SBA Communications
SBAC
495 hedge funds and large institutions have $18.1B invested in SBA Communications in 2018 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 161 increasing their positions, 207 reducing their positions, and 71 closing their positions.
1.46% more ownership
Funds ownership: 94% → 95.46% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 17 → 17 (0)
3% less capital invested
Capital invested by funds: $18.7B → $18.1B (-$556M)
6% less funds holding
Funds holding: 526 → 495 (-31)
22% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 207
30% less call options, than puts
Call options by funds: $107M | Put options by funds: $153M
39% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$496M |
| 2 |
BlackRock
New York
|
+$253M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$111M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$71.9M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$69.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$173M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$142M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$104M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$80.7M |
| 5 |
RC
Rivulet Capital
Summit,
New Jersey
|
-$68.4M |
SBAC Hedge Fund Activity: Q2 2018 in Review
495 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q2 2018, worth a combined $18.1B — down 3% from $18.7B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of SBAC and 43 opened new positions — a net loss of 28 holders — while 207 trimmed existing stakes and 161 added.
The largest buyer was Vanguard Group, adding an estimated $496M. The largest seller was Goldman Sachs, cutting an estimated $173M.
- 495 institutional investors held SBA Communications (SBAC) as of Q2 2018, down from 526 in Q1 2018.
- Funds reported $18.1B of SBA Communications stock for Q2 2018, down 3% quarter-over-quarter.
- 43 funds opened new SBA Communications positions in Q2 2018 and 71 closed out, a net change of -28 holders.
- The largest SBA Communications buyer in Q2 2018 was Vanguard Group, an estimated $496M added.
- The largest SBA Communications seller in Q2 2018 was Goldman Sachs, an estimated $173M sold.
Based on aggregated 13F filings for Q2 2018.