CBRE GROUP INC CBRE
CL A · Common Stock · CUSIP 12504L109 · ISIN US12504L1098
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($188.9m this quarter). Holder counts are more reliable. Shares outstanding: 292.8m as of 2026-04-21, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $135.40. Options: 18 managers hold calls ($51.2m notional), 16 hold puts ($65.0m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 700 |
| Q4 2022 | 702 |
| Q1 2023 | 708 |
| Q2 2023 | 705 |
| Q3 2023 | 697 |
| Q4 2023 | 763 |
| Q1 2024 | 796 |
| Q2 2024 | 783 |
| Q3 2024 | 867 |
| Q4 2024 | 946 |
| Q1 2025 | 990 |
| Q2 2025 | 1,015 |
| Q3 2025 | 1,062 |
| Q4 2025 | 1,112 |
| Q1 2026 | 1,082 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 402 | 335 |
| Q3 2024 | 448 | 347 |
| Q4 2024 | 446 | 391 |
| Q1 2025 | 464 | 447 |
| Q2 2025 | 471 | 481 |
| Q3 2025 | 520 | 433 |
| Q4 2025 | 519 | 460 |
| Q1 2026 | 496 | 571 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $52.6m | $21.6m | 0.41 |
| Q3 2025 | $76.2m | $43.8m | 0.57 |
| Q4 2025 | $49.3m | $29.0m | 0.59 |
| Q1 2026 | $51.2m | $65.0m | 1.27 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +3.4m |
| Swedbank AB | Added | +1.4m |
| JONES FINANCIAL COMPANIES LLLP | Added | +1.1m |
| JPMORGAN CHASE & CO | Added | +976.8k |
| GOLDMAN SACHS GROUP INC | Added | +922.2k |
| GOLDENTREE ASSET MANAGEMENT LP | New | +718.6k |
| CITADEL ADVISORS LLC | Added | +713.2k |
| JANUS HENDERSON GROUP PLC | Added | +711.4k |
| SG Americas Securities, LLC | Added | +546.2k |
| SAMLYN CAPITAL, LLC | New | +544.7k |
Biggest sellers
| FMR LLC | Reduced | -4.6m |
| Alphinity Investment Management Pty Ltd | Reduced | -1.8m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -1.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -803.3k |
| Invesco Ltd. | Reduced | -746.7k |
| AGF MANAGEMENT LTD | Reduced | -732.1k |
| HSBC HOLDINGS PLC | Reduced | -719.9k |
| OMERS ADMINISTRATION Corp | Reduced | -549.3k |
| Cantillon Capital Management LLC | Reduced | -528.6k |
| Findlay Park Partners LLP | Sold out | -517.9k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $11.8m87.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.6m63.6k shares |
| CITADEL ADVISORS LLC | Added | $8.1m59.6k shares |
| IMC-Chicago, LLC | Added | $5.9m43.4k shares |
| Squarepoint Ops LLC | New | $4.0m29.8k shares |
| Walleye Trading LLC | Reduced | $3.5m26.2k shares |
| MILLENNIUM MANAGEMENT LLC | New | $3.1m22.9k shares |
| Jefferies Financial Group Inc. | New | $1.8m13.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.3m9.4k shares |
| Greenland Capital Management LP | New | $948.2k7.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $22.9m169.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.6m92.7k shares |
| IMC-Chicago, LLC | Added | $8.0m58.7k shares |
| CITADEL ADVISORS LLC | Added | $5.8m43.1k shares |
| GOLDMAN SACHS GROUP INC | New | $3.0m22.5k shares |
| JPMORGAN CHASE & CO | Reduced | $3.0m22.5k shares |
| BAYVIEW ASSET MANAGEMENT, LLC | New | $2.7m20.0k shares |
| Walleye Trading LLC | Added | $1.6m11.9k shares |
| SIMPLEX TRADING, LLC | Added | $1.5m11.0k shares |
| GROUP ONE TRADING LLC | Reduced | $988.9k7.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 1 | $886.4k | $886.4k |
| Q3 2024 | 1 | $242.1k | 5 | $3.1m | $1.6m |
| Q4 2024 | 0 | — | 4 | $2.9m | $1.8m |
| Q1 2025 | 0 | — | 2 | $367.0k | $367.0k |
| Q2 2025 | 0 | — | 3 | $814.1k | $814.1k |
| Q3 2025 | 0 | — | 3 | $857.6k | $857.6k |
| Q4 2025 | 0 | — | 1 | $152.4k | $152.4k |
| Q1 2026 | 0 | — | 2 | $1.4m | $1.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-12 | Doellinger Chad J Chief Legal & Admin. Officer | Sold plan | $15.1k116 shares |
| 2026-03-11 | Doellinger Chad J Chief Legal & Admin. Officer | Sold plan | $62.9k471 shares |
| 2026-02-26 | Giamartino Emma E. CFO & Chief Investment Officer | Sold plan | $1.4m9.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.07% of their portfolio | 27.8m $3.8bn | Added +77.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.18% of their portfolio | 25.8m $3.5bn | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 19.1m $2.6bn | First filing |
| STATE STREET CORP 0.07% of their portfolio | 14.0m $1.9bn | Added +168.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.71% of their portfolio | 9.9m $1.3bn | Added +302.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 8.6m $1.2bn | Added +153.7k |
| HARRIS ASSOCIATES L P 1.16% of their portfolio | 6.4m $869.9m | Reduced -506.4k |
| MORGAN STANLEY 0.05% of their portfolio | 6.3m $852.6m | Reduced -397.0k |
| Invesco Ltd. 0.07% of their portfolio | 5.3m $718.6m | Reduced -746.7k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 5.2m $689.5m | Added +976.8k |
| FMR LLC 0.03% of their portfolio | 4.6m $628.2m | Reduced -4.6m |
| MILLENNIUM MANAGEMENT LLC 0.44% of their portfolio | 4.3m $581.7m | Added +3.4m |
| Artisan Partners Limited Partnership 0.87% of their portfolio | 4.0m $536.2m | Added +50.7k |
| Cantillon Capital Management LLC 3.54% of their portfolio | 3.9m $532.6m | Reduced -528.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.17% of their portfolio | 3.7m $498.2m | Reduced -803.3k |
| NORTHERN TRUST CORP 0.06% of their portfolio | 3.4m $466.2m | Reduced -245.6k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 3.4m $457.6m | Reduced -133.5k |
| EARNEST PARTNERS LLC 1.63% of their portfolio | 2.9m $395.8m | Reduced -158.8k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 2.9m $395.6m | Added +922.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 2.9m $395.4m | Added +459.9k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 2.9m $392.4m | Added +159.5k |
| Robeco Institutional Asset Management B.V. 0.52% of their portfolio | 2.7m $363.8m | Added +228.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 2.7m $363.7m | Added +45.4k |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 2.6m $351.4m | Reduced -365.4k |
| Swedbank AB 0.37% of their portfolio | 2.6m $348.3m | Added +1.4m |
| BAILLIE GIFFORD & CO 0.34% of their portfolio | 2.5m $337.0m | Reduced -199.0k |
| SEI INVESTMENTS CO 0.27% of their portfolio | 2.2m $295.5m | Added +175.3k |
| Legal & General Group Plc 0.07% of their portfolio | 2.2m $292.0m | Added +35.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 2.0m $267.7m | Added +55.4k |
| Nuveen, LLC 0.07% of their portfolio | 1.9m $262.4m | Added +148.8k |
| Amundi 0.07% of their portfolio | 1.9m $258.2m | Added +205.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.23% of their portfolio | 1.9m $254.2m | Added +53.9k |
| APG Asset Management N.V. 0.69% of their portfolio | 1.8m $217.1m | Added +252.2k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 1.8m $246.7m | Added +96.7k |
| Allspring Global Investments Holdings, LLC 0.37% of their portfolio | 1.6m $221.6m | Added +238.8k |
| VANGUARD FIDUCIARY TRUST CO 0.06% of their portfolio | 1.6m $222.7m | First filing |
| Assenagon Asset Management S.A. 0.34% of their portfolio | 1.6m $211.5m | Added +292.4k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 1.5m $200.4m | Reduced -129.8k |
| Rathbones Group PLC 0.40% of their portfolio | 1.4m $194.8m | Added +346.0k |
| PARNASSUS INVESTMENTS, LLC 0.56% of their portfolio | 1.4m $189.9m | Reduced -292.1k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 1.3m $208.2m | Reduced -174.3k |
| NATIXIS ADVISORS, LLC 0.24% of their portfolio | 1.3m $172.0m | Reduced -59.2k |
| Alphinity Investment Management Pty Ltd 2.95% of their portfolio | 1.2m $167.3m | Reduced -1.8m |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 1.2m $157.4m | Added +711.4k |
| LAZARD ASSET MANAGEMENT LLC 0.25% of their portfolio | 1.1m $152.5m | Reduced -4.3k |
| JONES FINANCIAL COMPANIES LLLP 0.07% of their portfolio | 1.1m $144.6m | Added +1.1m |
| BAMCO INC /NY/ 0.44% of their portfolio | 1.1m $145.5m | Reduced -284.9k |
| Qube Research & Technologies Ltd 0.20% of their portfolio | 1.0m $139.1m | Reduced -268.2k |
| LONDON CO OF VIRGINIA 0.83% of their portfolio | 995.4k $134.8m | Reduced -100.8k |
| Evercore Wealth Management, LLC 2.10% of their portfolio | 987.1k $133.7m | Reduced -9.9k |
| Caisse de depot et placement du Quebec 0.21% of their portfolio | 947.2k $128.3m | Added +204.7k |
| UBS Group AG 0.02% of their portfolio | 922.7k $125.0m | Added +202.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 910.8k $123.4m | Added +142.6k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 895.2k $121.3m | Added +43.3k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 890.2k $120.6m | Added +713.2k |
| Gallagher Fiduciary Advisors, LLC 4.65% of their portfolio | 883.9k $119.7m | Reduced -10.7k |
| Swiss National Bank 0.07% of their portfolio | 873.3k $118.3m | Added +57.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 836.0k $113.3m | Added +24.9k |
| BARCLAYS PLC 0.04% of their portfolio | 809.7k $109.7m | Added +27.8k |
| Thrivent Financial for Lutherans 0.21% of their portfolio | 802.5k $108.7m | Added +160.3k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 783.6k $106.1m | Reduced -212.0k |
| MENORA MIVTACHIM HOLDINGS LTD. 0.50% of their portfolio | 776.7k $105.2m | Unchanged |
| MANNING & NAPIER ADVISORS LLC 1.41% of their portfolio | 740.2k $100.3m | Reduced -65.1k |
| COOKE & BIELER LP 1.13% of their portfolio | 739.8k $100.2m | Added +96.2k |
| PARK PRESIDIO CAPITAL LLC 6.93% of their portfolio | 729.6k $98.8m | Added +140.7k |
| GOLDENTREE ASSET MANAGEMENT LP 5.76% of their portfolio | 718.6k $97.2m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 709.3k $96.1m | Reduced -37.8k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 677.4k $91.7m | Reduced -719.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 671.6k $91.0m | Added +45.3k |
| DF DENT & CO INC 1.71% of their portfolio | 657.5k $89.1m | Reduced -203.2k |
| ATALANTA SOSNOFF CAPITAL, LLC 1.90% of their portfolio | 654.5k $88.7m | Reduced -116.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 649.8k $88.0m | Reduced -8.2k |
| SG Americas Securities, LLC 0.10% of their portfolio | 641.7k $86.9m | Added +546.2k |
| Vanguard Global Advisers, LLC 0.05% of their portfolio | 636.3k $86.2m | First filing |
| LORD, ABBETT & CO. LLC 0.27% of their portfolio | 610.2k $82.7m | Added +129.6k |
| National Pension Service 0.06% of their portfolio | 574.0k $77.8m | Added +6.9k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 559.3k $75.8m | Added +4.7k |
| Alyeska Investment Group, L.P. 0.21% of their portfolio | 555.3k $75.2m | Added +388.9k |
| SAMLYN CAPITAL, LLC 1.27% of their portfolio | 544.7k $73.8m | New |
| JANE STREET GROUP, LLC 0.08% of their portfolio | 537.9k $72.9m | Added +494.1k |
| California Public Employees Retirement System 0.04% of their portfolio | 524.0k $71.0m | Reduced -15.9k |
| FEDERATED HERMES, INC. 0.12% of their portfolio | 522.7k $70.8m | Added +1.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.06% of their portfolio | 521.3k $69.1m | Added +155.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.06% of their portfolio | 515.9k $69.9m | First filing |
| Man Group plc 0.14% of their portfolio | 514.7k $69.7m | Reduced -165.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 501.0k $67.9m | Reduced -104.3k |
| TUDOR INVESTMENT CORP ET AL 0.36% of their portfolio | 500.1k $67.7m | Added +432.0k |
| Hosking Partners LLP 2.38% of their portfolio | 490.5k $66.4m | Reduced -70.4k |
| BROWN BROTHERS HARRIMAN & CO 0.36% of their portfolio | 490.4k $66.4m | Reduced -103.0k |
| Clearbridge Investments, LLC 0.06% of their portfolio | 489.0k $66.2m | Reduced -49.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 471.9k $63.9m | Reduced -9.3k |
| TimesSquare Capital Management, LLC 1.06% of their portfolio | 462.7k $62.7m | Added +60.1k |
| Balyasny Asset Management L.P. 0.12% of their portfolio | 456.3k $61.8m | Added +234.9k |
| COMMERCE BANK 0.29% of their portfolio | 437.7k $59.3m | Added +7.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.08% of their portfolio | 437.5k $59.3m | Reduced -3.4k |
| CITIGROUP INC 0.04% of their portfolio | 435.2k $59.0m | Added +193.4k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.23% of their portfolio | 433.2k $58.7m | Reduced -183.5k |
| PFA Pension, Forsikringsaktieselskab 0.18% of their portfolio | 431.9k $58.5m | Reduced -346 |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 424.1k $57.5m | Added +375.7k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 423.1k $57.2m | Added +37.6k |