SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionRhumbline Advisers
Latest Disclosed Ownership236,603 shares
Latest Disclosed Value $ 40,721,626
Rhumbline Advisers reports 1.07% decrease in ownership of SBAC / SBA Communications Corporation

On May 12, 2026 - Rhumbline Advisers filed a 13F-HR form disclosing ownership of 236,603 shares of SBA Communications Corporation (MX:SBAC) valued at $40,721,626 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 239,165 shares of SBA Communications Corporation. This represents a change in shares of -1.07% 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)
2026-05-12 2026-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 236,603 -2,562 -1.07 40,722 -11.98 0.0348
2026-02-13 2025-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 239,165 -7,394 -3.00 46,262 -2.96 0.0374
2025-11-06 2025-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 246,559 1,138 0.46 47,672 -17.28 0.0383
2025-08-12 2025-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 245,421 4,089 1.69 57,635 8.55 0.0494
2025-05-29 2025-03-31 13F/A-1 SBA COMMUNICATIONS CORP COM 78410G104 241,332 13,662 6.00 53,095 14.43 0.0497
2025-04-08 2025-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 241,332 13,662 53,095 0.0497
2025-05-29 2024-12-31 13F/A-1 SBA COMMUNICATIONS CORP COM 78410G104 227,670 -3,037 -1.32 46,399 -16.44 0.0415
2025-01-30 2024-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 227,670 -3,037 46,399 0.0415
2024-11-12 2024-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 230,707 -4,480 -1.90 55,531 20.28 0.0501
2024-08-01 2024-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 235,187 -4,205 -1.76 46,167 -11.01 0.0434
2024-05-09 2024-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 239,392 -2,305 -0.95 51,876 -15.39 0.0498
2024-02-08 2023-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 241,697 -834 -0.34 61,316 26.30 0.0643
2023-11-09 2023-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 242,531 -746 -0.31 48,547 -13.89 0.0564
2023-08-08 2023-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 243,277 14,278 6.23 56,382 95,461.02 0.0632
2023-05-11 2023-03-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 228,999 5,928 2.66 60 -99.91 0.0738
2023-02-14 2022-12-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 223,071 3,446 1.57 62,529 0.02 0.0841
2022-11-10 2022-09-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 219,625 5,776 2.70 62,516 -8.66 0.0931
2022-08-11 2022-06-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 213,849 18,900 9.69 68,442 2.03 0.0999
2022-05-12 2022-03-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 194,949 3,067 1.60 67,082 -10.13 0.0863
2022-02-10 2021-12-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 191,882 1,785 0.94 74,646 18.79 0.0915
2021-11-12 2021-09-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 190,097 -3,253 -1.68 62,840 1.98 0.0850
2021-08-05 2021-06-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 193,350 -18,483 -8.73 61,621 4.81 0.0809
2021-05-06 2021-03-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 211,833 -12,461 -5.56 58,794 -7.09 0.0799
2021-02-10 2020-12-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 224,294 -2,213 -0.98 63,280 -12.28 0.0873
2020-11-12 2020-09-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 226,507 -5,898 -2.54 72,138 4.19 0.1130
2020-08-13 2020-06-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 232,405 3,898 1.71 69,238 12.24 0.1156
2020-05-06 2020-03-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 228,507 3,639 1.62 61,690 13.84 0.1293
2020-02-05 2019-12-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 224,868 12,308 5.79 54,191 5.72 0.0906
2019-10-23 2019-09-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 212,560 3,165 1.51 51,259 8.88 0.0937
2019-08-14 2019-06-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 209,395 758 0.36 47,080 13.02 0.0884
2019-05-01 2019-03-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 208,637 -7,133 -3.31 41,656 19.25 0.0807
2019-01-31 2018-12-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 215,770 -10,667 -4.71 34,931 -3.96 0.0760
2018-11-07 2018-09-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 226,437 -9,262 -3.93 36,373 -6.54 0.0702
2018-08-06 2018-06-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 235,699 -18,423 -7.25 38,919 -10.40 0.0785
2018-05-02 2018-03-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 254,122 -5,479 -2.11 43,435 2.42 0.0907
2018-02-09 2017-12-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 259,601 2,480 0.96 42,408 14.50 0.0861
2017-11-06 2017-09-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 257,121 77,950 43.51 37,038 53.24 0.0805
2017-08-02 2017-06-30 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 179,171 -2,242 -1.24 24,170 10.68 0.0552
2017-05-02 2017-03-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 181,413 25,838 16.61 21,837 35.93 0.0510
2017-01-27 2016-12-31 13F SBA COMMUNICATIONS CORP CLASS COM 78410G104 155,575 24,243 18.46 16,065 9.06 0.0407
2016-11-08 2016-09-30 13F S B A COMMUNICATIONS COM 78388J106 131,332 6,326 5.06 14,730 9.17 0.0406
2016-08-11 2016-06-30 13F S B A COMMUNICATIONS COM 78388J106 125,006 7,472 6.36 13,493 14.61 0.0400
2016-05-02 2016-03-31 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 117,534 843 0.72 11,773 -3.98 0.0365
2016-02-03 2015-12-31 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 116,691 1,385 1.20 12,261 1.52 0.0395
2015-11-04 2015-09-30 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 115,306 5,560 5.07 12,077 -4.28 0.0411
2015-08-04 2015-06-30 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 109,746 -941 -0.85 12,617 -2.65 0.0402
2015-05-12 2015-03-31 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 110,687 4,392 4.13 12,961 10.09 0.0374
2015-02-06 2014-12-31 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 106,295 3,373 3.28 11,773 3.15 0.0342
2014-11-12 2014-09-30 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 102,922 -2,460 -2.33 11,414 5.87 0.0343
2014-08-06 2014-06-30 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 105,382 -2,615 -2.42 10,781 9.75 0.0316
2014-05-06 2014-03-31 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 107,997 -4,733 -4.20 9,823 -3.01 0.0291
2014-02-03 2013-12-31 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 112,730 -11,307 -9.12 10,128 1.48 0.0299
2013-11-05 2013-09-30 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 124,037 366 0.30 9,980 8.88 0.0309
2013-08-07 2013-06-30 13F SBA COMMUNICATIONS CORP CL A C COM 78388J106 123,671 123,671 9,166 0.0295
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.