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
AMAZON COM INC COM 023135106   1,272,269 6,687 SH   DFND 2 6,687 0 0
AMAZON COM INC COM 023135106   30,464,622 160,121 SH   DFND 4 160,121 0 0
AMDOCS LTD SHS G02602103   2,052,620 22,433 SH   DFND 2 22,433 0 0
AMDOCS LTD SHS G02602103   49,789,453 544,147 SH   DFND 4 544,147 0 0
AMERICAN TOWER CORP NEW COM 03027X100   24,371,200 112,000 SH   DFND 1 112,000 0 0
APARTMENT INVT & MGMT CO CL A 03748R747   4,377,842 497,482 SH   DFND 3 497,482 0 0
APARTMENT INVT & MGMT CO CL A 03748R747   2,243,367 254,928 SH   DFND 2 254,928 0 0
APARTMENT INVT & MGMT CO CL A 03748R747   1,241,466 372,843 SH   DFND 4 372,843 0 0
ARISTA NETWORKS INC COM SHS 040413205   1,074,028 13,862 SH   DFND 2 13,862 0 0
ARISTA NETWORKS INC COM SHS 040413205   26,290,204 339,316 SH   DFND 4 339,316 0 0
AT&T INC COM 00206R102   1,962,915 69,410 SH   DFND 2 69,410 0 0
AT&T INC COM 00206R102   47,348,130 1,674,262 SH   DFND 4 1,674,262 0 0
BLOOM ENERGY CORP COM CL A 093712107   646,205 32,869 SH   DFND 2 32,869 0 0
BLOOM ENERGY CORP COM CL A 093712107   15,782,654 802,780 SH   DFND 4 802,780 0 0
BLUE OWL CAPITAL CORPORATION COM 69121K104   95,290 6,500 SH Put DFND 2 6,500 0 0
BLUE OWL CAPITAL CORPORATION COM 69121K104   146,600 10,000 SH Put DFND 4 10,000 0 0
BRAEMAR HOTELS & RESORTS INC NOTE 4.500% 6/0 10482BAB7   1,265,625 1,500,000 PRN   DFND 3 1,500,000 0 0
BRIDGE INVT GROUP HLDGS INC COM CL A 10806B100   2,337,625 244,011 SH   DFND 2 244,011 0 0
BRIDGE INVT GROUP HLDGS INC COM CL A 10806B100   3,443,244 359,420 SH   DFND 4 359,420 0 0
BROADCOM INC COM 11135F101   879,008 5,250 SH   DFND 2 5,250 0 0
BROADCOM INC COM 11135F101   21,548,577 128,702 SH   DFND 4 128,702 0 0
CAESARS ENTERTAINMENT INC NE COM 12769G100   100,000 4,000 SH Call DFND 2 4,000 0 0
CAESARS ENTERTAINMENT INC NE COM 12769G100   2,827,500 113,100 SH   DFND 4 113,100 0 0
CAESARS ENTERTAINMENT INC NE COM 12769G100   145,000 5,800 SH Call DFND 4 5,800 0 0
CAESARS ENTERTAINMENT INC NE COM 12769G100   1,922,500 76,900 SH   DFND 2 76,900 0 0
CBRE GROUP INC CL A 12504L109   5,021,952 38,400 SH   DFND 4 38,400 0 0
CBRE GROUP INC CL A 12504L109   3,406,819 26,050 SH   DFND 2 26,050 0 0
CIENA CORP COM NEW 171779309   1,098,315 18,175 SH   DFND 2 18,175 0 0
CIENA CORP COM NEW 171779309   26,401,262 436,890 SH   DFND 4 436,890 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106   545,961 491,857 SH   DFND 4 491,857 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106   368,494 331,976 SH   DFND 2 331,976 0 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302   29,735,350 485,000 SH   DFND 1 485,000 0 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302   25,974,534 423,659 SH   DFND 4 423,659 0 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302   4,072,149 66,419 SH   DFND 2 66,419 0 0
CROWN CASTLE INC COM 22822V101   48,779,640 468,000 SH   DFND 1 468,000 0 0
CROWN CASTLE INC COM 22822V101   4,904,022 47,050 SH   DFND 3 47,050 0 0
CROWN CASTLE INC COM 22822V101   1,876,766 18,006 SH   DFND 2 18,006 0 0
CROWN CASTLE INC COM 22822V101   3,012,247 28,900 SH   DFND 4 28,900 0 0
CROWN CASTLE INC COM 22822V101   1,480,066 14,200 SH Call DFND 2 14,200 0 0
CROWN CASTLE INC COM 22822V101   1,928,255 18,500 SH Call DFND 4 18,500 0 0
DIGITAL RLTY TR INC COM 253868103   60,181,800 420,000 SH   DFND 1 420,000 0 0
DISNEY WALT CO COM 254687106   999,436 10,126 SH   DFND 2 10,126 0 0
DISNEY WALT CO COM 254687106   24,463,880 247,861 SH   DFND 4 247,861 0 0
EASTGROUP PPTYS INC COM 277276101   2,518,945 14,300 SH   DFND 3 14,300 0 0
EASTGROUP PPTYS INC COM 277276101   1,902,420 10,800 SH   DFND 4 10,800 0 0
EASTGROUP PPTYS INC COM 277276101   1,303,510 7,400 SH   DFND 2 7,400 0 0
ELME COMMUNITIES SH BEN INT 939653101   2,523,644 145,037 SH   DFND 3 145,037 0 0
ELME COMMUNITIES SH BEN INT 939653101   966,710 78,934 SH   DFND 4 78,934 0 0
ELME COMMUNITIES SH BEN INT 939653101   1,296,126 74,490 SH   DFND 2 74,490 0 0
EPR PPTYS CONV PFD 9% SR E 26884U307   2,693,187 89,743 SH   DFND 3 89,743 0 0
EPR PPTYS PFD C CV 5.75% 26884U208   2,308,000 100,000 SH   DFND 3 100,000 0 0
EQUINIX INC COM 29444U700   99,880,375 122,500 SH   DFND 1 122,500 0 0
EQUINIX INC COM 29444U700   13,616,345 16,700 SH   DFND 3 16,700 0 0
EQUINIX INC COM 29444U700   8,932,159 10,955 SH   DFND 2 10,955 0 0
EQUINIX INC COM 29444U700   58,485,871 71,731 SH   DFND 4 71,731 0 0
GAMING & LEISURE PPTYS INC COM 36467J108   4,035,098 79,275 SH   DFND 3 79,275 0 0
GAMING & LEISURE PPTYS INC COM 36467J108   2,020,781 39,701 SH   DFND 2 39,701 0 0
GAMING & LEISURE PPTYS INC COM 36467J108   2,942,733 57,814 SH   DFND 4 57,814 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109   542,457 35,156 SH   DFND 2 35,156 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109   13,151,435 852,329 SH   DFND 4 852,329 0 0
HUDSON PAC PPTYS INC COM 444097109   1,208,173 409,550 SH   DFND 3 409,550 0 0
HUDSON PAC PPTYS INC COM 444097109   323,320 109,600 SH   DFND 4 109,600 0 0
HUDSON PAC PPTYS INC COM 444097109   609,323 206,550 SH   DFND 2 206,550 0 0
INDUSTRIAL LOGISTICS PPTYS T COM SHS BEN INT 456237106   1,048,866 304,903 SH   DFND 3 304,903 0 0
INDUSTRIAL LOGISTICS PPTYS T COM SHS BEN INT 456237106   520,548 151,322 SH   DFND 2 151,322 0 0
KIMCO RLTY CORP DP CV CL N 7.25% 49446R687   1,203,000 20,000 SH   DFND 3 20,000 0 0
KITE RLTY GROUP TR COM NEW 49803T300   6,382,161 285,300 SH   DFND 3 285,300 0 0
KITE RLTY GROUP TR COM NEW 49803T300   4,062,392 181,600 SH   DFND 4 181,600 0 0
KITE RLTY GROUP TR COM NEW 49803T300   3,210,095 143,500 SH   DFND 2 143,500 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109   1,284,646 9,838 SH   DFND 2 9,838 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109   30,606,386 234,388 SH   DFND 4 234,388 0 0
LUMENTUM HLDGS INC COM 55024U109   1,070,440 17,171 SH   DFND 2 17,171 0 0
LUMENTUM HLDGS INC COM 55024U109   25,961,868 416,456 SH   DFND 4 416,456 0 0
NETSTREIT CORP COM 64119V303   7,931,705 500,423 SH   DFND 3 500,423 0 0
NETSTREIT CORP COM 64119V303   4,015,898 253,369 SH   DFND 2 253,369 0 0
NETSTREIT CORP COM 64119V303   2,132,650 378,637 SH   DFND 4 378,637 0 0
NEXTNAV INC COMMON STOCK 65345N106   1,266,191 104,042 SH   DFND 4 104,042 0 0
NEXTNAV INC COMMON STOCK 65345N106   863,535 70,956 SH   DFND 2 70,956 0 0
NVIDIA CORPORATION COM 67066G104   890,125 8,213 SH   DFND 2 8,213 0 0
NVIDIA CORPORATION COM 67066G104   21,420,982 197,647 SH   DFND 4 197,647 0 0
OMEGA HEALTHCARE INVS INC COM 681936100   277,984 7,300 SH Put DFND 2 7,300 0 0
OMEGA HEALTHCARE INVS INC COM 681936100   361,760 9,500 SH Put DFND 4 9,500 0 0
OUTFRONT MEDIA INC COM NEW 69007J304   11,653,145 722,004 SH   DFND 3 722,004 0 0
OUTFRONT MEDIA INC COM NEW 69007J304   3,845,424 541,792 SH   DFND 4 541,792 0 0
OUTFRONT MEDIA INC COM NEW 69007J304   5,946,702 368,445 SH   DFND 2 368,445 0 0
PEBBLEBROOK HOTEL TR 6.3 CUM PFD SR F 70509V704   525,300 30,000 SH   DFND 3 30,000 0 0
PEBBLEBROOK HOTEL TR 6.375 PFD SER E 70509V605   343,000 20,000 SH   DFND 3 20,000 0 0
PROLOGIS INC. COM 74340W103   4,583,390 41,000 SH   DFND 3 41,000 0 0
PROLOGIS INC. COM 74340W103   3,141,300 28,100 SH   DFND 4 28,100 0 0
PROLOGIS INC. COM 74340W103   737,814 6,600 SH Call DFND 2 6,600 0 0
PROLOGIS INC. COM 74340W103   2,191,084 19,600 SH   DFND 2 19,600 0 0
PROLOGIS INC. COM 74340W103   1,106,721 9,900 SH Call DFND 4 9,900 0 0
QUANTA SVCS INC COM 74762E102   1,140,760 4,488 SH   DFND 2 4,488 0 0
QUANTA SVCS INC COM 74762E102   27,905,915 109,788 SH   DFND 4 109,788 0 0
REALTY INCOME CORP COM 756109104   701,921 12,100 SH Put DFND 2 12,100 0 0
REALTY INCOME CORP COM 756109104   1,664,887 28,700 SH Put DFND 4 28,700 0 0
ROGERS COMMUNICATIONS INC CL B 775109200   1,827,654 47,558 SH   DFND 2 47,558 0 0
ROGERS COMMUNICATIONS INC CL B 775109200   30,010,870 780,923 SH   DFND 4 780,923 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   2,514,600 27,500 SH   DFND 3 27,500 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   1,280,160 14,000 SH   DFND 2 14,000 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   1,883,664 20,600 SH   DFND 4 20,600 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   62,702,850 285,000 SH   DFND 1 285,000 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   6,688,304 30,400 SH   DFND 3 30,400 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   60,724,741 276,009 SH   DFND 4 276,009 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   5,708,599 25,947 SH   DFND 2 25,947 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103   1,057,203 12,445 SH   DFND 2 12,445 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103   25,458,580 299,689 SH   DFND 4 299,689 0 0
SIMON PPTY GROUP INC NEW COM 828806109   763,968 4,600 SH Put DFND 4 4,600 0 0
SIMON PPTY GROUP INC NEW COM 828806109   332,160 2,000 SH Put DFND 2 2,000 0 0
STARWOOD PPTY TR INC COM 85571B105   98,850 5,000 SH Put DFND 2 5,000 0 0
STARWOOD PPTY TR INC COM 85571B105   288,642 14,600 SH Put DFND 4 14,600 0 0
TELEFONAKTIEBOLAGET LM ERICS ADR B SEK 10 294821608   1,463,164 188,552 SH   DFND 2 188,552 0 0
TELEFONAKTIEBOLAGET LM ERICS ADR B SEK 10 294821608   35,545,728 4,580,635 SH   DFND 4 4,580,635 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829   670,202 17,300 SH Call DFND 2 17,300 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829   1,073,098 27,700 SH Call DFND 4 27,700 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829   8,083,101 208,650 SH   DFND 4 208,650 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829   5,557,253 143,450 SH   DFND 2 143,450 0 0
TERRENO RLTY CORP COM 88146M101   3,152,149 49,860 SH   DFND 3 49,860 0 0
TERRENO RLTY CORP COM 88146M101   2,384,595 37,719 SH   DFND 4 37,719 0 0
TERRENO RLTY CORP COM 88146M101   1,625,386 25,710 SH   DFND 2 25,710 0 0
TKO GROUP HOLDINGS INC CL A 87256C101   1,057,751 6,922 SH   DFND 2 6,922 0 0
TKO GROUP HOLDINGS INC CL A 87256C101   25,857,438 169,213 SH   DFND 4 169,213 0 0
UNITI GROUP INC COM 91325V108   3,129,386 620,910 SH   DFND 1 620,910 0 0
VERIS RESIDENTIAL INC COM 554489104   5,317,584 314,278 SH   DFND 3 314,278 0 0
VERIS RESIDENTIAL INC COM 554489104   2,180,182 230,533 SH   DFND 4 230,533 0 0
VERIS RESIDENTIAL INC COM 554489104   2,727,216 161,183 SH   DFND 2 161,183 0 0
VERTIV HOLDINGS CO COM CL A 92537N108   803,586 11,130 SH   DFND 2 11,130 0 0
VERTIV HOLDINGS CO COM CL A 92537N108   19,181,301 265,669 SH   DFND 4 265,669 0 0
WARNER MUSIC GROUP CORP COM CL A 934550203   1,120,261 35,734 SH   DFND 2 35,734 0 0
WARNER MUSIC GROUP CORP COM CL A 934550203   26,980,813 860,632 SH   DFND 4 860,632 0 0
WELLTOWER INC COM 95040Q104   1,118,433 7,300 SH Put DFND 4 7,300 0 0
WELLTOWER INC COM 95040Q104   582,198 3,800 SH Put DFND 2 3,800 0 0
WHITESTONE REIT COM 966084204   2,444,365 167,767 SH   DFND 3 167,767 0 0
WHITESTONE REIT COM 966084204   1,245,837 85,507 SH   DFND 2 85,507 0 0
WHITESTONE REIT COM 966084204   768,419 125,818 SH   DFND 4 125,818 0 0