Biglari Holdings Inc
Ownership
Ownership Structure
Who owns Biglari Holdings Inc (BH)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 8.8% of the shares are freely tradable; institutional investors hold 98.8%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Biglari Capital Corp. | 46.23 | 1,472,237 | +3.9 | 06/30/2026 |
| Dimensional Fund Advisors, Inc. | 3.34 | 106,257 | +3.9 | 06/30/2026 |
| Two Sigma Investments LLC | 1.59 | 50,618 | +488.9 | 06/30/2026 |
| BlackRock Inc | 1.41 | 45,046 | -9.6 | 03/31/2026 |
| Marshall Wace Asset Management Ltd | 1.01 | 32,207 | +4,474.9 | 03/31/2026 |
| Vanguard Capital Management, LLC | 0.93 | 29,755 | +0.0 | 03/31/2026 |
| Millennium Management LLC | 0.84 | 26,774 | +54.4 | 06/30/2026 |
| Qube Research & Technologies | 0.70 | 22,415 | +9.9 | 03/31/2026 |
| Renaissance Technologies Corp | 0.68 | 21,742 | +98.2 | 03/31/2026 |
| Trexquant Investment LP | 0.68 | 21,710 | +173.0 | 03/31/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Biglari, Sardar | 10% Owner | 3,970,774 | 1,401,286,145 $ | Jul 17, 2026 | indirect |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 7, 2026 | Biglari, Sardar | 10% Owner | Sell | 550 | 17.06 | 9,383 |
| Aug 5, 2026 | Biglari, Sardar | 10% Owner | Sell | 40,000 | 16.90 | 676,000 |
| Aug 3, 2026 | Biglari, Sardar | 10% Owner | Sell | 10,000 | 16.73 | 167,300 |
| Jul 30, 2026 | Biglari, Sardar | 10% Owner | Sell | 273 | 16.70 | 4,559 |
| Jul 29, 2026 | Biglari, Sardar | 10% Owner | Sell | 3,305 | 16.71 | 55,227 |
| Jul 29, 2026 | Biglari, Sardar | 10% Owner | Sell | 3,306 | 16.71 | 55,243 |
| Jul 17, 2026 | Biglari, Sardar | 10% Owner | Sell | 11,000 | 16.71 | 183,810 |
| Jul 16, 2026 | Biglari, Sardar | 10% Owner | Sell | 2,749 | 16.70 | 45,908 |
| Jul 15, 2026 | Biglari, Sardar | 10% Owner | Sell | 6,533 | 16.71 | 109,166 |
| Jul 14, 2026 | Biglari, Sardar | 10% Owner | Sell | 1,211 | 16.73 | 20,260 |
| Jul 13, 2026 | Biglari, Sardar | 10% Owner | Sell | 75,000 | 16.74 | 1,255,500 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.