SBA Communications
SBAC
696 hedge funds and large institutions have $40B invested in SBA Communications in 2021 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 234 increasing their positions, 242 reducing their positions, and 50 closing their positions.
134% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 50
33% more call options, than puts
Call options by funds: $69.3M | Put options by funds: $52.1M
17% more capital invested
Capital invested by funds: $34.1B → $40B (+$5.9B)
9% more funds holding
Funds holding: 639 → 696 (+57)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
0.39% more ownership
Funds ownership: 94.38% → 94.78% (+0.39%)
3% less repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 242
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$174M |
| 2 |
ZP
Zimmer Partners
New York
|
+$130M |
| 3 |
BlackRock
New York
|
+$124M |
| 4 |
Holocene Advisors
New York
|
+$118M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$171M |
| 2 |
Cohen & Steers
New York
|
-$158M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$140M |
| 4 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
-$134M |
| 5 |
Millennium Management
New York
|
-$102M |
SBAC Hedge Fund Activity: Q4 2021 in Review
696 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q4 2021, worth a combined $40B — up 17% from $34.1B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new SBAC positions and 50 closed out — a net gain of 67 holders — while 234 added to existing stakes and 242 trimmed.
The largest buyer was Invesco, adding an estimated $174M. The largest seller was Centersquare Investment Management, cutting an estimated $171M.
- 696 institutional investors held SBA Communications (SBAC) as of Q4 2021, up from 639 in Q3 2021.
- Funds reported $40B of SBA Communications stock for Q4 2021, up 17% quarter-over-quarter.
- 117 funds opened new SBA Communications positions in Q4 2021 and 50 closed out, a net change of +67 holders.
- The largest SBA Communications buyer in Q4 2021 was Invesco, an estimated $174M added.
- The largest SBA Communications seller in Q4 2021 was Centersquare Investment Management, an estimated $171M sold.
Based on aggregated 13F filings for Q4 2021.