SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionKorea Investment CORP
Latest Disclosed Ownership93,841 shares
Latest Disclosed Value $ 16,150,975
Korea Investment CORP reports 8.27% decrease in ownership of SBAC / SBA Communications Corporation

On May 13, 2026 - Korea Investment CORP filed a 13F-HR form disclosing ownership of 93,841 shares of SBA Communications Corporation (MX:SBAC) valued at $16,150,975 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 102,303 shares of SBA Communications Corporation. This represents a change in shares of -8.27% 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)
2026-05-13 2026-03-31 13F SBA COMMUNICATIONS CL A 78410G104 93,841 -8,462 -8.27 16,151 -18.38 0.0335
2026-02-13 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 102,303 7,555 7.97 19,788 8.02 0.0390
2025-11-13 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 94,748 37,057 64.23 18,320 35.22 0.0377
2025-08-13 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 57,691 -25,700 -30.82 13,548 -26.15 0.0301
2025-05-14 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 83,391 -13,400 -13.84 18,347 -7.00 0.0445
2025-02-12 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 96,791 28,200 41.11 19,726 19.49 0.0468
2024-11-13 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 68,591 -68,417 -49.94 16,510 -38.61 0.0392
2024-08-13 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 137,008 25,719 23.11 26,895 11.52 0.0678
2024-05-14 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 111,289 19,108 20.73 24,116 3.13 0.0612
2024-02-13 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 92,181 -28,309 -23.49 23,385 -3.04 0.0614
2023-11-13 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 120,490 -14,303 -10.61 24,118 -22.80 0.0710
2023-08-11 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 134,793 10,662 8.59 31,240 -3.60 0.0878
2023-05-12 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 124,131 -47,668 -27.75 32,407 -32.71 0.0944
2023-02-13 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 171,799 18,697 12.21 48,157 10.50 0.1513
2022-11-10 2022-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 153,102 40,202 35.61 43,580 20.61 0.1342
2022-08-12 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 112,900 -22,832 -16.82 36,134 -22.63 0.1104
2022-05-13 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 135,732 50,400 59.06 46,705 40.69 0.1155
2022-02-09 2021-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 85,332 28,800 50.94 33,196 77.63 0.0863
2021-11-12 2021-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 56,532 -9,800 -14.77 18,688 -11.60 0.0557
2021-08-12 2021-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 66,332 21,300 47.30 21,140 69.13 0.0606
2021-05-13 2021-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 45,032 12,100 36.74 12,499 34.53 0.0395
2021-02-10 2020-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 32,932 -24,300 -42.46 9,291 -49.03 0.0279
2020-11-12 2020-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 57,232 9,100 18.91 18,227 27.11 0.0644
2020-08-12 2020-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 48,132 -28,200 -36.94 14,339 -30.42 0.0527
2020-05-14 2020-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 76,332 -54,982 -41.87 20,607 -34.88 0.0905
2020-02-11 2019-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 131,314 3,800 2.98 31,645 2.91 0.1154
2019-11-12 2019-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 127,514 -15,600 -10.90 30,750 -4.44 0.1300
2019-08-12 2019-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 143,114 26,300 22.51 32,178 37.97 0.1383
2019-05-15 2019-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 116,814 1,139 0.98 23,323 24.54 0.1050
2019-02-13 2018-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 115,675 -27,200 -19.04 18,727 -18.40 0.1018
2018-11-13 2018-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 142,875 74,091 107.72 22,950 102.06 0.1058
2018-08-13 2018-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 68,784 26,600 63.06 11,358 57.53 0.0518
2018-05-09 2018-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 42,184 -4,168 -8.99 7,210 -4.78 0.0336
2018-02-12 2017-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 46,352 12,400 36.52 7,572 54.81 0.0345
2017-10-25 2017-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 33,952 -13,000 -27.69 4,891 -22.78 0.0226
2017-07-31 2017-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 46,952 -51,226 -52.18 6,334 -46.40 0.0295
2017-04-25 2017-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 98,178 98,031 66,687.76 11,818 78,686.67 0.0586
2017-02-13 2016-12-31 13F SBA COMMUNICATIONS COM 78388J106 147 147 0.00 15 0.0001
2016-05-12 2016-03-31 13F SBA COMMUNICATIONS COM 78388J106 0 -9 -100.00 0 0.0000
2016-02-01 2015-12-31 13F SBA COMMUNICATIONS COM 78388J106 9 -150,600 -99.99 0 -100.00
2015-11-12 2015-09-30 13F SBA COMMUNICATIONS COM 78388J106 150,609 39,009 34.95 15,774 22.94 0.1256
2015-08-13 2015-06-30 13F SBA COMMUNICATIONS COM 78388J106 111,600 -49,900 -30.90 12,831 -32.15 0.1094
2015-05-11 2015-03-31 13F SBA COMMUNICATIONS COM 78388J106 161,500 9,000 5.90 18,912 11.96 0.1473
2015-02-12 2014-12-31 13F SBA COMMUNICATIONS COM 78388J106 152,500 21,700 16.59 16,891 16.44 0.1386
2014-11-14 2014-09-30 13F SBA COMMUNICATIONS COM 78388J106 130,800 117,100 854.74 14,506 934.66 0.1183
2014-08-14 2014-06-30 13F SBA COMMUNICATIONS COM 78388J106 13,700 -38,300 -73.65 1,402 -70.36 0.0117
2014-05-14 2014-03-31 13F SBA COMMUNICATIONS COM 78388J106 52,000 19,500 60.00 4,730 61.99 0.0419
2014-02-06 2013-12-31 13F SBA COMMUNICATIONS COM 78388J106 32,500 9,200 39.48 2,920 55.73 0.0276
2013-11-07 2013-09-30 13F/A-1 SBA COMMUNICATIONS COM 78388J106 23,300 -58,400 -71.48 1,875 -69.04 0.0199
2013-11-05 2013-09-30 13F SBA COMMUNICATIONS COM 78388J106 84,200 6,775
2013-08-08 2013-06-30 13F SBA COMMUNICATIONS COM 78388J106 81,700 81,700 6,056 0.0726
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.