First Quadrant’s SBA Communications SBAC Stock Holding History

First Quadrant’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
2020 Q2	–	Sell	-2,584	Closed	-$698K	–	818
2020 Q1	$698K	Sell	2,584 -2,016	-44%	-$532K	0.1%	213
2019 Q4	$1.11M	Sell	4,600 -400	-8%	-$94.8K	0.09%	213
2019 Q3	$1.21M	Sell	5,000 -500	-9%	-$124K	0.11%	190
2019 Q2	$1.24M	Sell	5,500 -139	-2%	-$29.3K	0.09%	264
2019 Q1	$1.13M	Buy	5,639 +32	+0.6%	+$5.8K	0.09%	245
2018 Q4	$908K	Hold	5,607	–	–	0.07%	252
2018 Q3	$901K	Buy	5,607 +107	+2%	+$17.1K	0.02%	397
2018 Q2	$908K	Hold	5,500	–	–	0.02%	418
2018 Q1	$940K	Sell	5,500 -700	-11%	-$116K	0.02%	409
2017 Q4	$1.01M	Hold	6,200	–	–	0.02%	436
2017 Q3	$893K	Hold	6,200	–	–	0.02%	454
2017 Q2	$836K	Sell	6,200 -900	-13%	-$117K	0.02%	453
2017 Q1	$855K	Hold	7,100	–	–	0.02%	476
2016 Q4	$733K	Hold	7,100	–	–	0.02%	493
2016 Q3	$796K	Hold	7,100	–	–	0.02%	470
2016 Q2	$766K	Hold	7,100	–	–	0.02%	429
2016 Q1	$711K	Hold	7,100	–	–	0.02%	448
2015 Q4	$746K	Hold	7,100	–	–	0.02%	423
2015 Q3	$744K	Sell	7,100 -900	-11%	-$105K	0.02%	410
2015 Q2	$920K	Hold	8,000	–	–	0.02%	377
2015 Q1	$937K	Hold	8,000	–	–	0.02%	363
2014 Q4	$886K	Hold	8,000	–	–	0.02%	369
2014 Q3	$887K	Hold	8,000	–	–	0.02%	377
2014 Q2	$818K	Buy	+8,000	New	+$768K	0.02%	414

Other funds holding SBAC

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

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

ACM

AKRE Capital Management Middleburg, Virginia $6.13B AUM 15.27% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

First Quadrant's SBAC Position: Q2 2020 in Review

First Quadrant sold out of SBA Communications (SBAC) in Q2 2020, closing a stake of 2,584 shares — an estimated $698K sold.

First Quadrant first reported a position in SBAC in Q2 2014 and held it in 24 quarters. The position peaked at $1.24M in Q2 2019. 649 funds tracked by Wall St. Rank hold SBAC as of Q2 2020.

First Quadrant reported no remaining SBA Communications position as of Q2 2020 after selling out during the quarter.
First Quadrant sold 2,584 SBA Communications shares in Q2 2020, an estimated $698K.
First Quadrant first reported a position in SBA Communications in Q2 2014 and held it in 24 quarters.
First Quadrant's SBA Communications position peaked at $1.24M in Q2 2019.
649 funds tracked by Wall St. Rank held SBA Communications as of Q2 2020.

Based on First Quadrant's 13F filing for Q2 2020, filed 28 Jul 2020.