SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionMackenzie Financial Corp
Latest Disclosed Ownership58,268 shares
Latest Disclosed Value $ 10,028,505
Mackenzie Financial Corp reports 92.65% increase in ownership of SBAC / SBA Communications Corporation

On May 13, 2026 - Mackenzie Financial Corp filed a 13F-HR form disclosing ownership of 58,268 shares of SBA Communications Corporation (MX:SBAC) valued at $10,028,505 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 18, 2026 disclosing 30,246 shares of SBA Communications Corporation. This represents a change in shares of 92.65% 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 58,268 28,022 92.65 10,029 70.57 0.0120
2026-02-18 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 30,246 -25,414 -45.66 5,879 -45.37 0.0070
2025-11-13 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 55,660 41,390 290.05 10,762 221.13 0.0130
2025-08-13 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,270 3,867 37.17 3,351 46.46 0.0043
2025-05-07 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 10,403 1,191 12.93 2,289 21.90 0.0033
2025-05-02 2024-12-31 13F/A-2 SBA COMMUNICATIONS CORP CL A 78410G104 9,212 -81 -0.87 1,877 -16.06 0.0026
2025-02-20 2024-12-31 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 9,212 -81 1,877 0.0024
2025-02-14 2024-12-31 13F SBA Communications REIT 78410G104 9,212 -81 753 0.0011
2024-11-13 2024-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,293 -429 -4.41 2,237 17.19 0.0031
2024-08-14 2024-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,722 -71 -0.73 1,908 -10.08 0.0028
2024-05-10 2024-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,793 203 2.12 2,122 -12.75 0.0031
2024-01-30 2023-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,590 -409 -4.09 2,433 28.07 0.0037
2023-10-25 2023-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,999 702 7.55 1,900 -12.69 0.0032
2023-08-03 2023-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,297 -5,153 -35.66 2,176 -42.34 0.0033
2023-04-24 2023-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 14,450 -65,672 -81.97 3,772 -83.20 0.0058
2023-02-14 2022-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 80,122 -4,414 -5.22 22,459 -6.67 0.0375
2022-10-07 2022-09-30 13F SBA Communications REIT 78410G104 84,536 817 0.98 24,063 -10.19 0.0414
2022-08-10 2022-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 83,719 39,701 90.19 26,794 76.89 0.0429
2022-05-13 2022-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 44,018 31,625 255.18 15,147 214.19 0.0203
2022-02-14 2021-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 12,393 -22,847 -64.83 4,821 -58.61 0.0065
2021-11-08 2021-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 35,240 -17,071 -32.63 11,649 -30.13 0.0165
2021-08-11 2021-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 52,311 11,753 28.98 16,672 48.10 0.0232
2021-05-14 2021-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 40,558 22,105 119.79 11,257 116.23 0.0172
2021-02-10 2020-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 18,453 700 3.94 5,206 -7.92 0.0112
2020-11-13 2020-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,753 205 1.17 5,654 8.15 0.0140
2020-08-13 2020-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 17,548 8,083 85.40 5,228 104.62 0.0140
2020-05-14 2020-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 9,465 6,631 233.98 2,555 274.08 0.0082
2020-02-13 2019-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 2,834 866 44.00 683 43.79 0.0017
2019-11-14 2019-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,968 1,068 118.67 475 135.15 0.0012
2019-08-23 2019-06-30 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 900 -24,404 -96.44 202 -96.00 0.0005
2019-08-14 2019-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 900 -24,404 202
2019-05-15 2019-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 25,304 23,613 1,396.39 5,052 1,743.80 0.0122
2019-02-06 2018-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,691 143 9.24 274 10.04 0.0007
2018-11-15 2018-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,548 39 2.58 249 0.00 0.0006
2018-08-13 2018-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,509 100 7.10 249 3.32 0.0006
2018-05-14 2018-03-31 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 1,409 1,409 241 0.0006
2018-05-14 2018-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 1,409 241
2015-11-13 2015-09-30 13F SBA COMMUNICATIONS COM 78388J106 0 -3,875 -100.00 0 -100.00
2015-08-13 2015-06-30 13F SBA COMMUNICATIONS COM 78388J106 3,875 603 18.43 446 16.45 0.0024
2015-05-13 2015-03-31 13F SBA COMMUNICATIONS COM 78388J106 3,272 3,272 383 0.0020
2013-11-12 2013-09-30 13F SBA COMMUNICATIONS COM 78388J106 0 -35,240 -100.00 0 -100.00
2013-08-20 2013-06-30 13F/A-1 SBA COMMUNICATIONS COM 78388J106 35,240 35,240 2,612 0.0125
2013-08-09 2013-06-30 13F SBA COMMUNICATIONS COM 78388J106 35,240 2,612 0.0125
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.