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 COMM STK 008492100   14,360,309 190,632 SH   SOLE   190,632 0 0
ALEXANDRIA REAL ESTATE EQUITIES INC COMM STK 015271109   51,934,600 437,344 SH   SOLE   64,793 0 372,551
AMERICAN TOWER CORP COMM STK 03027X100   143,850,918 618,554 SH   SOLE   330,811 0 287,743
AMERICOLD REALTY TRUST COMM STK 03064D108   54,615,181 1,931,913 SH   SOLE   583,433 0 1,348,480
AVALONBAY COMMUNITIES INC COMM STK 053484101   115,770,166 513,963 SH   SOLE   125,495 0 388,468
BROADSTONE NET LEASE INC COMM STK 11135E203   19,608,797 1,034,765 SH   SOLE   62,221 0 972,544
CAMDEN PROPERTY TRUST COMM STK 133131102   2,347 19 SH   SOLE   19 0 0
COPT DEFENSE PROPERTIES COMM STK 22002T108   16,365,583 539,584 SH   SOLE   22,900 0 516,684
COUSINS PROPERTIES INC COMM STK 222795502   18,922,681 641,882 SH   SOLE   25,619 0 616,263
CROWN CASTLE INTL CORP COMM STK 22822V101   8,992,629 75,804 SH   SOLE   75,804 0 0
CUBESMART COMM STK 229663109   4,850,083 90,100 SH   SOLE   90,100 0 0
DIGITAL REALTY TRUST INC COMM STK 253868103   147,276,143 910,067 SH   SOLE   217,593 0 692,474
EQUINIX INC COMM STK 29444U700   247,108,203 278,391 SH   SOLE   47,122 0 231,269
EQUITY RESIDENTIAL COMM STK 29476L107   48,280,906 648,414 SH   SOLE   117,679 0 530,735
ESSEX PROPERTY TRUST INC COMM STK 297178105   10,166,879 34,415 SH   SOLE   34,415 0 0
EXTRA SPACE STORAGE INC COMM STK 30225T102   43,208,120 239,792 SH   SOLE   24,332 0 215,460
FEDERAL REALTY INVESTMENT TRUST COMM STK 313745101   1,777,896 15,464 SH   SOLE   15,464 0 0
FIRST INDUSTRIAL REALTY TRUST INC COMM STK 32054K103   81,678,907 1,459,073 SH   SOLE   476,523 0 982,550
GAMING AND LEISURE PROP INC COMM STK 36467J108   81,711,810 1,588,179 SH   SOLE   358,082 0 1,230,097
HEALTHPEAK PROPERTIES INC COMM STK 42250P103   80,582,239 3,523,491 SH   SOLE   806,864 0 2,716,627
HOST HOTELS & RESORTS INC COMM STK 44107P104   29,411,923 1,671,132 SH   SOLE   83,712 0 1,587,420
INVITATION HOMES INC COMM STK 46187W107   97,383,325 2,761,864 SH   SOLE   857,149 0 1,904,715
KILROY REALTY CORP COMM STK 49427F108   1,366,110 35,300 SH   SOLE   35,300 0 0
KIMCO REALTY CORP COMM STK 49446R109   42,749,576 1,841,067 SH   SOLE   257,827 0 1,583,240
LAMAR ADVERTISING CO COMM STK 512816109   459,851 3,442 SH   SOLE   3,442 0 0
LXP INDUSTRIAL TRUST COMM STK 529043101   25,972,436 2,584,322 SH   SOLE   617,637 0 1,966,685
NATIONAL HEALTH INVESTORS INC COMM STK 63633D104   50,860,083 605,045 SH   SOLE   139,839 0 465,206
NETSTREIT CORP COMM STK 64119V303   43,599,478 2,637,597 SH   SOLE   635,547 0 2,002,050
OUTFRONT MEDIA INC COMM STK 69007J106   56,656,001 3,082,481 SH   SOLE   704,646 0 2,377,835
PARK HOTELS & RESORTS INC COMM STK 700517105   11,603,186 822,921 SH   SOLE   18,374 0 804,547
PROLOGIS INC COMM STK 74340W103   179,228,194 1,419,292 SH   SOLE   210,864 0 1,208,428
PUBLIC STORAGE COMM STK 74460D109   173,445,185 476,668 SH   SOLE   124,635 0 352,033
REALTY INCOME CORP COMM STK 756109104   142,058,453 2,239,963 SH   SOLE   356,209 0 1,883,754
REGENCY CENTERS CORP COMM STK 758849103   13,735,112 190,158 SH   SOLE   41,680 0 148,478
RETAIL OPPORTUNITY INVESTMENTS CORP COMM STK 76131N101   28,488,037 1,811,064 SH   SOLE   504,593 0 1,306,471
SABRA HEALTHCARE REIT INC COMM STK 78573L106   5,043 271 SH   SOLE   271 0 0
SBA COMMUNICATIONS CORP COMM STK 78410G104   7,725,989 32,098 SH   SOLE   32,098 0 0
SIMON PROPERTY GROUP INC COMM STK 828806109   93,262,194 551,782 SH   SOLE   101,506 0 450,276
SUN COMMUNITIES INC COMM STK 866674104   57,928,669 428,625 SH   SOLE   59,052 0 369,573
UDR INC COMM STK 902653104   72,203,270 1,592,485 SH   SOLE   214,390 0 1,378,095
VENTAS INC COMM STK 92276F100   24,124,488 376,181 SH   SOLE   163,165 0 213,016
VICI PROPERTIES INC COMM STK 925652109   98,231,756 2,949,017 SH   SOLE   510,947 0 2,438,070
WELLTOWER INC COMM STK 95040Q104   171,916,251 1,342,781 SH   SOLE   159,315 0 1,183,466
WEYERHAEUSER CO COMM STK 962166104   736,523 21,752 SH   SOLE   21,752 0 0