L3VLUP
Quarter end
31 Mar 2024
the date the book describes
Filed
14 Nov 2024
latest of these filings; the earliest 9 May 2024
Managers listing it
23
at least, of 95 tracked, among listed positions
Comparable managers
93
filed both Q4 2023 and Q1 2024; 15 listed it in both
Shares listed
10,998,116
combined, among listed positions
Reported value
$2.4bn
combined, at the quarter end

Among the 93 comparable managers: 16 buyers (opened or added shares) and 8 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing SBAC in Q1 2024

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2023, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

23 of 23 holders

ActionFiling
MFS Investment Management1,978,213$429m0.13%Added+20,05714 May 2024 (the filing on sec.gov)
Citadel Advisors LLC1,635,536$354m0.07%Trimmed-1,017,33015 May 2024 (the filing on sec.gov)
Millennium Management LLC1,400,253$303m0.13%Added+319,75415 May 2024 (the filing on sec.gov)
Invesco Ltd1,376,931$298m0.06%Trimmed-723,92714 May 2024 (the filing on sec.gov)
T. Rowe Price Associates Inc986,487$214munder 0.1%Added+33,50715 May 2024 (the filing on sec.gov)
D. E. Shaw & Co.588,209$127m0.11%Added+384,81915 May 2024 (the filing on sec.gov)
Neuberger Berman Group LLC525,615$114m0.09%Trimmed-43,32414 Nov 2024 (the filing on sec.gov)
Man Group PLC477,842$104m0.26%Addedn.a.15 May 2024 (the filing on sec.gov)
Point72 Asset Management LP416,600$90m0.22%Addedn.a.15 May 2024 (the filing on sec.gov)
Renaissance Technologies LLC226,649$49m0.08%Newnew13 May 2024 (the filing on sec.gov)
Janus Henderson Group Ltd224,985$49munder 0.1%Addedn.a.15 May 2024 (the filing on sec.gov)
Marshall Wace LLP209,200$45m0.07%Newnew15 May 2024 (the filing on sec.gov)
Tudor Investment Corp189,286$41m0.26%Addedn.a.15 May 2024 (the filing on sec.gov)
Akre Capital Management LLC180,629$39m0.32%Held013 May 2024 (the filing on sec.gov)
Two Sigma Investments LP158,626$34m0.08%Newnew15 May 2024 (the filing on sec.gov)
Verition Fund Management LLC133,077$29m0.20%Added+107,04314 May 2024 (the filing on sec.gov)
Voloridge Investment Management LLC109,264$24m0.09%Newnew15 May 2024 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC94,590$20m0.14%Trimmed-114,04215 May 2024 (the filing on sec.gov)
ExodusPoint Capital Management LP48,061$10m0.08%Trimmed-55,18614 May 2024 (the filing on sec.gov)
Holocene Advisors LP23,178$5.0munder 0.1%Added+7,31315 May 2024 (the filing on sec.gov)
Brevan Howard Capital Management LP8,400$1.8munder 0.1%Added+5,72215 May 2024 (the filing on sec.gov)
Moore Capital Management LP5,632$1.2munder 0.1%Trimmed-13,84815 May 2024 (the filing on sec.gov)
First Eagle Investment Management LLC853$185kunder 0.1%Added+79 May 2024 (the filing on sec.gov)

Largest increases and reductions, by shares

Q4 2023 to Q1 2024, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
21 in Q3 2024 to 10 in Q2 2026

Tracked managers listing it, at least.

01020302017201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SBAC by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20161$50mn.a.n.a.
Q1 201718$2.3bnn.a.n.a.
Q2 201716$2.0bnn.a.n.a.
Q3 201717$1.7bnn.a.n.a.
Q4 201717$2.0bnn.a.n.a.
Q1 201821$2.5bnn.a.n.a.
Q2 201816$2.4bnn.a.n.a.
Q3 201820$2.1bnn.a.n.a.
Q4 201818$2.0bnn.a.n.a.
Q1 201915$2.3bnn.a.n.a.
Q2 201919$3.0bnn.a.n.a.
Q3 201925$3.6bnn.a.n.a.
Q4 201923$3.5bnn.a.n.a.
Q1 202028$4.3bnn.a.n.a.
Q2 202030$4.9bnn.a.n.a.
Q3 202023$5.0bnn.a.n.a.
Q4 202023$5.0bnn.a.n.a.
Q1 202118$4.4bnn.a.n.a.
Q2 202126$4.8bnn.a.n.a.
Q3 202122$4.8bnn.a.n.a.
Q4 202127$5.5bnn.a.n.a.
Q1 202219$4.6bnn.a.n.a.
Q2 202218$4.8bnn.a.n.a.
Q3 202219$4.3bnn.a.n.a.
Q4 202222$4.3bnn.a.n.a.
Q1 202324$2.9bnn.a.n.a.
Q2 202322$2.4bnn.a.n.a.
Q3 202321$2.0bnn.a.n.a.
Q4 202320$2.8bn129
Q1 202423$2.4bn168
Q2 202421$2.0bn156
Q3 202421$2.6bn1211
Q4 202419$2.8bn913
Q1 202519$3.3bn128
Q2 202514$3.0bn88
Q3 202512$2.5bn113
Q4 202510$3.2bn1714
Q1 202612$3.0bn1915
Q2 202610$2.9bn1619

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

SBAC and WELL →SBAC and EQIX →SBAC and PLD →Choose a stock to compare with SBAC →

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. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own SBAC, latest filings →Back to the 13F Explorer →