Location: Radnor, PA
CIK: 0001033984 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 10, 2026
Total Value: $6.811B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WELL | Welltower Inc. | 3,229,678 | $599M | 8.8% | — | — | COM | 95040Q104 |
| EQIX | Equinix Inc | 589,231 | $451M | 6.6% | — | — | COM | 29444U700 |
| PLD | ProLogis Inc. | 2,152,183 | $275M | 4.0% | — | — | COM | 74340W103 |
| SPG | Simon Property Group Inc. | 1,290,039 | $239M | 3.5% | — | — | COM | 828806109 |
| VICI | Vici Properties Inc. | 7,063,264 | $199M | 2.9% | — | — | COM | 925652109 |
| UNP | Union Pacific Corp | 842,775 | $195M | 2.9% | — | — | COM | 907818108 |
| UDR | UDR Inc. | 4,687,007 | $172M | 2.5% | — | — | COM | 902653104 |
| XEL | Xcel Energy Inc. | 2,324,667 | $172M | 2.5% | — | — | COM | 98389B100 |
| ETR | Entergy Corp. | 1,769,115 | $164M | 2.4% | — | — | COM | 29364G103 |
| PEG | Public Service Enterprise Grou | 1,946,512 | $156M | 2.3% | — | — | COM | 744573106 |
| AMH | American Homes 4 Rent | 4,850,171 | $156M | 2.3% | — | — | COM | 02665T306 |
| LNG | Cheniere Energy Inc. | 761,179 | $148M | 2.2% | — | — | COM | 16411R208 |
| VTR | Ventas Inc. | 1,851,968 | $143M | 2.1% | — | — | COM | 92276F100 |
| WEC | WEC Energy Group Inc. | 1,336,094 | $141M | 2.1% | — | — | COM | 92939U106 |
| BRX | Brixmor Property Group | 5,341,006 | $140M | 2.1% | — | — | COM | 11120U105 |
| AMT | American Tower Corp. | 788,920 | $139M | 2.0% | — | — | COM | 03027X100 |
| FR | First Industrial Realty Trust | 2,345,292 | $134M | 2.0% | — | — | COM | 32054K103 |
| STAG | STAG Industrial, Inc. | 3,622,812 | $133M | 2.0% | — | — | COM | 85254J102 |
| REG | Regency Centers Corporation | 1,879,365 | $130M | 1.9% | — | — | COM | 758849103 |
| EGP | Eastgroup Properties | 711,109 | $127M | 1.9% | — | — | COM | 277276101 |
| CUBE | CubeSmart | 3,469,724 | $125M | 1.8% | — | — | COM | 229663109 |
| PPL | PPL Corp. | 3,457,346 | $121M | 1.8% | — | — | COM | 69351T106 |
| IRM | Iron Mountain Incorporated | 1,446,597 | $120M | 1.8% | — | — | COM | 46284V101 |
| TRGP | Targa Resources Corp. | 623,930 | $115M | 1.7% | — | — | COM | 87612G101 |
| AES | AES Corporation | 7,865,594 | $113M | 1.7% | — | — | COM | 00130H105 |
| PCG | PG&E Corp. | 6,948,499 | $112M | 1.6% | — | — | COM | 69331C108 |
| CMS | CMS Energy Corporation | 1,480,908 | $104M | 1.5% | — | — | COM | 125896100 |
| OHI | Omega Healthcare Investors | 2,222,799 | $98.56M | 1.4% | — | — | COM | 681936100 |
| OGE | OGE Energy Corp. | 2,215,572 | $94.6M | 1.4% | — | — | COM | 670837103 |
| DOC | Healthpeak Properties Inc. | 5,696,889 | $91.61M | 1.3% | — | — | COM | 42250P103 |
| ATO | Atmos Energy Corp. | 529,421 | $88.75M | 1.3% | — | — | COM | 049560105 |
| PSA | Public Storage | 330,487 | $85.76M | 1.3% | — | — | COM | 74460D109 |
| CEG | Constellation Energy Corp | 223,538 | $78.97M | 1.2% | — | — | COM | 21037T109 |
| WTRG | Essential Utilities | 1,971,886 | $75.64M | 1.1% | — | — | COM | 29670G102 |
| NEE | Nextera Energy Inc | 888,397 | $71.32M | 1.0% | — | — | COM | 65339F101 |
| AHR | American Healthcare REIT | 1,504,685 | $70.81M | 1.0% | — | — | COM | 398182303 |
| CCI | Crown Castle Inc | 709,609 | $63.06M | 0.9% | — | — | COM | 22822V101 |
| VNO | Vornado Realty Trust | 1,544,423 | $51.4M | 0.8% | — | — | COM | 929042109 |
| ED | Consolidated Edison Inc. | 508,222 | $50.48M | 0.7% | — | — | COM | 209115104 |
| INVH | Invitation Homes Inc | 1,719,689 | $47.79M | 0.7% | — | — | COM | 46187W107 |
| EPRT | Essential Properties Realty | 1,520,150 | $45.09M | 0.7% | — | — | COM | 29670E107 |
| EQR | Equity Residential | 696,971 | $43.94M | 0.6% | — | — | COM | 29476L107 |
| EXR | Extra Space Storage Inc. | 330,346 | $43.02M | 0.6% | — | — | COM | 30225T102 |
| BXP | BXP Inc | 622,750 | $42.02M | 0.6% | — | — | COM | 101121101 |
| CNP | CenterPoint Energy Inc. | 1,036,825 | $39.75M | 0.6% | — | — | COM | 15189T107 |
| SHO | Sunstone Hotel Investors Inc. | 4,381,967 | $39.17M | 0.6% | — | — | COM | 867892101 |
| DLR | Digital Realty Trust Inc. | 248,682 | $38.47M | 0.6% | — | — | COM | 253868103 |
| HST | Host Hotels & Resorts Inc. | 2,169,471 | $38.46M | 0.6% | — | — | COM | 44107P104 |
| LXP | LXP Industrial Trust | 741,884 | $36.78M | 0.5% | — | — | COM | 529043408 |
| SKT | Tanger Inc. | 1,009,226 | $33.68M | 0.5% | — | — | COM | 875465106 |
| IRT | Independence Realty Trust Inc | 1,871,603 | $32.72M | 0.5% | — | — | COM | 45378A106 |
| SUI | Sun Communities Inc. | 262,148 | $32.48M | 0.5% | — | — | COM | 866674104 |
| CWT | California Water Service Group | 722,345 | $31.3M | 0.5% | — | — | COM | 130788102 |
| AVB | AvalonBay Communities Inc. | 165,953 | $30.09M | 0.4% | — | — | COM | 053484101 |
| CPT | Camden Property Trust | 269,117 | $29.62M | 0.4% | — | — | COM | 133131102 |
| CDP | COPT Defense Properties | 1,016,948 | $28.27M | 0.4% | — | — | COM | 22002T108 |
| O | Realty Income Corp | 455,409 | $25.67M | 0.4% | — | — | COM | 756109104 |
| CPK | Chesapeake Utilities Corporati | 202,264 | $25.23M | 0.4% | — | — | COM | 165303108 |
| CUZ | Cousins Properties Inc. | 941,187 | $24.26M | 0.4% | — | — | COM | 222795502 |
| REXR | Rexford Industrial Realty, Inc | 603,046 | $23.35M | 0.3% | — | — | COM | 76169C100 |
| GTY | Getty Realty Corp. | 802,660 | $21.97M | 0.3% | — | — | COM | 374297109 |
| D | Dominion Energy Inc. | 369,494 | $21.65M | 0.3% | — | — | COM | 25746U109 |
| OKE | ONEOK Inc. | 292,800 | $21.52M | 0.3% | — | — | COM | 682680103 |
| CWEN | Clearway Energy Inc. Class C | 608,327 | $20.23M | 0.3% | — | — | COM | 18539C204 |
| VRE | Veris Residential Inc | 1,350,832 | $20.1M | 0.3% | — | — | COM | 554489104 |
| CSX | CSX Corporation | 542,675 | $19.67M | 0.3% | — | — | COM | 126408103 |
| ESS | Essex Property Trust Inc. | 64,350 | $16.84M | 0.2% | — | — | COM | 297178105 |
| SO | Southern Co. | 184,682 | $16.1M | 0.2% | — | — | COM | 842587107 |
| LAMR | Lamar Advertising Co | 118,094 | $14.95M | 0.2% | — | — | COM | 512816109 |
| BIP | Brookfield Infrastructure Part | 417,500 | $14.5M | 0.2% | — | — | COM | G16252101 |
| SMA | SmartStop Self Storage REIT In | 371,785 | $11.5M | 0.2% | — | — | COM | 83192D402 |
| FRT | Federal Realty Investment Trus | 105,726 | $10.66M | 0.2% | — | — | COM | 313745101 |
| HLT | Hilton Worldwide Holdings Inc. | 36,958 | $10.62M | 0.2% | — | — | COM | 43300A203 |
| — | Pebblebrook Hotel Trust | 541,950 | $10.32M | 0.2% | — | — | UNIT | 70509V704 |
| COLD | Americold Realty Trust | 753,292 | $9.687M | 0.1% | — | — | COM | 03064D108 |
| NTST | Netstreit Corp | 506,241 | $8.93M | 0.1% | — | — | COM | 64119V303 |
| NSA | National Storage Affiliates Tr | 316,068 | $8.916M | 0.1% | — | — | COM | 637870106 |
| ARE | Alexandria Real Estate Equitie | 178,107 | $8.717M | 0.1% | — | — | COM | 015271109 |
| PK | Park Hotels & Resorts Inc | 800,659 | $8.375M | 0.1% | — | — | COM | 700517105 |
| XIFR | XPLR Infrastructure LP | 794,852 | $7.949M | 0.1% | — | — | COM | 65341B106 |
| ESRT | Empire State Realty Trust Inc. | 1,166,317 | $7.604M | 0.1% | — | — | COM | 292104106 |
| — | Pebblebrook Hotel Trust | 383,644 | $7.32M | 0.1% | — | — | UNIT | 70509V605 |
| PDM | Piedmont Office Realty Trust I | 819,238 | $6.832M | 0.1% | — | — | COM | 720190206 |
| LINE | LINEAGE INC | 171,316 | $5.996M | 0.1% | — | — | COM | 53566V106 |
| SBAC | SBA Communications Corp. | 26,051 | $5.039M | 0.1% | — | — | COM | 78410G104 |
| CSR | Centerspace | 51,078 | $3.408M | 0.1% | — | — | COM | 15202L107 |
| GLPI | Gaming and Leisure Properties | 66,279 | $2.962M | 0.0% | — | — | COM | 36467J108 |
| AWK | American Water Works Co. | 21,430 | $2.797M | 0.0% | — | — | COM | 030420103 |
| UNIT | Uniti Group Inc | 380,042 | $2.664M | 0.0% | — | — | COM | 912932100 |
| ELS | Equity Lifestyle Properties | 38,295 | $2.321M | 0.0% | — | — | COM | 29472R108 |
| BNL | Broadstone Net Lease Inc | 116,343 | $2.021M | 0.0% | — | — | COM | 11135E203 |
| MAR | Marriott International Inc. | 5,285 | $1.64M | 0.0% | — | — | COM | 571903202 |
| WY | Weyerhaeuser Co. | 66,277 | $1.57M | 0.0% | — | — | COM | 962166104 |
| NSC | Norfolk Southern Corp | 2,838 | $819K | 0.0% | — | — | COM | 655844108 |
| WMB | Williams Cos. | 13,023 | $783K | 0.0% | — | — | COM | 969457100 |
| AEE | Ameren Corp. | 6,066 | $606K | 0.0% | — | — | COM | 023608102 |
| ES | Eversource Energy | 3,337 | $225K | 0.0% | — | — | COM | 30040W108 |