SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionVictory Capital Management Inc
Latest Disclosed Ownership33,807 shares
Latest Disclosed Value $ 5,818,523
Victory Capital Management Inc reports 3.75% decrease in ownership of SBAC / SBA Communications Corporation

On May 15, 2026 - Victory Capital Management Inc filed a 13F-HR form disclosing ownership of 33,807 shares of SBA Communications Corporation (MX:SBAC) valued at $5,818,523 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 35,124 shares of SBA Communications Corporation. This represents a change in shares of -3.75% 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 COM 78410G104 33,807 -1,317 -3.75 5,819 -14.37 0.0028
2026-02-13 2025-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 35,124 -867,170 -96.11 6,794 -96.11 0.0038
2025-11-12 2025-09-30 13F SBA COMMUNICATIONS CORP REIT 78410G104 902,294 -727,869 -44.65 174,459 -54.43 0.1020
2025-08-13 2025-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 1,630,163 -355,970 -17.92 382,827 -12.39 0.2469
2025-05-02 2025-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 1,986,133 204,902 11.50 436,969 20.37 0.4471
2025-02-06 2024-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 1,781,231 565,137 46.47 363,015 24.02 0.3568
2024-11-05 2024-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 1,216,094 1,174,469 2,821.55 292,714 3,482.78 0.2820
2024-08-05 2024-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 41,625 -42 -0.10 8,171 -9.51 0.0082
2024-05-03 2024-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 41,667 -57,013 -57.78 9,029 -63.93 0.0088
2024-02-05 2023-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 98,680 -5,327 -5.12 25,034 20.25 0.0263
2023-11-06 2023-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 104,007 -65,064 -38.48 20,819 -46.87 0.0239
2023-07-27 2023-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 169,071 -3,831 -2.22 39,184 -13.19 0.0431
2023-05-02 2023-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 172,902 17,543 11.29 45,140 3.65 0.0507
2023-04-25 2022-12-31 13F/A-3 SBA COMMUNICATIONS CORP COM 78410G104 155,359 -518,528 -76.95 43,549 -77.30 0.0501
2023-03-10 2022-12-31 13F/A-2 SBA COMMUNICATIONS CORP COM 78410G104 682,159 8,272 191,216 0.1320
2023-02-10 2022-12-31 13F/A-1 SBA COMMUNICATIONS CORP COM 78410G104 682,159 8,272 191,216 0.1319
2023-02-09 2022-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 682,807 8,920 202,116 0.1373
2022-11-02 2022-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 673,887 81,527 13.76 191,822 1.18 0.2239
2022-08-01 2022-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 592,360 -67,105 -10.18 189,585 -17.11 0.2160
2022-05-04 2022-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 659,465 -1,808 -0.27 228,707 -11.10 0.2288
2022-02-07 2021-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 661,273 -9,752 -1.45 257,249 15.97 0.2367
2021-11-02 2021-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 671,025 -58,534 -8.02 221,820 -4.60 0.2172
2021-08-03 2021-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 729,559 29,762 4.25 232,510 19.71 0.2232
2021-05-04 2021-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 699,797 -4,916 -0.70 194,228 -2.31 0.1990
2021-02-01 2020-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 704,713 -157,973 -18.31 198,821 -27.64 0.2215
2020-11-09 2020-09-30 13F SBA Communications COM 78410G104 862,686 98,858 12.94 274,748 20.74 0.3527
2020-08-07 2020-06-30 13F SBA COMMUNICATIONS CORP REIT 78410G104 763,828 633,444 485.83 227,560 546.48 0.3082
2020-05-12 2020-03-31 13F/A-1 SBA COMMUNICATIONS CORP REIT 78410G104 130,384 -92,538 -41.51 35,200 -34.48 0.0590
2020-05-04 2020-03-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 130,384 -92,538 35,200 38,522.8231
2020-02-06 2019-12-31 13F/A-1 SBA COMMUNICATIONS CORP COM 78410G104 222,922 -18,950 -7.83 53,722 -7.90 0.0652
2020-02-04 2019-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 212,674 -29,198 53,075 63,620.5060
2019-11-12 2019-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 241,872 18,341 8.21 58,327 16.05 0.0750
2019-08-15 2019-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 223,531 -85,169 -27.59 50,259 -18.46 0.1014
2019-05-03 2019-03-31 13F SBA COMMUNICATIONS CORP CS 78410G104 308,700 -51,950 -14.40 61,635 5.56 0.1402
2019-05-02 2018-12-31 13F/A-1 SBA COMMUNICATIONS CORP COM 78410G104 360,650 -110,913 -23.52 58,386 -22.92 0.1466
2019-02-05 2018-12-31 13F SBA COMMUNICATIONS CORP COM 78410G104 360,650 -110,913 58,386
2018-11-01 2018-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 471,563 -85,114 -15.29 75,747 -17.59 0.1563
2018-08-02 2018-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 556,677 -43,961 -7.32 91,919 -10.46 0.1956
2018-05-04 2018-03-31 13F SBA COMMUNICATIONS CORP COM 78410G104 600,638 -30,040 -4.76 102,661 -0.36 0.2239
2018-02-01 2017-12-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 630,678 -46,000 -6.80 103,028 5.70 0.2168
2017-10-27 2017-09-30 13F SBA COMMUNICATIONS CORP COM 78410G104 676,678 -11,226 -1.63 97,476 5.04 0.2190
2017-08-07 2017-06-30 13F SBA COMMUNICATIONS CORP COM 78410G104 687,904 687,439 147,836.34 92,799 165,612.50 0.2172
2017-05-10 2017-03-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 465 -803,755 -99.94 56 -99.93 0.0001
2017-02-09 2016-12-31 13F SBA COMMUNICATIONS COM 78388J106 804,220 -127,702 -13.70 83,044 -20.55 0.2095
2016-11-02 2016-09-30 13F SBA COMMUNICATIONS COM 78388J106 931,922 -39,359 -4.05 104,524 -0.30 0.2927
2016-08-09 2016-06-30 13F SBA COMMUNICATIONS COM 78388J106 971,281 -115,235 -10.61 104,840 -3.67 0.4193
2016-05-17 2016-03-31 13F/A-2 SBA COMMUNICATIONS COM 78388J106 1,086,516 3,264 0.30 108,836 -4.38 0.4495
2016-05-12 2016-03-31 13F/A-1 SBA COMMUNICATIONS COM 78388J106 1,086,516 0 108,836 0.4466
2016-05-12 2016-03-31 13F SBA COMMUNICATIONS COM 78388J106 1,086,516 108,836
2016-02-10 2015-12-31 13F SBA COMMUNICATIONS COM 78388J106 1,083,252 -271,539 -20.04 113,818 -19.79 0.4727
2015-11-06 2015-09-30 13F SBA COMMUNICATIONS COM 78388J106 1,354,791 -32,834 -2.37 141,901 -11.05 0.5846
2015-08-14 2015-06-30 13F/A-01 SBA COMMUNICATIONS COM 78388J106 1,387,625 -41,807 -2.92 159,535 -4.69 0.5905
2015-08-07 2015-06-30 13F SBA COMMUNICATIONS COM 78388J106 1,387,625 159,535
2015-05-07 2015-03-31 13F SBA Communications - Cl COM 78388J106 1,429,432 -39,839 -2.71 167,387 2.86 0.6012
2015-02-11 2014-12-31 13F SBA COMMUNICATIONS COM 78388J106 1,469,271 1,469,271 162,736 0.5998
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.