| PLD Prologis Inc. | 9.00% | 129,053 | $17.5M | No change |
| EQIX Equinix Inc. | 7.68% | 14,314 | $14.9M | No change |
| WELL Welltower Inc. | 7.04% | 60,253 | $13.7M | No change |
| SPG Simon Property Group Inc. | 4.89% | 42,508 | $9.5M | No change |
| O Realty Income Corp. | 4.52% | 141,870 | $8.8M | No change |
| DLR Digital Realty Trust Inc. | 4.35% | 47,119 | $8.5M | No change |
| PSA Public Storage | 3.83% | 23,389 | $7.4M | No change |
| VTR Ventas Inc. | 3.05% | 66,679 | $5.9M | No change |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 2.76% | 42,500 | $5.4M | No change |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 2.57% | 188,000 | $5.0M | No change |
| DOC Healthpeak Properties Inc. | 2.22% | 201,473 | $4.3M | Reduce -6.5% |
| AVB Avalonbay Communities Inc. | 2.15% | 22,120 | $4.2M | No change |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 1.89% | 54,056 | $3.7M | No change |
| WPC WP Carey Inc. | 1.69% | 45,800 | $3.3M | Add +3.4% |
| EXR Extra Space Storage Inc. | 1.67% | 22,340 | $3.2M | No change |
| INVH Invitation Homes Inc. | 1.67% | 107,110 | $3.2M | No change |
| ESS Essex Property Trust Inc. | 1.56% | 10,395 | $3.0M | No change |
| BRX Brixmor Property Group Inc. | 1.56% | 96,000 | $3.0M | No change |
| LAMR Lamar Advertising Co. Class A | 1.42% | 17,700 | $2.8M | No change |
| NNN NNN REIT Inc. | 1.31% | 54,700 | $2.5M | Add +4.8% |
| HST Host Hotels & Resorts Inc. | 1.28% | 104,998 | $2.5M | No change |
| AMH American Homes 4 Rent- A | 1.26% | 73,000 | $2.4M | No change |
| MAA Mid-America Apartment Comm | 1.19% | 16,640 | $2.3M | No change |
| OHI Omega Healthcare Investors | 1.14% | 46,300 | $2.2M | No change |
| CUBE Cubesmart | 1.10% | 53,800 | $2.1M | No change |
| STAG Stag Industrial Inc. | 1.06% | 53,880 | $2.1M | No change |
| KRG Kite Realty Group Trust | 0.99% | 67,500 | $1.9M | No change |
| EPR Epr Properties filed as EPR PPTYS | 0.98% | 32,962 | $1.9M | No change |
| SBRA Sabra Health Care REIT Inc. | 0.98% | 97,730 | $1.9M | No change |
| BNL Broadstone Net Lease Inc. | 0.96% | 90,000 | $1.9M | No change |
| SILA Sila Realty Trust Inc. | 0.94% | 60,000 | $1.8M | No change |
| EPRT Essential Properties Realty | 0.93% | 60,500 | $1.8M | No change |
| LXP LXP Industrial Trust | 0.93% | 33,400 | $1.8M | No change |
| GLPI Gaming and Leisure Propertie | 0.92% | 40,172 | $1.8M | No change |
| UDR Udr Inc. | 0.90% | 43,605 | $1.7M | No change |
| CPT Camden Property Trust | 0.89% | 15,086 | $1.7M | No change |
| LTC LTC Properties Inc. filed as LTC PPTYS INC | 0.88% | 44,500 | $1.7M | Add +7.2% |
| KIM Kimco Realty Corp. | 0.86% | 65,731 | $1.7M | Add +17.9% |
| CTRE Caretrust REIT Inc. | 0.85% | 41,000 | $1.7M | No change |
| COLD Americold Realty Trust Inc. | 0.82% | 102,000 | $1.6M | No change |
| GTY Getty Realty Corp. | 0.81% | 47,000 | $1.6M | No change |
| MRP Millrose Properties | 0.77% | 49,500 | $1.5M | Add +11.2% |
| OUT Outfront Media Inc. | 0.72% | 42,617 | $1.4M | No change |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.69% | 88,900 | $1.3M | No change |
| HR Healthcare Realty Trust Inc. | 0.67% | 64,719 | $1.3M | No change |
| CUZ Cousins Properties Inc. | 0.63% | 40,977 | $1.2M | No change |
| FCPT Four Corners Property Trust | 0.56% | 44,500 | $1.1M | No change |
| PECO Phillips Edison & Company Inc. | 0.55% | 25,500 | $1.1M | Add +59.4% |
| XRN Chiron Real Estate Inc. | 0.54% | 27,800 | $1.0M | No change |
| ARE Alexandria Real Estate Equit | 0.51% | 18,700 | $988K | No change |
| NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC | 0.48% | 12,200 | $930K | Add +74.3% |
| BXP BXP Inc. | 0.47% | 13,717 | $910K | No change |
| APLE Apple Hospitality REIT Inc. | 0.43% | 50,000 | $841K | No change |
| RLJ RLJ Lodging Trust | 0.42% | 69,200 | $820K | No change |
| IRT Independence Realty Trust Inc. | 0.38% | 44,500 | $743K | No change |
| PK Park Hotels & Resorts Inc. | 0.38% | 52,038 | $742K | No change |
| CHCT Community Healthcare Trust I | 0.38% | 40,000 | $731K | No change |
| REG Regency Centers Corp. | 0.37% | 9,000 | $718K | No change |
| VNO Vornado Realty Trust | 0.37% | 18,265 | $718K | No change |
| KRC Kilroy Realty Corp. | 0.35% | 18,000 | $674K | No change |
| CSR Centerspace | 0.31% | 10,780 | $606K | No change |
| HIW Highwoods Properties Inc. | 0.31% | 19,802 | $597K | No change |
| IIPR Innovative Industrial Proper | 0.27% | 8,400 | $521K | No change |
| INN Summit Hotel Properties Inc. | 0.25% | 69,000 | $484K | No change |
| CLDT Chatham Lodging Trust | 0.24% | 36,000 | $476K | No change |
| MAC The Macerich Co. | 0.24% | 18,720 | $472K | No change |
| SKT Tanger Inc. | 0.22% | 11,000 | $434K | No change |
| BDN Brandywine Realty Trust | 0.21% | 131,400 | $417K | No change |
| MPT Medical Properties Trust Inc. | 0.21% | 87,000 | $402K | No change |
| GNL Global Net Lease Inc. | 0.14% | 30,976 | $277K | No change |
| NSA National Storage Affiliates | 0.12% | 5,300 | $236K | No change |
| DBRG Digitalbridge Group Inc. | 0.12% | 14,233 | $225K | No change |
| HPP Hudson Pacific Properties Inc. | 0.09% | 12,071 | $183K | No change |
| PEB Pebblebrook Hotel Trust | 0.09% | 8,911 | $173K | No change |
| PW Power REIT | 0.04% | 7,852 | $76K | No change |
| SITC Site Centers Corp. filed as SITE CTRS CORP | 0.02% | 7,500 | $30K | No change |