Gillson Capital 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

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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
AON PLC	SHS CL A	G0408V102	1,938	11,743	SH		SOLE		11,743	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	12,343	508,985	SH		SOLE		508,985	0	0
ASSURANT INC	COM	04621X108	7,716	74,124	SH		SOLE		74,124	0	0
ALLSTATE CORP	COM	020002101	19,075	207,942	SH		SOLE		207,942	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	5,924	255,335	SH		SOLE		255,335	0	0
ARES CAP CORP	COM	04010L103	1,035	95,984	SH		SOLE		95,984	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	3,474	25,348	SH		SOLE		25,348	0	0
AXIS CAPITAL HOLDINGS LTD	SHS	G0692U109	8,924	230,902	SH		SOLE		230,902	0	0
BRIGHTHOUSE FINL INC	COM	10922N103	9,091	376,146	SH		SOLE		376,146	0	0
BANK NEW YORK MELLON CORP	COM	064058100	26,825	796,468	SH		SOLE		796,468	0	0
BLACKROCK INC	COM	09247X101	2,767	6,289	SH		SOLE		6,289	0	0
POPULAR INC	COM NEW	733174700	12,755	364,437	SH		SOLE		364,437	0	0
CADENCE BANCORPORATION	CL A	12739A100	4,007	611,756	SH		SOLE		611,756	0	0
CITIZENS FINL GROUP INC	COM	174610105	20,125	1,069,887	SH		SOLE		1,069,887	0	0
CAPITAL ONE FINL CORP	COM	14040H105	19,643	389,587	SH		SOLE		389,587	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	3,627	45,769	SH		SOLE		45,769	0	0
COUSINS PPTYS INC	COM NEW	222795502	6,691	228,605	SH		SOLE		228,605	0	0
AXA EQUITABLE HLDGS INC	COM	054561105	22,056	1,526,344	SH		SOLE		1,526,344	0	0
FIRST HORIZON NATL CORP	COM	320517105	14,505	1,799,632	SH		SOLE		1,799,632	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	11,228	92,309	SH		SOLE		92,309	0	0
FLEETCOR TECHNOLOGIES INC	COM	339041105	811	4,346	SH		SOLE		4,346	0	0
FIRST INDL RLTY TR INC	COM	32054K103	2,028	61,023	SH		SOLE		61,023	0	0
FEDERAL REALTY INVT TR	SH BEN INT NEW	313747206	3,061	41,032	SH		SOLE		41,032	0	0
GOLUB CAP BDC INC	COM	38173M102	2,238	178,170	SH		SOLE		178,170	0	0
HIGHWOODS PPTYS INC	COM	431284108	7,801	220,240	SH		SOLE		220,240	0	0
HANCOCK WHITNEY CORPORATION	COM	410120109	9,679	495,868	SH		SOLE		495,868	0	0
IBERIABANK CORP	COM	450828108	5,435	150,298	SH		SOLE		150,298	0	0
INVESTORS BANCORP INC	COM	46146L101	9,392	1,175,467	SH		SOLE		1,175,467	0	0
LPL FINL HLDGS INC	COM	50212V100	13,210	242,703	SH		SOLE		242,703	0	0
MID AMER APT CMNTYS INC	COM	59522J103	7,192	69,807	SH		SOLE		69,807	0	0
MARKEL CORP	COM	570535104	3,785	4,079	SH		SOLE		4,079	0	0
REALTY INCOME CORP	COM	756109104	4,191	84,046	SH		SOLE		84,046	0	0
CORPORATE OFFICE PPTYS TR	SH BEN INT	22002T108	4,667	210,892	SH		SOLE		210,892	0	0
ONEMAIN HLDGS INC	COM	68268W103	3,983	208,312	SH		SOLE		208,312	0	0
HEALTHPEAK PPTYS INC	COM	42250P103	2,643	110,810	SH		SOLE		110,810	0	0
PRINCIPAL FINL GROUP INC	COM	74251V102	12,663	404,047	SH		SOLE		404,047	0	0
PROGRESSIVE CORP OHIO	COM	743315103	17,157	232,349	SH		SOLE		232,349	0	0
PNC FINL SVCS GROUP INC	COM	693475105	22,438	234,412	SH		SOLE		234,412	0	0
PUBLIC STORAGE	COM	74460D109	3,048	15,348	SH		SOLE		15,348	0	0
RENAISSANCERE HOLDINGS LTD	COM	G7496G103	21,155	141,674	SH		SOLE		141,674	0	0
SOLAR CAP LTD	COM	83413U100	3,313	284,629	SH		SOLE		284,629	0	0
SYNOVUS FINL CORP	COM NEW	87161C501	15,548	885,416	SH		SOLE		885,416	0	0
STAG INDL INC	COM	85254J102	5,461	242,492	SH		SOLE		242,492	0	0
STERLING BANCORP DEL	COM	85917A100	11,059	1,058,325	SH		SOLE		1,058,325	0	0
STATE STR CORP	COM	857477103	13,791	258,884	SH		SOLE		258,884	0	0
TRUIST FINL CORP	COM	89832Q109	20,577	667,230	SH		SOLE		667,230	0	0
HANOVER INS GROUP INC	COM	410867105	8,185	90,366	SH		SOLE		90,366	0	0
TPG SPECIALTY LENDING INC	COM	87265K102	1,795	128,918	SH		SOLE		128,918	0	0
URBAN EDGE PPTYS	COM	91704F104	6,122	694,848	SH		SOLE		694,848	0	0
UMPQUA HLDGS CORP	COM	904214103	9,332	856,170	SH		SOLE		856,170	0	0
US BANCORP	COM NEW	902973304	19,047	552,896	SH		SOLE		552,896	0	0
VOYA FINL INC	COM	929089100	17,735	437,350	SH		SOLE		437,350	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	10,550	344,644	SH		SOLE		344,644	0	0
WEBSTER FINL CORP CONN	COM	947890109	7,437	324,761	SH		SOLE		324,761	0	0
WILLIS TOWERS WATSON PUB LTD	SHS	G96629103	28,207	166,071	SH		SOLE		166,071	0	0
BERKLEY W R CORP	COM	084423102	11,979	229,613	SH		SOLE		229,613	0	0
WEINGARTEN RLTY INVS	SH BEN INT	948741103	3,528	244,505	SH		SOLE		244,505	0	0
WINTRUST FINL CORP	COM	97650W108	5,803	176,596	SH		SOLE		176,596	0	0
ALLEGHANY CORP DEL	COM	017175100	20,734	37,538	SH		SOLE		37,538	0	0