Q4 2022 Holdings
Filed 2023-02-14 | 38 holdings | $1.6B | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| JBG Smith Pptys(JBGS) | COM | 46590V100 | $161.8M | 8,522,716 | 9.9% |
| Avalonbay Cmntys Inc(AVB) | COM | 053484101 | $124.0M | 767,824 | 7.6% |
| Camden Ppty TR(CPT) | SH BEN INT | 133131102 | $106.1M | 948,280 | 6.5% |
| Spirit Rlty Cap Inc New(SRCUSD) | COM NEW | 84860W300 | $92.3M | 2,311,427 | 5.6% |
| Independence Rlty TR Inc(IRT) | COM | 45378A106 | $88.3M | 5,237,534 | 5.4% |
| LXP Industrial Trust(LXPUSD) | COM | 529043101 | $83.3M | 8,316,393 | 5.1% |
| UDR Inc(UDR) | COM | 902653104 | $73.4M | 1,896,011 | 4.5% |
| Forestar Group Inc(FOR) | COM | 346232101 | $72.1M | 4,681,873 | 4.4% |
| Life Storage Inc(SSS1EUR) | COM | 53223X107 | $69.1M | 701,096 | 4.2% |
| Equity Residential(EQR) | SH BEN INT | 29476L107 | $63.4M | 1,073,923 | 3.9% |
| D R Horton Inc(DHI) | COM | 23331A109 | $54.1M | 606,388 | 3.3% |
| Fomento Economico Mexicano S(FMX) | SPON ADR UNITS | 344419106 | $51.2M | 655,882 | 3.1% |
| Stag Indl Inc(STAG) | COM | 85254J102 | $48.8M | 1,509,039 | 3.0% |
| Kilroy Rlty Corp(KRC) | COM | 49427F108 | $47.9M | 1,238,143 | 2.9% |
| Marriott Vacations Worldwide(VAC) | COM | 57164Y107 | $44.7M | 331,761 | 2.7% |
| Apartment Invt & Mgmt Co(AIV) | CL A | 03748R747 | $41.4M | 5,810,366 | 2.5% |
| Madison Square Grdn Sprt COR(MSGS) | CL A | 55825T103 | $41.0M | 223,673 | 2.5% |
| American Homes 4 Rent(AMH) | CL A | 02665T306 | $35.0M | 1,160,561 | 2.1% |
| First Indl Rlty TR Inc(FR) | COM | 32054K103 | $32.7M | 676,889 | 2.0% |
| Apartment Income REIT Corp(AIRCUSD) | COM | 03750L109 | $29.8M | 869,909 | 1.8% |
| Safehold Inc(SAFE2EUR) | COM | 78645L100 | $26.1M | 913,523 | 1.6% |
| Melco Resorts and Entmnt LTD(MLCO) | ADR | 585464100 | $25.5M | 2,213,063 | 1.6% |
| Meritage Homes Corp(MTH) | COM | 59001A102 | $23.8M | 257,613 | 1.5% |
| Hilton Worldwide Hldgs Inc(HLT) | COM | 43300A203 | $22.1M | 175,000 | 1.4% |
| Sherwin Williams Co(SHW) | COM | 824348106 | $22.0M | 92,900 | 1.3% |
| Brookfield Corp(BN) | CL A LTD VT SH | 11271J107 | $21.8M | 759,600 | 1.3% |
| Essential Pptys Rlty TR Inc(EPRT) | COM | 29670E107 | $18.3M | 779,763 | 1.1% |
| SIX Flags Entmt Corp New(SIXEUR) | COM | 83001A102 | $18.1M | 776,919 | 1.1% |
| Hilton Grand Vacations Inc(HGV) | COM | 43283X105 | $17.7M | 458,897 | 1.1% |
| Travel Plus Leisure Co(TNL) | COM | 894164102 | $16.4M | 449,426 | 1.0% |
| Broadstone NET Lease Inc(BNL) | COM | 11135E203 | $11.9M | 736,220 | 0.7% |
| Prologis Inc.(PLD) | COM | 74340W103 | $11.3M | 100,000 | 0.7% |
| U Haul Holding Company(UHAL) | COM | 023586100 | $10.2M | 170,148 | 0.6% |
| Sunstone Hotel Invs Inc New(SHO) | COM | 867892101 | $9.1M | 940,059 | 0.6% |
| Five Point Holdings LLC(FPH) | COM CL A | 33833Q106 | $7.3M | 3,127,395 | 0.4% |
| RLJ Lodging TR(RLJ) | COM | 74965L101 | $6.2M | 587,834 | 0.4% |
| Smartrent Inc(SMRT) | COM CL A | 83193G107 | $3.7M | 1,512,759 | 0.2% |
| Agnc Invt Corp(AGNC) | COM | 00123Q104 | $2.7M | 260,600 | 0.2% |