<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: AEW Capital Management, L.P.
Address: 225 Franklin Street
Boston, MA 02110
13F File Number: 28-6538
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: James J. Finnegan
Title: Vice President of AEW Capital Management, Inc., General Partner of AEW
Capital Management, L.P.
Phone: (617) 261-9324
Signature, Place and Date of Signing:
/s/ James J. Finnegan Boston, Massachuetts
---------------------- ----------------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[ X ] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
Form 13F File Number: Name
NONE
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 71
Form 13F Information Table Value Total: $1,004,559
List of Other Included Managers:
<TABLE>
<CAPTION>
No. Form 13 File Number Name
<S> <C>
1 28-6536 AEW Capital Management, Inc.
2 28-5952 MetLife New England Holdings, Inc.
3 28-3714 Metropolitan Life Insurance Company
4 28-6808 Nvest Companies, L.P.
</TABLE>
<PAGE>
FORM 13F INFORMATION TABLE
Name of Reporting Manager: AEW Capital Management, L.P.
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
VALUE SH of
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
AMB Property Corp Common Stock 00163T109 26,407 1,123,685
- -------------------------------------------------------------------------------------------------------------------------
American Real Estate Inv Corp Common Stock 029166105 20,303 1,212,121
- -------------------------------------------------------------------------------------------------------------------------
Apartment Invt & Mgmt Common Stock 03748r101 60,792 1,422,038
- -------------------------------------------------------------------------------------------------------------------------
Archstone Communities Common Stock 039581103 38,207 1,741,644
- -------------------------------------------------------------------------------------------------------------------------
Arden Realty Common Stock 039793104 16,349 663,900
- -------------------------------------------------------------------------------------------------------------------------
Avalon Bay Communities Common Stock 053484101 23,974 647,952
- -------------------------------------------------------------------------------------------------------------------------
Beacon Capital Common Stock 073561102 1,891 125,000
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Boston Properties, Inc. Common Stock 101121101 27,599 769,300
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Bradley Realty Trust Common Stock 104580105 16,110 776,400
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Cabot Industrial Trust Common Stock 127072106 8,493 399,650
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Camden Property Trust Common Stock 133131102 22,971 827,773
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CarrAmerica Realty Common Stock 144418100 12,244 489,750
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Catellus Development Common Stock 149111106 73 4,800
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Charles E. Smith Res. Common Stock 832197107 23,821 701,900
- -------------------------------------------------------------------------------------------------------------------------
Colonial Properties Trust Common Stock 195872106 605 21,400
- -------------------------------------------------------------------------------------------------------------------------
Commercial Net Lease Common Stock 202218103 1,209 93,900
- -------------------------------------------------------------------------------------------------------------------------
Cornerstone Pptys Inc. Common Stock 21922H103 40,526 2,552,850
- -------------------------------------------------------------------------------------------------------------------------
Cousins Properties Common Stock 222795106 4,764 140,900
- -------------------------------------------------------------------------------------------------------------------------
Crescent Real Estate Eqt Common Stock 225756105 15,991 673,300
- -------------------------------------------------------------------------------------------------------------------------
Developers Diversified Common Stock 251591103 28,568 1,692,897
- -------------------------------------------------------------------------------------------------------------------------
Developers Diversified Realty(P) Preferred Stock 251591806 3,430 140,000
- -------------------------------------------------------------------------------------------------------------------------
Duke Realty Investments Common Stock 264411505 6,653 294,881
- -------------------------------------------------------------------------------------------------------------------------
Entertainment Pptys Tr Common Stock 29380T105 4,986 282,900
- -------------------------------------------------------------------------------------------------------------------------
Equity Office Properties Common Stock 294741103 47,099 1,838,016
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------------
INVESTMENT OTHER VOTING AUTHORITY
-------------------------------------------------
NAME OF ISSUER DISCRETION MANAGERS SOLE SHARED NONE
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
AMB Property Corp Shared-Defined 01 02 03 04 1,123,685
- --------------------------------------------------------------------------------------------------------------------------------
American Real Estate Inv Corp Shared-Defined 01 02 03 04 1,212,121
- --------------------------------------------------------------------------------------------------------------------------------
Apartment Invt & Mgmt Shared-Defined 01 02 03 04 1,422,038
- --------------------------------------------------------------------------------------------------------------------------------
Archstone Communities Shared-Defined 01 02 03 04 1,741,644
- -------------------------------------------------------------------------------------------------------------------------------
Arden Realty Shared-Defined 01 02 03 04 663,900
- --------------------------------------------------------------------------------------------------------------------------------
Avalon Bay Communities Shared-Defined 01 02 03 04 647,952
- --------------------------------------------------------------------------------------------------------------------------------
Beacon Capital Shared-Defined 01 02 03 04 125,000
- --------------------------------------------------------------------------------------------------------------------------------
Boston Properties, Inc. Shared-Defined 01 02 03 04 769,300
- --------------------------------------------------------------------------------------------------------------------------------
Bradley Realty Trust Shared-Defined 01 02 03 04 776,400
- --------------------------------------------------------------------------------------------------------------------------------
Cabot Industrial Trust Shared-Defined 01 02 03 04 399,650
- --------------------------------------------------------------------------------------------------------------------------------
Camden Property Trust Shared-Defined 01 02 03 04 827,773
- --------------------------------------------------------------------------------------------------------------------------------
CarrAmerica Realty Shared-Defined 01 02 03 04 489,750
- --------------------------------------------------------------------------------------------------------------------------------
Catellus Development Shared-Defined 01 02 03 04 4,800
- --------------------------------------------------------------------------------------------------------------------------------
Charles E. Smith Res. Shared-Defined 01 02 03 04 701,900
- --------------------------------------------------------------------------------------------------------------------------------
Colonial Properties Trust Shared-Defined 01 02 03 04 21,400
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Commercial Net Lease Shared-Defined 01 02 03 04 93,900
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Cornerstone Pptys Inc. Shared-Defined 01 02 03 04 2,552,850
- --------------------------------------------------------------------------------------------------------------------------------
Cousins Properties Shared-Defined 01 02 03 04 140,900
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Crescent Real Estate Eqt Shared-Defined 01 02 03 04 673,300
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Developers Diversified Shared-Defined 01 02 03 04 1,692,897
- --------------------------------------------------------------------------------------------------------------------------------
Developers Diversified Realty(P) Shared-Defined 01 02 03 04 140,000
- --------------------------------------------------------------------------------------------------------------------------------
Duke Realty Investments Shared-Defined 01 02 03 04 294,881
- --------------------------------------------------------------------------------------------------------------------------------
Entertainment Pptys Tr Shared-Defined 01 02 03 04 282,900
- --------------------------------------------------------------------------------------------------------------------------------
Equity Office Properties Shared-Defined 01 02 03 04 1,838,016
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
FORM 13F INFORMATION TABLE
Name of Reporting Manager: AEW Capital Management, L.P.
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
VALUE SH of
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Equity Residential Common Stock 29476l107 28,612 634,946
- -------------------------------------------------------------------------------------------------------------------------
Federal Realty Invs Trust Common Stock 313747206 1,835 80,000
- -------------------------------------------------------------------------------------------------------------------------
Felcor Lodging Trust Inc Common Stock 31430f101 10,323 497,500
- -------------------------------------------------------------------------------------------------------------------------
First Industrial Realty Tr Common Stock 32054k103 173 6,300
- -------------------------------------------------------------------------------------------------------------------------
Franchise Finance Corp Of Am Common Stock 351807102 2,167 97,400
- -------------------------------------------------------------------------------------------------------------------------
General Growth Prop Preferred Stock 370021107 9,546 268,900
- -------------------------------------------------------------------------------------------------------------------------
Glimcher Realty Trust Common Stock 379302102 8,508 519,600
- -------------------------------------------------------------------------------------------------------------------------
Golf Trust Of America Common Stock 38168b103 23,763 972,404
- -------------------------------------------------------------------------------------------------------------------------
Highwoods Properties Common Stock 431284108 17,873 651,420
- -------------------------------------------------------------------------------------------------------------------------
Hospitality Properties Common Stock 44106m102 27,235 1,004,050
- -------------------------------------------------------------------------------------------------------------------------
Host Marriott Corp. Common Stock 44107p104 10,258 863,841
- -------------------------------------------------------------------------------------------------------------------------
JP Realty Inc. Common Stock 46624a106 2,511 122,100
- -------------------------------------------------------------------------------------------------------------------------
Kilroy Realty Corp. Common Stock 49427f108 13,131 538,700
- -------------------------------------------------------------------------------------------------------------------------
Kimco Realty Corp. Common Stock 49446r109 7,974 200,600
- -------------------------------------------------------------------------------------------------------------------------
Kranzco Realty Trust Common Stock 50076e103 990 74,700
- -------------------------------------------------------------------------------------------------------------------------
LaSalle Hotel Properties Common Stock 517942108 1,148 75,000
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Liberty Property Trust Common Stock 531172104 8,517 342,400
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Macerich Company (the) Common Stock 554382101 10,602 403,900
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Mack Cali Realty Corp Common Stock 554489104 2,481 80,200
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Philips Int'l Realty Common Stock 718333107 5,363 317,800
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Post Properties, Inc. Common Stock 737464107 34,366 838,196
- -------------------------------------------------------------------------------------------------------------------------
Prentiss Properties Common Stock 740706106 9,417 398,600
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Price Enterprises, Inc. Common Stock 741444202 72 10,000
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Prime Group Realty Trust Common Stock 74158j103 58 3,400
- -------------------------------------------------------------------------------------------------------------------------
Prime Retail Inc. Common Stock 741570105 5,739 660,600
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------------
INVESTMENT OTHER VOTING AUTHORITY
-------------------------------------------------
NAME OF ISSUER DISCRETION MANAGERS SOLE SHARED NONE
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Equity Residential Shared-Defined 01 02 03 04 634,946
- --------------------------------------------------------------------------------------------------------------------------------
Federal Realty Invs Trust Shared-Defined 01 02 03 04 80,000
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Felcor Lodging Trust Inc Shared-Defined 01 02 03 04 497,500
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First Industrial Realty Tr Shared-Defined 01 02 03 04 6,300
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Franchise Finance Corp Of Am Shared-Defined 01 02 03 04 97,400
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General Growth Prop Shared-Defined 01 02 03 04 268,900
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Glimcher Realty Trust Shared-Defined 01 02 03 04 519,600
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Golf Trust Of America Shared-Defined 01 02 03 04 972,404
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Highwoods Properties Shared-Defined 01 02 03 04 651,420
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Hospitality Properties Shared-Defined 01 02 03 04 1,004,050
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Host Marriott Corp. Shared-Defined 01 02 03 04 863,841
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JP Realty Inc. Shared-Defined 01 02 03 04 122,100
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Kilroy Realty Corp. Shared-Defined 01 02 03 04 538,700
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Kimco Realty Corp. Shared-Defined 01 02 03 04 200,600
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Kranzco Realty Trust Shared-Defined 01 02 03 04 74,700
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LaSalle Hotel Properties Shared-Defined 01 02 03 04 75,000
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Liberty Property Trust Shared-Defined 01 02 03 04 342,400
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Macerich Company (the) Shared-Defined 01 02 03 04 403,900
- --------------------------------------------------------------------------------------------------------------------------------
Mack Cali Realty Corp Shared-Defined 01 02 03 04 80,200
- --------------------------------------------------------------------------------------------------------------------------------
Philips Int'l Realty Shared-Defined 01 02 03 04 317,800
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Post Properties, Inc. Shared-Defined 01 02 03 04 838,196
- --------------------------------------------------------------------------------------------------------------------------------
Prentiss Properties Shared-Defined 01 02 03 04 398,600
- --------------------------------------------------------------------------------------------------------------------------------
Price Enterprises, Inc. Shared-Defined 01 02 03 04 10,000
- --------------------------------------------------------------------------------------------------------------------------------
Prime Group Realty Trust Shared-Defined 01 02 03 04 3,400
- --------------------------------------------------------------------------------------------------------------------------------
Prime Retail Inc. Shared-Defined 01 02 03 04 660,600
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
FORM 13F INFORMATION TABLE
Name of Reporting Manager: AEW Capital Management, L.P.
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
VALUE SH of
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Prison Realty Trust Inc. Common Stock 74264N105 5,182 528,100
- -------------------------------------------------------------------------------------------------------------------------
Prologis Trust Common Stock 743410102 19,850 980,269
- -------------------------------------------------------------------------------------------------------------------------
Public Storage Inc. Common Stock 74460d109 38,256 1,366,300
- -------------------------------------------------------------------------------------------------------------------------
Regency Realty Corp. Common Stock 758939102 8,740 398,400
- -------------------------------------------------------------------------------------------------------------------------
RFS Hotel Investors, Inc. Common Stock 74955j108 864 68,800
- -------------------------------------------------------------------------------------------------------------------------
Rouse Co. Common Stock 779273101 6,412 252,700
- -------------------------------------------------------------------------------------------------------------------------
Shurgard Storage Ctrs Common Stock 82567d104 7,145 263,400
- -------------------------------------------------------------------------------------------------------------------------
Simon Property Group Common Stock 828806109 34,330 1,352,920
- -------------------------------------------------------------------------------------------------------------------------
SL Green Realty Corp Common Stock 78440x101 112 5,500
- -------------------------------------------------------------------------------------------------------------------------
Spieker Properties Inc. Common Stock 848497103 25,607 658,700
- -------------------------------------------------------------------------------------------------------------------------
Starwood Hotels & Resorts Common Stock 85590A203 14,413 471,600
- -------------------------------------------------------------------------------------------------------------------------
Summit Properties Common Stock 866239106 11,386 576,500
- -------------------------------------------------------------------------------------------------------------------------
Sun Communities Inc. Common Stock 866674104 4,475 126,050
- -------------------------------------------------------------------------------------------------------------------------
Tanger Factory Outlets Common Stock 875465106 7,524 289,400
- -------------------------------------------------------------------------------------------------------------------------
Taubman Centers, Inc. Common Stock 876664103 9,435 715,450
- -------------------------------------------------------------------------------------------------------------------------
Trinet Corporate Rlty Common Stock 896287109 3,893 140,600
- -------------------------------------------------------------------------------------------------------------------------
Trizec Hahn Corp. Common Stock 896938107 6,513 319,650
- -------------------------------------------------------------------------------------------------------------------------
Urban Shopping Ctrs Common Stock 917060105 7,324 232,500
- -------------------------------------------------------------------------------------------------------------------------
Vornado Realty Trust. Common Stock 929042109 14,132 400,200
- -------------------------------------------------------------------------------------------------------------------------
Weeks Corporation Common Stock 94856p102 43,665 1,431,629
- -------------------------------------------------------------------------------------------------------------------------
Weeks Corporation(Preferred) Preferred Stock 94856P201 33,600 1,400,000
- -------------------------------------------------------------------------------------------------------------------------
Wyndham International Common Stock 983101106 5,973 1,327,300
- -------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------
Column Totals 1,004,559 41,605,482
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
INVESTMENT OTHER VOTING AUTHORITY
-------------------------------------------------
NAME OF ISSUER DISCRETION MANAGERS SOLE SHARED NONE
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Prison Realty Trust Inc. Shared-Defined 01 02 03 04 528,100
- -------------------------------------------------------------------------------------------------------------------------------
Prologis Trust Shared-Defined 01 02 03 04 980,269
- -------------------------------------------------------------------------------------------------------------------------------
Public Storage Inc. Shared-Defined 01 02 03 04 1,366,300
- -------------------------------------------------------------------------------------------------------------------------------
Regency Realty Corp. Shared-Defined 01 02 03 04 398,400
- -------------------------------------------------------------------------------------------------------------------------------
RFS Hotel Investors, Inc. Shared-Defined 01 02 03 04 68,800
- -------------------------------------------------------------------------------------------------------------------------------
Rouse Co. Shared-Defined 01 02 03 04 252,700
- -------------------------------------------------------------------------------------------------------------------------------
Shurgard Storage Ctrs Shared-Defined 01 02 03 04 263,400
- -------------------------------------------------------------------------------------------------------------------------------
Simon Property Group Shared-Defined 01 02 03 04 1,352,920
- -------------------------------------------------------------------------------------------------------------------------------
SL Green Realty Corp Shared-Defined 01 02 03 04 5,500
- -------------------------------------------------------------------------------------------------------------------------------
Spieker Properties Inc. Shared-Defined 01 02 03 04 658,700
- -------------------------------------------------------------------------------------------------------------------------------
Starwood Hotels & Resorts Shared-Defined 01 02 03 04 471,600
- -------------------------------------------------------------------------------------------------------------------------------
Summit Properties Shared-Defined 01 02 03 04 576,500
- -------------------------------------------------------------------------------------------------------------------------------
Sun Communities Inc. Shared-Defined 01 02 03 04 126,050
- -------------------------------------------------------------------------------------------------------------------------------
Tanger Factory Outlets Shared-Defined 01 02 03 04 289,400
- -------------------------------------------------------------------------------------------------------------------------------
Taubman Centers, Inc. Shared-Defined 01 02 03 04 715,450
- -------------------------------------------------------------------------------------------------------------------------------
Trinet Corporate Rlty Shared-Defined 01 02 03 04 140,600
- -------------------------------------------------------------------------------------------------------------------------------
Trizec Hahn Corp. Shared-Defined 01 02 03 04 319,650
- -------------------------------------------------------------------------------------------------------------------------------
Urban Shopping Ctrs Shared-Defined 01 02 03 04 232,500
- -------------------------------------------------------------------------------------------------------------------------------
Vornado Realty Trust. Shared-Defined 01 02 03 04 400,200
- -------------------------------------------------------------------------------------------------------------------------------
Weeks Corporation Shared-Defined 01 02 03 04 1,431,629
- -------------------------------------------------------------------------------------------------------------------------------
Weeks Corporation(Preferred) Shared-Defined 01 02 03 04 1,400,000
- -------------------------------------------------------------------------------------------------------------------------------
Wyndham International Shared-Defined 01 02 03 04 1,327,300
- -------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------
Column Totals 41,605,482
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
