Biglari Capital Corp. buys $488,874,322 stake in Biglari Holdings Inc (BH)

Biglari Holdings Inc (BH) : Biglari Capital Corp. scooped up 830 additional shares in Biglari Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 1,050,981 shares of Biglari Holdings Inc which is valued at $488,874,322.Biglari Holdings Inc makes up approximately 39.38% of Biglari Capital Corp.’s portfolio.

Other Hedge Funds, Including , D. E. Shaw reduced its stake in BH by selling 176 shares or 1.4% in the most recent quarter. The Hedge Fund company now holds 12,391 shares of BH which is valued at $5,885,849. Biglari Holdings Inc makes up approx 0.01% of D. E. Shaw’s portfolio.New York State Teachers Retirement System reduced its stake in BH by selling 200 shares or 4.82% in the most recent quarter. The Hedge Fund company now holds 3,951 shares of BH which is valued at $1,826,626. Advisors Preferred sold out all of its stake in BH during the most recent quarter. The investment firm sold 105 shares of BH which is valued $44,930. First Trust Advisors Lp added BH to its portfolio by purchasing 2,077 company shares during the most recent quarter which is valued at $888,748.

Biglari Holdings Inc opened for trading at $445.63 and hit $453.23 on the upside on Monday, eventually ending the session at $448.92, with a gain of 0.28% or 1.24 points. The heightened volatility saw the trading volume jump to 35,305 shares. Company has a market cap of $928 M.

Biglari Holdings Inc. (Biglari Holdings) is a holding company. The Company is engaged in a number of business activities. The Company along with its subsidiaries is engaged in investment management and the franchising/operating of restaurants. The Company’s restaurant operations activities are conducted through two restaurant concepts Steak n Shake and Western Sizzlin. As of September 24 2014 Steak n Shake operated 416 company-operated restaurants and 124 franchised units. Western operated 4 company-operated restaurants and 71 franchised units.

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