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
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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
AIR PRODS & CHEMS INC COM 009158106   7,638,764 26,954 SH   SOLE   26,954 0 0
ALCON AG ORD SHS H01301128   6,318,226 81,991 SH   SOLE   81,991 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   7,418,311 74,109 SH   SOLE   74,109 0 0
APPLE INC COM 037833100   7,023,034 41,020 SH   SOLE   41,020 0 0
BANK AMERICA CORP COM 060505104   6,867,424 250,819 SH   SOLE   250,819 0 0
BECTON DICKINSON & CO COM 075887109   8,227,201 31,823 SH   SOLE   31,823 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   8,387,883 144,519 SH   SOLE   144,519 0 0
CAMDEN PPTY TR SH BEN INT 133131102   6,532,262 69,066 SH   SOLE   69,066 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   7,537,891 136,556 SH   SOLE   136,556 0 0
COCA COLA CO COM 191216100   8,196,536 146,419 SH   SOLE   146,419 0 0
COTERRA ENERGY INC COM 127097103   9,921,697 366,791 SH   SOLE   366,791 0 0
FERGUSON PLC NEW SHS G3421J106   8,033,537 48,845 SH   SOLE   48,845 0 0
HOME DEPOT INC COM 437076102   7,077,796 23,424 SH   SOLE   23,424 0 0
HUMANA INC COM 444859102   4,850,118 9,969 SH   SOLE   9,969 0 0
JPMORGAN CHASE & CO COM 46625H100   8,631,445 59,519 SH   SOLE   59,519 0 0
LAM RESEARCH CORP COM 512807108   6,802,335 10,853 SH   SOLE   10,853 0 0
MARTIN MARIETTA MATLS INC COM 573284106   6,911,252 16,837 SH   SOLE   16,837 0 0
MICROSOFT CORP COM 594918104   7,059,854 22,359 SH   SOLE   22,359 0 0
MORGAN STANLEY COM NEW 617446448   8,300,612 101,636 SH   SOLE   101,636 0 0
PNC FINL SVCS GROUP INC COM 693475105   6,357,890 51,787 SH   SOLE   51,787 0 0
PROLOGIS INC. COM 74340W103   7,368,494 65,667 SH   SOLE   65,667 0 0
RAYONIER INC COM 754907103   6,790,698 238,605 SH   SOLE   238,605 0 0
SEMPRA COM 816851109   7,043,282 103,532 SH   SOLE   103,532 0 0
TARGET CORP COM 87612E106   5,333,344 48,235 SH   SOLE   48,235 0 0
TECK RESOURCES LTD CL B 878742204   7,360,634 170,820 SH   SOLE   170,820 0 0
TEXAS INSTRS INC COM 882508104   7,314,619 46,001 SH   SOLE   46,001 0 0
TRUIST FINL CORP COM 89832Q109   5,698,368 199,174 SH   SOLE   199,174 0 0
UNION PAC CORP COM 907818108   7,562,818 37,140 SH   SOLE   37,140 0 0
VALERO ENERGY CORP COM 91913Y100   11,362,308 80,180 SH   SOLE   80,180 0 0