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
- 14
- Reported value
- $3.0bn
- Buyers
- 8
- Sellers
- 8
Breadth 0 among 95 comparable managers.
Welltower Inc
- Holders
- 25
- Reported value
- $10.4bn
- Buyers
- 15
- Sellers
- 9
Breadth +6 among 95 comparable managers.
Who holds both, Q2 2025
Both (7)
AQR Capital Management LLC, Balyasny Asset Management LLC, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Invesco Ltd, Janus Henderson Group Ltd, Neuberger Berman Group LLC
Only SBAC (7)
Arrowstreet Capital LP, Dodge & Cox, Holocene Advisors LP, Man Group PLC, MFS Investment Management, Verition Fund Management LLC, Winton Group Ltd
Only WELL (18)
Acadian Asset Management LLC, AllianceBernstein LP, Artisan Partners LP, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Marshall Wace LLP, Point72 Asset Management LP, Quantbot Technologies LP, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Wellington Management Group LLP, Woodline Partners LP
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.