SBA Communications Ownership | Who Owns SBA Communications?


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SBA Communications Ownership Summary


SBA Communications is owned by 25.02% institutional investors, 0.72% insiders, and 74.26% 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 7.34% of its assets in SBA Communications shares.

SBAC Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockSBA Communications25.02%0.72%74.26%
SectorReal Estate Stocks 42.56%9.05%48.39%
IndustrySpecialty REIT Stocks 53.72%3.97%42.31%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group17.90M16.65%$3.46B
Blackrock funding, inc. /de9.90M9.21%$1.92B
Dodge & cox9.67M8.95%$1.87B
Blackrock9.26M8.56%$1.82B
State street4.75M4.40%$918.97M
Jpmorgan chase4.52M4.21%$874.55M
Cohen & steers3.45M3.21%$667.15M
Geode capital management3.09M2.87%$594.65M
Diamond hill capital management2.03M1.89%$393.61M
Invesco1.81M1.67%$349.07M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Permit capital575.31K34.62%$111.28M
Rush island management, lp943.52K12.51%$182.43M
Rivulet capital361.00K8.19%$69.80M
Digitalbridge group477.81K7.05%$92.42M
Meketa investment group inc /adv5.45K3.56%$1.05M
Capital innovations63.76K3.51%$12.33B
Jackson square partners35.85K2.80%$6.93M
Skylands capital96.72K2.54%$18.71M
Sophron capital management36.57K2.18%$7.07M
Diamond hill capital management2.03M2.02%$393.61M

Top Buyers

HolderShares% AssetsChange
Norges bank1.57M0.03%1.57M
Dodge & cox9.67M1.01%1.06M
Canada pension plan investment board679.21K0.09%609.05K
Rush island management, lp943.52K12.51%582.86K
Ameriprise financial1.27M0.06%336.07K

Top Sellers

HolderShares% AssetsChange
Principal financial group159.56K0.02%-1.35M
Massachusetts financial services co /ma/---734.58K
Victory capital management902.29K0.10%-727.87K
Millennium management170.60K0.02%-652.87K
Akre capital management---500.00K

New Positions

HolderShares% AssetsChangeValue
Norges bank1.57M0.03%1.57M$302.77M
J. goldman & co lp321.61K1.56%321.61K$62.18M
Ilex capital partners (uk) llp132.62K0.82%132.62K$25.64M
Ofi invest asset management92.62K0.22%92.62K$15.30M
Sora investors85.72K1.53%85.72K$16.57M

Sold Out

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

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Dec 31, 2025254-63.35%26,897,928-73.66%250.28%129-58.79%77-73.17%
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%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Dodge & Cox Stock I7.76M7.34%1.59M
Vanguard Real Estate Index Investor4.01M3.79%12.00K
Vanguard Total Stock Mkt Idx Inv3.36M3.18%7.21K
Vanguard US Total Market Shares ETF3.40M3.16%2.51K
Vanguard Institutional 500 Index Trust3.06M2.85%21.31K
Vanguard 500 Index Investor2.71M2.57%17.17K
Vanguard Mid Cap Index Institutional2.31M2.18%-11.90K
Principal Aligned MidCap Equity1.89M1.76%-11.59K
Vanguard Growth Index Investor1.48M1.41%9.08K
Sycamore Mid Cap Value Comp1.41M1.31%1.37M

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
2026 Q1--
2025 Q4--
2025 Q3--
2025 Q2-3
2025 Q1-2

SBAC Ownership FAQ


Who Owns SBA Communications?

SBA Communications shareholders are primarily institutional investors at 25.02%, followed by 0.72% insiders and 74.26% retail investors. The average institutional ownership in SBA Communications's industry, Specialty REIT Stocks , is 53.72%, 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%), Blackrock funding, inc. /de (9.9M shares, 9.21%), and Dodge & cox (9.67M shares, 8.95%). Together, they hold 34.81% 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 34.62% of its assets in 575.31K SBA Communications shares, valued at 111.28M$.

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 7.34% of its total shares outstanding invested in 7.76M SBA Communications shares.

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