BIGLARI, SARDAR Long-Term Concentrated

Location: San Antonio, TX

CIK: 0001334430 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value: $49.65M (100.0% shares, 0.0% debt)

Holdings (10)

RACE FERRARI N V 24.9%

Value $12.37M Shares 25,500 Est. Cost $345.59 Unrealized +38.6%

WYNN WYNN RESORTS LTD 18.1%

Value $9.005M Shares 70,200 Est. Cost $79.92 Unrealized +44.0%

KO COCA COLA CO 14.2%

Value $7.03M Shares 105,994 Est. Cost $55.60 Unrealized +22.2%

TSM TAIWAN SEMICONDUCTOR MFG LTD 12.0%

Value $5.953M Shares 21,314 Est. Cost $96.05 Unrealized —

LOCO EL POLLO LOCO HLDGS INC 9.6%

Value $4.746M Shares 489,247 Est. Cost $11.84 Unrealized -11.4%

JACK JACK IN THE BOX INC 8.0%

Value $3.966M Shares 200,617 Est. Cost $44.92 Unrealized -55.8%

CBRL CRACKER BARREL OLD CTRY STOR 6.1%

Value $3.046M Shares 69,141 Est. Cost $102.83 Unrealized -44.6%

KMX CARMAX INC 3.7%

Value $1.844M Shares 41,100 Est. Cost $89.86 Unrealized -33.5%

BABA ALIBABA GROUP HLDG LTD 2.8%

Value $1.385M Shares 7,750 Est. Cost $113.68 Unrealized —

AAME ATLANTIC AMERN CORP 0.6%

Value $304K Shares 105,861 Est. Cost $2.15 Unrealized +28.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RACE	FERRARI N V	25,500	$12.37M	24.9%	$345.59	+38.6%	COM	N3167Y103
WYNN	WYNN RESORTS LTD	70,200	$9.005M	18.1%	$79.92	+44.0%	COM	983134107
KO	COCA COLA CO	105,994	$7.03M	14.2%	$55.60	+22.2%	COM	191216100
TSM	TAIWAN SEMICONDUCTOR MFG LTD	21,314	$5.953M	12.0%	$96.05	—	SPONSORED ADS	874039100
LOCO	EL POLLO LOCO HLDGS INC	489,247	$4.746M	9.6%	$11.84	-11.4%	COM	268603107
JACK	JACK IN THE BOX INC	200,617	$3.966M	8.0%	$44.92	-55.8%	COM	466367109
CBRL	CRACKER BARREL OLD CTRY STOR	69,141	$3.046M	6.1%	$102.83	-44.6%	COM	22410J106
KMX	CARMAX INC	41,100	$1.844M	3.7%	$89.86	-33.5%	COM	143130102
BABA	ALIBABA GROUP HLDG LTD	7,750	$1.385M	2.8%	$113.68	—	SPONSORED ADS	01609W102
AAME	ATLANTIC AMERN CORP	105,861	$304K	0.6%	$2.15	+28.7%	COM	048209100