BH at a glance
Biglari Holdings Inc. (BH, SEC CIK 1726173) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on August 7, 2026 and Form 4 insider filings as recently as June 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Biglari Holdings Inc. (BH) reported revenue of $395.3 million (up 9.2% from FY2024) and a net loss of $37.5 million. Diluted EPS was -$143.86.
- As of June 30, 2026, 23 institutional investment managers tracked by SignalX reported holding Biglari Holdings Inc. (BH) shares worth $147.3 million in 13F-HR filings.
- The most recent insider open-market purchase reported on Form 4 was by BIGLARI, SARDAR on June 5, 2026 of 535 shares at $297.14 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $395.3M
- +9.2% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 23 funds
- $147.3M · +2 vs prior quarter
- Latest 8-K
- Aug 7, 2026
- Item 2.02
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- No profitability, margin, segment, or product-line figures disclosed
- Forward-looking results subject to risks and uncertainties; no updated guidance provided
Risk Factors
- No risk-factors section provided in the excerpt
- No material changes, regulatory developments, operational risks, or financial exposures identifiable from supplied text
- The Lion Fund purchased 54,952 Class B shares at $255.18–$289.23 per share
AI summary of the BH 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 and first-half fiscal 2026 results covered periods ended June 30, 2026
- Results announcement issued August 7, 2026
Item 2.02: Results of Operations and Financial Condition
- Biglari Holdings reported first-quarter fiscal 2026 results for the period ended March 31, 2026
- Results were issued May 8, 2026, with financial details contained in Exhibit 99.1
Item 5.07: Submission of Matters to a Vote of Security Holders
- Shareholders re-elected all five director nominees, with support ranging from 168,605 to 171,200 votes
- Sardar Biglari received 169,573 votes for and 22,793 withheld, indicating notable shareholder opposition
AI summaries of BH 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for BH
Don't miss the next BH filing
- Alerts as it files. A push when BH files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut BH, by share count.
- Ask anything. An AI agent that reads every BH filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| BIGLARI, SARDAR | Buy | Jun 5, 2026 | 535 | $297.14 |
| BIGLARI, SARDAR | Buy | Jun 4, 2026 | 1,743 | $286.76 |
| BIGLARI, SARDAR | Buy | Mar 13, 2026 | 2,810 | $302.20 |
| BIGLARI, SARDAR | Buy | Mar 9, 2026 | 3,320 | $301.06 |
| BIGLARI, SARDAR | Buy | Mar 6, 2026 | 2,441 | $307.20 |
| BIGLARI, SARDAR | Buy | Mar 3, 2026 | 1,146 | $331.15 |
| BIGLARI, SARDAR | Buy | Dec 17, 2025 | 368 | $1633.52 |
| BIGLARI, SARDAR | Buy | Dec 17, 2025 | 3,084 | $323.71 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $365.3M | $362.1M | $395.3M |
| Net Income | - | -$3.8M | -$37.5M |
| Net Margin | - | -1.0% | -9.5% |
| Balance Sheet | |||
| Total Assets | $849.4M | $866.1M | $1.0B |
| Equity | $599.3M | $573.0M | $523.4M |
| ROE | - | -0.7% | -7.2% |
| Per Share | |||
| EPS | $189.49 | $-13.45 | $-143.86 |
| Cash Flow | |||
| Operating CF | $73.0M | $49.7M | $107.0M |
| CapEx | $23.4M | $30.6M | $30.4M |
Source: XBRL data in Biglari Holdings Inc. (BH)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate BH share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 23 | $147.3M |
| Q1 2026 | 21 | $103.1M |
| Q4 2025 | 19 | $104.9M |
| Q3 2025 | 17 | $121.3M |
| Q2 2025 | 20 | $81.5M |
| Q1 2025 | 13 | $43.0M |
| Q4 2024 | 11 | $44.3M |
| Q3 2024 | 9 | $20.8M |
- Two Sigma Investments+42.0K (+489%)
- Millennium Management+9.4K (+54%)
- Renaissance Technologies LLC+6.9K (+32%)
- Dimensional Fund Advisors+4.0K (+4%)
- AQR Capital Management+3.6K (+60%)
- Invesco Ltd−18.1K (-91%)
- D.E. Shaw & Co−4.6K (-82%)
- JPMorgan Chase & Co−4.5K (-36%)
- Vanguard Capital Management LLC−1.6K (-5%)
- State Street Corp−1.1K (-8%)
- Goldman Sachs Group−9.4K
Source: 13F-HR filings on SEC EDGAR (aggregated from 133 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
BH filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Aug 7, 2026 | - | Analysis | - |
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jun 5, 2026 | - | - | |
| 10-Q | May 8, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 8, 2026 | - | Analysis | |
| 8-K | Apr 10, 2026 | - | Analysis | - |
| 4 | Mar 13, 2026 | - | - | - |
| 4 | Mar 9, 2026 | - | - | - |
| 4 | Mar 6, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 10-K | Mar 2, 2026 | Dec 31, 2025 | - | |
| 8-K | Mar 2, 2026 | - | Analysis | - |
| 4 | Dec 17, 2025 | - | - | |
| 4 | Dec 16, 2025 | - | - | |
| 4 | Dec 10, 2025 | - | - | |
| 4 | Dec 5, 2025 | - | - | |
| 4 | Nov 24, 2025 | - | - | |
| 10-Q | Nov 7, 2025 | Sep 30, 2025 | Analysis | |
| 10-Q | Aug 8, 2025 | Jun 30, 2025 | - | |
| SC 13D | Jul 10, 2025 | - | - | |
| 10-Q | May 9, 2025 | Mar 31, 2025 | - | |
| 10-K | Mar 3, 2025 | Dec 31, 2024 | - | |
| 10-Q | Nov 8, 2024 | Sep 30, 2024 | - | |
| 10-Q | Aug 9, 2024 | Jun 30, 2024 | - | |
| 10-Q | May 10, 2024 | Mar 31, 2024 | - |
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BH SEC filings: frequently asked questions
Which institutions hold BH stock?
As of June 30, 2026, the largest Biglari Holdings Inc. (BH) holders among the 13F filers tracked by SignalX were Dimensional Fund Advisors ($45.3 million), Two Sigma Investments ($21.6 million), BlackRock ($19.7 million), Renaissance Technologies LLC ($12.2 million), Vanguard Capital Management LLC ($12.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was BH's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Biglari Holdings Inc. (BH) reported revenue of $395.3 million (up 9.2% from FY2024) and a net loss of $37.5 million. Diluted EPS was -$143.86. The figures come from the XBRL data in the 10-K.
What did BH report in its latest 8-K?
Biglari Holdings Inc. (BH) filed an 8-K on August 7, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 and first-half fiscal 2026 results covered periods ended June 30, 2026.
What are the latest BH SEC filings?
Biglari Holdings Inc. (BH) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on August 7, 2026 and a Form 4 insider filing on June 5, 2026.
What is BH's SEC CIK number?
Biglari Holdings Inc. (BH)'s SEC Central Index Key (CIK) is 1726173. EDGAR lists every BH filing under that number.
Ask anything about BH
The research agent reads BH's filings, financials, insider trades and 13F holders, then answers with sources.