Employees Retirement System of Texas 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
AT&T INC	COM	00206R102	6,997	417,010	SH		SOLE		417,010	0	0
ASE TECHNOLOGY HLDG CO LTD	SPONSORED ADS	00215W100	80	8,506	SH		SOLE		8,506	0	0
ACADEMY SPORTS & OUTDOORS IN	COM	00402L107	32,934	499,000	SH		SOLE		499,000	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	5,619	38,116	SH		SOLE		38,116	0	0
AFFIRM HLDGS INC	COM CL A	00827B106	945	19,235	SH		SOLE		19,235	0	0
AGNICO EAGLE MINES LTD	COM	008474108	1,634	29,789	SH		SOLE		29,789	0	0
AGREE RLTY CORP	COM	008492100	5,259	83,550	SH		SOLE		83,550	0	0
ALASKA AIR GROUP INC	COM	011659109	3,675	94,070	SH		SOLE		94,070	0	0
ALCOA CORP	COM	013872106	1,828	53,756	SH		SOLE		53,756	0	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	2,492	131,000	SH		SOLE		131,000	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	11,029	87,000	SH		SOLE		87,000	0	0
ALLSTATE CORP	COM	020002101	5,748	41,060	SH		SOLE		41,060	0	0
ALLY FINL INC	COM	02005N100	19,568	560,376	SH		SOLE		560,376	0	0
ALNYLAM PHARMACEUTICALS INC	COM	02043Q107	720	3,761	SH		SOLE		3,761	0	0
ALPHABET INC	CAP STK CL C	02079K107	209,298	1,485,119	SH		SOLE		1,485,119	0	0
ALPHABET INC	CAP STK CL A	02079K305	71,085	508,874	SH		SOLE		508,874	0	0
AMAZON COM INC	COM	023135106	256,563	1,688,580	SH		SOLE		1,688,580	0	0
AMEREN CORP	COM	023608102	30,527	422,000	SH		SOLE		422,000	0	0
AMERICAN EXPRESS CO	COM	025816109	72,688	388,000	SH		SOLE		388,000	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	5,547	154,265	SH		SOLE		154,265	0	0
AMERICOLD REALTY TRUST INC	COM	03064D108	5,929	195,868	SH		SOLE		195,868	0	0
AMERIPRISE FINL INC	COM	03076C106	60,013	158,000	SH		SOLE		158,000	0	0
AMETEK INC	COM	031100100	49,804	302,044	SH		SOLE		302,044	0	0
APARTMENT INCOME REIT CORP	COM	03750L109	2,084	60,000	SH		SOLE		60,000	0	0
APPLE INC	COM	037833100	388,526	2,018,000	SH		SOLE		2,018,000	0	0
APPLOVIN CORP	COM CL A	03831W108	5,085	127,596	SH		SOLE		127,596	0	0
ARM HOLDINGS PLC	SPONSORED ADR	042068205	5,565	74,056	SH		SOLE		74,056	0	0
ASTRAZENECA PLC	SPONSORED ADR	046353108	2,813	41,770	SH		SOLE		41,770	0	0
AUTOHOME INC	SP ADS RP CL A	05278C107	1,558	55,536	SH		SOLE		55,536	0	0
AUTOLIV INC	COM	052800109	3,167	28,738	SH		SOLE		28,738	0	0
AUTOZONE INC	COM	053332102	56,883	22,000	SH		SOLE		22,000	0	0
AVALONBAY CMNTYS INC	COM	053484101	7,994	42,700	SH		SOLE		42,700	0	0
BP PLC	SPONSORED ADR	055622104	15,898	449,096	SH		SOLE		449,096	0	0
BAIN CAP SPECIALTY FIN INC	COM STK	05684B107	20,938	1,389,384	SH		SOLE		1,389,384	0	0
BANCOLOMBIA S A	SPON ADR PREF	05968L102	812	26,396	SH		SOLE		26,396	0	0
BANK AMERICA CORP	COM	060505104	4,087	121,375	SH		SOLE		121,375	0	0
BARCLAYS PLC	ADR	06738E204	3,372	427,959	SH		SOLE		427,959	0	0
BARRICK GOLD CORP	COM	067901108	1,863	102,985	SH		SOLE		102,985	0	0
BAXTER INTL INC	COM	071813109	4,746	122,765	SH		SOLE		122,765	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	8,164	22,890	SH		SOLE		22,890	0	0
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	33,168	344,000	SH		SOLE		344,000	0	0
BIONTECH SE	SPONSORED ADS	09075V102	2,773	26,273	SH		SOLE		26,273	0	0
BOSTON PROPERTIES INC	COM	101121101	4,210	60,000	SH		SOLE		60,000	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	41,045	710,000	SH		SOLE		710,000	0	0
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	2,214	410,000	SH		SOLE		410,000	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	4,818	93,902	SH		SOLE		93,902	0	0
BRIXMOR PPTY GROUP INC	COM	11120U105	2,001	86,000	SH		SOLE		86,000	0	0
BROADCOM INC	COM	11135F101	116,910	104,735	SH		SOLE		104,735	0	0
BUILD-A-BEAR WORKSHOP INC	COM	120076104	92	3,990	SH		SOLE		3,990	0	0
CGI INC	CL A SUB VTG	12532H104	873	8,147	SH		SOLE		8,147	0	0
THE CIGNA GROUP	COM	125523100	1,321	4,410	SH		SOLE		4,410	0	0
CVS HEALTH CORP	COM	126650100	12,135	153,690	SH		SOLE		153,690	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	51,478	189,000	SH		SOLE		189,000	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	2,184	22,000	SH		SOLE		22,000	0	0
CANADIAN NAT RES LTD	COM	136385101	9,662	147,461	SH		SOLE		147,461	0	0
CATERPILLAR INC	COM	149123101	77,525	262,200	SH		SOLE		262,200	0	0
CEMEX SAB DE CV	SPON ADR NEW	151290889	1,251	161,449	SH		SOLE		161,449	0	0
CHART INDS INC	COM	16115Q308	3,385	24,830	SH		SOLE		24,830	0	0
CHENIERE ENERGY INC	COM NEW	16411R208	57,017	334,000	SH		SOLE		334,000	0	0
CHESAPEAKE ENERGY CORP	COM	165167735	8,721	113,352	SH		SOLE		113,352	0	0
CHEVRON CORP NEW	COM	166764100	4,558	30,560	SH		SOLE		30,560	0	0
CHEWY INC	CL A	16679L109	540	22,832	SH		SOLE		22,832	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	45,739	20,000	SH		SOLE		20,000	0	0
CISCO SYS INC	COM	17275R102	618	12,223	SH		SOLE		12,223	0	0
CITIGROUP INC	COM NEW	172967424	15,560	302,480	SH		SOLE		302,480	0	0
CLOUDFLARE INC	CL A COM	18915M107	1,579	18,966	SH		SOLE		18,966	0	0
COCA COLA CO	COM	191216100	113,794	1,931,000	SH		SOLE		1,931,000	0	0
CIA ENERGETICA DE MINAS GERA	SP ADR N-V PFD	204409601	309	133,074	SH		SOLE		133,074	0	0
COMPANIA CERVECERIAS UNIDAS	SPONSORED ADR	204429104	71	5,694	SH		SOLE		5,694	0	0
CONAGRA BRANDS INC	COM	205887102	5,922	206,630	SH		SOLE		206,630	0	0
CONOCOPHILLIPS	COM	20825C104	5,709	49,190	SH		SOLE		49,190	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	46,900	194,000	SH		SOLE		194,000	0	0
COPT DEFENSE PROPERTIES	SHS BEN INT	22002T108	2,999	117,000	SH		SOLE		117,000	0	0
COSTCO WHSL CORP NEW	COM	22160K105	74,027	112,149	SH		SOLE		112,149	0	0
COSTAR GROUP INC	COM	22160N109	1,279	14,634	SH		SOLE		14,634	0	0
COURSERA INC	COM	22266M104	716	36,946	SH		SOLE		36,946	0	0
COUSINS PPTYS INC	COM NEW	222795502	4,140	170,000	SH		SOLE		170,000	0	0
CROWN HLDGS INC	COM	228368106	4,233	45,968	SH		SOLE		45,968	0	0
D R HORTON INC	COM	23331A109	3,282	21,596	SH		SOLE		21,596	0	0
DANAHER CORPORATION	COM	235851102	56,447	244,000	SH		SOLE		244,000	0	0
DATADOG INC	CL A COM	23804L103	56,846	468,327	SH		SOLE		468,327	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	7,356	182,844	SH		SOLE		182,844	0	0
DENALI THERAPEUTICS INC	COM	24823R105	459	21,375	SH		SOLE		21,375	0	0
DENTSPLY SIRONA INC	COM	24906P109	4,885	137,269	SH		SOLE		137,269	0	0
DEVON ENERGY CORP NEW	COM	25179M103	3,155	69,650	SH		SOLE		69,650	0	0
DEXCOM INC	COM	252131107	47,775	385,000	SH		SOLE		385,000	0	0
DIGITAL RLTY TR INC	COM	253868103	14,265	105,999	SH		SOLE		105,999	0	0
DISNEY WALT CO	COM	254687106	78,805	872,798	SH		SOLE		872,798	0	0
DOORDASH INC	CL A	25809K105	1,755	17,744	SH		SOLE		17,744	0	0
DOUBLEVERIFY HLDGS INC	COM	25862V105	37,589	1,022,000	SH		SOLE		1,022,000	0	0
DRAFTKINGS INC NEW	COM CL A	26142V105	2,605	73,914	SH		SOLE		73,914	0	0
DUOLINGO INC	CL A COM	26603R106	1,415	6,238	SH		SOLE		6,238	0	0
DOXIMITY INC	CL A	26622P107	396	14,129	SH		SOLE		14,129	0	0
ENI S P A	SPONSORED ADR	26874R108	184	5,412	SH		SOLE		5,412	0	0
EASTERLY GOVT PPTYS INC	COM	27616P103	1,075	80,000	SH		SOLE		80,000	0	0
EDISON INTL	COM	281020107	6,432	89,970	SH		SOLE		89,970	0	0
ENTERGY CORP NEW	COM	29364G103	38,047	376,000	SH		SOLE		376,000	0	0
EQUINIX INC	COM	29444U700	86,982	108,000	SH		SOLE		108,000	0	0
EQUINOR ASA	SPONSORED ADR	29446M102	145	4,587	SH		SOLE		4,587	0	0
EQUITY LIFESTYLE PPTYS INC	COM	29472R108	3,386	48,000	SH		SOLE		48,000	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	13,395	219,020	SH		SOLE		219,020	0	0
ESSEX PPTY TR INC	COM	297178105	5,703	23,000	SH		SOLE		23,000	0	0
EXACT SCIENCES CORP	COM	30063P105	36,324	491,000	SH		SOLE		491,000	0	0
EXELIXIS INC	COM	30161Q104	3,197	133,260	SH		SOLE		133,260	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	16,633	103,745	SH		SOLE		103,745	0	0
EXXON MOBIL CORP	COM	30231G102	136,973	1,370,000	SH		SOLE		1,370,000	0	0
FMC CORP	COM NEW	302491303	7,862	124,700	SH		SOLE		124,700	0	0
META PLATFORMS INC	CL A	30303M102	179,992	508,509	SH		SOLE		508,509	0	0
FANHUA INC	SPONSORED ADR	30712A103	110	16,657	SH		SOLE		16,657	0	0
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	7,110	69,000	SH		SOLE		69,000	0	0
FEDEX CORP	COM	31428X106	5,502	21,748	SH		SOLE		21,748	0	0
FIFTH THIRD BANCORP	COM	316773100	35,663	1,034,000	SH		SOLE		1,034,000	0	0
FIRST INDL RLTY TR INC	COM	32054K103	5,710	108,410	SH		SOLE		108,410	0	0
FIRSTENERGY CORP	COM	337932107	5,107	139,310	SH		SOLE		139,310	0	0
FLOOR & DECOR HLDGS INC	CL A	339750101	29,898	268,000	SH		SOLE		268,000	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	38,886	298,323	SH		SOLE		298,323	0	0
FORD MTR CO DEL	COM	345370860	2,526	207,180	SH		SOLE		207,180	0	0
FORUM ENERGY TECHNOLOGIES IN	COM	34984V209	9,794	441,787	SH		SOLE		441,787	0	0
FORUM ENERGY TECHNOLOGIES IN	NOTE 9.000% 8/0	34984VAC4	12,552	13,040,567	PRN		SOLE		13,040,567	0	0
FOUR CORNERS PPTY TR INC	COM	35086T109	2,024	80,000	SH		SOLE		80,000	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	49,339	1,159,000	SH		SOLE		1,159,000	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	50,148	223,000	SH		SOLE		223,000	0	0
GAMING & LEISURE PPTYS INC	COM	36467J108	7,707	156,164	SH		SOLE		156,164	0	0
GAP INC	COM	364760108	1,913	91,484	SH		SOLE		91,484	0	0
GENERAL MTRS CO	COM	37045V100	8,222	228,900	SH		SOLE		228,900	0	0
GETTY RLTY CORP NEW	COM	374297109	3,302	113,000	SH		SOLE		113,000	0	0
GINKGO BIOWORKS HOLDINGS INC	CL A SHS	37611X100	186	110,288	SH		SOLE		110,288	0	0
GSK PLC	SPONSORED ADR	37733W204	8,539	230,411	SH		SOLE		230,411	0	0
GLOBAL PMTS INC	COM	37940X102	9,376	73,830	SH		SOLE		73,830	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	4,628	11,996	SH		SOLE		11,996	0	0
GRAINGER W W INC	COM	384802104	55,522	67,000	SH		SOLE		67,000	0	0
GUARDANT HEALTH INC	COM	40131M109	514	18,987	SH		SOLE		18,987	0	0
HCA HEALTHCARE INC	COM	40412C101	43,309	160,000	SH		SOLE		160,000	0	0
HDFC BANK LTD	SPONSORED ADS	40415F101	6,039	89,993	SH		SOLE		89,993	0	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	38,261	476,000	SH		SOLE		476,000	0	0
HASHICORP INC	COM CL A	418100103	403	17,049	SH		SOLE		17,049	0	0
HEALTHCARE RLTY TR	CL A COM	42226K105	2,516	146,000	SH		SOLE		146,000	0	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	7,135	360,344	SH		SOLE		360,344	0	0
HELLO GROUP INC	ADS	423403104	918	132,025	SH		SOLE		132,025	0	0
HIMAX TECHNOLOGIES INC	SPONSORED ADR	43289P106	34	5,522	SH		SOLE		5,522	0	0
HONDA MOTOR LTD	ADR ECH CNV IN 3	438128308	400	12,929	SH		SOLE		12,929	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	7,058	362,500	SH		SOLE		362,500	0	0
HOWARD HUGHES HOLDINGS INC	COM	44267T102	3,867	45,200	SH		SOLE		45,200	0	0
HUMANA INC	COM	444859102	2,024	4,420	SH		SOLE		4,420	0	0
HUYA INC	ADS REP SHS A	44852D108	214	58,488	SH		SOLE		58,488	0	0
ICICI BANK LIMITED	ADR	45104G104	4,212	176,668	SH		SOLE		176,668	0	0
ING GROEP N.V.	SPONSORED ADR	456837103	258	17,181	SH		SOLE		17,181	0	0
INGREDION INC	COM	457187102	3,947	36,370	SH		SOLE		36,370	0	0
INSPIRE MED SYS INC	COM	457730109	843	4,142	SH		SOLE		4,142	0	0
INSULET CORP	COM	45784P101	765	3,526	SH		SOLE		3,526	0	0
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	43,538	339,000	SH		SOLE		339,000	0	0
INTUIT	COM	461202103	66,732	106,766	SH		SOLE		106,766	0	0
INVITATION HOMES INC	COM	46187W107	8,664	254,000	SH		SOLE		254,000	0	0
ITAU UNIBANCO HLDG S A	SPON ADR REP PFD	465562106	4,140	595,704	SH		SOLE		595,704	0	0
JOYY INC	ADS REPSTG COM A	46591M109	222	5,587	SH		SOLE		5,587	0	0
JPMORGAN CHASE & CO	COM	46625H100	134,901	793,070	SH		SOLE		793,070	0	0
JANUS DETROIT STR TR	B-BBB CLO ETF	47103U753	480	10,000	PRN		SOLE		10,000	0	0
JOHNSON & JOHNSON	COM	478160104	4,984	31,798	SH		SOLE		31,798	0	0
KB FINL GROUP INC	SPONSORED ADR	48241A105	2,468	59,668	SH		SOLE		59,668	0	0
KT CORP	SPONSORED ADR	48268K101	423	31,468	SH		SOLE		31,468	0	0
KANZHUN LIMITED	SPONSORED ADS	48553T106	28	1,709	SH		SOLE		1,709	0	0
KENVUE INC	COM	49177J102	2,967	137,791	SH		SOLE		137,791	0	0
KILROY RLTY CORP	COM	49427F108	1,355	34,000	SH		SOLE		34,000	0	0
KIMCO RLTY CORP	COM	49446R109	5,020	235,556	SH		SOLE		235,556	0	0
KITE RLTY GROUP TR	COM NEW	49803T300	983	43,000	SH		SOLE		43,000	0	0
KONINKLIJKE PHILIPS N V	NY REGIS SHS NEW	500472303	5,058	216,800	SH		SOLE		216,800	0	0
KROGER CO	COM	501044101	11,089	242,600	SH		SOLE		242,600	0	0
LPL FINL HLDGS INC	COM	50212V100	55,995	246,000	SH		SOLE		246,000	0	0
LAM RESEARCH CORP	COM	512807108	11,208	14,310	SH		SOLE		14,310	0	0
LEMONADE INC	COM	52567D107	201	12,459	SH		SOLE		12,459	0	0
ELI LILLY & CO	COM	532457108	110,242	189,120	SH		SOLE		189,120	0	0
LITHIA MTRS INC	COM	536797103	4,159	12,630	SH		SOLE		12,630	0	0
MGM RESORTS INTERNATIONAL	COM	552953101	54,510	1,220,000	SH		SOLE		1,220,000	0	0
MAGNA INTL INC	COM	559222401	2,621	44,370	SH		SOLE		44,370	0	0
MARTIN MARIETTA MATLS INC	COM	573284106	1,690	3,388	SH		SOLE		3,388	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	161,886	379,559	SH		SOLE		379,559	0	0
MCDONALDS CORP	COM	580135101	56,040	189,000	SH		SOLE		189,000	0	0
MCKESSON CORP	COM	58155Q103	37,038	80,000	SH		SOLE		80,000	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	1,021	208,000	SH		SOLE		208,000	0	0
MERCADOLIBRE INC	COM	58733R102	4,176	2,657	SH		SOLE		2,657	0	0
MERCK & CO INC	COM	58933Y105	66,221	607,424	SH		SOLE		607,424	0	0
MICROSOFT CORP	COM	594918104	368,608	980,235	SH		SOLE		980,235	0	0
MICRON TECHNOLOGY INC	COM	595112103	68,038	797,254	SH		SOLE		797,254	0	0
MID-AMER APT CMNTYS INC	COM	59522J103	9,207	68,477	SH		SOLE		68,477	0	0
MODERNA INC	COM	60770K107	1,664	16,729	SH		SOLE		16,729	0	0
MONDELEZ INTL INC	CL A	609207105	48,818	674,000	SH		SOLE		674,000	0	0
MONOLITHIC PWR SYS INC	COM	609839105	521	826	SH		SOLE		826	0	0
MORGAN STANLEY	COM NEW	617446448	52,593	564,000	SH		SOLE		564,000	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	32,874	105,000	SH		SOLE		105,000	0	0
NCL CORP LTD	NOTE 6.000% 5/1	62886HAT8	302	200,000	PRN		SOLE		200,000	0	0
NRG ENERGY INC	COM NEW	629377508	8,288	160,310	SH		SOLE		160,310	0	0
NNN REIT INC	COM	637417106	6,853	159,000	SH		SOLE		159,000	0	0
NETFLIX INC	COM	64110L106	60,857	124,994	SH		SOLE		124,994	0	0
NETEASE INC	SPONSORED ADS	64110W102	330	3,542	SH		SOLE		3,542	0	0
NETSTREIT CORP	COM	64119V303	1,642	92,000	SH		SOLE		92,000	0	0
NEW YORK CMNTY BANCORP INC	COM	649445103	4,683	457,737	SH		SOLE		457,737	0	0
NEWMONT CORP	COM	651639106	42,856	1,035,430	SH		SOLE		1,035,430	0	0
NICE LTD	SPONSORED ADR	653656108	1,025	5,140	SH		SOLE		5,140	0	0
NISOURCE INC	COM	65473P105	34,488	1,299,000	SH		SOLE		1,299,000	0	0
NORTHROP GRUMMAN CORP	COM	666807102	60,390	129,000	SH		SOLE		129,000	0	0
MINISO GROUP HLDG LTD	SPONSORED ADS	66981J102	205	10,057	SH		SOLE		10,057	0	0
NOVARTIS AG	SPONSORED ADR	66987V109	564	5,587	SH		SOLE		5,587	0	0
NVIDIA CORPORATION	COM	67066G104	228,196	460,797	SH		SOLE		460,797	0	0
OLD DOMINION FREIGHT LINE IN	COM	679580100	35,264	87,000	SH		SOLE		87,000	0	0
OMEGA HEALTHCARE INVS INC	COM	681936100	3,342	109,000	SH		SOLE		109,000	0	0
OPEN TEXT CORP	COM	683715106	460	10,940	SH		SOLE		10,940	0	0
ORGANON & CO	COMMON STOCK	68622V106	2,189	151,780	SH		SOLE		151,780	0	0
ORIX CORP	SPONSORED ADR	686330101	643	6,882	SH		SOLE		6,882	0	0
PALO ALTO NETWORKS INC	COM	697435105	78,631	266,654	SH		SOLE		266,654	0	0
PARKER-HANNIFIN CORP	COM	701094104	56,666	123,000	SH		SOLE		123,000	0	0
PEBBLEBROOK HOTEL TR	COM	70509V100	1,358	85,000	SH		SOLE		85,000	0	0
PENUMBRA INC	COM	70975L107	485	1,927	SH		SOLE		1,927	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	909	59,480	SH		SOLE		59,480	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	6,663	417,242	SH		SOLE		417,242	0	0
PFIZER INC	COM	717081103	3,422	118,862	SH		SOLE		118,862	0	0
PHYSICIANS RLTY TR	COM	71943U104	3,088	232,000	SH		SOLE		232,000	0	0
PDD HOLDINGS INC	SPONSORED ADS	722304102	5,391	36,845	SH		SOLE		36,845	0	0
PINTEREST INC	CL A	72352L106	1,050	28,359	SH		SOLE		28,359	0	0
PROCTER AND GAMBLE CO	COM	742718109	74,725	509,928	SH		SOLE		509,928	0	0
PROLOGIS INC.	COM	74340W103	106,434	798,455	SH		SOLE		798,455	0	0
PUBLIC STORAGE	COM	74460D109	69,940	229,311	SH		SOLE		229,311	0	0
QUANTA SVCS INC	COM	74762E102	40,786	189,000	SH		SOLE		189,000	0	0
RLJ LODGING TR	COM	74965L101	2,168	185,000	SH		SOLE		185,000	0	0
REALOGY GRP LLC/REALOGY CO	NOTE 0.250% 6/1	75606DAP6	1,578	2,000,000	PRN		SOLE		2,000,000	0	0
REALTY INCOME CORP	COM	756109104	20,280	353,183	SH		SOLE		353,183	0	0
RECURSION PHARMACEUTICALS IN	CL A	75629V104	221	22,398	SH		SOLE		22,398	0	0
REGENCY CTRS CORP	COM	758849103	5,565	83,060	SH		SOLE		83,060	0	0
RELX PLC	SPONSORED ADR	759530108	2,063	52,008	SH		SOLE		52,008	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	1,964	140,000	SH		SOLE		140,000	0	0
REXFORD INDL RLTY INC	COM	76169C100	7,293	130,000	SH		SOLE		130,000	0	0
RIVIAN AUTOMOTIVE INC	COM CL A	76954A103	226	9,624	SH		SOLE		9,624	0	0
ROBLOX CORP	CL A	771049103	997	21,806	SH		SOLE		21,806	0	0
ROKU INC	COM CL A	77543R102	862	9,409	SH		SOLE		9,409	0	0
SHELL PLC	SPON ADS	780259305	7,045	107,060	SH		SOLE		107,060	0	0
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	1,036	9,412	SH		SOLE		9,412	0	0
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	37,292	147,000	SH		SOLE		147,000	0	0
SPDR SER TR	S&P BIOTECH	78464A870	33,573	376,000	SH		SOLE		376,000	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	55,051	108,500	SH		SOLE		108,500	0	0
SPDR SER TR	PORTFLI HIGH YLD	78468R606	1,169	50,000	PRN		SOLE		50,000	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	1,427	100,000	SH		SOLE		100,000	0	0
SALESFORCE INC	COM	79466L302	80,258	305,000	SH		SOLE		305,000	0	0
SAMSARA INC	COM CL A	79589L106	402	12,043	SH		SOLE		12,043	0	0
SANA BIOTECHNOLOGY INC	COM	799566104	53	12,996	SH		SOLE		12,996	0	0
SAP SE	SPON ADR	803054204	1,527	9,876	SH		SOLE		9,876	0	0
SCHLUMBERGER LTD	COM STK	806857108	63,004	1,210,680	SH		SOLE		1,210,680	0	0
SCHWAB CHARLES CORP	COM	808513105	4,249	61,755	SH		SOLE		61,755	0	0
SELECT SECTOR SPDR TR	FINANCIAL	81369Y605	11,242	299,000	SH		SOLE		299,000	0	0
SERVICENOW INC	COM	81762P102	117,745	166,662	SH		SOLE		166,662	0	0
SHINHAN FINANCIAL GROUP CO L	SPN ADR RESTRD	824596100	1,099	35,698	SH		SOLE		35,698	0	0
SHOPIFY INC	CL A	82509L107	6,804	87,338	SH		SOLE		87,338	0	0
SILICON MOTION TECHNOLOGY CO	SPONSORED ADR	82706C108	178	2,906	SH		SOLE		2,906	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	18,055	126,579	SH		SOLE		126,579	0	0
SNOWFLAKE INC	CL A	833445109	2,539	12,759	SH		SOLE		12,759	0	0
SOHU COM LTD	SPONSORED ADS	83410S108	156	15,711	SH		SOLE		15,711	0	0
SPROUT SOCIAL INC	COM CL A	85209W109	571	9,296	SH		SOLE		9,296	0	0
STARBUCKS CORP	COM	855244109	551	5,737	SH		SOLE		5,737	0	0
STRYKER CORPORATION	COM	863667101	42,224	141,000	SH		SOLE		141,000	0	0
SUN CMNTYS INC	COM	866674104	9,756	73,000	SH		SOLE		73,000	0	0
SUNSTONE HOTEL INVS INC NEW	COM	867892101	2,039	190,000	SH		SOLE		190,000	0	0
SWEETGREEN INC	COM CL A	87043Q108	406	35,948	SH		SOLE		35,948	0	0
SYNOPSYS INC	COM	871607107	2,760	5,361	SH		SOLE		5,361	0	0
SYSCO CORP	COM	871829107	29,545	404,000	SH		SOLE		404,000	0	0
TJX COS INC NEW	COM	872540109	56,849	606,000	SH		SOLE		606,000	0	0
T-MOBILE US INC	COM	872590104	60,478	377,207	SH		SOLE		377,207	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	5,121	49,243	SH		SOLE		49,243	0	0
TAKEDA PHARMACEUTICAL CO LTD	SPONSORED ADS	874060205	565	39,577	SH		SOLE		39,577	0	0
TAL EDUCATION GROUP	SPONSORED ADS	874080104	511	40,478	SH		SOLE		40,478	0	0
TARGET CORP	COM	87612E106	3,632	25,502	SH		SOLE		25,502	0	0
10X GENOMICS INC	CL A COM	88025U109	463	8,273	SH		SOLE		8,273	0	0
TENARIS S A	SPONSORED ADS	88031M109	3,460	99,544	SH		SOLE		99,544	0	0
TERADYNE INC	COM	880770102	4,604	42,425	SH		SOLE		42,425	0	0
TERNIUM SA	SPONSORED ADS	880890108	671	15,791	SH		SOLE		15,791	0	0
TERRENO RLTY CORP	COM	88146M101	5,766	92,000	SH		SOLE		92,000	0	0
TESLA INC	COM	88160R101	101,247	407,465	SH		SOLE		407,465	0	0
THE TRADE DESK INC	COM CL A	88339J105	3,515	48,843	SH		SOLE		48,843	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	56,893	107,185	SH		SOLE		107,185	0	0
QIFU TECHNOLOGY INC	AMERICAN DEP	88557W101	53	3,352	SH		SOLE		3,352	0	0
TOLL BROTHERS INC	COM	889478103	77	753	SH		SOLE		753	0	0
TRANSDIGM GROUP INC	COM	893641100	64,742	64,000	SH		SOLE		64,000	0	0
TRIP COM GROUP LTD	ADS	89677Q107	739	20,521	SH		SOLE		20,521	0	0
TWILIO INC	CL A	90138F102	871	11,483	SH		SOLE		11,483	0	0
TYSON FOODS INC	CL A	902494103	6,435	119,720	SH		SOLE		119,720	0	0
UDR INC	COM	902653104	8,826	230,513	SH		SOLE		230,513	0	0
UGI CORP NEW	COM	902681105	2,361	95,980	SH		SOLE		95,980	0	0
UBER TECHNOLOGIES INC	COM	90353T100	4,219	68,526	SH		SOLE		68,526	0	0
ULTA BEAUTY INC	COM	90384S303	42,629	87,000	SH		SOLE		87,000	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	102,328	194,367	SH		SOLE		194,367	0	0
VANGUARD TAX-MANAGED FDS	VAN FTSE DEV MKT	921943858	9,580	200,000	SH		SOLE		200,000	0	0
VENTAS INC	COM	92276F100	11,383	228,399	SH		SOLE		228,399	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	475,282	1,088,100	SH		SOLE		1,088,100	0	0
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	14	155	PRN		SOLE		155	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	99,822	467,925	SH		SOLE		467,925	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	99,822	420,800	SH		SOLE		420,800	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	48,013	118,000	SH		SOLE		118,000	0	0
VIATRIS INC	COM	92556V106	2,937	271,158	SH		SOLE		271,158	0	0
VICI PPTYS INC	COM	925652109	47,976	1,504,900	SH		SOLE		1,504,900	0	0
VIPSHOP HLDGS LTD	SPONSORED ADS A	92763W103	2,311	130,110	SH		SOLE		130,110	0	0
VISA INC	COM CL A	92826C839	6,672	25,628	SH		SOLE		25,628	0	0
VISTRA CORP	COM	92840M102	1,227	31,841	SH		SOLE		31,841	0	0
VONTIER CORPORATION	COM	928881101	5,138	148,700	SH		SOLE		148,700	0	0
VOYA FINANCIAL INC	COM	929089100	44,068	604,000	SH		SOLE		604,000	0	0
WNS HLDGS LTD	SPON ADR	92932M101	596	9,424	SH		SOLE		9,424	0	0
WP CAREY INC	COM	92936U109	3,273	50,500	SH		SOLE		50,500	0	0
WEC ENERGY GROUP INC	COM	92939U106	33,079	393,000	SH		SOLE		393,000	0	0
WALMART INC	COM	931142103	63,691	404,000	SH		SOLE		404,000	0	0
WASTE MGMT INC DEL	COM	94106L109	49,790	278,000	SH		SOLE		278,000	0	0
WATSCO INC	COM	942622200	1,165	2,718	SH		SOLE		2,718	0	0
WAYFAIR INC	CL A	94419L101	825	13,371	SH		SOLE		13,371	0	0
WEIBO CORP	SPONSORED ADR	948596101	985	89,913	SH		SOLE		89,913	0	0
WELLS FARGO CO NEW	COM	949746101	63,162	1,283,250	SH		SOLE		1,283,250	0	0
WELLTOWER INC	COM	95040Q104	16,681	185,000	SH		SOLE		185,000	0	0
WISDOMTREE TR	US QTLY DIV GRT	97717X669	99,959	1,422,300	SH		SOLE		1,422,300	0	0
WORKDAY INC	CL A	98138H101	1,641	5,944	SH		SOLE		5,944	0	0
XENIA HOTELS & RESORTS INC	COM	984017103	2,724	200,000	SH		SOLE		200,000	0	0
YETI HLDGS INC	COM	98585X104	517	9,978	SH		SOLE		9,978	0	0
DEUTSCHE BANK A G	NAMEN AKT	D18190898	1,826	134,737	SH		SOLE		134,737	0	0
AON PLC	SHS CL A	G0403H108	2,471	8,492	SH		SOLE		8,492	0	0
ARCOS DORADOS HOLDINGS INC	SHS CLASS -A -	G0457F107	4,109	323,807	SH		SOLE		323,807	0	0
AXIS CAP HLDGS LTD	SHS	G0692U109	3,134	56,605	SH		SOLE		56,605	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	78,907	224,865	SH		SOLE		224,865	0	0
CREDICORP LTD	COM	G2519Y108	3,047	20,325	SH		SOLE		20,325	0	0
EATON CORP PLC	SHS	G29183103	57,556	239,000	SH		SOLE		239,000	0	0
EVEREST GROUP LTD	COM	G3223R108	7,334	20,743	SH		SOLE		20,743	0	0
ICON PLC	SHS	G4705A100	29,722	105,000	SH		SOLE		105,000	0	0
JAZZ PHARMACEUTICALS PLC	SHS USD	G50871105	4,647	37,780	SH		SOLE		37,780	0	0
MEDTRONIC PLC	SHS	G5960L103	56,484	685,648	SH		SOLE		685,648	0	0
LIBERTY GLOBAL LTD	COM CL A	G61188101	4,057	228,334	SH		SOLE		228,334	0	0
NU HLDGS LTD	ORD SHS CL A	G6683N103	3,384	406,297	SH		SOLE		406,297	0	0
TORM PLC	SHS CL A	G89479102	1,048	34,450	SH		SOLE		34,450	0	0
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	12,834	53,208	SH		SOLE		53,208	0	0
CHUBB LIMITED	COM	H1467J104	9,752	43,149	SH		SOLE		43,149	0	0
GLOBANT S A	COM	L44385109	4,367	18,350	SH		SOLE		18,350	0	0
CHECK POINT SOFTWARE TECH LT	ORD	M22465104	6,498	42,530	SH		SOLE		42,530	0	0
ODDITY TECH LTD	SHS CL A	M7518J104	255	5,478	SH		SOLE		5,478	0	0
MONDAY COM LTD	SHS	M7S64H106	53	281	SH		SOLE		281	0	0
WIX COM LTD	SHS	M98068105	86	702	SH		SOLE		702	0	0
AERCAP HOLDINGS NV	SHS	N00985106	8,023	107,950	SH		SOLE		107,950	0	0
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	5,182	6,846	SH		SOLE		6,846	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	43,639	190,000	SH		SOLE		190,000	0	0
STELLANTIS N.V	SHS	N82405106	6,308	270,484	SH		SOLE		270,484	0	0