Estimated market cap $1.19BShares outstanding from the company’s latest SEC filing (all share classes, each priced at its own close; ADRs converted to ADS) × last close from Tiingo. Updated daily. This figure: shares as of Nov 5, 2026, last close Nov 13, 2026.2.43M shares, shares as of Nov 5, 2026CIK 1726173The SEC’s Central Index Key, the number it uses to identify every company and person that files.
Insider trades, 12 mo
26 buys · 0 sells
$27.91M bought, open market
Congress trades, 24 mo
—
No disclosed trades
13F holders
…
Lobbying, 12 mo
—
No lobbying filings
Federal contracts, 12 mo
—
None matched
Ask your AI:
Latest 10-Q
What changed in Biglari Holdings Inc. Class B's latest quarterly report, compared with the one before.
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Insider trades
Open-market trades from Form 4. 10b5-1 marks a plan set in advance.Open-market buys and sales by officers, directors and 10% owners, from SEC Form 4. A plan set in advance is marked 10b5-1.
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13F holders
Funds that report this stock, checked against market prices.Fund managers with over $100 million in US-listed stocks file a 13F each quarter, up to 45 days after quarter end. Long positions only.
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Top 10 holders.Premium lists every holder, with CSV downloads.
Disclosed in dollar ranges, up to 45 days after the trade.Members of Congress, their spouses and dependent children report trades in dollar ranges, up to 45 days after the trade.
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Lobbying
What Biglari Holdings Inc. Class B and its lobbying firms report each quarter.A company that lobbies with its own staff reports its expenses; a lobbying firm it hires reports the income it received. We count both.
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Institutional ownership over time
How many funds reported holding the stock at the end of each quarter, and how many shares they held between them.
13F holders, Q3 2026Fund managers with over $100 million in US-listed stocks file a 13F each quarter, up to 45 days after quarter end. Long positions only.
69
19 added · 19 trimmed
Latest 10-Q
Q3 2026
What changed in Biglari Holdings Inc. Class B's latest quarterly report, compared with the one before.
Filed Nov 6, 2026 · Quarter ended Sep 30, 2026
AI No AI summary for this 10-Q: management's discussion could not be compared, and the other sections did not change.
Compared with the 10-Q for the quarter ended Jun 30, 2026. Sections compared: risk factors and legal proceedings.
Open-market trades from Form 4. 10b5-1 marks a plan set in advance.Open-market buys and sales by officers, directors and 10% owners, from SEC Form 4. A plan set in advance is marked 10b5-1.
Recent insider trades
How the stock has done since the trade date, measured against the S&P 500 over the same days. It describes the stock, not the trader's actual gain or loss.
69 funds report BH. Values checked against market prices.Fund managers with over $100 million in US-listed stocks file a 13F each quarter, up to 45 days after quarter end. Long positions only.
Funds own 95% of Class B shares (Q2 2026)Fund managers with more than $100 million in US-listed stocks file a 13F each quarter. It lists their long stock positions only (shorts, options and bonds are left out) and can arrive up to 45 days after the quarter ends, so this is a snapshot of the quarter end. We add up the shares every fund reports in this class and divide by the shares outstanding. The total can pass 100%: the same shares are often reported by more than one manager (an adviser and the fund it runs), lent shares can be reported twice, and the share count can be out of date after buybacks. We divided 2.00M reported Class B shares by 2.11M Class B shares, from the cover page of the company’s filing as of Aug 6, 2026. Only this class is counted, not the company’s other classes.
114 funds hold the Class B shares.
Q3 2026: 20% · 5,560 of ~8,900 funds reported so farFunds have 45 days after a quarter ends to file. This quarter’s reports are still arriving, so the figure only counts the funds that have filed so far and will usually rise.
Q2 202695%
Q3 2026 (so far)20%
Q3 2026. 7 new, 19 added to, 19 trimmed, 52 exited since Q2 2026.
Download CSVEvery fund that holds BH, not only these ten. A download holds at most 10,000 rows; narrow the filters to get a smaller slice.
Trades by members of Congress
Disclosed in dollar ranges, up to 45 days after the trade.Members of Congress, their spouses and dependent children report trades in dollar ranges, up to 45 days after the trade.
Recent congressional trades
How the stock has done since the trade date, measured against the S&P 500 over the same days. It describes the stock, not the trader's actual gain or loss.
What Biglari Holdings Inc. Class B and its lobbying firms report each quarter.A company that lobbies with its own staff reports its expenses; a lobbying firm it hires reports the income it received. We count both.
No recent lobbying filings for this company.
Institutional ownership over time
How many funds reported holding the stock at the end of each quarter, and how many shares they held between them.
Funds holding the stock
Shares they report, adjusted for splits
Funds holding the stock by quarter
Q1 2016
2
—
45
$7,089
Q2 2016
1
-1
17
$4,437
Q3 2016
1
0
17
$4,796
Q4 2016
1
0
17
$5,205
Q1 2017
1
0
17
$4,752
Q2 2017
1
0
17
$4,397
Q3 2017
1
0
17
$3,666
Q4 2017
1
0
17
$4,558
Q1 2018
3
+2
52,223
$14.2M
Q2 2018
80
+77
1.83M
$336.5M
Q3 2018
76
-4
1.85M
$335.0M
Q4 2018
74
-2
1.78M
$202.4M
Q1 2019
73
-1
1.75M
$246.9M
Q2 2019
61
-12
1.75M
$182.0M
Q3 2019
58
-3
1.76M
$191.4M
Q4 2019
66
+8
1.74M
$199.6M
Q1 2020
57
-9
1.72M
$88.4M
Q2 2020
59
+2
1.73M
$119.1M
Q3 2020
55
-4
1.72M
$153.2M
Q4 2020
63
+8
1.71M
$190.5M
Q1 2021
70
+7
1.70M
$226.1M
Q2 2021
72
+2
1.68M
$268.2M
Q3 2021
76
+4
1.69M
$289.8M
Q4 2021
64
-12
1.72M
$244.9M
Q1 2022
67
+3
1.68M
$243.1M
Q2 2022
63
-4
1.65M
$202.5M
Q3 2022
56
-7
1.64M
$189.0M
Q4 2022
60
+4
1.63M
$226.8M
Q1 2023
71
+11
1.65M
$279.9M
Q2 2023
72
+1
1.68M
$330.3M
Q3 2023
67
-5
1.66M
$275.8M
Q4 2023
68
+1
1.69M
$279.1M
Q1 2024
68
0
1.71M
$324.2M
Q2 2024
72
+4
1.70M
$328.8M
Q3 2024
69
-3
1.70M
$293.1M
Q4 2024
75
+6
1.79M
$454.5M
Q1 2025
75
0
1.80M
$389.0M
Q2 2025
90
+15
1.83M
$534.7M
Q3 2025
97
+7
1.93M
$623.3M
Q4 2025
106
+9
1.93M
$643.3M
Q1 2026
116
+10
2.05M
$653.5M
Q2 2026
114
-2
2.00M
$850.5M
Q3 2026
69
-45
450,159
$154.8M
Each point is a quarter-end, from Q1 2016 to Q3 2026. A fund's 13F lists its long positions in US-listed securities as of the last day of the quarter and arrives up to 45 days later, so each point shows holdings at quarter-end, not on the day they were reported.
Common shares only; options and bonds are left out. When a fund amends a report, the amended version is the one counted.
The history follows the company's current CUSIP number (08986R309). If the company's shares were ever re-issued under a different CUSIP, the quarters before the change are not part of this series, so the first point (Q1 2016) can be later than the stock's first appearance in 13F reports.
Share counts are adjusted for stock splits (1.5-for-1 on May 1, 2018): reports from before a split are multiplied by its ratio, so every quarter is on the share count of Q3 2026.
A quarter appears once our daily update has built its summary. If a summary cannot be built, older reports are kept and the chart shows the quarters it has until the next update repairs it.