The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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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 | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| Alexander & Baldwin Inc | COM | 014491104 | 10,771 | 586,036 | SH | SOLE | 78,455 | 0 | 507,581 | ||
| Alexandria Real Estate Equit | COM | 015271109 | 85,004 | 737,631 | SH | SOLE | 368,072 | 0 | 369,559 | ||
| American Tower Corp. | COM | 03027X100 | 38,885 | 245,812 | SH | SOLE | 171,992 | 0 | 73,820 | ||
| Americold Realty Trust | COM | 03064D108 | 31,609 | 1,237,632 | SH | SOLE | 802,753 | 0 | 434,879 | ||
| Apartment Investment & Manag | COM | 03748R101 | 24,924 | 568,012 | SH | SOLE | 76,235 | 0 | 491,777 | ||
| Boston Properties, Inc. | COM | 101121101 | 67,147 | 596,593 | SH | SOLE | 256,399 | 0 | 340,194 | ||
| Camden Property Trust | COM | 133131102 | 48,196 | 547,380 | SH | SOLE | 233,564 | 0 | 313,816 | ||
| CoreSite Realty Corp. | COM | 21870Q105 | 15,420 | 176,770 | SH | SOLE | 40,820 | 0 | 135,950 | ||
| Corporate Office Properties | COM | 22002T108 | 16,428 | 781,190 | SH | SOLE | 781,190 | 0 | 0 | ||
| Cubesmart | COM | 229663109 | 42,062 | 1,466,052 | SH | SOLE | 298,639 | 0 | 1,167,413 | ||
| Cushman & Wakefield PLC | COM | G2717B108 | 11,552 | 798,350 | SH | SOLE | 129,325 | 0 | 669,025 | ||
| DiamondRock Hospitality | COM | 252784301 | 22,223 | 2,447,430 | SH | SOLE | 327,625 | 0 | 2,119,805 | ||
| Digital Realty Trust | COM | 253868103 | 26,092 | 244,883 | SH | SOLE | 40,940 | 0 | 203,943 | ||
| Duke Realty Corporation | COM | 264411505 | 33,896 | 1,308,760 | SH | SOLE | 296,148 | 0 | 1,012,612 | ||
| Equinix Inc. | COM | 29444U700 | 97,351 | 276,128 | SH | SOLE | 122,345 | 0 | 153,783 | ||
| Equity Residential | COM | 29476L107 | 108,327 | 1,641,067 | SH | SOLE | 767,482 | 0 | 873,585 | ||
| Essex Property Trust, Inc. | COM | 297178105 | 81,921 | 334,085 | SH | SOLE | 169,480 | 0 | 164,605 | ||
| Extra Space Storage, Inc | COM | 30225T102 | 78,085 | 863,006 | SH | SOLE | 374,460 | 0 | 488,546 | ||
| Four Corners Property Trust | COM | 35086T109 | 13,123 | 500,882 | SH | SOLE | 67,235 | 0 | 433,647 | ||
| Healthcare Trust of America | COM | 42225P501 | 41,526 | 1,640,715 | SH | SOLE | 822,785 | 0 | 817,930 | ||
| Highwoods Properties, Inc. | COM | 431284108 | 29,111 | 752,410 | SH | SOLE | 133,748 | 0 | 618,662 | ||
| Hilton Grand Vacations | COM | 43283X105 | 22,542 | 854,193 | SH | SOLE | 432,043 | 0 | 422,150 | ||
| Hilton, Inc. | COM | 43300A203 | 1,741 | 24,253 | SH | SOLE | 22,878 | 0 | 1,375 | ||
| Hudson Pacific Properties | COM | 444097109 | 1,156 | 39,765 | SH | SOLE | 35,375 | 0 | 4,390 | ||
| Interxion Holdings | COM | N47279109 | 2,098 | 38,745 | SH | SOLE | 34,470 | 0 | 4,275 | ||
| Invitation Homes Inc | COM | 46187W107 | 37,758 | 1,880,402 | SH | SOLE | 757,589 | 0 | 1,122,813 | ||
| iShares US Real Estate ETF | ETF | 464287739 | 51 | 683 | SH | SOLE | 413 | 0 | 270 | ||
| JBG Smith Properties | COM | 46590V100 | 15,189 | 436,340 | SH | SOLE | 113,871 | 0 | 322,469 | ||
| Kilroy Realty | COM | 49427F108 | 60,925 | 968,895 | SH | SOLE | 430,806 | 0 | 538,089 | ||
| Kimco Realty Corp. | COM | 49446R109 | 51,931 | 3,544,728 | SH | SOLE | 1,695,001 | 0 | 1,849,727 | ||
| Marriott International-CL A | COM | 571903202 | 49,754 | 458,312 | SH | SOLE | 234,988 | 0 | 223,324 | ||
| National Retail Properties, | COM | 637417106 | 11,076 | 228,329 | SH | SOLE | 228,248 | 0 | 81 | ||
| Pebblebrook Hotel Trust | COM | 70509V100 | 30,107 | 1,063,477 | SH | SOLE | 590,888 | 0 | 472,589 | ||
| ProLogis Inc. | COM | 74340W103 | 125,543 | 2,137,999 | SH | SOLE | 1,042,771 | 0 | 1,095,228 | ||
| Public Storage | COM | 74460D109 | 769 | 3,797 | SH | SOLE | 3,773 | 0 | 24 | ||
| Regency Centers Corp. | COM | 758849103 | 62,360 | 1,062,714 | SH | SOLE | 468,489 | 0 | 594,225 | ||
| Retail Opportunity Investmen | COM | 76131N101 | 10,797 | 679,910 | SH | SOLE | 679,910 | 0 | 0 | ||
| Simon Property Group, Inc. | COM | 828806109 | 166,887 | 993,429 | SH | SOLE | 449,497 | 0 | 543,932 | ||
| Sun Communities, Inc. | COM | 866674104 | 38,367 | 377,217 | SH | SOLE | 92,509 | 0 | 284,708 | ||
| Sunstone Hotel Investors, In | COM | 867892101 | 6,951 | 534,329 | SH | SOLE | 534,133 | 0 | 196 | ||
| Terreno Realty Corp | COM | 88146M101 | 17,280 | 491,339 | SH | SOLE | 110,702 | 0 | 380,637 | ||
| The Macerich Company | COM | 554382101 | 17,448 | 403,150 | SH | SOLE | 53,980 | 0 | 349,170 | ||
| Ventas, Inc. | COM | 92276F100 | 82,324 | 1,405,088 | SH | SOLE | 565,207 | 0 | 839,881 | ||
| Vornado Realty | COM | 929042109 | 1 | 13 | SH | SOLE | 6 | 0 | 7 | ||
| Welltower Inc. | COM | 95040Q104 | 34,119 | 491,553 | SH | SOLE | 215,184 | 0 | 276,369 | ||