Home

LION FUND, L.P.

CIK 1334426 · last filed 2026-03-13

LION FUND, L.P. is a corporate insider who has filed 39 SEC Form 4 insider transactions across 6 companies since 2008. The most recent filing shows the insider bought $2.5M of BH.A on Mar 13, 2026. Across all open-market trades the lifetime net is +$184.5M, making them a net buyer over the disclosed history. Current disclosed insider exposure totals $627.2M across reported positions.

"Disclosed insider exposure" sums this person's most-recently-reported share counts across each company they're an insider in, multiplied by the current underlying price. It is not net worth — it misses retail holdings, private investments, real estate, index funds, and any company where the person isn't an SEC-reporting insider. For informational purposes only.

Loading insider history…
Disclosed Exposure

$627.22M

Companies

6

Total Filings

39

Lifetime Open-Market Net

$184.49M

Holdings By Company

Latest on-record share count from this person's most recent non-derivative Form 4 transaction in each company. Disclosed exposure = shares × current underlying price.
Symbol Role Shares Price Disclosed Exposure Lifetime OM Net Filings Latest Filed
BH.A 10%+ Owner 128,812 $1939.33 $249.81M $84.88M 25 2026-03-13
BH 10%+ Owner 396,745 $390.23 $154.82M $59.15M 6 2016-01-25
BIGLARI HOLDINGS INC. (BH.WS) Delisted 10%+ Owner 269,663 — — $4.11M 2 2013-09-24
CBRL 10%+ Owner 3,823,165 $58.22 $222.58M $34.40M 2 2012-07-25
CCA INDUSTRIES INC (CAW) Delisted 388,130 — — $1.78M 2 2011-03-14
BIGLARI HOLDINGS INC. (SNS) Delisted 10%+ Owner 2,537,745 — — $166.9K 2 2008-11-20

Recent Filings

39 filings
Insider activity across all companies, newest first. Form 4 rows are post-trade confirmations (buys, sells, grants, exercises). Notice (144) rows are pre-trade notices of intent to sell restricted or control stock under Rule 144 — they may not all execute. Compare adjacent dates to see which notices became actual sales.
Filed Symbol Action Net Shares Net $ Link
2026-03-13 BH.A Buy (P) +8,430 $2.55M EDGAR
2026-03-06 BH.A Buy (P) +7,323 $2.25M EDGAR
2026-03-03 BH.A Buy (P) +3,438 $1.14M EDGAR
2025-12-16 BH.A Buy (P) +2,451 $1.64M EDGAR
2025-12-10 BH.A Buy (P) +6,663 $2.12M EDGAR
2024-12-19 BH.A Buy (P) +9,813 $4.50M EDGAR
2024-12-09 BH.A Buy (P) +6,501 $1.49M EDGAR
2024-11-29 BH.A Buy (P) +10,050 $3.28M EDGAR
2024-11-22 BH.A Buy (P) +7,281 $1.52M EDGAR
2024-11-14 BH.A Buy (P) +54,645 $17.32M EDGAR
Showing 1–10 of 39
Page 1 of 4
Form 4 codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (see filing footnote). Only P / S codes carry directional signal.
Notice (144 / 144/A): Form 144 is a notice of intent to sell restricted/control stock under Rule 144, filed before the sale; 144/A is an amendment. Many notices are pre-scheduled under Rule 10b5-1 plans. A Form 4 with code S typically follows within a few days when the planned sale executes; missing follow-up Form 4s suggest the notice was cancelled or modified.