SBA Communications
SBAC
399 hedge funds and large institutions have $14.2B invested in SBA Communications in 2014 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 142 increasing their positions, 144 reducing their positions, and 31 closing their positions.
204% more call options, than puts
Call options by funds: $43.6M | Put options by funds: $14.3M
100% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 31
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
7% more funds holding
Funds holding: 374 → 399 (+25)
1% less capital invested
Capital invested by funds: $14.2B → $14.2B (-$90.1M)
1% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 144
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$165M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$118M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$93.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$76.2M |
| 5 |
Barclays
London,
United Kingdom
|
+$63.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$231M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$214M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$155M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$98.8M |
| 5 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$94.5M |
SBAC Hedge Fund Activity: Q4 2014 in Review
399 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q4 2014, worth a combined $14.2B — down 0.63% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new SBAC positions and 31 closed out — a net gain of 31 holders — while 142 added to existing stakes and 144 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $165M. The largest seller was Viking Global Investors, exiting entirely with an estimated $231M sold.
- 399 institutional investors held SBA Communications (SBAC) as of Q4 2014, up from 374 in Q3 2014.
- Funds reported $14.2B of SBA Communications stock for Q4 2014, down 0.63% quarter-over-quarter.
- 62 funds opened new SBA Communications positions in Q4 2014 and 31 closed out, a net change of +31 holders.
- The largest SBA Communications buyer in Q4 2014 was Victory Capital Management, an estimated $165M added.
- The largest SBA Communications seller in Q4 2014 was Viking Global Investors, an estimated $231M sold.
Based on aggregated 13F filings for Q4 2014.