Asher and DBA Trading report 2.30M shares of BRC Group (NYSE: RILY)

Rhea-AI Filing Summary

BRC Group Holdings, Inc. reported a Schedule 13G showing that Daniel Asher and DBA Trading, LLC together hold 2,297,246 ordinary shares, representing 6.54% of the class as reported on 04/15/2026. The filing states shared voting and dispositive power of 2,297,246 shares for each reporting person and includes a joint filing agreement and trade activity exhibit.

Key Figures

Beneficial ownership: 2,297,246 shares Percent of class: 6.54% Shared voting power: 2,297,246 shares +1 more

4 metrics

Beneficial ownership 2,297,246 shares reported ownership as of 04/15/2026

Percent of class 6.54% percent of ordinary shares reported on cover page

Shared voting power 2,297,246 shares shared voting power reported on cover page

Sole voting power 0.00 shares sole voting power reported on cover page

Key Terms

Schedule 13G, Beneficial ownership, Shared Dispositive Power

3 terms

Schedule 13G regulatory

"Item 1. (a) Name of issuer: BRC Group Holdings, Inc."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficial ownership financial

"Item 4. Ownership (a) Amount beneficially owned: See Row 9"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Shared Dispositive Power financial

"Row 8 | Shared Dispositive Power 2,297,246.00"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BRC Group Holdings, Inc.

(Name of Issuer)

Ordinary Shares, nominal value $0.01 per share

(Title of Class of Securities)

05580M108

(CUSIP Number)

04/15/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 05580M108

1

Names of Reporting Persons

DANIEL ASHER

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,297,246.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,297,246.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,297,246.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.54 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): 05580M108

1

Names of Reporting Persons

DBA TRADING, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,297,246.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,297,246.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,297,246.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.54 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BRC Group Holdings, Inc.
(b)	Address of issuer's principal executive offices: 11100 Santa Monica Blvd Suite 800 Los Angeles CA 90025
Item 2.
(a)	Name of person filing: Daniel Asher, DBA Trading, LLC.
(b)	Address or principal business office or, if none, residence: 1011 Lake Street Suite 311 Oak Park, IL 60301
(c)	Citizenship: USA
(d)	Title of class of securities: Ordinary Shares, nominal value $0.01 per share
(e)	CUSIP Number(s): 05580M108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See Row 9 of cover page for each reporting person.
(b)	Percent of class: See Row 11 of cover page for each reporting person
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Row 5 of cover page for each reporting Person.
	(ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each reporting Person. Daniel Asher is the beneficial owner of, DBA Trading, LLC, and is deemed to control and share voting and dispositive power over the shares held by them.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DANIEL ASHER

Signature:	/s/ Daniel Asher
Name/Title:	Daniel Asher
Date:	04/22/2026

DBA TRADING, LLC

Signature:	/s/ Fred Goldman
Name/Title:	Fred Goldman, Member
Date:	04/22/2026

Exhibit Information

99.1 Joint Filing Agreement of the Reporting Persons. 99.2 Trade Activity