TCW Global Real Estate Fund’s third-quarter 2025 investor letter revealed a +2.37% return for the fund (I Share) compared to +4.50% for the S&P Global REIT Index. Overweight allocation in Diversified Real Estate Activities positively impacted relative performance, while Telecom Tower REITs had a negative effect. Check the fund’s top five holdings for insights.

In the same investor letter, TCW Global Real Estate Fund highlighted SBA Communications Corporation (NASDAQ: SBAC), an independent owner and operator of wireless communications infrastructure. SBA Communications Corporation (NASDAQ: SBAC) saw a 2.14% one-month return and lost 5.27% over the last 52 weeks. On December 26, 2025, its stock closed at $192.60 per share with a $20.524 billion market capitalization.

TCW Global Real Estate Fund reported that SBA Communications Corporation (NASDAQ: SBAC) and American Tower Corporation (AMT) were the two worst performing securities in the third quarter of 2025, both falling in the Telecom Tower REITs category.

SBA Communications Corporation (NASDAQ: SBAC) is not among the 30 most popular stocks among hedge funds. Despite holding by 35 hedge fund portfolios at the end of the third quarter, down from 41 in the previous quarter, there are AI stocks with more upside potential and less downside risk. Explore undervalued AI stocks in a free report for potential investment opportunities.

Read more at Yahoo Finance: Here’s Why SBA Communications (SBAC) Has Promising Organic Growth Prospects