NISA INVESTMENT ADVISORS, LLC BH — BIGLARI HOLDINGS INC

Ownership history in NISA INVESTMENT ADVISORS, LLC  ·  22 quarters on record

AI Ownership Summary

NISA INVESTMENT ADVISORS, LLC reported BIGLARI HOLDINGS INC (BH) in 22 quarterly 13F filings from 2024 Q2 through 2026 Q3. The latest visible filing shows BH at 0.00% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this BH ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was NISA INVESTMENT ADVISORS, LLC's position in BIGLARI HOLDINGS INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q3

BH was reported at 0.00% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.0% in 2024 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q2 to 2026 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

BH stock page NISA INVESTMENT ADVISORS, LLC fund profile NISA INVESTMENT ADVISORS, LLC full holdings
How NISA INVESTMENT ADVISORS, LLC held BH — position size vs. price
% of Fund (quarterly)    BH price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 8 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q3 UNCHANGED — — — 2 — 0% 0.00% $688 2026-10-20 $442.21
2026 Q2 UNCHANGED — — — 2 — 0% 0.00% $852 2026-08-10 $385.62
2026 Q1 UNCHANGED — — — 2 — 0% 0.00% $659 2026-04-30 $309.25
2025 Q4 UNCHANGED — — — 2 — 0% 0.00% $665 2026-01-15 $458.94
2025 Q3 UNCHANGED — — — 2 — 0% 0.00% $647 2025-10-23 $372.81
2025 Q2 REDUCED 95.0% +11.0% ❌ 2 -38 -95.0% 0.00% $584 2025-07-31 $308.32
2024 Q3 UNCHANGED — — — 40 — 0% 0.00% $7K 2024-10-24 $170.94
2024 Q2 UNCHANGED — — — 40 — 0% 0.00% $8K 2024-07-19 $194.78
14 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding BH

As of 2026 Q3 — sorted by position size

Y-Intercept (Hong Kong) Ltd 3Y 0.03% State of Alaska, Department of Revenue 3Y 7Y 0.0% Essential Partners LLC 0.0% SIGNATUREFD, LLC 3Y 7Y 0.0% GAMMA Investing LLC 0.0% Sterling Capital Management LLC 3Y 7Y 0.0% Farther Finance Advisors, LLC 3Y 0.0% IFP Advisors, Inc 3Y 7Y 0.0% Root Financial Partners, LLC 3Y 0.0% SBI Securities Co., Ltd. 0.0%

FAQ About NISA INVESTMENT ADVISORS, LLC and BH

These are the practical questions this page is built to answer before you even open the full history table.

How long has NISA INVESTMENT ADVISORS, LLC reported owning BH?

NISA INVESTMENT ADVISORS, LLC reported BH across 8 quarterly 13F filings, from 2024 Q2 through 2026 Q3.

What was the largest reported BH position in NISA INVESTMENT ADVISORS, LLC's portfolio?

The largest reported portfolio weight for BH was 0.00% in 2024 Q2.

What is the latest reported BH position on this page?

The most recent filing on this page is 2026 Q3, when NISA INVESTMENT ADVISORS, LLC reported 2 shares, equal to 0.00% of portfolio, with an estimated market value of $688.

What does the chart on this BH ownership page compare?

The chart compares NISA INVESTMENT ADVISORS, LLC's quarterly BH portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did NISA INVESTMENT ADVISORS, LLC time their BH position?

Based on 13F filing dates vs. subsequent BH price moves, NISA INVESTMENT ADVISORS, LLC correctly timed 1 out of 5 reported position changes (20%). The annualised alpha on BH relative to SPY over the holding period was +26.2%.

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