BIGLARI CAPITAL CORP. — 13F Holdings & Portfolio

CIK 1334429 · latest 13F-HR filed 2026-08-14

BIGLARI CAPITAL CORP. manages $1.19B in 13F-reported U.S. long-equity assets across 19 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BH (49.94%), BH.A (22.69%), RACE (9.18%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions, exited 0, added to 8, and trimmed 2.

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.

Filer Information
Address
19100 RIDGEWOOD PKWY, SUITE 1200
SAN ANTONIO, TX 78259
Phone
(210) 344-3400
Filing Manager
BIGLARI CAPITAL CORP.
San Antonio, TX
Signatory
Sardar Biglari
Chairman and Chief Executive Officer
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AUM

$1.19B

Long-equity book

Holdings

19

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+0 / −0 / ↑8 / ↓2

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • BIGLARI HLDGS INC$160.1M +34.3%
  • BIGLARI HLDGS INC$55.9M +20.8%
  • FERRARI N V$30.4M +30.7%
  • JACK IN THE BOX INC$10.3M +63.5%
  • EL POLLO LOCO HLDGS INC$8.6M +15.6%
Show all 8

Top Trims

  • CRACKER BARREL OLD CTRY STOR-$901.4K -89.4%
  • BAUSCH HEALTH COS INC-$19.3K -8.7%
Show all 2

New Positions

  • No new positions this quarter.
Show all 0

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

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 $596.6M 49.94% 1,400,382 SH
2 BIGLARI HLDGS INC BH.A 08986R408 $271.1M 22.69% 128,811 SH
3 FERRARI N V RACE N3167Y103 $109.6M 9.18% 294,481 SH
4 EL POLLO LOCO HLDGS INC LOCO 268603107 $64.1M 5.36% 3,777,400 SH
5 BIGLARI HLDGS INC BH.A 08986R408 $54.0M 4.52% 25,663 SH
6 BIGLARI HLDGS INC BH 08986R309 $30.6M 2.56% 71,855 SH
7 FERRARI N V RACE N3167Y103 $19.5M 1.64% 52,500 SH
8 JACK IN THE BOX INC JACK 466367109 $18.0M 1.51% 1,140,952 SH
9 WYNN RESORTS LTD WYNN 983134107 $13.0M 1.09% 134,400 SH
10 JACK IN THE BOX INC JACK 466367109 $8.6M 0.72% 542,700 SH
11 CARMAX INC KMX 143130102 $6.3M 0.53% 118,900 SH
12 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $1.5M 0.13% 2 SH
13 WYNN RESORTS LTD WYNN 983134107 $912.7K 0.08% 9,401 SH
14 CARMAX INC KMX 143130102 $344.8K 0.03% 6,520 SH
15 BAUSCH HEALTH COS INC BHC 071734107 $202.5K 0.02% 41,070 SH
16 CRACKER BARREL OLD CTRY STOR CBRL 22410J106 $106.6K 0.01% 2,000 SH
17 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $47.8K 0.00% 100 SH
18 COCA COLA CO KO 191216100 $8.1K 0.00% 100 SH
19 COCA COLA CO KO 191216100 $1.6K 0.00% 20 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $1.19B 19 0000921895-26-002189
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