Pensionfund Sabic — Q1 2025 13F Holdings

Holdings as of March 31, 2025

Portfolio value

$335.36M

Holdings count

215

215 positions reported

Accession #

0001297731-25-000003

Form 13F-HR

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All Reported Positions

215 positions sorted by value

215 positions

Issuer	CUSIP	Valuev	Weight	Shares/Prin.	Discretion	Voting (Sole/Shared/None)
MICROSOFT CORPCOMMON STOCK	594918104	$7.62M	2.27%	20,290shares	SOLE	0 / 0 / 20,290
APPLE INCCOMMON STOCK	037833100	$7.62M	2.27%	34,280shares	SOLE	0 / 0 / 34,280
META PLATFORMS INC-CLASS ACOMMON STOCK	30303M102	$7.55M	2.25%	13,100shares	SOLE	0 / 0 / 13,100
Prologis IncCOMMON STOCK	74340W103	$6.47M	1.93%	57,858shares	SOLE	0 / 0 / 57,858
JPMORGAN CHASE and COCOMMON STOCK	46625H100	$5.62M	1.67%	22,900shares	SOLE	0 / 0 / 22,900
NVIDIA CORPCOMMON STOCK	67066G104	$5.20M	1.55%	48,000shares	SOLE	0 / 0 / 48,000
VISA INC-CLASS A SHARESCOMMON STOCK	92826C839	$5.08M	1.52%	14,500shares	SOLE	0 / 0 / 14,500
UNITEDHEALTH GROUP INCCOMMON STOCK	91324P102	$4.32M	1.29%	8,250shares	SOLE	0 / 0 / 8,250
Welltower IncCOMMON STOCK	95040Q104	$4.22M	1.26%	27,559shares	SOLE	0 / 0 / 27,559
MASTERCARD INC - ACOMMON STOCK	57636Q104	$4.17M	1.24%	7,600shares	SOLE	0 / 0 / 7,600
BROADCOM INCCOMMON STOCK	11135F101	$4.04M	1.20%	24,100shares	SOLE	0 / 0 / 24,100
Equinix IncCOMMON STOCK	29444U700	$3.99M	1.19%	4,890shares	SOLE	0 / 0 / 4,890
Realty Income CorpCOMMON STOCK	756109104	$3.87M	1.15%	66,738shares	SOLE	0 / 0 / 66,738
JOHNSON and JOHNSONCOMMON STOCK	478160104	$3.86M	1.15%	23,300shares	SOLE	0 / 0 / 23,300
ALPHABET INC-CL ACOMMON STOCK	02079K305	$3.82M	1.14%	24,700shares	SOLE	0 / 0 / 24,700
PROCTER and GAMBLE CO/THECOMMON STOCK	742718109	$3.78M	1.13%	22,200shares	SOLE	0 / 0 / 22,200
ABBVIE INCCOMMON STOCK	00287Y109	$3.71M	1.11%	17,700shares	SOLE	0 / 0 / 17,700
COSTCO WHOLESALE CORPCOMMON STOCK	22160K105	$3.69M	1.10%	3,900shares	SOLE	0 / 0 / 3,900
HOME DEPOT INCCOMMON STOCK	437076102	$3.52M	1.05%	9,600shares	SOLE	0 / 0 / 9,600
WALMART INCCOMMON STOCK	931142103	$3.46M	1.03%	39,400shares	SOLE	0 / 0 / 39,400
ALPHABET INC-CL CCOMMON STOCK	02079K107	$3.30M	0.98%	21,100shares	SOLE	0 / 0 / 21,100
Simon Property Group IncCOMMON STOCK	828806109	$3.19M	0.95%	19,206shares	SOLE	0 / 0 / 19,206
Digital Realty Trust IncCOMMON STOCK	253868103	$3.12M	0.93%	21,747shares	SOLE	0 / 0 / 21,747
Public StorageCOMMON STOCK	74460D109	$3.06M	0.91%	10,213shares	SOLE	0 / 0 / 10,213
CISCO SYSTEMS INCCOMMON STOCK	17275R102	$3.02M	0.90%	49,000shares	SOLE	0 / 0 / 49,000
VICI Properties IncCOMMON STOCK	925652109	$3.02M	0.90%	92,500shares	SOLE	0 / 0 / 92,500
ABBOTT LABORATORIESCOMMON STOCK	002824100	$2.79M	0.83%	21,000shares	SOLE	0 / 0 / 21,000
INTL BUSINESS MACHINES CORPCOMMON STOCK	459200101	$2.79M	0.83%	11,200shares	SOLE	0 / 0 / 11,200
MERCK and CO. INC.COMMON STOCK	58933Y105	$2.60M	0.78%	29,000shares	SOLE	0 / 0 / 29,000
ATandT INCCOMMON STOCK	00206R102	$2.53M	0.75%	89,500shares	SOLE	0 / 0 / 89,500
VERIZON COMMUNICATIONS INCCOMMON STOCK	92343V104	$2.47M	0.74%	54,500shares	SOLE	0 / 0 / 54,500
PEPSICO INCCOMMON STOCK	713448108	$2.43M	0.72%	16,200shares	SOLE	0 / 0 / 16,200
AMGEN INCCOMMON STOCK	031162100	$2.31M	0.69%	7,400shares	SOLE	0 / 0 / 7,400
QUALCOMM INCCOMMON STOCK	747525103	$2.24M	0.67%	14,600shares	SOLE	0 / 0 / 14,600
Ventas IncCOMMON STOCK	92276F100	$2.21M	0.66%	32,205shares	SOLE	0 / 0 / 32,205
ADOBE INCCOMMON STOCK	00724F101	$2.19M	0.65%	5,700shares	SOLE	0 / 0 / 5,700
GILEAD SCIENCES INCCOMMON STOCK	375558103	$2.19M	0.65%	19,500shares	SOLE	0 / 0 / 19,500
AvalonBay Communities IncCOMMON STOCK	053484101	$2.13M	0.63%	9,902shares	SOLE	0 / 0 / 9,902
BOOKING HOLDINGS INCCOMMON STOCK	09857L108	$2.12M	0.63%	460shares	SOLE	0 / 0 / 460
UNION PACIFIC CORPCOMMON STOCK	907818108	$2.10M	0.63%	8,900shares	SOLE	0 / 0 / 8,900
BRISTOL-MYERS SQUIBB COCOMMON STOCK	110122108	$2.09M	0.62%	34,300shares	SOLE	0 / 0 / 34,300
MARSH and MCLENNAN COSCOMMON STOCK	571748102	$2.07M	0.62%	8,500shares	SOLE	0 / 0 / 8,500
Healthpeak Properties IncCOMMON STOCK	42250P103	$2.02M	0.60%	99,755shares	SOLE	0 / 0 / 99,755
AUTOMATIC DATA PROCESSINGCOMMON STOCK	053015103	$2.02M	0.60%	6,600shares	SOLE	0 / 0 / 6,600
BLACKROCK INCCOMMON STOCK	09290D101	$1.99M	0.59%	2,100shares	SOLE	0 / 0 / 2,100
PFIZER INCCOMMON STOCK	717081103	$1.90M	0.57%	75,000shares	SOLE	0 / 0 / 75,000
ELEVANCE HEALTH INCCOMMON STOCK	036752103	$1.89M	0.56%	4,350shares	SOLE	0 / 0 / 4,350
LOWE'S COS INCCOMMON STOCK	548661107	$1.89M	0.56%	8,100shares	SOLE	0 / 0 / 8,100
MCKESSON CORPCOMMON STOCK	58155Q103	$1.85M	0.55%	2,750shares	SOLE	0 / 0 / 2,750
APPLIED MATERIALS INCCOMMON STOCK	038222105	$1.83M	0.55%	12,600shares	SOLE	0 / 0 / 12,600
KINDER MORGAN INCCOMMON STOCK	49456B101	$1.78M	0.53%	62,500shares	SOLE	0 / 0 / 62,500
Equity ResidentialCOMMON STOCK	29476L107	$1.78M	0.53%	24,853shares	SOLE	0 / 0 / 24,853
LAM RESEARCH CORPCOMMON STOCK	512807306	$1.76M	0.52%	24,200shares	SOLE	0 / 0 / 24,200
O'REILLY AUTOMOTIVE INCCOMMON STOCK	67103H107	$1.75M	0.52%	1,220shares	SOLE	0 / 0 / 1,220
KLA CORPCOMMON STOCK	482480100	$1.73M	0.52%	2,550shares	SOLE	0 / 0 / 2,550
AON PLC-CLASS ACOMMON STOCK	000000000	$1.72M	0.51%	4,300shares	SOLE	0 / 0 / 4,300
MOTOROLA SOLUTIONS INCCOMMON STOCK	620076307	$1.66M	0.50%	3,800shares	SOLE	0 / 0 / 3,800
Iron Mountain IncCOMMON STOCK	46284V101	$1.66M	0.50%	19,300shares	SOLE	0 / 0 / 19,300
Realty Income CorpCOMMON STOCK	756109104	$1.65M	0.49%	28,500shares	SOLE	0 / 0 / 28,500
SHERWIN-WILLIAMS CO/THECOMMON STOCK	824348106	$1.64M	0.49%	4,700shares	SOLE	0 / 0 / 4,700
EXELON CORPCOMMON STOCK	30161N101	$1.64M	0.49%	35,500shares	SOLE	0 / 0 / 35,500
TRAVELERS COS INC/THECOMMON STOCK	89417E109	$1.59M	0.47%	6,000shares	SOLE	0 / 0 / 6,000
VICI Properties IncCOMMON STOCK	925652109	$1.58M	0.47%	48,500shares	SOLE	0 / 0 / 48,500
PAYCHEX INCCOMMON STOCK	704326107	$1.58M	0.47%	10,250shares	SOLE	0 / 0 / 10,250
ZOETIS INCCOMMON STOCK	98978V103	$1.58M	0.47%	9,600shares	SOLE	0 / 0 / 9,600
AFLAC INCCOMMON STOCK	001055102	$1.58M	0.47%	14,200shares	SOLE	0 / 0 / 14,200
COLGATE-PALMOLIVE COCOMMON STOCK	194162103	$1.56M	0.47%	16,700shares	SOLE	0 / 0 / 16,700
AUTOZONE INCCOMMON STOCK	053332102	$1.56M	0.47%	410shares	SOLE	0 / 0 / 410
ILLINOIS TOOL WORKSCOMMON STOCK	452308109	$1.56M	0.47%	6,300shares	SOLE	0 / 0 / 6,300
CENCORA INCCOMMON STOCK	03073E105	$1.56M	0.46%	5,600shares	SOLE	0 / 0 / 5,600
WR BERKLEY CORPCOMMON STOCK	084423102	$1.55M	0.46%	21,750shares	SOLE	0 / 0 / 21,750
YUM! BRANDS INCCOMMON STOCK	988498101	$1.53M	0.46%	9,700shares	SOLE	0 / 0 / 9,700
HARTFORD FINANCIAL SVCS GRPCOMMON STOCK	416515104	$1.51M	0.45%	12,200shares	SOLE	0 / 0 / 12,200
PUBLIC SERVICE ENTERPRISE GPCOMMON STOCK	744573106	$1.48M	0.44%	18,000shares	SOLE	0 / 0 / 18,000
DOMINION ENERGY INCCOMMON STOCK	25746U109	$1.48M	0.44%	26,300shares	SOLE	0 / 0 / 26,300
FASTENAL COCOMMON STOCK	311900104	$1.47M	0.44%	19,000shares	SOLE	0 / 0 / 19,000
WP Carey IncCOMMON STOCK	92936U109	$1.47M	0.44%	23,304shares	SOLE	0 / 0 / 23,304
KIMBERLY-CLARK CORPCOMMON STOCK	494368103	$1.47M	0.44%	10,300shares	SOLE	0 / 0 / 10,300
CARDINAL HEALTH INCCOMMON STOCK	14149Y108	$1.46M	0.44%	10,600shares	SOLE	0 / 0 / 10,600
CINTAS CORPCOMMON STOCK	172908105	$1.46M	0.44%	7,100shares	SOLE	0 / 0 / 7,100
KROGER COCOMMON STOCK	501044101	$1.46M	0.43%	21,500shares	SOLE	0 / 0 / 21,500
AMERIPRISE FINANCIAL INCCOMMON STOCK	03076C106	$1.45M	0.43%	3,000shares	SOLE	0 / 0 / 3,000
OTIS WORLDWIDE CORPCOMMON STOCK	68902V107	$1.45M	0.43%	14,000shares	SOLE	0 / 0 / 14,000
ATMOS ENERGY CORPCOMMON STOCK	049560105	$1.44M	0.43%	9,300shares	SOLE	0 / 0 / 9,300
Invitation Homes IncCOMMON STOCK	46187W107	$1.44M	0.43%	41,265shares	SOLE	0 / 0 / 41,265
EBAY INCCOMMON STOCK	278642103	$1.44M	0.43%	21,200shares	SOLE	0 / 0 / 21,200
Essex Property Trust IncCOMMON STOCK	297178105	$1.43M	0.43%	4,650shares	SOLE	0 / 0 / 4,650
COGNIZANT TECH SOLUTIONS-ACOMMON STOCK	192446102	$1.42M	0.42%	18,500shares	SOLE	0 / 0 / 18,500
METLIFE INCCOMMON STOCK	59156R108	$1.41M	0.42%	17,500shares	SOLE	0 / 0 / 17,500
KEURIG DR PEPPER INCCOMMON STOCK	49271V100	$1.40M	0.42%	41,000shares	SOLE	0 / 0 / 41,000
ELECTRONIC ARTS INCCOMMON STOCK	285512109	$1.40M	0.42%	9,700shares	SOLE	0 / 0 / 9,700
SEMPRA ENERGYCOMMON STOCK	816851109	$1.38M	0.41%	19,400shares	SOLE	0 / 0 / 19,400
FAIR ISAAC CORPCOMMON STOCK	303250104	$1.38M	0.41%	750shares	SOLE	0 / 0 / 750
EVERSOURCE ENERGYCOMMON STOCK	30040W108	$1.38M	0.41%	22,200shares	SOLE	0 / 0 / 22,200
EXPEDITORS INTL WASH INCCOMMON STOCK	302130109	$1.36M	0.41%	11,300shares	SOLE	0 / 0 / 11,300
FIRSTENERGY CORPCOMMON STOCK	337932107	$1.35M	0.40%	33,500shares	SOLE	0 / 0 / 33,500
MOLINA HEALTHCARE INCCOMMON STOCK	60855R100	$1.35M	0.40%	4,100shares	SOLE	0 / 0 / 4,100
VERISIGN INCCOMMON STOCK	92343E102	$1.35M	0.40%	5,300shares	SOLE	0 / 0 / 5,300
MARKEL GROUP INCCOMMON STOCK	570535104	$1.35M	0.40%	720shares	SOLE	0 / 0 / 720
CORPAY INCCOMMON STOCK	219948106	$1.32M	0.40%	3,800shares	SOLE	0 / 0 / 3,800
CADENCE DESIGN SYS INCCOMMON STOCK	127387108	$1.32M	0.39%	5,200shares	SOLE	0 / 0 / 5,200
TRACTOR SUPPLY COMPANYCOMMON STOCK	892356106	$1.32M	0.39%	24,000shares	SOLE	0 / 0 / 24,000
Mid-America Apartment Communities IncCOMMON STOCK	59522J103	$1.32M	0.39%	7,850shares	SOLE	0 / 0 / 7,850
QUEST DIAGNOSTICS INCCOMMON STOCK	74834L100	$1.30M	0.39%	7,700shares	SOLE	0 / 0 / 7,700
JACK HENRY and ASSOCIATES INCCOMMON STOCK	426281101	$1.30M	0.39%	7,100shares	SOLE	0 / 0 / 7,100
WP Carey IncCOMMON STOCK	92936U109	$1.29M	0.39%	20,500shares	SOLE	0 / 0 / 20,500
Camden Property TrustCOMMON STOCK	133131102	$1.28M	0.38%	10,500shares	SOLE	0 / 0 / 10,500
EVERGY INCCOMMON STOCK	30034W106	$1.28M	0.38%	18,600shares	SOLE	0 / 0 / 18,600
SNAP-ON INCCOMMON STOCK	833034101	$1.28M	0.38%	3,800shares	SOLE	0 / 0 / 3,800
VERISK ANALYTICS INCCOMMON STOCK	92345Y106	$1.28M	0.38%	4,300shares	SOLE	0 / 0 / 4,300
KRAFT HEINZ CO/THECOMMON STOCK	500754106	$1.28M	0.38%	42,000shares	SOLE	0 / 0 / 42,000
HERSHEY CO/THECOMMON STOCK	427866108	$1.27M	0.38%	7,400shares	SOLE	0 / 0 / 7,400
GENERAL MILLS INCCOMMON STOCK	370334104	$1.26M	0.37%	21,000shares	SOLE	0 / 0 / 21,000
ROYALTY PHARMA PLC- CL ACOMMON STOCK	000000000	$1.25M	0.37%	40,000shares	SOLE	0 / 0 / 40,000
WW GRAINGER INCCOMMON STOCK	384802104	$1.24M	0.37%	1,250shares	SOLE	0 / 0 / 1,250
AMERICAN FINANCIAL GROUP INCCOMMON STOCK	025932104	$1.24M	0.37%	9,400shares	SOLE	0 / 0 / 9,400
Extra Space Storage IncCOMMON STOCK	30225T102	$1.23M	0.37%	8,255shares	SOLE	0 / 0 / 8,255
TEXAS INSTRUMENTS INCCOMMON STOCK	882508104	$1.22M	0.36%	6,800shares	SOLE	0 / 0 / 6,800
CUMMINS INCCOMMON STOCK	231021106	$1.22M	0.36%	3,900shares	SOLE	0 / 0 / 3,900
CVS HEALTH CORPCOMMON STOCK	126650100	$1.22M	0.36%	18,000shares	SOLE	0 / 0 / 18,000
JM SMUCKER CO/THECOMMON STOCK	832696405	$1.22M	0.36%	10,300shares	SOLE	0 / 0 / 10,300
DOMINO'S PIZZA INCCOMMON STOCK	25754A201	$1.22M	0.36%	2,650shares	SOLE	0 / 0 / 2,650
SEI INVESTMENTS COMPANYCOMMON STOCK	784117103	$1.21M	0.36%	15,600shares	SOLE	0 / 0 / 15,600
ASSURANT INCCOMMON STOCK	04621X108	$1.20M	0.36%	5,700shares	SOLE	0 / 0 / 5,700
NVR INCCOMMON STOCK	62944T105	$1.20M	0.36%	165shares	SOLE	0 / 0 / 165
GODADDY INC - CLASS ACOMMON STOCK	380237107	$1.19M	0.35%	6,600shares	SOLE	0 / 0 / 6,600
HP INCCOMMON STOCK	40434L105	$1.18M	0.35%	42,500shares	SOLE	0 / 0 / 42,500
Healthcare Realty Trust IncCOMMON STOCK	42226K105	$1.18M	0.35%	69,582shares	SOLE	0 / 0 / 69,582
DR HORTON INCCOMMON STOCK	23331A109	$1.17M	0.35%	9,200shares	SOLE	0 / 0 / 9,200
Omega Healthcare Investors IncCOMMON STOCK	681936100	$1.17M	0.35%	30,700shares	SOLE	0 / 0 / 30,700
HOLOGIC INCCOMMON STOCK	436440101	$1.16M	0.35%	18,800shares	SOLE	0 / 0 / 18,800
GENUINE PARTS COCOMMON STOCK	372460105	$1.16M	0.34%	9,700shares	SOLE	0 / 0 / 9,700
CONAGRA BRANDS INCCOMMON STOCK	205887102	$1.15M	0.34%	43,000shares	SOLE	0 / 0 / 43,000
Brixmor Property Group IncCOMMON STOCK	11120U105	$1.15M	0.34%	43,211shares	SOLE	0 / 0 / 43,211
EDISON INTERNATIONALCOMMON STOCK	281020107	$1.13M	0.34%	19,200shares	SOLE	0 / 0 / 19,200
THE CAMPBELL'S COMPANYCOMMON STOCK	134429109	$1.13M	0.34%	28,300shares	SOLE	0 / 0 / 28,300
HENRY SCHEIN INCCOMMON STOCK	806407102	$1.13M	0.34%	16,500shares	SOLE	0 / 0 / 16,500
CARLISLE COS INCCOMMON STOCK	142339100	$1.12M	0.34%	3,300shares	SOLE	0 / 0 / 3,300
DOVER CORPCOMMON STOCK	260003108	$1.12M	0.34%	6,400shares	SOLE	0 / 0 / 6,400
KEYSIGHT TECHNOLOGIES INCOMMON STOCK	49338L103	$1.12M	0.33%	7,500shares	SOLE	0 / 0 / 7,500
AGILENT TECHNOLOGIES INCCOMMON STOCK	00846U101	$1.12M	0.33%	9,600shares	SOLE	0 / 0 / 9,600
LENNOX INTERNATIONAL INCCOMMON STOCK	526107107	$1.12M	0.33%	2,000shares	SOLE	0 / 0 / 2,000
DICK'S SPORTING GOODS INCCOMMON STOCK	253393102	$1.11M	0.33%	5,500shares	SOLE	0 / 0 / 5,500
BEST BUY CO INCCOMMON STOCK	086516101	$1.10M	0.33%	15,000shares	SOLE	0 / 0 / 15,000
RPM INTERNATIONAL INCCOMMON STOCK	749685103	$1.10M	0.33%	9,500shares	SOLE	0 / 0 / 9,500
CubeSmartCOMMON STOCK	229663109	$1.10M	0.33%	25,700shares	SOLE	0 / 0 / 25,700
MASCO CORPCOMMON STOCK	574599106	$1.09M	0.33%	15,700shares	SOLE	0 / 0 / 15,700
SMITH (A.O.) CORPCOMMON STOCK	831865209	$1.08M	0.32%	16,600shares	SOLE	0 / 0 / 16,600
CDW CORP/DECOMMON STOCK	12514G108	$1.08M	0.32%	6,725shares	SOLE	0 / 0 / 6,725
NETAPP INCCOMMON STOCK	64110D104	$1.07M	0.32%	12,200shares	SOLE	0 / 0 / 12,200
PULTEGROUP INCCOMMON STOCK	745867101	$1.07M	0.32%	10,400shares	SOLE	0 / 0 / 10,400
METTLER-TOLEDO INTERNATIONALCOMMON STOCK	592688105	$1.06M	0.32%	900shares	SOLE	0 / 0 / 900
STAG Industrial IncCOMMON STOCK	85254J102	$1.06M	0.32%	29,363shares	SOLE	0 / 0 / 29,363
WILLIAMS-SONOMA INCCOMMON STOCK	969904101	$1.03M	0.31%	6,500shares	SOLE	0 / 0 / 6,500
GLOBE LIFE INCCOMMON STOCK	37959E102	$1.01M	0.30%	7,700shares	SOLE	0 / 0 / 7,700
GARTNER INCCOMMON STOCK	366651107	$1.01M	0.30%	2,400shares	SOLE	0 / 0 / 2,400
Essential Properties Realty Trust IncCOMMON STOCK	29670E107	$996K	0.30%	30,500shares	SOLE	0 / 0 / 30,500
UDR IncCOMMON STOCK	902653104	$944K	0.28%	20,888shares	SOLE	0 / 0 / 20,888
Sabra Health Care REIT IncCOMMON STOCK	78573L106	$941K	0.28%	53,874shares	SOLE	0 / 0 / 53,874
Broadstone Net Lease IncCOMMON STOCK	11135E203	$937K	0.28%	55,000shares	SOLE	0 / 0 / 55,000
National Retail Properties IncCOMMON STOCK	637417106	$930K	0.28%	21,800shares	SOLE	0 / 0 / 21,800
Camden Property TrustCOMMON STOCK	133131102	$921K	0.27%	7,531shares	SOLE	0 / 0 / 7,531
ULTA BEAUTY INCCOMMON STOCK	90384S303	$916K	0.27%	2,500shares	SOLE	0 / 0 / 2,500
American Homes 4 RentCOMMON STOCK	02665T306	$907K	0.27%	24,000shares	SOLE	0 / 0 / 24,000
Lamar Advertising CoCOMMON STOCK	512816109	$876K	0.26%	7,700shares	SOLE	0 / 0 / 7,700
BOOZ ALLEN HAMILTON HOLDINGSCOMMON STOCK	099502106	$868K	0.26%	8,300shares	SOLE	0 / 0 / 8,300
LKQ CORPCOMMON STOCK	501889208	$842K	0.25%	19,800shares	SOLE	0 / 0 / 19,800
EPR PropertiesCOMMON STOCK	26884U109	$815K	0.24%	15,500shares	SOLE	0 / 0 / 15,500
Alexandria Real Estate Equities IncCOMMON STOCK	015271109	$809K	0.24%	8,750shares	SOLE	0 / 0 / 8,750
UNITED PARCEL SERVICE-CL BCOMMON STOCK	911312106	$737K	0.22%	6,700shares	SOLE	0 / 0 / 6,700
Kite Realty Group TrustCOMMON STOCK	49803T300	$725K	0.22%	32,400shares	SOLE	0 / 0 / 32,400
Getty Realty CorpCOMMON STOCK	374297109	$702K	0.21%	22,500shares	SOLE	0 / 0 / 22,500
Host Hotels and Resorts IncCOMMON STOCK	44107P104	$694K	0.21%	48,843shares	SOLE	0 / 0 / 48,843
LXP Industrial TrustCOMMON STOCK	529043101	$675K	0.20%	78,000shares	SOLE	0 / 0 / 78,000
CareTrust REIT IncCOMMON STOCK	14174T107	$600K	0.18%	21,000shares	SOLE	0 / 0 / 21,000
Medical Properties Trust IncCOMMON STOCK	58463J304	$594K	0.18%	98,500shares	SOLE	0 / 0 / 98,500
Plymouth Industrial REIT IncCOMMON STOCK	729640102	$563K	0.17%	34,527shares	SOLE	0 / 0 / 34,527
Cousins Properties IncCOMMON STOCK	222795502	$543K	0.16%	18,400shares	SOLE	0 / 0 / 18,400
HUMANA INCCOMMON STOCK	444859102	$529K	0.16%	2,000shares	SOLE	0 / 0 / 2,000
INTERPUBLIC GROUP OF COS INCCOMMON STOCK	460690100	$516K	0.15%	19,000shares	SOLE	0 / 0 / 19,000
Global Medical REIT IncCOMMON STOCK	37954A204	$474K	0.14%	54,200shares	SOLE	0 / 0 / 54,200
UMH Properties IncCOMMON STOCK	903002103	$459K	0.14%	24,564shares	SOLE	0 / 0 / 24,564
Independence Realty Trust IncCOMMON STOCK	45378A106	$446K	0.13%	21,000shares	SOLE	0 / 0 / 21,000
National Health Investors IncCOMMON STOCK	63633D104	$443K	0.13%	6,000shares	SOLE	0 / 0 / 6,000
Boston Properties IncCOMMON STOCK	101121101	$418K	0.12%	6,214shares	SOLE	0 / 0 / 6,214
Americold Realty Trust IncCOMMON STOCK	03064D108	$412K	0.12%	19,200shares	SOLE	0 / 0 / 19,200
WATERS CORPCOMMON STOCK	941848103	$405K	0.12%	1,100shares	SOLE	0 / 0 / 1,100
CenterspaceCOMMON STOCK	15202L107	$390K	0.12%	6,019shares	SOLE	0 / 0 / 6,019
Kimco Realty CorpCOMMON STOCK	49446R109	$346K	0.10%	16,295shares	SOLE	0 / 0 / 16,295
Four Corners Property Trust IncCOMMON STOCK	35086T109	$344K	0.10%	12,000shares	SOLE	0 / 0 / 12,000
Regency Centers CorpCOMMON STOCK	758849103	$324K	0.10%	4,399shares	SOLE	0 / 0 / 4,399
Park Hotels and Resorts IncCOMMON STOCK	700517105	$311K	0.09%	29,106shares	SOLE	0 / 0 / 29,106
Brandywine Realty TrustCOMMON STOCK	105368203	$297K	0.09%	66,500shares	SOLE	0 / 0 / 66,500
Highwoods Properties IncCOMMON STOCK	431284108	$287K	0.09%	9,698shares	SOLE	0 / 0 / 9,698
RLJ Lodging TrustCOMMON STOCK	74965L101	$245K	0.07%	31,100shares	SOLE	0 / 0 / 31,100
CURBLINE PROPERTIES CORPCOMMON STOCK	23128Q101	$242K	0.07%	10,000shares	SOLE	0 / 0 / 10,000
Innovative Industrial Properties IncCOMMON STOCK	45781V101	$238K	0.07%	4,404shares	SOLE	0 / 0 / 4,404
Vornado Realty TrustCOMMON STOCK	929042109	$231K	0.07%	6,237shares	SOLE	0 / 0 / 6,237
Community Healthcare Trust IncCOMMON STOCK	20369C106	$218K	0.07%	12,000shares	SOLE	0 / 0 / 12,000
Apple Hospitality REIT IncCOMMON STOCK	03784Y200	$207K	0.06%	16,000shares	SOLE	0 / 0 / 16,000
TANGER INCCOMMON STOCK	875465106	$203K	0.06%	6,000shares	SOLE	0 / 0 / 6,000
Outfront Media IncCOMMON STOCK	69007J304	$191K	0.06%	11,808shares	SOLE	0 / 0 / 11,808
Kilroy Realty CorpCOMMON STOCK	49427F108	$180K	0.05%	5,500shares	SOLE	0 / 0 / 5,500
Macerich Co/TheCOMMON STOCK	554382101	$149K	0.04%	8,692shares	SOLE	0 / 0 / 8,692
Global Net Lease IncCOMMON STOCK	379378201	$117K	0.03%	14,492shares	SOLE	0 / 0 / 14,492
Hudson Pacific Properties IncCOMMON STOCK	444097109	$112K	0.03%	38,000shares	SOLE	0 / 0 / 38,000
Chatham Lodging TrustCOMMON STOCK	16208T102	$107K	0.03%	15,000shares	SOLE	0 / 0 / 15,000
National Storage Affiliates TrustCOMMON STOCK	637870106	$102K	0.03%	2,600shares	SOLE	0 / 0 / 2,600
Summit Hotel Properties IncCOMMON STOCK	866082100	$101K	0.03%	18,700shares	SOLE	0 / 0 / 18,700
Pebblebrook Hotel TrustCOMMON STOCK	70509V100	$64K	0.02%	6,355shares	SOLE	0 / 0 / 6,355
SITE Centers CorpCOMMON STOCK	82981J851	$64K	0.02%	5,000shares	SOLE	0 / 0 / 5,000
Diversified Healthcare TrustCOMMON STOCK	25525P107	$48K	0.01%	20,000shares	SOLE	0 / 0 / 20,000
Power REITCOMMON STOCK	73933H101	$34K	0.01%	29,948shares	SOLE	0 / 0 / 29,948
RETAIL VALUE INC liquidatedCOMMON STOCK	000000000	$0	0.00%	108shares	SOLE	0 / 0 / 108
NEW YORK REIT INC liquidation shsCOMMON STOCK	64976L208	$0	0.00%	2,200shares	SOLE	0 / 0 / 2,200

Filing Metadata

Form type

13F-HR

Filing date

Jun 30, 2025

Holdings as of

March 31, 2025

Accession

0001297731-25-000003

CIK

0001637246

View on SEC

Portfolio Snapshot

Total Portfolio Value

$335.36M

Number of Positions

215

215 reported by filer

Top 10 Concentration

17.3%

Top 20 Concentration

28.5%

Unique Issuers

209

By CUSIP

Avg. Position Size

$1.56M

Across 215 holdings

Top 5 Holdings

MICROSOFT CORP2.3%

APPLE INC2.3%

META PLATFORMS INC-CLASS A2.3%

Prologis Inc1.9%

JPMORGAN CHASE and CO1.7%