SBA COMMUNICATIONS CORP NEW

Ticker: SBAC CUSIP: 78410G104 Class: CL A

ThornTree Capital Partners LP's Holding History (CIK: 0001688511)

Note: Option positions (PUT/CALL) are excluded.

Q3 2018

Shares 119,748 Value ($000) $19,235 Avg Close $147.24 Range $141.56 - $154.63

Q2 2018

Shares 101,148 Value ($000) $16,702 Avg Close $149.04 Range $139.70 - $160.58

Q1 2018

Shares 97,048 Value ($000) $16,587 Avg Close $153.09 Range $139.87 - $164.11

Q4 2017

Shares 97,148 Value ($000) $15,870 Avg Close $146.73 Range $131.45 - $160.69

Q3 2017

Shares 85,548 Value ($000) $12,323 Avg Close $131.50 Range $123.10 - $142.90

Q2 2017

Shares 73,948 Value ($000) $9,976 Avg Close $120.02 Range $109.54 - $129.66

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	119,748	$19,235	$147.24	$141.56 - $154.63
Q2 2018	101,148	$16,702	$149.04	$139.70 - $160.58
Q1 2018	97,048	$16,587	$153.09	$139.87 - $164.11
Q4 2017	97,148	$15,870	$146.73	$131.45 - $160.69
Q3 2017	85,548	$12,323	$131.50	$123.10 - $142.90
Q2 2017	73,948	$9,976	$120.02	$109.54 - $129.66