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
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   4,647,416 40,950 SH   SOLE   40,950 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   10,344,097 291,794 SH   SOLE   291,794 0 0
AVALONBAY CMNTYS INC COM 053484101   8,958,528 47,332 SH   SOLE   47,332 0 0
BOSTON PROPERTIES INC COM 101121101   2,798,183 48,588 SH   SOLE   48,588 0 0
BRIXMOR PPTY GROUP INC COM 11120U105   6,651,370 302,335 SH   SOLE   302,335 0 0
BROADSTONE NET LEASE INC COM 11135E203   1,570,140 101,693 SH   SOLE   101,693 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108   3,975,726 167,399 SH   SOLE   167,399 0 0
DIGITAL RLTY TR INC COM 253868103   5,687,579 49,948 SH   SOLE   49,948 0 0
EASTGROUP PPTYS INC COM 277276101   6,132,941 35,328 SH   SOLE   35,328 0 0
EMPIRE ST RLTY TR INC CL A 292104106   1,387,972 185,310 SH   SOLE   185,310 0 0
EQUINIX INC COM 29444U700   4,472,378 5,705 SH   SOLE   5,705 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108   4,810,528 71,917 SH   SOLE   71,917 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   13,620,166 206,460 SH   SOLE   206,460 0 0
ESSENTIAL PPTYS RLTY TR INC COM 29670E107   3,112,318 132,214 SH   SOLE   132,214 0 0
FIRST INDL RLTY TR INC COM 32054K103   3,759,286 71,415 SH   SOLE   71,415 0 0
FOUR CORNERS PPTY TR INC COM 35086T109   1,576,146 62,053 SH   SOLE   62,053 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   3,967,137 197,370 SH   SOLE   197,370 0 0
HIGHWOODS PPTYS INC COM 431284108   2,327,734 97,354 SH   SOLE   97,354 0 0
HOST HOTELS & RESORTS INC COM 44107P104   5,051,962 300,176 SH   SOLE   300,176 0 0
INDEPENDENCE RLTY TR INC COM 45378A106   2,458,917 134,957 SH   SOLE   134,957 0 0
INVITATION HOMES INC COM 46187W107   11,390,769 331,127 SH   SOLE   331,127 0 0
IRON MTN INC DEL COM 46284V101   1,942,676 34,190 SH   SOLE   34,190 0 0
KIMCO RLTY CORP COM 49446R109   11,122,908 564,042 SH   SOLE   564,042 0 0
LAMAR ADVERTISING CO NEW CL A 512816109   5,405,850 54,467 SH   SOLE   54,467 0 0
MARRIOTT INTL INC NEW CL A 571903202   3,059,357 16,655 SH   SOLE   16,655 0 0
OMEGA HEALTHCARE INVS INC COM 681936100   11,807,302 384,728 SH   SOLE   384,728 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206   1,116,418 153,565 SH   SOLE   153,565 0 0
PROLOGIS INC. COM 74340W103   5,175,109 42,201 SH   SOLE   42,201 0 0
PUBLIC STORAGE COM 74460D109   10,748,189 36,824 SH   SOLE   36,824 0 0
REGENCY CTRS CORP COM 758849103   10,623,575 171,986 SH   SOLE   171,986 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   5,197,945 55,940 SH   SOLE   55,940 0 0
SABRA HEALTH CARE REIT INC COM 78573L106   4,711,072 400,261 SH   SOLE   400,261 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102   1,954,735 75,240 SH   SOLE   75,240 0 0
STARWOOD PPTY TR INC COM 85571B105   3,899,284 200,994 SH   SOLE   200,994 0 0
UDR INC COM 902653104   6,146,631 143,078 SH   SOLE   143,078 0 0
VICI PPTYS INC COM 925652109   8,419,846 267,892 SH   SOLE   267,892 0 0
WELLTOWER INC COM 95040Q104   4,250,041 52,541 SH   SOLE   52,541 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104   3,776,678 112,703 SH   SOLE   112,703 0 0