BIGLARI CAPITAL CORP. Long-Term Concentrated

Location: San Antonio, TX

CIK: 0001334429 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value: $865M (100.0% shares, 0.0% debt)

Holdings (12)

BH BIGLARI HLDGS INC 47.1%

Value $407M Shares 1,394,437 Est. Cost $210.64 Unrealized +15.2%

BH/A BIGLARI HLDGS INC 24.9%

Value $215M Shares 153,677 Est. Cost $919.48 Unrealized +29.8%

RACE FERRARI N V 10.5%

Value $90.54M Shares 184,500 Est. Cost $278.46 Unrealized +66.8%

CBRL CRACKER BARREL OLD CTRY STOR 6.3%

Value $54.78M Shares 896,775 Est. Cost $59.07 Unrealized -16.1%

LOCO EL POLLO LOCO HLDGS INC 5.1%

Value $44.04M Shares 4,000,000 Est. Cost $9.67 Unrealized +2.5%

JACK JACK IN THE BOX INC 3.4%

Value $29.4M Shares 1,683,652 Est. Cost $64.31 Unrealized -65.0%

WYNN WYNN RESORTS LTD 1.6%

Value $13.47M Shares 143,801 Est. Cost $79.44 Unrealized +6.2%

KMX CARMAX INC 1.0%

Value $8.429M Shares 125,420 Est. Cost $74.22 Unrealized -9.4%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value $1.458M Shares 2 Est. Cost $324481.38 Unrealized +134.8%

BHC BAUSCH HEALTH COS INC 0.0%

Value $274K Shares 41,070 Est. Cost $22.90 Unrealized -77.6%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.0%

Value $22,649 Shares 100 Est. Cost $72.68 Unrealized —

KO COCA COLA CO 0.0%

Value $8,490 Shares 120 Est. Cost $53.47 Unrealized +30.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BH	BIGLARI HLDGS INC	1,394,437	$407M	47.1%	$210.64	+15.2%	COM STK CL B	08986R309
BH/A	BIGLARI HLDGS INC	153,677	$215M	24.9%	$919.48	+29.8%	COM STK CL A	08986R408
RACE	FERRARI N V	184,500	$90.54M	10.5%	$278.46	+66.8%	COM	N3167Y103
CBRL	CRACKER BARREL OLD CTRY STOR	896,775	$54.78M	6.3%	$59.07	-16.1%	COM	22410J106
LOCO	EL POLLO LOCO HLDGS INC	4,000,000	$44.04M	5.1%	$9.67	+2.5%	COM	268603107
JACK	JACK IN THE BOX INC	1,683,652	$29.4M	3.4%	$64.31	-65.0%	COM	466367109
WYNN	WYNN RESORTS LTD	143,801	$13.47M	1.6%	$79.44	+6.2%	COM	983134107
KMX	CARMAX INC	125,420	$8.429M	1.0%	$74.22	-9.4%	COM	143130102
BRK/A	BERKSHIRE HATHAWAY INC DEL	2	$1.458M	0.2%	$324481.38	+134.8%	CL A	084670108
BHC	BAUSCH HEALTH COS INC	41,070	$274K	0.0%	$22.90	-77.6%	COM	071734107
TSM	TAIWAN SEMICONDUCTOR MFG LTD	100	$22,649	0.0%	$72.68	—	SPONSORED ADS	874039100
KO	COCA COLA CO	120	$8,490	0.0%	$53.47	+30.5%	COM	191216100