BIGLARI CAPITAL CORP. 13F: Quarter-over-Quarter Portfolio Changes
BIGLARI CAPITAL CORP. reported a disclosed portfolio value of approximately $929.4 million in its latest SEC Form 13F-HR filing for Q1 2026, down 0.4% quarter on quarter. Over the quarter, the fund bought more shares in 2 holdings and trimmed 1 holding.
BIGLARI CAPITAL CORP.'s top buy was Ferrari N V (RACE) . The fund bought 29.4% more shares, lifting the position's portfolio weight by 1.7 percentage points. Its top sell was Cracker Barrel Old Ctry Stor (CBRL) . The fund sold 93.9% of its previously reported shares, reducing the position's portfolio weight by 1.5 percentage points.
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| FERRARI N V | RACE | +1.7% | +29.4% | History → |
| BIGLARI HLDGS INC | BH | +0.1% | +0.7% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| CRACKER BARREL OLD CTRY STOR | CBRL | -1.5% | 93.9% | History → |
Net Portfolio Value ChangeQ1 2026
- $0.9BPrior quarter
- $0.9BCurrent quarter
- $-0.0BNet delta
- -0.4%% change
Methodology & FAQ
How BIGLARI CAPITAL CORP. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for BIGLARI CAPITAL CORP.: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did BIGLARI CAPITAL CORP. buy in Q1 2026?
In Q1 2026, BIGLARI CAPITAL CORP. bought more shares of FERRARI N V (RACE), BIGLARI HLDGS INC (BH).
What stocks did BIGLARI CAPITAL CORP. sell in Q1 2026?
In Q1 2026, BIGLARI CAPITAL CORP. reduced holdings in CRACKER BARREL OLD CTRY STOR (CBRL).
Which positions did BIGLARI CAPITAL CORP. initiate in Q1 2026?
BIGLARI CAPITAL CORP. established no new positions in Q1 2026.
Which existing positions saw the largest allocation increases for BIGLARI CAPITAL CORP. in Q1 2026?
Of 2 existing positions with share-count increases in Q1 2026, the largest were: FERRARI N V (RACE, +1.7% weight, +29.4% shares), BIGLARI HLDGS INC (BH, +0.1% weight, +0.7% shares).
Which positions did BIGLARI CAPITAL CORP. fully exit in Q1 2026?
BIGLARI CAPITAL CORP. fully exited no positions in Q1 2026.
Which existing positions saw the largest allocation reductions for BIGLARI CAPITAL CORP. in Q1 2026?
Of 1 existing position with share-count reductions in Q1 2026, the largest were: CRACKER BARREL OLD CTRY STOR (CBRL, -1.5% weight, -93.9% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.