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SBA Communications

408 hedge funds and large institutions have $12.6B invested in SBA Communications in 2015 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 162 increasing their positions, 146 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,156% more call options, than puts

Call options by funds: $94M | Put options by funds: $7.49M

74% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 27

11% more repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 146

10% more funds holding in top 10

Funds holding in top 10: 2022 (+2)

5% more funds holding

Funds holding: 390408 (+18)

9% less capital invested

Capital invested by funds: $14B → $12.6B (-$1.32B)

Holders
408
Holders Change
+18
Holders Change %
+4.62%
% of All Funds
11.39%
Holding in Top 10
22
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+10%
% of All Funds
0.61%
New
47
Increased
162
Reduced
146
Closed
27
Calls
$94M
Puts
$7.49M
Net Calls
+$86.5M
Net Calls Change
+$77.4M
Name Holding Trade Value Shares
Change
Change in
Stake
NCA
51
Newbrook Capital Advisors
New York
$59M +$14.2M +121,834 +28%
JP Morgan Chase
52
JP Morgan Chase
New York
$57.2M -$112M -961,851 -64%
PCM
53
Palestra Capital Management
New York
$56.1M +$13.3M +114,000 +27%
New York State Common Retirement Fund
54
New York State Common Retirement Fund
New York
$53.2M +$26.4M +226,275 +80%
Bank of New York Mellon
55
Bank of New York Mellon
New York
$51.3M -$1.39M -11,938 -2%
RFS
56
Rockefeller Financial Services
New York
$50.9M +$56.6M +485,692 New
FAM
57
Foxhaven Asset Management
Virginia
$50.6M +$9.25M +79,332 +20%
PC
58
PointState Capital
New York
$50.4M +$28.6M +245,500 +104%
GE
59
General Electric
Ohio
$50M +$4.33M +37,181 +8%
CCM
60
Conatus Capital Management
Connecticut
$47.9M -$2.92M -25,086 -5%
WEC
61
White Elm Capital
Connecticut
$46.1M +$3.73M +32,000 +8%
Swiss National Bank
62
Swiss National Bank
Switzerland
$44.5M +$2.68M +23,000 +6%
CBOA
63
Commonwealth Bank of Australia
Australia
$41.7M +$11.2M +96,105 +32%
BA
64
BlackRock Advisors
Delaware
$40.1M +$14M +119,801 +46%
Sumitomo Mitsui Trust Group
65
Sumitomo Mitsui Trust Group
Japan
$39.5M +$1.74M +14,970 +4%
Two Sigma Investments
66
Two Sigma Investments
New York
$39.1M +$8.48M +72,746 +24%
JHIU
67
Janus Henderson Investors US
Colorado
$38.3M -$34M -291,410 -44%
GBCP
68
Glade Brook Capital Partners
Connecticut
$37.6M -$7.61M -65,336 -15%
SFM
69
Systematic Financial Management
New Jersey
$37.4M -$2.18M -18,738 -5%
Mitsubishi UFJ Trust & Banking
70
Mitsubishi UFJ Trust & Banking
Japan
$35.2M -$339K -2,911 -0.9%
SO
71
STRS Ohio
Ohio
$34.6M +$2.47M +21,231 +7%
California Public Employees Retirement System
72
California Public Employees Retirement System
California
$33.8M -$629K -5,400 -2%
William Blair & Company
73
William Blair & Company
Illinois
$32.4M -$241M -2,069,678 -87%
KI
74
Kalmar Investments
Delaware
$31.5M -$582K -4,995 -2%
CS
75
Credit Suisse
Switzerland
$30.4M -$5.63M -48,353 -14%

SBAC Hedge Fund Activity: Q3 2015 in Review

408 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2015, worth a combined $12.6B — down 9.5% from $14B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new SBAC positions and 27 closed out — a net gain of 20 holders — while 162 added to existing stakes and 146 trimmed.

The largest buyer was Bank of America, adding an estimated $116M. The largest seller was William Blair & Company, cutting an estimated $241M.

  • 408 institutional investors held SBA Communications (SBAC) as of Q3 2015, up from 390 in Q2 2015.
  • Funds reported $12.6B of SBA Communications stock for Q3 2015, down 9.5% quarter-over-quarter.
  • 47 funds opened new SBA Communications positions in Q3 2015 and 27 closed out, a net change of +20 holders.
  • The largest SBA Communications buyer in Q3 2015 was Bank of America, an estimated $116M added.
  • The largest SBA Communications seller in Q3 2015 was William Blair & Company, an estimated $241M sold.

Based on aggregated 13F filings for Q3 2015.