SBA Communications
SBAC
668 hedge funds and large institutions have $17.6B invested in SBA Communications in 2026 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 218 increasing their positions, 265 reducing their positions, and 103 closing their positions.
359% more call options, than puts
Call options by funds: $105M | Put options by funds: $22.9M
0.06% more ownership
Funds ownership: 96.82% → 96.89% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
8% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 103
2% less funds holding
Funds holding: 684 → 668 (-16)
12% less capital invested
Capital invested by funds: $19.9B → $17.6B (-$2.32B)
18% less repeat investments, than reductions
Existing positions increased: 218 | Existing positions reduced: 265
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Atlas Infrastructure Partners
London,
United Kingdom
|
+$194M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$173M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$143M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$104M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$97.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$208M |
| 2 |
Millennium Management
New York
|
-$125M |
| 3 |
JP Morgan Chase
New York
|
-$114M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$61.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$59.6M |
SBAC Hedge Fund Activity: Q1 2026 in Review
668 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in SBA Communications (SBAC) for Q1 2026, worth a combined $17.6B — down 12% from $19.9B a quarter earlier.
Sellers outnumbered buyers: 103 funds closed out of SBAC and 95 opened new positions — a net loss of 8 holders — while 265 trimmed existing stakes and 218 added.
The largest buyer was Atlas Infrastructure Partners, opening a new position worth an estimated $194M. The largest seller was Deutsche Bank, cutting an estimated $208M.
- 668 institutional investors held SBA Communications (SBAC) as of Q1 2026, down from 684 in Q4 2025.
- Funds reported $17.6B of SBA Communications stock for Q1 2026, down 12% quarter-over-quarter.
- 95 funds opened new SBA Communications positions in Q1 2026 and 103 closed out, a net change of -8 holders.
- The largest SBA Communications buyer in Q1 2026 was Atlas Infrastructure Partners, an estimated $194M added.
- The largest SBA Communications seller in Q1 2026 was Deutsche Bank, an estimated $208M sold.
Based on aggregated 13F filings for Q1 2026.