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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
Barclays
101
Barclays
United Kingdom
$32.1M +$7.73M +23,808 +27%
PAMS
102
Pictet Asset Management (Switzerland)
Switzerland
$32M +$1.76M +5,415 +5%
Adage Capital Partners
103
Adage Capital Partners
Massachusetts
$31.3M -$779K -2,400 -2%
Arrowstreet Capital
104
Arrowstreet Capital
Massachusetts
$31.1M -$117M -361,361 -77%
Retirement Systems of Alabama
105
Retirement Systems of Alabama
Alabama
$29.5M -$1.13M -3,486 -3%
RFC
106
Regions Financial Corp
Alabama
$29.3M +$80.8K +249 +0.2%
Citigroup
107
Citigroup
New York
$29M +$5.42M +16,706 +20%
RJA
108
Raymond James & Associates
Florida
$28.9M +$4.56M +14,062 +16%
Lazard Asset Management
109
Lazard Asset Management
New York
$28.6M -$32.8K -101 -0.1%
Two Sigma Advisers
110
Two Sigma Advisers
New York
$28.4M +$6.69M +20,600 +26%
DG
111
DigitalBridge Group
Florida
$28.2M +$32.1M +98,937 New
JCM
112
Junto Capital Management
New York
$27.6M +$31.5M +96,937 New
Aberdeen Group
113
Aberdeen Group
United Kingdom
$27.3M +$5.15M +15,876 +20%
Renaissance Technologies
114
Renaissance Technologies
New York
$27.1M +$30.8M +95,049 New
Macquarie Group
115
Macquarie Group
Australia
$26.2M -$1.13M -3,467 -4%
HSBC Holdings
116
HSBC Holdings
United Kingdom
$25.7M -$3.04M -9,374 -9%
Mackenzie Financial
117
Mackenzie Financial
Ontario, Canada
$24.1M +$265K +817 +1%
MAM
118
Magellan Asset Management
Australia
$23.6M +$646K +1,990 +2%
FAF
119
Första AP-fonden
Sweden
$23.4M +$9.31M +28,700 +54%
State of New Jersey Common Pension Fund D
120
State of New Jersey Common Pension Fund D
New Jersey
$22.6M -$217K -668 -0.8%
BIC
121
B&I Capital
Switzerland
$22.6M +$675K +2,080 +3%
Thrivent Financial for Lutherans
122
Thrivent Financial for Lutherans
Minnesota
$22M -$606K -1,868 -2%
SIC
123
Schwartz Investment Counsel
Michigan
$21.6M
SOADOR
124
State of Alaska Department of Revenue
Alaska
$21.4M +$218K +673 +0.9%
Two Sigma Investments
125
Two Sigma Investments
New York
$21.2M -$10.6M -32,718 -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.