Sba Communications CORP (SBAC) 13F Holdings Overview (Q2 2026)

SBAC ranks #807 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

SBAC is a top-conviction position for Permit Capital, LLC — at 28.4% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in SBAC belongs to Dodge & Cox, but the position matters far more to Permit Capital, LLC, who has 28.4% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Berman McAleer LLC has added to its SBAC position for two straight quarters, increasing it by $3.2M to reach $3.8M today.

Fjarde Ap-fonden /fourth Swedish National Pension Fund has trimmed its SBAC position for two straight quarters, cutting it by $2.6M while still holding $6.8M.

SBAC is down 1.3% today, but institutions show net buying of $4.4B this quarter — a divergence between today's price move and the underlying institutional flow.

SBAC posted net income of $990.7M over the trailing twelve months, and currently trades at a P/E of 19.7.

• Profitable — net income of $990.7M over the trailing twelve months
• Revenue grew 11.5% year over year
• Net income improved year over year, from $878.7M to $990.7M
• Generated $1.3B in positive operating cash flow
• Current ratio of 0.29x — below the conventional 1.5x liquidity buffer