13F HOLDINGS REPORT
DUFF & PHELPS INVESTMENT MANAGEMENT CO
Quarter ended Q2 2025 · Filed August 11, 2025 · Accession 0001140361-25-030078
Total Value
$8.51B
Positions
154
Other Managers
2
Confidential Omitted
No
Holdings (154)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | WELLTOWER OP INC | WELL | 2,509,637 | $385.8M | 4.53% |
| 2 | EQUINIX INC | EQIX | 407,760 | $324.4M | 3.81% |
| 3 | PROLOGIS INC | PLDGP | 2,969,334 | $312.1M | 3.67% |
| 4 | DIGITAL RLTY TR INC | 253868103 | 1,371,704 | $239.1M | 2.81% |
| 5 | AMERICAN TOWER CORP | 03027X100 | 877,866 | $194.0M | 2.28% |
| 6 | NEXTERA ENERGY INC | NEE-PW | 2,598,600 | $180.4M | 2.12% |
| 7 | AVALONBAY COMMUNTIES REIT | AWX | 878,729 | $178.8M | 2.10% |
| 8 | VENTAS INC | VTR | 2,767,457 | $174.8M | 2.05% |
| 9 | SEMPRA | SREA | 2,036,825 | $154.3M | 1.81% |
| 10 | AMERICAN HOMES 4 R CL A | AMH-PG | 4,235,737 | $152.8M | 1.80% |
| 11 | IRON MOUNTAIN INC | 46284V101 | 1,472,579 | $151.0M | 1.78% |
| 12 | XCEL ENERGY INC | XELLL | 2,206,529 | $150.3M | 1.77% |
| 13 | PUBLIC STORAGE REIT COMMON | PSA-PS | 511,296 | $150.0M | 1.76% |
| 14 | SIMON PPTY INC | 828806109 | 859,593 | $138.2M | 1.62% |
| 15 | AMEREN CORPORATION | AEE | 1,397,244 | $134.2M | 1.58% |
| 16 | EVERGY INC | EVRG | 1,945,073 | $134.1M | 1.58% |
| 17 | NISOURCE INC | NI | 3,318,415 | $133.9M | 1.57% |
| 18 | CENTERPOINT ENERGY | CNP | 3,596,493 | $132.1M | 1.55% |
| 19 | ENTERGY CORP | ENO | 1,553,892 | $129.2M | 1.52% |
| 20 | WILLIAMS COS INC | 969457100 | 2,040,866 | $128.2M | 1.51% |
| 21 | SOUTHERN CO | SOMN | 1,345,974 | $123.6M | 1.45% |
| 22 | DUKE ENERGY CORP | DUKB | 1,043,069 | $123.1M | 1.45% |
| 23 | WEC ENERGY GROUP INC | WEC | 1,119,245 | $116.6M | 1.37% |
| 24 | ALLIANT ENERGY CORP | LNT | 1,906,829 | $115.3M | 1.36% |
| 25 | CHENIERE ENERGY INC | LNG | 471,846 | $114.9M | 1.35% |
| 26 | ATMOS ENERGY CORP | ATO | 745,178 | $114.8M | 1.35% |
| 27 | CROWN CASTLE INC | CCI | 1,092,508 | $112.2M | 1.32% |
| 28 | BRIXMOR PROPERTY G COM USD0.01 | 11120U105 | 4,205,401 | $109.5M | 1.29% |
| 29 | MID-AMER APT CMNTYS REIT | 59522J103 | 725,264 | $107.3M | 1.26% |
| 30 | REXFORD INDUSTRIAL COM USD0.01 | 76169C100 | 2,924,187 | $104.0M | 1.22% |
| 31 | PPL CORP COM | PPLC | 3,010,169 | $102.0M | 1.20% |
| 32 | CMS ENERGY CORP | CMS-PC | 1,453,667 | $100.7M | 1.18% |
| 33 | DTE ENERGY CO | DTK | 727,542 | $96.4M | 1.13% |
| 34 | MPLX LP | MPLXP | 1,832,792 | $94.4M | 1.11% |
| 35 | CUBESMART | CUBE | 2,219,524 | $94.3M | 1.11% |
| 36 | TRANSCANADA PIPELINE COM | TRPRF | 1,893,241 | $92.4M | 1.09% |
| 37 | OGE ENERGY CORP | OGE | 2,078,184 | $92.2M | 1.08% |
| 38 | ENERGY TRANSFER L P COM UT LTD PTN | ET-PI | 5,045,747 | $91.5M | 1.08% |
| 39 | AT&T INC | T-PC | 3,079,500 | $89.1M | 1.05% |
| 40 | EQUITY LIFESTYLE PPT | 29472R108 | 1,436,138 | $88.6M | 1.04% |
| 41 | PUBLIC SVC ENTERPR | 744573106 | 1,045,462 | $88.0M | 1.03% |
| 42 | TARGA RESOURCES IN | TRGP | 495,650 | $86.3M | 1.01% |
| 43 | ESSEX PPTY TR INC REIT | 297178105 | 297,246 | $84.2M | 0.99% |
| 44 | ESSENTIAL UTILITIES | 29670G102 | 2,142,795 | $79.6M | 0.94% |
| 45 | AMERN ELEC PWR INC | 025537101 | 762,162 | $79.1M | 0.93% |
| 46 | ESSENTIAL PPTYS RLTY REIT COM | 29670E107 | 2,391,968 | $76.3M | 0.90% |
| 47 | SPIRE INC COM USD1 | SRJN | 1,030,625 | $75.2M | 0.88% |
| 48 | KINDER MORGAN INC | EP-PC | 2,476,564 | $72.8M | 0.86% |
| 49 | PG&E CORP | PCG-PX | 5,158,929 | $71.9M | 0.85% |
| 50 | DOMINION ENERGY INC | D | 1,238,640 | $70.0M | 0.82% |
| 51 | RYMAN HOSPITALITY | 78377T107 | 674,269 | $66.5M | 0.78% |
| 52 | AMERICAN WTR WKS CO | 030420103 | 468,064 | $65.1M | 0.77% |
| 53 | BXP INC | BXP | 961,754 | $64.9M | 0.76% |
| 54 | ENBRIDGE INC | ENNPF | 1,384,751 | $62.8M | 0.74% |
| 55 | ONEOK INC | OKE | 767,723 | $62.7M | 0.74% |
| 56 | VERIZON COMMUNICATIO | VZ | 1,339,489 | $58.0M | 0.68% |
| 57 | PINNACLE WEST CAP | PNW | 624,930 | $55.9M | 0.66% |
| 58 | PEMBINA PIPELINE | PPLOF | 1,428,016 | $53.5M | 0.63% |
| 59 | PHILLIPS EDISON & CO COM USD0.01 | PECO | 1,522,883 | $53.3M | 0.63% |
| 60 | COUSINS PPTYS INC | 222795502 | 1,769,553 | $53.1M | 0.62% |
| 61 | FIRSTENERGY CORP | FE | 1,304,500 | $52.5M | 0.62% |
| 62 | VORNADO RLTY TR SH BEN INT REIT | 929042109 | 1,327,406 | $50.8M | 0.60% |
| 63 | XYLEM INC | XYL | 392,284 | $50.7M | 0.60% |
| 64 | DT MIDSTREAM INC | DTM | 458,299 | $50.4M | 0.59% |
| 65 | SABRA HEALTHCARE | SBRA | 2,549,438 | $47.0M | 0.55% |
| 66 | FORTIS INC | FTRSF | 981,900 | $46.8M | 0.55% |
| 67 | TELUS CORP | TU | 2,666,500 | $42.7M | 0.50% |
| 68 | ONE GAS INC | OGS | 576,000 | $41.4M | 0.49% |
| 69 | HOST HOTELS & RESRTS REIT | HST | 2,679,213 | $41.2M | 0.48% |
| 70 | KEYERA CORP | BEKE | 1,242,693 | $40.6M | 0.48% |
| 71 | ENTERPRISE PRODS | 293792107 | 1,290,489 | $40.0M | 0.47% |
| 72 | GAMING&LEISURE PPTYS | 36467J108 | 828,752 | $38.7M | 0.45% |
| 73 | NORTHWEST NATURAL HL | 66765N105 | 940,470 | $37.4M | 0.44% |
| 74 | SMARTSTOP SELF STORA | 83192D402 | 956,447 | $34.7M | 0.41% |
| 75 | PLAINS ALL AMERN PIP UNIT | 726503105 | 1,856,900 | $34.0M | 0.40% |
| 76 | VERALTO CORPORATION | VLTO | 334,238 | $33.7M | 0.40% |
| 77 | AMERICOLD RLTY TR | COLD | 1,948,398 | $32.4M | 0.38% |
| 78 | CANADIAN PACIFIC KC | CP | 393,468 | $31.2M | 0.37% |
| 79 | COMPANHIA DE SANEAME ADR | SBS | 1,361,191 | $29.9M | 0.35% |
| 80 | BCE INC | BCPPF | 1,216,375 | $27.0M | 0.32% |
| 81 | CSX CORP | CSX | 797,977 | $26.0M | 0.31% |
| 82 | PENTAIR PLC | PNR | 245,072 | $25.2M | 0.30% |
| 83 | VICI PPTYS INC COM | 925652109 | 757,283 | $24.7M | 0.29% |
| 84 | ECOLAB INC | ECL | 88,401 | $23.8M | 0.28% |
| 85 | CORE & MAIN INC CLASS A COMMON STOCK | CNM | 383,850 | $23.2M | 0.27% |
| 86 | BLACK HILLS CORP | BKH | 389,700 | $21.9M | 0.26% |
| 87 | LAMAR ADVERTISING CL A | LAMR | 170,581 | $20.7M | 0.24% |
| 88 | UNION PAC CORP | UNP | 86,810 | $20.0M | 0.23% |
| 89 | EVERSOURCE ENERGY | ES | 303,840 | $19.3M | 0.23% |
| 90 | CDN NATL RAILWAY | 136375102 | 176,477 | $18.4M | 0.22% |
| 91 | KODIAK GAS SERVICES | 50012A108 | 484,960 | $16.6M | 0.20% |
| 92 | AGREE REALTY CORP | 008492100 | 204,050 | $14.9M | 0.18% |
| 93 | ADVANCED DRAINAGE COM USD0.01 | 00790R104 | 127,078 | $14.6M | 0.17% |
| 94 | GFL ENVIRONMENTAL IN SUB VTG SHS | GFL | 289,125 | $14.6M | 0.17% |
| 95 | VALMONT INDS INC | 920253101 | 44,449 | $14.5M | 0.17% |
| 96 | NORFOLK SOUTHERN | 655844108 | 54,205 | $13.9M | 0.16% |
| 97 | AECOM | ACM | 118,114 | $13.3M | 0.16% |
| 98 | BADGER METER INC | BMI | 53,563 | $13.1M | 0.15% |
| 99 | SPDR SERIES TRUST PORTFOLIO INTERMEDIA | 78464A375 | 372,415 | $12.5M | 0.15% |
| 100 | H2O AMERICA | HTO | 232,932 | $12.1M | 0.14% |
| 101 | MUELLER WTR PRODS | 624758108 | 500,405 | $12.0M | 0.14% |
| 102 | TETRA TECH INC | TTEK | 311,728 | $11.2M | 0.13% |
| 103 | SBA COMMUNICATIONS COM USD0.01 CL A | SBAC | 46,402 | $10.9M | 0.13% |
| 104 | REALTY INCOME CORP | O | 188,746 | $10.9M | 0.13% |
| 105 | STANTEC INC | STN | 93,559 | $10.2M | 0.12% |
| 106 | KIMCO REALTY CORP | 49446R109 | 470,551 | $9.9M | 0.12% |
| 107 | IDEX CORP | 45167R104 | 53,246 | $9.3M | 0.11% |
| 108 | WATTS WATER TECH CLASS A | WTS | 34,948 | $8.6M | 0.10% |
| 109 | VODAFONE GRP PLC ADR | 92857W308 | 682,200 | $7.3M | 0.09% |
| 110 | WASTE MANAGEMENT INC | 94106L109 | 29,453 | $6.7M | 0.08% |
| 111 | EDISON INTL | 281020107 | 123,600 | $6.4M | 0.07% |
| 112 | SUNOCO LP/SUNOCO FIN COM UT REP LP | SUN | 113,263 | $6.1M | 0.07% |
| 113 | FRANKLIN ELEC INC | FELE | 65,480 | $5.9M | 0.07% |
| 114 | DANAHER CORP | 235851102 | 29,710 | $5.9M | 0.07% |
| 115 | THERMO FISHER SCI | TMO | 14,300 | $5.8M | 0.07% |
| 116 | FERGUSON PLC ORD GBP0.10 | FERG | 26,466 | $5.8M | 0.07% |
| 117 | WEYERHAEUSER CO | WY | 218,334 | $5.6M | 0.07% |
| 118 | KEYERA CORP SUBSCRIPT RECEIPT | BEKE | 175,000 | $5.6M | 0.07% |
| 119 | ZURN ELKAY WATER SOL | 98983L108 | 151,772 | $5.6M | 0.07% |
| 120 | FIRST SOLAR | FSLR | 27,191 | $4.5M | 0.05% |
| 121 | INVITATION HOMES | INVH | 131,626 | $4.3M | 0.05% |
| 122 | AMERICAN HEALTHCARE | AHR | 110,000 | $4.0M | 0.05% |
| 123 | GRUPO AEROPORTUARIO ADR | 400501102 | 34,000 | $3.6M | 0.04% |
| 124 | ENERGY RECOVERY INC | ERII | 248,928 | $3.2M | 0.04% |
| 125 | SPDR INDEX SHARES S&P GL NAT RES ETF | 78463X541 | 49,400 | $2.7M | 0.03% |
| 126 | EXTRA SPACE STORAGE REIT | EXR | 17,103 | $2.5M | 0.03% |
| 127 | NEXTRACKER INC COM USD0.0001 CL A | NXT | 40,094 | $2.2M | 0.03% |
| 128 | ALEXANDRIA REAL ESTA REIT | 015271109 | 24,651 | $1.8M | 0.02% |
| 129 | CLEARWAY ENERGY INC CL C COM STOCK $0.01 | CWEN-A | 55,838 | $1.8M | 0.02% |
| 130 | PLAINS GP HLDINGS LP CL A SHS LPI | PAGP | 80,859 | $1.6M | 0.02% |
| 131 | BLOOM ENERGY CORPOR CLASS A COMMON STOCK | BE | 65,320 | $1.6M | 0.02% |
| 132 | ENPHASE ENERGY | ENPH | 35,312 | $1.4M | 0.02% |
| 133 | CONSTELLATION ENERGY | CEG | 3,770 | $1.2M | 0.01% |
| 134 | TE CONNECTIVITY | TEL | 7,148 | $1.2M | 0.01% |
| 135 | VANECK ETF TRUST GOLD MINERS ETF | 92189F106 | 22,930 | $1.2M | 0.01% |
| 136 | SCHWAB STRATEGIC T US TIPS ETF | 808524870 | 41,820 | $1.1M | 0.01% |
| 137 | VIRTUS ETF TRUST II VIRTUS DUFF & PHELPS | 92790A702 | 57,575 | $1.1M | 0.01% |
| 138 | EASTGROUP PROPERTIES | 277276101 | 5,725 | $956,762 | 0.01% |
| 139 | HUBBELL INCORPORATED | HUBB | 2,265 | $925,049 | 0.01% |
| 140 | INVESCO DB COMMODITY INDEX TRAC | IVZ | 40,844 | $890,808 | 0.01% |
| 141 | GOLAR LNG LTD ORDINARY | GLNG | 20,832 | $858,070 | 0.01% |
| 142 | CAMECO CORP | CCJ | 11,353 | $842,733 | 0.01% |
| 143 | KINETIK HOLDINGS INC CLASS A COMMON STOCK | KNTK | 18,539 | $816,643 | 0.01% |
| 144 | ORMAT TECHNOLOGIES | ORA | 9,035 | $756,772 | 0.01% |
| 145 | GE VERNOVA INC | GEV | 1,381 | $730,756 | 0.01% |
| 146 | MP MATERIALS CORP CLASS A COMMON STOCK | MP | 20,965 | $697,506 | 0.01% |
| 147 | VALERO ENERGY CORP | VLO | 4,185 | $562,548 | 0.01% |
| 148 | INVESCO DB MULTI-SEC AGRICULTURE FD | IVZ | 20,525 | $536,729 | 0.01% |
| 149 | SUNRUN INC COM USD0.0001 | RUN | 51,807 | $423,781 | 0.00% |
| 150 | GIBSON ENERGY | GBNXF | 24,082 | $421,810 | 0.00% |
| 151 | SOLAREDGE TECHNOLO | SEDG | 20,161 | $411,284 | 0.00% |
| 152 | TERRENO RLTY CORP | 88146M101 | 6,825 | $382,678 | 0.00% |
| 153 | PLUG POWER INC | PLUG | 217,689 | $324,357 | 0.00% |
| 154 | ARRAY TECHNOLOGIES | ARRY | 36,365 | $214,554 | 0.00% |