The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
Agree Realty Corp. STOCK 008492100   570,645 8,100 SH   SOLE   0 0 0
Alexandria Real Estate Equities, Inc. STOCK 015271109   473,118 4,850 SH   SOLE   0 0 0
Amazon.com, Inc. STOCK 023135106   932,408 4,250 SH   SOLE   0 0 0
American Homes 4 Rent STOCK 02665T306   1,358,346 36,300 SH   SOLE   0 0 0
American Tower Corp. STOCK 03027X100   315,465 1,720 SH   SOLE   0 0 0
Apple Hospitality REIT, Inc. STOCK 03784Y200   228,101 14,860 SH   SOLE   0 0 0
AvalonBay Communities, Inc. STOCK 053484101   3,341,344 15,190 SH   SOLE   0 0 0
Blackstone Mortgage Trust, Inc. STOCK 09257W100   73,122 4,200 SH   SOLE   0 0 0
Blackstone Group LP/The STOCK 09260D107   86,210 500 SH   SOLE   0 0 0
Boston Properties, Inc. STOCK 101121101   477,019 6,415 SH   SOLE   0 0 0
Brixmor Property Group, Inc. STOCK 11120U105   1,154,664 41,475 SH   SOLE   0 0 0
Camden Property Trust STOCK 133131102   1,137,192 9,800 SH   SOLE   0 0 0
CareTrust REIT, Inc. STOCK 14174T107   135,250 5,000 SH   SOLE   0 0 0
Cheniere Energy Partners LP STOCK 16411Q101   85,683 1,613 SH   SOLE   0 0 0
COPT Defense Properties STOCK 22002T108   154,750 5,000 SH   SOLE   0 0 0
Cousins Properties, Inc. STOCK 222795502   199,160 6,500 SH   SOLE   0 0 0
Crown Castle International Corp. STOCK 22822V101   230,530 2,540 SH   SOLE   0 0 0
CubeSmart STOCK 229663109   833,433 19,450 SH   SOLE   0 0 0
D.R. Horton, Inc. STOCK 23331A109   139,820 1,000 SH   SOLE   0 0 0
Digital Realty Trust, Inc. STOCK 253868103   4,465,347 25,181 SH   SOLE   0 0 0
DigitalBridge Group, Inc. STOCK 25401T603   349,680 31,000 SH   SOLE   0 0 0
Empire State Realty Trust, Inc. STOCK 292104106   10,320 1,000 SH   SOLE   0 0 0
Energy Transfer LP STOCK 29273V100   352,620 18,000 SH   SOLE   0 0 0
Enterprise Products Partners LP STOCK 293792107   188,160 6,000 SH   SOLE   0 0 0
Equinix, Inc. STOCK 29444U700   5,761,058 6,110 SH   SOLE   0 0 0
Equity LifeStyle Properties, Inc. STOCK 29472R108   1,235,430 18,550 SH   SOLE   0 0 0
Equity Residential STOCK 29476L107   2,326,100 32,415 SH   SOLE   0 0 0
Essex Property Trust, Inc. STOCK 297178105   2,065,444 7,236 SH   SOLE   0 0 0
Extra Space Storage, Inc. STOCK 30225T102   1,956,768 13,080 SH   SOLE   0 0 0
Federal Realty Investment Trust STOCK 313745101   1,085,915 9,700 SH   SOLE   0 0 0
Four Corners Property Trust, Inc. STOCK 35086T109   135,700 5,000 SH   SOLE   0 0 0
Gaming and Leisure Properties, Inc. STOCK 36467J108   1,391,102 28,885 SH   SOLE   0 0 0
Getty Realty Corp. STOCK 374297109   30,130 1,000 SH   SOLE   0 0 0
Global Medical REIT, Inc. STOCK 37954A204   115,800 15,000 SH   SOLE   0 0 0
Hannon Armstrong Sustainable Infrastructure STOCK 41068X100   19,237 717 SH   SOLE   0 0 0
Healthcare Realty Trust, Inc. STOCK 42226K105   135,600 8,000 SH   SOLE   0 0 0
Healthpeak Properties, Inc. STOCK 42250P103   341,935 16,869 SH   SOLE   0 0 0
Host Hotels & Resorts, Inc. STOCK 44107P104   699,048 39,900 SH   SOLE   0 0 0
Invitation Homes, Inc. STOCK 46187W107   191,820 6,000 SH   SOLE   0 0 0
Iron Mountain, Inc. STOCK 46284V101   3,878,559 36,900 SH   SOLE   0 0 0
KKR & Co. LP STOCK 48251W104   66,560 450 SH   SOLE   0 0 0
Kilroy Realty Corp. STOCK 49427F108   172,519 4,265 SH   SOLE   0 0 0
Kimco Realty Corp. STOCK 49446R109   599,082 25,569 SH   SOLE   0 0 0
Lennar Corp. STOCK 526057104   126,142 925 SH   SOLE   0 0 0
Lexington Realty Trust STOCK 529043101   21,924 2,700 SH   SOLE   0 0 0
Lineage, Inc. STOCK 53566V106   122,997 2,100 SH   SOLE   0 0 0
MPLX LP STOCK 55336V100   191,440 4,000 SH   SOLE   0 0 0
Mid-America Apartment Communities, Inc. STOCK 59522J103   1,124,033 7,272 SH   SOLE   0 0 0
National Retail Properties, Inc. STOCK 637417106   725,088 17,750 SH   SOLE   0 0 0
NET Lease Office Properties STOCK 64110Y108   58,425 1,872 SH   SOLE   0 0 0
Omega Healthcare Investors, Inc. STOCK 681936100   1,230,125 32,500 SH   SOLE   0 0 0
One Liberty Properties, Inc. STOCK 682406103   68,100 2,500 SH   SOLE   0 0 0
Park Hotels & Resorts, Inc. STOCK 700517105   130,148 9,250 SH   SOLE   0 0 0
Plains All American Pipeline LP STOCK 726503105   34,160 2,000 SH   SOLE   0 0 0
Plains GP Holdings LP STOCK 72651A207   55,140 3,000 SH   SOLE   0 0 0
Plymouth Industrial REIT Inc. STOCK 729640102   26,700 1,500 SH   SOLE   0 0 0
Postal Realty Trust, Inc. STOCK 73757R102   39,150 3,000 SH   SOLE   0 0 0
Prologis, Inc. STOCK 74340W103   2,959,706 28,001 SH   SOLE   0 0 0
Public Storage STOCK 74460D109   2,627,586 8,775 SH   SOLE   0 0 0
Realty Income Corp. STOCK 756109104   1,387,859 25,985 SH   SOLE   0 0 0
Regency Centers Corp. STOCK 758849103   990,662 13,400 SH   SOLE   0 0 0
Rexford Industrial Realty, Inc. STOCK 76169C100   521,910 13,500 SH   SOLE   0 0 0
Simon Property Group, Inc. STOCK 828806109   2,324,835 13,500 SH   SOLE   0 0 0
STAG Industrial, Inc. STOCK 85254J102   1,452,569 42,950 SH   SOLE   0 0 0
Starwood Property Trust, Inc. STOCK 85571B105   123,175 6,500 SH   SOLE   0 0 0
Summit Hotel Properties, Inc. STOCK 866082100   41,100 6,000 SH   SOLE   0 0 0
Sun Communities, Inc. STOCK 866674104   1,125,176 9,150 SH   SOLE   0 0 0
Sunstone Hotel Investors, Inc. STOCK 867892101   162,208 13,700 SH   SOLE   0 0 0
Tanger Factory Outlet Centers, Inc. STOCK 875465106   375,430 11,000 SH   SOLE   0 0 0
Terreno Realty Corp. STOCK 88146M101   2,359,686 39,900 SH   SOLE   0 0 0
Toll Brothers, Inc. STOCK 889478103   147,991 1,175 SH   SOLE   0 0 0
UDR, Inc. STOCK 902653104   1,979,496 45,600 SH   SOLE   0 0 0
Ventas, Inc. STOCK 92276F100   674,291 11,450 SH   SOLE   0 0 0
Vertiv Holdings Co. STOCK 92537N108   346,511 3,050 SH   SOLE   0 0 0
VICI Properties, Inc. STOCK 925652109   2,433,105 83,297 SH   SOLE   0 0 0
WP Carey, Inc. STOCK 92936U109   501,216 9,200 SH   SOLE   0 0 0
Welltower, Inc. STOCK 95040Q104   4,433,105 35,175 SH   SOLE   0 0 0
Weyerhaeuser Co. STOCK 962166104   149,195 5,300 SH   SOLE   0 0 0
ALGER CAP APPRECIATION INST CL I MF MF 015570401   190,288 4,328 SH   SOLE   0 0 0
AB LARGE CAP GROWTH CL ADV MF MF 01877C408   610,501 5,581 SH   SOLE   0 0 0
AMERICAN BALANCED CL F-2 MF MF 024071821   725,817 21,155 SH   SOLE   0 0 0
BAIRD ULTRA SHORT BOND CL INST MF MF 057071722   322,975 31,978 SH   SOLE   0 0 0
COLUMBIA DIVIDEND INCM CL I MF MF 19765N245   111,611 3,382 SH   SOLE   0 0 0
FIDELITY ADVISOR EQY GRWTH CL I MF MF 315805101   175,696 7,528 SH   SOLE   0 0 0
FIDELITY MSCI FINANCIALS INDX ETF ETF 316092501   190,346 2,771 SH   SOLE   0 0 0
FIRST TR LRG CP GRW ALPHADEX ETF ETF 33735K108   185,061 1,339 SH   SOLE   0 0 0
GABELLI UTILITIES CL A MF MF 36240E202   7,018 1,371 SH   SOLE   0 0 0
INVSC QQQ TRUST SRS 1 ETF ETF 46090E103   178,954 350 SH   SOLE   0 0 0
ISHARES 7-10 YEAR TRSURY BOND ETF ETF 464287440   577,707 6,249 SH   SOLE   0 0 0
ISHARES CORE S&P MID CAP ETF ETF 464287507   548,514 8,803 SH   SOLE   0 0 0
ISHARES RUSSELL TOP 200 ETF ETF 464289446   472,821 3,267 SH   SOLE   0 0 0
ISHARES MSCI USA MOMNTUM FCT ETF ETF 46432F396   178,620 863 SH   SOLE   0 0 0
ISHARES CORE 1-5 YEAR USD BOND ETF ETF 46432F859   342,305 7,166 SH   SOLE   0 0 0
ISHARES INVEST GRD SYS BND ETF ETF 46435G219   246,783 5,563 SH   SOLE   0 0 0
MFS GROWTH CL I MF MF 552985863   180,208 894 SH   SOLE   0 0 0
T. ROWE PRICE BLUE CHIP GRW MF MF 77954Q106   116,820 627 SH   SOLE   0 0 0
SPDR S&P 500 GROWTH ETF ETF 78464A409   117,522 1,337 SH   SOLE   0 0 0
SPDR PORTFOLIO S&P 600 SMALL CAP ETF ETF 78468R853   190 4 SH   SOLE   0 0 0
SELECT SECTOR UTI SELECT SPDR ETF ETF 81369Y886   358,912 4,742 SH   SOLE   0 0 0
SPIRIT OF AMERICA ENERGY MF MF 848579207   17,806 1,534 SH   SOLE   0 0 0
THRIVENT LARGE CAP VALUE CL S MF MF 885882811   348,813 12,082 SH   SOLE   0 0 0
VANGUARD DIVIDEND APPRECIATION ETF ETF 921908844   725,841 3,706 SH   SOLE   0 0 0
VANGUARD LONG TERM BOND ETF ETF 921937793   239,220 3,496 SH   SOLE   0 0 0
VANGUARD HEALTH CARE ETF ETF 92204A504   162,583 641 SH   SOLE   0 0 0
VANGUARD S&P 500 ETF ETF 922908363   379,460 704 SH   SOLE   0 0 0
VIRTUS INCOME AND GROWTH CL A MF MF 92837N584   18,903 1,688 SH   SOLE   0 0 0
WASHINGTON MUTUAL INVS CL F 2 MF MF 939330825   730,345 11,879 SH   SOLE   0 0 0
AES Corp. STOCK 00130H105   90,090 7,000 SH   SOLE   0 0 0
AT&T, Inc. STOCK 00206R102   216,315 9,500 SH   SOLE   0 0 0
Abbott Laboratories STOCK 002824100   350,641 3,100 SH   SOLE   0 0 0
AbbVie, Inc. STOCK 00287Y109   3,944,940 22,200 SH   SOLE   0 0 0
Adobe Systems, Inc. STOCK 00724F101   555,850 1,250 SH   SOLE   0 0 0
Advanced Micro Devices, Inc. STOCK 007903107   911,965 7,550 SH   SOLE   0 0 0
Alphabet, Inc. STOCK 02079K107   523,710 2,750 SH   SOLE   0 0 0
Alphabet, Inc. STOCK 02079K305   8,404,920 44,400 SH   SOLE   0 0 0
Altria Group, Inc. STOCK 02209S103   661,469 12,650 SH   SOLE   0 0 0
Amazon.com, Inc. STOCK 023135106   5,693,171 25,950 SH   SOLE   0 0 0
American Electric Power Co., Inc. STOCK 025537101   207,518 2,250 SH   SOLE   0 0 0
American Express Co. STOCK 025816109   1,483,950 5,000 SH   SOLE   0 0 0
Antero Midstream Corp. STOCK 03676B102   45,270 3,000 SH   SOLE   0 0 0
Apple, Inc. STOCK 037833100   11,314,476 45,182 SH   SOLE   0 0 0
Applied Materials, Inc. STOCK 038222105   2,280,073 14,020 SH   SOLE   0 0 0
ARM Holdings PLC STOCK 042068205   24,672 200 SH   SOLE   0 0 0
Baker Hughes Co. STOCK 05722G100   194,845 4,750 SH   SOLE   0 0 0
Bank of America Corp. STOCK 060505104   1,092,158 24,850 SH   SOLE   0 0 0
Berkshire Hathaway, Inc. STOCK 084670702   1,822,186 4,020 SH   SOLE   0 0 0
Blackstone Group LP/The STOCK 09260D107   2,172,492 12,600 SH   SOLE   0 0 0
Bristol-Myers Squibb Co. STOCK 110122108   282,800 5,000 SH   SOLE   0 0 0
Broadcom, Inc. STOCK 11135F101   834,624 3,600 SH   SOLE   0 0 0
CF Industries Holdings, Inc. STOCK 125269100   614,304 7,200 SH   SOLE   0 0 0
CME Group, Inc. STOCK 12572Q105   326,051 1,404 SH   SOLE   0 0 0
CSX Corp. STOCK 126408103   1,181,082 36,600 SH   SOLE   0 0 0
CNX Resources Corp. STOCK 12653C108   110,010 3,000 SH   SOLE   0 0 0
The Carlyle Group, Inc. STOCK 14316J108   305,465 6,050 SH   SOLE   0 0 0
Caterpillar, Inc. STOCK 149123101   4,131,836 11,390 SH   SOLE   0 0 0
Centene Corp. STOCK 15135B101   442,234 7,300 SH   SOLE   0 0 0
Cheniere Energy, Inc. STOCK 16411R208   1,944,574 9,050 SH   SOLE   0 0 0
Chevron Corp. STOCK 166764100   1,616,414 11,160 SH   SOLE   0 0 0
Chipotle Mexican Grill, Inc. STOCK 169656105   3,497,400 58,000 SH   SOLE   0 0 0
Cisco Systems, Inc. STOCK 17275R102   991,600 16,750 SH   SOLE   0 0 0
Citigroup, Inc. STOCK 172967424   1,316,293 18,700 SH   SOLE   0 0 0
Coca-Cola Co./The STOCK 191216100   473,176 7,600 SH   SOLE   0 0 0
Cognizant Technology Solutions Corp. STOCK 192446102   353,740 4,600 SH   SOLE   0 0 0
Coinbase Global, Inc. STOCK 19260Q107   62,075 250 SH   SOLE   0 0 0
Colgate-Palmolive Co. STOCK 194162103   136,365 1,500 SH   SOLE   0 0 0
ConAgra Foods, Inc. STOCK 205887102   30,525 1,100 SH   SOLE   0 0 0
ConocoPhillips STOCK 20825C104   320,022 3,227 SH   SOLE   0 0 0
Constellation Brands, Inc. STOCK 21036P108   309,400 1,400 SH   SOLE   0 0 0
Constellation Energy Corp. STOCK 21037T109   727,058 3,250 SH   SOLE   0 0 0
Corning, Inc. STOCK 219350105   380,160 8,000 SH   SOLE   0 0 0
Corteva, Inc. STOCK 22052L104   411,992 7,233 SH   SOLE   0 0 0
Costco Wholesale Corp. STOCK 22160K105   6,259,040 6,831 SH   SOLE   0 0 0
Crowdstrike Holdings, Inc. STOCK 22788C105   958,048 2,800 SH   SOLE   0 0 0
Cummins, Inc. STOCK 231021106   1,237,530 3,550 SH   SOLE   0 0 0
Deere & Co. STOCK 244199105   2,440,512 5,760 SH   SOLE   0 0 0
Dell Technolodies, Inc. STOCK 24703L202   187,150 1,624 SH   SOLE   0 0 0
Devon Energy Corp. STOCK 25179M103   26,184 800 SH   SOLE   0 0 0
Diamondback Energy, Inc. STOCK 25278X109   434,150 2,650 SH   SOLE   0 0 0
Digital Realty Trust, Inc. STOCK 253868103   647,255 3,650 SH   SOLE   0 0 0
DigitalBridge Group, Inc. STOCK 25401T603   146,640 13,000 SH   SOLE   0 0 0
Walt Disney Co./The STOCK 254687106   2,327,215 20,900 SH   SOLE   0 0 0
Dominion Resources, Inc. STOCK 25746U109   619,390 11,500 SH   SOLE   0 0 0
Dow, Inc. STOCK 260557103   163,851 4,083 SH   SOLE   0 0 0
Duke Energy Corp. STOCK 26441C204   215,480 2,000 SH   SOLE   0 0 0
DuPont de Nemours, Inc. STOCK 26614N102   495,625 6,500 SH   SOLE   0 0 0
EOG Resources, Inc. STOCK 26875P101   478,062 3,900 SH   SOLE   0 0 0
Edison International STOCK 281020107   207,584 2,600 SH   SOLE   0 0 0
Entergy Corp. STOCK 29364G103   166,804 2,200 SH   SOLE   0 0 0
Equinix, Inc. STOCK 29444U700   1,414,335 1,500 SH   SOLE   0 0 0
Exxon Mobil Corp. STOCK 30231G102   1,781,144 16,558 SH   SOLE   0 0 0
Meta Platforms, Inc. STOCK 30303M102   585,510 1,000 SH   SOLE   0 0 0
FedEx Corp. STOCK 31428X106   506,394 1,800 SH   SOLE   0 0 0
Goldman Sachs Group, Inc./The STOCK 38141G104   1,554,663 2,715 SH   SOLE   0 0 0
HP, Inc. STOCK 40434L105   16,315 500 SH   SOLE   0 0 0
Halliburton Co. STOCK 406216101   67,975 2,500 SH   SOLE   0 0 0
Home Depot, Inc./The STOCK 437076102   2,387,621 6,138 SH   SOLE   0 0 0
Honeywell International, Inc. STOCK 438516106   1,953,949 8,650 SH   SOLE   0 0 0
Humana, Inc. STOCK 444859102   342,509 1,350 SH   SOLE   0 0 0
ITT, Inc. STOCK 45073V108   42,864 300 SH   SOLE   0 0 0
International Business Machines Corp. STOCK 459200101   586,506 2,668 SH   SOLE   0 0 0
Iron Mountain, Inc. STOCK 46284V101   467,740 4,450 SH   SOLE   0 0 0
JPMorgan Chase & Co. STOCK 46625H100   5,247,731 21,892 SH   SOLE   0 0 0
KKR & Co. LP STOCK 48251W104   66,560 450 SH   SOLE   0 0 0
Kinder Morgan, Inc. STOCK 49456B101   212,350 7,750 SH   SOLE   0 0 0
Kroger Co./The STOCK 501044101   550,350 9,000 SH   SOLE   0 0 0
Lamb Weston Holdings, Inc. STOCK 513272104   120,294 1,800 SH   SOLE   0 0 0
Eli Lilly & Co. STOCK 532457108   2,597,780 3,365 SH   SOLE   0 0 0
Lockheed Martin Corp. STOCK 539830109   364,455 750 SH   SOLE   0 0 0
Lowe's Cos., Inc. STOCK 548661107   839,120 3,400 SH   SOLE   0 0 0
Marathon Petroleum Corp. STOCK 56585A102   76,725 550 SH   SOLE   0 0 0
Masco Corp. STOCK 574599106   616,845 8,500 SH   SOLE   0 0 0
MasterCard, Inc. STOCK 57636Q104   1,290,097 2,450 SH   SOLE   0 0 0
McDonald's Corp. STOCK 580135101   747,916 2,580 SH   SOLE   0 0 0
McKesson Corp. STOCK 58155Q103   2,761,214 4,845 SH   SOLE   0 0 0
Merck & Co., Inc. STOCK 58933Y105   1,676,238 16,850 SH   SOLE   0 0 0
Microsoft Corp. STOCK 594918104   8,218,829 19,499 SH   SOLE   0 0 0
Microchip Technology, Inc. STOCK 595017104   369,908 6,450 SH   SOLE   0 0 0
Mid-America Apartment Communities, Inc. STOCK 59522J103   38,643 250 SH   SOLE   0 0 0
Morgan Stanley STOCK 617446448   377,160 3,000 SH   SOLE   0 0 0
NetApp, Inc. STOCK 64110D104   301,808 2,600 SH   SOLE   0 0 0
Netflix, Inc. STOCK 64110L106   1,025,018 1,150 SH   SOLE   0 0 0
NextEra Energy, Inc. STOCK 65339F101   1,675,754 23,375 SH   SOLE   0 0 0
NIKE, Inc. STOCK 654106103   113,505 1,500 SH   SOLE   0 0 0
Gen Digital, Inc. STOCK 668771108   676,286 24,700 SH   SOLE   0 0 0
NVIDIA Corp. STOCK 67066G104   27,256,841 202,970 SH   SOLE   0 0 0
Occidental Petroleum Corp. STOCK 674599105   74,115 1,500 SH   SOLE   0 0 0
ONEOK, Inc. STOCK 682680103   130,520 1,300 SH   SOLE   0 0 0
Oracle Corp. STOCK 68389X105   4,478,450 26,875 SH   SOLE   0 0 0
Palo Alto Networks, Inc. STOCK 697435105   927,996 5,100 SH   SOLE   0 0 0
Paychex, Inc. STOCK 704326107   539,847 3,850 SH   SOLE   0 0 0
PepsiCo, Inc. STOCK 713448108   334,532 2,200 SH   SOLE   0 0 0
Philip Morris International, Inc. STOCK 718172109   577,680 4,800 SH   SOLE   0 0 0
Phillips 66 STOCK 718546104   546,864 4,800 SH   SOLE   0 0 0
Procter & Gamble Co./The STOCK 742718109   1,217,977 7,265 SH   SOLE   0 0 0
Prologis, Inc. STOCK 74340W103   665,910 6,300 SH   SOLE   0 0 0
QUALCOMM, Inc. STOCK 747525103   576,075 3,750 SH   SOLE   0 0 0
Quest Diagnostics, Inc. STOCK 74834L100   629,841 4,175 SH   SOLE   0 0 0
Raytheon Technologies Corp. STOCK 75513E101   243,012 2,100 SH   SOLE   0 0 0
ServiceNow, Inc. STOCK 81762P102   1,197,936 1,130 SH   SOLE   0 0 0
Sun Communities, Inc. STOCK 866674104   227,495 1,850 SH   SOLE   0 0 0
TKO Group Holdings Inc STOCK 87256C101   127,899 900 SH   SOLE   0 0 0
Taiwan Semiconductor Manufacturing Co. Ltd. STOCK 874039100   59,247 300 SH   SOLE   0 0 0
Talen Energy Corp. STOCK 87422Q109   211,544 1,050 SH   SOLE   0 0 0
Target Corp. STOCK 87612E106   1,396,409 10,330 SH   SOLE   0 0 0
Targa Resources Corp. STOCK 87612G101   999,600 5,600 SH   SOLE   0 0 0
Terreno Realty Corp. STOCK 88146M101   122,716 2,075 SH   SOLE   0 0 0
Tesla, Inc. STOCK 88160R101   969,216 2,400 SH   SOLE   0 0 0
Texas Instruments, Inc. STOCK 882508104   1,757,906 9,375 SH   SOLE   0 0 0
Thermo Fisher Scientific, Inc. STOCK 883556102   567,051 1,090 SH   SOLE   0 0 0
UGI Corp. STOCK 902681105   28,230 1,000 SH   SOLE   0 0 0
United Parcel Service, Inc. STOCK 911312106   321,555 2,550 SH   SOLE   0 0 0
UnitedHealth Group, Inc. STOCK 91324P102   986,427 1,950 SH   SOLE   0 0 0
Valero Energy Corp. STOCK 91913Y100   1,583,250 12,915 SH   SOLE   0 0 0
Verizon Communications, Inc. STOCK 92343V104   1,101,325 27,540 SH   SOLE   0 0 0
Vertex Pharmaceuticals, Inc. STOCK 92532F100   40,270 100 SH   SOLE   0 0 0
Vertiv Holdings Co. STOCK 92537N108   198,818 1,750 SH   SOLE   0 0 0
VICI Properties, Inc. STOCK 925652109   60,552 2,073 SH   SOLE   0 0 0
Visa, Inc. STOCK 92826C839   2,386,102 7,550 SH   SOLE   0 0 0
Vistra Energy Corp. STOCK 92840M102   778,966 5,650 SH   SOLE   0 0 0
WEC Energy Group, Inc. STOCK 92939U106   949,804 10,100 SH   SOLE   0 0 0
Wal-Mart Stores, Inc. STOCK 931142103   4,251,148 47,052 SH   SOLE   0 0 0
Waste Connections, Inc. STOCK 94106B101   2,106,145 12,275 SH   SOLE   0 0 0
Wells Fargo & Co. STOCK 949746101   140,480 2,000 SH   SOLE   0 0 0
Welltower, Inc. STOCK 95040Q104   107,126 850 SH   SOLE   0 0 0
Weyerhaeuser Co. STOCK 962166104   14,075 500 SH   SOLE   0 0 0
Williams Cos, Inc./The STOCK 969457100   2,611,290 48,250 SH   SOLE   0 0 0
Workday, Inc. STOCK 98138H101   1,723,640 6,680 SH   SOLE   0 0 0
Zscaler, Inc. STOCK 98980G102   360,820 2,000 SH   SOLE   0 0 0
Accenture PLC STOCK G1151C101   1,310,418 3,725 SH   SOLE   0 0 0
Johnson Controls International PLC STOCK G51502105   690,874 8,753 SH   SOLE   0 0 0
New Linde PLC STOCK G54950103   544,271 1,300 SH   SOLE   0 0 0
Medtronic PLC STOCK G5960L103   564,672 7,069 SH   SOLE   0 0 0
Garmin Ltd. STOCK H2906T109   206,260 1,000 SH   SOLE   0 0 0
AbbVie, Inc. STOCK 00287Y109   355,400 2,000 SH   SOLE   0 0 0
Blackstone Mortgage Trust, Inc. STOCK 09257W100   201,347 11,565 SH   SOLE   0 0 0
Chevron Corp. STOCK 166764100   579,360 4,000 SH   SOLE   0 0 0
Enbridge, Inc. STOCK 29250N105   848,600 20,000 SH   SOLE   0 0 0
Hannon Armstrong Sustainable Infrastructure STOCK 41068X100   187,810 7,000 SH   SOLE   0 0 0
Healthpeak Properties, Inc. STOCK 42250P103   27,324 1,348 SH   SOLE   0 0 0
Kinder Morgan, Inc. STOCK 49456B101   685,000 25,000 SH   SOLE   0 0 0
Philip Morris International, Inc. STOCK 718172109   661,925 5,500 SH   SOLE   0 0 0
Realty Income Corp. STOCK 756109104   162,794 3,048 SH   SOLE   0 0 0
Simon Property Group, Inc. STOCK 828806109   688,840 4,000 SH   SOLE   0 0 0
SOUTH BOW CORP STOCK 83671M105   70,710 3,000 SH   SOLE   0 0 0
TC Energy Corp. STOCK 87807B107   697,950 15,000 SH   SOLE   0 0 0
Verizon Communications, Inc. STOCK 92343V104   299,925 7,500 SH   SOLE   0 0 0
Williams Cos, Inc./The STOCK 969457100   676,500 12,500 SH   SOLE   0 0 0
Oklo, Inc. STOCK 02156V109   21,230 1,000 SH   SOLE   0 0 0
Kinetik Holdings Inc STOCK 02215L209   567,100 10,000 SH   SOLE   0 0 0
Antero Resources Corp. STOCK 03674X106   543,275 15,500 SH   SOLE   0 0 0
Antero Midstream Corp. STOCK 03676B102   746,955 49,500 SH   SOLE   0 0 0
APA Corp. STOCK 03743Q108   184,720 8,000 SH   SOLE   0 0 0
BP PLC STOCK 055622104   2,405,031 81,361 SH   SOLE   0 0 0
Baker Hughes Co. STOCK 05722G100   2,666,300 65,000 SH   SOLE   0 0 0
Black Stone Minerals, L.P. STOCK 09225M101   3,576,985 244,999 SH   SOLE   0 0 0
CNX Resources Corp. STOCK 12653C108   641,725 17,500 SH   SOLE   0 0 0
Coterra Energy, Inc. STOCK 127097103   2,145,360 84,000 SH   SOLE   0 0 0
Canadian Natural Resources Ltd. STOCK 136385101   123,480 4,000 SH   SOLE   0 0 0
Cheniere Energy Partners LP STOCK 16411Q101   73,306 1,380 SH   SOLE   0 0 0
Cheniere Energy, Inc. STOCK 16411R208   8,557,198 39,825 SH   SOLE   0 0 0
EXPAND ENERGY CORP STOCK 165167735   900,928 9,050 SH   SOLE   0 0 0
Chevron Corp. STOCK 166764100   8,448,517 58,330 SH   SOLE   0 0 0
ConocoPhillips STOCK 20825C104   4,698,377 47,377 SH   SOLE   0 0 0
Constellation Energy Corp. STOCK 21037T109   313,194 1,400 SH   SOLE   0 0 0
Delek Logistics Partners LP STOCK 24664T103   84,520 2,000 SH   SOLE   0 0 0
Delek US Holdings, Inc. STOCK 24665A103   18,500 1,000 SH   SOLE   0 0 0
Devon Energy Corp. STOCK 25179M103   1,415,573 43,250 SH   SOLE   0 0 0
Diamondback Energy, Inc. STOCK 25278X109   2,809,685 17,150 SH   SOLE   0 0 0
Dominion Resources, Inc. STOCK 25746U109   53,860 1,000 SH   SOLE   0 0 0
Duke Energy Corp. STOCK 26441C204   188,545 1,750 SH   SOLE   0 0 0
EOG Resources, Inc. STOCK 26875P101   3,089,016 25,200 SH   SOLE   0 0 0
EQT Corp. STOCK 26884L109   1,152,750 25,000 SH   SOLE   0 0 0
Enbridge, Inc. STOCK 29250N105   7,748,864 182,627 SH   SOLE   0 0 0
Energy Transfer LP STOCK 29273V100   10,905,753 556,700 SH   SOLE   0 0 0
EnLink Midstream LLC STOCK 29336T100   353,750 25,000 SH   SOLE   0 0 0
Entergy Corp. STOCK 29364G103   151,640 2,000 SH   SOLE   0 0 0
Enterprise Products Partners LP STOCK 293792107   6,825,065 217,636 SH   SOLE   0 0 0
Exxon Mobil Corp. STOCK 30231G102   8,120,352 75,489 SH   SOLE   0 0 0
HF Sinaclair Corp. STOCK 403949100   1,092,719 31,176 SH   SOLE   0 0 0
Halliburton Co. STOCK 406216101   1,209,955 44,500 SH   SOLE   0 0 0
Hess Corp. STOCK 42809H107   259,370 1,950 SH   SOLE   0 0 0
Hess Midstream LP STOCK 428103105   5,696,584 153,837 SH   SOLE   0 0 0
Crescent Energy Co. STOCK 44952J104   43,830 3,000 SH   SOLE   0 0 0
ITT, Inc. STOCK 45073V108   1,007,304 7,050 SH   SOLE   0 0 0
Kinder Morgan, Inc. STOCK 49456B101   9,411,736 343,494 SH   SOLE   0 0 0
Liberty Oilfield Services, Inc. STOCK 53115L104   139,230 7,000 SH   SOLE   0 0 0
MPLX LP STOCK 55336V100   6,862,980 143,397 SH   SOLE   0 0 0
Marathon Petroleum Corp. STOCK 56585A102   7,815,488 56,025 SH   SOLE   0 0 0
Matador Resources Co. STOCK 576485205   506,340 9,000 SH   SOLE   0 0 0
Murphy Oil Corp. STOCK 626717102   151,300 5,000 SH   SOLE   0 0 0
NextEra Energy, Inc. STOCK 65339F101   139,796 1,950 SH   SOLE   0 0 0
NextEra Energy Partners LP STOCK 65341B106   91,670 5,150 SH   SOLE   0 0 0
Chord Energy Corp. STOCK 674215207   40,922 350 SH   SOLE   0 0 0
Occidental Petroleum Corp. STOCK 674599105   1,734,291 35,100 SH   SOLE   0 0 0
ONEOK, Inc. STOCK 682680103   10,656,657 106,142 SH   SOLE   0 0 0
Ovintiv, Inc. STOCK 69047Q102   405,000 10,000 SH   SOLE   0 0 0
PBF Energy, Inc. STOCK 69318G106   1,586,363 59,750 SH   SOLE   0 0 0
PPL Corp. STOCK 69351T106   681,660 21,000 SH   SOLE   0 0 0
Permian Resources Corp. STOCK 71424F105   172,560 12,000 SH   SOLE   0 0 0
Phillips 66 STOCK 718546104   7,990,594 70,136 SH   SOLE   0 0 0
Plains All American Pipeline LP STOCK 726503105   5,641,524 330,300 SH   SOLE   0 0 0
Plains GP Holdings LP STOCK 72651A207   1,268,220 69,000 SH   SOLE   0 0 0
Range Resources Corp. STOCK 75281A109   467,740 13,000 SH   SOLE   0 0 0
Shell PLC STOCK 780259305   187,950 3,000 SH   SOLE   0 0 0
Schlumberger Ltd. STOCK 806857108   1,893,996 49,400 SH   SOLE   0 0 0
SOUTH BOW CORP STOCK 83671M105   277,301 11,765 SH   SOLE   0 0 0
Suburban Propane Partners, L.P. STOCK 864482104   137,600 8,000 SH   SOLE   0 0 0
Suncor Energy, Inc. STOCK 867224107   142,720 4,000 SH   SOLE   0 0 0
Sunoco LP STOCK 86765K109   694,440 13,500 SH   SOLE   0 0 0
Talen Energy Corp. STOCK 87422Q109   352,573 1,750 SH   SOLE   0 0 0
Targa Resources Corp. STOCK 87612G101   10,046,516 56,283 SH   SOLE   0 0 0
TC Energy Corp. STOCK 87807B107   2,865,224 61,578 SH   SOLE   0 0 0
Texas Pacific Land Corp. STOCK 88262P102   1,719,768 1,555 SH   SOLE   0 0 0
TotalEnergies SE STOCK 89151E109   54,500 1,000 SH   SOLE   0 0 0
UGI Corp. STOCK 902681105   366,990 13,000 SH   SOLE   0 0 0
USA Compression Partners LP STOCK 90290N109   124,491 5,284 SH   SOLE   0 0 0
Valero Energy Corp. STOCK 91913Y100   7,866,478 64,169 SH   SOLE   0 0 0
Vertiv Holdings Co. STOCK 92537N108   255,623 2,250 SH   SOLE   0 0 0
Viper Energy Inc STOCK 927959106   1,501,542 30,600 SH   SOLE   0 0 0
Vistra Energy Corp. STOCK 92840M102   468,758 3,400 SH   SOLE   0 0 0
Western Midstream Partners LP STOCK 958669103   6,212,210 161,650 SH   SOLE   0 0 0
Williams Cos, Inc./The STOCK 969457100   11,948,722 220,782 SH   SOLE   0 0 0
TechnipFMC PLC STOCK G87110105   463,040 16,000 SH   SOLE   0 0 0
AES Corp. STOCK 00130H105   405,405 31,500 SH   SOLE   0 0 0
Alliant Energy Corp. STOCK 018802108   310,485 5,250 SH   SOLE   0 0 0
Ameren Corp. STOCK 023608102   775,518 8,700 SH   SOLE   0 0 0
American Electric Power Co., Inc. STOCK 025537101   1,032,976 11,200 SH   SOLE   0 0 0
American Water Works Co., Inc. STOCK 030420103   230,307 1,850 SH   SOLE   0 0 0
Atmos Energy Corp. STOCK 049560105   619,752 4,450 SH   SOLE   0 0 0
Brookfiled Renewable Corp. STOCK 11285B108   59,469 2,150 SH   SOLE   0 0 0
CMS Energy Corp. STOCK 125896100   886,445 13,300 SH   SOLE   0 0 0
CenterPoint Energy, Inc. STOCK 15189T107   491,815 15,500 SH   SOLE   0 0 0
Chesapeake Utilities Corp. STOCK 165303108   303,375 2,500 SH   SOLE   0 0 0
Clearway Energy, Inc. STOCK 18539C204   326,300 12,550 SH   SOLE   0 0 0
Constellation Energy Corp. STOCK 21037T109   1,040,252 4,650 SH   SOLE   0 0 0
DTE Energy Co. STOCK 233331107   1,207,500 10,000 SH   SOLE   0 0 0
Dominion Resources, Inc. STOCK 25746U109   234,291 4,350 SH   SOLE   0 0 0
Duke Energy Corp. STOCK 26441C204   1,228,236 11,400 SH   SOLE   0 0 0
Edison International STOCK 281020107   866,903 10,858 SH   SOLE   0 0 0
Entergy Corp. STOCK 29364G103   1,213,120 16,000 SH   SOLE   0 0 0
Essential Utilities, Inc. STOCK 29670G102   780,880 21,500 SH   SOLE   0 0 0
Evergy, Inc. STOCK 30034W106   498,555 8,100 SH   SOLE   0 0 0
Eversource Energy STOCK 30040W108   910,266 15,850 SH   SOLE   0 0 0
Exelon Corp. STOCK 30161N101   666,228 17,700 SH   SOLE   0 0 0
FirstEnergy Corp. STOCK 337932107   853,281 21,450 SH   SOLE   0 0 0
IDACORP, Inc. STOCK 451107106   142,064 1,300 SH   SOLE   0 0 0
NRG Energy, Inc. STOCK 629377508   198,484 2,200 SH   SOLE   0 0 0
National Fuel Gas Co. STOCK 636180101   185,074 3,050 SH   SOLE   0 0 0
New Jersey Resources Corp. STOCK 646025106   125,955 2,700 SH   SOLE   0 0 0
NextEra Energy, Inc. STOCK 65339F101   1,591,518 22,200 SH   SOLE   0 0 0
Nisource, Inc. STOCK 65473P105   873,050 23,750 SH   SOLE   0 0 0
Northwest Natural Holdings Co. STOCK 66765N105   134,504 3,400 SH   SOLE   0 0 0
NorthWestern Corp. STOCK 668074305   101,574 1,900 SH   SOLE   0 0 0
ONEOK, Inc. STOCK 682680103   70,280 700 SH   SOLE   0 0 0
TXNM Energy Inc Com STOCK 69349H107   231,099 4,700 SH   SOLE   0 0 0
PPL Corp. STOCK 69351T106   1,041,966 32,100 SH   SOLE   0 0 0
Portland General Electric Co. STOCK 736508847   486,363 11,150 SH   SOLE   0 0 0
Public Service Enterprise Group, Inc. STOCK 744573106   916,717 10,850 SH   SOLE   0 0 0
Republic Services, Inc. STOCK 760759100   110,649 550 SH   SOLE   0 0 0
Sempra Energy STOCK 816851109   1,223,694 13,950 SH   SOLE   0 0 0
Southern Co./The STOCK 842587107   444,528 5,400 SH   SOLE   0 0 0
Southwest Gas Corp. STOCK 844895102   222,737 3,150 SH   SOLE   0 0 0
Targa Resources Corp. STOCK 87612G101   80,325 450 SH   SOLE   0 0 0
Vistra Energy Corp. STOCK 92840M102   1,047,812 7,600 SH   SOLE   0 0 0
WEC Energy Group, Inc. STOCK 92939U106   667,684 7,100 SH   SOLE   0 0 0
Waste Management, Inc. STOCK 94106L109   262,327 1,300 SH   SOLE   0 0 0
Williams Cos, Inc./The STOCK 969457100   156,948 2,900 SH   SOLE   0 0 0
Xcel Energy, Inc. STOCK 98389B100   752,848 11,150 SH   SOLE   0 0 0