SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionSchroder Investment Management Group
Latest Disclosed Ownership9,069 shares
Latest Disclosed Value $ 1,540,188
Schroder Investment Management Group reports 14.28% decrease in ownership of SBAC / SBA Communications Corporation

On May 14, 2026 - Schroder Investment Management Group filed a 13F-HR form disclosing ownership of 9,069 shares of SBA Communications Corporation (MX:SBAC) valued at $1,540,188 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 10,580 shares of SBA Communications Corporation. This represents a change in shares of -14.28% 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)
2026-05-14 2026-03-31 13F SBA COMMUNICATIONS CL A 78410G104 9,069 -1,511 -14.28 1,540 -25.24 0.0003
2026-02-13 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 10,580 -122,068 -92.02 2,061 -92.08 0.0016
2025-11-13 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 132,648 -7,394 -5.28 26,012 -20.90 0.0204
2025-08-13 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 140,042 94,063 204.58 32,887 229.86 0.0278
2025-05-13 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 45,979 -154,763 -77.10 9,970 -75.57 0.0101
2025-02-12 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 200,742 -8,535 -4.08 40,815 -18.28 0.0391
2024-11-13 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 209,277 29,639 16.50 49,942 41.63 0.0512
2024-08-12 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 179,638 -8,371 -4.45 35,263 -13.45 0.0389
2024-05-14 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 188,009 21,767 13.09 40,742 -3.40 0.0479
2024-02-14 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 166,242 33,922 25.64 42,174 59.23 0.0547
2023-11-14 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 132,320 7,428 5.95 26,486 -8.49 0.0394
2023-08-11 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 124,892 23,159 22.76 28,945 8.98 0.0415
2023-05-11 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 101,733 -13,470 -11.69 26,559 -17.75 0.0395
2023-02-10 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 115,203 -2,147 -1.83 32,293 -3.33 0.0513
2022-11-14 2022-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 117,350 -2,908 -2.42 33,404 -12.44 0.0553
2022-08-11 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 120,258 -1,817 -1.49 38,150 -8.88 0.0581
2022-05-16 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 122,075 23,240 23.51 41,869 8.90 0.0553
2022-02-14 2021-12-31 13F SBA Communications REIT 78410G104 98,835 9,763 10.96 38,448 30.58 0.0502
2021-11-12 2021-09-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 89,072 -3,625 -3.91 29,445 -0.33 0.0453
2021-08-13 2021-06-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 92,697 -2,219 -2.34 29,543 12.14 0.0370
2021-05-28 2021-03-31 13F/A-1 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 94,916 -21,461 -18.44 26,344 82,225.00 0.0342
2021-05-17 2021-03-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 94,916 -21,461 26,344 0.0342
2021-02-24 2020-12-31 13F/A-1 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 116,377 -21,206 -15.41 33 -99.93 0.0464
2021-02-16 2020-12-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 116,377 -21,206 33 0.0458
2020-11-13 2020-09-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 137,583 -110 -0.08 43,767 6.69 0.0700
2020-08-13 2020-06-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 137,693 4,120 3.08 41,021 10.69 0.0744
2020-05-15 2020-03-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 133,573 -23,110 -14.75 37,061 -1.85 0.0793
2020-02-11 2019-12-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 156,683 -91,317 -36.82 37,759 -35.71 0.0615
2019-11-12 2019-09-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 248,000 -6,071 -2.39 58,734 2.82 0.1036
2019-11-14 2019-06-30 13F/A-2 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 254,071 -11,250 -4.24 57,125 7.84 0.1039
2019-08-15 2019-06-30 13F/A-1 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 254,071 0 57,125 0.0613
2019-08-08 2019-06-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 254,071 -11,250 57,125 61,286.6451
2019-11-15 2019-03-31 13F/A-1 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 265,321 -50,917 -16.10 52,974 3.47 0.0943
2019-05-14 2019-03-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 265,321 -50,917 52,974 86,040.6815
2019-02-14 2018-12-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 316,238 -6,898 -2.13 51,195 -1.37 0.0926
2018-11-13 2018-09-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 323,136 -1,399 -0.43 51,905 -3.03 0.0891
2018-08-23 2018-06-30 13F/A-2 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 324,535 -127,301 -28.17 53,525 -30.69 0.0937
2018-08-16 2018-06-30 13F/A-1 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 29,677 -294,858 4,894 0.0086
2018-08-13 2018-06-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 29,677 -422,159 4,894 8,665.9036
2018-05-11 2018-03-31 13F/A-1 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 451,836 -124,507 -21.60 77,228 -17.97 0.1338
2018-05-11 2018-03-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 451,836 -124,507 77,228 133,829.8214
2018-02-09 2017-12-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 576,343 -84,311 -12.76 94,151 -0.87 0.1541
2017-11-09 2017-09-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 660,654 -104,462 -13.65 94,975 -7.72 0.1650
2017-08-10 2017-06-30 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 765,116 -93,590 -10.90 102,922 -0.43 0.1855
2017-05-18 2017-03-31 13F/A-1 SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 858,706 -132,211 -13.34 103,362 1.02 0.1858
2017-05-10 2017-03-31 13F SBA COMMUNICATIONS CORPORATION REIT USD0.01 REIT 78410G104 858,706 -132,211 103,362 185,792.5617
2017-02-10 2016-12-31 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 990,917 -18,599 -1.84 102,322 -9.63 0.1959
2016-11-09 2016-09-30 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 1,009,516 222,590 28.29 113,227 33.30 0.2114
2016-08-08 2016-06-30 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 786,926 -27,272 -3.35 84,941 4.37 0.1706
2016-05-10 2016-03-31 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 814,198 -277,726 -25.43 81,387 -29.06 0.1682
2016-02-10 2015-12-31 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 1,091,924 283,433 35.06 114,729 35.48 0.2367
2015-11-13 2015-09-30 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 808,491 27,450 3.51 84,681 -6.23 0.1791
2015-08-10 2015-06-30 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 781,041 18,559 2.43 90,304 -1.91 0.1775
2015-05-12 2015-03-31 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 762,482 266,677 53.79 92,062 67.64 0.1800
2015-02-18 2014-12-31 13F/A-1 SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 495,805 -10,143 54,915 0.1077
2015-02-25 2014-12-31 13F/A-2 SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 495,805 -10,143 -2.00 54,915 -2.13 0.1078
2015-02-17 2014-12-31 13F SBA COMMUNICATIONS CORPORATION USD0.01 COM 78388J106 495,805 -10,143 54,915 79,738.6773
2014-11-13 2014-09-30 13F SBACommunicationsComStkUSD0.01 COM 78388J106 505,948 -149,669 -22.83 56,110 -16.34 0.0749
2014-08-13 2014-06-30 13F SBACommunicationsComStkUSD0 01 COM 78388J106 655,617 -5,213 -0.79 67,070 11.58 0.0833
2014-05-15 2014-03-31 13F SBACommunicationsComStkUSD0.01 COM 78388J106 660,830 65,387 10.98 60,109 12.37 0.0678
2014-02-14 2013-12-31 13F SBACommunicationsComStkUSD0.01 COM 78388J106 595,443 -197,235 -24.88 53,495 -16.12 0.0668
2013-12-09 2013-09-30 13F/A-1 SBACommunicationsComStkUSD0.01 COM 78388J106 63,778,872 62,958,295 5,131,648 0.1546
2013-12-10 2013-09-30 13F/A-2 SBACommunicationsComStkUSD0.01 COM 78388J106 792,678 -27,899 -3.40 63,779 4.86 0.1548
2013-11-08 2013-09-30 13F SBACommunicationsComStkUSD0.01 COM 78388J106 792,678 -27,899 63,779 157.3832
2013-08-12 2013-06-30 13F SBACommunicationsComStkUSD0.01 COM 78388J106 820,577 820,577 60,821 0.1609
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.