SBA Communications
SBAC
374 hedge funds and large institutions have $14.2B invested in SBA Communications in 2014 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 120 increasing their positions, 156 reducing their positions, and 33 closing their positions.
104% more call options, than puts
Call options by funds: $64.7M | Put options by funds: $31.6M
2% more capital invested
Capital invested by funds: $14B → $14.2B (+$261M)
0% more funds holding in top 10
Funds holding in top 10: 17 → 17 (0)
1% less funds holding
Funds holding: 377 → 374 (-3)
3% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 33
23% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 156
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$209M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$105M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$79.8M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$58.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$52.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$405M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$122M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$115M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$100M |
| 5 |
JP Morgan Chase
New York
|
-$91.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
401
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$74K | -724 | Closed |
|
402
Parallax Volatility Advisers
San Francisco,
California
| – | -$61.4K | -568 | Closed |
|
|
WTB
403
Washington Trust Bank
Spokane,
Washington
| – | -$13K | -131 | Closed |
|
|
FAM
404
Fred Alger Management
New York
| – | -$3K | -26 | Closed |
|
|
S
405
SignatureFD
Atlanta,
Georgia
| – | -$2K | -18 | Closed |
|
|
RFS
406
Rockefeller Financial Services
New York
| – | -$1K | -14 | Closed |
|
|
ANBT
407
American National Bank & Trust
Wichita Falls,
Texas
| – | +$10.4K | +96 | New |
|
SBAC Hedge Fund Activity: Q3 2014 in Review
374 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2014, worth a combined $14.2B — up 1.9% from $14B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SBAC and 32 opened new positions — a net loss of 1 holder — while 156 trimmed existing stakes and 120 added.
The largest buyer was Viking Global Investors, adding an estimated $209M. The largest seller was Citigroup, cutting an estimated $405M.
- 374 institutional investors held SBA Communications (SBAC) as of Q3 2014, down from 377 in Q2 2014.
- Funds reported $14.2B of SBA Communications stock for Q3 2014, up 1.9% quarter-over-quarter.
- 32 funds opened new SBA Communications positions in Q3 2014 and 33 closed out, a net change of -1 holder.
- The largest SBA Communications buyer in Q3 2014 was Viking Global Investors, an estimated $209M added.
- The largest SBA Communications seller in Q3 2014 was Citigroup, an estimated $405M sold.
Based on aggregated 13F filings for Q3 2014.