Biglari Holdings Class A (BH.A)

• Sector: Consumer Discretionary
• Industry: Eating Places

Market Cap: $532M

About: Biglari Holdings Inc is a holding company that owns subsidiaries in a range of businesses. The company's reportable segments include Restaurant Operations, Insurance Operations, Oil and Gas Operations, and Maxim. The majority of revenue is derived from the Restaurant Operations segment. The Restaurant Operations segment includes Steak n Shake and Western Sizzlin Restaurant businesses.

Employees: 2,466

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

10% more funds holding

Funds holding: 20 [Q1] → 22 (+2) [Q2]

0.11% more ownership

Funds ownership: 83.79% [Q1] → 83.9% (+0.11%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 5

5% less capital invested

Capital invested by funds: $170M [Q1] → $161M (-$9.3M) [Q2]