Long Pond Capital, LP: JBG SMITH PPTYS (JBGS): Quarterly 13F Position History
As of Q1 2026, Long Pond Capital, LP reported 4,414,269 shares of JBG SMITH PPTYS (JBGS), worth $64.5M and representing 6.6% of its 13F equity book. Quarter-over-quarter share count change: + 266,870 (+6.4%) . The position first appeared in Q3 2017 and has been disclosed across 35 13F-HR filings in Pactolio's tracked window.
- 4,414,269Shares Held (Latest Filing)
- $64.5MReported Market Value (Latest Filing)
- 6.6%Portfolio Weight (% of 13F Equity Book)
- +266,870Quarter-over-Quarter Share Change
- -$6.1MQuarter-over-Quarter Value Change
- 8,621,200Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 35 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 4,414,269 | +266,870 | +6.4% | $64.5M | 6.6% | $14.6 |
| Q4 2025 | 4,147,399 | +918,505 | +28.4% | $70.5M | 8.3% | $17.0 |
| Q3 2025 | 3,228,894 | 605,139 | -15.8% | $71.8M | 5.2% | $22.3 |
| Q2 2025 | 3,834,033 | +230,150 | +6.4% | $66.3M | 4.4% | $17.3 |
| Q1 2025 | 3,603,883 | 2,731,949 | -43.1% | $58.1M | 3.9% | $16.1 |
| Q4 2024 | 6,335,832 | 73,836 | -1.2% | $97.4M | 5.1% | $15.4 |
| Q3 2024 | 6,409,668 | 483,049 | -7.0% | $112.0M | 5.0% | $17.5 |
| Q2 2024 | 6,892,717 | 82,634 | -1.2% | $105.0M | 5.7% | $15.2 |
| Q1 2024 | 6,975,351 | 53,075 | -0.8% | $112.0M | 6.4% | $16.1 |
| Q4 2023 | 7,028,426 | 632,130 | -8.3% | $119.6M | 9.6% | $17.0 |
| Q3 2023 | 7,660,556 | 375,637 | -4.7% | $110.8M | 7.3% | $14.5 |
| Q2 2023 | 8,036,193 | 527,261 | -6.2% | $120.9M | 7.1% | $15.0 |
| Q1 2023 | 8,563,454 | +40,738 | +0.5% | $129.0M | 6.9% | $15.1 |
| Q4 2022 | 8,522,716 | 98,484 | -1.1% | $161.8M | 9.9% | $19.0 |
| Q3 2022 | 8,621,200 | 0 | — | $160.2M | 9.5% | $18.6 |
| Q2 2022 | 8,621,200 | +349,635 | +4.2% | $203.8M | 10.4% | $23.6 |
| Q1 2022 | 8,271,565 | +2,308,908 | +38.7% | $241.7M | 10.9% | $29.2 |
| Q4 2021 | 5,962,657 | +2,696,073 | +82.5% | $171.2M | 6.8% | $28.7 |
| Q3 2021 | 3,266,584 | +2,787,980 | +582.5% | $96.7M | 3.8% | $29.6 |
| Q2 2021 | 478,604 | 1,190,425 | -71.3% | $15.1M | 0.6% | $31.5 |
| Q1 2021 | 1,669,029 | 1,215,996 | -42.1% | $53.1M | 1.8% | $31.8 |
| Q4 2020 | 2,885,025 | 1,069,815 | -27.1% | $90.2M | 3.1% | $31.3 |
| Q3 2020 | 3,954,840 | +415,141 | +11.7% | $105.8M | 4.3% | $26.7 |
| Q2 2020 | 3,539,699 | +57,412 | +1.6% | $104.7M | 4.3% | $29.6 |
| Q1 2020 | 3,482,287 | +800,249 | +29.8% | $110.8M | 5.7% | $31.8 |
| Q4 2019 | 2,682,038 | +1,528,911 | +132.6% | $107.0M | 2.9% | $39.9 |
| Q3 2019 | 1,153,127 | +394,623 | +52.0% | $45.2M | 1.3% | $39.2 |
| Q2 2019 | 758,504 | 1,215,913 | -61.6% | $29.8M | 1.0% | $39.3 |
| Q1 2019 | 1,974,417 | 131,167 | -6.2% | $81.6M | 2.8% | $41.3 |
| Q4 2018 | 2,105,584 | 103,949 | -4.7% | $73.3M | 2.9% | $34.8 |
| Q3 2018 | 2,209,533 | 200,879 | -8.3% | $81.4M | 2.3% | $36.8 |
| Q2 2018 | 2,410,412 | 655,062 | -21.4% | $87.9M | 2.3% | $36.5 |
| Q1 2018 | 3,065,474 | 262,943 | -7.9% | $103.3M | 3.0% | $33.7 |
| Q4 2017 | 3,328,417 | +2,830,296 | +568.2% | $115.6M | 3.7% | $34.7 |
| Q3 2017 | 498,121 | — | — | $17.0M | 0.7% | $34.2 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Long Pond Capital, LP first disclose a JBGS position in 13F-HR filings?
Long Pond Capital, LP first reported JBG SMITH PPTYS (JBGS) on its 13F-HR filing for the period ending 2017-09-30 (Q3 2017). The position has appeared on 35 reported quarters within Pactolio's tracked window.
What was Long Pond Capital, LP's most recent quarter-over-quarter share-count change in JBGS?
Between Q4 2025 and Q1 2026, Long Pond Capital, LP added 266,870 shares of JBGS (+6.4%), bringing the total reported position to 4,414,269 shares at a market value of $64.5M.
Does the implied price-per-share represent Long Pond Capital, LP's cost basis in JBGS?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.