AEW CAPITAL MANAGEMENT L P

Real Assets

AEW CAPITAL MANAGEMENT L P is a Real Assets based in Boston, MA led by Jonathan E Martin, reporting $4.8B in AUM as of Q3 2025 with 98% Real Estate concentration and 68% concentrated in top 10 holdings.

CEOJonathan E Martin

Portfolio Value: $1.8B
Positions: 43
Top Holding: WELL at 11.96%
Last Reported: Q3 2025

AddressTwo Seaport Lane, Boston, MA, 02210-2021, United States

Top Holdings

Largest long holdings in AEW CAPITAL MANAGEMENT L P's portfolio (68.3% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Welltower WELL	REIT - Healthcare Facilities Real Estate	$214.7M	11.96%	-$13.9M Sold	0.18% 1.2M shares	Q4 2019 Held for 5y 11m
2 AvalonBay Communities AVB	REIT - Residential Real Estate	$132.3M	7.37%	+$33.2M Bought	0.48% 684.9K shares	Q4 2019 Held for 5y 11m
3 Realty Income O	REIT - Retail Real Estate	$130.0M	7.24%	+$40.1M Bought	0.23% 2.1M shares	Q2 2022 Held for 3y 5m
4 Prologis PLD	REIT - Industrial Real Estate	$127.4M	7.09%	-$67.6M Sold	0.12% 1.1M shares	Q4 2019 Held for 5y 11m
5 Equinix, Inc. EQIX	REIT - Specialty Real Estate	$122.6M	6.83%	-$21.4M Sold	0.16% 156.5K shares	Q4 2019 Held for 5y 11m
6 Public Storage PSA	REIT - Industrial Real Estate	$119.1M	6.63%	+$69.3K Bought	0.24% 412.3K shares	Q3 2020 Held for 5y 2m
7 Digital Realty DLR	REIT - Office Real Estate	$113.4M	6.32%	-$22.0M Sold	0.19% 655.9K shares	Q4 2019 Held for 5y 11m
8 Simon Property Group SPG	REIT - Retail Real Estate	$99.5M	5.54%	+$47.4M Bought	0.16% 530.2K shares	Q4 2021 Held for 3y 11m
9 Mid-America Apartment Communities MAA	REIT - Residential Real Estate	$86.3M	4.81%	+$15.0M Bought	0.53% 617.5K shares	Q3 2020 Held for 5y 2m
10 LXP Industrial Trust LXP	REIT - Industrial Real Estate	$81.9M	4.56%	+$31.0M Bought	3.09% 9.1M shares	Q4 2023 Held for 1y 11m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in AEW CAPITAL MANAGEMENT L P's latest filing

See all changes

GthenC

Market Value

$1.8B

Prior: $1.9B

Q/Q Change

-5.49%

-$104.2M

Net Flows % of MV

-9.7%

Turnover Ratio

21.88%

New Purchases

0 stocks

Added To

17 stocks

+$322.8M

Sold Out Of

6 stocks

$35.4M

Reduced Holdings

25 stocks

-$461.5M

Increased Positions

Position	Shares Δ	Change
1 Curbline Properties CURB	+111.22%	732.9K → 1.5M +$18.2M
2 Highwoods Properties HIW	+95.45%	1.2M → 2.3M +$36.4M
3 Simon Property Group SPG	+90.95%	277.6K → 530.2K +$47.4M
4 Brixmor Property Group BRX	+75.64%	1.6M → 2.9M +$34.4M
5 Ryman Hospitality Properties RHP	+65.0%	188.8K → 311.6K +$11.0M

Decreased Positions

Position	Shares Δ	Change
1 Extra Space Storage EXR	Sold	143.7K → 0 −$21.2M
2 VICI Properties Inc. VICI	Sold	181.2K → 0 −$5.9M
3 W.P. Carey Inc. WPC	Sold	61.6K → 0 −$3.8M
4 Healthpeak Properties DOC	Sold	127.1K → 0 −$2.2M
5 Alexandria Real Estate Equities ARE	Sold	27.9K → 0 −$2.0M