SBA Communications
SBAC
414 hedge funds and large institutions have $13.4B invested in SBA Communications in 2016 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 138 increasing their positions, 143 reducing their positions, and 40 closing their positions.
266% more call options, than puts
Call options by funds: $110M | Put options by funds: $30.1M
35% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 40
3% more funds holding
Funds holding: 403 → 414 (+11)
4% more capital invested
Capital invested by funds: $12.9B → $13.4B (+$484M)
0% more funds holding in top 10
Funds holding in top 10: 21 → 21 (0)
3% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 143
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$212M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$140M |
| 3 |
State Street
Boston,
Massachusetts
|
+$68.8M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$57.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
-$163M |
| 2 |
SHCM
Sachem Head Capital Management
New York
|
-$156M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$94.9M |
| 4 |
GE
General Electric
Evendale,
Ohio
|
-$61.1M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$53M |
SBAC Hedge Fund Activity: Q3 2016 in Review
414 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2016, worth a combined $13.4B — up 3.8% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new SBAC positions and 40 closed out — a net gain of 14 holders — while 138 added to existing stakes and 143 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $212M. The largest seller was ClearBridge Investments (Australia), exiting entirely with an estimated $163M sold.
- 414 institutional investors held SBA Communications (SBAC) as of Q3 2016, up from 403 in Q2 2016.
- Funds reported $13.4B of SBA Communications stock for Q3 2016, up 3.8% quarter-over-quarter.
- 54 funds opened new SBA Communications positions in Q3 2016 and 40 closed out, a net change of +14 holders.
- The largest SBA Communications buyer in Q3 2016 was Citadel Advisors, an estimated $212M added.
- The largest SBA Communications seller in Q3 2016 was ClearBridge Investments (Australia), an estimated $163M sold.
Based on aggregated 13F filings for Q3 2016.