NYSE · Real Estate

SIMON PPTY GROUP INC NEW SPG

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets.

Retail REIT

Company profile

Business mix

  • Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets.
  • In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries.
  • We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties.
  • At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe.

Current key questions

  • Can occupancy, rents, tenant demand, and property quality support cash flow in reit - retail?
  • How do interest rates, refinancing needs, cap rates, and development spending affect value?
  • Does portfolio recycling or capital allocation improve long-term net asset value?
Holders 1 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 14.62 FCF N/A Buyback 0.05%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Smead Capital Management 6.3% $291.0M 2026-03-31

Recent trading changes over the last 4 quarters

Net buyers 1 Last 4 13F filing periods
Net reducers 1 Last 4 13F filing periods
Unchanged holders 0 Share count unchanged
Increase amount $19.9M Estimated from net added shares
Reduction amount $144.9M Estimated from net reduced shares
Net share change / base shares -28.0% -670,014 / 2,395,932
Baron Capital Ron Baron 4 filing periods
13F 2025-06-30 Filed 2025-08-14
Major increase Shares 307.4% 13F value change +$28.9M
13F 2025-09-30 Filed 2025-11-14
Minor reduction Shares -0.5% 13F value change +$6.3M
13F 2025-12-31 Filed 2026-02-17
Minor increase Shares 5.4% 13F value change +$1.8M
13F 2026-03-31 Filed 2026-05-15
Major reduction Shares -34.3% 13F value change -$15.8M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 59,134 Last 4 periods +106,924 (+180.8%) Total shares 166,058 Value $31.0M
Smead Capital Management 4 filing periods
13F 2025-06-30 Filed 2025-08-14
Minor reduction Shares -11.8% 13F value change -$56.6M
13F 2025-09-30 Filed 2025-11-10
Minor reduction Shares -7.1% 13F value change +$28.0M
13F 2025-12-31 Filed 2026-02-09
Minor reduction Shares -6.5% 13F value change -$27.9M
13F 2026-03-31 Filed 2026-05-14
Minor reduction Shares -12.9% 13F value change -$40.6M
Settlement As of 13F 2026-03-31 · Filed 2026-05-14
Base shares 2,336,798 Last 4 periods -776,938 (-33.2%) Total shares 1,559,860 Value $291.0M

Recent mentions

No public mentions.