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 ($192.3m this quarter). Holder counts are more reliable. Shares outstanding: 289.6m as of 2026-07-27, 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 ≈ $134.67. Options: 19 managers hold calls ($169.8m notional), 14 hold puts ($90.5m).
Trends to Q2 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 |
| Q2 2026 | 1,071 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 506 | 523 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $76.2m | $43.8m | 0.57 |
| Q4 2025 | $49.3m | $29.0m | 0.59 |
| Q1 2026 | $51.2m | $65.0m | 1.27 |
| Q2 2026 | $169.8m | $90.5m | 0.53 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +1.8m |
| CITADEL ADVISORS LLC | Added | +1.7m |
| D. E. Shaw & Co., Inc. | Added | +1.6m |
| JANE STREET GROUP, LLC | Added | +1.6m |
| MARSHALL WACE, LLP | Added | +1.0m |
| Assenagon Asset Management S.A. | Added | +975.5k |
| FMR LLC | Added | +963.3k |
| Allspring Global Investments Holdings, LLC | Added | +911.9k |
| ValueAct Holdings, L.P. | Added | +757.8k |
| Swedbank AB | Added | +402.5k |
Biggest sellers
| Cantillon Capital Management LLC | Reduced | -3.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -3.2m |
| Invesco Ltd. | Reduced | -1.3m |
| Alphinity Investment Management Pty Ltd | Sold out | -1.2m |
| APG Asset Management N.V. | Reduced | -1.2m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -933.2k |
| Caisse de depot et placement du Quebec | Reduced | -923.1k |
| ATALANTA SOSNOFF CAPITAL, LLC | Sold out | -654.5k |
| Rathbones Group PLC | Reduced | -586.3k |
| FRANKLIN RESOURCES INC | Reduced | -560.7k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Added | $96.5m716.6k shares |
| LANDMARK INVESTMENT PARTNERS, L.P. | New | $19.2m130.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.1m89.5k shares |
| JANE STREET GROUP, LLC | Reduced | $7.3m54.2k shares |
| Squarepoint Ops LLC | Added | $7.1m52.8k shares |
| CITADEL ADVISORS LLC | Reduced | $6.4m47.8k shares |
| IMC-Chicago, LLC | Reduced | $4.6m34.1k shares |
| Caption Management, LLC | New | $4.3m31.6k shares |
| Walleye Trading LLC | Reduced | $3.4m24.9k shares |
| Banco BTG Pactual S.A. | New | $2.6m19.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $39.7m295.0k shares |
| JANE STREET GROUP, LLC | Reduced | $12.6m93.5k shares |
| BAYVIEW ASSET MANAGEMENT, LLC | Added | $7.8m58.0k shares |
| CITADEL ADVISORS LLC | Added | $7.8m57.7k shares |
| Squarepoint Ops LLC | Added | $5.5m40.7k shares |
| IMC-Chicago, LLC | Reduced | $5.2m38.6k shares |
| Caption Management, LLC | New | $4.2m31.3k shares |
| Walleye Trading LLC | Added | $2.1m15.4k shares |
| GROUP ONE TRADING LLC | Added | $2.0m14.8k shares |
| J. Goldman & Co LP | New | $1.3m10.0k 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2026 | 0 | — | 2 | $309.2k | $309.2k |
| Q3 2026 | 0 | — | 3 | $767.4k | $767.4k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-13 | Giamartino Emma E. CFO & Chief Investment Officer | Sold plan | $333.7k2.2k shares |
| 2026-08-13 | Doellinger Chad J Chief Legal & Admin. Officer | Sold plan | $33.8k228 shares |
| 2026-07-29 | Kohli Vikramaditya COO & CEO, Advisory Services | Sold plan | $399.9k2.7k shares |
| 2026-05-15 | Giamartino Emma E. CFO & Chief Investment Officer | Sold plan | $294.2k2.2k shares |
| 2026-05-05 | Doellinger Chad J Chief Legal & Admin. Officer | Sold plan | $15.0k107 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.06% of their portfolio | 27.7m $3.7bn | Reduced -41.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.16% of their portfolio | 25.8m $3.5bn | Added +36.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 19.1m $2.6bn | Added +85.8k |
| STATE STREET CORP 0.06% of their portfolio | 14.3m $1.9bn | Added +298.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.68% of their portfolio | 10.2m $1.4bn | Added +374.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 8.5m $1.1bn | Reduced -101.3k |
| HARRIS ASSOCIATES L P 1.08% of their portfolio | 6.0m $810.0m | Reduced -408.3k |
| MORGAN STANLEY 0.04% of their portfolio | 5.8m $781.2m | Reduced -494.1k |
| FMR LLC 0.03% of their portfolio | 5.6m $754.4m | Added +963.3k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 5.1m $688.1m | Reduced -122.9k |
| NORGES BANK 0.06% of their portfolio | 4.8m $644.9m | Not comparable |
| Invesco Ltd. 0.04% of their portfolio | 4.0m $535.4m | Reduced -1.3m |
| Artisan Partners Limited Partnership 0.82% of their portfolio | 3.7m $500.8m | Reduced -239.5k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 3.4m $455.0m | Reduced -63.3k |
| MILLENNIUM MANAGEMENT LLC 0.31% of their portfolio | 3.4m $452.7m | Reduced -933.2k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 3.1m $421.7m | Reduced -247.5k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 3.1m $414.2m | Added +177.8k |
| Swedbank AB 0.35% of their portfolio | 3.0m $400.5m | Added +402.5k |
| EARNEST PARTNERS LLC 1.40% of their portfolio | 2.9m $387.4m | Reduced -45.1k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 2.9m $385.8m | Reduced -55.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 2.8m $380.6m | Reduced -92.9k |
| Robeco Institutional Asset Management B.V. 0.43% of their portfolio | 2.6m $351.6m | Reduced -75.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 2.6m $345.7m | Reduced -118.0k |
| Allspring Global Investments Holdings, LLC 0.54% of their portfolio | 2.6m $354.0m | Added +911.9k |
| CITADEL ADVISORS LLC 0.20% of their portfolio | 2.6m $343.8m | Added +1.7m |
| Assenagon Asset Management S.A. 0.22% of their portfolio | 2.5m $341.7m | Added +975.5k |
| BAILLIE GIFFORD & CO 0.28% of their portfolio | 2.3m $311.3m | Reduced -177.1k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 2.2m $300.0m | Added +1.8m |
| Amundi 0.07% of their portfolio | 2.2m $293.3m | Added +270.8k |
| JANE STREET GROUP, LLC 0.18% of their portfolio | 2.1m $289.4m | Added +1.6m |
| SEI INVESTMENTS CO 0.25% of their portfolio | 2.1m $288.8m | Reduced -37.1k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 2.1m $284.3m | Added +289.8k |
| D. E. Shaw & Co., Inc. 0.17% of their portfolio | 2.1m $278.0m | Added +1.6m |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 2.0m $273.9m | Reduced -560.7k |
| Legal & General Group Plc 0.06% of their portfolio | 2.0m $272.5m | Reduced -131.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 2.0m $269.2m | Added +22.8k |
| Nuveen, LLC 0.06% of their portfolio | 2.0m $263.8m | Added +21.3k |
| Jupiter Topco LLC 0.10% of their portfolio | 1.8m $241.6m | First filing |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.18% of their portfolio | 1.7m $230.2m | Reduced -166.8k |
| VANGUARD FIDUCIARY TRUST CO 0.05% of their portfolio | 1.6m $222.0m | Added +4.0k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.4m $193.4m | Reduced -43.4k |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 1.4m $186.4m | Added +81.4k |
| PARNASSUS INVESTMENTS, LLC 0.47% of their portfolio | 1.3m $175.8m | Reduced -96.9k |
| LAZARD ASSET MANAGEMENT LLC 0.26% of their portfolio | 1.3m $173.5m | Added +162.6k |
| NATIXIS ADVISORS, LLC 0.19% of their portfolio | 1.2m $166.0m | Reduced -36.9k |
| Qube Research & Technologies Ltd 0.18% of their portfolio | 1.2m $165.9m | Added +204.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 1.2m $159.8m | Added +275.5k |
| MARSHALL WACE, LLP 0.13% of their portfolio | 1.2m $157.2m | Added +1.0m |
| JONES FINANCIAL COMPANIES LLLP 0.06% of their portfolio | 1.1m $146.4m | Reduced -31.8k |
| COOKE & BIELER LP 1.55% of their portfolio | 993.8k $133.8m | Added +253.9k |
| ValueAct Holdings, L.P. 2.37% of their portfolio | 992.4k $133.7m | Added +757.8k |
| Evercore Wealth Management, LLC 1.87% of their portfolio | 982.8k $132.4m | Reduced -4.2k |
| BAMCO INC /NY/ 0.20% of their portfolio | 979.0k $131.9m | Reduced -95.5k |
| UBS Group AG 0.02% of their portfolio | 977.6k $131.7m | Added +54.9k |
| LONDON CO OF VIRGINIA 0.73% of their portfolio | 953.8k $128.5m | Reduced -41.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 913.4k $123.0m | Added +263.7k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 901.9k $121.5m | Added +6.7k |
| Gallagher Fiduciary Advisors, LLC 3.90% of their portfolio | 880.2k $118.6m | Reduced -3.6k |
| Rathbones Group PLC 0.42% of their portfolio | 851.4k $114.7m | Reduced -586.3k |
| Swiss National Bank 0.06% of their portfolio | 832.5k $112.1m | Reduced -40.8k |
| PARK PRESIDIO CAPITAL LLC 6.18% of their portfolio | 810.6k $109.2m | Added +80.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 806.0k $108.6m | Reduced -30.1k |
| Thrivent Financial for Lutherans 0.18% of their portfolio | 806.0k $108.6m | Added +3.5k |
| MENORA MIVTACHIM HOLDINGS LTD. 0.41% of their portfolio | 776.7k $104.6m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 744.8k $100.3m | Reduced -38.7k |
| MANNING & NAPIER ADVISORS LLC 1.26% of their portfolio | 721.0k $98.1m | Reduced -19.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 710.6k $95.8m | Added +189.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 709.9k $95.6m | Added +38.3k |
| Man Group plc 0.17% of their portfolio | 691.1k $93.1m | Added +176.5k |
| APG Asset Management N.V. 0.19% of their portfolio | 673.7k $79.4m | Reduced -1.2m |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.31% of their portfolio | 672.9k $90.6m | Added +239.6k |
| CITIGROUP INC 0.04% of their portfolio | 666.4k $89.8m | Added +231.2k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 658.9k $88.7m | Reduced -18.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 643.9k $86.7m | Reduced -65.5k |
| Vanguard Global Advisers, LLC 0.04% of their portfolio | 631.1k $85.0m | Reduced -5.2k |
| BARCLAYS PLC 0.03% of their portfolio | 628.0k $84.6m | Reduced -181.6k |
| National Pension Service 0.05% of their portfolio | 607.9k $81.9m | Added +33.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.11% of their portfolio | 607.8k $81.9m | Added +207.5k |
| Balyasny Asset Management L.P. 0.15% of their portfolio | 607.1k $81.8m | Added +150.8k |
| California Public Employees Retirement System 0.05% of their portfolio | 595.7k $80.2m | Added +71.7k |
| DF DENT & CO INC 1.52% of their portfolio | 595.2k $80.2m | Reduced -62.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.05% of their portfolio | 574.1k $77.3m | Added +58.2k |
| LORD, ABBETT & CO. LLC 0.22% of their portfolio | 569.5k $76.7m | Reduced -40.7k |
| FIL Ltd 0.05% of their portfolio | 560.2k $75.5m | Added +143.7k |
| GRS Advisors, LLC 6.34% of their portfolio | 557.7k $75.1m | Added +291.8k |
| PRUDENTIAL FINANCIAL INC 0.08% of their portfolio | 554.1k $74.6m | Added +298.2k |
| GOLDENTREE ASSET MANAGEMENT LP 4.32% of their portfolio | 553.0k $74.4m | Reduced -165.6k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 546.2k $73.6m | Reduced -13.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 539.3k $72.6m | Added +38.3k |
| TUDOR INVESTMENT CORP ET AL 0.29% of their portfolio | 515.7k $69.5m | Added +15.6k |
| Clearbridge Investments, LLC 0.06% of their portfolio | 499.1k $67.2m | Added +10.1k |
| Hosking Partners LLP 2.20% of their portfolio | 492.3k $66.3m | Added +1.8k |
| MILFORD FUNDS LTD 1.02% of their portfolio | 465.6k $62.7m | Added +360.0k |
| TimesSquare Capital Management, LLC 0.92% of their portfolio | 464.3k $62.5m | Added +1.7k |
| BROWN BROTHERS HARRIMAN & CO 0.26% of their portfolio | 442.3k $59.6m | Reduced -48.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 435.6k $58.7m | Reduced -36.3k |
| FEDERATED HERMES, INC. 0.08% of their portfolio | 434.9k $58.6m | Reduced -87.8k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 433.9k $58.5m | Added +161.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 433.9k $58.4m | Reduced -3.6k |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 433.8k $58.4m | Added +223.2k |