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
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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
EQUITY LIFESTYLE PPTYS INC COM 29472r108 6,639 108,300 SH   SOLE   108,300 0 0
EQUITY RESIDENTIAL SH BEN INT 29476l107 14,175 276,156 SH   SOLE   275,846 0 310
ISHARES TR MSCI EAFE ETF 464287465 8,249 129,600 SH Put SOLE   0 0 129,600
ISHARES TR MSCI EMG MKT ETF 464287234 2,024 45,900 SH Put SOLE   0 0 45,900
PROLOGIS INC. COM 74340w103 7,797 77,494 SH   SOLE   77,494 0 0
PUBLIC STORAGE COM 74460d109 6,547 29,396 SH   SOLE   29,396 0 0
SPDR GOLD TR GOLD SHS 78463v107 209 1,180 SH   SOLE   0 0 1,180
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,115 9,300 SH Put SOLE   0 0 9,300
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 444 5,038 SH   SOLE   5,038 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 304 1,945 SH   SOLE   0 0 1,945
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 65,570 830,426 SH   SOLE   830,426 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206c771 243 4,470 SH   SOLE   4,470 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206c409 2,025 24,440 SH   SOLE   24,440 0 0