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SBA Communications

408 hedge funds and large institutions have $12.6B invested in SBA Communications in 2015 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 162 increasing their positions, 146 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,156% more call options, than puts

Call options by funds: $94M | Put options by funds: $7.49M

74% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 27

11% more repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 146

10% more funds holding in top 10

Funds holding in top 10: 2022 (+2)

5% more funds holding

Funds holding: 390408 (+18)

9% less capital invested

Capital invested by funds: $14B → $12.6B (-$1.32B)

Holders
408
Holders Change
+18
Holders Change %
+4.62%
% of All Funds
11.39%
Holding in Top 10
22
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+10%
% of All Funds
0.61%
New
47
Increased
162
Reduced
146
Closed
27
Calls
$94M
Puts
$7.49M
Net Calls
+$86.5M
Net Calls Change
+$77.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$912M +$439K +3,767 +0%
Jennison Associates
2
Jennison Associates
New York
$515M -$12M -103,160 -2%
Winslow Capital Management
3
Winslow Capital Management
Minnesota
$426M -$17M -145,456 -3%
American Century Companies
4
American Century Companies
Missouri
$394M +$3.04M +26,048 +0.7%
TCM
5
TimesSquare Capital Management
New York
$373M +$4.25M +36,450 +1%
BIT
6
BlackRock Institutional Trust
California
$362M +$6.88M +59,076 +2%
Principal Financial Group
7
Principal Financial Group
Iowa
$318M +$59.6M +511,748 +20%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$297M +$51.6M +442,847 +19%
State Street
9
State Street
Massachusetts
$296M +$8.1M +69,498 +3%
LPC
10
Lone Pine Capital
Connecticut
$293M -$208M -1,782,586 -39%
BAMCO Inc
11
BAMCO Inc
New York
$283M -$10.7M -92,022 -3%
CIA
12
ClearBridge Investments (Australia)
Australia
$282M -$14.1M -121,348 -6%
Invesco
13
Invesco
Georgia
$274M +$3.36M +28,847 +1%
Citadel Advisors
14
Citadel Advisors
Florida
$244M +$102M +876,482 +60%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$232M +$79.6M +683,323 +45%
Wells Fargo
16
Wells Fargo
California
$222M -$43.3M -371,647 -15%
Franklin Resources
17
Franklin Resources
California
$222M -$2.22M -19,023 -0.9%
William Blair Investment Management
18
William Blair Investment Management
Illinois
$213M +$237M +2,029,529 New
EPCM
19
Eton Park Capital Management
New York
$212M +$90.5M +776,200 +62%
BFA
20
BlackRock Fund Advisors
California
$207M +$11.4M +97,893 +5%
Goldman Sachs
21
Goldman Sachs
New York
$196M -$21.1M -180,937 -9%
Millennium Management
22
Millennium Management
New York
$165M +$54.5M +467,894 +42%
Canada Pension Plan Investment Board
23
Canada Pension Plan Investment Board
Ontario, Canada
$160M -$42.5M -364,745 -19%
Bank of America
24
Bank of America
North Carolina
$158M +$116M +997,283 +194%
BC
25
Brookfield Corp
Ontario, Canada
$147M -$590K -5,060 -0.4%

SBAC Hedge Fund Activity: Q3 2015 in Review

408 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2015, worth a combined $12.6B — down 9.5% from $14B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new SBAC positions and 27 closed out — a net gain of 20 holders — while 162 added to existing stakes and 146 trimmed.

The largest buyer was Bank of America, adding an estimated $116M. The largest seller was William Blair & Company, cutting an estimated $241M.

  • 408 institutional investors held SBA Communications (SBAC) as of Q3 2015, up from 390 in Q2 2015.
  • Funds reported $12.6B of SBA Communications stock for Q3 2015, down 9.5% quarter-over-quarter.
  • 47 funds opened new SBA Communications positions in Q3 2015 and 27 closed out, a net change of +20 holders.
  • The largest SBA Communications buyer in Q3 2015 was Bank of America, an estimated $116M added.
  • The largest SBA Communications seller in Q3 2015 was William Blair & Company, an estimated $241M sold.

Based on aggregated 13F filings for Q3 2015.