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 RLTY CORP COM 008492100   206,795 3,060 SH   SOLE   3,060 0 0
AIRBNB INC COM CL A 009066101   16,297,166 155,152 SH   SOLE   155,152 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   449,449 3,206 SH   SOLE   3,206 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   387,585 11,813 SH   SOLE   11,813 0 0
AMERICAN TOWER CORP NEW COM 03027X100   1,161,312 5,409 SH   SOLE   5,409 0 0
AVALONBAY CMNTYS INC COM 053484101   529,178 2,873 SH   SOLE   2,873 0 0
BOSTON PROPERTIES INC COM 101121101   292,908 3,907 SH   SOLE   3,907 0 0
BRIXMOR PPTY GROUP INC COM 11120U105   204,925 11,095 SH   SOLE   11,095 0 0
CROWN CASTLE INC COM 22822V101   1,617,659 11,191 SH   SOLE   11,191 0 0
DIGITAL RLTY TR INC COM 253868103   1,021,455 10,299 SH   SOLE   10,299 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   833,259 12,396 SH   SOLE   12,396 0 0
EXTRA SPACE STORAGE INC COM 30225T102   458,890 2,657 SH   SOLE   2,657 0 0
FIRST INDL RLTY TR INC COM 32054K103   219,793 4,905 SH   SOLE   4,905 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   388,494 16,950 SH   SOLE   16,950 0 0
HOST HOTELS & RESORTS INC COM 44107P104   347,121 21,859 SH   SOLE   21,859 0 0
INVITATION HOMES INC COM 46187W107   752,024 22,269 SH   SOLE   22,269 0 0
ISHARES TR MSCI SAUDI ARBIA 46434V423   4,755,959 115,999 SH   SOLE   115,999 0 0
LIFE STORAGE INC COM 53223X107   348,562 3,147 SH   SOLE   3,147 0 0
MACERICH CO COM 554382101   112,764 14,202 SH   SOLE   14,202 0 0
MID-AMER APT CMNTYS INC COM 59522J103   384,108 2,477 SH   SOLE   2,477 0 0
PARK HOTELS & RESORTS INC COM 700517105   163,315 14,504 SH   SOLE   14,504 0 0
PROLOGIS INC. COM 74340W103   1,307,998 12,874 SH   SOLE   12,874 0 0
PUBLIC STORAGE COM 74460D109   875,209 2,989 SH   SOLE   2,989 0 0
REALTY INCOME CORP COM 756109104   784,129 13,473 SH   SOLE   13,473 0 0
REXFORD INDL RLTY INC COM 76169C100   273,936 5,268 SH   SOLE   5,268 0 0
ROBLOX CORP CL A 771049103   4,993,946 139,340 SH   SOLE   139,340 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   416,158 1,462 SH   SOLE   1,462 0 0
SIMON PPTY GROUP INC NEW COM 828806109   924,964 10,306 SH   SOLE   10,306 0 0
SITE CTRS CORP COM 82981J109   137,281 12,818 SH   SOLE   12,818 0 0
SPDR SER TR S&P BIOTECH 78464A870   9,436,542 118,968 SH   SOLE   118,968 0 0
SPDR SER TR S&P METALS MNG 78464A755   53,634,957 1,262,296 SH   SOLE   1,262,296 0 0
SPDR SER TR S&P OILGAS EXP 78468R556   89,891,441 720,746 SH   SOLE   720,746 0 0
SUN CMNTYS INC COM 866674104   851,767 6,294 SH   SOLE   6,294 0 0
SURO CAPITAL CORP COM NEW 86887Q109   439,137 113,472 SH   SOLE   113,472 0 0
UDR INC COM 902653104   619,977 14,864 SH   SOLE   14,864 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553   187,714,528 2,341,456 SH   SOLE   2,341,456 0 0
VENTAS INC COM 92276F100   304,248 7,574 SH   SOLE   7,574 0 0
VICI PPTYS INC COM 925652109   758,250 25,402 SH   SOLE   25,402 0 0
WELLTOWER INC COM 95040Q104   732,026 11,381 SH   SOLE   11,381 0 0