BIGLARI CAPITAL CORP. — 13F Holdings & Portfolio
CIK 1334429 · latest 13F-HR filed 2026-05-15
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$929.4M
Long-equity book
19
Distinct positions
2026-03-31
Filed 2026-05-15
+0 / −0 / ↑5 / ↓4
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- FERRARI N V$15.5M +18.5%
- EL POLLO LOCO HLDGS INC$13.6M +32.5%
- CARMAX INC$368.7K +7.6%
- TAIWAN SEMICONDUCTOR MANUFAC$3.4K +11.2%
- COCA COLA CO$737 +8.8%
Top Trims
- JACK IN THE BOX INC-$15.6M -49.0%
- CRACKER BARREL OLD CTRY STOR-$13.9M -93.2%
- WYNN RESORTS LTD-$2.7M -15.6%
- BAUSCH HEALTH COS INC-$63.7K -22.3%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | BIGLARI HLDGS INC | BH | 08986R309 | $443.4M | 47.71% | 1,345,430 | SH |
| 2 | BIGLARI HLDGS INC | BH.A | 08986R408 | $224.5M | 24.15% | 128,811 | SH |
| 3 | FERRARI N V | RACE | N3167Y103 | $95.8M | 10.31% | 283,181 | SH |
| 4 | EL POLLO LOCO HLDGS INC | LOCO | 268603107 | $55.4M | 5.97% | 4,000,000 | SH |
| 5 | BIGLARI HLDGS INC | BH.A | 08986R408 | $44.7M | 4.81% | 25,663 | SH |
| 6 | BIGLARI HLDGS INC | BH | 08986R309 | $23.7M | 2.55% | 71,855 | SH |
| 7 | WYNN RESORTS LTD | WYNN | 983134107 | $13.6M | 1.47% | 134,400 | SH |
| 8 | JACK IN THE BOX INC | JACK | 466367109 | $11.0M | 1.19% | 1,140,952 | SH |
| 9 | JACK IN THE BOX INC | JACK | 466367109 | $5.2M | 0.56% | 542,700 | SH |
| 10 | CARMAX INC | KMX | 143130102 | $4.9M | 0.53% | 118,900 | SH |
| 11 | FERRARI N V | RACE | N3167Y103 | $3.0M | 0.32% | 8,800 | SH |
| 12 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $1.4M | 0.15% | 2 | SH |
| 13 | CRACKER BARREL OLD CTRY STOR | CBRL | 22410J106 | $1.0M | 0.11% | 35,859 | SH |
| 14 | WYNN RESORTS LTD | WYNN | 983134107 | $954.7K | 0.10% | 9,401 | SH |
| 15 | CARMAX INC | KMX | 143130102 | $271.1K | 0.03% | 6,520 | SH |
| 16 | BAUSCH HEALTH COS INC | BHC | 071734107 | $221.8K | 0.02% | 41,070 | SH |
| 17 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $33.8K | 0.00% | 100 | SH |
| 18 | COCA COLA CO | KO | 191216100 | $7.6K | 0.00% | 100 | SH |
| 19 | COCA COLA CO | KO | 191216100 | $1.5K | 0.00% | 20 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $929.4M | 19 | 0000921895-26-001419 |
| 2025-12-31 | 2026-02-17 | $932.7M | 19 | 0000921895-26-000460 |
| 2025-09-30 | 2025-11-14 | $913.2M | 20 | 0000921895-25-003109 |