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SBAC SBA Communications

Real Estate, filed as SBA COMMUNICATIONS CORP NEW (CL A), Equity As of 2026 Q2 among managers we track Quote on Google Finance, opens in a new tab

Bought by 1 manager in 2026 Q2

  • 3 Owners
  • Max 1.1%
  • $2.2B
  • 1 new 1 small

In 2026 Q2 Christopher Davis opened a position in SBA Communications.

Who owns this now

Largest portfolio weights among holders, up to 1.1% (Dodge & Cox). Not free-float ownership.

  1. Dodge & Cox Add 1.1%
  2. Christopher Davis New 0.03%

Who owns SBAC

Sorted by value, long equity only, as of 2026 Q2.

History
Dodge & Cox 1.1% Small add +2.0% 12,323,254 $2.2B History
Christopher Davis, Davis Selected Advisers 0.03% New 0.03% 40,700 $7.2M History
Ron Baron, Bamco Inc. (Baron Capital) <0.01% Hold 600 $106K History

3 current, options excluded

Weight bar: held both quarters added sold at this quarter’s reported price

Insider trades

Open-market buys and sales by SBAC's executives, directors and 10% owners in the last 12 months, from their Form 4s

All SBAC insider trades
  • None no insider bought on the open market
  • $55K sold by 1 insider outside a trading plan
  • None no planned (10b5-1) sales
  1. George R Krouse Jr. Director
    Sale
    $55K 300 shares at $182.67 3.4% of stake
    Traded Aug 17 Filed Aug 19
    ↗

Also filed in the last 12 months, not counted as buying or selling: 68 option exercises, 47 share withholdings for taxes, and 3 gifts.

Congress

5 members of Congress traded SBAC in the last three years: 4 buys and 6 sales. 3 members listed it in 2025 annual reports.

All Congress trades
  1. Gilbert Ray Cisneros, Jr. D-CA-31 Partial sale $1K–$15K Jan 9 filed Feb 13
  2. Gilbert Ray Cisneros, Jr. D-CA-31 Partial sale $1K–$15K Dec 19, 2025 filed Jan 12
  3. Gilbert Ray Cisneros, Jr. D-CA-31 Buy $1K–$15K Nov 12, 2025 filed Dec 15, 2025
  4. Lisa C. McClain R-MI-9Spouse Sell $1K–$15K Sep 25, 2025 filed Oct 22, 2025
  5. Lisa C. McClain R-MI-9Spouse Buy $1K–$15K Sep 11, 2025 filed Oct 22, 2025
  6. Jefferson Shreve R-IN-6 Sell $50K–$100K May 12, 2025 filed Jun 22, 2025

SEC filings

Recent issuer filings from EDGAR, 14 shown.

Filed Form Detail Links
8-K 2.03 Filing Doc
10-Q Filing Doc
8-K 2.02,9.01 Filing Doc
8-K 1.01,1.02,2.03,9.01 Filing Doc
8-K 8.01,9.01 Filing Doc
424B2 Filing Doc
8-K 1.01,9.01 Filing Doc
424B5 Filing Doc
8-K 5.07 Filing Doc
10-Q Filing Doc
SCHEDULE 13G — Filing Doc
SCHEDULE 13G — Filing Doc
8-K 2.02,9.01 Filing Doc
DEFA14A Filing Doc

Source: SEC EDGAR submissions, updated 11 days ago. All on EDGAR

Financials

US-GAAP annual figures by fiscal year, as tagged in Form 10-K. Each value links to its SEC filing.

Income statement

Metric FY2023 FY2024 FY2025
Revenue $194.65M $152.87M $244.5M
Gross profit $2.1B $2.1B $2.12B
Gross margin * 1078.3% 1372.4% 868.8%
Net income $0.502B $0.75B $1.05B
Net margin * 257.8% 490.3% 430.9%

Balance sheet

Metric FY2023 FY2024 FY2025
Total current assets $0.484B $1.98B $0.773B
Total non-current assets * $9.69B $9.44B $10.8B
Total assets $10.18B $11.42B $11.58B
Total current liabilities $1.36B $1.8B $2.68B
Total non-current liabilities $13.95B $14.68B $13.67B
Total equity -$5.17B -$5.11B -$4.85B

Cash flow

Metric FY2023 FY2024 FY2025
Cash from operations $1.54B $1.33B $1.29B
Cash from investing -$468.25M -$809.31M -$601.83M
Cash from financing -$1.02B $0.646B -$1.66B
Net change in cash $0.062B $1.15B -$0.964B

Source: SEC companyfacts (US-GAAP 10-K). A * marks a computed figure, not a single XBRL tag. Fiscal years are as the issuer labels them. Follow The Filings does not adjust or audit these figures.

Ownership over time

13Fs that reported it each quarter. Click a bar for that quarter’s holders.