| Welltower Inc. (WELL) | $8.4B | 13.22% | 36,821,274 | +975,997 | Added |
| Digital Realty Trust, Inc. (DLR) | $5.2B | 8.30% | 29,229,771 | +1,052,314 | Added |
| Prologis, Inc. (PLD) | $3.1B | 4.89% | 22,841,902 | -446,172 | Trimmed |
| Crown Castle Inc. (CCI) | $3.0B | 4.68% | 39,084,710 | -1,279,647 | Trimmed |
| Equinix Inc. (EQIX) | $2.3B | 3.61% | 2,191,196 | -640,214 | Trimmed |
| American Tower Corp. (AMT) | $2.3B | 3.56% | 13,777,789 | +1,157,923 | Added |
| Extra Space Storage Inc. (EXR) | $1.9B | 2.96% | 12,896,053 | -3,516,403 | Trimmed |
| Public Storage (PSA) | $1.7B | 2.64% | 5,238,349 | +829,072 | Added |
| Sun Communities Inc. (SUI) | $1.6B | 2.54% | 13,398,864 | +1,335,449 | Added |
| Iron Mountain Inc. (IRM) | $1.5B | 2.40% | 12,019,735 | -4,149,606 | Trimmed |
| Bxp, Inc. (BXP) | $1.5B | 2.39% | 22,784,376 | +1,935,049 | Added |
| Kimco Realty Corp. (KIM) | $1.4B | 2.27% | 56,641,276 | +2,927,563 | Added |
| Essex Property Trust, Inc. (ESS) | $1.4B | 2.27% | 4,914,673 | +71,547 | Added |
| Simon Property Group Inc. (SPG) | $1.3B | 2.08% | 5,870,615 | -11,392 | Trimmed |
| Agree Realty Corp. (ADC) | $1.2B | 1.97% | 16,403,414 | -1,460,930 | Trimmed |
| Essential Properties Realty Trust, Inc. (EPRT) | $1.2B | 1.83% | 38,828,414 | +9,221,057 | Added |
| Invitation Homes Inc. (INVH) | $1.1B | 1.77% | 37,129,067 | +1,950,091 | Added |
| Omega Healthcare Investors Inc. (OHI) | $1.1B | 1.73% | 22,936,053 | +10,958,512 | Added |
| Healthcare Realty Trust Inc. (HR) | $1.1B | 1.70% | 53,261,400 | +814,918 | Added |
| Host Hotels & Resorts, Inc. (HST) | $1.1B | 1.68% | 44,820,149 | -10,304,218 | Trimmed |
| Equity Lifestyle Properties Inc. (ELS) | $959.5M | 1.52% | 14,888,121 | +3,857,089 | Added |
| Eastgroup Properties Inc. (EGP) | $759.4M | 1.20% | 3,749,648 | +82,497 | Added |
| Kite Realty Group Trust (KRG) | $755.8M | 1.20% | 26,631,121 | +625,744 | Added |
| Outfront Media Inc. (OUT) | $708.9M | 1.12% | 21,638,973 | +119,409 | Added |
| Udr, Inc. (UDR) | $615.5M | 0.97% | 15,418,373 | -5,346,925 | Trimmed |
| NextEra Energy Inc. (NEE) | $595.9M | 0.94% | 6,789,461 | -147,388 | Trimmed |
| SBA Communications Corp. (SBAC) | $573.1M | 0.91% | 3,247,729 | +114,488 | Added |
| Boyd Gaming Corp. (BYD) | $554.8M | 0.88% | 6,281,240 | +3,810,730 | Added |
| Williams Companies, Inc. (WMB) | $518.6M | 0.82% | 6,976,340 | +397,763 | Added |
| CareTrust REIT, Inc. (CTRE) | $514.5M | 0.81% | 12,751,614 | +768,238 | Added |
| Highwoods Properties, Inc. (HIW) | $507.7M | 0.80% | 16,834,467 | +4,424,084 | Added |
| Rayonier Inc. (RYN) | $466.8M | 0.74% | 21,936,120 | +245,116 | Added |
| Weyerhaeuser Co. (WY) | $430.0M | 0.68% | 17,960,772 | -1,314,488 | Trimmed |
| Acadia Realty Trust (AKR) | $421.3M | 0.67% | 20,149,944 | +3,882,116 | Added |
| Realty Income Corp. (O) | $415.9M | 0.66% | 6,712,849 | +49,391 | Added |
| CSX Corp. (CSX) | $413.7M | 0.65% | 8,703,638 | +474,424 | Added |
| Entergy Corp. (ETR) | $405.1M | 0.64% | 3,526,533 | +488,156 | Added |
| Union Pacific Corp. (UNP) | $384.7M | 0.61% | 1,414,296 | +71,471 | Added |
| Ventas, Inc. (VTR) | $366.7M | 0.58% | 4,129,357 | -1,876,082 | Trimmed |
| Blackstone Digital Infrastru (BXDC) | $356.1M | 0.56% | 16,464,194 | +16,464,194 | New position |
| Pacs Group, Inc. (PACS) | $355.8M | 0.56% | 8,343,381 | -779,755 | Trimmed |
| Netstreit Corp. (NTST) | $344.3M | 0.55% | 16,295,578 | +1,495,366 | Added |
| Lamar Advertising Co. (LAMR) | $329.4M | 0.52% | 2,111,982 | -298,107 | Trimmed |
| SL Green Realty Corp. (SLG) | $322.6M | 0.51% | 6,231,135 | +2,516,842 | Added |
| Vivmark Residential (VMRK) | $308.4M | 0.49% | 4,539,301 | -1,912,116 | Trimmed |
| CubeSmart (CUBE) | $287.4M | 0.45% | 7,226,516 | +7,226,516 | New position |
| Targa Resources Corp. (TRGP) | $287.0M | 0.45% | 1,070,171 | +36,874 | Added |
| Evergy, Inc. (EVRG) | $259.3M | 0.41% | 3,000,180 | +830,993 | Added |
| Gaming & Leisure Properties, Inc. (GLPI) | $250.3M | 0.40% | 5,622,019 | -2,585,430 | Trimmed |
| Norfolk Southern Corp. (NSC) | $244.5M | 0.39% | 777,270 | +33,130 | Added |
| Nisource Inc. (NI) | $235.1M | 0.37% | 4,943,589 | +245,616 | Added |
| NNN REIT, Inc. (NNN) | $231.7M | 0.37% | 4,979,814 | +4,734,411 | Added |
| American Electric Power Co. Inc. (AEP) | $231.6M | 0.37% | 1,692,618 | +1,691,243 | Added |
| Alliant Energy Corp. (LNT) | $230.1M | 0.36% | 3,016,592 | -259,668 | Trimmed |
| American Healthcare REIT, Inc. (AHR) | $221.2M | 0.35% | 4,242,293 | +4,242,293 | New position |
| Kilroy Realty Corp. (KRC) | $216.2M | 0.34% | 5,769,920 | -2,175,584 | Trimmed |
| Ameren Corp. (AEE) | $215.5M | 0.34% | 1,906,537 | +78,240 | Added |
| National Storage Affiliates (NSA) | $212.9M | 0.34% | 4,788,045 | +293,481 | Added |
| Duke Energy Corp. (DUK) | $194.8M | 0.31% | 1,538,590 | -76,383 | Trimmed |
| Pg&E Corp. (PCG) | $183.2M | 0.29% | 10,889,561 | +2,345,046 | Added |
| PPL Corp. (PPL) | $171.4M | 0.27% | 4,716,321 | +2,304,912 | Added |
| Xcel Energy Inc. (XEL) | $169.0M | 0.27% | 2,104,718 | +241,692 | Added |
| First Industrial Realty Trust Inc. (FR) | $168.0M | 0.27% | 2,740,112 | +10,914 | Added |
| Dominion Energy, Inc. (D) | $160.2M | 0.25% | 2,345,231 | +393,207 | Added |
| Hudson Pacific Properties, Inc. (HPP) | $149.6M | 0.24% | 9,847,531 | +203,990 | Added |
| Black Hills Corp. (BKH) | $119.6M | 0.19% | 1,607,981 | +339,707 | Added |
| DiamondRock Hospitality Co. (DRH) | $115.4M | 0.18% | 9,476,430 | -553,563 | Trimmed |
| Atmos Energy Corp. (ATO) | $110.5M | 0.17% | 641,326 | -158,920 | Trimmed |
| CMS Energy Corp. (CMS) | $100.6M | 0.16% | 1,315,142 | +1,315,142 | New position |
| Ryman Hospitality Properties, Inc. (RHP) | $99.6M | 0.16% | 774,703 | -17,512 | Trimmed |
| OGE Energy Corp. (OGE) | $99.2M | 0.16% | 2,037,763 | +20,984 | Added |
| Curbline Properties Corp. (CURB) | $87.3M | 0.14% | 2,871,094 | -117,626 | Trimmed |
| DTE Energy Co. (DTE) | $84.1M | 0.13% | 552,070 | -452,566 | Trimmed |
| Energy Transfer LP (ET) | $82.2M | 0.13% | 4,298,185 | +747,575 | Added |
| SPDR Gold MiniShares (GLDM) | $78.3M | 0.12% | 985,318 | -132,200 | Trimmed |
| Sempra (SRE) | $74.4M | 0.12% | 802,657 | -2,516,405 | Trimmed |
| Piedmont Realty Trust, Inc. (PDM) | $74.0M | 0.12% | 8,088,690 | +661,633 | Added |
| Kinetik Holdings Inc. (KNTK) | $73.3M | 0.12% | 1,516,790 | +22,625 | Added |
| Public Service Enterprise Group Inc. (PEG) | $67.3M | 0.11% | 828,787 | 0 | Held |
| Mplx LP (MPLX) | $66.4M | 0.10% | 1,178,658 | +248,907 | Added |
| Southern Co. (SO) | $66.2M | 0.10% | 691,562 | 0 | Held |
| Invesco Exch Traded FD Trust II (PGX) | $60.3M | 0.10% | 5,566,778 | +5,263,632 | Added |
| Venture Global, Inc. (VG) | $60.2M | 0.10% | 5,412,017 | +403,773 | Added |
| Southwest Gas Holdings, Inc. (SWX) | $55.1M | 0.09% | 621,124 | +158,404 | Added |
| Edison International (EIX) | $49.9M | 0.08% | 669,640 | 0 | Held |
| Plains ALL American Pipeline LP (PAA) | $44.1M | 0.07% | 1,979,254 | 0 | Held |
| Kinder Morgan, Inc. (KMI) | $43.1M | 0.07% | 1,348,160 | +1,999 | Added |
| Bunge Global SA (BG) | $33.6M | 0.05% | 315,281 | +91,883 | Added |
| ONEOK Inc. (OKE) | $28.4M | 0.04% | 326,286 | -10,780 | Trimmed |
| Adams Express Company (ADX) | $28.1M | 0.04% | 1,101,635 | -20,000 | Trimmed |
| Nutrien Ltd. (NTR) | $28.0M | 0.04% | 444,976 | +167,005 | Added |
| PIMCO Dynamic Income FD (PDI) | $25.3M | 0.04% | 1,514,050 | +87,186 | Added |
| BlackRock Cap Allocation Ter (BCAT) | $25.1M | 0.04% | 1,572,657 | -75,000 | Trimmed |
| Valero Energy Corp. (VLO) | $24.6M | 0.04% | 94,430 | +28,549 | Added |
| ConocoPhillips (COP) | $24.2M | 0.04% | 232,513 | -33,991 | Trimmed |
| Corteva, Inc. (CTVA) | $22.9M | 0.04% | 270,465 | +47,524 | Added |
| Phillips 66 (PSX) | $22.0M | 0.04% | 130,387 | +130,387 | New position |
| Franco Nev Corp. (FNV) | $21.9M | 0.04% | 105,279 | +56,428 | Added |
| Freeport-McMoRan Inc. (FCX) | $21.6M | 0.03% | 342,888 | +81,115 | Added |
| Sunococorp LLC C (SUNC) | $21.5M | 0.03% | 317,904 | 0 | Held |