SBA Communications
SBAC
569 hedge funds and large institutions have $25.6B invested in SBA Communications in 2019 Q3 according to their latest regulatory filings, with 88 funds opening new positions, 202 increasing their positions, 196 reducing their positions, and 50 closing their positions.
76% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 50
7% more capital invested
Capital invested by funds: $23.9B → $25.6B (+$1.7B)
7% more funds holding
Funds holding: 533 → 569 (+36)
3% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 196
0.07% less ownership
Funds ownership: 93.99% → 93.92% (-0.07%)
9% less call options, than puts
Call options by funds: $67.9M | Put options by funds: $74.7M
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$234M |
| 2 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$224M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$105M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$73.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$72.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$106M |
| 2 |
MG
Meritage Group
San Francisco,
California
|
-$93.8M |
| 3 |
GIP
General Industrial Partners
London,
United Kingdom
|
-$83M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$78M |
| 5 |
Cohen & Steers
New York
|
-$75.5M |
SBAC Hedge Fund Activity: Q3 2019 in Review
569 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2019, worth a combined $25.6B — up 7.1% from $23.9B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new SBAC positions and 50 closed out — a net gain of 38 holders — while 202 added to existing stakes and 196 trimmed.
The largest buyer was BlackRock, adding an estimated $234M. The largest seller was Invesco, cutting an estimated $106M.
- 569 institutional investors held SBA Communications (SBAC) as of Q3 2019, up from 533 in Q2 2019.
- Funds reported $25.6B of SBA Communications stock for Q3 2019, up 7.1% quarter-over-quarter.
- 88 funds opened new SBA Communications positions in Q3 2019 and 50 closed out, a net change of +38 holders.
- The largest SBA Communications buyer in Q3 2019 was BlackRock, an estimated $234M added.
- The largest SBA Communications seller in Q3 2019 was Invesco, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2019.