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 |
AbbVie Inc | Common Equities | 00287Y109 | 8,904 | 55,100 | SH | | SOLE | | 55,100 | 0 | 0 |
Adobe Systems Inc | Common Equities | 00724F101 | 7,114 | 21,140 | SH | | SOLE | | 21,140 | 0 | 0 |
AGNC Investment Corp | Common Equities | 00123Q104 | 0 | 19,184 | SH | | SOLE | | 19,184 | 0 | 0 |
Air Products & Chemicals Inc | Common Equities | 009158106 | 7,805 | 25,320 | SH | | SOLE | | 25,320 | 0 | 0 |
Alexandria Real Estate Equities Inc | Common Equities | 015271109 | 1,497 | 10,279 | SH | | SOLE | | 10,279 | 0 | 0 |
Alphabet Inc | Common Equities | 02079K305 | 17,635 | 199,882 | SH | | SOLE | | 199,882 | 0 | 0 |
Amazon.com Inc | Common Equities | 023135106 | 31,728 | 377,720 | SH | | SOLE | | 377,720 | 0 | 0 |
Ameren Corp | Common Equities | 023608102 | 1,351 | 15,200 | SH | | SOLE | | 15,200 | 0 | 0 |
American Electric Power Co Inc | Common Equities | 025537101 | 2,895 | 30,500 | SH | | SOLE | | 30,500 | 0 | 0 |
American Homes 4 Rent | Common Equities | 02665T306 | 652 | 21,635 | SH | | SOLE | | 21,635 | 0 | 0 |
American Tower Corp | Common Equities | 03027X100 | 11,846 | 55,915 | SH | | SOLE | | 55,915 | 0 | 0 |
American Water Works Co Inc | Common Equities | 030420103 | 1,615 | 10,600 | SH | | SOLE | | 10,600 | 0 | 0 |
Americold Realty Trust | Common Equities | 03064D108 | 514 | 18,165 | SH | | SOLE | | 18,165 | 0 | 0 |
Annaly Capital Management Inc | Common Equities | 035710839 | 277 | 13,164 | SH | | SOLE | | 13,164 | 0 | 0 |
Apartment Income REIT Corp | Common Equities | 03750L109 | 410 | 11,963 | SH | | SOLE | | 11,963 | 0 | 0 |
Apple Inc | Common Equities | 037833100 | 113,224 | 871,430 | SH | | SOLE | | 871,430 | 0 | 0 |
AT&T Inc | Common Equities | 00206R102 | 3,777 | 205,200 | SH | | SOLE | | 205,200 | 0 | 0 |
AvalonBay Communities Inc | Common Equities | 053484101 | 1,697 | 10,510 | SH | | SOLE | | 10,510 | 0 | 0 |
Boston Properties Inc | Common Equities | 101121101 | 790 | 11,702 | SH | | SOLE | | 11,702 | 0 | 0 |
Boston Scientific Corp | Common Equities | 101137107 | 12,204 | 263,772 | SH | | SOLE | | 263,772 | 0 | 0 |
Brixmor Property Group Inc | Common Equities | 11120U105 | 548 | 24,173 | SH | | SOLE | | 24,173 | 0 | 0 |
Broadcom Inc | Common Equities | 11135F101 | 7,084 | 12,670 | SH | | SOLE | | 12,670 | 0 | 0 |
Camden Property Trust | Common Equities | 133131102 | 788 | 7,049 | SH | | SOLE | | 7,049 | 0 | 0 |
Chevron Corp | Common Equities | 166764100 | 13,670 | 76,165 | SH | | SOLE | | 76,165 | 0 | 0 |
Chubb Ltd | Common Equities | H1467J104 | 20,773 | 94,170 | SH | | SOLE | | 94,170 | 0 | 0 |
Cisco Systems Inc | Common Equities | 17275R102 | 13,931 | 292,440 | SH | | SOLE | | 292,440 | 0 | 0 |
Comcast Corp | Common Equities | 20030N101 | 4,846 | 138,577 | SH | | SOLE | | 138,577 | 0 | 0 |
Consolidated Edison Inc | Common Equities | 209115104 | 1,877 | 19,700 | SH | | SOLE | | 19,700 | 0 | 0 |
Consumer Staples Select Sector SPDR Fund | Exchange Traded Fund | 81369Y308 | 10,787 | 144,700 | SH | | SOLE | | 144,700 | 0 | 0 |
CoStar Group Inc | Common Equities | 22160N109 | 0 | 14,371 | SH | | SOLE | | 14,371 | 0 | 0 |
Crown Castle International Corp | Common Equities | 22822V101 | 9,034 | 66,605 | SH | | SOLE | | 66,605 | 0 | 0 |
CSX Corp | Common Equities | 126408103 | 2,176 | 70,250 | SH | | SOLE | | 70,250 | 0 | 0 |
CubeSmart | Common Equities | 229663109 | 616 | 15,319 | SH | | SOLE | | 15,319 | 0 | 0 |
Digital Realty Trust Inc | Common Equities | 253868103 | 10,179 | 101,522 | SH | | SOLE | | 101,522 | 0 | 0 |
Dominion Energy Inc | Common Equities | 25746U109 | 8,896 | 145,085 | SH | | SOLE | | 145,085 | 0 | 0 |
Douglas Emmett Inc | Common Equities | 25960P109 | 254 | 16,218 | SH | | SOLE | | 16,218 | 0 | 0 |
DTE Energy Co | Common Equities | 233331107 | 1,351 | 11,500 | SH | | SOLE | | 11,500 | 0 | 0 |
Duke Energy Corp | Common Equities | 26441C204 | 13,832 | 134,310 | SH | | SOLE | | 134,310 | 0 | 0 |
EastGroup Properties Inc | Common Equities | 277276101 | 408 | 2,762 | SH | | SOLE | | 2,762 | 0 | 0 |
Edison International | Common Equities | 281020107 | 1,469 | 23,100 | SH | | SOLE | | 23,100 | 0 | 0 |
Edwards Lifesciences Corp | Common Equities | 28176E108 | 2,028 | 27,190 | SH | | SOLE | | 27,190 | 0 | 0 |
Entergy Corp | Common Equities | 29364G103 | 1,327 | 11,800 | SH | | SOLE | | 11,800 | 0 | 0 |
Equinix Inc | Common Equities | 29444U700 | 3,041 | 6,580 | SH | | SOLE | | 6,580 | 0 | 0 |
Equity LifeStyle Properties Inc | Common Equities | 29472R108 | 881 | 13,645 | SH | | SOLE | | 13,645 | 0 | 0 |
Equity Residential | Common Equities | 29476L107 | 1,569 | 26,598 | SH | | SOLE | | 26,598 | 0 | 0 |
Essex Property Trust Inc | Common Equities | 297178105 | 1,019 | 4,811 | SH | | SOLE | | 4,811 | 0 | 0 |
Eversource Energy | Common Equities | 30040W108 | 1,668 | 19,900 | SH | | SOLE | | 19,900 | 0 | 0 |
Exelon Corp | Common Equities | 30161N101 | 3,265 | 61,100 | SH | | SOLE | | 61,100 | 0 | 0 |
Extra Space Storage Inc | Common Equities | 30225T102 | 1,396 | 9,485 | SH | | SOLE | | 9,485 | 0 | 0 |
Exxon Mobil Corp | Common Equities | 30231G102 | 20,730 | 187,943 | SH | | SOLE | | 187,943 | 0 | 0 |
Federal Realty Investment Trust | Common Equities | 313745101 | 552 | 5,465 | SH | | SOLE | | 5,465 | 0 | 0 |
Fifth Third Bancorp | Common Equities | 316773100 | 12,851 | 391,700 | SH | | SOLE | | 391,700 | 0 | 0 |
First Industrial Realty Trust Inc | Common Equities | 32054K103 | 459 | 9,511 | SH | | SOLE | | 9,511 | 0 | 0 |
FirstEnergy Corp | Common Equities | 337932107 | 1,384 | 33,000 | SH | | SOLE | | 33,000 | 0 | 0 |
Fortis Inc/Canada | Common Equities | 349553107 | 1,256 | 28,500 | SH | | SOLE | | 28,500 | 0 | 0 |
Gaming and Leisure Properties Inc | Common Equities | 36467J108 | 498 | 18,155 | SH | | SOLE | | 18,155 | 0 | 0 |
Hartford Financial Services Group Inc/The | Common Equities | 416515104 | 12,703 | 167,520 | SH | | SOLE | | 167,520 | 0 | 0 |
Health Care Select Sector SPDR Fund | Exchange Traded Fund | 81369Y209 | 14,223 | 104,700 | SH | | SOLE | | 104,700 | 0 | 0 |
Healthcare Realty Trust | Common Equities | 42226K105 | 327 | 16,982 | SH | | SOLE | | 16,982 | 0 | 0 |
Healthpeak Properties Inc | Common Equities | 42250P103 | 1,025 | 40,924 | SH | | SOLE | | 40,924 | 0 | 0 |
Honeywell International Inc | Common Equities | 438516106 | 17,364 | 81,030 | SH | | SOLE | | 81,030 | 0 | 0 |
Host Hotels & Resorts Inc | Common Equities | 44107P104 | 604 | 62,821 | SH | | SOLE | | 62,821 | 0 | 0 |
Invesco DB Commodity Index Tracking Fund | Exchange Traded Fund | 46138B103 | 36,814 | 1,493,500 | SH | | SOLE | | 1,493,500 | 0 | 0 |
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | Exchange Traded Fund | 46090F100 | 41,355 | 2,481,900 | SH | | SOLE | | 2,481,900 | 0 | 0 |
Invesco S&P 500 Low Volatility ETF | Exchange Traded Fund | 46138E354 | 12,926 | 202,300 | SH | | SOLE | | 202,300 | 0 | 0 |
Invesco S&P 500 Pure Growth ETF | Exchange Traded Fund | 46137V266 | 12,720 | 83,900 | SH | | SOLE | | 83,900 | 0 | 0 |
Invesco S&P 500 Pure Value ETF | Exchange Traded Fund | 46137V258 | 16,134 | 206,900 | SH | | SOLE | | 206,900 | 0 | 0 |
Invitation Homes Inc | Common Equities | 46187W107 | 1,242 | 41,924 | SH | | SOLE | | 41,924 | 0 | 0 |
Iron Mountain Inc | Common Equities | 46284V101 | 1,090 | 21,878 | SH | | SOLE | | 21,878 | 0 | 0 |
iShares Core MSCI EAFE ETF | Exchange Traded Fund | 46432F842 | 71,194 | 1,000,400 | SH | | SOLE | | 1,000,400 | 0 | 0 |
iShares Core MSCI Emerging Markets ETF | Exchange Traded Fund | 46434G103 | 84,242 | 1,803,900 | SH | | SOLE | | 1,803,900 | 0 | 0 |
iShares Core S&P Mid-Cap ETF | Exchange Traded Fund | 464287507 | 5,019 | 20,750 | SH | | SOLE | | 20,750 | 0 | 0 |
iShares Core S&P Small-Cap ETF | Exchange Traded Fund | 464287804 | 4,069 | 43,000 | SH | | SOLE | | 43,000 | 0 | 0 |
iShares MSCI Canada ETF | Exchange Traded Fund | 464286509 | 12,522 | 382,600 | SH | | SOLE | | 382,600 | 0 | 0 |
iShares MSCI USA Min Vol Factor ETF | Exchange Traded Fund | 46429B697 | 13,315 | 172,400 | SH | | SOLE | | 172,400 | 0 | 0 |
Johnson & Johnson | Common Equities | 478160104 | 18,334 | 103,790 | SH | | SOLE | | 103,790 | 0 | 0 |
JPMorgan Chase & Co | Common Equities | 46625H100 | 32,802 | 244,610 | SH | | SOLE | | 244,610 | 0 | 0 |
Kilroy Realty Corp | Common Equities | 49427F108 | 329 | 8,532 | SH | | SOLE | | 8,532 | 0 | 0 |
Kimco Realty Corp | Common Equities | 49446R109 | 998 | 47,143 | SH | | SOLE | | 47,143 | 0 | 0 |
L3Harris Technologies Inc | Common Equities | 502431109 | 5,453 | 26,190 | SH | | SOLE | | 26,190 | 0 | 0 |
Lamar Advertising Co | Common Equities | 512816109 | 445 | 6,898 | SH | | SOLE | | 6,898 | 0 | 0 |
Life Storage Inc | Common Equities | 53223X107 | 539 | 5,482 | SH | | SOLE | | 5,482 | 0 | 0 |
Linde PLC | Common Equities | G5494J103 | 7,135 | 21,875 | SH | | SOLE | | 21,875 | 0 | 0 |
Lululemon Athletica Inc | Common Equities | 550021109 | 1,754 | 5,860 | SH | | SOLE | | 5,860 | 0 | 0 |
Marriott International Inc/MD | Common Equities | 571903202 | 4,992 | 33,530 | SH | | SOLE | | 33,530 | 0 | 0 |
Martin Marietta Materials Inc | Common Equities | 573284106 | 1,835 | 5,430 | SH | | SOLE | | 5,430 | 0 | 0 |
Mastercard Inc | Common Equities | 57636Q104 | 12,770 | 36,725 | SH | | SOLE | | 36,725 | 0 | 0 |
Medical Properties Trust Inc | Common Equities | 58463J304 | 489 | 43,938 | SH | | SOLE | | 43,938 | 0 | 0 |
META Platforms Inc | Common Equities | 30303M102 | 4,906 | 40,774 | SH | | SOLE | | 40,774 | 0 | 0 |
Microsoft Corp | Common Equities | 594918104 | 54,935 | 229,070 | SH | | SOLE | | 229,070 | 0 | 0 |
Mid-America Apartment Communities Inc | Common Equities | 59522J103 | 1,254 | 7,991 | SH | | SOLE | | 7,991 | 0 | 0 |
National Retail Properties Inc | Common Equities | 637417106 | 639 | 13,978 | SH | | SOLE | | 13,978 | 0 | 0 |
NextEra Energy Inc | Common Equities | 65339F101 | 9,505 | 113,700 | SH | | SOLE | | 113,700 | 0 | 0 |
NVIDIA Corp | Common Equities | 67066G104 | 5,866 | 40,140 | SH | | SOLE | | 40,140 | 0 | 0 |
Omega Healthcare Investors Inc | Common Equities | 681936100 | 529 | 18,938 | SH | | SOLE | | 18,938 | 0 | 0 |
Oracle Corp | Common Equities | 68389X105 | 7,430 | 90,900 | SH | | SOLE | | 90,900 | 0 | 0 |
PepsiCo Inc | Common Equities | 713448108 | 10,834 | 59,970 | SH | | SOLE | | 59,970 | 0 | 0 |
PG&E Corp | Common Equities | 69331C108 | 1,528 | 94,000 | SH | | SOLE | | 94,000 | 0 | 0 |
PPL Corp | Common Equities | 69351T106 | 1,387 | 47,500 | SH | | SOLE | | 47,500 | 0 | 0 |
Procter & Gamble Co/The | Common Equities | 742718109 | 14,675 | 96,832 | SH | | SOLE | | 96,832 | 0 | 0 |
Prologis Inc | Common Equities | 74340W103 | 7,325 | 64,980 | SH | | SOLE | | 64,980 | 0 | 0 |
Public Service Enterprise Group Inc | Common Equities | 744573106 | 1,856 | 30,300 | SH | | SOLE | | 30,300 | 0 | 0 |
Public Storage | Common Equities | 74460D109 | 3,065 | 10,940 | SH | | SOLE | | 10,940 | 0 | 0 |
Realty Income Corp | Common Equities | 756109104 | 2,908 | 45,855 | SH | | SOLE | | 45,855 | 0 | 0 |
Regency Centers Corp | Common Equities | 758849103 | 504 | 12,270 | SH | | SOLE | | 12,270 | 0 | 0 |
Rexford Industrial Realty Inc | Common Equities | 76169C100 | 522 | 9,558 | SH | | SOLE | | 9,558 | 0 | 0 |
RITHM Capital Corp | Common Equities | 64828T201 | 138 | 16,936 | SH | | SOLE | | 16,936 | 0 | 0 |
Rogers Communications Inc | Common Equities | 775109200 | 391 | 9,100 | SH | | SOLE | | 9,100 | 0 | 0 |
salesforce.com Inc | Common Equities | 79466L302 | 5,558 | 41,920 | SH | | SOLE | | 41,920 | 0 | 0 |
SBA Communications Corp | Common Equities | 78410G104 | 1,607 | 7,766 | SH | | SOLE | | 7,766 | 0 | 0 |
Sempra Energy | Common Equities | 816851109 | 2,967 | 19,200 | SH | | SOLE | | 19,200 | 0 | 0 |
Simon Property Group Inc | Common Equities | 828806109 | 3,298 | 28,079 | SH | | SOLE | | 28,079 | 0 | 0 |
Southern Co/The | Common Equities | 842587107 | 4,513 | 63,200 | SH | | SOLE | | 63,200 | 0 | 0 |
SPDR Portfolio Long Term Treasury ETF | Exchange Traded Fund | 78464A664 | 26,875 | 925,800 | SH | | SOLE | | 925,800 | 0 | 0 |
SPDR S&P 500 ETF Trust | Exchange Traded Fund | 78462F103 | 42,832 | 112,000 | SH | | SOLE | | 112,000 | 0 | 0 |
STAG Industrial Inc | Common Equities | 85254J102 | 371 | 11,497 | SH | | SOLE | | 11,497 | 0 | 0 |
Starbucks Corp | Common Equities | 855244109 | 3,582 | 40,460 | SH | | SOLE | | 40,460 | 0 | 0 |
Starwood Property Trust Inc | Common Equities | 85571B105 | 190 | 10,407 | SH | | SOLE | | 10,407 | 0 | 0 |
STORE Capital Corp | Common Equities | 862121100 | 613 | 19,122 | SH | | SOLE | | 19,122 | 0 | 0 |
Sun Communities Inc | Common Equities | 866674104 | 1,201 | 8,401 | SH | | SOLE | | 8,401 | 0 | 0 |
Texas Instruments Inc | Common Equities | 882508104 | 2,479 | 15,010 | SH | | SOLE | | 15,010 | 0 | 0 |
Thermo Fisher Scientific Inc | Common Equities | 883556102 | 6,068 | 11,020 | SH | | SOLE | | 11,020 | 0 | 0 |
T-Mobile US Inc | Common Equities | 872590104 | 1,828 | 15,100 | SH | | SOLE | | 15,100 | 0 | 0 |
UDR Inc | Common Equities | 902653104 | 832 | 21,490 | SH | | SOLE | | 21,490 | 0 | 0 |
United Parcel Service Inc | Common Equities | 911312106 | 11,429 | 65,746 | SH | | SOLE | | 65,746 | 0 | 0 |
UnitedHealth Group Inc | Common Equities | 91324P102 | 24,439 | 46,097 | SH | | SOLE | | 46,097 | 0 | 0 |
Utilities Select Sector SPDR Fund | Exchange Traded Fund | 81369Y886 | 11,262 | 159,750 | SH | | SOLE | | 159,750 | 0 | 0 |
Vanguard FTSE Developed Markets ETF | Exchange Traded Fund | 921943858 | 54,561 | 1,300,000 | SH | | SOLE | | 1,300,000 | 0 | 0 |
Vanguard Long-Term Corporate Bond ETF | Exchange Traded Fund | 92206C813 | 3,278 | 35,000 | SH | | SOLE | | 35,000 | 0 | 0 |
Vanguard Long-Term Treasury ETF | Exchange Traded Fund | 92206C847 | 63,489 | 700,000 | SH | | SOLE | | 700,000 | 0 | 0 |
Vanguard Russell 2000 ETF | Exchange Traded Fund | 92206C664 | 8,657 | 140,000 | SH | | SOLE | | 140,000 | 0 | 0 |
Vanguard S&P 500 ETF | Exchange Traded Fund | 922908363 | 24,242 | 69,000 | SH | | SOLE | | 69,000 | 0 | 0 |
Vanguard S&P Mid-Cap 400 ETF | Exchange Traded Fund | 921932885 | 99,777 | 610,000 | SH | | SOLE | | 610,000 | 0 | 0 |
Vanguard Total Bond Market ETF | Exchange Traded Fund | 921937835 | 56,744 | 650,000 | SH | | SOLE | | 650,000 | 0 | 0 |
Ventas Inc | Common Equities | 92276F100 | 1,539 | 34,180 | SH | | SOLE | | 34,180 | 0 | 0 |
Verizon Communications Inc | Common Equities | 92343V104 | 12,204 | 309,770 | SH | | SOLE | | 309,770 | 0 | 0 |
VICI Properties Inc | Common Equities | 925652109 | 2,503 | 77,262 | SH | | SOLE | | 77,262 | 0 | 0 |
Visa Inc | Common Equities | 92826C839 | 12,903 | 62,110 | SH | | SOLE | | 62,110 | 0 | 0 |
Vornado Realty Trust | Common Equities | 929042109 | 291 | 13,985 | SH | | SOLE | | 13,985 | 0 | 0 |
Walmart Inc | Common Equities | 931142103 | 19,579 | 138,090 | SH | | SOLE | | 138,090 | 0 | 0 |
Walt Disney Co/The | Common Equities | 254687106 | 6,142 | 70,701 | SH | | SOLE | | 70,701 | 0 | 0 |
WEC Energy Group Inc | Common Equities | 92939U106 | 1,743 | 18,600 | SH | | SOLE | | 18,600 | 0 | 0 |
Welltower Inc | Common Equities | 95040Q104 | 2,238 | 34,153 | SH | | SOLE | | 34,153 | 0 | 0 |
Weyerhaeuser Co | Common Equities | 962166104 | 1,683 | 54,320 | SH | | SOLE | | 54,320 | 0 | 0 |
WP Carey Inc | Common Equities | 92936U109 | 1,053 | 13,475 | SH | | SOLE | | 13,475 | 0 | 0 |
Xcel Energy Inc | Common Equities | 98389B100 | 2,194 | 32,000 | SH | | SOLE | | 32,000 | 0 | 0 |