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 | 7,464,891 | 46,840 | SH | | SOLE | | 46,840 | 0 | 0 |
Adobe Systems Inc | Common Equities | 00724F101 | 9,499,371 | 24,650 | SH | | SOLE | | 24,650 | 0 | 0 |
AGNC Investment Corp | Common Equities | 00123Q104 | 193,375 | 19,184 | SH | | SOLE | | 19,184 | 0 | 0 |
Air Products & Chemicals Inc | Common Equities | 009158106 | 1,269,468 | 4,420 | SH | | SOLE | | 4,420 | 0 | 0 |
Alexandria Real Estate Equities Inc | Common Equities | 015271109 | 1,290,940 | 10,279 | SH | | SOLE | | 10,279 | 0 | 0 |
Alphabet Inc | Common Equities | 02079K305 | 35,016,136 | 337,570 | SH | | SOLE | | 337,570 | 0 | 0 |
Amazon.com Inc | Common Equities | 023135106 | 42,657,737 | 412,990 | SH | | SOLE | | 412,990 | 0 | 0 |
Ameren Corp | Common Equities | 023608102 | 1,313,128 | 15,200 | SH | | SOLE | | 15,200 | 0 | 0 |
American Electric Power Co Inc | Common Equities | 025537101 | 2,775,195 | 30,500 | SH | | SOLE | | 30,500 | 0 | 0 |
American Homes 4 Rent | Common Equities | 02665T306 | 680,421 | 21,635 | SH | | SOLE | | 21,635 | 0 | 0 |
American Tower Corp | Common Equities | 03027X100 | 7,892,633 | 38,625 | SH | | SOLE | | 38,625 | 0 | 0 |
American Water Works Co Inc | Common Equities | 030420103 | 1,552,794 | 10,600 | SH | | SOLE | | 10,600 | 0 | 0 |
Americold Realty Trust | Common Equities | 03064D108 | 516,794 | 18,165 | SH | | SOLE | | 18,165 | 0 | 0 |
Annaly Capital Management Inc | Common Equities | 035710839 | 251,564 | 13,164 | SH | | SOLE | | 13,164 | 0 | 0 |
Apartment Income REIT Corp | Common Equities | 03750L109 | 428,395 | 11,963 | SH | | SOLE | | 11,963 | 0 | 0 |
Apple Inc | Common Equities | 037833100 | 137,866,294 | 836,060 | SH | | SOLE | | 836,060 | 0 | 0 |
AT&T Inc | Common Equities | 00206R102 | 3,950,100 | 205,200 | SH | | SOLE | | 205,200 | 0 | 0 |
AvalonBay Communities Inc | Common Equities | 053484101 | 1,766,311 | 10,510 | SH | | SOLE | | 10,510 | 0 | 0 |
Blackstone Mortgage Trust Inc | Common Equities | 09257W100 | 102,691 | 5,753 | SH | | SOLE | | 5,753 | 0 | 0 |
Boston Properties Inc | Common Equities | 101121101 | 633,312 | 11,702 | SH | | SOLE | | 11,702 | 0 | 0 |
Boston Scientific Corp | Common Equities | 101137107 | 16,007,699 | 319,962 | SH | | SOLE | | 319,962 | 0 | 0 |
Brixmor Property Group Inc | Common Equities | 11120U105 | 520,203 | 24,173 | SH | | SOLE | | 24,173 | 0 | 0 |
Broadcom Inc | Common Equities | 11135F101 | 10,277,471 | 16,020 | SH | | SOLE | | 16,020 | 0 | 0 |
Camden Property Trust | Common Equities | 133131102 | 739,017 | 7,049 | SH | | SOLE | | 7,049 | 0 | 0 |
Chevron Corp | Common Equities | 166764100 | 16,010,075 | 98,125 | SH | | SOLE | | 98,125 | 0 | 0 |
Chubb Ltd | Common Equities | H1467J104 | 5,508,887 | 28,370 | SH | | SOLE | | 28,370 | 0 | 0 |
Cisco Systems Inc | Common Equities | 17275R102 | 3,197,139 | 61,160 | SH | | SOLE | | 61,160 | 0 | 0 |
Comcast Corp | Common Equities | 20030N101 | 4,937,285 | 130,237 | SH | | SOLE | | 130,237 | 0 | 0 |
Comerica Inc | Common Equities | 200340107 | 3,473,600 | 80,000 | SH | | SOLE | | 80,000 | 0 | 0 |
Consolidated Edison Inc | Common Equities | 209115104 | 1,884,699 | 19,700 | SH | | SOLE | | 19,700 | 0 | 0 |
CoStar Group Inc | Common Equities | 22160N109 | 989,443 | 14,371 | SH | | SOLE | | 14,371 | 0 | 0 |
Crown Castle International Corp | Common Equities | 22822V101 | 4,710,766 | 35,197 | SH | | SOLE | | 35,197 | 0 | 0 |
CubeSmart | Common Equities | 229663109 | 708,044 | 15,319 | SH | | SOLE | | 15,319 | 0 | 0 |
Digital Realty Trust Inc | Common Equities | 253868103 | 9,497,926 | 96,612 | SH | | SOLE | | 96,612 | 0 | 0 |
Dominion Energy Inc | Common Equities | 25746U109 | 2,756,363 | 49,300 | SH | | SOLE | | 49,300 | 0 | 0 |
Douglas Emmett Inc | Common Equities | 25960P109 | 199,968 | 16,218 | SH | | SOLE | | 16,218 | 0 | 0 |
DTE Energy Co | Common Equities | 233331107 | 1,259,710 | 11,500 | SH | | SOLE | | 11,500 | 0 | 0 |
Duke Energy Corp | Common Equities | 26441C204 | 12,447,524 | 129,030 | SH | | SOLE | | 129,030 | 0 | 0 |
EastGroup Properties Inc | Common Equities | 277276101 | 456,614 | 2,762 | SH | | SOLE | | 2,762 | 0 | 0 |
Edison International | Common Equities | 281020107 | 1,630,629 | 23,100 | SH | | SOLE | | 23,100 | 0 | 0 |
Edwards Lifesciences Corp | Common Equities | 28176E108 | 11,894,092 | 143,770 | SH | | SOLE | | 143,770 | 0 | 0 |
Entergy Corp | Common Equities | 29364G103 | 1,271,332 | 11,800 | SH | | SOLE | | 11,800 | 0 | 0 |
Equinix Inc | Common Equities | 29444U700 | 4,744,443 | 6,580 | SH | | SOLE | | 6,580 | 0 | 0 |
Equity LifeStyle Properties Inc | Common Equities | 29472R108 | 915,989 | 13,645 | SH | | SOLE | | 13,645 | 0 | 0 |
Equity Residential | Common Equities | 29476L107 | 1,595,880 | 26,598 | SH | | SOLE | | 26,598 | 0 | 0 |
Essex Property Trust Inc | Common Equities | 297178105 | 1,006,173 | 4,811 | SH | | SOLE | | 4,811 | 0 | 0 |
Eversource Energy | Common Equities | 30040W108 | 1,557,374 | 19,900 | SH | | SOLE | | 19,900 | 0 | 0 |
Exelon Corp | Common Equities | 30161N101 | 2,559,479 | 61,100 | SH | | SOLE | | 61,100 | 0 | 0 |
Extra Space Storage Inc | Common Equities | 30225T102 | 1,545,391 | 9,485 | SH | | SOLE | | 9,485 | 0 | 0 |
Exxon Mobil Corp | Common Equities | 30231G102 | 23,779,003 | 216,843 | SH | | SOLE | | 216,843 | 0 | 0 |
Federal Realty Investment Trust | Common Equities | 313745101 | 540,106 | 5,465 | SH | | SOLE | | 5,465 | 0 | 0 |
Fifth Third Bancorp | Common Equities | 316773100 | 16,198,452 | 608,050 | SH | | SOLE | | 608,050 | 0 | 0 |
First Industrial Realty Trust Inc | Common Equities | 32054K103 | 505,985 | 9,511 | SH | | SOLE | | 9,511 | 0 | 0 |
FirstEnergy Corp | Common Equities | 337932107 | 1,321,980 | 33,000 | SH | | SOLE | | 33,000 | 0 | 0 |
Fortis Inc/Canada | Common Equities | 349553107 | 1,209,697 | 28,500 | SH | | SOLE | | 28,500 | 0 | 0 |
Gaming and Leisure Properties Inc | Common Equities | 36467J108 | 945,149 | 18,155 | SH | | SOLE | | 18,155 | 0 | 0 |
Generac Holdings Inc | Common Equities | 368736104 | 1,096,302 | 10,150 | SH | | SOLE | | 10,150 | 0 | 0 |
Hartford Financial Services Group Inc/The | Common Equities | 416515104 | 4,810,701 | 69,030 | SH | | SOLE | | 69,030 | 0 | 0 |
Healthcare Realty Trust | Common Equities | 42226K105 | 328,262 | 16,982 | SH | | SOLE | | 16,982 | 0 | 0 |
Healthpeak Properties Inc | Common Equities | 42250P103 | 899,100 | 40,924 | SH | | SOLE | | 40,924 | 0 | 0 |
Honeywell International Inc | Common Equities | 438516106 | 1,920,756 | 10,050 | SH | | SOLE | | 10,050 | 0 | 0 |
Host Hotels & Resorts Inc | Common Equities | 44107P104 | 1,035,918 | 62,821 | SH | | SOLE | | 62,821 | 0 | 0 |
Invesco DB Commodity Index Tracking Fund | Exchange Traded Fund | 46138B103 | 42,423,380 | 1,787,000 | SH | | SOLE | | 1,787,000 | 0 | 0 |
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | Exchange Traded Fund | 46090F100 | 41,279,238 | 2,902,900 | SH | | SOLE | | 2,902,900 | 0 | 0 |
Invesco S&P 500 High Dividend Low Volatility ETF | Exchange Traded Fund | 46138E362 | 3,798,900 | 90,000 | SH | | SOLE | | 90,000 | 0 | 0 |
Invesco S&P 500 Low Volatility ETF | Exchange Traded Fund | 46138E354 | 12,623,520 | 202,300 | SH | | SOLE | | 202,300 | 0 | 0 |
Invesco S&P 500 Pure Growth ETF | Exchange Traded Fund | 46137V266 | 15,537,192 | 102,800 | SH | | SOLE | | 102,800 | 0 | 0 |
Invesco S&P 500 Pure Value ETF | Exchange Traded Fund | 46137V258 | 12,060,510 | 158,900 | SH | | SOLE | | 158,900 | 0 | 0 |
Invitation Homes Inc | Common Equities | 46187W107 | 1,309,287 | 41,924 | SH | | SOLE | | 41,924 | 0 | 0 |
Iron Mountain Inc | Common Equities | 46284V101 | 1,157,565 | 21,878 | SH | | SOLE | | 21,878 | 0 | 0 |
iShares Core MSCI EAFE ETF | Exchange Traded Fund | 46432F842 | 75,079,235 | 1,123,100 | SH | | SOLE | | 1,123,100 | 0 | 0 |
iShares Core MSCI Emerging Markets ETF | Exchange Traded Fund | 46434G103 | 102,824,925 | 2,107,500 | SH | | SOLE | | 2,107,500 | 0 | 0 |
iShares Core S&P Mid-Cap ETF | Exchange Traded Fund | 464287507 | 9,643,668 | 38,550 | SH | | SOLE | | 38,550 | 0 | 0 |
iShares Core S&P Small-Cap ETF | Exchange Traded Fund | 464287804 | 9,283,200 | 96,000 | SH | | SOLE | | 96,000 | 0 | 0 |
iShares iBoxx $ Investment Grade Corporate Bond ETF | Exchange Traded Fund | 464287242 | 198,437,944 | 1,810,400 | SH | | SOLE | | 1,810,400 | 0 | 0 |
iShares MSCI Canada ETF | Exchange Traded Fund | 464286509 | 7,922,924 | 231,800 | SH | | SOLE | | 231,800 | 0 | 0 |
iShares MSCI USA Min Vol Factor ETF | Exchange Traded Fund | 46429B697 | 12,482,184 | 171,600 | SH | | SOLE | | 171,600 | 0 | 0 |
JPMorgan Chase & Co | Common Equities | 46625H100 | 22,447,201 | 172,260 | SH | | SOLE | | 172,260 | 0 | 0 |
KeyCorp | Common Equities | 493267108 | 5,884,400 | 470,000 | SH | | SOLE | | 470,000 | 0 | 0 |
Kilroy Realty Corp | Common Equities | 49427F108 | 276,437 | 8,532 | SH | | SOLE | | 8,532 | 0 | 0 |
Kimco Realty Corp | Common Equities | 49446R109 | 920,703 | 47,143 | SH | | SOLE | | 47,143 | 0 | 0 |
Lamar Advertising Co | Common Equities | 512816109 | 689,041 | 6,898 | SH | | SOLE | | 6,898 | 0 | 0 |
Life Storage Inc | Common Equities | 53223X107 | 718,635 | 5,482 | SH | | SOLE | | 5,482 | 0 | 0 |
Marriott International Inc/MD | Common Equities | 571903202 | 10,918,790 | 65,760 | SH | | SOLE | | 65,760 | 0 | 0 |
Mastercard Inc | Common Equities | 57636Q104 | 4,648,014 | 12,790 | SH | | SOLE | | 12,790 | 0 | 0 |
Medical Properties Trust Inc | Common Equities | 58463J304 | 361,170 | 43,938 | SH | | SOLE | | 43,938 | 0 | 0 |
META Platforms Inc | Common Equities | 30303M102 | 8,122,389 | 38,324 | SH | | SOLE | | 38,324 | 0 | 0 |
Microsoft Corp | Common Equities | 594918104 | 64,097,739 | 222,330 | SH | | SOLE | | 222,330 | 0 | 0 |
Mid-America Apartment Communities Inc | Common Equities | 59522J103 | 1,206,961 | 7,991 | SH | | SOLE | | 7,991 | 0 | 0 |
National Retail Properties Inc | Common Equities | 637417106 | 617,129 | 13,978 | SH | | SOLE | | 13,978 | 0 | 0 |
NextEra Energy Inc | Common Equities | 65339F101 | 8,763,996 | 113,700 | SH | | SOLE | | 113,700 | 0 | 0 |
NVIDIA Corp | Common Equities | 67066G104 | 19,780,002 | 71,210 | SH | | SOLE | | 71,210 | 0 | 0 |
Omega Healthcare Investors Inc | Common Equities | 681936100 | 519,091 | 18,938 | SH | | SOLE | | 18,938 | 0 | 0 |
Oracle Corp | Common Equities | 68389X105 | 1,956,895 | 21,060 | SH | | SOLE | | 21,060 | 0 | 0 |
Parker-Hannifin Corp | Common Equities | 701094104 | 12,167,182 | 36,200 | SH | | SOLE | | 36,200 | 0 | 0 |
PepsiCo Inc | Common Equities | 713448108 | 8,305,588 | 45,560 | SH | | SOLE | | 45,560 | 0 | 0 |
PG&E Corp | Common Equities | 69331C108 | 1,519,980 | 94,000 | SH | | SOLE | | 94,000 | 0 | 0 |
PNC Financial Services Group Inc/The | Common Equities | 693475105 | 16,922,094 | 133,140 | SH | | SOLE | | 133,140 | 0 | 0 |
PPL Corp | Common Equities | 69351T106 | 1,320,025 | 47,500 | SH | | SOLE | | 47,500 | 0 | 0 |
Procter & Gamble Co/The | Common Equities | 742718109 | 9,026,970 | 60,710 | SH | | SOLE | | 60,710 | 0 | 0 |
Prologis Inc | Common Equities | 74340W103 | 8,107,555 | 64,980 | SH | | SOLE | | 64,980 | 0 | 0 |
Public Service Enterprise Group Inc | Common Equities | 744573106 | 1,892,235 | 30,300 | SH | | SOLE | | 30,300 | 0 | 0 |
Public Storage | Common Equities | 74460D109 | 3,305,412 | 10,940 | SH | | SOLE | | 10,940 | 0 | 0 |
Realty Income Corp | Common Equities | 756109104 | 2,903,539 | 45,855 | SH | | SOLE | | 45,855 | 0 | 0 |
Regency Centers Corp | Common Equities | 758849103 | 750,679 | 12,270 | SH | | SOLE | | 12,270 | 0 | 0 |
Rexford Industrial Realty Inc | Common Equities | 76169C100 | 570,135 | 9,558 | SH | | SOLE | | 9,558 | 0 | 0 |
RITHM Capital Corp | Common Equities | 64828T201 | 135,488 | 16,936 | SH | | SOLE | | 16,936 | 0 | 0 |
Rogers Communications Inc | Common Equities | 775109200 | 421,148 | 9,100 | SH | | SOLE | | 9,100 | 0 | 0 |
salesforce.com Inc | Common Equities | 79466L302 | 11,099,777 | 55,560 | SH | | SOLE | | 55,560 | 0 | 0 |
SBA Communications Corp | Common Equities | 78410G104 | 2,027,470 | 7,766 | SH | | SOLE | | 7,766 | 0 | 0 |
Sempra Energy | Common Equities | 816851109 | 2,902,272 | 19,200 | SH | | SOLE | | 19,200 | 0 | 0 |
Simon Property Group Inc | Common Equities | 828806109 | 3,144,006 | 28,079 | SH | | SOLE | | 28,079 | 0 | 0 |
Southern Co/The | Common Equities | 842587107 | 4,397,456 | 63,200 | SH | | SOLE | | 63,200 | 0 | 0 |
SPDR Portfolio Long Term Treasury ETF | Exchange Traded Fund | 78464A664 | 12,660,800 | 410,000 | SH | | SOLE | | 410,000 | 0 | 0 |
SPDR S&P 500 ETF Trust | Exchange Traded Fund | 78462F103 | 18,422,550 | 45,000 | SH | | SOLE | | 45,000 | 0 | 0 |
SPDR S&P Dividend ETF | Exchange Traded Fund | 78464A763 | 3,921,607 | 31,700 | SH | | SOLE | | 31,700 | 0 | 0 |
STAG Industrial Inc | Common Equities | 85254J102 | 388,829 | 11,497 | SH | | SOLE | | 11,497 | 0 | 0 |
Starbucks Corp | Common Equities | 855244109 | 3,959,023 | 38,020 | SH | | SOLE | | 38,020 | 0 | 0 |
Starwood Property Trust Inc | Common Equities | 85571B105 | 184,100 | 10,407 | SH | | SOLE | | 10,407 | 0 | 0 |
Sun Communities Inc | Common Equities | 866674104 | 1,183,533 | 8,401 | SH | | SOLE | | 8,401 | 0 | 0 |
Texas Instruments Inc | Common Equities | 882508104 | 9,996,177 | 53,740 | SH | | SOLE | | 53,740 | 0 | 0 |
Thermo Fisher Scientific Inc | Common Equities | 883556102 | 15,752,192 | 27,330 | SH | | SOLE | | 27,330 | 0 | 0 |
T-Mobile US Inc | Common Equities | 872590104 | 2,187,084 | 15,100 | SH | | SOLE | | 15,100 | 0 | 0 |
Truist Financial Corp | Equity | 89832Q109 | 6,820,000 | 200,000 | SH | | SOLE | | 200,000 | 0 | 0 |
UDR Inc | Common Equities | 902653104 | 882,379 | 21,490 | SH | | SOLE | | 21,490 | 0 | 0 |
United Parcel Service Inc | Common Equities | 911312106 | 7,623,031 | 39,296 | SH | | SOLE | | 39,296 | 0 | 0 |
UnitedHealth Group Inc | Common Equities | 91324P102 | 11,148,398 | 23,590 | SH | | SOLE | | 23,590 | 0 | 0 |
Vanguard FTSE Developed Markets ETF | Exchange Traded Fund | 921943858 | 56,462,500 | 1,250,000 | SH | | SOLE | | 1,250,000 | 0 | 0 |
Vanguard Long-Term Corporate Bond ETF | Exchange Traded Fund | 92206C813 | 138,170,704 | 1,733,200 | SH | | SOLE | | 1,733,200 | 0 | 0 |
Vanguard Long-Term Treasury ETF | Exchange Traded Fund | 92206C847 | 43,891,700 | 670,000 | SH | | SOLE | | 670,000 | 0 | 0 |
Vanguard Russell 2000 ETF | Exchange Traded Fund | 92206C664 | 7,928,800 | 110,000 | SH | | SOLE | | 110,000 | 0 | 0 |
Vanguard S&P 500 ETF | Exchange Traded Fund | 922908363 | 21,435,990 | 57,000 | SH | | SOLE | | 57,000 | 0 | 0 |
Vanguard S&P Mid-Cap 400 ETF | Exchange Traded Fund | 921932885 | 82,986,400 | 980,000 | SH | | SOLE | | 980,000 | 0 | 0 |
Vanguard Total Bond Market ETF | Exchange Traded Fund | 921937835 | 44,298,000 | 600,000 | SH | | SOLE | | 600,000 | 0 | 0 |
Ventas Inc | Common Equities | 92276F100 | 1,481,703 | 34,180 | SH | | SOLE | | 34,180 | 0 | 0 |
Verizon Communications Inc | Common Equities | 92343V104 | 4,363,458 | 112,200 | SH | | SOLE | | 112,200 | 0 | 0 |
VICI Properties Inc | Common Equities | 925652109 | 2,520,286 | 77,262 | SH | | SOLE | | 77,262 | 0 | 0 |
Visa Inc | Common Equities | 92826C839 | 5,359,184 | 23,770 | SH | | SOLE | | 23,770 | 0 | 0 |
Vornado Realty Trust | Common Equities | 929042109 | 214,949 | 13,985 | SH | | SOLE | | 13,985 | 0 | 0 |
Walmart Inc | Common Equities | 931142103 | 6,561,820 | 44,502 | SH | | SOLE | | 44,502 | 0 | 0 |
Walt Disney Co/The | Common Equities | 254687106 | 17,661,030 | 176,381 | SH | | SOLE | | 176,381 | 0 | 0 |
WEC Energy Group Inc | Common Equities | 92939U106 | 1,763,094 | 18,600 | SH | | SOLE | | 18,600 | 0 | 0 |
Welltower Inc | Common Equities | 95040Q104 | 2,448,429 | 34,153 | SH | | SOLE | | 34,153 | 0 | 0 |
Weyerhaeuser Co | Common Equities | 962166104 | 1,636,662 | 54,320 | SH | | SOLE | | 54,320 | 0 | 0 |
WP Carey Inc | Common Equities | 92936U109 | 1,043,639 | 13,475 | SH | | SOLE | | 13,475 | 0 | 0 |
Xcel Energy Inc | Common Equities | 98389B100 | 2,158,080 | 32,000 | SH | | SOLE | | 32,000 | 0 | 0 |
Zions Bancorporation | Common Equities | 989701107 | 2,993,000 | 100,000 | SH | | SOLE | | 100,000 | 0 | 0 |