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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | FIRST INDL RLTY TR INC | $50.0M | 863925 | 8.45% |
| 2 | INVITATION HOMES INC | $48.9M | 1966673 | 8.26% |
| 3 | AMERICAN HEALTHCARE REIT INC | $47.7M | 1011002 | 8.06% |
| 4 | NATIONAL HEALTH INVS INC | $47.5M | 587247 | 8.03% |
| 5 | EQUINIX INC | $46.3M | 47263 | 7.83% |
| 6 | SIMON PPTY GROUP INC NEW | $40.6M | 217466 | 6.86% |
| 7 | SUN CMNTYS INC | $34.7M | 275705 | 5.87% |
| 8 | VENTAS INC | $30.0M | 367407 | 5.08% |
| 9 | TANGER INC | $27.1M | 798915 | 4.59% |
| 10 | RYMAN HOSPITALITY PPTYS INC | $26.6M | 288277 | 4.50% |
| 11 | CBRE GROUP INC | $25.1M | 185225 | 4.24% |
| 12 | CURBLINE PPTYS CORP | $23.3M | 905072 | 3.95% |
| 13 | OUTFRONT MEDIA INC | $22.6M | 854194 | 3.83% |
| 14 | PROLOGIS INC. | $22.3M | 168836 | 3.77% |
| 15 | DIGITAL RLTY TR INC | $20.6M | 114066 | 3.48% |
| 16 | GAMING & LEISURE P | $19.7M | 444623 | 3.34% |
| 17 | MARRIOTT INTL INC NEW | $19.5M | 59766 | 3.31% |
| 18 | LAMAR ADVERTISING CO | $17.0M | 134056 | 2.87% |
| 19 | SIX FLAGS ENTERTAINMENT CORP | $11.4M | 642336 | 1.93% |
| 20 | SBA COMMUNICATIONS CORP | $10.3M | 60094 | 1.75% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.