Filed: 2/17/2026ACC: 0000921895-26-000460
📋 What this filing means
BIGLARI CAPITAL CORP. filed this quarterly 13F‑HR report disclosing 12 equity positions with a total reported market value of $932.67M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
12
Positions
$932.67M
Total AUM (reported)
8.37M
Total Shares
Allocation by class
COM STK CL B$467.92M50.2%
COM STK CL A$268.79M28.8%
COM$194.41M20.8%
CL A$1.51M0.2%
SPONSORED ADS$30.4K0.0%
Portfolio Concentration
Top 3$820.08M87.9%
4–10$112.55M12.1%
11–25$38.8K0.0%
Top 3 weight
87.9%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 8.37M
Sole
Full voting authority
6.96M
shares
% of voting shares83.2%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.41M
shares
% of voting shares16.8%
Investment Discretion (by position count)
Sole0
Shared0
Other12
Dominant voting typeSole · 83.2% of voting shares
Institutional Holdings12
Rows:
BIGLARI HLDGS INC
DFNDShares1.41M
TypeSH
Market value$467.92M
50.17%
Sole
0.00
Shared
0.00
None
1.41M
BIGLARI HLDGS INC
DFNDShares154.47K
TypeSH
Market value$268.79M
28.82%
Sole
154.47K
Shared
0.00
None
0.00
FERRARI N V
DFNDShares225.58K
TypeSH
Market value$83.37M
8.94%
Sole
225.58K
Shared
0.00
None
0.00
EL POLLO LOCO HLDGS INC
DFNDShares4M
TypeSH
Market value$41.84M
4.49%
Sole
4M
Shared
0.00
None
0.00
JACK IN THE BOX INC
DFNDShares1.68M
TypeSH
Market value$31.91M
3.42%
Sole
1.68M
Shared
0.00
None
0.00
WYNN RESORTS LTD
DFNDShares143.80K
TypeSH
Market value$17.30M
1.86%
Sole
143.80K
Shared
0.00
None
0.00
CRACKER BARREL OLD CTRY STOR
DFNDShares585K
TypeSH
Market value$14.86M
1.59%
Sole
585K
Shared
0.00
None
0.00
CARMAX INC
DFNDShares125.42K
TypeSH
Market value$4.85M
0.52%
Sole
125.42K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
DFNDShares2.00
TypeSH
Market value$1.51M
0.16%
Sole
2.00
Shared
0.00
None
0.00
BAUSCH HEALTH COS INC
DFNDShares41.07K
TypeSH
Market value$285.4K
0.03%
Sole
41.07K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
DFNDShares100.00
TypeSH
Market value$30.4K
<0.01%
Sole
100.00
Shared
0.00
None
0.00
COCA COLA CO
DFNDShares120.00
TypeSH
Market value$8.4K
<0.01%
Sole
120.00
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BIGLARI HLDGS INCDFND | COM STK CL B | 1.41M | SH | $467.92M 50.17% | 0.00 | 0.00 | 1.41M |
BIGLARI HLDGS INCDFND | COM STK CL A | 154.47K | SH | $268.79M 28.82% | 154.47K | 0.00 | 0.00 |
FERRARI N VDFND | COM | 225.58K | SH | $83.37M 8.94% | 225.58K | 0.00 | 0.00 |
EL POLLO LOCO HLDGS INCDFND | COM | 4M | SH | $41.84M 4.49% | 4M | 0.00 | 0.00 |
JACK IN THE BOX INCDFND | COM | 1.68M | SH | $31.91M 3.42% | 1.68M | 0.00 | 0.00 |
WYNN RESORTS LTDDFND | COM | 143.80K | SH | $17.30M 1.86% | 143.80K | 0.00 | 0.00 |
CRACKER BARREL OLD CTRY STORDFND | COM | 585K | SH | $14.86M 1.59% | 585K | 0.00 | 0.00 |
CARMAX INCDFND | COM | 125.42K | SH | $4.85M 0.52% | 125.42K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELDFND | CL A | 2.00 | SH | $1.51M 0.16% | 2.00 | 0.00 | 0.00 |
BAUSCH HEALTH COS INCDFND | COM | 41.07K | SH | $285.4K 0.03% | 41.07K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDDFND | SPONSORED ADS | 100.00 | SH | $30.4K <0.01% | 100.00 | 0.00 | 0.00 |
COCA COLA CODFND | COM | 120.00 | SH | $8.4K <0.01% | 120.00 | 0.00 | 0.00 |