SBA Communications Ownership | Who Owns SBA Communications?

Overview Forecast RevenueFinancials Chart Transcripts

SBA Communications Ownership Summary

SBA Communications is owned by 32.22% institutional investors, 0.77% insiders, and 67.01% retail investors. Vanguard group is the largest institutional shareholder, holding 16.65% of SBAC shares. Dodge & Cox Stock I is the top mutual fund, with 7.31% of its assets in SBA Communications shares.

SBAC Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	SBA Communications	32.22%	0.77%	67.01%
Sector	Real Estate Stocks	48.86%	9.88%	41.26%
Industry	Specialty REIT Stocks	52.08%	3.97%	43.95%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Vanguard group	17.90M	16.65%	$3.46B
Dodge & cox	12.08M	11.36%	$2.08B
Blackrock funding, inc. /de	10.12M	9.52%	$1.74B
Blackrock	9.26M	8.56%	$1.82B
State street	4.96M	4.67%	$853.93M
Jpmorgan chase	3.91M	3.68%	$664.55M
Geode capital management	3.15M	2.96%	$540.21M
Cohen & steers	3.13M	2.95%	$539.26M
Invesco	1.96M	1.85%	$338.02M
Diamond hill capital management	1.93M	1.82%	$332.94M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Permit capital	575.31K	33.63%	$99.02M
Rush island management, lp	978.39K	11.30%	$168.39M
Rivulet capital	361.00K	8.19%	$69.80M
Digitalbridge group	583.24K	6.33%	$100.38M
Atlas infrastructure partners (uk)	1.03M	6.27%	$178.03M
Meketa investment group inc /adv	5.45K	3.56%	$1.05M
Grs advisors	199.43K	3.39%	$34.32M
Jackson square partners	35.85K	2.80%	$6.93M
Sophron capital management	51.09K	2.59%	$8.79M
Skylands capital	113.75K	2.57%	$19.58M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	1.57M	0.03%	1.57M
Atlas infrastructure partners (uk)	1.03M	6.27%	1.03M
Ubs asset management americas	926.35K	0.03%	924.87K
Woodline partners lp	765.49K	0.50%	763.52K
Vanguard fiduciary trust	599.38K	0.03%	599.38K

Top Sellers

Holder	Shares	% Assets	Change
Deutsche bank ag\	479.21K	0.03%	-1.11M
Massachusetts financial services co /ma/	-	-	-734.58K
Millennium management	145.01K	0.01%	-666.54K
Jpmorgan chase	3.91M	0.04%	-608.21K
Akre capital management	-	-	-500.00K

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	1.57M	0.03%	1.57M	$302.77M
Atlas infrastructure partners (uk)	1.03M	6.27%	1.03M	$178.03M
Vanguard fiduciary trust	599.38K	0.03%	599.38K	$103.16M
Qube research	556.44K	0.11%	556.44K	$95.77M
J. goldman & co lp	321.61K	1.56%	321.61K	$62.18M

Sold Out

Holder	Change
Palisade asset management	-1.00
Colonial trust advisors	-1.00
Cape investment advisory	-1.00
Westend advisors	-1.00
Key financial	-1.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Mar 31, 2026	367	-46.66%	34,256,811	-66.77%	32	0.35%	161	-52.37%	143	-43.92%
Dec 31, 2025	254	-63.35%	26,897,928	-73.66%	25	0.28%	129	-58.79%	77	-73.17%
Sep 30, 2025	321	-54.47%	37,028,772	-63.93%	34	0.38%	136	-64.58%	138	-38.94%
Jun 30, 2025	703	0.57%	105,922,116	1.11%	98	1.04%	387	6.03%	225	-8.91%
Mar 31, 2025	692	3.59%	104,675,796	-1.09%	97	1.00%	362	4.93%	243	0.41%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Dodge & Cox Stock I	7.76M	7.31%	-
Vanguard Real Estate Index Investor	3.95M	3.73%	-12.96K
Vanguard Total Stock Mkt Idx Inv	3.40M	3.20%	17.81K
Vanguard US Total Market Shares ETF	3.40M	3.16%	2.51K
Vanguard Institutional 500 Index Trust	3.06M	2.85%	21.31K
Vanguard 500 Index Investor	2.76M	2.60%	50.30K
Vanguard Mid Cap Index Institutional	2.31M	2.18%	5.15K
Principal Aligned MidCap Equity	1.89M	1.76%	-11.59K
Vanguard Growth Index Investor	1.41M	1.33%	7.27K
Sycamore Mid Cap Value Comp	1.41M	1.31%	1.37M

Recent Insider Transactions

Date	Name	Role	Activity	Value
May 01, 2025	LANGER JACK	-	Sell	$328.20K
May 01, 2025	LANGER JACK	-	Sell	$34.14K
May 01, 2025	LANGER JACK	-	Sell	$840.60K
Mar 07, 2025	KOENIG JOSHUA	EXECUTIVE VP/GENERAL COUNSEL	Sell	$495.21K
Feb 28, 2025	Chan Mary S	-	Sell	$307.70K

Insider Transactions Trends

Date	Buy	Sell
2026 Q2	-	-
2026 Q1	-	-
2025 Q4	-	-
2025 Q3	-	-
2025 Q2	-	3

SBAC Ownership FAQ

Who Owns SBA Communications?

SBA Communications shareholders are primarily institutional investors at 32.22%, followed by 0.77% insiders and 67.01% retail investors. The average institutional ownership in SBA Communications's industry, Specialty REIT Stocks , is 52.08%, which SBA Communications falls below.

Who owns the most shares of SBA Communications?

SBA Communications’s largest shareholders are Vanguard group (17.9M shares, 16.65%), Dodge & cox (12.08M shares, 11.36%), and Blackrock funding, inc. /de (10.12M shares, 9.52%). Together, they hold 37.53% of SBA Communications’s total shares outstanding.

Does Blackrock own SBA Communications?

Yes, BlackRock owns 8.56% of SBA Communications, totaling 9.26M shares as of Jun 2024. This represents 0.04% of BlackRock's total assets, with a market value of 1.82B$. In the last quarter, BlackRock increased its holdings by 40.19K shares, a 0.44% change.

Who is SBA Communications’s biggest shareholder by percentage of total assets invested?

Permit capital is SBA Communications’s biggest shareholder by percentage of total assets invested, with 33.63% of its assets in 575.31K SBA Communications shares, valued at 99.02M$.

Who is the top mutual fund holder of SBA Communications shares?

Dodge & Cox Stock I is the top mutual fund holder of SBA Communications shares, with 7.31% of its total shares outstanding invested in 7.76M SBA Communications shares.

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