Atlanta Braves Holdings Series B
BATRK
149 hedge funds and large institutions have $705M invested in Atlanta Braves Holdings Series B in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 49 reducing their positions, and 19 closing their positions.
8% more capital invested
Capital invested by funds: $651M → $705M (+$53.7M)
1.84% more ownership
Funds ownership: 71.04% → 72.89% (+1.8%)
4% less call options, than puts
Call options by funds: $1.47M | Put options by funds: $1.53M
3% less funds holding
Funds holding: 154 → 149 (-5)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
22% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$31.7M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$12.6M |
| 3 |
Millennium Management
New York
|
+$7.19M |
| 4 |
PC
PointState Capital
New York
|
+$6.24M |
| 5 |
TLCM
Tiger Legatus Capital Management
New York
|
+$5.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$31.2M |
| 2 |
EAM
EastBay Asset Management
New York
|
-$8.94M |
| 3 |
ClearBridge Investments
New York
|
-$8.29M |
| 4 |
D.E. Shaw & Co
New York
|
-$4.17M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.44M |
BATRK Hedge Fund Activity: Q3 2017 in Review
149 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Atlanta Braves Holdings Series B (BATRK) for Q3 2017, worth a combined $705M — up 8.3% from $651M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BATRK and 15 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 38 added.
The largest buyer was Park West Asset Management, adding an estimated $31.7M. The largest seller was Baupost Group, exiting entirely with an estimated $31.2M sold.
- 149 institutional investors held Atlanta Braves Holdings Series B (BATRK) as of Q3 2017, down from 154 in Q2 2017.
- Funds reported $705M of Atlanta Braves Holdings Series B stock for Q3 2017, up 8.3% quarter-over-quarter.
- 15 funds opened new Atlanta Braves Holdings Series B positions in Q3 2017 and 19 closed out, a net change of -4 holders.
- The largest Atlanta Braves Holdings Series B buyer in Q3 2017 was Park West Asset Management, an estimated $31.7M added.
- The largest Atlanta Braves Holdings Series B seller in Q3 2017 was Baupost Group, an estimated $31.2M sold.
Based on aggregated 13F filings for Q3 2017.