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SBA Communications

606 hedge funds and large institutions have $28.6B invested in SBA Communications in 2020 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 201 increasing their positions, 224 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more funds holding in top 10

Funds holding in top 10: 1120 (+9)

40% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 73

14% more capital invested

Capital invested by funds: $25.2B → $28.6B (+$3.42B)

11% more call options, than puts

Call options by funds: $52.3M | Put options by funds: $47.1M

4% more funds holding

Funds holding: 584606 (+22)

1.72% more ownership

Funds ownership: 93.05%94.77% (+1.7%)

10% less repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 224

Holders
606
Holders Change
+22
Holders Change %
+3.77%
% of All Funds
13.35%
Holding in Top 10
20
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+81.82%
% of All Funds
0.44%
New
102
Increased
201
Reduced
224
Closed
73
Calls
$52.3M
Puts
$47.1M
Net Calls
+$5.21M
Net Calls Change
+$38.4M
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
201
Marsico Capital Management
Colorado
$5.36M -$1.67M -6,323 -24%
BRIM
202
Broad Run Investment Management
Virginia
$5.35M -$7.85M -29,746 -60%
Nomura Asset Management
203
Nomura Asset Management
Japan
$5.26M +$295K +1,119 +6%
BCM
204
Brasada Capital Management
Texas
$5.12M -$42.5K -161 -0.8%
MOACM
205
Mutual of America Capital Management
New York
$5.07M +$5.01K +19 +0.1%
AB
206
Amalgamated Bank
New York
$5.02M -$160K -607 -3%
Osaic Holdings
207
Osaic Holdings
Arizona
$4.94M +$4.83M +18,303 New
PNC Financial Services Group
208
PNC Financial Services Group
Pennsylvania
$4.64M +$225K +853 +5%
IECM
209
Intrinsic Edge Capital Management
Illinois
$4.59M +$4.49M +17,000 New
HF
210
HRT Financial
New York
$4.53M +$2.43M +9,198 +121%
Luther King Capital Management (LKCM)
211
Luther King Capital Management (LKCM)
Texas
$4.44M +$326K +1,235 +8%
ZDA
212
Zweig-DiMenna Associates
New York
$4.4M +$4.3M +16,299 New
DekaBank Deutsche Girozentrale
213
DekaBank Deutsche Girozentrale
Germany
$4.37M +$564K +2,138 +16%
MSA
214
Mason Street Advisors
Wisconsin
$4.34M
RJFSA
215
Raymond James Financial Services Advisors
Florida
$3.92M -$682K -2,586 -15%
WBC
216
Westpac Banking Corp
Australia
$3.87M +$1.56M +5,895 +70%
OAM
217
Oppenheimer Asset Management
New York
$3.65M +$224K +849 +7%
CB
218
Commerce Bank
Missouri
$3.64M -$528K -2,001 -13%
Ensign Peak Advisors
219
Ensign Peak Advisors
Utah
$3.57M -$13.9M -52,769 -80%
OPERF
220
Oregon Public Employees Retirement Fund
Oregon
$3.54M -$5.97M -22,611 -63%
Jane Street
221
Jane Street
New York
$3.53M +$3.45M +13,078 New
AII
222
AGF Investments Inc
Ontario, Canada
$3.52M +$3.44M +13,045 New
Robeco Institutional Asset Management
223
Robeco Institutional Asset Management
Netherlands
$3.41M -$5.13M -19,455 -61%
ZP
224
Zimmer Partners
New York
$3.38M -$62.7M -237,500 -95%
BCIM
225
British Columbia Investment Management
British Columbia, Canada
$3.33M -$6.42M -24,334 -66%

SBAC Hedge Fund Activity: Q1 2020 in Review

606 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q1 2020, worth a combined $28.6B — up 14% from $25.2B a quarter earlier.

Buyers outnumbered sellers: 102 funds opened new SBAC positions and 73 closed out — a net gain of 29 holders — while 201 added to existing stakes and 224 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $534M. The largest seller was Invesco, cutting an estimated $202M.

  • 606 institutional investors held SBA Communications (SBAC) as of Q1 2020, up from 584 in Q4 2019.
  • Funds reported $28.6B of SBA Communications stock for Q1 2020, up 14% quarter-over-quarter.
  • 102 funds opened new SBA Communications positions in Q1 2020 and 73 closed out, a net change of +29 holders.
  • The largest SBA Communications buyer in Q1 2020 was Capital Research Global Investors, an estimated $534M added.
  • The largest SBA Communications seller in Q1 2020 was Invesco, an estimated $202M sold.

Based on aggregated 13F filings for Q1 2020.