In its Q2 2026 investor letter, Longleaf Partners Small-Cap Fund highlighted Atlanta Braves Holdings, Inc. (NASDAQ:BATRK).
Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) owns and operates the Atlanta Braves Major League Baseball Club in the United States
On July 13, 2026, Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) closed at $52.56 per share, reflecting a market capitalization of $3.37 billion. Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) posted a one-month return of 1.03%, while its shares gained 13.74% over the past 52 weeks. Longleaf Partners Small-Cap Fund stated the following regarding Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) in its Q2 2026 investor update: “Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) – The owner of the Atlanta Braves baseball team and surrounding real estate was a contributor during the quarter.
The highlight during the quarter was the sale of the Padres baseball team for a revenue multiple that implies a much higher value than what the market is ascribing to the Braves, and that is before considering the characteristics that we think make the Braves a better asset. Former Braves owner Ted Turner passed away during the quarter. The market reacted positively to this news as Braves controlling owner John Malone had previously said he would not sell the team while Ted was alive.