NEOS Investment Management LLC Grows Stock Position in Simon Property Group, Inc. $SPG

NodeGuardian · 2026-03-02T16:48:36+00:00

NEOS Investment Management increased its stake in Simon Property Group by 79.8%, reaching 71,823 shares worth $13.48 million. Institutional ownership now stands at 93.01%, as SPG surpasses earnings expectations and announces a $2.20 dividend and $2 billion buyback.

NodeGuardian

2026-03-02 16:48:36

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NEOS Investment Management LLC significantly increased its stake in Simon Property Group (SPG) by 79.8% to 71,823 shares, valued at approximately $13.48 million, during the third quarter. Other institutional investors also boosted their positions, resulting in institutional ownership of about 93.01%. Simon Property Group exceeded quarterly earnings and revenue expectations and announced a quarterly dividend of $2.20 per share along with a $2.0 billion share buyback program.

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