SBA Communications
SBAC
377 hedge funds and large institutions have $14B invested in SBA Communications in 2014 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 135 increasing their positions, 158 reducing their positions, and 34 closing their positions.
296% more call options, than puts
Call options by funds: $40.6M | Put options by funds: $10.2M
13% more capital invested
Capital invested by funds: $12.4B → $14B (+$1.6B)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
1% more funds holding
Funds holding: 375 → 377 (+2)
15% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 158
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$359M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$175M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$104M |
| 4 |
JP Morgan Chase
New York
|
+$92M |
| 5 |
Renaissance Technologies
New York
|
+$75.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$211M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$203M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$119M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$105M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$103M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
T
401
TradeWorx
Red Bank,
New Jersey
| – | -$283K | -3,115 | Closed |
|
402
Jane Street
New York
| – | -$218K | -2,396 | Closed |
|
|
HHMI
403
Howard Hughes Medical Institute
Chevy Chase,
Maryland
| – | -$195K | -2,146 | Closed |
|
|
HR
404
Howe & Rusling
Rochester,
New York
| – | -$14K | -155 | Closed |
|
|
SFSIG
405
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$12K | -134 | Closed |
|
|
FWM
406
Focused Wealth Management
Newburgh,
New York
| – | -$8K | -85 | Closed |
|
|
LWCFA
407
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$6K | -69 | Closed |
|
|
ACS
408
Archford Capital Strategies
Swansea,
Illinois
| – | -$4.64K | -51 | Closed |
|
|
NSIM
409
North Star Investment Management
Chicago,
Illinois
| – | -$3K | -29 | Closed |
|
|
CAW
410
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$2K | -24 | Closed |
|
|
SSB
411
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -16 | Closed |
|
SBAC Hedge Fund Activity: Q2 2014 in Review
377 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q2 2014, worth a combined $14B — up 13% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SBAC positions and 34 closed out — a net gain of 2 holders — while 135 added to existing stakes and 158 trimmed.
The largest buyer was Citigroup, adding an estimated $359M. The largest seller was Goldman Sachs, cutting an estimated $211M.
- 377 institutional investors held SBA Communications (SBAC) as of Q2 2014, up from 375 in Q1 2014.
- Funds reported $14B of SBA Communications stock for Q2 2014, up 13% quarter-over-quarter.
- 36 funds opened new SBA Communications positions in Q2 2014 and 34 closed out, a net change of +2 holders.
- The largest SBA Communications buyer in Q2 2014 was Citigroup, an estimated $359M added.
- The largest SBA Communications seller in Q2 2014 was Goldman Sachs, an estimated $211M sold.
Based on aggregated 13F filings for Q2 2014.