We are live on ! Find out more
SBAC icon

SBA Communications
SBAC

414 hedge funds and large institutions have $15.1B invested in SBA Communications in 2017 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 141 increasing their positions, 147 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 36

28% more call options, than puts

Call options by funds: $55.9M | Put options by funds: $43.8M

9% more capital invested

Capital invested by funds: $13.9B → $15.1B (+$1.21B)

7% more funds holding

Funds holding: 386 → 414 (+28)

4% less repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 147

3.11% less ownership

Funds ownership: 95.35% → 92.23% (-3.1%)

12% less funds holding in top 10

Funds holding in top 10: 25 → 22 (-3)

Holders
414
Holders Change
+28
Holders Change %
+7.25%
% of All Funds
10.32%
Holding in Top 10
22
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-12%
% of All Funds
0.55%
New
65
Increased
141
Reduced
147
Closed
36
Calls
$55.9M
Puts
$43.8M
Net Calls
+$12.1M
Net Calls Change
+$24.2M

Top Buyers

Rank Fund Capital Flow
1
IAM
Iridian Asset Management
Connecticut
+$161M
2
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$149M
3
PC
PointState Capital
New York
+$144M
4
Victory Capital Management
Victory Capital Management
Texas
+$89.3M
5
American Century Companies
American Century Companies
Missouri
+$84.8M

Top Sellers

Rank Fund Capital Flow
1
SCP
Soroban Capital Partners
New York
-$175M
2
Citadel Advisors
Citadel Advisors
Florida
-$148M
3
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$145M
4
BlackRock
BlackRock
New York
-$130M
5
SIG
Senator Investment Group
New York
-$127M
Name Holding Trade Value Shares
Change 		Change in
Stake
QIM
426
Quantitative Investment Management
Virginia
– -$3.92M -32,600 Closed
AC
427
Ascend Capital
California
– -$3.4M -28,198 Closed
Hudson Bay Capital Management
428
Hudson Bay Capital Management
Connecticut
– -$3.27M -27,190 Closed
Bank of Nova Scotia
429
Bank of Nova Scotia
Ontario, Canada
– -$1.8M -14,944 Closed
AIMCA
430
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
– -$1.71M -14,200 Closed
MC
431
Menta Capital
California
– -$1.61M -13,360 Closed
Verition Fund Management
432
Verition Fund Management
Connecticut
– -$1.53M -12,711 Closed
PG
433
PEAK6 Group
Illinois
– -$1.4M -10,767 Closed
WMSA
434
Weiss Multi-Strategy Advisers
New York
– -$1.08M -9,000 Closed
SCM
435
Shelton Capital Management
Colorado
– -$1.03M -8,522 Closed
MF
436
Magnetar Financial
Illinois
– -$832K -6,915 Closed
CC
437
Cipher Capital
New York
– -$817K -6,785 Closed
CA
438
Commerzbank Aktiengesellschaft
Germany
– -$806K -6,692 Closed
SICM
439
Sustainable Insight Capital Management
New York
– -$794K -6,600 Closed
CCM
440
CrestPoint Capital Management
Missouri
– -$554K -4,600 Closed
Assenagon Asset Management
441
Assenagon Asset Management
Luxembourg
– -$512K -4,254 Closed
Federated Hermes
442
Federated Hermes
Pennsylvania
– -$460K -3,820 Closed
FRM
443
Fox Run Management
Connecticut
– -$349K -2,900 Closed
MCM
444
MAI Capital Management
Ohio
– -$259K -2,153 Closed
OI
445
Oakbrook Investments
Illinois
– -$241K -2,000 Closed
LCM
446
Laurion Capital Management
New York
– -$205K -1,700 Closed
VanEck Associates
447
VanEck Associates
New York
– -$146K -1,217 Closed
AIM
448
Acrospire Investment Management
Illinois
– -$60K -500 Closed
SSB
449
Sandy Spring Bank
Maryland
– -$22K -182 Closed
FMA
450
FNY Managed Accounts
New York
– -$15K -130 Closed
15 16 17
18
19

SBAC Hedge Fund Activity: Q2 2017 in Review

414 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q2 2017, worth a combined $15.1B — up 8.7% from $13.9B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new SBAC positions and 36 closed out — a net gain of 29 holders — while 141 added to existing stakes and 147 trimmed.

The largest buyer was Iridian Asset Management, adding an estimated $161M. The largest seller was Soroban Capital Partners, cutting an estimated $175M.

  • 414 institutional investors held SBA Communications (SBAC) as of Q2 2017, up from 386 in Q1 2017.
  • Funds reported $15.1B of SBA Communications stock for Q2 2017, up 8.7% quarter-over-quarter.
  • 65 funds opened new SBA Communications positions in Q2 2017 and 36 closed out, a net change of +29 holders.
  • The largest SBA Communications buyer in Q2 2017 was Iridian Asset Management, an estimated $161M added.
  • The largest SBA Communications seller in Q2 2017 was Soroban Capital Partners, an estimated $175M sold.

Based on aggregated 13F filings for Q2 2017.