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 COM 88579Y101 779 5,171 SH   SOLE   5,171 0 0
8X8 INC COM 282914100 548 47,895 SH   SOLE   47,895 0 0
ABBOTT LABORATORIES COM 002824100 188 4,183 SH   SOLE   4,183 0 0
ABBVIE INC COM 00287Y109 274 4,625 SH   SOLE   4,625 0 0
ACADIA REALTY TRUST COM SH BEN INT 004239109 30,991 934,859 SH   SOLE   934,859 0 0
ACCENTURE PLC SHS CLASS A G1151C101 184 1,760 SH   SOLE   1,760 0 0
ACE LIMITED SHS H0023R105 107 918 SH   SOLE   918 0 0
ACETO CORPORATION COM 004446100 5,002 185,382 SH   SOLE   185,382 0 0
ACTIVISION BLIZZARD INC COM 00507V109 58 1,492 SH   SOLE   1,492 0 0
ACUITY BRANDS INC COM 00508Y102 29 125 SH   SOLE   125 0 0
ADEPTUS HEALTH INC CL A 006855100 2,075 38,061 SH   SOLE   38,061 0 0
ADOBE SYSTEMS INC COM 00724F101 132 1,406 SH   SOLE   1,406 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 34 227 SH   SOLE   227 0 0
ADVANCED ENERGY INDUSTRIES INC COM 007973100 3,115 110,360 SH   SOLE   110,360 0 0
AERCAP HOLDINGS NV SHS N00985106 11 248 SH   SOLE   248 0 0
AES CORP COM 00130H105 22 2,257 SH   SOLE   2,257 0 0
AETNA INC COM 00817Y108 106 981 SH   SOLE   981 0 0
AFFILIATED MANAGERS GROUP INC COM 008252108 28 173 SH   SOLE   173 0 0
AFFYMETRIX INC COM 00826T108 3,832 379,737 SH   SOLE   379,737 0 0
AFLAC INC COM 001055102 73 1,219 SH   SOLE   1,219 0 0
AGCO CORPORATION COM 001084102 11 232 SH   SOLE   232 0 0
AGENUS INC COM NEW 00847G705 416 91,632 SH   SOLE   91,632 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 41 971 SH   SOLE   971 0 0
AGL RESOURCES INC COM 001204106 21 335 SH   SOLE   335 0 0
AGREE REALTY CORPORATION COM 008492100 37 1,100 SH   SOLE   1,100 0 0
AIR PRODUCTS & CHEMICALS INC COM 009158106 74 571 SH   SOLE   571 0 0
AIRGAS INC COM 009363102 29 209 SH   SOLE   209 0 0
AKAMAI TECHNOLOGIES COM 00971T101 27 519 SH   SOLE   519 0 0
ALBANY MOLECULAR RESEARCH INC COM 012423109 4,038 203,450 SH   SOLE   203,450 0 0
ALBEMARLE CORPORATION COM 012653101 20 350 SH   SOLE   350 0 0
ALCOA INC COM 013817101 35 3,537 SH   SOLE   3,537 0 0
ALEXANDER'S INC COM 014752109 77 200 SH   SOLE   200 0 0
ALEXANDRIA REAL ESTATE COM 015271109 10,828 119,829 SH   SOLE   119,829 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 120 630 SH   SOLE   630 0 0
ALKERMES PLC SHS G01767105 36 454 SH   SOLE   454 0 0
ALLEGHANY CORPORATION COM 017175100 24 50 SH   SOLE   50 0 0
ALLERGAN PLC SHS G0177J108 345 1,103 SH   SOLE   1,103 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 51 184 SH   SOLE   184 0 0
ALLIANT ENERGY CORP COM 018802108 23 369 SH   SOLE   369 0 0
ALLSTATE CORP COM 020002101 69 1,119 SH   SOLE   1,119 0 0
ALLY FINANCIAL INC COM 02005N100 22 1,200 SH   SOLE   1,200 0 0
ALMOST FAMILY INC COM 020409108 3,678 96,216 SH   SOLE   96,216 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 21 221 SH   SOLE   221 0 0
ALPHABET INC-CL A CAP STK CL A 02079K305 1,251 1,608 SH   SOLE   1,608 0 0
ALPHABET INC-CL C CAP STK CL C 02079K107 1,292 1,703 SH   SOLE   1,703 0 0
ALTRIA GROUP INC COM 02209S103 322 5,525 SH   SOLE   5,525 0 0
AMAZON.COM INC COM 023135106 1,495 2,212 SH   SOLE   2,212 0 0
AMERCO COM 023586100 9 22 SH   SOLE   22 0 0
AMEREN CORPORATION COM 023608102 33 754 SH   SOLE   754 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 22 512 SH   SOLE   512 0 0
AMERICAN ASSETS TRUST INC COM 024013104 88 2,300 SH   SOLE   2,300 0 0
AMERICAN CAMPUS COMMUNITIES COM 024835100 176,806 4,276,870 SH   SOLE   4,276,870 0 0
AMERICAN CAPITAL AGENCY CORPORATION COM 02503X105 340 19,625 SH   SOLE   19,625 0 0
AMERICAN ELECTRIC POWER COM 025537101 441 7,571 SH   SOLE   7,571 0 0
AMERICAN EXPRESS CO COM 025816109 179 2,569 SH   SOLE   2,569 0 0
AMERICAN FARMLAND CO COM 02589Y100 1 100 SH   SOLE   100 0 0
AMERICAN HOMES 4 RENT-A CL A 02665T306 148 8,900 SH   SOLE   8,900 0 0
AMERICAN INTERNATIONAL GROUP COM NEW 026874784 224 3,615 SH   SOLE   3,615 0 0
AMERICAN RESIDENTIAL PROPERTIES INC COM 02927E303 34 1,800 SH   SOLE   1,800 0 0
AMERICAN TOWER CORPORATION COM 03027X100 282,025 2,908,975 SH   SOLE   2,908,975 0 0
AMERICAN TOWER CORPORATION-A 5.25% PFD CONV SER A 03027X308 8,201 80,200 SH   SOLE   80,200 0 0
AMERICAN WATER WORKS CO INC COM 030420103 31 523 SH   SOLE   523 0 0
AMERIPRISE FINANCIAL INC COM 03076C106 57 532 SH   SOLE   532 0 0
AMERIS BANCORP COM 03076K108 4,610 135,614 SH   SOLE   135,614 0 0
AMERISAFE INC COM 03071H100 3,528 69,315 SH   SOLE   69,315 0 0
AMERISOURCEBERGEN CORP COM 03073E105 426 4,108 SH   SOLE   4,108 0 0
AMETEK INC COM 031100100 36 679 SH   SOLE   679 0 0
AMGEN INC COM 031162100 347 2,136 SH   SOLE   2,136 0 0
AMPHASTAR PHARMACEUTICALS INC COM 03209R103 3,934 276,472 SH   SOLE   276,472 0 0
AMPHENOL CORPORATION-CL A CL A 032095101 45 868 SH   SOLE   868 0 0
ANADARKO PETROLEUM CORP COM 032511107 71 1,471 SH   SOLE   1,471 0 0
ANALOG DEVICES INC COM 032654105 49 881 SH   SOLE   881 0 0
ANIKA THERAPEUTICS INC COM 035255108 539 14,124 SH   SOLE   14,124 0 0
ANNALY CAPITAL MANAGEMENT INC COM 035710409 354 37,687 SH   SOLE   37,687 0 0
ANSYS INC COM 03662Q105 26 286 SH   SOLE   286 0 0
ANTERO RESOURCES CORPORATION COM 03674X106 5 240 SH   SOLE   240 0 0
ANTHEM INC COM 036752103 104 743 SH   SOLE   743 0 0
AON PLC SHS CL A G0408V102 73 792 SH   SOLE   792 0 0
APACHE CORP COM 037411105 48 1,069 SH   SOLE   1,069 0 0
APARTMENT INVT & MGMT CO-A CL A 03748R101 356 8,900 SH   SOLE   8,900 0 0
APPLE HOSPITALITY REIT INC COM NEW 03784Y200 137,620 6,891,356 SH   SOLE   6,891,356 0 0
APPLE INC COM 037833100 1,677 15,933 SH   SOLE   15,933 0 0
APPLIED MATERIALS INC COM 038222105 65 3,460 SH   SOLE   3,460 0 0
ARAMARK COM 03852U106 19 583 SH   SOLE   583 0 0
ARCH CAPITAL GROUP LTD ORD G0450A105 24 342 SH   SOLE   342 0 0
ARCHER-DANIELS-MIDLAND CO COM 039483102 64 1,743 SH   SOLE   1,743 0 0
ARMADA HOFFLER PROPERTIES INC COM 04208T108 18 1,700 SH   SOLE   1,700 0 0
ARRAY BIOPHARMA INC COM 04269X105 573 135,695 SH   SOLE   135,695 0 0
ARROW ELECTRONICS INC COM 042735100 16 301 SH   SOLE   301 0 0
ARTHUR J GALLAGHER & CO COM 363576109 20 477 SH   SOLE   477 0 0
ASHFORD HOSPITALITY PRIME INC COM 044102101 22 1,500 SH   SOLE   1,500 0 0
ASHFORD HOSPITALITY TRUST COM SHS 044103109 42 6,600 SH   SOLE   6,600 0 0
ASHLAND INC COM 044209104 21 205 SH   SOLE   205 0 0
ASSURANT INC COM 04621X108 18 218 SH   SOLE   218 0 0
AT&T INC COM 00206R102 887 25,772 SH   SOLE   25,772 0 0
AUTODESK INC COM 052769106 39 632 SH   SOLE   632 0 0
AUTOLIV INC COM 052800109 31 246 SH   SOLE   246 0 0
AUTOMATIC DATA PROCESSING COM 053015103 740 8,739 SH   SOLE   8,739 0 0
AUTONATION INC COM 05329W102 15 255 SH   SOLE   255 0 0
AUTOZONE INC COM 053332102 435 586 SH   SOLE   586 0 0
AVAGO TECHNOLOGIES LIMITED SHS Y0486S104 106 729 SH   SOLE   729 0 0
AVALONBAY COMMUNITIES INC COM 053484101 347,968 1,889,794 SH   SOLE   1,889,794 0 0
AVERY DENNISON CORPORATION COM 053611109 18 283 SH   SOLE   283 0 0
AVNET INC COM 053807103 17 404 SH   SOLE   404 0 0
AXALTA COATING SYSTEMS LTD COM G0750C108 9 333 SH   SOLE   333 0 0
AXIS CAPITAL HOLDINGS LIMITED SHS G0692U109 20 350 SH   SOLE   350 0 0
B&G FOODS INC COM 05508R106 3,299 94,211 SH   SOLE   94,211 0 0
B/E AEROSPACE INC COM 073302101 16 366 SH   SOLE   366 0 0
BAKER HUGHES INC COM 057224107 58 1,264 SH   SOLE   1,264 0 0
BALL CORPORATION COM 058498106 28 381 SH   SOLE   381 0 0
BANC OF CALIFORNIA INC COM 05990K106 3,604 246,510 SH   SOLE   246,510 0 0
BANK OF AMERICA CORPORATION COM 060505104 804 47,764 SH   SOLE   47,764 0 0
BANK OF NEW YORK MELLON CORP/THE COM 064058100 130 3,151 SH   SOLE   3,151 0 0
BANNER CORPORATION COM NEW 06652V208 3,413 74,431 SH   SOLE   74,431 0 0
BARD (C.R.) INC COM 067383109 40 209 SH   SOLE   209 0 0
BAXALTA INC COM 07177M103 62 1,579 SH   SOLE   1,579 0 0
BAXTER INTERNATIONAL INC. COM 071813109 60 1,579 SH   SOLE   1,579 0 0
BB&T CORPORATION COM 054937107 80 2,115 SH   SOLE   2,115 0 0
BECTON DICKINSON & CO COM 075887109 95 614 SH   SOLE   614 0 0
BED BATH & BEYOND INC COM 075896100 322 6,681 SH   SOLE   6,681 0 0
BERKSHIRE HATHAWAY INC-CL B CL B NEW 084670702 437 3,311 SH   SOLE   3,311 0 0
BEST BUY CO INC COM 086516101 146 4,800 SH   SOLE   4,800 0 0
BIOGEN INC COM 09062X103 202 661 SH   SOLE   661 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 47 450 SH   SOLE   450 0 0
BIOMED REALTY TRUST INC COM 09063H107 92,980 3,924,859 SH   SOLE   3,924,859 0 0
BLACKROCK INC COM 09247X101 118 347 SH   SOLE   347 0 0
BLUEROCK RESIDENTIAL GROWTH REIT INC COM CL A 09627J102 13 1,100 SH   SOLE   1,100 0 0
BNC BANCORP COM 05566T101 1,630 64,206 SH   SOLE   64,206 0 0
BOEING CO COM 097023105 261 1,804 SH   SOLE   1,804 0 0
BORGWARNER INC COM 099724106 374 8,649 SH   SOLE   8,649 0 0
BOSTON PROPERTIES INC COM 101121101 306,930 2,406,542 SH   SOLE   2,406,542 0 0
BOSTON SCIENTIFIC CORP COM 101137107 69 3,767 SH   SOLE   3,767 0 0
BOTTOMLINE TECHNOLOGIES (DE) COM 101388106 530 17,813 SH   SOLE   17,813 0 0
BRANDYWINE REALTY SH BEN INT NEW 105368203 22,927 1,678,427 SH   SOLE   1,678,427 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 322 4,684 SH   SOLE   4,684 0 0
BRIXMOR PROPERTY GROUP INC COM 11120U105 115,231 4,462,855 SH   SOLE   4,462,855 0 0
BROADCOM CORP-CL A CL A 111320107 90 1,554 SH   SOLE   1,554 0 0
BROWN-FORMAN CORPORATION-CLASS B CL B 115637209 401 4,037 SH   SOLE   4,037 0 0
BUNGE LIMITED COM G16962105 29 429 SH   SOLE   429 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 209 3,375 SH   SOLE   3,375 0 0
CA INC COM 12673P105 30 1,037 SH   SOLE   1,037 0 0
CABLEVISION SYSTEMS-NY GRP-A CL A NY CABLVS 12686C109 18 559 SH   SOLE   559 0 0
CABOT OIL & GAS CORPORATION COM 127097103 21 1,174 SH   SOLE   1,174 0 0
CADENCE DESIGN SYSTEMS INC COM 127387108 308 14,778 SH   SOLE   14,778 0 0
CALPINE CORPORATION COM NEW 131347304 17 1,200 SH   SOLE   1,200 0 0
CAMDEN PROPERTY TRUST SH BEN INT 133131102 144,230 1,878,971 SH   SOLE   1,878,971 0 0
CAMERON INTERNATIONAL CORPORATION COM 13342B105 36 565 SH   SOLE   565 0 0
CAMPBELL SOUP COMPANY COM 134429109 406 7,726 SH   SOLE   7,726 0 0
CAMPUS CREST COMMUNITIES INC COM 13466Y105 25 3,700 SH   SOLE   3,700 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 111 1,535 SH   SOLE   1,535 0 0
CAPITOL FEDERAL FINANCIAL INC COM 14057J101 3,662 291,573 SH   SOLE   291,573 0 0
CARDINAL HEALTH INC COM 14149Y108 82 915 SH   SOLE   915 0 0
CARE CAPITAL PROPERTIES COM 141624106 67,301 2,201,540 SH   SOLE   2,201,540 0 0
CARETRUST REIT INC COM 14174T107 30 2,700 SH   SOLE   2,700 0 0
CARMAX INC COM 143130102 32 588 SH   SOLE   588 0 0
CARNIVAL CORP(US) PAIRED CTF 143658300 64 1,167 SH   SOLE   1,167 0 0
CATCHMARK TIMBER TRUST INC CL A 14912Y202 5 400 SH   SOLE   400 0 0
CATERPILLAR INC COM 149123101 112 1,642 SH   SOLE   1,642 0 0
CBL & ASSOCIATES PROPERTIES COM 124830100 141 11,400 SH   SOLE   11,400 0 0
CBRE GROUP INC CL A 12504L109 30 872 SH   SOLE   872 0 0
CBS CORP-CLASS B CL B 124857202 59 1,242 SH   SOLE   1,242 0 0
CDK GLOBAL INC COM 12508E101 19 398 SH   SOLE   398 0 0
CDR CORPORATION COM 12514G108 17 403 SH   SOLE   403 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 31 4,400 SH   SOLE   4,400 0 0
CELANESE CORP-SERIES A COM SER A 150870103 32 477 SH   SOLE   477 0 0
CELGENE CORP COM 151020104 267 2,228 SH   SOLE   2,228 0 0
CENTENE CORPORATION COM 15135B101 22 335 SH   SOLE   335 0 0
CENTERPOINT ENERGY INC COM 15189T107 115 6,248 SH   SOLE   6,248 0 0
CENTERSTATE BANKS INC COM 15201P109 540 34,498 SH   SOLE   34,498 0 0
CENTRAL PACIFIC FINANCIAL CORP COM NEW 154760409 3,063 139,084 SH   SOLE   139,084 0 0
CENTURYLINK INC COM 156700106 40 1,584 SH   SOLE   1,584 0 0
CERNER CORPORATION COM 156782104 52 870 SH   SOLE   870 0 0
CF INDUSTRIES HOLDINGS INC COM 125269100 29 705 SH   SOLE   705 0 0
CHARTER COMMUNICATION INC-A CL A NEW 16117M305 44 238 SH   SOLE   238 0 0
CHATHAM LODGING TRUST COM 16208T102 1,385 67,629 SH   SOLE   67,629 0 0
CHECK POINT SOFTWARE TECHNOLOGIES ORD M22465104 15 189 SH   SOLE   189 0 0
CHENIERE ENERGY INC COM NEW 16411R208 26 699 SH   SOLE   699 0 0
CHESAPEAKE ENERGY CORP COM 165167107 8 1,800 SH   SOLE   1,800 0 0
CHESAPEAKE LODGING TRUST SH BEN INT 165240102 98 3,900 SH   SOLE   3,900 0 0
CHEVRON CORP COM 166764100 475 5,283 SH   SOLE   5,283 0 0
CHICAGO BRIDGE & IRON CO NV COM 167250109 12 303 SH   SOLE   303 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 42 87 SH   SOLE   87 0 0
CHUBB CORP COM 171232101 84 634 SH   SOLE   634 0 0
CHURCH & DWIGHT CO INC COM 171340102 396 4,666 SH   SOLE   4,666 0 0
CIGNA CORP COM 125509109 106 723 SH   SOLE   723 0 0
CIMAREX ENERGY CO COM 171798101 24 264 SH   SOLE   264 0 0
CINCINNATI FINANCIAL CORP COM 172062101 29 483 SH   SOLE   483 0 0
CINTAS CORPORATION COM 172908105 24 262 SH   SOLE   262 0 0
CISCO SYSTEMS INC COM 17275R102 388 14,289 SH   SOLE   14,289 0 0
CIT GROUP INC COM NEW 125581801 23 569 SH   SOLE   569 0 0
CITIGROUP INC COM NEW 172967424 435 8,409 SH   SOLE   8,409 0 0
CITIZENS FINANCIAL GROUP INC COM 174610105 39 1,474 SH   SOLE   1,474 0 0
CITRIX SYSTEMS INC COM 177376100 38 500 SH   SOLE   500 0 0
CITY OFFICE REIT INC COM 178587101 7 600 SH   SOLE   600 0 0
CLAYTON WILLIAMS ENERGY INC COM 969490101 1,448 48,981 SH   SOLE   48,981 0 0
CLOROX COMPANY COM 189054109 451 3,559 SH   SOLE   3,559 0 0
CME GROUP INC COM 12572Q105 81 896 SH   SOLE   896 0 0
CMS ENERGY CORPORATION COM 125896100 31 858 SH   SOLE   858 0 0
COACH INC COM 189754104 28 856 SH   SOLE   856 0 0
COCA-COLA CO/THE COM 191216100 500 11,634 SH   SOLE   11,634 0 0
COCA-COLA ENTERPRISES INC COM 19122T109 31 622 SH   SOLE   622 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CORP-A CL A 192446102 103 1,715 SH   SOLE   1,715 0 0
COLGATE-PALMOLIVE CO COM 194162103 554 8,314 SH   SOLE   8,314 0 0
COLUMBIA BANKING SYSTEM INC COM 197236102 4,186 128,768 SH   SOLE   128,768 0 0
COLUMBIA PIPELINE GROUP INC COM 198280109 19 927 SH   SOLE   927 0 0
COLUMBIA PROPERTY TRUST INC COM NEW 198287203 58,556 2,493,855 SH   SOLE   2,493,855 0 0
COMCAST CORP-CL A CL A 20030N101 660 11,694 SH   SOLE   11,694 0 0
COMERICA INC COM 200340107 22 526 SH   SOLE   526 0 0
COMFORT SYSTEMS USA INC COM 199908104 4,032 141,882 SH   SOLE   141,882 0 0
COMMUNICATIONS SALES & LEASING INC COM 20341J104 21 1,100 SH   SOLE   1,100 0 0
COMMUNITY HEALTHCARE TRUST I COM 20369C106 2 100 SH   SOLE   100 0 0
CONAGRA FOODS INC COM 205887102 186 4,400 SH   SOLE   4,400 0 0
CONCERT PHARMACEUTICALS INC COM 206022105 1,061 55,934 SH   SOLE   55,934 0 0
CONCHO RESOURCES INC COM 20605P101 33 351 SH   SOLE   351 0 0
CONOCOPHILLIPS COM 20825C104 162 3,464 SH   SOLE   3,464 0 0
CONSOLIDATED EDISON INC COM 209115104 413 6,423 SH   SOLE   6,423 0 0
CONSTELLATION BRANDS INC-A CL A 21036P108 69 481 SH   SOLE   481 0 0
CONSUMER STAPLES SELECT SECTOR SPDR ETF SBI CONS STPLS 81369Y308 14,137 280,000 SH   SOLE   280,000 0 0
CONTINENTAL RESOURCES INC COM 212015101 7 289 SH   SOLE   289 0 0
CORE LABORATORIES NV COM N22717107 15 136 SH   SOLE   136 0 0
CORENERGY INFRASTRUCTURE TRUST INC COM NEW 21870U502 5 320 SH   SOLE   320 0 0
CORESITE REALTY CORPORATION COM 21870Q105 102 1,800 SH   SOLE   1,800 0 0
CORNING INC COM 219350105 63 3,425 SH   SOLE   3,425 0 0
CORPORATE OFFICE PROPERTIES SH BEN INT 22002T108 118 5,400 SH   SOLE   5,400 0 0
CORRECTIONS CORPORATION OF AMERICA COM NEW 22025Y407 53,102 2,004,600 SH   SOLE   2,004,600 0 0
COSTCO WHOLESALE CORP COM 22160K105 200 1,236 SH   SOLE   1,236 0 0
COUSINS PROPERTIES INC COM 222795106 62,402 6,617,377 SH   SOLE   6,617,377 0 0
COVENANT TRANSPORTATION GROUP INC CL A 22284P105 2,822 149,408 SH   SOLE   149,408 0 0
COWEN GROUP INC CL A 223622101 3,346 873,660 SH   SOLE   873,660 0 0
CREE INC COM 225447101 368 13,780 SH   SOLE   13,780 0 0
CROWN CASTLE INTERNATIONAL CORP-A 4.5% CNV PFD STK SR A 22822V200 5,385 50,200 SH   SOLE   50,200 0 0
CROWN CASTLE INTERNATIONAL CORPORATION COM 22822V101 255,518 2,955,677 SH   SOLE   2,955,677 0 0
CROWN HOLDINGS INC COM 228368106 21 408 SH   SOLE   408 0 0
CSX CORP COM 126408103 75 2,880 SH   SOLE   2,880 0 0
CUBESMART COM 229663109 77,955 2,545,895 SH   SOLE   2,545,895 0 0
CUMMINS INC COM 231021106 44 499 SH   SOLE   499 0 0
CVB FINANCIAL CORP COM 126600105 4,054 239,587 SH   SOLE   239,587 0 0
CVS HEALTH CORPORATION COM 126650100 304 3,114 SH   SOLE   3,114 0 0
CYNOSURE INC CL A 232577205 5,102 114,213 SH   SOLE   114,213 0 0
CYRUSONE INC COM 23283R100 2,739 73,143 SH   SOLE   73,143 0 0
DANAHER CORP COM 235851102 160 1,723 SH   SOLE   1,723 0 0
DARDEN RESTAURANTS INC COM 237194105 21 329 SH   SOLE   329 0 0
DAVITA HEALTHCARE PARTNERS INC COM 23918K108 372 5,334 SH   SOLE   5,334 0 0
DCT INDUSTRIAL TRUST INC COM NEW 233153204 60,347 1,614,860 SH   SOLE   1,614,860 0 0
DDR CORPORATION COM 23317H102 88,633 5,263,250 SH   SOLE   5,263,250 0 0
DEERE & CO COM 244199105 66 871 SH   SOLE   871 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 68 794 SH   SOLE   794 0 0
DELTA AIR LINES INC COM NEW 247361702 29 573 SH   SOLE   573 0 0
DENTSPLY INTERNATIONAL INC COM 249030107 25 417 SH   SOLE   417 0 0
DEVON ENERGY CORPORATION COM 25179M103 36 1,116 SH   SOLE   1,116 0 0
DHI GROUP INC COM 23331S100 2,772 302,312 SH   SOLE   302,312 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 1,482 183,185 SH   SOLE   183,185 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 58,987 6,112,615 SH   SOLE   6,112,615 0 0
DICK'S SPORTING GOODS INC COM 253393102 10 278 SH   SOLE   278 0 0
DIGITAL REALTY TRUST INC COM 253868103 91,320 1,207,621 SH   SOLE   1,207,621 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 65 1,216 SH   SOLE   1,216 0 0
DISCOVERY COMMUNICATIONS -C COM SER C 25470F302 21 848 SH   SOLE   848 0 0
DISCOVERY COMMUNICATIONS INC -A COM SER A 25470F104 12 450 SH   SOLE   450 0 0
DISH NETWORK CORPORATION-A CL A 25470M109 40 691 SH   SOLE   691 0 0
DOLLAR GENERAL CORPORATION COM 256677105 59 823 SH   SOLE   823 0 0
DOLLAR TREE INC COM 256746108 48 626 SH   SOLE   626 0 0
DOMINION RESOURCES INC/VA COM 25746U109 8,225 121,600 SH   SOLE   121,600 0 0
DOUGLAS EMMETT INC COM 25960P109 10,424 334,311 SH   SOLE   334,311 0 0
DOVER CORP COM 260003108 213 3,472 SH   SOLE   3,472 0 0
DOW CHEMICAL COM 260543103 162 3,141 SH   SOLE   3,141 0 0
DR HORTON INC COM 23331A109 30 927 SH   SOLE   927 0 0
DR PEPPER SNAPPLE GROUP INC(US) COM 26138E109 50 539 SH   SOLE   539 0 0
DTE ENERGY COMPANY COM 233331107 413 5,150 SH   SOLE   5,150 0 0
DTS INC COM 23335C101 2,149 95,157 SH   SOLE   95,157 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 505 7,589 SH   SOLE   7,589 0 0
DUKE ENERGY CORPORATION COM NEW 26441C204 317 4,443 SH   SOLE   4,443 0 0
DUKE REALTY CORP COM NEW 264411505 148,125 7,046,871 SH   SOLE   7,046,871 0 0
DUN & BRADSTREET CORP COM 26483E100 12 112 SH   SOLE   112 0 0
DUPONT FABROS TECHNOLOGY INC COM 26613Q106 149 4,700 SH   SOLE   4,700 0 0
E*TRADE FINANCIAL CORP COM NEW 269246401 25 846 SH   SOLE   846 0 0
EAGLE BANCORP INC COM 268948106 3,834 75,969 SH   SOLE   75,969 0 0
EAGLE PHARMACEUTICALS INC COM 269796108 1,105 12,461 SH   SOLE   12,461 0 0
EASTERLY GOVERNMENT PROPERTIES INC COM 27616P103 12 700 SH   SOLE   700 0 0
EASTGROUP PROPERTIES COM 277276101 39,170 704,369 SH   SOLE   704,369 0 0
EASTMAN CHEMICAL COMPANY COM 277432100 29 434 SH   SOLE   434 0 0
EATON CORPORATION PLC SHS G29183103 378 7,258 SH   SOLE   7,258 0 0
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FREEPORT-MCMORAN INC CL B 35671D857 22 3,229 SH   SOLE   3,229 0 0
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GARTNER INC COM 366651107 23 259 SH   SOLE   259 0 0
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HALLIBURTON CO COM 406216101 84 2,469 SH   SOLE   2,469 0 0
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HEWLETT PACKARD ENTERPRISE COMPANY COM 42824C109 78 5,107 SH   SOLE   5,107 0 0
HEWLETT-PACKARD COMPANY COM 40434L105 354 29,929 SH   SOLE   29,929 0 0
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HOLOGIC INC COM 436440101 26 671 SH   SOLE   671 0 0
HOME DEPOT INC COM 437076102 475 3,588 SH   SOLE   3,588 0 0
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ITRON INC COM 465741106 346 9,572 SH   SOLE   9,572 0 0
IXYS CORPORATION COM 46600W106 2,407 190,581 SH   SOLE   190,581 0 0
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JAZZ PHARMACEUTICALS PLC SHS USD G50871105 25 177 SH   SOLE   177 0 0
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KEYCORP COM 493267108 33 2,498 SH   SOLE   2,498 0 0
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LOCKHEED MARTIN CORP COM 539830109 170 781 SH   SOLE   781 0 0
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MAXIM INTEGRATED PRODUCTS INC COM 57772K101 32 842 SH   SOLE   842 0 0
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MEDTRONIC PLC SHS G5960L103 306 3,979 SH   SOLE   3,979 0 0
MELCO CROWN ENTERTAINMENT LTD-ADR ADR 585464100 4 266 SH   SOLE   266 0 0
MERCK & CO. INC. COM 58933Y105 419 7,938 SH   SOLE   7,938 0 0
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METLIFE INC COM 59156R108 128 2,665 SH   SOLE   2,665 0 0
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MICROCHIP TECHNOLOGY INC COM 595017104 28 600 SH   SOLE   600 0 0
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MOHAWK INDUSTRIES INC COM 608190104 37 193 SH   SOLE   193 0 0
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MONDELEZ INTERNATIONAL INC CL A 609207105 205 4,570 SH   SOLE   4,570 0 0
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MONSANTO CO COM 61166W101 132 1,338 SH   SOLE   1,338 0 0
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MOODY'S CORP COM 615369105 53 531 SH   SOLE   531 0 0
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NASDAQ INC COM 631103108 20 347 SH   SOLE   347 0 0
NATIONAL HEALTH INVESTORS INC COM 63633D104 5,180 85,100 SH   SOLE   85,100 0 0
NATIONAL OILWELL VARCO INC COM 637071101 36 1,072 SH   SOLE   1,072 0 0
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VMWARE INC-CLASS A CL A COM 928563402 347 6,131 SH   SOLE   6,131 0 0
VORNADO REALTY TRUST SH BEN INT 929042109 176,365 1,764,357 SH   SOLE   1,764,357 0 0
VOYA FINANCIAL INC COM 929089100 24 639 SH   SOLE   639 0 0
VULCAN MATERIALS CO COM 929160109 39 409 SH   SOLE   409 0 0
WABCO HOLDINGS INC COM 92927K102 16 159 SH   SOLE   159 0 0
WABTEC CORPORATION COM 929740108 21 299 SH   SOLE   299 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 209 2,452 SH   SOLE   2,452 0 0
WALKER & DUNLOP INC COM 93148P102 4,093 142,086 SH   SOLE   142,086 0 0
WAL-MART STORES INC COM 931142103 486 7,926 SH   SOLE   7,926 0 0
WASHINGTON REAL ESTATE INV SH BEN INT 939653101 84,399 3,118,968 SH   SOLE   3,118,968 0 0
WASTE MANAGEMENT INC COM 94106L109 67 1,264 SH   SOLE   1,264 0 0
WATERS CORP COM 941848103 35 259 SH   SOLE   259 0 0
WEATHERFORD INTERNATIONAL PLC ORD SHS G48833100 18 2,157 SH   SOLE   2,157 0 0
WEC ENERGY GROUP INC COM 92939U106 46 887 SH   SOLE   887 0 0
WEINGARTEN REALTY INVESTORS SH BEN INT 948741103 151,280 4,374,789 SH   SOLE   4,374,789 0 0
WELLS FARGO & COMPANY COM 949746101 1,105 20,325 SH   SOLE   20,325 0 0
WELLTOWER INC COM 95040Q104 268,225 3,942,748 SH   SOLE   3,942,748 0 0
WELLTOWER INC-I 6.5% 6.50% PFD PREPET 95040Q203 15,516 255,200 SH   SOLE   255,200 0 0
WERNER ENTERPRISES INC COM 950755108 2,776 118,689 SH   SOLE   118,689 0 0
WESTAR ENERGY INC COM 95709T100 6,557 154,600 SH   SOLE   154,600 0 0
WESTERN DIGITAL CORPORATION COM 958102105 41 686 SH   SOLE   686 0 0
WESTERN UNION COMPANY COM 959802109 27 1,498 SH   SOLE   1,498 0 0
WESTLAKE CHEMICAL CORPORATION COM 960413102 8 145 SH   SOLE   145 0 0
WESTROCK COMPANY COM 96145D105 33 734 SH   SOLE   734 0 0
WEYERHAEUSER CO-A 6.375% PREF CONV SER A 962166872 7,819 155,500 SH   SOLE   155,500 0 0
WEYERHAEUSER COMPANY COM 962166104 283,318 9,450,225 SH   SOLE   9,450,225 0 0
WHIRLPOOL CORP COM 963320106 36 242 SH   SOLE   242 0 0
WHITESTONE REIT COM 966084204 18 1,500 SH   SOLE   1,500 0 0
WHITEWAVE FOODS COMPANY COM 966244105 20 521 SH   SOLE   521 0 0
WHITING PETROLEUM CORPORATION COM 966387102 5 517 SH   SOLE   517 0 0
WHOLE FOODS MARKET INC COM 966837106 37 1,118 SH   SOLE   1,118 0 0
WILLIAM LYON HOMES CL A NEW 552074700 2,715 164,573 SH   SOLE   164,573 0 0
WILLIAMS COS INC COM 969457100 12,108 471,130 SH   SOLE   471,130 0 0
WILLIS GROUP HOLDINGS PLC SHS G96666105 797 6,195 SH   SOLE   6,195 0 0
WILSHIRE BANCORP INC COM 97186T108 3,387 293,229 SH   SOLE   293,229 0 0
WINTHROP REALTY TRUST INC SH BEN INT NEW 976391300 27 2,100 SH   SOLE   2,100 0 0
WORKDAY INC-CLASS A CL A 98138H101 25 310 SH   SOLE   310 0 0
WP CAREY INC COM 92936U109 319 5,400 SH   SOLE   5,400 0 0
WP GLIMCHER INC COM 92939N102 135 12,700 SH   SOLE   12,700 0 0
WR BERKLEY CORP COM 084423102 16 295 SH   SOLE   295 0 0
WW GRAINGER INC COM 384802104 34 169 SH   SOLE   169 0 0
WYNDHAM WORLDWIDE CORPORATION COM 98310W108 28 383 SH   SOLE   383 0 0
WYNN RESORTS LTD COM 983134107 18 254 SH   SOLE   254 0 0
XCEL ENERGY INC COM 98389B100 53 1,480 SH   SOLE   1,480 0 0
XENIA HOTELS & RESORTS INC COM 984017103 98 6,400 SH   SOLE   6,400 0 0
XEROX CORPORATION COM 984121103 31 2,942 SH   SOLE   2,942 0 0
XILINX INC COM 983919101 34 723 SH   SOLE   723 0 0
XL GROUP PLC SHS G98290102 31 802 SH   SOLE   802 0 0
XYLEM INC COM 98419M100 21 565 SH   SOLE   565 0 0
YAHOO! INC COM 984332106 393 11,803 SH   SOLE   11,803 0 0
YUM! BRANDS INC COM 988498101 88 1,205 SH   SOLE   1,205 0 0
ZILLOW GROUP INC-C CL C CAP STK 98954M200 7 280 SH   SOLE   280 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 50 483 SH   SOLE   483 0 0
ZOETIS INC CL A 98978V103 63 1,324 SH   SOLE   1,324 0 0