Holders over time
- SBAC
- WELL
| Quarter | SBAC | WELL |
|---|---|---|
| Q3 2020 | 23 holders, $5.0bn | 8 holders, $1.3bn |
| Q4 2020 | 23 holders, $5.0bn | 8 holders, $2.3bn |
| Q1 2021 | 18 holders, $4.4bn | 6 holders, $2.8bn |
| Q2 2021 | 26 holders, $4.8bn | 7 holders, $3.8bn |
| Q3 2021 | 22 holders, $4.8bn | 8 holders, $4.0bn |
| Q4 2021 | 27 holders, $5.5bn | 11 holders, $3.9bn |
| Q1 2022 | 19 holders, $4.6bn | 12 holders, $5.3bn |
| Q2 2022 | 18 holders, $4.8bn | 15 holders, $5.0bn |
| Q3 2022 | 19 holders, $4.3bn | 14 holders, $4.0bn |
| Q4 2022 | 22 holders, $4.3bn | 12 holders, $3.6bn |
| Q1 2023 | 24 holders, $2.9bn | 9 holders, $4.1bn |
| Q2 2023 | 22 holders, $2.4bn | 8 holders, $4.7bn |
| Q3 2023 | 21 holders, $2.0bn | 9 holders, $5.0bn |
| Q4 2023 | 20 holders, $2.8bn | 12 holders, $4.3bn |
| Q1 2024 | 23 holders, $2.4bn | 15 holders, $4.6bn |
| Q2 2024 | 21 holders, $2.0bn | 16 holders, $5.0bn |
| Q3 2024 | 21 holders, $2.6bn | 18 holders, $7.1bn |
| Q4 2024 | 19 holders, $2.8bn | 16 holders, $7.0bn |
| Q1 2025 | 19 holders, $3.3bn | 21 holders, $9.6bn |
| Q2 2025 | 14 holders, $3.0bn | 25 holders, $10.4bn |
| Q3 2025 | 12 holders, $2.5bn | 22 holders, $13.2bn |
| Q4 2025 | 10 holders, $3.2bn | 19 holders, $14.8bn |
| Q1 2026 | 12 holders, $3.0bn | 22 holders, $18.2bn |
| Q2 2026 | 10 holders, $2.9bn | 21 holders, $21.3bn |
Sba Communications Corp
- Holders
- 20
- Reported value
- $2.8bn
- Buyers
- 12
- Sellers
- 9
Breadth +3 among 93 comparable managers.
Welltower Inc
- Holders
- 12
- Reported value
- $4.3bn
- Buyers
- 7
- Sellers
- 5
Breadth +2 among 93 comparable managers.
Who holds both, Q4 2023
Both (7)
AllianceBernstein LP, Bridgewater Associates LP, D. E. Shaw & Co., Invesco Ltd, Neuberger Berman Group LLC, Quantbot Technologies LP, T. Rowe Price Associates Inc
Only SBAC (13)
Akre Capital Management LLC, Brevan Howard Capital Management LP, Capital Research Global Investors, Citadel Advisors LLC, ExodusPoint Capital Management LP, First Eagle Investment Management LLC, Holocene Advisors LP, Hudson Bay Capital Management LP, MFS Investment Management, Millennium Management LLC, Moore Capital Management LP, Schonfeld Strategic Advisors LLC, Verition Fund Management LLC
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.