SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionUtah Retirement Systems
Latest Disclosed Ownership17,270 shares
Latest Disclosed Value $ 2,972,339
Utah Retirement Systems reports 2.25% decrease in ownership of SBAC / SBA Communications Corporation

On May 15, 2026 - Utah Retirement Systems filed a 13F-HR form disclosing ownership of 17,270 shares of SBA Communications Corporation (MX:SBAC) valued at $2,972,339 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 17,667 shares of SBA Communications Corporation. This represents a change in shares of -2.25% 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 17,270 -397 -2.25 2,972 -13.02 0.0304
2026-02-17 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,667 0 0.00 3,417 0.06 0.0325
2025-11-14 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,667 0 0.00 3,416 -17.67 0.0332
2025-08-14 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,667 -97 -0.55 4,149 6.14 0.0433
2025-05-15 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,764 0 0.00 3,908 7.96 0.0451
2025-02-14 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,764 0 0.00 3,620 -15.32 0.0399
2024-11-14 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,764 100 0.57 4,276 23.31 0.0482
2024-08-14 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,664 -1,000 -5.36 3,467 -14.27 0.0412
2024-05-15 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,664 0 0.00 4,044 -14.58 0.0473
2024-02-14 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,664 -3,200 -14.64 4,735 8.18 0.0603
2023-11-14 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 21,864 3,500 19.06 4,377 2.82 0.0626
2023-08-14 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,364 -600 -3.16 4,256 -14.02 0.0590
2023-05-16 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,964 48 0.25 4,951 -6.64 0.0716
2023-02-15 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,916 -264 -1.38 5,302 -2.88 0.0841
2022-11-14 2022-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 19,180 100 0.52 5,459 -10.61 0.0910
2022-08-16 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 19,080 -200 -1.04 6,107 -7.96 0.0978
2022-05-13 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 19,280 -400 -2.03 6,635 -13.34 0.0883
2022-02-14 2021-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 19,680 44 0.22 7,656 17.95 0.0946
2021-11-16 2021-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 19,636 -950 -4.61 6,491 -1.07 0.0878
2021-08-16 2021-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 20,586 -644 -3.03 6,561 11.34 0.0845
2021-05-17 2021-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 21,230 -900 -4.07 5,893 -5.61 0.0821
2021-02-16 2020-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 22,130 -461 -2.04 6,243 -13.23 0.0886
2020-11-16 2020-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 22,591 200 0.89 7,195 7.87 0.1194
2020-08-13 2020-06-30 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 22,391 -700 -3.03 6,670 6.99 0.1224
2020-08-13 2020-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 22,391 -700 6,670 122,421.4860
2020-05-15 2020-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,091 -100 -0.43 6,234 11.54 0.1349
2020-02-12 2019-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,191 0 0.00 5,589 -0.05 0.0983
2019-11-14 2019-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,191 0 0.00 5,592 7.23 0.1064
2019-08-14 2019-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,191 -127 -0.54 5,215 12.03 0.0999
2019-05-15 2019-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,318 0 0.00 4,655 23.31 0.0923
2019-02-08 2018-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,318 -200 -0.85 3,775 -0.05 0.0854
2018-11-13 2018-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,518 200 0.86 3,777 -1.90 0.0732
2018-08-10 2018-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 23,318 -700 -2.91 3,850 -6.23 0.0797
2018-05-15 2018-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 24,018 -800 -3.22 4,106 1.28 0.0873
2018-02-14 2017-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 24,818 100 0.40 4,054 13.88 0.0852
2017-11-13 2017-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 24,718 0 0.00 3,560 6.75 0.0801
2017-08-08 2017-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 24,718 1,900 8.33 3,335 21.41 0.0777
2017-05-11 2017-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 22,818 0 0.00 2,747 16.60 0.0657
2017-02-10 2016-12-31 13F SBA COMMUNICATIONS COM 78388J106 22,818 0 0.00 2,356 -7.93 0.0593
2016-11-07 2016-09-30 13F SBA COMMUNICATIONS COM 78388J106 22,818 0 0.00 2,559 3.90 0.0662
2016-08-03 2016-06-30 13F SBA COMMUNICATIONS COM 78388J106 22,818 -500 -2.14 2,463 5.44 0.0656
2016-05-10 2016-03-31 13F SBA COMMUNICATIONS COM 78388J106 23,318 100 0.43 2,336 -4.22 0.0633
2016-02-11 2015-12-31 13F SBA COMMUNICATIONS COM 78388J106 23,218 0 0.00 2,439 0.29 0.0661
2015-11-03 2015-09-30 13F SBA COMMUNICATIONS COM 78388J106 23,218 100 0.43 2,432 -8.50 0.0696
2015-08-11 2015-06-30 13F SBA COMMUNICATIONS COM 78388J106 23,118 100 0.43 2,658 -1.41 0.0706
2015-05-14 2015-03-31 13F SBA COMMUNICATIONS COM 78388J106 23,018 700 3.14 2,696 9.06 0.0708
2015-02-11 2014-12-31 13F SBA COMMUNICATIONS COM 78388J106 22,318 0 0.00 2,472 -0.12 0.0680
2014-11-06 2014-09-30 13F SBA COMMUNICATIONS COM 78388J106 22,318 0 0.00 2,475 8.41 0.0710
2014-08-08 2014-06-30 13F SBA COMMUNICATIONS COM 78388J106 22,318 -600 -2.62 2,283 9.50 0.0654
2014-05-08 2014-03-31 13F SBA COMMUNICATIONS COM 78388J106 22,918 100 0.44 2,085 1.71 0.0601
2014-02-05 2013-12-31 13F SBA COMMUNICATIONS COM 78388J106 22,818 0 0.00 2,050 11.66 0.0607
2013-11-06 2013-09-30 13F SBA COMMUNICATIONS COM 78388J106 22,818 -100 -0.44 1,836 8.06 0.0594
2013-08-02 2013-06-30 13F SBA COMMUNICATIONS COM 78388J106 22,918 22,918 1,699 0.0574
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.