§ REAL ESTATE
USD · Real EstateSBAC
SBA COMMUNICATIONS CORP
USDSector · Real EstateMarket cap · $21.6BBeta · 0.86
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
OPEN 157.87HIGH 161.96LOW 156.6052W 162.41 — 245.16
EVENTSJUN 30 · EARNINGS −2.4%
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
352 increased/new, 248 decreased/exited (13F)
AC 13F Analysis
§ 04 · FUNDAMENTALS · THE BOOKS
| P/E | 20.5 | P/B | 32.31 |
| EPS (TTM) | 9.81 | Dividend | 2.99% |
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| Dodge & Cox | 12.1M | 1.1% | +1% |
| BlackRock, Inc. | 10.1M | 0.0% | +2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 9.7M | n/a | n/a |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.9M | n/a | n/a |
| State Street | 5.0M | 0.0% | +1% |
| JPMORGAN CHASE & CO | 3.9M | n/a | −13% |
◇ AC INTELLIGENCE
Top institutional owners for SBAC as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER45.3% · 496 holders
PASSIVE / INDEX18.1% · 14 holders
DEALER / BANK17.0% · 64 holders
DEEP VALUE11.4% · 1 holder
QUALITY / COMPOUNDER8.5% · 34 holders
INCOME / DEFENSIVE2.0% · 38 holders
SYSTEMATIC / QUANT2.0% · 11 holders
TACTICAL / MACRO0.7% · 6 holders
ACTIVIST0.0% · 1 holder
GROWTH / MOMENTUM0.0% · 1 holder
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for SBAC in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention SBAC yet.