SBA Communications
SBAC
639 hedge funds and large institutions have $34.1B invested in SBA Communications in 2021 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 224 increasing their positions, 232 reducing their positions, and 43 closing their positions.
42% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 43
2% more funds holding
Funds holding: 629 → 639 (+10)
3% more capital invested
Capital invested by funds: $33B → $34.1B (+$1.14B)
0.35% less ownership
Funds ownership: 94.73% → 94.38% (-0.35%)
3% less repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 232
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
25% less call options, than puts
Call options by funds: $42.8M | Put options by funds: $57.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$348M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$128M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$111M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$80.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$77.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$338M |
| 2 |
D.E. Shaw & Co
New York
|
-$117M |
| 3 |
Citigroup
New York
|
-$108M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$95.6M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$81.6M |
SBAC Hedge Fund Activity: Q3 2021 in Review
639 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2021, worth a combined $34.1B — up 3.5% from $33B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new SBAC positions and 43 closed out — a net gain of 18 holders — while 224 added to existing stakes and 232 trimmed.
The largest buyer was UBS AM, adding an estimated $348M. The largest seller was Cohen & Steers, cutting an estimated $338M.
- 639 institutional investors held SBA Communications (SBAC) as of Q3 2021, up from 629 in Q2 2021.
- Funds reported $34.1B of SBA Communications stock for Q3 2021, up 3.5% quarter-over-quarter.
- 61 funds opened new SBA Communications positions in Q3 2021 and 43 closed out, a net change of +18 holders.
- The largest SBA Communications buyer in Q3 2021 was UBS AM, an estimated $348M added.
- The largest SBA Communications seller in Q3 2021 was Cohen & Steers, an estimated $338M sold.
Based on aggregated 13F filings for Q3 2021.