SCHEDULE 13G/A: Long Pond Capital Discloses 4.39% Passive Stake in JBG SMITH Properties

Long Pond Capital, LP, along with its general partner and principal, has filed an amended Schedule 13G disclosing a passive beneficial ownership of 4.39% in JBG SMITH Properties as of March 31, 2025.

Summary

• Long Pond Capital, LP, Long Pond Capital GP, LLC, and John Khoury have filed an Amendment No. 3 to Schedule 13G regarding their beneficial ownership in JBG SMITH Properties.
• As of March 31, 2025, the reporting persons collectively beneficially own 3,603,883 common shares of JBG SMITH Properties.
• This ownership represents 4.39% of the total class of common shares outstanding.
• The reporting persons hold shared voting power and shared dispositive power over all 3,603,883 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 240.14a-11.

Sentiment

Score: 5

Explanation: The document is a factual, neutral disclosure of beneficial ownership and does not contain information that would indicate positive or negative sentiment regarding the issuer's performance or prospects.

Future Outlook

NA

Management Comments

• The securities referred to were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This filing is a standard disclosure of a passive investment stake by an investment firm in a publicly traded real estate company. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Disclosure of a significant passive investor holding 4.39% of common shares, providing transparency on the ownership structure.

Key Dates

Keywords

JBG SMITH Properties, Long Pond Capital, Schedule 13G, Beneficial Ownership, Passive Investment, Common Shares, SEC Filing, Real Estate