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SBA Communications

658 hedge funds and large institutions have $29B invested in SBA Communications in 2022 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 232 increasing their positions, 258 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more call options, than puts

Call options by funds: $15.6M | Put options by funds: $7.88M

0.39% more ownership

Funds ownership: 94.37%94.76% (+0.39%)

0% more funds holding in top 10

Funds holding in top 10: 1616 (0)

3% less funds holding

Funds holding: 675658 (-17)

10% less repeat investments, than reductions

Existing positions increased: 232 | Existing positions reduced: 258

11% less capital invested

Capital invested by funds: $32.7B → $29B (-$3.63B)

15% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 67

Holders
658
Holders Change
-17
Holders Change %
-2.52%
% of All Funds
11.34%
Holding in Top 10
16
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
57
Increased
232
Reduced
258
Closed
67
Calls
$15.6M
Puts
$7.88M
Net Calls
+$7.69M
Net Calls Change
+$6.22M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$227M -$4.06M -12,509 -2%
UBS AM
27
UBS AM
Illinois
$219M -$38.7M -119,196 -13%
Citadel Advisors
28
Citadel Advisors
Florida
$210M +$212M +653,372 +774%
Parnassus Investments
29
Parnassus Investments
California
$200M
BAMCO Inc
30
BAMCO Inc
New York
$200M +$15.1M +46,568 +7%
N
31
Nuveen
North Carolina
$197M +$25.3M +77,904 +13%
Victory Capital Management
32
Victory Capital Management
Texas
$192M +$26.5M +81,527 +14%
PC
33
Permit Capital
Pennsylvania
$177M
Diamond Hill Capital Management
34
Diamond Hill Capital Management
Ohio
$168M -$4.37M -13,457 -2%
Neuberger Berman Group
35
Neuberger Berman Group
New York
$165M +$11.5M +35,353 +7%
Amundi
36
Amundi
France
$164M +$31.3M +96,405 +20%
EAM
37
Eagle Asset Management
Florida
$158M +$652K +2,008 +0.4%
California Public Employees Retirement System
38
California Public Employees Retirement System
California
$157M -$3.09M -9,518 -2%
MNG
39
Manning & Napier Group
New York
$155M -$6M -18,485 -3%
VOYA Investment Management
40
VOYA Investment Management
Georgia
$151M -$10.5M -32,230 -6%
Allspring Global Investments
41
Allspring Global Investments
North Carolina
$140M +$11M +33,776 +7%
Ameriprise
42
Ameriprise
Minnesota
$138M -$66.2M -203,986 -30%
Mitsubishi UFJ Trust & Banking
43
Mitsubishi UFJ Trust & Banking
Japan
$137M -$62M -191,198 -28%
Swiss National Bank
44
Swiss National Bank
Switzerland
$133M -$1.46M -4,500 -1%
CIM
45
Centersquare Investment Management
Pennsylvania
$121M +$79.2M +243,923 +136%
Man Group
46
Man Group
United Kingdom
$120M +$137M +421,992 New
Canada Pension Plan Investment Board
47
Canada Pension Plan Investment Board
Ontario, Canada
$118M +$11.6M +35,600 +9%
CI Investments Inc
48
CI Investments Inc
Ontario, Canada
$113M -$1.44M -4,441 -1%
APG Asset Management
49
APG Asset Management
Netherlands
$113M -$27.9M -86,111 -18%
CIBC Private Wealth Group
50
CIBC Private Wealth Group
Georgia
$96.5M +$25.8M +79,364 +31%

SBAC Hedge Fund Activity: Q3 2022 in Review

658 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2022, worth a combined $29B — down 11% from $32.7B a quarter earlier.

Sellers outnumbered buyers: 67 funds closed out of SBAC and 57 opened new positions — a net loss of 10 holders — while 258 trimmed existing stakes and 232 added.

The largest buyer was Citadel Advisors, adding an estimated $212M. The largest seller was Cohen & Steers, cutting an estimated $320M.

  • 658 institutional investors held SBA Communications (SBAC) as of Q3 2022, down from 675 in Q2 2022.
  • Funds reported $29B of SBA Communications stock for Q3 2022, down 11% quarter-over-quarter.
  • 57 funds opened new SBA Communications positions in Q3 2022 and 67 closed out, a net change of -10 holders.
  • The largest SBA Communications buyer in Q3 2022 was Citadel Advisors, an estimated $212M added.
  • The largest SBA Communications seller in Q3 2022 was Cohen & Steers, an estimated $320M sold.

Based on aggregated 13F filings for Q3 2022.