SBA Communications
SBAC
676 hedge funds and large institutions have $18.5B invested in SBA Communications in 2026 Q2 according to their latest regulatory filings, with 89 funds opening new positions, 257 increasing their positions, 238 reducing their positions, and 67 closing their positions.
171% more call options, than puts
Call options by funds: $137M | Put options by funds: $50.6M
33% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 67
1.92% more ownership
Funds ownership: 96.89% → 98.8% (+1.9%)
1% more funds holding
Funds holding: 667 → 676 (+9)
8% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 238
5% more capital invested
Capital invested by funds: $17.6B → $18.5B (+$869M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$275M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$209M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$205M |
| 4 |
LPC
Long Pond Capital
New York
|
+$185M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$183M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$249M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$149M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$132M |
| 4 |
RIM
Rush Island Management
New York
|
-$108M |
| 5 |
AIP
Atlas Infrastructure Partners
London,
United Kingdom
|
-$103M |
SBAC Hedge Fund Activity: Q2 2026 in Review
676 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q2 2026, worth a combined $18.5B — up 4.9% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new SBAC positions and 67 closed out — a net gain of 22 holders — while 257 added to existing stakes and 238 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $275M. The largest seller was JP Morgan Chase, cutting an estimated $249M.
- 676 institutional investors held SBA Communications (SBAC) as of Q2 2026, up from 667 in Q1 2026.
- Funds reported $18.5B of SBA Communications stock for Q2 2026, up 4.9% quarter-over-quarter.
- 89 funds opened new SBA Communications positions in Q2 2026 and 67 closed out, a net change of +22 holders.
- The largest SBA Communications buyer in Q2 2026 was Deutsche Bank, an estimated $275M added.
- The largest SBA Communications seller in Q2 2026 was JP Morgan Chase, an estimated $249M sold.
Based on aggregated 13F filings for Q2 2026.