Wellington Management Group LLP Decreases Holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Wellington Management Group LLP trimmed its holdings in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 16.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 635,044 shares of the financial services provider’s stock after selling 127,571 shares during the period. Wellington Management Group LLP owned 1.25% of Atlanta Braves worth $25,275,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in BATRK. Wealth Enhancement Advisory Services LLC boosted its position in Atlanta Braves by 2.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 13,388 shares of the financial services provider’s stock valued at $528,000 after buying an additional 341 shares during the last quarter. Delphi Management Inc. MA boosted its position in Atlanta Braves by 0.8% in the 2nd quarter. Delphi Management Inc. MA now owns 47,231 shares of the financial services provider’s stock valued at $1,863,000 after buying an additional 388 shares during the last quarter. FMR LLC boosted its position in Atlanta Braves by 2.1% in the 3rd quarter. FMR LLC now owns 21,343 shares of the financial services provider’s stock valued at $849,000 after buying an additional 444 shares during the last quarter. Quarry LP boosted its position in Atlanta Braves by 0.9% in the 3rd quarter. Quarry LP now owns 51,562 shares of the financial services provider’s stock valued at $2,052,000 after buying an additional 456 shares during the last quarter. Finally, Diversify Advisory Services LLC boosted its position in Atlanta Braves by 3.4% in the 3rd quarter. Diversify Advisory Services LLC now owns 15,052 shares of the financial services provider’s stock valued at $607,000 after buying an additional 489 shares during the last quarter. 64.88% of the stock is owned by hedge funds and other institutional investors.

Atlanta Braves Stock Performance

Shares of Atlanta Braves stock opened at $39.39 on Friday. The firm has a market cap of $2.00 billion, a PE ratio of -53.96 and a beta of 0.68. The firm’s 50-day simple moving average is $40.22 and its 200-day simple moving average is $40.78. Atlanta Braves Holdings, Inc. has a 1 year low of $36.74 and a 1 year high of $44.42.

About Atlanta Braves

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.