JBG SMITH PPTYS JBGS
COM · REIT · CUSIP 46590V100
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersBethesda, MD
- FilingsSEC EDGAR
* 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 ($282.4k this quarter). Holder counts are more reliable. Shares outstanding: 86.5m as of 2024-07-26, 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 ≈ $15.23. Options: 5 managers hold calls ($705.7k notional), 2 hold puts ($321.4k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 232 |
| Q4 2022 | 239 |
| Q1 2023 | 237 |
| Q2 2023 | 223 |
| Q3 2023 | 219 |
| Q4 2023 | 212 |
| Q1 2024 | 209 |
| Q2 2024 | 209 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 119 | 97 |
| Q1 2023 | 135 | 103 |
| Q2 2023 | 120 | 109 |
| Q3 2023 | 75 | 126 |
| Q4 2023 | 57 | 145 |
| Q1 2024 | 65 | 115 |
| Q2 2024 | 74 | 108 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $240.0k | $368.7k | 1.54 |
| Q4 2023 | $246.2k | $777.3k | 3.16 |
| Q1 2024 | $704.6k | $341.4k | 0.48 |
| Q2 2024 | $705.7k | $321.4k | 0.46 |
Biggest buyers
| DEUTSCHE BANK AG\ | Added | +1.1m |
| UBS Group AG | Added | +963.8k |
| Balyasny Asset Management L.P. | New | +652.6k |
| PRIVATE MANAGEMENT GROUP INC | Added | +452.9k |
| CITADEL ADVISORS LLC | Added | +177.7k |
| AlphaQuest LLC | Added | +145.2k |
| TUDOR INVESTMENT CORP ET AL | Added | +143.4k |
| THOMPSON SIEGEL & WALMSLEY LLC | Added | +141.8k |
| SG Americas Securities, LLC | Added | +140.6k |
| WOLVERINE ASSET MANAGEMENT LLC | Added | +114.9k |
Biggest sellers
| MORGAN STANLEY | Reduced | -13.6m |
| NORGES BANK | Reduced | -5.6m |
| BlackRock Inc. | Reduced | -1.0m |
| VANGUARD GROUP INC | Reduced | -691.8k |
| Nuveen Asset Management, LLC | Reduced | -553.0k |
| Lighthouse Investment Partners, LLC | Sold out | -500.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -465.4k |
| STATE STREET CORP | Reduced | -353.9k |
| JPMORGAN CHASE & CO | Reduced | -184.1k |
| Legal & General Group Plc | Reduced | -108.6k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $325.9k21.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $216.3k14.2k shares |
| SIMPLEX TRADING, LLC | New | $162.0k10.7k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $321.4k21.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| BlackRock, Inc. 13G · institution -1.6 pts · filed 2026-10-27 | 17.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-02-05 | 10.5% |
| Long Pond Capital, LP 13G · institution +1.7 pts · filed 2026-02-17 | 7.0% |
| MORGAN STANLEY 13G · institution +1.1 pts · filed 2026-05-12 | 6.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.3% |
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 Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $231.5k | 4 | $1.8m | — |
| Q4 2022 | 0 | — | 2 | $2.4m | — |
| Q1 2023 | 0 | — | 1 | $757.4k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 3 | $460.9k | — |
| Q1 2024 | 1 | $506.1k | 1 | $287.3k | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 17.3m $263.0m | Reduced -1.0m |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.1m $214.2m | Reduced -691.8k |
| Long Pond Capital, LP 5.68% of their portfolio | 6.9m $105.0m | Reduced -82.6k |
| MORGAN STANLEY 0.01% of their portfolio | 6.7m $102.3m | Reduced -13.6m |
| STATE STREET CORP 0.00% of their portfolio | 5.2m $79.9m | Reduced -353.9k |
| CITIGROUP INC 0.04% of their portfolio | 2.9m $44.0m | Reduced -18.8k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.58% of their portfolio | 2.4m $35.9m | Added +141.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.2m $33.4m | Reduced -15.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.1m $31.5m | Added +38.1k |
| PRIVATE MANAGEMENT GROUP INC 1.19% of their portfolio | 2.0m $30.9m | Added +452.9k |
| UBS Group AG 0.01% of their portfolio | 2.0m $30.7m | Added +963.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.5m $23.6m | Reduced -184.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.3m $19.7m | Added +9.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.1m $17.5m | Added +1.1m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 991.8k $15.1m | Reduced -34.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 920.8k $14.0m | Reduced -38.4k |
| Legal & General Group Plc 0.00% of their portfolio | 765.8k $11.7m | Reduced -108.6k |
| Aristotle Capital Boston, LLC 0.37% of their portfolio | 720.5k $11.0m | Reduced -83.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 712.6k $10.9m | Reduced -16.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 687.9k $10.5m | Added +4.5k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 652.6k $9.9m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 574.1k $8.7m | Reduced -15.0k |
| NORGES BANK 0.00% of their portfolio | 417.3k $6.4m | Reduced -5.6m |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 413.0k $6.3m | Reduced -39.9k |
| Invesco Ltd. 0.00% of their portfolio | 361.5k $5.5m | Reduced -7.5k |
| Man Group plc 0.01% of their portfolio | 356.2k $5.4m | Added +41.7k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 319.3k $4.9m | Added +143.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 302.1k $4.6m | Reduced -11.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 302.1k $4.6m | Reduced -2.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 287.2k $4.4m | Reduced -553.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 269.2k $4.1m | Added +97.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 243.0k $3.7m | Reduced -22.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 228.9k $3.5m | Reduced -16.6k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 198.2k $3.0m | Added +11.8k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 191.2k $2.9m | Added +12.7k |
| HRT FINANCIAL LP 0.02% of their portfolio | 189.5k $2.9m | Added +98.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 188.4k $2.9m | Added +177.7k |
| BARCLAYS PLC 0.00% of their portfolio | 183.1k $2.8m | Added +95.4k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 178.3k $2.7m | Reduced -23.1k |
| Swiss National Bank 0.00% of their portfolio | 171.4k $2.6m | Reduced -8.1k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 171.1k $2.6m | Added +5.9k |
| CAXTON ASSOCIATES LP 0.10% of their portfolio | 168.0k $2.6m | Added +50.4k |
| AlphaQuest LLC 0.33% of their portfolio | 159.7k $2.4m | Added +145.2k |
| SG Americas Securities, LLC 0.01% of their portfolio | 152.5k $2.3m | Added +140.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 147.6k $2.2m | Reduced -66.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 143.1k $2.2m | Reduced -1.6k |
| WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio | 131.8k $2.0m | Added +114.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 121.8k $1.9m | Reduced -5.7k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 120.8k $1.8m | Reduced -10.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 115.5k $1.8m | Reduced -465.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 115.0k $1.8m | Reduced -31.0k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 107.9k $1.6m | Added +3.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 101.4k $1.5m | Reduced -25.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 91.8k $1.4m | Reduced -4.8k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 91.7k $1.4m | Reduced -5.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 90.4k $1.4m | Reduced -33.5k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 88.1k $1.3m | New |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 87.5k $1.3m | Added +71.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 85.1k $1.3m | Reduced -6.1k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 82.1k $1.2m | Reduced -12.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 74.6k $1.1m | Added +304 |
| BROWN ADVISORY INC 0.00% of their portfolio | 74.0k $1.1m | Reduced -24.8k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 69.4k $1.1m | Reduced -6.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 66.0k $1.0m | Added +13.6k |
| Amundi 0.00% of their portfolio | 63.0k $980.7k | Reduced -6.9k |
| HARBOR CAPITAL ADVISORS, INC. 0.07% of their portfolio | 60.5k $922.0k | Added +27.4k |
| Capula Management Ltd 0.01% of their portfolio | 56.6k $862.4k | Not comparable |
| UniSuper Management Pty Ltd 0.01% of their portfolio | 56.1k $853.8k | Reduced -1.9k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 55.5k $845.8k | Added +7.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 53.7k $818.0k | Unchanged |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 51.5k $784.3k | Unchanged |
| Corebridge Financial, Inc. 0.00% of their portfolio | 51.3k $780.6k | First filing |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 50.4k $767.1k | Unchanged |
| Venture Visionary Partners LLC 0.04% of their portfolio | 50.0k $761.5k | Unchanged |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 47.3k $720.3k | Reduced -187 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 47.2k $718.6k | First filing |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 46.2k $703.3k | Reduced -443 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 44.6k $679.7k | Added +2.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 43.6k $663.8k | Reduced -2.1k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 42.3k $643.7k | New |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 42.1k $641.2k | Reduced -1.0k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 39.9k $607.9k | Reduced -13.9k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.01% of their portfolio | 38.3k $584.0k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 37.9k $577.1k | Reduced -43.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 37.2k $565.9k | Reduced -4.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 36.8k $560.5k | Reduced -7.8k |
| NATIXIS 0.00% of their portfolio | 36.0k $548.3k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 35.4k $539.3k | Reduced -17.5k |
| Quantinno Capital Management LP 0.01% of their portfolio | 34.4k $524.1k | Added +17.5k |
| XTX Topco Ltd 0.04% of their portfolio | 34.0k $518.4k | Added +19.1k |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 33.9k $512.1k | Reduced -103 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 33.6k $511.8k | Reduced -1.7k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 33.5k $510.2k | Reduced -5.9k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 32.7k $497.7k | Reduced -4.7k |
| Tower Research Capital LLC (TRC) 0.01% of their portfolio | 32.2k $491.0k | Added +13.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 31.9k $485.6k | Reduced -100.0k |
| Vert Asset Management LLC 0.19% of their portfolio | 31.6k $482.0k | Reduced -4.7k |
| JUPITER ASSET MANAGEMENT LTD 0.00% of their portfolio | 31.2k $475.1k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 30.1k $457.9k | Reduced -806 |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 29.7k $451.7k | Added +2.0k |