SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionGotham Asset Management, LLC
ManagerJoel Greenblatt
Latest Disclosed Ownership37,061 shares
Latest Disclosed Value $ 6,378,569
Gotham Asset Management, LLC reports 468.94% increase in ownership of SBAC / SBA Communications Corporation

On May 15, 2026 - Gotham Asset Management, LLC filed a 13F-HR form disclosing ownership of 37,061 shares of SBA Communications Corporation (MX:SBAC) valued at $6,378,569 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 6,514 shares of SBA Communications Corporation. This represents a change in shares of 468.94% 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)
2026-05-15 2026-03-31 13F SBA COMMUNICATIONS CL A 78410G104 37,061 30,547 468.94 6,379 406.19 0.0195
2026-02-17 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 6,514 2,244 52.55 1,260 52.73 0.0046
2025-11-14 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 4,270 -17,505 -80.39 826 -83.86 0.0036
2025-08-14 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 21,775 6,165 39.49 5,114 48.89 0.0306
2025-05-15 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 15,610 831 5.62 3,434 14.05 0.0287
2025-02-14 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,779 -2,547 -14.70 3,012 -27.79 0.0286
2024-11-14 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,326 1,450 9.13 4,170 33.83 0.0431
2024-08-14 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 15,876 3,953 33.15 3,116 20.63 0.0403
2024-05-15 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 11,923 -6,470 -35.18 2,584 -44.64 0.0390
2024-02-14 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,393 -7,266 -28.32 4,666 -9.15 0.0866
2023-11-14 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 25,659 17,790 226.08 5,136 181.73 0.1061
2023-08-14 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 7,869 1,896 31.74 1,824 16.93 0.0397
2023-05-15 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 5,973 -3,104 -34.20 1,559 -38.72 0.0378
2023-02-14 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,077 2,523 38.50 2,544 36.33 0.0716
2022-11-14 2022-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 6,554 429 7.00 1,866 -4.80 0.0559
2022-08-15 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 6,125 874 16.64 1,960 8.47 0.0630
2022-05-16 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 5,251 1,390 36.00 1,807 20.31 0.0559
2022-02-14 2021-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 3,861 923 31.42 1,502 54.69 0.0485
2021-11-15 2021-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 2,938 533 22.16 971 26.76 0.0394
2021-08-16 2021-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 2,405 -998 -29.33 766 -18.94 0.0325
2021-05-17 2021-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 3,403 -565 -14.24 945 -15.55 0.0422
2021-02-16 2020-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 3,968 188 4.97 1,119 -7.06 0.0370
2020-11-16 2020-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 3,780 -840 -18.18 1,204 -12.50 0.0387
2020-08-13 2020-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 4,620 4,620 1,376 0.0412
2020-05-15 2020-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 0 -930 -100.00 0 -100.00
2020-02-14 2019-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 930 -446 -32.41 224 -32.53 0.0041
2019-11-14 2019-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,376 1,376 332 0.0059
2015-05-15 2015-03-31 13F SBA COMMUNICATIONS COM 78388J106 0 -8,584 -100.00 0 -100.00
2015-02-17 2014-12-31 13F SBA COMMUNICATIONS COM 78388J106 8,584 8,584 951 0.0077
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.