SBA Communications
SBAC
650 hedge funds and large institutions have $31.7B invested in SBA Communications in 2020 Q2 according to their latest regulatory filings, with 94 funds opening new positions, 230 increasing their positions, 239 reducing their positions, and 45 closing their positions.
109% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 45
11% more capital invested
Capital invested by funds: $28.6B → $31.7B (+$3.14B)
7% more funds holding
Funds holding: 605 → 650 (+45)
10% more call options, than puts
Call options by funds: $57.1M | Put options by funds: $52M
0.9% more ownership
Funds ownership: 94.65% → 95.55% (+0.9%)
4% less repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 239
10% less funds holding in top 10
Funds holding in top 10: 20 → 18 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$364M |
| 2 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$212M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$187M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$144M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$240M |
| 2 |
BlackRock
New York
|
-$205M |
| 3 |
Renaissance Technologies
New York
|
-$200M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$180M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$171M |
SBAC Hedge Fund Activity: Q2 2020 in Review
650 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q2 2020, worth a combined $31.7B — up 11% from $28.6B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new SBAC positions and 45 closed out — a net gain of 49 holders — while 230 added to existing stakes and 239 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $364M. The largest seller was American Century Companies, cutting an estimated $240M.
- 650 institutional investors held SBA Communications (SBAC) as of Q2 2020, up from 605 in Q1 2020.
- Funds reported $31.7B of SBA Communications stock for Q2 2020, up 11% quarter-over-quarter.
- 94 funds opened new SBA Communications positions in Q2 2020 and 45 closed out, a net change of +49 holders.
- The largest SBA Communications buyer in Q2 2020 was Deutsche Bank, an estimated $364M added.
- The largest SBA Communications seller in Q2 2020 was American Century Companies, an estimated $240M sold.
Based on aggregated 13F filings for Q2 2020.