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
ACADIA RLTY TR COM SH BEN INT 004239109 910 36,670 SH   SOLE   36,670 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 3,005 47,240 SH   SOLE   47,240 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 2,016 62,600 SH   SOLE   62,600 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 1,458 113,440 SH   SOLE   113,440 0 0
AMERICAN TOWER CORP NEW COM 03027X100 18,694 234,210 SH   SOLE   234,210 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 2,220 85,696 SH   SOLE   85,696 0 0
AVALONBAY CMNTYS INC COM 053484101 9,224 78,022 SH   SOLE   78,022 0 0
BIOMED REALTY TRUST INC COM 09063H107 2,056 113,470 SH   SOLE   113,470 0 0
BOSTON PROPERTIES INC COM 101121101 9,173 91,400 SH   SOLE   91,400 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 259 18,440 SH   SOLE   18,440 0 0
BRE PROPERTIES INC CL A 05564E106 994 18,170 SH   SOLE   18,170 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 566 27,850 SH   SOLE   27,850 0 0
CAMDEN PPTY TR SH BEN INT 133131102 2,795 49,140 SH   SOLE   49,140 0 0
CBL & ASSOC PPTYS INC COM 124830100 1,841 102,560 SH   SOLE   102,560 0 0
CHAMBERS STR PPTYS COM 157842105 1,147 150,050 SH   SOLE   150,050 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 865 34,210 SH   SOLE   34,210 0 0
COLE REAL ESTATE INVTS INC COM 19329V105 3,748 267,000 SH   SOLE   267,000 0 0
COLUMBIA PPTY TR INC COM NEW 198287203 1,801 72,070 SH   SOLE   72,070 0 0
COMMONWEALTH REIT COM SH BEN INT 203233101 1,664 71,397 SH   SOLE   71,397 0 0
CORESITE RLTY CORP COM 21870Q105 800 24,860 SH   SOLE   24,860 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 1,217 51,380 SH   SOLE   51,380 0 0
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 2,101 65,520 SH   SOLE   65,520 0 0
COUSINS PPTYS INC COM 222795106 1,137 110,390 SH   SOLE   110,390 0 0
CUBESMART COM 229663109 1,320 82,830 SH   SOLE   82,830 0 0
DCT INDUSTRIAL TRUST INC COM 233153105 1,685 236,400 SH   SOLE   236,400 0 0
DDR CORP COM 23317H102 2,718 176,900 SH   SOLE   176,900 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 1,407 121,849 SH   SOLE   121,849 0 0
DIGITAL RLTY TR INC COM 253868103 1,814 36,930 SH   SOLE   36,930 0 0
DOUGLAS EMMETT INC COM 25960P109 1,840 79,020 SH   SOLE   79,020 0 0
DUKE REALTY CORP COM NEW 264411505 2,848 189,370 SH   SOLE   189,370 0 0
DUPONT FABROS TECHNOLOGY INC COM 26613Q106 1,053 42,650 SH   SOLE   42,650 0 0
EASTGROUP PPTY INC COM 277276101 97 1,689 SH   SOLE   1,689 0 0
EDUCATION RLTY TR INC COM 28140H104 999 113,270 SH   SOLE   113,270 0 0
EMPIRE ST RLTY TR INC CL A 292104106 738 48,260 SH   SOLE   48,260 0 0
EPR PPTYS COM SH BEN INT 26884U109 1,444 29,380 SH   SOLE   29,380 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 1,954 53,950 SH   SOLE   53,950 0 0
EQUITY ONE COM 294752100 895 39,920 SH   SOLE   39,920 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 11,070 213,420 SH   SOLE   213,420 0 0
ESSEX PPTY TR INC COM 297178105 3,109 21,670 SH   SOLE   21,670 0 0
EXTRA SPACE STORAGE INC COM 30225T102 3,062 72,680 SH   SOLE   72,680 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 4,227 41,690 SH   SOLE   41,690 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 174 9,980 SH   SOLE   9,980 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 735 61,560 SH   SOLE   61,560 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 5,795 288,764 SH   SOLE   288,764 0 0
GEO GROUP INC COM 36159R103 1,378 42,790 SH   SOLE   42,790 0 0
GOVERNMENT PPTYS INCOME TR COM SHS BEN INT 38376A103 922 37,110 SH   SOLE   37,110 0 0
HCP INC COM 40414L109 9,056 249,340 SH   SOLE   249,340 0 0
HEALTH CARE REIT INC COM 42217K106 9,197 171,690 SH   SOLE   171,690 0 0
HEALTHCARE RLTY TR COM 421946104 1,261 59,220 SH   SOLE   59,220 0 0
HEALTHCARE TR AMER INC CL A 42225P105 1,370 139,320 SH   SOLE   139,320 0 0
HERSHA HOSPITALITY TR SH BEN INT A 427825104 695 124,850 SH   SOLE   124,850 0 0
HIGHWOODS PPTYS INC COM 431284108 1,932 53,430 SH   SOLE   53,430 0 0
HOME PROPERTIES INC COM 437306103 1,822 33,980 SH   SOLE   33,980 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 2,297 85,000 SH   SOLE   85,000 0 0
HOST HOTELS & RESORTS INC COM 44107P104 7,992 411,158 SH   SOLE   411,158 0 0
INLAND REAL ESTATE CORP COM NEW 457461200 667 63,430 SH   SOLE   63,430 0 0
KILROY RLTY CORP COM 49427F108 2,658 52,970 SH   SOLE   52,970 0 0
KIMCO RLTY CORP COM 49446R109 4,490 227,360 SH   SOLE   227,360 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 558 18,110 SH   SOLE   18,110 0 0
LEXINGTON REALTY TRUST COM 529043101 1,344 131,650 SH   SOLE   131,650 0 0
LIBERTY PPTY TR SH BEN INT 531172104 2,828 83,520 SH   SOLE   83,520 0 0
LTC PPTYS INC COM 502175102 828 23,400 SH   SOLE   23,400 0 0
MACERICH CO COM 554382101 5,162 87,656 SH   SOLE   87,656 0 0
MACK CALI RLTY CORP COM 554489104 144 6,750 SH   SOLE   6,750 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 1,247 102,090 SH   SOLE   102,090 0 0
MID-AMER APT CMNTYS INC COM 59522J103 1,100 18,115 SH   SOLE   18,115 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 2,176 71,750 SH   SOLE   71,750 0 0
NATIONAL HEALTH INVS INC COM 63633D104 1,057 18,850 SH   SOLE   18,850 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 795 26,690 SH   SOLE   26,690 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 104 3,400 SH   SOLE   3,400 0 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 1,086 57,270 SH   SOLE   57,270 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 1,600 96,870 SH   SOLE   96,870 0 0
PLUM CREEK TIMBER CO INC COM 729251108 4,560 98,050 SH   SOLE   98,050 0 0
POST PPTYS INC COM 737464107 1,788 39,550 SH   SOLE   39,550 0 0
POTLATCH CORP NEW COM 737630103 1,025 24,570 SH   SOLE   24,570 0 0
PROLOGIS INC COM 74340W103 11,029 298,497 SH   SOLE   298,497 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 1,001 13,110 SH   SOLE   13,110 0 0
PUBLIC STORAGE COM 74460D109 10,096 67,080 SH   SOLE   67,080 0 0
RAYONIER INC COM 754907103 3,046 72,375 SH   SOLE   72,375 0 0
REALTY INCOME CORP COM 756109104 4,242 113,660 SH   SOLE   113,660 0 0
REGENCY CTRS CORP COM 758849103 2,855 61,670 SH   SOLE   61,670 0 0
RETAIL PPTYS AMER INC CL A 76131V202 1,765 138,780 SH   SOLE   138,780 0 0
RLJ LODGING TR COM 74965L101 2,132 87,690 SH   SOLE   87,690 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 1,265 30,280 SH   SOLE   30,280 0 0
SAUL CTRS INC COM 804395101 465 9,750 SH   SOLE   9,750 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 2,437 109,650 SH   SOLE   109,650 0 0
SIMON PPTY GROUP INC NEW COM 828806109 26,787 176,051 SH   SOLE   176,051 0 0
SL GREEN RLTY CORP COM 78440X101 4,806 52,030 SH   SOLE   52,030 0 0
SOVRAN SELF STORAGE INC COM 84610H108 1,259 19,330 SH   SOLE   19,330 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 2,069 210,541 SH   SOLE   210,541 0 0
STRATEGIC HOTELS & RESORTS I COM 86272T106 1,326 140,390 SH   SOLE   140,390 0 0
SUN CMNTYS INC COM 866674104 5 120 SH   SOLE   120 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 1,792 133,780 SH   SOLE   133,780 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 1,796 56,100 SH   SOLE   56,100 0 0
TAUBMAN CTRS INC COM 876664103 2,389 37,390 SH   SOLE   37,390 0 0
UDR INC COM 902653104 3,755 160,815 SH   SOLE   160,815 0 0
VENTAS INC COM 92276F100 10,130 176,854 SH   SOLE   176,854 0 0
VORNADO RLTY TR SH BEN INT 929042109 8,981 101,157 SH   SOLE   101,157 0 0
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 35 1,540 SH   SOLE   1,540 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 597 21,780 SH   SOLE   21,780 0 0
WEYERHAEUSER CO COM 962166104 10,100 319,950 SH   SOLE   319,950 0 0
W P CAREY INC COM 92936U109 2,095 34,160 SH   SOLE   34,160 0 0
3M CO COM 88579Y101 3,213 22,915 SH   SOLE   22,915 0 0
AETNA INC NEW COM 00817Y108 248 3,620 SH   SOLE   3,620 0 0
AFLAC INC COM 001055102 1,462 21,895 SH   SOLE   21,895 0 0
AIR PRODS & CHEMS INC COM 009158106 424 3,795 SH   SOLE   3,795 0 0
ALTRIA GROUP INC COM 02209S103 2,726 71,025 SH   SOLE   71,025 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 1,379 17,075 SH   SOLE   17,075 0 0
BAXTER INTL INC COM 071813109 1,588 22,835 SH   SOLE   22,835 0 0
BECTON DICKINSON & CO COM 075887109 759 6,875 SH   SOLE   6,875 0 0
BOEING CO COM 097023105 3,354 24,580 SH   SOLE   24,580 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 2,511 47,255 SH   SOLE   47,255 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 673 17,040 SH   SOLE   17,040 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 324 5,560 SH   SOLE   5,560 0 0
CA INC COM 12673P105 792 23,538 SH   SOLE   23,538 0 0
CAMPBELL SOUP CO COM 134429109 263 6,090 SH   SOLE   6,090 0 0
CENTERPOINT ENERGY INC COM 15189T107 351 15,160 SH   SOLE   15,160 0 0
CENTURYLINK INC COM 156700106 697 21,900 SH   SOLE   21,900 0 0
CHEVRON CORP NEW COM 166764100 5,362 42,930 SH   SOLE   42,930 0 0
CMS ENERGY CORP COM 125896100 495 18,500 SH   SOLE   18,500 0 0
COACH INC COM 189754104 446 7,960 SH   SOLE   7,960 0 0
COCA COLA CO COM 191216100 4,937 119,530 SH   SOLE   119,530 0 0
COLGATE PALMOLIVE CO COM 194162103 2,036 31,230 SH   SOLE   31,230 0 0
COMCAST CORP NEW CL A 20030N101 481 9,270 SH   SOLE   9,270 0 0
CONAGRA FOODS INC COM 205887102 497 14,750 SH   SOLE   14,750 0 0
CONOCOPHILLIPS COM 20825C104 3,075 43,525 SH   SOLE   43,525 0 0
CSX CORP COM 126408103 1,641 57,050 SH   SOLE   57,050 0 0
DARDEN RESTAURANTS INC COM 237194105 243 4,470 SH   SOLE   4,470 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 136 2,400 SH   SOLE   2,400 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,126 32,725 SH   SOLE   32,725 0 0
EATON CORP PLC SHS G29183103 1,276 16,765 SH   SOLE   16,765 0 0
LILLY ELI & CO COM 532457108 1,789 35,080 SH   SOLE   35,080 0 0
EMERSON ELEC CO COM 291011104 2,365 33,705 SH   SOLE   33,705 0 0
ENSCO PLC SHS CLASS A G3157S106 289 5,060 SH   SOLE   5,060 0 0
ENTERGY CORP NEW COM 29364G103 393 6,225 SH   SOLE   6,225 0 0
ERIE INDTY CO CL A 29530P102 65 900 SH   SOLE   900 0 0
EXXON MOBIL CORP COM 30231G102 5,257 51,950 SH   SOLE   51,950 0 0
FEDERATED INVS INC PA CL B 314211103 95 3,325 SH   SOLE   3,325 0 0
FIRST FINL BANCORP OH COM 320209109 233 13,370 SH   SOLE   13,370 0 0
FLOWERS FOODS INC COM 343498101 121 5,670 SH   SOLE   5,670 0 0
GANNETT INC COM 364730101 239 8,110 SH   SOLE   8,110 0 0
GENERAL DYNAMICS CORP COM 369550108 1,121 11,735 SH   SOLE   11,735 0 0
GENERAL MLS INC COM 370334104 1,132 22,700 SH   SOLE   22,700 0 0
GREIF INC CL A 397624107 56 1,080 SH   SOLE   1,080 0 0
BLOCK H & R INC COM 093671105 279 9,640 SH   SOLE   9,640 0 0
HARRIS CORP DEL COM 413875105 264 3,785 SH   SOLE   3,785 0 0
HASBRO INC COM 418056107 221 4,025 SH   SOLE   4,025 0 0
HOLLYFRONTIER CORP COM 436106108 679 13,670 SH   SOLE   13,670 0 0
HOME DEPOT INC COM 437076102 4,163 50,560 SH   SOLE   50,560 0 0
HONEYWELL INTL INC COM 438516106 2,542 27,830 SH   SOLE   27,830 0 0
ILLINOIS TOOL WKS INC COM 452308109 1,232 14,655 SH   SOLE   14,655 0 0
INTEL CORP COM 458140100 4,564 175,810 SH   SOLE   175,810 0 0
INTL PAPER CO COM 460146103 757 15,450 SH   SOLE   15,450 0 0
JOHNSON & JOHNSON COM 478160104 5,569 60,810 SH   SOLE   60,810 0 0
JPMORGAN CHASE & CO COM 46625H100 401 6,860 SH   SOLE   6,860 0 0
KELLOGG CO COM 487836108 555 9,100 SH   SOLE   9,100 0 0
KIMBERLY CLARK CORP COM 494368103 1,422 13,620 SH   SOLE   13,620 0 0
L BRANDS INC COM 501797104 533 8,620 SH   SOLE   8,620 0 0
LEGGETT & PLATT INC COM 524660107 152 4,925 SH   SOLE   4,925 0 0
LOCKHEED MARTIN CORP COM 539830109 1,404 9,450 SH   SOLE   9,450 0 0
MACYS INC COM 55616P104 540 10,120 SH   SOLE   10,120 0 0
MATTEL INC COM 577081102 573 12,050 SH   SOLE   12,050 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 287 10,300 SH   SOLE   10,300 0 0
MCDONALDS CORP COM 580135101 2,864 29,525 SH   SOLE   29,525 0 0
MCGRAW HILL FINL INC COM 580645109 118 1,520 SH   SOLE   1,520 0 0
MEDTRONIC INC COM 585055106 1,445 25,180 SH   SOLE   25,180 0 0
MEREDITH CORP COM 589433101 67 1,310 SH   SOLE   1,310 0 0
MERIDIAN BIOSCIENCE INC COM 589584101 23 900 SH   SOLE   900 0 0
MICROSOFT CORP COM 594918104 5,889 157,360 SH   SOLE   157,360 0 0
NORFOLK SOUTHERN CORP COM 655844108 403 4,350 SH   SOLE   4,350 0 0
NORTHROP GRUMMAN CORP COM 666807102 951 8,305 SH   SOLE   8,305 0 0
OWENS & MINOR INC NEW COM 690732102 79 2,180 SH   SOLE   2,180 0 0
PARTNERRE LTD COM G6852T105 219 2,080 SH   SOLE   2,080 0 0
PEPSICO INC COM 713448108 4,525 54,560 SH   SOLE   54,560 0 0
PFIZER INC COM 717081103 240 7,840 SH   SOLE   7,840 0 0
PPL CORP COM 69351T106 382 12,715 SH   SOLE   12,715 0 0
PROCTER & GAMBLE CO COM 742718109 5,381 66,100 SH   SOLE   66,100 0 0
PRUDENTIAL FINL INC COM 744320102 395 4,290 SH   SOLE   4,290 0 0
RAYTHEON CO COM NEW 755111507 1,047 11,550 SH   SOLE   11,550 0 0
REYNOLDS AMERICAN INC COM 761713106 567 11,350 SH   SOLE   11,350 0 0
ROCK-TENN CO CL A 772739207 505 4,810 SH   SOLE   4,810 0 0
RPC INC COM 749660106 41 2,300 SH   SOLE   2,300 0 0
RPM INTL INC COM 749685103 195 4,700 SH   SOLE   4,700 0 0
SAFEWAY INC COM NEW 786514208 580 17,810 SH   SOLE   17,810 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 421 7,500 SH   SOLE   7,500 0 0
SONOCO PRODS CO COM 835495102 149 3,580 SH   SOLE   3,580 0 0
SYSCO CORP COM 871829107 746 20,675 SH   SOLE   20,675 0 0
PRICE T ROWE GROUP INC COM 74144T108 135 1,620 SH   SOLE   1,620 0 0
TEXAS INSTRS INC COM 882508104 1,723 39,240 SH   SOLE   39,240 0 0
TUPPERWARE BRANDS CORP COM 899896104 176 1,870 SH   SOLE   1,870 0 0
UNITED TECHNOLOGIES CORP COM 913017109 3,415 30,010 SH   SOLE   30,010 0 0
UNITEDHEALTH GROUP INC COM 91324P102 241 3,210 SH   SOLE   3,210 0 0
UNIVERSAL CORP VA COM 913456109 43 800 SH   SOLE   800 0 0
WAL-MART STORES INC COM 931142103 4,539 57,685 SH   SOLE   57,685 0 0
WALGREEN CO COM 931422109 1,769 30,810 SH   SOLE   30,810 0 0
WASTE MGMT INC DEL COM 94106L109 688 15,350 SH   SOLE   15,350 0 0
WELLS FARGO & CO NEW COM 949746101 375 8,260 SH   SOLE   8,260 0 0
WESTERN UN CO COM 959802109 537 31,150 SH   SOLE   31,150 0 0
WGL HLDGS INC COM 92924F106 71 1,780 SH   SOLE   1,780 0 0
WILLIAMS COS INC DEL COM 969457100 928 24,070 SH   SOLE   24,070 0 0
WISCONSIN ENERGY CORP COM 976657106 331 8,025 SH   SOLE   8,025 0 0