SBA Communications
SBAC
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.
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: 16 → 16 (0)
3% less funds holding
Funds holding: 675 → 658 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$212M |
| 2 |
Man Group
London,
United Kingdom
|
+$137M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$132M |
| 4 |
JP Morgan Chase
New York
|
+$94.1M |
| 5 |
Goldman Sachs
New York
|
+$86.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$320M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$155M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$117M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$78.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$76.4M |
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.