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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AGNC Investment CorpCommon Equities00123Q10458739,094SH SOLE 39,09400
AT&T IncCommon Equities00206R10222,103898,500SH SOLE 898,50000
AbbVie IncCommon Equities00287Y10910,98781,150SH SOLE 81,15000
Adobe Systems IncCommon Equities00724F1013,4956,164SH SOLE 6,16400
Alexandria Real Estate Equities IncCommon Equities0152711093,54715,909SH SOLE 15,90900
Alphabet IncCommon Equities02079K30521,8617,546SH SOLE 7,54600
Amazon.com IncCommon Equities02313510623,5807,072SH SOLE 7,07200
Ameren CorpCommon Equities0236081022,52728,400SH SOLE 28,40000
American Campus Communities IncCommon Equities0248351004,92886,029SH SOLE 86,02900
American Electric Power Co IncCommon Equities0255371015,05356,800SH SOLE 56,80000
American Homes 4 RentCommon Equities02665T3061,40132,135SH SOLE 32,13500
American Tower CorpCommon Equities03027X10017,81160,895SH SOLE 60,89500
American Water Works Co IncCommon Equities0304201033,77720,000SH SOLE 20,00000
Americold Realty TrustCommon Equities03064D10896029,285SH SOLE 29,28500
Annaly Capital Management IncCommon Equities035710409840107,458SH SOLE 107,45800
Apartment Income REIT CorpCommon Equities03750L10999218,163SH SOLE 18,16300
Apple IncCommon Equities03783310036,784207,154SH SOLE 207,15400
AvalonBay Communities IncCommon Equities0534841014,05916,070SH SOLE 16,07000
Avantor IncCommon Equities05352A1001,27630,300SH SOLE 30,30000
Blackstone Mortgage Trust IncCommon Equities09257W10035711,663SH SOLE 11,66300
Boston Properties IncCommon Equities1011211011,95416,972SH SOLE 16,97200
Boston Scientific CorpCommon Equities1011371078,592202,272SH SOLE 202,27200
Brixmor Property Group IncCommon Equities11120U10589535,253SH SOLE 35,25300
Broadcom IncCommon Equities11135F1013,9755,975SH SOLE 5,97500
CBRE Group IncCommon Equities12504L1092,70824,964SH SOLE 24,96400
CSX CorpCommon Equities1264081032,43564,780SH SOLE 64,78000
Camden Property TrustCommon Equities1331311024,89227,379SH SOLE 27,37900
Chevron CorpCommon Equities1667641006,95459,265SH SOLE 59,26500
Chubb LtdCommon EquitiesH1467J10435,564183,978SH SOLE 183,97800
Cisco Systems IncCommon Equities17275R10215,489244,426SH SOLE 244,42600
CoStar Group IncCommon Equities22160N1092,32129,371SH SOLE 29,37100
Comcast CorpCommon Equities20030N10110,467207,987SH SOLE 207,98700
Consolidated Edison IncCommon Equities2091151043,14836,900SH SOLE 36,90000
Consumer Staples Select Sector SPDR FundExchange Traded Fund81369Y30811,157144,700SH SOLE 144,70000
Corporate Office Properties TrustCommon Equities22002T1082348,389SH SOLE 8,38900
Cousins Properties IncCommon Equities22279550244411,037SH SOLE 11,03700
Crown Castle International CorpCommon Equities22822V10112,63260,517SH SOLE 60,51700
CubeSmartCommon Equities2296631091,33223,419SH SOLE 23,41900
CyrusOne IncCommon Equities23283R1001,24813,918SH SOLE 13,91800
DTE Energy CoCommon Equities2333311072,57021,500SH SOLE 21,50000
Digital Realty Trust IncCommon Equities25386810332,261182,402SH SOLE 182,40200
Dominion Energy IncCommon Equities25746U10914,817188,615SH SOLE 188,61500
Douglas Emmett IncCommon Equities25960P1091,73951,918SH SOLE 51,91800
DraftKings IncCommon Equities26142R1042,30183,772SH SOLE 83,77200
Duke Energy CorpCommon Equities26441C20418,181173,320SH SOLE 173,32000
Duke Realty CorpCommon Equities2644115052,78542,438SH SOLE 42,43800
EastGroup Properties IncCommon Equities2772761011,0234,492SH SOLE 4,49200
Edison InternationalCommon Equities2810201072,92742,900SH SOLE 42,90000
Edwards Lifesciences CorpCommon Equities28176E1087,77760,036SH SOLE 60,03600
Entergy CorpCommon Equities29364G1032,47822,000SH SOLE 22,00000
Equinix IncCommon Equities29444U70010,38612,280SH SOLE 12,28000
Equity CommonwealthCommon Equities2946281022359,096SH SOLE 9,09600
Equity LifeStyle Properties IncCommon Equities29472R1084,39350,115SH SOLE 50,11500
Equity ResidentialCommon Equities29476L1073,60439,828SH SOLE 39,82800
Essex Property Trust IncCommon Equities2971781052,6527,531SH SOLE 7,53100
Eversource EnergyCommon Equities30040W1083,37537,100SH SOLE 37,10000
Exelon CorpCommon Equities30161N1016,567113,700SH SOLE 113,70000
Extra Space Storage IncCommon Equities30225T1023,43315,145SH SOLE 15,14500
Exxon Mobil CorpCommon Equities30231G1029,501155,273SH SOLE 155,27300
Meta Platforms IncCommon Equities30303M1027,83123,284SH SOLE 23,28400
Federal Realty Investment TrustCommon Equities3137472061,1178,195SH SOLE 8,19500
First Industrial Realty Trust IncCommon Equities32054K10397814,781SH SOLE 14,78100
FirstEnergy CorpCommon Equities3379321072,54961,300SH SOLE 61,30000
Fortis Inc/CanadaCommon Equities3495531072,56053,000SH SOLE 53,00000
Gaming and Leisure Properties IncCommon Equities36467J1081,28826,475SH SOLE 26,47500
Healthcare Realty Trust IncCommon Equities42194610434310,855SH SOLE 10,85500
Healthcare Trust of America IncCommon Equities42225P50185325,552SH SOLE 25,55200
Healthpeak Properties IncCommon Equities42250P1032,25162,384SH SOLE 62,38400
Highwoods Properties IncCommon Equities4312841083467,782SH SOLE 7,78200
Honeywell International IncCommon Equities43851610614,28968,530SH SOLE 68,53000
Host Hotels & Resorts IncCommon Equities44107P1041,51887,301SH SOLE 87,30100
Howard Hughes Corp/TheCommon Equities44267D1073143,093SH SOLE 3,09300
Hudson Pacific Properties IncCommon Equities44409710927911,320SH SOLE 11,32000
Invesco BuyBack Achievers ETFExchange Traded Fund46137V3085,55857,600SH SOLE 57,60000
Invesco DB Commodity Index Tracking FundExchange Traded Fund46138B10338,7811,866,300SH SOLE 1,866,30000
Invesco S&P 500 GARP ETFExchange Traded Fund46137V43111,459118,100SH SOLE 118,10000
Invesco S&P 500 High Dividend Low Volatility ETFExchange Traded Fund46138E3625,005110,550SH SOLE 110,55000
Invesco S&P 500 Low Volatility ETFExchange Traded Fund46138E35411,770171,500SH SOLE 171,50000
Invesco S&P 500 Pure Growth ETFExchange Traded Fund46137V2666,43030,500SH SOLE 30,50000
Invesco S&P 500 Pure Value ETFExchange Traded Fund46137V2584,93061,000SH SOLE 61,00000
Invesco S&P 500 Quality ETFExchange Traded Fund46137V2415,23098,300SH SOLE 98,30000
Invitation Homes IncCommon Equities46187W1072,98165,754SH SOLE 65,75400
Iron Mountain IncCommon Equities46284V1011,74933,428SH SOLE 33,42800
JBG SMITH PropertiesCommon Equities46590V1002488,672SH SOLE 8,67200
JPMorgan Chase & CoCommon Equities46625H10018,815118,820SH SOLE 118,82000
Jones Lang LaSalle IncCommon Equities48020Q1071,0183,780SH SOLE 3,78000
Kilroy Realty CorpCommon Equities49427F10882912,482SH SOLE 12,48200
Kimco Realty CorpCommon Equities49446R1091,75871,343SH SOLE 71,34300
L3Harris Technologies IncCommon Equities50243110919,45091,215SH SOLE 91,21500
Lamar Advertising CoCommon Equities5128161091,24510,268SH SOLE 10,26800
LXP Industrial TrustCommon Equities52904310132320,719SH SOLE 20,71900
Life Storage IncCommon Equities53223X1071,3518,822SH SOLE 8,82200
Linde PLCCommon EquitiesG5494J10311,96334,535SH SOLE 34,53500
M&T Bank CorpCommon Equities55261F1044,33028,200SH SOLE 28,20000
Marriott International Inc/MDCommon Equities57190320212,27774,300SH SOLE 74,30000
Martin Marietta Materials IncCommon Equities5732841062,2465,100SH SOLE 5,10000
Mastercard IncCommon Equities57636Q10418,34451,052SH SOLE 51,05200
Medical Properties Trust IncCommon Equities58463J3041,61268,228SH SOLE 68,22800
Microsoft CorpCommon Equities59491810430,08389,450SH SOLE 89,45000
Mid-America Apartment Communities IncCommon Equities59522J1032,98913,031SH SOLE 13,03100
NVIDIA CorpCommon Equities67066G1049,46432,180SH SOLE 32,18000
National Retail Properties IncCommon Equities6374171062,67455,638SH SOLE 55,63800
National Storage Affiliates TrustCommon Equities6378701064186,044SH SOLE 6,04400
New Residential Investment CorpCommon Equities64828T20137034,606SH SOLE 34,60600
NextEra Energy IncCommon Equities65339F10119,726211,300SH SOLE 211,30000
Omega Healthcare Investors IncCommon Equities68193610082928,028SH SOLE 28,02800
Opendoor Technologies IncCommon Equities68371210341328,279SH SOLE 28,27900
Oracle CorpCommon Equities68389X1053,33238,207SH SOLE 38,20700
PG&E CorpCommon Equities69331C1082,122174,800SH SOLE 174,80000
PPL CorpCommon Equities69351T1062,65788,400SH SOLE 88,40000
PS Business Parks IncCommon Equities69360J1072751,496SH SOLE 1,49600
PepsiCo IncCommon Equities7134481089,72956,010SH SOLE 56,01000
Physicians Realty TrustCommon Equities71943U10430316,131SH SOLE 16,13100
PotlatchDeltic CorpCommon Equities7376301033004,993SH SOLE 4,99300
Procter & Gamble Co/TheCommon Equities74271810914,94991,392SH SOLE 91,39200
Prologis IncCommon Equities74340W10317,865106,116SH SOLE 106,11600
Public Service Enterprise Group IncCommon Equities7445731063,75056,200SH SOLE 56,20000
Public StorageCommon Equities74460D1098,36722,340SH SOLE 22,34000
Rayonier IncCommon Equities75490710342510,531SH SOLE 10,53100
Realty Income CorpCommon Equities7561091045,79480,945SH SOLE 80,94500
Redfin CorpCommon Equities75737F1082987,782SH SOLE 7,78200
Regency Centers CorpCommon Equities7588491031,36018,060SH SOLE 18,06000
Rexford Industrial Realty IncCommon Equities76169C1001,25115,428SH SOLE 15,42800
Rogers Communications IncCommon Equities7751092001,87839,400SH SOLE 39,40000
SBA Communications CorpCommon Equities78410G1044,84112,446SH SOLE 12,44600
SL Green Realty CorpCommon Equities78440X8041,43420,013SH SOLE 20,01300
SPDR Portfolio Long Term Treasury ETFExchange Traded Fund78464A66419,810470,000SH SOLE 470,00000
SPDR S&P 500 ETF TrustExchange Traded Fund78462F10375,993160,000SH SOLE 160,00000
STAG Industrial IncCommon Equities85254J10287818,327SH SOLE 18,32700
STORE Capital CorpCommon Equities86212110098228,552SH SOLE 28,55200
Sabra Health Care REIT IncCommon Equities78573L10622316,474SH SOLE 16,47400
Sempra EnergyCommon Equities8168511094,74835,900SH SOLE 35,90000
Simon Property Group IncCommon Equities8288061097,94649,739SH SOLE 49,73900
Southern Co/TheCommon Equities8425871078,078117,800SH SOLE 117,80000
Spirit Realty Capital IncCommon Equities84860W3004258,834SH SOLE 8,83400
Starwood Property Trust IncCommon Equities85571B10552021,407SH SOLE 21,40700
Sun Communities IncCommon Equities8666741042,77313,211SH SOLE 13,21100
T-Mobile US IncCommon Equities8725901047,68966,300SH SOLE 66,30000
Texas Instruments IncCommon Equities88250810413,13069,670SH SOLE 69,67000
Thermo Fisher Scientific IncCommon Equities88355610218,36327,522SH SOLE 27,52200
Truist Financial CorpEquity89832Q10912,998222,000SH SOLE 222,00000
UDR IncCommon Equities9026531041,94732,460SH SOLE 32,46000
United Parcel Service IncCommon Equities9113121064,56421,296SH SOLE 21,29600
UnitedHealth Group IncCommon Equities91324P10220,35040,527SH SOLE 40,52700
Utilities Select Sector SPDR FundExchange Traded Fund81369Y88611,434159,750SH SOLE 159,75000
VICI Properties IncCommon Equities9256521092,19873,023SH SOLE 73,02300
Vanguard FTSE Developed Markets ETFExchange Traded Fund92194385866,3781,300,000SH SOLE 1,300,00000
Vanguard FTSE Europe ETFExchange Traded Fund92204287428,483417,400SH SOLE 417,40000
Vanguard Long-Term Treasury ETFExchange Traded Fund92206C84760,179673,000SH SOLE 673,00000
Vanguard Russell 2000 ETFExchange Traded Fund92206C66413,291148,000SH SOLE 148,00000
Vanguard S&P 500 ETFExchange Traded Fund922908363101,240231,900SH SOLE 231,90000
Vanguard S&P Mid-Cap 400 ETFExchange Traded Fund921932885116,815610,000SH SOLE 610,00000
Vanguard Total Bond Market ETFExchange Traded Fund921937835177,1272,090,000SH SOLE 2,090,00000
Ventas IncCommon Equities92276F1002,45147,950SH SOLE 47,95000
Verizon Communications IncCommon Equities92343V10442,703821,850SH SOLE 821,85000
Visa IncCommon Equities92826C83918,95887,483SH SOLE 87,48300
Vornado Realty TrustCommon Equities92904210981319,445SH SOLE 19,44500
WEC Energy Group IncCommon Equities92939U1063,35834,600SH SOLE 34,60000
WP Carey IncCommon Equities92936U1091,72321,005SH SOLE 21,00500
Walmart IncCommon Equities93114210311,23377,640SH SOLE 77,64000
Walt Disney Co/TheCommon Equities2546871067,08145,721SH SOLE 45,72100
Wells Fargo & CoCommon Equities9497461012,11144,000SH SOLE 44,00000
Welltower IncCommon Equities95040Q1044,29850,113SH SOLE 50,11300
Weyerhaeuser CoCommon Equities9621661043,51485,350SH SOLE 85,35000
Xcel Energy IncCommon Equities98389B1004,02859,500SH SOLE 59,50000
iShares Broad USD High Yield Corporate Bond ETFExchange Traded Fund46435U8531,23530,000SH SOLE 30,00000
iShares Core MSCI EAFE ETFExchange Traded Fund46432F8424,10555,000SH SOLE 55,00000
iShares Core MSCI Emerging Markets ETFExchange Traded Fund46434G103110,3751,843,900SH SOLE 1,843,90000
iShares Core S&P Mid-Cap ETFExchange Traded Fund4642875075,87320,750SH SOLE 20,75000
iShares Core U.S. Aggregate Bond ETFExchange Traded Fund4642872267,41565,000SH SOLE 65,00000
iShares MSCI Canada ETFExchange Traded Fund46428650924,026625,200SH SOLE 625,20000
iShares MSCI Japan ETFExchange Traded Fund46434G82219,666293,700SH SOLE 293,70000
salesforce.com IncCommon Equities79466L30214,22755,986SH SOLE 55,98600