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
Estimated average burden
hours per response: 23.8
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
AGREE RLTY CORP COM 008492100 5,909 82,800 SH   SOLE   82,800 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 4,217 73,600 SH   SOLE   73,600 0 0
AMERICAN TOWER CORP NEW COM 03027X100 32,427 110,860 SH   SOLE   110,860 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,127 5,970 SH   SOLE   5,970 0 0
AMERICOLD RLTY TR COM 03064D108 15,074 459,700 SH   SOLE   459,700 0 0
APARTMENT INCOME REIT CORP COM 03750L109 1,232 22,530 SH   SOLE   22,530 0 0
AVALONBAY CMNTYS INC COM 053484101 36,322 143,800 SH   SOLE   143,800 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 5,199 387,400 SH   SOLE   387,400 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 39,906 1,570,500 SH   SOLE   1,570,500 0 0
CAMDEN PPTY TR SH BEN INT 133131102 34,003 190,300 SH   SOLE   190,300 0 0
CHENIERE ENERGY INC COM NEW 16411R208 852 8,400 SH   SOLE   8,400 0 0
CONSOLIDATED EDISON INC COM 209115104 921 10,800 SH   SOLE   10,800 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 2,845 101,700 SH   SOLE   101,700 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 6,621 31,720 SH   SOLE   31,720 0 0
CUBESMART COM 229663109 2,032 35,700 SH   SOLE   35,700 0 0
DIGITAL RLTY TR INC COM 253868103 1,781 10,070 SH   SOLE   10,070 0 0
DUKE REALTY CORP COM NEW 264411505 25,672 391,101 SH   SOLE   391,101 0 0
EASTERLY GOVT PPTYS INC COM 27616P103 1,705 74,400 SH   SOLE   74,400 0 0
EDISON INTL COM 281020107 665 9,750 SH   SOLE   9,750 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 5,466 60,400 SH   SOLE   60,400 0 0
EVERSOURCE ENERGY COM 30040W108 1,131 12,430 SH   SOLE   12,430 0 0
EXTRA SPACE STORAGE INC COM 30225T102 2,018 8,900 SH   SOLE   8,900 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 1,867 38,374 SH   SOLE   38,374 0 0
HEALTHCARE RLTY TR COM 421946104 810 25,600 SH   SOLE   25,600 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 3,215 96,300 SH   SOLE   96,300 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 2,183 60,500 SH   SOLE   60,500 0 0
HIGHWOODS PPTYS INC COM 431284108 4,053 90,900 SH   SOLE   90,900 0 0
HOST HOTELS & RESORTS INC COM 44107P104 21,414 1,231,400 SH   SOLE   1,231,400 0 0
HUDSON PAC PPTYS INC COM 444097109 25,412 1,028,400 SH   SOLE   1,028,400 0 0
INVITATION HOMES INC COM 46187W107 34,304 756,600 SH   SOLE   756,600 0 0
KINDER MORGAN INC DEL COM 49456B101 1,917 120,900 SH   SOLE   120,900 0 0
KITE RLTY GROUP TR COM NEW 49803T300 1,568 71,973 SH   SOLE   71,973 0 0
LIFE STORAGE INC COM 53223X107 17,627 115,075 SH   SOLE   115,075 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 30,717 1,299,900 SH   SOLE   1,299,900 0 0
ONEOK INC NEW COM 682680103 784 13,350 SH   SOLE   13,350 0 0
PARAMOUNT GROUP INC COM 69924R108 16,889 2,025,116 SH   SOLE   2,025,116 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 2,044 111,200 SH   SOLE   111,200 0 0
PROLOGIS INC. COM 74340W103 47,336 281,160 SH   SOLE   281,160 0 0
REALTY INCOME CORP COM 756109104 4,272 62,200 SH   SOLE   62,200 0 0
REGENCY CTRS CORP COM 758849103 5,659 75,100 SH   SOLE   75,100 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 14,862 1,097,600 SH   SOLE   1,097,600 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 2,525 6,490 SH   SOLE   6,490 0 0
SEMPRA COM 816851109 1,310 9,900 SH   SOLE   9,900 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,917 12,000 SH   SOLE   12,000 0 0
SUN CMNTYS INC COM 866674104 31,905 151,950 SH   SOLE   151,950 0 0
VENTAS INC COM 92276F100 3,021 59,100 SH   SOLE   59,100 0 0
VICI PPTYS INC COM 925652109 18,448 612,700 SH   SOLE   612,700 0 0
WELLTOWER INC COM 95040Q104 23,720 276,550 SH   SOLE   276,550 0 0
WILLIAMS COS INC COM 969457100 1,562 60,000 SH   SOLE   60,000 0 0
WP CAREY INC COM 92936U109 37,087 452,000 SH   SOLE   452,000 0 0