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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
Stifel Financial
151
Stifel Financial
Missouri
$13.6M +$677K +2,087 +5%
TAM
152
Trillium Asset Management
Massachusetts
$13.6M -$58.4K -180 -0.4%
Robeco Institutional Asset Management
153
Robeco Institutional Asset Management
Netherlands
$13.3M +$2.43M +7,485 +19%
MCM
154
Moore Capital Management
New York
$13.2M +$6.58M +20,278 +78%
AACA
155
American Assets Capital Advisers
California
$13.1M +$5.52K +17 +0%
CWM
156
CIBC World Markets
New York
$13M -$2.57M -7,929 -15%
Asset Management One
157
Asset Management One
Japan
$13M -$236K -728 -2%
Teacher Retirement System of Texas
158
Teacher Retirement System of Texas
Texas
$13M -$4.76M -14,675 -24%
SCM
159
Snowhook Capital Management
New York
$12.9M +$14.7M +45,450 New
ADEF
160
Adams Diversified Equity Fund
Maryland
$12.9M +$2.53M +7,800 +21%
RGREA
161
Ranger Global Real Estate Advisors
Colorado
$12.6M +$4.24M +13,065 +42%
BNP Paribas Asset Management
162
BNP Paribas Asset Management
France
$12.5M +$9.93M +30,589 +228%
Jacobs Levy Equity Management
163
Jacobs Levy Equity Management
New Jersey
$11.7M -$78.6M -242,211 -86%
Lord, Abbett & Co
164
Lord, Abbett & Co
New Jersey
$11.3M -$23.1M -71,165 -64%
HighTower Advisors
165
HighTower Advisors
Illinois
$11.2M -$224K -691 -2%
Osaic Holdings
166
Osaic Holdings
Arizona
$11M -$247K -761 -2%
Royal London Asset Management
167
Royal London Asset Management
United Kingdom
$10.9M -$29.2K -90 -0.2%
IAIM
168
Industrial Alliance Investment Management
Quebec, Canada
$10.7M +$1.28M +3,930 +12%
William Blair Investment Management
169
William Blair Investment Management
Illinois
$10.6M +$3.2M +9,872 +36%
UOC
170
UBS O'Connor
Illinois
$10.6M +$5.76M +17,742 +91%
CSS
171
Cubist Systematic Strategies
Connecticut
$10.6M +$9.81M +30,220 +433%
Fifth Third Bancorp
172
Fifth Third Bancorp
Ohio
$10.2M +$81.8K +252 +0.7%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
173
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$9.7M -$23.1M -71,032 -68%
AQR Capital Management
174
AQR Capital Management
Connecticut
$9.57M -$4.87M -15,022 -31%
TC
175
Tenere Capital
New York
$9.56M

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.