Renaissance Technologies's BH Position Overview
Renaissance Technologies (via Renaissance Technologies LLC) currently holds 10,970 shares of Biglari Holdings Inc. (BH) worth $3.65 M, representing 0.01% of the portfolio. First purchased in 2018-Q3, this long-term strategic position has been held for 27 quarters.
Based on 13F filings, Renaissance Technologies has maintained a strategic position in BH, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2019, adding 10,865 shares. Largest reduction occurred in Q2 2020, reducing 9,711 shares.
Analysis based on 13F filings available since 2013 Q2
Renaissance Technologies's Biglari Holdings (BH) Holding Value Over Time
Track share changes against reported price movement
Quarterly Biglari Holdings (BH) Trades by Renaissance Technologies
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -4,406 | Reduce 28.66% | 10,970 | $332.43 |
| Q3 2025 | +9,050 | Add 143.06% | 15,376 | $323.65 |
| Q2 2025 | +400 | Add 6.75% | 6,326 | $292.21 |
| Q1 2025 | +410 | Add 7.43% | 5,926 | $216.54 |
| Q4 2024 | +3,040 | Add 122.78% | 5,516 | $254.29 |
| Q3 2024 | +90 | Add 3.77% | 2,476 | $172.01 |
| Q2 2024 | +220 | Add 10.16% | 2,386 | $193.38 |
| Q1 2024 | +120 | Add 5.87% | 2,166 | $189.75 |
| Q4 2023 | +180 | Add 9.65% | 2,046 | $164.71 |
| Q3 2023 | -990 | Reduce 34.66% | 1,866 | $166.13 |
| Q2 2023 | -63 | Reduce 2.16% | 2,856 | $0.20 |
| Q1 2023 | +2,919 | New Buy | 2,919 | $0.17 |
| Q2 2022 | -2,046 | Sold Out | 0 | $0.00 |
| Q1 2022 | -1,230 | Reduce 37.55% | 2,046 | $144.67 |
| Q4 2021 | -688 | Reduce 17.36% | 3,276 | $142.55 |
| Q3 2021 | -1,022 | Reduce 20.50% | 3,964 | $171.80 |
| Q2 2021 | -340 | Reduce 6.38% | 4,986 | $159.45 |
| Q1 2021 | +5,326 | New Buy | 5,326 | $132.75 |
| Q3 2020 | -6,295 | Sold Out | 0 | $0.00 |
| Q2 2020 | -9,711 | Reduce 60.67% | 6,295 | $68.94 |
| Q1 2020 | -5,570 | Reduce 25.82% | 16,006 | $51.42 |
| Q4 2019 | -2,750 | Reduce 11.30% | 21,576 | $114.43 |
| Q3 2019 | -3,936 | Reduce 13.93% | 24,326 | $109.02 |
| Q2 2019 | +10,865 | Add 62.45% | 28,262 | $103.85 |
| Q1 2019 | +7,740 | Add 80.15% | 17,397 | $141.35 |
| Q4 2018 | +6,927 | Add 253.74% | 9,657 | $113.60 |
| Q3 2018 | +2,730 | New Buy | 2,730 | $181.32 |
Renaissance Technologies's Biglari Holdings Investment FAQs
Renaissance Technologies first purchased Biglari Holdings Inc. (BH) in Q3 2018, acquiring 2,730 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies has held Biglari Holdings Inc. (BH) for 27 quarters since Q3 2018.
Renaissance Technologies's largest addition to Biglari Holdings Inc. (BH) was in Q2 2019, adding 28,262 shares worth $2.94 M.
According to the latest 13F filing for Q4 2025, Renaissance Technologies's firm, Renaissance Technologies LLC, owns 10,970 shares of Biglari Holdings Inc. (BH), valued at approximately $3.65 M.
As of the Q4 2025 filing, Biglari Holdings Inc. (BH) represents approximately 0.01% of Renaissance Technologies's publicly disclosed stock portfolio, making it one of their key holdings.
Renaissance Technologies's peak holding in Biglari Holdings Inc. (BH) was 28,262 shares, as reported at the end of Q2 2019.