We are live on ! Find out more
SBAC icon

SBA Communications
SBAC

516 hedge funds and large institutions have $17.7B invested in SBA Communications in 2017 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 170 increasing their positions, 182 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

166% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 38

13% more funds holding

Funds holding: 458 → 516 (+58)

9% more capital invested

Capital invested by funds: $16.2B → $17.7B (+$1.46B)

0% more funds holding in top 10

Funds holding in top 10: 23 → 23 (0)

7% less repeat investments, than reductions

Existing positions increased: 170 | Existing positions reduced: 182

1.25% less ownership

Funds ownership: 93.52% → 92.27% (-1.2%)

14% less call options, than puts

Call options by funds: $41.5M | Put options by funds: $48.5M

Holders
516
Holders Change
+58
Holders Change %
+12.66%
% of All Funds
11.7%
Holding in Top 10
23
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.52%
New
101
Increased
170
Reduced
182
Closed
38
Calls
$41.5M
Puts
$48.5M
Net Calls
-$7.01M
Net Calls Change
+$4.88M

Top Buyers

Rank Fund Capital Flow
1
BC
Brookfield Corp
Ontario, Canada
+$150M
2
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
+$137M
3
Renaissance Technologies
Renaissance Technologies
New York
+$118M
4
Janus Henderson Group
Janus Henderson Group
United Kingdom
+$108M
5
Norges Bank
Norges Bank
Norway
+$87.5M

Top Sellers

Rank Fund Capital Flow
1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$317M
2
William Blair Investment Management
William Blair Investment Management
Illinois
-$258M
3
SCP
Soroban Capital Partners
New York
-$134M
4
MG
Meritage Group
California
-$115M
5
SIG
Senator Investment Group
New York
-$90M
Name Holding Trade Value Shares
Change 		Change in
Stake
SQA
526
Simon Quick Advisors
New Jersey
– -$12.3M -85,451 Closed
HCM
527
Highbridge Capital Management
New York
– -$10.2M -71,000 Closed
SCM
528
Stevens Capital Management
Pennsylvania
– -$5.98M -41,496 Closed
YCMGA
529
York Capital Management Global Advisors
New York
– -$5.42M -37,662 Closed
FHAM
530
Folger Hill Asset Management
New York
– -$4.32M -30,000 Closed
Credit Agricole
531
Credit Agricole
France
– -$3.77M -26,190 Closed
UM
532
Ulysses Management
New York
– -$2.88M -20,000 Closed
PI
533
PGGM Investments
Netherlands
– -$2.45M -17,023 Closed
OCM
534
Oribel Capital Management
New York
– -$2.08M -14,400 Closed
Jacobs Levy Equity Management
535
Jacobs Levy Equity Management
New Jersey
– -$1.93M -13,410 Closed
N
536
Natixis
France
– -$1.81M -12,592 Closed
CC
537
Cipher Capital
New York
– -$973K -6,756 Closed
HPCM
538
High Pointe Capital Management
Illinois
– -$712K -4,940 Closed
EP
539
Edgestream Partners
New Jersey
– -$627K -4,352 Closed
TH
540
Timber Hill
Connecticut
– -$418K -2,904 Closed
HCMT
541
Highland Capital Management (Tennessee)
Tennessee
– -$413K -2,864 Closed
SSA
542
Schonfeld Strategic Advisors
New York
– -$386K -2,681 Closed
TSS
543
Two Sigma Securities
New York
– -$385K -2,423 Closed
GCA
544
Gideon Capital Advisors
New York
– -$286K -1,982 Closed
Simplex Trading
545
Simplex Trading
Illinois
– -$309K -1,946 Closed
ZIM
546
Zacks Investment Management
Illinois
– -$250K -1,739 Closed
TI
547
Telemetry Investments
New York
– -$241K -1,675 Closed
CI
548
Capital Innovations
Wisconsin
– -$217 -1,509 Closed
ID
549
Integral Derivatives
New York
– -$238K -1,500 Closed
EMFAT
550
Emerald Mutual Fund Advisers Trust
Pennsylvania
– -$203K -1,412 Closed
19 20 21
22
23

SBAC Hedge Fund Activity: Q4 2017 in Review

516 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q4 2017, worth a combined $17.7B — up 9% from $16.2B a quarter earlier.

Buyers outnumbered sellers: 101 funds opened new SBAC positions and 38 closed out — a net gain of 63 holders — while 170 added to existing stakes and 182 trimmed.

The largest buyer was Brookfield Corp, opening a new position worth an estimated $150M. The largest seller was T. Rowe Price Associates, cutting an estimated $317M.

  • 516 institutional investors held SBA Communications (SBAC) as of Q4 2017, up from 458 in Q3 2017.
  • Funds reported $17.7B of SBA Communications stock for Q4 2017, up 9% quarter-over-quarter.
  • 101 funds opened new SBA Communications positions in Q4 2017 and 38 closed out, a net change of +63 holders.
  • The largest SBA Communications buyer in Q4 2017 was Brookfield Corp, an estimated $150M added.
  • The largest SBA Communications seller in Q4 2017 was T. Rowe Price Associates, an estimated $317M sold.

Based on aggregated 13F filings for Q4 2017.