The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 | |||||
| VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY | ||||||
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | (to the nearest dollar) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| Alerian MLP ETF | ALERIAN MLP | 00162Q452 | 243,020 | 5,178 | SH | SOLE | 1 | 5,178 | 0 | 0 | ||
| American Assets Trust Inc | COM | 024013104 | 19,934 | 981 | SH | DFND | 1 | 981 | 0 | 0 | ||
| American Electric Power Co Inc | COM | 025537101 | 4,217,625 | 37,490 | SH | DFND | 1 | 37,490 | 0 | 0 | ||
| American Healthcare REIT Inc | COM SHS | 398182303 | 16,152,761 | 384,498 | SH | DFND | 1 | 230,167 | 0 | 154,331 | ||
| American Tower Corp | COM | 03027X100 | 75,944,091 | 394,884 | SH | DFND | 1 | 381,908 | 0 | 12,976 | ||
| American Water Works Co Inc | COM | 030420103 | 68,081,309 | 489,125 | SH | DFND | 1 | 461,799 | 0 | 27,326 | ||
| Antero Midstream Corp | COM | 03676B102 | 36,364,892 | 1,870,622 | SH | DFND | 1 | 1,870,622 | 0 | 0 | ||
| Arbor Realty Trust Inc | COM | 038923108 | 61,331 | 5,023 | SH | DFND | 1 | 5,023 | 0 | 0 | ||
| Aris Water Solutions Inc | CLASS A COM | 04041L106 | 31,379,850 | 1,272,500 | SH | DFND | 1 | 1,272,500 | 0 | 0 | ||
| Array Digital Infrastructure I | COM | 911684108 | 137,878 | 2,757 | SH | DFND | 1 | 2,757 | 0 | 0 | ||
| AvalonBay Communities Inc | COM | 053484101 | 40,661,126 | 210,494 | SH | DFND | 1 | 132,453 | 0 | 78,041 | ||
| Brixmor Property Group Inc | COM | 11120U105 | 20,859,842 | 753,607 | SH | DFND | 1 | 490,538 | 0 | 263,069 | ||
| Broadstone Net Lease Inc | COM | 11135E203 | 10,071,461 | 563,596 | SH | DFND | 1 | 362,828 | 0 | 200,768 | ||
| Brookfield Real Assets Income Fund Inc | SHS BEN INT | 112830104 | 1,343,770 | 100,582 | SH | DFND | 1 | 0 | 0 | 100,582 | ||
| CenterPoint Energy Inc | COM | 15189T107 | 177,722,236 | 4,580,470 | SH | DFND | 1 | 4,022,169 | 0 | 558,301 | ||
| Cheniere Energy Inc | COM NEW | 16411R208 | 301,997,901 | 1,285,207 | SH | DFND | 1 | 1,158,229 | 22,024 | 104,954 | ||
| Clearway Energy Inc | CL C | 18539C204 | 2,478,373 | 87,730 | SH | DFND | 1 | 87,730 | 0 | 0 | ||
| CMS Energy Corp | COM | 125896100 | 3,117,946 | 42,560 | SH | DFND | 1 | 42,560 | 0 | 0 | ||
| Constellation Energy Corp | COM | 21037T109 | 3,504,925 | 10,651 | SH | DFND | 1 | 10,651 | 0 | 0 | ||
| COPT Defense Properties | SHS BEN INT | 22002T108 | 19,732 | 679 | SH | DFND | 1 | 679 | 0 | 0 | ||
| Crown Castle Inc | COM | 22822V101 | 216,391,272 | 2,242,629 | SH | DFND | 1 | 2,007,638 | 0 | 234,991 | ||
| CSX Corp | COM | 126408103 | 79,808,334 | 2,247,489 | SH | DFND | 1 | 1,843,700 | 0 | 403,789 | ||
| Curbline Properties Corp | COM | 23128Q101 | 10,714,905 | 480,489 | SH | DFND | 1 | 303,369 | 0 | 177,120 | ||
| Digital Realty Trust Inc | COM | 253868103 | 30,173,092 | 174,532 | SH | DFND | 1 | 116,280 | 0 | 58,252 | ||
| DT Midstream Inc | COMMON STOCK | 23345M107 | 66,916,414 | 591,866 | SH | DFND | 1 | 555,851 | 35,184 | 831 | ||
| Duke Energy Corp | COM NEW | 26441C204 | 52,253,066 | 422,247 | SH | DFND | 1 | 373,661 | 0 | 48,586 | ||
| EastGroup Properties Inc | COM | 277276101 | 196,172 | 1,159 | SH | DFND | 1 | 1,159 | 0 | 0 | ||
| Enbridge Inc | COM | 29250N105 | 104,825,161 | 2,077,391 | SH | DFND | 1 | 1,976,230 | 98,426 | 2,735 | ||
| Energy Transfer LP | COM UT LTD PTN | 29273V100 | 174,641,304 | 10,177,232 | SH | DFND | 1 | 9,690,903 | 348,285 | 138,044 | ||
| Entergy Corp | COM | 29364G103 | 145,915,784 | 1,565,788 | SH | DFND | 1 | 1,325,668 | 0 | 240,120 | ||
| Enterprise Products Partners LP | COM | 293792107 | 72,206,846 | 2,309,141 | SH | DFND | 1 | 2,115,670 | 190,605 | 2,866 | ||
| EPR Properties | COM SH BEN INT | 26884U109 | 41,303 | 712 | SH | DFND | 1 | 712 | 0 | 0 | ||
| EPR Properties | CONV PFD 9% SR E | 26884U307 | 1,547,955 | 49,048 | SH | DFND | 1 | 46,648 | 0 | 2,400 | ||
| Equinix Inc | COM | 29444U700 | 46,563,618 | 59,450 | SH | DFND | 1 | 38,552 | 0 | 20,898 | ||
| Essential Properties Realty Trust Inc | COM | 29670E107 | 20,275,934 | 681,315 | SH | DFND | 1 | 437,956 | 0 | 243,359 | ||
| Essex Property Trust Inc | COM | 297178105 | 2,169,384 | 8,105 | SH | DFND | 1 | 8,105 | 0 | 0 | ||
| Evergy Inc | COM | 30034W106 | 30,204,723 | 397,326 | SH | DFND | 1 | 330,813 | 0 | 66,513 | ||
| Extra Space Storage Inc | COM | 30225T102 | 38,599,661 | 273,873 | SH | DFND | 1 | 174,094 | 0 | 99,779 | ||
| First Industrial Realty Trust Inc | COM | 32054K103 | 23,016,612 | 447,185 | SH | DFND | 1 | 295,483 | 0 | 151,702 | ||
| First Solar Inc | COM | 336433107 | 2,490,225 | 11,292 | SH | DFND | 1 | 11,292 | 0 | 0 | ||
| Five Point Holdings LLC | COM CL A | 33833Q106 | 5,057 | 825 | SH | DFND | 1 | 825 | 0 | 0 | ||
| GE Vernova Inc | COM | 36828A101 | 2,426,395 | 3,946 | SH | DFND | 1 | 3,946 | 0 | 0 | ||
| Golar LNG Ltd | SHS | G9456A100 | 25,081,931 | 620,686 | SH | DFND | 1 | 589,259 | 31,427 | 0 | ||
| Hess Midstream LP | CL A SHS | 428103105 | 47,528,983 | 1,375,658 | SH | DFND | 1 | 1,314,468 | 61,190 | 0 | ||
| Highwoods Properties Inc | COM | 431284108 | 8,704,806 | 273,564 | SH | DFND | 1 | 188,335 | 0 | 85,229 | ||
| IDACORP Inc | COM | 451107106 | 37,654,557 | 284,938 | SH | DFND | 1 | 266,621 | 0 | 18,317 | ||
| Iron Mountain Inc | COM | 46284V101 | 1,540,823 | 15,115 | SH | DFND | 1 | 15,115 | 0 | 0 | ||
| Itron Inc | COM | 465741106 | 2,991,931 | 24,020 | SH | DFND | 1 | 24,020 | 0 | 0 | ||
| Kennedy-Wilson Holdings Inc | COM | 489398107 | 4,934 | 593 | SH | DFND | 1 | 593 | 0 | 0 | ||
| Kilroy Realty Corp | COM | 49427F108 | 4,817 | 114 | SH | DFND | 1 | 114 | 0 | 0 | ||
| Kimco Realty Corp | DP CV CL N 7.25% | 49446R687 | 923,608 | 15,515 | SH | DFND | 1 | 14,416 | 0 | 1,099 | ||
| Kinder Morgan Inc | COM | 49456B101 | 66,123,275 | 2,335,686 | SH | DFND | 1 | 2,265,957 | 69,729 | 0 | ||
| Kinetik Holdings Inc | COM NEW CL A | 02215L209 | 11,735,934 | 274,589 | SH | DFND | 1 | 274,589 | 0 | 0 | ||
| Kodiak Gas Services Inc | COM | 50012A108 | 23,825,942 | 644,467 | SH | DFND | 1 | 625,431 | 19,036 | 0 | ||
| Ladder Capital Corp | CL A | 505743104 | 38,687 | 3,546 | SH | DFND | 1 | 3,546 | 0 | 0 | ||
| Lamar Advertising Co | CL A | 512816109 | 19,954 | 163 | SH | DFND | 1 | 163 | 0 | 0 | ||
| Lexington Realty Trust | PFD CONV SER C | 529043309 | 1,157,377 | 24,107 | SH | DFND | 1 | 22,380 | 0 | 1,727 | ||
| LXP Industrial Trust | COM | 529043101 | 6,579,310 | 734,298 | SH | DFND | 1 | 468,729 | 0 | 265,569 | ||
| Macerich Co/The | COM | 554382101 | 10,004,376 | 549,691 | SH | DFND | 1 | 346,353 | 0 | 203,338 | ||
| Mid-America Apartment Communities Inc | COM | 59522J103 | 16,489,537 | 118,010 | SH | DFND | 1 | 78,420 | 0 | 39,590 | ||
| MPLX LP | COM UNIT REP LTD | 55336V100 | 141,107,291 | 2,824,971 | SH | DFND | 1 | 2,687,986 | 119,899 | 17,086 | ||
| NETSTREIT Corp | COM | 64119V303 | 7,549,513 | 418,024 | SH | DFND | 1 | 271,305 | 0 | 146,719 | ||
| NextEra Energy Inc | COM | 65339F101 | 160,857,640 | 2,130,847 | SH | DFND | 1 | 1,765,071 | 0 | 365,776 | ||
| NEXTracker Inc | CLASS A COM | 65290E101 | 2,202,978 | 29,774 | SH | DFND | 1 | 29,774 | 0 | 0 | ||
| NiSource Inc | COM | 65473P105 | 63,024,406 | 1,455,529 | SH | DFND | 1 | 1,372,165 | 0 | 83,364 | ||
| Omega Healthcare Investors Inc | COM | 681936100 | 18,627,126 | 441,192 | SH | DFND | 1 | 282,358 | 0 | 158,834 | ||
| ONEOK Inc | COM | 682680103 | 71,572,993 | 980,855 | SH | DFND | 1 | 917,595 | 62,049 | 1,211 | ||
| PG&E Corp | COM | 69331C108 | 174,015,841 | 11,539,512 | SH | DFND | 1 | 10,332,996 | 0 | 1,206,516 | ||
| Piedmont Realty Trust Inc | COM CL A | 720190206 | 20,178 | 2,242 | SH | DFND | 1 | 2,242 | 0 | 0 | ||
| Plains All American Pipeline LP | UNIT LTD PARTN | 726503105 | 10,734,759 | 629,236 | SH | DFND | 1 | 420,415 | 206,254 | 2,567 | ||
| Plains GP Holdings LP | LTD PARTNR INT A | 72651A207 | 44,047,794 | 2,414,901 | SH | DFND | 1 | 2,414,901 | 0 | 0 | ||
| Prologis Inc | COM | 74340W103 | 32,399,655 | 282,917 | SH | DFND | 1 | 193,156 | 0 | 89,761 | ||
| Public Service Enterprise Group Inc | COM | 744573106 | 4,001,907 | 47,950 | SH | DFND | 1 | 47,950 | 0 | 0 | ||
| Republic Services Inc | COM | 760759100 | 2,492,841 | 10,863 | SH | DFND | 1 | 10,863 | 0 | 0 | ||
| RLJ Lodging Trust | CUM CONV PFD A | 74965L200 | 1,077,170 | 42,694 | SH | DFND | 1 | 40,070 | 0 | 2,624 | ||
| SBA Communications Corp | CL A | 78410G104 | 860,988 | 4,453 | SH | DFND | 1 | 4,453 | 0 | 0 | ||
| Sempra | COM | 816851109 | 157,726,842 | 1,752,910 | SH | DFND | 1 | 1,672,007 | 0 | 80,903 | ||
| Simon Property Group Inc | COM | 828806109 | 17,714,171 | 94,390 | SH | DFND | 1 | 62,448 | 0 | 31,942 | ||
| SL Green Realty Corp | COM | 78440X887 | 18,252,218 | 305,170 | SH | DFND | 1 | 194,074 | 0 | 111,096 | ||
| Smartstop Self Storage REIT In | COMMON STOCK | 83192D402 | 6,556,662 | 174,194 | SH | DFND | 1 | 114,233 | 0 | 59,961 | ||
| South Bow Corp | COM | 83671M105 | 36,781,462 | 1,300,158 | SH | DFND | 1 | 1,300,158 | 0 | 0 | ||
| STAG Industrial Inc | COM | 85254J102 | 510,293 | 14,460 | SH | DFND | 1 | 14,460 | 0 | 0 | ||
| Starwood Property Trust Inc | COM | 85571B105 | 57,974 | 2,993 | SH | DFND | 1 | 2,993 | 0 | 0 | ||
| Sun Communities Inc | COM | 866674104 | 4,750,038 | 36,822 | SH | DFND | 1 | 24,162 | 0 | 12,660 | ||
| Targa Resources Corp | COM | 87612G101 | 221,319,057 | 1,320,992 | SH | DFND | 1 | 1,260,055 | 32,613 | 28,324 | ||
| TC Energy Corp | COM | 87807B107 | 92,438,452 | 1,698,924 | SH | DFND | 1 | 1,605,123 | 92,127 | 1,674 | ||
| Trane Technologies plc | SHS | G8994E103 | 3,378,634 | 8,007 | SH | DFND | 1 | 8,007 | 0 | 0 | ||
| TXNM Energy Inc | COM | 69349H107 | 6,899 | 122 | SH | DFND | 1 | 122 | 0 | 0 | ||
| Union Pacific Corp | COM | 907818108 | 110,215,785 | 466,285 | SH | DFND | 1 | 383,409 | 0 | 82,876 | ||
| Ventas Inc | COM | 92276F100 | 12,903,846 | 184,367 | SH | DFND | 1 | 124,038 | 0 | 60,329 | ||
| Vnet Group Inc | SPONSORED ADS A | 90138A103 | 175,300 | 16,970 | SH | DFND | 1 | 16,970 | 0 | 0 | ||
| VICI Properties Inc | COM | 925652109 | 22,072,176 | 676,853 | SH | DFND | 1 | 453,250 | 0 | 223,603 | ||
| Vornado Realty Trust | SH BEN INT | 929042109 | 19,819 | 489 | SH | DFND | 1 | 489 | 0 | 0 | ||
| WaterBridge Infrastructure LLC | CL A SHS REPSTG | 940923105 | 2,249,851 | 89,209 | SH | DFND | 1 | 89,209 | 0 | 0 | ||
| Waste Management Inc | COM | 94106L109 | 3,546,751 | 16,061 | SH | DFND | 1 | 16,061 | 0 | 0 | ||
| Welltower Inc | COM | 95040Q104 | 56,571,920 | 317,570 | SH | DFND | 1 | 205,713 | 0 | 111,857 | ||
| Western Midstream Partners LP | COM UNIT LP INT | 958669103 | 3,705,665 | 94,316 | SH | DFND | 1 | 60,377 | 33,939 | 0 | ||
| Williams Cos Inc/The | COM | 969457100 | 376,906,547 | 5,949,590 | SH | DFND | 1 | 5,464,801 | 99,919 | 384,870 | ||
| Xcel Energy Inc | COM | 98389B100 | 197,137,715 | 2,444,361 | SH | DFND | 1 | 2,107,579 | 0 | 336,782 | ||
| Xylem Inc/NY | COM | 98419M100 | 2,138,160 | 14,496 | SH | DFND | 1 | 14,496 | 0 | 0 | ||
| BROOKFIELD ASSET MANAGEMENT LTD | COMMON STOCK | 113004105 | 3,701,100,000 | 65,000,000 | SH | DFND | 6 | 0 | 0 | 0 | ||
| Brookfield Business Corp | COMMON STOCK | 11259V106 | 345,954,057 | 10,317,747 | SH | DFND | 6 | 0 | 0 | 0 | ||
| Brookfield Business Partners L | Partnership Shares | G16234109 | 1,413,113,653 | 43,333,752 | SH | DFND | 6 | 0 | 0 | 0 | ||
| BROOKFIELD CORP | COMMON STOCK | 11271J107 | 2,126,486,395 | 31,007,384 | SH | DFND | 6 | 0 | 0 | 0 | ||
| Brookfield Infrastructure Part | Partnership Shares | G16252101 | 108,118,212 | 3,287,267 | SH | DFND | 6 | 0 | 0 | 0 | ||
| Brookfield Renewable Corp | COMMON STOCK | 11285B108 | 347,440,712 | 10,094,152 | SH | DFND | 6 | 0 | 0 | 0 | ||
| Brookfield Renewable Partners | Partnership Shares | G16258108 | 132,773,883 | 5,148,270 | SH | DFND | 6 | 0 | 0 | 0 | ||
| Lamb Weston Holdings Inc | COMMON STOCK | 513272104 | 100,264,143 | 1,726,311 | SH | DFND | 6 | 0 | 0 | 0 | ||
| Nabors Industries Ltd | COMMON STOCK | G6359F137 | 1,582,446 | 38,719 | SH | DFND | 6 | 0 | 0 | 0 | ||
| NIKE Inc | COMMON STOCK | 654106103 | 45,924,039 | 658,598 | SH | DFND | 6 | 0 | 0 | 0 | ||
| XBP Global Holdings Inc | COMMON STOCK | 98400V101 | 158,831 | 196,817 | SH | DFND | 6 | 0 | 0 | 0 | ||
| TransAlta Corp | COMMON STOCK | 89346D107 | 367,945,903 | 26,942,322 | SH | DFND | 7 | 0 | 0 | 0 | ||
| BROOKFIELD ASSET MANAGEMENT LTD | COMMON STOCK | 113004105 | 64,229,523,996 | 1,128,021,145 | SH | SOLE | 0 | 0 | 0 | |||
| Brookfield Business Corp | COMMON STOCK | 11259V106 | 1,238,166,635 | 36,927,129 | SH | SOLE | 0 | 0 | 0 | |||
| Brookfield Business Partners L | Partnership Shares | G16234109 | 12,213,521 | 374,533 | SH | SOLE | 0 | 0 | 0 | |||
| Brookfield Infrastructure Part | Partnership Shares | G16252101 | 46,020,675 | 1,399,230 | SH | SOLE | 0 | 0 | 0 | |||
| Brookfield Renewable Partners | Partnership Shares | G16258108 | 1,784,430,190 | 69,190,779 | SH | SOLE | 0 | 0 | 0 | |||
| Brookfield Wealth Solutions Ltd. | COMMON STOCK | G17434104 | 61,904,207 | 903,843 | SH | SOLE | 0 | 0 | 0 | |||
| Civitas Resources Inc | COMMON STOCK | 17888H103 | 717,600 | 22,080 | SH | DFND | 2 | 0 | 0 | 0 | ||
| MetLife Inc | COMMON STOCK | 59156R108 | 340,435 | 4,133 | SH | DFND | 2 | 0 | 0 | 0 | ||
| Par Pacific Holdings Inc | COMMON STOCK | 69888T207 | 2,163,064 | 61,069 | SH | DFND | 2 | 0 | 0 | 0 | ||
| SERVICETITAN INC | COMMON STOCK | 81764X103 | 26,518,290 | 263,000 | SH | DFND | 5 | 0 | 0 | 0 | ||
| Cheniere Energy Partners LP | Partnership Shares | 16411Q101 | 5,469,208,636 | 101,620,376 | SH | DFND | 4 | 0 | 0 | 0 | ||
| XLPR Infrastucture | Partnership Shares | 65341B106 | 22,173,854 | 2,180,320 | SH | DFND | 4 | 0 | 0 | 0 | ||