SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionGuggenheim Capital Llc
Latest Disclosed Ownership1,932 shares
Latest Disclosed Value $ 332,517
Guggenheim Capital Llc reports 21.88% decrease in ownership of SBAC / SBA Communications Corporation

On May 15, 2026 - Guggenheim Capital Llc filed a 13F-HR form disclosing ownership of 1,932 shares of SBA Communications Corporation (MX:SBAC) valued at $332,517 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 2,473 shares of SBA Communications Corporation. This represents a change in shares of -21.88% 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 1,932 -541 -21.88 333 -30.54 0.0013
2026-02-17 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 2,473 -91 -3.55 478 -3.43 0.0017
2025-11-13 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 2,564 -128 -4.75 496 -21.68 0.0036
2025-08-13 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 2,692 45 1.70 632 8.59 0.0050
2025-05-14 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 2,647 -409 -13.38 582 -6.43 0.0053
2025-02-13 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 3,056 -11,733 -79.34 623 -82.52 0.0050
2024-11-13 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,789 11,735 384.25 3,560 494.16 0.0249
2024-08-14 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 3,054 -1,422 -31.77 600 -38.18 0.0043
2024-05-14 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 4,476 -2,777 -38.29 970 -47.34 0.0068
2024-02-14 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 7,253 452 6.65 1,840 35.19 0.0139
2023-11-14 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 6,801 -14,966 -68.76 1,361 -73.02 0.0117
2023-08-11 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 21,767 -1,092 -4.78 5,045 -15.47 0.0396
2023-05-11 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 22,859 1,126 5.18 5,968 -2.04 0.0502
2023-02-14 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 21,733 -312 -1.42 6,092 -2.93 0.0535
2022-11-14 2022-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 22,045 -664 -2.92 6,275 -13.65 0.0575
2022-08-15 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 22,709 10,391 84.36 7,267 71.43 0.0574
2022-05-16 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 12,318 3,923 46.73 4,239 29.79 0.0255
2022-02-14 2021-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 8,395 1,413 20.24 3,266 41.51 0.0170
2021-11-15 2021-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 6,982 -771 -9.94 2,308 -6.60 0.0139
2021-08-13 2021-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 7,753 108 1.41 2,471 16.45 0.0145
2021-05-13 2021-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 7,645 1,425 22.91 2,122 20.91 0.0139
2021-02-16 2020-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 6,220 -5,224 -45.65 1,755 -51.85 0.0110
2020-11-13 2020-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 11,444 809 7.61 3,645 15.06 0.0264
2020-08-14 2020-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 10,635 -15,506 -59.32 3,168 -55.11 0.0245
2020-06-02 2020-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 26,141 14,481 124.19 7,057 151.14 0.0711
2020-02-20 2019-12-31 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 11,660 2,304 24.63 2,810 24.56 0.0211
2020-02-14 2019-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 11,660 2,304 2,810 16,654.3083
2020-02-20 2019-09-30 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 9,356 -1,771 -15.92 2,256 -9.83 0.0180
2019-11-14 2019-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,356 -1,771 2,256 16,532.6297
2019-08-14 2019-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 11,127 1,621 17.05 2,502 31.82 0.0204
2019-05-15 2019-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,506 -419 -4.22 1,898 18.18 0.0155
2019-02-14 2018-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,925 -16,762 -62.81 1,606 -62.54 0.0136
2018-11-14 2018-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 26,687 3,153 13.40 4,287 10.38 0.0279
2018-08-14 2018-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,534 -314,823 -93.04 3,884 -93.28 0.0259
2018-05-15 2018-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 338,357 -8,180 -2.36 57,834 2.16 0.1411
2018-02-14 2017-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 346,537 147,467 74.08 56,611 97.42 0.1341
2017-11-14 2017-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 199,070 188,667 1,813.58 28,676 1,941.00 0.0674
2017-08-14 2017-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 10,403 -11,732 -53.00 1,405 -47.24 0.0037
2017-05-15 2017-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 22,135 -81,800 -78.70 2,663 -75.19 0.0072
2017-02-14 2016-12-31 13F SBA COMMUNICATIONS COM 78388J106 103,935 2,482 2.45 10,733 -5.67 0.0307
2016-11-14 2016-09-30 13F SBA COMMUNICATIONS COM 78388J106 101,453 -31,860 -23.90 11,378 -20.93 0.0354
2016-08-15 2016-06-30 13F SBA COMMUNICATIONS COM 78388J106 133,313 -17,477 -11.59 14,390 -4.73 0.0452
2016-05-16 2016-03-31 13F SBA COMMUNICATIONS COM 78388J106 150,790 -34,142 -18.46 15,104 -22.26 0.0477
2016-02-16 2015-12-31 13F SBA COMMUNICATIONS COM 78388J106 184,932 -19,798 -9.67 19,430 -9.39 0.0565
2015-11-16 2015-09-30 13F SBA COMMUNICATIONS COM 78388J106 204,730 86,843 73.67 21,443 58.20 0.0660
2015-08-14 2015-06-30 13F SBA COMMUNICATIONS COM 78388J106 117,887 -11,416 -8.83 13,554 -10.48 0.0335
2015-05-18 2015-03-31 13F/A-1 SBA COMMUNICATIONS COM 78388J106 129,303 62,344 93.11 15,141 104.14 0.0358
2015-05-15 2015-03-31 13F SBA COMMUNICATIONS COM 78388J106 129,303 15,141
2015-02-17 2014-12-31 13F SBA COMMUNICATIONS COM 78388J106 66,959 -74,918 -52.80 7,417 -52.86 0.0186
2014-11-14 2014-09-30 13F SBA COMMUNICATIONS COM 78388J106 141,877 64,635 83.68 15,735 99.15 0.0380
2014-08-14 2014-06-30 13F SBA COMMUNICATIONS COM 78388J106 77,242 -20,939 -21.33 7,901 -11.53 0.0200
2014-05-16 2014-03-31 13F SBA COMMUNICATIONS COM 78388J106 98,181 12,725 14.89 8,931 16.33 0.0254
2014-02-14 2013-12-31 13F SBA COMMUNICATIONS COM 78388J106 85,456 15,266 21.75 7,677 35.92 0.0233
2013-11-14 2013-09-30 13F SBA COMMUNICATIONS COM 78388J106 70,190 17,737 33.82 5,648 45.27 0.0203
2013-08-22 2013-06-30 13F/A-1 SBA COMMUNICATIONS COM 78388J106 52,453 52,453 3,888 0.0164
2013-08-14 2013-06-30 13F SBA COMMUNICATIONS COM 78388J106 52,453 3,888 0.0164
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.