When did SBAC join the S&P 500?

SBA Communications joined the S&P 500 index on 2017-09-01.

What sector is SBAC in?

SBAC is in the Real Estate sector, Telecom Tower REITs industry.

SBAC — SBA Communications

Name: SBAC Institutional Holdings (13F) — 2026Q1
Creator: SEC EDGAR
License: https://www.sec.gov/data

Telecom Tower REITs · Real Estate

Key Facts

Status	Active
Sector	Real Estate
Industry	Telecom Tower REITs
Joined	2017-09-01
Tenure	8 yrs

SBA Communications owns a portfolio of approximately 46,000 wireless towers across North America, South America, and Africa. The company leases space on its towers to wireless service providers, which install equipment to support their wireless networks. Its customer base is highly concentrated, with the majority of revenue in each market coming from the top three or four mobile carriers. SBA operates more than 17,000 towers in the United States, representing approximately 70% of its leasing revenue. Internationally, its largest markets are Brazil and Guatemala, with approximately 12,000 and 5,000 towers, respectively. SBA Communications operates as a real estate investment trust (REIT).

Industry Peers

AMT CCI

Sector Peers

AMT ARE AVB BXP CBRE CCI CPT CSGP DLR DOC

S&P 500 Timeline

2017-09-01Joined S&P 500

Institutional Holdings (13F)

673 institutions hold SBAC, totaling 121.0M shares ($20.4B) · As of 2026Q1

Rank	Institution	Shares	Value
1	VANGUARD CAPITAL MANAGEMENT LLC	13.8M	$2.4B
2	Dodge & Cox	12.1M	$2.1B
3	BlackRock, Inc.	10.1M	$1.7B
4	VANGUARD PORTFOLIO MANAGEMENT LLC	9.7M	$1.7B
5	BARCLAYS PLC	4.2M	$930M
6	STATE STREET CORP	5.0M	$854M
7	MORGAN STANLEY	3.8M	$721M
8	JPMORGAN CHASE & CO	3.9M	$665M
9	GEODE CAPITAL MANAGEMENT, LLC	3.1M	$540M
10	GOLDMAN SACHS GROUP INC	2.2M	$402M

View all holders →

Data source: Wikipedia · CC BY-SA 4.0 · SEC EDGAR 13F · Updated 2026-07-10