| 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 | 9,625,564 | 670,771 | SH | | DFND | 1 | 670,771 | 0 | 0 |
| Agree Realty Corp | COM | 008492100 | 171,240,244 | 3,099,932 | SH | | DFND | 1 | 3,099,932 | 0 | 0 |
| Alexandria Real Estate Equitie | COM | 015271109 | 123,371,048 | 1,232,478 | SH | | DFND | 1 | 1,232,478 | 0 | 0 |
| American Assets Trust | COM | 024013104 | 402,032 | 20,670 | SH | | DFND | 1 | 20,670 | 0 | 0 |
| American Homes 4 Rent | COM | 02665T306 | 118,770,659 | 3,525,398 | SH | | DFND | 1 | 3,525,398 | 0 | 0 |
| American Tower Corp | COM | 03027X100 | 119,739,498 | 728,121 | SH | | DFND | 1 | 728,121 | 0 | 0 |
| Americold Realty Trust Inc | COM | 03064D108 | 29,737,422 | 977,883 | SH | | DFND | 1 | 977,883 | 0 | 0 |
| Apartment Income REIT Corp | COM | 03750L109 | 1,893,852 | 61,689 | SH | | DFND | 1 | 61,689 | 0 | 0 |
| Apartment Investment and Manag | COM | 03748R747 | 529,720 | 77,900 | SH | | DFND | 1 | 77,900 | 0 | 0 |
| Avalon Bay Communities | COM | 053484101 | 192,356,872 | 1,120,047 | SH | | DFND | 1 | 1,120,047 | 0 | 0 |
| Boston Properties | COM | 101121101 | 70,273,657 | 1,181,467 | SH | | DFND | 1 | 1,181,467 | 0 | 0 |
| Brandywine Realty Trust | COM | 105368203 | 519,603 | 114,450 | SH | | DFND | 1 | 114,450 | 0 | 0 |
| Brixmor Property Group Inc | COM | 11120U105 | 121,524,079 | 5,848,127 | SH | | DFND | 1 | 5,848,127 | 0 | 0 |
| Broadstone Net Lease Inc | COM | 11135E203 | 63,519,156 | 4,441,899 | SH | | DFND | 1 | 4,441,899 | 0 | 0 |
| Camden Property Trust | COM | 133131102 | 5,052,464 | 53,420 | SH | | DFND | 1 | 53,420 | 0 | 0 |
| CareTrust REIT Inc | COM | 14174T107 | 52,099,951 | 2,541,461 | SH | | DFND | 1 | 2,541,461 | 0 | 0 |
| COPT Defense Properties | COM | 22002T108 | 2,418,745 | 101,500 | SH | | DFND | 1 | 101,500 | 0 | 0 |
| Corp Inmobiliaria Vesta SAB | COM | 92540K109 | 6,237,083 | 189,750 | SH | | DFND | 1 | 189,750 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 | 65,495,926 | 3,215,313 | SH | | DFND | 1 | 3,215,313 | 0 | 0 |
| Crown Castle Intl Corp | COM | 22822V101 | 8,137,293 | 88,420 | SH | | DFND | 1 | 88,420 | 0 | 0 |
| Cubesmart | COM | 229663109 | 4,654,033 | 122,057 | SH | | DFND | 1 | 122,057 | 0 | 0 |
| DiamondRock Hospitality Co | COM | 252784301 | 22,210,137 | 2,765,895 | SH | | DFND | 1 | 2,765,895 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 | 297,901,017 | 2,461,585 | SH | | DFND | 1 | 2,461,585 | 0 | 0 |
| DigitalBridge Group Inc | COM | 25401T603 | 1,056,031 | 60,070 | SH | | DFND | 1 | 60,070 | 0 | 0 |
| Douglas Emmett Inc | COM | 25960P109 | 52,452,341 | 4,110,685 | SH | | DFND | 1 | 4,110,685 | 0 | 0 |
| EastGroup Properties Inc | COM | 277276101 | 3,848,675 | 23,111 | SH | | DFND | 1 | 23,111 | 0 | 0 |
| Elme Communities | COM | 939653101 | 14,991,860 | 1,099,110 | SH | | DFND | 1 | 1,099,110 | 0 | 0 |
| Empire State Realty Trust | COM | 292104106 | 650,524 | 80,911 | SH | | DFND | 1 | 80,911 | 0 | 0 |
| Equinix Inc | COM | 29444U700 | 432,874,927 | 596,033 | SH | | DFND | 1 | 596,033 | 0 | 0 |
| Equity Lifestyle Properties | COM | 29472R108 | 6,379,282 | 100,130 | SH | | DFND | 1 | 100,130 | 0 | 0 |
| Equity Residential Properties | COM | 29476L107 | 238,675,407 | 4,065,328 | SH | | DFND | 1 | 4,065,328 | 0 | 0 |
| Essential Properties Realty | COM | 29670E107 | 271,283 | 12,542 | SH | | DFND | 1 | 12,542 | 0 | 0 |
| Essex Property Trust Inc | COM | 297178105 | 8,062,601 | 38,015 | SH | | DFND | 1 | 38,015 | 0 | 0 |
| Extra Space Storage Inc | COM | 30225T102 | 271,874,278 | 2,236,176 | SH | | DFND | 1 | 2,236,176 | 0 | 0 |
| Federal Realty Investment Trus | COM | 313745101 | 3,631,453 | 40,069 | SH | | DFND | 1 | 40,069 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 | 135,784,502 | 2,853,215 | SH | | DFND | 1 | 2,853,215 | 0 | 0 |
| Four Corners Property Trust | COM | 35086T109 | 295,837 | 13,332 | SH | | DFND | 1 | 13,332 | 0 | 0 |
| Healthcare Realty Trust Inc | COM | 42226K105 | 3,139,955 | 205,629 | SH | | DFND | 1 | 205,629 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 | 128,057,750 | 6,974,823 | SH | | DFND | 1 | 6,974,823 | 0 | 0 |
| Highwoods Properties Inc | COM | 431284108 | 8,872,296 | 430,485 | SH | | DFND | 1 | 430,485 | 0 | 0 |
| Host Hotels & Resorts Inc | COM | 44107P104 | 101,588,000 | 6,321,593 | SH | | DFND | 1 | 6,321,593 | 0 | 0 |
| Hudson Pacific Properties | COM | 444097109 | 438,767 | 65,980 | SH | | DFND | 1 | 65,980 | 0 | 0 |
| IHS Holding Ltd | COM | G4701H109 | 666,000 | 120,000 | SH | | DFND | 1 | 120,000 | 0 | 0 |
| Independence Realty Trust Inc | COM | 45378A106 | 8,431,968 | 599,287 | SH | | DFND | 1 | 599,287 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 | 192,380,483 | 6,070,700 | SH | | DFND | 1 | 6,070,700 | 0 | 0 |
| Iron Mountain Inc | COM | 46284V101 | 1,137,576 | 19,135 | SH | | DFND | 1 | 19,135 | 0 | 0 |
| JBG Smith Properties | COM | 46590V100 | 389,466 | 26,934 | SH | | DFND | 1 | 26,934 | 0 | 0 |
| Kilroy Realty Corporation | COM | 49427F108 | 62,070,787 | 1,963,644 | SH | | DFND | 1 | 1,963,644 | 0 | 0 |
| Kimco Realty Corp | COM | 49446R109 | 125,142,120 | 7,114,390 | SH | | DFND | 1 | 7,114,390 | 0 | 0 |
| Kite Realty Group Trust | COM | 49803T300 | 2,542,383 | 118,692 | SH | | DFND | 1 | 118,692 | 0 | 0 |
| Lamar Advertising Company | COM | 512816109 | 2,099,020 | 25,147 | SH | | DFND | 1 | 25,147 | 0 | 0 |
| LXP Industrial Trust | COM | 529043101 | 1,369,710 | 153,900 | SH | | DFND | 1 | 153,900 | 0 | 0 |
| Medical Properties Trust Inc | COM | 58463J304 | 45,548,130 | 8,357,455 | SH | | DFND | 1 | 8,357,455 | 0 | 0 |
| Mid-America Apartment Communit | COM | 59522J103 | 45,094,527 | 350,521 | SH | | DFND | 1 | 350,521 | 0 | 0 |
| NetSTREIT Corp | COM | 64119V303 | 415,986 | 26,700 | SH | | DFND | 1 | 26,700 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | 1,059,865 | 18,500 | SH | | DFND | 1 | 18,500 | 0 | 0 |
| NNN REIT | COM | 637417106 | 9,289,543 | 262,862 | SH | | DFND | 1 | 262,862 | 0 | 0 |
| Omega Healthcare Investors Inc | COM | 681936100 | 63,861,451 | 1,925,858 | SH | | DFND | 1 | 1,925,858 | 0 | 0 |
| Outfront Media Inc | COM | 69007J106 | 4,783,310 | 473,595 | SH | | DFND | 1 | 473,595 | 0 | 0 |
| Phillips Edison & Company Inc | COM | 71844V201 | 2,079,480 | 62,000 | SH | | DFND | 1 | 62,000 | 0 | 0 |
| Physicians Realty Trust | COM | 71943U104 | 1,177,615 | 96,605 | SH | | DFND | 1 | 96,605 | 0 | 0 |
| Piedmont Office Realty Trust I | COM | 720190206 | 259,138 | 46,110 | SH | | DFND | 1 | 46,110 | 0 | 0 |
| Prologis Trust | COM | 74340W103 | 574,280,906 | 5,117,912 | SH | | DFND | 1 | 5,117,912 | 0 | 0 |
| Public Storage Inc | COM | 74460D109 | 211,049,479 | 800,886 | SH | | DFND | 1 | 800,886 | 0 | 0 |
| Realty Income Corp | COM | 756109104 | 228,468,808 | 4,574,866 | SH | | DFND | 1 | 4,574,866 | 0 | 0 |
| Regency Centers Corp | COM | 758849103 | 6,684,325 | 112,455 | SH | | DFND | 1 | 112,455 | 0 | 0 |
| Retail Opportunity Investments | COM | 76131N101 | 62,710,011 | 5,065,429 | SH | | DFND | 1 | 5,065,429 | 0 | 0 |
| Rexford Industrial Realty | COM | 76169C100 | 140,729,125 | 2,851,654 | SH | | DFND | 1 | 2,851,654 | 0 | 0 |
| RPT Realty | COM | 74971D101 | 40,861,793 | 3,869,488 | SH | | DFND | 1 | 3,869,488 | 0 | 0 |
| Saul Centers Inc | COM | 804395101 | 264,525 | 7,500 | SH | | DFND | 1 | 7,500 | 0 | 0 |
| SBA Communications Corp | COM | 78410G104 | 71,108,791 | 355,242 | SH | | DFND | 1 | 355,242 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 | 168,374,802 | 1,558,593 | SH | | DFND | 1 | 1,558,593 | 0 | 0 |
| Spirit Realty Capital | COM | 84860W300 | 2,590,394 | 77,256 | SH | | DFND | 1 | 77,256 | 0 | 0 |
| STAG Industrial | COM | 85254J102 | 3,303,642 | 95,730 | SH | | DFND | 1 | 95,730 | 0 | 0 |
| Sun Communities Inc | COM | 866674104 | 196,637,886 | 1,661,635 | SH | | DFND | 1 | 1,661,635 | 0 | 0 |
| Terreno Realty Corp | COM | 88146M101 | 1,738,875 | 30,614 | SH | | DFND | 1 | 30,614 | 0 | 0 |
| Tricon Residential Inc | COM | 89612W102 | 60,053,819 | 8,115,381 | SH | | DFND | 1 | 8,115,381 | 0 | 0 |
| UDR Inc | COM | 902653104 | 166,459,156 | 4,666,643 | SH | | DFND | 1 | 4,666,643 | 0 | 0 |
| UMH Properties Inc | COM | 903002103 | 395,364 | 28,200 | SH | | DFND | 1 | 28,200 | 0 | 0 |
| Urban Edge Properties | COM | 91704F104 | 24,831,591 | 1,627,234 | SH | | DFND | 1 | 1,627,234 | 0 | 0 |
| Ventas Inc | COM | 92276F100 | 216,016,814 | 5,127,387 | SH | | DFND | 1 | 5,127,387 | 0 | 0 |
| VICI Properties Inc | COM | 925652109 | 127,840,461 | 4,393,143 | SH | | DFND | 1 | 4,393,143 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 | 281,602,867 | 3,437,535 | SH | | DFND | 1 | 3,437,535 | 0 | 0 |
| Weyerhaeuser Co | COM | 962166104 | 13,528,418 | 441,240 | SH | | DFND | 1 | 441,240 | 0 | 0 |
| WP Carey Inc | COM | 92936U109 | 6,986,541 | 129,189 | SH | | DFND | 1 | 129,189 | 0 | 0 |
| Xenia Hotels & Resorts Inc | COM | 984017103 | 49,541,544 | 4,205,564 | SH | | DFND | 1 | 4,205,564 | 0 | 0 |
| Acadia Realty Trust | COM | 004239109 | 4,476,239 | 311,933 | SH | | DFND | 2 | 311,933 | 0 | 0 |
| Agree Realty Corp | COM | 008492100 | 38,770,746 | 701,860 | SH | | DFND | 2 | 701,860 | 0 | 0 |
| Alexandria Real Estate Equitie | COM | 015271109 | 29,715,686 | 296,860 | SH | | DFND | 2 | 296,860 | 0 | 0 |
| American Homes 4 Rent | COM | 02665T306 | 26,723,582 | 793,220 | SH | | DFND | 2 | 793,220 | 0 | 0 |
| American Tower Corp | COM | 03027X100 | 14,272,616 | 86,790 | SH | | DFND | 2 | 86,790 | 0 | 0 |
| Americold Realty Trust Inc | COM | 03064D108 | 7,955,256 | 261,600 | SH | | DFND | 2 | 261,600 | 0 | 0 |
| Avalon Bay Communities | COM | 053484101 | 49,543,727 | 288,481 | SH | | DFND | 2 | 288,481 | 0 | 0 |
| Boston Properties | COM | 101121101 | 16,148,820 | 271,500 | SH | | DFND | 2 | 271,500 | 0 | 0 |
| Brixmor Property Group Inc | COM | 11120U105 | 26,218,957 | 1,261,740 | SH | | DFND | 2 | 1,261,740 | 0 | 0 |
| Broadstone Net Lease Inc | COM | 11135E203 | 17,542,096 | 1,226,720 | SH | | DFND | 2 | 1,226,720 | 0 | 0 |
| CareTrust REIT Inc | COM | 14174T107 | 12,260,640 | 598,080 | SH | | DFND | 2 | 598,080 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 | 16,686,900 | 819,190 | SH | | DFND | 2 | 819,190 | 0 | 0 |
| DiamondRock Hospitality Co | COM | 252784301 | 8,415,440 | 1,048,000 | SH | | DFND | 2 | 1,048,000 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 | 66,066,028 | 545,910 | SH | | DFND | 2 | 545,910 | 0 | 0 |
| Douglas Emmett Inc | COM | 25960P109 | 14,260,704 | 1,117,610 | SH | | DFND | 2 | 1,117,610 | 0 | 0 |
| Elme Communities | COM | 939653101 | 5,542,600 | 406,349 | SH | | DFND | 2 | 406,349 | 0 | 0 |
| Equinix Inc | COM | 29444U700 | 111,034,986 | 152,886 | SH | | DFND | 2 | 152,886 | 0 | 0 |
| Equity Residential Properties | COM | 29476L107 | 52,904,051 | 901,108 | SH | | DFND | 2 | 901,108 | 0 | 0 |
| Extra Space Storage Inc | COM | 30225T102 | 64,605,180 | 531,380 | SH | | DFND | 2 | 531,380 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 | 31,011,072 | 651,630 | SH | | DFND | 2 | 651,630 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 | 34,695,259 | 1,889,720 | SH | | DFND | 2 | 1,889,720 | 0 | 0 |
| Highwoods Properties Inc | COM | 431284108 | 3,438,284 | 166,826 | SH | | DFND | 2 | 166,826 | 0 | 0 |
| Host Hotels & Resorts Inc | COM | 44107P104 | 27,169,388 | 1,690,690 | SH | | DFND | 2 | 1,690,690 | 0 | 0 |
| Independence Realty Trust Inc | COM | 45378A106 | 3,298,444 | 234,431 | SH | | DFND | 2 | 234,431 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 | 39,471,796 | 1,245,560 | SH | | DFND | 2 | 1,245,560 | 0 | 0 |
| Kilroy Realty Corporation | COM | 49427F108 | 14,417,637 | 456,110 | SH | | DFND | 2 | 456,110 | 0 | 0 |
| Kimco Realty Corp | COM | 49446R109 | 32,322,680 | 1,837,560 | SH | | DFND | 2 | 1,837,560 | 0 | 0 |
| Medical Properties Trust Inc | COM | 58463J304 | 10,683,657 | 1,960,304 | SH | | DFND | 2 | 1,960,304 | 0 | 0 |
| Mid-America Apartment Communit | COM | 59522J103 | 11,631,247 | 90,410 | SH | | DFND | 2 | 90,410 | 0 | 0 |
| Omega Healthcare Investors Inc | COM | 681936100 | 18,900,868 | 569,990 | SH | | DFND | 2 | 569,990 | 0 | 0 |
| Outfront Media Inc | COM | 69007J106 | 2,616,557 | 259,065 | SH | | DFND | 2 | 259,065 | 0 | 0 |
| Prologis Trust | COM | 74340W103 | 137,255,160 | 1,223,199 | SH | | DFND | 2 | 1,223,199 | 0 | 0 |
| Public Storage Inc | COM | 74460D109 | 54,448,502 | 206,620 | SH | | DFND | 2 | 206,620 | 0 | 0 |
| Realty Income Corp | COM | 756109104 | 58,054,251 | 1,162,480 | SH | | DFND | 2 | 1,162,480 | 0 | 0 |
| Retail Opportunity Investments | COM | 76131N101 | 14,646,382 | 1,183,068 | SH | | DFND | 2 | 1,183,068 | 0 | 0 |
| Rexford Industrial Realty | COM | 76169C100 | 33,320,133 | 675,180 | SH | | DFND | 2 | 675,180 | 0 | 0 |
| RPT Realty | COM | 74971D101 | 11,141,138 | 1,055,032 | SH | | DFND | 2 | 1,055,032 | 0 | 0 |
| SBA Communications Corp | COM | 78410G104 | 6,625,627 | 33,100 | SH | | DFND | 2 | 33,100 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 | 41,894,034 | 387,800 | SH | | DFND | 2 | 387,800 | 0 | 0 |
| Sun Communities Inc | COM | 866674104 | 47,121,805 | 398,190 | SH | | DFND | 2 | 398,190 | 0 | 0 |
| Tricon Residential Inc | COM | 89612W102 | 15,845,990 | 2,141,350 | SH | | DFND | 2 | 2,141,350 | 0 | 0 |
| UDR Inc | COM | 902653104 | 36,629,059 | 1,026,887 | SH | | DFND | 2 | 1,026,887 | 0 | 0 |
| Urban Edge Properties | COM | 91704F104 | 9,119,315 | 597,596 | SH | | DFND | 2 | 597,596 | 0 | 0 |
| Ventas Inc | COM | 92276F100 | 49,209,947 | 1,168,050 | SH | | DFND | 2 | 1,168,050 | 0 | 0 |
| VICI Properties Inc | COM | 925652109 | 41,845,509 | 1,437,990 | SH | | DFND | 2 | 1,437,990 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 | 68,063,232 | 830,850 | SH | | DFND | 2 | 830,850 | 0 | 0 |
| Xenia Hotels & Resorts Inc | COM | 984017103 | 11,010,047 | 934,639 | SH | | DFND | 2 | 934,639 | 0 | 0 |
| Agree Realty Corp | COM | 008492100 | 6,224,996 | 112,690 | SH | | DFND | 3 | 112,690 | 0 | 0 |
| Alexandria Real Estate Equitie | COM | 015271109 | 3,516,513 | 35,130 | SH | | DFND | 3 | 35,130 | 0 | 0 |
| American Homes 4 Rent | COM | 02665T306 | 3,184,143 | 94,513 | SH | | DFND | 3 | 94,513 | 0 | 0 |
| American Tower Corp | COM | 03027X100 | 5,810,019 | 35,330 | SH | | DFND | 3 | 35,330 | 0 | 0 |
| Americold Realty Trust Inc | COM | 03064D108 | 660,809 | 21,730 | SH | | DFND | 3 | 21,730 | 0 | 0 |
| Avalon Bay Communities | COM | 053484101 | 6,594,816 | 38,400 | SH | | DFND | 3 | 38,400 | 0 | 0 |
| Boston Properties | COM | 101121101 | 1,943,806 | 32,680 | SH | | DFND | 3 | 32,680 | 0 | 0 |
| Brixmor Property Group Inc | COM | 11120U105 | 3,579,563 | 172,260 | SH | | DFND | 3 | 172,260 | 0 | 0 |
| Broadstone Net Lease Inc | COM | 11135E203 | 2,428,998 | 169,860 | SH | | DFND | 3 | 169,860 | 0 | 0 |
| CareTrust REIT Inc | COM | 14174T107 | 1,891,740 | 92,280 | SH | | DFND | 3 | 92,280 | 0 | 0 |
| Corp Inmobiliaria Vesta SAB | COM | 92540K109 | 706,048 | 21,480 | SH | | DFND | 3 | 21,480 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 | 2,618,564 | 128,550 | SH | | DFND | 3 | 128,550 | 0 | 0 |
| DiamondRock Hospitality Co | COM | 252784301 | 216,168 | 26,920 | SH | | DFND | 3 | 26,920 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 | 8,863,505 | 73,240 | SH | | DFND | 3 | 73,240 | 0 | 0 |
| Douglas Emmett Inc | COM | 25960P109 | 2,010,402 | 157,555 | SH | | DFND | 3 | 157,555 | 0 | 0 |
| Elme Communities | COM | 939653101 | 153,627 | 11,263 | SH | | DFND | 3 | 11,263 | 0 | 0 |
| Equinix Inc | COM | 29444U700 | 13,799,666 | 19,001 | SH | | DFND | 3 | 19,001 | 0 | 0 |
| Equity Residential Properties | COM | 29476L107 | 7,358,946 | 125,344 | SH | | DFND | 3 | 125,344 | 0 | 0 |
| Extra Space Storage Inc | COM | 30225T102 | 9,286,037 | 76,378 | SH | | DFND | 3 | 76,378 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 | 4,211,715 | 88,500 | SH | | DFND | 3 | 88,500 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 | 4,164,048 | 226,800 | SH | | DFND | 3 | 226,800 | 0 | 0 |
| Host Hotels & Resorts Inc | COM | 44107P104 | 3,452,318 | 214,830 | SH | | DFND | 3 | 214,830 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 | 4,997,830 | 157,710 | SH | | DFND | 3 | 157,710 | 0 | 0 |
| Kilroy Realty Corporation | COM | 49427F108 | 1,609,581 | 50,920 | SH | | DFND | 3 | 50,920 | 0 | 0 |
| Kimco Realty Corp | COM | 49446R109 | 4,504,271 | 256,070 | SH | | DFND | 3 | 256,070 | 0 | 0 |
| Medical Properties Trust Inc | COM | 58463J304 | 1,765,304 | 323,909 | SH | | DFND | 3 | 323,909 | 0 | 0 |
| Omega Healthcare Investors Inc | COM | 681936100 | 2,158,384 | 65,090 | SH | | DFND | 3 | 65,090 | 0 | 0 |
| Prologis Trust | COM | 74340W103 | 16,055,007 | 143,080 | SH | | DFND | 3 | 143,080 | 0 | 0 |
| Public Storage Inc | COM | 74460D109 | 5,473,310 | 20,770 | SH | | DFND | 3 | 20,770 | 0 | 0 |
| Realty Income Corp | COM | 756109104 | 7,675,778 | 153,700 | SH | | DFND | 3 | 153,700 | 0 | 0 |
| Retail Opportunity Investments | COM | 76131N101 | 2,428,337 | 196,150 | SH | | DFND | 3 | 196,150 | 0 | 0 |
| Rexford Industrial Realty | COM | 76169C100 | 5,094,894 | 103,240 | SH | | DFND | 3 | 103,240 | 0 | 0 |
| RPT Realty | COM | 74971D101 | 1,746,254 | 165,365 | SH | | DFND | 3 | 165,365 | 0 | 0 |
| SBA Communications Corp | COM | 78410G104 | 2,099,783 | 10,490 | SH | | DFND | 3 | 10,490 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 | 4,603,158 | 42,610 | SH | | DFND | 3 | 42,610 | 0 | 0 |
| Sun Communities Inc | COM | 866674104 | 6,451,187 | 54,514 | SH | | DFND | 3 | 54,514 | 0 | 0 |
| Tricon Residential Inc | COM | 89612W102 | 442,742 | 59,830 | SH | | DFND | 3 | 59,830 | 0 | 0 |
| UDR Inc | COM | 902653104 | 4,934,588 | 138,340 | SH | | DFND | 3 | 138,340 | 0 | 0 |
| Urban Edge Properties | COM | 91704F104 | 311,335 | 20,402 | SH | | DFND | 3 | 20,402 | 0 | 0 |
| Ventas Inc | COM | 92276F100 | 7,272,059 | 172,610 | SH | | DFND | 3 | 172,610 | 0 | 0 |
| VICI Properties Inc | COM | 925652109 | 3,429,435 | 117,850 | SH | | DFND | 3 | 117,850 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 | 8,885,862 | 108,470 | SH | | DFND | 3 | 108,470 | 0 | 0 |
| Weyerhaeuser Co | COM | 962166104 | 812,797 | 26,510 | SH | | DFND | 3 | 26,510 | 0 | 0 |
| Xenia Hotels & Resorts Inc | COM | 984017103 | 1,989,135 | 168,857 | SH | | DFND | 3 | 168,857 | 0 | 0 |
| Agree Realty Corp | COM | 008492100 | 6,256,482 | 113,260 | SH | | DFND | 4 | 113,260 | 0 | 0 |
| Alexandria Real Estate Equitie | COM | 015271109 | 3,541,538 | 35,380 | SH | | DFND | 4 | 35,380 | 0 | 0 |
| American Homes 4 Rent | COM | 02665T306 | 3,112,821 | 92,396 | SH | | DFND | 4 | 92,396 | 0 | 0 |
| American Tower Corp | COM | 03027X100 | 2,397,681 | 14,580 | SH | | DFND | 4 | 14,580 | 0 | 0 |
| Avalon Bay Communities | COM | 053484101 | 6,536,424 | 38,060 | SH | | DFND | 4 | 38,060 | 0 | 0 |
| Boston Properties | COM | 101121101 | 1,909,903 | 32,110 | SH | | DFND | 4 | 32,110 | 0 | 0 |
| Brixmor Property Group Inc | COM | 11120U105 | 3,524,288 | 169,600 | SH | | DFND | 4 | 169,600 | 0 | 0 |
| Broadstone Net Lease Inc | COM | 11135E203 | 2,373,228 | 165,960 | SH | | DFND | 4 | 165,960 | 0 | 0 |
| CareTrust REIT Inc | COM | 14174T107 | 1,883,950 | 91,900 | SH | | DFND | 4 | 91,900 | 0 | 0 |
| Corp Inmobiliaria Vesta SAB | COM | 92540K109 | 866,782 | 26,370 | SH | | DFND | 4 | 26,370 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 | 2,706,766 | 132,880 | SH | | DFND | 4 | 132,880 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 | 8,825,989 | 72,930 | SH | | DFND | 4 | 72,930 | 0 | 0 |
| Douglas Emmett Inc | COM | 25960P109 | 1,993,367 | 156,220 | SH | | DFND | 4 | 156,220 | 0 | 0 |
| Equinix Inc | COM | 29444U700 | 13,477,207 | 18,557 | SH | | DFND | 4 | 18,557 | 0 | 0 |
| Equity Residential Properties | COM | 29476L107 | 7,388,947 | 125,855 | SH | | DFND | 4 | 125,855 | 0 | 0 |
| Extra Space Storage Inc | COM | 30225T102 | 9,216,980 | 75,810 | SH | | DFND | 4 | 75,810 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 | 4,210,763 | 88,480 | SH | | DFND | 4 | 88,480 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 | 3,878,366 | 211,240 | SH | | DFND | 4 | 211,240 | 0 | 0 |
| Host Hotels & Resorts Inc | COM | 44107P104 | 3,375,664 | 210,060 | SH | | DFND | 4 | 210,060 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 | 4,927,478 | 155,490 | SH | | DFND | 4 | 155,490 | 0 | 0 |
| Kilroy Realty Corporation | COM | 49427F108 | 1,580,500 | 50,000 | SH | | DFND | 4 | 50,000 | 0 | 0 |
| Kimco Realty Corp | COM | 49446R109 | 4,386,418 | 249,370 | SH | | DFND | 4 | 249,370 | 0 | 0 |
| Medical Properties Trust Inc | COM | 58463J304 | 1,814,959 | 333,020 | SH | | DFND | 4 | 333,020 | 0 | 0 |
| Omega Healthcare Investors Inc | COM | 681936100 | 2,099,691 | 63,320 | SH | | DFND | 4 | 63,320 | 0 | 0 |
| Prologis Trust | COM | 74340W103 | 15,435,608 | 137,560 | SH | | DFND | 4 | 137,560 | 0 | 0 |
| Public Storage Inc | COM | 74460D109 | 5,220,331 | 19,810 | SH | | DFND | 4 | 19,810 | 0 | 0 |
| Realty Income Corp | COM | 756109104 | 8,029,353 | 160,780 | SH | | DFND | 4 | 160,780 | 0 | 0 |
| Retail Opportunity Investments | COM | 76131N101 | 2,447,031 | 197,660 | SH | | DFND | 4 | 197,660 | 0 | 0 |
| Rexford Industrial Realty | COM | 76169C100 | 4,971,026 | 100,730 | SH | | DFND | 4 | 100,730 | 0 | 0 |
| RPT Realty | COM | 74971D101 | 1,836,152 | 173,878 | SH | | DFND | 4 | 173,878 | 0 | 0 |
| SBA Communications Corp | COM | 78410G104 | 572,486 | 2,860 | SH | | DFND | 4 | 2,860 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 | 4,438,953 | 41,090 | SH | | DFND | 4 | 41,090 | 0 | 0 |
| Sun Communities Inc | COM | 866674104 | 6,403,377 | 54,110 | SH | | DFND | 4 | 54,110 | 0 | 0 |
| UDR Inc | COM | 902653104 | 4,996,047 | 140,063 | SH | | DFND | 4 | 140,063 | 0 | 0 |
| Ventas Inc | COM | 92276F100 | 7,273,745 | 172,650 | SH | | DFND | 4 | 172,650 | 0 | 0 |
| VICI Properties Inc | COM | 925652109 | 2,982,750 | 102,500 | SH | | DFND | 4 | 102,500 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 | 8,754,790 | 106,870 | SH | | DFND | 4 | 106,870 | 0 | 0 |
| Xenia Hotels & Resorts Inc | COM | 984017103 | 2,087,663 | 177,221 | SH | | DFND | 4 | 177,221 | 0 | 0 |
