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
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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGNC Investment Corp Common Equities 00123Q104 587 39,094 SH   SOLE   39,094 0 0
AT&T Inc Common Equities 00206R102 22,103 898,500 SH   SOLE   898,500 0 0
AbbVie Inc Common Equities 00287Y109 10,987 81,150 SH   SOLE   81,150 0 0
Adobe Systems Inc Common Equities 00724F101 3,495 6,164 SH   SOLE   6,164 0 0
Alexandria Real Estate Equities Inc Common Equities 015271109 3,547 15,909 SH   SOLE   15,909 0 0
Alphabet Inc Common Equities 02079K305 21,861 7,546 SH   SOLE   7,546 0 0
Amazon.com Inc Common Equities 023135106 23,580 7,072 SH   SOLE   7,072 0 0
Ameren Corp Common Equities 023608102 2,527 28,400 SH   SOLE   28,400 0 0
American Campus Communities Inc Common Equities 024835100 4,928 86,029 SH   SOLE   86,029 0 0
American Electric Power Co Inc Common Equities 025537101 5,053 56,800 SH   SOLE   56,800 0 0
American Homes 4 Rent Common Equities 02665T306 1,401 32,135 SH   SOLE   32,135 0 0
American Tower Corp Common Equities 03027X100 17,811 60,895 SH   SOLE   60,895 0 0
American Water Works Co Inc Common Equities 030420103 3,777 20,000 SH   SOLE   20,000 0 0
Americold Realty Trust Common Equities 03064D108 960 29,285 SH   SOLE   29,285 0 0
Annaly Capital Management Inc Common Equities 035710409 840 107,458 SH   SOLE   107,458 0 0
Apartment Income REIT Corp Common Equities 03750L109 992 18,163 SH   SOLE   18,163 0 0
Apple Inc Common Equities 037833100 36,784 207,154 SH   SOLE   207,154 0 0
AvalonBay Communities Inc Common Equities 053484101 4,059 16,070 SH   SOLE   16,070 0 0
Avantor Inc Common Equities 05352A100 1,276 30,300 SH   SOLE   30,300 0 0
Blackstone Mortgage Trust Inc Common Equities 09257W100 357 11,663 SH   SOLE   11,663 0 0
Boston Properties Inc Common Equities 101121101 1,954 16,972 SH   SOLE   16,972 0 0
Boston Scientific Corp Common Equities 101137107 8,592 202,272 SH   SOLE   202,272 0 0
Brixmor Property Group Inc Common Equities 11120U105 895 35,253 SH   SOLE   35,253 0 0
Broadcom Inc Common Equities 11135F101 3,975 5,975 SH   SOLE   5,975 0 0
CBRE Group Inc Common Equities 12504L109 2,708 24,964 SH   SOLE   24,964 0 0
CSX Corp Common Equities 126408103 2,435 64,780 SH   SOLE   64,780 0 0
Camden Property Trust Common Equities 133131102 4,892 27,379 SH   SOLE   27,379 0 0
Chevron Corp Common Equities 166764100 6,954 59,265 SH   SOLE   59,265 0 0
Chubb Ltd Common Equities H1467J104 35,564 183,978 SH   SOLE   183,978 0 0
Cisco Systems Inc Common Equities 17275R102 15,489 244,426 SH   SOLE   244,426 0 0
CoStar Group Inc Common Equities 22160N109 2,321 29,371 SH   SOLE   29,371 0 0
Comcast Corp Common Equities 20030N101 10,467 207,987 SH   SOLE   207,987 0 0
Consolidated Edison Inc Common Equities 209115104 3,148 36,900 SH   SOLE   36,900 0 0
Consumer Staples Select Sector SPDR Fund Exchange Traded Fund 81369Y308 11,157 144,700 SH   SOLE   144,700 0 0
Corporate Office Properties Trust Common Equities 22002T108 234 8,389 SH   SOLE   8,389 0 0
Cousins Properties Inc Common Equities 222795502 444 11,037 SH   SOLE   11,037 0 0
Crown Castle International Corp Common Equities 22822V101 12,632 60,517 SH   SOLE   60,517 0 0
CubeSmart Common Equities 229663109 1,332 23,419 SH   SOLE   23,419 0 0
CyrusOne Inc Common Equities 23283R100 1,248 13,918 SH   SOLE   13,918 0 0
DTE Energy Co Common Equities 233331107 2,570 21,500 SH   SOLE   21,500 0 0
Digital Realty Trust Inc Common Equities 253868103 32,261 182,402 SH   SOLE   182,402 0 0
Dominion Energy Inc Common Equities 25746U109 14,817 188,615 SH   SOLE   188,615 0 0
Douglas Emmett Inc Common Equities 25960P109 1,739 51,918 SH   SOLE   51,918 0 0
DraftKings Inc Common Equities 26142R104 2,301 83,772 SH   SOLE   83,772 0 0
Duke Energy Corp Common Equities 26441C204 18,181 173,320 SH   SOLE   173,320 0 0
Duke Realty Corp Common Equities 264411505 2,785 42,438 SH   SOLE   42,438 0 0
EastGroup Properties Inc Common Equities 277276101 1,023 4,492 SH   SOLE   4,492 0 0
Edison International Common Equities 281020107 2,927 42,900 SH   SOLE   42,900 0 0
Edwards Lifesciences Corp Common Equities 28176E108 7,777 60,036 SH   SOLE   60,036 0 0
Entergy Corp Common Equities 29364G103 2,478 22,000 SH   SOLE   22,000 0 0
Equinix Inc Common Equities 29444U700 10,386 12,280 SH   SOLE   12,280 0 0
Equity Commonwealth Common Equities 294628102 235 9,096 SH   SOLE   9,096 0 0
Equity LifeStyle Properties Inc Common Equities 29472R108 4,393 50,115 SH   SOLE   50,115 0 0
Equity Residential Common Equities 29476L107 3,604 39,828 SH   SOLE   39,828 0 0
Essex Property Trust Inc Common Equities 297178105 2,652 7,531 SH   SOLE   7,531 0 0
Eversource Energy Common Equities 30040W108 3,375 37,100 SH   SOLE   37,100 0 0
Exelon Corp Common Equities 30161N101 6,567 113,700 SH   SOLE   113,700 0 0
Extra Space Storage Inc Common Equities 30225T102 3,433 15,145 SH   SOLE   15,145 0 0
Exxon Mobil Corp Common Equities 30231G102 9,501 155,273 SH   SOLE   155,273 0 0
Meta Platforms Inc Common Equities 30303M102 7,831 23,284 SH   SOLE   23,284 0 0
Federal Realty Investment Trust Common Equities 313747206 1,117 8,195 SH   SOLE   8,195 0 0
First Industrial Realty Trust Inc Common Equities 32054K103 978 14,781 SH   SOLE   14,781 0 0
FirstEnergy Corp Common Equities 337932107 2,549 61,300 SH   SOLE   61,300 0 0
Fortis Inc/Canada Common Equities 349553107 2,560 53,000 SH   SOLE   53,000 0 0
Gaming and Leisure Properties Inc Common Equities 36467J108 1,288 26,475 SH   SOLE   26,475 0 0
Healthcare Realty Trust Inc Common Equities 421946104 343 10,855 SH   SOLE   10,855 0 0
Healthcare Trust of America Inc Common Equities 42225P501 853 25,552 SH   SOLE   25,552 0 0
Healthpeak Properties Inc Common Equities 42250P103 2,251 62,384 SH   SOLE   62,384 0 0
Highwoods Properties Inc Common Equities 431284108 346 7,782 SH   SOLE   7,782 0 0
Honeywell International Inc Common Equities 438516106 14,289 68,530 SH   SOLE   68,530 0 0
Host Hotels & Resorts Inc Common Equities 44107P104 1,518 87,301 SH   SOLE   87,301 0 0
Howard Hughes Corp/The Common Equities 44267D107 314 3,093 SH   SOLE   3,093 0 0
Hudson Pacific Properties Inc Common Equities 444097109 279 11,320 SH   SOLE   11,320 0 0
Invesco BuyBack Achievers ETF Exchange Traded Fund 46137V308 5,558 57,600 SH   SOLE   57,600 0 0
Invesco DB Commodity Index Tracking Fund Exchange Traded Fund 46138B103 38,781 1,866,300 SH   SOLE   1,866,300 0 0
Invesco S&P 500 GARP ETF Exchange Traded Fund 46137V431 11,459 118,100 SH   SOLE   118,100 0 0
Invesco S&P 500 High Dividend Low Volatility ETF Exchange Traded Fund 46138E362 5,005 110,550 SH   SOLE   110,550 0 0
Invesco S&P 500 Low Volatility ETF Exchange Traded Fund 46138E354 11,770 171,500 SH   SOLE   171,500 0 0
Invesco S&P 500 Pure Growth ETF Exchange Traded Fund 46137V266 6,430 30,500 SH   SOLE   30,500 0 0
Invesco S&P 500 Pure Value ETF Exchange Traded Fund 46137V258 4,930 61,000 SH   SOLE   61,000 0 0
Invesco S&P 500 Quality ETF Exchange Traded Fund 46137V241 5,230 98,300 SH   SOLE   98,300 0 0
Invitation Homes Inc Common Equities 46187W107 2,981 65,754 SH   SOLE   65,754 0 0
Iron Mountain Inc Common Equities 46284V101 1,749 33,428 SH   SOLE   33,428 0 0
JBG SMITH Properties Common Equities 46590V100 248 8,672 SH   SOLE   8,672 0 0
JPMorgan Chase & Co Common Equities 46625H100 18,815 118,820 SH   SOLE   118,820 0 0
Jones Lang LaSalle Inc Common Equities 48020Q107 1,018 3,780 SH   SOLE   3,780 0 0
Kilroy Realty Corp Common Equities 49427F108 829 12,482 SH   SOLE   12,482 0 0
Kimco Realty Corp Common Equities 49446R109 1,758 71,343 SH   SOLE   71,343 0 0
L3Harris Technologies Inc Common Equities 502431109 19,450 91,215 SH   SOLE   91,215 0 0
Lamar Advertising Co Common Equities 512816109 1,245 10,268 SH   SOLE   10,268 0 0
LXP Industrial Trust Common Equities 529043101 323 20,719 SH   SOLE   20,719 0 0
Life Storage Inc Common Equities 53223X107 1,351 8,822 SH   SOLE   8,822 0 0
Linde PLC Common Equities G5494J103 11,963 34,535 SH   SOLE   34,535 0 0
M&T Bank Corp Common Equities 55261F104 4,330 28,200 SH   SOLE   28,200 0 0
Marriott International Inc/MD Common Equities 571903202 12,277 74,300 SH   SOLE   74,300 0 0
Martin Marietta Materials Inc Common Equities 573284106 2,246 5,100 SH   SOLE   5,100 0 0
Mastercard Inc Common Equities 57636Q104 18,344 51,052 SH   SOLE   51,052 0 0
Medical Properties Trust Inc Common Equities 58463J304 1,612 68,228 SH   SOLE   68,228 0 0
Microsoft Corp Common Equities 594918104 30,083 89,450 SH   SOLE   89,450 0 0
Mid-America Apartment Communities Inc Common Equities 59522J103 2,989 13,031 SH   SOLE   13,031 0 0
NVIDIA Corp Common Equities 67066G104 9,464 32,180 SH   SOLE   32,180 0 0
National Retail Properties Inc Common Equities 637417106 2,674 55,638 SH   SOLE   55,638 0 0
National Storage Affiliates Trust Common Equities 637870106 418 6,044 SH   SOLE   6,044 0 0
New Residential Investment Corp Common Equities 64828T201 370 34,606 SH   SOLE   34,606 0 0
NextEra Energy Inc Common Equities 65339F101 19,726 211,300 SH   SOLE   211,300 0 0
Omega Healthcare Investors Inc Common Equities 681936100 829 28,028 SH   SOLE   28,028 0 0
Opendoor Technologies Inc Common Equities 683712103 413 28,279 SH   SOLE   28,279 0 0
Oracle Corp Common Equities 68389X105 3,332 38,207 SH   SOLE   38,207 0 0
PG&E Corp Common Equities 69331C108 2,122 174,800 SH   SOLE   174,800 0 0
PPL Corp Common Equities 69351T106 2,657 88,400 SH   SOLE   88,400 0 0
PS Business Parks Inc Common Equities 69360J107 275 1,496 SH   SOLE   1,496 0 0
PepsiCo Inc Common Equities 713448108 9,729 56,010 SH   SOLE   56,010 0 0
Physicians Realty Trust Common Equities 71943U104 303 16,131 SH   SOLE   16,131 0 0
PotlatchDeltic Corp Common Equities 737630103 300 4,993 SH   SOLE   4,993 0 0
Procter & Gamble Co/The Common Equities 742718109 14,949 91,392 SH   SOLE   91,392 0 0
Prologis Inc Common Equities 74340W103 17,865 106,116 SH   SOLE   106,116 0 0
Public Service Enterprise Group Inc Common Equities 744573106 3,750 56,200 SH   SOLE   56,200 0 0
Public Storage Common Equities 74460D109 8,367 22,340 SH   SOLE   22,340 0 0
Rayonier Inc Common Equities 754907103 425 10,531 SH   SOLE   10,531 0 0
Realty Income Corp Common Equities 756109104 5,794 80,945 SH   SOLE   80,945 0 0
Redfin Corp Common Equities 75737F108 298 7,782 SH   SOLE   7,782 0 0
Regency Centers Corp Common Equities 758849103 1,360 18,060 SH   SOLE   18,060 0 0
Rexford Industrial Realty Inc Common Equities 76169C100 1,251 15,428 SH   SOLE   15,428 0 0
Rogers Communications Inc Common Equities 775109200 1,878 39,400 SH   SOLE   39,400 0 0
SBA Communications Corp Common Equities 78410G104 4,841 12,446 SH   SOLE   12,446 0 0
SL Green Realty Corp Common Equities 78440X804 1,434 20,013 SH   SOLE   20,013 0 0
SPDR Portfolio Long Term Treasury ETF Exchange Traded Fund 78464A664 19,810 470,000 SH   SOLE   470,000 0 0
SPDR S&P 500 ETF Trust Exchange Traded Fund 78462F103 75,993 160,000 SH   SOLE   160,000 0 0
STAG Industrial Inc Common Equities 85254J102 878 18,327 SH   SOLE   18,327 0 0
STORE Capital Corp Common Equities 862121100 982 28,552 SH   SOLE   28,552 0 0
Sabra Health Care REIT Inc Common Equities 78573L106 223 16,474 SH   SOLE   16,474 0 0
Sempra Energy Common Equities 816851109 4,748 35,900 SH   SOLE   35,900 0 0
Simon Property Group Inc Common Equities 828806109 7,946 49,739 SH   SOLE   49,739 0 0
Southern Co/The Common Equities 842587107 8,078 117,800 SH   SOLE   117,800 0 0
Spirit Realty Capital Inc Common Equities 84860W300 425 8,834 SH   SOLE   8,834 0 0
Starwood Property Trust Inc Common Equities 85571B105 520 21,407 SH   SOLE   21,407 0 0
Sun Communities Inc Common Equities 866674104 2,773 13,211 SH   SOLE   13,211 0 0
T-Mobile US Inc Common Equities 872590104 7,689 66,300 SH   SOLE   66,300 0 0
Texas Instruments Inc Common Equities 882508104 13,130 69,670 SH   SOLE   69,670 0 0
Thermo Fisher Scientific Inc Common Equities 883556102 18,363 27,522 SH   SOLE   27,522 0 0
Truist Financial Corp Equity 89832Q109 12,998 222,000 SH   SOLE   222,000 0 0
UDR Inc Common Equities 902653104 1,947 32,460 SH   SOLE   32,460 0 0
United Parcel Service Inc Common Equities 911312106 4,564 21,296 SH   SOLE   21,296 0 0
UnitedHealth Group Inc Common Equities 91324P102 20,350 40,527 SH   SOLE   40,527 0 0
Utilities Select Sector SPDR Fund Exchange Traded Fund 81369Y886 11,434 159,750 SH   SOLE   159,750 0 0
VICI Properties Inc Common Equities 925652109 2,198 73,023 SH   SOLE   73,023 0 0
Vanguard FTSE Developed Markets ETF Exchange Traded Fund 921943858 66,378 1,300,000 SH   SOLE   1,300,000 0 0
Vanguard FTSE Europe ETF Exchange Traded Fund 922042874 28,483 417,400 SH   SOLE   417,400 0 0
Vanguard Long-Term Treasury ETF Exchange Traded Fund 92206C847 60,179 673,000 SH   SOLE   673,000 0 0
Vanguard Russell 2000 ETF Exchange Traded Fund 92206C664 13,291 148,000 SH   SOLE   148,000 0 0
Vanguard S&P 500 ETF Exchange Traded Fund 922908363 101,240 231,900 SH   SOLE   231,900 0 0
Vanguard S&P Mid-Cap 400 ETF Exchange Traded Fund 921932885 116,815 610,000 SH   SOLE   610,000 0 0
Vanguard Total Bond Market ETF Exchange Traded Fund 921937835 177,127 2,090,000 SH   SOLE   2,090,000 0 0
Ventas Inc Common Equities 92276F100 2,451 47,950 SH   SOLE   47,950 0 0
Verizon Communications Inc Common Equities 92343V104 42,703 821,850 SH   SOLE   821,850 0 0
Visa Inc Common Equities 92826C839 18,958 87,483 SH   SOLE   87,483 0 0
Vornado Realty Trust Common Equities 929042109 813 19,445 SH   SOLE   19,445 0 0
WEC Energy Group Inc Common Equities 92939U106 3,358 34,600 SH   SOLE   34,600 0 0
WP Carey Inc Common Equities 92936U109 1,723 21,005 SH   SOLE   21,005 0 0
Walmart Inc Common Equities 931142103 11,233 77,640 SH   SOLE   77,640 0 0
Walt Disney Co/The Common Equities 254687106 7,081 45,721 SH   SOLE   45,721 0 0
Wells Fargo & Co Common Equities 949746101 2,111 44,000 SH   SOLE   44,000 0 0
Welltower Inc Common Equities 95040Q104 4,298 50,113 SH   SOLE   50,113 0 0
Weyerhaeuser Co Common Equities 962166104 3,514 85,350 SH   SOLE   85,350 0 0
Xcel Energy Inc Common Equities 98389B100 4,028 59,500 SH   SOLE   59,500 0 0
iShares Broad USD High Yield Corporate Bond ETF Exchange Traded Fund 46435U853 1,235 30,000 SH   SOLE   30,000 0 0
iShares Core MSCI EAFE ETF Exchange Traded Fund 46432F842 4,105 55,000 SH   SOLE   55,000 0 0
iShares Core MSCI Emerging Markets ETF Exchange Traded Fund 46434G103 110,375 1,843,900 SH   SOLE   1,843,900 0 0
iShares Core S&P Mid-Cap ETF Exchange Traded Fund 464287507 5,873 20,750 SH   SOLE   20,750 0 0
iShares Core U.S. Aggregate Bond ETF Exchange Traded Fund 464287226 7,415 65,000 SH   SOLE   65,000 0 0
iShares MSCI Canada ETF Exchange Traded Fund 464286509 24,026 625,200 SH   SOLE   625,200 0 0
iShares MSCI Japan ETF Exchange Traded Fund 46434G822 19,666 293,700 SH   SOLE   293,700 0 0
salesforce.com Inc Common Equities 79466L302 14,227 55,986 SH   SOLE   55,986 0 0