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SBA Communications

377 hedge funds and large institutions have $14B invested in SBA Communications in 2014 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 135 increasing their positions, 158 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

296% more call options, than puts

Call options by funds: $40.6M | Put options by funds: $10.2M

13% more capital invested

Capital invested by funds: $12.4B → $14B (+$1.6B)

6% more funds holding in top 10

Funds holding in top 10: 1617 (+1)

6% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 34

1% more funds holding

Funds holding: 375377 (+2)

15% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 158

Holders
377
Holders Change
+2
Holders Change %
+0.53%
% of All Funds
10.84%
Holding in Top 10
17
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.25%
% of All Funds
0.49%
New
36
Increased
135
Reduced
158
Closed
34
Calls
$40.6M
Puts
$10.2M
Net Calls
+$30.3M
Net Calls Change
-$29.8M
Name Holding Trade Value Shares
Change
Change in
Stake
LPC
1
Lone Pine Capital
Connecticut
$890M -$23.3M -243,106 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$768M +$17.3M +180,270 +2%
Jennison Associates
3
Jennison Associates
New York
$650M -$1.92M -20,011 -0.3%
Winslow Capital Management
4
Winslow Capital Management
Minnesota
$524M +$27.8M +289,368 +6%
Wells Fargo
5
Wells Fargo
California
$500M +$61.3M +638,568 +15%
TCM
6
TimesSquare Capital Management
New York
$421M -$10.1M -105,000 -2%
Citigroup
7
Citigroup
New York
$386M +$359M +3,742,030 +11,658%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$361M -$203M -2,116,983 -38%
BAMCO Inc
9
BAMCO Inc
New York
$354M -$29.2M -304,175 -8%
BIT
10
BlackRock Institutional Trust
California
$329M +$844K +8,794 +0.3%
Invesco
11
Invesco
Georgia
$302M -$5.6M -58,362 -2%
CWAM
12
Columbia Wanger Asset Management
Illinois
$297M -$119M -1,237,900 -30%
Goldman Sachs
13
Goldman Sachs
New York
$295M -$211M -2,201,566 -43%
State Street
14
State Street
Massachusetts
$271M +$2.92M +30,456 +1%
William Blair & Company
15
William Blair & Company
Illinois
$256M -$24.5M -254,975 -9%
American Century Companies
16
American Century Companies
Missouri
$243M -$7.88M -82,047 -3%
Deutsche Bank
17
Deutsche Bank
Germany
$242M +$175M +1,825,112 +340%
Capital Research Global Investors
18
Capital Research Global Investors
California
$240M +$63M +656,000 +39%
Franklin Resources
19
Franklin Resources
California
$236M -$43.7M -455,586 -16%
Ameriprise
20
Ameriprise
Minnesota
$202M -$25.1M -261,126 -12%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$201M -$103M -1,068,263 -35%
BC
22
Brookfield Corp
Ontario, Canada
$177M +$10.2M +106,375 +7%
MCM
23
Munder Capital Management
Michigan
$160M -$554K -5,768 -0.4%
BFA
24
BlackRock Fund Advisors
California
$152M +$7.34M +76,439 +5%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$146M +$51.8M +539,340 +61%

SBAC Hedge Fund Activity: Q2 2014 in Review

377 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q2 2014, worth a combined $14B — up 13% from $12.4B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new SBAC positions and 34 closed out — a net gain of 2 holders — while 135 added to existing stakes and 158 trimmed.

The largest buyer was Citigroup, adding an estimated $359M. The largest seller was Goldman Sachs, cutting an estimated $211M.

  • 377 institutional investors held SBA Communications (SBAC) as of Q2 2014, up from 375 in Q1 2014.
  • Funds reported $14B of SBA Communications stock for Q2 2014, up 13% quarter-over-quarter.
  • 36 funds opened new SBA Communications positions in Q2 2014 and 34 closed out, a net change of +2 holders.
  • The largest SBA Communications buyer in Q2 2014 was Citigroup, an estimated $359M added.
  • The largest SBA Communications seller in Q2 2014 was Goldman Sachs, an estimated $211M sold.

Based on aggregated 13F filings for Q2 2014.