DUFF & PHELPS INVESTMENT MANAGEMENT CO Q4 2025 Filing

Filed January 26, 2026

Portfolio Value

$8.8B

Holdings

146

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (146 positions)

#StockSharesValue% PortfolioType
1
WELLWELLTOWER OP INC
2,609,690$484.4M5.49%
2
PLDPROLOGIS INC
3,156,371$402.9M4.57%
3
EQIXEQUINIX INC
478,333$366.5M4.15%
4
FQIDIGITAL RLTY TR INC
1,542,710$238.7M2.71%
5
VENVENTAS INC
2,576,274$199.4M2.26%
6
SRESEMPRA
2,086,619$184.2M2.09%
7
XELXCEL ENERGY INC
2,352,387$173.7M1.97%
8
AVBAVALONBAY COMMUNTIES REIT
940,065$170.4M1.93%
9
NEENEXTERA ENERGY INC
2,068,314$166.0M1.88%
10
SPGSIMON PPTY INC
877,686$162.5M1.84%
11
AMTAMERICAN TOWER CORP
917,855$161.1M1.83%
12
AMHAMERICAN HOMES 4 R CL A
4,556,397$146.3M1.66%
13
CNPCENTERPOINT ENERGY
3,811,242$146.1M1.66%
14
ETRENTERGY CORP
1,579,455$146.0M1.65%
15
IRMIRON MOUNTAIN INC
1,580,452$131.1M1.49%
16
NINISOURCE INC
3,106,606$129.7M1.47%
17
FRFIRST IND REALTY TR
2,184,408$125.1M1.42%
18
EVRGEVERGY INC
1,715,935$124.4M1.41%
19
LNTALLIANT ENERGY CORP
1,898,522$123.4M1.40%
20
AEEAMEREN CORPORATION
1,204,941$120.3M1.36%
21
MAAMID-AMER APT CMNTYS REIT
850,093$118.1M1.34%
22
PSAPUBLIC STORAGE REIT COMMON
449,410$116.6M1.32%
23
BRXBRIXMOR PROPERTY G COM USD0.01
4,430,543$116.2M1.32%
24
WMBWILLIAMS COS INC
1,865,628$112.1M1.27%
25
ATOATMOS ENERGY CORP
652,306$109.3M1.24%
26
SOSOUTHERN CO
1,238,217$108.0M1.22%
27
PPLPPL CORP COM
3,055,621$107.0M1.21%
28
8CWCROWN CASTLE INC
1,192,658$106.0M1.20%
29
DUKDUKE ENERGY CORP
896,780$105.1M1.19%
30
WECWEC ENERGY GROUP INC
981,194$103.5M1.17%
31
DTEDTE ENERGY CO
792,446$102.2M1.16%
32
CMSCMS ENERGY CORP
1,453,667$101.7M1.15%
33
EPRTESSENTIAL PPTYS RLTY REIT COM
3,424,842$101.6M1.15%
34
CUBECUBESMART
2,719,631$98.0M1.11%
35
MPLXMPLX LP
1,832,003$97.8M1.11%
36
TRGPTARGA RESOURCES IN
522,546$96.4M1.09%
37
PEGPUBLIC SVC ENTERPR
1,179,391$94.7M1.07%
38
ELSEQUITY LIFESTYLE PPT
1,545,120$93.6M1.06%
39
TRPTRANSCANADA PIPELINE COM
1,696,644$93.3M1.06%
40
LNGCHENIERE ENERGY INC
462,495$89.9M1.02%
41
OGEOGE ENERGY CORP
2,096,429$89.5M1.01%
42
AEPAMERN ELEC PWR INC
762,162$87.9M1.00%
43
DDOMINION ENERGY INC
1,492,575$87.4M0.99%
44
ESSESSEX PPTY TR INC REIT
328,657$86.0M0.97%
45
WTRGESSENTIAL UTILITIES
2,188,681$84.0M0.95%
46
PCGPG&E CORP
5,210,950$83.7M0.95%
47
SRSPIRE INC COM USD1
983,436$81.3M0.92%
48
TAT&T INC
3,140,500$78.0M0.88%
49
RHPRYMAN HOSPITALITY
776,253$73.4M0.83%
50
ADCAGREE REALTY CORP
957,943$69.0M0.78%
51
KMIKINDER MORGAN INC
2,434,803$66.9M0.76%
52
ENBENBRIDGE INC
1,363,419$65.2M0.74%
53
PECOPHILLIPS EDISON & CO COM USD0.01
1,788,426$63.6M0.72%
54
ETENERGY TRANSFER L P COM UT LTD PTN
3,765,800$62.1M0.70%
55
BXPBXP INC
879,131$59.3M0.67%
56
AWCAMERICAN WTR WKS CO
449,022$58.6M0.66%
57
FEFIRSTENERGY CORP
1,304,500$58.4M0.66%
58
PNWPINNACLE WEST CAP
624,930$55.4M0.63%
59
BACVERIZON COMMUNICATIO
1,339,489$54.6M0.62%
60
CUZCOUSINS PPTYS INC
2,091,727$53.9M0.61%
61
SBCSABRA HEALTHCARE
2,788,795$52.8M0.60%
62
OKEONEOK INC
717,725$52.8M0.60%
63
FTSFORTIS INC
981,900$51.1M0.58%
64
XYLXYLEM INC
369,910$50.4M0.57%
65
EPDENTERPRISE PRODS
1,561,283$50.1M0.57%
66
GLPIGAMING&LEISURE PPTYS
1,114,299$49.8M0.56%
67
AREALEXANDRIA REAL ESTA REIT
999,846$48.9M0.55%
68
VNOVORNADO RLTY TR SH BEN INT REIT
1,466,710$48.8M0.55%
69
UNPUNION PAC CORP
207,322$48.0M0.54%
70
OGSONE GAS INC
576,000$44.5M0.50%
71
REXRREXFORD INDUSTRIAL COM USD0.01
1,145,690$44.4M0.50%
72
DTMDT MIDSTREAM INC
369,048$44.2M0.50%
73
ESEVERSOURCE ENERGY
607,620$40.9M0.46%
74
NWNNORTHWEST NATURAL HL
856,710$40.0M0.45%
75
PAAPLAINS ALL AMERN PIP UNIT
2,176,900$39.1M0.44%
76
KEYKEYERA CORP
1,200,638$38.5M0.44%
77
PPLPEMBINA PIPELINE
963,076$36.7M0.42%
78
VLTOVERALTO CORPORATION
356,391$35.6M0.40%
79
TTELUS CORP
2,666,500$35.2M0.40%
80
SAJACOMPANHIA DE SANEAME ADR
1,444,628$34.5M0.39%
81
SMASMARTSTOP SELF STORA
1,099,700$34.0M0.39%
82
CNRCDN NATL RAILWAY
336,789$33.4M0.38%
83
CSXCSX CORP
805,115$29.2M0.33%
84
CPCANADIAN PACIFIC KC
370,512$27.3M0.31%
85
BKHBLACK HILLS CORP
389,700$27.1M0.31%
86
BCEBCE INC
1,127,288$26.9M0.30%
87
PNRPENTAIR PLC
250,547$26.1M0.30%
88
ECLECOLAB INC
90,879$23.9M0.27%
89
WMSADVANCED DRAINAGE COM USD0.01
139,606$20.2M0.23%
90
KIMKIMCO REALTY CORP
935,321$19.0M0.21%
91
VMIVALMONT INDS INC
46,903$18.9M0.21%
92
CNMCORE & MAIN INC CLASS A COMMON STOCK
357,052$18.6M0.21%
93
KGSKODIAK GAS SERVICES
462,123$17.3M0.20%
94
AHRAMERICAN HEALTHCARE
328,275$15.4M0.18%
95
GFLGFL ENVIRONMENTAL IN SUB VTG SHS
323,747$13.9M0.16%
96
JT5MUELLER WTR PRODS
547,963$13.1M0.15%
97
FELEFRANKLIN ELEC INC
110,184$10.5M0.12%
98
TMOTHERMO FISHER SCI
16,191$9.4M0.11%
99
WTSWATTS WATER TECH CLASS A
33,888$9.4M0.11%
100
BMIBADGER METER INC
51,938$9.1M0.10%
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