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   591,786 8,100 SH   SOLE   0 0 0
Alexandria Real Estate Equities, Inc. STOCK 015271109   315,941 4,350 SH   SOLE   0 0 0
Amazon.com, Inc. STOCK 023135106   965,316 4,400 SH   SOLE   0 0 0
American Homes 4 Rent STOCK 02665T306   1,309,341 36,300 SH   SOLE   0 0 0
American Tower Corp. STOCK 03027X100   479,613 2,170 SH   SOLE   0 0 0
Apple Hospitality REIT, Inc. STOCK 03784Y200   80,056 6,860 SH   SOLE   0 0 0
AvalonBay Communities, Inc. STOCK 053484101   3,467,640 17,040 SH   SOLE   0 0 0
Blackstone Mortgage Trust, Inc. STOCK 09257W100   42,350 2,200 SH   SOLE   0 0 0
Blackstone Group LP/The STOCK 09260D107   269,244 1,800 SH   SOLE   0 0 0
Boston Properties, Inc. STOCK 101121101   466,555 6,915 SH   SOLE   0 0 0
Brixmor Property Group, Inc. STOCK 11120U105   1,080,009 41,475 SH   SOLE   0 0 0
Camden Property Trust STOCK 133131102   1,126,900 10,000 SH   SOLE   0 0 0
CareTrust REIT, Inc. STOCK 14174T107   153,000 5,000 SH   SOLE   0 0 0
Cheniere Energy Partners LP STOCK 16411Q101   90,409 1,613 SH   SOLE   0 0 0
COPT Defense Properties STOCK 22002T108   330,960 12,000 SH   SOLE   0 0 0
Cousins Properties, Inc. STOCK 222795502   195,195 6,500 SH   SOLE   0 0 0
Crown Castle International Corp. STOCK 22822V101   379,074 3,690 SH   SOLE   0 0 0
CubeSmart STOCK 229663109   826,625 19,450 SH   SOLE   0 0 0
D.R. Horton, Inc. STOCK 23331A109   128,920 1,000 SH   SOLE   0 0 0
Digital Realty Trust, Inc. STOCK 253868103   4,389,804 25,181 SH   SOLE   0 0 0
DigitalBridge Group, Inc. STOCK 25401T603   341,550 33,000 SH   SOLE   0 0 0
Empire State Realty Trust, Inc. STOCK 292104106   8,090 1,000 SH   SOLE   0 0 0
Energy Transfer LP STOCK 29273V100   290,080 16,000 SH   SOLE   0 0 0
Enterprise Products Partners LP STOCK 293792107   186,060 6,000 SH   SOLE   0 0 0
Equinix, Inc. STOCK 29444U700   4,860,322 6,110 SH   SOLE   0 0 0
Equity LifeStyle Properties, Inc. STOCK 29472R108   1,082,309 17,550 SH   SOLE   0 0 0
Equity Residential STOCK 29476L107   2,464,397 36,515 SH   SOLE   0 0 0
Essex Property Trust, Inc. STOCK 297178105   2,730,842 9,636 SH   SOLE   0 0 0
Extra Space Storage, Inc. STOCK 30225T102   1,766,331 11,980 SH   SOLE   0 0 0
Federal Realty Investment Trust STOCK 313745101   921,403 9,700 SH   SOLE   0 0 0
Four Corners Property Trust, Inc. STOCK 35086T109   134,550 5,000 SH   SOLE   0 0 0
Gaming and Leisure Properties, Inc. STOCK 36467J108   1,348,352 28,885 SH   SOLE   0 0 0
Getty Realty Corp. STOCK 374297109   27,640 1,000 SH   SOLE   0 0 0
Global Medical REIT, Inc. STOCK 37954A204   103,950 15,000 SH   SOLE   0 0 0
American Healthcare REIT Inc STOCK 398182303   36,740 1,000 SH   SOLE   0 0 0
Hannon Armstrong Sustainable Infrastructure STOCK 41068X100   19,259 717 SH   SOLE   0 0 0
Healthcare Realty Trust, Inc. STOCK 42226K105   126,880 8,000 SH   SOLE   0 0 0
Healthpeak Properties, Inc. STOCK 42250P103   295,376 16,869 SH   SOLE   0 0 0
Highwoods Properties, Inc. STOCK 431284108   62,180 2,000 SH   SOLE   0 0 0
Host Hotels & Resorts, Inc. STOCK 44107P104   612,864 39,900 SH   SOLE   0 0 0
Invitation Homes, Inc. STOCK 46187W107   196,800 6,000 SH   SOLE   0 0 0
Iron Mountain, Inc. STOCK 46284V101   3,784,833 36,900 SH   SOLE   0 0 0
KKR & Co. LP STOCK 48251W104   286,015 2,150 SH   SOLE   0 0 0
Kilroy Realty Corp. STOCK 49427F108   146,332 4,265 SH   SOLE   0 0 0
Kimco Realty Corp. STOCK 49446R109   537,460 25,569 SH   SOLE   0 0 0
Lennar Corp. STOCK 526057104   102,314 925 SH   SOLE   0 0 0
Lexington Realty Trust STOCK 529043101   22,302 2,700 SH   SOLE   0 0 0
Lineage, Inc. STOCK 53566V106   91,392 2,100 SH   SOLE   0 0 0
MPLX LP STOCK 55336V100   154,530 3,000 SH   SOLE   0 0 0
Mid-America Apartment Communities, Inc. STOCK 59522J103   1,165,135 7,872 SH   SOLE   0 0 0
Millrose Properties Inc STOCK 601137102   13,172 462 SH   SOLE   0 0 0
National Retail Properties, Inc. STOCK 637417106   766,445 17,750 SH   SOLE   0 0 0
NET Lease Office Properties STOCK 64110Y108   60,934 1,872 SH   SOLE   0 0 0
Omega Healthcare Investors, Inc. STOCK 681936100   1,447,675 39,500 SH   SOLE   0 0 0
One Liberty Properties, Inc. STOCK 682406103   59,650 2,500 SH   SOLE   0 0 0
Park Hotels & Resorts, Inc. STOCK 700517105   94,628 9,250 SH   SOLE   0 0 0
Pebblebrook Hotel Trust, Series F, 6.30PERCENT STOCK 70509V704   43,875 2,500 SH   SOLE   0 0 0
Plains All American Pipeline LP STOCK 726503105   36,640 2,000 SH   SOLE   0 0 0
Plymouth Industrial REIT Inc. STOCK 729640102   24,090 1,500 SH   SOLE   0 0 0
Postal Realty Trust, Inc. STOCK 73757R102   44,190 3,000 SH   SOLE   0 0 0
Prologis, Inc. STOCK 74340W103   2,633,361 25,051 SH   SOLE   0 0 0
Public Storage STOCK 74460D109   2,325,354 7,925 SH   SOLE   0 0 0
Realty Income Corp. STOCK 756109104   1,560,367 27,085 SH   SOLE   0 0 0
Regency Centers Corp. STOCK 758849103   954,482 13,400 SH   SOLE   0 0 0
Rexford Industrial Realty, Inc. STOCK 76169C100   373,485 10,500 SH   SOLE   0 0 0
Simon Property Group, Inc. STOCK 828806109   2,266,716 14,100 SH   SOLE   0 0 0
STAG Industrial, Inc. STOCK 85254J102   1,521,946 41,950 SH   SOLE   0 0 0
Starwood Property Trust, Inc. STOCK 85571B105   90,315 4,500 SH   SOLE   0 0 0
Summit Hotel Properties, Inc. STOCK 866082100   30,540 6,000 SH   SOLE   0 0 0
Sun Communities, Inc. STOCK 866674104   1,062,516 8,400 SH   SOLE   0 0 0
Sunstone Hotel Investors, Inc. STOCK 867892101   118,916 13,700 SH   SOLE   0 0 0
Tanger Factory Outlet Centers, Inc. STOCK 875465106   366,960 12,000 SH   SOLE   0 0 0
Terreno Realty Corp. STOCK 88146M101   2,181,123 38,900 SH   SOLE   0 0 0
Toll Brothers, Inc. STOCK 889478103   134,103 1,175 SH   SOLE   0 0 0
UDR, Inc. STOCK 902653104   1,994,546 48,850 SH   SOLE   0 0 0
Ventas, Inc. STOCK 92276F100   1,007,243 15,950 SH   SOLE   0 0 0
Vertiv Holdings Co. STOCK 92537N108   552,163 4,300 SH   SOLE   0 0 0
VICI Properties, Inc. STOCK 925652109   2,715,482 83,297 SH   SOLE   0 0 0
WP Carey, Inc. STOCK 92936U109   573,896 9,200 SH   SOLE   0 0 0
Welltower, Inc. STOCK 95040Q104   5,407,453 35,175 SH   SOLE   0 0 0
Weyerhaeuser Co. STOCK 962166104   136,157 5,300 SH   SOLE   0 0 0
AIM COUNSELOR SER TR INVESCO C DISCOVERY Y MF 00141G625   524,477 4,204 SH   SOLE   0 0 0
ALGER INSTL FD CAP APPR INS I MF 015570401   199,404 3,921 SH   SOLE   0 0 0
AB LARGE CAP GROWTH FD INC ADVISOR CL MF 01877C408   652,177 5,499 SH   SOLE   0 0 0
AMERICAN BALANCED FD SHS F-2 CL MF 024071821   731,650 19,812 SH   SOLE   0 0 0
BAIRD FDS INC ULTR SHT INSTL MF 057071722   328,099 32,357 SH   SOLE   0 0 0
COLUMBIA FDS SER TR I DIVIDEND INCME I MF 19765N245   77,247 2,196 SH   SOLE   0 0 0
FIDELITY ADVISOR SER I INSTL GRWTH MF 315805101   181,835 7,193 SH   SOLE   0 0 0
FIDELITY COVINGTON TRUST MSCI FINLS IDX MF 316092501   181,362 2,433 SH   SOLE   0 0 0
FIRST TR EXCHANGE-TRADED ALPHA COM SHS MF 33735K108   184,912 1,207 SH   SOLE   0 0 0
INVESCO QQQ TR UNIT SER 1 ETF 46090E103   186,775 331 SH   SOLE   0 0 0
ISHARES TR 7-10 YR TRSY BD ETF 464287440   584,920 6,175 SH   SOLE   0 0 0
ISHARES TR CORE S&P MCP ETF ETF 464287507   512,281 8,126 SH   SOLE   0 0 0
ISHARES TR RUS TOP 200 ETF ETF 464289446   457,194 2,932 SH   SOLE   0 0 0
ISHARES TR MSCI USA MMENTM ETF 46432F396   186,932 780 SH   SOLE   0 0 0
ISHARES TR CORE 1 5 YR USD ETF 46432F859   339,855 7,006 SH   SOLE   0 0 0
ISHARES TR INVESTMENT GRADE ETF 46435G219   251,540 5,570 SH   SOLE   0 0 0
MFS SER TR II EMERG GRW I MF 552985863   182,634 833 SH   SOLE   0 0 0
ROWE T PRICE BLUE CHIP GROWTH COM MF 77954Q106   80,554 394 SH   SOLE   0 0 0
SPDR SERIES TRUST PRTFLO S&P500 GW ETF 78464A409   81,072 831 SH   SOLE   0 0 0
SPDR SERIES TRUST PORTFOLIO S&P600 ETF 78468R853   185 4 SH   SOLE   0 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS ETF 81369Y886   404,984 4,820 SH   SOLE   0 0 0
THRIVENT MUT FDS LARGE CP VALUE S MF 885882811   370,791 11,839 SH   SOLE   0 0 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF ETF 921908844   713,042 3,459 SH   SOLE   0 0 0
VANGUARD BD INDEX FDS LONG TERM BOND ETF 921937793   240,661 3,526 SH   SOLE   0 0 0
VANGUARD WORLD FD HEALTH CAR ETF ETF 92204A504   150,495 622 SH   SOLE   0 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS ETF 922908363   360,355 624 SH   SOLE   0 0 0
VIRTUS INVESTMENT TRUST INCOME & GTH A MF 92837N584   19,139 1,688 SH   SOLE   0 0 0
WASHINGTON MUT INVS FD CL F-2 SHS MF 939330825   743,391 11,527 SH   SOLE   0 0 0
AES Corp. STOCK 00130H105   31,560 3,000 SH   SOLE   0 0 0
AT&T, Inc. STOCK 00206R102   274,930 9,500 SH   SOLE   0 0 0
Abbott Laboratories STOCK 002824100   421,631 3,100 SH   SOLE   0 0 0
AbbVie, Inc. STOCK 00287Y109   3,953,706 21,300 SH   SOLE   0 0 0
Adobe Systems, Inc. STOCK 00724F101   406,224 1,050 SH   SOLE   0 0 0
Advanced Micro Devices, Inc. STOCK 007903107   1,071,345 7,550 SH   SOLE   0 0 0
Aerovironment, Inc. STOCK 008073108   85,485 300 SH   SOLE   0 0 0
Alphabet, Inc. STOCK 02079K107   541,040 3,050 SH   SOLE   0 0 0
Alphabet, Inc. STOCK 02079K305   7,824,612 44,400 SH   SOLE   0 0 0
Oklo, Inc. STOCK 02156V109   568,299 10,150 SH   SOLE   0 0 0
Altria Group, Inc. STOCK 02209S103   741,670 12,650 SH   SOLE   0 0 0
Amazon.com, Inc. STOCK 023135106   5,890,622 26,850 SH   SOLE   0 0 0
American Electric Power Co., Inc. STOCK 025537101   233,460 2,250 SH   SOLE   0 0 0
American Express Co. STOCK 025816109   1,594,900 5,000 SH   SOLE   0 0 0
Antero Midstream Corp. STOCK 03676B102   56,850 3,000 SH   SOLE   0 0 0
Apple, Inc. STOCK 037833100   7,997,937 38,982 SH   SOLE   0 0 0
Applied Materials, Inc. STOCK 038222105   2,292,036 12,520 SH   SOLE   0 0 0
ARM Holdings PLC STOCK 042068205   32,348 200 SH   SOLE   0 0 0
AvalonBay Communities, Inc. STOCK 053484101   50,875 250 SH   SOLE   0 0 0
Baker Hughes Co. STOCK 05722G100   182,115 4,750 SH   SOLE   0 0 0
Bank of America Corp. STOCK 060505104   1,175,902 24,850 SH   SOLE   0 0 0
Berkshire Hathaway, Inc. STOCK 084670702   2,001,372 4,120 SH   SOLE   0 0 0
Blackstone Group LP/The STOCK 09260D107   2,094,120 14,000 SH   SOLE   0 0 0
Bristol-Myers Squibb Co. STOCK 110122108   208,305 4,500 SH   SOLE   0 0 0
Broadcom, Inc. STOCK 11135F101   1,019,905 3,700 SH   SOLE   0 0 0
CF Industries Holdings, Inc. STOCK 125269100   662,400 7,200 SH   SOLE   0 0 0
CME Group, Inc. STOCK 12572Q105   386,970 1,404 SH   SOLE   0 0 0
CSX Corp. STOCK 126408103   1,194,258 36,600 SH   SOLE   0 0 0
The Carlyle Group, Inc. STOCK 14316J108   310,970 6,050 SH   SOLE   0 0 0
Caterpillar, Inc. STOCK 149123101   4,305,249 11,090 SH   SOLE   0 0 0
Centene Corp. STOCK 15135B101   396,244 7,300 SH   SOLE   0 0 0
Cheniere Energy, Inc. STOCK 16411R208   1,485,472 6,100 SH   SOLE   0 0 0
Chevron Corp. STOCK 166764100   645,787 4,510 SH   SOLE   0 0 0
Chipotle Mexican Grill, Inc. STOCK 169656105   2,453,755 43,700 SH   SOLE   0 0 0
Cisco Systems, Inc. STOCK 17275R102   1,162,115 16,750 SH   SOLE   0 0 0
Citigroup, Inc. STOCK 172967424   1,732,192 20,350 SH   SOLE   0 0 0
Coca-Cola Co./The STOCK 191216100   537,700 7,600 SH   SOLE   0 0 0
Cognizant Technology Solutions Corp. STOCK 192446102   358,938 4,600 SH   SOLE   0 0 0
Coinbase Global, Inc. STOCK 19260Q107   157,721 450 SH   SOLE   0 0 0
ConAgra Foods, Inc. STOCK 205887102   22,517 1,100 SH   SOLE   0 0 0
ConocoPhillips STOCK 20825C104   181,903 2,027 SH   SOLE   0 0 0
Constellation Energy Corp. STOCK 21037T109   1,759,042 5,450 SH   SOLE   0 0 0
Corning, Inc. STOCK 219350105   420,720 8,000 SH   SOLE   0 0 0
Corteva, Inc. STOCK 22052L104   539,075 7,233 SH   SOLE   0 0 0
Costco Wholesale Corp. STOCK 22160K105   6,688,035 6,756 SH   SOLE   0 0 0
Crowdstrike Holdings, Inc. STOCK 22788C105   1,922,645 3,775 SH   SOLE   0 0 0
Cummins, Inc. STOCK 231021106   1,162,625 3,550 SH   SOLE   0 0 0
Deere & Co. STOCK 244199105   2,878,053 5,660 SH   SOLE   0 0 0
Dell Technolodies, Inc. STOCK 24703L202   199,102 1,624 SH   SOLE   0 0 0
Diamondback Energy, Inc. STOCK 25278X109   364,110 2,650 SH   SOLE   0 0 0
Digital Realty Trust, Inc. STOCK 253868103   740,903 4,250 SH   SOLE   0 0 0
DigitalBridge Group, Inc. STOCK 25401T603   134,550 13,000 SH   SOLE   0 0 0
Walt Disney Co./The STOCK 254687106   1,798,145 14,500 SH   SOLE   0 0 0
Dominion Resources, Inc. STOCK 25746U109   678,240 12,000 SH   SOLE   0 0 0
Dow, Inc. STOCK 260557103   108,118 4,083 SH   SOLE   0 0 0
Duke Energy Corp. STOCK 26441C204   265,500 2,250 SH   SOLE   0 0 0
DuPont de Nemours, Inc. STOCK 26614N102   445,835 6,500 SH   SOLE   0 0 0
EOG Resources, Inc. STOCK 26875P101   346,869 2,900 SH   SOLE   0 0 0
Edison International STOCK 281020107   134,160 2,600 SH   SOLE   0 0 0
Entergy Corp. STOCK 29364G103   307,544 3,700 SH   SOLE   0 0 0
Equinix, Inc. STOCK 29444U700   1,272,752 1,600 SH   SOLE   0 0 0
Exxon Mobil Corp. STOCK 30231G102   803,972 7,458 SH   SOLE   0 0 0
Meta Platforms, Inc. STOCK 30303M102   1,217,849 1,650 SH   SOLE   0 0 0
FedEx Corp. STOCK 31428X106   409,158 1,800 SH   SOLE   0 0 0
GE Vernova LLC STOCK 36828A101   317,490 600 SH   SOLE   0 0 0
Goldman Sachs Group, Inc./The STOCK 38141G104   1,921,541 2,715 SH   SOLE   0 0 0
HP, Inc. STOCK 40434L105   12,230 500 SH   SOLE   0 0 0
Home Depot, Inc./The STOCK 437076102   2,250,436 6,138 SH   SOLE   0 0 0
Honeywell International, Inc. STOCK 438516106   2,060,988 8,850 SH   SOLE   0 0 0
Humana, Inc. STOCK 444859102   330,048 1,350 SH   SOLE   0 0 0
ITT, Inc. STOCK 45073V108   47,049 300 SH   SOLE   0 0 0
IDACORP, Inc. STOCK 451107106   80,815 700 SH   SOLE   0 0 0
International Business Machines Corp. STOCK 459200101   786,473 2,668 SH   SOLE   0 0 0
Iron Mountain, Inc. STOCK 46284V101   651,320 6,350 SH   SOLE   0 0 0
JPMorgan Chase & Co. STOCK 46625H100   6,346,710 21,892 SH   SOLE   0 0 0
KKR & Co. LP STOCK 48251W104   266,060 2,000 SH   SOLE   0 0 0
Kinder Morgan, Inc. STOCK 49456B101   227,850 7,750 SH   SOLE   0 0 0
Kroger Co./The STOCK 501044101   645,570 9,000 SH   SOLE   0 0 0
Eli Lilly & Co. STOCK 532457108   2,701,071 3,465 SH   SOLE   0 0 0
Lockheed Martin Corp. STOCK 539830109   463,140 1,000 SH   SOLE   0 0 0
Lowe's Cos., Inc. STOCK 548661107   709,984 3,200 SH   SOLE   0 0 0
Marathon Petroleum Corp. STOCK 56585A102   91,361 550 SH   SOLE   0 0 0
Masco Corp. STOCK 574599106   547,060 8,500 SH   SOLE   0 0 0
MasterCard, Inc. STOCK 57636Q104   1,376,753 2,450 SH   SOLE   0 0 0
McDonald's Corp. STOCK 580135101   753,799 2,580 SH   SOLE   0 0 0
McKesson Corp. STOCK 58155Q103   3,458,722 4,720 SH   SOLE   0 0 0
Merck & Co., Inc. STOCK 58933Y105   1,048,870 13,250 SH   SOLE   0 0 0
Microsoft Corp. STOCK 594918104   9,599,516 19,299 SH   SOLE   0 0 0
Microchip Technology, Inc. STOCK 595017104   453,887 6,450 SH   SOLE   0 0 0
Mid-America Apartment Communities, Inc. STOCK 59522J103   37,003 250 SH   SOLE   0 0 0
Morgan Stanley STOCK 617446448   422,580 3,000 SH   SOLE   0 0 0
NRG Energy, Inc. STOCK 629377508   80,290 500 SH   SOLE   0 0 0
NetApp, Inc. STOCK 64110D104   277,030 2,600 SH   SOLE   0 0 0
Netflix, Inc. STOCK 64110L106   2,142,608 1,600 SH   SOLE   0 0 0
NextEra Energy, Inc. STOCK 65339F101   1,646,990 23,725 SH   SOLE   0 0 0
NIKE, Inc. STOCK 654106103   106,560 1,500 SH   SOLE   0 0 0
Gen Digital, Inc. STOCK 668771108   726,180 24,700 SH   SOLE   0 0 0
Novo Nordisk A/S STOCK 670100205   34,510 500 SH   SOLE   0 0 0
Nucor Corp. STOCK 670346105   51,816 400 SH   SOLE   0 0 0
NVIDIA Corp. STOCK 67066G104   28,062,184 177,620 SH   SOLE   0 0 0
Occidental Petroleum Corp. STOCK 674599105   42,010 1,000 SH   SOLE   0 0 0
ONEOK, Inc. STOCK 682680103   85,712 1,050 SH   SOLE   0 0 0
Oracle Corp. STOCK 68389X105   6,214,558 28,425 SH   SOLE   0 0 0
PPL Corp. STOCK 69351T106   67,780 2,000 SH   SOLE   0 0 0
Palantir Technologies, Inc. STOCK 69608A108   477,120 3,500 SH   SOLE   0 0 0
Palo Alto Networks, Inc. STOCK 697435105   1,043,664 5,100 SH   SOLE   0 0 0
Paychex, Inc. STOCK 704326107   560,021 3,850 SH   SOLE   0 0 0
PepsiCo, Inc. STOCK 713448108   290,488 2,200 SH   SOLE   0 0 0
Philip Morris International, Inc. STOCK 718172109   874,224 4,800 SH   SOLE   0 0 0
Phillips 66 STOCK 718546104   512,990 4,300 SH   SOLE   0 0 0
Procter & Gamble Co./The STOCK 742718109   958,310 6,015 SH   SOLE   0 0 0
Prologis, Inc. STOCK 74340W103   562,392 5,350 SH   SOLE   0 0 0
QUALCOMM, Inc. STOCK 747525103   597,225 3,750 SH   SOLE   0 0 0
Quest Diagnostics, Inc. STOCK 74834L100   682,594 3,800 SH   SOLE   0 0 0
Raytheon Technologies Corp. STOCK 75513E101   306,642 2,100 SH   SOLE   0 0 0
Sempra Energy STOCK 816851109   18,943 250 SH   SOLE   0 0 0
ServiceNow, Inc. STOCK 81762P102   1,161,730 1,130 SH   SOLE   0 0 0
Starbucks Corp. STOCK 855244109   160,353 1,750 SH   SOLE   0 0 0
Sun Communities, Inc. STOCK 866674104   202,384 1,600 SH   SOLE   0 0 0
TKO Group Holdings Inc STOCK 87256C101   163,755 900 SH   SOLE   0 0 0
Taiwan Semiconductor Manufacturing Co. Ltd. STOCK 874039100   135,894 600 SH   SOLE   0 0 0
Talen Energy Corp. STOCK 87422Q109   567,002 1,950 SH   SOLE   0 0 0
Target Corp. STOCK 87612E106   969,730 9,830 SH   SOLE   0 0 0
Targa Resources Corp. STOCK 87612G101   731,136 4,200 SH   SOLE   0 0 0
Terreno Realty Corp. STOCK 88146M101   116,345 2,075 SH   SOLE   0 0 0
Tesla, Inc. STOCK 88160R101   1,215,050 3,825 SH   SOLE   0 0 0
Texas Instruments, Inc. STOCK 882508104   1,904,914 9,175 SH   SOLE   0 0 0
Thermo Fisher Scientific, Inc. STOCK 883556102   441,951 1,090 SH   SOLE   0 0 0
UGI Corp. STOCK 902681105   36,420 1,000 SH   SOLE   0 0 0
Uber Technologies, Inc. STOCK 90353T100   139,950 1,500 SH   SOLE   0 0 0
United Parcel Service, Inc. STOCK 911312106   257,397 2,550 SH   SOLE   0 0 0
UnitedHealth Group, Inc. STOCK 91324P102   483,554 1,550 SH   SOLE   0 0 0
Valero Energy Corp. STOCK 91913Y100   774,931 5,765 SH   SOLE   0 0 0
Verizon Communications, Inc. STOCK 92343V104   1,148,386 26,540 SH   SOLE   0 0 0
Vertex Pharmaceuticals, Inc. STOCK 92532F100   44,520 100 SH   SOLE   0 0 0
Vertiv Holdings Co. STOCK 92537N108   385,230 3,000 SH   SOLE   0 0 0
VICI Properties, Inc. STOCK 925652109   67,580 2,073 SH   SOLE   0 0 0
Visa, Inc. STOCK 92826C839   2,680,628 7,550 SH   SOLE   0 0 0
Vistra Energy Corp. STOCK 92840M102   1,812,124 9,350 SH   SOLE   0 0 0
WEC Energy Group, Inc. STOCK 92939U106   1,052,420 10,100 SH   SOLE   0 0 0
Wal-Mart Stores, Inc. STOCK 931142103   4,346,517 44,452 SH   SOLE   0 0 0
Waste Connections, Inc. STOCK 94106B101   2,105,268 11,275 SH   SOLE   0 0 0
Wells Fargo & Co. STOCK 949746101   160,240 2,000 SH   SOLE   0 0 0
Welltower, Inc. STOCK 95040Q104   607,234 3,950 SH   SOLE   0 0 0
Weyerhaeuser Co. STOCK 962166104   12,845 500 SH   SOLE   0 0 0
Williams Cos, Inc./The STOCK 969457100   1,680,168 26,750 SH   SOLE   0 0 0
Workday, Inc. STOCK 98138H101   1,555,200 6,480 SH   SOLE   0 0 0
Zscaler, Inc. STOCK 98980G102   596,486 1,900 SH   SOLE   0 0 0
Accenture PLC STOCK G1151C101   1,113,365 3,725 SH   SOLE   0 0 0
Johnson Controls International PLC STOCK G51502105   871,682 8,253 SH   SOLE   0 0 0
New Linde PLC STOCK G54950103   609,934 1,300 SH   SOLE   0 0 0
Medtronic PLC STOCK G5960L103   616,205 7,069 SH   SOLE   0 0 0
Garmin Ltd. STOCK H2906T109   240,028 1,150 SH   SOLE   0 0 0
Blackstone Mortgage Trust, Inc. STOCK 09257W100   222,626 11,565 SH   SOLE   0 0 0
Chevron Corp. STOCK 166764100   357,975 2,500 SH   SOLE   0 0 0
Enbridge, Inc. STOCK 29250N105   566,500 12,500 SH   SOLE   0 0 0
Hannon Armstrong Sustainable Infrastructure STOCK 41068X100   188,020 7,000 SH   SOLE   0 0 0
Healthpeak Properties, Inc. STOCK 42250P103   23,603 1,348 SH   SOLE   0 0 0
Kinder Morgan, Inc. STOCK 49456B101   220,500 7,500 SH   SOLE   0 0 0
Realty Income Corp. STOCK 756109104   175,595 3,048 SH   SOLE   0 0 0
Simon Property Group, Inc. STOCK 828806109   562,660 3,500 SH   SOLE   0 0 0
SOUTH BOW CORP STOCK 83671M105   77,730 3,000 SH   SOLE   0 0 0
TC Energy Corp. STOCK 87807B107   365,925 7,500 SH   SOLE   0 0 0
Verizon Communications, Inc. STOCK 92343V104   324,525 7,500 SH   SOLE   0 0 0
Oklo, Inc. STOCK 02156V109   988,224 17,650 SH   SOLE   0 0 0
Kinetik Holdings Inc STOCK 02215L209   440,500 10,000 SH   SOLE   0 0 0
Antero Resources Corp. STOCK 03674X106   624,340 15,500 SH   SOLE   0 0 0
Antero Midstream Corp. STOCK 03676B102   938,025 49,500 SH   SOLE   0 0 0
BP PLC STOCK 055622104   2,225,625 74,361 SH   SOLE   0 0 0
Baker Hughes Co. STOCK 05722G100   2,415,420 63,000 SH   SOLE   0 0 0
Black Stone Minerals, L.P. STOCK 09225M101   1,870,427 142,999 SH   SOLE   0 0 0
CNX Resources Corp. STOCK 12653C108   488,360 14,500 SH   SOLE   0 0 0
Coterra Energy, Inc. STOCK 127097103   2,131,920 84,000 SH   SOLE   0 0 0
Canadian Natural Resources Ltd. STOCK 136385101   125,600 4,000 SH   SOLE   0 0 0
Cheniere Energy Partners LP STOCK 16411Q101   77,349 1,380 SH   SOLE   0 0 0
Cheniere Energy, Inc. STOCK 16411R208   7,585,648 31,150 SH   SOLE   0 0 0
EXPAND ENERGY CORP STOCK 165167735   1,058,307 9,050 SH   SOLE   0 0 0
Chevron Corp. STOCK 166764100   5,925,202 41,380 SH   SOLE   0 0 0
ConocoPhillips STOCK 20825C104   4,161,872 46,377 SH   SOLE   0 0 0
Constellation Energy Corp. STOCK 21037T109   1,081,246 3,350 SH   SOLE   0 0 0
Delek Logistics Partners LP STOCK 24664T103   85,900 2,000 SH   SOLE   0 0 0
Devon Energy Corp. STOCK 25179M103   1,350,335 42,450 SH   SOLE   0 0 0
Diamondback Energy, Inc. STOCK 25278X109   2,356,410 17,150 SH   SOLE   0 0 0
Dominion Resources, Inc. STOCK 25746U109   84,780 1,500 SH   SOLE   0 0 0
Duke Energy Corp. STOCK 26441C204   206,500 1,750 SH   SOLE   0 0 0
EOG Resources, Inc. STOCK 26875P101   2,894,562 24,200 SH   SOLE   0 0 0
EQT Corp. STOCK 26884L109   1,458,000 25,000 SH   SOLE   0 0 0
Enbridge, Inc. STOCK 29250N105   6,917,056 152,627 SH   SOLE   0 0 0
Energy Transfer LP STOCK 29273V100   7,500,381 413,700 SH   SOLE   0 0 0
Entergy Corp. STOCK 29364G103   270,140 3,250 SH   SOLE   0 0 0
Enterprise Products Partners LP STOCK 293792107   5,523,997 178,136 SH   SOLE   0 0 0
Exxon Mobil Corp. STOCK 30231G102   5,830,794 54,089 SH   SOLE   0 0 0
GE Vernova LLC STOCK 36828A101   529,150 1,000 SH   SOLE   0 0 0
HF Sinaclair Corp. STOCK 403949100   1,198,550 29,176 SH   SOLE   0 0 0
Halliburton Co. STOCK 406216101   835,580 41,000 SH   SOLE   0 0 0
Hess Corp. STOCK 42809H107   270,153 1,950 SH   SOLE   0 0 0
Hess Midstream LP STOCK 428103105   5,423,633 140,837 SH   SOLE   0 0 0
Crescent Energy Co. STOCK 44952J104   25,800 3,000 SH   SOLE   0 0 0
ITT, Inc. STOCK 45073V108   1,105,652 7,050 SH   SOLE   0 0 0
IDACORP, Inc. STOCK 451107106   109,678 950 SH   SOLE   0 0 0
Kinder Morgan, Inc. STOCK 49456B101   7,717,324 262,494 SH   SOLE   0 0 0
Liberty Oilfield Services, Inc. STOCK 53115L104   45,920 4,000 SH   SOLE   0 0 0
MPLX LP STOCK 55336V100   5,609,284 108,897 SH   SOLE   0 0 0
Marathon Petroleum Corp. STOCK 56585A102   7,504,019 45,175 SH   SOLE   0 0 0
Matador Resources Co. STOCK 576485205   429,480 9,000 SH   SOLE   0 0 0
Murphy Oil Corp. STOCK 626717102   112,500 5,000 SH   SOLE   0 0 0
NextEra Energy, Inc. STOCK 65339F101   135,369 1,950 SH   SOLE   0 0 0
Chord Energy Corp. STOCK 674215207   33,898 350 SH   SOLE   0 0 0
Occidental Petroleum Corp. STOCK 674599105   1,474,551 35,100 SH   SOLE   0 0 0
ONEOK, Inc. STOCK 682680103   6,575,052 80,547 SH   SOLE   0 0 0
Ovintiv, Inc. STOCK 69047Q102   361,475 9,500 SH   SOLE   0 0 0
PBF Energy, Inc. STOCK 69318G106   1,164,763 53,750 SH   SOLE   0 0 0
PPL Corp. STOCK 69351T106   847,250 25,000 SH   SOLE   0 0 0
Permian Resources Corp. STOCK 71424F105   163,440 12,000 SH   SOLE   0 0 0
Phillips 66 STOCK 718546104   6,547,900 54,886 SH   SOLE   0 0 0
Plains All American Pipeline LP STOCK 726503105   4,896,936 267,300 SH   SOLE   0 0 0
Plains GP Holdings LP STOCK 72651A207   1,243,520 64,000 SH   SOLE   0 0 0
Range Resources Corp. STOCK 75281A109   528,710 13,000 SH   SOLE   0 0 0
Schlumberger Ltd. STOCK 806857108   1,652,820 48,900 SH   SOLE   0 0 0
SOUTH BOW CORP STOCK 83671M105   304,831 11,765 SH   SOLE   0 0 0
Suburban Propane Partners, L.P. STOCK 864482104   148,240 8,000 SH   SOLE   0 0 0
Suncor Energy, Inc. STOCK 867224107   149,800 4,000 SH   SOLE   0 0 0
Sunoco LP STOCK 86765K109   723,465 13,500 SH   SOLE   0 0 0
Talen Energy Corp. STOCK 87422Q109   1,337,542 4,600 SH   SOLE   0 0 0
Targa Resources Corp. STOCK 87612G101   7,687,025 44,158 SH   SOLE   0 0 0
TC Energy Corp. STOCK 87807B107   2,614,071 53,578 SH   SOLE   0 0 0
Texas Pacific Land Corp. STOCK 88262P102   2,593,437 2,455 SH   SOLE   0 0 0
TotalEnergies SE STOCK 89151E109   61,390 1,000 SH   SOLE   0 0 0
UGI Corp. STOCK 902681105   327,780 9,000 SH   SOLE   0 0 0
USA Compression Partners LP STOCK 90290N109   128,454 5,284 SH   SOLE   0 0 0
Valero Energy Corp. STOCK 91913Y100   6,595,855 49,069 SH   SOLE   0 0 0
Vertiv Holdings Co. STOCK 92537N108   565,004 4,400 SH   SOLE   0 0 0
Viper Energy Inc STOCK 927959106   1,166,778 30,600 SH   SOLE   0 0 0
Vistra Energy Corp. STOCK 92840M102   1,250,075 6,450 SH   SOLE   0 0 0
Western Midstream Partners LP STOCK 958669103   5,114,205 132,150 SH   SOLE   0 0 0
Williams Cos, Inc./The STOCK 969457100   9,502,022 151,282 SH   SOLE   0 0 0
TechnipFMC PLC STOCK G87110105   551,040 16,000 SH   SOLE   0 0 0
AES Corp. STOCK 00130H105   331,380 31,500 SH   SOLE   0 0 0
Alliant Energy Corp. STOCK 018802108   377,938 6,250 SH   SOLE   0 0 0
Ameren Corp. STOCK 023608102   1,046,836 10,900 SH   SOLE   0 0 0
American Electric Power Co., Inc. STOCK 025537101   1,291,812 12,450 SH   SOLE   0 0 0
American Water Works Co., Inc. STOCK 030420103   312,998 2,250 SH   SOLE   0 0 0
Atmos Energy Corp. STOCK 049560105   839,900 5,450 SH   SOLE   0 0 0
Brookfiled Renewable Corp. STOCK 11285B108   193,402 5,900 SH   SOLE   0 0 0
CMS Energy Corp. STOCK 125896100   1,132,728 16,350 SH   SOLE   0 0 0
California Water Service Group STOCK 130788102   181,920 4,000 SH   SOLE   0 0 0
CenterPoint Energy, Inc. STOCK 15189T107   624,580 17,000 SH   SOLE   0 0 0
Chesapeake Utilities Corp. STOCK 165303108   456,836 3,800 SH   SOLE   0 0 0
Clearway Energy, Inc. STOCK 18539C204   489,600 15,300 SH   SOLE   0 0 0
Constellation Energy Corp. STOCK 21037T109   1,694,490 5,250 SH   SOLE   0 0 0
DTE Energy Co. STOCK 233331107   1,556,405 11,750 SH   SOLE   0 0 0
Dominion Resources, Inc. STOCK 25746U109   401,292 7,100 SH   SOLE   0 0 0
Duke Energy Corp. STOCK 26441C204   1,539,900 13,050 SH   SOLE   0 0 0
Edison International STOCK 281020107   560,273 10,858 SH   SOLE   0 0 0
Entergy Corp. STOCK 29364G103   1,537,720 18,500 SH   SOLE   0 0 0
Essential Utilities, Inc. STOCK 29670G102   1,052,919 28,350 SH   SOLE   0 0 0
Evergy, Inc. STOCK 30034W106   734,105 10,650 SH   SOLE   0 0 0
Eversource Energy STOCK 30040W108   1,215,142 19,100 SH   SOLE   0 0 0
Exelon Corp. STOCK 30161N101   877,084 20,200 SH   SOLE   0 0 0
FirstEnergy Corp. STOCK 337932107   1,125,267 27,950 SH   SOLE   0 0 0
IDACORP, Inc. STOCK 451107106   398,303 3,450 SH   SOLE   0 0 0
Kinder Morgan, Inc. STOCK 49456B101   176,400 6,000 SH   SOLE   0 0 0
NRG Energy, Inc. STOCK 629377508   505,827 3,150 SH   SOLE   0 0 0
National Fuel Gas Co. STOCK 636180101   258,366 3,050 SH   SOLE   0 0 0
New Jersey Resources Corp. STOCK 646025106   291,330 6,500 SH   SOLE   0 0 0
NextEra Energy, Inc. STOCK 65339F101   1,936,818 27,900 SH   SOLE   0 0 0
Nisource, Inc. STOCK 65473P105   1,153,724 28,600 SH   SOLE   0 0 0
Northwest Natural Holdings Co. STOCK 66765N105   293,928 7,400 SH   SOLE   0 0 0
NorthWestern Corp. STOCK 668074305   366,795 7,150 SH   SOLE   0 0 0
ONEOK, Inc. STOCK 682680103   226,523 2,775 SH   SOLE   0 0 0
TXNM Energy Inc Com STOCK 69349H107   315,392 5,600 SH   SOLE   0 0 0
PPL Corp. STOCK 69351T106   1,345,433 39,700 SH   SOLE   0 0 0
Pinnacle West Capital Corp. STOCK 723484101   143,152 1,600 SH   SOLE   0 0 0
Portland General Electric Co. STOCK 736508847   595,230 14,650 SH   SOLE   0 0 0
Public Service Enterprise Group, Inc. STOCK 744573106   1,191,147 14,150 SH   SOLE   0 0 0
Republic Services, Inc. STOCK 760759100   246,610 1,000 SH   SOLE   0 0 0
Sempra Energy STOCK 816851109   1,280,513 16,900 SH   SOLE   0 0 0
Southern Co./The STOCK 842587107   615,261 6,700 SH   SOLE   0 0 0
Southwest Gas Corp. STOCK 844895102   256,646 3,450 SH   SOLE   0 0 0
Targa Resources Corp. STOCK 87612G101   248,064 1,425 SH   SOLE   0 0 0
Vistra Energy Corp. STOCK 92840M102   1,686,147 8,700 SH   SOLE   0 0 0
WEC Energy Group, Inc. STOCK 92939U106   791,920 7,600 SH   SOLE   0 0 0
Waste Management, Inc. STOCK 94106L109   434,758 1,900 SH   SOLE   0 0 0
Williams Cos, Inc./The STOCK 969457100   339,174 5,400 SH   SOLE   0 0 0
Xcel Energy, Inc. STOCK 98389B100   1,150,890 16,900 SH   SOLE   0 0 0