Duff & Phelps Investment Management Co.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Duff & Phelps Investment Management Co. reported 249 stock positions worth $8.4 billion. Its top holding was Prologis (PLD) at 4.4% of the portfolio, followed by Weyerhaeuser (WY, 3.0%) and Equinix (EQIX, 2.9%). Compared with Q4 2023, it opened 10 new positions, sold out of 9, added to 146 and reduced 61. The biggest buy was Weyerhaeuser (WY, shares +1482%) and the biggest sale an exit from Welltower (WELL).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0000765443
Portfolio Value
$8.4B (Q1 2024)
SEC Filing
0001140361-24-025991 ↗ filed May 14, 2024

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $8.4B $8.4B Q1 2024 Q2 2024: $7.8B Q2 2024 Q3 2024: $8.7B Q3 2024 Q4 2024: $8.4B Q4 2024 Q1 2025: $8.5B Q1 2025 Q2 2025: $8.5B Q2 2025 Q3 2025: $8.8B Q3 2025 Q4 2025: $8.8B Q4 2025 Q1 2026: $9.6B Q1 2026 Q2 2026: $10.6B Q2 2026

Holdings 249 stocks · $8.4B
PLD Prologis Inc. 4.41% 2,830,298 $368.6M Reduce -1.3%
WY Weyerhaeuser Co. 2.97% 2,828,477 $248.1M Add +1481.8%
EQIX Equinix Inc. 2.90% 293,549 $242.3M Reduce -21.0%
AMT American Tower Corp. 2.35% 992,506 $196.1M Reduce -2.7%
PSA Public Storage 2.15% 617,555 $179.1M Add +7.5%
DLR Digital Realty Trust Inc. 1.93% 1,116,525 $160.8M Reduce -24.6%
NEE Nextera Energy Inc. 1.93% 2,515,868 $160.8M Add +25.1%
AVB Avalonbay Communities Inc. 1.91% 859,847 $159.6M Add +70.0%
SRE Sempra 1.78% 2,069,532 $148.7M Reduce -1.5%
CNP Centerpoint Energy Inc. 1.76% 5,152,875 $146.8M Reduce -4.6%
O Realty Income Corp. 1.73% 2,673,233 $144.6M Reduce -1.6%
VTR Ventas Inc. 1.64% 3,141,490 $136.8M Reduce -0.3%
LNG Cheniere Energy Inc. 1.61% 835,697 $134.8M Add +4.7%
SO The Southern Co. 1.61% 1,872,745 $134.4M Add +17.8%
SPG Simon Property Group Inc. 1.57% 839,146 $131.3M Add +9.9%
AEE Ameren Corporation 1.56% 1,759,386 $130.1M Reduce -0.3%
AMH American Homes 4 Rent- A 1.50% 3,394,617 $124.9M Add +0.4%
CMS CMS Energy Corp. 1.46% 2,017,775 $121.8M Reduce -7.3%
ATO Atmos Energy Corp. 1.45% 1,019,579 $121.2M Add +0.0%
XEL Xcel Energy Inc. 1.41% 2,183,548 $117.4M Add +5.6%
NI Nisource Inc. 1.36% 4,095,886 $113.3M Add +0.0%
REXR Rexford Industrial Realty Inc. 1.29% 2,145,878 $107.9M Add +8.5%
BRX Brixmor Property Group Inc. 1.29% 4,590,898 $107.7M Add +4.5%
WTRG Essential Utilities Inc. 1.25% 2,808,723 $104.1M Reduce -8.5%
PEG Public Service Enterprise GP 1.25% 1,557,320 $104.0M Reduce -14.5%
TRGP Targa Resources Corp. 1.24% 923,485 $103.4M Reduce -21.5%
CCI Crown Castle Inc. 1.23% 968,602 $102.5M Add +0.0%
LNT Alliant Energy Corp. 1.23% 2,030,300 $102.3M Reduce -0.6%
DTE DTE Energy Company 1.22% 906,516 $101.7M Add +0.0%
CUBE Cubesmart 1.20% 2,223,554 $100.5M Reduce -16.1%
WEC WEC Energy Group Inc. 1.15% 1,164,490 $95.6M Reduce -5.1%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 1.11% 723,146 $93.0M Reduce -38.1%
WMB Williams Cos Inc. 1.09% 2,345,662 $91.4M Add +0.3%
KIM Kimco Realty Corp. 1.06% 4,509,154 $88.4M Add +1217.5%
ITOT iShares Core S&P Total U.S. 1.05% 757,615 $87.4M No change
AIRC Apartment Income REIT Co. 1.04% 2,681,444 $87.1M Add +9.7%
ETR Entergy Corp. 1.04% 818,254 $86.5M Add +7.2%
OKE Oneok Inc. 1.00% 1,042,055 $83.5M Add +50.3%
ET Energy Transfer LP 0.94% 4,998,412 $78.6M Reduce -0.4%
AWK American Water Works Co. Inc. 0.92% 631,593 $77.2M Reduce -17.1%
MPLX MPLX LP 0.92% 1,842,693 $76.6M Reduce -6.8%
EPD Enterprise Products Partners 0.91% 2,612,842 $76.2M Add +3.3%
REG Regency Centers Corp. 0.88% 1,215,696 $73.6M Reduce -3.8%
EVRG Evergy Inc. 0.87% 1,368,356 $73.0M Add +13.2%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.86% 895,705 $71.8M Add +1497.5%
OGE Oge Energy Corp. 0.82% 2,005,300 $68.8M Reduce -14.3%
PBA Pembina Pipeline Corp. 0.79% 1,868,276 $66.0M Add +20.0%
D Dominion Energy Inc. 0.79% 1,341,658 $66.0M Reduce -0.1%
XYL Xylem Inc. 0.77% 498,842 $64.5M Reduce -9.7%
MAA Mid-America Apartment Comm 0.75% 477,180 $62.8M Reduce -2.7%
ES Eversource Energy 0.74% 1,029,802 $61.6M Add +12.3%
AEP American Electric Power 0.73% 712,490 $61.3M Reduce -32.8%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.71% 1,979,110 $59.0M Reduce -43.0%
VZ Verizon Communications Inc. 0.70% 1,387,967 $58.2M Add +0.1%
T AT&T Inc. 0.67% 3,161,897 $55.6M Add +8.1%
COLD Americold Realty Trust Inc. 0.61% 2,060,165 $51.3M Add +102.9%
RHP Ryman Hospitality Properties 0.61% 442,319 $51.1M Add +0.4%
PPL PPL Corp. 0.61% 1,845,116 $50.8M Add +248.0%
CMCSA Comcast Corp. Class A 0.59% 1,135,607 $49.2M Add +0.1%
ENB Enbridge Inc. 0.58% 1,342,674 $48.6M Reduce -20.3%
SR Spire Inc. 0.57% 776,340 $47.6M No change
BXP BXP Inc. filed as BOSTON PROPERTIES INC 0.57% 723,865 $47.3M New
PNW Pinnacle West Capital 0.56% 624,930 $46.7M No change
PAA Plains All Amer Pipeline LP 0.54% 2,589,900 $45.5M No change
FE Firstenergy Corp. 0.53% 1,138,500 $44.0M No change
VTI VG Morningstar TS MKT ETF-US 0.48% 154,480 $40.1M Add +0.2%
VNO Vornado Realty Trust 0.47% 1,360,425 $39.1M New
FTS Fortis Inc. 0.47% 981,900 $38.8M No change
TU Telus Corp. 0.45% 2,349,500 $37.6M No change
NJR New Jersey Resources Corp. 0.45% 875,590 $37.6M No change
OGS One Gas Inc. 0.45% 576,000 $37.2M No change
BCE Bce Inc. 0.43% 1,065,865 $36.2M No change
TRP TC Energy Corp. 0.43% 886,000 $35.6M No change
PCG P G & E Corp. 0.42% 2,106,700 $35.3M Reduce -26.1%
ECL Ecolab Inc. 0.39% 140,595 $32.5M Add +13.2%
CNM Core & Main Inc. Class A 0.39% 565,719 $32.4M Reduce -5.6%
SBRA Sabra Health Care REIT Inc. 0.39% 2,176,455 $32.1M Add +3.6%
UNP Union Pacific Corp. 0.38% 129,991 $32.0M Add +0.3%
TTEK Tetra Tech Inc. 0.37% 169,238 $31.3M Add +5.9%
KMI Kinder Morgan Inc. 0.37% 1,698,198 $31.1M Add +32.0%
VEA Vanguard Ftse Developed ETF 0.37% 620,470 $31.1M No change
HST Host Hotels & Resorts Inc. 0.37% 1,488,537 $30.8M Add +3.5%
PNR Pentair PLC 0.37% 357,719 $30.6M Add +138.6%
CUZ Cousins Properties Inc. 0.36% 1,259,561 $30.3M Add +9.2%
INVH Invitation Homes Inc. 0.35% 826,225 $29.4M Reduce -31.2%
NWN Northwest Natural Holding Co. 0.35% 779,470 $29.0M No change
ARE Alexandria Real Estate Equit 0.34% 222,534 $28.7M Reduce -61.6%
IJJ iShares S&P Mid-Cap 400 Valu 0.34% 240,735 $28.5M No change
EIX Edison International 0.34% 400,262 $28.3M Add +9.1%
KEYUF Keyera Corp. 0.32% 1,031,314 $26.6M No change
IEX Idex Corp. 0.29% 99,916 $24.4M Add +55.1%
DUK Duke Energy Corp. 0.29% 252,058 $24.4M No change
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI 0.28% 1,375,000 $23.1M No change
NSC Norfolk Southern Corp. 0.28% 90,449 $23.1M Reduce -13.6%
IWN iShares Russell 2000 Value E 0.27% 143,990 $22.9M No change
ENLC Enlink Midstream LLC 0.27% 1,660,631 $22.7M Add +0.5%
BKH Black Hills Corp. 0.25% 389,700 $21.3M No change
GLPI Gaming and Leisure Propertie 0.25% 454,800 $21.0M New
TMO Thermo Fisher Scientific Inc. 0.25% 35,958 $20.9M Add +0.4%
WMS Advanced Drainage Systems Inc. 0.25% 119,200 $20.5M No change
CSX CSX Corp. 0.24% 535,787 $19.9M Add +378.4%
VLTO Veralto Corp. 0.24% 221,898 $19.7M Reduce -15.4%
STN Stantec Inc. 0.23% 233,754 $19.4M Reduce -13.9%
DHR Danaher Corp. 0.20% 67,276 $16.8M Reduce -22.0%
MSFT Microsoft Corp. 0.20% 39,663 $16.7M Reduce -4.6%
IJK iShares S&P Mid-Cap 400 Grow 0.19% 174,280 $15.9M No change
FERG Ferguson Jersey Ltd. 0.19% 70,961 $15.5M Add +29.0%
NVDA Nvidia Corp. 0.18% 16,623 $15.0M Reduce -31.0%
AAPL Apple Inc. 0.18% 87,297 $15.0M Add +7.7%
BMI Badger Meter Inc. 0.18% 90,500 $14.6M No change
ZWS Zurn Elkay Water Solutions C 0.17% 424,100 $14.2M No change
WM Waste Management Inc. 0.17% 65,716 $14.0M Reduce -13.2%
AMZN Amazon.com Inc. 0.16% 73,859 $13.3M Reduce -8.4%
ACM Aecom 0.16% 134,726 $13.2M Add +14.7%
CP Canadian Pacific Kansas City 0.15% 144,897 $12.8M Reduce -42.0%
IWO iShares Russell 2000 Growth 0.15% 46,870 $12.7M No change
META Meta Platforms Inc. Class A 0.15% 25,044 $12.2M Add +1.1%
DOC Healthpeak Properties Inc. 0.15% 647,638 $12.1M Reduce -58.5%
SPIB SS SPDR P Int C Corp. ETF 0.14% 354,455 $11.6M Add +0.7%
VLO Valero Energy Corp. 0.13% 62,615 $10.7M Add +1029.2%
MPC Marathon Petroleum Corp. 0.12% 51,105 $10.3M Add +737.1%
SBAC SBA Communications Corp. 0.12% 44,990 $9.7M Reduce -79.7%
NFE New Fortress Energy Inc. 0.12% 317,391 $9.7M No change
GFL GFL Environmental Inc.-Sub VT 0.11% 256,781 $8.9M New
VMI Valmont Industries 0.10% 37,251 $8.5M Reduce -9.1%
FELE Franklin Electric Co. Inc. 0.10% 77,783 $8.3M Reduce -9.2%
VWO Vanguard Ftse Emerging Marke 0.09% 182,740 $7.6M No change
GOOGL Alphabet Inc. Class A 0.09% 48,065 $7.3M Add +3.2%
LLY Eli Lilly & Co. 0.09% 9,201 $7.2M Add +3.3%
VOD Vodafone Group PLC-SP ADR 0.08% 782,200 $7.0M No change
GOOG Alphabet Inc. Class C 0.08% 45,361 $6.9M Add +3.4%
AVGO Broadcom Inc. 0.08% 5,066 $6.7M Add +3.4%
JPM JPMorgan Chase & Co. 0.08% 33,356 $6.7M Add +3.5%
WTS Watts Water Technologies-A 0.07% 29,248 $6.2M New
TSLA Tesla Inc. 0.07% 31,914 $5.6M Add +3.4%
XOM Exxon Mobil Corp. 0.06% 46,133 $5.4M Add +3.0%
UNH Unitedhealth Group Inc. 0.06% 10,673 $5.3M Add +3.4%
MWA Mueller Water Products Inc. Class A 0.06% 325,800 $5.2M No change
V Visa Inc. Class A 0.06% 18,361 $5.1M Add +3.1%
EXR Extra Space Storage Inc. 0.06% 32,410 $4.8M Reduce -32.8%
MA Mastercard Inc. Class A 0.06% 9,549 $4.6M Add +3.0%
HD Home Depot Inc. 0.05% 11,527 $4.4M Add +3.0%
PG The Procter & Gamble Co. 0.05% 27,197 $4.4M Add +3.2%
JNJ Johnson & Johnson 0.05% 27,779 $4.4M Add +3.2%
MRK Merck & Co. Inc. 0.05% 29,237 $3.9M Add +3.1%
COST Costco Wholesale Corp. 0.04% 5,110 $3.7M Add +3.3%
ABBV Abbvie Inc. 0.04% 20,367 $3.7M Add +3.9%
CRM Salesforce Inc. 0.04% 11,216 $3.4M Add +3.1%
AMD Advanced Micro Devices 0.04% 18,639 $3.4M Add +3.3%
CVX Chevron Corp. 0.04% 20,206 $3.2M Add +3.0%
NFLX Netflix Inc. 0.04% 5,038 $3.1M Add +2.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 79,418 $3.0M Add +3.0%
WMT Walmart Inc. 0.04% 49,372 $3.0M Add +3.4%
PEP Pepsico Inc. 0.03% 15,859 $2.8M Add +3.3%
KO The Coca-Cola Co. 0.03% 44,890 $2.7M Add +3.4%
ADBE Adobe Inc. 0.03% 5,246 $2.6M Add +3.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 21,109 $2.6M Add +4.4%
ACN Accenture PLC Class A 0.03% 7,240 $2.5M Add +3.4%
MCD McDonald's Corp. 0.03% 8,362 $2.4M Add +3.9%
LAMR Lamar Advertising Co. Class A 0.03% 19,640 $2.3M Add +12.7%
CSCO Cisco Systems Inc. 0.03% 46,764 $2.3M Add +3.8%
ORCL Oracle Corp. 0.03% 18,334 $2.3M Add +3.6%
ABT Abbott Laboratories 0.03% 20,014 $2.3M Add +3.8%
GE General Electric 0.03% 12,551 $2.2M Add +4.3%
QCOM Qualcomm Inc. 0.03% 12,834 $2.2M Add +4.0%
CAT Caterpillar Inc. 0.03% 5,883 $2.2M Add +4.3%
INTC Intel Corp. 0.03% 48,650 $2.1M Add +4.0%
RYN Rayonier Inc. 0.03% 63,010 $2.1M Add +43.2%
LIN Linde PLC 0.02% 4,482 $2.1M Add +4.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 10,539 $2.0M Add +4.5%
GNR State Street SPDR S&P Global 0.02% 34,550 $2.0M No change
WFC Wells Fargo & Co. 0.02% 33,566 $1.9M Add +4.6%
TXN Texas Instruments Inc. 0.02% 10,472 $1.8M Add +4.3%
PFE Pfizer Inc. 0.02% 65,110 $1.8M Add +4.3%
BRK.B Berkshire Hathaway Inc. Class B 0.02% 4,179 $1.8M Add +0.4%
AMGN Amgen Inc. 0.02% 6,170 $1.8M Add +3.9%
COP Conocophillips 0.02% 13,686 $1.7M Add +3.4%
ENPH Enphase Energy Inc. 0.02% 14,212 $1.7M Add +77.8%
LOW Lowe's Cos Inc. 0.02% 6,655 $1.7M Add +2.8%
PAGP Plains GP Holdings LP 0.02% 90,103 $1.6M Reduce -3.2%
PM Philip Morris International 0.02% 17,890 $1.6M Add +4.3%
RTX RTX Corp. 0.02% 16,334 $1.6M Add +1.4%
GS Goldman Sachs Group Inc. 0.02% 3,767 $1.6M Add +3.4%
HON Honeywell International Inc. 0.02% 7,611 $1.6M Add +3.6%
AXP American Express Co. 0.02% 6,634 $1.5M Add +3.1%
FSLR First Solar Inc. 0.02% 8,822 $1.5M Add +33.6%
DBC Invesco DB Commodity Index T 0.02% 63,974 $1.5M Reduce -5.9%
BKNG Booking Holdings Inc. 0.02% 402 $1.5M Add +1.8%
C Citigroup Inc. 0.02% 22,082 $1.4M Add +3.7%
MS Morgan Stanley 0.02% 14,566 $1.4M Add +3.3%
BLK BlackRock Finance Inc. 0.02% 1,612 $1.3M Add +3.9%
MDT Medtronic PLC 0.02% 15,335 $1.3M Add +4.2%
NKE Nike Inc. Class B 0.02% 14,116 $1.3M Add +4.1%
BMY Bristol-Myers Squibb Co. 0.02% 23,480 $1.3M Add +1.7%
BA The Boeing Co. 0.02% 6,570 $1.3M Add +3.4%
DE Deere & Co. 0.02% 3,073 $1.3M Add +1.9%
SCHW Schwab (charles) Corp. 0.01% 17,170 $1.2M Add +4.5%
UPS United Parcel Service Class B 0.01% 8,340 $1.2M Add +4.3%
GTLS Chart Industries Inc. 0.01% 7,523 $1.2M Reduce -17.4%
SBUX Starbucks Corp. 0.01% 13,173 $1.2M Add +4.0%
AES AES Corp. 0.01% 66,654 $1.2M Add +9.3%
CVS CVS Health Corp. 0.01% 14,766 $1.2M Add +4.1%
LMT Lockheed Martin Corp. 0.01% 2,534 $1.2M Add +2.3%
MDLZ Mondelez International Inc. Class A 0.01% 15,671 $1.1M Add +4.3%
TRNO Terreno Realty Corp. 0.01% 16,050 $1.1M Reduce -54.0%
GILD Gilead Sciences Inc. 0.01% 14,360 $1.1M Add +4.3%
EGP Eastgroup Properties Inc. 0.01% 5,725 $1.0M Reduce -54.3%
TMUS T-Mobile US Inc. 0.01% 5,891 $962K Add +3.0%
TGT Target Corp. 0.01% 5,319 $943K Add +4.3%
MO Altria Group Inc. 0.01% 20,431 $891K Add +4.0%
CL Colgate-Palmolive Co. 0.01% 9,479 $854K Add +3.9%
NXT Nextpower Inc. filed as NEXTRACKER INC 0.01% 14,996 $844K Add +78.8%
PYPL PayPal Holdings Inc. 0.01% 12,438 $833K Add +2.5%
USB US Bancorp 0.01% 17,944 $802K Add +4.3%
FDX FedEx Corp. 0.01% 2,668 $773K Add +4.2%
EMR Emerson Electric Co. 0.01% 6,585 $747K Add +3.9%
GD General Dynamics Corp. 0.01% 2,615 $739K Add +4.2%
GM General Motors Co. 0.01% 15,307 $694K Add +0.3%
MMM 3M Co. 0.01% 6,379 $677K Add +4.3%
FLNC Fluence Energy Inc. 0.01% 38,187 $662K Add +166.6%
KGS Kodiak Gas Services Inc. 0.01% 24,000 $656K No change
COF Capital One Financial Corp. 0.01% 4,404 $656K Add +3.9%
TEL Te Connectivity Ltd. 0.01% 4,387 $637K Reduce -1.8%
RUN Sunrun Inc. 0.01% 48,295 $637K Add +17.5%
AIG American International Group 0.01% 8,113 $634K Add +3.1%
GDX Vaneck Gold Miners ETF 0.01% 19,600 $620K Add +34.3%
F Ford Motor Co. filed as FORD MTR CO DEL 0.01% 45,313 $602K Add +4.3%
HUBB Hubbell Inc. 0.01% 1,444 $599K Reduce -32.1%
CCJ Cameco Corp. 0.01% 13,600 $589K Add +5.1%
GEV GE Vernova Inc. 0.01% 4,272 $584K New
KNTK Kinetik Holdings Inc. 0.01% 14,374 $573K New
CEG Constellation Energy 0.01% 2,920 $540K Reduce -26.3%
MET Metlife Inc. 0.01% 7,189 $533K Add +2.9%
DOW Dow Inc. 0.01% 8,135 $471K Add +4.0%
CWEN Clearway Energy Inc. Class C 0.01% 18,318 $422K Reduce -1.9%
INTU Intuit Inc. 0.01% 643 $418K New
GEL Genesis Energy L.P. 0.00% 37,000 $411K No change
SEDG Solaredge Technologies Inc. 0.00% 5,757 $409K Reduce -1.8%
DTM DT Midstream Inc. 0.00% 6,603 $403K Reduce -99.0%
MP MP Materials Corp. 0.00% 26,987 $386K Add +40.0%
SCHP Schwab U.S. Tips ETF 0.00% 6,600 $344K No change
GBNXF Gibson Energy Inc. 0.00% 20,000 $341K New
KHC The Kraft Heinz Co. 0.00% 9,190 $339K Add +4.1%
CHTR Charter Communications Inc. Class A 0.00% 1,162 $338K Add +3.3%
DBA Invesco DB Agriculture Fund 0.00% 13,000 $322K Reduce -38.7%
SHLS Shoals Technologies Group -A 0.00% 27,010 $302K Reduce -1.9%
BE Bloom Energy Corp. Class A 0.00% 20,259 $228K Reduce -1.8%
AY Atlantica Sustainable Infras 0.00% 11,658 $215K Reduce -1.8%
PLUG Plug Power Inc. 0.00% 60,762 $209K New

Portfolio Sells Q4 2023 → Q1 2024
WELL Welltower Inc. Sold out 0.00% −2.28
UDR Udr Inc. Sold out 0.00% −0.81
SUI Sun Communities Inc. Reduce -38.1% 1.11% −0.77
EQIX Equinix Inc. Reduce -21.0% 2.90% −0.70
VICI Vici Properties Inc. Reduce -43.0% 0.71% −0.63
VEU Vanguard Ftse All-World Ex-U Sold out 0.00% −0.57
SBAC SBA Communications Corp. Reduce -79.7% 0.12% −0.56
ARE Alexandria Real Estate Equit Reduce -61.6% 0.34% −0.54
DLR Digital Realty Trust Inc. Reduce -24.6% 1.93% −0.47
DTM DT Midstream Inc. Reduce -99.0% 0.00% −0.44
AMT American Tower Corp. Reduce -2.7% 2.35% −0.30
AEP American Electric Power Reduce -32.8% 0.73% −0.30
AWK American Water Works Co. Inc. Reduce -17.1% 0.92% −0.29
CUBE Cubesmart Reduce -16.1% 1.20% −0.28
VTR Ventas Inc. Reduce -0.3% 1.64% −0.25
DOC Healthpeak Properties Inc. Reduce -58.5% 0.15% −0.23
PCG P G & E Corp. Reduce -26.1% 0.42% −0.20
PLD Prologis Inc. Reduce -1.3% 4.41% −0.19
OGE Oge Energy Corp. Reduce -14.3% 0.82% −0.16
ENB Enbridge Inc. Reduce -20.3% 0.58% −0.15
O Realty Income Corp. Reduce -1.6% 1.73% −0.15
INVH Invitation Homes Inc. Reduce -31.2% 0.35% −0.14
REG Regency Centers Corp. Reduce -3.8% 0.88% −0.14
WES Western Midstream Partners L Sold out 0.00% −0.13
WTRG Essential Utilities Inc. Reduce -8.5% 1.25% −0.13
GLNG Golar LNG Ltd. Sold out 0.00% −0.11
SRE Sempra Reduce -1.5% 1.78% −0.11
CNP Centerpoint Energy Inc. Reduce -4.6% 1.76% −0.10
WEC WEC Energy Group Inc. Reduce -5.1% 1.15% −0.10
PEG Public Service Enterprise GP Reduce -14.5% 1.25% −0.10
CP Canadian Pacific Kansas City Reduce -42.0% 0.15% −0.08
HTO H2O America Sold out 0.00% −0.08
CMS CMS Energy Corp. Reduce -7.3% 1.46% −0.06
MAA Mid-America Apartment Comm Reduce -2.7% 0.75% −0.04
DHR Danaher Corp. Reduce -22.0% 0.20% −0.04
LNN Lindsay Corp. Sold out 0.00% −0.04
LNT Alliant Energy Corp. Reduce -0.6% 1.23% −0.04
EXR Extra Space Storage Inc. Reduce -32.8% 0.06% −0.04
STN Stantec Inc. Reduce -13.9% 0.23% −0.03
VLTO Veralto Corp. Reduce -15.4% 0.24% −0.02
NSC Norfolk Southern Corp. Reduce -13.6% 0.28% −0.02
EGP Eastgroup Properties Inc. Reduce -54.3% 0.01% −0.02
TRNO Terreno Realty Corp. Reduce -54.0% 0.01% −0.01
VMI Valmont Industries Reduce -9.1% 0.10% −0.01
ARRY Array Technologies Inc. Sold out 0.00% −0.01
ELS Equity Lifestyle Properties Sold out 0.00% −0.01
SEDG Solaredge Technologies Inc. Reduce -1.8% 0.00% −0.00
SHLS Shoals Technologies Group -A Reduce -1.9% 0.00% −0.00
DBA Invesco DB Agriculture Fund Reduce -38.7% 0.00% −0.00
HUBB Hubbell Inc. Reduce -32.1% 0.01% −0.00

Portfolio Buys Q4 2023 → Q1 2024
WY Weyerhaeuser Co. Add +1481.8% 2.97% +2.90
KIM Kimco Realty Corp. Add +1217.5% 1.06% +0.97
IRM Iron Mountain Inc. Add +1497.5% 0.86% +0.81
AVB Avalonbay Communities Inc. Add +70.0% 1.91% +0.77
BXP BXP Inc. New 0.57% +0.57
VNO Vornado Realty Trust New 0.47% +0.47
NEE Nextera Energy Inc. Add +25.1% 1.93% +0.45
PPL PPL Corp. Add +248.0% 0.61% +0.44
OKE Oneok Inc. Add +50.3% 1.00% +0.41
SO The Southern Co. Add +17.8% 1.61% +0.27
SPG Simon Property Group Inc. Add +9.9% 1.57% +0.26
GLPI Gaming and Leisure Propertie New 0.25% +0.25
COLD Americold Realty Trust Inc. Add +102.9% 0.61% +0.24
PNR Pentair PLC Add +138.6% 0.37% +0.23
CSX CSX Corp. Add +378.4% 0.24% +0.19
PBA Pembina Pipeline Corp. Add +20.0% 0.79% +0.14
IEX Idex Corp. Add +55.1% 0.29% +0.12
VLO Valero Energy Corp. Add +1029.2% 0.13% +0.12
EVRG Evergy Inc. Add +13.2% 0.87% +0.12
WMB Williams Cos Inc. Add +0.3% 1.09% +0.11
MPC Marathon Petroleum Corp. Add +737.1% 0.12% +0.11
EPD Enterprise Products Partners Add +3.3% 0.91% +0.11
GFL GFL Environmental Inc.-Sub VT New 0.11% +0.11
ETR Entergy Corp. Add +7.2% 1.04% +0.11
KMI Kinder Morgan Inc. Add +32.0% 0.37% +0.10
ECL Ecolab Inc. Add +13.2% 0.39% +0.09
T AT&T Inc. Add +8.1% 0.67% +0.08
WTS Watts Water Technologies-A New 0.07% +0.07
VZ Verizon Communications Inc. Add +0.1% 0.70% +0.07
BRX Brixmor Property Group Inc. Add +4.5% 1.29% +0.06
FERG Ferguson Jersey Ltd. Add +29.0% 0.19% +0.06
ES Eversource Energy Add +12.3% 0.74% +0.06
TTEK Tetra Tech Inc. Add +5.9% 0.37% +0.05
NI Nisource Inc. Add +0.0% 1.36% +0.05
VTI VG Morningstar TS MKT ETF-US Add +0.2% 0.48% +0.04
META Meta Platforms Inc. Class A Add +1.1% 0.15% +0.04
PSA Public Storage Add +7.5% 2.15% +0.04
AMH American Homes 4 Rent- A Add +0.4% 1.50% +0.03
HST Host Hotels & Resorts Inc. Add +3.5% 0.37% +0.03
ENLC Enlink Midstream LLC Add +0.5% 0.27% +0.03
ATO Atmos Energy Corp. Add +0.0% 1.45% +0.03
RHP Ryman Hospitality Properties Add +0.4% 0.61% +0.03
ACM Aecom Add +14.7% 0.16% +0.03
CUZ Cousins Properties Inc. Add +9.2% 0.36% +0.02
SBRA Sabra Health Care REIT Inc. Add +3.6% 0.39% +0.02
EIX Edison International Add +9.1% 0.34% +0.02
LLY Eli Lilly & Co. Add +3.3% 0.09% +0.02
TMO Thermo Fisher Scientific Inc. Add +0.4% 0.25% +0.02
AIRC Apartment Income REIT Co. Add +9.7% 1.04% +0.02
AVGO Broadcom Inc. Add +3.4% 0.08% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 161$10.6BWELL, EQIX, PLD, DLR, VTR
Q1 2026Amended 148$9.6BWELL, EQIX, PLD, DLR, VTR
Q4 2025 146$8.8BWELL, PLD, EQIX, DLR, VTR
Q3 2025 151$8.8BWELL, EQIX, PLD, DLR, SRE
Q2 2025 154$8.5BWELL, EQIX, PLD, DLR, AMT
Q1 2025 153$8.5BWELL, PLD, EQIX, DLR, VTR
Q4 2024 156$8.4BEQIX, WELL, PLD, DLR, AVB
Q3 2024 156$8.7BEQIX, PLD, WELL, AMT, DLR
Q2 2024 229$7.8BPLD, EQIX, WELL, AMT, AVB
Q1 2024 249$8.4BPLD, WY, EQIX, AMT, PSA