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 Realty Corp COM 008492100   246,715,348 3,272,955 SH   DFND 1 3,272,955 0 0
Alexandria Real Estate Equitie COM 015271109   89,730,974 1,933,024 SH   DFND 1 1,933,024 0 0
American Healthcare REIT Inc COM 398182303   124,550,173 2,641,013 SH   DFND 1 2,641,013 0 0
American Homes 4 Rent COM 02665T306   158,566,670 5,679,322 SH   DFND 1 5,679,322 0 0
American Tower Corp COM 03027X100   54,387,897 315,146 SH   DFND 1 315,146 0 0
Americold Realty Trust Inc COM 03064D108   22,712,826 1,981,922 SH   DFND 1 1,981,922 0 0
Avalon Bay Communities COM 053484101   17,084,777 104,590 SH   DFND 1 104,590 0 0
Brixmor Property Group Inc COM 11120U105   303,587,914 10,541,247 SH   DFND 1 10,541,247 0 0
Broadstone Net Lease Inc COM 11135E203   45,809,796 2,507,378 SH   DFND 1 2,507,378 0 0
BXP Inc COM 101121101   740,094 14,260 SH   DFND 1 14,260 0 0
Camden Property Trust COM 133131102   245,426,612 2,513,072 SH   DFND 1 2,513,072 0 0
CBRE Group Inc - A COM 12504L109   1,602,492 11,830 SH   DFND 1 11,830 0 0
COPT Defense Properties COM 22002T108   1,591,200 52,000 SH   DFND 1 52,000 0 0
Corp Inmobiliaria Vesta SAB COM 92540K109   8,604,054 258,070 SH   DFND 1 258,070 0 0
Cousins Properties Inc COM 222795502   82,394,764 3,650,632 SH   DFND 1 3,650,632 0 0
Crown Castle Intl Corp COM 22822V101   32,516,682 399,910 SH   DFND 1 399,910 0 0
Cubesmart COM 229663109   54,708,408 1,492,726 SH   DFND 1 1,492,726 0 0
DiamondRock Hospitality Co COM 252784301   57,247,430 6,109,651 SH   DFND 1 6,109,651 0 0
Digital Realty Trust Inc COM 253868103   526,887,005 2,923,739 SH   DFND 1 2,923,739 0 0
Diversified Healthcare Trust COM 25525P107   18,910,361 2,847,946 SH   DFND 1 2,847,946 0 0
Douglas Emmett Inc COM 25960P109   374,445 39,750 SH   DFND 1 39,750 0 0
EastGroup Properties Inc COM 277276101   15,370,059 83,041 SH   DFND 1 83,041 0 0
Empire State Realty Trust COM 292104106   16,831,272 3,236,783 SH   DFND 1 3,236,783 0 0
Equinix Inc COM 29444U700   768,493,456 783,985 SH   DFND 1 783,985 0 0
Equity Lifestyle Properties COM 29472R108   134,410,921 2,153,331 SH   DFND 1 2,153,331 0 0
Equity Residential Properties COM 29476L107   68,320,202 1,155,033 SH   DFND 1 1,155,033 0 0
Essential Properties Realty COM 29670E107   430,201 14,170 SH   DFND 1 14,170 0 0
Essex Property Trust Inc COM 297178105   52,421,072 216,616 SH   DFND 1 216,616 0 0
Extra Space Storage Inc COM 30225T102   312,960,103 2,386,640 SH   DFND 1 2,386,640 0 0
Federal Realty Investment Trus COM 313745101   36,745,049 345,966 SH   DFND 1 345,966 0 0
First Industrial Realty Trust COM 32054K103   237,824,647 4,111,057 SH   DFND 1 4,111,057 0 0
Four Corners Property Trust COM 35086T109   334,411 14,140 SH   DFND 1 14,140 0 0
FrontView REIT Inc COM 35922N100   987,450 63,830 SH   DFND 1 63,830 0 0
Healthcare Realty Trust Inc COM 42226K105   103,214,131 6,074,993 SH   DFND 1 6,074,993 0 0
Healthpeak Properties Inc COM 42250P103   5,654,089 344,132 SH   DFND 1 344,132 0 0
Hilton Worldwide Holdings Inc COM 43300A203   7,824,282 25,731 SH   DFND 1 25,731 0 0
Host Hotels & Resorts Inc COM 44107P104   123,122,371 6,426,011 SH   DFND 1 6,426,011 0 0
Independence Realty Trust Inc COM 45378A106   23,693,921 1,591,264 SH   DFND 1 1,591,264 0 0
InvenTrust Properties Corp COM 46124J201   23,927,183 785,528 SH   DFND 1 785,528 0 0
Invitation Homes Inc COM 46187W107   176,739,164 7,112,240 SH   DFND 1 7,112,240 0 0
Iron Mountain Inc COM 46284V101   224,666,327 2,199,592 SH   DFND 1 2,199,592 0 0
Janus Living Inc COM 471024109   43,613,244 1,850,371 SH   DFND 1 1,850,371 0 0
Jones Lang LaSalle Inc COM 48020Q107   343,882 1,130 SH   DFND 1 1,130 0 0
Kilroy Realty Corporation COM 49427F108   1,988,551 70,491 SH   DFND 1 70,491 0 0
Kimco Realty Corp COM 49446R109   223,148,873 9,930,969 SH   DFND 1 9,930,969 0 0
Kite Realty Group Trust COM 49803T300   182,849,308 7,448,037 SH   DFND 1 7,448,037 0 0
Lamar Advertising Company COM 512816109   34,967,533 276,074 SH   DFND 1 276,074 0 0
Lineage Inc COM 53566V106   14,430,452 440,490 SH   DFND 1 440,490 0 0
LTC Properties Inc COM 502175102   240,054 6,460 SH   DFND 1 6,460 0 0
LXP Industrial Trust COM 529043408   55,634,126 1,202,640 SH   DFND 1 1,202,640 0 0
Macerich Company COM 554382101   130,465,075 6,902,914 SH   DFND 1 6,902,914 0 0
Mid-America Apartment Communit COM 59522J103   73,332,449 600,495 SH   DFND 1 600,495 0 0
National Health Investors COM 63633D104   37,481,198 463,532 SH   DFND 1 463,532 0 0
NetSTREIT Corp COM 64119V303   53,619,705 2,847,568 SH   DFND 1 2,847,568 0 0
NEXTERA ENERGY INC COM 65339F101   441,180 4,750 SH   DFND 1 4,750 0 0
Omega Healthcare Investors Inc COM 681936100   124,032,379 2,830,497 SH   DFND 1 2,830,497 0 0
Piedmont Office Realty Trust I COM 720190206   22,760,471 3,464,303 SH   DFND 1 3,464,303 0 0
Prologis Trust COM 74340W103   791,163,787 5,985,503 SH   DFND 1 5,985,503 0 0
Public Storage Inc COM 74460D109   313,243,194 1,156,391 SH   DFND 1 1,156,391 0 0
Realty Income Corp COM 756109104   232,550,747 3,801,091 SH   DFND 1 3,801,091 0 0
Regency Centers Corp COM 758849103   26,577,088 351,270 SH   DFND 1 351,270 0 0
Rexford Industrial Realty COM 76169C100   78,171,481 2,388,374 SH   DFND 1 2,388,374 0 0
Ryman Hospitality Properties COM 78377T107   45,676,879 495,035 SH   DFND 1 495,035 0 0
Sabra Health Care REIT Inc COM 78573L106   70,352,570 3,658,480 SH   DFND 1 3,658,480 0 0
SBA Communications Corp COM 78410G104   12,545,098 72,890 SH   DFND 1 72,890 0 0
Simon Property Group Inc COM 828806109   250,865,130 1,344,905 SH   DFND 1 1,344,905 0 0
SL Green Realty Corp COM 78440X887   37,343,052 1,010,911 SH   DFND 1 1,010,911 0 0
STAG Industrial COM 85254J102   5,329,668 147,800 SH   DFND 1 147,800 0 0
Sun Communities Inc COM 866674104   6,464,645 51,323 SH   DFND 1 51,323 0 0
Sunstone Hotel Investors Inc COM 867892101   11,892,533 1,319,926 SH   DFND 1 1,319,926 0 0
Terreno Realty Corp COM 88146M101   3,390,384 55,200 SH   DFND 1 55,200 0 0
UDR Inc COM 902653104   268,163,983 7,938,543 SH   DFND 1 7,938,543 0 0
Ventas Inc COM 92276F100   463,319,765 5,665,441 SH   DFND 1 5,665,441 0 0
VICI Properties Inc COM 925652109   122,649,315 4,489,360 SH   DFND 1 4,489,360 0 0
Vornado Realty Trust COM 929042109   84,387,893 3,246,937 SH   DFND 1 3,246,937 0 0
Welltower Inc COM 95040Q104   993,336,361 5,024,209 SH   DFND 1 5,024,209 0 0
Weyerhaeuser Co COM 962166104   8,177,918 334,749 SH   DFND 1 334,749 0 0
WP Carey Inc COM 92936U109   679,872 10,004 SH   DFND 1 10,004 0 0
Zillow Group Inc - A COM 98954M101   209,771 5,070 SH   DFND 1 5,070 0 0
Agree Realty Corp COM 008492100   6,242,218 82,810 SH   DFND 2 82,810 0 0
Alexandria Real Estate Equitie COM 015271109   2,230,713 48,055 SH   DFND 2 48,055 0 0
American Healthcare REIT Inc COM 398182303   3,472,862 73,640 SH   DFND 2 73,640 0 0
American Homes 4 Rent COM 02665T306   4,244,398 152,020 SH   DFND 2 152,020 0 0
American Tower Corp COM 03027X100   219,177 1,270 SH   DFND 2 1,270 0 0
Americold Realty Trust Inc COM 03064D108   593,743 51,810 SH   DFND 2 51,810 0 0
Brixmor Property Group Inc COM 11120U105   8,003,520 277,900 SH   DFND 2 277,900 0 0
Broadstone Net Lease Inc COM 11135E203   1,306,305 71,500 SH   DFND 2 71,500 0 0
Camden Property Trust COM 133131102   6,853,779 70,180 SH   DFND 2 70,180 0 0
Corp Inmobiliaria Vesta SAB COM 92540K109   1,318,264 39,540 SH   DFND 2 39,540 0 0
Cousins Properties Inc COM 222795502   2,372,400 105,113 SH   DFND 2 105,113 0 0
Crown Castle Intl Corp COM 22822V101   221,976 2,730 SH   DFND 2 2,730 0 0
Cubesmart COM 229663109   1,756,744 47,933 SH   DFND 2 47,933 0 0
DiamondRock Hospitality Co COM 252784301   1,595,645 170,293 SH   DFND 2 170,293 0 0
Digital Realty Trust Inc COM 253868103   13,384,197 74,270 SH   DFND 2 74,270 0 0
Diversified Healthcare Trust COM 25525P107   96,180 14,485 SH   DFND 2 14,485 0 0
Empire State Realty Trust COM 292104106   77,943 14,989 SH   DFND 2 14,989 0 0
Equinix Inc COM 29444U700   20,004,738 20,408 SH   DFND 2 20,408 0 0
Equity Lifestyle Properties COM 29472R108   3,282,668 52,590 SH   DFND 2 52,590 0 0
Extra Space Storage Inc COM 30225T102   7,772,075 59,270 SH   DFND 2 59,270 0 0
First Industrial Realty Trust COM 32054K103   5,974,748 103,280 SH   DFND 2 103,280 0 0
Healthcare Realty Trust Inc COM 42226K105   3,156,317 185,775 SH   DFND 2 185,775 0 0
Host Hotels & Resorts Inc COM 44107P104   3,929,716 205,100 SH   DFND 2 205,100 0 0
Invitation Homes Inc COM 46187W107   4,371,612 175,920 SH   DFND 2 175,920 0 0
Iron Mountain Inc COM 46284V101   5,995,924 58,703 SH   DFND 2 58,703 0 0
Janus Living Inc COM 471024109   1,578,506 66,971 SH   DFND 2 66,971 0 0
Kimco Realty Corp COM 49446R109   6,833,689 304,125 SH   DFND 2 304,125 0 0
Kite Realty Group Trust COM 49803T300   5,728,006 233,320 SH   DFND 2 233,320 0 0
Lineage Inc COM 53566V106   410,155 12,520 SH   DFND 2 12,520 0 0
LXP Industrial Trust COM 529043408   1,265,674 27,360 SH   DFND 2 27,360 0 0
Macerich Company COM 554382101   3,634,848 192,320 SH   DFND 2 192,320 0 0
Mid-America Apartment Communit COM 59522J103   1,301,799 10,660 SH   DFND 2 10,660 0 0
NetSTREIT Corp COM 64119V303   203,119 10,787 SH   DFND 2 10,787 0 0
Omega Healthcare Investors Inc COM 681936100   3,669,443 83,739 SH   DFND 2 83,739 0 0
Piedmont Office Realty Trust I COM 720190206   99,667 15,170 SH   DFND 2 15,170 0 0
Prologis Trust COM 74340W103   17,068,403 129,130 SH   DFND 2 129,130 0 0
Public Storage Inc COM 74460D109   6,958,907 25,690 SH   DFND 2 25,690 0 0
Realty Income Corp COM 756109104   5,274,328 86,210 SH   DFND 2 86,210 0 0
Rexford Industrial Realty COM 76169C100   1,553,366 47,460 SH   DFND 2 47,460 0 0
Ryman Hospitality Properties COM 78377T107   887,637 9,620 SH   DFND 2 9,620 0 0
Sabra Health Care REIT Inc COM 78573L106   2,210,296 114,940 SH   DFND 2 114,940 0 0
Simon Property Group Inc COM 828806109   5,502,635 29,500 SH   DFND 2 29,500 0 0
SL Green Realty Corp COM 78440X887   1,207,569 32,690 SH   DFND 2 32,690 0 0
UDR Inc COM 902653104   7,606,580 225,180 SH   DFND 2 225,180 0 0
Ventas Inc COM 92276F100   11,284,004 137,980 SH   DFND 2 137,980 0 0
VICI Properties Inc COM 925652109   3,201,904 117,200 SH   DFND 2 117,200 0 0
Vornado Realty Trust COM 929042109   2,453,976 94,420 SH   DFND 2 94,420 0 0
Welltower Inc COM 95040Q104   22,819,688 115,420 SH   DFND 2 115,420 0 0
Agree Realty Corp COM 008492100   5,563,798 73,810 SH   DFND 3 73,810 0 0
Alexandria Real Estate Equitie COM 015271109   2,033,799 43,813 SH   DFND 3 43,813 0 0
American Healthcare REIT Inc COM 398182303   3,150,288 66,800 SH   DFND 3 66,800 0 0
American Homes 4 Rent COM 02665T306   3,844,305 137,690 SH   DFND 3 137,690 0 0
Americold Realty Trust Inc COM 03064D108   502,865 43,880 SH   DFND 3 43,880 0 0
Brixmor Property Group Inc COM 11120U105   7,255,296 251,920 SH   DFND 3 251,920 0 0
Broadstone Net Lease Inc COM 11135E203   1,074,459 58,810 SH   DFND 3 58,810 0 0
Camden Property Trust COM 133131102   6,340,087 64,920 SH   DFND 3 64,920 0 0
Corp Inmobiliaria Vesta SAB COM 92540K109   1,348,603 40,450 SH   DFND 3 40,450 0 0
Cousins Properties Inc COM 222795502   2,245,489 99,490 SH   DFND 3 99,490 0 0
Cubesmart COM 229663109   1,629,276 44,455 SH   DFND 3 44,455 0 0
DiamondRock Hospitality Co COM 252784301   1,472,214 157,120 SH   DFND 3 157,120 0 0
Digital Realty Trust Inc COM 253868103   12,056,049 66,900 SH   DFND 3 66,900 0 0
Equinix Inc COM 29444U700   18,124,638 18,490 SH   DFND 3 18,490 0 0
Equity Lifestyle Properties COM 29472R108   3,023,001 48,430 SH   DFND 3 48,430 0 0
Extra Space Storage Inc COM 30225T102   6,986,606 53,280 SH   DFND 3 53,280 0 0
First Industrial Realty Trust COM 32054K103   5,393,356 93,230 SH   DFND 3 93,230 0 0
Healthcare Realty Trust Inc COM 42226K105   2,856,002 168,099 SH   DFND 3 168,099 0 0
Host Hotels & Resorts Inc COM 44107P104   3,610,510 188,440 SH   DFND 3 188,440 0 0
Invitation Homes Inc COM 46187W107   4,008,802 161,320 SH   DFND 3 161,320 0 0
Iron Mountain Inc COM 46284V101   5,285,745 51,750 SH   DFND 3 51,750 0 0
Janus Living Inc COM 471024109   1,476,849 62,658 SH   DFND 3 62,658 0 0
Kimco Realty Corp COM 49446R109   5,982,548 266,246 SH   DFND 3 266,246 0 0
Kite Realty Group Trust COM 49803T300   5,313,357 216,430 SH   DFND 3 216,430 0 0
Lineage Inc COM 53566V106   354,136 10,810 SH   DFND 3 10,810 0 0
LXP Industrial Trust COM 529043408   1,115,791 24,120 SH   DFND 3 24,120 0 0
Macerich Company COM 554382101   3,390,093 179,370 SH   DFND 3 179,370 0 0
Mid-America Apartment Communit COM 59522J103   1,101,522 9,020 SH   DFND 3 9,020 0 0
Omega Healthcare Investors Inc COM 681936100   3,311,390 75,568 SH   DFND 3 75,568 0 0
Prologis Trust COM 74340W103   14,999,786 113,480 SH   DFND 3 113,480 0 0
Public Storage Inc COM 74460D109   6,203,152 22,900 SH   DFND 3 22,900 0 0
Realty Income Corp COM 756109104   4,562,804 74,580 SH   DFND 3 74,580 0 0
Rexford Industrial Realty COM 76169C100   1,213,956 37,090 SH   DFND 3 37,090 0 0
Ryman Hospitality Properties COM 78377T107   708,634 7,680 SH   DFND 3 7,680 0 0
Sabra Health Care REIT Inc COM 78573L106   2,007,420 104,390 SH   DFND 3 104,390 0 0
Simon Property Group Inc COM 828806109   4,810,609 25,790 SH   DFND 3 25,790 0 0
SL Green Realty Corp COM 78440X887   1,121,129 30,350 SH   DFND 3 30,350 0 0
UDR Inc COM 902653104   6,967,801 206,270 SH   DFND 3 206,270 0 0
Ventas Inc COM 92276F100   10,230,678 125,100 SH   DFND 3 125,100 0 0
VICI Properties Inc COM 925652109   2,820,790 103,250 SH   DFND 3 103,250 0 0
Vornado Realty Trust COM 929042109   2,279,063 87,690 SH   DFND 3 87,690 0 0
Welltower Inc COM 95040Q104   20,379,947 103,080 SH   DFND 3 103,080 0 0