Cohen & Steers, Inc. filed a Schedule 13G with the SEC on November 13, 2026, disclosing beneficial ownership of 6,388,127 shares of SBA Communications Corp common stock as of September 30, 2026, representing 6.02% of the class.

Key Highlights

  • Aggregate beneficial ownership: Cohen & Steers, Inc. reported beneficial ownership of 6,388,127 shares of SBA Communications Corp common stock, equal to 6.02% of the class.
  • Voting power: Cohen & Steers, Inc. holds sole voting power over 5,681,007 shares and sole dispositive power over 6,388,127 shares, with no shared voting or dispositive power reported.
  • Subsidiary breakdown: Cohen & Steers Capital Management, Inc. reported beneficial ownership of 6,294,817 shares (5.93%); Cohen & Steers UK Limited reported 71,633 shares (0.07%); Cohen & Steers Ireland Limited reported 21,677 shares (0.02%).
  • Event date: The date of the event requiring this filing is stated as September 30, 2026.
  • Parent-subsidiary structure: According to the filing, Cohen & Steers, Inc. holds a 100% interest in Cohen & Steers Capital Management, Inc., Cohen & Steers UK Limited, Cohen & Steers Asia Limited, and Cohen & Steers Ireland Limited.
  • Account holder benefit: The filing states that the subsidiaries hold the securities for the benefit of their respective account holders, who retain rights to dividends and sale proceeds.

Cohen & Steers Discloses Cross-Entity SBA Communications Holdings as of September 30, 2026

Cohen & Steers, Inc., a Delaware corporation headquartered at 1166 Avenue of the Americas, 30th Floor, New York, NY 10036, filed a Schedule 13G disclosing its position in SBA Communications Corp (CUSIP 78410G104), a tower company based at 8051 Congress Avenue, Boca Raton, FL. The filing covers shares of SBA Communications Corp common stock and was signed by Nargis Hilal, SVP, Global Chief Compliance Officer and Associate General Counsel, on behalf of the reporting entities.

At the consolidated level, Cohen & Steers, Inc. reported aggregate beneficial ownership of 6,388,127 shares, representing 6.02% of the class, with sole voting power over 5,681,007 shares and sole dispositive power over all 6,388,127 shares. The largest individual subsidiary position belongs to Cohen & Steers Capital Management, Inc., a New York corporation, which reported 6,294,817 shares beneficially owned (5.93%), including sole voting power over 5,602,876 shares. Cohen & Steers UK Limited, organized in the United Kingdom, reported 71,633 shares (0.07%) with sole voting power over 56,454 shares. Cohen & Steers Ireland Limited, organized in Ireland, reported 21,677 shares (0.02%) with sole voting power over 2,300 shares. Cohen & Steers Asia Limited, organized in Hong Kong, reported zero shares beneficially owned.

The filing states that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." Each subsidiary is described as holding the securities on behalf of its respective account holders, who retain the right to receive dividends and proceeds from sales.

What Was Disclosed

Cohen & Steers, Inc. and four subsidiaries filed a Schedule 13G reporting combined beneficial ownership of 6,388,127 shares of SBA Communications Corp common stock, equal to 6.02% of the class, as of September 30, 2026, held in the ordinary course of business for client accounts.