SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionLPL Financial LLC
Latest Disclosed Ownership9,755 shares
Latest Disclosed Value $ 1,678,876
LPL Financial LLC reports 4.13% decrease in ownership of SBAC / SBA Communications Corporation

On May 6, 2026 - LPL Financial LLC filed a 13F-HR form disclosing ownership of 9,755 shares of SBA Communications Corporation (MX:SBAC) valued at $1,678,876 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 10,175 shares of SBA Communications Corporation. This represents a change in shares of -4.13% 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)
2026-05-06 2026-03-31 13F SBA COMMUNICATIONS CL A 78410G104 9,755 -420 -4.13 1,679 -14.74 0.0004
2026-02-11 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 10,175 -8,248 -44.77 1,968 -44.75 0.0005
2025-11-12 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,423 -2,799 -13.19 3,562 -28.52 0.0010
2025-08-12 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 21,222 1,515 7.69 4,984 14.95 0.0017
2025-05-07 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 19,707 1,994 11.26 4,336 20.12 0.0017
2025-02-11 2024-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,713 129 0.73 3,610 -14.72 0.0015
2024-11-08 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,584 2,740 18.46 4,232 45.28 0.0019
2024-08-07 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,844 -4,091 -21.61 2,914 -29.00 0.0015
2024-05-10 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,935 -40,370 -68.07 4,103 -72.73 0.0022
2024-02-14 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 59,305 -1,904 -3.11 15,045 22.80 0.0091
2023-11-13 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 61,209 6,829 12.56 12,252 -2.79 0.0086
2023-07-31 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 54,380 -1,381 -2.48 12,603 -13.42 0.0090
2023-05-10 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 55,761 -151 -0.27 14,558 -7.11 0.0113
2023-02-07 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 55,912 -1,600 -2.78 15,673 -4.27 0.0134
2022-11-14 2022-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 57,512 3,170 5.83 16,371 -5.87 0.0158
2022-08-12 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 54,342 6,581 13.78 17,392 5.82 0.0165
2022-05-16 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 47,761 -25 -0.05 16,435 -11.59 0.0141
2022-02-14 2021-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 47,786 2,677 5.93 18,590 24.67 0.0156
2021-11-15 2021-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 45,109 3,491 8.39 14,911 12.42 0.0140
2021-08-13 2021-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 41,618 4,795 13.02 13,264 29.78 0.0134
2021-05-14 2021-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 36,823 4,841 15.14 10,220 13.27 0.0117
2021-02-12 2020-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 31,982 6,984 27.94 9,023 13.34 0.0117
2020-11-09 2020-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 24,998 10,009 66.78 7,961 78.30 0.0124
2020-08-13 2020-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,989 6,124 69.08 4,465 86.59 0.0078
2020-05-14 2020-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 8,865 1,957 28.33 2,393 43.72 0.0052
2020-02-14 2019-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 6,908 -7,789 -53.00 1,665 -53.02 0.0030
2019-11-13 2019-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,697 -375 -2.49 3,544 4.57 0.0072
2019-08-09 2019-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 15,072 223 1.50 3,389 14.30 0.0072
2019-05-08 2019-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,849 538 3.76 2,965 27.97 0.0067
2019-02-07 2018-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,311 1,428 11.08 2,317 11.99 0.0062
2018-11-14 2018-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 12,883 4,073 46.23 2,069 42.20 0.0050
2018-08-14 2018-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 8,810 1,423 19.26 1,455 15.20 0.0038
2018-05-15 2018-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 7,387 -947 -11.36 1,263 -7.20 0.0035
2018-02-14 2017-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 8,334 1,188 16.62 1,361 27.55 0.0041
2017-11-14 2017-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 7,146 1,979 38.30 1,067 51.56 0.0038
2017-08-14 2017-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 5,167 2,899 127.82 704 159.78 0.0027
2017-05-15 2017-03-31 13F SBA COMMUNICATIONS CL A 78410G104 2,268 82 3.75 271 17.32 0.0018
2017-02-13 2016-12-31 13F SBA COMMUNICATIONS COM 78388J106 2,186 -138 -5.94 231 -11.15 0.0018
2016-11-16 2016-09-30 13F SBA COMMUNICATIONS COM 78388J106 2,324 52 2.29 260 4.42 0.0025
2016-08-15 2016-06-30 13F SBA COMMUNICATIONS COM 78388J106 2,272 -432 -15.98 249 -8.12 0.0021
2016-05-16 2016-03-31 13F SBA COMMUNICATIONS COM 78388J106 2,704 -250 -8.46 271 -14.51 0.0008
2016-02-12 2015-12-31 13F SBA COMMUNICATIONS COM 78388J106 2,954 -3,267 -52.52 317 -53.45 0.0009
2015-11-13 2015-09-30 13F SBA COMMUNICATIONS COM 78388J106 6,221 1,378 28.45 681 21.61 0.0037
2015-08-14 2015-06-30 13F SBA COMMUNICATIONS COM 78388J106 4,843 -626 -11.45 560 -14.24 0.0028
2015-05-14 2015-03-31 13F SBA COMMUNICATIONS COM 78388J106 5,469 1,252 29.69 653 39.83 0.0033
2015-02-13 2014-12-31 13F SBA COMMUNICATIONS COM 78388J106 4,217 915 27.71 467 29.36 0.0026
2014-11-10 2014-09-30 13F SBA COMMUNICATIONS COM 78388J106 3,302 -207 -5.90 361 0.56 0.0022
2014-08-05 2014-06-30 13F/A-1 SBA COMMUNICATIONS COM 78388J106 3,509 84 2.45 359 15.06 0.0021
2014-08-05 2014-06-30 13F SBA COMMUNICATIONS COM 78388J106 3,509 1,693
2014-05-12 2014-03-31 13F SBA COMMUNICATIONS COM 78388J106 3,425 -185 -5.12 312 -3.70 0.0019
2014-02-13 2013-12-31 13F SBA COMMUNICATIONS COM 78388J106 3,610 498 16.00 324 30.12 0.0020
2013-11-04 2013-09-30 13F SBA COMMUNICATIONS COM 78388J106 3,112 168 5.71 249 14.22 0.0017
2013-08-15 2013-06-30 13F SBA COMMUNICATIONS COM 78388J106 2,944 2,944 218 0.0016
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.