SBA Communications
SBAC
458 hedge funds and large institutions have $16.2B invested in SBA Communications in 2017 Q3 according to their latest regulatory filings, with 89 funds opening new positions, 160 increasing their positions, 142 reducing their positions, and 42 closing their positions.
112% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 42
13% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 142
11% more funds holding
Funds holding: 414 → 458 (+44)
7% more capital invested
Capital invested by funds: $15.1B → $16.2B (+$1.12B)
5% more funds holding in top 10
Funds holding in top 10: 22 → 23 (+1)
1.29% more ownership
Funds ownership: 92.23% → 93.52% (+1.3%)
27% less call options, than puts
Call options by funds: $31.9M | Put options by funds: $43.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$333M |
| 2 |
State Street
Boston,
Massachusetts
|
+$325M |
| 3 |
BlackRock
New York
|
+$158M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
+$91.5M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$252M |
| 2 |
SA
SPO Advisory
San Anselmo,
California
|
-$231M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$161M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$132M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$121M |
SBAC Hedge Fund Activity: Q3 2017 in Review
458 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2017, worth a combined $16.2B — up 7.4% from $15.1B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new SBAC positions and 42 closed out — a net gain of 47 holders — while 160 added to existing stakes and 142 trimmed.
The largest buyer was Vanguard Group, adding an estimated $333M. The largest seller was Senator Investment Group, cutting an estimated $252M.
- 458 institutional investors held SBA Communications (SBAC) as of Q3 2017, up from 414 in Q2 2017.
- Funds reported $16.2B of SBA Communications stock for Q3 2017, up 7.4% quarter-over-quarter.
- 89 funds opened new SBA Communications positions in Q3 2017 and 42 closed out, a net change of +47 holders.
- The largest SBA Communications buyer in Q3 2017 was Vanguard Group, an estimated $333M added.
- The largest SBA Communications seller in Q3 2017 was Senator Investment Group, an estimated $252M sold.
Based on aggregated 13F filings for Q3 2017.