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
- 12
- Reported value
- $3.0bn
- Buyers
- 19
- Sellers
- 15
Breadth +4 among 91 comparable managers.
Welltower Inc
- Holders
- 22
- Reported value
- $18.2bn
- Buyers
- 24
- Sellers
- 12
Breadth +12 among 91 comparable managers.
Who holds both, Q1 2026
Both (4)
ExodusPoint Capital Management LP, Hudson Bay Capital Management LP, Invesco Ltd, Woodline Partners LP
Only SBAC (8)
Acadian Asset Management LLC, Arrowstreet Capital LP, Brevan Howard Capital Management LP, Dodge & Cox, Schonfeld Strategic Advisors LLC, Tudor Investment Corp, Two Sigma Investments LP, Walleye Capital LLC
Only WELL (18)
AllianceBernstein LP, Balyasny Asset Management LLC, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., Farallon Capital Management LLC, Fidelity (FMR LLC), GAMCO Investors Inc, Holocene Advisors LP, Janus Henderson Group Ltd, Marshall Wace LLP, Neuberger Berman Group LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Verition Fund Management LLC, Voloridge Investment Management LLC, Wellington Management Group LLP
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.