SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionGlenmede Trust Co Na
Latest Disclosed Ownership1,309 shares
Latest Disclosed Value $ 253,199
Glenmede Trust Co Na reports 21.20% increase in ownership of SBAC / SBA Communications Corporation

On February 17, 2026 - Glenmede Trust Co Na filed a 13F-HR form disclosing ownership of 1,309 shares of SBA Communications Corporation (MX:SBAC) valued at $253,199 USD as of December 31, 2025. The entity filed a previous 13F-HR on May 15, 2025 disclosing 1,080 shares of SBA Communications Corporation. This represents a change in shares of 21.20% 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-02-17 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,309 229 21.20 253 6.75 0.0005
2025-05-15 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,080 27 2.56 238 10.75 0.0013
2025-02-14 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,053 -389 -26.98 215 -38.33 0.0011
2024-11-13 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,442 -137 -8.68 347 12.30 0.0017
2024-08-14 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,579 446 39.36 310 26.12 0.0016
2024-05-15 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,133 1,133 246 0.0012
2024-02-13 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 0 -1,228 -100.00 0 -100.00
2023-11-14 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,228 125 11.33 246 -14.63 0.0014
2023-08-14 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,103 0 0.00 288 0.00 0.0016
2023-05-15 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,103 8 0.73 288 -6.21 0.0016
2023-02-14 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,095 347 46.39 307 44.34 0.0018
2022-11-16 2022-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 748 44 6.25 212 -5.78 0.0013
2022-08-15 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 704 704 225 0.0013
2022-05-16 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 0 -59,659 -100.00 0 -100.00
2022-02-15 2021-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 59,659 115 0.19 23,207 17.91 0.1102
2021-11-15 2021-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 59,544 18,491 45.04 19,682 50.45 0.1020
2021-08-16 2021-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 41,053 41,053 13,082 0.0677
2021-02-16 2020-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 0 -377 -100.00 0 -100.00
2020-11-16 2020-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 377 22 6.20 120 14.29 0.0007
2020-08-14 2020-06-30 13F SBA COMMUNICATIONS CORP NEW CL A CL A 78410G104 355 70 24.56 105 54.41 0.0006
2020-05-20 2020-03-31 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 285 0 0.00 68 0.00 0.0003
2020-02-12 2019-12-31 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 285 6 2.15 68 1.49 0.0003
2019-11-14 2019-09-30 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 279 130 87.25 67 103.03 0.0003
2019-08-13 2019-06-30 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 149 0 0.00 33 13.79 0.0001
2019-05-14 2019-03-31 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 149 -27 -15.34 29 3.57 0.0001
2019-02-14 2018-12-31 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 176 176 18.12 28 -3.45 0.0001
2018-11-15 2018-09-30 13F SBA COMMUNICATIONS CORP NEW CL COMMON 78410G104 0 -98 -100.00 0 -100.00
2018-11-05 2018-06-30 13F/A-1 SBA COMMUNICATIONS CORP NEW CL COMMON 78410G104 98 0 0.00 16 0.00 0.0001
2018-08-15 2018-06-30 13F SBA COMMUNICATIONS CORP NEW CL COMMON 78410G104 98 0 16
2018-05-15 2018-03-31 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 98 0 0.00 16 0.00 0.0001
2018-02-15 2017-12-31 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 98 0 0.00 16 14.29 0.0001
2017-11-14 2017-09-30 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 98 49 100.00 14 180.00 0.0001
2017-08-14 2017-06-30 13F SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 49 0 0.00 5 0.00 0.0000
2017-05-16 2017-03-31 13F/A-1 SBA COMMUNICATIONS CORP NEW CL A COMMON 78410G104 49 -112 -69.57 5 -68.75 0.0000
2017-05-15 2017-03-31 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 161 16
2017-02-14 2016-12-31 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 161 -11 -6.40 16 -11.11 0.0001
2016-11-14 2016-09-30 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 172 0 0.00 18 0.00 0.0001
2016-08-05 2016-06-30 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 172 138 405.88 18 500.00 0.0001
2016-04-28 2016-03-31 13F/A-1 SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 34 0 0.00 3 0.00 0.0000
2016-04-26 2016-03-31 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 34 3
2016-02-11 2015-12-31 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 34 -28 -45.16 3 -50.00 0.0000
2015-11-12 2015-09-30 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 62 10 19.23 6 20.00 0.0000
2015-07-22 2015-06-30 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 52 -156 -75.00 5 -79.17 0.0000
2015-04-29 2015-03-31 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 208 0 0.00 24 4.35 0.0002
2015-02-06 2014-12-31 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 208 0 0.00 23 0.00 0.0002
2014-11-14 2014-09-30 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 208 52 33.33 23 53.33 0.0003
2014-08-13 2014-06-30 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 156 0 0.00 15 7.14 0.0002
2014-05-07 2014-03-31 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 156 0 0.00 14 0.00 0.0002
2014-01-31 2013-12-31 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 156 -35 -18.32 14 -6.67 0.0002
2013-11-14 2013-09-30 13F SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 191 -38 -16.59 15 -6.25 0.0002
2013-08-15 2013-06-30 13F/A-1 SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 229 16 0.0002
2013-08-20 2013-06-30 13F/A-2 SBA COMMUNICATIONS CORP-CL A COMMON 78388J106 229 229 16 0.0002
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.