Pensionfund Sabic Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DOC	Healthpeak Properties Inc	51,507 (+6.2%)	$1,335 (-19.8%)	0.4%	$24.84	-1.4%	COMMON STOCK	42250P103
EQIX	Equinix Inc	3,810 (+3.3%)	$2,503 (-8.5%)	0.8%	$545.06	+18.0%	COMMON STOCK	29444U700
PW	Power REIT	17,437 (+726.4%)	$222 (+167.5%)	0.1%	$18.82	—	COMMON STOCK	73933H101
VICI	VICI Properties Inc	37,500 (+8.7%)	$1,117 (+13.7%)	0.4%	$23.43	+3.1%	COMMON STOCK	925652109
—	STORE Capital Corp	36,000 (+26.3%)	$939 (+12.7%)	0.3%	$28.38	—	COMMON STOCK	862121100

Exited Positions (8)

NI NISOURCE INC 0.6%

Value ($000) $1,813 Shares 57,000 Est. Cost $22.19 Unrealized +21.0%

— CERNER CORP 0.6%

Value ($000) $1,731 Shares 18,500 Est. Cost $72.23 Unrealized —

MNST MONSTER BEVERAGE CORP 0.5%

Value ($000) $1,694 Shares 21,200 Est. Cost $30.13 Unrealized +44.3%

MAN MANPOWERGROUP INC 0.4%

Value ($000) $1,127 Shares 12,000 Est. Cost $89.97 Unrealized -2.7%

— Preferred Apartment Communities Inc 0.3%

Value ($000) $898 Shares 36,000 Est. Cost $11.46 Unrealized —

CEG CONSTELLATION ENERGY 0.2%

Value ($000) $647 Shares 11,500 Est. Cost $47.25 Unrealized +23.6%

ELME Washington Real Estate Investment Trust 0.1%

Value ($000) $255 Shares 10,000 Est. Cost $30.33 Unrealized —

VRE Veris Residential Inc 0.0%

Value ($000) $104 Shares 6,000 Est. Cost $21.96 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NI	NISOURCE INC	57,000	$1,813	0.6%	$22.19	+21.0%	—	65473P105
—	CERNER CORP	18,500	$1,731	0.6%	$72.23	—	—	156782104
MNST	MONSTER BEVERAGE CORP	21,200	$1,694	0.5%	$30.13	+44.3%	—	61174X109
MAN	MANPOWERGROUP INC	12,000	$1,127	0.4%	$89.97	-2.7%	—	56418H100
—	Preferred Apartment Communities Inc	36,000	$898	0.3%	$11.46	—	—	74039L103
CEG	CONSTELLATION ENERGY	11,500	$647	0.2%	$47.25	+23.6%	—	21037T109
ELME	Washington Real Estate Investment Trust	10,000	$255	0.1%	$30.33	—	—	939653101
VRE	Veris Residential Inc	6,000	$104	0.0%	$21.96	—	—	554489104

Decreased Positions (122)

AAPL APPLE INC 4.1%

Value ($000) $12,890 (-27.8%) Shares 94,280 (-7.8%) Est. Cost $88.60 Unrealized +67.8%

MSFT MICROSOFT CORP 3.4%

Value ($000) $10,630 (-21.4%) Shares 41,390 (-5.7%) Est. Cost $50.24 Unrealized +424.3%

PLD Prologis Inc 2.0%

Value ($000) $6,197 (-28.5%) Shares 52,672 (-1.9%) Est. Cost $50.12 Unrealized +146.1%

GOOGL ALPHABET INC-CL A 1.9%

Value ($000) $5,993 (-28.2%) Shares 2,750 (-8.3%) Est. Cost $135.05 Unrealized -13.5%

META Meta Platforms Inc 1.1%

Value ($000) $3,548 (-33.5%) Shares 22,000 (-8.3%) Est. Cost $192.40 Unrealized -0.4%

GOOG ALPHABET INC-CL C 1.5%

Value ($000) $4,769 (-25.8%) Shares 2,180 (-5.2%) Est. Cost $136.84 Unrealized -14.3%

BRK/B BERKSHIRE HATHAWAY INC-CL B 1.2%

Value ($000) $3,850 (-29.6%) Shares 14,100 (-9.0%) Est. Cost $242.84 Unrealized +29.2%

— AON PLC-CLASS A 1.4%

Value ($000) $4,265 (-24.7%) Shares 34,600 (-6.7%) Est. Cost $131.25 Unrealized —

CSCO CISCO SYSTEMS INC 0.8%

Value ($000) $2,409 (-29.7%) Shares 56,500 (-8.1%) Est. Cost $36.34 Unrealized +17.8%

COST COSTCO WHOLESALE CORP 0.9%

Value ($000) $2,876 (-24.3%) Shares 6,000 (-9.1%) Est. Cost $488.10 Unrealized -0.7%

UNP UNION PACIFIC CORP 0.7%

Value ($000) $2,239 (-28.7%) Shares 10,500 (-8.7%) Est. Cost $195.24 Unrealized +6.9%

V VISA INC-CLASS A SHARES 1.1%

Value ($000) $3,505 (-20.2%) Shares 17,800 (-10.1%) Est. Cost $77.14 Unrealized +160.7%

WMT WALMART INC 0.8%

Value ($000) $2,590 (-25.4%) Shares 21,300 (-8.6%) Est. Cost $45.47 Unrealized -3.2%

IRM Iron Mountain Inc 0.4%

Value ($000) $1,242 (-41.0%) Shares 25,500 (-32.9%) Est. Cost $22.98 Unrealized +99.2%

BX BLACKSTONE INC 0.5%

Value ($000) $1,505 (-34.1%) Shares 16,500 (-8.3%) Est. Cost $100.33 Unrealized -4.2%

SPGI SandP GLOBAL INC 0.5%

Value ($000) $1,584 (-32.2%) Shares 4,700 (-17.5%) Est. Cost $96.34 Unrealized +258.7%

AVB AvalonBay Communities Inc 0.7%

Value ($000) $2,098 (-25.3%) Shares 10,802 (-4.4%) Est. Cost $130.25 Unrealized +45.7%

UPS UNITED PARCEL SERVICE-CL B 0.7%

Value ($000) $2,190 (-24.4%) Shares 12,000 (-11.1%) Est. Cost $162.74 Unrealized -5.8%

TXN TEXAS INSTRUMENTS INC 0.7%

Value ($000) $2,213 (-24.1%) Shares 14,400 (-9.4%) Est. Cost $45.45 Unrealized +232.2%

CSX CSX CORP 0.5%

Value ($000) $1,685 (-28.6%) Shares 58,000 (-7.9%) Est. Cost $33.29 Unrealized -7.0%

EQR Equity Residential 0.6%

Value ($000) $1,795 (-27.0%) Shares 24,853 (-9.1%) Est. Cost $51.51 Unrealized +32.3%

— BLACKROCK INC 0.5%

Value ($000) $1,705 (-28.0%) Shares 2,800 (-9.7%) Est. Cost $506.42 Unrealized —

REGN REGENERON PHARMACEUTICALS 0.5%

Value ($000) $1,655 (-28.2%) Shares 2,800 (-15.2%) Est. Cost $617.39 Unrealized +4.7%

ESS Essex Property Trust Inc 0.4%

Value ($000) $1,360 (-32.1%) Shares 5,200 (-10.3%) Est. Cost $197.66 Unrealized +32.8%

MO ALTRIA GROUP INC 0.5%

Value ($000) $1,713 (-27.1%) Shares 41,000 (-8.9%) Est. Cost $30.41 Unrealized +26.4%

EBAY EBAY INC 0.4%

Value ($000) $1,208 (-34.1%) Shares 29,000 (-9.4%) Est. Cost $33.39 Unrealized +36.0%

PG PROCTER and GAMBLE CO/THE 1.2%

Value ($000) $3,810 (-14.0%) Shares 26,500 (-8.6%) Est. Cost $115.68 Unrealized +18.7%

ABBV ABBVIE INC 1.1%

Value ($000) $3,523 (-14.8%) Shares 23,000 (-9.8%) Est. Cost $61.05 Unrealized +119.7%

ARE Alexandria Real Estate Equities Inc 0.4%

Value ($000) $1,226 (-32.7%) Shares 8,450 (-6.6%) Est. Cost $75.72 Unrealized +87.8%

HD HOME DEPOT INC 1.0%

Value ($000) $3,182 (-15.6%) Shares 11,600 (-7.9%) Est. Cost $91.59 Unrealized +193.7%

FFIV F5 INC 0.3%

Value ($000) $1,041 (-36.1%) Shares 6,800 (-12.8%) Est. Cost $124.25 Unrealized +40.0%

VTR Ventas Inc 0.6%

Value ($000) $1,811 (-24.2%) Shares 35,205 (-9.0%) Est. Cost $45.93 Unrealized +6.9%

WPC WP Carey Inc 0.9%

Value ($000) $2,917 (-16.5%) Shares 35,204 (-18.5%) Est. Cost $71.50 Unrealized —

— LAM RESEARCH CORP 0.5%

Value ($000) $1,534 (-26.8%) Shares 3,600 (-7.7%) Est. Cost $292.38 Unrealized —

TROW T ROWE PRICE GROUP INC 0.4%

Value ($000) $1,227 (-31.2%) Shares 10,800 (-8.5%) Est. Cost $131.89 Unrealized -18.7%

WELL Welltower Inc 0.7%

Value ($000) $2,162 (-20.4%) Shares 26,259 (-7.1%) Est. Cost $51.97 Unrealized +56.2%

EMR EMERSON ELECTRIC CO 0.5%

Value ($000) $1,543 (-26.5%) Shares 19,400 (-9.3%) Est. Cost $86.51 Unrealized -5.3%

INVH Invitation Homes Inc 0.5%

Value ($000) $1,639 (-25.2%) Shares 46,065 (-15.6%) Est. Cost $22.52 Unrealized +49.2%

SRE SEMPRA ENERGY 0.6%

Value ($000) $1,728 (-23.9%) Shares 11,500 (-14.8%) Est. Cost $55.46 Unrealized +28.6%

PAYX PAYCHEX INC 0.5%

Value ($000) $1,668 (-24.3%) Shares 14,650 (-9.3%) Est. Cost $44.64 Unrealized +152.8%

TER TERADYNE INC 0.4%

Value ($000) $1,119 (-32.4%) Shares 12,500 (-10.7%) Est. Cost $138.21 Unrealized -25.9%

ELV ELEVANCE HEALTH INC 0.7%

Value ($000) $2,099 (-20.1%) Shares 4,350 (-18.7%) Est. Cost $260.09 Unrealized +80.5%

JNJ JOHNSON and JOHNSON 1.6%

Value ($000) $4,882 (-9.7%) Shares 27,500 (-9.8%) Est. Cost $150.25 Unrealized +6.4%

T ATandT INC 0.7%

Value ($000) $2,243 (-18.9%) Shares 107,000 (-8.5%) Est. Cost $18.28 Unrealized -10.8%

MCO MOODY'S CORP 0.5%

Value ($000) $1,469 (-26.2%) Shares 5,400 (-8.5%) Est. Cost $270.35 Unrealized +7.3%

CUZ Cousins Properties Inc 0.2%

Value ($000) $772 (-39.9%) Shares 26,400 (-17.2%) Est. Cost $35.65 Unrealized —

TSCO TRACTOR SUPPLY COMPANY 0.4%

Value ($000) $1,357 (-27.3%) Shares 7,000 (-12.5%) Est. Cost $12.59 Unrealized +202.7%

LOW LOWE'S COS INC 0.6%

Value ($000) $1,921 (-20.8%) Shares 11,000 (-8.3%) Est. Cost $57.81 Unrealized +210.6%

UNH UNITEDHEALTH GROUP INC 1.6%

Value ($000) $5,085 (-8.5%) Shares 9,900 (-9.2%) Est. Cost $235.68 Unrealized +99.9%

MSI MOTOROLA SOLUTIONS INC 0.5%

Value ($000) $1,467 (-24.3%) Shares 7,000 (-12.5%) Est. Cost $106.81 Unrealized +95.5%

ORLY O'REILLY AUTOMOTIVE INC 0.5%

Value ($000) $1,516 (-23.7%) Shares 2,400 (-17.2%) Est. Cost $18.00 Unrealized +139.0%

MRSH MARSH and MCLENNAN COS 0.6%

Value ($000) $1,972 (-18.5%) Shares 12,700 (-10.6%) Est. Cost $53.37 Unrealized +184.3%

GWW WW GRAINGER INC 0.4%

Value ($000) $1,318 (-24.9%) Shares 2,900 (-14.7%) Est. Cost $239.90 Unrealized +95.7%

SHW SHERWIN-WILLIAMS CO/THE 0.5%

Value ($000) $1,422 (-22.5%) Shares 6,350 (-13.6%) Est. Cost $222.26 Unrealized +11.7%

FCPT Four Corners Property Trust Inc 0.1%

Value ($000) $346 (-54.3%) Shares 13,000 (-53.6%) Est. Cost $27.42 Unrealized —

AFL AFLAC INC 0.5%

Value ($000) $1,522 (-21.2%) Shares 27,500 (-8.3%) Est. Cost $50.98 Unrealized +6.7%

KLAC KLA CORP 0.5%

Value ($000) $1,532 (-21.0%) Shares 4,800 (-9.4%) Est. Cost $318.72 Unrealized +1.6%

IRT Independence Realty Trust Inc 0.1%

Value ($000) $415 (-49.4%) Shares 20,000 (-35.5%) Est. Cost $15.20 Unrealized —

ADP AUTOMATIC DATA PROCESSING 0.7%

Value ($000) $2,100 (-16.1%) Shares 10,000 (-9.1%) Est. Cost $111.59 Unrealized +81.5%

MMM 3M CO 0.5%

Value ($000) $1,669 (-19.3%) Shares 12,900 (-7.2%) Est. Cost $97.08 Unrealized +8.4%

MAA Mid-America Apartment Communities Inc 0.5%

Value ($000) $1,476 (-21.3%) Shares 8,450 (-5.6%) Est. Cost $77.14 Unrealized +110.0%

BRX Brixmor Property Group Inc 0.3%

Value ($000) $1,045 (-27.3%) Shares 51,711 (-7.2%) Est. Cost $24.08 Unrealized —

FDS FACTSET RESEARCH SYSTEMS INC 0.4%

Value ($000) $1,346 (-22.5%) Shares 3,500 (-12.5%) Est. Cost $431.08 Unrealized -12.4%

ODFL OLD DOMINION FREIGHT LINE 0.5%

Value ($000) $1,410 (-21.3%) Shares 5,500 (-8.3%) Est. Cost $135.74 Unrealized -5.3%

WM WASTE MANAGEMENT INC 0.6%

Value ($000) $1,759 (-17.8%) Shares 11,500 (-14.8%) Est. Cost $74.75 Unrealized +97.9%

MCD MCDONALD'S CORP 0.8%

Value ($000) $2,568 (-12.7%) Shares 10,400 (-12.6%) Est. Cost $153.09 Unrealized +47.9%

A AGILENT TECHNOLOGIES INC 0.5%

Value ($000) $1,485 (-19.9%) Shares 12,500 (-10.7%) Est. Cost $157.06 Unrealized -23.7%

NHI National Health Investors Inc 0.2%

Value ($000) $612 (-37.6%) Shares 10,100 (-39.2%) Est. Cost $64.58 Unrealized —

ZTS ZOETIS INC 0.6%

Value ($000) $1,822 (-16.7%) Shares 10,600 (-8.6%) Est. Cost $74.07 Unrealized +125.1%

ALL ALLSTATE CORP 0.5%

Value ($000) $1,660 (-17.9%) Shares 13,100 (-10.3%) Est. Cost $59.71 Unrealized +101.0%

BDX BECTON DICKINSON AND CO 0.6%

Value ($000) $1,849 (-16.3%) Shares 7,500 (-9.6%) Est. Cost $225.45 Unrealized +5.8%

CDW CDW CORP/DE 0.4%

Value ($000) $1,327 (-21.3%) Shares 8,425 (-10.6%) Est. Cost $84.58 Unrealized +89.8%

PEP PEPSICO INC 0.9%

Value ($000) $2,950 (-10.5%) Shares 17,700 (-10.2%) Est. Cost $84.91 Unrealized +76.4%

ATO ATMOS ENERGY CORP 0.5%

Value ($000) $1,513 (-18.3%) Shares 13,500 (-12.9%) Est. Cost $80.94 Unrealized +29.4%

PEG PUBLIC SERVICE ENTERPRISE GP 0.5%

Value ($000) $1,538 (-18.0%) Shares 24,300 (-9.3%) Est. Cost $48.00 Unrealized +25.1%

SEE SEALED AIR CORP 0.4%

Value ($000) $1,270 (-21.0%) Shares 22,000 (-8.3%) Est. Cost $53.30 Unrealized +9.6%

SEIC SEI INVESTMENTS COMPANY 0.4%

Value ($000) $1,351 (-19.9%) Shares 25,000 (-10.7%) Est. Cost $47.53 Unrealized +12.4%

— Healthcare Trust of America Inc 0.2%

Value ($000) $544 (-38.0%) Shares 19,500 (-30.4%) Est. Cost $25.55 Unrealized —

D DOMINION ENERGY INC 0.6%

Value ($000) $1,836 (-15.3%) Shares 23,000 (-9.8%) Est. Cost $49.24 Unrealized +40.8%

HST Host Hotels and Resorts Inc 0.3%

Value ($000) $978 (-25.2%) Shares 62,343 (-7.4%) Est. Cost $13.01 Unrealized +21.3%

VZ VERIZON COMMUNICATIONS INC 0.9%

Value ($000) $2,867 (-10.0%) Shares 56,500 (-9.6%) Est. Cost $39.00 Unrealized +2.8%

HUM HUMANA INC 0.6%

Value ($000) $1,872 (-14.0%) Shares 4,000 (-20.0%) Est. Cost $270.65 Unrealized +58.4%

DLR Digital Realty Trust Inc 0.8%

Value ($000) $2,525 (-10.7%) Shares 19,447 (-2.5%) Est. Cost $77.48 Unrealized +56.2%

YUM YUM! BRANDS INC 0.5%

Value ($000) $1,453 (-17.2%) Shares 12,800 (-13.5%) Est. Cost $67.10 Unrealized +61.5%

NDSN NORDSON CORP 0.4%

Value ($000) $1,316 (-17.2%) Shares 6,500 (-7.1%) Est. Cost $219.45 Unrealized -7.0%

GNL Global Net Lease Inc 0.2%

Value ($000) $772 (-26.2%) Shares 54,492 (-18.0%) Est. Cost $18.18 Unrealized —

O Realty Income Corp 1.2%

Value ($000) $3,833 (-6.5%) Shares 56,154 (-5.1%) Est. Cost $53.62 Unrealized +5.4%

— Physicians Realty Trust 0.2%

Value ($000) $489 (-35.1%) Shares 28,000 (-34.9%) Est. Cost $15.78 Unrealized —

AVY AVERY DENNISON CORP 0.4%

Value ($000) $1,198 (-18.0%) Shares 7,400 (-11.9%) Est. Cost $65.04 Unrealized +146.1%

KDP KEURIG DR PEPPER INC 0.5%

Value ($000) $1,486 (-14.7%) Shares 42,000 (-8.7%) Est. Cost $28.61 Unrealized +14.9%

EA ELECTRONIC ARTS INC 0.5%

Value ($000) $1,484 (-14.4%) Shares 12,200 (-10.9%) Est. Cost $135.15 Unrealized -7.5%

ES EVERSOURCE ENERGY 0.5%

Value ($000) $1,520 (-13.8%) Shares 18,000 (-10.0%) Est. Cost $72.85 Unrealized +4.8%

CDP Corporate Office Properties Trust 0.1%

Value ($000) $458 (-34.5%) Shares 17,500 (-28.6%) Est. Cost $26.31 Unrealized —

HSY HERSHEY CO/THE 0.5%

Value ($000) $1,700 (-11.8%) Shares 7,900 (-11.2%) Est. Cost $79.68 Unrealized +149.4%

CMI CUMMINS INC 0.5%

Value ($000) $1,413 (-13.9%) Shares 7,300 (-8.8%) Est. Cost $221.90 Unrealized -17.5%

AMGN AMGEN INC 0.8%

Value ($000) $2,506 (-8.3%) Shares 10,300 (-8.8%) Est. Cost $160.30 Unrealized +36.4%

AMH American Homes 4 Rent 0.3%

Value ($000) $957 (-19.0%) Shares 27,000 (-8.5%) Est. Cost $23.34 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.9%

Value ($000) $2,772 (-7.4%) Shares 36,000 (-12.2%) Est. Cost $45.19 Unrealized +43.8%

WAT WATERS CORP 0.5%

Value ($000) $1,423 (-13.5%) Shares 4,300 (-18.9%) Est. Cost $273.06 Unrealized +16.2%

PPL PPL CORP 0.4%

Value ($000) $1,403 (-13.3%) Shares 51,700 (-8.8%) Est. Cost $24.05 Unrealized +5.2%

SJM JM SMUCKER CO/THE 0.4%

Value ($000) $1,370 (-13.5%) Shares 10,700 (-8.5%) Est. Cost $109.78 Unrealized +7.3%

MDLZ MONDELEZ INTERNATIONAL INC-A 0.6%

Value ($000) $1,925 (-9.8%) Shares 31,000 (-8.8%) Est. Cost $44.88 Unrealized +27.6%

— CITRIX SYSTEMS INC 0.4%

Value ($000) $1,341 (-13.1%) Shares 13,800 (-9.8%) Est. Cost $110.34 Unrealized —

MCK MCKESSON CORP 0.6%

Value ($000) $1,957 (-8.7%) Shares 6,000 (-14.3%) Est. Cost $140.41 Unrealized +123.7%

ED CONSOLIDATED EDISON INC 0.6%

Value ($000) $1,807 (-9.1%) Shares 19,000 (-9.5%) Est. Cost $59.14 Unrealized +42.1%

OPITQ Office Properties Income Trust 0.0%

Value ($000) $154 (-52.9%) Shares 7,714 (-39.3%) Est. Cost $27.61 Unrealized —

KW KENNEDY-WILSON HOLDINGS INC 0.1%

Value ($000) $161 (-51.1%) Shares 8,509 (-37.0%) Est. Cost $18.83 Unrealized +14.1%

BAH BOOZ ALLEN HAMILTON HOLDINGS 0.5%

Value ($000) $1,717 (-6.9%) Shares 19,000 (-9.5%) Est. Cost $76.41 Unrealized +3.9%

SKT Tanger Factory Outlet Centers Inc 0.1%

Value ($000) $192 (-39.6%) Shares 13,500 (-27.0%) Est. Cost $32.90 Unrealized —

GLPI Gaming and Leisure Properties Inc 0.4%

Value ($000) $1,260 (-8.9%) Shares 27,471 (-6.8%) Est. Cost $43.64 Unrealized —

PM PHILIP MORRIS INTERNATIONAL 0.8%

Value ($000) $2,419 (-4.6%) Shares 24,500 (-9.3%) Est. Cost $66.81 Unrealized +27.8%

AZO AUTOZONE INC 0.6%

Value ($000) $1,870 (-5.7%) Shares 870 (-10.3%) Est. Cost $767.21 Unrealized +168.1%

GILD GILEAD SCIENCES INC 0.6%

Value ($000) $1,836 (-5.6%) Shares 29,700 (-9.2%) Est. Cost $58.80 Unrealized -8.0%

VRTX VERTEX PHARMACEUTICALS INC 0.7%

Value ($000) $2,113 (-4.7%) Shares 7,500 (-11.8%) Est. Cost $194.45 Unrealized +37.6%

MRK MERCK and CO. INC. 1.0%

Value ($000) $3,145 (-3.0%) Shares 34,500 (-12.7%) Est. Cost $62.52 Unrealized +26.7%

CL COLGATE-PALMOLIVE CO 0.6%

Value ($000) $1,795 (-4.9%) Shares 22,400 (-10.0%) Est. Cost $59.48 Unrealized +20.8%

CPB CAMPBELL SOUP CO 0.5%

Value ($000) $1,490 (-4.5%) Shares 31,000 (-11.4%) Est. Cost $40.97 Unrealized +1.7%

KMB KIMBERLY-CLARK CORP 0.5%

Value ($000) $1,635 (-2.4%) Shares 12,100 (-11.0%) Est. Cost $92.91 Unrealized +23.5%

DG DOLLAR GENERAL CORP 0.7%

Value ($000) $2,037 (-1.6%) Shares 8,300 (-10.8%) Est. Cost $78.96 Unrealized +177.4%

— American Campus Communities Inc 0.2%

Value ($000) $664 (-3.5%) Shares 10,300 (-16.3%) Est. Cost $35.94 Unrealized —

GIS GENERAL MILLS INC 0.6%

Value ($000) $1,811 (+0.9%) Shares 24,000 (-9.4%) Est. Cost $42.82 Unrealized +44.4%

— KELLOGG CO 0.5%

Value ($000) $1,605 (-0.4%) Shares 22,500 (-10.0%) Est. Cost $50.03 Unrealized +14.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	94,280 (-7.8%)	$12,890 (-27.8%)	4.1%	$88.60	+67.8%	COMMON STOCK	037833100
MSFT	MICROSOFT CORP	41,390 (-5.7%)	$10,630 (-21.4%)	3.4%	$50.24	+424.3%	COMMON STOCK	594918104
PLD	Prologis Inc	52,672 (-1.9%)	$6,197 (-28.5%)	2.0%	$50.12	+146.1%	COMMON STOCK	74340W103
GOOGL	ALPHABET INC-CL A	2,750 (-8.3%)	$5,993 (-28.2%)	1.9%	$135.05	-13.5%	COMMON STOCK	02079K305
META	Meta Platforms Inc	22,000 (-8.3%)	$3,548 (-33.5%)	1.1%	$192.40	-0.4%	COMMON STOCK	30303M102
GOOG	ALPHABET INC-CL C	2,180 (-5.2%)	$4,769 (-25.8%)	1.5%	$136.84	-14.3%	COMMON STOCK	02079K107
BRK/B	BERKSHIRE HATHAWAY INC-CL B	14,100 (-9.0%)	$3,850 (-29.6%)	1.2%	$242.84	+29.2%	COMMON STOCK	084670702
—	AON PLC-CLASS A	34,600 (-6.7%)	$4,265 (-24.7%)	1.4%	$131.25	—	COMMON STOCK	000000000
CSCO	CISCO SYSTEMS INC	56,500 (-8.1%)	$2,409 (-29.7%)	0.8%	$36.34	+17.8%	COMMON STOCK	17275R102
COST	COSTCO WHOLESALE CORP	6,000 (-9.1%)	$2,876 (-24.3%)	0.9%	$488.10	-0.7%	COMMON STOCK	22160K105
UNP	UNION PACIFIC CORP	10,500 (-8.7%)	$2,239 (-28.7%)	0.7%	$195.24	+6.9%	COMMON STOCK	907818108
V	VISA INC-CLASS A SHARES	17,800 (-10.1%)	$3,505 (-20.2%)	1.1%	$77.14	+160.7%	COMMON STOCK	92826C839
WMT	WALMART INC	21,300 (-8.6%)	$2,590 (-25.4%)	0.8%	$45.47	-3.2%	COMMON STOCK	931142103
IRM	Iron Mountain Inc	25,500 (-32.9%)	$1,242 (-41.0%)	0.4%	$22.98	+99.2%	COMMON STOCK	46284V101
BX	BLACKSTONE INC	16,500 (-8.3%)	$1,505 (-34.1%)	0.5%	$100.33	-4.2%	COMMON STOCK	09260D107
SPGI	SandP GLOBAL INC	4,700 (-17.5%)	$1,584 (-32.2%)	0.5%	$96.34	+258.7%	COMMON STOCK	78409V104
AVB	AvalonBay Communities Inc	10,802 (-4.4%)	$2,098 (-25.3%)	0.7%	$130.25	+45.7%	COMMON STOCK	053484101
UPS	UNITED PARCEL SERVICE-CL B	12,000 (-11.1%)	$2,190 (-24.4%)	0.7%	$162.74	-5.8%	COMMON STOCK	911312106
TXN	TEXAS INSTRUMENTS INC	14,400 (-9.4%)	$2,213 (-24.1%)	0.7%	$45.45	+232.2%	COMMON STOCK	882508104
CSX	CSX CORP	58,000 (-7.9%)	$1,685 (-28.6%)	0.5%	$33.29	-7.0%	COMMON STOCK	126408103
EQR	Equity Residential	24,853 (-9.1%)	$1,795 (-27.0%)	0.6%	$51.51	+32.3%	COMMON STOCK	29476L107
—	BLACKROCK INC	2,800 (-9.7%)	$1,705 (-28.0%)	0.5%	$506.42	—	COMMON STOCK	09247X101
REGN	REGENERON PHARMACEUTICALS	2,800 (-15.2%)	$1,655 (-28.2%)	0.5%	$617.39	+4.7%	COMMON STOCK	75886F107
ESS	Essex Property Trust Inc	5,200 (-10.3%)	$1,360 (-32.1%)	0.4%	$197.66	+32.8%	COMMON STOCK	297178105
MO	ALTRIA GROUP INC	41,000 (-8.9%)	$1,713 (-27.1%)	0.5%	$30.41	+26.4%	COMMON STOCK	02209S103
EBAY	EBAY INC	29,000 (-9.4%)	$1,208 (-34.1%)	0.4%	$33.39	+36.0%	COMMON STOCK	278642103
PG	PROCTER and GAMBLE CO/THE	26,500 (-8.6%)	$3,810 (-14.0%)	1.2%	$115.68	+18.7%	COMMON STOCK	742718109
ABBV	ABBVIE INC	23,000 (-9.8%)	$3,523 (-14.8%)	1.1%	$61.05	+119.7%	COMMON STOCK	00287Y109
ARE	Alexandria Real Estate Equities Inc	8,450 (-6.6%)	$1,226 (-32.7%)	0.4%	$75.72	+87.8%	COMMON STOCK	015271109
HD	HOME DEPOT INC	11,600 (-7.9%)	$3,182 (-15.6%)	1.0%	$91.59	+193.7%	COMMON STOCK	437076102
FFIV	F5 INC	6,800 (-12.8%)	$1,041 (-36.1%)	0.3%	$124.25	+40.0%	COMMON STOCK	315616102
VTR	Ventas Inc	35,205 (-9.0%)	$1,811 (-24.2%)	0.6%	$45.93	+6.9%	COMMON STOCK	92276F100
WPC	WP Carey Inc	35,204 (-18.5%)	$2,917 (-16.5%)	0.9%	$71.50	—	COMMON STOCK	92936U109
—	LAM RESEARCH CORP	3,600 (-7.7%)	$1,534 (-26.8%)	0.5%	$292.38	—	COMMON STOCK	512807108
TROW	T ROWE PRICE GROUP INC	10,800 (-8.5%)	$1,227 (-31.2%)	0.4%	$131.89	-18.7%	COMMON STOCK	74144T108
WELL	Welltower Inc	26,259 (-7.1%)	$2,162 (-20.4%)	0.7%	$51.97	+56.2%	COMMON STOCK	95040Q104
EMR	EMERSON ELECTRIC CO	19,400 (-9.3%)	$1,543 (-26.5%)	0.5%	$86.51	-5.3%	COMMON STOCK	291011104
INVH	Invitation Homes Inc	46,065 (-15.6%)	$1,639 (-25.2%)	0.5%	$22.52	+49.2%	COMMON STOCK	46187W107
SRE	SEMPRA ENERGY	11,500 (-14.8%)	$1,728 (-23.9%)	0.6%	$55.46	+28.6%	COMMON STOCK	816851109
PAYX	PAYCHEX INC	14,650 (-9.3%)	$1,668 (-24.3%)	0.5%	$44.64	+152.8%	COMMON STOCK	704326107
TER	TERADYNE INC	12,500 (-10.7%)	$1,119 (-32.4%)	0.4%	$138.21	-25.9%	COMMON STOCK	880770102
ELV	ELEVANCE HEALTH INC	4,350 (-18.7%)	$2,099 (-20.1%)	0.7%	$260.09	+80.5%	COMMON STOCK	036752103
JNJ	JOHNSON and JOHNSON	27,500 (-9.8%)	$4,882 (-9.7%)	1.6%	$150.25	+6.4%	COMMON STOCK	478160104
T	ATandT INC	107,000 (-8.5%)	$2,243 (-18.9%)	0.7%	$18.28	-10.8%	COMMON STOCK	00206R102
MCO	MOODY'S CORP	5,400 (-8.5%)	$1,469 (-26.2%)	0.5%	$270.35	+7.3%	COMMON STOCK	615369105
CUZ	Cousins Properties Inc	26,400 (-17.2%)	$772 (-39.9%)	0.2%	$35.65	—	COMMON STOCK	222795502
TSCO	TRACTOR SUPPLY COMPANY	7,000 (-12.5%)	$1,357 (-27.3%)	0.4%	$12.59	+202.7%	COMMON STOCK	892356106
LOW	LOWE'S COS INC	11,000 (-8.3%)	$1,921 (-20.8%)	0.6%	$57.81	+210.6%	COMMON STOCK	548661107
UNH	UNITEDHEALTH GROUP INC	9,900 (-9.2%)	$5,085 (-8.5%)	1.6%	$235.68	+99.9%	COMMON STOCK	91324P102
MSI	MOTOROLA SOLUTIONS INC	7,000 (-12.5%)	$1,467 (-24.3%)	0.5%	$106.81	+95.5%	COMMON STOCK	620076307
ORLY	O'REILLY AUTOMOTIVE INC	2,400 (-17.2%)	$1,516 (-23.7%)	0.5%	$18.00	+139.0%	COMMON STOCK	67103H107
MRSH	MARSH and MCLENNAN COS	12,700 (-10.6%)	$1,972 (-18.5%)	0.6%	$53.37	+184.3%	COMMON STOCK	571748102
GWW	WW GRAINGER INC	2,900 (-14.7%)	$1,318 (-24.9%)	0.4%	$239.90	+95.7%	COMMON STOCK	384802104
SHW	SHERWIN-WILLIAMS CO/THE	6,350 (-13.6%)	$1,422 (-22.5%)	0.5%	$222.26	+11.7%	COMMON STOCK	824348106
FCPT	Four Corners Property Trust Inc	13,000 (-53.6%)	$346 (-54.3%)	0.1%	$27.42	—	COMMON STOCK	35086T109
AFL	AFLAC INC	27,500 (-8.3%)	$1,522 (-21.2%)	0.5%	$50.98	+6.7%	COMMON STOCK	001055102
KLAC	KLA CORP	4,800 (-9.4%)	$1,532 (-21.0%)	0.5%	$318.72	+1.6%	COMMON STOCK	482480100
IRT	Independence Realty Trust Inc	20,000 (-35.5%)	$415 (-49.4%)	0.1%	$15.20	—	COMMON STOCK	45378A106
ADP	AUTOMATIC DATA PROCESSING	10,000 (-9.1%)	$2,100 (-16.1%)	0.7%	$111.59	+81.5%	COMMON STOCK	053015103
MMM	3M CO	12,900 (-7.2%)	$1,669 (-19.3%)	0.5%	$97.08	+8.4%	COMMON STOCK	88579Y101
MAA	Mid-America Apartment Communities Inc	8,450 (-5.6%)	$1,476 (-21.3%)	0.5%	$77.14	+110.0%	COMMON STOCK	59522J103
BRX	Brixmor Property Group Inc	51,711 (-7.2%)	$1,045 (-27.3%)	0.3%	$24.08	—	COMMON STOCK	11120U105
FDS	FACTSET RESEARCH SYSTEMS INC	3,500 (-12.5%)	$1,346 (-22.5%)	0.4%	$431.08	-12.4%	COMMON STOCK	303075105
ODFL	OLD DOMINION FREIGHT LINE	5,500 (-8.3%)	$1,410 (-21.3%)	0.5%	$135.74	-5.3%	COMMON STOCK	679580100
WM	WASTE MANAGEMENT INC	11,500 (-14.8%)	$1,759 (-17.8%)	0.6%	$74.75	+97.9%	COMMON STOCK	94106L109
MCD	MCDONALD'S CORP	10,400 (-12.6%)	$2,568 (-12.7%)	0.8%	$153.09	+47.9%	COMMON STOCK	580135101
A	AGILENT TECHNOLOGIES INC	12,500 (-10.7%)	$1,485 (-19.9%)	0.5%	$157.06	-23.7%	COMMON STOCK	00846U101
NHI	National Health Investors Inc	10,100 (-39.2%)	$612 (-37.6%)	0.2%	$64.58	—	COMMON STOCK	63633D104
ZTS	ZOETIS INC	10,600 (-8.6%)	$1,822 (-16.7%)	0.6%	$74.07	+125.1%	COMMON STOCK	98978V103
ALL	ALLSTATE CORP	13,100 (-10.3%)	$1,660 (-17.9%)	0.5%	$59.71	+101.0%	COMMON STOCK	020002101
BDX	BECTON DICKINSON AND CO	7,500 (-9.6%)	$1,849 (-16.3%)	0.6%	$225.45	+5.8%	COMMON STOCK	075887109
CDW	CDW CORP/DE	8,425 (-10.6%)	$1,327 (-21.3%)	0.4%	$84.58	+89.8%	COMMON STOCK	12514G108
PEP	PEPSICO INC	17,700 (-10.2%)	$2,950 (-10.5%)	0.9%	$84.91	+76.4%	COMMON STOCK	713448108
ATO	ATMOS ENERGY CORP	13,500 (-12.9%)	$1,513 (-18.3%)	0.5%	$80.94	+29.4%	COMMON STOCK	049560105
PEG	PUBLIC SERVICE ENTERPRISE GP	24,300 (-9.3%)	$1,538 (-18.0%)	0.5%	$48.00	+25.1%	COMMON STOCK	744573106
SEE	SEALED AIR CORP	22,000 (-8.3%)	$1,270 (-21.0%)	0.4%	$53.30	+9.6%	COMMON STOCK	81211K100
SEIC	SEI INVESTMENTS COMPANY	25,000 (-10.7%)	$1,351 (-19.9%)	0.4%	$47.53	+12.4%	COMMON STOCK	784117103
—	Healthcare Trust of America Inc	19,500 (-30.4%)	$544 (-38.0%)	0.2%	$25.55	—	COMMON STOCK	42225P501
D	DOMINION ENERGY INC	23,000 (-9.8%)	$1,836 (-15.3%)	0.6%	$49.24	+40.8%	COMMON STOCK	25746U109
HST	Host Hotels and Resorts Inc	62,343 (-7.4%)	$978 (-25.2%)	0.3%	$13.01	+21.3%	COMMON STOCK	44107P104
VZ	VERIZON COMMUNICATIONS INC	56,500 (-9.6%)	$2,867 (-10.0%)	0.9%	$39.00	+2.8%	COMMON STOCK	92343V104
HUM	HUMANA INC	4,000 (-20.0%)	$1,872 (-14.0%)	0.6%	$270.65	+58.4%	COMMON STOCK	444859102
DLR	Digital Realty Trust Inc	19,447 (-2.5%)	$2,525 (-10.7%)	0.8%	$77.48	+56.2%	COMMON STOCK	253868103
YUM	YUM! BRANDS INC	12,800 (-13.5%)	$1,453 (-17.2%)	0.5%	$67.10	+61.5%	COMMON STOCK	988498101
NDSN	NORDSON CORP	6,500 (-7.1%)	$1,316 (-17.2%)	0.4%	$219.45	-7.0%	COMMON STOCK	655663102
GNL	Global Net Lease Inc	54,492 (-18.0%)	$772 (-26.2%)	0.2%	$18.18	—	COMMON STOCK	379378201
O	Realty Income Corp	56,154 (-5.1%)	$3,833 (-6.5%)	1.2%	$53.62	+5.4%	COMMON STOCK	756109104
—	Physicians Realty Trust	28,000 (-34.9%)	$489 (-35.1%)	0.2%	$15.78	—	COMMON STOCK	71943U104
AVY	AVERY DENNISON CORP	7,400 (-11.9%)	$1,198 (-18.0%)	0.4%	$65.04	+146.1%	COMMON STOCK	053611109
KDP	KEURIG DR PEPPER INC	42,000 (-8.7%)	$1,486 (-14.7%)	0.5%	$28.61	+14.9%	COMMON STOCK	49271V100
EA	ELECTRONIC ARTS INC	12,200 (-10.9%)	$1,484 (-14.4%)	0.5%	$135.15	-7.5%	COMMON STOCK	285512109
ES	EVERSOURCE ENERGY	18,000 (-10.0%)	$1,520 (-13.8%)	0.5%	$72.85	+4.8%	COMMON STOCK	30040W108
CDP	Corporate Office Properties Trust	17,500 (-28.6%)	$458 (-34.5%)	0.1%	$26.31	—	COMMON STOCK	22002T108
HSY	HERSHEY CO/THE	7,900 (-11.2%)	$1,700 (-11.8%)	0.5%	$79.68	+149.4%	COMMON STOCK	427866108
CMI	CUMMINS INC	7,300 (-8.8%)	$1,413 (-13.9%)	0.5%	$221.90	-17.5%	COMMON STOCK	231021106
AMGN	AMGEN INC	10,300 (-8.8%)	$2,506 (-8.3%)	0.8%	$160.30	+36.4%	COMMON STOCK	031162100
AMH	American Homes 4 Rent	27,000 (-8.5%)	$957 (-19.0%)	0.3%	$23.34	—	COMMON STOCK	02665T306
BMY	BRISTOL-MYERS SQUIBB CO	36,000 (-12.2%)	$2,772 (-7.4%)	0.9%	$45.19	+43.8%	COMMON STOCK	110122108
WAT	WATERS CORP	4,300 (-18.9%)	$1,423 (-13.5%)	0.5%	$273.06	+16.2%	COMMON STOCK	941848103
PPL	PPL CORP	51,700 (-8.8%)	$1,403 (-13.3%)	0.4%	$24.05	+5.2%	COMMON STOCK	69351T106
SJM	JM SMUCKER CO/THE	10,700 (-8.5%)	$1,370 (-13.5%)	0.4%	$109.78	+7.3%	COMMON STOCK	832696405
MDLZ	MONDELEZ INTERNATIONAL INC-A	31,000 (-8.8%)	$1,925 (-9.8%)	0.6%	$44.88	+27.6%	COMMON STOCK	609207105
—	CITRIX SYSTEMS INC	13,800 (-9.8%)	$1,341 (-13.1%)	0.4%	$110.34	—	COMMON STOCK	177376100
MCK	MCKESSON CORP	6,000 (-14.3%)	$1,957 (-8.7%)	0.6%	$140.41	+123.7%	COMMON STOCK	58155Q103
ED	CONSOLIDATED EDISON INC	19,000 (-9.5%)	$1,807 (-9.1%)	0.6%	$59.14	+42.1%	COMMON STOCK	209115104
OPITQ	Office Properties Income Trust	7,714 (-39.3%)	$154 (-52.9%)	0.0%	$27.61	—	COMMON STOCK	67623C109
KW	KENNEDY-WILSON HOLDINGS INC	8,509 (-37.0%)	$161 (-51.1%)	0.1%	$18.83	+14.1%	COMMON STOCK	489398107
BAH	BOOZ ALLEN HAMILTON HOLDINGS	19,000 (-9.5%)	$1,717 (-6.9%)	0.5%	$76.41	+3.9%	COMMON STOCK	099502106
SKT	Tanger Factory Outlet Centers Inc	13,500 (-27.0%)	$192 (-39.6%)	0.1%	$32.90	—	COMMON STOCK	875465106
GLPI	Gaming and Leisure Properties Inc	27,471 (-6.8%)	$1,260 (-8.9%)	0.4%	$43.64	—	COMMON STOCK	36467J108
PM	PHILIP MORRIS INTERNATIONAL	24,500 (-9.3%)	$2,419 (-4.6%)	0.8%	$66.81	+27.8%	COMMON STOCK	718172109
AZO	AUTOZONE INC	870 (-10.3%)	$1,870 (-5.7%)	0.6%	$767.21	+168.1%	COMMON STOCK	053332102
GILD	GILEAD SCIENCES INC	29,700 (-9.2%)	$1,836 (-5.6%)	0.6%	$58.80	-8.0%	COMMON STOCK	375558103
VRTX	VERTEX PHARMACEUTICALS INC	7,500 (-11.8%)	$2,113 (-4.7%)	0.7%	$194.45	+37.6%	COMMON STOCK	92532F100
MRK	MERCK and CO. INC.	34,500 (-12.7%)	$3,145 (-3.0%)	1.0%	$62.52	+26.7%	COMMON STOCK	58933Y105
CL	COLGATE-PALMOLIVE CO	22,400 (-10.0%)	$1,795 (-4.9%)	0.6%	$59.48	+20.8%	COMMON STOCK	194162103
CPB	CAMPBELL SOUP CO	31,000 (-11.4%)	$1,490 (-4.5%)	0.5%	$40.97	+1.7%	COMMON STOCK	134429109
KMB	KIMBERLY-CLARK CORP	12,100 (-11.0%)	$1,635 (-2.4%)	0.5%	$92.91	+23.5%	COMMON STOCK	494368103
DG	DOLLAR GENERAL CORP	8,300 (-10.8%)	$2,037 (-1.6%)	0.7%	$78.96	+177.4%	COMMON STOCK	256677105
—	American Campus Communities Inc	10,300 (-16.3%)	$664 (-3.5%)	0.2%	$35.94	—	COMMON STOCK	024835100
GIS	GENERAL MILLS INC	24,000 (-9.4%)	$1,811 (+0.9%)	0.6%	$42.82	+44.4%	COMMON STOCK	370334104
—	KELLOGG CO	22,500 (-10.0%)	$1,605 (-0.4%)	0.5%	$50.03	+14.6%	COMMON STOCK	487836108

Unchanged Positions (69)

SPG Simon Property Group Inc 0.7%

Value ($000) $2,165 Shares 22,806 Est. Cost $104.69 Unrealized -10.9%

PSA Public Storage 1.0%

Value ($000) $3,225 Shares 10,313 Est. Cost $162.15 Unrealized +78.2%

AMAT APPLIED MATERIALS INC 0.6%

Value ($000) $1,729 Shares 19,000 Est. Cost $105.71 Unrealized +0.4%

TGT TARGET CORP 0.5%

Value ($000) $1,539 Shares 10,900 Est. Cost $69.09 Unrealized +146.3%

RHI ROBERT HALF INTL INC 0.3%

Value ($000) $1,078 Shares 14,400 Est. Cost $54.47 Unrealized +74.1%

ILPT Industrial Logistics Properties Trust 0.3%

Value ($000) $853 Shares 60,572 Est. Cost $20.95 Unrealized —

CTSH COGNIZANT TECH SOLUTIONS-A 0.5%

Value ($000) $1,485 Shares 22,000 Est. Cost $58.14 Unrealized +24.0%

MPT Medical Properties Trust Inc 0.4%

Value ($000) $1,267 Shares 83,000 Est. Cost $16.16 Unrealized —

SWKS SKYWORKS SOLUTIONS INC 0.4%

Value ($000) $1,112 Shares 12,000 Est. Cost $161.83 Unrealized -40.2%

QCOM QUALCOMM INC 0.7%

Value ($000) $2,299 Shares 18,000 Est. Cost $128.84 Unrealized -3.0%

BBY BEST BUY CO INC 0.4%

Value ($000) $1,128 Shares 17,300 Est. Cost $41.09 Unrealized +69.9%

— LXP Industrial Trust 0.3%

Value ($000) $913 Shares 85,000 Est. Cost $9.95 Unrealized —

PLYM Plymouth Industrial REIT Inc 0.2%

Value ($000) $763 Shares 43,527 Est. Cost $17.84 Unrealized —

— Hudson Pacific Properties Inc 0.1%

Value ($000) $445 Shares 30,000 Est. Cost $31.81 Unrealized —

AMP AMERIPRISE FINANCIAL INC 0.5%

Value ($000) $1,450 Shares 6,100 Est. Cost $114.03 Unrealized +122.7%

STAG STAG Industrial Inc 0.3%

Value ($000) $1,067 Shares 34,563 Est. Cost $23.30 Unrealized —

NTAP NETAPP INC 0.4%

Value ($000) $1,272 Shares 19,500 Est. Cost $81.51 Unrealized -19.3%

BDN Brandywine Realty Trust 0.2%

Value ($000) $689 Shares 71,500 Est. Cost $14.11 Unrealized —

— Life Storage Inc 0.4%

Value ($000) $1,217 Shares 10,900 Est. Cost $89.37 Unrealized —

BAX BAXTER INTERNATIONAL INC 0.5%

Value ($000) $1,413 Shares 22,000 Est. Cost $69.24 Unrealized -4.1%

UDR UDR Inc 0.4%

Value ($000) $1,192 Shares 25,888 Est. Cost $28.80 Unrealized +51.2%

LII LENNOX INTERNATIONAL INC 0.4%

Value ($000) $1,157 Shares 5,600 Est. Cost $188.46 Unrealized +11.1%

MTD METTLER-TOLEDO INTERNATIONAL 0.5%

Value ($000) $1,436 Shares 1,250 Est. Cost $334.16 Unrealized +276.0%

CPT Camden Property Trust 0.4%

Value ($000) $1,174 Shares 8,731 Est. Cost $59.74 Unrealized +116.2%

SLG SL Green Realty Corp 0.1%

Value ($000) $365 Shares 7,902 Est. Cost $81.12 Unrealized —

CUBE CubeSmart 0.4%

Value ($000) $1,239 Shares 29,000 Est. Cost $28.49 Unrealized —

ITW ILLINOIS TOOL WORKS 0.5%

Value ($000) $1,658 Shares 9,100 Est. Cost $71.05 Unrealized +157.5%

— Spirit Realty Capital Inc 0.3%

Value ($000) $1,073 Shares 28,400 Est. Cost $35.08 Unrealized —

BXP Boston Properties Inc 0.2%

Value ($000) $517 Shares 5,814 Est. Cost $87.74 Unrealized +2.2%

— Annaly Capital Management Inc 0.4%

Value ($000) $1,212 Shares 205,000 Est. Cost $7.82 Unrealized —

— Apartment Income REIT Corp 0.2%

Value ($000) $776 Shares 18,657 Est. Cost $42.76 Unrealized —

AGNC AGNC Investment Corp 0.4%

Value ($000) $1,151 Shares 104,000 Est. Cost $17.33 Unrealized —

DHC Diversified Healthcare Trust 0.1%

Value ($000) $260 Shares 143,100 Est. Cost $6.31 Unrealized —

AOS SMITH (A.O.) CORP 0.4%

Value ($000) $1,148 Shares 21,000 Est. Cost $55.77 Unrealized +0.7%

VNO Vornado Realty Trust 0.1%

Value ($000) $321 Shares 11,237 Est. Cost $69.17 Unrealized —

HIW Highwoods Properties Inc 0.2%

Value ($000) $544 Shares 15,898 Est. Cost $41.54 Unrealized —

UMH UMH Properties Inc 0.1%

Value ($000) $434 Shares 24,564 Est. Cost $13.27 Unrealized —

IIPR Innovative Industrial Properties Inc 0.1%

Value ($000) $187 Shares 1,704 Est. Cost $84.73 Unrealized —

KRC Kilroy Realty Corp 0.1%

Value ($000) $340 Shares 6,500 Est. Cost $70.25 Unrealized —

— DigitalBridge Group Inc 0.1%

Value ($000) $289 Shares 59,286 Est. Cost $7.89 Unrealized —

OHI Omega Healthcare Investors Inc 0.4%

Value ($000) $1,232 Shares 43,700 Est. Cost $34.38 Unrealized —

CSR Centerspace 0.2%

Value ($000) $572 Shares 7,019 Est. Cost $78.94 Unrealized —

KRG Kite Realty Group Trust 0.1%

Value ($000) $361 Shares 20,900 Est. Cost $23.61 Unrealized —

— Global Medical REIT Inc 0.1%

Value ($000) $238 Shares 21,200 Est. Cost $13.19 Unrealized —

DEI Douglas Emmett Inc 0.1%

Value ($000) $201 Shares 9,000 Est. Cost $36.53 Unrealized —

RLJ RLJ Lodging Trust 0.1%

Value ($000) $318 Shares 28,800 Est. Cost $29.23 Unrealized —

ESRT Empire State Realty Trust Inc 0.1%

Value ($000) $204 Shares 29,000 Est. Cost $16.20 Unrealized —

EXC EXELON CORP 0.5%

Value ($000) $1,564 Shares 34,500 Est. Cost $25.77 Unrealized +60.0%

SVC Service Properties Trust 0.0%

Value ($000) $106 Shares 20,266 Est. Cost $8.83 Unrealized —

— Duke Realty Corp 0.4%

Value ($000) $1,248 Shares 22,707 Est. Cost $25.56 Unrealized —

SBRA Sabra Health Care REIT Inc 0.3%

Value ($000) $948 Shares 67,874 Est. Cost $19.57 Unrealized —

MAC Macerich Co/The 0.0%

Value ($000) $76 Shares 8,692 Est. Cost $78.02 Unrealized —

EPRT Essential Properties Realty Trust Inc 0.1%

Value ($000) $322 Shares 15,000 Est. Cost $13.80 Unrealized —

PK Park Hotels and Resorts Inc 0.0%

Value ($000) $124 Shares 9,106 Est. Cost $25.92 Unrealized —

PEB Pebblebrook Hotel Trust 0.0%

Value ($000) $105 Shares 6,355 Est. Cost $28.32 Unrealized —

KIM Kimco Realty Corp 0.1%

Value ($000) $204 Shares 10,295 Est. Cost $15.89 Unrealized +21.7%

INN Summit Hotel Properties Inc 0.0%

Value ($000) $136 Shares 18,700 Est. Cost $13.19 Unrealized —

EPR EPR Properties 0.1%

Value ($000) $296 Shares 6,300 Est. Cost $53.85 Unrealized —

— Urstadt Biddle Properties Inc 0.1%

Value ($000) $275 Shares 17,000 Est. Cost $21.31 Unrealized —

APLE Apple Hospitality REIT Inc 0.1%

Value ($000) $191 Shares 13,000 Est. Cost $14.23 Unrealized —

CLDT Chatham Lodging Trust 0.0%

Value ($000) $94 Shares 9,000 Est. Cost $19.14 Unrealized —

AIV Apartment Investment and Management Co 0.1%

Value ($000) $176 Shares 27,557 Est. Cost $6.13 Unrealized —

AHRT Armada Hoffler Properties Inc 0.1%

Value ($000) $168 Shares 13,101 Est. Cost $13.77 Unrealized —

EGP EastGroup Properties Inc 0.0%

Value ($000) $65 Shares 422 Est. Cost $57.33 Unrealized —

MAS MASCO CORP 0.4%

Value ($000) $1,300 Shares 25,700 Est. Cost $33.61 Unrealized +46.8%

— Healthcare Realty Trust Inc 0.2%

Value ($000) $505 Shares 18,582 Est. Cost $29.80 Unrealized —

— Hersha Hospitality Trust 0.0%

Value ($000) $78 Shares 8,000 Est. Cost $21.50 Unrealized —

— NEW YORK REIT INC liquidation shs 0.0%

Value ($000) $0 Shares 2,200 Est. Cost — Unrealized —

— Retail Value Inc 0.0%

Value ($000) $0 Shares 108 Est. Cost $31.28 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group Inc	22,806	$2,165	0.7%	$104.69	-10.9%	COMMON STOCK	828806109
PSA	Public Storage	10,313	$3,225	1.0%	$162.15	+78.2%	COMMON STOCK	74460D109
AMAT	APPLIED MATERIALS INC	19,000	$1,729	0.6%	$105.71	+0.4%	COMMON STOCK	038222105
TGT	TARGET CORP	10,900	$1,539	0.5%	$69.09	+146.3%	COMMON STOCK	87612E106
RHI	ROBERT HALF INTL INC	14,400	$1,078	0.3%	$54.47	+74.1%	COMMON STOCK	770323103
ILPT	Industrial Logistics Properties Trust	60,572	$853	0.3%	$20.95	—	COMMON STOCK	456237106
CTSH	COGNIZANT TECH SOLUTIONS-A	22,000	$1,485	0.5%	$58.14	+24.0%	COMMON STOCK	192446102
MPT	Medical Properties Trust Inc	83,000	$1,267	0.4%	$16.16	—	COMMON STOCK	58463J304
SWKS	SKYWORKS SOLUTIONS INC	12,000	$1,112	0.4%	$161.83	-40.2%	COMMON STOCK	83088M102
QCOM	QUALCOMM INC	18,000	$2,299	0.7%	$128.84	-3.0%	COMMON STOCK	747525103
BBY	BEST BUY CO INC	17,300	$1,128	0.4%	$41.09	+69.9%	COMMON STOCK	086516101
—	LXP Industrial Trust	85,000	$913	0.3%	$9.95	—	COMMON STOCK	529043101
PLYM	Plymouth Industrial REIT Inc	43,527	$763	0.2%	$17.84	—	COMMON STOCK	729640102
—	Hudson Pacific Properties Inc	30,000	$445	0.1%	$31.81	—	COMMON STOCK	444097109
AMP	AMERIPRISE FINANCIAL INC	6,100	$1,450	0.5%	$114.03	+122.7%	COMMON STOCK	03076C106
STAG	STAG Industrial Inc	34,563	$1,067	0.3%	$23.30	—	COMMON STOCK	85254J102
NTAP	NETAPP INC	19,500	$1,272	0.4%	$81.51	-19.3%	COMMON STOCK	64110D104
BDN	Brandywine Realty Trust	71,500	$689	0.2%	$14.11	—	COMMON STOCK	105368203
—	Life Storage Inc	10,900	$1,217	0.4%	$89.37	—	COMMON STOCK	53223X107
BAX	BAXTER INTERNATIONAL INC	22,000	$1,413	0.5%	$69.24	-4.1%	COMMON STOCK	071813109
UDR	UDR Inc	25,888	$1,192	0.4%	$28.80	+51.2%	COMMON STOCK	902653104
LII	LENNOX INTERNATIONAL INC	5,600	$1,157	0.4%	$188.46	+11.1%	COMMON STOCK	526107107
MTD	METTLER-TOLEDO INTERNATIONAL	1,250	$1,436	0.5%	$334.16	+276.0%	COMMON STOCK	592688105
CPT	Camden Property Trust	8,731	$1,174	0.4%	$59.74	+116.2%	COMMON STOCK	133131102
SLG	SL Green Realty Corp	7,902	$365	0.1%	$81.12	—	COMMON STOCK	78440X887
CUBE	CubeSmart	29,000	$1,239	0.4%	$28.49	—	COMMON STOCK	229663109
ITW	ILLINOIS TOOL WORKS	9,100	$1,658	0.5%	$71.05	+157.5%	COMMON STOCK	452308109
—	Spirit Realty Capital Inc	28,400	$1,073	0.3%	$35.08	—	COMMON STOCK	84860W300
BXP	Boston Properties Inc	5,814	$517	0.2%	$87.74	+2.2%	COMMON STOCK	101121101
—	Annaly Capital Management Inc	205,000	$1,212	0.4%	$7.82	—	COMMON STOCK	035710409
—	Apartment Income REIT Corp	18,657	$776	0.2%	$42.76	—	COMMON STOCK	03750L109
AGNC	AGNC Investment Corp	104,000	$1,151	0.4%	$17.33	—	COMMON STOCK	00123Q104
DHC	Diversified Healthcare Trust	143,100	$260	0.1%	$6.31	—	COMMON STOCK	25525P107
AOS	SMITH (A.O.) CORP	21,000	$1,148	0.4%	$55.77	+0.7%	COMMON STOCK	831865209
VNO	Vornado Realty Trust	11,237	$321	0.1%	$69.17	—	COMMON STOCK	929042109
HIW	Highwoods Properties Inc	15,898	$544	0.2%	$41.54	—	COMMON STOCK	431284108
UMH	UMH Properties Inc	24,564	$434	0.1%	$13.27	—	COMMON STOCK	903002103
IIPR	Innovative Industrial Properties Inc	1,704	$187	0.1%	$84.73	—	COMMON STOCK	45781V101
KRC	Kilroy Realty Corp	6,500	$340	0.1%	$70.25	—	COMMON STOCK	49427F108
—	DigitalBridge Group Inc	59,286	$289	0.1%	$7.89	—	COMMON STOCK	25401T108
OHI	Omega Healthcare Investors Inc	43,700	$1,232	0.4%	$34.38	—	COMMON STOCK	681936100
CSR	Centerspace	7,019	$572	0.2%	$78.94	—	COMMON STOCK	15202L107
KRG	Kite Realty Group Trust	20,900	$361	0.1%	$23.61	—	COMMON STOCK	49803T300
—	Global Medical REIT Inc	21,200	$238	0.1%	$13.19	—	COMMON STOCK	37954A204
DEI	Douglas Emmett Inc	9,000	$201	0.1%	$36.53	—	COMMON STOCK	25960P109
RLJ	RLJ Lodging Trust	28,800	$318	0.1%	$29.23	—	COMMON STOCK	74965L101
ESRT	Empire State Realty Trust Inc	29,000	$204	0.1%	$16.20	—	COMMON STOCK	292104106
EXC	EXELON CORP	34,500	$1,564	0.5%	$25.77	+60.0%	COMMON STOCK	30161N101
SVC	Service Properties Trust	20,266	$106	0.0%	$8.83	—	COMMON STOCK	81761L102
—	Duke Realty Corp	22,707	$1,248	0.4%	$25.56	—	COMMON STOCK	264411505
SBRA	Sabra Health Care REIT Inc	67,874	$948	0.3%	$19.57	—	COMMON STOCK	78573L106
MAC	Macerich Co/The	8,692	$76	0.0%	$78.02	—	COMMON STOCK	554382101
EPRT	Essential Properties Realty Trust Inc	15,000	$322	0.1%	$13.80	—	COMMON STOCK	29670E107
PK	Park Hotels and Resorts Inc	9,106	$124	0.0%	$25.92	—	COMMON STOCK	700517105
PEB	Pebblebrook Hotel Trust	6,355	$105	0.0%	$28.32	—	COMMON STOCK	70509V100
KIM	Kimco Realty Corp	10,295	$204	0.1%	$15.89	+21.7%	COMMON STOCK	49446R109
INN	Summit Hotel Properties Inc	18,700	$136	0.0%	$13.19	—	COMMON STOCK	866082100
EPR	EPR Properties	6,300	$296	0.1%	$53.85	—	COMMON STOCK	26884U109
—	Urstadt Biddle Properties Inc	17,000	$275	0.1%	$21.31	—	COMMON STOCK	917286205
APLE	Apple Hospitality REIT Inc	13,000	$191	0.1%	$14.23	—	COMMON STOCK	03784Y200
CLDT	Chatham Lodging Trust	9,000	$94	0.0%	$19.14	—	COMMON STOCK	16208T102
AIV	Apartment Investment and Management Co	27,557	$176	0.1%	$6.13	—	COMMON STOCK	03748R747
AHRT	Armada Hoffler Properties Inc	13,101	$168	0.1%	$13.77	—	COMMON STOCK	04208T108
EGP	EastGroup Properties Inc	422	$65	0.0%	$57.33	—	COMMON STOCK	277276101
MAS	MASCO CORP	25,700	$1,300	0.4%	$33.61	+46.8%	COMMON STOCK	574599106
—	Healthcare Realty Trust Inc	18,582	$505	0.2%	$29.80	—	COMMON STOCK	421946104
—	Hersha Hospitality Trust	8,000	$78	0.0%	$21.50	—	COMMON STOCK	427825500
—	NEW YORK REIT INC liquidation shs	2,200	$0	0.0%	—	—	COMMON STOCK	64976L208
—	Retail Value Inc	108	$0	0.0%	$31.28	—	COMMON STOCK	76133Q102