BH

Biglari Holdings Inc.

NYSE · Retail-Eating Places · Inc. IN · CIK 0001726173
$339.90 +1.30% $779.8M
7 New Institutional Positions5 Institutional Exits
Vol
Market Cap$779.8M
Cap SizeSmall Cap
Inst. Holders50 funds
Inst. Value$131.8M
Inst. Activity7 buys / 5 sells
Insider Activity9B / 0S
Insider Net $$17.1M
Reddit Sentiment33° Cool
SEC Reports3
Exchange NYSE·Sector Retail-Eating Places·Inc. IN·CIK 0001726173·Prev Close $335.54

Recent Activity

Jun 11, 2026 SEC
Four passive institutional investors (Fidelity, Morgan Stanley, Wells Fargo, Schwab) increased their BH positions in Q3
INST-CLUSTER — Impact 3/10
Jun 5, 2026 SEC
Chairman and CEO Sardar Biglari purchased $500K of BH stock on the open market on June 4, 2026, at $286.76 per share. Th
INSIDER-BUY — Impact 5/10
Jun 5, 2026 Insider
BIGLARI, SARDAR bought 535 shares
Chairman and CEO @ $297.14 ($159.0K)
Jun 4, 2026 Insider
BIGLARI, SARDAR bought 1,743 shares
Chairman and CEO @ $286.76 ($499.8K)
May 14, 2026 Insider
BIGLARI, SARDAR bought 14,351 shares
Chairman and CEO @ $258.06 ($3.7M)
May 8, 2026 SEC
Biglari Holdings reported a net loss of $14.5M in Q1 2026, improving from a $33.3M loss a year ago, but pre-tax operatin
8-K — Impact 6/10
Inst.
MARSHALL WACE, LLP — DOUBLED
32,207 shares ($10.6M)
Inst.
RENAISSANCE TECHNOLOGIES LLC — ADD
21,742 shares ($7.2M)

Analyst Ratings

Historical distribution0% buy · 6 analysts · last covering-analyst action Jan 2017
0Strong Buy
0Buy
3Hold
1Sell
2Strong Sell
Historical Analyst Actions
DateFirmActionRating
Jan 31, 2017 CL King DOWNGRADE Buy → Neutral
Jun 13, 2013 Societe Generale UPGRADE Hold → Buy

Top Institutional Holders

FundValueMove
DIMENSIONAL FUND ADVISORS LP$33.7M
BlackRock, Inc.$14.8M
MARSHALL WACE, LLP$10.6MDOUBLED
VANGUARD CAPITAL MANAGEMENT LLC$9.8M
RENAISSANCE TECHNOLOGIES LLC$7.2MADD

Recent Insider Trades

DateInsiderTypeValue
Jun 5, 2026BIGLARI, SARDARBUY$159.0K
Jun 4, 2026BIGLARI, SARDARBUY$499.8K
May 14, 2026BIGLARI, SARDARBUY$3.7M
May 13, 2026BIGLARI, SARDARBUY$4.0M
May 12, 2026BIGLARI, SARDARBUY$5.7M

Reddit Sentiment

33°
Cool
Bearish Neutral Bullish
2 mentions 0 bullish 2 bearish
50 institutional holders with $131.8M total value (462,332 shares) as of 2026-Q1. Top holders: DIMENSIONAL, BlackRock,, MARSHALL. Net buying activity: 7 institutions added/increased vs 5 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1DIMENSIONAL FUND ADVISORS LP102,247$33.7M25.6%
2BlackRock, Inc.45,046$14.8M11.3%
3MARSHALL WACE, LLP32,207$10.6M8.1%DOUBLED +4474.9%
4VANGUARD CAPITAL MANAGEMENT LLC29,755$9.8M7.4%
5RENAISSANCE TECHNOLOGIES LLC21,742$7.2M5.4%ADD +98.2%
6Trexquant Investment LP21,710$7.2M5.4%DOUBLED +173.0%
7Invesco Ltd.19,938$6.6M5.0%TRIM -40.6%
8STATE STREET CORP13,943$4.6M3.5%
9Connor, Clark & Lunn Investment Management Ltd.11,339$3.7M2.8%
10ARROWSTREET CAPITAL, LIMITED PARTNERSHIP10,354$3.4M2.6%TRIM -58.7%
11TUDOR INVESTMENT CORP ET AL9,700$3.2M2.4%
12GOLDMAN SACHS GROUP INC9,353$3.1M2.3%
13TWO SIGMA INVESTMENTS, LP8,595$2.8M2.1%TRIM -33.8%
14VANGUARD PORTFOLIO MANAGEMENT LLC7,598$2.5M1.9%
15CHARLES SCHWAB INVESTMENT MANAGEMENT INC6,839$2.3M1.7%DOUBLED +227.9%
16D. E. Shaw & Co., Inc.5,570$1.8M1.4%
17Point72 Asset Management, L.P.5,224$1.7M1.3%TRIM -51.1%
18VANGUARD FIDUCIARY TRUST CO4,272$1.4M1.1%
19Nuveen, LLC4,245$1.4M1.1%ADD +25.8%
20O'SHAUGHNESSY ASSET MANAGEMENT, LLC4,110$1.4M1.0%DOUBLED +125.3%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
MARSHALL WACE, LLPDOUBLED70432,207+4474.9%$10.6M2026-Q1
RENAISSANCE TECHNOLOGIES LLCADD10,97021,742+98.2%$7.2M2026-Q1
Trexquant Investment LPDOUBLED7,95321,710+173.0%$7.2M2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPTRIM25,04810,354-58.7%$3.4M2026-Q1
Point72 Asset Management, L.P.TRIM10,6905,224-51.1%$1.7M2026-Q1
Nuveen, LLCADD3,3744,245+25.8%$1.4M2026-Q1
MORGAN STANLEYTRIM6,0013,286-45.2%$1.1M2026-Q1
Rathbones Group PLCTRIM2,3001,700-26.1%$560.3K2026-Q1
BANK OF AMERICA CORP /DE/ADD7301,287+76.3%$424.2K2026-Q1
FMR LLCTRIM362236-34.8%$77.7K2026-Q1
Russell Investments Group, Ltd.ADD80103+28.7%$33.9K2026-Q1
Rockefeller Capital Management L.P.DOUBLED1785+400.0%$28.0K2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPADD14,62525,048+71.3%$8.3M2025-Q4
Invesco Ltd.TRIM40,44324,013-40.6%$8.0M2025-Q4
RENAISSANCE TECHNOLOGIES LLCTRIM15,37610,970-28.7%$3.6M2025-Q4
Point72 Asset Management, L.P.DOUBLED1,46210,690+631.2%$3.6M2025-Q4
TWO SIGMA INVESTMENTS, LPTRIM11,5637,654-33.8%$2.5M2025-Q4
MORGAN STANLEYTRIM14,5626,001-58.8%$2.0M2025-Q4
STATE OF WISCONSIN INVESTMENT BOARDADD1,5882,366+49.0%$786.5K2025-Q4
BANK OF AMERICA CORP /DE/ADD479730+52.4%$242.7K2025-Q4
FMR LLCADD189362+91.5%$120.4K2025-Q4
CWM, LLCADD97141+45.4%$47.002025-Q4
Invesco Ltd.DOUBLED9,63340,443+319.8%$13.1M2025-Q3
RENAISSANCE TECHNOLOGIES LLCDOUBLED6,32615,376+143.1%$5.0M2025-Q3
MORGAN STANLEYADD10,78714,562+35.0%$4.7M2025-Q3
1 unique insiders with 9 transactions. Net insider value: $17.1M ($17.1M bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 5, 2026BIGLARI, SARDARChairman and CEOBUY535$297.14$159.0K
Jun 4, 2026BIGLARI, SARDARChairman and CEOBUY1,743$286.76$499.8K
May 14, 2026BIGLARI, SARDARChairman and CEOBUY14,351$258.06$3.7M
May 13, 2026BIGLARI, SARDARChairman and CEOBUY15,358$260.36$4.0M
May 12, 2026BIGLARI, SARDARChairman and CEOBUY22,965$249.84$5.7M
Mar 13, 2026BIGLARI, SARDARChairman and CEOBUY2,810$302.20$849.2K
Mar 9, 2026BIGLARI, SARDARChairman and CEOBUY3,320$301.06$999.5K
Mar 6, 2026BIGLARI, SARDARChairman and CEOBUY2,441$307.20$749.9K
Mar 3, 2026BIGLARI, SARDARChairman and CEOBUY1,146$331.15$379.5K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Historical analyst distribution (last covering-analyst action Jan 2017): 0% buy across 6 analysts — 0 strong buy, 0 buy, 3 hold, 1 sell, 2 strong sell. No current recommendation available.

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
$0.00 $0.00 $0.00 $0.0B
Next Q
$0.00 $0.00 $0.00 $0.0B
Current FY
2019-12-31
$0.00 $0.00 $0.00 $0.0B
Next FY
$0.00 $0.00 $0.00 $0.0B
2 analyst firms have rated this stock: 1 upgrades, 1 downgrades, 0 initiations.

Historical Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jan 31, 2017 CL King DOWNGRADE Buy Neutral
Jun 13, 2013 Societe Generale UPGRADE Hold Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Dec 1, 2021003120%
Nov 1, 2021003120%
Oct 1, 2021003120%
Sep 1, 2021003120%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

33°
Cool
Bearish Neutral Bullish
2 mentions 0 bullish 2 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Mar 5, 2026140° Cool011
Mar 5, 2026140° Cool011

Recent Reddit Threads

r/stocks Bearish 3mo ago
The Trade Desk (TTD) CEO's $148M purchase is the 8th largest ever
▲ 1 💬 0 ⚡ 0.5
May 1, 2026
short_interest
FTD: BH — 2,259 shares ($0.7M) failed to deliver
Settlement: 20260501, Price: $309.25, FTD Value: $698,595.75, BIGLARI HLDGS INC CL B
Mar 4, 2026
short_interest
FTD: BH — 1,736 shares ($0.6M) failed to deliver
Settlement: 20260304, Price: $334.83, FTD Value: $581,264.88, BIGLARI HLDGS INC CL B
Feb 18, 2026
short_interest
FTD: BH — 2,500 shares ($1.0M) failed to deliver
Settlement: 20260218, Price: $413.52, FTD Value: $1,033,800, BIGLARI HLDGS INC CL B
Feb 17, 2026
short_interest
FTD: BH — 3,900 shares ($1.5M) failed to deliver
Settlement: 20260217, Price: $396.75, FTD Value: $1,547,325, BIGLARI HLDGS INC CL B