681 institutional investment managers reported SBAC positions in their Form 13F filings for Q2 2026, holding 104,961,771 shares worth $18.5B in total. Dodge & Cox reported the largest position.

Are funds buying or selling SBAC?

In Q2 2026, 85 managers opened new SBAC positions, 253 added, 236 trimmed and 68 sold out. Managers that filed in both quarters added a net 2,433,456 shares.

How current is this SBAC institutional ownership data?

It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Funds · SBAC

Who owns SBAC?

Institutional ownership of SBA Communications Corporation from Form 13F, Q2 2026

681 institutional managers reported holding SBA Communications Corporation (SBAC) in Form 13F filings for Q2 2026, with 104,961,771 shares worth $18.5B. The largest reported holder was Dodge & Cox. Managers that filed both quarters added a net 2,433,456 shares (+2.4%). 85 opened new positions and 68 sold out.

Funds holding: 681
Value held: $18.5B
New / sold out: 85 / 68
Net shares, same filers: +2.4%

Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Largest holders of SBAC

Fund	Value	Share of 13F holdings	Shares	Move
Dodge & Cox	$2.2B	11.7%	12,323,254	Added
BlackRock, Inc.	$1.8B	9.7%	10,138,749	Added
Vanguard Portfolio Management LLC	$1.7B	9.4%	9,817,059	Added
Vanguard Capital Management LLC	$1.2B	6.6%	6,936,972	Added
State Street Corp	$903M	4.9%	5,119,264	Added
Cohen & Steers, Inc.	$573M	3.1%	3,247,729	Added
Geode Capital Management, LLC	$558M	3.0%	3,175,913	Added
JPMorgan Chase & Co	$486M	2.6%	2,707,005	Trimmed
Invesco Ltd.	$341M	1.8%	1,934,968	Trimmed
Deutsche Bank Ag\	$320M	1.7%	1,812,200	Added
Charles Schwab Investment Management Inc	$302M	1.6%	1,710,278	Added
Dimensional Fund Advisors LP	$284M	1.5%	1,611,278	Unchanged
Arrowstreet Capital, Limited Partnership	$277M	1.5%	1,568,367	Trimmed
Norges Bank	$262M	1.4%	1,483,684	New
Legal & General Group Plc	$252M	1.4%	1,428,343	Trimmed
Diamond Hill Capital Management, LLC (Investment Advisor)	$228M	1.2%	1,294,155	Trimmed
Nordea Investment Management AB	$228M	1.2%	1,299,681	Added
Citadel Advisors LLC	$228M	1.2%	1,292,825	Added
Morgan Stanley	$225M	1.2%	1,276,825	Added
Principal Financial Group Inc	$203M	1.1%	1,152,311	Added
FMR LLC	$182M	1.0%	1,033,501	Added
Northern Trust Corp	$176M	0.9%	995,233	Added
Alyeska Investment Group, L.P.	$175M	0.9%	992,057	New
Canada Pension Plan Investment Board	$160M	0.9%	907,828	Unchanged
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$159M	0.9%	900,762	Trimmed

Share of 13F holdings is each fund's shares as a share of the 104,961,771 SBAC shares all 13F filers reported, not of shares outstanding.

Biggest buyers in Q2 2026

Norges Bank New+$262M
Deutsche Bank Ag\ Added+$235M
Principal Financial Group Inc Added+$179M
Alyeska Investment Group, L.P. New+$175M
Long Pond Capital, LP New+$159M
Citadel Advisors LLC Added+$157M
Millennium Management LLC Added+$97.9M
Nuveen, LLC Added+$67.0M
FMR LLC Added+$57.7M
AQR Capital Management LLC Added+$45.4M

Biggest sellers in Q2 2026

JPMorgan Chase & Co Trimmed-$216M
Ameriprise Financial Inc Trimmed-$128M
Diamond Hill Capital Management, LLC (Investment Advisor) Trimmed-$113M
Rush Island Management, LP Trimmed-$92.1M
ATLAS Infrastructure Partners (UK) Ltd. Trimmed-$88.6M
Two Sigma Investments, LP Trimmed-$80.2M
Woodline Partners LP Trimmed-$69.4M
Engineers Gate Manager LP Trimmed-$65.5M
Qube Research & Technologies Ltd Trimmed-$64.9M
SG Americas Securities, LLC Trimmed-$57.0M

The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $2.2B and sold $1.7B; 253 added and 236 trimmed.

Schedule 13D and 13G filings on SBAC

Owners of more than 5% must file within days, so these can be newer than the 13F data.

2026-11-13COHEN & STEERS, INC. SCHEDULE 13G filed by Cohen & Steers IncSchedule 13G
2025-04-29JPMORGAN CHASE & CO SCHEDULE 13G filed by SBA Communications CorporationSchedule 13G
2025-02-13DODGE & COX SCHEDULE 13G filed by SBA Communications CorporationSchedule 13G

Questions about SBAC ownership

Who owns SBAC stock?: 681 institutional investment managers reported SBAC positions in their Form 13F filings for Q2 2026, holding 104,961,771 shares worth $18.5B in total. Dodge & Cox reported the largest position.
Are funds buying or selling SBAC?: In Q2 2026, 85 managers opened new SBAC positions, 253 added, 236 trimmed and 68 sold out. Managers that filed in both quarters added a net 2,433,456 shares.
How current is this SBAC institutional ownership data?: It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to SBAC by CUSIP. Options are left out. SBAC news and filings · SBAC insider trades · Top funds