Atlanta Braves Holdings Series A (BATRA)

• Market cap: $2.52B
• 1 day: 1.12%
• 5 days: -1.22%
• 1 month: -1.75%
• 3 months: -6.89%
• 6 months: 0.60%
• Year to date: -4.16%
• 1 year: -2.08%
• 5 years: 36.25%
• 10 years: 103.11%
• Sector: Consumer Discretionary
• Industry: Amusement & Recreation Services

About: Atlanta Braves Holdings Inc is a holding company. It operates through its wholly-owned subsidiary, which is the owner and operator of the Atlanta Braves Major League Baseball Club and the mixed-use real estate development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club's stadium, Truist Park. The company predominantly derives revenue related to the Braves baseball franchise and Truist Park from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites and premium seat fees, retail and licensing revenue, shared MLB revenue streams, including national broadcasting rights and licensing, and other sources. The company's reportable segments include, baseball which generates key revenue, and mixed-use development.

Employees: 86

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

21% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 34

3% less capital invested

Capital invested by funds: $333M [Q2] → $324M (-$9.44M) [Q3]

2% less funds holding

Funds holding: 160 [Q2] → 157 (-3) [Q3]

3.69% less ownership

Funds ownership: 78.09% [Q2] → 74.39% (-3.69%) [Q3]

17% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 18

51% less call options, than puts

Call options by funds: $1.41M | Put options by funds: $2.9M