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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | EQUINIX INC | $28.6M | 29162 | 11.11% |
| 2 | PROLOGIS INC. | $23.5M | 177452 | 9.12% |
| 3 | WELLTOWER INC | $22.7M | 114605 | 8.81% |
| 4 | AMERICAN TOWER CORP | $22.5M | 130238 | 8.74% |
| 5 | VENTAS INC | $19.2M | 235078 | 7.47% |
| 6 | IRON MTN INC DEL | $15.0M | 146406 | 5.81% |
| 7 | EXTRA SPACE STORAGE INC | $13.8M | 105224 | 5.36% |
| 8 | EQUITY RESIDENTIAL | $10.4M | 176172 | 4.05% |
| 9 | KIMCO REALTY CORP | $7.6M | 336205 | 2.94% |
| 10 | ESSEX PPTY TR INC | $7.4M | 30462 | 2.87% |
| 11 | MID-AMER APT CMNTYS INC | $6.8M | 55954 | 2.66% |
| 12 | HOST HOTELS & RESORTS INC | $6.5M | 340989 | 2.54% |
| 13 | REGENCY CTRS CORP | $6.5M | 85802 | 2.52% |
| 14 | EQUITY LIFESTYLE PROPERTIES | $5.7M | 91194 | 2.21% |
| 15 | HEALTHPEAK PROPERTIES INC | $5.7M | 345412 | 2.21% |
| 16 | UDR INC | $5.2M | 154165 | 2.02% |
| 17 | CAMDEN PPTY TR | $4.9M | 49818 | 1.89% |
| 18 | BRIXMOR PPTY GROUP INC | $4.2M | 147174 | 1.65% |
| 19 | FEDERAL RLTY INVT TR NEW | $4.2M | 39864 | 1.65% |
| 20 | REXFORD INDL RLTY INC | $3.8M | 115021 | 1.46% |
| 21 | BXP INC | $3.6M | 69856 | 1.41% |
| 22 | STAG INDUSTRIAL INC | $3.5M | 95788 | 1.34% |
| 23 | ALEXANDRIA REAL ESTATE EQ IN | $3.5M | 74376 | 1.34% |
| 24 | KITE REALTY GROUP TRUST | $2.4M | 96240 | 0.92% |
| 25 | MACERICH CO | $2.3M | 123105 | 0.90% |
| 26 | PHILLIPS EDISON & CO INC | $2.3M | 61202 | 0.89% |
| 27 | VORNADO RLTY TR | $2.1M | 79340 | 0.80% |
| 28 | COUSINS PPTYS INC | $1.9M | 86015 | 0.75% |
| 29 | AMERICOLD REALTY TRUST INC | $1.5M | 133882 | 0.60% |
| 30 | KILROY REALTY CORP | $1.5M | 54168 | 0.59% |
| 31 | LXP INDUSTRIAL TRUST | $1.3M | 28221 | 0.51% |
| 32 | SL GREEN RLTY CORP | $1.3M | 34173 | 0.49% |
| 33 | URBAN EDGE PPTYS | $1.1M | 55782 | 0.43% |
| 34 | DIAMONDROCK HOSPITALITY CO | $945K | 100822 | 0.37% |
| 35 | UMH PPTYS INC | $544K | 37726 | 0.21% |
| 36 | VERIS RESIDENTIAL INC | $496K | 26298 | 0.19% |
| 37 | DIGITAL RLTY TR INC | $460K | 2551 | 0.18% |
| 38 | JBG SMITH PPTYS | $458K | 31371 | 0.18% |
| 39 | SIMON PPTY GROUP INC NEW | $430K | 2303 | 0.17% |
| 40 | CENTERSPACE | $421K | 7335 | 0.16% |
| 41 | AMERICAN ASSETS TR INC | $384K | 20869 | 0.15% |
| 42 | EMPIRE ST RLTY TR INC | $292K | 56073 | 0.11% |
| 43 | AVALONBAY CMNTYS INC | $226K | 1382 | 0.09% |
| 44 | BRANDYWINE RLTY TR | $180K | 66296 | 0.07% |
| 45 | HUDSON PACIFIC PROPERTIES IN | $107K | 18047 | 0.04% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.