JBGS
JBG SMITH Properties · Real Estate · REIT - Diversified
Momentum inputs (comparable managers):
holder breadth -12.5% ·
share flow -9.4% ·
net new positions -14.3%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 79 | -5 | 39.54M | $580.15M | +3 | −8 |
| Q1 2026 | 87 | -1 | 39.22M | $573.25M | +3 | −4 |
| Q4 2025 | 88 | +1 | 48.19M | $820.41M | +2 | −1 |
| Q3 2025 | 14 | 0 | 33.40M | $743.19M | +1 | −2 |
| Q2 2025 | 12 | +2 | 32.44M | $561.30M | +2 | — |
| Q1 2025 | 7 | 0 | 7.50M | $120.76M | +2 | −2 |
| Q4 2024 | 7 | -1 | 8.01M | $124.02M | — | −1 |
| Q3 2024 | 7 | -1 | 3.24M | $56.68M | — | −1 |
| Q2 2024 | 8 | — | 3.58M | $54.51M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Geode Capital Management ✦ (passive) | 2.16M | -1.3% | $37.80M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 2 | Geode Capital Management ✦ (passive) | 2.16M | -1.3% | $37.80M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 3 | Millennium Management ✦ | 423.74K | +85.1% | $7.41M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | Norges Bank ✦ (passive) | 359.05K | -13.9% | $6.28M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 5 | D. E. Shaw & Co. ✦ | 141.74K | -53.1% | $2.48M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 6 | D. E. Shaw & Co. ✦ | 141.74K | -53.1% | $2.48M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 7 | T. Rowe Price ✦ | 73.72K | -1.2% | $1.29M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 8 | Renaissance Technologies ✦ | 60.70K | -58.9% | $1.06M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 9 | Citadel Advisors ✦ | 21.49K | -88.6% | $375,663 | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| AQR Capital Management | $434,334 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 216 holders, 55.06M shares, $785.85M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.