Biglari Holdings

BH, BH.A (share classes combined)

Source: the SEC Form 13F filings of the managers we follow, latest for Q3 2026. How we use them

Managers holding

In their latest 13F (Q3 2026)

See who

Value held

$952m

Combined value at quarter end

Last quarter

1 bought

0 sold or trimmed

Price at Q2 ’26 end

$2,104.69

+20.8% in the quarter

Prices here are quarter-end prices implied by the 13F filings. Today’s price on Yahoo Finance

Share price change by quarter

-8.8%Q3 ’24

+53.2%Q4 ’24

-13.7%Q1 ’25

+27.3%Q2 ’25

+10.3%Q3 ’25

+12.6%Q4 ’25

+0.2%Q1 ’26

+20.8%Q2 ’26

Change in the quarter-end price implied by managers’ 13F filings, adjusted for stock splits. Excludes dividends.

Managers holding it, by quarter

1Q4 ’23

1Q1 ’24

1Q2 ’24

1Q3 ’24

1Q4 ’24

1Q1 ’25

1Q2 ’25

1Q3 ’25

1Q4 ’25

1Q1 ’26

1Q2 ’26

0Q3 ’26

Counts the managers on this site whose 13F for that quarter includes Biglari Holdings.

Who holds it

Each manager’s latest 13F, sorted by how much of their portfolio it is. Changes are against their previous quarter.

Managers holding Biglari Holdings

Biglari Capital	79.7%$952m	$952m	Added +3.5%	33 qtrs

Download the holders: CSV · JSON · Markdown

About the company

Sector: Consumer discretionary · Retail-Eating Places
Incorporated in: Indiana
Financial year ends: 31 December
SEC filings: Annual reports and other filings on EDGAR

Revenue and profit

$434m2020

$366m2021

$368m2022

$365m2023

$362m2024

$395m2025

Biglari Holdings revenue and net income by year
Year	Revenue	Net income
2025	$395m	−$37.5m
2024	$362m	−$3.8m
2023	$365m	$54.9m
2022	$368m	−$32.0m
2021	$366m	$35.5m
2020	$434m	−$38.0m

From the company’s XBRL financial statements filed with the SEC, for each financial year. Gaps mean the company didn’t report that figure in a standard form.