Institutional Manager · CIK 0001334430
BIGLARI, SARDAR
San Antonio, TX · File #028-14882
Latest AUM
$48.3M
Positions
10
Top-10 Concentration
100.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | FERRARI N V | RACE | +7,600 | +$2.8M | -$2.9M |
| ADD | COCA COLA CO | KO | +1,124 | +$78,579 | +$380,518 |
| REDUCE | ALIBABA GROUP HLDG LTD | BBAAY | 0 | $0 | -$249,163 |
| REDUCE | ATLANTIC AMERN CORP | 048209100 | 0 | $0 | -$4,234 |
| REDUCE | CARMAX INC | KMX | 0 | $0 | -$256,053 |
| REDUCE | CRACKER BARREL OLD CTRY STOR | 22410J106 | 0 | $0 | -$1.3M |
| REDUCE | EL POLLO LOCO HLDGS INC | LOCO | 0 | $0 | +$371,828 |
| REDUCE | JACK IN THE BOX INC | JACK | 0 | $0 | -$164,506 |
| REDUCE | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 0 | $0 | +$524,324 |
| REDUCE | WYNN RESORTS LTD | WYNN | 0 | $0 | -$557,388 |
Sector Allocation
Filing History
- 13F COMBINATION REPORTQ/E Dec 202510 pos · $48.3M
- 13F COMBINATION REPORTQ/E Sep 202510 pos · $49.7M
- 13F COMBINATION REPORTQ/E Jun 202510 pos · $47.1M
- 13F COMBINATION REPORTQ/E Mar 202510 pos · $44.2M
- 13F COMBINATION REPORTQ/E Dec 202410 pos · $43.8M
- 13F COMBINATION REPORTQ/E Sep 202410 pos · $47.1M
- 13F COMBINATION REPORTQ/E Jun 20249 pos · $29.5M
- 13F COMBINATION REPORTQ/E Mar 20249 pos · $30.8M
- 13F COMBINATION REPORTQ/E Dec 20239 pos · $24.2M
Top 10 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FERRARI N V | RACE | 33,100 | $12.2M | 25.30% |
| 2 | WYNN RESORTS LTD | WYNN | 70,200 | $8.4M | 17.47% |
| 3 | COCA COLA CO | KO | 107,118 | $7.5M | 15.49% |
| 4 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 21,314 | $6.5M | 13.40% |
| 5 | EL POLLO LOCO HLDGS INC | LOCO | 489,247 | $5.1M | 10.59% |
| 6 | JACK IN THE BOX INC | JACK | 200,617 | $3.8M | 7.86% |
| 7 | CRACKER BARREL OLD CTRY STOR | 22410J106 | 69,141 | $1.8M | 3.63% |
| 8 | CARMAX INC | KMX | 41,100 | $1.6M | 3.28% |
| 9 | ALIBABA GROUP HLDG LTD | BBAAY | 7,750 | $1.1M | 2.35% |
| 10 | ATLANTIC AMERN CORP | 048209100 | 105,861 | $299,587 | 0.62% |