MARSHALL WACE, LLP

Position in BH-A — Biglari Holdings Inc.

CIK 1318757 LONDON, X0

Position in BH-A

as of Jun 30, 2026 · filed Aug 13, 2026 Compact

Position Value

$17,919,810

+$3,195,444 QoQ

Shares Held

33,252

-3.8% QoQ

Ownership

1.43%

of shares outstanding

% of Portfolio

0.02%

of 13F equity value

Holder Rank

of 112 holders

Holding Since

Mar 2020

8 quarters on record

Voting authority Sole 0% Shared 100% None 0%

Consumer Cyclical · as of Jun 30, 2026

MARSHALL WACE, LLP holds $692,625,950 across 29 Restaurants names. BH-A ranks #11 (2.6% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	WING	Wingstop Inc.	961,328	$166,703,888
2	BROS	Dutch Bros Inc.	1,459,562	$104,811,146
3	YUM	Yum Brands Inc	500,000	$79,930,000
4	SHAK	Shake Shack Inc.	1,386,728	$77,684,500
5	CAVA	Cava Group, Inc.	461,401	$36,210,749
6	MCD	Mcdonalds Corp	122,723	$33,173,254
7	BJRI	BJs RESTAURANTS INC	513,427	$31,185,554
8	YUMC	Yum China Holdings, Inc.	560,917	$22,924,677

11 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-06-30 BH	$13,213,746	31,016	-3.7%	Shares	Other	2026-08-13
2026-06-30	$4,706,064	2,236	-5.2%	Shares	Other	2026-08-13
2026-03-31 BH	$10,615,104	32,207	+4474.9%	Shares	Other	2026-05-15
2026-03-31	$4,109,262	2,358	+248.3%	Shares	Other	2026-05-15
2025-12-31 BH	$234,030	704	-79.7%	Shares	Other	2026-02-13
2025-12-31	$1,178,013	677	+2.9%	Shares	Other	2026-02-13
2025-09-30	$1,016,610	658	—	Shares	Other	2025-11-13
2021-06-30 BH	$554,317	3,476	+83.9%	Shares	Sole	2021-08-13
2021-03-31 BH	$250,916	1,890	-13.7%	Shares	Sole	2021-05-17
2020-12-31 BH	$243,639	2,191	-13.2%	Shares	Sole	2021-02-16
2020-03-31 BH	$129,733	2,524	—	Shares	Sole	2020-05-15
No filing history on record for this holder in this stock.