Aew Capital Management L P
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Aew Capital Management L P reported 47 stock positions worth $2.1 billion. Its top holding was Equinix (EQIX) at 10.4% of the portfolio, followed by Prologis (PLD, 9.3%) and Welltower (WELL, 8.6%). Compared with Q3 2024, it opened 5 new positions, sold out of 6, added to 20 and reduced 20. The biggest buy was Mid-America Apartment Comm (MAA, shares +516%) and the biggest sale Udr (UDR, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001046187
- Portfolio Value
- $2.1B (Q4 2024)
- SEC Filing
- 0001104659-25-009510 ↗ filed Feb 5, 2025
Holdings Value
Holdings 47 stocks · $2.1B
| EQIX Equinix Inc. | 10.42% | 228,551 | $215.5M | Reduce -2.7% |
| PLD Prologis Inc. | 9.34% | 1,827,221 | $193.1M | Reduce -10.5% |
| WELL Welltower Inc. | 8.58% | 1,408,478 | $177.5M | Add +2.8% |
| DLR Digital Realty Trust Inc. | 6.79% | 791,745 | $140.4M | Add +17.3% |
| PSA Public Storage | 6.36% | 439,400 | $131.6M | Add +108.6% |
| AVB Avalonbay Communities Inc. | 6.17% | 580,376 | $127.7M | Add +14.0% |
| MAA Mid-America Apartment Comm | 4.72% | 630,994 | $97.5M | Add +516.3% |
| O Realty Income Corp. | 4.14% | 1,603,758 | $85.7M | Reduce -6.1% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 3.45% | 678,887 | $71.4M | Add +55.6% |
| AMH American Homes 4 Rent- A | 3.04% | 1,681,021 | $62.9M | Reduce -5.7% |
| VTR Ventas Inc. | 2.81% | 988,126 | $58.2M | Add +33.6% |
| BRX Brixmor Property Group Inc. | 2.61% | 1,937,898 | $54.0M | Reduce -5.2% |
| BNL Broadstone Net Lease Inc. | 2.40% | 3,135,949 | $49.7M | Add +2.3% |
| LXP LXP Industrial Trust | 2.28% | 5,815,781 | $47.2M | Add +72.5% |
| IRT Independence Realty Trust Inc. | 2.22% | 2,316,915 | $46.0M | Add +23.1% |
| MAC The Macerich Co. | 2.09% | 2,170,006 | $43.2M | Add +26.4% |
| SPG Simon Property Group Inc. | 1.93% | 231,705 | $39.9M | Reduce -14.3% |
| GLPI Gaming and Leisure Propertie | 1.77% | 761,600 | $36.7M | Add +1786.5% |
| KRG Kite Realty Group Trust | 1.53% | 1,254,468 | $31.7M | New |
| HIW Highwoods Properties Inc. | 1.51% | 1,021,910 | $31.3M | New |
| CTRE Caretrust REIT Inc. | 1.27% | 974,702 | $26.4M | Add +60.2% |
| INVH Invitation Homes Inc. | 1.17% | 759,945 | $24.3M | Add +18.9% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 1.16% | 334,731 | $24.0M | Add +4.4% |
| RHP Ryman Hospitality Properties | 1.15% | 227,856 | $23.8M | Reduce -35.2% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 1.14% | 191,660 | $23.6M | No change |
| PECO Phillips Edison & Company Inc. | 1.14% | 627,889 | $23.5M | Add +47.0% |
| KRC Kilroy Realty Corp. | 1.11% | 569,199 | $23.0M | Reduce -4.6% |
| EXR Extra Space Storage Inc. | 1.08% | 149,379 | $22.3M | Reduce -74.3% |
| VNO Vornado Realty Trust | 1.00% | 490,000 | $20.6M | New |
| CPT Camden Property Trust | 0.89% | 158,455 | $18.4M | Add +26.2% |
| ESS Essex Property Trust Inc. | 0.83% | 59,791 | $17.1M | Reduce -4.6% |
| HR Healthcare Realty Trust Inc. | 0.75% | 920,560 | $15.6M | Add +1582.3% |
| CURB Curbline Properties Corp. | 0.69% | 610,627 | $14.2M | New |
| EGP Eastgroup Properties Inc. | 0.55% | 70,739 | $11.4M | Add +5.9% |
| UDR Udr Inc. | 0.51% | 243,368 | $10.6M | Reduce -88.8% |
| ELS Equity Lifestyle Properties | 0.50% | 156,223 | $10.4M | Reduce -2.4% |
| WPC WP Carey Inc. | 0.37% | 139,640 | $7.6M | No change |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.25% | 179,030 | $5.2M | Reduce -90.9% |
| ARE Alexandria Real Estate Equit | 0.12% | 25,810 | $2.5M | Reduce -4.5% |
| DOC Healthpeak Properties Inc. | 0.12% | 117,479 | $2.4M | Reduce -95.7% |
| XRN Global Medical REIT Inc. | 0.01% | 29,820 | $230K | New |
| REG Regency Centers Corp. | 0.01% | 1,800 | $133K | Reduce -99.7% |
| STAG Stag Industrial Inc. | 0.01% | 3,200 | $108K | Add +52.4% |
| SKT Tanger Inc. | 0.00% | 2,800 | $96K | Reduce -99.5% |
| LINE Lineage Inc. | 0.00% | 500 | $29K | Reduce -99.8% |
| ADC Agree Realty Corp. | 0.00% | 400 | $28K | Reduce -75.0% |
| CUBE Cubesmart | 0.00% | 400 | $17K | Reduce -69.2% |
Portfolio Sells Q3 2024 → Q4 2024
| UDR Udr Inc. | Reduce -88.8% | 0.51% | −3.75 |
| EXR Extra Space Storage Inc. | Reduce -74.3% | 1.08% | −3.43 |
| VICI Vici Properties Inc. | Reduce -90.9% | 0.25% | −2.58 |
| DOC Healthpeak Properties Inc. | Reduce -95.7% | 0.12% | −2.57 |
| AMT American Tower Corp. | Sold out | 0.00% | −2.04 |
| REG Regency Centers Corp. | Reduce -99.7% | 0.01% | −1.97 |
| PLD Prologis Inc. | Reduce -10.5% | 9.34% | −1.76 |
| BXP BXP Inc. | Sold out | 0.00% | −1.72 |
| COLD Americold Realty Trust Inc. | Sold out | 0.00% | −1.60 |
| SAFE Safehold Inc. | Sold out | 0.00% | −1.25 |
| SKT Tanger Inc. | Reduce -99.5% | 0.00% | −0.75 |
| LINE Lineage Inc. | Reduce -99.8% | 0.00% | −0.75 |
| ESRT Empire State Realty Trust-A | Sold out | 0.00% | −0.72 |
| O Realty Income Corp. | Reduce -6.1% | 4.14% | −0.52 |
| RHP Ryman Hospitality Properties | Reduce -35.2% | 1.15% | −0.47 |
| SPG Simon Property Group Inc. | Reduce -14.3% | 1.93% | −0.04 |
| ARE Alexandria Real Estate Equit | Reduce -4.5% | 0.12% | −0.02 |
| ADC Agree Realty Corp. | Reduce -75.0% | 0.00% | −0.00 |
| REXR Rexford Industrial Realty Inc. | Sold out | 0.00% | −0.00 |
| CUBE Cubesmart | Reduce -69.2% | 0.00% | −0.00 |
| ELS Equity Lifestyle Properties | Reduce -2.4% | 0.50% | +0.01 |
| ESS Essex Property Trust Inc. | Reduce -4.6% | 0.83% | +0.03 |
| AMH American Homes 4 Rent- A | Reduce -5.7% | 3.04% | +0.10 |
| KRC Kilroy Realty Corp. | Reduce -4.6% | 1.11% | +0.12 |
| BRX Brixmor Property Group Inc. | Reduce -5.2% | 2.61% | +0.16 |
| EQIX Equinix Inc. | Reduce -2.7% | 10.42% | +1.44 |
Portfolio Buys Q3 2024 → Q4 2024
| MAA Mid-America Apartment Comm | Add +516.3% | 4.72% | +4.01 |
| PSA Public Storage | Add +108.6% | 6.36% | +3.06 |
| DLR Digital Realty Trust Inc. | Add +17.3% | 6.79% | +2.09 |
| GLPI Gaming and Leisure Propertie | Add +1786.5% | 1.77% | +1.68 |
| KRG Kite Realty Group Trust | New | 1.53% | +1.53 |
| HIW Highwoods Properties Inc. | New | 1.51% | +1.51 |
| AVB Avalonbay Communities Inc. | Add +14.0% | 6.17% | +1.24 |
| IRM Iron Mountain Inc. | Add +55.6% | 3.45% | +1.22 |
| WELL Welltower Inc. | Add +2.8% | 8.58% | +1.03 |
| VNO Vornado Realty Trust | New | 1.00% | +1.00 |
| LXP LXP Industrial Trust | Add +72.5% | 2.28% | +0.82 |
| VTR Ventas Inc. | Add +33.6% | 2.81% | +0.77 |
| MAC The Macerich Co. | Add +26.4% | 2.09% | +0.74 |
| HR Healthcare Realty Trust Inc. | Add +1582.3% | 0.75% | +0.71 |
| CURB Curbline Properties Corp. | New | 0.69% | +0.69 |
| IRT Independence Realty Trust Inc. | Add +23.1% | 2.22% | +0.56 |
| CTRE Caretrust REIT Inc. | Add +60.2% | 1.27% | +0.47 |
| PECO Phillips Edison & Company Inc. | Add +47.0% | 1.14% | +0.44 |
| CPT Camden Property Trust | Add +26.2% | 0.89% | +0.22 |
| INVH Invitation Homes Inc. | Add +18.9% | 1.17% | +0.20 |
| VMRK Vivmark Residential | Add +4.4% | 1.16% | +0.13 |
| EGP Eastgroup Properties Inc. | Add +5.9% | 0.55% | +0.01 |
| XRN Global Medical REIT Inc. | New | 0.01% | +0.01 |
| STAG Stag Industrial Inc. | Add +52.4% | 0.01% | +0.00 |
| BNL Broadstone Net Lease Inc. | Add +2.3% | 2.40% | −0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $1.7B | WELL, PLD, EQIX, AVB, SPG |
| Q1 2026 | 39 | $1.4B | WELL, PLD, EQIX, AVB, DLR |
| Q4 2025 | 37 | $1.4B | WELL, PLD, O, AVB, EQIX |
| Q3 2025 | 43 | $1.8B | WELL, AVB, O, PLD, EQIX |
| Q2 2025 | 48 | $1.9B | WELL, PLD, EQIX, DLR, PSA |
| Q1 2025 | 48 | $2.0B | WELL, PLD, EQIX, PSA, AVB |
| Q4 2024 | 47 | $2.1B | EQIX, PLD, WELL, DLR, PSA |
| Q3 2024 | 48 | $2.3B | PLD, EQIX, WELL, AVB, DLR |
| Q2 2024 | 45 | $2.1B | PLD, EQIX, WELL, AVB, DLR |
| Q1 2024 | 46 | $2.1B | PLD, EQIX, WELL, AVB, VICI |