SBA Communications Corporation
MX ˙ BMV ˙ US78410G1040
SecurityMX:SBAC / SBA Communications Corporation
InstitutionRegions Financial Corp
Latest Disclosed Ownership11,323 shares
Latest Disclosed Value $ 1,948,802
Regions Financial Corp reports 53.46% decrease in ownership of SBAC / SBA Communications Corporation

On May 5, 2026 - Regions Financial Corp filed a 13F-HR form disclosing ownership of 11,323 shares of SBA Communications Corporation (MX:SBAC) valued at $1,948,802 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 27, 2026 disclosing 24,332 shares of SBA Communications Corporation. This represents a change in shares of -53.46% 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)
2026-05-05 2026-03-31 13F SBA COMMUNICATIONS CL A 78410G104 11,323 -13,009 -53.46 1,949 -58.61 0.0110
2026-01-27 2025-12-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 24,332 -16,159 -39.91 4,707 -39.88 0.0301
2025-11-19 2025-09-30 13F/A-1 SBA COMMUNICATIONS CORP CL A 78410G104 40,491 -1,704 -4.04 7,829 -21.00 0.0510
2025-11-19 2025-09-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 40,491 -1,704 7,829 0.0451
2025-07-29 2025-06-30 13F SBA COMMUNICATIONS CORP CL A 78410G104 42,195 -4,964 -10.53 9,909 -4.49 0.0682
2025-05-08 2025-03-31 13F SBA COMMUNICATIONS CORP CL A 78410G104 47,159 -66,171 -58.39 10,375 -55.08 0.0773
2025-02-14 2024-12-31 13F SBA Communications CL A 78410G104 113,330 20,006 21.44 23,097 2.82 0.1696
2024-11-14 2024-09-30 13F SBA Communications CL A 78410G104 93,324 -694 -0.74 22,463 21.72 0.1616
2024-07-31 2024-06-30 13F SBA Communications CL A 78410G104 94,018 -9,075 -8.80 18,456 -17.39 0.1403
2024-04-23 2024-03-31 13F SBA Communications CL A 78410G104 103,093 -4,624 -4.29 22,340 -18.25 0.1696
2024-02-06 2023-12-31 13F SBA Communications CL A 78410G104 107,717 -3,290 -2.96 27,327 22.98 0.2251
2023-11-01 2023-09-30 13F SBA Communications CL A 78410G104 111,007 -190 -0.17 22,220 -13.78 0.1998
2023-08-09 2023-06-30 13F SBA Communications CL A 78410G104 111,197 7,669 7.41 25,771 95,348.15 0.2227
2023-05-12 2023-03-31 13F SBA Communications CL A 78410G104 103,528 1,337 1.31 27 -3.57 0.2426
2023-02-06 2022-12-31 13F SBA Communications CL A 78410G104 102,191 -621 -0.60 29 -99.90 0.2633
2022-11-03 2022-09-30 13F SBA Communications CL A 78410G104 102,812 249 0.24 29,266 -10.85 0.2951
2022-07-25 2022-06-30 13F SBA Communications CL A 78410G104 102,563 -5,373 -4.98 32,826 -11.62 0.3122
2022-04-25 2022-03-31 13F SBA Communications CL A 78410G104 107,936 2,712 2.58 37,140 -9.27 0.2997
2022-01-31 2021-12-31 13F SBA Communications CL A 78410G104 105,224 19,994 23.46 40,934 45.29 0.3191
2021-11-04 2021-09-30 13F SBA Communications CL A 78410G104 85,230 -1,587 -1.83 28,174 1.83 0.2435
2021-07-27 2021-06-30 13F SBA Communications CL A 78410G104 86,817 -4,984 -5.43 27,669 8.60 0.2392
2021-06-02 2021-03-31 13F SBA Communications CL A 78410G104 91,801 7,811 9.30 25,479 7.52 0.2308
2021-02-05 2020-12-31 13F SBA Communications CL A 78410G104 83,990 2,940 3.63 23,696 -8.20 0.2284
2020-10-15 2020-09-30 13F SBA Communications CL A 78410G104 81,050 53,640 195.70 25,813 216.10 0.2816
2020-07-27 2020-06-30 13F SBA Communications CL A 78410G104 27,410 786 2.95 8,166 13.62 0.0950
2020-04-29 2020-03-31 13F SBA Communications CL A 78410G104 26,624 6,847 34.62 7,187 50.80 0.0956
2020-02-03 2019-12-31 13F SBA Communications CL A 78410G104 19,777 -480 -2.37 4,766 -2.44 0.0500
2019-10-24 2019-09-30 13F SBA Communications CL A 78410G104 20,257 118 0.59 4,885 7.88 0.0542
2019-07-19 2019-06-30 13F SBA Communications CL A 78410G104 20,139 363 1.84 4,528 14.69 0.0511
2019-04-19 2019-03-31 13F SBA Communications CL A 78410G104 19,776 49 0.25 3,948 23.65 0.0455
2019-01-28 2018-12-31 13F SBA Communications CL A 78410G104 19,727 510 2.65 3,193 3.43 0.0399
2018-10-22 2018-09-30 13F SBA Communications CL A 78410G104 19,217 1,925 11.13 3,087 8.09 0.0333
2018-07-26 2018-06-30 13F SBA Communications CL A 78410G104 17,292 459 2.73 2,856 -0.73 0.0322
2018-04-18 2018-03-31 13F SBA Communications CL A 78410G104 16,833 -845 -4.78 2,877 -0.38 0.0323
2018-01-18 2017-12-31 13F SBA COMMUNICATIONS CL A 78410G104 17,678 -324 -1.80 2,888 11.38 0.0312
2017-10-23 2017-09-30 13F SBA COMMUNICATIONS COMMON STOCK 78410G104 18,002 -1,337 -6.91 2,593 -0.61 0.0295
2017-07-31 2017-06-30 13F SBA COMMUNICATIONS COMMON STOCK 78410G104 19,339 19,339 2,609 0.0306
2017-05-02 2017-03-31 13F SBA COMMUNICATIONS COMMON STOCK 78388J106 0 -27,918 -100.00 0 -100.00
2017-02-03 2016-12-31 13F SBA COMMUNICATIONS COMMON STOCK 78388J106 27,918 4,582 19.63 2,883 10.16 0.0353
2016-10-28 2016-09-30 13F SBA COMMUNICATIONS COMMON STOCK 78388J106 23,336 86 0.37 2,617 4.30 0.0337
2016-07-26 2016-06-30 13F SBA COMMUNICATIONS COMMON STOCK 78388J106 23,250 3,588 18.25 2,509 27.36 0.0325
2016-05-02 2016-03-31 13F SBA COMMUNICATIONS COMMON STOCK 78388J106 19,662 19,662 1,970 0.0261
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.