13F HOLDINGS REPORT
DUFF & PHELPS INVESTMENT MANAGEMENT CO
Quarter ended Q1 2025 · Filed May 13, 2025 · Accession 0001140361-25-018540
Total Value
$8.54B
Positions
153
Other Managers
2
Confidential Omitted
No
Holdings (153)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | WELLTOWER OP INC | WELL | 2,476,746 | $379.5M | 4.44% |
| 2 | PROLOGIS INC | PLDGP | 2,965,149 | $331.5M | 3.88% |
| 3 | EQUINIX INC | EQIX | 395,530 | $322.5M | 3.78% |
| 4 | DIGITAL RLTY TR INC | 253868103 | 1,375,959 | $197.2M | 2.31% |
| 5 | VENTAS INC | VTR | 2,824,221 | $194.2M | 2.27% |
| 6 | AMERICAN TOWER CORP | 03027X100 | 890,923 | $193.9M | 2.27% |
| 7 | AVALONBAY COMMUNTIES REIT | AWX | 843,799 | $181.1M | 2.12% |
| 8 | NEXTERA ENERGY INC | NEE-PW | 2,276,185 | $161.4M | 1.89% |
| 9 | AMERICAN HOMES 4 R CL A | AMH-PG | 4,227,481 | $159.8M | 1.87% |
| 10 | PUBLIC STORAGE REIT COMMON | PSA-PS | 524,145 | $156.9M | 1.84% |
| 11 | CENTERPOINT ENERGY | CNP | 4,137,598 | $149.9M | 1.76% |
| 12 | SIMON PPTY INC | 828806109 | 855,848 | $142.1M | 1.66% |
| 13 | NISOURCE INC | NI | 3,535,641 | $141.7M | 1.66% |
| 14 | AMEREN CORPORATION | AEE | 1,397,858 | $140.3M | 1.64% |
| 15 | XCEL ENERGY INC | XELLL | 1,976,451 | $139.9M | 1.64% |
| 16 | SEMPRA | SREA | 1,942,867 | $138.6M | 1.62% |
| 17 | WEC ENERGY GROUP INC | WEC | 1,271,792 | $138.6M | 1.62% |
| 18 | EVERGY INC | EVRG | 1,946,011 | $134.2M | 1.57% |
| 19 | ENTERGY CORP | ENO | 1,554,664 | $132.9M | 1.56% |
| 20 | CHENIERE ENERGY INC | LNG | 552,153 | $127.8M | 1.50% |
| 21 | ATMOS ENERGY CORP | ATO | 813,328 | $125.7M | 1.47% |
| 22 | ALLIANT ENERGY CORP | LNT | 1,916,058 | $123.3M | 1.44% |
| 23 | DUKE ENERGY CORP | DUKB | 1,000,405 | $122.0M | 1.43% |
| 24 | WILLIAMS COS INC | 969457100 | 2,037,740 | $121.8M | 1.43% |
| 25 | REXFORD INDUSTRIAL COM USD0.01 | 76169C100 | 3,074,850 | $120.4M | 1.41% |
| 26 | SOUTHERN CO | SOMN | 1,300,886 | $119.6M | 1.40% |
| 27 | ONEOK INC | OKE | 1,161,191 | $115.2M | 1.35% |
| 28 | IRON MOUNTAIN INC | 46284V101 | 1,331,161 | $114.5M | 1.34% |
| 29 | CROWN CASTLE INC | CCI | 1,084,189 | $113.0M | 1.32% |
| 30 | BRIXMOR PROPERTY G COM USD0.01 | 11120U105 | 4,202,064 | $111.6M | 1.31% |
| 31 | PPL CORP COM | PPLC | 3,012,100 | $108.8M | 1.27% |
| 32 | TARGA RESOURCES IN | TRGP | 531,529 | $106.6M | 1.25% |
| 33 | CMS ENERGY CORP | CMS-PC | 1,382,047 | $103.8M | 1.22% |
| 34 | MPLX LP | MPLXP | 1,928,792 | $103.2M | 1.21% |
| 35 | DTE ENERGY CO | DTK | 727,542 | $100.6M | 1.18% |
| 36 | MID-AMER APT CMNTYS REIT | 59522J103 | 585,940 | $98.2M | 1.15% |
| 37 | OGE ENERGY CORP | OGE | 2,078,962 | $95.5M | 1.12% |
| 38 | ESSENTIAL UTILITIES | 29670G102 | 2,413,764 | $95.4M | 1.12% |
| 39 | EQUITY LIFESTYLE PPT | 29472R108 | 1,406,205 | $93.8M | 1.10% |
| 40 | CUBESMART | CUBE | 2,183,764 | $93.3M | 1.09% |
| 41 | ENERGY TRANSFER L P COM UT LTD PTN | ET-PI | 4,998,607 | $92.9M | 1.09% |
| 42 | TRANSCANADA PIPELINE COM | TRPRF | 1,895,178 | $89.5M | 1.05% |
| 43 | ESSEX PPTY TR INC REIT | 297178105 | 291,470 | $89.4M | 1.05% |
| 44 | PG&E CORP | PCG-PX | 5,163,710 | $88.7M | 1.04% |
| 45 | AT&T INC | T-PC | 3,079,500 | $87.1M | 1.02% |
| 46 | PUBLIC SVC ENTERPR | 744573106 | 1,025,370 | $84.4M | 0.99% |
| 47 | AMERN ELEC PWR INC | 025537101 | 762,162 | $83.3M | 0.98% |
| 48 | AMERICAN WTR WKS CO | 030420103 | 528,356 | $77.9M | 0.91% |
| 49 | ESSENTIAL PPTYS RLTY REIT COM | 29670E107 | 2,222,555 | $72.5M | 0.85% |
| 50 | DOMINION ENERGY INC | D | 1,238,640 | $69.5M | 0.81% |
| 51 | BXP INC | BXP | 944,481 | $63.5M | 0.74% |
| 52 | ENBRIDGE INC | ENNPF | 1,379,710 | $61.1M | 0.72% |
| 53 | VERIZON COMMUNICATIO | VZ | 1,339,489 | $60.8M | 0.71% |
| 54 | SPIRE INC COM USD1 | SRJN | 776,340 | $60.7M | 0.71% |
| 55 | RYMAN HOSPITALITY | 78377T107 | 654,971 | $59.9M | 0.70% |
| 56 | PINNACLE WEST CAP | PNW | 624,930 | $59.5M | 0.70% |
| 57 | PEMBINA PIPELINE | PPLOF | 1,422,104 | $56.9M | 0.67% |
| 58 | PHILLIPS EDISON & CO COM USD0.01 | PECO | 1,508,480 | $55.0M | 0.64% |
| 59 | KINDER MORGAN INC | EP-PC | 1,721,875 | $49.1M | 0.58% |
| 60 | ENTERPRISE PRODS | 293792107 | 1,428,358 | $48.8M | 0.57% |
| 61 | VORNADO RLTY TR SH BEN INT REIT | 929042109 | 1,316,217 | $48.7M | 0.57% |
| 62 | COUSINS PPTYS INC | 222795502 | 1,605,390 | $47.4M | 0.55% |
| 63 | XYLEM INC | XYL | 386,590 | $46.2M | 0.54% |
| 64 | FIRSTENERGY CORP | FE | 1,138,500 | $46.0M | 0.54% |
| 65 | FORTIS INC | FTRSF | 981,900 | $44.7M | 0.52% |
| 66 | SABRA HEALTHCARE | SBRA | 2,533,369 | $44.3M | 0.52% |
| 67 | PLAINS ALL AMERN PIP UNIT | 726503105 | 2,186,900 | $43.7M | 0.51% |
| 68 | ONE GAS INC | OGS | 576,000 | $43.5M | 0.51% |
| 69 | AMERICOLD RLTY TR | COLD | 1,981,770 | $42.5M | 0.50% |
| 70 | UNION PAC CORP | UNP | 179,757 | $42.5M | 0.50% |
| 71 | GAMING&LEISURE PPTYS | 36467J108 | 819,430 | $41.7M | 0.49% |
| 72 | TELUS CORP | TU | 2,666,500 | $38.2M | 0.45% |
| 73 | DT MIDSTREAM INC | DTM | 385,153 | $37.2M | 0.44% |
| 74 | HOST HOTELS & RESRTS REIT | HST | 2,504,968 | $35.6M | 0.42% |
| 75 | NORTHWEST NATURAL HL | 66765N105 | 779,470 | $33.3M | 0.39% |
| 76 | KEYERA CORP | BEKE | 1,032,212 | $32.1M | 0.38% |
| 77 | VERALTO CORPORATION | VLTO | 290,641 | $28.3M | 0.33% |
| 78 | BCE INC | BCPPF | 1,216,375 | $27.9M | 0.33% |
| 79 | NORFOLK SOUTHERN | 655844108 | 114,143 | $27.0M | 0.32% |
| 80 | REALTY INCOME CORP | O | 450,558 | $26.1M | 0.31% |
| 81 | VICI PPTYS INC COM | 925652109 | 771,615 | $25.2M | 0.29% |
| 82 | COMPANHIA DE SANEAME ADR | SBS | 1,374,376 | $24.5M | 0.29% |
| 83 | CANADIAN PACIFIC KC | CP | 338,292 | $23.7M | 0.28% |
| 84 | BLACK HILLS CORP | BKH | 389,700 | $23.6M | 0.28% |
| 85 | ECOLAB INC | ECL | 90,564 | $23.0M | 0.27% |
| 86 | PENTAIR PLC | PNR | 230,756 | $20.2M | 0.24% |
| 87 | LAMAR ADVERTISING CL A | LAMR | 170,336 | $19.4M | 0.23% |
| 88 | EVERSOURCE ENERGY | ES | 303,840 | $18.9M | 0.22% |
| 89 | CORE & MAIN INC CLASS A COMMON STOCK | CNM | 383,850 | $18.5M | 0.22% |
| 90 | GFL ENVIRONMENTAL IN SUB VTG SHS | GFL | 381,231 | $18.4M | 0.22% |
| 91 | WESTERN MIDSTREAM PA COM UNITS REP LTD PT | WES | 425,434 | $17.4M | 0.20% |
| 92 | ADVANCED DRAINAGE COM USD0.01 | 00790R104 | 153,594 | $16.7M | 0.20% |
| 93 | KODIAK GAS SERVICES | 50012A108 | 407,077 | $15.2M | 0.18% |
| 94 | EDISON INTL | 281020107 | 251,600 | $14.8M | 0.17% |
| 95 | SPDR SERIES TRUST PORTFOLIO INTERMEDIA | 78464A375 | 366,915 | $12.2M | 0.14% |
| 96 | ZURN ELKAY WATER SOL | 98983L108 | 330,840 | $10.9M | 0.13% |
| 97 | MUELLER WTR PRODS | 624758108 | 414,620 | $10.5M | 0.12% |
| 98 | SBA COMMUNICATIONS COM USD0.01 CL A | SBAC | 47,502 | $10.5M | 0.12% |
| 99 | KIMCO REALTY CORP | 49446R109 | 480,551 | $10.2M | 0.12% |
| 100 | BADGER METER INC | BMI | 53,563 | $10.2M | 0.12% |
| 101 | H2O AMERICA | HTO | 182,302 | $10.0M | 0.12% |
| 102 | STANTEC INC | STN | 116,614 | $9.7M | 0.11% |
| 103 | WASTE MANAGEMENT INC | 94106L109 | 41,340 | $9.6M | 0.11% |
| 104 | TETRA TECH INC | TTEK | 311,728 | $9.1M | 0.11% |
| 105 | THERMO FISHER SCI | TMO | 17,552 | $8.7M | 0.10% |
| 106 | SOUTH BOW CORP COM NPV | SOBO | 323,467 | $8.3M | 0.10% |
| 107 | AECOM | ACM | 84,810 | $7.9M | 0.09% |
| 108 | VALERO ENERGY CORP | VLO | 57,453 | $7.6M | 0.09% |
| 109 | VODAFONE GRP PLC ADR | 92857W308 | 782,200 | $7.3M | 0.09% |
| 110 | WATTS WATER TECH CLASS A | WTS | 30,216 | $6.2M | 0.07% |
| 111 | DANAHER CORP | 235851102 | 29,710 | $6.1M | 0.07% |
| 112 | IDEX CORP | 45167R104 | 30,835 | $5.6M | 0.07% |
| 113 | VALMONT INDS INC | 920253101 | 17,515 | $5.0M | 0.06% |
| 114 | INVITATION HOMES | INVH | 140,826 | $4.9M | 0.06% |
| 115 | FERGUSON PLC ORD GBP0.10 | FERG | 29,774 | $4.8M | 0.06% |
| 116 | WEYERHAEUSER CO | WY | 153,534 | $4.5M | 0.05% |
| 117 | ENERGY RECOVERY INC | ERII | 248,928 | $4.0M | 0.05% |
| 118 | ALEXANDRIA REAL ESTA REIT | 015271109 | 42,051 | $3.9M | 0.05% |
| 119 | EXTRA SPACE STORAGE REIT | EXR | 19,403 | $2.9M | 0.03% |
| 120 | GRUPO AEROPORTUARIO ADR | 400501102 | 34,000 | $2.7M | 0.03% |
| 121 | PLAINS GP HLDINGS LP CL A SHS LPI | PAGP | 108,119 | $2.3M | 0.03% |
| 122 | FIRST SOLAR | FSLR | 17,442 | $2.2M | 0.03% |
| 123 | RAYONIER INC | RYN | 72,245 | $2.0M | 0.02% |
| 124 | ENPHASE ENERGY | ENPH | 31,191 | $1.9M | 0.02% |
| 125 | CALIFORNIA WTR SVC | 130788102 | 35,006 | $1.7M | 0.02% |
| 126 | SPDR INDEX SHARES S&P GL NAT RES ETF | 78463X541 | 29,450 | $1.6M | 0.02% |
| 127 | CLEARWAY ENERGY INC CL C COM STOCK $0.01 | CWEN-A | 49,306 | $1.5M | 0.02% |
| 128 | NEXTRACKER INC COM USD0.0001 CL A | NXT | 30,446 | $1.3M | 0.02% |
| 129 | SUNOCO LP/SUNOCO FIN COM UT REP LP | SUN | 19,869 | $1.2M | 0.01% |
| 130 | AMERICAN STS WTR CO | 029899101 | 14,146 | $1.1M | 0.01% |
| 131 | GOLAR LNG LTD ORDINARY | GLNG | 27,640 | $1.1M | 0.01% |
| 132 | EASTGROUP PROPERTIES | 277276101 | 5,725 | $1.0M | 0.01% |
| 133 | KINETIK HOLDINGS INC CLASS A COMMON STOCK | KNTK | 18,779 | $975,381 | 0.01% |
| 134 | TE CONNECTIVITY | TEL | 6,543 | $924,657 | 0.01% |
| 135 | VANECK ETF TRUST GOLD MINERS ETF | 92189F106 | 17,400 | $799,878 | 0.01% |
| 136 | INVESCO DB COMMODITY INDEX TRAC | IVZ | 33,374 | $750,915 | 0.01% |
| 137 | MP MATERIALS CORP CLASS A COMMON STOCK | MP | 30,589 | $746,677 | 0.01% |
| 138 | CHART INDS INC | 16115Q308 | 5,109 | $737,535 | 0.01% |
| 139 | HESS MIDSTREAM LP CLASS A SHARE REPRES | HESM | 16,929 | $715,927 | 0.01% |
| 140 | BLOOM ENERGY CORPOR CLASS A COMMON STOCK | BE | 27,424 | $539,156 | 0.01% |
| 141 | HUBBELL INCORPORATED | HUBB | 1,427 | $472,209 | 0.01% |
| 142 | AGREE REALTY CORP | 008492100 | 6,000 | $463,140 | 0.01% |
| 143 | CONSTELLATION ENERGY | CEG | 2,258 | $455,281 | 0.01% |
| 144 | CAMECO CORP | CCJ | 10,759 | $442,840 | 0.01% |
| 145 | AES CORP | AES | 35,536 | $441,357 | 0.01% |
| 146 | TERRENO RLTY CORP | 88146M101 | 6,825 | $431,477 | 0.01% |
| 147 | GE VERNOVA INC | GEV | 1,220 | $372,442 | 0.00% |
| 148 | VIRTUS ETF TRUST II VIRTUS DUFF & PHELPS | 92790A702 | 20,900 | $348,926 | 0.00% |
| 149 | PLUG POWER INC | PLUG | 192,282 | $259,581 | 0.00% |
| 150 | SCHWAB STRATEGIC T US TIPS ETF | 808524870 | 9,300 | $250,077 | 0.00% |
| 151 | INVESCO DB MULTI-SEC AGRICULTURE FD | IVZ | 8,900 | $234,426 | 0.00% |
| 152 | SUNRUN INC COM USD0.0001 | RUN | 35,164 | $206,061 | 0.00% |
| 153 | ARRAY TECHNOLOGIES | ARRY | 32,120 | $156,424 | 0.00% |