SBA Communications
SBAC
676 hedge funds and large institutions have $32.7B invested in SBA Communications in 2022 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 248 increasing their positions, 243 reducing their positions, and 61 closing their positions.
20% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 61
2% more repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 243
0% more funds holding
Funds holding: 674 → 676 (+2)
0% more funds holding in top 10
Funds holding in top 10: 16 → 16 (0)
0.19% less ownership
Funds ownership: 94.56% → 94.37% (-0.19%)
1% less call options, than puts
Call options by funds: $9.55M | Put options by funds: $9.65M
7% less capital invested
Capital invested by funds: $35.1B → $32.7B (-$2.39B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$264M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$210M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$179M |
| 4 |
Morgan Stanley
New York
|
+$154M |
| 5 |
JP Morgan Chase
New York
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$458M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$130M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$125M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$108M |
| 5 |
Man Group
London,
United Kingdom
|
-$86.2M |
SBAC Hedge Fund Activity: Q2 2022 in Review
676 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q2 2022, worth a combined $32.7B — down 6.8% from $35.1B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new SBAC positions and 61 closed out — a net gain of 12 holders — while 248 added to existing stakes and 243 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $264M. The largest seller was Cohen & Steers, cutting an estimated $458M.
- 676 institutional investors held SBA Communications (SBAC) as of Q2 2022, up from 674 in Q1 2022.
- Funds reported $32.7B of SBA Communications stock for Q2 2022, down 6.8% quarter-over-quarter.
- 73 funds opened new SBA Communications positions in Q2 2022 and 61 closed out, a net change of +12 holders.
- The largest SBA Communications buyer in Q2 2022 was Fidelity Investments, an estimated $264M added.
- The largest SBA Communications seller in Q2 2022 was Cohen & Steers, an estimated $458M sold.
Based on aggregated 13F filings for Q2 2022.