Biglari Holdings Inc. (BH) Institutional Ownership

Ownership Summary

Biglari Holdings Inc. (NYSE:BH) currently has 95 active institutional owners and shareholders as of today (September 2025), that have filed 13F forms with the Securities Exchange Commission (SEC).

• The percentage of Biglari Holdings owned by institutions changed from 80.1% in June 2025 to 83.2% in September 2025, marking a slight up trend.
• The company experienced a 4.04% quarterly change in institutional shares held, alongside an increase of 37.68% in total owners annually.
• During the quarter, 41 institutions bought more Biglari Holdings shares, 30 sold shares, and 24 of the 95 total investors held their position steady.
• The total number of shares held by institutions in Biglari Holdings increased to 1.89Mn as of September 2025, a net change of up by 73.45K shares quarter on quarter, and up 190.27K shares year over year.
• The top institutional stake in Biglari Holdings as of September 30, 2025 belongs to BIGLARI CAPITAL CORP., which owns 1.39Mn shares, or 61.28% of the company.
• Among the most significant buyers of Biglari Holdings during September 2025 were Invesco Ltd. (30.81K), RENAISSANCE TECHNOLOGIES LLC (9.05K), TWO SIGMA INVESTMENTS, LP (7.16K), Pacer Advisors, Inc. (6.47K), DIMENSIONAL FUND ADVISORS LP (5.91K).
• Leading sellers of Biglari Holdings stock in September 2025 included Nuveen, LLC (11.88K), Dynamic Technology Lab Private Ltd (4.61K), Connor, Clark & Lunn Investment Management Ltd. (1.60K), Peapod Lane Capital LLC (1.57K), GEODE CAPITAL MANAGEMENT, LLC (974).
• The top 10 institutional holders of Biglari Holdings for the quarter ending September 2025 included BIGLARI CAPITAL CORP. (1.39Mn), DIMENSIONAL FUND ADVISORS LP (100.82K), BlackRock, Inc. (53.91K), Invesco Ltd. (40.44K), VANGUARD GROUP INC (38.10K), JPMORGAN CHASE & CO (32.66K), BRIDGEWAY CAPITAL MANAGEMENT, LLC (16.94K), STATE STREET CORP (15.85K), RENAISSANCE TECHNOLOGIES LLC (15.38K), ARROWSTREET CAPITAL, LIMITED PARTNERSHIP (14.62K).