Q3 2025 · 13F-HR
BIGLARI, SARDARholdings as filed
Filed 2025-11-14 · accession 0000921895-25-003111
$49.7M
Reported value
10
Positions
2025-09-30
Period end
The Brief · BIGLARI, SARDAR · Q3 2025
AI · grounded in 13F
Sardar Biglari established a new position in RACE valued at $12.37M. The fund also initiated new stakes in WYNN for $9M and KO for $7.03M. Additional new positions include TSM, LOCO, and JACK.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| N3167Y103 | RACE | FERRARI N V | $12.4M | 24.9% | 25,500 | Common | SOLE |
| 983134107 | WYNN | WYNN RESORTS LTD | $9.0M | 18.1% | 70,200 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $7.0M | 14.2% | 105,994 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $6.0M | 12.0% | 21,314 | Common | SOLE |
| 268603107 | LOCO | EL POLLO LOCO HLDGS INC | $4.7M | 9.56% | 489,247 | Common | SOLE |
| 466367109 | JACK | JACK IN THE BOX INC | $4.0M | 7.99% | 200,617 | Common | SOLE |
| 22410J106 | CBRL | CRACKER BARREL OLD CTRY STOR | $3.0M | 6.14% | 69,141 | Common | SOLE |
| 143130102 | KMX | CARMAX INC | $1.8M | 3.71% | 41,100 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $1.4M | 2.79% | 7,750 | Common | SOLE |
| 048209100 | AAME | ATLANTIC AMERN CORP | $303,821 | 0.61% | 105,861 | 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.