SBA Communications
SBAC
693 hedge funds and large institutions have $28.2B invested in SBA Communications in 2022 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 248 increasing their positions, 260 reducing their positions, and 46 closing their positions.
113% more call options, than puts
Call options by funds: $28.2M | Put options by funds: $13.2M
111% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 46
5% more funds holding
Funds holding: 658 → 693 (+35)
3% less capital invested
Capital invested by funds: $29.1B → $28.2B (-$905M)
5% less repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 260
1.43% less ownership
Funds ownership: 94.64% → 93.22% (-1.4%)
31% less funds holding in top 10
Funds holding in top 10: 16 → 11 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$244M |
| 2 |
Millennium Management
New York
|
+$166M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$127M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$94.8M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$174M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$144M |
| 3 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$111M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$79.5M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$71.8M |
SBAC Hedge Fund Activity: Q4 2022 in Review
693 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q4 2022, worth a combined $28.2B — down 3.1% from $29.1B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new SBAC positions and 46 closed out — a net gain of 51 holders — while 248 added to existing stakes and 260 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $244M. The largest seller was Citadel Advisors, cutting an estimated $174M.
- 693 institutional investors held SBA Communications (SBAC) as of Q4 2022, up from 658 in Q3 2022.
- Funds reported $28.2B of SBA Communications stock for Q4 2022, down 3.1% quarter-over-quarter.
- 97 funds opened new SBA Communications positions in Q4 2022 and 46 closed out, a net change of +51 holders.
- The largest SBA Communications buyer in Q4 2022 was JP Morgan Chase, an estimated $244M added.
- The largest SBA Communications seller in Q4 2022 was Citadel Advisors, an estimated $174M sold.
Based on aggregated 13F filings for Q4 2022.