SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionPacer Advisors, Inc.
Latest Disclosed Ownership91,908 shares
Latest Disclosed Value $ 15,818,286
Pacer Advisors, Inc. reports 3.77% decrease in ownership of SBAC / SBA Communications Corporation

On May 6, 2026 - Pacer Advisors, Inc. filed a 13F-HR form disclosing ownership of 91,908 shares of SBA Communications Corporation (MX:SBAC) valued at $15,818,286 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 24, 2026 disclosing 95,511 shares of SBA Communications Corporation. This represents a change in shares of -3.77% 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 REIT - Domestic 78410G104 91,908 -3,603 -3.77 15,818 -14.38 0.0408
2026-02-24 2025-12-31 13F/A-1 SBA Communications REIT - Domestic 78410G104 95,511 -12,785 -11.81 18,475 -11.77 0.0472
2026-02-04 2025-12-31 13F SBA Communications REIT - Domestic 78410G104 95,511 -12,785 18,475 0.0252
2025-10-15 2025-09-30 13F SBA Communications REIT - Domestic 78410G104 108,296 13,008 13.65 20,939 -6.43 0.0527
2025-08-12 2025-06-30 13F SBA Communications REIT - Domestic 78410G104 95,288 336 0.35 22,377 7.12 0.0556
2025-05-06 2025-03-31 13F SBA Communications REIT - Domestic 78410G104 94,952 -9,121 -8.76 20,890 -1.51 0.0489
2025-01-22 2024-12-31 13F SBA Communications REIT - Domestic 78410G104 104,073 11,244 12.11 21,210 -5.07 0.0458
2024-11-12 2024-09-30 13F SBA Communications REIT - Domestic 78410G104 92,829 -13,177 -12.43 22,344 7.38 0.0472
2024-08-13 2024-06-30 13F SBA Communications REIT - Domestic 78410G104 106,006 36 0.03 20,809 -9.38 0.0472
2024-05-10 2024-03-31 13F SBA Communications REIT - Domestic 78410G104 105,970 2,574 2.49 22,964 -12.46 0.0528
2024-01-16 2023-12-31 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 103,396 -21,994 -17.54 26,231 4.51 0.0742
2023-11-13 2023-09-30 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 125,390 -969 -0.77 25,099 -14.29 0.0961
2023-07-12 2023-06-30 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 126,359 -16,187 -11.36 29,285 -21.31 0.1179
2023-05-02 2023-03-31 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 142,546 3,167 2.27 37,214 -4.75 0.1590
2023-02-06 2022-12-31 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 139,379 -22,952 -14.14 39,069 -15.45 0.1999
2022-10-18 2022-09-30 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 162,331 -1,740 -1.06 46,208 -12.00 0.3219
2022-08-12 2022-06-30 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 164,071 -35,544 -17.81 52,511 -23.55 0.3900
2022-04-05 2022-03-31 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 199,615 -10,681 -5.08 68,688 -16.04 0.5631
2022-02-03 2021-12-31 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 210,296 -645 -0.31 81,809 17.32 0.8391
2021-10-15 2021-09-30 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 210,941 34,171 19.33 69,731 23.77 0.8806
2021-07-21 2021-06-30 13F SBA COMMUNICATIONS CORP REIT - Domestic 78410G104 176,770 -5,569 -3.05 56,337 11.32 0.8064
2021-04-05 2021-03-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 182,339 6,534 3.72 50,608 2.03 0.8795
2021-01-20 2020-12-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 175,805 36,243 25.97 49,600 11.59 0.9315
2020-10-19 2020-09-30 13F SBA COMMUNICATIONS CORP REIT 78410G104 139,562 27,996 25.09 44,448 33.73 0.9454
2020-07-29 2020-06-30 13F SBA COMMUNICATIONS CORP REIT 78410G104 111,566 28,842 34.87 33,238 27.62 0.6730
2020-04-23 2020-03-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 82,724 47,492 134.80 26,044 206.72 0.5241
2020-02-10 2019-12-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 35,232 3,154 9.83 8,491 9.76 0.3836
2019-10-10 2019-09-30 13F SBA COMMUNICATIONS CORP REIT 78410G104 32,078 12,355 62.64 7,736 74.43 0.1739
2019-08-12 2019-06-30 13F SBA COMMUNICATIONS CORP REIT 78410G104 19,723 3,856 24.30 4,435 40.04 0.1085
2019-04-10 2019-03-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 15,867 14,188 845.03 3,167 1,064.34 0.0879
2019-02-13 2018-12-31 13F SBA COMMUNICATIONS CORP REIT 78410G104 1,679 -4,964 -74.73 272 -74.51 0.0096
2018-11-14 2018-09-30 13F SBA COMMUNICATIONS CORP REIT 78410G104 6,643 776 13.23 1,067 10.11 0.0402
2018-08-14 2018-06-30 13F SBA COMMUNICATIONS CORP REIT 78410G104 5,867 1,584 36.98 969 32.38 0.0438
2018-05-14 2018-03-31 13F SBA Communications REIT 78410G104 4,283 693 19.30 732 24.91 0.0405
2018-02-14 2017-12-31 13F SBA Communications Com 78410G104 3,590 457 14.59 586 29.93 0.0411
2017-11-08 2017-09-30 13F SBA Communications Com 78410G104 3,133 297 10.47 451 17.75 0.0400
2017-08-08 2017-06-30 13F SBA COMMUNICATIONS CORP Com 78410G104 2,836 225 8.62 383 21.97 0.0379
2017-05-09 2017-03-31 13F SBA COMMUNICATIONS CORP Com 78410G104 2,611 -1,198 -31.45 314 -20.10 0.0385
2017-02-08 2016-12-31 13F SBA COMMUNICATIONS Com 78388J106 3,809 -68 -1.75 393 -9.66 0.0560
2016-11-10 2016-09-30 13F SBA COMMUNICATIONS Com 78388J106 3,877 -145 -3.61 435 0.23 0.0661
2016-08-12 2016-06-30 13F SBA COMMUNICATIONS Com 78388J106 4,022 55 1.39 434 9.32 0.0685
2016-05-13 2016-03-31 13F SBA COMMUNICATIONS Com 78388J106 3,967 79 2.03 397 -2.93 0.0901
2016-02-17 2015-12-31 13F SBA COMMUNICATIONS Com 78388J106 3,888 3,888 409 0.0961
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.