AEW CAPITAL MANAGEMENT L P

Fundamental concentrated ★Highest signal real_estate specialist (100%) CIK 1046187
League rank
#460
in Fundamental concentrated · #1433 overall
Long book
$1.38B
Q1 2026
Positions
40
Top-10 weight
70%
concentration
Last quarter
+15.4%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

AEW CAPITAL MANAGEMENT L P is a concentrated fundamental stock-picker, specialised in real_estate (100% of the long book), running a $1.38B US long book across 40 positions.

The portfolio is concentrated: the top 10 names carry 70% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: WELLTOWER INC, PROLOGIS INC, EQUINIX INC, AVALONBAY COMMUNITIES INC, DIGITAL REALTY TRUST INC.

Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.2%
Q2 2024
+16.4%
Q3 2024
-6.3%
Q4 2024
+1.0%
Q1 2025
-0.8%
Q2 2025
+4.0%
Q3 2025
-1.3%
Q4 2025
+3.7%
Q1 2026
+15.4%

Sector allocation

Real estate
100%

Long book by quarter

$2.05B
Q1 2024
$2.07B
Q2 2024
$2.32B
Q3 2024
$2.07B
Q4 2024
$2.05B
Q1 2025
$1.90B
Q2 2025
$1.80B
Q3 2025
$1.38B
Q4 2025
$1.38B
Q1 2026

What does AEW CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
PEB PEBBLEBROOK HOTEL TRUSTReal estate3.5K$68K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 28, 202678$1.38B canonicalSEC ↗
Q4 202513F-HRFeb 6, 202673$1.38B canonicalSEC ↗
Q3 202513F-HRNov 10, 202581$1.80B canonicalSEC ↗
Q2 202513F-HRAug 6, 202592$1.90B canonicalSEC ↗
Q1 202513F-HRMay 14, 202591$2.05B canonicalSEC ↗
Q4 202413F-HRFeb 5, 202588$2.07B canonicalSEC ↗
Q3 202413F-HRNov 14, 202493$2.32B canonicalSEC ↗
Q2 202413F-HRAug 14, 202445$2.07B canonicalSEC ↗
Q1 202413F-HRMay 8, 202446$2.05B canonicalSEC ↗