Conatus Capital Management’s SBA Communications SBAC Stock Holding History

Conatus Capital Management’s Portfolio SBAC Stock Details SBAC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-457,182	Closed	-$47.9M	–	27
2015 Q3	$47.9M	Sell	457,182 -25,086	-5%	-$2.92M	3.03%	17
2015 Q2	$55.4M	Sell	482,268 -73,488	-13%	-$8.62M	3.38%	18
2015 Q1	$65.1M	Sell	555,756 -135,997	-20%	-$16.1M	4.12%	14
2014 Q4	$76.6M	Sell	691,753 -88,388	-11%	-$9.94M	3.74%	17
2014 Q3	$86.5M	Buy	780,141 +116,005	+17%	+$12.5M	3.7%	14
2014 Q2	$67.9M	Buy	+664,136	New	+$63.8M	3.13%	19
2013 Q3	–	Sell	-623,908	Closed	-$46.2M	–	41
2013 Q2	$46.2M	Buy	+623,908	New	+$47.6M	1.94%	33

Other funds holding SBAC

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Winslow Capital Management Minneapolis, Minnesota $25.6B AUM 33.75% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

TCM

TimesSquare Capital Management New York $5.89B AUM 28.74% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Conatus Capital Management's SBAC Position: Q4 2015 in Review

Conatus Capital Management sold out of SBA Communications (SBAC) in Q4 2015, closing a stake of 457,182 shares — an estimated $47.9M sold.

Conatus Capital Management first reported a position in SBAC in Q2 2013 and held it in 7 quarters. The position peaked at $86.5M in Q3 2014. 403 funds tracked by Wall St. Rank hold SBAC as of Q4 2015.

Conatus Capital Management reported no remaining SBA Communications position as of Q4 2015 after selling out during the quarter.
Conatus Capital Management sold 457,182 SBA Communications shares in Q4 2015, an estimated $47.9M.
Conatus Capital Management first reported a position in SBA Communications in Q2 2013 and held it in 7 quarters.
Conatus Capital Management's SBA Communications position peaked at $86.5M in Q3 2014.
403 funds tracked by Wall St. Rank held SBA Communications as of Q4 2015.

Based on Conatus Capital Management's 13F filing for Q4 2015, filed 16 Feb 2016.