SBA Communications Ownership | Who Owns SBA Communications?


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SBA Communications Ownership Summary


SBA Communications is owned by 34.27% institutional investors, 0.72% insiders, and 65.01% retail investors. Vanguard group is the largest institutional shareholder, holding 16.81% of SBAC shares. Dodge & Cox Stock I is the top mutual fund, with 5.02% of its assets in SBA Communications shares.

SBAC Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockSBA Communications34.27%0.72%65.01%
SectorReal Estate Stocks 49.33%9.10%41.57%
IndustrySpecialty REIT Stocks 67.27%3.51%29.22%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group18.16M16.81%$3.51B
Blackrock funding, inc. /de10.01M9.27%$1.94B
Dodge & cox9.67M8.95%$1.87B
Blackrock9.26M8.56%$1.82B
Jpmorgan chase4.96M4.59%$958.56M
State street4.75M4.40%$918.97M
Cohen & steers3.78M3.50%$731.16M
Geode capital management3.07M2.84%$591.20M
Deutsche bank ag\1.93M1.79%$373.44M
Diamond hill capital management1.86M1.72%$358.73M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Permit capital577.92K35.02%$111.74M
Rush island management, lp943.52K12.51%$182.43M
Rivulet capital361.00K8.19%$69.80M
Digitalbridge group291.55K6.74%$68.47M
Crescent park management60.70K4.71%$11.74B
Meketa investment group inc /adv5.45K3.46%$1.05M
Jackson square partners35.85K2.80%$6.93M
Skylands capital84.13K2.25%$16.27M
Sophron capital management36.57K2.18%$7.07M
Napean trading & investment co (singapore) pte48.65K1.83%$9.41M

Top Buyers

HolderShares% AssetsChange
Norges bank1.32M0.04%1.32M
Dodge & cox9.67M1.01%1.06M
Canada pension plan investment board679.21K0.09%609.05K
Rush island management, lp943.52K12.51%582.86K
Nordea investment management ab1.18M0.20%465.56K

Top Sellers

HolderShares% AssetsChange
Barrow hanley mewhinney & strauss848.000.00%-1.38M
Cohen & steers3.78M1.32%-1.26M
Ubs asset management americas3.74K0.00%-1.19M
Massachusetts financial services co /ma/---734.58K
Victory capital management902.29K0.10%-727.87K

New Positions

HolderShares% AssetsChangeValue
Norges bank1.32M0.04%1.32M$268.29M
J. goldman & co lp321.61K1.56%321.61K$62.18M
Ilex capital partners (uk) llp132.62K0.82%132.62K$25.64M
Sora investors85.72K1.53%85.72K$16.57M
Point72 asset management84.69K0.03%84.69K$16.37M

Sold Out

HolderChange
Key financial-1.00
Westend advisors-1.00
Cape investment advisory-1.00
Colonial trust advisors-1.00
Old second national bank of aurora-1.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Sep 30, 2025321-54.47%37,028,772-63.93%340.38%136-64.58%138-38.94%
Jun 30, 20257030.57%105,922,1161.11%981.04%3876.03%225-8.91%
Mar 31, 20256923.59%104,675,796-1.09%971.00%3624.93%2430.41%
Dec 31, 2024602-11.86%100,079,842-2.20%931.03%312-8.77%221-10.89%
Sep 30, 20246784.47%102,176,6471.06%951.09%34110.00%246-6.11%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Dodge & Cox Stock I5.40M5.02%82.40K
Vanguard Real Estate Index Investor4.01M3.74%4.55K
Vanguard US Total Market Shares ETF3.40M3.16%2.51K
Vanguard Total Stock Mkt Idx Inv3.38M3.15%-72.02K
Vanguard Institutional 500 Index Trust3.06M2.85%21.31K
Vanguard 500 Index Investor2.66M2.48%-389.81K
Vanguard Mid Cap Index Institutional2.40M2.23%25.80K
Principal Aligned MidCap Equity1.89M1.76%-11.59K
Sycamore Mid Cap Value Comp1.41M1.31%1.37M
Fidelity 500 Index1.36M1.27%584.00

Recent Insider Transactions


DateNameRoleActivityValue
May 01, 2025LANGER JACK-Sell$328.20K
May 01, 2025LANGER JACK-Sell$34.14K
May 01, 2025LANGER JACK-Sell$840.60K
Mar 07, 2025KOENIG JOSHUA EXECUTIVE VP/GENERAL COUNSELSell$495.21K
Feb 28, 2025Chan Mary S-Sell$307.70K

Insider Transactions Trends


DateBuySell
2025 Q3--
2025 Q2-3
2025 Q1-2
2024 Q4-2
2024 Q3-4

SBAC Ownership FAQ


Who Owns SBA Communications?

SBA Communications shareholders are primarily institutional investors at 34.27%, followed by 0.72% insiders and 65.01% retail investors. The average institutional ownership in SBA Communications's industry, Specialty REIT Stocks , is 67.27%, which SBA Communications falls below.

Who owns the most shares of SBA Communications?

SBA Communications’s largest shareholders are Vanguard group (18.16M shares, 16.81%), Blackrock funding, inc. /de (10.01M shares, 9.27%), and Dodge & cox (9.67M shares, 8.95%). Together, they hold 35.03% 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 35.02% of its assets in 577.92K SBA Communications shares, valued at 111.74M$.

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 5.02% of its total shares outstanding invested in 5.4M SBA Communications shares.

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