Biglari Holdings Inc. (BH)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Biglari Capital Corp.	1,337,666	$220,621,253	32.5%
2.	Biglari Capital Corp.	146,799	$116,548,765	17.17%
3.	Dimensional Fund Advisors Lp	87,545	$14,439,011	0%
4.	Blackrock Inc.	54,737	$9,027,773	0%
5.	Vanguard Group Inc	28,443	$4,691,104	0%