SBA Communications
SBAC
407 hedge funds and large institutions have $14.5B invested in SBA Communications in 2015 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 139 increasing their positions, 155 reducing their positions, and 36 closing their positions.
34% more call options, than puts
Call options by funds: $14.3M | Put options by funds: $10.7M
33% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 36
2% more funds holding
Funds holding: 399 → 407 (+8)
3% more capital invested
Capital invested by funds: $14.2B → $14.5B (+$386M)
10% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 155
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$128M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$118M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$114M |
| 4 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$60.9M |
| 5 |
SG Americas Securities
New York
|
+$60.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$232M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$98.3M |
| 3 |
Cohen & Steers
New York
|
-$69.3M |
| 4 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
-$68.2M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$64M |
SBAC Hedge Fund Activity: Q1 2015 in Review
407 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q1 2015, worth a combined $14.5B — up 2.7% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new SBAC positions and 36 closed out — a net gain of 12 holders — while 139 added to existing stakes and 155 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $128M. The largest seller was Wells Fargo, cutting an estimated $232M.
- 407 institutional investors held SBA Communications (SBAC) as of Q1 2015, up from 399 in Q4 2014.
- Funds reported $14.5B of SBA Communications stock for Q1 2015, up 2.7% quarter-over-quarter.
- 48 funds opened new SBA Communications positions in Q1 2015 and 36 closed out, a net change of +12 holders.
- The largest SBA Communications buyer in Q1 2015 was JP Morgan Chase, an estimated $128M added.
- The largest SBA Communications seller in Q1 2015 was Wells Fargo, an estimated $232M sold.
Based on aggregated 13F filings for Q1 2015.