BIGLARI CAPITAL CORP.: CRACKER BARREL OLD CTRY STOR (CBRL): Quarterly 13F Position History
As of Q1 2026, BIGLARI CAPITAL CORP. reported 35,859 shares of CRACKER BARREL OLD CTRY STOR (CBRL), worth $1.0M and representing 0.1% of its 13F equity book. Quarter-over-quarter share count change: 549,141 (-93.9%) . The position first appeared in Q2 2016 and has been disclosed across 40 13F-HR filings in Pactolio's tracked window.
- 35,859Shares Held (Latest Filing)
- $1.0MReported Market Value (Latest Filing)
- 0.1%Portfolio Weight (% of 13F Equity Book)
- 549,141Quarter-over-Quarter Share Change
- -$13.9MQuarter-over-Quarter Value Change
- 4,737,794Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 40 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 35,859 | 549,141 | -93.9% | $1.0M | 0.1% | $28.1 |
| Q4 2025 | 585,000 | 0 | — | $14.9M | 1.6% | $25.4 |
| Q3 2025 | 585,000 | 311,775 | -34.8% | $25.8M | 2.8% | $44.1 |
| Q2 2025 | 896,775 | 1,103,225 | -55.2% | $54.8M | 6.3% | $61.1 |
| Q1 2025 | 2,000,000 | 0 | — | $77.6M | 11.0% | $38.8 |
| Q4 2024 | 2,000,000 | 0 | — | $105.7M | 12.6% | $52.9 |
| Q3 2024 | 2,000,000 | 0 | — | $90.7M | 13.9% | $45.4 |
| Q2 2024 | 2,000,000 | 0 | — | $84.3M | 12.8% | $42.2 |
| Q1 2024 | 2,000,000 | 0 | — | $145.5M | 19.5% | $72.7 |
| Q4 2023 | 2,000,000 | 0 | — | $154.2M | 22.7% | $77.1 |
| Q3 2023 | 2,000,000 | 0 | — | $134.4M | 21.0% | $67.2 |
| Q2 2023 | 2,000,000 | 0 | — | $186.4M | 24.7% | $93.2 |
| Q1 2023 | 2,000,000 | 0 | — | $227.2M | 31.6% | $113.6 |
| Q4 2022 | 2,000,000 | 0 | — | $189.5M | 32.5% | $94.7 |
| Q3 2022 | 2,000,000 | 0 | — | $185.2M | 40.7% | $92.6 |
| Q2 2022 | 2,000,000 | 0 | — | $167.0M | 39.7% | $83.5 |
| Q1 2022 | 2,000,000 | 0 | — | $237.5M | 41.4% | $118.7 |
| Q4 2021 | 2,000,000 | 0 | — | $257.3M | 39.3% | $128.6 |
| Q3 2021 | 2,000,000 | 0 | — | $279.7M | 38.5% | $139.8 |
| Q2 2021 | 2,000,000 | 0 | — | $296.9M | 42.1% | $148.5 |
| Q1 2021 | 2,000,000 | 0 | — | $345.8M | 49.5% | $172.9 |
| Q4 2020 | 2,000,000 | 0 | — | $263.8M | 46.9% | $131.9 |
| Q3 2020 | 2,000,000 | 0 | — | $229.3M | 46.1% | $114.7 |
| Q2 2020 | 2,000,000 | 0 | — | $221.8M | 52.0% | $110.9 |
| Q1 2020 | 2,000,000 | 0 | — | $166.4M | 56.4% | $83.2 |
| Q4 2019 | 2,000,000 | 0 | — | $307.5M | 52.4% | $153.7 |
| Q3 2019 | 2,000,000 | 986,365 | -33.0% | $325.3M | 57.1% | $162.7 |
| Q2 2019 | 2,986,365 | 538,929 | -15.3% | $509.9M | 71.7% | $170.7 |
| Q1 2019 | 3,525,294 | 796,924 | -18.4% | $569.7M | 68.2% | $161.6 |
| Q4 2018 | 4,322,218 | 415,576 | -8.8% | $691.0M | 76.0% | $159.9 |
| Q3 2018 | 4,737,794 | 0 | — | $697.1M | 67.4% | $147.1 |
| Q2 2018 | 4,737,794 | 0 | — | $740.1M | 68.4% | $156.2 |
| Q1 2018 | 4,737,794 | 0 | — | $754.3M | 61.3% | $159.2 |
| Q4 2017 | 4,737,794 | 0 | — | $752.8M | 61.7% | $158.9 |
| Q3 2017 | 4,737,794 | 0 | — | $718.3M | 65.9% | $151.6 |
| Q2 2017 | 4,737,794 | 0 | — | $792.4M | 64.1% | $167.3 |
| Q1 2017 | 4,737,794 | 0 | — | $754.5M | 61.3% | $159.3 |
| Q4 2016 | 4,737,794 | 0 | — | $791.1M | 60.1% | $167.0 |
| Q3 2016 | 4,737,794 | 0 | — | $626.4M | 56.3% | $132.2 |
| Q2 2016 | 4,737,794 | — | — | $812.4M | 63.8% | $171.5 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did BIGLARI CAPITAL CORP. first disclose a CBRL position in 13F-HR filings?
BIGLARI CAPITAL CORP. first reported CRACKER BARREL OLD CTRY STOR (CBRL) on its 13F-HR filing for the period ending 2016-06-30 (Q2 2016). The position has appeared on 40 reported quarters within Pactolio's tracked window.
What was BIGLARI CAPITAL CORP.'s most recent quarter-over-quarter share-count change in CBRL?
Between Q4 2025 and Q1 2026, BIGLARI CAPITAL CORP. reduced its CBRL position by 549,141 shares (-93.9%), leaving 35,859 shares at a market value of $1.0M.
Does the implied price-per-share represent BIGLARI CAPITAL CORP.'s cost basis in CBRL?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.