SBA Communications Corporation (SBAC) Shareholders & Insider Trades
SBA Communications shareholders at a glance
The largest holder of SBA Communications stock is Dodge & Cox, with 12.3 million shares (11.62% of the company), worth about $2.34 billion as of September 25, 2026. The 10 largest holders together own 52.2%.
In Q2 2026, 710 institutional holdings reports listed shares worth $18.70 billion.
Insiders reported 76 transactions in the last two years: 5 sales worth $3.27 million and no purchases. The newest one on file is from May 13, 2026 (Krouse George R Jr, Director).
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026); insider transactions on file through May 13, 2026.
SBA Communications Corporation
Shareholders Summary
2026Q2
Ownership by Type
Geographic Distribution
Largest SBA Communications shareholders
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Dodge & Cox | 12.3 million | 11.62% | $2.3B |
| Vanguard Portfolio Management LLC | 9.8 million | 9.25% | $1.9B |
| BlackRock Advisors LLC | 8.3 million | 7.82% | $1.6B |
| Vanguard Capital Management LLC | 6.9 million | 6.54% | $1.3B |
| State Street Corporation | 5.1 million | 4.83% | $971.0M |
| Cohen & Steers Capital Management, Inc. | 3.2 million | 3.06% | $616.0M |
| Geode Capital Management LLC | 3.2 million | 2.99% | $602.0M |
| JPMorgan Investment Management, Inc. | 2.7 million | 2.55% | $513.0M |
| Invesco Advisers, Inc. | 1.9 million | 1.82% | $367.0M |
| DWS Investment Management Americas, Inc. | 1.8 million | 1.71% | $344.0M |
As of September 25, 2026.
SBA Communications institutional holdings by quarter
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 710 | – | $18.7B |
| Q1 2026 | 686 | 102.0 million | $17.6B |
| Q4 2025 | 702 | 103.0 million | $20.0B |
| Q3 2025 | 715 | 107.0 million | $20.7B |
| Q2 2025 | 733 | 106.0 million | $25.0B |
| Q1 2025 | 718 | 108.0 million | $23.9B |
| Q4 2024 | 692 | 107.0 million | $21.8B |
| Q3 2024 | 712 | 108.0 million | $26.0B |
Shares and value held by institutions that file quarterly holdings reports (options not included).
SBA Communications insider trades
| Insider | Date | Title | Transaction | Value |
|---|---|---|---|---|
| Krouse George R Jr | May 13, 2026 | Director | Conversion of Exercise of derivative security at price 212.31 per share. | $106,367 |
| Langer Jack | May 13, 2026 | Director | Conversion of Exercise of derivative security at price 212.31 per share. | $318,677 |
| Beebe Kevin L | May 13, 2026 | Director | Conversion of Exercise of derivative security at price 212.31 per share. | $318,677 |
| Bernstein Steven E | May 13, 2026 | Director | Conversion of Exercise of derivative security at price 212.31 per share. | $318,677 |
| Johnson Jay Lecoryelle | May 1, 2026 | Director | -- | – |
| Wilson Amy E. | May 1, 2026 | Director | -- | – |
| Bowen Laurie | May 1, 2026 | Director | -- | – |
| Stoops Jeffrey A | May 1, 2026 | Chairman of the Board | -- | – |
| Krouse George R Jr | May 1, 2026 | Director | -- | – |
| Chan Mary S | May 1, 2026 | Director | -- | – |
| Langer Jack | May 1, 2026 | Director | -- | – |
| Beebe Kevin L | May 1, 2026 | Director | -- | – |
Newest 12 of 76 insider transactions in the last two years.
Questions and answers
Who owns the most SBA Communications stock?
Dodge & Cox, with 11.62% of the company (as of September 25, 2026). Next: Vanguard Portfolio Management LLC (9.25%) and BlackRock Advisors LLC (7.82%).
How many institutions own SBA Communications stock?
710 institutional holdings reports listed SBA Communications shares in Q2 2026 worth $18.70 billion.
Are SBA Communications insiders buying or selling the stock?
In the last two years insiders reported 5 sales and no purchases (76 transactions in all); the newest on file is from May 13, 2026.
