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 5,508 83,000 SH   SOLE   83,000 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 2,475 12,300 SH   SOLE   12,300 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 4,097 73,200 SH   SOLE   73,200 0 0
AMERICAN TOWER CORP NEW COM 03027X100 26,519 105,560 SH   SOLE   105,560 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 988 5,970 SH   SOLE   5,970 0 0
AMERICOLD RLTY TR COM 03064D108 10,282 368,800 SH   SOLE   368,800 0 0
APARTMENT INCOME REIT CORP COM 03750L109 1,199 22,430 SH   SOLE   22,430 0 0
AVALONBAY CMNTYS INC COM 053484101 30,897 124,400 SH   SOLE   124,400 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 5,475 387,200 SH   SOLE   387,200 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 18,929 733,400 SH   SOLE   733,400 0 0
CAMDEN PPTY TR SH BEN INT 133131102 27,622 166,200 SH   SOLE   166,200 0 0
CHENIERE ENERGY INC COM NEW 16411R208 652 4,700 SH   SOLE   4,700 0 0
CONSOLIDATED EDISON INC COM 209115104 1,023 10,800 SH   SOLE   10,800 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 2,900 101,600 SH   SOLE   101,600 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 5,819 31,520 SH   SOLE   31,520 0 0
CUBESMART COM 229663109 1,811 34,800 SH   SOLE   34,800 0 0
DIGITAL RLTY TR INC COM 253868103 1,414 9,970 SH   SOLE   9,970 0 0
DUKE REALTY CORP COM NEW 264411505 33,431 575,800 SH   SOLE   575,800 0 0
EASTERLY GOVT PPTYS INC COM 27616P103 1,535 72,600 SH   SOLE   72,600 0 0
EDISON INTL COM 281020107 683 9,750 SH   SOLE   9,750 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 5,422 60,300 SH   SOLE   60,300 0 0
EVERSOURCE ENERGY COM 30040W108 1,096 12,430 SH   SOLE   12,430 0 0
EXTRA SPACE STORAGE INC COM 30225T102 1,789 8,700 SH   SOLE   8,700 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 1,801 38,374 SH   SOLE   38,374 0 0
HEALTHCARE RLTY TR COM 421946104 709 25,800 SH   SOLE   25,800 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 3,018 96,300 SH   SOLE   96,300 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 2,077 60,500 SH   SOLE   60,500 0 0
HIGHWOODS PPTYS INC COM 431284108 4,153 90,800 SH   SOLE   90,800 0 0
HUDSON PAC PPTYS INC COM 444097109 27,478 990,200 SH   SOLE   990,200 0 0
INVITATION HOMES INC COM 46187W107 16,036 399,100 SH   SOLE   399,100 0 0
KINDER MORGAN INC DEL COM 49456B101 2,286 120,900 SH   SOLE   120,900 0 0
KITE RLTY GROUP TR COM NEW 49803T300 1,639 71,973 SH   SOLE   71,973 0 0
LIFE STORAGE INC COM 53223X107 21,609 153,875 SH   SOLE   153,875 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 26,199 1,239,300 SH   SOLE   1,239,300 0 0
ONEOK INC NEW COM 682680103 943 13,350 SH   SOLE   13,350 0 0
PARAMOUNT GROUP INC COM 69924R108 16,398 1,503,040 SH   SOLE   1,503,040 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 1,915 111,200 SH   SOLE   111,200 0 0
PROLOGIS INC. COM 74340W103 24,593 152,300 SH   SOLE   152,300 0 0
REALTY INCOME CORP COM 756109104 4,297 62,000 SH   SOLE   62,000 0 0
REGENCY CTRS CORP COM 758849103 5,315 74,500 SH   SOLE   74,500 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 13,111 880,500 SH   SOLE   880,500 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 2,233 6,490 SH   SOLE   6,490 0 0
SEMPRA COM 816851109 807 4,800 SH   SOLE   4,800 0 0
SIMON PPTY GROUP INC NEW COM 828806109 28,456 216,300 SH   SOLE   216,300 0 0
SUN CMNTYS INC COM 866674104 23,103 131,800 SH   SOLE   131,800 0 0
VENTAS INC COM 92276F100 1,488 24,100 SH   SOLE   24,100 0 0
VICI PPTYS INC COM 925652109 22,964 806,900 SH   SOLE   806,900 0 0
WELLTOWER INC COM 95040Q104 21,819 226,950 SH   SOLE   226,950 0 0
WILLIAMS COS INC COM 969457100 996 29,800 SH   SOLE   29,800 0 0
WP CAREY INC COM 92936U109 25,731 318,300 SH   SOLE   318,300 0 0