Why RPC (RES) Was a Q2 Detractor for Gabelli Small Cap Growth Fund

Gabelli Small Cap Growth Fund's Q2 2026 performance fell short of expectations, trailing the Russell 2000 Index, S&P SmallCap 600, and Lipper Small-Cap Core Funds Average. Despite gains in several holdings, the Fund's overall return was 14.44%, less than the market's stronger quarter. The Fund, managing $1.9 billion in assets, has consistently delivered a 12.18% annualized return since inception.

Gabelli Small Cap Growth Fund's top five holdings included Atlanta Braves Holdings Inc. (NASDAQ:BATRK), which comprised the Atlanta Braves baseball team and a real estate development. As of June 30, 2026, Atlanta Braves Holdings Inc. (NASDAQ:BATRK) constituted 0.5% of the Fund's net assets. The Fund expressed confidence in AI stocks over Atlanta Braves Holdings Inc. (NASDAQ:BATRK), citing higher return potential in a shorter time frame.