Atlanta Braves Holdings Series B
BATRK
175 hedge funds and large institutions have $595M invested in Atlanta Braves Holdings Series B in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 49 reducing their positions, and 30 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 49
5% more capital invested
Capital invested by funds: $566M → $595M (+$29.1M)
1.1% more ownership
Funds ownership: 74.42% → 75.52% (+1.1%)
6% less funds holding
Funds holding: 186 → 175 (-11)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
30% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 30
65% less call options, than puts
Call options by funds: $320K | Put options by funds: $916K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$24.2M |
| 2 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
+$10.6M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$7.94M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$7.77M |
| 5 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$45M |
| 2 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$4.92M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.56M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$3.2M |
| 5 |
PCM
Poehling Capital Management
Madison,
Wisconsin
|
-$2.36M |
BATRK Hedge Fund Activity: Q2 2020 in Review
175 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Atlanta Braves Holdings Series B (BATRK) for Q2 2020, worth a combined $595M — up 5.1% from $566M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BATRK and 21 opened new positions — a net loss of 9 holders — while 49 trimmed existing stakes and 54 added.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $24.2M. The largest seller was Park West Asset Management, cutting an estimated $45M.
- 175 institutional investors held Atlanta Braves Holdings Series B (BATRK) as of Q2 2020, down from 186 in Q1 2020.
- Funds reported $595M of Atlanta Braves Holdings Series B stock for Q2 2020, up 5.1% quarter-over-quarter.
- 21 funds opened new Atlanta Braves Holdings Series B positions in Q2 2020 and 30 closed out, a net change of -9 holders.
- The largest Atlanta Braves Holdings Series B buyer in Q2 2020 was Hawk Ridge Capital Management, an estimated $24.2M added.
- The largest Atlanta Braves Holdings Series B seller in Q2 2020 was Park West Asset Management, an estimated $45M sold.
Based on aggregated 13F filings for Q2 2020.