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Biglari Capital LLC

● SEC registered since 2013CRD 115197SEC# 801-78141San Antonio, TX
Export (members)
Ranks #2,945 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$1.04B
Fund GAV
$1.04B
Private funds
2
Employees
4
Accounts
2
Location
San Antonio, TX

Biglari Capital LLC assets under management

Biglari Capital LLC is an investment advisory firm registered with the SEC based in San Antonio, TX. The firm has been registered since 2013. It reports $1 billion in regulatory assets under management and employs 4 people. Biglari Capital LLC manages 2 private funds with combined gross assets of $1 billion, including The Lion Fund, L.P. By regulatory assets, it ranks 2,945 of 6,004 private fund managers.

Biglari Capital LLC private funds

2 funds · $1.04B GAV
FundTypeGross assetsMin.
The Lion Fund, L.P.Hedge$750.2M$5M
The Lion Fund II, L.P.Hedge$293.1M$5M

Biglari Capital LLC owners & executives

2 reported
NameTitleOwnershipSince
Bruce Lewis ControlChief Compliance OfficerUnder 5%2013
Sardar Biglari ControlChairman & Ceo / Managing MemberOver 75%2000

Frequently asked questions

How much does Biglari Capital LLC manage?

Biglari Capital LLC reports $1 billion in regulatory assets under management on its Form ADV.

How many private funds does Biglari Capital LLC manage?

Biglari Capital LLC manages 2 private funds with combined gross assets of $1 billion.

How many employees does Biglari Capital LLC have?

Biglari Capital LLC reports 4 employees.

Where is Biglari Capital LLC located?

Biglari Capital LLC is based in San Antonio, TX and has been SEC-registered since 2013.

Does Biglari Capital LLC disclose fund performance?

Biglari Capital LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address19100 Ridgewood Parkway, Suite 1200, San Antonio, TX 78259
Phone210-344-3400
Fax210-344-3411
Office hours9a.m.-5p.m.
SEC regionFort Worth Regional Office (FWRO)
Discloses disciplinary historyNo

Regulatory AUM

$1.04B▲ 12%
Mar '25 — $935MApr '25 — $935MMay '25 — $935MJun '25 — $935MJul '25 — $935MAug '25 — $935MSep '25 — $935MOct '25 — $935MNov '25 — $935MDec '25 — $935MJan '26 — $935MFeb '26 — $935MMar '26 — $1.04BApr '26 — $1.04BMay '26 — $1.04BJun '26 — $1.04B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 32%
Larger than 68% of 16,271 advisers
AUM vs fund managersTop 49%
Larger than 51% of 6,004 private-fund managers
Number of fundsTop 63%
More funds than 37% of fund managers
EmployeesTop 69%
More than 31% of 16,825 advisers

Assets under management

$1.04Bregulatory AUM
Discretionary $1.04B