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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287Y109   9,870,881 65,650 SH   SOLE   65,650 0 0
ADOBE INC COM 00724F101   6,752,762 12,190 SH   SOLE   12,190 0 0
AGNC INVT CORP COM 00123Q104   173,973 15,084 SH   SOLE   15,084 0 0
AIR PRODS & CHEMS INC COM 009158106   2,097,902 7,700 SH   SOLE   7,700 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   1,253,527 8,979 SH   SOLE   8,979 0 0
ALPHABET INC CAP STK CL A 02079K305   21,613,388 174,800 SH   SOLE   174,800 0 0
AMAZON COM INC COM 023135106   26,533,029 196,480 SH   SOLE   196,480 0 0
AMEREN CORP COM 023608102   1,177,312 15,200 SH   SOLE   15,200 0 0
AMERICAN ELEC PWR CO INC COM 025537101   2,599,077 30,600 SH   SOLE   30,600 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   671,744 19,035 SH   SOLE   19,035 0 0
AMERICAN TOWER CORP NEW COM 03027X100   12,463,339 58,915 SH   SOLE   58,915 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103   1,477,327 10,600 SH   SOLE   10,600 0 0
AMERICOLD REALTY TRUST INC COM 03064D108   481,864 15,865 SH   SOLE   15,865 0 0
ANNALY CAPITAL MANAGEMENT IN COM NEW 035710839   234,882 10,364 SH   SOLE   10,364 0 0
APARTMENT INCOME REIT CORP COM 03750L109   378,332 10,463 SH   SOLE   10,463 0 0
APPLE INC COM 037833100   142,555,982 821,880 SH   SOLE   821,880 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   3,428,848 4,530 SH   SOLE   4,530 0 0
AT&T INC COM 00206R102   5,271,844 294,700 SH   SOLE   294,700 0 0
AVALONBAY CMNTYS INC COM 053484101   1,718,361 9,310 SH   SOLE   9,310 0 0
BAKER HUGHES COMPANY CL A 05722G100   4,809,370 135,960 SH   SOLE   135,960 0 0
BANCO SANTANDER S.A. ADR 05964H105   2,152,759 519,990 SH   SOLE   519,990 0 0
BANK AMERICA CORP COM 060505104   15,006,199 473,500 SH   SOLE   473,500 0 0
BHP GROUP LTD SPONSORED ADS 088606108   2,766,555 40,500 SH   SOLE   40,500 0 0
BOSTON PROPERTIES INC COM 101121101   717,654 10,202 SH   SOLE   10,202 0 0
BOSTON SCIENTIFIC CORP COM 101137107   11,748,357 235,432 SH   SOLE   235,432 0 0
BRIXMOR PPTY GROUP INC COM 11120U105   487,735 21,073 SH   SOLE   21,073 0 0
BROADCOM INC COM 11135F101   6,519,852 6,600 SH   SOLE   6,600 0 0
CAMDEN PPTY TR SH BEN INT 133131102   663,165 6,149 SH   SOLE   6,149 0 0
CHUBB LIMITED COM H1467J104   1,333,400 5,900 SH   SOLE   5,900 0 0
CISCO SYS INC COM 17275R102   3,358,251 66,170 SH   SOLE   66,170 0 0
COCA COLA CO COM 191216100   12,663,835 215,200 SH   SOLE   215,200 0 0
COMCAST CORP NEW CL A 20030N101   2,880,427 67,890 SH   SOLE   67,890 0 0
CONSOLIDATED EDISON INC COM 209115104   1,810,693 19,800 SH   SOLE   19,800 0 0
CONSTELLATION ENERGY CORP COM 21037T109   2,114,779 20,399 SH   SOLE   20,399 0 0
COSTAR GROUP INC COM 22160N109   853,203 11,271 SH   SOLE   11,271 0 0
CROWN CASTLE INC COM 22822V101   8,740,587 74,177 SH   SOLE   74,177 0 0
CUBESMART COM 229663109   627,342 13,419 SH   SOLE   13,419 0 0
DIGITAL RLTY TR INC COM 253868103   8,134,924 59,162 SH   SOLE   59,162 0 0
DISNEY WALT CO COM 254687106   3,239,960 35,400 SH   SOLE   35,400 0 0
DOMINION ENERGY INC COM 25746U109   2,577,525 49,600 SH   SOLE   49,600 0 0
DOUGLAS EMMETT INC COM 25960P109   214,492 14,218 SH   SOLE   14,218 0 0
DTE ENERGY CO COM 233331107   1,288,582 11,600 SH   SOLE   11,600 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204   13,741,228 143,200 SH   SOLE   143,200 0 0
EASTGROUP PPTYS INC COM 277276101   422,109 2,362 SH   SOLE   2,362 0 0
EDISON INTL COM 281020107   1,618,452 23,200 SH   SOLE   23,200 0 0
ENTERGY CORP NEW COM 29364G103   1,225,689 11,900 SH   SOLE   11,900 0 0
EQUINIX INC COM 29444U700   4,486,248 5,780 SH   SOLE   5,780 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108   853,471 12,045 SH   SOLE   12,045 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   1,455,604 23,298 SH   SOLE   23,298 0 0
ESSEX PPTY TR INC COM 297178105   1,017,323 4,211 SH   SOLE   4,211 0 0
EVERSOURCE ENERGY COM 30040W108   1,373,262 20,000 SH   SOLE   20,000 0 0
EXELON CORP COM 30161N101   2,314,296 61,400 SH   SOLE   61,400 0 0
EXTRA SPACE STORAGE INC COM 30225T102   1,986,857 12,527 SH   SOLE   12,527 0 0
EXXON MOBIL CORP COM 30231G102   5,106,519 52,200 SH   SOLE   52,200 0 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101   499,623 4,765 SH   SOLE   4,765 0 0
FIFTH THIRD BANCORP COM 316773100   20,192,273 613,240 SH   SOLE   613,240 0 0
FIRST INDL RLTY TR INC COM 32054K103   439,868 8,311 SH   SOLE   8,311 0 0
FIRSTENERGY CORP COM 337932107   1,254,396 33,200 SH   SOLE   33,200 0 0
GAMING & LEISURE PPTYS INC COM 36467J108   804,549 15,855 SH   SOLE   15,855 0 0
HALLIBURTON CO COM 406216101   6,922,288 180,100 SH   SOLE   180,100 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104   2,536,810 32,990 SH   SOLE   32,990 0 0
HEALTHCARE RLTY TR CL A COM 42226K105   276,359 14,882 SH   SOLE   14,882 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   796,230 35,924 SH   SOLE   35,924 0 0
HOME DEPOT INC COM 437076102   14,122,886 42,820 SH   SOLE   42,820 0 0
HOST HOTELS & RESORTS INC COM 44107P104   1,046,728 55,021 SH   SOLE   55,021 0 0
ILLINOIS TOOL WKS INC COM 452308109   7,655,647 30,300 SH   SOLE   30,300 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602   14,909,000 47,550 SH   SOLE   47,550 0 0
INVESCO ACTVELY MNGD ETC FD OPTIMUM YIELD 46090F100   38,608,570 2,902,900 SH   SOLE   2,902,900 0 0
INVESCO DB COMMDY INDX TRCK UNIT 46138B103   39,385,480 1,787,000 SH   SOLE   1,787,000 0 0
INVESCO EXCH TRADED FD TR II S&P500 LOW VOL 46138E354   11,253,736 179,600 SH   SOLE   179,600 0 0
INVESCO EXCHANGE TRADED FD T S&P500 PUR GWT 46137V266   1,161,360 36,000 SH   SOLE   36,000 0 0
INVESCO EXCHANGE TRADED FD T S&P500 PUR VAL 46137V258   1,986,336 24,200 SH   SOLE   24,200 0 0
INVITATION HOMES INC COM 46187W107   1,233,395 36,624 SH   SOLE   36,624 0 0
IRON MTN INC DEL COM 46284V101   1,226,659 19,178 SH   SOLE   19,178 0 0
ISHARES INC CORE MSCI EMKT 46434G103   68,156,550 1,347,500 SH   SOLE   1,347,500 0 0
ISHARES INC MSCI CDA ETF 464286509   8,502,424 231,800 SH   SOLE   231,800 0 0
ISHARES TR CORE S&P MCP ETF 464287507   1,122,458 4,050 SH   SOLE   4,050 0 0
ISHARES TR CORE S&P SCP ETF 464287804   1,255,700 11,600 SH   SOLE   11,600 0 0
ISHARES TR CORE MSCI EAFE 46432F842   71,271,585 1,013,100 SH   SOLE   1,013,100 0 0
JPMORGAN CHASE & CO COM 46625H100   2,578,432 16,750 SH   SOLE   16,750 0 0
KILROY RLTY CORP COM 49427F108   296,800 7,532 SH   SOLE   7,532 0 0
KIMCO RLTY CORP COM 49446R109   888,248 41,343 SH   SOLE   41,343 0 0
LAMAR ADVERTISING CO NEW CL A 512816109   639,682 5,998 SH   SOLE   5,998 0 0
MARRIOTT INTL INC NEW CL A 571903202   13,685,945 69,970 SH   SOLE   69,970 0 0
MASTERCARD INCORPORATED CL A 57636Q104   4,131,246 10,840 SH   SOLE   10,840 0 0
MEDICAL PPTYS TRUST INC COM 58463J304   290,974 38,538 SH   SOLE   38,538 0 0
META PLATFORMS INC CL A 30303M102   12,186,738 39,250 SH   SOLE   39,250 0 0
METLIFE INC COM 59156R108   2,007,439 31,000 SH   SOLE   31,000 0 0
MICROSOFT CORP COM 594918104   51,356,585 158,700 SH   SOLE   158,700 0 0
MID-AMER APT CMNTYS INC COM 59522J103   1,040,234 6,991 SH   SOLE   6,991 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS 606822104   1,671,718 194,160 SH   SOLE   194,160 0 0
MIZUHO FINANCIAL GROUP INC SPONSORED ADR 60687Y109   943,420 274,250 SH   SOLE   274,250 0 0
NETFLIX INC COM 64110L106   3,448,721 7,330 SH   SOLE   7,330 0 0
NEXTERA ENERGY INC COM 65339F101   10,117,487 152,070 SH   SOLE   152,070 0 0
NNN REIT INC COM 637417106   540,351 12,178 SH   SOLE   12,178 0 0
NOVO-NORDISK A S ADR 670100205   3,792,477 36,660 SH   SOLE   36,660 0 0
NVIDIA CORPORATION COM 67066G104   17,091,325 39,700 SH   SOLE   39,700 0 0
OMEGA HEALTHCARE INVS INC COM 681936100   489,792 16,538 SH   SOLE   16,538 0 0
ORACLE CORP COM 68389X105   4,675,157 43,210 SH   SOLE   43,210 0 0
PARKER-HANNIFIN CORP COM 701094104   22,734,977 56,070 SH   SOLE   56,070 0 0
PEPSICO INC COM 713448108   10,961,516 64,200 SH   SOLE   64,200 0 0
PG&E CORP COM 69331C108   1,610,472 94,500 SH   SOLE   94,500 0 0
PNC FINL SVCS GROUP INC COM 693475105   20,071,376 134,290 SH   SOLE   134,290 0 0
PPL CORP COM 69351T106   1,317,103 47,700 SH   SOLE   47,700 0 0
PROCTER AND GAMBLE CO COM 742718109   13,788,465 94,100 SH   SOLE   94,100 0 0
PROLOGIS INC. COM 74340W103   7,482,218 56,880 SH   SOLE   56,880 0 0
PUBLIC STORAGE COM 74460D109   2,894,097 9,540 SH   SOLE   9,540 0 0
PUBLIC SVC ENTERPRISE GRP IN COM 744573106   1,855,936 30,500 SH   SOLE   30,500 0 0
REALTY INCOME CORP COM 756109104   2,443,872 40,155 SH   SOLE   40,155 0 0
REGENCY CTRS CORP COM 758849103   711,303 10,770 SH   SOLE   10,770 0 0
REXFORD INDL RLTY INC COM 76169C100   490,664 8,358 SH   SOLE   8,358 0 0
RIO TINTO PLC SPONSORED ADR 767204100   2,583,762 34,700 SH   SOLE   34,700 0 0
RITHM CAPITAL CORP COM NEW 64828T201   124,685 13,336 SH   SOLE   13,336 0 0
SALESFORCE INC COM 79466L302   7,187,651 32,720 SH   SOLE   32,720 0 0
SAP SE SPON ADR 803054204   571,983 3,700 SH   SOLE   3,700 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   1,806,401 6,766 SH   SOLE   6,766 0 0
SCHLUMBERGER LTD COM STK 806857108   4,111,160 79,000 SH   SOLE   79,000 0 0
SEMPRA COM 816851109   2,921,899 38,600 SH   SOLE   38,600 0 0
SIMON PPTY GROUP INC NEW COM 828806109   3,317,357 24,579 SH   SOLE   24,579 0 0
SOUTHERN CO COM 842587107   13,966,535 199,500 SH   SOLE   199,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   21,388,950 45,000 SH   SOLE   45,000 0 0
SPDR SER TR PORTFOLIO LN TSR 78464A664   13,746,774 473,700 SH   SOLE   473,700 0 0
STAG INDL INC COM 85254J102   382,765 10,097 SH   SOLE   10,097 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209   1,588,004 164,050 SH   SOLE   164,050 0 0
SUN CMNTYS INC COM 866674104   1,041,228 7,301 SH   SOLE   7,301 0 0
T-MOBILE US INC COM 872590104   3,342,215 21,700 SH   SOLE   21,700 0 0
TEXAS INSTRS INC COM 882508104   17,285,146 101,890 SH   SOLE   101,890 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   19,329,777 36,360 SH   SOLE   36,360 0 0
TOTALENERGIES SE SPONSORED ADS 89151E109   2,957,982 43,900 SH   SOLE   43,900 0 0
UDR INC COM 902653104   757,725 18,690 SH   SOLE   18,690 0 0
UNITEDHEALTH GROUP INC COM 91324P102   20,416,974 40,500 SH   SOLE   40,500 0 0
VANGUARD ADMIRAL FDS INC MIDCP 400 IDX 921932885   92,090,600 980,000 SH   SOLE   980,000 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835   47,807,500 650,000 SH   SOLE   650,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   84,433,440 193,300 SH   SOLE   193,300 0 0
VANGUARD SCOTTSDALE FDS LONG TERM TREAS 92206C847   31,380,300 510,000 SH   SOLE   510,000 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 92206C664   8,921,000 110,000 SH   SOLE   110,000 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858   59,875,000 1,250,000 SH   SOLE   1,250,000 0 0
VENTAS INC COM 92276F100   1,501,627 29,880 SH   SOLE   29,880 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   6,241,909 161,100 SH   SOLE   161,100 0 0
VICI PPTYS INC COM 925652109   2,218,360 67,662 SH   SOLE   67,662 0 0
VISA INC COM CL A 92826C839   4,697,344 20,160 SH   SOLE   20,160 0 0
VORNADO RLTY TR SH BEN INT 929042109   317,776 12,185 SH   SOLE   12,185 0 0
WALMART INC COM 931142103   2,968,123 19,400 SH   SOLE   19,400 0 0
WEC ENERGY GROUP INC COM 92939U106   1,632,635 18,700 SH   SOLE   18,700 0 0
WELLTOWER INC COM 95040Q104   2,520,768 29,853 SH   SOLE   29,853 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104   1,633,150 47,520 SH   SOLE   47,520 0 0
WP CAREY INC COM 92936U109   841,160 11,875 SH   SOLE   11,875 0 0
XCEL ENERGY INC COM 98389B100   2,072,474 32,200 SH   SOLE   32,200 0 0