Pensionfund Sabic Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ABT	ABBOTT LABORATORIES	25,000	$3	0.7%	$113.33	0.0%	COMMON STOCK	002824100
ADBE	ADOBE INC	6,000	$3	0.7%	$495.13	0.0%	COMMON STOCK	00724F101
BLK	BLACKROCK INC	2,400	$2	0.6%	$991.05	0.0%	COMMON STOCK	09290D101
WSM	WILLIAMS-SONOMA INC	8,500	$2	0.4%	$156.19	0.0%	COMMON STOCK	969904101
DKS	DICK'S SPORTING GOODS INC	6,600	$2	0.4%	$204.10	0.0%	COMMON STOCK	253393102
VRSK	VERISK ANALYTICS INC	5,200	$1	0.4%	$276.10	0.0%	COMMON STOCK	92345Y106
RPM	RPM INTERNATIONAL INC	11,000	$1	0.4%	$131.90	0.0%	COMMON STOCK	749685103
VRSN	VERISIGN INC	6,500	$1	0.4%	$186.70	0.0%	COMMON STOCK	92343E102
EXPD	EXPEDITORS INTL WASH INC	12,000	$1	0.3%	$117.40	0.0%	COMMON STOCK	302130109
JKHY	JACK HENRY and ASSOCIATES INC	7,500	$1	0.3%	$175.97	0.0%	COMMON STOCK	426281101
CSL	CARLISLE COS INC	3,500	$1	0.3%	$429.23	0.0%	COMMON STOCK	142339100
DPZ	DOMINO'S PIZZA INC	2,800	$1	0.3%	$428.97	0.0%	COMMON STOCK	25754A201
LAMR	Lamar Advertising Co	4,200	$1	0.1%	$0.12	—	COMMON STOCK	512816109
CURB	CURBLINE PROPERTIES CORP	10,000	$0	0.1%	$0.02	—	COMMON STOCK	23128Q101

Increased Positions (115)

JPM JPMORGAN CHASE and CO 1.7%

Value ($000) $6 (+186.9%) Shares 26,500 (+152.4%) Est. Cost $208.54 Unrealized +9.3%

META META PLATFORMS INC-CLASS A 2.4%

Value ($000) $9 (+44.1%) Shares 15,500 (+40.9%) Est. Cost $484.30 Unrealized +20.7%

V VISA INC-CLASS A SHARES 1.4%

Value ($000) $5 (+64.5%) Shares 16,600 (+43.1%) Est. Cost $143.76 Unrealized +107.5%

WMT WALMART INC 1.2%

Value ($000) $5 (+59.9%) Shares 50,000 (+42.9%) Est. Cost $62.11 Unrealized +38.1%

COST COSTCO WHOLESALE CORP 1.2%

Value ($000) $4 (+60.0%) Shares 4,800 (+54.8%) Est. Cost $642.00 Unrealized +43.7%

MA MASTERCARD INC - A 1.2%

Value ($000) $5 (+50.0%) Shares 9,000 (+40.6%) Est. Cost $430.44 Unrealized +19.6%

PG PROCTER and GAMBLE CO/THE 1.2%

Value ($000) $4 (+46.8%) Shares 26,400 (+51.7%) Est. Cost $132.74 Unrealized +24.9%

HD HOME DEPOT INC 1.1%

Value ($000) $4 (+45.3%) Shares 11,200 (+51.4%) Est. Cost $195.30 Unrealized +103.4%

BKNG BOOKING HOLDINGS INC 0.7%

Value ($000) $3 (+62.2%) Shares 550 (+37.5%) Est. Cost $3466.00 Unrealized +37.5%

UNH UNITEDHEALTH GROUP INC 1.2%

Value ($000) $5 (+28.4%) Shares 9,350 (+48.4%) Est. Cost $339.15 Unrealized +63.0%

CSCO CISCO SYSTEMS INC 0.9%

Value ($000) $3 (+45.3%) Shares 55,500 (+30.6%) Est. Cost $40.80 Unrealized +35.7%

JNJ JOHNSON and JOHNSON 1.0%

Value ($000) $4 (+33.1%) Shares 27,300 (+49.2%) Est. Cost $150.03 Unrealized -0.3%

MRK MERCK and CO. INC. 0.8%

Value ($000) $3 (+38.9%) Shares 32,500 (+58.5%) Est. Cost $75.88 Unrealized +30.1%

MCK MCKESSON CORP 0.5%

Value ($000) $2 (+71.8%) Shares 3,650 (+49.0%) Est. Cost $429.69 Unrealized +29.7%

IBM INTL BUSINESS MACHINES CORP 0.8%

Value ($000) $3 (+39.2%) Shares 14,000 (+40.0%) Est. Cost $144.40 Unrealized +49.8%

UNP UNION PACIFIC CORP 0.6%

Value ($000) $2 (+49.4%) Shares 10,500 (+61.5%) Est. Cost $208.57 Unrealized +10.4%

PEP PEPSICO INC 0.8%

Value ($000) $3 (+35.9%) Shares 19,000 (+52.0%) Est. Cost $109.42 Unrealized +43.1%

GDDY GODADDY INC - CLASS A 0.4%

Value ($000) $2 (+78.3%) Shares 8,500 (+41.7%) Est. Cost $161.66 Unrealized +13.0%

GILD GILEAD SCIENCES INC 0.6%

Value ($000) $2 (+44.9%) Shares 25,000 (+31.6%) Est. Cost $65.57 Unrealized +32.7%

LRCX LAM RESEARCH CORP 0.5%

Value ($000) $2 (+54.8%) Shares 28,000 (+1650.0%) Est. Cost $75.59 Unrealized -0.8%

BMY BRISTOL-MYERS SQUIBB CO 0.6%

Value ($000) $2 (+45.2%) Shares 40,500 (+32.8%) Est. Cost $47.10 Unrealized +11.6%

— RETAIL VALUE INC liquidated 0.8%

Value ($000) $3 (+29.4%) Shares 54,208 (+41.9%) Est. Cost $45.06 Unrealized —

AZO AUTOZONE INC 0.5%

Value ($000) $2 (+53.7%) Shares 590 (+51.3%) Est. Cost $1580.45 Unrealized +100.3%

ABBV ABBVIE INC 0.9%

Value ($000) $3 (+23.2%) Shares 19,300 (+36.9%) Est. Cost $92.40 Unrealized +92.0%

T ATandT INC 0.7%

Value ($000) $3 (+32.7%) Shares 113,500 (+28.2%) Est. Cost $18.64 Unrealized +15.4%

ADP AUTOMATIC DATA PROCESSING 0.6%

Value ($000) $2 (+37.0%) Shares 7,900 (+29.5%) Est. Cost $237.05 Unrealized +21.5%

MKL MARKEL GROUP INC 0.4%

Value ($000) $2 (+60.8%) Shares 950 (+46.2%) Est. Cost $1358.82 Unrealized +22.1%

KMI KINDER MORGAN INC 0.5%

Value ($000) $2 (+43.1%) Shares 75,000 (+15.4%) Est. Cost $16.54 Unrealized +50.4%

A AGILENT TECHNOLOGIES INC 0.4%

Value ($000) $1 (+72.7%) Shares 10,500 (+90.9%) Est. Cost $146.98 Unrealized -7.5%

LOW LOWE'S COS INC 0.6%

Value ($000) $2 (+32.5%) Shares 9,600 (+45.5%) Est. Cost $121.47 Unrealized +115.3%

VZ VERIZON COMMUNICATIONS INC 0.7%

Value ($000) $3 (+28.2%) Shares 65,500 (+44.0%) Est. Cost $38.66 Unrealized +1.9%

CAH CARDINAL HEALTH INC 0.4%

Value ($000) $2 (+51.9%) Shares 14,200 (+42.0%) Est. Cost $106.03 Unrealized +8.3%

QCOM QUALCOMM INC 0.7%

Value ($000) $3 (+28.0%) Shares 17,000 (+41.7%) Est. Cost $137.86 Unrealized +15.7%

MRSH MARSH and MCLENNAN COS 0.6%

Value ($000) $2 (+36.0%) Shares 10,000 (+42.9%) Est. Cost $102.69 Unrealized +112.1%

AMP AMERIPRISE FINANCIAL INC 0.5%

Value ($000) $2 (+39.8%) Shares 3,700 (+23.3%) Est. Cost $192.05 Unrealized +174.1%

O Realty Income Corp 1.5%

Value ($000) $6 (-8.8%) Shares 104,738 (+8.3%) Est. Cost $51.51 Unrealized +5.8%

PFE PFIZER INC 0.6%

Value ($000) $2 (+29.9%) Shares 85,000 (+41.7%) Est. Cost $28.64 Unrealized -12.3%

ORLY O'REILLY AUTOMOTIVE INC 0.5%

Value ($000) $2 (+37.3%) Shares 1,600 (+33.3%) Est. Cost $33.66 Unrealized +139.5%

SRE SEMPRA ENERGY 0.5%

Value ($000) $2 (+36.8%) Shares 21,400 (+30.5%) Est. Cost $66.48 Unrealized +26.8%

KEYS KEYSIGHT TECHNOLOGIES IN 0.3%

Value ($000) $1 (+62.9%) Shares 7,900 (+61.2%) Est. Cost $166.95 Unrealized -3.5%

EA ELECTRONIC ARTS INC 0.4%

Value ($000) $2 (+39.4%) Shares 11,200 (+36.6%) Est. Cost $139.95 Unrealized +9.4%

ITW ILLINOIS TOOL WORKS 0.5%

Value ($000) $2 (+32.6%) Shares 7,400 (+37.0%) Est. Cost $121.40 Unrealized +112.0%

SEIC SEI INVESTMENTS COMPANY 0.4%

Value ($000) $2 (+41.6%) Shares 19,000 (+18.8%) Est. Cost $52.19 Unrealized +47.7%

CTSH COGNIZANT TECH SOLUTIONS-A 0.5%

Value ($000) $2 (+35.9%) Shares 22,500 (+36.4%) Est. Cost $63.13 Unrealized +21.7%

IT GARTNER INC 0.3%

Value ($000) $1 (+64.0%) Shares 2,400 (+71.4%) Est. Cost $418.29 Unrealized +23.3%

COR CENCORA INC 0.4%

Value ($000) $2 (+38.3%) Shares 7,200 (+38.5%) Est. Cost $175.59 Unrealized +32.8%

CMI CUMMINS INC 0.4%

Value ($000) $2 (+36.7%) Shares 4,700 (+27.0%) Est. Cost $247.76 Unrealized +38.6%

CDNS CADENCE DESIGN SYS INC 0.4%

Value ($000) $2 (+35.5%) Shares 5,500 (+22.2%) Est. Cost $183.65 Unrealized +58.3%

AFG AMERICAN FINANCIAL GROUP INC 0.4%

Value ($000) $2 (+39.8%) Shares 11,000 (+37.5%) Est. Cost $105.44 Unrealized +19.5%

KMB KIMBERLY-CLARK CORP 0.4%

Value ($000) $2 (+33.9%) Shares 12,800 (+45.5%) Est. Cost $104.54 Unrealized +24.5%

YUM YUM! BRANDS INC 0.4%

Value ($000) $2 (+35.0%) Shares 12,100 (+40.7%) Est. Cost $85.95 Unrealized +53.9%

ZTS ZOETIS INC 0.5%

Value ($000) $2 (+29.7%) Shares 11,200 (+55.6%) Est. Cost $110.60 Unrealized +59.4%

GPC GENUINE PARTS CO 0.4%

Value ($000) $1 (+40.8%) Shares 12,300 (+68.5%) Est. Cost $133.54 Unrealized -10.0%

MSI MOTOROLA SOLUTIONS INC 0.5%

Value ($000) $2 (+26.3%) Shares 4,300 (+22.9%) Est. Cost $174.09 Unrealized +169.1%

MET METLIFE INC 0.4%

Value ($000) $2 (+31.4%) Shares 20,500 (+32.3%) Est. Cost $68.43 Unrealized +17.9%

HSY HERSHEY CO/THE 0.4%

Value ($000) $1 (+37.4%) Shares 8,400 (+55.6%) Est. Cost $120.49 Unrealized +43.5%

KR KROGER CO 0.4%

Value ($000) $2 (+33.4%) Shares 25,000 (+25.0%) Est. Cost $46.73 Unrealized +22.7%

PAYX PAYCHEX INC 0.4%

Value ($000) $2 (+29.2%) Shares 12,050 (+23.6%) Est. Cost $62.33 Unrealized +120.3%

KDP KEURIG DR PEPPER INC 0.4%

Value ($000) $2 (+31.3%) Shares 49,000 (+53.1%) Est. Cost $31.37 Unrealized +3.8%

CL COLGATE-PALMOLIVE CO 0.5%

Value ($000) $2 (+25.9%) Shares 19,700 (+43.8%) Est. Cost $69.71 Unrealized +33.5%

CPAY CORPAY INC 0.4%

Value ($000) $2 (+31.1%) Shares 4,600 (+21.1%) Est. Cost $298.16 Unrealized +17.9%

FAST FASTENAL CO 0.4%

Value ($000) $2 (+31.2%) Shares 21,500 (+30.3%) Est. Cost $26.67 Unrealized +43.0%

SNA SNAP-ON INC 0.4%

Value ($000) $1 (+32.2%) Shares 4,400 (+12.8%) Est. Cost $221.67 Unrealized +47.7%

DOV DOVER CORP 0.4%

Value ($000) $1 (+34.7%) Shares 7,300 (+37.7%) Est. Cost $141.67 Unrealized +36.3%

SHW SHERWIN-WILLIAMS CO/THE 0.5%

Value ($000) $2 (+22.5%) Shares 5,500 (+37.5%) Est. Cost $351.65 Unrealized +5.1%

GWW WW GRAINGER INC 0.4%

Value ($000) $2 (+25.8%) Shares 1,550 (+24.0%) Est. Cost $409.47 Unrealized +172.5%

TRV TRAVELERS COS INC/THE 0.4%

Value ($000) $2 (+24.6%) Shares 6,900 (+21.1%) Est. Cost $182.46 Unrealized +34.2%

HPQ HP INC 0.4%

Value ($000) $1 (+28.5%) Shares 44,500 (+41.3%) Est. Cost $29.78 Unrealized +14.8%

TSCO TRACTOR SUPPLY COMPANY 0.4%

Value ($000) $2 (+26.7%) Shares 28,500 (+595.1%) Est. Cost $49.27 Unrealized +12.5%

D DOMINION ENERGY INC 0.4%

Value ($000) $2 (+25.0%) Shares 29,500 (+34.1%) Est. Cost $50.15 Unrealized +7.8%

LII LENNOX INTERNATIONAL INC 0.4%

Value ($000) $1 (+27.4%) Shares 2,400 (+26.3%) Est. Cost $277.97 Unrealized +122.4%

AMGN AMGEN INC 0.6%

Value ($000) $2 (+17.0%) Shares 8,100 (+44.6%) Est. Cost $199.11 Unrealized +43.7%

PHM PULTEGROUP INC 0.3%

Value ($000) $1 (+30.0%) Shares 12,000 (+71.4%) Est. Cost $126.94 Unrealized +1.3%

DGX QUEST DIAGNOSTICS INC 0.4%

Value ($000) $1 (+27.7%) Shares 9,200 (+31.4%) Est. Cost $130.31 Unrealized +17.1%

AIZ ASSURANT INC 0.4%

Value ($000) $1 (+25.1%) Shares 7,000 (+16.7%) Est. Cost $161.05 Unrealized +26.9%

EVRG EVERGY INC 0.4%

Value ($000) $1 (+25.4%) Shares 24,000 (+26.3%) Est. Cost $53.89 Unrealized +9.7%

HSIC HENRY SCHEIN INC 0.4%

Value ($000) $1 (+27.6%) Shares 19,500 (+34.5%) Est. Cost $73.64 Unrealized -2.5%

SJM JM SMUCKER CO/THE 0.4%

Value ($000) $1 (+27.0%) Shares 12,300 (+39.8%) Est. Cost $109.67 Unrealized +0.3%

ATO ATMOS ENERGY CORP 0.4%

Value ($000) $2 (+22.8%) Shares 11,000 (+22.2%) Est. Cost $91.43 Unrealized +51.6%

MTD METTLER-TOLEDO INTERNATIONAL 0.4%

Value ($000) $1 (+25.1%) Shares 1,150 (+53.3%) Est. Cost $718.19 Unrealized +81.7%

GL GLOBE LIFE INC 0.3%

Value ($000) $1 (+26.8%) Shares 11,800 (+20.4%) Est. Cost $99.19 Unrealized +7.9%

GIS GENERAL MILLS INC 0.4%

Value ($000) $2 (+21.9%) Shares 24,000 (+41.2%) Est. Cost $64.07 Unrealized +0.0%

WRB WR BERKLEY CORP 0.4%

Value ($000) $1 (+24.1%) Shares 23,750 (+20.3%) Est. Cost $46.08 Unrealized +25.6%

DHI DR HORTON INC 0.4%

Value ($000) $1 (+24.7%) Shares 9,700 (+70.2%) Est. Cost $169.78 Unrealized -2.9%

NTAP NETAPP INC 0.4%

Value ($000) $2 (+20.3%) Shares 13,700 (+28.0%) Est. Cost $89.75 Unrealized +32.8%

PEG PUBLIC SERVICE ENTERPRISE GP 0.4%

Value ($000) $2 (+19.6%) Shares 19,200 (+26.3%) Est. Cost $55.77 Unrealized +52.9%

EIX EDISON INTERNATIONAL 0.4%

Value ($000) $2 (+19.8%) Shares 19,200 (+30.6%) Est. Cost $61.91 Unrealized +27.5%

EBAY EBAY INC 0.4%

Value ($000) $2 (+18.7%) Shares 25,200 (+24.8%) Est. Cost $43.62 Unrealized +43.0%

EXC EXELON CORP 0.4%

Value ($000) $2 (+18.5%) Shares 41,500 (+27.7%) Est. Cost $28.87 Unrealized +29.1%

FICO FAIR ISAAC CORP 0.4%

Value ($000) $2 (+17.1%) Shares 800 (+14.3%) Est. Cost $727.41 Unrealized +193.6%

HIG HARTFORD FINANCIAL SVCS GRP 0.4%

Value ($000) $2 (+17.2%) Shares 14,500 (+26.1%) Est. Cost $71.75 Unrealized +58.4%

HOLX HOLOGIC INC 0.4%

Value ($000) $1 (+20.6%) Shares 18,800 (+36.2%) Est. Cost $75.73 Unrealized +3.2%

CPB THE CAMPBELL'S COMPANY 0.3%

Value ($000) $1 (+22.6%) Shares 29,800 (+43.3%) Est. Cost $41.43 Unrealized +4.4%

OTIS OTIS WORLDWIDE CORP 0.4%

Value ($000) $2 (+17.6%) Shares 16,500 (+32.0%) Est. Cost $86.10 Unrealized +14.2%

AMAT APPLIED MATERIALS INC 0.6%

Value ($000) $2 (+11.9%) Shares 13,200 (+38.9%) Est. Cost $151.27 Unrealized +18.4%

KHC KRAFT HEINZ CO/THE 0.4%

Value ($000) $1 (+17.4%) Shares 47,000 (+34.3%) Est. Cost $32.04 Unrealized -4.3%

NVR NVR INC 0.4%

Value ($000) $1 (+16.7%) Shares 175 (+40.0%) Est. Cost $5644.93 Unrealized +61.3%

CPT Camden Property Trust 0.7%

Value ($000) $3 (+8.6%) Shares 22,231 (+15.6%) Est. Cost $88.94 Unrealized +28.7%

ELV ELEVANCE HEALTH INC 0.5%

Value ($000) $2 (+12.8%) Shares 4,850 (+59.0%) Est. Cost $315.45 Unrealized +29.7%

CTAS CINTAS CORP 0.4%

Value ($000) $2 (+14.1%) Shares 9,000 (+28.6%) Est. Cost $171.91 Unrealized +21.2%

AFL AFLAC INC 0.4%

Value ($000) $2 (+13.9%) Shares 16,000 (+23.1%) Est. Cost $61.37 Unrealized +73.4%

VICI VICI Properties Inc 1.2%

Value ($000) $4 (-4.2%) Shares 154,000 (+9.2%) Est. Cost $26.28 Unrealized +12.2%

FE FIRSTENERGY CORP 0.4%

Value ($000) $1 (+15.7%) Shares 35,500 (+29.1%) Est. Cost $35.64 Unrealized +12.1%

CAG CONAGRA BRANDS INC 0.4%

Value ($000) $1 (+16.6%) Shares 48,500 (+36.6%) Est. Cost $28.08 Unrealized -5.8%

KLAC KLA CORP 0.5%

Value ($000) $2 (+10.9%) Shares 3,000 (+36.4%) Est. Cost $553.08 Unrealized +21.0%

BBY BEST BUY CO INC 0.4%

Value ($000) $1 (+15.6%) Shares 16,000 (+39.1%) Est. Cost $53.68 Unrealized +59.9%

ES EVERSOURCE ENERGY 0.4%

Value ($000) $1 (+15.4%) Shares 23,500 (+36.6%) Est. Cost $58.76 Unrealized +0.2%

BAH BOOZ ALLEN HAMILTON HOLDINGS 0.3%

Value ($000) $1 (-12.5%) Shares 8,300 (+10.7%) Est. Cost $83.56 Unrealized +80.2%

MOH MOLINA HEALTHCARE INC 0.3%

Value ($000) $1 (+10.1%) Shares 4,300 (+30.3%) Est. Cost $332.50 Unrealized -7.1%

AOS SMITH (A.O.) CORP 0.3%

Value ($000) $1 (+8.0%) Shares 18,500 (+42.3%) Est. Cost $61.21 Unrealized +21.0%

WPC WP Carey Inc 0.7%

Value ($000) $3 (+3.2%) Shares 52,304 (+18.1%) Est. Cost $44.73 Unrealized —

CLDT Chatham Lodging Trust 0.0%

Value ($000) $0 (+74.0%) Shares 15,000 (+66.7%) Est. Cost $11.49 Unrealized —

HST Host Hotels and Resorts Inc 0.2%

Value ($000) $1 (+5.4%) Shares 53,843 (+5.9%) Est. Cost $14.21 Unrealized +17.3%

MAS MASCO CORP 0.3%

Value ($000) $1 (+3.7%) Shares 18,000 (+20.0%) Est. Cost $41.08 Unrealized +90.9%

CDW CDW CORP/DE 0.3%

Value ($000) $1 (-1.0%) Shares 6,725 (+28.7%) Est. Cost $108.31 Unrealized +76.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE and CO	26,500 (+152.4%)	$6 (+186.9%)	1.7%	$208.54	+9.3%	COMMON STOCK	46625H100
META	META PLATFORMS INC-CLASS A	15,500 (+40.9%)	$9 (+44.1%)	2.4%	$484.30	+20.7%	COMMON STOCK	30303M102
V	VISA INC-CLASS A SHARES	16,600 (+43.1%)	$5 (+64.5%)	1.4%	$143.76	+107.5%	COMMON STOCK	92826C839
WMT	WALMART INC	50,000 (+42.9%)	$5 (+59.9%)	1.2%	$62.11	+38.1%	COMMON STOCK	931142103
COST	COSTCO WHOLESALE CORP	4,800 (+54.8%)	$4 (+60.0%)	1.2%	$642.00	+43.7%	COMMON STOCK	22160K105
MA	MASTERCARD INC - A	9,000 (+40.6%)	$5 (+50.0%)	1.2%	$430.44	+19.6%	COMMON STOCK	57636Q104
PG	PROCTER and GAMBLE CO/THE	26,400 (+51.7%)	$4 (+46.8%)	1.2%	$132.74	+24.9%	COMMON STOCK	742718109
HD	HOME DEPOT INC	11,200 (+51.4%)	$4 (+45.3%)	1.1%	$195.30	+103.4%	COMMON STOCK	437076102
BKNG	BOOKING HOLDINGS INC	550 (+37.5%)	$3 (+62.2%)	0.7%	$3466.00	+37.5%	COMMON STOCK	09857L108
UNH	UNITEDHEALTH GROUP INC	9,350 (+48.4%)	$5 (+28.4%)	1.2%	$339.15	+63.0%	COMMON STOCK	91324P102
CSCO	CISCO SYSTEMS INC	55,500 (+30.6%)	$3 (+45.3%)	0.9%	$40.80	+35.7%	COMMON STOCK	17275R102
JNJ	JOHNSON and JOHNSON	27,300 (+49.2%)	$4 (+33.1%)	1.0%	$150.03	-0.3%	COMMON STOCK	478160104
MRK	MERCK and CO. INC.	32,500 (+58.5%)	$3 (+38.9%)	0.8%	$75.88	+30.1%	COMMON STOCK	58933Y105
MCK	MCKESSON CORP	3,650 (+49.0%)	$2 (+71.8%)	0.5%	$429.69	+29.7%	COMMON STOCK	58155Q103
IBM	INTL BUSINESS MACHINES CORP	14,000 (+40.0%)	$3 (+39.2%)	0.8%	$144.40	+49.8%	COMMON STOCK	459200101
UNP	UNION PACIFIC CORP	10,500 (+61.5%)	$2 (+49.4%)	0.6%	$208.57	+10.4%	COMMON STOCK	907818108
PEP	PEPSICO INC	19,000 (+52.0%)	$3 (+35.9%)	0.8%	$109.42	+43.1%	COMMON STOCK	713448108
GDDY	GODADDY INC - CLASS A	8,500 (+41.7%)	$2 (+78.3%)	0.4%	$161.66	+13.0%	COMMON STOCK	380237107
GILD	GILEAD SCIENCES INC	25,000 (+31.6%)	$2 (+44.9%)	0.6%	$65.57	+32.7%	COMMON STOCK	375558103
LRCX	LAM RESEARCH CORP	28,000 (+1650.0%)	$2 (+54.8%)	0.5%	$75.59	-0.8%	COMMON STOCK	512807306
BMY	BRISTOL-MYERS SQUIBB CO	40,500 (+32.8%)	$2 (+45.2%)	0.6%	$47.10	+11.6%	COMMON STOCK	110122108
—	RETAIL VALUE INC liquidated	54,208 (+41.9%)	$3 (+29.4%)	0.8%	$45.06	—	COMMON STOCK	000000000
AZO	AUTOZONE INC	590 (+51.3%)	$2 (+53.7%)	0.5%	$1580.45	+100.3%	COMMON STOCK	053332102
ABBV	ABBVIE INC	19,300 (+36.9%)	$3 (+23.2%)	0.9%	$92.40	+92.0%	COMMON STOCK	00287Y109
T	ATandT INC	113,500 (+28.2%)	$3 (+32.7%)	0.7%	$18.64	+15.4%	COMMON STOCK	00206R102
ADP	AUTOMATIC DATA PROCESSING	7,900 (+29.5%)	$2 (+37.0%)	0.6%	$237.05	+21.5%	COMMON STOCK	053015103
MKL	MARKEL GROUP INC	950 (+46.2%)	$2 (+60.8%)	0.4%	$1358.82	+22.1%	COMMON STOCK	570535104
KMI	KINDER MORGAN INC	75,000 (+15.4%)	$2 (+43.1%)	0.5%	$16.54	+50.4%	COMMON STOCK	49456B101
A	AGILENT TECHNOLOGIES INC	10,500 (+90.9%)	$1 (+72.7%)	0.4%	$146.98	-7.5%	COMMON STOCK	00846U101
LOW	LOWE'S COS INC	9,600 (+45.5%)	$2 (+32.5%)	0.6%	$121.47	+115.3%	COMMON STOCK	548661107
VZ	VERIZON COMMUNICATIONS INC	65,500 (+44.0%)	$3 (+28.2%)	0.7%	$38.66	+1.9%	COMMON STOCK	92343V104
CAH	CARDINAL HEALTH INC	14,200 (+42.0%)	$2 (+51.9%)	0.4%	$106.03	+8.3%	COMMON STOCK	14149Y108
QCOM	QUALCOMM INC	17,000 (+41.7%)	$3 (+28.0%)	0.7%	$137.86	+15.7%	COMMON STOCK	747525103
MRSH	MARSH and MCLENNAN COS	10,000 (+42.9%)	$2 (+36.0%)	0.6%	$102.69	+112.1%	COMMON STOCK	571748102
AMP	AMERIPRISE FINANCIAL INC	3,700 (+23.3%)	$2 (+39.8%)	0.5%	$192.05	+174.1%	COMMON STOCK	03076C106
O	Realty Income Corp	104,738 (+8.3%)	$6 (-8.8%)	1.5%	$51.51	+5.8%	COMMON STOCK	756109104
PFE	PFIZER INC	85,000 (+41.7%)	$2 (+29.9%)	0.6%	$28.64	-12.3%	COMMON STOCK	717081103
ORLY	O'REILLY AUTOMOTIVE INC	1,600 (+33.3%)	$2 (+37.3%)	0.5%	$33.66	+139.5%	COMMON STOCK	67103H107
SRE	SEMPRA ENERGY	21,400 (+30.5%)	$2 (+36.8%)	0.5%	$66.48	+26.8%	COMMON STOCK	816851109
KEYS	KEYSIGHT TECHNOLOGIES IN	7,900 (+61.2%)	$1 (+62.9%)	0.3%	$166.95	-3.5%	COMMON STOCK	49338L103
EA	ELECTRONIC ARTS INC	11,200 (+36.6%)	$2 (+39.4%)	0.4%	$139.95	+9.4%	COMMON STOCK	285512109
ITW	ILLINOIS TOOL WORKS	7,400 (+37.0%)	$2 (+32.6%)	0.5%	$121.40	+112.0%	COMMON STOCK	452308109
SEIC	SEI INVESTMENTS COMPANY	19,000 (+18.8%)	$2 (+41.6%)	0.4%	$52.19	+47.7%	COMMON STOCK	784117103
CTSH	COGNIZANT TECH SOLUTIONS-A	22,500 (+36.4%)	$2 (+35.9%)	0.5%	$63.13	+21.7%	COMMON STOCK	192446102
IT	GARTNER INC	2,400 (+71.4%)	$1 (+64.0%)	0.3%	$418.29	+23.3%	COMMON STOCK	366651107
COR	CENCORA INC	7,200 (+38.5%)	$2 (+38.3%)	0.4%	$175.59	+32.8%	COMMON STOCK	03073E105
CMI	CUMMINS INC	4,700 (+27.0%)	$2 (+36.7%)	0.4%	$247.76	+38.6%	COMMON STOCK	231021106
CDNS	CADENCE DESIGN SYS INC	5,500 (+22.2%)	$2 (+35.5%)	0.4%	$183.65	+58.3%	COMMON STOCK	127387108
AFG	AMERICAN FINANCIAL GROUP INC	11,000 (+37.5%)	$2 (+39.8%)	0.4%	$105.44	+19.5%	COMMON STOCK	025932104
KMB	KIMBERLY-CLARK CORP	12,800 (+45.5%)	$2 (+33.9%)	0.4%	$104.54	+24.5%	COMMON STOCK	494368103
YUM	YUM! BRANDS INC	12,100 (+40.7%)	$2 (+35.0%)	0.4%	$85.95	+53.9%	COMMON STOCK	988498101
ZTS	ZOETIS INC	11,200 (+55.6%)	$2 (+29.7%)	0.5%	$110.60	+59.4%	COMMON STOCK	98978V103
GPC	GENUINE PARTS CO	12,300 (+68.5%)	$1 (+40.8%)	0.4%	$133.54	-10.0%	COMMON STOCK	372460105
MSI	MOTOROLA SOLUTIONS INC	4,300 (+22.9%)	$2 (+26.3%)	0.5%	$174.09	+169.1%	COMMON STOCK	620076307
MET	METLIFE INC	20,500 (+32.3%)	$2 (+31.4%)	0.4%	$68.43	+17.9%	COMMON STOCK	59156R108
HSY	HERSHEY CO/THE	8,400 (+55.6%)	$1 (+37.4%)	0.4%	$120.49	+43.5%	COMMON STOCK	427866108
KR	KROGER CO	25,000 (+25.0%)	$2 (+33.4%)	0.4%	$46.73	+22.7%	COMMON STOCK	501044101
PAYX	PAYCHEX INC	12,050 (+23.6%)	$2 (+29.2%)	0.4%	$62.33	+120.3%	COMMON STOCK	704326107
KDP	KEURIG DR PEPPER INC	49,000 (+53.1%)	$2 (+31.3%)	0.4%	$31.37	+3.8%	COMMON STOCK	49271V100
CL	COLGATE-PALMOLIVE CO	19,700 (+43.8%)	$2 (+25.9%)	0.5%	$69.71	+33.5%	COMMON STOCK	194162103
CPAY	CORPAY INC	4,600 (+21.1%)	$2 (+31.1%)	0.4%	$298.16	+17.9%	COMMON STOCK	219948106
FAST	FASTENAL CO	21,500 (+30.3%)	$2 (+31.2%)	0.4%	$26.67	+43.0%	COMMON STOCK	311900104
SNA	SNAP-ON INC	4,400 (+12.8%)	$1 (+32.2%)	0.4%	$221.67	+47.7%	COMMON STOCK	833034101
DOV	DOVER CORP	7,300 (+37.7%)	$1 (+34.7%)	0.4%	$141.67	+36.3%	COMMON STOCK	260003108
SHW	SHERWIN-WILLIAMS CO/THE	5,500 (+37.5%)	$2 (+22.5%)	0.5%	$351.65	+5.1%	COMMON STOCK	824348106
GWW	WW GRAINGER INC	1,550 (+24.0%)	$2 (+25.8%)	0.4%	$409.47	+172.5%	COMMON STOCK	384802104
TRV	TRAVELERS COS INC/THE	6,900 (+21.1%)	$2 (+24.6%)	0.4%	$182.46	+34.2%	COMMON STOCK	89417E109
HPQ	HP INC	44,500 (+41.3%)	$1 (+28.5%)	0.4%	$29.78	+14.8%	COMMON STOCK	40434L105
TSCO	TRACTOR SUPPLY COMPANY	28,500 (+595.1%)	$2 (+26.7%)	0.4%	$49.27	+12.5%	COMMON STOCK	892356106
D	DOMINION ENERGY INC	29,500 (+34.1%)	$2 (+25.0%)	0.4%	$50.15	+7.8%	COMMON STOCK	25746U109
LII	LENNOX INTERNATIONAL INC	2,400 (+26.3%)	$1 (+27.4%)	0.4%	$277.97	+122.4%	COMMON STOCK	526107107
AMGN	AMGEN INC	8,100 (+44.6%)	$2 (+17.0%)	0.6%	$199.11	+43.7%	COMMON STOCK	031162100
PHM	PULTEGROUP INC	12,000 (+71.4%)	$1 (+30.0%)	0.3%	$126.94	+1.3%	COMMON STOCK	745867101
DGX	QUEST DIAGNOSTICS INC	9,200 (+31.4%)	$1 (+27.7%)	0.4%	$130.31	+17.1%	COMMON STOCK	74834L100
AIZ	ASSURANT INC	7,000 (+16.7%)	$1 (+25.1%)	0.4%	$161.05	+26.9%	COMMON STOCK	04621X108
EVRG	EVERGY INC	24,000 (+26.3%)	$1 (+25.4%)	0.4%	$53.89	+9.7%	COMMON STOCK	30034W106
HSIC	HENRY SCHEIN INC	19,500 (+34.5%)	$1 (+27.6%)	0.4%	$73.64	-2.5%	COMMON STOCK	806407102
SJM	JM SMUCKER CO/THE	12,300 (+39.8%)	$1 (+27.0%)	0.4%	$109.67	+0.3%	COMMON STOCK	832696405
ATO	ATMOS ENERGY CORP	11,000 (+22.2%)	$2 (+22.8%)	0.4%	$91.43	+51.6%	COMMON STOCK	049560105
MTD	METTLER-TOLEDO INTERNATIONAL	1,150 (+53.3%)	$1 (+25.1%)	0.4%	$718.19	+81.7%	COMMON STOCK	592688105
GL	GLOBE LIFE INC	11,800 (+20.4%)	$1 (+26.8%)	0.3%	$99.19	+7.9%	COMMON STOCK	37959E102
GIS	GENERAL MILLS INC	24,000 (+41.2%)	$2 (+21.9%)	0.4%	$64.07	+0.0%	COMMON STOCK	370334104
WRB	WR BERKLEY CORP	23,750 (+20.3%)	$1 (+24.1%)	0.4%	$46.08	+25.6%	COMMON STOCK	084423102
DHI	DR HORTON INC	9,700 (+70.2%)	$1 (+24.7%)	0.4%	$169.78	-2.9%	COMMON STOCK	23331A109
NTAP	NETAPP INC	13,700 (+28.0%)	$2 (+20.3%)	0.4%	$89.75	+32.8%	COMMON STOCK	64110D104
PEG	PUBLIC SERVICE ENTERPRISE GP	19,200 (+26.3%)	$2 (+19.6%)	0.4%	$55.77	+52.9%	COMMON STOCK	744573106
EIX	EDISON INTERNATIONAL	19,200 (+30.6%)	$2 (+19.8%)	0.4%	$61.91	+27.5%	COMMON STOCK	281020107
EBAY	EBAY INC	25,200 (+24.8%)	$2 (+18.7%)	0.4%	$43.62	+43.0%	COMMON STOCK	278642103
EXC	EXELON CORP	41,500 (+27.7%)	$2 (+18.5%)	0.4%	$28.87	+29.1%	COMMON STOCK	30161N101
FICO	FAIR ISAAC CORP	800 (+14.3%)	$2 (+17.1%)	0.4%	$727.41	+193.6%	COMMON STOCK	303250104
HIG	HARTFORD FINANCIAL SVCS GRP	14,500 (+26.1%)	$2 (+17.2%)	0.4%	$71.75	+58.4%	COMMON STOCK	416515104
HOLX	HOLOGIC INC	18,800 (+36.2%)	$1 (+20.6%)	0.4%	$75.73	+3.2%	COMMON STOCK	436440101
CPB	THE CAMPBELL'S COMPANY	29,800 (+43.3%)	$1 (+22.6%)	0.3%	$41.43	+4.4%	COMMON STOCK	134429109
OTIS	OTIS WORLDWIDE CORP	16,500 (+32.0%)	$2 (+17.6%)	0.4%	$86.10	+14.2%	COMMON STOCK	68902V107
AMAT	APPLIED MATERIALS INC	13,200 (+38.9%)	$2 (+11.9%)	0.6%	$151.27	+18.4%	COMMON STOCK	038222105
KHC	KRAFT HEINZ CO/THE	47,000 (+34.3%)	$1 (+17.4%)	0.4%	$32.04	-4.3%	COMMON STOCK	500754106
NVR	NVR INC	175 (+40.0%)	$1 (+16.7%)	0.4%	$5644.93	+61.3%	COMMON STOCK	62944T105
CPT	Camden Property Trust	22,231 (+15.6%)	$3 (+8.6%)	0.7%	$88.94	+28.7%	COMMON STOCK	133131102
ELV	ELEVANCE HEALTH INC	4,850 (+59.0%)	$2 (+12.8%)	0.5%	$315.45	+29.7%	COMMON STOCK	036752103
CTAS	CINTAS CORP	9,000 (+28.6%)	$2 (+14.1%)	0.4%	$171.91	+21.2%	COMMON STOCK	172908105
AFL	AFLAC INC	16,000 (+23.1%)	$2 (+13.9%)	0.4%	$61.37	+73.4%	COMMON STOCK	001055102
VICI	VICI Properties Inc	154,000 (+9.2%)	$4 (-4.2%)	1.2%	$26.28	+12.2%	COMMON STOCK	925652109
FE	FIRSTENERGY CORP	35,500 (+29.1%)	$1 (+15.7%)	0.4%	$35.64	+12.1%	COMMON STOCK	337932107
CAG	CONAGRA BRANDS INC	48,500 (+36.6%)	$1 (+16.6%)	0.4%	$28.08	-5.8%	COMMON STOCK	205887102
KLAC	KLA CORP	3,000 (+36.4%)	$2 (+10.9%)	0.5%	$553.08	+21.0%	COMMON STOCK	482480100
BBY	BEST BUY CO INC	16,000 (+39.1%)	$1 (+15.6%)	0.4%	$53.68	+59.9%	COMMON STOCK	086516101
ES	EVERSOURCE ENERGY	23,500 (+36.6%)	$1 (+15.4%)	0.4%	$58.76	+0.2%	COMMON STOCK	30040W108
BAH	BOOZ ALLEN HAMILTON HOLDINGS	8,300 (+10.7%)	$1 (-12.5%)	0.3%	$83.56	+80.2%	COMMON STOCK	099502106
MOH	MOLINA HEALTHCARE INC	4,300 (+30.3%)	$1 (+10.1%)	0.3%	$332.50	-7.1%	COMMON STOCK	60855R100
AOS	SMITH (A.O.) CORP	18,500 (+42.3%)	$1 (+8.0%)	0.3%	$61.21	+21.0%	COMMON STOCK	831865209
WPC	WP Carey Inc	52,304 (+18.1%)	$3 (+3.2%)	0.7%	$44.73	—	COMMON STOCK	92936U109
CLDT	Chatham Lodging Trust	15,000 (+66.7%)	$0 (+74.0%)	0.0%	$11.49	—	COMMON STOCK	16208T102
HST	Host Hotels and Resorts Inc	53,843 (+5.9%)	$1 (+5.4%)	0.2%	$14.21	+17.3%	COMMON STOCK	44107P104
MAS	MASCO CORP	18,000 (+20.0%)	$1 (+3.7%)	0.3%	$41.08	+90.9%	COMMON STOCK	574599106
CDW	CDW CORP/DE	6,725 (+28.7%)	$1 (-1.0%)	0.3%	$108.31	+76.3%	COMMON STOCK	12514G108

Exited Positions (1)

RHI ROBERT HALF INC 0.2%

Value ($000) $1 Shares 9,000 Est. Cost $54.47 Unrealized +30.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RHI	ROBERT HALF INC	9,000	$1	0.2%	$54.47	+30.9%	—	770323103

Decreased Positions (10)

AAPL APPLE INC 2.6%

Value ($000) $10 (-36.1%) Shares 40,280 (-40.6%) Est. Cost $88.60 Unrealized +164.7%

MSFT MICROSOFT CORP 2.4%

Value ($000) $9 (-35.1%) Shares 21,590 (-33.8%) Est. Cost $50.24 Unrealized +740.7%

NVDA NVIDIA CORP 1.2%

Value ($000) $4 (-14.8%) Shares 33,500 (-23.0%) Est. Cost $113.50 Unrealized +21.4%

IRM Iron Mountain Inc 0.6%

Value ($000) $2 (-14.2%) Shares 22,300 (-3.0%) Est. Cost $27.72 Unrealized +306.9%

WAT WATERS CORP 0.1%

Value ($000) $0 (-29.2%) Shares 1,100 (-31.3%) Est. Cost $273.06 Unrealized +34.0%

AVGO BROADCOM INC 1.0%

Value ($000) $4 (+3.1%) Shares 16,500 (-23.3%) Est. Cost $153.64 Unrealized +19.0%

GOOGL ALPHABET INC-CL A 1.4%

Value ($000) $5 (+1.9%) Shares 29,000 (-10.8%) Est. Cost $111.31 Unrealized +56.5%

IRT Independence Realty Trust Inc 0.2%

Value ($000) $1 (-12.6%) Shares 32,500 (-9.7%) Est. Cost $5.88 Unrealized —

SPG Simon Property Group Inc 1.1%

Value ($000) $4 (-0.2%) Shares 24,106 (-2.0%) Est. Cost $110.44 Unrealized +50.0%

GOOG ALPHABET INC-CL C 1.3%

Value ($000) $5 (-0.0%) Shares 25,100 (-12.2%) Est. Cost $112.13 Unrealized +56.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	40,280 (-40.6%)	$10 (-36.1%)	2.6%	$88.60	+164.7%	COMMON STOCK	037833100
MSFT	MICROSOFT CORP	21,590 (-33.8%)	$9 (-35.1%)	2.4%	$50.24	+740.7%	COMMON STOCK	594918104
NVDA	NVIDIA CORP	33,500 (-23.0%)	$4 (-14.8%)	1.2%	$113.50	+21.4%	COMMON STOCK	67066G104
IRM	Iron Mountain Inc	22,300 (-3.0%)	$2 (-14.2%)	0.6%	$27.72	+306.9%	COMMON STOCK	46284V101
WAT	WATERS CORP	1,100 (-31.3%)	$0 (-29.2%)	0.1%	$273.06	+34.0%	COMMON STOCK	941848103
AVGO	BROADCOM INC	16,500 (-23.3%)	$4 (+3.1%)	1.0%	$153.64	+19.0%	COMMON STOCK	11135F101
GOOGL	ALPHABET INC-CL A	29,000 (-10.8%)	$5 (+1.9%)	1.4%	$111.31	+56.5%	COMMON STOCK	02079K305
IRT	Independence Realty Trust Inc	32,500 (-9.7%)	$1 (-12.6%)	0.2%	$5.88	—	COMMON STOCK	45378A106
SPG	Simon Property Group Inc	24,106 (-2.0%)	$4 (-0.2%)	1.1%	$110.44	+50.0%	COMMON STOCK	828806109
GOOG	ALPHABET INC-CL C	25,100 (-12.2%)	$5 (-0.0%)	1.3%	$112.13	+56.7%	COMMON STOCK	02079K107

Unchanged Positions (69)

PLD Prologis Inc 1.8%

Value ($000) $7 Shares 64,858 Est. Cost $71.92 Unrealized +53.2%

PSA Public Storage 0.9%

Value ($000) $4 Shares 12,013 Est. Cost $188.90 Unrealized +67.3%

DLR Digital Realty Trust Inc 1.1%

Value ($000) $4 Shares 24,247 Est. Cost $91.25 Unrealized +87.6%

CVS CVS HEALTH CORP 0.2%

Value ($000) $1 Shares 19,000 Est. Cost $87.64 Unrealized -38.8%

CUBE CubeSmart 0.3%

Value ($000) $1 Shares 28,700 Est. Cost $22.75 Unrealized —

IIPR Innovative Industrial Properties Inc 0.1%

Value ($000) $0 Shares 4,404 Est. Cost $51.76 Unrealized —

EQIX Equinix Inc 1.3%

Value ($000) $5 Shares 5,390 Est. Cost $623.91 Unrealized +43.9%

DOC Healthpeak Properties Inc 0.6%

Value ($000) $2 Shares 111,755 Est. Cost $20.04 Unrealized +0.6%

EXR Extra Space Storage Inc 0.4%

Value ($000) $1 Shares 9,055 Est. Cost $124.26 Unrealized +25.0%

SITC SITE Centers Corp 0.0%

Value ($000) $0 Shares 5,000 Est. Cost $0.06 Unrealized —

MPT Medical Properties Trust Inc 0.1%

Value ($000) $0 Shares 113,500 Est. Cost $11.40 Unrealized —

ARE Alexandria Real Estate Equities Inc 0.2%

Value ($000) $1 Shares 9,250 Est. Cost $83.68 Unrealized +21.4%

BNL Broadstone Net Lease Inc 0.3%

Value ($000) $1 Shares 62,000 Est. Cost $0.02 Unrealized —

VTR Ventas Inc 0.6%

Value ($000) $2 Shares 36,205 Est. Cost $45.28 Unrealized +34.0%

NNN National Retail Properties Inc 0.3%

Value ($000) $1 Shares 24,300 Est. Cost $0.04 Unrealized —

PLYM Plymouth Industrial REIT Inc 0.2%

Value ($000) $1 Shares 38,027 Est. Cost $15.82 Unrealized —

STAG STAG Industrial Inc 0.3%

Value ($000) $1 Shares 32,863 Est. Cost $19.27 Unrealized —

— LXP Industrial Trust 0.2%

Value ($000) $1 Shares 86,000 Est. Cost $7.95 Unrealized —

INVH Invitation Homes Inc 0.4%

Value ($000) $1 Shares 46,265 Est. Cost $24.74 Unrealized +28.8%

— Global Medical REIT Inc 0.1%

Value ($000) $0 Shares 60,200 Est. Cost $7.27 Unrealized —

TXN TEXAS INSTRUMENTS INC 0.3%

Value ($000) $1 Shares 6,800 Est. Cost $45.45 Unrealized +325.0%

HUM HUMANA INC 0.1%

Value ($000) $1 Shares 2,000 Est. Cost $270.65 Unrealized -2.6%

ULTA ULTA BEAUTY INC 0.3%

Value ($000) $1 Shares 2,500 Est. Cost $402.75 Unrealized -3.8%

NHI National Health Investors Inc 0.1%

Value ($000) $0 Shares 7,000 Est. Cost $14.48 Unrealized —

OHI Omega Healthcare Investors Inc 0.3%

Value ($000) $1 Shares 34,700 Est. Cost $23.56 Unrealized —

EPRT Essential Properties Realty Trust Inc 0.3%

Value ($000) $1 Shares 34,500 Est. Cost $8.77 Unrealized —

— INTERPUBLIC GROUP OF COS INC 0.2%

Value ($000) $1 Shares 27,000 Est. Cost $30.28 Unrealized -5.8%

HR Healthcare Realty Trust Inc 0.3%

Value ($000) $1 Shares 77,582 Est. Cost $9.14 Unrealized —

EPR EPR Properties 0.2%

Value ($000) $1 Shares 17,500 Est. Cost $22.49 Unrealized —

SBRA Sabra Health Care REIT Inc 0.3%

Value ($000) $1 Shares 60,374 Est. Cost $13.46 Unrealized —

NSA National Storage Affiliates Trust 0.1%

Value ($000) $0 Shares 7,600 Est. Cost $20.02 Unrealized —

UPS UNITED PARCEL SERVICE-CL B 0.2%

Value ($000) $1 Shares 7,400 Est. Cost $162.74 Unrealized -24.8%

EQR Equity Residential 0.5%

Value ($000) $2 Shares 27,853 Est. Cost $52.68 Unrealized +32.5%

— Hudson Pacific Properties Inc 0.0%

Value ($000) $0 Shares 38,000 Est. Cost $27.42 Unrealized —

LKQ LKQ CORP 0.2%

Value ($000) $1 Shares 19,800 Est. Cost $47.95 Unrealized -23.2%

AVB AvalonBay Communities Inc 0.7%

Value ($000) $3 Shares 11,402 Est. Cost $138.70 Unrealized +55.9%

WELL Welltower Inc 0.9%

Value ($000) $4 Shares 28,559 Est. Cost $60.44 Unrealized +112.9%

ESS Essex Property Trust Inc 0.4%

Value ($000) $2 Shares 5,550 Est. Cost $202.17 Unrealized +39.6%

UDR UDR Inc 0.3%

Value ($000) $1 Shares 29,388 Est. Cost $30.07 Unrealized +40.7%

KRG Kite Realty Group Trust 0.2%

Value ($000) $1 Shares 36,400 Est. Cost $16.73 Unrealized —

MAA Mid-America Apartment Communities Inc 0.4%

Value ($000) $2 Shares 10,650 Est. Cost $91.75 Unrealized +63.1%

GTY Getty Realty Corp 0.2%

Value ($000) $1 Shares 25,000 Est. Cost $9.83 Unrealized —

BXP Boston Properties Inc 0.1%

Value ($000) $0 Shares 6,214 Est. Cost $81.36 Unrealized -6.3%

DHC Diversified Healthcare Trust 0.0%

Value ($000) $0 Shares 20,000 Est. Cost $6.31 Unrealized —

RLJ RLJ Lodging Trust 0.1%

Value ($000) $0 Shares 31,100 Est. Cost $22.69 Unrealized —

CSR Centerspace 0.1%

Value ($000) $0 Shares 7,019 Est. Cost $55.79 Unrealized —

FCPT Four Corners Property Trust Inc 0.1%

Value ($000) $0 Shares 14,000 Est. Cost $18.29 Unrealized —

HIW Highwoods Properties Inc 0.1%

Value ($000) $0 Shares 9,698 Est. Cost $41.54 Unrealized —

CUZ Cousins Properties Inc 0.2%

Value ($000) $1 Shares 20,400 Est. Cost $31.29 Unrealized —

AMH American Homes 4 Rent 0.2%

Value ($000) $1 Shares 22,500 Est. Cost $16.68 Unrealized —

UMH UMH Properties Inc 0.1%

Value ($000) $0 Shares 24,564 Est. Cost $12.44 Unrealized —

PW Power REIT 0.0%

Value ($000) $0 Shares 29,948 Est. Cost $10.96 Unrealized —

VNO Vornado Realty Trust 0.1%

Value ($000) $0 Shares 6,237 Est. Cost $69.17 Unrealized —

GNL Global Net Lease Inc 0.0%

Value ($000) $0 Shares 14,492 Est. Cost $11.91 Unrealized —

MAC Macerich Co/The 0.0%

Value ($000) $0 Shares 8,692 Est. Cost $78.02 Unrealized —

DBRG DigitalBridge Group Inc 0.0%

Value ($000) $0 Shares 4,821 Est. Cost $19.04 Unrealized -29.7%

SKT TANGER INC 0.1%

Value ($000) $0 Shares 14,000 Est. Cost $26.14 Unrealized —

CHCT Community Healthcare Trust Inc 0.1%

Value ($000) $0 Shares 12,000 Est. Cost $0.02 Unrealized —

BDN Brandywine Realty Trust 0.1%

Value ($000) $0 Shares 66,500 Est. Cost $12.37 Unrealized —

REG Regency Centers Corp 0.1%

Value ($000) $0 Shares 5,399 Est. Cost $57.17 Unrealized +22.0%

KRC Kilroy Realty Corp 0.1%

Value ($000) $0 Shares 5,500 Est. Cost $57.48 Unrealized —

APLE Apple Hospitality REIT Inc 0.1%

Value ($000) $0 Shares 16,000 Est. Cost $11.57 Unrealized —

— KELLOGG CO 0.3%

Value ($000) $1 Shares 13,200 Est. Cost $49.91 Unrealized +56.6%

KIM Kimco Realty Corp 0.1%

Value ($000) $0 Shares 16,295 Est. Cost $16.74 Unrealized +37.0%

PEB Pebblebrook Hotel Trust 0.0%

Value ($000) $0 Shares 6,355 Est. Cost $28.32 Unrealized —

BRX Brixmor Property Group Inc 0.4%

Value ($000) $1 Shares 48,211 Est. Cost $19.24 Unrealized —

PK Park Hotels and Resorts Inc 0.1%

Value ($000) $0 Shares 29,106 Est. Cost $4.56 Unrealized —

INN Summit Hotel Properties Inc 0.0%

Value ($000) $0 Shares 18,700 Est. Cost $13.19 Unrealized —

— NEW YORK REIT INC liquidation shs 0.0%

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

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLD	Prologis Inc	64,858	$7	1.8%	$71.92	+53.2%	COMMON STOCK	74340W103
PSA	Public Storage	12,013	$4	0.9%	$188.90	+67.3%	COMMON STOCK	74460D109
DLR	Digital Realty Trust Inc	24,247	$4	1.1%	$91.25	+87.6%	COMMON STOCK	253868103
CVS	CVS HEALTH CORP	19,000	$1	0.2%	$87.64	-38.8%	COMMON STOCK	126650100
CUBE	CubeSmart	28,700	$1	0.3%	$22.75	—	COMMON STOCK	229663109
IIPR	Innovative Industrial Properties Inc	4,404	$0	0.1%	$51.76	—	COMMON STOCK	45781V101
EQIX	Equinix Inc	5,390	$5	1.3%	$623.91	+43.9%	COMMON STOCK	29444U700
DOC	Healthpeak Properties Inc	111,755	$2	0.6%	$20.04	+0.6%	COMMON STOCK	42250P103
EXR	Extra Space Storage Inc	9,055	$1	0.4%	$124.26	+25.0%	COMMON STOCK	30225T102
SITC	SITE Centers Corp	5,000	$0	0.0%	$0.06	—	COMMON STOCK	82981J851
MPT	Medical Properties Trust Inc	113,500	$0	0.1%	$11.40	—	COMMON STOCK	58463J304
ARE	Alexandria Real Estate Equities Inc	9,250	$1	0.2%	$83.68	+21.4%	COMMON STOCK	015271109
BNL	Broadstone Net Lease Inc	62,000	$1	0.3%	$0.02	—	COMMON STOCK	11135E203
VTR	Ventas Inc	36,205	$2	0.6%	$45.28	+34.0%	COMMON STOCK	92276F100
NNN	National Retail Properties Inc	24,300	$1	0.3%	$0.04	—	COMMON STOCK	637417106
PLYM	Plymouth Industrial REIT Inc	38,027	$1	0.2%	$15.82	—	COMMON STOCK	729640102
STAG	STAG Industrial Inc	32,863	$1	0.3%	$19.27	—	COMMON STOCK	85254J102
—	LXP Industrial Trust	86,000	$1	0.2%	$7.95	—	COMMON STOCK	529043101
INVH	Invitation Homes Inc	46,265	$1	0.4%	$24.74	+28.8%	COMMON STOCK	46187W107
—	Global Medical REIT Inc	60,200	$0	0.1%	$7.27	—	COMMON STOCK	37954A204
TXN	TEXAS INSTRUMENTS INC	6,800	$1	0.3%	$45.45	+325.0%	COMMON STOCK	882508104
HUM	HUMANA INC	2,000	$1	0.1%	$270.65	-2.6%	COMMON STOCK	444859102
ULTA	ULTA BEAUTY INC	2,500	$1	0.3%	$402.75	-3.8%	COMMON STOCK	90384S303
NHI	National Health Investors Inc	7,000	$0	0.1%	$14.48	—	COMMON STOCK	63633D104
OHI	Omega Healthcare Investors Inc	34,700	$1	0.3%	$23.56	—	COMMON STOCK	681936100
EPRT	Essential Properties Realty Trust Inc	34,500	$1	0.3%	$8.77	—	COMMON STOCK	29670E107
—	INTERPUBLIC GROUP OF COS INC	27,000	$1	0.2%	$30.28	-5.8%	COMMON STOCK	460690100
HR	Healthcare Realty Trust Inc	77,582	$1	0.3%	$9.14	—	COMMON STOCK	42226K105
EPR	EPR Properties	17,500	$1	0.2%	$22.49	—	COMMON STOCK	26884U109
SBRA	Sabra Health Care REIT Inc	60,374	$1	0.3%	$13.46	—	COMMON STOCK	78573L106
NSA	National Storage Affiliates Trust	7,600	$0	0.1%	$20.02	—	COMMON STOCK	637870106
UPS	UNITED PARCEL SERVICE-CL B	7,400	$1	0.2%	$162.74	-24.8%	COMMON STOCK	911312106
EQR	Equity Residential	27,853	$2	0.5%	$52.68	+32.5%	COMMON STOCK	29476L107
—	Hudson Pacific Properties Inc	38,000	$0	0.0%	$27.42	—	COMMON STOCK	444097109
LKQ	LKQ CORP	19,800	$1	0.2%	$47.95	-23.2%	COMMON STOCK	501889208
AVB	AvalonBay Communities Inc	11,402	$3	0.7%	$138.70	+55.9%	COMMON STOCK	053484101
WELL	Welltower Inc	28,559	$4	0.9%	$60.44	+112.9%	COMMON STOCK	95040Q104
ESS	Essex Property Trust Inc	5,550	$2	0.4%	$202.17	+39.6%	COMMON STOCK	297178105
UDR	UDR Inc	29,388	$1	0.3%	$30.07	+40.7%	COMMON STOCK	902653104
KRG	Kite Realty Group Trust	36,400	$1	0.2%	$16.73	—	COMMON STOCK	49803T300
MAA	Mid-America Apartment Communities Inc	10,650	$2	0.4%	$91.75	+63.1%	COMMON STOCK	59522J103
GTY	Getty Realty Corp	25,000	$1	0.2%	$9.83	—	COMMON STOCK	374297109
BXP	Boston Properties Inc	6,214	$0	0.1%	$81.36	-6.3%	COMMON STOCK	101121101
DHC	Diversified Healthcare Trust	20,000	$0	0.0%	$6.31	—	COMMON STOCK	25525P107
RLJ	RLJ Lodging Trust	31,100	$0	0.1%	$22.69	—	COMMON STOCK	74965L101
CSR	Centerspace	7,019	$0	0.1%	$55.79	—	COMMON STOCK	15202L107
FCPT	Four Corners Property Trust Inc	14,000	$0	0.1%	$18.29	—	COMMON STOCK	35086T109
HIW	Highwoods Properties Inc	9,698	$0	0.1%	$41.54	—	COMMON STOCK	431284108
CUZ	Cousins Properties Inc	20,400	$1	0.2%	$31.29	—	COMMON STOCK	222795502
AMH	American Homes 4 Rent	22,500	$1	0.2%	$16.68	—	COMMON STOCK	02665T306
UMH	UMH Properties Inc	24,564	$0	0.1%	$12.44	—	COMMON STOCK	903002103
PW	Power REIT	29,948	$0	0.0%	$10.96	—	COMMON STOCK	73933H101
VNO	Vornado Realty Trust	6,237	$0	0.1%	$69.17	—	COMMON STOCK	929042109
GNL	Global Net Lease Inc	14,492	$0	0.0%	$11.91	—	COMMON STOCK	379378201
MAC	Macerich Co/The	8,692	$0	0.0%	$78.02	—	COMMON STOCK	554382101
DBRG	DigitalBridge Group Inc	4,821	$0	0.0%	$19.04	-29.7%	COMMON STOCK	25401T603
SKT	TANGER INC	14,000	$0	0.1%	$26.14	—	COMMON STOCK	875465106
CHCT	Community Healthcare Trust Inc	12,000	$0	0.1%	$0.02	—	COMMON STOCK	20369C106
BDN	Brandywine Realty Trust	66,500	$0	0.1%	$12.37	—	COMMON STOCK	105368203
REG	Regency Centers Corp	5,399	$0	0.1%	$57.17	+22.0%	COMMON STOCK	758849103
KRC	Kilroy Realty Corp	5,500	$0	0.1%	$57.48	—	COMMON STOCK	49427F108
APLE	Apple Hospitality REIT Inc	16,000	$0	0.1%	$11.57	—	COMMON STOCK	03784Y200
—	KELLOGG CO	13,200	$1	0.3%	$49.91	+56.6%	COMMON STOCK	487836108
KIM	Kimco Realty Corp	16,295	$0	0.1%	$16.74	+37.0%	COMMON STOCK	49446R109
PEB	Pebblebrook Hotel Trust	6,355	$0	0.0%	$28.32	—	COMMON STOCK	70509V100
BRX	Brixmor Property Group Inc	48,211	$1	0.4%	$19.24	—	COMMON STOCK	11120U105
PK	Park Hotels and Resorts Inc	29,106	$0	0.1%	$4.56	—	COMMON STOCK	700517105
INN	Summit Hotel Properties Inc	18,700	$0	0.0%	$13.19	—	COMMON STOCK	866082100
—	NEW YORK REIT INC liquidation shs	2,200	$0	0.0%	—	—	COMMON STOCK	64976L208