CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC
CIK 0001033984
Annualised vol
16.060946%
Beta
0.514532
HHI
214.778969
Top-10 weight
32.19715%
VaR 95%
1.42241%
VaR 99%
2.603982%
Max drawdown
34.650104%
Matched value
90.014165%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| WELL | REDUCED | 2,843,632 | 3,006,833 | -5.43% | 645,419,155 |
| EQIX | REDUCED | 453,306 | 528,634 | -14.25% | 472,521,641 |
| PLD | REDUCED | 1,806,673 | 2,183,891 | -17.27% | 244,749,991 |
| XEL | ADDED | 2,692,983 | 2,597,721 | 3.67% | 216,246,535 |
| AEP | NEW | 1,554,554 | - | - | 212,678,533 |
| PPL | ADDED | 5,283,738 | 4,619,677 | 14.37% | 192,063,876 |
| UDR | ADDED | 4,581,042 | 2,536,006 | 80.64% | 182,875,197 |
| ATO | ADDED | 999,550 | 757,953 | 31.87% | 172,192,479 |
| BRX | ADDED | 5,329,837 | 4,915,727 | 8.42% | 168,049,761 |
| EGP | ADDED | 819,322 | 791,418 | 3.53% | 165,937,284 |
| EVRG | ADDED | 1,777,469 | 1,389,642 | 27.91% | 153,626,645 |
| VTR | REDUCED | 1,627,271 | 1,890,027 | -13.9% | 144,501,665 |
| SO | ADDED | 1,496,314 | 745,127 | 100.81% | 143,212,213 |
| IRM | REDUCED | 1,072,881 | 1,237,915 | -13.33% | 135,515,599 |
| VICI | REDUCED | 5,101,362 | 5,346,551 | -4.59% | 135,441,161 |
| CUBE | ADDED | 3,359,278 | 3,094,291 | 8.56% | 133,598,486 |
| REG | ADDED | 1,636,814 | 1,265,357 | 29.36% | 130,519,548 |
| SPG | REDUCED | 546,521 | 1,209,585 | -54.82% | 122,229,422 |
| PCG | ADDED | 7,091,740 | 6,835,122 | 3.75% | 119,283,067 |
| AMH | ADDED | 3,533,744 | 3,251,430 | 8.68% | 118,451,099 |
| WEC | REDUCED | 1,003,363 | 1,376,051 | -27.08% | 117,162,697 |
| CEG | ADDED | 467,440 | 415,038 | 12.63% | 116,098,072 |
| FR | REDUCED | 1,679,978 | 2,228,576 | -24.62% | 102,999,452 |
| STAG | REDUCED | 2,640,424 | 3,170,619 | -16.72% | 100,494,537 |
| PEG | NEW | 1,199,814 | - | - | 97,376,904 |
| SUI | ADDED | 767,879 | 536,746 | 43.06% | 92,076,371 |
| OGE | REDUCED | 1,794,001 | 1,815,118 | -1.16% | 87,296,089 |
| EPRT | ADDED | 2,842,370 | 2,203,346 | 29.0% | 84,844,745 |
| AHR | ADDED | 1,614,014 | 1,258,041 | 28.3% | 84,170,830 |
| CPT | REDUCED | 733,484 | 771,158 | -4.89% | 83,976,583 |
| TRGP | REDUCED | 313,028 | 335,913 | -6.81% | 83,935,328 |
| RHP | NEW | 624,149 | - | - | 80,234,354 |
| OKE | ADDED | 889,145 | 292,800 | 203.67% | 77,302,266 |
| LNG | REDUCED | 284,701 | 509,690 | -44.14% | 68,046,386 |
| DLR | REDUCED | 315,098 | 444,106 | -29.05% | 56,585,299 |
| UNP | ADDED | 201,852 | 136,000 | 48.42% | 54,903,744 |
| CUZ | ADDED | 1,636,218 | 1,209,915 | 35.23% | 49,053,816 |
| VNO | REDUCED | 1,243,508 | 1,408,289 | -11.7% | 48,869,865 |
| O | REDUCED | 758,362 | 1,352,780 | -43.94% | 46,988,110 |
| CMS | REDUCED | 595,592 | 1,332,742 | -55.31% | 45,562,788 |
| EXR | ADDED | 306,536 | 194,962 | 57.23% | 44,539,681 |
| PSA | REDUCED | 137,017 | 219,284 | -37.52% | 43,613,881 |
| FRT | NEW | 351,830 | - | - | 43,429,895 |
| JAN | ADDED | 1,475,823 | 527,940 | 179.54% | 42,415,153 |
| BXDC | NEW | 1,931,832 | - | - | 41,785,527 |
| COLD | ADDED | 2,416,480 | 600,397 | 302.48% | 37,987,065 |
| SKT | ADDED | 960,182 | 789,381 | 21.64% | 37,898,384 |
| OGS | ADDED | 483,805 | 371,334 | 30.29% | 37,286,852 |
| CPK | NEW | 289,803 | - | - | 35,495,072 |
| DOC | REDUCED | 1,447,136 | 2,543,209 | -43.1% | 30,968,710 |
| SHO | REDUCED | 2,648,664 | 3,961,704 | -33.14% | 30,327,202 |
| HLT | ADDED | 91,607 | 82,796 | 10.64% | 30,272,449 |
| AWK | ADDED | 227,666 | 201,190 | 13.16% | 29,956,292 |
| CCI | REDUCED | 376,589 | 562,049 | -33.0% | 28,519,085 |
| D | UNCHANGED | 369,494 | 369,494 | 0.0% | 25,232,745 |
| MAC | NEW | 994,586 | - | - | 25,053,621 |
| OHI | REDUCED | 518,884 | 1,760,382 | -70.52% | 24,740,389 |
| IVT | NEW | 687,891 | - | - | 24,351,342 |
| ELS | ADDED | 341,635 | 292,716 | 16.71% | 22,018,376 |
| ESS | ADDED | 70,478 | 60,685 | 16.14% | 20,550,680 |
| REXR | REDUCED | 591,151 | 605,214 | -2.32% | 19,803,559 |
| INVH | ADDED | 648,788 | 435,438 | 49.0% | 19,599,885 |
| MAA | NEW | 129,588 | - | - | 18,004,957 |
| PEB | UNCHANGED | 925,594 | 925,594 | 0.0% | 17,998,054 |
| IRT | REDUCED | 791,922 | 868,848 | -8.85% | 13,217,178 |
| EPR | ADDED | 217,783 | 186,519 | 16.76% | 12,633,592 |
| HST | REDUCED | 475,268 | 881,580 | -46.09% | 11,268,604 |
| BXP | REDUCED | 159,546 | 490,192 | -67.45% | 10,579,495 |
| WTRG | REDUCED | 274,998 | 301,609 | -8.82% | 10,535,173 |
| BNL | REDUCED | 489,275 | 670,318 | -27.01% | 10,113,314 |
| ARE | NEW | 178,107 | - | - | 9,412,955 |
| XIFR | UNCHANGED | 794,852 | 794,852 | 0.0% | 9,387,202 |
| CSR | REDUCED | 156,684 | 231,462 | -32.31% | 8,804,074 |
| LINE | UNCHANGED | 171,316 | 171,316 | 0.0% | 7,409,417 |
| PDM | NEW | 778,322 | - | - | 7,121,646 |
| AES | REDUCED | 417,193 | 4,399,061 | -90.52% | 6,116,049 |
| NTST | UNCHANGED | 271,274 | 271,274 | 0.0% | 5,732,020 |
| NHP | NEW | 381,121 | - | - | 5,583,422 |
| KRC | NEW | 137,040 | - | - | 5,134,889 |
| SBAC | UNCHANGED | 24,384 | 24,384 | 0.0% | 4,302,801 |
| ESRT | UNCHANGED | 687,840 | 687,840 | 0.0% | 3,721,214 |
| LNT | NEW | 46,629 | - | - | 3,557,326 |
| AEE | ADDED | 30,698 | 7,279 | 321.73% | 3,470,102 |
| BIPC | NEW | 50,000 | - | - | 1,824,500 |
| UE | NEW | 75,242 | - | - | 1,721,537 |
| NEE | REDUCED | 18,524 | 31,592 | -41.36% | 1,625,852 |
| WY | UNCHANGED | 60,100 | 60,100 | 0.0% | 1,438,794 |
| CWEN | NEW | 26,014 | - | - | 889,159 |
| MAR | NEW | 1,973 | - | - | 731,174 |
| NSC | REDUCED | 2,310 | 2,368 | -2.45% | 726,703 |
| CNP | REDUCED | 7,252 | 7,389 | -1.85% | 319,378 |
| KMI | ADDED | 6,403 | 6,251 | 2.43% | 204,704 |
| CWT | CLOSED OUT | 0 | 647,515 | -100.0% | 0 |
| CURB | CLOSED OUT | 0 | 139,113 | -100.0% | 0 |
| LAMR | CLOSED OUT | 0 | 125,028 | -100.0% | 0 |
| CDP | CLOSED OUT | 0 | 107,503 | -100.0% | 0 |
| LXP | CLOSED OUT | 0 | 51,192 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| WELL | REDUCED | Welltower Inc | COM | 95040Q104 | 617,322,539 | 8.59 | 2719842.0 |
| EQIX | REDUCED | Equinix Inc | COM | 29444U700 | 424,833,341 | 5.91 | 407557.0 |
| PLD | REDUCED | Prologis Inc | COM | 74340W103 | 233,850,075 | 3.25 | 1726213.0 |
| UDR | ADDED | UDR Inc | COM | 902653104 | 175,267,283 | 2.44 | 4390463.0 |
| BRX | ADDED | Brixmor Property Group Inc | COM | 11120U105 | 161,000,725 | 2.24 | 5106271.0 |
| EGP | ADDED | EastGroup Properties Inc | COM | 277276101 | 158,290,359 | 2.2 | 781565.0 |
| VTR | REDUCED | Ventas Inc | COM | 92276F100 | 144,501,665 | 2.01 | 1627271.0 |
| - | Equity Residential | COM | 29476L107 | 138,581,344 | 1.93 | 2040061.0 | |
| REG | ADDED | Regency Centers Corp | COM | 758849103 | 130,519,548 | 1.82 | 1636814.0 |
| VICI | REDUCED | VICI Properties Inc | COM | 925652109 | 129,061,594 | 1.8 | 4861077.0 |
| IRM | REDUCED | Iron Mountain Inc | COM | 46284V101 | 128,145,663 | 1.78 | 1014533.0 |
| XEL | ADDED | Xcel Energy Inc | COM | 98389B100 | 126,555,691 | 1.76 | 1576036.0 |
| CUBE | ADDED | CubeSmart | COM | 229663109 | 126,421,671 | 1.76 | 3178820.0 |
| - | American Tower Corp | COM | 03027X100 | 125,187,645 | 1.74 | 765346.0 | |
| AEP | NEW | American Electric Power Co Inc | COM | 025537101 | 122,726,779 | 1.71 | 897060.0 |
| PPL | ADDED | PPL Corp | COM | 69351T106 | 118,612,013 | 1.65 | 3263054.0 |
| - | American Tower Corp | COM | 03027X100 | 113,413,713 | 1.58 | 693365.0 | |
| SPG | REDUCED | Simon Property Group Inc | COM | 828806109 | 112,774,618 | 1.57 | 504246.0 |
| AMH | ADDED | American Homes 4 Rent | COM | 02665T306 | 112,014,119 | 1.56 | 3341710.0 |
| FR | REDUCED | First Industrial Realty Trust Inc | COM | 32054K103 | 98,987,080 | 1.38 | 1614534.0 |
| ATO | ADDED | Atmos Energy Corp | COM | 049560105 | 98,646,798 | 1.37 | 572629.0 |
| STAG | REDUCED | STAG Industrial Inc | COM | 85254J102 | 98,289,379 | 1.37 | 2582485.0 |
| SUI | ADDED | Sun Communities Inc | COM | 866674104 | 92,076,371 | 1.28 | 767879.0 |
| AEP | NEW | American Electric Power Co Inc | COM | 025537101 | 89,951,754 | 1.25 | 657494.0 |
| XEL | ADDED | Xcel Energy Inc | COM | 98389B100 | 89,690,844 | 1.25 | 1116947.0 |
| EVRG | ADDED | Evergy Inc | COM | 30034W106 | 87,858,774 | 1.22 | 1016531.0 |
| SO | ADDED | Southern Co/The | COM | 842587107 | 83,728,544 | 1.17 | 874815.0 |
| CPT | REDUCED | Camden Property Trust | COM | 133131102 | 80,316,567 | 1.12 | 701516.0 |
| EPRT | ADDED | Essential Properties Realty Trust Inc | COM | 29670E107 | 80,178,563 | 1.12 | 2686049.0 |
| - | Williams Cos Inc/The | COM | 969457100 | 79,543,949 | 1.11 | 1070002.0 | |
| AHR | ADDED | American Healthcare REIT Inc | COM | 398182303 | 79,359,940 | 1.1 | 1521763.0 |
| RHP | NEW | Ryman Hospitality Properties Inc | COM | 78377T107 | 75,005,968 | 1.04 | 583477.0 |
| CEG | ADDED | Constellation Energy Corp | COM | 21037T109 | 74,154,837 | 1.03 | 298566.0 |
| ATO | ADDED | Atmos Energy Corp | COM | 049560105 | 73,545,681 | 1.02 | 426921.0 |
| PPL | ADDED | PPL Corp | COM | 69351T106 | 73,451,863 | 1.02 | 2020684.0 |
| PCG | ADDED | PG&E Corp | COM | 69331C108 | 73,249,839 | 1.02 | 4354925.0 |
| EVRG | ADDED | Evergy Inc | COM | 30034W106 | 65,767,871 | 0.92 | 760938.0 |
| - | Gaming and Leisure Properties Inc | COM | 36467J108 | 62,108,707 | 0.86 | 1394761.0 | |
| PEG | NEW | Public Service Enterprise Group Inc | COM | 744573106 | 60,886,475 | 0.85 | 750203.0 |
| WEC | REDUCED | WEC Energy Group Inc | COM | 92939U106 | 59,827,226 | 0.83 | 512351.0 |
| SO | ADDED | Southern Co/The | COM | 842587107 | 59,483,669 | 0.83 | 621499.0 |
| WEC | REDUCED | WEC Energy Group Inc | COM | 92939U106 | 57,335,471 | 0.8 | 491012.0 |
| DLR | REDUCED | Digital Realty Trust Inc | COM | 253868103 | 54,638,652 | 0.76 | 304258.0 |
| OKE | ADDED | ONEOK Inc | COM | 682680103 | 53,383,681 | 0.74 | 614029.0 |
| - | Williams Cos Inc/The | COM | 969457100 | 51,338,312 | 0.71 | 690588.0 | |
| OGE | REDUCED | OGE Energy Corp | COM | 670837103 | 49,522,547 | 0.69 | 1017726.0 |
| EQIX | REDUCED | Equinix Inc | COM | 29444U700 | 47,688,300 | 0.66 | 45749.0 |
| CUZ | ADDED | Cousins Properties Inc | COM | 222795502 | 46,446,905 | 0.65 | 1549263.0 |
| VNO | REDUCED | Vornado Realty Trust | COM | 929042109 | 46,036,649 | 0.64 | 1171416.0 |
| PCG | ADDED | PG&E Corp | COM | 69331C108 | 46,033,228 | 0.64 | 2736815.0 |
| O | REDUCED | Realty Income Corp | COM | 756109104 | 45,287,060 | 0.63 | 730908.0 |
| PSA | REDUCED | Public Storage | COM | 74460D109 | 43,613,881 | 0.61 | 137017.0 |
| - | Getty Realty Corp | COM | 374297109 | 43,432,085 | 0.6 | 1301921.0 | |
| TRGP | REDUCED | Targa Resources Corp | COM | 87612G101 | 43,052,827 | 0.6 | 160561.0 |
| EXR | ADDED | Extra Space Storage Inc | COM | 30225T102 | 42,431,814 | 0.59 | 292029.0 |
| CEG | ADDED | Constellation Energy Corp | COM | 21037T109 | 41,943,235 | 0.58 | 168874.0 |
| TRGP | REDUCED | Targa Resources Corp | COM | 87612G101 | 40,882,501 | 0.57 | 152467.0 |
| FRT | NEW | Federal Realty Investment Trust | COM | 313745101 | 40,810,128 | 0.57 | 330607.0 |
| JAN | ADDED | Janus Living Inc | COM | 471024109 | 39,595,874 | 0.55 | 1377727.0 |
| LNG | REDUCED | Cheniere Energy Inc | COM | 16411R208 | 37,980,601 | 0.53 | 158908.0 |
| OGE | REDUCED | OGE Energy Corp | COM | 670837103 | 37,773,542 | 0.53 | 776275.0 |
| PEG | NEW | Public Service Enterprise Group Inc | COM | 744573106 | 36,490,429 | 0.51 | 449611.0 |
| COLD | ADDED | Americold Realty Trust Inc | COM | 03064D108 | 35,634,693 | 0.5 | 2266838.0 |
| BXDC | NEW | Blackstone Digital Infrastructure Trust Inc. | COM | 09264B107 | 35,456,740 | 0.49 | 1639239.0 |
| SKT | ADDED | Tanger Inc | COM | 875465106 | 34,743,389 | 0.48 | 880248.0 |
| UNP | ADDED | Union Pacific Corp | COM | 907818108 | 32,431,104 | 0.45 | 119232.0 |
| LNG | REDUCED | Cheniere Energy Inc | COM | 16411R208 | 30,065,785 | 0.42 | 125793.0 |
| - | AvalonBay Communities Inc | COM | 053484101 | 29,297,519 | 0.41 | 155268.0 | |
| SHO | REDUCED | Sunstone Hotel Investors Inc | COM | 867892101 | 28,934,161 | 0.4 | 2527001.0 |
| CCI | REDUCED | Crown Castle Inc | COM | 22822V101 | 28,519,085 | 0.4 | 376589.0 |
| HLT | ADDED | Hilton Worldwide Holdings Inc | COM | 43300A203 | 28,469,790 | 0.4 | 86152.0 |
| WELL | REDUCED | Welltower Inc | COM | 95040Q104 | 28,096,616 | 0.39 | 123790.0 |
| DOC | REDUCED | Healthpeak Properties Inc | COM | 42250P103 | 27,700,395 | 0.39 | 1294411.0 |
| CMS | REDUCED | CMS Energy Corp | COM | 125896100 | 25,325,402 | 0.35 | 331051.0 |
| D | UNCHANGED | Dominion Energy Inc | COM | 25746U109 | 25,232,745 | 0.35 | 369494.0 |
| OHI | REDUCED | Omega Healthcare Investors Inc | COM | 681936100 | 24,651,895 | 0.34 | 517028.0 |
| - | WP Carey Inc | COM | 92936U109 | 24,308,427 | 0.34 | 339978.0 | |
| OKE | ADDED | ONEOK Inc | COM | 682680103 | 23,918,585 | 0.33 | 275116.0 |
| OGS | ADDED | ONE Gas Inc | COM | 68235P108 | 23,553,517 | 0.33 | 305612.0 |
| IVT | NEW | InvenTrust Properties Corp | COM | 46124J201 | 22,486,576 | 0.31 | 635214.0 |
| UNP | ADDED | Union Pacific Corp | COM | 907818108 | 22,472,640 | 0.31 | 82620.0 |
| MAC | NEW | Macerich Co/The | COM | 554382101 | 22,155,562 | 0.31 | 879538.0 |
| CPK | NEW | Chesapeake Utilities Corp | COM | 165303108 | 22,147,079 | 0.31 | 180822.0 |
| ESS | ADDED | Essex Property Trust Inc | COM | 297178105 | 20,550,680 | 0.29 | 70478.0 |
| CMS | REDUCED | CMS Energy Corp | COM | 125896100 | 20,237,386 | 0.28 | 264541.0 |
| REXR | REDUCED | Rexford Industrial Realty Inc | COM | 76169C100 | 19,803,559 | 0.28 | 591151.0 |
| INVH | ADDED | Invitation Homes Inc | COM | 46187W107 | 19,599,885 | 0.27 | 648788.0 |
| ELS | ADDED | Equity LifeStyle Properties Inc | COM | 29472R108 | 18,840,024 | 0.26 | 292320.0 |
| MAA | NEW | Mid-America Apartment Communities Inc | COM | 59522J103 | 18,004,957 | 0.25 | 129588.0 |
| AWK | ADDED | American Water Works Co Inc | COM | 030420103 | 16,946,188 | 0.24 | 128790.0 |
| - | Entergy Corp | COM | 29364G103 | 15,587,765 | 0.22 | 135711.0 | |
| OGS | ADDED | ONE Gas Inc | COM | 68235P108 | 13,733,335 | 0.19 | 178193.0 |
| - | Entergy Corp | COM | 29364G103 | 13,614,586 | 0.19 | 118532.0 | |
| CPK | NEW | Chesapeake Utilities Corp | COM | 165303108 | 13,347,993 | 0.19 | 108981.0 |
| IRT | REDUCED | Independence Realty Trust Inc | COM | 45378A106 | 13,217,178 | 0.18 | 791922.0 |
| AWK | ADDED | American Water Works Co Inc | COM | 030420103 | 13,010,104 | 0.18 | 98876.0 |
| EPR | ADDED | EPR Properties | COM | 26884U109 | 11,554,722 | 0.16 | 199185.0 |
| HST | REDUCED | Host Hotels & Resorts Inc | COM | 44107P104 | 11,198,968 | 0.16 | 472331.0 |
| PLD | REDUCED | Prologis Inc | COM | 74340W103 | 10,899,916 | 0.15 | 80460.0 |
| BXP | REDUCED | BXP Inc | COM | 101121101 | 10,579,495 | 0.15 | 159546.0 |
| PEB | UNCHANGED | Pebblebrook Hotel Trust | PFD SR F | 70509V704 | 10,524,669 | 0.15 | 541950.0 |
| BNL | REDUCED | Broadstone Net Lease Inc | COM | 11135E203 | 10,113,314 | 0.14 | 489275.0 |
| SPG | REDUCED | Simon Property Group Inc | COM | 828806109 | 9,454,804 | 0.13 | 42275.0 |
| ARE | NEW | Alexandria Real Estate Equities Inc | COM | 015271109 | 9,412,955 | 0.13 | 178107.0 |
| XIFR | UNCHANGED | XPLR Infrastructure LP | COM | 65341B106 | 9,387,202 | 0.13 | 794852.0 |
| WTRG | REDUCED | Essential Utilities Inc | COM | 29670G102 | 8,806,243 | 0.12 | 229868.0 |
| CSR | REDUCED | Centerspace | COM | 15202L107 | 8,024,494 | 0.11 | 142810.0 |
| - | Equity Residential | COM | 29476L107 | 7,828,661 | 0.11 | 115246.0 | |
| EGP | ADDED | EastGroup Properties Inc | COM | 277276101 | 7,646,925 | 0.11 | 37757.0 |
| UDR | ADDED | UDR Inc | COM | 902653104 | 7,607,914 | 0.11 | 190579.0 |
| PEB | UNCHANGED | Pebblebrook Hotel Trust | PFD SER E | 70509V605 | 7,473,385 | 0.1 | 383644.0 |
| LINE | UNCHANGED | Lineage Inc | COM | 53566V106 | 7,409,417 | 0.1 | 171316.0 |
| IRM | REDUCED | Iron Mountain Inc | COM | 46284V101 | 7,369,936 | 0.1 | 58348.0 |
| CUBE | ADDED | CubeSmart | COM | 229663109 | 7,176,815 | 0.1 | 180458.0 |
| PDM | NEW | Piedmont Realty Trust Inc | COM | 720190206 | 7,121,646 | 0.1 | 778322.0 |
| BRX | ADDED | Brixmor Property Group Inc | COM | 11120U105 | 7,049,036 | 0.1 | 223566.0 |
| AMH | ADDED | American Homes 4 Rent | COM | 02665T306 | 6,436,980 | 0.09 | 192034.0 |
| VICI | REDUCED | VICI Properties Inc | COM | 925652109 | 6,379,567 | 0.09 | 240285.0 |
| BXDC | NEW | Blackstone Digital Infrastructure Trust Inc. | COM | 09264B107 | 6,328,787 | 0.09 | 292593.0 |
| AES | REDUCED | AES Corp/The | COM | 00130H105 | 6,028,324 | 0.08 | 411209.0 |
| NTST | UNCHANGED | NETSTREIT Corp | COM | 64119V303 | 5,732,020 | 0.08 | 271274.0 |
| RHP | NEW | Ryman Hospitality Properties Inc | COM | 78377T107 | 5,228,386 | 0.07 | 40672.0 |
| AHR | ADDED | American Healthcare REIT Inc | COM | 398182303 | 4,810,890 | 0.07 | 92251.0 |
| EPRT | ADDED | Essential Properties Realty Trust Inc | COM | 29670E107 | 4,666,182 | 0.06 | 156321.0 |
| SBAC | UNCHANGED | SBA Communications Corp | COM | 78410G104 | 4,302,801 | 0.06 | 24384.0 |
| NHP | NEW | National Healthcare Properties Inc | COM | 42226B501 | 4,151,209 | 0.06 | 283359.0 |
| FR | REDUCED | First Industrial Realty Trust Inc | COM | 32054K103 | 4,012,372 | 0.06 | 65444.0 |
| ESRT | UNCHANGED | Empire State Realty Trust Inc | COM | 292104106 | 3,721,214 | 0.05 | 687840.0 |
| CPT | REDUCED | Camden Property Trust | COM | 133131102 | 3,660,016 | 0.05 | 31968.0 |
| LNT | NEW | Alliant Energy Corp | COM | 018802108 | 3,557,326 | 0.05 | 46629.0 |
| AEE | ADDED | Ameren Corp | COM | 023608102 | 3,470,102 | 0.05 | 30698.0 |
| KRC | NEW | Kilroy Realty Corp | COM | 49427F108 | 3,399,166 | 0.05 | 90717.0 |
| DOC | REDUCED | Healthpeak Properties Inc | COM | 42250P103 | 3,268,315 | 0.05 | 152725.0 |
| ELS | ADDED | Equity LifeStyle Properties Inc | COM | 29472R108 | 3,178,352 | 0.04 | 49315.0 |
| SKT | ADDED | Tanger Inc | COM | 875465106 | 3,154,995 | 0.04 | 79934.0 |
| MAC | NEW | Macerich Co/The | COM | 554382101 | 2,898,059 | 0.04 | 115048.0 |
| VNO | REDUCED | Vornado Realty Trust | COM | 929042109 | 2,833,216 | 0.04 | 72092.0 |
| JAN | ADDED | Janus Living Inc | COM | 471024109 | 2,819,279 | 0.04 | 98096.0 |
| FRT | NEW | Federal Realty Investment Trust | COM | 313745101 | 2,619,767 | 0.04 | 21223.0 |
| CUZ | ADDED | Cousins Properties Inc | COM | 222795502 | 2,606,911 | 0.04 | 86955.0 |
| - | Gaming and Leisure Properties Inc | COM | 36467J108 | 2,407,514 | 0.03 | 54065.0 | |
| COLD | ADDED | Americold Realty Trust Inc | COM | 03064D108 | 2,352,372 | 0.03 | 149642.0 |
| STAG | REDUCED | STAG Industrial Inc | COM | 85254J102 | 2,205,158 | 0.03 | 57939.0 |
| EXR | ADDED | Extra Space Storage Inc | COM | 30225T102 | 2,107,867 | 0.03 | 14507.0 |
| DLR | REDUCED | Digital Realty Trust Inc | COM | 253868103 | 1,946,647 | 0.03 | 10840.0 |
| IVT | NEW | InvenTrust Properties Corp | COM | 46124J201 | 1,864,766 | 0.03 | 52677.0 |
| BIPC | NEW | Brookfield Infrastructure Partners LP | COM | G16252101 | 1,824,500 | 0.03 | 50000.0 |
| HLT | ADDED | Hilton Worldwide Holdings Inc | COM | 43300A203 | 1,802,659 | 0.03 | 5455.0 |
| KRC | NEW | Kilroy Realty Corp | COM | 49427F108 | 1,735,723 | 0.02 | 46323.0 |
| WTRG | REDUCED | Essential Utilities Inc | COM | 29670G102 | 1,728,930 | 0.02 | 45130.0 |
| UE | NEW | Urban Edge Properties | COM | 91704F104 | 1,721,537 | 0.02 | 75242.0 |
| O | REDUCED | Realty Income Corp | COM | 756109104 | 1,701,050 | 0.02 | 27454.0 |
| NEE | REDUCED | NextEra Energy Inc | COM | 65339F101 | 1,559,673 | 0.02 | 17770.0 |
| WY | UNCHANGED | Weyerhaeuser Co | COM | 962166104 | 1,438,794 | 0.02 | 60100.0 |
| NHP | NEW | National Healthcare Properties Inc | COM | 42226B501 | 1,432,213 | 0.02 | 97762.0 |
| - | Getty Realty Corp | COM | 374297109 | 1,402,388 | 0.02 | 42038.0 | |
| SHO | REDUCED | Sunstone Hotel Investors Inc | COM | 867892101 | 1,393,041 | 0.02 | 121663.0 |
| EPR | ADDED | EPR Properties | COM | 26884U109 | 1,078,870 | 0.02 | 18598.0 |
| CWEN | NEW | Clearway Energy Inc | COM | 18539C204 | 889,159 | 0.01 | 26014.0 |
| CSR | REDUCED | Centerspace | COM | 15202L107 | 779,580 | 0.01 | 13874.0 |
| MAR | NEW | Marriott International Inc/MD | COM | 571903202 | 731,174 | 0.01 | 1973.0 |
| NSC | REDUCED | Norfolk Southern Corp | COM | 655844108 | 643,337 | 0.01 | 2045.0 |
| CNP | REDUCED | CenterPoint Energy Inc | COM | 15189T107 | 282,649 | 0.0 | 6418.0 |
| KMI | ADDED | Kinder Morgan Inc | COM | 49456B101 | 181,973 | 0.0 | 5692.0 |
| OHI | REDUCED | Omega Healthcare Investors Inc | COM | 681936100 | 88,494 | 0.0 | 1856.0 |
| AES | REDUCED | AES Corp/The | COM | 00130H105 | 87,725 | 0.0 | 5984.0 |
| NSC | REDUCED | Norfolk Southern Corp | COM | 655844108 | 83,366 | 0.0 | 265.0 |
| HST | REDUCED | Host Hotels & Resorts Inc | COM | 44107P104 | 69,636 | 0.0 | 2937.0 |
| NEE | REDUCED | NextEra Energy Inc | COM | 65339F101 | 66,179 | 0.0 | 754.0 |
| CNP | REDUCED | CenterPoint Energy Inc | COM | 15189T107 | 36,729 | 0.0 | 834.0 |
| KMI | ADDED | Kinder Morgan Inc | COM | 49456B101 | 22,731 | 0.0 | 711.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 7,184,575,338 | 171 | 16.060946 | 0.514532 | 34.650104 |
| 2026-03-31 | 2026-05-14 | 6,746,064,897 | 96 | 16.130365 | 0.524364 | 34.829399 |
| 2025-12-31 | 2026-02-10 | 6,811,028,300 | 97 | 17.018276 | 0.559325 | 36.853924 |
| 2025-09-30 | 2025-11-13 | 7,012,546,671 | 105 | 16.445566 | 0.540509 | 35.668468 |
| 2025-03-31 | 2025-05-14 | 6,534,390,980 | 110 | 16.573138 | 0.538248 | 35.43078 |
| 2024-12-31 | 2025-02-06 | 5,646,086,377 | 113 | 16.080557 | 0.529376 | 34.505877 |