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SBA Communications

658 hedge funds and large institutions have $29B invested in SBA Communications in 2022 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 232 increasing their positions, 258 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more call options, than puts

Call options by funds: $15.6M | Put options by funds: $7.88M

0.39% more ownership

Funds ownership: 94.37%94.76% (+0.39%)

0% more funds holding in top 10

Funds holding in top 10: 1616 (0)

3% less funds holding

Funds holding: 675658 (-17)

10% less repeat investments, than reductions

Existing positions increased: 232 | Existing positions reduced: 258

11% less capital invested

Capital invested by funds: $32.7B → $29B (-$3.63B)

15% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 67

Holders
658
Holders Change
-17
Holders Change %
-2.52%
% of All Funds
11.34%
Holding in Top 10
16
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
57
Increased
232
Reduced
258
Closed
67
Calls
$15.6M
Puts
$7.88M
Net Calls
+$7.69M
Net Calls Change
+$6.22M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.96B +$8M +24,663 +0.1%
BlackRock
2
BlackRock
New York
$2.75B +$57.5M +177,089 +2%
State Street
3
State Street
Massachusetts
$1.41B -$15.5M -47,909 -1%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$967M +$132M +407,347 +14%
Deutsche Bank
5
Deutsche Bank
Germany
$886M +$26M +79,984 +3%
Principal Financial Group
6
Principal Financial Group
Iowa
$833M -$278K -858 -0%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$751M -$76.4M -235,323 -8%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$692M +$2.23M +6,882 +0.3%
Morgan Stanley
9
Morgan Stanley
New York
$615M +$26.3M +80,889 +4%
Capital Research Global Investors
10
Capital Research Global Investors
California
$594M +$516K +1,591 +0.1%
Invesco
11
Invesco
Georgia
$545M -$155M -478,974 -20%
Franklin Resources
12
Franklin Resources
California
$495M -$8.59M -26,480 -1%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$484M +$33.1M +102,118 +6%
Brown Advisory
14
Brown Advisory
Maryland
$455M -$28.1M -86,623 -5%
American Century Companies
15
American Century Companies
Missouri
$435M -$52.6M -161,960 -10%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$418M +$2.26M +6,952 +0.5%
JP Morgan Chase
17
JP Morgan Chase
New York
$374M +$94.1M +290,017 +28%
Legal & General Group
18
Legal & General Group
United Kingdom
$366M -$16.4M -50,590 -4%
Goldman Sachs
19
Goldman Sachs
New York
$345M +$86.7M +267,189 +28%
Northern Trust
20
Northern Trust
Illinois
$340M -$3.25M -10,017 -0.8%
Cohen & Steers
21
Cohen & Steers
New York
$312M -$320M -987,395 -47%
Charles Schwab
22
Charles Schwab
California
$301M +$2.53M +7,784 +0.7%
Norges Bank
23
Norges Bank
Norway
$284M +$47.8M +147,324 +17%
Bank of America
24
Bank of America
North Carolina
$279M -$27.1M -83,388 -8%
AllianceBernstein
25
AllianceBernstein
Tennessee
$233M +$1.11M +3,429 +0.4%

SBAC Hedge Fund Activity: Q3 2022 in Review

658 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q3 2022, worth a combined $29B — down 11% from $32.7B a quarter earlier.

Sellers outnumbered buyers: 67 funds closed out of SBAC and 57 opened new positions — a net loss of 10 holders — while 258 trimmed existing stakes and 232 added.

The largest buyer was Citadel Advisors, adding an estimated $212M. The largest seller was Cohen & Steers, cutting an estimated $320M.

  • 658 institutional investors held SBA Communications (SBAC) as of Q3 2022, down from 675 in Q2 2022.
  • Funds reported $29B of SBA Communications stock for Q3 2022, down 11% quarter-over-quarter.
  • 57 funds opened new SBA Communications positions in Q3 2022 and 67 closed out, a net change of -10 holders.
  • The largest SBA Communications buyer in Q3 2022 was Citadel Advisors, an estimated $212M added.
  • The largest SBA Communications seller in Q3 2022 was Cohen & Steers, an estimated $320M sold.

Based on aggregated 13F filings for Q3 2022.