FRI holdings

Holdings

#	Holding	Type	Weight	Value	Shares / par	Country
1	WELLWelltower Inc.	Equity	11.31%	$18M	88,597	US
2	PLDPROLOGIS, INC.	Equity	10.07%	$16M	118,031	US
3	SPGSimon Property Group, Inc.	Equity	4.85%	$7.5M	40,321	US
4	EQIXEquinix, Inc. Common Stock REIT	Equity	4.79%	$7.4M	7,575	US
5	DLRDigital Realty Trust, Inc.	Equity	4.77%	$7.4M	41,006	US
6	ORealty Income Corporation	Equity	4.61%	$7.1M	116,805	US
7	PSAPublic Storage	Equity	3.51%	$5.4M	20,057	US
8	Morgan Stanley Institutional Liquidity Funds	Cash	3.26%	$5.0M	5,044,656	US
9	VTRVentas, Inc.	Equity	3.18%	$4.9M	60,310	US
10	IRMIron Mountain Inc.	Equity	2.48%	$3.8M	37,563	US
11	VICIVICI Properties Inc. Common Stock	Equity	2.39%	$3.7M	135,713	US
12	EXRExtra Space Storage, Inc.	Equity	2.28%	$3.5M	26,951	US
13	AVBAvalonBay Communities, Inc.	Equity	1.90%	$2.9M	17,979	US
14	EQREquity Residential	Equity	1.67%	$2.6M	43,654	US
15	ESSEssex Property Trust, Inc	Equity	1.28%	$2.0M	8,183	US
16	KIMKimco Realty Corp.	Equity	1.24%	$1.9M	85,594	US
17	WPCW.P. Carey Inc. (REIT)	Equity	1.22%	$1.9M	27,827	US
18	SUISun Communities, Inc	Equity	1.20%	$1.9M	14,761	US
19	MAAMid-America Apartment Communities, Inc.	Equity	1.17%	$1.8M	14,844	US
20	INVHInvitation Homes Inc. Common Stock	Equity	1.15%	$1.8M	71,612	US
21	OHIOmega Healthcare Investors Inc.	Equity	1.06%	$1.6M	37,531	US
22	GLPIGaming and Leisure Properties, Inc.	Equity	1.03%	$1.6M	35,934	US
23	REGRegency Centers Corporation	Equity	1.02%	$1.6M	20,901	US
24	HSTHost Hotels & Resorts, Inc.	Equity	1.00%	$1.6M	81,207	US
25	ELSEquity Lifestyle Properties, Inc.	Equity	0.99%	$1.5M	24,612	US
26	DOCHealthpeak Properties, Inc.	Equity	0.94%	$1.4M	88,253	US
27	LAMRLamar Advertising Co	Equity	0.90%	$1.4M	11,030	US
28	UDRUDR, Inc.	Equity	0.83%	$1.3M	38,188	US
29	CPTCamden Property Trust	Equity	0.83%	$1.3M	13,131	US
30	EGPEastGroup Properties Inc.	Equity	0.81%	$1.3M	6,761	US
31	AMHAMERICAN HOMES 4 RENT	Equity	0.75%	$1.2M	41,395	US
32	ADCAgree Realty Corporation	Equity	0.74%	$1.1M	15,215	US
33	BRXBRIXMOR PROPERTY GROUP INC.	Equity	0.72%	$1.1M	38,930	US
34	AHRAmerican Healthcare REIT, Inc.	Equity	0.69%	$1.1M	22,526	US
35	CUBECubeSmart	Equity	0.68%	$1.1M	28,954	US
36	FRTFederal Realty Investment Trust	Equity	0.68%	$1.1M	9,970	US
37	CTRECareTrust REIT, Inc	Equity	0.67%	$1.0M	28,367	US
38	NNNNNN REIT, Inc.	Equity	0.65%	$1.0M	24,118	US
39	FRFirst Industrial Realty Trust, Inc.	Equity	0.63%	$973K	16,828	US
40	BXPBXP, Inc.	Equity	0.63%	$972K	18,722	US
41	REXRREXFORD INDUSTRIAL REALTY, INC.	Equity	0.62%	$957K	29,233	US
42	AREAlexandria Real Estate Equities, Inc.	Equity	0.59%	$919K	19,804	US
43	STAGSTAG INDUSTRIAL, INC.	Equity	0.56%	$875K	24,256	US
44	TRNOTerreno Realty Corporation	Equity	0.52%	$813K	13,229	US
45	EPRTEssential Properties Realty Trust, Inc.	Equity	0.52%	$809K	26,651	US
46	HRHealthcare Realty Trust Incorporated	Equity	0.49%	$753K	44,296	US
47	RHPRyman Hospitality Properties, Inc	Equity	0.48%	$738K	8,001	US
48	KRGKite Realty Group Trust	Equity	0.44%	$675K	27,491	US
49	SBRASabra Healthcare REIT, Inc.	Equity	0.40%	$616K	32,016	US
50	MACThe Macerich Company	Equity	0.40%	$615K	32,521	US
51	PECOPhillips Edison & Company, Inc. Common Stock	Equity	0.39%	$598K	15,973	US
52	MRPMillrose Properties, Inc.	Equity	0.35%	$548K	19,577	US
53	VNOVornado Realty Trust	Equity	0.34%	$529K	20,335	US
54	SKTTanger Inc.	Equity	0.32%	$497K	14,616	US
55	OUTOUTFRONT Media Inc.	Equity	0.32%	$490K	18,475	US
56	NHINational Health Investors	Equity	0.32%	$489K	6,050	US
57	EPREPR Properties	Equity	0.31%	$483K	9,667	US
58	CUZCousins Properties Inc.	Equity	0.31%	$481K	21,329	US
59	IRTIndependence Realty Trust Inc.	Equity	0.29%	$448K	30,074	US
60	BNLBroadstone Net Lease, Inc.	Equity	0.28%	$439K	24,027	US
61	CDPCOPT Defense Properties	Equity	0.28%	$439K	14,344	US
62	COLDAmericold Realty Trust, Inc.	Equity	0.27%	$414K	36,169	US
63	KRCKilroy Realty Corp.	Equity	0.25%	$391K	13,843	US
64	LXPLXP Industrial Trust	Equity	0.22%	$347K	7,501	US
65	NSANational Storage Affiliates Trust	Equity	0.22%	$339K	8,988	US
66	SLGSL Green Realty Corp.	Equity	0.22%	$334K	9,035	US
67	FCPTFour Corners Property Trust, Inc.	Equity	0.21%	$330K	13,935	US
68	APLEApple Hospitality REIT, Inc.	Equity	0.21%	$322K	27,937	US
69	UEUBRAN EDGE PROPERTIES	Equity	0.21%	$320K	15,993	US
70	AKRAcadia Realty Trust	Equity	0.21%	$318K	16,638	US
71	CURBCurbline Properties Corp.	Equity	0.20%	$317K	12,309	US
72	IVTInvenTrust Properties Corp.	Equity	0.19%	$300K	9,865	US
73	HIWHighwoods Properties Inc.	Equity	0.19%	$299K	13,959	US
74	MPTMedical Properties Trust, Inc.	Equity	0.19%	$290K	62,627	US
75	PKPark Hotels & Resorts Inc. Common Stock	Equity	0.17%	$267K	25,382	US
76	DRHDiamondrock Hospitality Company Common Stock	Equity	0.16%	$242K	25,866	US
77	LINELineage, Inc. Common Stock	Equity	0.15%	$237K	7,248	US
78	GNLGlobal Net Lease, Inc.	Equity	0.15%	$234K	25,033	US
79	NTSTNetSTREIT Corp.	Equity	0.15%	$232K	12,326	US
80	LTCLTC Properties, Inc.	Equity	0.15%	$225K	6,047	US
81	GTYGetty Realty Corp.	Equity	0.14%	$222K	6,988	US
82	SHOSunstone Hotel Investors, Inc.	Equity	0.14%	$217K	24,114	US
83	SMASmartStop Self Storage REIT, Inc.	Equity	0.14%	$213K	7,031	US
84	DEIDouglas Emmett, Inc.	Equity	0.13%	$200K	21,264	US
85	VREVeris Residential, Inc.	Equity	0.13%	$195K	10,312	US
86	DHCDiversified Healthcare Trust Common Shares of Beneficial Interest	Equity	0.12%	$184K	27,672	US
87	PEBPebblebrook Hotel Trust	Equity	0.12%	$182K	14,425	US
88	XHRXenia Hotels & Resorts, Inc.	Equity	0.12%	$179K	12,039	US
89	IIPRInnovative Industrial Properties, Inc. Common stock	Equity	0.12%	$178K	3,558	US
90	SILASila Realty Trust, Inc.	Equity	0.11%	$166K	6,999	US
91	UMHUMH Properties, Inc.	Equity	0.10%	$148K	10,282	US
92	RLJRLJ Lodging Trust	Equity	0.09%	$140K	18,934	US
93	CSRCenterspace	Equity	0.08%	$122K	2,122	US
94	DEAEasterly Government Properties, Inc.	Equity	0.08%	$119K	5,556	US
95	AATAMERICAN ASSETS TRUST, INC.	Equity	0.07%	$111K	6,012	US
96	JBGSJBG SMITH Properties Common Shares	Equity	0.07%	$110K	7,514	US
97	PDMPiedmont Realty Trust, Inc.	Equity	0.07%	$104K	15,811	US
98	WSRWhitestone REIT	Equity	0.06%	$92K	5,702	US
99	ESRTEMPIRE STATE REALTY TRUST, INC.	Equity	0.06%	$92K	17,619	US
100	PKSTPeakstone Realty Trust	Equity	0.06%	$89K	4,248	US
101	SAFESafehold Inc.	Equity	0.05%	$79K	5,832	US
102	CBLCBL & Associates Properties, Inc.	Equity	0.05%	$75K	1,964	US
103	GOODGladstone Commercial Corporation - REIT	Equity	0.05%	$70K	6,147	US
104	NXRTNexPoint Residential Trust Inc	Equity	0.04%	$69K	2,771	US
105	CTOCTO Realty Growth, Inc.	Equity	0.04%	$69K	3,741	US
106	UHTUniversal Health Realty Income Trust	Equity	0.04%	$66K	1,620	US
107	ALXAlexander's Inc.	Equity	0.04%	$64K	273	US
108	BDNBrandywine Realty Trust	Equity	0.04%	$60K	22,056	US
109	INNSummit Hotel Properties, Inc.	Equity	0.04%	$59K	13,448	US
110	PSTLPostal Realty Trust, Inc	Equity	0.04%	$58K	3,110	US
111	FPIFarmland Partners Inc.	Equity	0.04%	$57K	5,053	US
112	AHRTAH Realty Trust, Inc.	Equity	0.04%	$56K	10,178	US
113	XRNChiron Real Estate Inc.	Equity	0.03%	$53K	1,600	US
114	CHCTCommunity Healthcare Trust Incorporated Common Stock, $0.01 par value per share	Equity	0.03%	$52K	3,251	US
115	BFSSaul Centers, Inc.	Equity	0.03%	$51K	1,580	US
116	CLDTCHATHAM LODGING TRUST	Equity	0.03%	$48K	6,158	US
117	LANDGladstone Land Corporation	Equity	0.03%	$45K	4,402	US
118	OLPOne Liberty Properties, Inc.	Equity	0.03%	$44K	2,033	US
119	ILPTIndustrial Logistics Properties Trust Common Shares of Beneficial Interest	Equity	0.03%	$43K	7,617	US
120	FVRFrontView REIT, Inc.	Equity	0.03%	$43K	2,750	US
121	HPPHudson Pacific Properties, Inc.	Equity	0.03%	$41K	6,881	US
122	SITCSITE Centers Corp. Common Shares	Equity	0.02%	$36K	6,662	US
123	PINEAlpine Income Property Trust, Inc	Equity	0.02%	$29K	1,609	US
124	SVCService Properties Trust Common Stock	Equity	0.02%	$27K	20,062	US
125	NXDTNexPoint Diversified Real Estate Trust	Equity	0.02%	$24K	5,167	US
126	FRMIFermi Inc. Common Stock	Equity	0.01%	$23K	3,898	US
127	NLOPNet Lease Office Properties	Equity	0.01%	$22K	1,882	US
128	BRTBRT Apartments Corp	Equity	0.01%	$20K	1,497	US
129	BHRBraemar Hotels & Resorts Inc. Common Stock	Equity	0.01%	$18K	7,536	US
130	MDVModiv Industrial, Inc.	Equity	0.01%	$17K	1,200	US
131	ONLOrion Properties Inc.	Equity	0.01%	$14K	6,579	US
132	FSPFranklin Street Properties Corp	Equity	0.00%	$7K	10,138	US

Find which other funds hold a stock by opening it and choosing "ETFs holding".

Position changes between reports

Action	Holding	Weight before	Weight after	Shares vs flows	Between reports
Increase	WELLWelltower Inc.	9.55%	11.31%	+15.2%	Dec 31, 2025 → Mar 31, 2026 SEC
Decrease	EQIXEquinix, Inc.	5.63%	4.79%	−31.0%	Dec 31, 2025 → Mar 31, 2026 SEC
Exit	ELMEElme Communities	0.13%	—	—	Dec 31, 2025 → Mar 31, 2026 SEC
Exit	ALEXAlexander & Baldwin Inc	0.13%	—	—	Dec 31, 2025 → Mar 31, 2026 SEC
Exit	PLYMPlymouth Industrial REIT Inc	0.08%	—	—	Dec 31, 2025 → Mar 31, 2026 SEC
Exit	AIVApartment Investment and Manag	0.07%	—	—	Dec 31, 2025 → Mar 31, 2026 SEC
Increase	NTSTNETSTREIT Corp.	0.13%	0.15%	+16.2%	Dec 31, 2025 → Mar 31, 2026 SEC
Exit	CIOCity Office REIT Inc	0.02%	—	—	Dec 31, 2025 → Mar 31, 2026 SEC

Share-count changes are measured after removing what creations and redemptions explain.

Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.