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 4,746 65,800 SH   SOLE   65,800 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 12,270 84,600 SH   SOLE   84,600 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 322 5,000 SH   SOLE   5,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100 22,712 88,860 SH   SOLE   88,860 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 888 5,970 SH   SOLE   5,970 0 0
AMERICOLD REALTY TRUST INC COM 03064D108 5,629 187,400 SH   SOLE   187,400 0 0
APARTMENT INCOME REIT CORP COM 03750L109 933 22,430 SH   SOLE   22,430 0 0
AVALONBAY CMNTYS INC COM 053484101 23,019 118,500 SH   SOLE   118,500 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 3,108 322,400 SH   SOLE   322,400 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 13,664 676,100 SH   SOLE   676,100 0 0
CAMDEN PPTY TR SH BEN INT 133131102 21,934 163,100 SH   SOLE   163,100 0 0
CHENIERE ENERGY INC COM NEW 16411R208 625 4,700 SH   SOLE   4,700 0 0
CONSOLIDATED EDISON INC COM 209115104 1,027 10,800 SH   SOLE   10,800 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 2,252 86,000 SH   SOLE   86,000 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 5,324 31,620 SH   SOLE   31,620 0 0
CUBESMART COM 229663109 1,491 34,900 SH   SOLE   34,900 0 0
DIGITAL RLTY TR INC COM 253868103 1,307 10,070 SH   SOLE   10,070 0 0
DUKE REALTY CORP COM NEW 264411505 36,795 669,600 SH   SOLE   669,600 0 0
EASTERLY GOVT PPTYS INC COM 27616P103 1,815 95,300 SH   SOLE   95,300 0 0
EDISON INTL COM 281020107 617 9,750 SH   SOLE   9,750 0 0
EQUINIX INC COM 29444U700 11,169 17,000 SH   SOLE   17,000 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 3,488 48,300 SH   SOLE   48,300 0 0
EVERSOURCE ENERGY COM 30040W108 1,050 12,430 SH   SOLE   12,430 0 0
EXTRA SPACE STORAGE INC COM 30225T102 1,480 8,700 SH   SOLE   8,700 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 2,893 63,074 SH   SOLE   63,074 0 0
HEALTHCARE RLTY TR COM 421946104 713 26,200 SH   SOLE   26,200 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 1,987 71,200 SH   SOLE   71,200 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 1,169 45,100 SH   SOLE   45,100 0 0
HIGHWOODS PPTYS INC COM 431284108 2,605 76,200 SH   SOLE   76,200 0 0
HUDSON PAC PPTYS INC COM 444097109 15,816 1,065,800 SH   SOLE   1,065,800 0 0
INVITATION HOMES INC COM 46187W107 13,880 390,100 SH   SOLE   390,100 0 0
KINDER MORGAN INC DEL COM 49456B101 2,050 122,300 SH   SOLE   122,300 0 0
KITE RLTY GROUP TR COM NEW 49803T300 978 56,573 SH   SOLE   56,573 0 0
LIFE STORAGE INC COM 53223X107 30,949 277,175 SH   SOLE   277,175 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 19,219 1,258,600 SH   SOLE   1,258,600 0 0
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 2,228 44,500 SH   SOLE   44,500 0 0
ONEOK INC NEW COM 682680103 741 13,350 SH   SOLE   13,350 0 0
PARAMOUNT GROUP INC COM 69924R108 8,733 1,207,940 SH   SOLE   1,207,940 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 1,110 84,600 SH   SOLE   84,600 0 0
PROLOGIS INC. COM 74340W103 12,906 109,700 SH   SOLE   109,700 0 0
REALTY INCOME CORP COM 756109104 3,652 53,500 SH   SOLE   53,500 0 0
REGENCY CTRS CORP COM 758849103 3,778 63,700 SH   SOLE   63,700 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 13,733 983,000 SH   SOLE   983,000 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 2,109 6,590 SH   SOLE   6,590 0 0
SEMPRA COM 816851109 721 4,800 SH   SOLE   4,800 0 0
SIMON PPTY GROUP INC NEW COM 828806109 22,411 236,100 SH   SOLE   236,100 0 0
SUN CMNTYS INC COM 866674104 21,657 135,900 SH   SOLE   135,900 0 0
VENTAS INC COM 92276F100 1,239 24,100 SH   SOLE   24,100 0 0
VICI PPTYS INC COM 925652109 19,232 645,600 SH   SOLE   645,600 0 0
WELLTOWER INC COM 95040Q104 3,611 43,850 SH   SOLE   43,850 0 0
WILLIAMS COS INC COM 969457100 930 29,800 SH   SOLE   29,800 0 0
WP CAREY INC COM 92936U109 18,585 224,300 SH   SOLE   224,300 0 0