The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGNC Investment Corp Common Equities 00123Q104 292 26,384 SH   SOLE   26,384 0 0
AT&T Inc Common Equities 00206R102 7,908 377,300 SH   SOLE   377,300 0 0
Adobe Systems Inc Common Equities 00724F101 2,485 6,790 SH   SOLE   6,790 0 0
Airbnb Inc Common Equities 009066101 5,260 59,058 SH   SOLE   59,058 0 0
Alexandria Real Estate Equities Inc Common Equities 015271109 1,548 10,679 SH   SOLE   10,679 0 0
Alphabet Inc Common Equities 02079K305 16,660 7,645 SH   SOLE   7,645 0 0
Amazon.com Inc Common Equities 023135106 16,562 155,940 SH   SOLE   155,940 0 0
Ameren Corp Common Equities 023608102 1,581 17,500 SH   SOLE   17,500 0 0
American Campus Communities Inc Common Equities 024835100 2,311 35,859 SH   SOLE   35,859 0 0
American Electric Power Co Inc Common Equities 025537101 3,338 34,800 SH   SOLE   34,800 0 0
American Homes 4 Rent Common Equities 02665T306 795 22,435 SH   SOLE   22,435 0 0
American Tower Corp Common Equities 03027X100 17,785 69,585 SH   SOLE   69,585 0 0
American Water Works Co Inc Common Equities 030420103 1,829 12,300 SH   SOLE   12,300 0 0
Americold Realty Trust Common Equities 03064D108 566 18,865 SH   SOLE   18,865 0 0
Annaly Capital Management Inc Common Equities 035710409 428 72,458 SH   SOLE   72,458 0 0
Apartment Income REIT Corp Common Equities 03750L109 514 12,363 SH   SOLE   12,363 0 0
Apple Inc Common Equities 037833100 32,260 235,960 SH   SOLE   235,960 0 0
AvalonBay Communities Inc Common Equities 053484101 3,071 15,810 SH   SOLE   15,810 0 0
Blackstone Mortgage Trust Inc Common Equities 09257W100 217 7,853 SH   SOLE   7,853 0 0
Boston Properties Inc Common Equities 101121101 1,085 12,202 SH   SOLE   12,202 0 0
Boston Scientific Corp Common Equities 101137107 7,755 208,102 SH   SOLE   208,102 0 0
Brixmor Property Group Inc Common Equities 11120U105 506 25,073 SH   SOLE   25,073 0 0
Broadcom Inc Common Equities 11135F101 3,041 6,260 SH   SOLE   6,260 0 0
CME Group Inc Common Equities 12572Q105 5,342 26,100 SH   SOLE   26,100 0 0
CSX Corp Common Equities 126408103 1,961 67,490 SH   SOLE   67,490 0 0
Camden Property Trust Common Equities 133131102 2,077 15,449 SH   SOLE   15,449 0 0
Chevron Corp Common Equities 166764100 8,836 61,035 SH   SOLE   61,035 0 0
Chubb Ltd Common Equities H1467J104 21,871 111,260 SH   SOLE   111,260 0 0
Cisco Systems Inc Common Equities 17275R102 2,582 60,576 SH   SOLE   60,576 0 0
CoStar Group Inc Common Equities 22160N109 1,194 19,771 SH   SOLE   19,771 0 0
Comcast Corp Common Equities 20030N101 1,631 41,587 SH   SOLE   41,587 0 0
Consolidated Edison Inc Common Equities 209115104 2,158 22,700 SH   SOLE   22,700 0 0
Consumer Staples Select Sector SPDR Fund Exchange Traded Fund 81369Y308 10,444 144,700 SH   SOLE   144,700 0 0
Crown Castle International Corp Common Equities 22822V101 13,728 81,535 SH   SOLE   81,535 0 0
CubeSmart Common Equities 229663109 684 16,019 SH   SOLE   16,019 0 0
DTE Energy Co Common Equities 233331107 1,673 13,200 SH   SOLE   13,200 0 0
Digital Realty Trust Inc Common Equities 253868103 20,949 161,362 SH   SOLE   161,362 0 0
Dominion Energy Inc Common Equities 25746U109 14,531 182,075 SH   SOLE   182,075 0 0
Douglas Emmett Inc Common Equities 25960P109 714 31,918 SH   SOLE   31,918 0 0
Duke Energy Corp Common Equities 26441C204 17,468 162,940 SH   SOLE   162,940 0 0
Duke Realty Corp Common Equities 264411505 1,498 27,278 SH   SOLE   27,278 0 0
EastGroup Properties Inc Common Equities 277276101 441 2,862 SH   SOLE   2,862 0 0
Edison International Common Equities 281020107 1,663 26,300 SH   SOLE   26,300 0 0
Edwards Lifesciences Corp Common Equities 28176E108 3,205 33,710 SH   SOLE   33,710 0 0
Entergy Corp Common Equities 29364G103 1,520 13,500 SH   SOLE   13,500 0 0
Equinix Inc Common Equities 29444U700 7,148 10,880 SH   SOLE   10,880 0 0
Equity LifeStyle Properties Inc Common Equities 29472R108 1,694 24,045 SH   SOLE   24,045 0 0
Equity Residential Common Equities 29476L107 3,076 42,598 SH   SOLE   42,598 0 0
Essex Property Trust Inc Common Equities 297178105 1,336 5,111 SH   SOLE   5,111 0 0
Eversource Energy Common Equities 30040W108 1,925 22,800 SH   SOLE   22,800 0 0
Exelon Corp Common Equities 30161N101 3,158 69,700 SH   SOLE   69,700 0 0
Extra Space Storage Inc Common Equities 30225T102 1,681 9,885 SH   SOLE   9,885 0 0
Exxon Mobil Corp Common Equities 30231G102 13,706 160,053 SH   SOLE   160,053 0 0
Meta Platforms Inc Common Equities 30303M102 3,867 23,984 SH   SOLE   23,984 0 0
Federal Realty Investment Trust Common Equities 313745101 542 5,665 SH   SOLE   5,665 0 0
First Industrial Realty Trust Inc Common Equities 32054K103 470 9,911 SH   SOLE   9,911 0 0
FirstEnergy Corp Common Equities 337932107 1,447 37,700 SH   SOLE   37,700 0 0
Fortis Inc Common Equities 349553107 1,533 32,500 SH   SOLE   32,500 0 0
Gaming and Leisure Properties Inc Common Equities 36467J108 864 18,855 SH   SOLE   18,855 0 0
Hartford Financial Services Group Inc Common Equities 416515104 14,516 221,870 SH   SOLE   221,870 0 0
Health Care Select Sector SPDR Fund Exchange Traded Fund 81369Y209 13,426 104,700 SH   SOLE   104,700 0 0
Healthcare Trust of America Inc Common Equities 42225P501 493 17,682 SH   SOLE   17,682 0 0
Healthpeak Properties Inc Common Equities 42250P103 1,099 42,424 SH   SOLE   42,424 0 0
Honeywell International Inc Common Equities 438516106 12,239 70,420 SH   SOLE   70,420 0 0
Host Hotels & Resorts Inc Common Equities 44107P104 1,729 110,321 SH   SOLE   110,321 0 0
Invesco DB Commodity Index Tracking Fund Exchange Traded Fund 46138B103 55,693 2,090,600 SH   SOLE   2,090,600 0 0
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Exchange Traded Fund 46090F100 55,088 3,053,700 SH   SOLE   3,053,700 0 0
Invesco S&P 500 Low Volatility ETF Exchange Traded Fund 46138E354 7,712 124,400 SH   SOLE   124,400 0 0
Invesco S&P 500 Pure Growth ETF Exchange Traded Fund 46137V266 12,386 83,900 SH   SOLE   83,900 0 0
Invesco S&P 500 Pure Value ETF Exchange Traded Fund 46137V258 15,536 206,900 SH   SOLE   206,900 0 0
Invitation Homes Inc Common Equities 46187W107 1,552 43,624 SH   SOLE   43,624 0 0
Iron Mountain Inc Common Equities 46284V101 1,104 22,678 SH   SOLE   22,678 0 0
JPMorgan Chase & Co Common Equities 46625H100 15,839 140,660 SH   SOLE   140,660 0 0
Johnson & Johnson Common Equities 478160104 22,582 127,220 SH   SOLE   127,220 0 0
Kilroy Realty Corp Common Equities 49427F108 467 8,932 SH   SOLE   8,932 0 0
Kimco Realty Corp Common Equities 49446R109 967 48,943 SH   SOLE   48,943 0 0
L3Harris Technologies Inc Common Equities 502431109 8,135 33,660 SH   SOLE   33,660 0 0
Lamar Advertising Co Common Equities 512816109 633 7,198 SH   SOLE   7,198 0 0
Life Storage Inc Common Equities 53223X107 634 5,682 SH   SOLE   5,682 0 0
Linde PLC Common Equities G5494J103 12,644 43,975 SH   SOLE   43,975 0 0
Marriott International Inc Common Equities 571903202 6,558 48,220 SH   SOLE   48,220 0 0
Martin Marietta Materials Inc Common Equities 573284106 1,568 5,240 SH   SOLE   5,240 0 0
Mastercard Inc Common Equities 57636Q104 8,338 26,432 SH   SOLE   26,432 0 0
Medical Properties Trust Inc Common Equities 58463J304 698 45,738 SH   SOLE   45,738 0 0
Microsoft Corp Common Equities 594918104 27,326 106,400 SH   SOLE   106,400 0 0
Mid-America Apartment Communities Inc Common Equities 59522J103 1,465 8,391 SH   SOLE   8,391 0 0
NVIDIA Corp Common Equities 67066G104 5,866 38,700 SH   SOLE   38,700 0 0
National Retail Properties Inc Common Equities 637417106 2,557 59,478 SH   SOLE   59,478 0 0
New Residential Investment Corp Common Equities 64828T201 217 23,336 SH   SOLE   23,336 0 0
NextEra Energy Inc Common Equities 65339F101 10,054 129,800 SH   SOLE   129,800 0 0
Omega Healthcare Investors Inc Common Equities 681936100 553 19,638 SH   SOLE   19,638 0 0
Oracle Corp Common Equities 68389X105 5,782 82,757 SH   SOLE   82,757 0 0
PG&E Corp Common Equities 69331C108 1,071 107,400 SH   SOLE   107,400 0 0
PPL Corp Common Equities 69351T106 1,470 54,200 SH   SOLE   54,200 0 0
PepsiCo Inc Common Equities 713448108 9,629 57,780 SH   SOLE   57,780 0 0
Procter & Gamble Co Common Equities 742718109 13,456 93,582 SH   SOLE   93,582 0 0
Prologis Inc Common Equities 74340W103 7,256 61,676 SH   SOLE   61,676 0 0
Public Service Enterprise Group Inc Common Equities 744573106 2,183 34,500 SH   SOLE   34,500 0 0
Public Storage Common Equities 74460D109 6,234 19,940 SH   SOLE   19,940 0 0
Realty Income Corp Common Equities 756109104 5,293 77,555 SH   SOLE   77,555 0 0
Regency Centers Corp Common Equities 758849103 757 12,770 SH   SOLE   12,770 0 0
Rexford Industrial Realty Inc Common Equities 76169C100 573 9,958 SH   SOLE   9,958 0 0
Rogers Communications Inc Common Equities 775109200 793 16,600 SH   SOLE   16,600 0 0
SBA Communications Corp Common Equities 78410G104 2,613 8,166 SH   SOLE   8,166 0 0
SL Green Realty Corp Common Equities 78440X887 230 5,000 SH   SOLE   5,000 0 0
SPDR Portfolio Long Term Treasury ETF Exchange Traded Fund 78464A664 13,558 410,000 SH   SOLE   410,000 0 0
SPDR S&P 500 ETF Trust Exchange Traded Fund 78462F103 54,701 145,000 SH   SOLE   145,000 0 0
STAG Industrial Inc Common Equities 85254J102 370 11,997 SH   SOLE   11,997 0 0
STORE Capital Corp Common Equities 862121100 516 19,822 SH   SOLE   19,822 0 0
Sempra Energy Common Equities 816851109 3,305 22,000 SH   SOLE   22,000 0 0
Simon Property Group Inc Common Equities 828806109 3,234 34,079 SH   SOLE   34,079 0 0
Southern Co Common Equities 842587107 5,148 72,200 SH   SOLE   72,200 0 0
Starwood Property Trust Inc Common Equities 85571B105 300 14,407 SH   SOLE   14,407 0 0
Sun Communities Inc Common Equities 866674104 1,386 8,701 SH   SOLE   8,701 0 0
T-Mobile US Inc Common Equities 872590104 3,753 27,900 SH   SOLE   27,900 0 0
Texas Instruments Inc Common Equities 882508104 12,110 78,820 SH   SOLE   78,820 0 0
Thermo Fisher Scientific Inc Common Equities 883556102 12,739 23,450 SH   SOLE   23,450 0 0
UDR Inc Common Equities 902653104 1,026 22,290 SH   SOLE   22,290 0 0
United Parcel Service Inc Common Equities 911312106 11,983 65,646 SH   SOLE   65,646 0 0
UnitedHealth Group Inc Common Equities 91324P102 22,664 44,127 SH   SOLE   44,127 0 0
Utilities Select Sector SPDR Fund Exchange Traded Fund 81369Y886 11,203 159,750 SH   SOLE   159,750 0 0
VICI Properties Inc Common Equities 925652109 2,388 80,162 SH   SOLE   80,162 0 0
Vanguard FTSE Developed Markets ETF Exchange Traded Fund 921943858 53,040 1,300,000 SH   SOLE   1,300,000 0 0
Vanguard Long-Term Corporate Bond ETF Exchange Traded Fund 92206C813 2,838 35,000 SH   SOLE   35,000 0 0
Vanguard Long-Term Treasury ETF Exchange Traded Fund 92206C847 52,269 745,000 SH   SOLE   745,000 0 0
Vanguard Russell 2000 ETF Exchange Traded Fund 92206C664 9,571 140,000 SH   SOLE   140,000 0 0
Vanguard S&P 500 ETF Exchange Traded Fund 922908363 19,772 57,000 SH   SOLE   57,000 0 0
Vanguard S&P Mid-Cap 400 ETF Exchange Traded Fund 921932885 93,409 610,000 SH   SOLE   610,000 0 0
Vanguard Total Bond Market ETF Exchange Traded Fund 921937835 140,736 1,870,000 SH   SOLE   1,870,000 0 0
Ventas Inc Common Equities 92276F100 2,858 55,580 SH   SOLE   55,580 0 0
Verizon Communications Inc Common Equities 92343V104 35,513 699,780 SH   SOLE   699,780 0 0
Visa Inc Common Equities 92826C839 9,421 47,853 SH   SOLE   47,853 0 0
Vornado Realty Trust Common Equities 929042109 414 14,485 SH   SOLE   14,485 0 0
WEC Energy Group Inc Common Equities 92939U106 2,133 21,200 SH   SOLE   21,200 0 0
WP Carey Inc Common Equities 92936U109 1,149 13,875 SH   SOLE   13,875 0 0
Walmart Inc Common Equities 931142103 16,210 133,330 SH   SOLE   133,330 0 0
Walt Disney Co Common Equities 254687106 4,441 47,051 SH   SOLE   47,051 0 0
Welltower Inc Common Equities 95040Q104 2,927 35,553 SH   SOLE   35,553 0 0
Weyerhaeuser Co Common Equities 962166104 1,868 56,420 SH   SOLE   56,420 0 0
Xcel Energy Inc Common Equities 98389B100 2,589 36,600 SH   SOLE   36,600 0 0
iShares Broad USD High Yield Corporate Bond ETF Exchange Traded Fund 46435U853 4,500 130,000 SH   SOLE   130,000 0 0
iShares Core MSCI EAFE ETF Exchange Traded Fund 46432F842 51,223 870,400 SH   SOLE   870,400 0 0
iShares Core MSCI Emerging Markets ETF Exchange Traded Fund 46434G103 84,574 1,723,900 SH   SOLE   1,723,900 0 0
iShares Core S&P Mid-Cap ETF Exchange Traded Fund 464287507 4,694 20,750 SH   SOLE   20,750 0 0
iShares Core S&P Small-Cap ETF Exchange Traded Fund 464287804 3,973 43,000 SH   SOLE   43,000 0 0
iShares Core U.S. Aggregate Bond ETF Exchange Traded Fund 464287226 5,592 55,000 SH   SOLE   55,000 0 0
iShares MSCI Canada ETF Exchange Traded Fund 464286509 12,885 382,600 SH   SOLE   382,600 0 0
iShares MSCI USA Min Vol Factor ETF Exchange Traded Fund 46429B697 7,372 105,000 SH   SOLE   105,000 0 0
salesforce.com Inc Common Equities 79466L302 2,216 13,430 SH   SOLE   13,430 0 0