Pinnacle Sports Portfolio: Year-End 2025 Commentary
February 19, 2026
From the beginning, our thesis has been simple. Sports is a scarce, global asset class with durable economics that sit meaningfully outside traditional market cycles and the assets themselves are largely uncorrelated with conventional drivers of equity returns. As a result, performance will at times look different from broad indices. That divergence is not a risk we seek to eliminate; it is a feature we expect to live with patiently.
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Founded in 1984, Pinnacle Associates, Ltd. is a forward thinking, multi-billion dollar investment advisory firm focused on transparency and putting clients first. We provide advice to individuals and families, institutional investors and other financial institutions.
