Sandler Capital Management’s SBA Communications SBAC Stock Holding History

Sandler 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 Q3	–	Sell	-35,000	Closed	-$4.02M	–	184
2015 Q2	$4.02M	Buy	+35,000	New	+$4.11M	0.36%	104
2014 Q4	–	Sell	-41,992	Closed	-$4.66M	–	238
2014 Q3	$4.66M	Sell	41,992 -1,744	-4%	-$188K	0.22%	137
2014 Q2	$4.47M	Sell	43,736 -5,000	-10%	-$480K	0.19%	152
2014 Q1	$4.43M	Sell	48,736 -220,464	-82%	-$20.4M	0.16%	150
2013 Q4	$24.2M	Buy	+269,200	New	+$23.1M	0.78%	41

Other funds holding SBAC

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

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

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

American Century Companies Kansas City, Missouri $194B AUM 35% 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

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

LPC

Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return

Sandler Capital Management's SBAC Position: Q3 2015 in Review

Sandler Capital Management sold out of SBA Communications (SBAC) in Q3 2015, closing a stake of 35,000 shares — an estimated $4.02M sold.

Sandler Capital Management first reported a position in SBAC in Q4 2013 and held it in 5 quarters. The position peaked at $24.2M in Q4 2013. 408 funds tracked by Wall St. Rank hold SBAC as of Q3 2015.

Sandler Capital Management reported no remaining SBA Communications position as of Q3 2015 after selling out during the quarter.
Sandler Capital Management sold 35,000 SBA Communications shares in Q3 2015, an estimated $4.02M.
Sandler Capital Management first reported a position in SBA Communications in Q4 2013 and held it in 5 quarters.
Sandler Capital Management's SBA Communications position peaked at $24.2M in Q4 2013.
408 funds tracked by Wall St. Rank held SBA Communications as of Q3 2015.

Based on Sandler Capital Management's 13F filing for Q3 2015, filed 16 Nov 2015.