| 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 |
| Acadia Realty Trust | COM | 004239109 | 50,778,135 | 3,538,546 | SH | | DFND | 1 | 3,538,546 | 0 | 0 |
| Agree Realty Corp | COM | 008492100 | 184,000,000 | 2,589,203 | SH | | DFND | 1 | 2,589,203 | 0 | 0 |
| Alexandria Real Estate Equitie | COM | 015271109 | 194,000,000 | 1,333,356 | SH | | DFND | 1 | 1,333,356 | 0 | 0 |
| American Assets Trust | COM | 024013104 | 547,755 | 20,670 | SH | | DFND | 1 | 20,670 | 0 | 0 |
| American Homes 4 Rent | COM | 02665T306 | 123,000,000 | 4,088,695 | SH | | DFND | 1 | 4,088,695 | 0 | 0 |
| American Tower Corp | COM | 03027X100 | 106,000,000 | 502,031 | SH | | DFND | 1 | 502,031 | 0 | 0 |
| Americold Realty Trust Inc | COM | 03064D108 | 67,061,521 | 2,368,828 | SH | | DFND | 1 | 2,368,828 | 0 | 0 |
| Apartment Income REIT Corp | COM | 03750L109 | 2,116,035 | 61,674 | SH | | DFND | 1 | 61,674 | 0 | 0 |
| Apartment Investment and Manag | COM | 03748R747 | 554,648 | 77,900 | SH | | DFND | 1 | 77,900 | 0 | 0 |
| Apple Hospitality REIT Inc | COM | 03784Y200 | 17,776,722 | 1,126,535 | SH | | DFND | 1 | 1,126,535 | 0 | 0 |
| Avalon Bay Communities | COM | 053484101 | 228,000,000 | 1,409,403 | SH | | DFND | 1 | 1,409,403 | 0 | 0 |
| Boston Properties | COM | 101121101 | 12,276,380 | 181,657 | SH | | DFND | 1 | 181,657 | 0 | 0 |
| Brandywine Realty Trust | COM | 105368203 | 703,868 | 114,450 | SH | | DFND | 1 | 114,450 | 0 | 0 |
| Brixmor Property Group Inc | COM | 11120U105 | 145,000,000 | 6,398,901 | SH | | DFND | 1 | 6,398,901 | 0 | 0 |
| Broadstone Net Lease Inc | COM | 11135E203 | 75,623,232 | 4,665,221 | SH | | DFND | 1 | 4,665,221 | 0 | 0 |
| Camden Property Trust | COM | 133131102 | 11,410,306 | 101,987 | SH | | DFND | 1 | 101,987 | 0 | 0 |
| Corporate Office Properties Tr | COM | 22002T108 | 3,030,337 | 116,821 | SH | | DFND | 1 | 116,821 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 | 54,201,174 | 2,143,186 | SH | | DFND | 1 | 2,143,186 | 0 | 0 |
| Crown Castle Intl Corp | COM | 22822V101 | 63,897,291 | 471,080 | SH | | DFND | 1 | 471,080 | 0 | 0 |
| Cubesmart | COM | 229663109 | 38,859,765 | 965,460 | SH | | DFND | 1 | 965,460 | 0 | 0 |
| DiamondRock Hospitality Co | COM | 252784301 | 15,548,854 | 1,898,517 | SH | | DFND | 1 | 1,898,517 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 | 295,000,000 | 2,940,568 | SH | | DFND | 1 | 2,940,568 | 0 | 0 |
| DigitalBridge Group Inc | COM | 25401T603 | 738,450 | 67,500 | SH | | DFND | 1 | 67,500 | 0 | 0 |
| Douglas Emmett Inc | COM | 25960P109 | 53,632,970 | 3,420,470 | SH | | DFND | 1 | 3,420,470 | 0 | 0 |
| EastGroup Properties Inc | COM | 277276101 | 5,771,083 | 38,978 | SH | | DFND | 1 | 38,978 | 0 | 0 |
| Empire State Realty Trust | COM | 292104106 | 541,357 | 80,320 | SH | | DFND | 1 | 80,320 | 0 | 0 |
| Equinix Inc | COM | 29444U700 | 339,000,000 | 517,450 | SH | | DFND | 1 | 517,450 | 0 | 0 |
| Equity Lifestyle Properties | COM | 29472R108 | 11,750,094 | 181,890 | SH | | DFND | 1 | 181,890 | 0 | 0 |
| Equity Residential Properties | COM | 29476L107 | 246,000,000 | 4,169,519 | SH | | DFND | 1 | 4,169,519 | 0 | 0 |
| Essential Properties Realty | COM | 29670E107 | 200,199 | 8,530 | SH | | DFND | 1 | 8,530 | 0 | 0 |
| Essex Property Trust Inc | COM | 297178105 | 45,271,198 | 213,624 | SH | | DFND | 1 | 213,624 | 0 | 0 |
| Extra Space Storage Inc | COM | 30225T102 | 53,524,215 | 363,665 | SH | | DFND | 1 | 363,665 | 0 | 0 |
| Federal Realty Investment Trus | COM | 313745101 | 4,052,310 | 40,106 | SH | | DFND | 1 | 40,106 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 | 146,000,000 | 3,031,367 | SH | | DFND | 1 | 3,031,367 | 0 | 0 |
| Four Corners Property Trust | COM | 35086T109 | 31,312,186 | 1,207,566 | SH | | DFND | 1 | 1,207,566 | 0 | 0 |
| Healthcare Realty Trust Inc | COM | 42226K105 | 3,962,336 | 205,622 | SH | | DFND | 1 | 205,622 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 | 66,580,354 | 2,655,778 | SH | | DFND | 1 | 2,655,778 | 0 | 0 |
| Highwoods Properties Inc | COM | 431284108 | 52,633,458 | 1,881,110 | SH | | DFND | 1 | 1,881,110 | 0 | 0 |
| Host Hotels & Resorts Inc | COM | 44107P104 | 69,238,833 | 4,313,946 | SH | | DFND | 1 | 4,313,946 | 0 | 0 |
| Hudson Pacific Properties | COM | 444097109 | 641,985 | 65,980 | SH | | DFND | 1 | 65,980 | 0 | 0 |
| IHS Holding Ltd | COM | G4701H109 | 984,000 | 160,000 | SH | | DFND | 1 | 160,000 | 0 | 0 |
| Independence Realty Trust Inc | COM | 45378A106 | 2,508,768 | 148,800 | SH | | DFND | 1 | 148,800 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 | 259,000,000 | 8,734,967 | SH | | DFND | 1 | 8,734,967 | 0 | 0 |
| JBG Smith Properties | COM | 46590V100 | 774,802 | 40,822 | SH | | DFND | 1 | 40,822 | 0 | 0 |
| Kilroy Realty Corporation | COM | 49427F108 | 103,000,000 | 2,653,330 | SH | | DFND | 1 | 2,653,330 | 0 | 0 |
| Kimco Realty Corp | COM | 49446R109 | 7,737,118 | 365,303 | SH | | DFND | 1 | 365,303 | 0 | 0 |
| Kite Realty Group Trust | COM | 49803T300 | 2,479,732 | 117,802 | SH | | DFND | 1 | 117,802 | 0 | 0 |
| Life Storage Inc | COM | 53223X107 | 145,000,000 | 1,472,562 | SH | | DFND | 1 | 1,472,562 | 0 | 0 |
| LXP Industrial Trust | COM | 529043101 | 1,461,918 | 145,900 | SH | | DFND | 1 | 145,900 | 0 | 0 |
| Medical Properties Trust Inc | COM | 58463J304 | 95,232,440 | 8,548,693 | SH | | DFND | 1 | 8,548,693 | 0 | 0 |
| Mid-America Apartment Communit | COM | 59522J103 | 118,000,000 | 750,728 | SH | | DFND | 1 | 750,728 | 0 | 0 |
| National Retail Properties | COM | 637417106 | 4,737,579 | 103,531 | SH | | DFND | 1 | 103,531 | 0 | 0 |
| NetSTREIT Corp | COM | 64119V303 | 605,990 | 33,060 | SH | | DFND | 1 | 33,060 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | 1,734,700 | 20,750 | SH | | DFND | 1 | 20,750 | 0 | 0 |
| Omega Healthcare Investors Inc | COM | 681936100 | 14,874,599 | 532,186 | SH | | DFND | 1 | 532,186 | 0 | 0 |
| Outfront Media Inc | COM | 69007J106 | 17,568,035 | 1,059,592 | SH | | DFND | 1 | 1,059,592 | 0 | 0 |
| Park Hotels & Resorts Inc | COM | 700517105 | 25,915,104 | 2,198,058 | SH | | DFND | 1 | 2,198,058 | 0 | 0 |
| Phillips Edison & Company Inc | COM | 71844V201 | 24,509,859 | 769,782 | SH | | DFND | 1 | 769,782 | 0 | 0 |
| Physicians Realty Trust | COM | 71943U104 | 1,397,788 | 96,599 | SH | | DFND | 1 | 96,599 | 0 | 0 |
| Piedmont Office Realty Trust I | COM | 720190206 | 423,122 | 46,142 | SH | | DFND | 1 | 46,142 | 0 | 0 |
| Prologis Trust | COM | 74340W103 | 695,000,000 | 6,167,978 | SH | | DFND | 1 | 6,167,978 | 0 | 0 |
| Public Storage Inc | COM | 74460D109 | 314,000,000 | 1,121,890 | SH | | DFND | 1 | 1,121,890 | 0 | 0 |
| Radius Global Infrastructure I | COM | 750481103 | 1,418,400 | 120,000 | SH | | DFND | 1 | 120,000 | 0 | 0 |
| Realty Income Corp | COM | 756109104 | 301,000,000 | 4,742,678 | SH | | DFND | 1 | 4,742,678 | 0 | 0 |
| Regency Centers Corp | COM | 758849103 | 85,178,438 | 1,362,855 | SH | | DFND | 1 | 1,362,855 | 0 | 0 |
| Retail Opportunity Investments | COM | 76131N101 | 1,256,207 | 83,580 | SH | | DFND | 1 | 83,580 | 0 | 0 |
| Rexford Industrial Realty | COM | 76169C100 | 114,000,000 | 2,079,230 | SH | | DFND | 1 | 2,079,230 | 0 | 0 |
| RPT Realty | COM | 74971D101 | 54,580,010 | 5,436,256 | SH | | DFND | 1 | 5,436,256 | 0 | 0 |
| Ryman Hospitality Properties | COM | 78377T107 | 2,347,168 | 28,701 | SH | | DFND | 1 | 28,701 | 0 | 0 |
| Sabra Health Care REIT Inc | COM | 78573L106 | 69,806,507 | 5,615,970 | SH | | DFND | 1 | 5,615,970 | 0 | 0 |
| SBA Communications Corp | COM | 78410G104 | 115,000,000 | 411,873 | SH | | DFND | 1 | 411,873 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 | 209,000,000 | 1,774,845 | SH | | DFND | 1 | 1,774,845 | 0 | 0 |
| Spirit Realty Capital | COM | 84860W300 | 38,243,836 | 957,772 | SH | | DFND | 1 | 957,772 | 0 | 0 |
| STAG Industrial | COM | 85254J102 | 4,329,540 | 134,000 | SH | | DFND | 1 | 134,000 | 0 | 0 |
| Sun Communities Inc | COM | 866674104 | 257,000,000 | 1,795,419 | SH | | DFND | 1 | 1,795,419 | 0 | 0 |
| Terreno Realty Corp | COM | 88146M101 | 1,892,349 | 33,275 | SH | | DFND | 1 | 33,275 | 0 | 0 |
| Tricon Residential Inc | COM | 89612W102 | 4,225,080 | 548,000 | SH | | DFND | 1 | 548,000 | 0 | 0 |
| UDR Inc | COM | 902653104 | 178,000,000 | 4,604,586 | SH | | DFND | 1 | 4,604,586 | 0 | 0 |
| UMH Properties Inc | COM | 903002103 | 454,020 | 28,200 | SH | | DFND | 1 | 28,200 | 0 | 0 |
| Urban Edge Properties | COM | 91704F104 | 20,964,835 | 1,487,923 | SH | | DFND | 1 | 1,487,923 | 0 | 0 |
| Ventas Inc | COM | 92276F100 | 226,000,000 | 5,012,705 | SH | | DFND | 1 | 5,012,705 | 0 | 0 |
| Veris Residential Inc | COM | 554489104 | 14,775,744 | 927,542 | SH | | DFND | 1 | 927,542 | 0 | 0 |
| VICI Properties Inc | COM | 925652109 | 96,250,615 | 2,970,698 | SH | | DFND | 1 | 2,970,698 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 | 243,000,000 | 3,700,878 | SH | | DFND | 1 | 3,700,878 | 0 | 0 |
| Weyerhaeuser Co | COM | 962166104 | 14,048,580 | 453,180 | SH | | DFND | 1 | 453,180 | 0 | 0 |
| WP Carey Inc | COM | 92936U109 | 17,703,241 | 226,529 | SH | | DFND | 1 | 226,529 | 0 | 0 |
| Xenia Hotels & Resorts Inc | COM | 984017103 | 59,420,910 | 4,508,415 | SH | | DFND | 1 | 4,508,415 | 0 | 0 |
| Tricon Residential | COM | 89612W102 | 1,133,417 | 147,100 | SH | | DFND | 1 | 147,100 | 0 | 0 |
| Acadia Realty Trust | COM | 004239109 | 11,751,359 | 818,910 | SH | | DFND | 2 | 818,910 | 0 | 0 |
| Agree Realty Corp | COM | 008492100 | 36,350,206 | 512,480 | SH | | DFND | 2 | 512,480 | 0 | 0 |
| Alexandria Real Estate Equitie | COM | 015271109 | 41,416,894 | 284,320 | SH | | DFND | 2 | 284,320 | 0 | 0 |
| American Homes 4 Rent | COM | 02665T306 | 25,116,265 | 833,320 | SH | | DFND | 2 | 833,320 | 0 | 0 |
| Americold Realty Trust Inc | COM | 03064D108 | 14,271,637 | 504,120 | SH | | DFND | 2 | 504,120 | 0 | 0 |
| Apple Hospitality REIT Inc | COM | 03784Y200 | 6,725,752 | 426,220 | SH | | DFND | 2 | 426,220 | 0 | 0 |
| Avalon Bay Communities | COM | 053484101 | 49,413,814 | 305,930 | SH | | DFND | 2 | 305,930 | 0 | 0 |
| Brixmor Property Group Inc | COM | 11120U105 | 28,853,243 | 1,272,750 | SH | | DFND | 2 | 1,272,750 | 0 | 0 |
| Broadstone Net Lease Inc | COM | 11135E203 | 18,949,652 | 1,169,010 | SH | | DFND | 2 | 1,169,010 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 | 12,228,727 | 483,540 | SH | | DFND | 2 | 483,540 | 0 | 0 |
| Cubesmart | COM | 229663109 | 8,479,065 | 210,660 | SH | | DFND | 2 | 210,660 | 0 | 0 |
| DiamondRock Hospitality Co | COM | 252784301 | 5,586,563 | 682,120 | SH | | DFND | 2 | 682,120 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 | 60,283,327 | 601,210 | SH | | DFND | 2 | 601,210 | 0 | 0 |
| Douglas Emmett Inc | COM | 25960P109 | 12,885,824 | 821,800 | SH | | DFND | 2 | 821,800 | 0 | 0 |
| Equinix Inc | COM | 29444U700 | 78,200,102 | 119,384 | SH | | DFND | 2 | 119,384 | 0 | 0 |
| Equity Residential Properties | COM | 29476L107 | 49,689,210 | 842,190 | SH | | DFND | 2 | 842,190 | 0 | 0 |
| Essex Property Trust Inc | COM | 297178105 | 10,901,165 | 51,440 | SH | | DFND | 2 | 51,440 | 0 | 0 |
| Extra Space Storage Inc | COM | 30225T102 | 15,339,836 | 104,225 | SH | | DFND | 2 | 104,225 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 | 32,695,185 | 677,480 | SH | | DFND | 2 | 677,480 | 0 | 0 |
| Four Corners Property Trust | COM | 35086T109 | 10,849,112 | 418,400 | SH | | DFND | 2 | 418,400 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 | 18,225,639 | 726,990 | SH | | DFND | 2 | 726,990 | 0 | 0 |
| Highwoods Properties Inc | COM | 431284108 | 13,601,358 | 486,110 | SH | | DFND | 2 | 486,110 | 0 | 0 |
| Host Hotels & Resorts Inc | COM | 44107P104 | 16,668,407 | 1,038,530 | SH | | DFND | 2 | 1,038,530 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 | 47,489,801 | 1,602,220 | SH | | DFND | 2 | 1,602,220 | 0 | 0 |
| Kilroy Realty Corporation | COM | 49427F108 | 22,006,478 | 569,084 | SH | | DFND | 2 | 569,084 | 0 | 0 |
| Life Storage Inc | COM | 53223X107 | 27,451,261 | 278,693 | SH | | DFND | 2 | 278,693 | 0 | 0 |
| Medical Properties Trust Inc | COM | 58463J304 | 20,706,252 | 1,858,730 | SH | | DFND | 2 | 1,858,730 | 0 | 0 |
| Mid-America Apartment Communit | COM | 59522J103 | 25,202,861 | 160,538 | SH | | DFND | 2 | 160,538 | 0 | 0 |
| Omega Healthcare Investors Inc | COM | 681936100 | 5,131,341 | 183,590 | SH | | DFND | 2 | 183,590 | 0 | 0 |
| Outfront Media Inc | COM | 69007J106 | 6,228,841 | 375,684 | SH | | DFND | 2 | 375,684 | 0 | 0 |
| Park Hotels & Resorts Inc | COM | 700517105 | 6,031,175 | 511,550 | SH | | DFND | 2 | 511,550 | 0 | 0 |
| Phillips Edison & Company Inc | COM | 71844V201 | 7,652,744 | 240,350 | SH | | DFND | 2 | 240,350 | 0 | 0 |
| Prologis Trust | COM | 74340W103 | 142,000,000 | 1,257,926 | SH | | DFND | 2 | 1,257,926 | 0 | 0 |
| Public Storage Inc | COM | 74460D109 | 70,238,029 | 250,680 | SH | | DFND | 2 | 250,680 | 0 | 0 |
| Realty Income Corp | COM | 756109104 | 68,270,343 | 1,076,310 | SH | | DFND | 2 | 1,076,310 | 0 | 0 |
| Regency Centers Corp | COM | 758849103 | 19,413,125 | 310,610 | SH | | DFND | 2 | 310,610 | 0 | 0 |
| Rexford Industrial Realty | COM | 76169C100 | 25,534,037 | 467,314 | SH | | DFND | 2 | 467,314 | 0 | 0 |
| RPT Realty | COM | 74971D101 | 12,840,989 | 1,278,983 | SH | | DFND | 2 | 1,278,983 | 0 | 0 |
| Sabra Health Care REIT Inc | COM | 78573L106 | 15,264,289 | 1,228,020 | SH | | DFND | 2 | 1,228,020 | 0 | 0 |
| SBA Communications Corp | COM | 78410G104 | 14,484,739 | 51,674 | SH | | DFND | 2 | 51,674 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 | 47,873,100 | 407,500 | SH | | DFND | 2 | 407,500 | 0 | 0 |
| Spirit Realty Capital | COM | 84860W300 | 13,094,644 | 327,940 | SH | | DFND | 2 | 327,940 | 0 | 0 |
| Sun Communities Inc | COM | 866674104 | 54,101,190 | 378,330 | SH | | DFND | 2 | 378,330 | 0 | 0 |
| UDR Inc | COM | 902653104 | 32,106,008 | 828,970 | SH | | DFND | 2 | 828,970 | 0 | 0 |
| Urban Edge Properties | COM | 91704F104 | 7,332,859 | 520,430 | SH | | DFND | 2 | 520,430 | 0 | 0 |
| Ventas Inc | COM | 92276F100 | 46,655,672 | 1,035,642 | SH | | DFND | 2 | 1,035,642 | 0 | 0 |
| Veris Residential Inc | COM | 554489104 | 4,807,770 | 301,806 | SH | | DFND | 2 | 301,806 | 0 | 0 |
| VICI Properties Inc | COM | 925652109 | 28,673,028 | 884,970 | SH | | DFND | 2 | 884,970 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 | 53,333,184 | 813,626 | SH | | DFND | 2 | 813,626 | 0 | 0 |
| Xenia Hotels & Resorts Inc | COM | 984017103 | 11,389,497 | 864,150 | SH | | DFND | 2 | 864,150 | 0 | 0 |
| Acadia Realty Trust | COM | 004239109 | 1,802,848 | 125,634 | SH | | DFND | 3 | 125,634 | 0 | 0 |
| Agree Realty Corp | COM | 008492100 | 6,390,084 | 90,090 | SH | | DFND | 3 | 90,090 | 0 | 0 |
| Alexandria Real Estate Equitie | COM | 015271109 | 5,896,722 | 40,480 | SH | | DFND | 3 | 40,480 | 0 | 0 |
| American Homes 4 Rent | COM | 02665T306 | 3,794,626 | 125,900 | SH | | DFND | 3 | 125,900 | 0 | 0 |
| American Tower Corp | COM | 03027X100 | 3,642,297 | 17,192 | SH | | DFND | 3 | 17,192 | 0 | 0 |
| Americold Realty Trust Inc | COM | 03064D108 | 2,001,517 | 70,700 | SH | | DFND | 3 | 70,700 | 0 | 0 |
| Avalon Bay Communities | COM | 053484101 | 7,646,357 | 47,340 | SH | | DFND | 3 | 47,340 | 0 | 0 |
| Brixmor Property Group Inc | COM | 11120U105 | 4,208,912 | 185,660 | SH | | DFND | 3 | 185,660 | 0 | 0 |
| Broadstone Net Lease Inc | COM | 11135E203 | 2,796,549 | 172,520 | SH | | DFND | 3 | 172,520 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 | 1,828,088 | 72,285 | SH | | DFND | 3 | 72,285 | 0 | 0 |
| Crown Castle Intl Corp | COM | 22822V101 | 2,125,479 | 15,670 | SH | | DFND | 3 | 15,670 | 0 | 0 |
| Cubesmart | COM | 229663109 | 1,271,095 | 31,580 | SH | | DFND | 3 | 31,580 | 0 | 0 |
| DiamondRock Hospitality Co | COM | 252784301 | 166,667 | 20,350 | SH | | DFND | 3 | 20,350 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 | 8,844,817 | 88,210 | SH | | DFND | 3 | 88,210 | 0 | 0 |
| Douglas Emmett Inc | COM | 25960P109 | 1,997,162 | 127,370 | SH | | DFND | 3 | 127,370 | 0 | 0 |
| Equinix Inc | COM | 29444U700 | 9,742,916 | 14,874 | SH | | DFND | 3 | 14,874 | 0 | 0 |
| Equity Residential Properties | COM | 29476L107 | 7,293,580 | 123,620 | SH | | DFND | 3 | 123,620 | 0 | 0 |
| Essex Property Trust Inc | COM | 297178105 | 353,906 | 1,670 | SH | | DFND | 3 | 1,670 | 0 | 0 |
| Extra Space Storage Inc | COM | 30225T102 | 414,017 | 2,813 | SH | | DFND | 3 | 2,813 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 | 3,589,096 | 74,370 | SH | | DFND | 3 | 74,370 | 0 | 0 |
| Four Corners Property Trust | COM | 35086T109 | 424,474 | 16,370 | SH | | DFND | 3 | 16,370 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 | 458,530 | 18,290 | SH | | DFND | 3 | 18,290 | 0 | 0 |
| Highwoods Properties Inc | COM | 431284108 | 1,796,876 | 64,220 | SH | | DFND | 3 | 64,220 | 0 | 0 |
| Host Hotels & Resorts Inc | COM | 44107P104 | 1,904,333 | 118,650 | SH | | DFND | 3 | 118,650 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 | 6,832,020 | 230,500 | SH | | DFND | 3 | 230,500 | 0 | 0 |
| Kilroy Realty Corporation | COM | 49427F108 | 2,940,467 | 76,040 | SH | | DFND | 3 | 76,040 | 0 | 0 |
| Life Storage Inc | COM | 53223X107 | 4,643,290 | 47,140 | SH | | DFND | 3 | 47,140 | 0 | 0 |
| Medical Properties Trust Inc | COM | 58463J304 | 3,330,548 | 298,972 | SH | | DFND | 3 | 298,972 | 0 | 0 |
| Mid-America Apartment Communit | COM | 59522J103 | 2,558,937 | 16,300 | SH | | DFND | 3 | 16,300 | 0 | 0 |
| Park Hotels & Resorts Inc | COM | 700517105 | 1,151,294 | 97,650 | SH | | DFND | 3 | 97,650 | 0 | 0 |
| Phillips Edison & Company Inc | COM | 71844V201 | 291,654 | 9,160 | SH | | DFND | 3 | 9,160 | 0 | 0 |
| Prologis Trust | COM | 74340W103 | 20,082,850 | 178,150 | SH | | DFND | 3 | 178,150 | 0 | 0 |
| Public Storage Inc | COM | 74460D109 | 9,257,478 | 33,040 | SH | | DFND | 3 | 33,040 | 0 | 0 |
| Realty Income Corp | COM | 756109104 | 9,455,510 | 149,070 | SH | | DFND | 3 | 149,070 | 0 | 0 |
| Regency Centers Corp | COM | 758849103 | 2,443,125 | 39,090 | SH | | DFND | 3 | 39,090 | 0 | 0 |
| Rexford Industrial Realty | COM | 76169C100 | 3,318,287 | 60,730 | SH | | DFND | 3 | 60,730 | 0 | 0 |
| RPT Realty | COM | 74971D101 | 2,169,152 | 216,051 | SH | | DFND | 3 | 216,051 | 0 | 0 |
| Sabra Health Care REIT Inc | COM | 78573L106 | 2,596,130 | 208,860 | SH | | DFND | 3 | 208,860 | 0 | 0 |
| SBA Communications Corp | COM | 78410G104 | 4,008,433 | 14,300 | SH | | DFND | 3 | 14,300 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 | 5,514,511 | 46,940 | SH | | DFND | 3 | 46,940 | 0 | 0 |
| Spirit Realty Capital | COM | 84860W300 | 395,706 | 9,910 | SH | | DFND | 3 | 9,910 | 0 | 0 |
| Sun Communities Inc | COM | 866674104 | 7,155,720 | 50,040 | SH | | DFND | 3 | 50,040 | 0 | 0 |
| UDR Inc | COM | 902653104 | 4,756,431 | 122,810 | SH | | DFND | 3 | 122,810 | 0 | 0 |
| Urban Edge Properties | COM | 91704F104 | 189,933 | 13,480 | SH | | DFND | 3 | 13,480 | 0 | 0 |
| Ventas Inc | COM | 92276F100 | 7,067,759 | 156,887 | SH | | DFND | 3 | 156,887 | 0 | 0 |
| VICI Properties Inc | COM | 925652109 | 683,964 | 21,110 | SH | | DFND | 3 | 21,110 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 | 7,356,218 | 112,223 | SH | | DFND | 3 | 112,223 | 0 | 0 |
| Weyerhaeuser Co | COM | 962166104 | 900,860 | 29,060 | SH | | DFND | 3 | 29,060 | 0 | 0 |
| Xenia Hotels & Resorts Inc | COM | 984017103 | 2,294,243 | 174,070 | SH | | DFND | 3 | 174,070 | 0 | 0 |
| Acadia Realty Trust | COM | 004239109 | 2,059,354 | 143,509 | SH | | DFND | 4 | 143,509 | 0 | 0 |
| Agree Realty Corp | COM | 008492100 | 6,687,280 | 94,280 | SH | | DFND | 4 | 94,280 | 0 | 0 |
| Alexandria Real Estate Equitie | COM | 015271109 | 2,665,761 | 18,300 | SH | | DFND | 4 | 18,300 | 0 | 0 |
| American Homes 4 Rent | COM | 02665T306 | 3,074,883 | 102,020 | SH | | DFND | 4 | 102,020 | 0 | 0 |
| Americold Realty Trust Inc | COM | 03064D108 | 2,049,927 | 72,410 | SH | | DFND | 4 | 72,410 | 0 | 0 |
| Avalon Bay Communities | COM | 053484101 | 8,350,584 | 51,700 | SH | | DFND | 4 | 51,700 | 0 | 0 |
| Brixmor Property Group Inc | COM | 11120U105 | 4,203,245 | 185,410 | SH | | DFND | 4 | 185,410 | 0 | 0 |
| Broadstone Net Lease Inc | COM | 11135E203 | 3,112,320 | 192,000 | SH | | DFND | 4 | 192,000 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 | 2,176,736 | 86,071 | SH | | DFND | 4 | 86,071 | 0 | 0 |
| Cubesmart | COM | 229663109 | 1,007,860 | 25,040 | SH | | DFND | 4 | 25,040 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 | 9,737,220 | 97,110 | SH | | DFND | 4 | 97,110 | 0 | 0 |
| Douglas Emmett Inc | COM | 25960P109 | 2,158,038 | 137,630 | SH | | DFND | 4 | 137,630 | 0 | 0 |
| Equinix Inc | COM | 29444U700 | 10,005,583 | 15,275 | SH | | DFND | 4 | 15,275 | 0 | 0 |
| Equity Residential Properties | COM | 29476L107 | 7,995,090 | 135,510 | SH | | DFND | 4 | 135,510 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 | 3,811,816 | 78,985 | SH | | DFND | 4 | 78,985 | 0 | 0 |
| Highwoods Properties Inc | COM | 431284108 | 1,976,339 | 70,634 | SH | | DFND | 4 | 70,634 | 0 | 0 |
| Host Hotels & Resorts Inc | COM | 44107P104 | 1,713,498 | 106,760 | SH | | DFND | 4 | 106,760 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 | 7,520,261 | 253,720 | SH | | DFND | 4 | 253,720 | 0 | 0 |
| Kilroy Realty Corporation | COM | 49427F108 | 3,117,498 | 80,618 | SH | | DFND | 4 | 80,618 | 0 | 0 |
| Life Storage Inc | COM | 53223X107 | 5,285,412 | 53,659 | SH | | DFND | 4 | 53,659 | 0 | 0 |
| Medical Properties Trust Inc | COM | 58463J304 | 3,984,188 | 357,647 | SH | | DFND | 4 | 357,647 | 0 | 0 |
| Mid-America Apartment Communit | COM | 59522J103 | 2,087,967 | 13,300 | SH | | DFND | 4 | 13,300 | 0 | 0 |
| Park Hotels & Resorts Inc | COM | 700517105 | 1,389,923 | 117,890 | SH | | DFND | 4 | 117,890 | 0 | 0 |
| Prologis Trust | COM | 74340W103 | 21,303,715 | 188,980 | SH | | DFND | 4 | 188,980 | 0 | 0 |
| Public Storage Inc | COM | 74460D109 | 9,568,489 | 34,150 | SH | | DFND | 4 | 34,150 | 0 | 0 |
| Realty Income Corp | COM | 756109104 | 8,982,322 | 141,610 | SH | | DFND | 4 | 141,610 | 0 | 0 |
| Regency Centers Corp | COM | 758849103 | 1,880,000 | 30,080 | SH | | DFND | 4 | 30,080 | 0 | 0 |
| Rexford Industrial Realty | COM | 76169C100 | 3,420,464 | 62,600 | SH | | DFND | 4 | 62,600 | 0 | 0 |
| RPT Realty | COM | 74971D101 | 2,712,507 | 270,170 | SH | | DFND | 4 | 270,170 | 0 | 0 |
| Sabra Health Care REIT Inc | COM | 78573L106 | 3,150,881 | 253,490 | SH | | DFND | 4 | 253,490 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 | 5,768,268 | 49,100 | SH | | DFND | 4 | 49,100 | 0 | 0 |
| Sun Communities Inc | COM | 866674104 | 7,117,110 | 49,770 | SH | | DFND | 4 | 49,770 | 0 | 0 |
| UDR Inc | COM | 902653104 | 5,059,300 | 130,630 | SH | | DFND | 4 | 130,630 | 0 | 0 |
| Ventas Inc | COM | 92276F100 | 7,617,009 | 169,079 | SH | | DFND | 4 | 169,079 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 | 7,894,842 | 120,440 | SH | | DFND | 4 | 120,440 | 0 | 0 |
| Xenia Hotels & Resorts Inc | COM | 984017103 | 2,701,373 | 204,960 | SH | | DFND | 4 | 204,960 | 0 | 0 |
