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 RLTY TR | COM SH BEN INT | 004239109 | 409 | 33,051 | SH | | SOLE | | 33,051 | 0 | 0 |
AGREE REALTY CORP | COM | 008492100 | 5,471 | 88,392 | SH | | SOLE | | 88,392 | 0 | 0 |
ALEXANDER & BALDWIN INC NEW | COM | 014491104 | 295 | 26,366 | SH | | SOLE | | 26,366 | 0 | 0 |
ALEXANDERS INC | COM | 014752109 | 253 | 919 | SH | | SOLE | | 919 | 0 | 0 |
ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 | 17,599 | 128,406 | SH | | SOLE | | 128,406 | 0 | 0 |
AMERICAN ASSETS TR INC | COM | 024013104 | 463 | 18,539 | SH | | SOLE | | 18,539 | 0 | 0 |
AMERICAN CAMPUS CMNTYS INC | COM | 024835100 | 1,491 | 53,740 | SH | | SOLE | | 53,740 | 0 | 0 |
AMERICAN FIN TR INC | COM CLASS A | 02607T109 | 257 | 41,166 | SH | | SOLE | | 41,166 | 0 | 0 |
AMERICAN HOMES 4 RENT | CL A | 02665T306 | 6,152 | 265,201 | SH | | SOLE | | 265,201 | 0 | 0 |
AMERICAN TOWER CORP NEW | COM | 03027X100 | 73,832 | 339,068 | SH | | SOLE | | 339,068 | 0 | 0 |
AMERICOLD RLTY TR | COM | 03064D108 | 9,016 | 264,879 | SH | | SOLE | | 264,879 | 0 | 0 |
APARTMENT INVT & MGMT CO | CL A | 03748R754 | 2,023 | 57,574 | SH | | SOLE | | 57,574 | 0 | 0 |
APPLE HOSPITALITY REIT INC | COM NEW | 03784Y200 | 743 | 81,095 | SH | | SOLE | | 81,095 | 0 | 0 |
ARMADA HOFFLER PPTYS INC | COM | 04208T108 | 235 | 22,044 | SH | | SOLE | | 22,044 | 0 | 0 |
ASHFORD HOSPITALITY TR INC | COM SHS | 044103109 | 27 | 36,916 | SH | | SOLE | | 36,916 | 0 | 0 |
AVALONBAY CMNTYS INC | COM | 053484101 | 17,584 | 119,484 | SH | | SOLE | | 119,484 | 0 | 0 |
BLUEROCK RESIDENTIAL GRW REI | COM CL A | 09627J102 | 80 | 14,403 | SH | | SOLE | | 14,403 | 0 | 0 |
BOSTON PROPERTIES INC | COM | 101121101 | 11,094 | 120,292 | SH | | SOLE | | 120,292 | 0 | 0 |
BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 | 702 | 66,738 | SH | | SOLE | | 66,738 | 0 | 0 |
BRIXMOR PPTY GROUP INC | COM | 11120U105 | 1,085 | 114,234 | SH | | SOLE | | 114,234 | 0 | 0 |
BROOKFIELD PPTY REIT INC | CL A | 11282X103 | 216 | 25,497 | SH | | SOLE | | 25,497 | 0 | 0 |
CAMDEN PPTY TR | SH BEN INT | 133131102 | 2,882 | 36,377 | SH | | SOLE | | 36,377 | 0 | 0 |
CARETRUST REIT INC | COM | 14174T107 | 543 | 36,764 | SH | | SOLE | | 36,764 | 0 | 0 |
CATCHMARK TIMBER TR INC | CL A | 14912Y202 | 137 | 19,068 | SH | | SOLE | | 19,068 | 0 | 0 |
CEDAR REALTY TRUST INC | COM NEW | 150602209 | 50 | 54,621 | SH | | SOLE | | 54,621 | 0 | 0 |
CHATHAM LODGING TR | COM | 16208T102 | 140 | 23,661 | SH | | SOLE | | 23,661 | 0 | 0 |
CITY OFFICE REIT INC | COM | 178587101 | 145 | 20,171 | SH | | SOLE | | 20,171 | 0 | 0 |
COLONY CAP INC NEW | CL A COM | 19626G108 | 516 | 295,388 | SH | | SOLE | | 295,388 | 0 | 0 |
COLUMBIA PPTY TR INC | COM NEW | 198287203 | 540 | 43,247 | SH | | SOLE | | 43,247 | 0 | 0 |
COMMUNITY HEALTHCARE TR INC | COM | 20369C106 | 282 | 7,392 | SH | | SOLE | | 7,392 | 0 | 0 |
CORECIVIC INC | COM | 21871N101 | 536 | 48,055 | SH | | SOLE | | 48,055 | 0 | 0 |
COREPOINT LODGING INC | COM | 21872L104 | 64 | 16,534 | SH | | SOLE | | 16,534 | 0 | 0 |
CORESITE RLTY CORP | COM | 21870Q105 | 1,696 | 14,635 | SH | | SOLE | | 14,635 | 0 | 0 |
CORPORATE OFFICE PPTYS TR | SH BEN INT | 22002T108 | 986 | 44,555 | SH | | SOLE | | 44,555 | 0 | 0 |
COUSINS PPTYS INC | COM NEW | 222795502 | 1,672 | 57,140 | SH | | SOLE | | 57,140 | 0 | 0 |
CROWN CASTLE INTL CORP NEW | COM | 22822V101 | 41,497 | 287,381 | SH | | SOLE | | 287,381 | 0 | 0 |
CUBESMART | COM | 229663109 | 2,010 | 75,054 | SH | | SOLE | | 75,054 | 0 | 0 |
CYRUSONE INC | COM | 23283R100 | 5,294 | 85,743 | SH | | SOLE | | 85,743 | 0 | 0 |
DIAMONDROCK HOSPITALITY CO | COM | 252784301 | 397 | 78,263 | SH | | SOLE | | 78,263 | 0 | 0 |
DIGITAL RLTY TR INC | COM | 253868103 | 20,437 | 147,130 | SH | | SOLE | | 147,130 | 0 | 0 |
DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 | 367 | 101,339 | SH | | SOLE | | 101,339 | 0 | 0 |
DOUGLAS EMMETT INC | COM | 25960P109 | 1,972 | 64,649 | SH | | SOLE | | 64,649 | 0 | 0 |
DUKE REALTY CORP | COM NEW | 264411505 | 9,010 | 278,259 | SH | | SOLE | | 278,259 | 0 | 0 |
EASTERLY GOVT PPTYS INC | COM | 27616P103 | 731 | 29,684 | SH | | SOLE | | 29,684 | 0 | 0 |
EASTGROUP PPTY INC | COM | 277276101 | 4,703 | 45,015 | SH | | SOLE | | 45,015 | 0 | 0 |
EMPIRE ST RLTY TR INC | CL A | 292104106 | 518 | 57,899 | SH | | SOLE | | 57,899 | 0 | 0 |
EPR PPTYS | COM SH BEN INT | 26884U109 | 730 | 30,148 | SH | | SOLE | | 30,148 | 0 | 0 |
EQUINIX INC | COM | 29444U700 | 44,837 | 71,789 | SH | | SOLE | | 71,789 | 0 | 0 |
EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | 18,255 | 317,599 | SH | | SOLE | | 317,599 | 0 | 0 |
EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | 19,941 | 323,143 | SH | | SOLE | | 323,143 | 0 | 0 |
ESSENTIAL PPTYS RLTY TR INC | COM | 29670E107 | 3,080 | 235,836 | SH | | SOLE | | 235,836 | 0 | 0 |
ESSEX PPTY TR INC | COM | 297178105 | 11,789 | 53,531 | SH | | SOLE | | 53,531 | 0 | 0 |
EXTRA SPACE STORAGE INC | COM | 30225T102 | 10,917 | 114,007 | SH | | SOLE | | 114,007 | 0 | 0 |
FARMLAND PARTNERS INC | COM | 31154R109 | 104 | 17,184 | SH | | SOLE | | 17,184 | 0 | 0 |
FEDERAL REALTY INVT TR | SH BEN INT NEW | 313747206 | 2,172 | 29,121 | SH | | SOLE | | 29,121 | 0 | 0 |
FIRST INDL RLTY TR INC | COM | 32054K103 | 1,630 | 49,077 | SH | | SOLE | | 49,077 | 0 | 0 |
FOUR CORNERS PPTY TR INC | COM | 35086T109 | 520 | 27,799 | SH | | SOLE | | 27,799 | 0 | 0 |
FRANKLIN STR PPTYS CORP | COM | 35471R106 | 225 | 39,353 | SH | | SOLE | | 39,353 | 0 | 0 |
FRONT YD RESIDENTIAL CORP | COM | 35904G107 | 227 | 19,073 | SH | | SOLE | | 19,073 | 0 | 0 |
GAMING & LEISURE PPTYS INC | COM | 36467J108 | 6,081 | 219,462 | SH | | SOLE | | 219,462 | 0 | 0 |
GDS HLDGS LTD | SPONSORED ADS | 36165L108 | 8,695 | 150,000 | SH | | SOLE | | 150,000 | 0 | 0 |
GEO GROUP INC NEW | COM | 36162J106 | 579 | 47,655 | SH | | SOLE | | 47,655 | 0 | 0 |
GETTY RLTY CORP NEW | COM | 374297109 | 300 | 12,666 | SH | | SOLE | | 12,666 | 0 | 0 |
GLADSTONE COMMERCIAL CORP | COM | 376536108 | 202 | 14,133 | SH | | SOLE | | 14,133 | 0 | 0 |
GLADSTONE LD CORP | COM | 376549101 | 140 | 11,856 | SH | | SOLE | | 11,856 | 0 | 0 |
GLOBAL MED REIT INC | COM NEW | 37954A204 | 151 | 14,936 | SH | | SOLE | | 14,936 | 0 | 0 |
GLOBAL NET LEASE INC | COM NEW | 379378201 | 462 | 34,574 | SH | | SOLE | | 34,574 | 0 | 0 |
HEALTHCARE RLTY TR | COM | 421946104 | 1,437 | 51,455 | SH | | SOLE | | 51,455 | 0 | 0 |
HEALTHCARE TR AMER INC | CL A NEW | 42225P501 | 2,038 | 83,942 | SH | | SOLE | | 83,942 | 0 | 0 |
HEALTHPEAK PROPERTIES INC | COM | 42250P103 | 11,876 | 497,952 | SH | | SOLE | | 497,952 | 0 | 0 |
HERSHA HOSPITALITY TR | PR SHS BEN INT | 427825500 | 77 | 21,711 | SH | | SOLE | | 21,711 | 0 | 0 |
HIGHWOODS PPTYS INC | COM | 431284108 | 1,422 | 40,166 | SH | | SOLE | | 40,166 | 0 | 0 |
HOST HOTELS & RESORTS INC | COM | 44107P104 | 3,062 | 277,410 | SH | | SOLE | | 277,410 | 0 | 0 |
HUDSON PAC PPTYS INC | COM | 444097109 | 6,459 | 254,709 | SH | | SOLE | | 254,709 | 0 | 0 |
INDEPENDENCE RLTY TR INC | COM | 45378A106 | 310 | 34,733 | SH | | SOLE | | 34,733 | 0 | 0 |
INDUSTRIAL LOGISTICS PPTYS T | COM SHS BEN INT | 456237106 | 463 | 26,421 | SH | | SOLE | | 26,421 | 0 | 0 |
INVESTORS REAL ESTATE TR | SH BEN INT | 461730509 | 266 | 4,837 | SH | | SOLE | | 4,837 | 0 | 0 |
INVITATION HOMES INC | COM | 46187W107 | 13,857 | 648,451 | SH | | SOLE | | 648,451 | 0 | 0 |
IRON MTN INC NEW | COM | 46284V101 | 2,642 | 111,023 | SH | | SOLE | | 111,023 | 0 | 0 |
ISHARES TR | U.S. REAL ES ETF | 464287739 | 1,043 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
JBG SMITH PPTYS | COM | 46590V100 | 1,521 | 47,791 | SH | | SOLE | | 47,791 | 0 | 0 |
KILROY RLTY CORP | COM | 49427F108 | 6,717 | 105,462 | SH | | SOLE | | 105,462 | 0 | 0 |
KIMCO RLTY CORP | COM | 49446R109 | 1,560 | 161,366 | SH | | SOLE | | 161,366 | 0 | 0 |
KITE RLTY GROUP TR | COM NEW | 49803T300 | 299 | 31,614 | SH | | SOLE | | 31,614 | 0 | 0 |
LAMAR ADVERTISING CO NEW | CL A | 512816109 | 1,703 | 33,218 | SH | | SOLE | | 33,218 | 0 | 0 |
LEXINGTON REALTY TRUST | COM | 529043101 | 943 | 95,047 | SH | | SOLE | | 95,047 | 0 | 0 |
LIFE STORAGE INC | COM | 53223X107 | 1,717 | 18,167 | SH | | SOLE | | 18,167 | 0 | 0 |
LTC PPTYS INC | COM | 502175102 | 465 | 15,071 | SH | | SOLE | | 15,071 | 0 | 0 |
MACERICH CO | COM | 554382101 | 308 | 54,805 | SH | | SOLE | | 54,805 | 0 | 0 |
MACK CALI RLTY CORP | COM | 554489104 | 504 | 33,124 | SH | | SOLE | | 33,124 | 0 | 0 |
MEDICAL PPTYS TRUST INC | COM | 58463J304 | 3,453 | 199,747 | SH | | SOLE | | 199,747 | 0 | 0 |
MGM GROWTH PPTYS LLC | CL A COM | 55303A105 | 2,011 | 85,000 | SH | | SOLE | | 85,000 | 0 | 0 |
MID AMER APT CMNTYS INC | COM | 59522J103 | 12,390 | 120,258 | SH | | SOLE | | 120,258 | 0 | 0 |
MONMOUTH REAL ESTATE INVT CO | CL A | 609720107 | 451 | 37,474 | SH | | SOLE | | 37,474 | 0 | 0 |
NATIONAL HEALTH INVS INC | COM | 63633D104 | 808 | 16,334 | SH | | SOLE | | 16,334 | 0 | 0 |
NATIONAL RETAIL PROPERTIES I | COM | 637417106 | 2,150 | 66,810 | SH | | SOLE | | 66,810 | 0 | 0 |
NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 | 702 | 23,725 | SH | | SOLE | | 23,725 | 0 | 0 |
NEW SR INVT GROUP INC | COM | 648691103 | 134 | 52,386 | SH | | SOLE | | 52,386 | 0 | 0 |
NEXPOINT RESIDENTIAL TR INC | COM | 65341D102 | 208 | 8,263 | SH | | SOLE | | 8,263 | 0 | 0 |
OFFICE PPTYS INCOME TR | COM SHS BEN INT | 67623C109 | 497 | 18,251 | SH | | SOLE | | 18,251 | 0 | 0 |
OMEGA HEALTHCARE INVS INC | COM | 681936100 | 2,343 | 88,291 | SH | | SOLE | | 88,291 | 0 | 0 |
OUTFRONT MEDIA INC | COM | 69007J106 | 741 | 54,973 | SH | | SOLE | | 54,973 | 0 | 0 |
PARAMOUNT GROUP INC | COM | 69924R108 | 655 | 74,454 | SH | | SOLE | | 74,454 | 0 | 0 |
PARK HOTELS RESORTS INC | COM | 700517105 | 760 | 96,202 | SH | | SOLE | | 96,202 | 0 | 0 |
PEBBLEBROOK HOTEL TR | COM | 70509V100 | 546 | 50,172 | SH | | SOLE | | 50,172 | 0 | 0 |
PENNSYLVANIA RL ESTATE INVT | SH BEN INT | 709102107 | 19 | 20,989 | SH | | SOLE | | 20,989 | 0 | 0 |
PHYSICIANS RLTY TR | COM | 71943U104 | 1,036 | 74,369 | SH | | SOLE | | 74,369 | 0 | 0 |
PIEDMONT OFFICE REALTY TR IN | COM CL A | 720190206 | 868 | 49,178 | SH | | SOLE | | 49,178 | 0 | 0 |
POTLATCHDELTIC CORPORATION | COM | 737630103 | 797 | 25,420 | SH | | SOLE | | 25,420 | 0 | 0 |
PREFERRED APT CMNTYS INC | COM | 74039L103 | 127 | 17,820 | SH | | SOLE | | 17,820 | 0 | 0 |
PROLOGIS INC. | COM | 74340W103 | 49,982 | 621,905 | SH | | SOLE | | 621,905 | 0 | 0 |
PS BUSINESS PKS INC CALIF | COM | 69360J107 | 1,073 | 7,921 | SH | | SOLE | | 7,921 | 0 | 0 |
PUBLIC STORAGE | COM | 74460D109 | 19,057 | 95,952 | SH | | SOLE | | 95,952 | 0 | 0 |
QTS RLTY TR INC | COM CL A | 74736A103 | 6,414 | 110,580 | SH | | SOLE | | 110,580 | 0 | 0 |
RAYONIER INC | COM | 754907103 | 1,202 | 51,072 | SH | | SOLE | | 51,072 | 0 | 0 |
REALTY INCOME CORP | COM | 756109104 | 12,078 | 242,246 | SH | | SOLE | | 242,246 | 0 | 0 |
REGENCY CTRS CORP | COM | 758849103 | 6,720 | 174,883 | SH | | SOLE | | 174,883 | 0 | 0 |
RETAIL OPPORTUNITY INVTS COR | COM | 76131N101 | 367 | 44,354 | SH | | SOLE | | 44,354 | 0 | 0 |
RETAIL PPTYS AMER INC | CL A | 76131V202 | 434 | 83,972 | SH | | SOLE | | 83,972 | 0 | 0 |
REXFORD INDL RLTY INC | COM | 76169C100 | 15,546 | 379,102 | SH | | SOLE | | 379,102 | 0 | 0 |
RLJ LODGING TR | COM | 74965L101 | 501 | 64,936 | SH | | SOLE | | 64,936 | 0 | 0 |
RPT REALTY | SH BEN INT | 74971D101 | 181 | 30,156 | SH | | SOLE | | 30,156 | 0 | 0 |
RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 | 684 | 19,088 | SH | | SOLE | | 19,088 | 0 | 0 |
SABRA HEALTH CARE REIT INC | COM | 78573L106 | 2,059 | 188,570 | SH | | SOLE | | 188,570 | 0 | 0 |
SAFEHOLD INC | COM | 78645L100 | 312 | 4,938 | SH | | SOLE | | 4,938 | 0 | 0 |
SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 | 24,398 | 90,374 | SH | | SOLE | | 90,374 | 0 | 0 |
SERVICE PPTYS TR | COM SH BEN INT | 81761L102 | 342 | 63,399 | SH | | SOLE | | 63,399 | 0 | 0 |
SIMON PPTY GROUP INC NEW | COM | 828806109 | 9,329 | 170,053 | SH | | SOLE | | 170,053 | 0 | 0 |
SITE CENTERS CORP | COM | 82981J109 | 2,653 | 509,244 | SH | | SOLE | | 509,244 | 0 | 0 |
SL GREEN RLTY CORP | COM | 78440X101 | 3,237 | 75,126 | SH | | SOLE | | 75,126 | 0 | 0 |
SPIRIT RLTY CAP INC NEW | COM NEW | 84860W300 | 1,001 | 38,285 | SH | | SOLE | | 38,285 | 0 | 0 |
STAG INDL INC | COM | 85254J102 | 1,309 | 58,138 | SH | | SOLE | | 58,138 | 0 | 0 |
STARWOOD PPTY TR INC | COM | 85571B105 | 1,178 | 115,000 | SH | | SOLE | | 115,000 | 0 | 0 |
STORE CAP CORP | COM | 862121100 | 3,518 | 194,193 | SH | | SOLE | | 194,193 | 0 | 0 |
SUMMIT HOTEL PPTYS INC | COM | 866082100 | 172 | 40,889 | SH | | SOLE | | 40,889 | 0 | 0 |
SUN CMNTYS INC | COM | 866674104 | 19,762 | 158,289 | SH | | SOLE | | 158,289 | 0 | 0 |
SUNSTONE HOTEL INVS INC NEW | COM | 867892101 | 751 | 86,249 | SH | | SOLE | | 86,249 | 0 | 0 |
TANGER FACTORY OUTLET CTRS I | COM | 875465106 | 190 | 38,131 | SH | | SOLE | | 38,131 | 0 | 0 |
TAUBMAN CTRS INC | COM | 876664103 | 967 | 23,104 | SH | | SOLE | | 23,104 | 0 | 0 |
TERRENO RLTY CORP | COM | 88146M101 | 7,544 | 145,788 | SH | | SOLE | | 145,788 | 0 | 0 |
UDR INC | COM | 902653104 | 4,133 | 113,119 | SH | | SOLE | | 113,119 | 0 | 0 |
UMH PPTYS INC | COM | 903002103 | 150 | 13,835 | SH | | SOLE | | 13,835 | 0 | 0 |
UNITI GROUP INC | COM | 91325V108 | 1,356 | 224,924 | SH | | SOLE | | 224,924 | 0 | 0 |
UNIVERSAL HEALTH RLTY INCM T | SH BEN INT | 91359E105 | 496 | 4,923 | SH | | SOLE | | 4,923 | 0 | 0 |
URBAN EDGE PPTYS | COM | 91704F104 | 390 | 44,280 | SH | | SOLE | | 44,280 | 0 | 0 |
URSTADT BIDDLE PPTYS INC | CL A | 917286205 | 157 | 11,141 | SH | | SOLE | | 11,141 | 0 | 0 |
VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | 5,937 | 85,000 | SH | | SOLE | | 85,000 | 0 | 0 |
VENTAS INC | COM | 92276F100 | 6,442 | 240,398 | SH | | SOLE | | 240,398 | 0 | 0 |
VEREIT INC | COM | 92339V100 | 2,036 | 416,400 | SH | | SOLE | | 416,400 | 0 | 0 |
VICI PPTYS INC | COM | 925652109 | 7,654 | 460,023 | SH | | SOLE | | 460,023 | 0 | 0 |
VORNADO RLTY TR | SH BEN INT | 929042109 | 2,439 | 67,374 | SH | | SOLE | | 67,374 | 0 | 0 |
WASHINGTON PRIME GROUP NEW | COM | 93964W108 | 79 | 99,275 | SH | | SOLE | | 99,275 | 0 | 0 |
WASHINGTON REAL ESTATE INVT | SH BEN INT | 939653101 | 782 | 32,774 | SH | | SOLE | | 32,774 | 0 | 0 |
WEINGARTEN RLTY INVS | SH BEN INT | 948741103 | 672 | 46,617 | SH | | SOLE | | 46,617 | 0 | 0 |
WELLTOWER INC | COM | 95040Q104 | 15,599 | 340,746 | SH | | SOLE | | 340,746 | 0 | 0 |
WEYERHAEUSER CO | COM | 962166104 | 7,720 | 455,479 | SH | | SOLE | | 455,479 | 0 | 0 |
WHITESTONE REIT | COM | 966084204 | 149 | 24,163 | SH | | SOLE | | 24,163 | 0 | 0 |
WP CAREY INC | COM | 92936U109 | 3,873 | 66,696 | SH | | SOLE | | 66,696 | 0 | 0 |
XENIA HOTELS & RESORTS INC | COM | 984017103 | 449 | 43,615 | SH | | SOLE | | 43,615 | 0 | 0 |