BH.ANYSERetail-Eating PlacesFiscal year ends December 31Also trades as BH
Biglari Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$2182.34+77.02 (+3.66%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
0M of 0M shares
Institutional holders
59
30 new, 14 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
23 buys · 0 sales
Net bought $22.38M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Biglari, Sardar | 153,678 | 74.30% | 13D (active) amendment | Dec 17, 2024 |
| Sardar Biglari | 151,364 | 73.20% | 13D (active) amendment | Nov 13, 2024 |
| GAMCO Asset Management Inc. | 11,875 | 5.70% | 13D (active) amendment | Oct 20, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BH.A | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Biglari Capital Corp. | 154,474 | 72.02% | $325.12M | – | 27.21% |
| Gamco Investors, Inc. Et Al | 11,038 | 5.15% | $23.23M | −191 | 0.21% |
| Renaissance Technologies LLC | 6,065 | 2.83% | $12.76M | +305 | 0.02% |
| Dimensional Fund Advisors LP | 5,753 | 2.68% | $12.11M | −40 | 0.00% |
| BlackRock, Inc. | 5,414 | 2.52% | $11.39M | +2,724 | 0.00% |
| Jane Street Group, LLC | 5,048 | 2.35% | $10.62M | New | 0.00% |
| First Trust Advisors LP | 4,481 | 2.09% | $9.43M | New | 0.01% |
| UBS Group AG | 3,296 | 1.54% | $6.94M | +2,692 | 0.00% |
| Check Capital Management Inc/Ca | 3,124 | 1.46% | $6.58M | +1,546 | 0.06% |
| Victory Capital Management Inc | 2,745 | 1.28% | $5.78M | +768 | 0.00% |
| Vanguard Capital Management LLC | 2,437 | 1.14% | $5.13M | +310 | 0.00% |
| Marshall Wace, Llp | 2,236 | 1.04% | $4.71M | −122 | 0.00% |
| Geode Capital Management, LLC | 1,889 | 0.88% | $3.98M | +827 | 0.00% |
| Gabelli Funds LLC | 1,560 | 0.73% | $3.28M | – | 0.02% |
| Dark Forest Capital Management LP | 1,067 | 0.50% | $2.25M | New | 0.14% |
| XTX Topco Ltd | 969 | 0.45% | $2.04M | +34 | 0.03% |
| State Street Corp | 875 | 0.41% | $1.84M | +315 | 0.00% |
| Northern Trust Corp | 446 | 0.21% | $938.69K | +305 | 0.00% |
| Strs Ohio | 400 | 0.19% | $841.87K | New | 0.00% |
| Balyasny Asset Management L.P. | 395 | 0.18% | $831.35K | −463 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 59 | 0M | 100.0% | 30 / 15 | 8 / 14 | 0M | 0M |
| Q1 2026 | 43 | 0M | 94.5% | 14 / 17 | 5 / 5 | 0M | 0M |
| Q4 2025 | 36 | 0M | 90.3% | 7 / 15 | 9 / 9 | 0M | 0M |
| Q3 2025 | 39 | 0M | 89.7% | 16 / 12 | 4 / 4 | 0M | 0M |
| Q2 2025 | 27 | 0M | 85.3% | 6 / 5 | 9 / 1 | 0M | 0M |
| Q1 2025 | 22 | 0M | 85.1% | 1 / 7 | 4 / 3 | 0M | 0M |
| Q4 2024 | 24 | 0M | 84.9% | 2 / 3 | 6 / 1 | 0M | 0M |
| Q3 2024 | 23 | 0M | 82.1% | 5 / 2 | 5 / 3 | 0M | 0M |
| Q2 2024 | 22 | 0M | 82.1% | 2 / 5 | 5 / 0 | 0M | 0M |
| Q1 2024 | 20 | 0M | 82.1% | 1 / 5 | 5 / 0 | 0M | 0M |
| Q4 2023 | 19 | 0M | 81.9% | 3 / 6 | 4 / 2 | 0M | 0M |
| Q3 2023 | 18 | 0M | 81.7% | 2 / 2 | 6 / 3 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BH.A | Value | % of fund | As of |
|---|---|---|---|---|---|
| 1290 VT GAMCO Small Company Value Portfolio | 9,500 | 4.43% | $19.99M | 0.45% | Jun 30, 2026 |
| VictoryShares US Small Mid Cap Value Momentum ETF | 2,745 | 1.28% | $5.78M | 0.33% | Jun 30, 2026 |
| First Trust Small Cap Growth AlphaDEX Fund | 2,452 | 1.14% | $4.87M | 0.37% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 1,729 | 0.81% | $3.64M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,188 | 0.55% | $2.50M | 0.00% | Jun 30, 2026 |
| The Gabelli Small Cap Growth Fund | 1,070 | 0.50% | $2.25M | 0.12% | Jun 30, 2026 |
| U.S. Targeted Value Portfolio | 943 | 0.44% | $1.87M | 0.01% | Jul 31, 2026 |
| First Trust Small Cap Core AlphaDEX Fund | 828 | 0.39% | $1.64M | 0.12% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 731 | 0.34% | $1.45M | 0.00% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 666 | 0.31% | $1.40M | 0.00% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 629 | 0.29% | $1.25M | 0.02% | Jul 31, 2026 |
| U.S. Small Cap Value Portfolio | 552 | 0.26% | $1.10M | 0.01% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 546 | 0.25% | $813.32K | 0.00% | May 31, 2026 |
| iShares Russell 2000 Value ETF | 527 | 0.25% | $1.11M | 0.01% | Jun 30, 2026 |
| Dimensional U.S. Targeted Value ETF | 379 | 0.18% | $752.14K | 0.01% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Biglari, Sardar | Chairman and CEO, Director, 10% owner | 1,571,761 | 732.82% | Jun 5, 2026 |
| Capital Corp. Biglari | 10% owner | 1,626,713 | 758.44% | Jun 5, 2026 |
| Lion Fund, L.P. | 10% owner | 1,624,435 | 757.38% | Jun 5, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Capital Corp. Biglari 10% owner | Jun 5, 2026 | Buy | +535 | $297.14 | $158.97K | 1,400,382 |
| Capital Corp. Biglari 10% owner | Jun 4, 2026 | Buy | +1,743 | $286.76 | $499.82K | 1,399,847 |
| Lion Fund, L.P. 10% owner | May 14, 2026 | Buy | +14,351 | $258.06 | $3.70M | 1,398,104 |
| Lion Fund, L.P. 10% owner | May 13, 2026 | Buy | +15,358 | $260.36 | $4.00M | 1,383,753 |
| Lion Fund, L.P. 10% owner | May 12, 2026 | Buy | +22,965 | $249.84 | $5.74M | 1,368,395 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Mar 13, 2026 | Buy | +2,810 | $302.20 | $849.18K | 1,345,430 |
| Lion Fund, L.P. 10% owner | Mar 9, 2026 | Buy | +3,320 | $301.06 | $999.52K | 1,342,620 |
| Lion Fund, L.P. 10% owner | Mar 6, 2026 | Buy | +2,441 | $307.20 | $749.88K | 1,339,300 |
| Capital Corp. Biglari 10% owner | Mar 3, 2026 | Buy | +1,146 | $331.15 | $379.50K | 1,336,859 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 17, 2025 | Buy | +3,084 | $323.71 | $998.32K | 1,335,713 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 17, 2025 | Buy | +368 | $1633.52 | $601.14K | 128,812 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 16, 2025 | Buy | +156 | $1599.87 | $249.58K | 128,444 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 15, 2025 | Buy | +60 | $1635.37 | $98.12K | 128,288 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 15, 2025 | Buy | +152 | $328.00 | $49.86K | 1,332,629 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 12, 2025 | Buy | +449 | $333.14 | $149.58K | 1,332,477 |
| Lion Fund, L.P. 10% owner | Dec 10, 2025 | Buy | +310 | $321.94 | $99.80K | 1,332,028 |
| Lion Fund, L.P. 10% owner | Dec 9, 2025 | Buy | +938 | $319.08 | $299.30K | 1,331,718 |
| Lion Fund, L.P. 10% owner | Dec 8, 2025 | Buy | +973 | $315.08 | $306.57K | 1,330,780 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 5, 2025 | Buy | +1,465 | $306.90 | $449.61K | 1,329,807 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 4, 2025 | Buy | +1,139 | $306.05 | $348.59K | 1,328,342 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 3, 2025 | Buy | +2,802 | $303.32 | $849.90K | 1,327,203 |
| Lion Fund, L.P. 10% owner | Nov 24, 2025 | Buy | +1,819 | $274.74 | $499.75K | 1,324,401 |
| Lion Fund, L.P. 10% owner | Nov 24, 2025 | Buy | +213 | $1406.27 | $299.54K | 128,228 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 17, 2024 | Buy | +2,589 | $249.55 | $646.08K | 1,322,582 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 17, 2024 | Buy | +682 | $1250.34 | $852.73K | 128,015 |
| Capital Corp. Biglari 10% owner | Dec 16, 2024 | Buy | +114 | $1186.32 | $135.24K | 127,333 |
| Capital Corp. Biglari 10% owner | Dec 16, 2024 | Buy | +703 | $234.12 | $164.59K | 1,319,993 |
| Capital Corp. Biglari 10% owner | Dec 13, 2024 | Buy | +128 | $234.98 | $30.08K | 1,319,290 |
| Capital Corp. Biglari 10% owner | Dec 13, 2024 | Buy | +17 | $1160.00 | $19.72K | 127,219 |
| Capital Corp. Biglari 10% owner | Dec 12, 2024 | Buy | +277 | $1174.06 | $325.21K | 127,202 |
| Capital Corp. Biglari 10% owner | Dec 12, 2024 | Buy | +239 | $234.13 | $55.96K | 1,319,162 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Dec 5, 2024 | Buy | +2,167 | $228.47 | $495.09K | 1,318,923 |
| Capital Corp. Biglari 10% owner | Dec 4, 2024 | Buy | +444 | $223.85 | $99.39K | 1,316,756 |
| Capital Corp. Biglari 10% owner | Dec 3, 2024 | Buy | +274 | $1108.95 | $303.85K | 126,925 |
| Capital Corp. Biglari 10% owner | Dec 3, 2024 | Buy | +2,667 | $223.47 | $595.99K | 1,316,312 |
| Capital Corp. Biglari 10% owner | Dec 2, 2024 | Buy | +1,591 | $217.16 | $345.50K | 1,313,645 |
| Capital Corp. Biglari 10% owner | Dec 2, 2024 | Buy | +144 | $1078.01 | $155.23K | 126,651 |
| Capital Corp. Biglari 10% owner | Nov 27, 2024 | Buy | +2,095 | $212.54 | $445.27K | 1,312,054 |
| Capital Corp. Biglari 10% owner | Nov 27, 2024 | Buy | +327 | $1068.21 | $349.30K | 126,507 |
| Capital Corp. Biglari 10% owner | Nov 26, 2024 | Buy | +798 | $206.95 | $165.15K | 1,309,959 |
| Capital Corp. Biglari 10% owner | Nov 26, 2024 | Buy | +130 | $1030.10 | $133.91K | 126,180 |
| Capital Corp. Biglari 10% owner | Nov 22, 2024 | Buy | +384 | $207.95 | $79.85K | 1,309,161 |
| Capital Corp. Biglari 10% owner | Nov 21, 2024 | Buy | +1,186 | $207.46 | $246.05K | 1,308,777 |
| Capital Corp. Biglari 10% owner | Nov 20, 2024 | Buy | +856 | $210.00 | $179.76K | 1,307,591 |
| Capital Corp. Biglari 10% owner | Nov 20, 2024 | Buy | +1 | $1030.00 | $1.03K | 126,050 |
| Lion Fund, L.P. 10% owner | Nov 19, 2024 | Buy | +151 | $1045.10 | $157.81K | 126,049 |
| Lion Fund, L.P. 10% owner | Nov 19, 2024 | Buy | +3,965 | $209.77 | $831.74K | 1,306,735 |
| Lion Fund, L.P. 10% owner | Nov 18, 2024 | Buy | +197 | $1049.29 | $206.71K | 125,898 |
| Lion Fund, L.P. 10% owner | Nov 18, 2024 | Buy | +4,948 | $208.78 | $1.03M | 1,302,770 |
| Lion Fund, L.P. 10% owner | Nov 15, 2024 | Buy | +782 | $1049.52 | $820.72K | 125,701 |
| Lion Fund, L.P. 10% owner | Nov 15, 2024 | Buy | +5,152 | $209.97 | $1.08M | 1,297,822 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Nov 14, 2024 | Buy | +3,992 | $210.13 | $838.84K | 1,292,670 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Nov 14, 2024 | Buy | +671 | $1032.57 | $692.85K | 124,919 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Nov 13, 2024 | Buy | +6,928 | $199.00 | $1.38M | 1,288,678 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Nov 13, 2024 | Buy | +1,630 | $997.72 | $1.63M | 124,248 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Nov 12, 2024 | Buy | +4,534 | $181.34 | $822.20K | 1,281,750 |
| Biglari, Sardar Chairman and CEO, Director, 10% owner | Nov 12, 2024 | Buy | +460 | $897.76 | $412.97K | 122,618 |
| Capital Corp. Biglari 10% owner | Mar 15, 2024 | Buy | +3,873 | $192.37 | $745.05K | 1,277,216 |
| Capital Corp. Biglari 10% owner | Mar 15, 2024 | Buy | +157 | $984.30 | $154.54K | 122,158 |
| Capital Corp. Biglari 10% owner | Mar 13, 2024 | Buy | +69 | $976.62 | $67.39K | 122,001 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Holdings Inc. Biglari 10% Stockholder | Oct 16, 2026 | 380,990 | $6.22M | Oct 16, 2026 | Open Market Purchases |
| Holdings Inc. Biglari 10% Stockholder | Jul 29, 2026 | 489,247 | $7.98M | Jul 29, 2026 | Open Market Purchases |