SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionBnp Paribas Arbitrage, Sa
Latest Disclosed Ownership262,865 shares
Latest Disclosed Value $ 45,241,695
Bnp Paribas Arbitrage, Sa reports 33.52% increase in ownership of SBAC / SBA Communications Corporation

On May 12, 2026 - Bnp Paribas Arbitrage, Sa filed a 13F-HR form disclosing ownership of 262,865 shares of SBA Communications Corporation (MX:SBAC) valued at $45,241,695 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 10, 2026 disclosing 196,879 shares of SBA Communications Corporation. This represents a change in shares of 33.52% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-12 2026-03-31 13F SBA Communications Equity 78410G104 262,865 65,986 33.52 45,242 18.80 0.0220
2026-02-10 2025-12-31 13F SBA Communications Equity 78410G104 196,879 32,865 20.04 38,082 20.09 0.0173
2025-11-13 2025-09-30 13F SBA Communications Equity 78410G104 164,014 -16,427 -9.10 31,712 -25.16 0.0169
2025-08-14 2025-06-30 13F SBA Communications Equity 78410G104 180,441 -16,989 -8.61 42,375 -2.44 0.0243
2025-05-14 2025-03-31 13F SBA Communications Equity 78410G104 197,430 -54,418 -21.61 43,437 -15.37 0.0255
2025-02-14 2024-12-31 13F SBA Communications Equity 78410G104 251,848 81,570 47.90 51,327 25.23 0.0288
2024-11-13 2024-09-30 13F SBA Communications Equity 78410G104 170,278 23,473 15.99 40,986 42.23 0.0275
2024-08-13 2024-06-30 13F SBA Communications Equity 78410G104 146,805 -212,931 -59.19 28,818 -63.03 0.0235
2024-05-01 2024-03-31 13F SBA Communications Equity 78410G104 359,736 212,739 144.72 77,955 109.04 0.0685
2024-02-14 2023-12-31 13F/A-2 SBA Communications Equity 78410G104 146,997 -157,454 -51.72 37,292 -38.81 0.0423
2024-02-07 2023-12-31 13F/A-1 SBA Communications Equity 78410G104 146,997 -157,454 37,292 0.0053
2024-02-07 2023-12-31 13F SBA Communications Equity 78410G104 146,997 37,292
2023-11-14 2023-09-30 13F SBA Communications Equity 78410G104 304,451 -5,113 -1.65 60,942 -15.06 0.0783
2023-08-09 2023-06-30 13F SBA Communications Equity 78410G104 309,564 29,757 10.63 71,745 -1.79 0.0897
2023-05-12 2023-03-31 13F SBA COMMUNICATIONS EQUITY 78410G104 279,807 -148,076 -34.61 73,049 -39.09 0.1023
2023-02-14 2022-12-31 13F SBA Communications Equity 78410G104 427,883 308,823 259.38 119,940 253.91 0.1843
2022-11-16 2022-09-30 13F/A-1 SBA Communications Equity 78410G104 119,060 3,660 3.17 33,890 -8.24 0.0542
2022-11-15 2022-09-30 13F SBA Communications Equity 78410G104 119,060 3,660 33,890 0.0082
2022-08-12 2022-06-30 13F SBA Communications Equity 78410G104 115,400 19,920 20.86 36,934 12.42 0.0576
2022-05-18 2022-03-31 13F/A-1 SBA Communications Equity 78410G104 95,480 -38,794 -28.89 32,855 -37.10 0.0442
2022-02-09 2021-12-31 13F SBA COMMUNICATIONS EQUITY 78410G104 134,274 41,819 45.23 52,235 70.91 0.0744
2021-11-16 2021-09-30 13F/A-1 SBA COMMUNICATIONS EQUITY 78410G104 92,455 -82,702 -47.22 30,563 -45.25 0.0433
2021-11-12 2021-09-30 13F SBA COMMUNICATIONS EQUITY 78410G104 117,122 -58,035 37,301 0.0000
2021-08-10 2021-06-30 13F SBA COMMUNICATIONS EQUITY 78410G104 175,157 -9,971 -5.39 55,823 8.64 0.0739
2021-05-07 2021-03-31 13F SBA COMMUNICATIONS EQUITY 78410G104 185,128 128,154 224.93 51,382 219.66 0.0752
2021-02-10 2020-12-31 13F SBA COMMUNICATIONS EQUITY 78410G104 56,974 -60,148 -51.35 16,074 -56.91 0.0299
2020-10-30 2020-09-30 13F SBA COMMUNICATIONS EQUITY 78410G104 117,122 62,795 115.59 37,301 130.47 0.0534
2020-08-06 2020-06-30 13F SBA COMMUNICATIONS EQUITY 78410G104 54,327 -35,515 -39.53 16,185 -33.27 0.0286
2020-05-13 2020-03-31 13F SBA COMMUNICATIONS EQUITY 78410G104 89,842 32,294 56.12 24,255 74.89 0.0497
2020-02-12 2019-12-31 13F SBA COMMUNICATIONS EQUITY 78410G104 57,548 -99,607 -63.38 13,868 -63.41 0.0253
2019-11-07 2019-09-30 13F SBA COMMUNICATIONS EQUITY 78410G104 157,155 22,730 16.91 37,898 25.39 0.0673
2019-07-30 2019-06-30 13F SBA COMMUNICATIONS EQUITY 78410G104 134,425 -97,003 -41.91 30,224 -34.59 0.0602
2019-04-25 2019-03-31 13F SBA COMMUNICATIONS EQUITY 78410G104 231,428 158,163 215.88 46,207 289.60 0.0999
2019-02-12 2018-12-31 13F SBA COMMUNICATIONS EQUITY 78410G104 73,265 -22,920 -23.83 11,861 -23.24 0.0280
2018-11-07 2018-09-30 13F SBA COMMUNICATIONS EQUITY 78410G104 96,185 -28,396 -22.79 15,450 -24.89 0.0228
2018-07-25 2018-06-30 13F SBA COMMUNICATIONS EQUITY 78410G104 124,581 49,362 65.62 20,571 60.00 0.0342
2018-05-11 2018-03-31 13F SBA COMMUNICATIONS EQUITY 78410G104 75,219 8,560 12.84 12,856 18.06 0.0241
2018-03-05 2017-12-31 13F/A-1 SBA COMMUNICATIONS EQUITY 78410G104 66,659 -9,862 -12.89 10,889 -1.21 0.0193
2018-02-01 2017-12-31 13F SBA COMMUNICATIONS EQUITY 78410G104 66,659 -9,862 10,889
2017-11-03 2017-09-30 13F SBA COMMUNICATIONS CORP STOCK 78410G104 76,521 -43,779 -36.39 11,023 -32.08 0.0269
2017-08-03 2017-06-30 13F SBA COMMUNICATIONS CORP STOCK 78410G104 120,300 -148,661 -55.27 16,228 -49.87 0.0489
2017-05-03 2017-03-31 13F SBA COMMUNICATIONS CORP STOCK 78410G104 268,961 2,553 0.96 32,375 17.69 0.0855
2017-02-14 2016-12-31 13F SBA COMMUNICATIONS STOCK 78388J106 266,408 202,932 319.70 27,509 286.42 0.1289
2016-10-05 2016-09-30 13F * SBA COMMUNICATIONS CORP COM STOCK 78388J106 63,476 54,785 630.36 7,119 658.96 0.0293
2016-07-06 2016-06-30 13F * SBA COMMUNICATIONS CORP COM STOCK 78388J106 8,691 -16,526 -65.54 938 -62.85 0.0042
2016-04-22 2016-03-31 13F * SBA COMMUNICATIONS CORP COM STOCK 78388J106 25,217 12,470 97.83 2,526 88.57 0.0107
2016-04-19 2015-12-31 13F/A-1 * SBA COMMUNICATIONS CORP COM STOCK 78388J106 12,747 -32,452 -71.80 1,339 -71.72 0.0065
2016-02-10 2015-12-31 13F * SBA COMMUNICATIONS CORP COM STOCK 78388J106 12,425 1,305
2015-11-13 2015-09-30 13F * SBA COMMUNICATIONS CORP COM STOCK 78388J106 45,199 -10,780 -19.26 4,734 -26.43 0.0119
2015-08-14 2015-06-30 13F SBA COMMUNICATIONS CORP COM STOCK 78388J106 55,979 -49,090 -46.72 6,436 -47.70 0.0180
2015-05-15 2015-03-31 13F * SBA COMMUNICATIONS CORP COM STOCK 78388J106 105,069 33,057 45.90 12,304 54.25 0.0340
2015-03-10 2014-12-31 13F/A-1 * SBA COMMUNICATIONS CORP COM STOCK 78388J106 72,012 -6,478 -8.25 7,976 -8.36 0.0283
2015-02-11 2014-12-31 13F * SBA COMMUNICATIONS CORP COM STOCK 78388J106 72,012 7,976
2014-11-12 2014-09-30 13F * SBA COMMUNICATIONS CORP COM STOCK 78388J106 78,490 37,977 93.74 8,705 110.04 0.0076
2014-08-14 2014-06-30 13F/A-1 * SBA COMMUNICATIONS CORP COM STOCK 78388J106 40,513 -55,781 -57.93 4,144 -52.05 0.0039
2014-08-14 2014-06-30 13F SBA COMMUNICATIONS CORP COM STOCK 78388J106 40,513 4,144
2014-05-13 2014-03-31 13F SBA COMMUNICATIONS STOCK 78388J106 96,294 -75,325 -43.89 8,643 -43.94 0.0067
2014-04-02 2013-12-31 13F/A-1 SBA COMMUNICATIONS STOCK 78388J106 171,619 1,330 0.78 15,418 12.53 0.0112
2014-02-12 2013-12-31 13F SBA COMMUNICATIONS STOCK 78388J106 171,619 15,418
2013-11-13 2013-09-30 13F SBA COMMUNICATIONS STOCK 78388J106 170,289 74,900 78.52 13,702 93.79 0.0100
2013-08-13 2013-06-30 13F SBA COMMUNICATIONS STOCK 78388J106 95,389 95,389 7,070 0.0050
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.