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
- 23
- Reported value
- $2.4bn
- Buyers
- 16
- Sellers
- 8
Breadth +8 among 93 comparable managers.
Welltower Inc
- Holders
- 15
- Reported value
- $4.6bn
- Buyers
- 9
- Sellers
- 7
Breadth +2 among 93 comparable managers.
Who holds both, Q1 2024
Both (9)
D. E. Shaw & Co., ExodusPoint Capital Management LP, Invesco Ltd, Janus Henderson Group Ltd, Marshall Wace LLP, Moore Capital Management LP, Neuberger Berman Group LLC, Renaissance Technologies LLC, T. Rowe Price Associates Inc
Only SBAC (14)
Akre Capital Management LLC, Brevan Howard Capital Management LP, Citadel Advisors LLC, First Eagle Investment Management LLC, Holocene Advisors LP, Man Group PLC, MFS Investment Management, Millennium Management LLC, Point72 Asset Management LP, Schonfeld Strategic Advisors LLC, Tudor Investment Corp, Two Sigma Investments LP, Verition Fund Management LLC, Voloridge Investment 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.