# EDGAR Filing Document

**Accession Number:** 0001959989
**File Stem:** 0000929638-25-003060
**Filing Date:** 2025-8
**Character Count:** 18417
**Document Hash:** d488c3dcdad2348af4c15fa9e80e3d55
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-25-003060.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0000929638-25-003060

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DoubleLine ETF Adviser LP
- **CENTRAL INDEX KEY:** 0001959989

**ORGANIZATION NAME:**
- **EIN:** 873299164
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23260
- **FILM NUMBER:** 251219580

**BUSINESS ADDRESS:**
- **STREET 1:** 2002 N. TAMPA ST.
- **STREET 2:** SUITE 200
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33602
- **BUSINESS PHONE:** 2133723217

**MAIL ADDRESS:**
- **STREET 1:** 2002 N. TAMPA ST.
- **STREET 2:** SUITE 200
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33602

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** DoubleLine ETF Adviser LP<br>**Address:** 2002 N. Tampa St.<br>Suite 200<br>Tampa, FL 33602

**Form 13F File Number:** 028-23260

**CRD Number (if applicable):** 000317415

**SEC File Number (if applicable):** 801-122996

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Youse Guia<br>**Title:** Chief Compliance Officer<br>**Phone:** 813-791-7333

**Signature, Place, and Date of Signing:**

/s/ Youse Guia  Los Angeles, CA  08-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 155

**Form 13F Information Table Value Total:** $311988651

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AGNC INVT CORP | COM | 00123Q104 |  | 552567 | 60127 | SH |  | SOLE |  | 60127 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 472771 | 6471 | SH |  | SOLE |  | 6471 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 3616009 | 12820 | SH |  | SOLE |  | 12820 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 1184443 | 8950 | SH |  | SOLE |  | 8950 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 800797 | 12778 | SH |  | SOLE |  | 12778 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 652145 | 8979 | SH |  | SOLE |  | 8979 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 7874133 | 44681 | SH |  | SOLE |  | 44681 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 6369365 | 35906 | SH |  | SOLE |  | 35906 | 0 | 0 |
| ALTICE USA INC | CL A | 02156K103 |  | 31270 | 14612 | SH |  | SOLE |  | 14612 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 18182166 | 82876 | SH |  | SOLE |  | 82876 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 2297886 | 250042 | SH |  | SOLE |  | 250042 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 675230 | 18720 | SH |  | SOLE |  | 18720 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 5966656 | 26996 | SH |  | SOLE |  | 26996 | 0 | 0 |
| AMERICOLD REALTY TRUST INC | COM | 03064D108 |  | 257033 | 15456 | SH |  | SOLE |  | 15456 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 670067 | 35604 | SH |  | SOLE |  | 35604 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 298326 | 4373 | SH |  | SOLE |  | 4373 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 3627600 | 125349 | SH |  | SOLE |  | 125349 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 1325266 | 357 | SH |  | SOLE |  | 357 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 1706144 | 8384 | SH |  | SOLE |  | 8384 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 1532906 | 8736 | SH |  | SOLE |  | 8736 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 1736378 | 30957 | SH |  | SOLE |  | 30957 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 292083 | 4351 | SH |  | SOLE |  | 4351 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 3606697 | 623 | SH |  | SOLE |  | 623 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 469032 | 18012 | SH |  | SOLE |  | 18012 | 0 | 0 |
| BXP INC | COM | 101121101 |  | 578960 | 8581 | SH |  | SOLE |  | 8581 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 706904 | 6273 | SH |  | SOLE |  | 6273 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 242023 | 3601 | SH |  | SOLE |  | 3601 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 594457 | 21140 | SH |  | SOLE |  | 21140 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 2457144 | 17536 | SH |  | SOLE |  | 17536 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 1636588 | 17789 | SH |  | SOLE |  | 17789 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 3611428 | 8834 | SH |  | SOLE |  | 8834 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1558892 | 27763 | SH |  | SOLE |  | 27763 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 3589986 | 100588 | SH |  | SOLE |  | 100588 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 3589663 | 48164 | SH |  | SOLE |  | 48164 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 1998422 | 24856 | SH |  | SOLE |  | 24856 | 0 | 0 |
| COUSINS PPTYS INC | COM NEW | 222795502 |  | 298198 | 9930 | SH |  | SOLE |  | 9930 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 2635846 | 25658 | SH |  | SOLE |  | 25658 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 568863 | 13385 | SH |  | SOLE |  | 13385 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 752377 | 5836 | SH |  | SOLE |  | 5836 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 544925 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 316322 | 3069 | SH |  | SOLE |  | 3069 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 3255438 | 18674 | SH |  | SOLE |  | 18674 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 3675904 | 29642 | SH |  | SOLE |  | 29642 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 307309 | 682 | SH |  | SOLE |  | 682 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 1749728 | 7098 | SH |  | SOLE |  | 7098 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 2069306 | 78146 | SH |  | SOLE |  | 78146 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 3168104 | 46189 | SH |  | SOLE |  | 46189 | 0 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 511387 | 3060 | SH |  | SOLE |  | 3060 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 970356 | 12997 | SH |  | SOLE |  | 12997 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 727176 | 9766 | SH |  | SOLE |  | 9766 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 3917927 | 14541 | SH |  | SOLE |  | 14541 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 3841584 | 24055 | SH |  | SOLE |  | 24055 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 3119038 | 3921 | SH |  | SOLE |  | 3921 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 692122 | 11223 | SH |  | SOLE |  | 11223 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 1357831 | 20119 | SH |  | SOLE |  | 20119 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 1070402 | 3777 | SH |  | SOLE |  | 3777 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 447508 | 2653 | SH |  | SOLE |  | 2653 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 1838577 | 12470 | SH |  | SOLE |  | 12470 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 432679 | 4555 | SH |  | SOLE |  | 4555 | 0 | 0 |
| FIRST INDL RLTY TR INC | COM | 32054K103 |  | 373344 | 7757 | SH |  | SOLE |  | 7757 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 887856 | 81830 | SH |  | SOLE |  | 81830 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 1426834 | 25461 | SH |  | SOLE |  | 25461 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 791281 | 15326 | SH |  | SOLE |  | 15326 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 3660431 | 84439 | SH |  | SOLE |  | 84439 | 0 | 0 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 |  | 754582 | 16165 | SH |  | SOLE |  | 16165 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 645571 | 3093 | SH |  | SOLE |  | 3093 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 983609 | 19988 | SH |  | SOLE |  | 19988 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 372786 | 3073 | SH |  | SOLE |  | 3073 | 0 | 0 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 |  | 327239 | 20633 | SH |  | SOLE |  | 20633 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 715284 | 40850 | SH |  | SOLE |  | 40850 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 1306930 | 4907 | SH |  | SOLE |  | 4907 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 5240019 | 14292 | SH |  | SOLE |  | 14292 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 626196 | 40768 | SH |  | SOLE |  | 40768 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 2084995 | 28348 | SH |  | SOLE |  | 28348 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 2733748 | 58376 | SH |  | SOLE |  | 58376 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 1078124 | 44041 | SH |  | SOLE |  | 44041 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 1100735 | 33559 | SH |  | SOLE |  | 33559 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 1785641 | 17409 | SH |  | SOLE |  | 17409 | 0 | 0 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 759667 | 2970 | SH |  | SOLE |  | 2970 | 0 | 0 |
| KILROY RLTY CORP | COM | 49427F108 |  | 214094 | 6240 | SH |  | SOLE |  | 6240 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 835188 | 39733 | SH |  | SOLE |  | 39733 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 627674 | 5172 | SH |  | SOLE |  | 5172 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 332068 | 7632 | SH |  | SOLE |  | 7632 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 551723 | 4988 | SH |  | SOLE |  | 4988 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 12610620 | 26878 | SH |  | SOLE |  | 26878 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 2792326 | 18458 | SH |  | SOLE |  | 18458 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 223614 | 6042 | SH |  | SOLE |  | 6042 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 2528431 | 11396 | SH |  | SOLE |  | 11396 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 554274 | 2333 | SH |  | SOLE |  | 2333 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 1618691 | 27976 | SH |  | SOLE |  | 27976 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1283814 | 4699 | SH |  | SOLE |  | 4699 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 3439234 | 6265 | SH |  | SOLE |  | 6265 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 879284 | 28465 | SH |  | SOLE |  | 28465 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 3369889 | 11534 | SH |  | SOLE |  | 11534 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 15228273 | 20632 | SH |  | SOLE |  | 20632 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 1021121 | 6899 | SH |  | SOLE |  | 6899 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 201737 | 7076 | SH |  | SOLE |  | 7076 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1304124 | 35749 | SH |  | SOLE |  | 35749 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 7158989 | 5346 | SH |  | SOLE |  | 5346 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 3801582 | 65252 | SH |  | SOLE |  | 65252 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 1334785 | 44912 | SH |  | SOLE |  | 44912 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 442839 | 12907 | SH |  | SOLE |  | 12907 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1719097 | 24199 | SH |  | SOLE |  | 24199 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 477571 | 11060 | SH |  | SOLE |  | 11060 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 3300420 | 25478 | SH |  | SOLE |  | 25478 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 480068 | 65 | SH |  | SOLE |  | 65 | 0 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 626239 | 17087 | SH |  | SOLE |  | 17087 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 1652030 | 22964 | SH |  | SOLE |  | 22964 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1590254 | 17644 | SH |  | SOLE |  | 17644 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 1873381 | 9941 | SH |  | SOLE |  | 9941 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 937740 | 72693 | SH |  | SOLE |  | 72693 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 220650 | 757 | SH |  | SOLE |  | 757 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 2851485 | 25068 | SH |  | SOLE |  | 25068 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 5589441 | 53172 | SH |  | SOLE |  | 53172 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 2724405 | 9285 | SH |  | SOLE |  | 9285 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 461809 | 4379 | SH |  | SOLE |  | 4379 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 222715 | 812 | SH |  | SOLE |  | 812 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 3059321 | 53104 | SH |  | SOLE |  | 53104 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 |  | 684876 | 9615 | SH |  | SOLE |  | 9615 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 491898 | 13829 | SH |  | SOLE |  | 13829 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 352688 | 31239 | SH |  | SOLE |  | 31239 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 877368 | 6877 | SH |  | SOLE |  | 6877 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 1574781 | 5029 | SH |  | SOLE |  | 5029 | 0 | 0 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 259156 | 14054 | SH |  | SOLE |  | 14054 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 1486302 | 6329 | SH |  | SOLE |  | 6329 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 4540593 | 13224 | SH |  | SOLE |  | 13224 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 2894966 | 18008 | SH |  | SOLE |  | 18008 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 2342570 | 54289 | SH |  | SOLE |  | 54289 | 0 | 0 |
| STAG INDL INC | COM | 85254J102 |  | 396903 | 10940 | SH |  | SOLE |  | 10940 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 2130214 | 23248 | SH |  | SOLE |  | 23248 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 381069 | 18987 | SH |  | SOLE |  | 18987 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 1963161 | 15336 | SH |  | SOLE |  | 15336 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 |  | 890743 | 7042 | SH |  | SOLE |  | 7042 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 3642750 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 370119 | 4215 | SH |  | SOLE |  | 4215 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 12604113 | 39678 | SH |  | SOLE |  | 39678 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 2814708 | 22793 | SH |  | SOLE |  | 22793 | 0 | 0 |
| TKO GROUP HOLDINGS INC | CL A | 87256C101 |  | 1414115 | 7772 | SH |  | SOLE |  | 7772 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 3626079 | 15219 | SH |  | SOLE |  | 15219 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 599098 | 11353 | SH |  | SOLE |  | 11353 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 723957 | 17731 | SH |  | SOLE |  | 17731 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 454721 | 972 | SH |  | SOLE |  | 972 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 1673664 | 26503 | SH |  | SOLE |  | 26503 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3508981 | 81095 | SH |  | SOLE |  | 81095 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 2030393 | 62282 | SH |  | SOLE |  | 62282 | 0 | 0 |
| VORNADO RLTY TR | SH BEN INT | 929042109 |  | 375249 | 9813 | SH |  | SOLE |  | 9813 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 3451953 | 13235 | SH |  | SOLE |  | 13235 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 3020994 | 263612 | SH |  | SOLE |  | 263612 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 5510606 | 35846 | SH |  | SOLE |  | 35846 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 1096090 | 42666 | SH |  | SOLE |  | 42666 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 438158 | 2682 | SH |  | SOLE |  | 2682 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 802768 | 12869 | SH |  | SOLE |  | 12869 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 862704 | 5822 | SH |  | SOLE |  | 5822 | 0 | 0 |
| ZILLOW GROUP INC | CL A | 98954M101 |  | 209853 | 3064 | SH |  | SOLE |  | 3064 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 664074 | 9480 | SH |  | SOLE |  | 9480 | 0 | 0 |

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