13F HOLDINGS REPORT
Biglari Capital Corp.
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0000921895-25-002303
Total Value
$865.1M
Positions
19
Other Managers
3
Confidential Omitted
No
Holdings (19)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BIGLARI HLDGS INC | BH | 1,322,582 | $386.5M | 44.67% |
| 2 | BIGLARI HLDGS INC | BH | 128,014 | $179.3M | 20.72% |
| 3 | FERRARI N V | RACE | 184,400 | $90.5M | 10.46% |
| 4 | CRACKER BARREL OLD CTRY STOR | 22410J106 | 896,775 | $54.8M | 6.33% |
| 5 | EL POLLO LOCO HLDGS INC | LOCO | 4,000,000 | $44.0M | 5.09% |
| 6 | BIGLARI HLDGS INC | BH | 25,663 | $35.9M | 4.15% |
| 7 | BIGLARI HLDGS INC | BH | 71,855 | $21.0M | 2.43% |
| 8 | JACK IN THE BOX INC | JACK | 1,140,952 | $19.9M | 2.30% |
| 9 | WYNN RESORTS LTD | WYNN | 134,400 | $12.6M | 1.46% |
| 10 | JACK IN THE BOX INC | JACK | 542,700 | $9.5M | 1.10% |
| 11 | CARMAX INC | KMX | 118,900 | $8.0M | 0.92% |
| 12 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 2 | $1.5M | 0.17% |
| 13 | WYNN RESORTS LTD | WYNN | 9,401 | $880,592 | 0.10% |
| 14 | CARMAX INC | KMX | 6,520 | $438,209 | 0.05% |
| 15 | BAUSCH HEALTH COS INC | 071734107 | 41,070 | $273,526 | 0.03% |
| 16 | FERRARI N V | RACE | 100 | $49,074 | 0.01% |
| 17 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 100 | $22,649 | 0.00% |
| 18 | COCA COLA CO | KO | 100 | $7,075 | 0.00% |
| 19 | COCA COLA CO | KO | 20 | $1,415 | 0.00% |