| TPL Texas Pacific Land Corp. | 10.87% | 165,000 | $146.0M | No change |
| FCX Freeport-McMoran Inc. | 8.08% | 2,175,000 | $108.6M | No change |
| NVDA Nvidia Corp. | 7.78% | 860,000 | $104.4M | Reduce -5.5% |
| META Meta Platforms Inc. Class A | 6.61% | 155,000 | $88.7M | No change |
| PLTR Palantir Technologies Inc. Class A | 4.36% | 1,575,000 | $58.6M | No change |
| COST Costco Wholesale Corp. | 3.76% | 57,000 | $50.5M | No change |
| PH Parker Hannifin Corp. | 2.96% | 63,000 | $39.8M | No change |
| AVGO Broadcom Inc. | 2.83% | 220,000 | $38.0M | No change |
| LMT Lockheed Martin Corp. | 2.52% | 58,000 | $33.9M | No change |
| LEN Lennar Corp. Class A | 1.81% | 130,000 | $24.4M | No change |
| CCJ Cameco Corp. | 1.78% | 500,000 | $23.9M | No change |
| CVX Chevron Corp. | 1.64% | 150,000 | $22.1M | No change |
| MS Morgan Stanley | 1.44% | 185,000 | $19.3M | No change |
| PLD Prologis Inc. | 1.41% | 150,000 | $18.9M | No change |
| AMGN Amgen Inc. | 1.39% | 58,000 | $18.7M | No change |
| ESS Essex Property Trust Inc. | 1.32% | 60,000 | $17.7M | No change |
| XOM Exxon Mobil Corp. | 1.31% | 150,000 | $17.6M | No change |
| APD Air Products & Chemicals Inc. | 1.29% | 58,000 | $17.3M | No change |
| WSM Williams-Sonoma Inc. | 1.27% | 110,000 | $17.0M | Reduce -8.3% |
| SPG Simon Property Group Inc. | 1.26% | 100,000 | $16.9M | No change |
| ITW Illinois Tool Works | 1.23% | 63,000 | $16.5M | No change |
| ADSK Autodesk Inc. | 1.19% | 58,000 | $16.0M | No change |
| FDX FedEx Corp. | 1.18% | 58,000 | $15.9M | No change |
| COP Conocophillips | 1.18% | 150,000 | $15.8M | No change |
| NUE Nucor Corp. | 1.15% | 103,000 | $15.5M | No change |
| V Visa Inc. Class A | 1.08% | 53,000 | $14.6M | No change |
| CSR Centerspace | 1.05% | 200,000 | $14.1M | No change |
| UBER Uber Technologies Inc. | 1.04% | 185,000 | $13.9M | No change |
| DVN Devon Energy Corp. | 1.02% | 350,000 | $13.7M | No change |
| AVB Avalonbay Communities Inc. | 1.01% | 60,000 | $13.5M | No change |
| CP Canadian Pacific Kansas City | 0.99% | 155,000 | $13.3M | Reduce -6.1% |
| AFRM Affirm Holdings Inc. | 0.96% | 315,000 | $12.9M | No change |
| DLR Digital Realty Trust Inc. | 0.90% | 75,000 | $12.1M | No change |
| SCHW Schwab (charles) Corp. | 0.89% | 185,000 | $12.0M | No change |
| MUR Murphy Oil Corp. | 0.88% | 350,000 | $11.8M | No change |
| R Ryder System Inc. | 0.87% | 80,000 | $11.7M | No change |
| FRT Federal Realty Invs Trust | 0.86% | 100,000 | $11.5M | No change |
| RIO Rio Tinto PLC-Spon ADR | 0.85% | 160,000 | $11.4M | No change |
| CNQ Canadian Natural Resources | 0.79% | 320,000 | $10.6M | No change |
| BHP BHP Group Ltd.-Spon ADR | 0.74% | 160,000 | $9.9M | No change |
| PSX Phillips 66 | 0.73% | 75,000 | $9.9M | No change |
| DINO HF Sinclair Corp. | 0.71% | 215,000 | $9.6M | No change |
| A Agilent Technologies Inc. | 0.71% | 64,000 | $9.5M | No change |
| AMT American Tower Corp. | 0.69% | 40,000 | $9.3M | No change |
| OXY Occidental Petroleum Corp. | 0.69% | 180,000 | $9.3M | No change |
| REG Regency Centers Corp. | 0.67% | 125,000 | $9.0M | No change |
| FLR Fluor Corp. | 0.66% | 185,000 | $8.8M | No change |
| BIREF Birchcliff Energy Ltd. | 0.65% | 2,100,000 | $8.8M | No change |
| VNOM Viper Energy Inc. | 0.59% | 175,000 | $7.9M | No change |
| OUT Outfront Media Inc. | 0.55% | 400,000 | $7.4M | No change |
| OVV Ovintiv Inc. | 0.54% | 190,000 | $7.3M | No change |
| NTR Nutrien Ltd. | 0.52% | 145,000 | $7.0M | No change |
| KIM Kimco Realty Corp. | 0.52% | 300,000 | $7.0M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.50% | 70,000 | $6.7M | No change |
| WYNN WYNN Resorts Ltd. | 0.50% | 70,000 | $6.7M | Reduce -50.0% |
| SOUHY SOUTH32 - ADR | 0.48% | 500,000 | $6.4M | No change |
| ALB Albemarle Corp. | 0.42% | 60,000 | $5.7M | No change |
| UDR Udr Inc. | 0.42% | 125,000 | $5.7M | No change |
| WY Weyerhaeuser Co. | 0.38% | 150,000 | $5.1M | No change |
| HIW Highwoods Properties Inc. | 0.37% | 150,000 | $5.0M | No change |
| BP BP PLC-Spons ADR | 0.37% | 160,000 | $5.0M | No change |
| INTC Intel Corp. | 0.37% | 210,000 | $4.9M | No change |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.37% | 250,000 | $4.9M | No change |
| STT State Street Corp. | 0.36% | 55,000 | $4.9M | No change |
| BXP BXP Inc. | 0.36% | 60,000 | $4.8M | No change |
| IPGP Ipg Photonics Corp. | 0.35% | 64,000 | $4.8M | No change |
| APA Apa Corp. | 0.33% | 180,000 | $4.4M | No change |
| VNO Vornado Realty Trust | 0.29% | 100,000 | $3.9M | No change |
| ALEX Alexander & Baldwin Inc. | 0.18% | 125,000 | $2.4M | No change |
| VALE Vale SA-SP ADR | 0.17% | 200,000 | $2.3M | No change |