SBA Communications Corp
Ownership
Ownership Structure
Who owns SBA Communications Corp (SBAC)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 99.3% of the shares are freely tradable; institutional investors hold 100.7%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Dodge & Cox | 11.62 | 12,323,254 | +2.0 | 06/30/2026 |
| BlackRock Inc | 9.56 | 10,138,749 | +0.2 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 9.25 | 9,817,059 | +1.1 | 06/30/2026 |
| Vanguard Capital Management, LLC | 6.54 | 6,936,972 | +0.2 | 06/30/2026 |
| State Street Corp | 4.83 | 5,119,264 | +3.2 | 06/30/2026 |
| Cohen & Steers Inc | 3.06 | 3,247,729 | +3.7 | 06/30/2026 |
| Geode Capital Management, LLC | 2.99 | 3,175,913 | +0.8 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Dodge & Cox Stock I | 7.64 | 8,100,200 | +4.4 | 09/30/2026 |
| Vanguard Real Estate Index Investor | 3.79 | 4,016,379 | +0.7 | 09/30/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 3.19 | 3,379,443 | +0.3 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Day Donald | EVP - SITE LEASING | 9,992 | 1,847,584 $ | Aug 1, 2026 | direct |
| Krouse George R Jr | Director | 8,512 | 1,573,801 $ | Aug 17, 2026 | direct |
| Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | 7,159 | 1,323,713 $ | Oct 17, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 17, 2026 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Other | 625 | 187.06 | 116,913 |
| Oct 17, 2026 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Other | 1,588 | 0.00 | – |
| Aug 17, 2026 | Krouse George R Jr | Director | Sell | 300 | 182.67 | 54,802 |
| Aug 1, 2026 | Day Donald | EVP - SITE LEASING | Other | 171 | 180.98 | 30,948 |
| Aug 1, 2026 | Day Donald | EVP - SITE LEASING | Other | 457 | 0.00 | – |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: November 2, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.