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
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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
AMEREN CORP COM 023608102   2,336,193 31,220 SH   SOLE   11,947 0 19,273
AMERICAN HOMES 4 RENT CL A 02665T306   155,531,637 4,616,552 SH   SOLE   3,573,607 0 1,042,945
AMERICAN TOWER CORP NEW COM 03027X100   148,880,696 905,325 SH   SOLE   700,612 0 204,713
AVALONBAY CMNTYS INC COM 053484101   2,408,825 14,026 SH   SOLE   8,789 0 5,237
CHENIERE ENERGY INC COM NEW 16411R208   502,029 3,025 SH   SOLE   877 0 2,148
CONSOLIDATED EDISON INC COM 209115104   730,170 8,537 SH   SOLE   2,514 0 6,023
CONSTELLATION ENERGY CORP COM 21037T109   1,037,351 9,510 SH   SOLE   2,778 0 6,732
COPT DEFENSE PROPERTIES SHS BEN INT 22002T108   70,722,888 2,967,809 SH   SOLE   2,314,743 0 653,066
CUBESMART COM 229663109   99,708,120 2,614,952 SH   SOLE   2,015,707 0 599,245
DIGITAL RLTY TR INC COM 253868103   284,531,695 2,351,113 SH   SOLE   1,813,528 0 537,585
DUKE ENERGY CORP NEW COM NEW 26441C204   760,007 8,611 SH   SOLE   2,511 0 6,100
EDISON INTL COM 281020107   1,168,523 18,463 SH   SOLE   5,421 0 13,042
EQUINIX INC COM 29444U700   479,044,001 659,604 SH   SOLE   508,723 0 150,881
EQUITY LIFESTYLE PPTYS INC COM 29472R108   149,498,637 2,346,549 SH   SOLE   1,816,996 0 529,553
EQUITY RESIDENTIAL SH BEN INT 29476L107   495,500,658 8,439,800 SH   SOLE   6,553,702 0 1,886,098
ESSEX PPTY TR INC COM 297178105   153,976,280 725,995 SH   SOLE   558,534 0 167,461
EXELON CORP COM 30161N101   2,231,651 59,054 SH   SOLE   17,316 0 41,738
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101   264,034,463 2,913,323 SH   SOLE   2,242,790 0 670,533
HEALTHPEAK PROPERTIES INC COM 42250P103   214,289,364 11,671,534 SH   SOLE   9,019,484 0 2,652,050
HOST HOTELS & RESORTS INC COM 44107P104   142,413,931 8,862,099 SH   SOLE   6,820,996 0 2,041,103
INVITATION HOMES INC COM 46187W107   334,122,057 10,543,454 SH   SOLE   8,117,328 0 2,426,126
KILROY RLTY CORP COM 49427F108   89,248,780 2,823,435 SH   SOLE   2,175,540 0 647,895
KIMCO RLTY CORP COM 49446R109   90,205,249 5,128,212 SH   SOLE   3,935,788 0 1,192,424
NEXTERA ENERGY INC COM 65339F101   1,097,218 19,152 SH   SOLE   5,607 0 13,545
PG&E CORP COM 69331C108   1,102,324 68,340 SH   SOLE   20,092 0 48,248
PPL CORP COM 69351T106   1,008,180 42,792 SH   SOLE   12,570 0 30,222
PROLOGIS INC. COM 74340W103   474,533,285 4,228,975 SH   SOLE   3,258,203 0 970,772
PUBLIC STORAGE COM 74460D109   139,085,856 527,800 SH   SOLE   407,702 0 120,098
PUBLIC SVC ENTERPRISE GRP IN COM 744573106   1,554,155 27,309 SH   SOLE   8,000 0 19,309
REALTY INCOME CORP COM 756109104   251,786,493 5,041,780 SH   SOLE   3,889,262 0 1,152,518
REGENCY CTRS CORP COM 758849103   221,783,182 3,731,211 SH   SOLE   2,864,479 0 866,732
REXFORD INDL RLTY INC COM 76169C100   44,237,192 896,397 SH   SOLE   685,298 0 211,099
SOUTHERN CO COM 842587107   659,756 10,194 SH   SOLE   2,994 0 7,200
SUN CMNTYS INC COM 866674104   104,406,412 882,258 SH   SOLE   681,717 0 200,541
TARGA RES CORP COM 87612G101   632,699 7,381 SH   SOLE   2,169 0 5,212
TERRENO RLTY CORP COM 88146M101   21,548,784 379,380 SH   SOLE   295,719 0 83,661
UNION PAC CORP COM 907818108   1,067,632 5,243 SH   SOLE   1,537 0 3,706
URBAN EDGE PPTYS COM 91704F104   70,094,490 4,593,348 SH   SOLE   3,606,401 0 986,947
VENTAS INC COM 92276F100   77,296,964 1,834,725 SH   SOLE   1,419,833 0 414,892
WELLTOWER INC COM 95040Q104   449,097,810 5,482,151 SH   SOLE   4,236,114 0 1,246,037