Biglari Holdings BH Institutional Ownership

Updated Oct 10, 2026

Biglari Holdings Inc. (NYSE:BH) counted 114 institutional investors among its 13F-reported shareholders for the quarter ended June 30, 2026.

• Their combined stake equaled 95.80% of outstanding shares in Q2 2026, down from 97.92% in Q1 2026.
• Total holdings of Biglari Holdings shares fell 2.16% from Q1 2026, and the number of holders rose 29.55% from Q2 2025.
• Among the 114 holders of Biglari Holdings, 58 added to their positions, 30 reduced their stakes and 26 left their positions unchanged.
• Institutional investors held 2Mn shares of Biglari Holdings in total at the end of Q2 2026, down 44.14K from the prior quarter and up 183.86K from a year earlier.
• Biglari Capital Corp. was the top holder of Biglari Holdings as of June 30, 2026, with 1.47Mn shares, or 70.67% of shares outstanding.
• Among existing holders, the largest additions to Biglari Holdings in Q2 2026 came from Biglari Capital Corp. (+54.95K shares), Two Sigma Investments, LP (+42.02K shares), Millennium Management LLC (+9.43K shares), Renaissance Technologies LLC (+6.88K shares) and Dimensional Fund Advisors LP (+4.01K shares).
• The biggest cuts to BH positions during Q2 2026 came from Invesco Ltd. (-18.11K shares), Qube Research & Technologies Ltd (-13.64K shares), Jane Street Group, LLC (-11.28K shares), Trexquant Investment LP (-7.15K shares) and XTX Topco Ltd (-6.11K shares).
• Business Quant data shows the 10 biggest positions in Biglari Holdings as of Q2 2026 were held by Biglari Capital Corp. (1.47Mn shares), Dimensional Fund Advisors LP (106.26K shares), Two Sigma Investments, LP (50.62K shares), BlackRock, Inc. (46.13K shares), Marshall Wace, LLP (31.02K shares), Renaissance Technologies LLC (28.63K shares), Vanguard Capital Management LLC (28.18K shares), Millennium Management LLC (26.77K shares), Geode Capital Management, LLC (14.92K shares) and Trexquant Investment LP (14.56K shares).