Palestra Capital Management’s SBA Communications SBAC Stock Holding History

Palestra 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
2016 Q1	–	Sell	-335,850	Closed	-$35.3M	–	28
2015 Q4	$35.3M	Sell	335,850 -200,150	-37%	-$21.7M	4.09%	12
2015 Q3	$56.1M	Buy	536,000 +114,000	+27%	+$13.3M	5.41%	6
2015 Q2	$48.5M	Sell	422,000 -22,500	-5%	-$2.64M	4.74%	7
2015 Q1	$52.1M	Buy	444,500 +4,600	+1%	+$543K	4.58%	6
2014 Q4	$48.7M	Sell	439,900 -45,100	-9%	-$5.07M	4.25%	10
2014 Q3	$53.8M	Buy	+485,000	New	+$52.4M	4.59%	6

Other funds holding SBAC

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

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 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

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

FCM

Farallon Capital Management San Francisco, California $17.5B AUM 50.95% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 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

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Palestra Capital Management's SBAC Position: Q1 2016 in Review

Palestra Capital Management sold out of SBA Communications (SBAC) in Q1 2016, closing a stake of 335,850 shares — an estimated $35.3M sold.

Palestra Capital Management first reported a position in SBAC in Q3 2014 and held it in 6 quarters. The position peaked at $56.1M in Q3 2015. 383 funds tracked by Wall St. Rank hold SBAC as of Q1 2016.

Palestra Capital Management reported no remaining SBA Communications position as of Q1 2016 after selling out during the quarter.
Palestra Capital Management sold 335,850 SBA Communications shares in Q1 2016, an estimated $35.3M.
Palestra Capital Management first reported a position in SBA Communications in Q3 2014 and held it in 6 quarters.
Palestra Capital Management's SBA Communications position peaked at $56.1M in Q3 2015.
383 funds tracked by Wall St. Rank held SBA Communications as of Q1 2016.

Based on Palestra Capital Management's 13F filing for Q1 2016, filed 16 May 2016.