Biglari Holdings Inc. - Class A Common Stock, no par value (BHA)

CUSIP: 08986R408

Q3 2025 13F Holders as of 30 Sep 2025

Holder snapshot 6 signals
Share change
+9,302
SEC-reported price per share
$1545.00
Number of holders
39
Value change
+$14,425,061
Number of buys
28
Number of sells
8
Security identity Names, identifiers, and filing context for this profile. 1 source field
Shares outstanding
206,834

Security key

08986R408

Report period

Q3 2025

Institutions

39

Top holders

10

Ownership snapshot

Top reported holders of BHA - Biglari Holdings Inc. - Class A Common Stock, no par value (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader
LION FUND, L.P.
Disclosed value leader
BIGLARI CAPITAL CORP.
Comparable rows
4/15
Latest evidence
30 Jun 2025
13D/G 13F Lead comparable stake: 74% 11 rows are not safely comparable across share classes. 13D/G row: LION FUND, L.P. Showing 1-6 of 15 holder rows.

Quick read

LION FUND, L.P. leads the comparable SEC ownership view at 74%.

4 of 15 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens LION FUND, L.P.'s linked filing trail.
Comparable ownership Top 4
LION FUND, L.P. 74%
GAMCO INVESTORS, INC. ET AL 6.2%
GABELLI FUNDS LLC 0.76%
Cubist Systematic Strategies, LLC 0.16%

Ownership % is shown only when SEC disclosures are safely comparable across share classes.

Detailed SEC evidence table Showing 1-6 of 15 holder rows
Holder Evidence Ownership % Position 12M Net Δ As of
LION FUND, L.P.
13D/G
BIGLARI, SARDAR
74%
$163,205,930
153,678 shares
$0 17 Dec 2024
GAMCO INVESTORS, INC. ET AL
13F
Company
13F
6.2%
$17,931,610
12,805 shares
30 Jun 2025
GABELLI FUNDS LLC
13F
Company
13F
0.76%
$2,198,565
1,570 shares
30 Jun 2025
Cubist Systematic Strategies, LLC
13F
Company
13F
0.16%
$470,521
336 shares
30 Jun 2025
BIGLARI CAPITAL CORP.
13F
Company
13F
mixed-class rows
$622,672,680
1,548,114 shares
mixed-class rows
30 Jun 2025
DIMENSIONAL FUND ADVISORS LP
13F
Company
13F
mixed-class rows
$35,151,679
100,208 shares
mixed-class rows
30 Jun 2025
How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q3 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions
39
Shares
192,352
Rows available
39
Investor Option Weight % Change % SEC-reported value * Price Shares Share Change Activity Report Period

* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q3 2025 vs Q2 2025 Across Filers

Q2 2025 holders
27
Q3 2025 holders
39
Holder diff
12
Investor Q2 2025 Shares Q3 2025 Shares Share Diff Share Chg % Q2 2025 value Q3 2025 value Value change Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend
Quarterly Value Trend
Quarterly Shares Trend
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