| # | Security | Value | Shares | % Port | Change | Δ Shares |
|---|---|---|---|---|---|---|
| 1 | AGREE RLTY CORP COM | $248.5M | 3.30M | 6.0% | NEW | — |
| 2 | NISOURCE INC COM | $240.0M | 5.14M | 5.8% | ADDED | +1.27M |
| 3 | EVERSOURCE ENERGY COM | $231.6M | 3.34M | 5.6% | REDUCED | -501,390 |
| 4 | WELLTOWER INC COM | $221.2M | 1.12M | 5.3% | ADDED | +2.2K |
| 5 | XCEL ENERGY INC COM | $208.9M | 2.63M | 5.0% | REDUCED | -110,053 |
| 6 | TARGA RES CORP COM | $199.3M | 794.9K | 4.8% | ADDED | +13.0K |
| 7 | KINDER MORGAN INC DEL COM | $192.3M | 5.74M | 4.6% | ADDED | +1.72M |
| 8 | KODIAK GAS SVCS INC COM | $138.9M | 2.38M | 3.3% | REDUCED | -1,889,637 |
| 9 | TXNM ENERGY INC NOTE 5.750% 6/0 | $127.1M | 95.02M | 3.1% | —HELD | 0 |
| 10 | PG&E CORP COM | $112.8M | 6.42M | 2.7% | REDUCED | -867,669 |
| 11 | ENTERGY CORP NEW COM | $104.3M | 928.6K | 2.5% | REDUCED | -733,400 |
| 12 | IDACORP INC COM | $103.5M | 723.7K | 2.5% | REDUCED | -76,800 |
| 13 | WEC ENERGY GROUP INC COM | $96.5M | 833.8K | 2.3% | NEW | — |
| 14 | TXNM ENERGY INC COM | $89.6M | 1.53M | 2.2% | REDUCED | -329,860 |
| 15 | SEMPRA COM | $68.0M | 699.6K | 1.6% | REDUCED | -709,700 |
| 16 | H2O AMERICA COM | $58.7M | 1.00M | 1.4% | ADDED | +957.2K |
| 17 | DUKE ENERGY CORP NEW COM NEW | $57.3M | 437.9K | 1.4% | REDUCED | -205,000 |
| 18 | FORGENT POWER SOLUTIONS INC COM SHS CL A | $57.1M | 1.95M | 1.4% | NEW | — |
| 19 | BKV CORP COM | $55.5M | 1.95M | 1.3% | ADDED | +1.45M |
| 20 | KRATOS DEFENSE & SEC SOLUTIO COM NEW | $55.2M | 783.1K | 1.3% | ADDED | +693.1K |
| 21 | CARETRUST REIT INC COM | $54.5M | 1.49M | 1.3% | REDUCED | -275,640 |
| 22 | SOUTHWEST GAS HLDGS INC COM | $52.7M | 606.9K | 1.3% | ADDED | +422.1K |
| 23 | BLACK HILLS CORP COM | $51.4M | 741.0K | 1.2% | ADDED | +465.0K |
| 24 | PINNACLE WEST CAP CORP COM | $50.4M | 500.1K | 1.2% | ADDED | +363.6K |
| 25 | CRH PLC ORD | $42.0M | 400.0K | 1.0% | ADDED | +320.0K |
Holdings data sourced from SEC EDGAR 13F-HR filings. Updated quarterly, approximately 45 days after quarter end. All data is public domain.
Last filed: May 15, 2026