JBGS JBG SMITH Properties Common Shares

NYSE · Real Estate · View on SEC EDGAR ↗
$12.09
Price · Aug 19, 2026
Fundamentals as of Aug 10, 2026

JBGS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$12.09
Market Cap
P/E (TTM)
-8.1
EPS (TTM)
$-2.09
Revenue (TTM)
$499M
Div Yield
ROE
-11.2%
Debt/Equity
52W Range
$11 – $24

JBGS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $499M
10-point trend, +4.2%
2016-12-31 2025-12-31
EPS $-2.09
10-point trend, -437.1%
2016-12-31 2025-12-31
Free Cash Flow
Margins -27.9%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
JBGS
Peer Median
P/E (TTM)
5-point trend, +82.1%
-8.1
38.1

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
JBGS
Peer Median
Net Profit Margin
5-point trend, -123.3%
-27.9%
-36.8%
ROA
5-point trend, -133.1%
-3.0%
-5.0%
ROE
5-point trend, -332.8%
-11.2%
-17.2%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
JBGS
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
JBGS
Peer Median
Revenue YoY
5-point trend, -21.4%
-8.9%
Revenue CAGR 3Y
5-point trend, -21.4%
-6.3%
Revenue CAGR 5Y
5-point trend, -21.4%
-3.7%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
JBGS
Peer Median
EPS (Diluted)
5-point trend, -231.7%
$-2.09

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
JBGS
Peer Median
Payout Ratio
5-point trend, +76.6%
-34.8%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
-34.8%
5Y Div CAGR
Ex-dateAmount
Aug. 13, 2026$0.1750
May 14, 2026$0.1750
Dec. 30, 2025$0.1750
Nov. 6, 2025$0.1750
Aug. 7, 2025$0.1750
May 8, 2025$0.1750
Dec. 30, 2024$0.1750
Nov. 7, 2024$0.1750
Aug. 7, 2024$0.1750
May 9, 2024$0.1750
Feb. 29, 2024$0.1750
Nov. 16, 2023$0.2250
Aug. 16, 2023$0.2250
June 22, 2023$0.2250
Dec. 28, 2022$0.2250
Nov. 7, 2022$0.2250
Aug. 11, 2022$0.2250
May 12, 2022$0.2250
Dec. 29, 2021$0.2250
Nov. 9, 2021$0.2250

JBGS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

SELL 8 analysts
  • Strong Buy 0 0.0%
  • Buy 0 0.0%
  • Hold 3 37.5%
  • Sell 3 37.5%
  • Strong Sell 2 25.0%

12-Month Price Target

2 analysts · 2026-08-14
Median target $13.00 +7.5%
Mean target $13.00 +7.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.54%
Period EPS Actual EPS Est Surprise
March 31, 2026 $0.17
Dec. 31, 2025 $0.17 $-0.48 0.65%
Sept. 30, 2025 $-0.41 $-0.50 0.09%
June 30, 2025 $0.22 $-0.55 0.77%
March 31, 2025 $0.17 $-0.48 0.65%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
JBGS -8.1 -8.9% -27.9% -11.2%
DEA $981M 78.5 11.3% 3.9% 0.98%
ESRT 26.1 0.05% 9.5% 7.0%
HPP $587M -0.8 -1.3% -71.3% -20.3% 48.5%
PSTL 34.3 25.5% 14.8% 5.3%
BDN $507M -2.8 -4.2% -36.8% -19.5% 61.8%
NLOP $382M -2.6 -16.4% -122.2% -33.2%
ONL $127M -0.9 -10.4% -94.3% -20.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 13
Annual Income Statement data for JBGS
Metric Trend 2025202420232022202120202019201820172016
Revenue 10-point trend, +4.2% $499M $547M $604M $606M $634M $603M $648M $644M $543M $479M
Operating Expenses 10-point trend, +38.5% $507M $546M $565M $590M $645M $640M $625M $618M $595M $366M
Operating Income 2-point trend, -146.3% · · · · · · · · $-52M $113M
Interest Expense 8-point trend, +109.8% · · $109M $76M $68M $62M $53M $74M $58M $52M
Other Non-op 10-point trend, -229.5% $-164M $-179M $-131M $84M $-75M $-34M $50M $20M $-37M $-50M
Pretax Income 10-point trend, -372.6% $-172M $-177M $-92M $100M $-86M $-72M $73M $46M $-89M $63M
Income Tax 10-point trend, -453.6% $-4M $762.0K $-296.0K $1M $4M $-4M $-1M $-738.0K $-10M $1M
Net Income 10-point trend, -324.4% $-139M $-144M $-80M $85M $-79M $-62M $66M $40M $-72M $62M
EPS (Basic) 10-point trend, -437.1% $-2.09 $-1.65 $-0.78 $0.70 $-0.63 $-0.49 $0.48 $0.31 $-0.70 $0.62
EPS (Diluted) 10-point trend, -437.1% $-2.09 $-1.65 $-0.78 $0.70 $-0.63 $-0.49 $0.48 $0.31 $-0.70 $0.62
Shares (Basic) 9-point trend, -36.1% 67,361,000 88,330,000 105,095,000 119,005,000 130,839,000 133,451,000 130,687,000 119,176,000 105,359,000 ·
Shares (Diluted) 10-point trend, -33.0% 67,361,000 88,330,000 105,095,000 119,005,000 130,839,000 133,451,000 130,687,000 119,176,000 105,359,000 100,571,000
EBITDA 9-point trend, +75.7% $197M $215M $216M $218M $240M $226M $196M $216M $112M ·
Balance Sheet 13
Annual Balance Sheet data for JBGS
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents 10-point trend, +159.6% $75M $146M $165M $241M $264M $226M $126M $261M $317M $29M
Intangibles 10-point trend, +890.3% $30M $47M $57M $68M $202M $41M $24M $34M $126M $3M
Total Assets 10-point trend, +19.9% $4.39B $5.02B $5.52B $5.90B $6.39B $6.08B $5.99B $6.00B $6.07B $3.66B
Deferred Tax 9-point trend, +3917000.00 · $4M $3M $5M $5M $3M $6M $7M $8M $0
Total Liabilities 10-point trend, +76.7% $2.72B $2.79B $2.83B $2.71B $2.93B $2.34B $1.99B $2.45B $2.49B $1.54B
Long-term Debt · · · · · · · · · $1.17B
Common Stock 9-point trend, +846000.00 · $846.0K $944.0K $1M $1M $1M $1M $1M $1M $0
Paid-in Capital 10-point trend, +2338881000.00 $2.34B $2.79B $2.98B $3.26B $3.54B $3.66B $3.63B $3.16B $3.06B $0
Retained Earnings 10-point trend, -1180410000.00 $-1.18B $-997M $-777M $-629M $-609M $-413M $-231M $-176M $-96M $0
AOCI 9-point trend, -200.1% $-2M $15M $20M $46M $-16M $-40M $-17M $7M $2M ·
Stockholders' Equity 10-point trend, -45.4% $1.16B $1.81B $2.25B $2.71B $2.92B $3.21B $3.39B $2.99B $2.97B $2.12B
Liabilities + Equity 10-point trend, +19.9% $4.39B $5.02B $5.52B $5.90B $6.39B $6.08B $5.99B $6.00B $6.07B $3.66B
Shares Outstanding 9-point trend, +84500000.00 · 84,500,000 94,309,000 114,013,000 127,378,000 131,778,000 134,148,000 120,937,000 117,955,000 0
Cash Flow 15
Annual Cash Flow data for JBGS
Metric Trend 2025202420232022202120202019201820172016
D&A 10-point trend, +46.2% $197M $215M $216M $218M $240M $226M $196M $216M $165M $135M
Stock-based Comp 10-point trend, +452.1% $25M $30M $32M $41M $52M $66M $65M $53M $34M $5M
Deferred Tax 10-point trend, -3916000.00 $-4M $591.0K $-2M $-437.0K $3M $-3M $-1M $-718.0K $-10M $0
Amort. of Intangibles 6-point trend, +1401.1% · · · · $11M $13M $16M $22M $15M $740.0K
Restructuring 5-point trend, -99.2% · · · · $1M $4M $5M $16M $128M ·
Other Non-cash 9-point trend, +85.5% $-6M $28M $17M $-166M $2M $-57M $-151M $-119M $-42M ·
Operating Cash Flow 10-point trend, -54.1% $73M $129M $183M $178M $218M $169M $174M $188M $74M $160M
Investing Cash Flow 10-point trend, +238.1% $357M $144M $-98M $524M $-369M $-168M $-241M $66M $-8M $-259M
Stock Issued 3-point trend, +472780000.00 · · · · · · $473M $0 $0 ·
Stock Repurchased 6-point trend, +323.4% $444M $171M $335M $361M $158M $105M · · · ·
Net Stock Activity 7-point trend, -193.8% $-444M $-171M $-335M $-361M $-158M $-105M $473M · · ·
Dividends Paid 10-point trend, +48434000.00 $48M $62M $94M $108M $118M $120M $130M $107M $27M $0
Financing Cash Flow 10-point trend, -1099.3% $-510M $-291M $-159M $-730M $190M $119M $-190M $-194M $240M $51M
Net Change in Cash 10-point trend, -65.8% $-80M $-17M $-74M $-28M $39M $121M $-257M $61M $306M $-48M
Taxes Paid 8-point trend, -96.9% $61.0K $117.0K $2M $1M $815.0K $-1M $282.0K $2M · ·
Profitability 7
Annual Profitability data for JBGS
Metric Trend 2025202420232022202120202019201820172016
Operating Margin · · · · · · · · -9.6% ·
Net Margin 9-point trend, -111.1% -27.9% -26.2% -13.2% 14.1% -12.5% -10.3% 10.1% 6.2% -13.2% ·
Pretax Margin 9-point trend, -110.3% -34.5% -32.3% -15.2% 16.6% -13.6% -11.9% 11.2% 7.1% -16.4% ·
EBITDA Margin 9-point trend, +91.4% 39.6% 39.3% 35.7% 36.0% 37.9% 37.4% 30.2% 33.5% 20.7% ·
ROA 9-point trend, -101.4% -3.0% -2.7% -1.4% 1.4% -1.3% -1.0% 1.1% 0.66% -1.5% ·
ROE 9-point trend, -297.5% -11.2% -7.8% -3.2% 3.0% -2.6% -1.9% 2.1% 1.3% -2.8% ·
ROIC · · · · · · · · -1.6% ·
Liquidity & Solvency 1
Annual Liquidity & Solvency data for JBGS
Metric Trend 2025202420232022202120202019201820172016
Interest Coverage · · · · · · · · -0.9 ·
Efficiency 1
Annual Efficiency data for JBGS
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover 9-point trend, -5.0% 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 ·
Per Share 6
Annual Per Share data for JBGS
Metric Trend 2025202420232022202120202019201820172016
Book Value / Share 8-point trend, -15.0% · $21.41 $23.57 $23.52 $22.89 $24.33 $25.24 $24.70 $25.18 ·
Revenue / Share 7-point trend, +36.9% $7.40 $6.20 $5.75 $5.09 $4.85 · $4.96 $5.41 · ·
Cash Flow / Share 7-point trend, -31.1% $1.09 $1.46 $1.74 $1.50 $1.66 · $1.33 $1.58 · ·
Cash / Share 8-point trend, -35.7% · $1.73 $1.75 $2.11 $2.08 $1.71 $0.94 $2.15 $2.68 ·
Dividend / Share 10-point trend, +0.70 $1 $1 $1 $1 $1 $1 $1 $1 $0 $0
EPS (TTM) 9-point trend, -198.6% $-2.09 $-1.65 $-0.78 $0.70 $-0.63 $-0.49 $0.48 $0.31 $-0.70 ·
Growth Rates 4
Annual Growth Rates data for JBGS
Metric Trend 2025202420232022202120202019201820172016
Revenue YoY 5-point trend, -269.5% -8.9% -9.4% -0.27% -4.5% 5.2% · · · · ·
Revenue CAGR 3Y 3-point trend, -7962.5% -6.3% -4.8% 0.08% · · · · · · ·
Revenue CAGR 5Y -3.7% · · · · · · · · ·
Dividend CAGR 5Y -16.6% · · · · · · · · ·
Valuation (TTM) 12
Annual Valuation (TTM) data for JBGS
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM 9-point trend, -8.2% $499M $547M $604M $606M $634M $603M $648M $644M $543M ·
Net Income TTM 9-point trend, -93.8% $-139M $-144M $-80M $85M $-79M $-62M $66M $40M $-72M ·
Market Cap 8-point trend, -68.3% · $1.30B $1.60B $2.16B $3.66B $4.12B $5.35B $4.21B $4.10B ·
P/E 9-point trend, +83.6% -8.1 -9.3 -21.8 27.1 -45.6 -63.8 83.1 112.3 -49.6 ·
P/S 8-point trend, -68.5% · 2.4 2.7 3.6 5.8 6.8 8.3 6.5 7.5 ·
P/B 8-point trend, -47.9% · 0.7 0.7 0.8 1.3 1.3 1.6 1.4 1.4 ·
P / Tangible Book 5-point trend, -43.4% · 0.7 0.7 0.8 1.3 1.3 · · · ·
P / Cash Flow 8-point trend, -81.8% · 10.0 8.7 12.2 16.8 24.4 30.8 22.4 55.2 ·
Dividend Yield 8-point trend, +633.8% · 4.8% 5.9% 5.0% 3.2% 2.9% 2.4% 2.5% 0.65% ·
Earnings Yield 9-point trend, -508.4% -12.3% -10.7% -4.6% 3.7% -2.2% -1.6% 1.2% 0.89% -2.0% ·
Payout Ratio 9-point trend, +5.8% -34.8% -43.2% -117.5% 126.1% -149.0% -192.6% 198.0% 268.9% -37.0% ·
Annual Payout 9-point trend, +82.5% $48M $62M $94M $108M $118M $120M $130M $107M $27M ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $499M$547M$604M$606M$634M
Net Income $-139M$-144M$-80M$85M$-79M
Diluted EPS $-2.09$-1.65$-0.78$0.70$-0.63

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Institutional owners (13F) 223 filers · $528.6M total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
34 (-3 vs prior Q) 31 (+5 vs prior Q) 52 (-5 vs prior Q) 65 (-3 vs prior Q) +1.5M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $90,398,785 6,162,153 17.10% Shares
Long Pond Capital, LP $59,032,359 4,024,019 11.17% Shares
STATE STREET CORP $53,169,933 3,624,399 10.06% Shares
CITIGROUP INC $42,434,567 2,892,609 8.03% Shares
VANGUARD CAPITAL MANAGEMENT LLC $38,217,301 2,605,133 7.23% Shares
PRIVATE MANAGEMENT GROUP INC $24,613,458 1,677,809 4.66% Shares
GEODE CAPITAL MANAGEMENT, LLC $22,541,301 1,536,238 4.26% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $21,348,341 1,455,238 4.04% Shares
Allianz Asset Management GmbH $18,068,555 1,231,667 3.42% Shares
DIMENSIONAL FUND ADVISORS LP $11,823,859 805,989 2.24% Shares
GOLDMAN SACHS GROUP INC $11,660,640 794,863 2.21% Shares
CITADEL ADVISORS LLC $9,419,460 642,090 1.78% Shares
Loews Corp $7,283,948 496,520 1.38% Shares
WELLS FARGO & COMPANY/MN $6,491,944 442,532 1.23% Shares
VANGUARD FIDUCIARY TRUST CO $5,737,290 391,090 1.09% Shares
Marnell Management LLC $5,598,351 381,619 1.06% Shares
TWO SIGMA INVESTMENTS, LP $4,957,565 337,939 0.94% Shares
Quantinno Capital Management LP $4,771,077 325,226 0.90% Shares
TUDOR INVESTMENT CORP ET AL $4,489,724 306,048 0.85% Shares
BANK OF AMERICA CORP /DE/ $4,452,889 303,537 0.84% Shares
ExodusPoint Capital Management, LP $4,283,127 291,965 0.81% Shares
PRINCIPAL FINANCIAL GROUP INC $4,112,309 280,321 0.78% Shares
Bank of New York Mellon Corp $3,914,880 266,863 0.74% Shares
Public Sector Pension Investment Board $2,935,408 200,096 0.56% Shares
WOLVERINE ASSET MANAGEMENT LLC $2,672,126 182,149 0.51% Shares
BROWN ADVISORY INC $2,635,553 179,656 0.50% Shares
VIRGINIA RETIREMENT SYSTEMS ET Al $2,522,583 148,300 0.48% Shares
RHUMBLINE ADVISERS $2,307,603 157,303 0.44% Shares
ALLIANCEBERNSTEIN L.P. $1,751,418 119,878 0.33% Shares
Swiss National Bank $1,736,312 118,358 0.33% Shares
AlphaQuest LLC $1,608,704 94,574 0.30% Shares
AMERIPRISE FINANCIAL INC $1,509,602 102,904 0.29% Shares
LOS ANGELES CAPITAL MANAGEMENT LLC $1,503,396 102,481 0.28% Shares
Skopos Labs, Inc. $1,498,198 102,546 0.28% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $1,443,029 98,366 0.27% Shares
NOMURA ASSET MANAGEMENT CO LTD $1,428,858 97,400 0.27% Shares
Summit Trail Advisors, LLC $1,411,518 96,218 0.27% Shares
Legal & General Group Plc $1,312,950 89,499 0.25% Shares
Qube Research & Technologies Ltd $1,309,312 89,251 0.25% Shares
Point72 Asset Management, L.P. $1,237,282 84,341 0.23% Shares
JUPITER ASSET MANAGEMENT LTD $1,176,197 80,177 0.22% Shares
Asset Management One Co., Ltd. $1,168,040 79,948 0.22% Shares
XTX Topco Ltd $1,086,431 74,058 0.21% Shares
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO $1,036,670 70,666 0.20% Shares
JPMORGAN CHASE & CO $995,695 67,459 0.19% Shares
Sumitomo Mitsui Trust Group, Inc. $918,137 62,586 0.17% Shares
PRUDENTIAL FINANCIAL INC $908,132 61,904 0.17% Shares
BlackRock, Inc. $901,295 61,438 0.17% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $860,880 58,924 0.16% Shares
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS $856,655 58,395 0.16% Shares
Vanguard Investments Australia, Ltd. $817,853 55,750 0.15% Shares
Amundi $798,136 54,406 0.15% Shares
RENAISSANCE TECHNOLOGIES LLC $771,642 52,600 0.15% Shares
WOLVERINE TRADING, LLC $758,100 35,000 0.14% Put option
Mitsubishi UFJ Asset Management Co., Ltd. $751,236 51,209 0.14% Shares
Jain Global LLC $747,216 50,935 0.14% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $728,321 49,647 0.14% Shares
Schonfeld Strategic Advisors LLC $668,819 45,591 0.13% Shares
STATE OF WISCONSIN INVESTMENT BOARD $665,475 45,363 0.13% Shares
BARCLAYS PLC $663,348 45,218 0.13% Shares
TWO SIGMA ADVISERS, LP $661,689 38,900 0.13% Shares
CAXTON ASSOCIATES LP $650,520 42,324 0.12% Shares
Campbell & CO Investment Adviser LLC $605,607 41,282 0.11% Shares
MERCER GLOBAL ADVISORS INC /ADV $604,521 41,208 0.11% Shares
VANGUARD ASSET MANAGEMENT, Ltd $594,634 40,534 0.11% Shares
MetLife Investment Management, LLC $557,695 38,016 0.11% Shares
Engineers Gate Manager LP $557,460 38,000 0.11% Shares
Squarepoint Ops LLC $510,325 34,787 0.10% Shares
Inspire Investing, LLC $508,136 34,780 0.10% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $467,768 31,886 0.09% Shares
Illinois Municipal Retirement Fund $466,462 31,797 0.09% Shares
Vert Asset Management LLC $460,213 31,371 0.09% Shares
JANUS HENDERSON GROUP PLC $447,972 30,662 0.08% Shares
AdvisorShares Investments LLC $435,699 29,700 0.08% Shares
Lighthouse Investment Partners, LLC $421,601 28,739 0.08% Shares
State of Tennessee, Department of Treasury $412,770 28,137 0.08% Shares
BNP PARIBAS FINANCIAL MARKETS $410,393 27,975 0.08% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $407,298 27,764 0.08% Shares
VANGUARD GROUP INC $402,201 23,645 0.08% Shares
BTG Pactual Asset Management US LLC $399,596 27,239 0.08% Shares
Aberdeen Group plc $391,733 26,703 0.07% Shares
Resona Asset Management Co.,Ltd. $389,475 26,399 0.07% Shares
DIMENSION CAPITAL MANAGEMENT LLC $380,452 25,934 0.07% Shares
Louisiana State Employees Retirement System $374,085 25,500 0.07% Shares
CAXTON ASSOCIATES LLP $368,305 25,106 0.07% Shares
Invesco Ltd. $352,740 24,045 0.07% Shares
Passive Capital Management, LLC. $350,959 20,632 0.07% Shares
Vanguard Global Advisers, LLC $341,004 23,245 0.06% Shares
HSBC HOLDINGS PLC $323,533 22,024 0.06% Shares
Daiwa Securities Group Inc. $323,385 22,044 0.06% Shares
Venture Visionary Partners LLC $293,400 20,000 0.06% Shares
NEW YORK STATE COMMON RETIREMENT FUND $288,999 19,700 0.05% Shares
Quantbot Technologies LP $288,882 19,692 0.05% Shares
Corient Private Wealth LP $278,468 18,982 0.05% Shares
FOX RUN MANAGEMENT, L.L.C. $258,955 17,652 0.05% Shares
D. E. Shaw & Co., Inc. $252,735 17,228 0.05% Shares
DEUTSCHE BANK AG\ $242,671 16,542 0.05% Shares
Police & Firemen's Retirement System of New Jersey $240,221 16,375 0.05% Shares
ARIZONA STATE RETIREMENT SYSTEM $238,857 16,282 0.05% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $237,611 16,197 0.04% Shares

Company insiders 27 insiders · 12 officers · 15 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
William Matthew Kelly Chief Executive Officer Jan. 2, 2026 A 4,622 0 0 $0
Madhumita Moina Banerjee Chief Financial Officer Jan. 2, 2026 A 0 0 1 $-504,704
Stephen W. Theriot CFO and Treasurer June 2, 2020 A 0 0 $0
Steven A Museles Chief Legal Off. & Corp. Secy June 8, 2026 S 0 0 6 $-1,037,863
Angela Valdes Chief Accounting Officer Feb. 13, 2026 A 4,775 0 0 $0
Evan Regan-Levine Chief Strategy Officer Jan. 2, 2026 A 0 0 4 $-311,764
George Laucks Xanders Chief Investment Officer Jan. 2, 2026 A 4,000 0 2 $-158,330
Kevin Reynolds Chief Development Officer Aug. 27, 2024 S 9 0 0 $0
David Peter Paul Pres. & Chief Operating Off. Dec. 9, 2022 S 1,160 0 0 $0
Brian Patrick Coulter Co-Chief Development Officer Jan. 10, 2019 A 0 0 $0
James Lee Iker Chief Investment Officer Jan. 10, 2019 A 40,017 0 0 $0
Tyrrell Patrick J Chief Administrative Officer Aug. 1, 2017 A 0 0 $0
Alisa Michelle Mall Director April 30, 2026 A 0 0 $0
Robert Alexander Stewart Director April 30, 2026 A 200,000 0 0 $0
CALDWELL PHYLLIS R Director April 30, 2026 A 0 0 $0
Michael J Glosserman Director April 30, 2026 A 0 0 0 $0
Alan S Forman Director April 30, 2026 A 5,000 0 0 $0
William J Mulrow Director April 30, 2026 A 0 0 $0
Scott A Estes Director April 30, 2026 A 20,000 0 1 $-198,700
Ellen D Shuman Director April 30, 2026 A 0 0 $0
Carol A Melton Director April 30, 2026 A 2,500 0 0 $0
Charles E Haldeman Director May 4, 2023 A 85,000 0 0 $0
Steven Roth Director April 29, 2021 A 1,493,515 0 0 $0
John F Wood Director April 30, 2020 A 0 0 $0
Mitchell N Schear Director April 30, 2020 A 0 0 $0
YALE UNIVERSITY Director Dec. 12, 2018 S 3,871,118 0 0 $0
VORNADO REALTY TRUST 10% owner July 17, 2017 J 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 55 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
GQRE · FlexShares Trust 0.22% 57,120 NS April 30, 2026 N-PORT
JPSE · J.P. Morgan Exchange-Traded Fund Tr… 0.19% 73,447 NS April 30, 2026 N-PORT
BBRE · J.P. Morgan Exchange-Traded Fund Tr… 0.17% 143,794 NS May 31, 2026 N-PORT
FREL · FIDELITY COVINGTON TRUST 0.09% 82,877 NS April 30, 2026 N-PORT
PPTY · ETF Series Solutions 0.08% 1,364 NS May 31, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.08% 457,642 NS May 31, 2026 N-PORT
DFAR · Dimensional ETF Trust 0.07% 73,693 NS April 30, 2026 N-PORT
SCHH · SCHWAB STRATEGIC TRUST 0.06% 416,868 NS May 31, 2026 N-PORT
DFGR · Dimensional ETF Trust 0.05% 118,893 NS April 30, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.05% 23,685 NS April 30, 2026 N-PORT
SAA · ProShares Trust 0.04% 707 NS May 31, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.03% 21,726 NS May 31, 2026 N-PORT
RSSL · Global X Funds 0.03% 25,923 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.02% 2,817 NS May 31, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.02% 280,893 NS May 31, 2026 N-PORT
UWM · ProShares Trust 0.01% 2,203 NS May 31, 2026 N-PORT
URTY · ProShares Trust 0.01% 2,227 NS May 31, 2026 N-PORT
FNDB · SCHWAB STRATEGIC TRUST 0.01% 5,552 NS May 31, 2026 N-PORT
TILT · FlexShares Trust 0.01% 7,854 NS April 30, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.00% 2,490 NS May 31, 2026 N-PORT
HDG · ProShares Trust 0.00% 56 NS May 31, 2026 N-PORT
SCHB · SCHWAB STRATEGIC TRUST 0.00% 36,904 NS May 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS July 15, 2026 Daily
VB · VANGUARD INDEX FUNDS July 15, 2026 Daily
VBR · VANGUARD INDEX FUNDS July 15, 2026 Daily
VTI · VANGUARD INDEX FUNDS July 15, 2026 Daily
VNQ · VANGUARD SPECIALIZED FUNDS July 15, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS July 15, 2026 Daily
VIOG · VANGUARD ADMIRAL FUNDS July 30, 2026 Daily
VIOV · VANGUARD ADMIRAL FUNDS July 15, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS July 15, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS July 15, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS July 15, 2026 Daily
IJR · iShares Trust Aug. 12, 2026 Daily
IJT · iShares Trust Aug. 17, 2026 Daily
IJS · iShares Trust Aug. 10, 2026 Daily
ITOT · iShares Trust July 22, 2026 Daily
IWV · iShares Trust Aug. 18, 2026 Daily
IWN · iShares Trust Aug. 17, 2026 Daily
IWM · iShares Trust Aug. 18, 2026 Daily
XJR · iShares Trust Aug. 18, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust July 13, 2026 Daily
ERTH · Invesco Exchange-Traded Fund Trust Aug. 18, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… July 13, 2026 Daily
ISCB · iShares Trust July 20, 2026 Daily
ISCV · iShares Trust July 20, 2026 Daily
USRT · iShares Trust Aug. 17, 2026 Daily
REET · iShares Trust July 30, 2026 Daily
SMLF · iShares Trust Aug. 10, 2026 Daily
ESML · iShares Trust Aug. 14, 2026 Daily