Which funds own CBRE
Cbre Group Inc in the Q2 2026 filings. At least 12 of the 91 current managers on file reported a position, worth $3.1bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 8 managers opened or added against 5 cutting.
- Managers holding
- 12
- at least, of 91 current
- Combined value
- $3.1bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 7
- already held
- Trimmed or sold out
- 5
- 1 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Harris Associates LP Activist · $75.4bn book | $810m | 1.1% | 6,013,890 | -$60m-408,300 | Trimmed |
| Artisan Partners LP Long-only · $63.1bn book | $501m | 0.8% | 3,718,461 | -$35m-239,535 | Trimmed |
| Millennium Management LLC Multi-strategy · $276bn book | $453m | 0.2% | 3,360,979 | -$129m-933,170 | Trimmed |
| Baillie Gifford & Co Long-only · $110bn book | $311m | 0.3% | 2,310,972 | -$26m-177,062 | Trimmed |
| D. E. Shaw & Co. Quantitative · $210bn book | $278m | 0.1% | 2,064,267 | +$221m+1,640,138 | Added |
| Janus Henderson Group Ltd Long-only · $245bn book | $242m | 0.1% | 1,792,910 | +$84m+630,650 | Added |
| Marshall Wace LLP Quantitative · $127bn book | $157m | 0.1% | 1,167,225 | +$140m+1,036,280 | Added |
| ValueAct Holdings LP Activist · $5.6bn book | $134m | 2.4% | 992,391 | +$102m+757,800 | Added |
| Man Group PLC Quantitative · $62.7bn book | $93m | 0.1% | 691,132 | +$23m+176,455 | Added |
| Tudor Investment Corp Macro · $71.9bn book | $70m | 0.1% | 515,675 | +$1.7m+15,607 | Added |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $39m | 0.2% | 288,042 | +$14m+103,508 | Added |
| Quantbot Technologies LP Quantitative · $2.5bn book | $11m | 0.4% | 79,067 | opened79,067 | New |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Winton Group Ltd · Quantitative$3.3m held before
Ownership through time
At least 28 of the 95 managers whose filings are on file listed CBRE in Q2 2026, against 8 in Q2 2013. 6 managers more than in Q1 2026: 1 started a position; 6 listed it again; 1 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 8
- Q3 2013: 9
- Q4 2013: 7
- Q1 2014: 6
- Q2 2014: 8
- Q3 2014: 8
- Q4 2014: 11
- Q1 2015: 12
- Q2 2015: 12
- Q3 2015: 11
- Q4 2015: 9
- Q1 2016: 8
- Q2 2016: 6
- Q3 2016: 8
- Q4 2016: 5
- Q1 2017: 10
- Q2 2017: 7
- Q3 2017: 10
- Q4 2017: 12
- Q1 2018: 17
- Q2 2018: 9
- Q3 2018: 13
- Q4 2018: 14
- Q1 2019: 15
- Q2 2019: 7
- Q3 2019: 8
- Q4 2019: 10
- Q1 2020: 13
- Q2 2020: 8
- Q3 2020: 10
- Q4 2020: 12
- Q1 2021: 11
- Q2 2021: 16
- Q3 2021: 15
- Q4 2021: 19
- Q1 2022: 20
- Q2 2022: 18
- Q3 2022: 18
- Q4 2022: 13
- Q1 2023: 18
- Q2 2023: 15
- Q3 2023: 16
- Q4 2023: 18
- Q1 2024: 19
- Q2 2024: 19
- Q3 2024: 20
- Q4 2024: 19
- Q1 2025: 21
- Q2 2025: 23
- Q3 2025: 22
- Q4 2025: 19
- Q1 2026: 22
- Q2 2026: 28
- Q2 2013: $1.3bn
- Q3 2013: $1.4bn
- Q4 2013: $1.6bn
- Q1 2014: $2.0bn
- Q2 2014: $2.3bn
- Q3 2014: $2.4bn
- Q4 2014: $2.8bn
- Q1 2015: $3.2bn
- Q2 2015: $3.0bn
- Q3 2015: $2.6bn
- Q4 2015: $2.7bn
- Q1 2016: $2.0bn
- Q2 2016: $1.8bn
- Q3 2016: $1.9bn
- Q4 2016: $2.2bn
- Q1 2017: $2.4bn
- Q2 2017: $2.6bn
- Q3 2017: $2.5bn
- Q4 2017: $2.8bn
- Q1 2018: $2.8bn
- Q2 2018: $2.8bn
- Q3 2018: $2.6bn
- Q4 2018: $2.3bn
- Q1 2019: $2.4bn
- Q2 2019: $2.5bn
- Q3 2019: $2.3bn
- Q4 2019: $2.9bn
- Q1 2020: $1.7bn
- Q2 2020: $2.4bn
- Q3 2020: $3.0bn
- Q4 2020: $4.4bn
- Q1 2021: $5.6bn
- Q2 2021: $6.1bn
- Q3 2021: $6.9bn
- Q4 2021: $7.7bn
- Q1 2022: $6.3bn
- Q2 2022: $4.5bn
- Q3 2022: $3.9bn
- Q4 2022: $4.4bn
- Q1 2023: $4.3bn
- Q2 2023: $5.1bn
- Q3 2023: $4.4bn
- Q4 2023: $5.9bn
- Q1 2024: $5.7bn
- Q2 2024: $4.4bn
- Q3 2024: $6.2bn
- Q4 2024: $5.8bn
- Q1 2025: $5.9bn
- Q2 2025: $5.9bn
- Q3 2025: $6.8bn
- Q4 2025: $6.7bn
- Q1 2026: $5.3bn
- Q2 2026: $6.2bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Fidelity (FMR LLC)4,637,856 to 5,601,115 shares+$130m
- ValueAct Holdings LP234,591 to 992,391 shares+$102m
- Janus Henderson Group Ltd1,162,260 to 1,792,910 shares+$85m
- Man Group PLC514,677 to 691,132 shares+$24m
- Balyasny Asset Management LLC456,276 to 607,067 shares+$20m
Largest decreases, by shares
- MFS Investment Management3,651,396 to 414,470 shares-$436m
- Invesco Ltd5,305,158 to 3,974,929 shares-$179m
- Millennium Management LLC4,294,149 to 3,360,979 shares-$126m
- Harris Associates LP6,422,190 to 6,013,890 shares-$55m
- Artisan Partners LP3,957,996 to 3,718,461 shares-$32m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Harris Associates LP | Q1 2014 | $1.8bn | $810m | |
| Fidelity (FMR LLC) | Q2 2013 | $1.5bn | $754m | |
| Invesco Ltd | Q3 2018 | $982m | $535m | |
| Artisan Partners LP | Q2 2013 | $634m | $501m | |
| Millennium Management LLC | Q4 2014 | $582m | $453m | |
| T. Rowe Price Associates Inc | Q4 2023 | $395m | $381m | |
| Citadel Advisors LLC | Q2 2019 | $344m | $344m | |
| Baillie Gifford & Co | Q2 2020 | $1.2bn | $311m | |
| AQR Capital Management LLC | Q4 2019 | $300m | $300m | |
| Jane Street Group LLC | Q2 2026 | $289m | $289m | |
| D. E. Shaw & Co. | Q2 2013 | $278m | $278m | |
| Janus Henderson Group Ltd | Q2 2017 | $321m | $242m | |
| AllianceBernstein LP | Q2 2017 | $553m | $186m | |
| Marshall Wace LLP | Q3 2017 | $157m | $157m | |
| ValueAct Holdings LP | Q2 2013 | $1.5bn | $134m | |
| Wellington Management Group LLP | Q3 2014 | $650m | last listed Q3 2024 | |
| Viking Global Investors LP | Q3 2022 | $444m | last listed Q3 2025 | |
| Farallon Capital Management LLC | Q3 2023 | $407m | last listed Q4 2025 | |
| Arrowstreet Capital LP | Q4 2017 | $282m | last listed Q3 2025 | |
| Renaissance Technologies LLC | Q1 2015 | $125m | last listed Q3 2022 | |
| Maverick Capital Ltd | Q2 2021 | $65m | last listed Q2 2024 | |
| Two Sigma Investments LP | Q2 2013 | $52m | last listed Q1 2019 | |
| Soroban Capital Partners LP | Q2 2013 | $50m | last listed Q3 2013 | |
| Two Sigma Advisers LP | Q3 2013 | $49m | last listed Q1 2018 | |
| Winton Group Ltd | Q3 2014 | $37m | last listed Q1 2026 |
What CBRE is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around CBRE →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
One email a week, free, and you can leave at any point.