BIGLARI CAPITAL CORP.
•CIK: 1334429•Filing: Q4 2025
**BIGLARI CAPITAL CORP.** manages $933M across a concentrated portfolio of 12 positions. The fund exhibits a significant overweighting in Black Hills ($467.9M) and Black Hills/A ($268.8M), representing over 80% of reported holdings. Further notable allocations include MTB-PK ($83.4M) and LOCO ($41.8M). This structure suggests a highly concentrated, deep-value approach focused on specific sector leaders.
Total AUM
$932.7M
QoQ Performance
+2.1%
Positions
11
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
BH
BH/A
RACE
BH50.2%
BH/A28.8%
RACE8.9%
LOCO4.5%
JACK3.4%
WYNN1.9%
CBRL1.6%
KMX0.5%
📈 Biggest Buys
📉 Biggest Sells
No reductions this quarter
Sector Breakdown
Other99.8%
Financial0.2%
Consumer Staples0.0%
Changes from Q3 2025
↑3 increased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023