Pensionfund Sabic — Q3 2025 13F Holdings

Holdings as of September 30, 2025

Portfolio value

$366.55M

Holdings count

219

219 positions reported

Accession #

0001637246-26-000010

Form 13F-HR

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All Reported Positions

219 positions sorted by value

219 positions

Issuer	CUSIP	Valuev	Weight	Shares/Prin.	Discretion	Voting (Sole/Shared/None)
NVIDIA CORPCOMMON STOCK	67066G104	$10.39M	2.84%	55,700shares	SOLE	0 / 0 / 55,700
MICROSOFT CORPCOMMON STOCK	594918104	$10.30M	2.81%	19,890shares	SOLE	0 / 0 / 19,890
BROADCOM INCCOMMON STOCK	11135F101	$10.10M	2.75%	30,600shares	SOLE	0 / 0 / 30,600
META PLATFORMS INC-CLASS ACOMMON STOCK	30303M102	$8.96M	2.44%	12,200shares	SOLE	0 / 0 / 12,200
APPLE INCCOMMON STOCK	037833100	$8.86M	2.42%	34,780shares	SOLE	0 / 0 / 34,780
AMAZON.COM INCCOMMON STOCK	023135106	$7.46M	2.04%	34,000shares	SOLE	0 / 0 / 34,000
JPMORGAN CHASE and COCOMMON STOCK	46625H100	$7.35M	2.01%	23,300shares	SOLE	0 / 0 / 23,300
Prologis IncCOMMON STOCK	74340W103	$6.70M	1.83%	58,458shares	SOLE	0 / 0 / 58,458
ALPHABET INC-CL ACOMMON STOCK	02079K305	$6.00M	1.64%	24,700shares	SOLE	0 / 0 / 24,700
ALPHABET INC-CL CCOMMON STOCK	02079K107	$5.24M	1.43%	21,500shares	SOLE	0 / 0 / 21,500
Welltower IncCOMMON STOCK	95040Q104	$5.09M	1.39%	28,559shares	SOLE	0 / 0 / 28,559
Equinix IncCOMMON STOCK	29444U700	$5.00M	1.37%	6,390shares	SOLE	0 / 0 / 6,390
VISA INC-CLASS A SHARESCOMMON STOCK	92826C839	$4.92M	1.34%	14,400shares	SOLE	0 / 0 / 14,400
MASTERCARD INC - ACOMMON STOCK	57636Q104	$4.32M	1.18%	7,600shares	SOLE	0 / 0 / 7,600
JOHNSON and JOHNSONCOMMON STOCK	478160104	$4.32M	1.18%	23,300shares	SOLE	0 / 0 / 23,300
ABBVIE INCCOMMON STOCK	00287Y109	$4.08M	1.11%	17,600shares	SOLE	0 / 0 / 17,600
WALMART INCCOMMON STOCK	931142103	$4.05M	1.10%	39,300shares	SOLE	0 / 0 / 39,300
Realty Income CorpCOMMON STOCK	756109104	$4.00M	1.09%	65,738shares	SOLE	0 / 0 / 65,738
HOME DEPOT INCCOMMON STOCK	437076102	$3.85M	1.05%	9,500shares	SOLE	0 / 0 / 9,500
Digital Realty Trust IncCOMMON STOCK	253868103	$3.71M	1.01%	21,447shares	SOLE	0 / 0 / 21,447
COSTCO WHOLESALE CORPCOMMON STOCK	22160K105	$3.52M	0.96%	3,800shares	SOLE	0 / 0 / 3,800
Simon Property Group IncCOMMON STOCK	828806109	$3.51M	0.96%	18,706shares	SOLE	0 / 0 / 18,706
PROCTER and GAMBLE CO/THECOMMON STOCK	742718109	$3.29M	0.90%	21,400shares	SOLE	0 / 0 / 21,400
CISCO SYSTEMS INCCOMMON STOCK	17275R102	$3.22M	0.88%	47,100shares	SOLE	0 / 0 / 47,100
INTL BUSINESS MACHINES CORPCOMMON STOCK	459200101	$3.08M	0.84%	10,900shares	SOLE	0 / 0 / 10,900
Public StorageCOMMON STOCK	74460D109	$2.98M	0.81%	10,313shares	SOLE	0 / 0 / 10,313
VICI Properties IncCOMMON STOCK	925652109	$2.95M	0.81%	90,500shares	SOLE	0 / 0 / 90,500
LAM RESEARCH CORPCOMMON STOCK	512807306	$2.89M	0.79%	21,600shares	SOLE	0 / 0 / 21,600
UNITEDHEALTH GROUP INCCOMMON STOCK	91324P102	$2.81M	0.77%	8,150shares	SOLE	0 / 0 / 8,150
ABBOTT LABORATORIESCOMMON STOCK	002824100	$2.64M	0.72%	19,700shares	SOLE	0 / 0 / 19,700
APPLIED MATERIALS INCCOMMON STOCK	038222105	$2.58M	0.70%	12,600shares	SOLE	0 / 0 / 12,600
MERCK and CO. INC.COMMON STOCK	58933Y105	$2.43M	0.66%	29,000shares	SOLE	0 / 0 / 29,000
KLA CORPCOMMON STOCK	482480100	$2.43M	0.66%	2,250shares	SOLE	0 / 0 / 2,250
BLACKROCK INCCOMMON STOCK	09290D101	$2.41M	0.66%	2,070shares	SOLE	0 / 0 / 2,070
QUALCOMM INCCOMMON STOCK	747525103	$2.41M	0.66%	14,500shares	SOLE	0 / 0 / 14,500
ATandT INCCOMMON STOCK	00206R102	$2.38M	0.65%	84,200shares	SOLE	0 / 0 / 84,200
VERIZON COMMUNICATIONS INCCOMMON STOCK	92343V104	$2.33M	0.63%	52,900shares	SOLE	0 / 0 / 52,900
PEPSICO INCCOMMON STOCK	713448108	$2.26M	0.62%	16,100shares	SOLE	0 / 0 / 16,100
BOOKING HOLDINGS INCCOMMON STOCK	09857L108	$2.21M	0.60%	410shares	SOLE	0 / 0 / 410
Ventas IncCOMMON STOCK	92276F100	$2.11M	0.58%	30,205shares	SOLE	0 / 0 / 30,205
AMGEN INCCOMMON STOCK	031162100	$2.09M	0.57%	7,400shares	SOLE	0 / 0 / 7,400
LOWE'S COS INCCOMMON STOCK	548661107	$2.04M	0.56%	8,100shares	SOLE	0 / 0 / 8,100
ADOBE INCCOMMON STOCK	00724F101	$2.01M	0.55%	5,700shares	SOLE	0 / 0 / 5,700
UNION PACIFIC CORPCOMMON STOCK	907818108	$1.99M	0.54%	8,400shares	SOLE	0 / 0 / 8,400
GILEAD SCIENCES INCCOMMON STOCK	375558103	$1.98M	0.54%	17,800shares	SOLE	0 / 0 / 17,800
AvalonBay Communities IncCOMMON STOCK	053484101	$1.93M	0.53%	10,002shares	SOLE	0 / 0 / 10,002
PFIZER INCCOMMON STOCK	717081103	$1.91M	0.52%	74,800shares	SOLE	0 / 0 / 74,800
O'REILLY AUTOMOTIVE INCCOMMON STOCK	67103H107	$1.86M	0.51%	17,250shares	SOLE	0 / 0 / 17,250
ELECTRONIC ARTS INCCOMMON STOCK	285512109	$1.86M	0.51%	9,200shares	SOLE	0 / 0 / 9,200
Iron Mountain IncCOMMON STOCK	46284V101	$1.84M	0.50%	18,100shares	SOLE	0 / 0 / 18,100
CADENCE DESIGN SYS INCCOMMON STOCK	127387108	$1.83M	0.50%	5,200shares	SOLE	0 / 0 / 5,200
Healthpeak Properties IncCOMMON STOCK	42250P103	$1.81M	0.50%	94,755shares	SOLE	0 / 0 / 94,755
AUTOMATIC DATA PROCESSINGCOMMON STOCK	053015103	$1.79M	0.49%	6,100shares	SOLE	0 / 0 / 6,100
MCKESSON CORPCOMMON STOCK	58155Q103	$1.78M	0.48%	2,300shares	SOLE	0 / 0 / 2,300
KINDER MORGAN INCCOMMON STOCK	49456B101	$1.74M	0.47%	61,500shares	SOLE	0 / 0 / 61,500
MOTOROLA SOLUTIONS INCCOMMON STOCK	620076307	$1.74M	0.47%	3,800shares	SOLE	0 / 0 / 3,800
Realty Income CorpCOMMON STOCK	756109104	$1.72M	0.47%	28,300shares	SOLE	0 / 0 / 28,300
MARSH and MCLENNAN COSCOMMON STOCK	571748102	$1.67M	0.46%	8,300shares	SOLE	0 / 0 / 8,300
TRAVELERS COS INC/THECOMMON STOCK	89417E109	$1.65M	0.45%	5,900shares	SOLE	0 / 0 / 5,900
AUTOZONE INCCOMMON STOCK	053332102	$1.63M	0.44%	380shares	SOLE	0 / 0 / 380
SHERWIN-WILLIAMS CO/THECOMMON STOCK	824348106	$1.63M	0.44%	4,700shares	SOLE	0 / 0 / 4,700
ILLINOIS TOOL WORKSCOMMON STOCK	452308109	$1.62M	0.44%	6,200shares	SOLE	0 / 0 / 6,200
SEMPRA ENERGYCOMMON STOCK	816851109	$1.61M	0.44%	17,900shares	SOLE	0 / 0 / 17,900
Equity ResidentialCOMMON STOCK	29476L107	$1.61M	0.44%	24,853shares	SOLE	0 / 0 / 24,853
CUMMINS INCCOMMON STOCK	231021106	$1.60M	0.44%	3,800shares	SOLE	0 / 0 / 3,800
WP Carey IncCOMMON STOCK	92936U109	$1.57M	0.43%	23,304shares	SOLE	0 / 0 / 23,304
AFLAC INCCOMMON STOCK	001055102	$1.57M	0.43%	14,100shares	SOLE	0 / 0 / 14,100
VICI Properties IncCOMMON STOCK	925652109	$1.57M	0.43%	48,300shares	SOLE	0 / 0 / 48,300
NETFLIX INCCOMMON STOCK	64110L106	$1.56M	0.43%	1,300shares	SOLE	0 / 0 / 1,300
DR HORTON INCCOMMON STOCK	23331A109	$1.54M	0.42%	9,100shares	SOLE	0 / 0 / 9,100
BRISTOL-MYERS SQUIBB COCOMMON STOCK	110122108	$1.54M	0.42%	34,200shares	SOLE	0 / 0 / 34,200
AON PLC-CLASS ACOMMON STOCK	000000000	$1.53M	0.42%	4,300shares	SOLE	0 / 0 / 4,300
CENCORA INCCOMMON STOCK	03073E105	$1.50M	0.41%	4,800shares	SOLE	0 / 0 / 4,800
DOMINION ENERGY INCCOMMON STOCK	25746U109	$1.49M	0.41%	24,400shares	SOLE	0 / 0 / 24,400
EBAY INCCOMMON STOCK	278642103	$1.49M	0.41%	16,400shares	SOLE	0 / 0 / 16,400
AMERIPRISE FINANCIAL INCCOMMON STOCK	03076C106	$1.47M	0.40%	3,000shares	SOLE	0 / 0 / 3,000
HARTFORD FINANCIAL SVCS GRPCOMMON STOCK	416515104	$1.47M	0.40%	11,000shares	SOLE	0 / 0 / 11,000
CINTAS CORPCOMMON STOCK	172908105	$1.46M	0.40%	7,100shares	SOLE	0 / 0 / 7,100
FASTENAL COCOMMON STOCK	311900104	$1.46M	0.40%	29,700shares	SOLE	0 / 0 / 29,700
NETAPP INCCOMMON STOCK	64110D104	$1.45M	0.39%	12,200shares	SOLE	0 / 0 / 12,200
METLIFE INCCOMMON STOCK	59156R108	$1.44M	0.39%	17,500shares	SOLE	0 / 0 / 17,500
Invitation Homes IncCOMMON STOCK	46187W107	$1.42M	0.39%	48,265shares	SOLE	0 / 0 / 48,265
ZOETIS INCCOMMON STOCK	98978V103	$1.39M	0.38%	9,500shares	SOLE	0 / 0 / 9,500
WP Carey IncCOMMON STOCK	92936U109	$1.39M	0.38%	20,500shares	SOLE	0 / 0 / 20,500
PULTEGROUP INCCOMMON STOCK	745867101	$1.37M	0.37%	10,400shares	SOLE	0 / 0 / 10,400
EVERSOURCE ENERGYCOMMON STOCK	30040W108	$1.37M	0.37%	19,300shares	SOLE	0 / 0 / 19,300
BANK OF AMERICA CORPCOMMON STOCK	060505104	$1.37M	0.37%	26,600shares	SOLE	0 / 0 / 26,600
FIRSTENERGY CORPCOMMON STOCK	337932107	$1.37M	0.37%	29,900shares	SOLE	0 / 0 / 29,900
WR BERKLEY CORPCOMMON STOCK	084423102	$1.37M	0.37%	17,850shares	SOLE	0 / 0 / 17,850
YUM! BRANDS INCCOMMON STOCK	988498101	$1.37M	0.37%	9,000shares	SOLE	0 / 0 / 9,000
ULTA BEAUTY INCCOMMON STOCK	90384S303	$1.37M	0.37%	2,500shares	SOLE	0 / 0 / 2,500
CARDINAL HEALTH INCCOMMON STOCK	14149Y108	$1.37M	0.37%	8,700shares	SOLE	0 / 0 / 8,700
TRACTOR SUPPLY COMPANYCOMMON STOCK	892356106	$1.36M	0.37%	23,900shares	SOLE	0 / 0 / 23,900
CVS HEALTH CORPCOMMON STOCK	126650100	$1.36M	0.37%	18,000shares	SOLE	0 / 0 / 18,000
AMERICAN FINANCIAL GROUP INCCOMMON STOCK	025932104	$1.35M	0.37%	9,300shares	SOLE	0 / 0 / 9,300
PUBLIC SERVICE ENTERPRISE GPCOMMON STOCK	744573106	$1.35M	0.37%	16,200shares	SOLE	0 / 0 / 16,200
EXELON CORPCOMMON STOCK	30161N101	$1.35M	0.37%	29,900shares	SOLE	0 / 0 / 29,900
ATMOS ENERGY CORPCOMMON STOCK	049560105	$1.31M	0.36%	7,700shares	SOLE	0 / 0 / 7,700
KEYSIGHT TECHNOLOGIES INCOMMON STOCK	49338L103	$1.31M	0.36%	7,500shares	SOLE	0 / 0 / 7,500
ELEVANCE HEALTH INCCOMMON STOCK	036752103	$1.31M	0.36%	4,050shares	SOLE	0 / 0 / 4,050
ELI LILLY and COCOMMON STOCK	532457108	$1.30M	0.35%	1,700shares	SOLE	0 / 0 / 1,700
HERSHEY CO/THECOMMON STOCK	427866108	$1.29M	0.35%	6,900shares	SOLE	0 / 0 / 6,900
EVERGY INCCOMMON STOCK	30034W106	$1.28M	0.35%	16,900shares	SOLE	0 / 0 / 16,900
MARKEL GROUP INCCOMMON STOCK	570535104	$1.28M	0.35%	670shares	SOLE	0 / 0 / 670
COLGATE-PALMOLIVE COCOMMON STOCK	194162103	$1.27M	0.35%	15,900shares	SOLE	0 / 0 / 15,900
HOLOGIC INCCOMMON STOCK	436440101	$1.27M	0.35%	18,800shares	SOLE	0 / 0 / 18,800
EXXON MOBIL CORPCOMMON STOCK	30231G102	$1.26M	0.34%	11,200shares	SOLE	0 / 0 / 11,200
EXPEDITORS INTL WASH INCCOMMON STOCK	302130109	$1.26M	0.34%	10,300shares	SOLE	0 / 0 / 10,300
ROYALTY PHARMA PLC- CL ACOMMON STOCK	000000000	$1.25M	0.34%	35,500shares	SOLE	0 / 0 / 35,500
WILLIAMS-SONOMA INCCOMMON STOCK	969904101	$1.25M	0.34%	6,400shares	SOLE	0 / 0 / 6,400
TEXAS INSTRUMENTS INCCOMMON STOCK	882508104	$1.25M	0.34%	6,800shares	SOLE	0 / 0 / 6,800
KROGER COCOMMON STOCK	501044101	$1.25M	0.34%	18,500shares	SOLE	0 / 0 / 18,500
NVR INCCOMMON STOCK	62944T105	$1.25M	0.34%	155shares	SOLE	0 / 0 / 155
Omega Healthcare Investors IncCOMMON STOCK	681936100	$1.22M	0.33%	29,000shares	SOLE	0 / 0 / 29,000
DICK'S SPORTING GOODS INCCOMMON STOCK	253393102	$1.22M	0.33%	5,500shares	SOLE	0 / 0 / 5,500
QUEST DIAGNOSTICS INCCOMMON STOCK	74834L100	$1.22M	0.33%	6,400shares	SOLE	0 / 0 / 6,400
AGILENT TECHNOLOGIES INCCOMMON STOCK	00846U101	$1.22M	0.33%	9,500shares	SOLE	0 / 0 / 9,500
SMITH (A.O.) CORPCOMMON STOCK	831865209	$1.22M	0.33%	16,600shares	SOLE	0 / 0 / 16,600
Essex Property Trust IncCOMMON STOCK	297178105	$1.22M	0.33%	4,550shares	SOLE	0 / 0 / 4,550
SNAP-ON INCCOMMON STOCK	833034101	$1.21M	0.33%	3,500shares	SOLE	0 / 0 / 3,500
ASSURANT INCCOMMON STOCK	04621X108	$1.21M	0.33%	5,600shares	SOLE	0 / 0 / 5,600
SEI INVESTMENTS COMPANYCOMMON STOCK	784117103	$1.20M	0.33%	14,100shares	SOLE	0 / 0 / 14,100
GENUINE PARTS COCOMMON STOCK	372460105	$1.19M	0.33%	8,600shares	SOLE	0 / 0 / 8,600
WW GRAINGER INCCOMMON STOCK	384802104	$1.19M	0.32%	1,250shares	SOLE	0 / 0 / 1,250
OTIS WORLDWIDE CORPCOMMON STOCK	68902V107	$1.19M	0.32%	13,000shares	SOLE	0 / 0 / 13,000
COGNIZANT TECH SOLUTIONS-ACOMMON STOCK	192446102	$1.19M	0.32%	17,700shares	SOLE	0 / 0 / 17,700
PAYCHEX INCCOMMON STOCK	704326107	$1.16M	0.32%	9,150shares	SOLE	0 / 0 / 9,150
HP INCCOMMON STOCK	40434L105	$1.15M	0.31%	42,200shares	SOLE	0 / 0 / 42,200
BEST BUY CO INCCOMMON STOCK	086516101	$1.13M	0.31%	15,000shares	SOLE	0 / 0 / 15,000
Camden Property TrustCOMMON STOCK	133131102	$1.12M	0.31%	10,500shares	SOLE	0 / 0 / 10,500
Brixmor Property Group IncCOMMON STOCK	11120U105	$1.11M	0.30%	40,211shares	SOLE	0 / 0 / 40,211
RPM INTERNATIONAL INCCOMMON STOCK	749685103	$1.11M	0.30%	9,400shares	SOLE	0 / 0 / 9,400
METTLER-TOLEDO INTERNATIONALCOMMON STOCK	592688105	$1.10M	0.30%	900shares	SOLE	0 / 0 / 900
MASCO CORPCOMMON STOCK	574599106	$1.10M	0.30%	15,700shares	SOLE	0 / 0 / 15,700
Extra Space Storage IncCOMMON STOCK	30225T102	$1.09M	0.30%	7,755shares	SOLE	0 / 0 / 7,755
VERISK ANALYTICS INCCOMMON STOCK	92345Y106	$1.08M	0.29%	4,300shares	SOLE	0 / 0 / 4,300
CDW CORP/DECOMMON STOCK	12514G108	$1.07M	0.29%	6,725shares	SOLE	0 / 0 / 6,725
CORPAY INCCOMMON STOCK	219948106	$1.07M	0.29%	3,700shares	SOLE	0 / 0 / 3,700
KIMBERLY-CLARK CORPCOMMON STOCK	494368103	$1.06M	0.29%	8,500shares	SOLE	0 / 0 / 8,500
EDISON INTERNATIONALCOMMON STOCK	281020107	$1.06M	0.29%	19,100shares	SOLE	0 / 0 / 19,100
DOVER CORPCOMMON STOCK	260003108	$1.05M	0.29%	6,300shares	SOLE	0 / 0 / 6,300
KRAFT HEINZ CO/THECOMMON STOCK	500754106	$1.04M	0.28%	40,000shares	SOLE	0 / 0 / 40,000
DOMINO'S PIZZA INCCOMMON STOCK	25754A201	$1.04M	0.28%	2,400shares	SOLE	0 / 0 / 2,400
VERISIGN INCCOMMON STOCK	92343E102	$1.03M	0.28%	3,700shares	SOLE	0 / 0 / 3,700
American Homes 4 RentCOMMON STOCK	02665T306	$1.03M	0.28%	31,000shares	SOLE	0 / 0 / 31,000
Mid-America Apartment Communities IncCOMMON STOCK	59522J103	$1.03M	0.28%	7,350shares	SOLE	0 / 0 / 7,350
GENERAL MILLS INCCOMMON STOCK	370334104	$1.01M	0.27%	20,000shares	SOLE	0 / 0 / 20,000
LENNOX INTERNATIONAL INCCOMMON STOCK	526107107	$1.01M	0.27%	1,900shares	SOLE	0 / 0 / 1,900
EPR PropertiesCOMMON STOCK	26884U109	$1.00M	0.27%	17,300shares	SOLE	0 / 0 / 17,300
Lamar Advertising CoCOMMON STOCK	512816109	$992K	0.27%	8,100shares	SOLE	0 / 0 / 8,100
CARLISLE COS INCCOMMON STOCK	142339100	$987K	0.27%	3,000shares	SOLE	0 / 0 / 3,000
JACK HENRY and ASSOCIATES INCCOMMON STOCK	426281101	$983K	0.27%	6,600shares	SOLE	0 / 0 / 6,600
National Retail Properties IncCOMMON STOCK	637417106	$971K	0.26%	22,800shares	SOLE	0 / 0 / 22,800
STAG Industrial IncCOMMON STOCK	85254J102	$966K	0.26%	27,363shares	SOLE	0 / 0 / 27,363
CubeSmartCOMMON STOCK	229663109	$964K	0.26%	23,700shares	SOLE	0 / 0 / 23,700
GLOBE LIFE INCCOMMON STOCK	37959E102	$958K	0.26%	6,700shares	SOLE	0 / 0 / 6,700
JM SMUCKER CO/THECOMMON STOCK	832696405	$956K	0.26%	8,800shares	SOLE	0 / 0 / 8,800
KEURIG DR PEPPER INCCOMMON STOCK	49271V100	$913K	0.25%	35,800shares	SOLE	0 / 0 / 35,800
Sabra Health Care REIT IncCOMMON STOCK	78573L106	$911K	0.25%	48,874shares	SOLE	0 / 0 / 48,874
GODADDY INC - CLASS ACOMMON STOCK	380237107	$889K	0.24%	6,500shares	SOLE	0 / 0 / 6,500
Broadstone Net Lease IncCOMMON STOCK	11135E203	$840K	0.23%	47,000shares	SOLE	0 / 0 / 47,000
Host Hotels and Resorts IncCOMMON STOCK	44107P104	$831K	0.23%	48,843shares	SOLE	0 / 0 / 48,843
BOOZ ALLEN HAMILTON HOLDINGSCOMMON STOCK	099502106	$830K	0.23%	8,300shares	SOLE	0 / 0 / 8,300
THE CAMPBELL'S COMPANYCOMMON STOCK	134429109	$827K	0.23%	26,200shares	SOLE	0 / 0 / 26,200
LXP Industrial TrustCOMMON STOCK	529043101	$824K	0.22%	92,000shares	SOLE	0 / 0 / 92,000
Healthcare Realty Trust IncCOMMON STOCK	42226K105	$822K	0.22%	45,582shares	SOLE	0 / 0 / 45,582
Essential Properties Realty Trust IncCOMMON STOCK	29670E107	$818K	0.22%	27,500shares	SOLE	0 / 0 / 27,500
HENRY SCHEIN INCCOMMON STOCK	806407102	$790K	0.22%	11,900shares	SOLE	0 / 0 / 11,900
UDR IncCOMMON STOCK	902653104	$778K	0.21%	20,888shares	SOLE	0 / 0 / 20,888
Camden Property TrustCOMMON STOCK	133131102	$751K	0.20%	7,031shares	SOLE	0 / 0 / 7,031
FAIR ISAAC CORPCOMMON STOCK	303250104	$748K	0.20%	500shares	SOLE	0 / 0 / 500
CONAGRA BRANDS INCCOMMON STOCK	205887102	$731K	0.20%	39,900shares	SOLE	0 / 0 / 39,900
Alexandria Real Estate Equities IncCOMMON STOCK	015271109	$729K	0.20%	8,750shares	SOLE	0 / 0 / 8,750
Cousins Properties IncCOMMON STOCK	222795502	$677K	0.18%	23,400shares	SOLE	0 / 0 / 23,400
MOLINA HEALTHCARE INCCOMMON STOCK	60855R100	$660K	0.18%	3,450shares	SOLE	0 / 0 / 3,450
CareTrust REIT IncCOMMON STOCK	14174T107	$659K	0.18%	19,000shares	SOLE	0 / 0 / 19,000
Getty Realty CorpCOMMON STOCK	374297109	$657K	0.18%	24,500shares	SOLE	0 / 0 / 24,500
Kite Realty Group TrustCOMMON STOCK	49803T300	$656K	0.18%	29,400shares	SOLE	0 / 0 / 29,400
GARTNER INCCOMMON STOCK	366651107	$631K	0.17%	2,400shares	SOLE	0 / 0 / 2,400
LKQ CORPCOMMON STOCK	501889208	$599K	0.16%	19,600shares	SOLE	0 / 0 / 19,600
Americold Realty Trust IncCOMMON STOCK	03064D108	$578K	0.16%	47,200shares	SOLE	0 / 0 / 47,200
Plymouth Industrial REIT IncCOMMON STOCK	729640102	$570K	0.16%	25,527shares	SOLE	0 / 0 / 25,527
UNITED PARCEL SERVICE-CL BCOMMON STOCK	911312106	$551K	0.15%	6,600shares	SOLE	0 / 0 / 6,600
HUMANA INCCOMMON STOCK	444859102	$546K	0.15%	2,100shares	SOLE	0 / 0 / 2,100
INTERPUBLIC GROUP OF COS INCCOMMON STOCK	460690100	$508K	0.14%	18,200shares	SOLE	0 / 0 / 18,200
Boston Properties IncCOMMON STOCK	101121101	$462K	0.13%	6,214shares	SOLE	0 / 0 / 6,214
Global Medical REIT IncCOMMON STOCK	37954A303	$433K	0.12%	12,840shares	SOLE	0 / 0 / 12,840
Outfront Media IncCOMMON STOCK	69007J304	$400K	0.11%	21,808shares	SOLE	0 / 0 / 21,808
Independence Realty Trust IncCOMMON STOCK	45378A106	$377K	0.10%	23,000shares	SOLE	0 / 0 / 23,000
UMH Properties IncCOMMON STOCK	903002103	$365K	0.10%	24,564shares	SOLE	0 / 0 / 24,564
Kimco Realty CorpCOMMON STOCK	49446R109	$356K	0.10%	16,295shares	SOLE	0 / 0 / 16,295
National Health Investors IncCOMMON STOCK	63633D104	$334K	0.09%	4,200shares	SOLE	0 / 0 / 4,200
WATERS CORPCOMMON STOCK	941848103	$330K	0.09%	1,100shares	SOLE	0 / 0 / 1,100
Park Hotels and Resorts IncCOMMON STOCK	700517105	$322K	0.09%	29,106shares	SOLE	0 / 0 / 29,106
Regency Centers CorpCOMMON STOCK	758849103	$321K	0.09%	4,399shares	SOLE	0 / 0 / 4,399
Highwoods Properties IncCOMMON STOCK	431284108	$309K	0.08%	9,698shares	SOLE	0 / 0 / 9,698
Community Healthcare Trust IncCOMMON STOCK	20369C106	$306K	0.08%	20,000shares	SOLE	0 / 0 / 20,000
CenterspaceCOMMON STOCK	15202L107	$266K	0.07%	4,519shares	SOLE	0 / 0 / 4,519
Vornado Realty TrustCOMMON STOCK	929042109	$253K	0.07%	6,237shares	SOLE	0 / 0 / 6,237
Innovative Industrial Properties IncCOMMON STOCK	45781V101	$236K	0.06%	4,404shares	SOLE	0 / 0 / 4,404
Kilroy Realty CorpCOMMON STOCK	49427F108	$232K	0.06%	5,500shares	SOLE	0 / 0 / 5,500
RLJ Lodging TrustCOMMON STOCK	74965L101	$224K	0.06%	31,100shares	SOLE	0 / 0 / 31,100
Curbline Properties CorpCOMMON STOCK	23128Q101	$223K	0.06%	10,000shares	SOLE	0 / 0 / 10,000
Medical Properties Trust IncCOMMON STOCK	58463J304	$221K	0.06%	43,500shares	SOLE	0 / 0 / 43,500
Four Corners Property Trust IncCOMMON STOCK	35086T109	$220K	0.06%	9,000shares	SOLE	0 / 0 / 9,000
TANGER INCCOMMON STOCK	875465106	$203K	0.06%	6,000shares	SOLE	0 / 0 / 6,000
Brandywine Realty TrustCOMMON STOCK	105368203	$194K	0.05%	46,500shares	SOLE	0 / 0 / 46,500
Apple Hospitality REIT IncCOMMON STOCK	03784Y200	$192K	0.05%	16,000shares	SOLE	0 / 0 / 16,000
Macerich Co/TheCOMMON STOCK	554382101	$158K	0.04%	8,692shares	SOLE	0 / 0 / 8,692
Global Net Lease IncCOMMON STOCK	379378201	$118K	0.03%	14,492shares	SOLE	0 / 0 / 14,492
Hudson Pacific Properties IncCOMMON STOCK	444097109	$105K	0.03%	38,000shares	SOLE	0 / 0 / 38,000
Summit Hotel Properties IncCOMMON STOCK	866082100	$103K	0.03%	18,700shares	SOLE	0 / 0 / 18,700
Chatham Lodging TrustCOMMON STOCK	16208T102	$101K	0.03%	15,000shares	SOLE	0 / 0 / 15,000
National Storage Affiliates TrustCOMMON STOCK	637870106	$79K	0.02%	2,600shares	SOLE	0 / 0 / 2,600
Pebblebrook Hotel TrustCOMMON STOCK	70509V100	$72K	0.02%	6,355shares	SOLE	0 / 0 / 6,355
SITE Centers CorpCOMMON STOCK	82981J851	$45K	0.01%	5,000shares	SOLE	0 / 0 / 5,000
Power REITCOMMON STOCK	73933H101	$30K	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

Mar 26, 2026

Holdings as of

September 30, 2025

Accession

0001637246-26-000010

CIK

0001637246

View on SEC

Portfolio Snapshot

Total Portfolio Value

$366.55M

Number of Positions

219

219 reported by filer

Top 10 Concentration

22.2%

Top 20 Concentration

34.0%

Unique Issuers

213

By CUSIP

Avg. Position Size

$1.67M

Across 219 holdings

Top 5 Holdings

NVIDIA CORP2.8%

MICROSOFT CORP2.8%

BROADCOM INC2.8%

META PLATFORMS INC-CLASS A2.4%

APPLE INC2.4%