Q2 2025 · 13F-HR
BIGLARI CAPITAL CORP.holdings as filed
Filed 2025-08-14 · accession 0000921895-25-002303
$865.1M
Reported value
12
Positions
2025-06-30
Period end
The Brief · BIGLARI CAPITAL CORP. · Q2 2025
AI · grounded in 13F
BIGLARI CAPITAL CORP. established a new position in BH valued at $407.5M. The fund also initiated a position in BH/A for $215.2M and added RACE with a $90.5M investment. Other new entries include CBRL at $54.8M and LOCO at $44M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 08986R309 | BH | BIGLARI HLDGS INC | $407.5M | 47.1% | 1,394,437 | Common | NONE |
| 08986R408 | BH/A | BIGLARI HLDGS INC | $215.2M | 24.9% | 153,677 | Common | SOLE |
| N3167Y103 | RACE | FERRARI N V | $90.5M | 10.5% | 184,500 | Common | SOLE |
| 22410J106 | CBRL | CRACKER BARREL OLD CTRY STOR | $54.8M | 6.33% | 896,775 | Common | SOLE |
| 268603107 | LOCO | EL POLLO LOCO HLDGS INC | $44.0M | 5.09% | 4,000,000 | Common | SOLE |
| 466367109 | JACK | JACK IN THE BOX INC | $29.4M | 3.40% | 1,683,652 | Common | SOLE |
| 983134107 | WYNN | WYNN RESORTS LTD | $13.5M | 1.56% | 143,801 | Common | SOLE |
| 143130102 | KMX | CARMAX INC | $8.4M | 0.97% | 125,420 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $1.5M | 0.17% | 2 | Common | SOLE |
| 071734107 | BHC | BAUSCH HEALTH COS INC | $273,526 | 0.03% | 41,070 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $22,649 | 0.00% | 100 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $8,490 | 0.00% | 120 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.