BIGLARI HLDGS INC

Ticker: BH/A CUSIP: 08986R408 Class: Stock

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BIGLARI CAPITAL CORP.154,474$268,794
GAMCO INVESTORS, INC. ET AL11,857$20,632
DIMENSIONAL FUND ADVISORS LP5,856$10,190
RENAISSANCE TECHNOLOGIES LLC4,230$7,360
VANGUARD GROUP INC2,494$4,340
Trexquant Investment LP1,852$3,223
BlackRock, Inc.1,579$2,748
GABELLI FUNDS LLC1,560$2,714
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP883$1,536
GEODE CAPITAL MANAGEMENT, LLC860$1,497
STATE STREET CORP770$1,340
MARSHALL WACE, LLP677$1,178
GOLDMAN SACHS GROUP INC563$980
CITADEL ADVISORS LLC508$884
OMERS ADMINISTRATION Corp500$870
Point72 Asset Management, L.P.462$804
MILLENNIUM MANAGEMENT LLC408$710
JANE STREET GROUP, LLC401$698
HRT FINANCIAL LP260$0
JPMORGAN CHASE & CO252$438
Aquatic Capital Management LLC248$432
BALYASNY ASSET MANAGEMENT L.P.228$397
MORGAN STANLEY142$247
NORTHERN TRUST CORP141$245
UBS Group AG66$115
Caitong International Asset Management Co., Ltd65$113
FMR LLC30$53
Quantbot Technologies LP28$49
BANK OF AMERICA CORP /DE/18$31
Qube Research & Technologies Ltd12$21
COMERICA BANK7$12
CITIGROUP INC4$7
ROYAL BANK OF CANADA4$7
North Star Investment Management Corp.2$3
Sterling Capital Management LLC1$2
Total (35 institutions)191,442$332,669