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Sba Communications Corp

SBAC
Exchange
Nasdaq
Industry
Real Estate Investment Trusts
SEC CIK
0001034054

In the last 90 days, Sba Communications Corp insiders filed 0 open-market purchases and 1 sale; 683 institutions reported holding it in 13F filings for Q2 2026, worth $18.5B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Sba Communications Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
684
+20 vs. Q3 2025
Shares held
103.2M
+1.23M (+1.2%) vs. Q3 2025
Total value
$19.9B
+$250.1M (+1.3%) vs. Q3 2025
New holders
103
238 more added
Sold out
83
255 more reduced

17 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SBAC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 684 institutions
Q1 2021: 608 institutionsQ2 2021: 632 institutionsQ3 2021: 644 institutionsQ4 2021: 698 institutionsQ1 2022: 674 institutionsQ2 2022: 677 institutionsQ3 2022: 660 institutionsQ4 2022: 695 institutionsQ1 2023: 691 institutionsQ2 2023: 671 institutionsQ3 2023: 636 institutionsQ4 2023: 704 institutionsQ1 2024: 670 institutionsQ2 2024: 642 institutionsQ3 2024: 684 institutionsQ4 2024: 665 institutionsQ1 2025: 691 institutionsQ2 2025: 708 institutionsQ3 2025: 681 institutionsQ4 2025: 684 institutionsQ1 2026: 668 institutionsQ2 2026: 683 institutions
Value heldQ4 2025: $19.9B
Q1 2021: $28.5BQ2 2021: $33.0BQ3 2021: $34.2BQ4 2021: $40.1BQ1 2022: $35.1BQ2 2022: $32.7BQ3 2022: $29.1BQ4 2022: $28.6BQ1 2023: $26.6BQ2 2023: $23.5BQ3 2023: $20.7BQ4 2023: $26.7BQ1 2024: $22.2BQ2 2024: $19.8BQ3 2024: $24.9BQ4 2024: $21.6BQ1 2025: $23.4BQ2 2025: $24.9BQ3 2025: $19.7BQ4 2025: $19.9BQ1 2026: $17.6BQ2 2026: $18.5B
Institutions holding SBAC and their total value by quarter
QuarterHoldersValue
Q2 2026683$18.5B
Q1 2026668$17.6B
Q4 2025684$19.9B
Q3 2025681$19.7B
Q2 2025708$24.9B
Q1 2025691$23.4B
Q4 2024665$21.6B
Q3 2024684$24.9B
Q2 2024642$19.8B
Q1 2024670$22.2B
Q4 2023704$26.7B
Q3 2023636$20.7B
Q2 2023671$23.5B
Q1 2023691$26.6B
Q4 2022695$28.6B
Q3 2022660$29.1B
Q2 2022677$32.7B
Q1 2022674$35.1B
Q4 2021698$40.1B
Q3 2021644$34.2B
Q2 2021632$33.0B
Q1 2021608$28.5B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Sba Communications Corp; share changes are against Q3 2025.

Institutions holding SBAC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc17,902,769$3.46B0.05%−260,767−1.4%Reduced
Dodge & Cox11,996,134$2.32B1.25%+2,328,837+24.1%Added
BlackRock, Inc.9,900,903$1.92B0.03%−108,650−1.1%Reduced
State Street Corp4,911,615$950.1M0.03%+158,738+3.3%Added
JPMorgan Chase & Co4,521,258$874.5M0.06%−436,336−8.8%Reduced
Cohen & Steers, Inc.3,448,807$667.1M1.21%−332,268−8.8%Reduced
Geode Capital Management, LLC3,085,112$594.7M0.04%+16,153+0.5%Added
Diamond Hill Capital Management Inc2,034,920$393.6M2.02%+179,591+9.7%Added
Invesco Ltd.1,815,032$351.1M0.03%+9,656+0.5%Added
Deutsche Bank AG1,590,129$307.6M0.10%−341,279−17.7%Reduced
Dimensional Fund Advisors LP1,566,165$302.9M0.06%+1,375+0.1%Added
Norges Bank1,565,288$302.8M0.03%+1,565,288New
Charles Schwab Investment Management Inc1,525,439$295.1M0.05%+74,596+5.1%Added
Legal & General Group Plc1,499,036$290.0M0.06%+76,440+5.4%Added
Morgan Stanley1,377,798$266.5M0.02%+23,844+1.8%Added
Ameriprise Financial Inc1,265,343$244.8M0.06%−2,008−0.2%Reduced
Nordea Investment Management AB1,245,399$241.2M0.21%+63,323+5.4%Added
Goldman Sachs Group Inc1,239,949$239.8M0.03%+215,983+21.1%Added
Northwood Liquid Management LP1,177,595$227.8M14.23%+234,072+24.8%Added
Arrowstreet Capital, Limited Partnership1,092,612$211.3M0.12%+785,850+256.2%Added
Northern Trust Corp1,013,927$196.1M0.03%−39,578−3.8%Reduced
Canada Pension Plan Investment Board872,649$168.8M0.11%+193,437+28.5%Added
Mitsubishi UFJ Trust & Banking Corp828,733$160.4M0.38%−8,223−1.0%Reduced
Amundi823,503$159.3M0.04%+135,331+19.7%Added
Millennium Management LLC811,543$157.0M0.11%+513,002+171.8%Added
Earnest Partners LLC789,238$152.7M0.65%−17,497−2.2%Reduced
FMR LLC745,069$144.1M0.01%−270,954−26.7%Reduced
Bank of America Corp709,639$137.3M0.01%−70,493−9.0%Reduced
UBS Group AG673,127$130.2M0.03%+73,180+12.2%Added
SEI Investments Co627,519$121.4M0.12%+25,795+4.3%Added
Permit Capital, LLC575,312$111.3M34.62%−2,610−0.5%Reduced
Bank of New York Mellon Corp573,027$110.8M0.02%−103,723−15.3%Reduced
Nuveen, LLC560,811$108.5M0.03%+36,393+6.9%Added
Colony Capital, Inc.477,812$92.4M7.13%+77,692+19.4%Added
Russell Investments Group, Ltd.398,154$77.0M0.08%+103,397+35.1%Added
Citadel Advisors LLC390,003$75.4M0.05%+280,017+254.6%Added
Clearbridge Investments, LLC384,521$74.4M0.06%+88,438+29.9%Added
Thrivent Financial for Lutherans372,135$72.0M0.13%−39,505−9.6%Reduced
AQR Capital Management LLC362,995$70.2M0.04%−10,177−2.7%Reduced
Reaves W H & Co Inc362,464$70.1M1.23%−44,380−10.9%Reduced
Quantinno Capital Management LP341,010$66.0M0.13%+148,693+77.3%Added
Ci Investments Inc.332,647$64.3M0.28%+38,223+13.0%Added
Balyasny Asset Management LLC319,468$61.8M0.12%−119,714−27.3%Reduced
Bristol John W & Co Inc315,768$61.1M0.94%−84,973−21.2%Reduced
Engineers Gate Manager LP302,883$58.6M0.69%−58,315−16.1%Reduced
Swiss National Bank294,200$56.9M0.03%−15,600−5.0%Reduced
Barclays PLC291,545$56.4M0.02%+29,488+11.3%Added
Price T Rowe Associates Inc291,016$56.3M0.01%−95,144−24.6%Reduced
Two Sigma Investments, LP283,097$54.8M0.08%+283,097New
Neuberger Berman Group LLC278,336$53.8M0.04%−17,439−5.9%Reduced
California Public Employees Retirement System275,579$53.3M0.03%−54,780−16.6%Reduced
GEM Realty Capital264,256$51.1M4.59%+253,421+2,338.9%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys253,342$49.0M0.25%−1,003−0.4%Reduced
Lazard Asset Management LLC248,476$48.1M0.08%+53,372+27.4%Added
Rhumbline Advisers239,165$46.3M0.04%−7,394−3.0%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.226,271$43.6M0.03%+13,383+6.3%Added
Sumitomo Mitsui Trust Holdings, Inc.215,187$41.6M0.02%−10,006−4.4%Reduced
Standard Life Aberdeen plc202,452$39.2M0.06%+22,293+12.4%Added
BNP Paribas Arbitrage, SA196,879$38.1M0.02%+32,865+20.0%Added
Capital International Investors196,714$38.1M0.01%+165+0.1%Added
Boothbay Fund Management, LLC181,781$35.2M0.92%+52,726+40.9%Added
HSBC Holdings PLC179,229$34.7M0.02%+16,265+10.0%Added
California State Teachers Retirement System175,570$34.0M0.03%+1,595+0.9%Added
SG Americas Securities, LLC173,680$33.6M0.04%+171,644+8,430.5%Added
Schwartz Investment Counsel Inc164,000$31.7M1.11%−45,000−21.5%Reduced
Principal Financial Group Inc159,555$30.9M0.02%−1,353,613−89.5%Reduced
Caisse de Depot Et Placement du Quebec156,145$30.2M0.05%−34,557−18.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.154,381$29.9M0.04%+47,214+44.1%Added
Alliancebernstein L.P.152,491$29.5M0.01%+14,352+10.4%Added
UniSuper Management Pty Ltd151,248$29.3M0.18%−1,077−0.7%Reduced
Great West Life Assurance Co150,629$29.1M0.05%−8,127−5.1%Reduced
Healthcare of Ontario Pension Plan Trust Fund144,212$27.9M0.05%+139,961+3,292.4%Added
Envestnet Asset Management Inc139,028$26.9M0.01%−44,253−24.1%Reduced
Natixis Advisors, L.P.132,112$25.6M0.04%+34,167+34.9%Added
Royal Bank of Canada131,080$25.4M0.00%−67,325−33.9%Reduced
Partners Group Holding AG123,947$24.0M1.62%−855−0.7%Reduced
Federated Hermes, Inc.122,637$23.7M0.04%+796+0.7%Added
Point72 Asset Management, L.P.118,166$22.9M0.04%+33,478+39.5%Added
Wells Fargo & Company117,115$22.7M0.00%−30,103−20.4%Reduced
Bank of Montreal109,010$21.1M0.01%−35,673−24.7%Reduced
Maryland State Retirement & Pension System105,784$20.5M0.42%+844+0.8%Added
Connor, Clark & Lunn Investment Management Ltd.103,466$20.0M0.05%+62,428+152.1%Added
Korea Investment CORP102,303$19.8M0.04%+7,555+8.0%Added
Aviva PLC100,882$19.5M0.03%+4,416+4.6%Added
Skylands Capital, LLC96,715$18.7M2.54%+12,585+15.0%Added
Centersquare Investment Management LLC96,447$18.7M0.18%−57,618−37.4%Reduced
Pacer Advisors, Inc.95,511$18.5M0.05%−12,785−11.8%Reduced
New York State Teachers Retirement System94,966$18.4M0.04%−1,087−1.1%Reduced
State Board of Administration of Florida Retirement System94,416$18.3M0.03%−4,466−4.5%Reduced
Magellan Asset Management Ltd94,029$18.2M0.22%+5,904+6.7%Added
Manufacturers Life Insurance Company, The91,852$17.8M0.01%−2,368−2.5%Reduced
Toronto Dominion Bank89,327$17.3M0.03%+2,434+2.8%Added
Swedbank AB87,242$16.9M0.02%−820−0.9%Reduced
Retirement Systems of Alabama82,209$15.9M0.05%−1,858−2.2%Reduced
Citigroup Inc80,843$15.6M0.01%−122,333−60.2%Reduced
Ofi Invest Asset Management92,619$15.3M0.22%+92,619New
Lido Advisors, LLC77,836$15.1M0.06%+10,459+15.5%Added
Raymond James Financial Inc77,461$15.0M0.00%−5,895−7.1%Reduced
Moran Wealth Management, LLC76,286$14.8M0.45%+46,677+157.6%Added
Franklin Resources Inc74,667$14.4M0.00%−27,006−26.6%Reduced