Security key
08986R408
Biglari Holdings Inc. - Class A Common Stock, no par value (BHA)
CUSIP: 08986R408
Q4 2025 13F Holders as of 31 Dec 2025
- Security type / class
- Equity / Class A Common Stock, no par value
- Total 13F shares
- 193,707
- Total 13F value
- $337,062,143
- Share change
- +1,756
- SEC-reported price per share
- $1740.05
- Number of holders
- 37
- Value change
- +$3,452,135
- Number of buys
- 23
- Number of sells
- 18
- Shares outstanding
- 206,834
Holder snapshot
6 signals
Security identity
Names, identifiers, and filing context for this profile.
1 source field
Report period
Q4 2025
Institutions
37
Top holders
10
BHA full security history
Ownership snapshot
Full 13F holder table
Newer quarter: Q1 2026
Previous quarter: Q3 2025
Biglari Holdings Inc. SEC filings
Biglari Holdings Inc. company facts
Biglari Holdings Inc. 13D/G history
Broader feeds
Reporting periods
Holder history for CUSIP 08986R408
Recent filing periods:
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
14/15
Latest evidence
30 Sep 2025
13D/G
13F
Lead comparable stake: 74%
1 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%.
14 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 5
LION FUND, L.P.
74%
GAMCO INVESTORS, INC. ET AL
5.9%
GABELLI FUNDS LLC
0.75%
CITADEL ADVISORS LLC
0.37%
Trexquant Investment LP
0.34%
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
|
5.9%
|
$18,771,750
12,150 shares
|
— | 30 Sep 2025 |
| GABELLI FUNDS LLC |
13F
Company
|
0.75%
|
$2,410,200
1,560 shares
|
— | 30 Sep 2025 |
| CITADEL ADVISORS LLC |
13F
Company
|
0.37%
|
$1,180,380
764 shares
|
— | 30 Sep 2025 |
| Trexquant Investment LP |
13F
Company
|
0.34%
|
$1,092,315
707 shares
|
— | 30 Sep 2025 |
| MARSHALL WACE, LLP |
13F
Company
|
0.32%
|
$1,016,610
658 shares
|
— | 30 Sep 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 Q4 2025
Investor-level positions for this CUSIP, loaded as an interactive table.
Institutions
37
Shares
193,707
Rows available
37
| 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 Q4 2025 vs Q3 2025 Across Filers
Q3 2025 holders
39
Q4 2025 holders
37
Holder diff
-2
| Investor | Q3 2025 Shares | Q4 2025 Shares | Share Diff | Share Chg % | Q3 2025 value | Q4 2025 value | Value change | Value Chg % |
|---|
Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).
Quarterly Holders Trend
Quarterly Value Trend
Quarterly Shares Trend