SBA Communications
SBAC
630 hedge funds and large institutions have $33B invested in SBA Communications in 2021 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 247 increasing their positions, 206 reducing their positions, and 47 closing their positions.
64% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 47
20% more repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 206
16% more capital invested
Capital invested by funds: $28.5B → $33B (+$4.47B)
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
4% more funds holding
Funds holding: 607 → 630 (+23)
0.67% more ownership
Funds ownership: 94.05% → 94.72% (+0.67%)
29% less call options, than puts
Call options by funds: $52.8M | Put options by funds: $74.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$332M |
| 2 |
Morgan Stanley
New York
|
+$125M |
| 3 |
BlackRock
New York
|
+$121M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$113M |
| 5 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
+$91.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$259M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$189M |
| 3 |
Two Sigma Advisers
New York
|
-$118M |
| 4 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
-$106M |
| 5 |
SGM
Skye Global Management
West Palm Beach,
Florida
|
-$106M |
SBAC Hedge Fund Activity: Q2 2021 in Review
630 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q2 2021, worth a combined $33B — up 16% from $28.5B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SBAC positions and 47 closed out — a net gain of 30 holders — while 247 added to existing stakes and 206 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $332M. The largest seller was Capital Research Global Investors, cutting an estimated $259M.
- 630 institutional investors held SBA Communications (SBAC) as of Q2 2021, up from 607 in Q1 2021.
- Funds reported $33B of SBA Communications stock for Q2 2021, up 16% quarter-over-quarter.
- 77 funds opened new SBA Communications positions in Q2 2021 and 47 closed out, a net change of +30 holders.
- The largest SBA Communications buyer in Q2 2021 was Deutsche Bank, an estimated $332M added.
- The largest SBA Communications seller in Q2 2021 was Capital Research Global Investors, an estimated $259M sold.
Based on aggregated 13F filings for Q2 2021.