Biglari Capital 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Biglari Capital disclosed 12 US equity positions worth $332.8m in its Q1 2023 13F filing. The largest position was CRACKER BARREL OLD CTRY STOR at 68.3% of the reported book, followed by BIGLARI HLDGS INC and JACK. Against the Q4 2022 filing, it opened 0 new positions, added to 2 and reduced 0 among the top 12 holdings.
What did Biglari Capital own in Q1 2023? Top 12 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | CRACKER BARREL OLD CTRY STOR | 68.3% | $227.2m | 2,000,000 | 0% | held | |
| 2 | BIGLARI HLDGS INC | 12.8% | $42.7m | 145,700 | 0% | held | |
| 3 | JACK JACK IN THE BOX INC | Consumer Cyclical | 7.5% | $25.0m | 1,073,883 | 8% | added |
| 4 | BIGLARI HLDGS INC | 7.3% | $24.3m | 1,327,853 | 0% | held | |
| 5 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.0% | $6.8m | 73,272 | 17% | added |
| 6 | BHC BAUSCH HEALTH COS INC | Healthcare | 1.0% | $3.2m | 395,000 | 0% | held |
| 7 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.6% | $1.9m | 19,000 | 0% | held |
| 8 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.3% | $931.2k | 2 | 0% | held | |
| 9 | UNICO AMERN CORP | 0.2% | $569.3k | 527,100 | 0% | held | |
| 10 | RACE FERRARI N V | Consumer Cyclical | 0.0% | $54.2k | 118,300 | 0% | held |
| 11 | KMX CARMAX INC | Consumer Cyclical | 0.0% | $2.6k | 88,220 | 0% | held |
| 12 | KO COCA COLA CO | Consumer Defensive | 0.0% | $2.5k | 120 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.