Biglari Capital 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Biglari Capital disclosed 12 US equity positions worth $349.7m in its Q4 2023 13F filing. The largest position was CRACKER BARREL OLD CTRY STOR at 44.1% of the reported book, followed by JACK and BIGLARI HLDGS INC. Against the Q3 2023 filing, it opened 0 new positions, added to 4 and reduced 0 among the top 12 holdings.
What did Biglari Capital own in Q4 2023? Top 12 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | CRACKER BARREL OLD CTRY STOR | 44.1% | $154.2m | 2,000,000 | 0% | held | |
| 2 | JACK JACK IN THE BOX INC | Consumer Cyclical | 25.3% | $88.6m | 1,073,883 | 0% | held |
| 3 | BIGLARI HLDGS INC | 11.7% | $40.7m | 146,799 | 1% | added | |
| 4 | LOCO EL POLLO LOCO HLDGS INC | Consumer Cyclical | 10.1% | $35.3m | 4,000,000 | 0% | held |
| 5 | BIGLARI HLDGS INC | 6.8% | $23.7m | 1,337,666 | 1% | added | |
| 6 | BHC BAUSCH HEALTH COS INC | Healthcare | 0.9% | $3.2m | 395,000 | 0% | held |
| 7 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.4% | $1.5m | 19,000 | 0% | held |
| 8 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 0.3% | $1.1m | 73,272 | 0% | held |
| 9 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.3% | $1.1m | 2 | 0% | held | |
| 10 | KO COCA COLA CO | Consumer Defensive | 0.1% | $226.3k | 2,020 | 1583% | added |
| 11 | RACE FERRARI N V | Consumer Cyclical | 0.0% | $67.7k | 130,500 | 10% | added |
| 12 | KMX CARMAX INC | Consumer Cyclical | 0.0% | $3.1k | 88,220 | 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.