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 942 34,180 SH   SOLE   34,180 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 2,891 39,200 SH   SOLE   39,200 0 0
AMERICAN ASSETS TR INC COM 024013104 950 28,840 SH   SOLE   28,840 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 1,924 52,800 SH   SOLE   52,800 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 5,089 422,008 SH   SOLE   422,008 0 0
AMERICAN TOWER CORP NEW COM 03027X100 17,980 192,040 SH   SOLE   192,040 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 2,611 82,076 SH   SOLE   82,076 0 0
AVALONBAY CMNTYS INC COM 053484101 8,450 59,942 SH   SOLE   59,942 0 0
AVIV REIT INC MD COM 05381L101 695 26,410 SH   SOLE   26,410 0 0
BIOMED REALTY TRUST INC COM 09063H107 1,082 53,590 SH   SOLE   53,590 0 0
BOSTON SCIENTIFIC CORP COM 101121101 8,808 76,090 SH   SOLE   76,090 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 586 41,710 SH   SOLE   41,710 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 315 14,180 SH   SOLE   14,180 0 0
CAMDEN PPTY TR SH BEN INT 133131102 3,179 46,390 SH   SOLE   46,390 0 0
CBL & ASSOC PPTYS INC COM 124830100 1,844 103,070 SH   SOLE   103,070 0 0
CHAMBERS STR PPTYS COM 157842105 1,034 137,320 SH   SOLE   137,320 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 960 32,960 SH   SOLE   32,960 0 0
COLUMBIA PPTY TR INC COM NEW 198287203 1,552 65,050 SH   SOLE   65,050 0 0
CORESITE RLTY CORP COM 21870Q105 715 21,760 SH   SOLE   21,760 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 1,166 45,370 SH   SOLE   45,370 0 0
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 1,935 56,320 SH   SOLE   56,320 0 0
COUSINS PPTYS INC COM 222795106 1,520 127,260 SH   SOLE   127,260 0 0
CROWN CASTLE INTL CORP COM 228227104 12,184 151,310 SH   SOLE   151,310 0 0
CUBESMART COM 229663109 1,636 91,030 SH   SOLE   91,030 0 0
DCT INDUSTRIAL TRUST INC COM 233153105 1,329 176,980 SH   SOLE   176,980 0 0
DDR CORP COM 23317H102 2,520 150,650 SH   SOLE   150,650 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 1,338 105,559 SH   SOLE   105,559 0 0
DIGITAL RLTY TR INC COM 253868103 2,757 44,200 SH   SOLE   44,200 0 0
DOUGLAS EMMETT INC COM 25960P109 1,753 68,290 SH   SOLE   68,290 0 0
DUKE REALTY CORP COM NEW 264411505 1,790 104,220 SH   SOLE   104,220 0 0
DUPONT FABROS TECHNOLOGY INC COM 26613Q106 1,029 38,090 SH   SOLE   38,090 0 0
EASTGROUP PPTY INC COM 277276101 1,076 17,769 SH   SOLE   17,769 0 0
EDUCATION RLTY TR INC COM 28140H104 1,070 104,110 SH   SOLE   104,110 0 0
EMPIRE ST RLTY TR INC CL A 292104106 733 48,830 SH   SOLE   48,830 0 0
EPR PPTYS COM SH BEN INT 26884U109 1,414 27,920 SH   SOLE   27,920 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 1,724 67,067 SH   SOLE   67,067 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 1,911 45,120 SH   SOLE   45,120 0 0
EQUITY ONE COM 294752100 800 37,020 SH   SOLE   37,020 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 10,987 178,420 SH   SOLE   178,420 0 0
ESSEX PPTY TR INC COM 297178105 5,284 29,561 SH   SOLE   29,561 0 0
EXTRA SPACE STORAGE INC COM 30225T102 1,695 32,880 SH   SOLE   32,880 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 3,751 31,670 SH   SOLE   31,670 0 0
FELCOR LODGING TR INC COM 31430F101 77 8,270 SH   SOLE   8,270 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 1,056 62,490 SH   SOLE   62,490 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 671 59,840 SH   SOLE   59,840 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 5,538 235,194 SH   SOLE   235,194 0 0
GEO GROUP INC NEW COM 36162J106 1,428 37,370 SH   SOLE   37,370 0 0
GLIMCHER RLTY TR SH BEN INT 379302102 353 26,100 SH   SOLE   26,100 0 0
GOVERNMENT PPTYS INCOME TR COM SHS BEN INT 38376A103 913 41,680 SH   SOLE   41,680 0 0
HCP INC COM 40414L109 6,516 164,090 SH   SOLE   164,090 0 0
HEALTH CARE REIT INC COM 42217K106 9,639 154,550 SH   SOLE   154,550 0 0
HEALTHCARE RLTY TR COM 421946104 461 19,480 SH   SOLE   19,480 0 0
HEALTHCARE TR AMER INC CL A 42225P105 1,699 146,540 SH   SOLE   146,540 0 0
HERSHA HOSPITALITY TR SH BEN INT A 427825104 718 112,830 SH   SOLE   112,830 0 0
HIGHWOODS PPTYS INC COM 431284108 1,799 46,250 SH   SOLE   46,250 0 0
HOME PROPERTIES INC COM 437306103 867 14,890 SH   SOLE   14,890 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 2,012 74,970 SH   SOLE   74,970 0 0
HOST HOTELS & RESORTS INC COM 44107P104 5,635 264,198 SH   SOLE   264,198 0 0
INLAND REAL ESTATE CORP COM NEW 457461200 616 62,240 SH   SOLE   62,240 0 0
KILROY RLTY CORP COM 49427F108 2,406 40,490 SH   SOLE   40,490 0 0
KIMCO RLTY CORP COM 49446R109 4,675 213,390 SH   SOLE   213,390 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 1,816 53,060 SH   SOLE   53,060 0 0
LEXINGTON REALTY TRUST COM 529043101 1,218 124,510 SH   SOLE   124,510 0 0
LIBERTY PPTY TR SH BEN INT 531172104 1,447 43,510 SH   SOLE   43,510 0 0
LTC PPTYS INC COM 502175102 797 21,610 SH   SOLE   21,610 0 0
MACERICH CO COM 554382101 2,942 46,096 SH   SOLE   46,096 0 0
MACK CALI RLTY CORP COM 554489104 971 50,860 SH   SOLE   50,860 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 1,158 94,480 SH   SOLE   94,480 0 0
MID-AMER APT CMNTYS INC COM 59522J103 1,449 22,085 SH   SOLE   22,085 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 2,119 61,310 SH   SOLE   61,310 0 0
NATIONAL HEALTH INVS INC COM 63633D104 960 16,810 SH   SOLE   16,810 0 0
NEW YORK REIT INC COM 64976L109 994 96,710 SH   SOLE   96,710 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 1,239 36,250 SH   SOLE   36,250 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 1,305 34,950 SH   SOLE   34,950 0 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 826 41,450 SH   SOLE   41,450 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 650 36,860 SH   SOLE   36,860 0 0
PLUM CREEK TIMBER CO INC COM 729251108 3,301 84,630 SH   SOLE   84,630 0 0
POST PPTYS INC COM 737464107 1,717 33,450 SH   SOLE   33,450 0 0
POTLATCH CORP NEW COM 737630103 902 22,440 SH   SOLE   22,440 0 0
PROLOGIS INC COM 74340W103 9,454 250,787 SH   SOLE   250,787 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 1,107 14,550 SH   SOLE   14,550 0 0
PUBLIC STORAGE COM 74460D109 10,920 65,850 SH   SOLE   65,850 0 0
RAYONIER INC COM 754907103 1,972 63,335 SH   SOLE   63,335 0 0
REALTY INCOME CORP COM 756109104 2,991 73,340 SH   SOLE   73,340 0 0
REGENCY CTRS CORP COM 758849103 2,426 45,080 SH   SOLE   45,080 0 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 112 7,660 SH   SOLE   7,660 0 0
RETAIL PPTYS AMER INC CL A 76131V202 2,042 139,640 SH   SOLE   139,640 0 0
RLJ LODGING TR COM 74965L101 1,910 67,090 SH   SOLE   67,090 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 1,248 26,400 SH   SOLE   26,400 0 0
SAUL CTRS INC COM 804395101 505 10,820 SH   SOLE   10,820 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 2,116 101,190 SH   SOLE   101,190 0 0
SIMON PPTY GROUP INC NEW COM 828806109 24,183 147,081 SH   SOLE   147,081 0 0
SL GREEN RLTY CORP COM 78440X101 4,526 44,680 SH   SOLE   44,680 0 0
SOVRAN SELF STORAGE INC COM 84610H108 1,324 17,810 SH   SOLE   17,810 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 2,401 218,871 SH   SOLE   218,871 0 0
STRATEGIC HOTELS & RESORTS I COM 86272T106 1,752 150,440 SH   SOLE   150,440 0 0
SUN CMNTYS INC COM 866674104 480 9,510 SH   SOLE   9,510 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 1,721 124,590 SH   SOLE   124,590 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 1,861 56,900 SH   SOLE   56,900 0 0
TAUBMAN CTRS INC COM 876664103 2,629 36,020 SH   SOLE   36,020 0 0
UDR INC COM 902653104 2,167 79,555 SH   SOLE   79,555 0 0
VENTAS INC COM 92276F100 8,367 135,074 SH   SOLE   135,074 0 0
VORNADO RLTY TR SH BEN INT 929042109 8,414 84,177 SH   SOLE   84,177 0 0
WASHINGTON PRIME GROUP INC COM 939647103 1,446 82,735 SH   SOLE   82,735 0 0
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 255 10,050 SH   SOLE   10,050 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 903 28,690 SH   SOLE   28,690 0 0
WEYERHAEUSER CO COM 962166104 7,676 240,940 SH   SOLE   240,940 0 0
W P CAREY INC COM 92936U109 2,615 41,020 SH   SOLE   41,020 0 0
3M CO COM 88579Y101 2,977 21,015 SH   SOLE   21,015 0 0
ABBVIE INC COM 00287Y109 354 6,140 SH   SOLE   6,140 0 0
AETNA INC NEW COM 00817Y108 317 3,920 SH   SOLE   3,920 0 0
AFLAC INC COM 001055102 1,066 18,315 SH   SOLE   18,315 0 0
AIR PRODS & CHEMS INC COM 009158106 168 1,295 SH   SOLE   1,295 0 0
ALLIANT ENERGY CORP COM 018802108 195 3,520 SH   SOLE   3,520 0 0
ALTRIA GROUP INC COM 02209S103 3,343 72,785 SH   SOLE   72,785 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 78 5,380 SH   SOLE   5,380 0 0
AT&T INC COM 00206R102 5,925 168,160 SH   SOLE   168,160 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 1,269 15,285 SH   SOLE   15,285 0 0
B & G FOODS INC NEW COM 05508R106 46 1,700 SH   SOLE   1,700 0 0
BAXTER INTL INC COM 071813109 1,248 17,395 SH   SOLE   17,395 0 0
BOEING CO COM 097023105 2,770 21,750 SH   SOLE   21,750 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 311 4,700 SH   SOLE   4,700 0 0
CA INC COM 12673P105 887 31,748 SH   SOLE   31,748 0 0
CAMPBELL SOUP CO COM 134429109 260 6,090 SH   SOLE   6,090 0 0
CAPITAL ONE FINL CORP COM 14040H105 239 2,930 SH   SOLE   2,930 0 0
CHEVRON CORP NEW COM 166764100 5,834 48,900 SH   SOLE   48,900 0 0
CLOROX CO DEL COM 189054109 791 8,240 SH   SOLE   8,240 0 0
COCA COLA CO COM 191216100 5,460 128,000 SH   SOLE   128,000 0 0
COLGATE PALMOLIVE CO COM 194162103 1,811 27,780 SH   SOLE   27,780 0 0
COMCAST CORP NEW CL A 20030N101 491 9,140 SH   SOLE   9,140 0 0
COMPASS MINERALS INTL INC COM 20451N101 89 1,060 SH   SOLE   1,060 0 0
COMPUTER PROGRAMS & SYS INC COM 205306103 14 260 SH   SOLE   260 0 0
CONAGRA FOODS INC COM 205887102 440 13,320 SH   SOLE   13,320 0 0
CONOCOPHILLIPS COM 20825C104 3,051 39,875 SH   SOLE   39,875 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 87 850 SH   SOLE   850 0 0
CSX CORP COM 126408103 1,032 32,200 SH   SOLE   32,200 0 0
DARDEN RESTAURANTS INC COM 237194105 230 4,470 SH   SOLE   4,470 0 0
DOW CHEM CO COM 260543103 1,908 36,400 SH   SOLE   36,400 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,107 29,375 SH   SOLE   29,375 0 0
EATON CORP PLC SHS G29183103 954 15,065 SH   SOLE   15,065 0 0
LILLY ELI & CO COM 532457108 1,405 21,670 SH   SOLE   21,670 0 0
EMERSON ELEC CO COM 291011104 1,413 22,595 SH   SOLE   22,595 0 0
ENSCO PLC SHS CLASS A G3157S106 236 5,720 SH   SOLE   5,720 0 0
EXXON MOBIL CORP COM 30231G102 5,266 56,000 SH   SOLE   56,000 0 0
FIFTH THIRD BANCORP COM 316773100 221 11,070 SH   SOLE   11,070 0 0
FIRST FINL BANCORP OH COM 320209109 28 1,820 SH   SOLE   1,820 0 0
GARMIN LTD SHS H2906T109 204 3,930 SH   SOLE   3,930 0 0
GENERAL DYNAMICS CORP COM 369550108 1,332 10,485 SH   SOLE   10,485 0 0
GENERAL MLS INC COM 370334104 998 19,790 SH   SOLE   19,790 0 0
BLOCK H & R INC COM 093671105 298 9,640 SH   SOLE   9,640 0 0
HARRIS CORP DEL COM 413875105 224 3,385 SH   SOLE   3,385 0 0
HASBRO INC COM 418056107 203 3,700 SH   SOLE   3,700 0 0
HELMERICH & PAYNE INC COM 423452101 326 3,340 SH   SOLE   3,340 0 0
HOLLYFRONTIER CORP COM 436106108 641 14,680 SH   SOLE   14,680 0 0
HOME DEPOT INC COM 437076102 4,016 43,780 SH   SOLE   43,780 0 0
ILLINOIS TOOL WKS INC COM 452308109 409 4,845 SH   SOLE   4,845 0 0
INTEL CORP COM 458140100 4,924 141,440 SH   SOLE   141,440 0 0
INTL PAPER CO COM 460146103 663 13,900 SH   SOLE   13,900 0 0
JOHNSON & JOHNSON COM 478160104 5,487 51,480 SH   SOLE   51,480 0 0
KELLOGG CO COM 487836108 501 8,140 SH   SOLE   8,140 0 0
KIMBERLY CLARK CORP COM 494368103 1,292 12,020 SH   SOLE   12,020 0 0
LEGGETT & PLATT INC COM 524660107 155 4,450 SH   SOLE   4,450 0 0
LOCKHEED MARTIN CORP COM 539830109 2,149 11,760 SH   SOLE   11,760 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 625 5,760 SH   SOLE   5,760 0 0
MATTEL INC COM 577081102 330 10,790 SH   SOLE   10,790 0 0
MCDONALDS CORP COM 580135101 2,383 25,145 SH   SOLE   25,145 0 0
MERCURY GENL CORP NEW COM 589400100 41 840 SH   SOLE   840 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 298 6,320 SH   SOLE   6,320 0 0
MICROSOFT CORP COM 594918104 6,015 129,750 SH   SOLE   129,750 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,108 9,930 SH   SOLE   9,930 0 0
NORTHROP GRUMMAN CORP COM 666807102 904 6,865 SH   SOLE   6,865 0 0
OMNICOM GROUP INC COM 681919106 556 8,080 SH   SOLE   8,080 0 0
OWENS & MINOR INC NEW COM 690732102 71 2,180 SH   SOLE   2,180 0 0
PARTNERRE LTD COM G6852T105 163 1,490 SH   SOLE   1,490 0 0
PAYCHEX INC COM 704326107 458 10,380 SH   SOLE   10,380 0 0
PEPSICO INC COM 713448108 4,524 48,600 SH   SOLE   48,600 0 0
PFIZER INC COM 717081103 6,402 216,530 SH   SOLE   216,530 0 0
PROCTER & GAMBLE CO COM 742718109 6,084 72,660 SH   SOLE   72,660 0 0
PRUDENTIAL FINL INC COM 744320102 237 2,700 SH   SOLE   2,700 0 0
QUALCOMM INC COM 747525103 584 7,820 SH   SOLE   7,820 0 0
QUEST DIAGNOSTICS INC COM 74834L100 609 10,050 SH   SOLE   10,050 0 0
QUESTAR CORP COM 748356102 123 5,550 SH   SOLE   5,550 0 0
RAYTHEON CO COM NEW 755111507 1,013 9,970 SH   SOLE   9,970 0 0
REYNOLDS AMERICAN INC COM 761713106 582 9,870 SH   SOLE   9,870 0 0
RPC INC COM 749660106 50 2,300 SH   SOLE   2,300 0 0
DONNELLEY R R & SONS CO COM 257867101 103 6,270 SH   SOLE   6,270 0 0
SAFETY INS GROUP INC COM 78648T100 18 350 SH   SOLE   350 0 0
SCHWEITZER-MAUDUIT INTL INC COM 808541106 46 1,130 SH   SOLE   1,130 0 0
SONOCO PRODS CO COM 835495102 140 3,580 SH   SOLE   3,580 0 0
STAPLES INC COM 855030102 250 20,730 SH   SOLE   20,730 0 0
SYSCO CORP COM 871829107 76 2,005 SH   SOLE   2,005 0 0
PRICE T ROWE GROUP INC COM 74144T108 80 1,030 SH   SOLE   1,030 0 0
TARGET CORP COM 87612E106 1,255 20,030 SH   SOLE   20,030 0 0
TEXAS INSTRS INC COM 882508104 1,638 34,360 SH   SOLE   34,360 0 0
TUPPERWARE BRANDS CORP COM 899896104 129 1,870 SH   SOLE   1,870 0 0
UMPQUA HLDGS CORP COM 904214103 81 4,970 SH   SOLE   4,970 0 0
UNITED PARCEL SERVICE INC CL B 911312106 2,743 27,910 SH   SOLE   27,910 0 0
UNITED TECHNOLOGIES CORP COM 913017109 2,913 27,590 SH   SOLE   27,590 0 0
UNIVERSAL CORP VA COM 913456109 35 800 SH   SOLE   800 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 6,232 124,670 SH   SOLE   124,670 0 0
WADDELL & REED FINL INC CL A 930059100 139 2,690 SH   SOLE   2,690 0 0
WAL-MART STORES INC COM 931142103 3,958 51,765 SH   SOLE   51,765 0 0
WESTERN UN CO COM 959802109 581 36,250 SH   SOLE   36,250 0 0
WILLIAMS COS INC DEL COM 969457100 1,213 21,930 SH   SOLE   21,930 0 0
WILLIAMS SONOMA INC COM 969904101 476 7,160 SH   SOLE   7,160 0 0
WISCONSIN ENERGY CORP COM 976657106 307 7,155 SH   SOLE   7,155 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 535 6,590 SH   SOLE   6,590 0 0
XILINX INC COM 983919101 365 8,620 SH   SOLE   8,620 0 0