SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionIFP Advisors, Inc
Latest Disclosed Ownership75 shares
Latest Disclosed Value $ 12,908
IFP Advisors, Inc reports 72.43% decrease in ownership of SBAC / SBA Communications Corporation

On April 13, 2026 - IFP Advisors, Inc filed a 13F-HR form disclosing ownership of 75 shares of SBA Communications Corporation (MX:SBAC) valued at $12,908 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 272 shares of SBA Communications Corporation. This represents a change in shares of -72.43% 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)
2026-04-13 2026-03-31 13F SBA COMMUNICATIONS cs 78410G104 75 -197 -72.43 13 -76.92 0.0003
2026-02-06 2025-12-31 13F SBA COMMUNICATIONS CORP cs 78410G104 272 7 2.64 53 1.96 0.0012
2026-02-06 2025-09-30 13F/A-1 SBA COMMUNICATIONS CORP cs 78410G104 265 31 13.25 51 -5.56 0.0013
2025-12-02 2025-09-30 13F SBA COMMUNICATIONS CORP cs 78410G104 262 28 52 0.0013
2025-07-24 2025-06-30 13F SB A COMMUNICATIONS CORP cs 78410G104 234 101 75.94 55 86.21 0.0016
2025-05-05 2025-03-31 13F SBA COMMUNICATIONS CORP cs 78410G104 133 -5 -3.62 29 3.57 0.0009
2025-02-04 2024-12-31 13F SBA COMMUNICATIONS CORP cs 78410G104 138 16 13.11 28 -3.45 0.0009
2025-02-04 2024-09-30 13F SBA COMMUNICATIONS CORP cs 78410G104 122 -41 -25.15 29 -9.37 0.0011
2024-07-30 2024-06-30 13F SBA COMMUNICATIONS CORP cs 78410G104 163 -277 -62.95 32 -66.32 0.0013
2024-07-30 2024-03-31 13F SBA COMMUNICATIONS CORP cs 78410G104 440 -260 -37.14 95 -46.33 0.0042
2024-01-09 2023-12-31 13F SBA COMMUNICATIONS CORP cs 78410G104 700 -662 -48.60 178 -34.93 0.0084
2023-10-12 2023-09-30 13F SBA COMMUNICATIONS CORP cs 78410G104 1,362 -215 -13.63 273 -25.48 0.0123
2023-08-14 2023-06-30 13F/A-1 SBA COMMUNICATIONS CORP cs 78410G104 1,577 189 13.62 365 66.67 0.0153
2023-08-04 2023-06-30 13F SBA COMMUNICATIONS CORP cs 78410G104 1,577 189 250 0.0116
2023-04-18 2023-03-31 13F SBA COMMUNICATIONS CORP cs 78410G104 1,388 -353 -20.28 220 0.0096
2023-02-07 2022-12-31 13F SBA COMMUNICATIONS CORP cs 78410G104 1,741 -154 -8.13 0 -100.00 0.0095
2022-11-08 2022-09-30 13F SBA COMMUNICATIONS CORP cs 78410G104 1,895 214 12.73 371 10.75 0.0097
2022-09-06 2022-06-30 13F/A-1 SBA COMMUNICATIONS CORP cs 78410G104 1,681 0 0.00 335 0.00 0.0107
2022-09-06 2022-03-31 13F/A-1 SBA COMMUNICATIONS CORP cs 78410G104 1,681 164 10.81 335 -45.71 0.0107
2022-08-08 2022-03-31 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,571 54 295 0.0060
2022-01-12 2021-12-31 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,517 -11 -0.72 617 17.30 0.0121
2021-10-06 2021-09-30 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,528 203 15.32 526 25.24 0.0105
2021-07-13 2021-06-30 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,325 2 0.15 420 15.38 0.0087
2021-04-30 2021-03-31 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,323 147 12.50 364 9.97 0.0071
2021-01-25 2020-12-31 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,176 -32 -2.65 331 -14.47 0.0134
2020-10-29 2020-09-30 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,208 70 6.15 387 15.87 0.0231
2020-08-05 2020-06-30 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,138 63 5.86 334 12.84 0.0265
2020-05-12 2020-03-31 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 1,075 103 10.60 296 34.55 0.0299
2020-01-17 2019-12-31 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 972 162 20.00 220 24.29 0.0165
2019-11-07 2019-09-30 13F SBA COMMUNICATIONS CORP NEW CL A Stock 78410G104 810 74 10.05 177 20.41 0.0119
2019-05-15 2019-03-31 13F SBA COMMUNICATIONS CORPCL A Stock 78410G104 736 165 28.90 147 58.06 0.0201
2019-06-03 2018-12-31 13F/A-10 SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 571 94 19.71 93 20.78 0.0057
2019-01-23 2018-12-31 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 571 94 93 0.0057
2019-06-03 2018-09-30 13F/A-9 SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 477 -77 -13.90 77 -15.38 0.0031
2018-10-25 2018-09-30 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 477 -77 77 0.0031
2019-06-03 2018-06-30 13F/A-8 SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 554 0 0.00 91 0.00 0.0038
2018-08-07 2018-06-30 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 554 -9 91
2019-06-03 2018-03-31 13F/A-7 SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 554 0 0.00 91 0.00 0.0041
2018-05-09 2018-03-31 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 563 9 96
2019-06-03 2017-12-31 13F/A-6 SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 554 -92 -14.24 91 -2.15 0.0041
2018-01-24 2017-12-31 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 554 -92 91
2017-10-30 2017-09-30 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 646 18 2.87 93 9.41 0.0037
2019-06-03 2017-06-30 13F/A-5 SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 628 433 222.05 85 269.57 0.0036
2017-07-31 2017-06-30 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 628 433 85
2019-06-03 2017-03-31 13F/A-4 SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 195 3 1.56 23 15.00 0.0010
2017-04-26 2017-03-31 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 195 3 23
2019-06-03 2016-12-31 13F/A-3 SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 192 108 128.57 20 122.22 0.0010
2017-02-14 2016-12-31 13F SBA COMMUNICATIONS CORP NEW CL A REIT 78410G104 192 108 20
2016-11-04 2016-09-30 13F SBA COMMUNICATIONS CORP COM Stock 78388J106 84 2 2.44 9 0.00 0.0005
2019-06-03 2016-06-30 13F/A-2 SBA COMMUNICATIONS CORP COM Stock 78388J106 82 -654 -88.86 9 -93.88 0.0005
2016-08-22 2016-06-30 13F SBA COMMUNICATIONS CORP COM Stock 78388J106 82 -654 9
2019-06-03 2016-03-31 13F/A-1 SBA COMMUNICATIONS CORPCL A Stock 78410G104 736 630 594.34 147 1,236.36 0.0201
2016-05-02 2016-03-31 13F SBA COMMUNICATIONS CORP COM Stock 78388J106 144 38 14
2016-02-11 2015-12-31 13F SBA COMMUNICATIONS CORP COM Stock 78388J106 106 106 11 0.0007
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.