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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACADIA RLTY TR COM SH BEN INT 004239109   417,083 29,065 SH   SOLE   29,065 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   5,822,070 172,813 SH   SOLE   172,813 0 0
AMERICOLD REALTY TRUST INC COM 03064D108   381,098 12,532 SH   SOLE   12,532 0 0
APARTMENT INCOME REIT CORP COM 03750L109   880,230 28,672 SH   SOLE   28,672 0 0
AVALONBAY CMNTYS INC COM 053484101   1,651,108 9,614 SH   SOLE   9,614 0 0
BRIDGE INVT GROUP HLDGS INC COM CL A 10806B100   685,179 74,476 SH   SOLE   74,476 0 0
BRIXMOR PPTY GROUP INC COM 11120U105   4,007,319 192,845 SH   SOLE   192,845 0 0
BROADSTONE NET LEASE INC COM 11135E203   603,217 42,183 SH   SOLE   42,183 0 0
CBRE GROUP INC CL A 12504L109   2,430,806 32,911 SH   SOLE   32,911 0 0
CENTERSPACE COM 15202L107   433,269 7,190 SH   SOLE   7,190 0 0
COPT DEFENSE PROPERTIES SHS BEN INT 22002T108   604,091 25,350 SH   SOLE   25,350 0 0
CUBESMART COM 229663109   602,187 15,793 SH   SOLE   15,793 0 0
DIGITAL RLTY TR INC COM 253868103   2,983,990 24,657 SH   SOLE   24,657 0 0
EMPIRE ST RLTY TR INC CL A 292104106   335,204 41,692 SH   SOLE   41,692 0 0
EQUINIX INC COM 29444U700   2,930,459 4,035 SH   SOLE   4,035 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   4,143,341 70,573 SH   SOLE   70,573 0 0
ESSENTIAL PPTYS RLTY TR INC COM 29670E107   3,274,220 151,374 SH   SOLE   151,374 0 0
FIRST INDL RLTY TR INC COM 32054K103   2,012,534 42,289 SH   SOLE   42,289 0 0
HEALTHCARE RLTY TR CL A COM 42226K105   536,695 35,147 SH   SOLE   35,147 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   3,023,139 164,659 SH   SOLE   164,659 0 0
IHS HOLDING LIMITED ORD SHS G4701H109   131,829 23,753 SH   SOLE   23,753 0 0
INVENTRUST PPTYS CORP COM NEW 46124J201   4,709,166 197,781 SH   SOLE   197,781 0 0
INVITATION HOMES INC COM 46187W107   4,948,710 156,160 SH   SOLE   156,160 0 0
IRON MTN INC DEL COM 46284V101   327,213 5,504 SH   SOLE   5,504 0 0
MARRIOTT INTL INC NEW CL A 571903202   201,474 1,025 SH   SOLE   1,025 0 0
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106   258,491 8,144 SH   SOLE   8,144 0 0
NEWMARK GROUP INC CL A 65158N102   2,183,673 339,607 SH   SOLE   339,607 0 0
NNN REIT INC COM 637417106   605,339 17,129 SH   SOLE   17,129 0 0
OMEGA HEALTHCARE INVS INC COM 681936100   4,481,541 135,149 SH   SOLE   135,149 0 0
PROLOGIS INC. COM 74340W103   4,559,878 40,637 SH   SOLE   40,637 0 0
REXFORD INDL RLTY INC COM 76169C100   1,982,340 40,169 SH   SOLE   40,169 0 0
SABRA HEALTH CARE REIT INC COM 78573L106   3,390,138 243,195 SH   SOLE   243,195 0 0
SITE CTRS CORP COM 82981J109   3,151,560 255,601 SH   SOLE   255,601 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102   3,574,978 152,062 SH   SOLE   152,062 0 0
SPIRIT RLTY CAP INC NEW COM NEW 84860W300   1,594,352 47,550 SH   SOLE   47,550 0 0
SUN CMNTYS INC COM 866674104   661,639 5,591 SH   SOLE   5,591 0 0
TERRENO RLTY CORP COM 88146M101   401,633 7,071 SH   SOLE   7,071 0 0
UDR INC COM 902653104   3,337,535 93,567 SH   SOLE   93,567 0 0
VENTAS INC COM 92276F100   3,688,187 87,543 SH   SOLE   87,543 0 0
VICI PPTYS INC COM 925652109   5,115,198 175,780 SH   SOLE   175,780 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104   891,899 29,090 SH   SOLE   29,090 0 0