Diamond Hill Capital's SBAC Position Overview
Diamond Hill Capital (via Diamond Hill Capital Management INC) currently holds 1.86 M shares of SBA Communications Corporation (SBAC) worth $358.73 M, representing 1.70% of the portfolio. First purchased in 2021-Q1, this medium-term investment has been held for 19 quarters.
Based on 13F filings, Diamond Hill Capital has maintained a strategic position in SBAC, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2024, adding 570,731 shares. Largest reduction occurred in Q2 2025, reducing 507,935 shares.
Analysis based on 13F filings available since 2013 Q2
Diamond Hill Capital's SBA Communications Corporation (SBAC) Holding Value Over Time
Track share changes against reported price movement
Quarterly SBA Communications Corporation (SBAC) Trades by Diamond Hill Capital
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2021 | +444,090 | New Buy | 444,090 | $277.55 |
| Q2 2021 | +40,576 | Add 9.14% | 484,666 | $318.70 |
| Q3 2021 | +1,454 | Add 0.30% | 486,120 | $330.57 |
| Q4 2021 | -43,770 | Reduce 9.00% | 442,350 | $389.02 |
| Q1 2022 | +239,531 | Add 54.15% | 681,881 | $344.10 |
| Q2 2022 | -79,187 | Reduce 11.61% | 602,694 | $320.05 |
| Q3 2022 | -13,457 | Reduce 2.23% | 589,237 | $284.65 |
| Q4 2022 | +2,869 | Add 0.49% | 592,106 | $280.31 |
| Q1 2023 | -14,689 | Reduce 2.48% | 577,417 | $261.07 |
| Q2 2023 | +189,017 | Add 32.73% | 766,434 | $231.76 |
| Q3 2023 | +226,113 | Add 29.50% | 992,547 | $200.17 |
| Q4 2023 | +177,410 | Add 17.87% | 1.17 M | $253.69 |
| Q1 2024 | +570,731 | Add 48.78% | 1.74 M | $216.70 |
| Q2 2024 | +233,179 | Add 13.40% | 1.97 M | $196.30 |
| Q3 2024 | -254,830 | Reduce 12.91% | 1.72 M | $240.70 |
| Q4 2024 | +142,054 | Add 8.26% | 1.86 M | $203.80 |
| Q1 2025 | +135,682 | Add 7.29% | 2 M | $220.01 |
| Q2 2025 | -507,935 | Reduce 25.44% | 1.49 M | $234.84 |
| Q3 2025 | +366,491 | Add 24.62% | 1.86 M | $193.35 |
Diamond Hill Capital's SBA Communications Corporation Investment FAQs
Diamond Hill Capital first purchased SBA Communications Corporation (SBAC) in Q1 2021, acquiring 444,090 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Diamond Hill Capital has held SBA Communications Corporation (SBAC) for 19 quarters since Q1 2021.
Diamond Hill Capital's largest addition to SBA Communications Corporation (SBAC) was in Q1 2024, adding 1,740,688 shares worth $377.21 M.
According to the latest 13F filing for Q3 2025, Diamond Hill Capital's firm, Diamond Hill Capital Management INC, owns 1,855,329 shares of SBA Communications Corporation (SBAC), valued at approximately $358.73 M.
As of the Q3 2025 filing, SBA Communications Corporation (SBAC) represents approximately 1.70% of Diamond Hill Capital's publicly disclosed stock portfolio, making it one of their key holdings.
Diamond Hill Capital's peak holding in SBA Communications Corporation (SBAC) was 1,996,773 shares, as reported at the end of Q1 2025.