BIGLARI CAPITAL CORP.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, BIGLARI CAPITAL CORP. maintained a portfolio of 12 distinct positions. They heavily accumulated shares in BIGLARI HLDGS INC, increasing their position by 0.9%.
PCA Score Concentration Risk
Risk ENB
Total Positions
12
Quarter
2025 Q4
Top Holding
BH (50.2%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-12 of 12
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
BH
BIGLARI HLDGS I...
Consumer Cyclical 50.17% 49.42% #1
Prev: #1
10.0 13,131 0.9%
P
S
1,407,568 $467,917,831 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BH/A
BIGLARI HLDGS I...
Consumer Cyclical 28.82% 26.00% #2
Prev: #2
10.0 797 0.5%
P
S
154,474 $268,793,876 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RACE
FERRARI N V
Consumer Cyclical 8.94% 11.03% #3
Prev: #3
5.6 17,981 8.7%
P
S
225,581 $83,365,714 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LOCO
EL POLLO LOCO H...
Consumer Cyclical 4.49% 4.25% #4
Prev: #4
1.8 no change no change
P
S
4,000,000 $41,840,000 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
JACK
JACK IN THE BOX...
Consumer Cyclical 3.42% 3.64% #5
Prev: #5
1.4 no change no change
P
S
1,683,652 $31,905,205 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WYNN
WYNN RESORTS LT...
Consumer Cyclical 1.86% 2.02% #6 1
Prev: #7
0.7 no change no change
P
S
143,801 $17,303,574 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CBRL
CRACKER BARREL ...
Consumer Cyclical 1.59% 2.82% #7 1
Prev: #6
0.6 no change no change
P
S
585,000 $14,859,000 2013 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
KMX
CARMAX INC
Consumer Cyclical 0.52% 0.62% #8
Prev: #8
0.2 no change no change
P
S
125,420 $4,846,229 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK/A
BERKSHIRE HATHA...
Financial Services 0.16% 0.17% #9
Prev: #9
0.1 no change no change
P
S
2 $1,509,600 2015 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BHC
BAUSCH HEALTH C...
Healthcare 0.03% 0.03% #10
Prev: #10
0.0 no change no change
P
S
41,070 $285,437 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 0.00% 0.00% #11
Prev: #11
0.0 no change no change
P
S
100 $30,389 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KO
COCA COLA CO
Consumer Defensive 0.00% 0.00% #12
Prev: #12
0.0 no change no change
P
S
120 $8,389 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-12 of 12 holdings

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