undamentalytics Newsletter

SBA Communications: which funds bought and sold

Institutions that bought and sold SBA Communications shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 339 institutions that filed 13F reports for both quarters added to or opened positions in SBA Communications, and 305 cut or closed them. Together they added a net 942K shares, +0.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 120K shares (+0.5%); index fund managers were net buyers of 461K shares (+1.2%). 84 opened a new position and 67 sold out entirely.

Bought, Q2 2026 339 institutions, 84 of them new holders Sold, Q2 2026 305 institutions, 67 of them sold out
Net change, all compared +942K shares (+0.9%)
Net change, active managers +120K shares (+0.5%), 32 bought, 41 sold

Buyers versus sellers

institutions compared, 737
Active managers and hedge funds 32 bought · 41 sold · +120K
Index fund managers 8 bought · 3 sold · +461K
Other institutions 299 bought · 261 sold · +361K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Deutsche Bank Ag\ +1.3M +278.2% 1.8M $320M
Principal Financial Group Inc +1.0M +722.7% 1.2M $203M
Alyeska Investment Group, L.P. Hedge fund +992K New position 992K $175M
Long Pond Capital, LP +899K New position 899K $159M
Citadel Advisors LLC Hedge fund +887K +218.9% 1.3M $228M
Millennium Management LLC Hedge fund +555K +382.5% 700K $123M
Nuveen, LLC +380K +162.0% 614K $108M
FMR LLC Active manager +327K +46.3% 1.0M $182M
AQR Capital Management LLC Hedge fund +259K +168.5% 413K $72.3M
Dodge & Cox Active manager +243K +2.0% 12.3M $2.2B
Mirae Asset Global Etfs Holdings Ltd. +241K +71.1% 579K $102M
Jain Global LLC Hedge fund +197K New position 197K $34.8M
Russell Investments Group, Ltd. +180K +63.1% 466K $82.2M
Grs Advisors, LLC +169K +85.0% 369K $65.1M
Morgan Stanley +160K +14.3% 1.3M $225M
State Street Corp Index funds +158K +3.2% 5.1M $903M
Charles Schwab Investment Management Inc Index funds +132K +8.4% 1.7M $302M
Quantinno Capital Management LP +123K +54.7% 348K $61.5M
Price T Rowe Associates Inc Active manager +119K +76.4% 275K $48.5M
Cohen & Steers, Inc. +114K +3.7% 3.2M $573M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Jpmorgan Chase & Co −1.2M −30.8% 2.7M $486M
Ameriprise Financial Inc −723K −71.6% 287K $50.7M
Diamond Hill Capital Management, LLC (Investment Advisor) Active manager −640K −33.1% 1.3M $228M
Rush Island Management, LP Hedge fund −522K −53.4% 456K $80.5M
Atlas Infrastructure Partners (UK) Ltd. −502K −48.5% 532K $94M
Two Sigma Investments, LP Hedge fund −455K −94.2% 28K $4.9M
Woodline Partners LP Hedge fund −393K −51.4% 372K $65.6M
Engineers Gate Manager LP Hedge fund −371K −98.6% 5,419 $956,237
Qube Research & Technologies Ltd Hedge fund −368K −66.0% 189K $33.3M
SG Americas Securities, LLC −323K −68.7% 147K $26M
Thrivent Financial For Lutherans −296K −90.0% 33K $5.8M
Digitalbridge Group, Inc. −263K −45.1% 320K $56.5M
Mitsubishi Ufj Trust & Banking Corp −254K −23.6% 821K $145M
Bank Of America Corp −210K −20.9% 796K $140M
Bristol John W & Co Inc −159K −41.1% 228K $40.3M
UBS Group AG −137K −15.5% 750K $132M
Acadian Asset Management LLC Active manager −128K −99.6% 553 $97,000
Schonfeld Strategic Advisors LLC Hedge fund −109K −92.7% 8,488 $1.5M
California Public Employees Retirement System −106K −43.3% 139K $24.5M
Empyrean Capital Partners, LP Hedge fund −102K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Alyeska Investment Group, L.P.Hedge fund 992K $175M
Long Pond Capital, LP 899K $159M
Jain Global LLCHedge fund 197K $34.8M
Benchstone Capital Management LP 114K $20.1M
HRT Financial LP 73K $12.9M
Steadfast Capital Management LPHedge fund 67K $11.8M
Capital Innovations LLC 64K $11.3M
Jane Street Group, LLC 60K $10.6M
Davis Selected AdvisersActive manager 41K $7.2M
Ieq Capital, LLC 33K $5.8M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Empyrean Capital Partners, LPHedge fund 102K $17.6M
LMR Partners LLPHedge fund 88K $15.2M
Land & Buildings Investment Management, LLCHedge fund 60K $10.3M
Entropy Technologies, LP 51K $8.8M
Tredje Ap-Fonden 46K $7.9M
T. Rowe Price Investment Management, Inc.Active manager 24K $4.1M
Motley Fool Wealth Management, LLC 23K $3.9M
AGF Management Ltd 18K $3M
Easterly Investment Partners LLC 16K $2.7M
Walleye Trading LLC 15K $2.6M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
678
Ten largest holders
54.5%
of 13F-reported shares
Index fund managers
36.9%
of 13F-reported shares
Active managers and hedge funds
22.9%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 32 41 10 9 +120K +0.5%
Index fund managers 8 3 0 0 +461K +1.2%
Other institutions 299 261 74 58 +361K +0.9%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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