Do You Believe in the Long-Term Growth Potential of Atlanta Braves Holdings (BATRK)?

Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 2.70% in the second quarter, compared to the Russell 3000’s 10.99% return and the Russell 2000’s 8.50% gain. For more information on the fund’s best picks in 2025, please check its top five holdings.

In its second-quarter 2025 investor letter, Longleaf Partners Small-Cap Fund highlighted stocks such as 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. The one-month return of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) was 10.06%, and its shares gained 55.40% of their value over the last 52 weeks. On August 20, 2025, Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) stock closed at $43.33 per share, with a market capitalization of $2.761 billion.

Longleaf Partners Small-Cap Fund stated the following regarding Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) in its second quarter 2025 investor letter:

“Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) – This company, which owns the Atlanta Braves baseball team and real estate around the stadium, was another contributor in the quarter. This quarter was highlighted by the strategic acquisition of the Pennant Park office complex, significantly expanding the company’s real estate footprint adjacent to “The Battery” development around their stadium. A well-received analyst day further highlighted the sum-of-the-parts valuation, while professional sports team valuations continue to increase. The team itself is currently struggling on the field this season, but we still like their long-term potential.”

Atlanta Braves Holdings (BATRA): Among Mid- And Large-Cap Stocks Insiders Are Buying After Trump’s Tariff Rollout

A dramatic aerial view of the Major League Baseball stadium at night, illuminated in the team’s official colors.

Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 39 hedge fund portfolios held Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) at the end of the first quarter, which was 37 in the previous quarter. While we acknowledge the risk and potential of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) and shared the list of best performing Warren Buffett stocks in 2025. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.