SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionJanus Henderson Group Plc
Latest Disclosed Ownership12,381 shares
Latest Disclosed Value $ 2,131,575
Janus Henderson Group Plc reports 4.89% decrease in ownership of SBAC / SBA Communications Corporation

On May 18, 2026 - Janus Henderson Group Plc filed a 13F-HR/A form disclosing ownership of 12,381 shares of SBA Communications Corporation (MX:SBAC) valued at $2,131,575 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 13,017 shares of SBA Communications Corporation. This represents a change in shares of -4.89% 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)
2026-05-18 2026-03-31 13F/A-1 SBA COMMUNICATIONS CL A 78410G104 12,381 -636 -4.89 2,132 -15.37 0.0004
2026-05-15 2026-03-31 13F SBA COMMUNICATIONS CL A 78410G104 12,381 -636 -4.89 2,132 -15.37 0.0004
2026-02-17 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 13,017 211 1.65 2,519 1.74 0.0011
2025-11-14 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 12,806 -136,678 -91.43 2,476 -92.95 0.0011
2025-08-14 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 149,484 -41,072 -21.55 35,098 -15.05 0.0172
2025-05-15 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 190,556 7,764 4.25 41,317 10.89 0.0226
2025-02-14 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 182,792 9,688 5.60 37,260 -10.56 0.0189
2024-11-14 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 173,104 -74,971 -30.22 41,656 -14.51 0.0213
2024-08-14 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 248,075 23,090 10.26 48,725 -0.01 0.0261
2024-05-15 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 224,985 208,981 1,305.80 48,732 1,100.27 0.0266
2024-02-14 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 16,004 -87 -0.54 4,061 26.05 0.0024
2023-11-14 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 16,091 -167,863 -91.25 3,222 -92.45 0.0021
2023-08-14 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 183,954 -17,330 -8.61 42,638 -18.84 0.0265
2023-05-15 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 201,284 184,555 1,103.20 52,535 1,020.13 0.0346
2023-02-14 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 16,729 -90,229 -84.36 4,690 -84.61 0.0034
2023-01-13 2022-09-30 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 106,958 -2,322 -2.12 30,468 -12.90 0.0228
2022-11-14 2022-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 106,958 -2,322 30,468 0.0077
2022-08-15 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 109,280 -109,325 -50.01 34,981 -53.53 0.0241
2022-05-16 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 218,605 52,757 31.81 75,271 16.62 0.0363
2022-02-14 2021-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 165,848 33,486 25.30 64,542 47.47 0.0269
2021-11-16 2021-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 132,362 -110,394 -45.48 43,767 -43.44 0.0191
2021-08-16 2021-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 242,756 -30,405 -11.13 77,386 2.06 0.0331
2021-05-17 2021-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 273,161 58,358 27.17 75,821 25.12 0.0346
2021-02-16 2020-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 214,803 -4,614 -2.10 60,601 -13.23 0.0282
2020-11-16 2020-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 219,417 -29,379 -11.81 69,844 -5.74 0.0364
2020-08-14 2020-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 248,796 30,519 13.98 74,101 25.72 0.0416
2020-05-14 2020-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 218,277 -207,035 -48.68 58,941 -42.50 0.0406
2020-02-18 2019-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 425,312 78,767 22.73 102,511 22.66 0.0525
2019-11-14 2019-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 346,545 101,993 41.71 83,570 51.99 0.0453
2019-07-31 2019-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 244,552 88,332 56.54 54,985 76.27 0.0299
2019-04-30 2019-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 156,220 21,391 15.87 31,194 42.91 0.0173
2019-02-06 2018-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 134,829 -590,960 -81.42 21,828 -81.28 0.0139
2018-11-09 2018-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 725,789 -222,908 -23.50 116,584 -25.58 0.0623
2018-08-10 2018-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 948,697 -205,637 -17.81 156,649 -20.60 0.0893
2018-05-14 2018-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,154,334 159,745 16.06 197,299 21.43 0.1163
2018-03-12 2017-12-31 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 994,589 677,988 214.15 162,477 256.28 0.1001
2018-02-09 2017-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 994,589 677,988 162,477
2017-11-14 2017-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 316,601 282,433 826.60 45,604 889.46 0.0292
2017-08-17 2017-06-30 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 34,168 17,871 109.66 4,609 135.03 0.0031
2017-08-14 2017-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 34,168 17,871 4,609
2017-05-03 2017-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 16,297 0 0.00 1,961 16.52 0.0138
2017-01-30 2016-12-31 13F SBA COMMUNICATIONS COM 78388J106 16,297 2,085 14.67 1,683 5.58 0.0124
2016-10-24 2016-09-30 13F SBA COMMUNICATIONS COM 78388J106 14,212 0 0.00 1,594 3.91 0.0117
2016-07-29 2016-06-30 13F SBA COMMUNICATIONS COM 78388J106 14,212 -2,788 -16.40 1,534 -9.92 0.0128
2016-05-12 2016-03-31 13F SBA COMMUNICATIONS COM 78388J106 17,000 -848 -4.75 1,703 -9.17 0.0138
2016-02-03 2015-12-31 13F SBA COMMUNICATIONS COM 78388J106 17,848 0 0.00 1,875 0.37 0.0150
2015-11-16 2015-09-30 13F SBA COMMUNICATIONS COM 78388J106 17,848 3,255 22.31 1,868 11.32 0.0165
2015-08-17 2015-06-30 13F SBA COMMUNICATIONS COM 78388J106 14,593 -3,884 -21.02 1,678 -22.46 0.0132
2015-06-02 2015-03-31 13F/A-1 SBA COMMUNICATIONS COM 78388J106 18,477 0 0.00 2,164 5.77 0.0167
2015-05-15 2015-03-31 13F SBA COMMUNICATIONS COM 78388J106 18,477 2,164
2015-02-12 2014-12-31 13F SBA COMMUNICATIONS COM 78388J106 18,477 0 0.00 2,046 -0.15 0.0148
2014-11-12 2014-09-30 13F SBA COMMUNICATIONS COM 78388J106 18,477 -1,776 -8.77 2,049 -1.11 0.0193
2014-08-13 2014-06-30 13F SBA COMMUNICATIONS COM 78388J106 20,253 0 0.00 2,072 12.49 0.0193
2014-05-08 2014-03-31 13F SBA COMMUNICATIONS COM 78388J106 20,253 3,794 23.05 1,842 24.54 0.0179
2014-01-14 2013-12-31 13F SBA COMMUNICATIONS COM 78388J106 16,459 0 0.00 1,479 11.71 0.0149
2013-11-12 2013-09-30 13F SBA COMMUNICATIONS COM 78388J106 16,459 0 0.00 1,324 8.44 0.0146
2013-08-15 2013-06-30 13F SBA COMMUNICATIONS COM 78388J106 16,459 16,459 1,221 0.0143
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.