SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionGeoWealth Management, LLC
Latest Disclosed Ownership3,459 shares
Latest Disclosed Value $ 595,352
GeoWealth Management, LLC reports 14.66% decrease in ownership of SBAC / SBA Communications Corporation

On May 13, 2026 - GeoWealth Management, LLC filed a 13F-HR form disclosing ownership of 3,459 shares of SBA Communications Corporation (MX:SBAC) valued at $595,352 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 4,053 shares of SBA Communications Corporation. This represents a change in shares of -14.66% 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)
2026-05-13 2026-03-31 13F SBA COMMUNICATIONS CL A 78410G104 3,459 -594 -14.66 595 -24.01 0.0175
2026-02-17 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 4,053 470 13.12 784 13.15 0.0289
2025-11-13 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 3,583 1,407 64.66 693 35.42 0.0253
2025-08-13 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 2,176 848 63.86 511 75.00 0.0199
2025-05-09 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,328 80 6.41 292 14.96 0.0117
2025-02-13 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,248 424 51.46 254 28.28 0.0083
2024-11-12 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 824 6 0.73 198 23.75 0.0070
2024-08-12 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 818 205 33.44 161 21.21 0.0070
2024-05-15 2024-03-31 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 613 -381 -38.33 133 0.0051
2024-02-13 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 994 994 0 0.0208
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.