| Welltower Inc. (WELL) | $1.3B | 10.93% | 5,640,625 | +397,916 | Added |
| Equinix Inc. (EQIX) | $952.8M | 8.13% | 914,083 | +91,200 | Added |
| Prologis, Inc. (PLD) | $944.5M | 8.06% | 6,971,950 | +743,837 | Added |
| Digital Realty Trust, Inc. (DLR) | $648.6M | 5.54% | 3,611,509 | +546,600 | Added |
| Ventas, Inc. (VTR) | $588.5M | 5.02% | 6,627,776 | +699,255 | Added |
| Brixmor Property Group Inc. (BRX) | $389.4M | 3.32% | 12,348,885 | +1,277,818 | Added |
| Public Storage (PSA) | $380.9M | 3.25% | 1,196,628 | -8,353 | Trimmed |
| Extra Space Storage Inc. (EXR) | $369.2M | 3.15% | 2,540,776 | +41,586 | Added |
| Udr, Inc. (UDR) | $368.1M | 3.14% | 9,221,587 | +851,594 | Added |
| Simon Property Group Inc. (SPG) | $359.3M | 3.07% | 1,606,504 | +206,309 | Added |
| Camden Property Trust (CPT) | $339.0M | 2.89% | 2,961,148 | +312,976 | Added |
| First Industrial Realty Trust Inc. (FR) | $297.7M | 2.54% | 4,855,292 | +547,725 | Added |
| Iron Mountain Inc. (IRM) | $293.5M | 2.50% | 2,323,974 | +13,929 | Added |
| Agree Realty Corp. (ADC) | $282.6M | 2.41% | 3,730,917 | +301,342 | Added |
| Kimco Realty Corp. (KIM) | $276.8M | 2.36% | 10,919,568 | +418,228 | Added |
| Invitation Homes Inc. (INVH) | $270.1M | 2.31% | 8,939,707 | +1,490,227 | Added |
| Kite Realty Group Trust (KRG) | $245.3M | 2.09% | 8,644,416 | +746,629 | Added |
| Realty Income Corp. (O) | $243.2M | 2.08% | 3,924,386 | -37,495 | Trimmed |
| Macerich Co. (MAC) | $226.7M | 1.94% | 8,999,366 | +1,724,762 | Added |
| American Healthcare REIT, Inc. (AHR) | $219.2M | 1.87% | 4,203,946 | +1,422,493 | Added |
| Equity Lifestyle Properties Inc. (ELS) | $206.3M | 1.76% | 3,200,525 | +946,174 | Added |
| Vici Properties Inc. (VICI) | $166.5M | 1.42% | 6,272,252 | +1,562,442 | Added |
| American Homes 4 Rent (AMH) | $147.2M | 1.26% | 4,390,840 | -1,578,192 | Trimmed |
| Host Hotels & Resorts, Inc. (HST) | $146.8M | 1.25% | 6,190,131 | -629,420 | Trimmed |
| Cousins Properties Inc. (CUZ) | $129.4M | 1.10% | 4,315,815 | +460,580 | Added |
| Alexandria Real Estate Equities, Inc. (ARE) | $124.4M | 1.06% | 2,353,556 | +328,664 | Added |
| Vornado Realty Trust (VNO) | $114.7M | 0.98% | 2,918,110 | -510,937 | Trimmed |
| Sabra Health Care REIT, Inc. (SBRA) | $113.4M | 0.97% | 5,814,427 | +1,936,617 | Added |
| Mid-America Apartment Communities, Inc. (MAA) | $109.7M | 0.94% | 789,692 | +169,517 | Added |
| LXP Industrial Trust (LXP) | $95.6M | 0.82% | 1,774,973 | +520,853 | Added |
| Rexford Industrial Realty, Inc. (REXR) | $91.4M | 0.78% | 2,728,032 | +255,108 | Added |
| DiamondRock Hospitality Co. (DRH) | $88.5M | 0.76% | 7,262,068 | +825,004 | Added |
| Vivmark Residential (VMRK) | $82.9M | 0.71% | 1,221,100 | +66,067 | Added |
| Ryman Hospitality Properties, Inc. (RHP) | $73.2M | 0.63% | 569,520 | +57,185 | Added |
| Janus Living, Inc. (JAN) | $70.4M | 0.60% | 2,449,658 | +469,658 | Added |
| SL Green Realty Corp. (SLG) | $63.5M | 0.54% | 1,227,532 | +153,581 | Added |
| Essex Property Trust, Inc. (ESS) | $58.2M | 0.50% | 199,720 | -16,896 | Trimmed |
| Lamar Advertising Co. (LAMR) | $56.5M | 0.48% | 361,934 | +85,860 | Added |
| American Tower Corp. (AMT) | $53.9M | 0.46% | 329,330 | +12,914 | Added |
| CareTrust REIT, Inc. (CTRE) | $52.2M | 0.45% | 1,294,118 | +1,294,118 | New position |
| Broadstone Net Lease, Inc. (BNL) | $51.0M | 0.43% | 2,466,690 | -170,998 | Trimmed |
| Netstreit Corp. (NTST) | $50.8M | 0.43% | 2,405,458 | -452,897 | Trimmed |
| SmartStop Self Storage REIT, Inc. (SMA) | $46.0M | 0.39% | 1,415,860 | +1,415,860 | New position |
| Americold Realty Trust (COLD) | $45.0M | 0.38% | 2,863,520 | +785,908 | Added |
| Kilroy Realty Corp. (KRC) | $44.3M | 0.38% | 1,181,978 | +1,111,487 | Added |
| Sun Communities Inc. (SUI) | $41.7M | 0.36% | 347,520 | +296,197 | Added |
| Independence Realty Trust, Inc. (IRT) | $39.2M | 0.34% | 2,350,383 | +759,119 | Added |
| LTC Properties Inc. (LTC) | $35.4M | 0.30% | 920,710 | +914,250 | Added |
| Lineage, Inc. (LINE) | $29.7M | 0.25% | 686,236 | +222,416 | Added |
| Omega Healthcare Investors Inc. (OHI) | $29.1M | 0.25% | 610,430 | -2,379,374 | Trimmed |
| Stag Industrial, Inc. (STAG) | $29.0M | 0.25% | 761,520 | +613,720 | Added |
| Regency Centers Corp. (REG) | $28.0M | 0.24% | 351,270 | 0 | Held |
| Crown Castle Inc. (CCI) | $27.2M | 0.23% | 358,530 | -44,110 | Trimmed |
| Diversified Healthcare Trust (DHC) | $26.6M | 0.23% | 2,862,591 | +160 | Held |
| CubeSmart (CUBE) | $25.8M | 0.22% | 647,746 | -937,368 | Trimmed |
| Avalonbay Cmntys Inc. (AVB) | $19.8M | 0.17% | 104,960 | +370 | Added |
| Empire State Realty Trust, Inc. (ESRT) | $19.4M | 0.17% | 3,580,271 | +328,499 | Added |
| Vesta Real Estate Corp. (VTMX) | $19.3M | 0.17% | 563,015 | +224,955 | Added |
| Piedmont Realty Trust, Inc. (PDM) | $14.1M | 0.12% | 1,537,347 | -1,942,126 | Trimmed |
| Federal Realty Investment Trust (FRT) | $13.1M | 0.11% | 106,401 | -239,565 | Trimmed |
| SBA Communications Corp. (SBAC) | $13.1M | 0.11% | 74,110 | +1,220 | Added |
| Eastgroup Properties Inc. (EGP) | $11.9M | 0.10% | 58,771 | -24,270 | Trimmed |
| Hilton Worldwide Holdings Inc. (HLT) | $7.7M | 0.07% | 23,431 | -2,300 | Trimmed |
| Weyerhaeuser Co. (WY) | $7.6M | 0.06% | 315,599 | -19,150 | Trimmed |
| Healthpeak Properties, Inc. (DOC) | $4.0M | 0.03% | 186,344 | -157,788 | Trimmed |
| National Health Investors Inc. (NHI) | $3.6M | 0.03% | 46,662 | -416,870 | Trimmed |
| Terreno Realty Corp. (TRNO) | $3.5M | 0.03% | 54,200 | -1,000 | Trimmed |
| Bxp, Inc. (BXP) | $3.3M | 0.03% | 50,371 | +36,111 | Added |
| Copt Defense Properties (CDP) | $1.9M | 0.02% | 51,500 | -500 | Trimmed |
| CBRE Group, Inc. (CBRE) | $1.5M | 0.01% | 11,440 | -390 | Trimmed |
| Blackstone Digital Infrastru (BXDC) | $767.9K | 0.01% | 35,500 | +35,500 | New position |
| W. P. Carey Inc. (WPC) | $715.3K | 0.01% | 10,004 | 0 | Held |
| Healthcare Realty Trust Inc. (HR) | $552.2K | 0.01% | 27,377 | -6,401,490 | Trimmed |
| Douglas Emmett Inc. (DEI) | $469.1K | 0.00% | 39,750 | 0 | Held |
| Essential Properties Realty Trust, Inc. (EPRT) | $432.5K | 0.00% | 14,490 | +320 | Added |
| Jones Lang Lasalle Inc. (JLL) | $393.6K | 0.00% | 1,270 | +140 | Added |
| NextEra Energy Inc. (NEE) | $373.0K | 0.00% | 4,250 | -500 | Trimmed |
| Four Corners Property Trust, Inc. (FCPT) | $355.0K | 0.00% | 14,460 | +320 | Added |
| Core Scientific, Inc. (CORZ) | $294.3K | 0.00% | 11,500 | +11,500 | New position |
| Sunstone Hotel Investors, Inc. (SHO) | $171.6K | 0.00% | 14,990 | -1,304,936 | Trimmed |