Billionaire Mason Hawkins’ 10 Small-Cap Stocks with Huge Upside Potential

6. Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Market Capitalization: $2.46 billion

Number of Hedge Fund Holders: 54

Southeastern Asset Management Stake: $32,559,911

Analyst Upside Potential: 47.77%

Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) is a diversified sports and entertainment holding company that mainly operates the Atlanta Braves Major League Baseball team. Its operations are segregated into two main business segments including the Baseball segment and the Mixed-use Development segment. Under the Mixed-use Development segment, the company manages The Battery Atlanta, which is a mixed-use real-estate development featuring retail, office, hotel, and entertainment spaces.

On April 2, Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) announced that it acquired Pennant Park which is a six-building complex adjacent to The Battery Atlanta. This purchase has strategically expanded the company’s real-estate portfolio of 763,465 square feet and its overall land holdings by 30%.

This news becomes notable when considering the fiscal fourth quarter results for 2024. During the year, the company grew its total revenue from $641 million a year ago to $663 million during the fourth quarter. While the Baseball segment revenue was the major contributor, adding $595 million to the total revenue, it only grew 2%. On the other hand, the Mixed-use development revenue improved 14% to reach $67 million. The recent acquisition is anticipated to induce further growth in this segment. Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) is one of the billionaire Mason Hawkins’ 10 small-cap stocks with huge upside potential.