The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COMMON STOCK 88579Y101 4,608 23,200 SH   SOLE 0 0 0 23,200
ABBVIE INC COMMON STOCK 00287Y109 6,038 53,600 SH   SOLE 0 0 0 53,600
AGNC INVESTMENT CORP COMMON STOCK 00123Q104 2,914 172,500 SH   SOLE 0 0 0 172,500
ALEXANDRIA REAL ESTATE EQUIT COMMON STOCK 015271109 3,766 20,700 SH   SOLE 0 0 0 20,700
ALLSTATE CORP COMMON STOCK 020002101 3,718 28,500 SH   SOLE 0 0 0 28,500
ALTRIA GROUP INC COMMON STOCK 02209S103 3,957 83,000 SH   SOLE 0 0 0 83,000
AMERICAN CAMPUS COMMUNITIES COMMON STOCK 024835100 1,775 38,000 SH   SOLE 0 0 0 38,000
AMERICAN HOMES 4 RENT- A COMMON STOCK 02665T306 3,419 88,000 SH   SOLE 0 0 0 88,000
AMERIPRISE FINANCIAL INC COMMON STOCK 03076C106 3,385 13,600 SH   SOLE 0 0 0 13,600
AMGEN INC COMMON STOCK 031162100 4,924 20,200 SH   SOLE 0 0 0 20,200
ANNALY CAPITAL MANAGEMENT IN COMMON STOCK 035710409 2,930 330,000 SH   SOLE 0 0 0 330,000
ANTHEM INC COMMON STOCK 036752103 4,553 11,925 SH   SOLE 0 0 0 11,925
APARTMENT INCOME REIT CO-W/I COMMON STOCK 03750L109 2,581 54,422 SH   SOLE 0 0 0 54,422
APARTMENT INVT and MGMT CO -A COMMON STOCK 03748R747 371 55,222 SH   SOLE 0 0 0 55,222
APPLE HOSPITALITY REIT INC COMMON STOCK 03784Y200 763 50,000 SH   SOLE 0 0 0 50,000
APPLE INC COMMON STOCK 037833100 26,694 194,900 SH   SOLE 0 0 0 194,900
APPLIED MATERIALS INC COMMON STOCK 038222105 4,984 35,000 SH   SOLE 0 0 0 35,000
ARCHER-DANIELS-MIDLAND CO COMMON STOCK 039483102 3,454 57,000 SH   SOLE 0 0 0 57,000
ATandT INC COMMON STOCK 00206R102 5,756 200,000 SH   SOLE 0 0 0 200,000
ATMOS ENERGY CORP COMMON STOCK 049560105 2,979 31,000 SH   SOLE 0 0 0 31,000
AUTOMATIC DATA PROCESSING COMMON STOCK 053015103 4,131 20,800 SH   SOLE 0 0 0 20,800
AUTOZONE INC COMMON STOCK 053332102 3,432 2,300 SH   SOLE 0 0 0 2,300
AVALONBAY COMMUNITIES INC COMMON STOCK 053484101 6,995 33,520 SH   SOLE 0 0 0 33,520
AVERY DENNISON CORP COMMON STOCK 053611109 3,322 15,800 SH   SOLE 0 0 0 15,800
BAXTER INTERNATIONAL INC COMMON STOCK 071813109 3,301 41,000 SH   SOLE 0 0 0 41,000
BECTON DICKINSON AND CO COMMON STOCK 075887109 3,526 14,500 SH   SOLE 0 0 0 14,500
BERKSHIRE HATHAWAY INC-CL B COMMON STOCK 084670702 8,754 31,500 SH   SOLE 0 0 0 31,500
BEST BUY CO INC COMMON STOCK 086516101 3,070 26,700 SH   SOLE 0 0 0 26,700
BIOGEN INC COMMON STOCK 09062X103 4,155 12,000 SH   SOLE 0 0 0 12,000
BLACKROCK INC COMMON STOCK 09247X101 5,075 5,800 SH   SOLE 0 0 0 5,800
BOOZ ALLEN HAMILTON HOLDINGS COMMON STOCK 099502106 2,811 33,000 SH   SOLE 0 0 0 33,000
BOSTON PROPERTIES INC COMMON STOCK 101121101 2,225 19,417 SH   SOLE 0 0 0 19,417
BRANDYWINE REALTY TRUST COMMON STOCK 105368203 2,898 211,400 SH   SOLE 0 0 0 211,400
BRISTOL-MYERS SQUIBB CO COMMON STOCK 110122108 5,212 78,000 SH   SOLE 0 0 0 78,000
BRISTOL-MYERS SQUIBB-CVR COMMON STOCK 110122157 0 33,000 SH   SOLE 0 0 0 33,000
BRIXMOR PROPERTY GROUP INC COMMON STOCK 11120U105 3,411 149,000 SH   SOLE 0 0 0 149,000
CAMDEN PROPERTY TRUST COMMON STOCK 133131102 4,071 30,686 SH   SOLE 0 0 0 30,686
CAMPBELL SOUP CO COMMON STOCK 134429109 2,690 59,000 SH   SOLE 0 0 0 59,000
CDW CORP/DE COMMON STOCK 12514G108 3,248 18,600 SH   SOLE 0 0 0 18,600
CENTERSPACE COMMON STOCK 15202L107 1,458 18,480 SH   SOLE 0 0 0 18,480
CERNER CORP COMMON STOCK 156782104 2,970 38,000 SH   SOLE 0 0 0 38,000
CHATHAM LODGING TRUST COMMON STOCK 16208T102 463 36,000 SH   SOLE 0 0 0 36,000
CHURCH and DWIGHT CO INC COMMON STOCK 171340102 3,068 36,000 SH   SOLE 0 0 0 36,000
CISCO SYSTEMS INC COMMON STOCK 17275R102 6,175 116,500 SH   SOLE 0 0 0 116,500
CITRIX SYSTEMS INC COMMON STOCK 177376100 2,463 21,000 SH   SOLE 0 0 0 21,000
CLOROX COMPANY COMMON STOCK 189054109 2,789 15,500 SH   SOLE 0 0 0 15,500
COGNIZANT TECH SOLUTIONS-A COMMON STOCK 192446102 2,978 43,000 SH   SOLE 0 0 0 43,000
COLGATE-PALMOLIVE CO COMMON STOCK 194162103 3,864 47,500 SH   SOLE 0 0 0 47,500
COLUMBIA PROPERTY TRUST INC COMMON STOCK 198287203 1,409 81,000 SH   SOLE 0 0 0 81,000
COMCAST CORP-CLASS A COMMON STOCK 20030N101 6,842 120,000 SH   SOLE 0 0 0 120,000
CONSOLIDATED EDISON INC COMMON STOCK 209115104 2,869 40,000 SH   SOLE 0 0 0 40,000
CORESITE REALTY CORP COMMON STOCK 21870Q105 2,545 18,908 SH   SOLE 0 0 0 18,908
CORPORATE OFFICE PROPERTIES COMMON STOCK 22002T108 1,260 45,000 SH   SOLE 0 0 0 45,000
COUSINS PROPERTIES INC COMMON STOCK 222795502 3,604 97,977 SH   SOLE 0 0 0 97,977
CUBESMART COMMON STOCK 229663109 3,682 79,500 SH   SOLE 0 0 0 79,500
CUMMINS INC COMMON STOCK 231021106 3,096 12,700 SH   SOLE 0 0 0 12,700
CYRUSONE INC COMMON STOCK 23283R100 4,041 56,500 SH   SOLE 0 0 0 56,500
DIGITAL REALTY TRUST INC COMMON STOCK 253868103 8,233 54,719 SH   SOLE 0 0 0 54,719
DOLLAR GENERAL CORP COMMON STOCK 256677105 3,679 17,000 SH   SOLE 0 0 0 17,000
DOMINION ENERGY INC COMMON STOCK 25746U109 3,487 47,400 SH   SOLE 0 0 0 47,400
DOUGLAS EMMETT INC COMMON STOCK 25960P109 202 6,000 SH   SOLE 0 0 0 6,000
DUKE REALTY CORP COMMON STOCK 264411505 2,771 58,524 SH   SOLE 0 0 0 58,524
DigitalBridge Group Inc COMMON STOCK 25401T108 1,003 126,932 SH   SOLE 0 0 0 126,932
Diversified Healthcare Trust COMMON STOCK 25525P107 1,668 399,100 SH   SOLE 0 0 0 399,100
EBAY INC COMMON STOCK 278642103 4,002 57,000 SH   SOLE 0 0 0 57,000
ELECTRONIC ARTS INC COMMON STOCK 285512109 3,308 23,000 SH   SOLE 0 0 0 23,000
ELI LILLY and CO COMMON STOCK 532457108 6,427 28,000 SH   SOLE 0 0 0 28,000
EMPIRE STATE REALTY TRUST-A COMMON STOCK 292104106 648 54,000 SH   SOLE 0 0 0 54,000
EPR PROPERTIES COMMON STOCK 26884U109 778 14,762 SH   SOLE 0 0 0 14,762
EQUINIX INC COMMON STOCK 29444U700 8,318 10,364 SH   SOLE 0 0 0 10,364
EQUITY RESIDENTIAL COMMON STOCK 29476L107 6,203 80,556 SH   SOLE 0 0 0 80,556
ESSENTIAL PROPERTIES REALTY COMMON STOCK 29670E107 1,433 53,000 SH   SOLE 0 0 0 53,000
ESSEX PROPERTY TRUST INC COMMON STOCK 297178105 5,144 17,145 SH   SOLE 0 0 0 17,145
EXELON CORP COMMON STOCK 30161N101 3,412 77,000 SH   SOLE 0 0 0 77,000
EXPEDITORS INTL WASH INC COMMON STOCK 302130109 3,595 28,400 SH   SOLE 0 0 0 28,400
F5 NETWORKS INC COMMON STOCK 315616102 2,651 14,200 SH   SOLE 0 0 0 14,200
FACEBOOK INC-A COMMON STOCK 30303M102 15,821 45,500 SH   SOLE 0 0 0 45,500
FOUR CORNERS PROPERTY TRUST COMMON STOCK 35086T109 1,739 63,000 SH   SOLE 0 0 0 63,000
GAMING AND LEISURE PROPERTIE COMMON STOCK 36467J108 3,631 78,372 SH   SOLE 0 0 0 78,372
GENERAL MILLS INC COMMON STOCK 370334104 3,412 56,000 SH   SOLE 0 0 0 56,000
GLOBAL MEDICAL REIT INC COMMON STOCK 37954A204 945 64,000 SH   SOLE 0 0 0 64,000
GLOBAL NET LEASE INC COMMON STOCK 379378201 2,553 137,976 SH   SOLE 0 0 0 137,976
GLOBE LIFE INC COMMON STOCK 37959E102 2,877 30,200 SH   SOLE 0 0 0 30,200
HCP INC COMMON STOCK 42250P103 5,346 160,593 SH   SOLE 0 0 0 160,593
HEALTHCARE REALTY TRUST INC COMMON STOCK 421946104 1,592 52,719 SH   SOLE 0 0 0 52,719
HEALTHCARE TRUST OF AME-CL A COMMON STOCK 42225P501 3,418 128,000 SH   SOLE 0 0 0 128,000
HENRY SCHEIN INC COMMON STOCK 806407102 3,042 41,000 SH   SOLE 0 0 0 41,000
HERSHA HOSPITALITY TRUST COMMON STOCK 427825500 430 40,000 SH   SOLE 0 0 0 40,000
HERSHEY CO/THE COMMON STOCK 427866108 3,536 20,300 SH   SOLE 0 0 0 20,300
HIGHWOODS PROPERTIES INC COMMON STOCK 431284108 2,250 49,802 SH   SOLE 0 0 0 49,802
HOME DEPOT INC COMMON STOCK 437076102 7,877 24,700 SH   SOLE 0 0 0 24,700
HOST HOTELS and RESORTS INC COMMON STOCK 44107P104 3,401 198,998 SH   SOLE 0 0 0 198,998
HP INC COMMON STOCK 40434L105 3,381 112,000 SH   SOLE 0 0 0 112,000
HUDSON PACIFIC PROPERTIES IN COMMON STOCK 444097109 2,128 76,500 SH   SOLE 0 0 0 76,500
HUMANA INC COMMON STOCK 444859102 3,807 8,600 SH   SOLE 0 0 0 8,600
HUNT (JB) TRANSPRT SVCS INC COMMON STOCK 445658107 3,015 18,500 SH   SOLE 0 0 0 18,500
IDEXX LABORATORIES INC COMMON STOCK 45168D104 4,421 7,000 SH   SOLE 0 0 0 7,000
ILLINOIS TOOL WORKS COMMON STOCK 452308109 3,823 17,100 SH   SOLE 0 0 0 17,100
INDEPENDENCE REALTY TRUST IN COMMON STOCK 45378A106 1,969 108,000 SH   SOLE 0 0 0 108,000
INDUSTRIAL LOGISTICS PROPERT COMMON STOCK 456237106 4,324 165,415 SH   SOLE 0 0 0 165,415
INNOVATIVE INDUSTRIAL PROPER COMMON STOCK 45781V101 707 3,700 SH   SOLE 0 0 0 3,700
INTERCONTINENTAL EXCHANGE IN COMMON STOCK 45866F104 3,917 33,000 SH   SOLE 0 0 0 33,000
INTL BUSINESS MACHINES CORP COMMON STOCK 459200101 4,955 33,800 SH   SOLE 0 0 0 33,800
INTUIT INC COMMON STOCK 461202103 5,257 10,725 SH   SOLE 0 0 0 10,725
INVITATION HOMES INC COMMON STOCK 46187W107 6,034 161,810 SH   SOLE 0 0 0 161,810
IRON MOUNTAIN INC COMMON STOCK 46284V101 4,211 99,500 SH   SOLE 0 0 0 99,500
JPMORGAN CHASE and CO COMMON STOCK 46625H100 9,877 63,500 SH   SOLE 0 0 0 63,500
KELLOGG CO COMMON STOCK 487836108 3,088 48,000 SH   SOLE 0 0 0 48,000
KENNEDY-WILSON HOLDINGS INC COMMON STOCK 489398107 518 26,081 SH   SOLE 0 0 0 26,081
KILROY REALTY CORP COMMON STOCK 49427F108 627 9,000 SH   SOLE 0 0 0 9,000
KIMBERLY-CLARK CORP COMMON STOCK 494368103 3,345 25,000 SH   SOLE 0 0 0 25,000
KIMCO REALTY CORP COMMON STOCK 49446R109 224 10,731 SH   SOLE 0 0 0 10,731
KITE REALTY GROUP TRUST COMMON STOCK 49803T300 1,078 49,000 SH   SOLE 0 0 0 49,000
KROGER CO COMMON STOCK 501044101 3,256 85,000 SH   SOLE 0 0 0 85,000
Keurig Dr Pepper Inc COMMON STOCK 49271V100 3,066 87,000 SH   SOLE 0 0 0 87,000
LAM RESEARCH CORP COMMON STOCK 512807108 4,360 6,700 SH   SOLE 0 0 0 6,700
LENNOX INTERNATIONAL INC COMMON STOCK 526107107 3,157 9,000 SH   SOLE 0 0 0 9,000
LEXINGTON REALTY TRUST COMMON STOCK 529043101 3,215 269,000 SH   SOLE 0 0 0 269,000
LOWE'S COS INC COMMON STOCK 548661107 4,927 25,400 SH   SOLE 0 0 0 25,400
Life Storage Inc COMMON STOCK 53223X107 3,956 36,850 SH   SOLE 0 0 0 36,850
MACERICH CO/THE COMMON STOCK 554382101 451 24,720 SH   SOLE 0 0 0 24,720
MANPOWERGROUP INC COMMON STOCK 56418H100 3,092 26,000 SH   SOLE 0 0 0 26,000
MARSH and MCLENNAN COS COMMON STOCK 571748102 4,108 29,200 SH   SOLE 0 0 0 29,200
MASCO CORP COMMON STOCK 574599106 2,839 48,200 SH   SOLE 0 0 0 48,200
MCDONALD'S CORP COMMON STOCK 580135101 5,313 23,000 SH   SOLE 0 0 0 23,000
MCKESSON CORP COMMON STOCK 58155Q103 3,347 17,500 SH   SOLE 0 0 0 17,500
MEDICAL PROPERTIES TRUST INC COMMON STOCK 58463J304 4,543 226,000 SH   SOLE 0 0 0 226,000
MERCK and CO. INC. COMMON STOCK 58933Y105 5,755 74,000 SH   SOLE 0 0 0 74,000
METTLER-TOLEDO INTERNATIONAL COMMON STOCK 592688105 3,740 2,700 SH   SOLE 0 0 0 2,700
MICROSOFT CORP COMMON STOCK 594918104 21,923 80,925 SH   SOLE 0 0 0 80,925
MID-AMERICA APARTMENT COMM COMMON STOCK 59522J103 5,346 31,740 SH   SOLE 0 0 0 31,740
MONDELEZ INTERNATIONAL INC-A COMMON STOCK 609207105 4,371 70,000 SH   SOLE 0 0 0 70,000
MONMOUTH REAL ESTATE INV COR COMMON STOCK 609720107 1,167 62,361 SH   SOLE 0 0 0 62,361
MONSTER BEVERAGE CORP COMMON STOCK 61174X109 3,216 35,200 SH   SOLE 0 0 0 35,200
MOODY'S CORP COMMON STOCK 615369105 4,167 11,500 SH   SOLE 0 0 0 11,500
MOTOROLA SOLUTIONS INC COMMON STOCK 620076307 3,730 17,200 SH   SOLE 0 0 0 17,200
NATL HEALTH INVESTORS INC COMMON STOCK 63633D104 2,635 39,300 SH   SOLE 0 0 0 39,300
NEW SENIOR INVESTMENT GROUP COMMON STOCK 648691103 1,054 120,056 SH   SOLE 0 0 0 120,056
NVR INC COMMON STOCK 62944T105 3,233 650 SH   SOLE 0 0 0 650
O'REILLY AUTOMOTIVE INC COMMON STOCK 67103H107 3,680 6,500 SH   SOLE 0 0 0 6,500
OFFICE PROPERTIES INCOME TRUST COMMON STOCK 67623C109 1,164 39,708 SH   SOLE 0 0 0 39,708
OMEGA HEALTHCARE INVESTORS COMMON STOCK 681936100 3,956 109,000 SH   SOLE 0 0 0 109,000
ORACLE CORP COMMON STOCK 68389X105 5,293 68,000 SH   SOLE 0 0 0 68,000
ORGANON and CO COMMON STOCK 68622V106 224 7,400 SH   SOLE 0 0 0 7,400
PARK HOTELS and RESORTS INC COMMON STOCK 700517105 434 21,038 SH   SOLE 0 0 0 21,038
PAYCHEX INC COMMON STOCK 704326107 3,750 34,950 SH   SOLE 0 0 0 34,950
PEBBLEBROOK HOTEL TRUST COMMON STOCK 70509V100 210 8,911 SH   SOLE 0 0 0 8,911
PEPSICO INC COMMON STOCK 713448108 5,853 39,500 SH   SOLE 0 0 0 39,500
PFIZER INC COMMON STOCK 717081103 6,258 159,800 SH   SOLE 0 0 0 159,800
PHILIP MORRIS INTERNATIONAL COMMON STOCK 718172109 5,352 54,000 SH   SOLE 0 0 0 54,000
PHYSICIANS REALTY TRUST COMMON STOCK 71943U104 2,364 128,000 SH   SOLE 0 0 0 128,000
PINNACLE WEST CAPITAL COMMON STOCK 723484101 2,951 36,000 SH   SOLE 0 0 0 36,000
PLYMOUTH INDUSTRIAL REIT INC COMMON STOCK 729640102 2,342 117,000 SH   SOLE 0 0 0 117,000
PPG INDUSTRIES INC COMMON STOCK 693506107 3,599 21,200 SH   SOLE 0 0 0 21,200
PPL CORP COMMON STOCK 69351T106 2,797 100,000 SH   SOLE 0 0 0 100,000
PREFERRED APARTMENT COMMUN-A COMMON STOCK 74039L103 1,282 131,437 SH   SOLE 0 0 0 131,437
PROCTER and GAMBLE CO/THE COMMON STOCK 742718109 7,758 57,500 SH   SOLE 0 0 0 57,500
PROLOGIS INC COMMON STOCK 74340W103 17,918 149,904 SH   SOLE 0 0 0 149,904
PUBLIC SERVICE ENTERPRISE GP COMMON STOCK 744573106 3,106 52,000 SH   SOLE 0 0 0 52,000
PUBLIC STORAGE COMMON STOCK 74460D109 3,909 13,000 SH   SOLE 0 0 0 13,000
PUBLIC STORAGE COMMON STOCK 74460D109 8,987 29,889 SH   SOLE 0 0 0 29,889
QTS REALTY TRUST INC-CL A COMMON STOCK 74736A103 1,437 18,586 SH   SOLE 0 0 0 18,586
REALTY INCOME CORP COMMON STOCK 756109104 1,335 20,000 SH   SOLE 0 0 0 20,000
REINSURANCE GROUP OF AMERICA COMMON STOCK 759351604 2,622 23,000 SH   SOLE 0 0 0 23,000
RLJ LODGING TRUST COMMON STOCK 74965L101 1,161 76,200 SH   SOLE 0 0 0 76,200
ROBERT HALF INTL INC COMMON STOCK 770323103 3,354 37,700 SH   SOLE 0 0 0 37,700
RPM INTERNATIONAL INC COMMON STOCK 749685103 2,749 31,000 SH   SOLE 0 0 0 31,000
SandP GLOBAL INC COMMON STOCK 78409V104 4,597 11,200 SH   SOLE 0 0 0 11,200
SABRA HEALTH CARE REIT INC COMMON STOCK 78573L106 2,962 162,730 SH   SOLE 0 0 0 162,730
SEI INVESTMENTS COMPANY COMMON STOCK 784117103 2,900 46,800 SH   SOLE 0 0 0 46,800
SERVICE PROPERTIES TRUST COMMON STOCK 44106M102 1,076 85,434 SH   SOLE 0 0 0 85,434
SHERWIN-WILLIAMS CO/THE COMMON STOCK 824348106 3,392 12,450 SH   SOLE 0 0 0 12,450
SIMON PROPERTY GROUP INC COMMON STOCK 828806109 8,626 66,108 SH   SOLE 0 0 0 66,108
SL GREEN REALTY CORP COMMON STOCK 78440X804 1,571 19,639 SH   SOLE 0 0 0 19,639
SMITH (A.O.) CORP COMMON STOCK 831865209 3,171 44,000 SH   SOLE 0 0 0 44,000
SNAP-ON INC COMMON STOCK 833034101 2,793 12,500 SH   SOLE 0 0 0 12,500
SPIRIT REALTY CAPITAL INC COMMON STOCK 84860W300 3,808 79,600 SH   SOLE 0 0 0 79,600
STAG INDUSTRIAL INC COMMON STOCK 85254J102 4,001 106,880 SH   SOLE 0 0 0 106,880
STARBUCKS CORP COMMON STOCK 855244109 4,718 42,200 SH   SOLE 0 0 0 42,200
STORE CAPITAL CORP COMMON STOCK 862121100 2,968 86,000 SH   SOLE 0 0 0 86,000
SUMMIT HOTEL PROPERTIES INC COMMON STOCK 866082100 644 69,000 SH   SOLE 0 0 0 69,000
T ROWE PRICE GROUP INC COMMON STOCK 74144T108 3,821 19,300 SH   SOLE 0 0 0 19,300
TANGER FACTORY OUTLET CENTER COMMON STOCK 875465106 716 38,000 SH   SOLE 0 0 0 38,000
TARGET CORP COMMON STOCK 87612E106 5,077 21,000 SH   SOLE 0 0 0 21,000
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 5,481 28,500 SH   SOLE 0 0 0 28,500
TRACTOR SUPPLY COMPANY COMMON STOCK 892356106 3,256 17,500 SH   SOLE 0 0 0 17,500
UDR INC COMMON STOCK 902653104 4,046 82,605 SH   SOLE 0 0 0 82,605
UMH PROPERTIES INC COMMON STOCK 903002103 1,460 66,900 SH   SOLE 0 0 0 66,900
UNITEDHEALTH GROUP INC COMMON STOCK 91324P102 8,730 21,800 SH   SOLE 0 0 0 21,800
VENTAS INC COMMON STOCK 92276F100 5,200 91,060 SH   SOLE 0 0 0 91,060
VEREIT INC COMMON STOCK 92339V308 5,038 109,696 SH   SOLE 0 0 0 109,696
VERIZON COMMUNICATIONS INC COMMON STOCK 92343V104 6,163 110,000 SH   SOLE 0 0 0 110,000
VICI PROPERTIES INC COMMON STOCK 925652109 1,241 40,000 SH   SOLE 0 0 0 40,000
VISA INC-CLASS A SHARES COMMON STOCK 92826C839 8,862 37,900 SH   SOLE 0 0 0 37,900
VORNADO REALTY TRUST COMMON STOCK 929042109 1,296 27,765 SH   SOLE 0 0 0 27,765
WASHINGTON REIT COMMON STOCK 939653101 442 19,199 SH   SOLE 0 0 0 19,199
WASTE MANAGEMENT INC COMMON STOCK 94106L109 3,881 27,700 SH   SOLE 0 0 0 27,700
WATERS CORP COMMON STOCK 941848103 3,525 10,200 SH   SOLE 0 0 0 10,200
WELLTOWER INC COMMON STOCK 95040Q104 6,877 82,753 SH   SOLE 0 0 0 82,753
WESTERN UNION CO COMMON STOCK 959802109 2,710 118,000 SH   SOLE 0 0 0 118,000
WP CAREY INC COMMON STOCK 92936U109 4,313 57,800 SH   SOLE 0 0 0 57,800
WW GRAINGER INC COMMON STOCK 384802104 3,416 7,800 SH   SOLE 0 0 0 7,800
YUM! BRANDS INC COMMON STOCK 988498101 3,405 29,600 SH   SOLE 0 0 0 29,600
ZOETIS INC COMMON STOCK 98978V103 4,510 24,200 SH   SOLE 0 0 0 24,200