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 RLTY CORP COM 008492100   8,199,617 121,332 SH   SOLE   121,332 0 0
AIRBNB INC COM CL A 009066101   3,748,668 35,688 SH   SOLE   35,688 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   15,796,048 112,676 SH   SOLE   112,676 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   7,096,442 216,289 SH   SOLE   216,289 0 0
AVALONBAY CMNTYS INC COM 053484101   4,403,983 23,910 SH   SOLE   23,910 0 0
BOSTON PROPERTIES INC COM 101121101   11,540,582 153,936 SH   SOLE   153,936 0 0
BROOKDALE SR LIVING INC COM 112463104   1,207,112 282,696 SH   SOLE   282,696 0 0
CAMDEN PPTY TR SH BEN INT 133131102   4,956,936 41,498 SH   SOLE   41,498 0 0
CROWN CASTLE INC COM 22822V101   9,283,146 64,221 SH   SOLE   64,221 0 0
DIGITAL RLTY TR INC COM 253868103   11,675,966 117,725 SH   SOLE   117,725 0 0
EASTGROUP PPTYS INC COM 277276101   7,515,639 52,069 SH   SOLE   52,069 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108   7,069,311 112,497 SH   SOLE   112,497 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   17,071,527 253,965 SH   SOLE   253,965 0 0
ESSENTIAL PPTYS RLTY TR INC COM 29670E107   4,189,433 215,395 SH   SOLE   215,395 0 0
FIRST INDL RLTY TR INC COM 32054K103   5,166,324 115,294 SH   SOLE   115,294 0 0
GAMING & LEISURE PPTYS INC COM 36467J108   14,626,850 330,625 SH   SOLE   330,625 0 0
HEALTHCARE RLTY TR CL A COM 42226K105   11,380,973 545,850 SH   SOLE   545,850 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   12,630,456 551,067 SH   SOLE   551,067 0 0
HOST HOTELS & RESORTS INC COM 44107P104   8,231,604 518,363 SH   SOLE   518,363 0 0
INVITATION HOMES INC COM 46187W107   11,395,923 337,457 SH   SOLE   337,457 0 0
KIMCO RLTY CORP COM 49446R109   18,619,211 1,011,364 SH   SOLE   1,011,364 0 0
LIFE STORAGE INC COM 53223X107   8,116,936 73,284 SH   SOLE   73,284 0 0
MACERICH CO COM 554382101   2,870,556 361,531 SH   SOLE   361,531 0 0
NEWMARK GROUP INC CL A 65158N102   696,384 86,400 SH   SOLE   86,400 0 0
OMEGA HEALTHCARE INVS INC COM 681936100   5,807,967 196,947 SH   SOLE   196,947 0 0
PARAMOUNT GROUP INC COM 69924R108   2,667,574 428,182 SH   SOLE   428,182 0 0
PUBLIC STORAGE COM 74460D109   20,818,498 71,099 SH   SOLE   71,099 0 0
REGENCY CTRS CORP COM 758849103   12,407,471 230,408 SH   SOLE   230,408 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   5,767,248 78,370 SH   SOLE   78,370 0 0
SABRA HEALTH CARE REIT INC COM 78573L106   5,627,955 428,960 SH   SOLE   428,960 0 0
SL GREEN RLTY CORP COM 78440X887   13,697,492 341,073 SH   SOLE   341,073 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   4,360,453 12,208 SH   SOLE   12,208 0 0
SPIRIT RLTY CAP INC NEW COM NEW 84860W300   7,164,453 198,132 SH   SOLE   198,132 0 0
VENTAS INC COM 92276F100   17,954,544 446,964 SH   SOLE   446,964 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105   9,772,196 159,286 SH   SOLE   159,286 0 0