Simon Property Group Inc (NYSE:SPG), Equity Residential (NYSE:EQR), Boston Properties, Inc. (NYSE:BXP) are among the top three primary stock investments of Aew Capital Management, as per its recent SEC 13F filing. The investment manager has a current investment portfolio of $4.08 billion with primary investments in the finance industry.
Simon Property Group Inc (NYSE:SPG) is the largest stock holding of Aew Capital Management, which owns 3,055,125 shares of the company with current market value of $502 million. Simon Property Group Inc (NYSE:SPG) announced its third quarter 2014 financial results with net income of $252 million or 81 cents per diluted share of the company. Some of the primary investors of Simon Property Group Inc (NYSE:SPG) include Aew Capital Management, D E Shaw, and Aqr Capital Management. The shares of Simon Property hit all time high of $205.73 on January 26, 2015. (Click here to see a complete list of investors with stakes in Simon Property Group at the end of third quarter 2014)
Equity Residential (NYSE:EQR) is the second largest stock investment of Aew Capital Management with 4,143,942 shares of the company at net market value of $255 million. Equity Residential (NYSE:EQR) announced net income of $220 million available to common shareholders on quarterly revenues of $664 million in its third quarter 2014 financial results. Aew Capital Management, Adage Capital Management, and Aqr Capital Management are among the top three investors of Equity Residential (NYSE:EQR). The shares of the property investment company are trading at $80.38 with current market cap of $29.13 billion.
Aew Capital Management has its third largest stock investment in Boston Properties, Inc. (NYSE:BXP) with 2,188,083 shares of the company at current market value of $253 million. Boston Properties, Inc. (NYSE:BXP) reported net revenues of $618 million in its third quarter 2014 with net income of $127 million attributable to its shareholders. Some of the primary investors of Boston Properties, Inc. (NYSE:BXP) include Aew Capital Management, Adage Capital Management, and Aqr Capital Management. The shares of Boston Properties are trading at $144.51 with current market cap of $22.12 billion.
This article has been written by Prakash Pandey.