| BIGLARI CAPITAL CORP. |
| 7.36% | 5.97% | #2 | $64.1M | 3.8M | $55.4M | 4.0M | -222,600-5.57% | Reduce |
| BlackRock, Inc. |
| <0.01% | <0.01% | #73 | $41.7M | 2.5M | $31.7M | 2.3M | +175,467+7.68% | Add |
| DIMENSIONAL FUND ADVISORS LP |
| 0.01% | 0.01% | #33 | $34.8M | 2.0M | $27.9M | 2.0M | +36,106+1.79% | Add |
| LSV ASSET MANAGEMENT |
| 0.05% | 0.04% | #18 | $25.0M | 1.5M | $20.2M | 1.5M | +14,693+1.01% | Add |
| GOLDMAN SACHS GROUP INC |
| <0.01% | <0.01% | #50 | $21.3M | 1.3M | $15.1M | 1.1M | +164,924+15.12% | Add |
| VANGUARD CAPITAL MANAGEMENT LLC |
| <0.01% | <0.01% | #80 | $18.8M | 1.1M | $15.1M | 1.1M | +18,790+1.72% | Add |
| Tieton Capital Management, LLC |
| 5.04% | 4.92% | #3 | $17.5M | 1.0M | $14.7M | 1.1M | -23,565-2.23% | Reduce |
| First Eagle Investment Management, LLC |
| 0.03% | 0.01% | #20 | $16.9M | 995,799 | $8.0M | 575,293 | +420,506+73.09% | Add |
| TWO SIGMA INVESTMENTS, LP |
| 0.01% | 0.01% | #25 | $15.4M | 906,685 | $8.9M | 642,108 | +264,577+41.20% | Add |
| GEODE CAPITAL MANAGEMENT, LLC |
| <0.01% | <0.01% | #68 | $15.1M | 887,623 | $9.3M | 667,716 | +219,907+32.93% | Add |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP |
| 0.01% | <0.01% | #36 | $12.4M | 729,890 | $7.7M | 555,084 | +174,806+31.49% | Add |
| Hillsdale Investment Management Inc. |
| 0.25% | 0.22% | #11 | $11.1M | 656,096 | $8.1M | 583,796 | +72,300+12.38% | Add |
| STATE STREET CORP |
| <0.01% | <0.01% | #84 | $10.7M | 628,223 | $8.4M | 606,308 | +21,915+3.61% | Add |
| BIGLARI, SARDAR |
| 13.33% | 13.32% | #1 | $8.3M | 489,247 | $6.8M | 489,247 | 00.00% | Unchanged |
| MONIMUS CAPITAL MANAGEMENT, LP |
| 1.79% | 1.68% | #5 | $7.7M | 455,982 | $6.1M | 438,269 | +17,713+4.04% | Add |
| PRUDENTIAL FINANCIAL INC |
| 0.01% | 0.01% | #27 | $7.6M | 449,926 | $7.2M | 518,896 | -68,970-13.29% | Reduce |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC |
| 0.13% | 0.12% | #13 | $7.3M | 428,716 | $5.9M | 424,245 | +4,471+1.05% | Add |
| Archon Capital Management LLC |
| 2.9% | 0.9% | #4 | $7.1M | 420,690 | $1.6M | 114,502 | +306,188+267.41% | Add |
| RENAISSANCE TECHNOLOGIES LLC |
| 0.01% | 0.01% | #26 | $7.1M | 418,400 | $4.2M | 306,200 | +112,200+36.64% | Add |
| Divisadero Street Capital Management, LP |
| 0.16% | 0.25% | #12 | $7.0M | 409,925 | $6.0M | 432,295 | -22,370-5.17% | Reduce |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC |
| 0.02% | 0.02% | #23 | $6.3M | 371,373 | $7.3M | 525,463 | -154,090-29.32% | Reduce |
| Rodgers Brothers Inc. |
| 0.58% | 0.58% | #8 | $6.0M | 352,300 | $5.0M | 361,550 | -9,250-2.56% | Reduce |
| UBS Group AG |
| <0.01% | <0.01% | #70 | $5.7M | 336,592 | $722,868 | 52,155 | +284,437+545.37% | Add |
| MORGAN STANLEY |
| <0.01% | <0.01% | #90 | $5.4M | 316,183 | $3.7M | 380,068 | -63,885-16.81% | Reduce |
| Assenagon Asset Management S.A. |
| 0.01% | <0.01% | #32 | $5.1M | 301,505 | $2.1M | 152,767 | +148,738+97.36% | Add |
| SEI INVESTMENTS CO |
| <0.01% | 0.01% | #40 | $5.0M | 296,440 | $8.8M | 635,468 | -339,028-53.35% | Reduce |
| Qube Research & Technologies Ltd |
| <0.01% | — | #38 | $5.0M | 295,789 | $0 | 0 | +295,789 | New Buy |
| D. E. Shaw & Co., Inc. |
| <0.01% | <0.01% | #46 | $4.9M | 287,556 | $2.9M | 206,841 | +80,715+39.02% | Add |
| VANGUARD PORTFOLIO MANAGEMENT LLC |
| <0.01% | <0.01% | #95 | $4.9M | 286,840 | $2.8M | 205,463 | +81,377+39.61% | Add |
| Empowered Funds, LLC |
| 0.02% | 0.02% | #21 | $4.2M | 246,867 | $3.4M | 247,098 | -231-0.09% | Reduce |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC |
| <0.01% | <0.01% | #74 | $3.8M | 223,097 | $3.0M | 217,011 | +6,086+2.80% | Add |
| NORTHERN TRUST CORP |
| <0.01% | <0.01% | #78 | $3.8M | 222,005 | $2.8M | 203,659 | +18,346+9.01% | Add |
| Trexquant Investment LP |
| 0.02% | <0.01% | #22 | $3.7M | 218,709 | $480,291 | 34,653 | +184,056+531.14% | Add |
| VANGUARD FIDUCIARY TRUST CO |
| <0.01% | <0.01% | #72 | $3.0M | 174,929 | $2.3M | 165,534 | +9,395+5.68% | Add |
| BANK OF AMERICA CORP /DE/ |
| <0.01% | <0.01% | #104 | $2.6M | 150,358 | $2.6M | 189,123 | -38,765-20.50% | Reduce |
| CITADEL ADVISORS LLC |
| <0.01% | <0.01% | #89 | $2.5M | 146,788 | $1.2M | 85,734 | +61,054+71.21% | Add |
| AQR CAPITAL MANAGEMENT LLC |
| <0.01% | <0.01% | #67 | $2.4M | 143,683 | $2.3M | 166,300 | -22,617-13.60% | Reduce |
| Creative Planning |
| <0.01% | <0.01% | #56 | $2.3M | 138,480 | $1.6M | 114,509 | +23,971+20.93% | Add |
| Universal- Beteiligungs- und Servicegesellschaft mbH |
| <0.01% | <0.01% | #42 | $2.2M | 132,345 | $1.7M | 120,100 | +12,245+10.20% | Add |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP |
| <0.01% | — | #106 | $2.1M | 121,417 | $0 | 0 | +121,417 | New Buy |
| LAZARD ASSET MANAGEMENT LLC |
| <0.01% | <0.01% | #44 | $1.9M | 114,905 | $1.5M | 110,667 | +4,238+3.83% | Add |
| MARSHALL WACE, LLP |
| <0.01% | 0.01% | #55 | $1.9M | 113,266 | $7.3M | 525,188 | -411,922-78.43% | Reduce |
| Bank of New York Mellon Corp |
| <0.01% | <0.01% | #86 | $1.8M | 108,527 | $1.3M | 95,661 | +12,866+13.45% | Add |
| NORGES BANK |
| <0.01% | — | #102 | $1.8M | 106,200 | $0 | 0 | +106,200 | New Buy |
| Quantinno Capital Management LP |
| <0.01% | <0.01% | #53 | $1.4M | 85,343 | $810,935 | 58,509 | +26,834+45.86% | Add |
| Informed Momentum Co LLC |
| 0.12% | 0.13% | #14 | $1.4M | 80,170 | $1.2M | 83,469 | -3,299-3.95% | Reduce |
| Aristides Capital LLC |
| 0.27% | — | #10 | $1.4M | 79,833 | $0 | 0 | +79,833 | New Buy |
| MILLENNIUM MANAGEMENT LLC |
| <0.01% | <0.01% | #77 | $1.3M | 76,869 | $447,013 | 32,252 | +44,617+138.34% | Add |
| TUDOR INVESTMENT CORP ET AL |
| <0.01% | — | #54 | $1.2M | 73,215 | $0 | 0 | +73,215 | New Buy |
| Boston Partners |
| <0.01% | <0.01% | #64 | $1.2M | 72,405 | $813,460 | 58,691 | +13,714+23.37% | Add |
