JBGSNYSEReal Estate Investment TrustsFiscal year ends December 31
JBG SMITH Properties
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$10.80−0.35 (-3.14%)
Close on Oct 19, 2026
- Market cap
- $629.47M
- P/E (TTM)
- –
- Dividend yield
- 6.48%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
76.4%
57M of 75M shares
Institutional holders
206
26 new, 32 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 8 sales
Net sold $1.29M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Portfolio Management | 6,214,106 | 10.50% | 13G (passive) | Jan 30, 2026 |
| Long Pond Capital, LP | 4,147,399 | 7.01% | 13G (passive) amendment | Dec 31, 2025 |
| John Khoury | 3,867,406 | 5.29% | 13G (passive) | Jun 30, 2025 |
| Morgan Stanley | 3,624,825 | 6.10% | 13G (passive) amendment | Mar 31, 2026 |
| Vanguard Capital Management | 3,090,692 | 5.30% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 10,897,409 | 18.70% | 13G (passive) amendment | Jun 30, 2026 |
| State Street Corporation | – | 6.62% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of JBGS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11,191,898 | 15.00% | $164.19M | +137,100 | 0.00% |
| Vanguard Portfolio Management LLC | 6,162,153 | 8.26% | $90.40M | +276,907 | 0.00% |
| Long Pond Capital, LP | 4,024,019 | 5.39% | $59.03M | −390,250 | 5.67% |
| Morgan Stanley | 3,941,026 | 5.28% | $57.81M | −71,338 | 0.00% |
| State Street Corp | 3,624,399 | 4.86% | $53.17M | −14,673 | 0.00% |
| Citigroup Inc | 2,896,089 | 3.88% | $42.49M | +11,250 | 0.01% |
| Vanguard Capital Management LLC | 2,605,133 | 3.49% | $38.22M | +182,814 | 0.00% |
| Geode Capital Management, LLC | 1,764,201 | 2.36% | $25.89M | +78,470 | 0.00% |
| Private Management Group Inc | 1,677,809 | 2.25% | $24.61M | +33,874 | 0.65% |
| Charles Schwab Investment Management Inc | 1,455,238 | 1.95% | $21.35M | −209,428 | 0.00% |
| Allianz Asset Management GmbH | 1,231,667 | 1.65% | $18.07M | +134,120 | 0.02% |
| Goldman Sachs Group Inc | 986,023 | 1.32% | $14.46M | +231,079 | 0.00% |
| T. Rowe Price Investment Management, Inc. | 973,139 | 1.30% | $14.28K | New | 0.01% |
| Dimensional Fund Advisors LP | 861,906 | 1.16% | $12.64M | −25,715 | 0.00% |
| Northern Trust Corp | 856,634 | 1.15% | $12.57M | −708,987 | 0.00% |
| Citadel Advisors LLC | 803,589 | 1.08% | $11.79M | +426,555 | 0.00% |
| Bessemer Group Inc | 563,469 | 0.76% | $8.27K | +165,758 | 0.01% |
| UBS Group AG | 514,039 | 0.69% | $7.54M | +68,903 | 0.00% |
| UBS Asset Management Americas Inc | 499,722 | 0.67% | $7.33M | +496,696 | 0.00% |
| Wells Fargo & Company/Mn | 497,019 | 0.67% | $7.29M | +29,969 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 206 | 57M | 76.4% | 26 / 62 | 73 / 32 | 5M | 4M |
| Q1 2026 | 218 | 55M | 74.3% | 31 / 58 | 78 / 27 | 11M | 5M |
| Q4 2025 | 217 | 58M | 77.8% | 27 / 53 | 92 / 33 | 6M | 7M |
| Q3 2025 | 224 | 59M | 79.6% | 31 / 52 | 95 / 23 | 5M | 12M |
| Q2 2025 | 217 | 67M | 89.5% | 33 / 48 | 97 / 25 | 3M | 13M |
| Q1 2025 | 210 | 76M | 100.0% | 26 / 67 | 68 / 24 | 4M | 6M |
| Q4 2024 | 215 | 79M | 100.0% | 29 / 55 | 83 / 27 | 5M | 4M |
| Q3 2024 | 214 | 78M | 100.0% | 26 / 51 | 83 / 19 | 18M | 7M |
| Q2 2024 | 208 | 83M | 100.0% | 23 / 54 | 86 / 22 | 5M | 25M |
| Q1 2024 | 208 | 103M | 100.0% | 24 / 44 | 90 / 24 | 10M | 5M |
| Q4 2023 | 210 | 98M | 100.0% | 27 / 36 | 110 / 34 | 10M | 15M |
| Q3 2023 | 218 | 103M | 100.0% | 26 / 51 | 96 / 30 | 4M | 11M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of JBGS | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 3,501,294 | 4.69% | $51.36M | 0.05% | Jun 30, 2026 |
| Vanguard Real Estate Index Fund | 2,244,982 | 3.01% | $31.54M | 0.04% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 1,869,868 | 2.51% | $27.43M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,571,941 | 2.11% | $23.06M | 0.03% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,336,520 | 1.79% | $19.61M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 846,321 | 1.13% | $12.42M | 0.02% | Jun 30, 2026 |
| PIMCO RAE US Small Fund | 792,458 | 1.06% | $11.63M | 0.31% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 677,997 | 0.91% | $9.95M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 669,743 | 0.90% | $9.41M | 0.03% | Jul 31, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 601,996 | 0.81% | $8.83M | 0.08% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 570,680 | 0.76% | $8.37M | 0.06% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 566,996 | 0.76% | $8.32M | 0.08% | Jun 30, 2026 |
| Old Westbury Small & Mid Cap Strategies Fund | 561,993 | 0.75% | $7.90M | 0.09% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 533,651 | 0.72% | $7.83M | 0.05% | Jun 30, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 457,642 | 0.61% | $6.71M | 0.08% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| William Matthew Kelly | Chief Executive Officer, Director | 90,727 | 0.12% | Jan 6, 2026 |
| Steven A. Museles | Chief Legal Off. & Corp. Secy | 12,032 | 0.02% | Jun 9, 2026 |
| Angela Valdes | Chief Accounting Officer | 0 | – | Feb 18, 2026 |
| Evan Regan-Levine | Chief Strategy Officer | 3,985 | 0.01% | Jan 6, 2026 |
| Madhumita Moina Banerjee | Chief Financial Officer | 0 | – | Jan 6, 2026 |
| George Laucks Xanders | Chief Investment Officer | 4,000 | 0.01% | Jan 6, 2026 |
| William J. Mulrow | Director | – | – | May 1, 2026 |
| Michael J. Glosserman | Director | 0 | – | May 1, 2026 |
| Alan S. Forman | Director | 3,000 | 0.00% | May 1, 2026 |
| Robert Alexander Stewart | Director | 250,548 | 0.34% | May 1, 2026 |
| D. Ellen Shuman | Director | – | – | May 1, 2026 |
| Alisa Michelle Mall | Director | – | – | May 1, 2026 |
| Scott A. Estes | Director | 20,000 | 0.03% | May 1, 2026 |
| Phyllis R. Caldwell | Director | – | – | May 1, 2026 |
| Carol A. Melton | Director | 2,500 | 0.00% | May 1, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Steven A. Museles Chief Legal Off. & Corp. Secy | Jun 8, 2026 | Sale | −7,978 | $15.00 | $119.67K | 12,032 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Jun 8, 2026 | Sale | −12,032 | $15.01 | $180.60K | 0 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Feb 17, 2026 | Conversion | +20,010 | – | – | 20,010 |
| Evan Regan-Levine Chief Strategy Officer | Nov 24, 2025 | Sale | −500 | $17.91 | $8.96K | 3,985 |
| Evan Regan-Levine Chief Strategy Officer | Nov 24, 2025 | Sale | −3,985 | $17.90 | $71.33K | 0 |
| Robert Alexander Stewart Director | Nov 17, 2025 | Conversion | +200,000 | – | – | 200,000 |
| Evan Regan-Levine Chief Strategy Officer | Nov 7, 2025 | Sale | −5,200 | $18.56 | $96.51K | 4,485 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Oct 31, 2025 | Sale | −16,253 | $19.58 | $318.23K | 0 |
| Scott A. Estes Director | Oct 30, 2025 | Sale | −10,000 | $19.87 | $198.70K | 20,000 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Oct 30, 2025 | Sale | −15,003 | $19.41 | $291.21K | 16,253 |
| George Laucks Xanders Chief Investment Officer | Oct 15, 2025 | Conversion | +4,000 | – | – | 4,000 |
| Evan Regan-Levine Chief Strategy Officer | Oct 15, 2025 | Conversion | +9,685 | – | – | 9,685 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Oct 15, 2025 | Conversion | +31,256 | – | – | 31,256 |
| Evan Regan-Levine Chief Strategy Officer | Sep 15, 2025 | Conversion | +5,714 | – | – | 5,714 |
| Evan Regan-Levine Chief Strategy Officer | Sep 15, 2025 | Sale | −5,714 | $23.62 | $134.96K | 0 |
| George Laucks Xanders Chief Investment Officer | Sep 12, 2025 | Sale | −4,000 | $23.44 | $93.76K | 0 |
| George Laucks Xanders Chief Investment Officer | Sep 11, 2025 | Sale | −2,750 | $23.48 | $64.57K | 4,000 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Sep 10, 2025 | Sale | −1,295 | $23.40 | $30.30K | 0 |
| Angela Valdes Chief Accounting Officer | Sep 9, 2025 | Sale | −4,775 | $23.04 | $110.02K | 0 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Sep 2, 2025 | Sale | −4,622 | $21.17 | $97.85K | 1,295 |
| Madhumita Moina Banerjee Chief Financial Officer | Aug 19, 2025 | Sale | −24,524 | $20.58 | $504.70K | 0 |
| Madhumita Moina Banerjee Chief Financial Officer | Aug 15, 2025 | Conversion | +24,524 | – | – | 24,524 |
| Angela Valdes Chief Accounting Officer | Aug 15, 2025 | Conversion | +4,775 | – | – | 4,775 |
| George Laucks Xanders Chief Investment Officer | Aug 15, 2025 | Conversion | +4,000 | – | – | 6,750 |
| George Laucks Xanders Chief Investment Officer | Jul 31, 2025 | Sale | −5,600 | $21.57 | $120.79K | 2,750 |
| Angela Valdes Chief Accounting Officer | Jul 31, 2025 | Sale | −10,098 | $21.53 | $217.41K | 0 |
| Robert Alexander Stewart Director | Mar 17, 2025 | Conversion | +20,548 | – | – | 20,548 |
| Scott A. Estes Director | Nov 1, 2024 | Sale | −20,000 | $17.26 | $345.20K | 30,000 |
| Kevin Reynolds Chief Development Officer | Aug 27, 2024 | Sale | −20,000 | $17.36 | $347.20K | 9 |
| Evan Regan-Levine Chief Strategy Officer | Aug 27, 2024 | Sale | −7,525 | $17.38 | $130.78K | 0 |
| Evan Regan-Levine Chief Strategy Officer | Jun 17, 2024 | Conversion | +7,525 | – | – | 7,525 |
| Kevin Reynolds Chief Development Officer | May 15, 2024 | Conversion | +20,000 | – | – | 20,009 |
| Kevin Reynolds Chief Development Officer | May 15, 2024 | Conversion | +20,000 | – | – | 20,009 |
| Robert Alexander Stewart Director | Mar 1, 2024 | Buy | +30,000 | $16.87 | $506.10K | 30,000 |
| Madhumita Moina Banerjee Chief Financial Officer | Mar 1, 2024 | Sale | −16,901 | $17.00 | $287.32K | 0 |
| Madhumita Moina Banerjee Chief Financial Officer | Feb 22, 2024 | Gift | −2,000 | – | – | 16,901 |
| Madhumita Moina Banerjee Chief Financial Officer | Feb 15, 2024 | Conversion | +18,901 | – | – | 18,901 |
| Angela Valdes Chief Accounting Officer | Dec 14, 2023 | Sale | −2,000 | $17.85 | $35.70K | 10,098 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Dec 13, 2023 | Sale | −10,000 | $16.49 | $164.90K | 5,822 |
| Kevin Reynolds Chief Development Officer | Dec 13, 2023 | Sale | −8,000 | $16.20 | $129.60K | 9 |
| Kevin Reynolds Chief Development Officer | Dec 13, 2023 | Sale | −8,000 | $16.34 | $130.72K | 8,009 |
| Angela Valdes Chief Accounting Officer | Jun 15, 2023 | Conversion | +10,493 | – | – | 12,098 |
| Madhumita Moina Banerjee Chief Financial Officer | Feb 23, 2023 | Sale | −41,751 | $18.14 | $757.36K | 0 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Feb 15, 2023 | Conversion | +10,000 | – | – | 15,758 |
| Madhumita Moina Banerjee Chief Financial Officer | Feb 15, 2023 | Conversion | +41,751 | – | – | 41,751 |
| David Peter Paul Pres. & Chief Operating Off. | Dec 9, 2022 | Sale | −562 | $19.93 | $11.20K | 1,160 |
| Robert Alexander Stewart Director | Nov 21, 2022 | Sale | −38,591 | $19.50 | $752.52K | 0 |
| Robert Alexander Stewart Director | Nov 18, 2022 | Sale | −47,699 | $19.51 | $930.61K | 38,591 |
| Robert Alexander Stewart Director | Nov 14, 2022 | Sale | −36,500 | $19.67 | $717.96K | 86,290 |
| George Laucks Xanders Chief Investment Officer | Sep 9, 2022 | Sale | −7,000 | $22.38 | $156.66K | 8,350 |
| William Matthew Kelly Chief Executive Officer, Director | Sep 2, 2022 | Other | −86,105 | – | – | 4,622 |
| Scott A. Estes Director | Aug 23, 2022 | Buy | +10,000 | $23.15 | $231.50K | 50,000 |
| Madhumita Moina Banerjee Chief Financial Officer | Aug 22, 2022 | Gift | −4,000 | – | – | 0 |
| William Matthew Kelly Chief Executive Officer, Director | Aug 21, 2022 | Gift | +47,673 | – | – | 47,673 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Aug 16, 2022 | Sale | −13,487 | $23.96 | $323.15K | 5,733 |
| Madhumita Moina Banerjee Chief Financial Officer | Aug 16, 2022 | Sale | −26,000 | $23.95 | $622.70K | 4,000 |
| Steven A. Museles Chief Legal Off. & Corp. Secy | Aug 15, 2022 | Conversion | +13,487 | – | – | 19,220 |
| Madhumita Moina Banerjee Chief Financial Officer | Aug 15, 2022 | Conversion | +30,000 | – | – | 30,000 |
| David Peter Paul Pres. & Chief Operating Off. | Aug 12, 2022 | Sale | −24,260 | $24.33 | $590.25K | 0 |
| David Peter Paul Pres. & Chief Operating Off. | Aug 12, 2022 | Sale | −100 | $23.23 | $2.32K | 24,260 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Steven A. Museles Officer | Jun 8, 2026 | 20,010 | $300.29K | Jun 8, 2026 | Restricted Stock Vesting |
| Steven A. Museles Officer | Oct 31, 2025 | 16,253 | $318.19K | Oct 31, 2025 | Restricted Stock Vesting |
| Steven A. Museles Officer | Oct 30, 2025 | 15,003 | $291.18K | Oct 30, 2025 | Restricted Stock Vesting |
| George Laucks Xanders Officer | Sep 12, 2025 | 4,000 | $93.76K | Sep 12, 2025 | Restricted Stock Vesting |
| Museles Steven Officer | Sep 10, 2025 | 1,294 | $30.28K | Sep 10, 2025 | Open Market Purchase |
| Angela Valdes Officer | Sep 9, 2025 | 4,775 | $110.03K | Sep 9, 2025 | Restricted Stock Vesting |
| Steven A. Museles Officer | Sep 2, 2025 | 4,622 | $97.85K | Sep 2, 2025 | ESPP Purchase |
| Madhumita Moina Banerjee Officer | Aug 19, 2025 | 24,524 | $504.59K | Aug 19, 2025 | Restricted Stock Vesting |
| Angela Valdes Officer | Jul 31, 2025 | 10,098 | $217.43K | Jul 31, 2025 | ESPP Purchase |
| George Laucks Xanders Officer | Jul 31, 2025 | 8,350 | $185.87K | Jul 31, 2025 | Conversion of operating partnership units |
| Reynolds Inter Vivos Irrevocable Trust Kevin Chief Development Officer | Aug 26, 2024 | 20,000 | $352.40K | Aug 27, 2024 | Operating partnership unit redemption. |
| Madhumita Moina Banerjee Officer | Mar 1, 2024 | 16,901 | $287.32K | Mar 1, 2024 | Restricted Stock Vesting |
| Angela Valdes Officer | Dec 14, 2023 | 2,000 | $35.71K | Dec 14, 2023 | Restricted Stock Vesting |
| Steven A. Museles Officer | Dec 13, 2023 | 10,000 | $164.91K | Dec 13, 2023 | Restricted Stock Vesting |
| Kevin Reynolds Officer | Dec 13, 2023 | 16,000 | $277.60K | Dec 13, 2023 | STOCK AWARD |