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
Acadia Realty Trust COM 004239109   9,625,564 670,771 SH   DFND 1 670,771 0 0
Agree Realty Corp COM 008492100   171,240,244 3,099,932 SH   DFND 1 3,099,932 0 0
Alexandria Real Estate Equitie COM 015271109   123,371,048 1,232,478 SH   DFND 1 1,232,478 0 0
American Assets Trust COM 024013104   402,032 20,670 SH   DFND 1 20,670 0 0
American Homes 4 Rent COM 02665T306   118,770,659 3,525,398 SH   DFND 1 3,525,398 0 0
American Tower Corp COM 03027X100   119,739,498 728,121 SH   DFND 1 728,121 0 0
Americold Realty Trust Inc COM 03064D108   29,737,422 977,883 SH   DFND 1 977,883 0 0
Apartment Income REIT Corp COM 03750L109   1,893,852 61,689 SH   DFND 1 61,689 0 0
Apartment Investment and Manag COM 03748R747   529,720 77,900 SH   DFND 1 77,900 0 0
Avalon Bay Communities COM 053484101   192,356,872 1,120,047 SH   DFND 1 1,120,047 0 0
Boston Properties COM 101121101   70,273,657 1,181,467 SH   DFND 1 1,181,467 0 0
Brandywine Realty Trust COM 105368203   519,603 114,450 SH   DFND 1 114,450 0 0
Brixmor Property Group Inc COM 11120U105   121,524,079 5,848,127 SH   DFND 1 5,848,127 0 0
Broadstone Net Lease Inc COM 11135E203   63,519,156 4,441,899 SH   DFND 1 4,441,899 0 0
Camden Property Trust COM 133131102   5,052,464 53,420 SH   DFND 1 53,420 0 0
CareTrust REIT Inc COM 14174T107   52,099,951 2,541,461 SH   DFND 1 2,541,461 0 0
COPT Defense Properties COM 22002T108   2,418,745 101,500 SH   DFND 1 101,500 0 0
Corp Inmobiliaria Vesta SAB COM 92540K109   6,237,083 189,750 SH   DFND 1 189,750 0 0
Cousins Properties Inc COM 222795502   65,495,926 3,215,313 SH   DFND 1 3,215,313 0 0
Crown Castle Intl Corp COM 22822V101   8,137,293 88,420 SH   DFND 1 88,420 0 0
Cubesmart COM 229663109   4,654,033 122,057 SH   DFND 1 122,057 0 0
DiamondRock Hospitality Co COM 252784301   22,210,137 2,765,895 SH   DFND 1 2,765,895 0 0
Digital Realty Trust Inc COM 253868103   297,901,017 2,461,585 SH   DFND 1 2,461,585 0 0
DigitalBridge Group Inc COM 25401T603   1,056,031 60,070 SH   DFND 1 60,070 0 0
Douglas Emmett Inc COM 25960P109   52,452,341 4,110,685 SH   DFND 1 4,110,685 0 0
EastGroup Properties Inc COM 277276101   3,848,675 23,111 SH   DFND 1 23,111 0 0
Elme Communities COM 939653101   14,991,860 1,099,110 SH   DFND 1 1,099,110 0 0
Empire State Realty Trust COM 292104106   650,524 80,911 SH   DFND 1 80,911 0 0
Equinix Inc COM 29444U700   432,874,927 596,033 SH   DFND 1 596,033 0 0
Equity Lifestyle Properties COM 29472R108   6,379,282 100,130 SH   DFND 1 100,130 0 0
Equity Residential Properties COM 29476L107   238,675,407 4,065,328 SH   DFND 1 4,065,328 0 0
Essential Properties Realty COM 29670E107   271,283 12,542 SH   DFND 1 12,542 0 0
Essex Property Trust Inc COM 297178105   8,062,601 38,015 SH   DFND 1 38,015 0 0
Extra Space Storage Inc COM 30225T102   271,874,278 2,236,176 SH   DFND 1 2,236,176 0 0
Federal Realty Investment Trus COM 313745101   3,631,453 40,069 SH   DFND 1 40,069 0 0
First Industrial Realty Trust COM 32054K103   135,784,502 2,853,215 SH   DFND 1 2,853,215 0 0
Four Corners Property Trust COM 35086T109   295,837 13,332 SH   DFND 1 13,332 0 0
Healthcare Realty Trust Inc COM 42226K105   3,139,955 205,629 SH   DFND 1 205,629 0 0
Healthpeak Properties Inc COM 42250P103   128,057,750 6,974,823 SH   DFND 1 6,974,823 0 0
Highwoods Properties Inc COM 431284108   8,872,296 430,485 SH   DFND 1 430,485 0 0
Host Hotels & Resorts Inc COM 44107P104   101,588,000 6,321,593 SH   DFND 1 6,321,593 0 0
Hudson Pacific Properties COM 444097109   438,767 65,980 SH   DFND 1 65,980 0 0
IHS Holding Ltd COM G4701H109   666,000 120,000 SH   DFND 1 120,000 0 0
Independence Realty Trust Inc COM 45378A106   8,431,968 599,287 SH   DFND 1 599,287 0 0
Invitation Homes Inc COM 46187W107   192,380,483 6,070,700 SH   DFND 1 6,070,700 0 0
Iron Mountain Inc COM 46284V101   1,137,576 19,135 SH   DFND 1 19,135 0 0
JBG Smith Properties COM 46590V100   389,466 26,934 SH   DFND 1 26,934 0 0
Kilroy Realty Corporation COM 49427F108   62,070,787 1,963,644 SH   DFND 1 1,963,644 0 0
Kimco Realty Corp COM 49446R109   125,142,120 7,114,390 SH   DFND 1 7,114,390 0 0
Kite Realty Group Trust COM 49803T300   2,542,383 118,692 SH   DFND 1 118,692 0 0
Lamar Advertising Company COM 512816109   2,099,020 25,147 SH   DFND 1 25,147 0 0
LXP Industrial Trust COM 529043101   1,369,710 153,900 SH   DFND 1 153,900 0 0
Medical Properties Trust Inc COM 58463J304   45,548,130 8,357,455 SH   DFND 1 8,357,455 0 0
Mid-America Apartment Communit COM 59522J103   45,094,527 350,521 SH   DFND 1 350,521 0 0
NetSTREIT Corp COM 64119V303   415,986 26,700 SH   DFND 1 26,700 0 0
NEXTERA ENERGY INC COM 65339F101   1,059,865 18,500 SH   DFND 1 18,500 0 0
NNN REIT COM 637417106   9,289,543 262,862 SH   DFND 1 262,862 0 0
Omega Healthcare Investors Inc COM 681936100   63,861,451 1,925,858 SH   DFND 1 1,925,858 0 0
Outfront Media Inc COM 69007J106   4,783,310 473,595 SH   DFND 1 473,595 0 0
Phillips Edison & Company Inc COM 71844V201   2,079,480 62,000 SH   DFND 1 62,000 0 0
Physicians Realty Trust COM 71943U104   1,177,615 96,605 SH   DFND 1 96,605 0 0
Piedmont Office Realty Trust I COM 720190206   259,138 46,110 SH   DFND 1 46,110 0 0
Prologis Trust COM 74340W103   574,280,906 5,117,912 SH   DFND 1 5,117,912 0 0
Public Storage Inc COM 74460D109   211,049,479 800,886 SH   DFND 1 800,886 0 0
Realty Income Corp COM 756109104   228,468,808 4,574,866 SH   DFND 1 4,574,866 0 0
Regency Centers Corp COM 758849103   6,684,325 112,455 SH   DFND 1 112,455 0 0
Retail Opportunity Investments COM 76131N101   62,710,011 5,065,429 SH   DFND 1 5,065,429 0 0
Rexford Industrial Realty COM 76169C100   140,729,125 2,851,654 SH   DFND 1 2,851,654 0 0
RPT Realty COM 74971D101   40,861,793 3,869,488 SH   DFND 1 3,869,488 0 0
Saul Centers Inc COM 804395101   264,525 7,500 SH   DFND 1 7,500 0 0
SBA Communications Corp COM 78410G104   71,108,791 355,242 SH   DFND 1 355,242 0 0
Simon Property Group Inc COM 828806109   168,374,802 1,558,593 SH   DFND 1 1,558,593 0 0
Spirit Realty Capital COM 84860W300   2,590,394 77,256 SH   DFND 1 77,256 0 0
STAG Industrial COM 85254J102   3,303,642 95,730 SH   DFND 1 95,730 0 0
Sun Communities Inc COM 866674104   196,637,886 1,661,635 SH   DFND 1 1,661,635 0 0
Terreno Realty Corp COM 88146M101   1,738,875 30,614 SH   DFND 1 30,614 0 0
Tricon Residential Inc COM 89612W102   60,053,819 8,115,381 SH   DFND 1 8,115,381 0 0
UDR Inc COM 902653104   166,459,156 4,666,643 SH   DFND 1 4,666,643 0 0
UMH Properties Inc COM 903002103   395,364 28,200 SH   DFND 1 28,200 0 0
Urban Edge Properties COM 91704F104   24,831,591 1,627,234 SH   DFND 1 1,627,234 0 0
Ventas Inc COM 92276F100   216,016,814 5,127,387 SH   DFND 1 5,127,387 0 0
VICI Properties Inc COM 925652109   127,840,461 4,393,143 SH   DFND 1 4,393,143 0 0
Welltower Inc COM 95040Q104   281,602,867 3,437,535 SH   DFND 1 3,437,535 0 0
Weyerhaeuser Co COM 962166104   13,528,418 441,240 SH   DFND 1 441,240 0 0
WP Carey Inc COM 92936U109   6,986,541 129,189 SH   DFND 1 129,189 0 0
Xenia Hotels & Resorts Inc COM 984017103   49,541,544 4,205,564 SH   DFND 1 4,205,564 0 0
Acadia Realty Trust COM 004239109   4,476,239 311,933 SH   DFND 2 311,933 0 0
Agree Realty Corp COM 008492100   38,770,746 701,860 SH   DFND 2 701,860 0 0
Alexandria Real Estate Equitie COM 015271109   29,715,686 296,860 SH   DFND 2 296,860 0 0
American Homes 4 Rent COM 02665T306   26,723,582 793,220 SH   DFND 2 793,220 0 0
American Tower Corp COM 03027X100   14,272,616 86,790 SH   DFND 2 86,790 0 0
Americold Realty Trust Inc COM 03064D108   7,955,256 261,600 SH   DFND 2 261,600 0 0
Avalon Bay Communities COM 053484101   49,543,727 288,481 SH   DFND 2 288,481 0 0
Boston Properties COM 101121101   16,148,820 271,500 SH   DFND 2 271,500 0 0
Brixmor Property Group Inc COM 11120U105   26,218,957 1,261,740 SH   DFND 2 1,261,740 0 0
Broadstone Net Lease Inc COM 11135E203   17,542,096 1,226,720 SH   DFND 2 1,226,720 0 0
CareTrust REIT Inc COM 14174T107   12,260,640 598,080 SH   DFND 2 598,080 0 0
Cousins Properties Inc COM 222795502   16,686,900 819,190 SH   DFND 2 819,190 0 0
DiamondRock Hospitality Co COM 252784301   8,415,440 1,048,000 SH   DFND 2 1,048,000 0 0
Digital Realty Trust Inc COM 253868103   66,066,028 545,910 SH   DFND 2 545,910 0 0
Douglas Emmett Inc COM 25960P109   14,260,704 1,117,610 SH   DFND 2 1,117,610 0 0
Elme Communities COM 939653101   5,542,600 406,349 SH   DFND 2 406,349 0 0
Equinix Inc COM 29444U700   111,034,986 152,886 SH   DFND 2 152,886 0 0
Equity Residential Properties COM 29476L107   52,904,051 901,108 SH   DFND 2 901,108 0 0
Extra Space Storage Inc COM 30225T102   64,605,180 531,380 SH   DFND 2 531,380 0 0
First Industrial Realty Trust COM 32054K103   31,011,072 651,630 SH   DFND 2 651,630 0 0
Healthpeak Properties Inc COM 42250P103   34,695,259 1,889,720 SH   DFND 2 1,889,720 0 0
Highwoods Properties Inc COM 431284108   3,438,284 166,826 SH   DFND 2 166,826 0 0
Host Hotels & Resorts Inc COM 44107P104   27,169,388 1,690,690 SH   DFND 2 1,690,690 0 0
Independence Realty Trust Inc COM 45378A106   3,298,444 234,431 SH   DFND 2 234,431 0 0
Invitation Homes Inc COM 46187W107   39,471,796 1,245,560 SH   DFND 2 1,245,560 0 0
Kilroy Realty Corporation COM 49427F108   14,417,637 456,110 SH   DFND 2 456,110 0 0
Kimco Realty Corp COM 49446R109   32,322,680 1,837,560 SH   DFND 2 1,837,560 0 0
Medical Properties Trust Inc COM 58463J304   10,683,657 1,960,304 SH   DFND 2 1,960,304 0 0
Mid-America Apartment Communit COM 59522J103   11,631,247 90,410 SH   DFND 2 90,410 0 0
Omega Healthcare Investors Inc COM 681936100   18,900,868 569,990 SH   DFND 2 569,990 0 0
Outfront Media Inc COM 69007J106   2,616,557 259,065 SH   DFND 2 259,065 0 0
Prologis Trust COM 74340W103   137,255,160 1,223,199 SH   DFND 2 1,223,199 0 0
Public Storage Inc COM 74460D109   54,448,502 206,620 SH   DFND 2 206,620 0 0
Realty Income Corp COM 756109104   58,054,251 1,162,480 SH   DFND 2 1,162,480 0 0
Retail Opportunity Investments COM 76131N101   14,646,382 1,183,068 SH   DFND 2 1,183,068 0 0
Rexford Industrial Realty COM 76169C100   33,320,133 675,180 SH   DFND 2 675,180 0 0
RPT Realty COM 74971D101   11,141,138 1,055,032 SH   DFND 2 1,055,032 0 0
SBA Communications Corp COM 78410G104   6,625,627 33,100 SH   DFND 2 33,100 0 0
Simon Property Group Inc COM 828806109   41,894,034 387,800 SH   DFND 2 387,800 0 0
Sun Communities Inc COM 866674104   47,121,805 398,190 SH   DFND 2 398,190 0 0
Tricon Residential Inc COM 89612W102   15,845,990 2,141,350 SH   DFND 2 2,141,350 0 0
UDR Inc COM 902653104   36,629,059 1,026,887 SH   DFND 2 1,026,887 0 0
Urban Edge Properties COM 91704F104   9,119,315 597,596 SH   DFND 2 597,596 0 0
Ventas Inc COM 92276F100   49,209,947 1,168,050 SH   DFND 2 1,168,050 0 0
VICI Properties Inc COM 925652109   41,845,509 1,437,990 SH   DFND 2 1,437,990 0 0
Welltower Inc COM 95040Q104   68,063,232 830,850 SH   DFND 2 830,850 0 0
Xenia Hotels & Resorts Inc COM 984017103   11,010,047 934,639 SH   DFND 2 934,639 0 0
Agree Realty Corp COM 008492100   6,224,996 112,690 SH   DFND 3 112,690 0 0
Alexandria Real Estate Equitie COM 015271109   3,516,513 35,130 SH   DFND 3 35,130 0 0
American Homes 4 Rent COM 02665T306   3,184,143 94,513 SH   DFND 3 94,513 0 0
American Tower Corp COM 03027X100   5,810,019 35,330 SH   DFND 3 35,330 0 0
Americold Realty Trust Inc COM 03064D108   660,809 21,730 SH   DFND 3 21,730 0 0
Avalon Bay Communities COM 053484101   6,594,816 38,400 SH   DFND 3 38,400 0 0
Boston Properties COM 101121101   1,943,806 32,680 SH   DFND 3 32,680 0 0
Brixmor Property Group Inc COM 11120U105   3,579,563 172,260 SH   DFND 3 172,260 0 0
Broadstone Net Lease Inc COM 11135E203   2,428,998 169,860 SH   DFND 3 169,860 0 0
CareTrust REIT Inc COM 14174T107   1,891,740 92,280 SH   DFND 3 92,280 0 0
Corp Inmobiliaria Vesta SAB COM 92540K109   706,048 21,480 SH   DFND 3 21,480 0 0
Cousins Properties Inc COM 222795502   2,618,564 128,550 SH   DFND 3 128,550 0 0
DiamondRock Hospitality Co COM 252784301   216,168 26,920 SH   DFND 3 26,920 0 0
Digital Realty Trust Inc COM 253868103   8,863,505 73,240 SH   DFND 3 73,240 0 0
Douglas Emmett Inc COM 25960P109   2,010,402 157,555 SH   DFND 3 157,555 0 0
Elme Communities COM 939653101   153,627 11,263 SH   DFND 3 11,263 0 0
Equinix Inc COM 29444U700   13,799,666 19,001 SH   DFND 3 19,001 0 0
Equity Residential Properties COM 29476L107   7,358,946 125,344 SH   DFND 3 125,344 0 0
Extra Space Storage Inc COM 30225T102   9,286,037 76,378 SH   DFND 3 76,378 0 0
First Industrial Realty Trust COM 32054K103   4,211,715 88,500 SH   DFND 3 88,500 0 0
Healthpeak Properties Inc COM 42250P103   4,164,048 226,800 SH   DFND 3 226,800 0 0
Host Hotels & Resorts Inc COM 44107P104   3,452,318 214,830 SH   DFND 3 214,830 0 0
Invitation Homes Inc COM 46187W107   4,997,830 157,710 SH   DFND 3 157,710 0 0
Kilroy Realty Corporation COM 49427F108   1,609,581 50,920 SH   DFND 3 50,920 0 0
Kimco Realty Corp COM 49446R109   4,504,271 256,070 SH   DFND 3 256,070 0 0
Medical Properties Trust Inc COM 58463J304   1,765,304 323,909 SH   DFND 3 323,909 0 0
Omega Healthcare Investors Inc COM 681936100   2,158,384 65,090 SH   DFND 3 65,090 0 0
Prologis Trust COM 74340W103   16,055,007 143,080 SH   DFND 3 143,080 0 0
Public Storage Inc COM 74460D109   5,473,310 20,770 SH   DFND 3 20,770 0 0
Realty Income Corp COM 756109104   7,675,778 153,700 SH   DFND 3 153,700 0 0
Retail Opportunity Investments COM 76131N101   2,428,337 196,150 SH   DFND 3 196,150 0 0
Rexford Industrial Realty COM 76169C100   5,094,894 103,240 SH   DFND 3 103,240 0 0
RPT Realty COM 74971D101   1,746,254 165,365 SH   DFND 3 165,365 0 0
SBA Communications Corp COM 78410G104   2,099,783 10,490 SH   DFND 3 10,490 0 0
Simon Property Group Inc COM 828806109   4,603,158 42,610 SH   DFND 3 42,610 0 0
Sun Communities Inc COM 866674104   6,451,187 54,514 SH   DFND 3 54,514 0 0
Tricon Residential Inc COM 89612W102   442,742 59,830 SH   DFND 3 59,830 0 0
UDR Inc COM 902653104   4,934,588 138,340 SH   DFND 3 138,340 0 0
Urban Edge Properties COM 91704F104   311,335 20,402 SH   DFND 3 20,402 0 0
Ventas Inc COM 92276F100   7,272,059 172,610 SH   DFND 3 172,610 0 0
VICI Properties Inc COM 925652109   3,429,435 117,850 SH   DFND 3 117,850 0 0
Welltower Inc COM 95040Q104   8,885,862 108,470 SH   DFND 3 108,470 0 0
Weyerhaeuser Co COM 962166104   812,797 26,510 SH   DFND 3 26,510 0 0
Xenia Hotels & Resorts Inc COM 984017103   1,989,135 168,857 SH   DFND 3 168,857 0 0
Agree Realty Corp COM 008492100   6,256,482 113,260 SH   DFND 4 113,260 0 0
Alexandria Real Estate Equitie COM 015271109   3,541,538 35,380 SH   DFND 4 35,380 0 0
American Homes 4 Rent COM 02665T306   3,112,821 92,396 SH   DFND 4 92,396 0 0
American Tower Corp COM 03027X100   2,397,681 14,580 SH   DFND 4 14,580 0 0
Avalon Bay Communities COM 053484101   6,536,424 38,060 SH   DFND 4 38,060 0 0
Boston Properties COM 101121101   1,909,903 32,110 SH   DFND 4 32,110 0 0
Brixmor Property Group Inc COM 11120U105   3,524,288 169,600 SH   DFND 4 169,600 0 0
Broadstone Net Lease Inc COM 11135E203   2,373,228 165,960 SH   DFND 4 165,960 0 0
CareTrust REIT Inc COM 14174T107   1,883,950 91,900 SH   DFND 4 91,900 0 0
Corp Inmobiliaria Vesta SAB COM 92540K109   866,782 26,370 SH   DFND 4 26,370 0 0
Cousins Properties Inc COM 222795502   2,706,766 132,880 SH   DFND 4 132,880 0 0
Digital Realty Trust Inc COM 253868103   8,825,989 72,930 SH   DFND 4 72,930 0 0
Douglas Emmett Inc COM 25960P109   1,993,367 156,220 SH   DFND 4 156,220 0 0
Equinix Inc COM 29444U700   13,477,207 18,557 SH   DFND 4 18,557 0 0
Equity Residential Properties COM 29476L107   7,388,947 125,855 SH   DFND 4 125,855 0 0
Extra Space Storage Inc COM 30225T102   9,216,980 75,810 SH   DFND 4 75,810 0 0
First Industrial Realty Trust COM 32054K103   4,210,763 88,480 SH   DFND 4 88,480 0 0
Healthpeak Properties Inc COM 42250P103   3,878,366 211,240 SH   DFND 4 211,240 0 0
Host Hotels & Resorts Inc COM 44107P104   3,375,664 210,060 SH   DFND 4 210,060 0 0
Invitation Homes Inc COM 46187W107   4,927,478 155,490 SH   DFND 4 155,490 0 0
Kilroy Realty Corporation COM 49427F108   1,580,500 50,000 SH   DFND 4 50,000 0 0
Kimco Realty Corp COM 49446R109   4,386,418 249,370 SH   DFND 4 249,370 0 0
Medical Properties Trust Inc COM 58463J304   1,814,959 333,020 SH   DFND 4 333,020 0 0
Omega Healthcare Investors Inc COM 681936100   2,099,691 63,320 SH   DFND 4 63,320 0 0
Prologis Trust COM 74340W103   15,435,608 137,560 SH   DFND 4 137,560 0 0
Public Storage Inc COM 74460D109   5,220,331 19,810 SH   DFND 4 19,810 0 0
Realty Income Corp COM 756109104   8,029,353 160,780 SH   DFND 4 160,780 0 0
Retail Opportunity Investments COM 76131N101   2,447,031 197,660 SH   DFND 4 197,660 0 0
Rexford Industrial Realty COM 76169C100   4,971,026 100,730 SH   DFND 4 100,730 0 0
RPT Realty COM 74971D101   1,836,152 173,878 SH   DFND 4 173,878 0 0
SBA Communications Corp COM 78410G104   572,486 2,860 SH   DFND 4 2,860 0 0
Simon Property Group Inc COM 828806109   4,438,953 41,090 SH   DFND 4 41,090 0 0
Sun Communities Inc COM 866674104   6,403,377 54,110 SH   DFND 4 54,110 0 0
UDR Inc COM 902653104   4,996,047 140,063 SH   DFND 4 140,063 0 0
Ventas Inc COM 92276F100   7,273,745 172,650 SH   DFND 4 172,650 0 0
VICI Properties Inc COM 925652109   2,982,750 102,500 SH   DFND 4 102,500 0 0
Welltower Inc COM 95040Q104   8,754,790 106,870 SH   DFND 4 106,870 0 0
Xenia Hotels & Resorts Inc COM 984017103   2,087,663 177,221 SH   DFND 4 177,221 0 0