296 | 0.0% | 12 |
| [CHECK CAPITAL MANAGEMENT INC/CA](https://holderbook.com/funds/1032814-check-capital-management-inc-ca/) | $6.6M | 3,124 | 0.1% | 31 |
| [VICTORY CAPITAL MANAGEMENT INC](https://holderbook.com/funds/1040188-victory-capital-management-inc/) | $5.8M | 2,745 | 0.0% | 2 |
| [VANGUARD CAPITAL MANAGEMENT LLC](https://holderbook.com/funds/2100119-vanguard-capital-management-llc/) | $5.1M | 2,437 | 0.0% | 2 |
| [MARSHALL WACE, LLP](https://holderbook.com/funds/1318757-marshall-wace-llp/) | $4.7M | 2,236 | 0.0% | 4 |
| [GEODE CAPITAL MANAGEMENT, LLC](https://holderbook.com/funds/1214717-geode-capital-management-llc/) | $4.0M | 1,889 | 0.0% | 31 |
| [STATE STREET CORP](https://holderbook.com/funds/93751-state-street-corp/) | $3.7M | 1,750 | 0.0% | 14 |
| [GABELLI FUNDS LLC](https://holderbook.com/funds/1081407-gabelli-funds-llc/) | $3.3M | 1,560 | 0.0% | 31 |
| [DARK FOREST CAPITAL MANAGEMENT LP](https://holderbook.com/funds/1853322-dark-forest-capital-management-lp/) | $2.2M | 1,067 | 0.1% | 1 |
| [XTX Topco Ltd](https://holderbook.com/funds/1828301-xtx-topco-ltd/) | $2.0M | 969 | 0.0% | 2 |
| [NORTHERN TRUST CORP](https://holderbook.com/funds/73124-northern-trust-corp/) | $938.7K | 446 | 0.0% | 3 |
| [STRS OHIO](https://holderbook.com/funds/820478-strs-ohio/) | $841.9K | 400 | 0.0% | 1 |
| [Balyasny Asset Management L.P.](https://holderbook.com/funds/1218710-balyasny-asset-management-l-p/) | $831.3K | 395 | 0.0% | 3 |
| [VANGUARD FIDUCIARY TRUST CO](https://holderbook.com/funds/933478-vanguard-fiduciary-trust-co/) | $785.0K | 373 | 0.0% | 2 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](https://holderbook.com/funds/2100121-vanguard-portfolio-management-llc/) | $761.9K | 362 | 0.0% | 1 |
| [Bank of New York Mellon Corp](https://holderbook.com/funds/1390777-bank-of-new-york-mellon-corp/) | $482.0K | 229 | 0.0% | 1 |
| [GOLDMAN SACHS GROUP INC](https://holderbook.com/funds/886982-goldman-sachs-group-inc/) | $469.3K | 223 | 0.0% | 7 |
| [MORGAN STANLEY](https://holderbook.com/funds/895421-morgan-stanley/) | $431.5K | 205 | 0.0% | 33 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 59 | $458.7M |
| Q1 2026 | 43 | $353.3M |
| Q4 2025 | 36 | $336.9M |
| Q3 2025 | 40 | $297.2M |
| Q2 2025 | 27 | $256.3M |
| Q1 2025 | 22 | $200.7M |
| Q4 2024 | 24 | $232.2M |
| Q3 2024 | 23 | $146.5M |
| Q2 2024 | 22 | $160.8M |
| Q1 2024 | 20 | $170.1M |
| Q4 2023 | 19 | $139.4M |
| Q3 2023 | 18 | $146.4M |