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 2,867 17,900 SH   SOLE 0 0 0 17,900
ABBVIE INC COMMON STOCK 00287Y109 3,547 40,500 SH   SOLE 0 0 0 40,500
AFLAC INC COMMON STOCK 001055102 1,668 45,900 SH   SOLE 0 0 0 45,900
AGNC INVESTMENT CORP COMMON STOCK 00123Q104 1,558 112,000 SH   SOLE 0 0 0 112,000
ALEXANDRIA REAL ESTATE EQUIT COMMON STOCK 015271109 1,688 10,550 SH   SOLE 0 0 0 10,550
ALLEGHANY CORP COMMON STOCK 017175100 1,457 2,800 SH   SOLE 0 0 0 2,800
ALLSTATE CORP COMMON STOCK 020002101 1,939 20,600 SH   SOLE 0 0 0 20,600
AMERICAN CAMPUS COMMUNITIES COMMON STOCK 024835100 1,093 31,300 SH   SOLE 0 0 0 31,300
AMERICAN FINANCIAL GROUP INC COMMON STOCK 025932104 1,273 19,000 SH   SOLE 0 0 0 19,000
AMERICAN HOMES 4 RENT- A COMMON STOCK 02665T306 1,253 44,000 SH   SOLE 0 0 0 44,000
AMERIPRISE FINANCIAL INC COMMON STOCK 03076C106 2,019 13,100 SH   SOLE 0 0 0 13,100
AMGEN INC COMMON STOCK 031162100 3,762 14,800 SH   SOLE 0 0 0 14,800
ANNALY CAPITAL MANAGEMENT IN COMMON STOCK 035710409 1,388 195,000 SH   SOLE 0 0 0 195,000
ANTHEM INC COMMON STOCK 036752103 2,592 9,650 SH   SOLE 0 0 0 9,650
APARTMENT INVT and MGMT CO -A COMMON STOCK 03748R754 934 27,709 SH   SOLE 0 0 0 27,709
APPLE HOSPITALITY REIT INC COMMON STOCK 03784Y200 125 13,000 SH   SOLE 0 0 0 13,000
APPLE INC COMMON STOCK 037833100 16,709 144,280 SH   SOLE 0 0 0 144,280
ARCHER-DANIELS-MIDLAND CO COMMON STOCK 039483102 2,092 45,000 SH   SOLE 0 0 0 45,000
ARMADA HOFFLER PROPERTIES IN COMMON STOCK 04208T108 121 13,101 SH   SOLE 0 0 0 13,101
ATandT INC COMMON STOCK 00206R102 4,248 149,000 SH   SOLE 0 0 0 149,000
AUTOMATIC DATA PROCESSING COMMON STOCK 053015103 2,511 18,000 SH   SOLE 0 0 0 18,000
AUTOZONE INC COMMON STOCK 053332102 2,179 1,850 SH   SOLE 0 0 0 1,850
AVALONBAY COMMUNITIES INC COMMON STOCK 053484101 2,270 15,202 SH   SOLE 0 0 0 15,202
AVERY DENNISON CORP COMMON STOCK 053611109 2,058 16,100 SH   SOLE 0 0 0 16,100
BAXTER INTERNATIONAL INC COMMON STOCK 071813109 2,171 27,000 SH   SOLE 0 0 0 27,000
BEST BUY CO INC COMMON STOCK 086516101 2,593 23,300 SH   SOLE 0 0 0 23,300
BIOGEN INC COMMON STOCK 09062X103 2,411 8,500 SH   SOLE 0 0 0 8,500
BLACKROCK INC COMMON STOCK 09247X101 2,818 5,000 SH   SOLE 0 0 0 5,000
BOOKING HOLDINGS INC COMMON STOCK 741503403 2,395 1,400 SH   SOLE 0 0 0 1,400
BOSTON PROPERTIES INC COMMON STOCK 101121101 547 6,814 SH   SOLE 0 0 0 6,814
BRANDYWINE REALTY TRUST COMMON STOCK 105368203 739 71,500 SH   SOLE 0 0 0 71,500
BRISTOL-MYERS SQUIBB CO COMMON STOCK 110122108 3,497 58,000 SH   SOLE 0 0 0 58,000
BRISTOL-MYERS SQUIBB-CVR COMMON STOCK 110122157 52 23,000 SH   SOLE 0 0 0 23,000
BRIXMOR PROPERTY GROUP INC COMMON STOCK 11120U105 593 50,711 SH   SOLE 0 0 0 50,711
BROADRIDGE FINANCIAL SOLUTIO COMMON STOCK 11133T103 1,940 14,700 SH   SOLE 0 0 0 14,700
CAMDEN PROPERTY TRUST COMMON STOCK 133131102 1,177 13,231 SH   SOLE 0 0 0 13,231
CAMPBELL SOUP CO COMMON STOCK 134429109 2,128 44,000 SH   SOLE 0 0 0 44,000
CDW CORP/DE COMMON STOCK 12514G108 1,999 16,725 SH   SOLE 0 0 0 16,725
CELANESE CORP-SERIES A COMMON STOCK 150870103 1,988 18,500 SH   SOLE 0 0 0 18,500
CENTERPOINT ENERGY INC COMMON STOCK 15189T107 1,819 94,000 SH   SOLE 0 0 0 94,000
CERNER CORP COMMON STOCK 156782104 2,024 28,000 SH   SOLE 0 0 0 28,000
CHATHAM LODGING TRUST COMMON STOCK 16208T102 69 9,000 SH   SOLE 0 0 0 9,000
CHURCH and DWIGHT CO INC COMMON STOCK 171340102 2,249 24,000 SH   SOLE 0 0 0 24,000
CISCO SYSTEMS INC COMMON STOCK 17275R102 3,644 92,500 SH   SOLE 0 0 0 92,500
CITRIX SYSTEMS INC COMMON STOCK 177376100 2,066 15,000 SH   SOLE 0 0 0 15,000
CLOROX COMPANY COMMON STOCK 189054109 2,207 10,500 SH   SOLE 0 0 0 10,500
COGNIZANT TECH SOLUTIONS-A COMMON STOCK 192446102 2,430 35,000 SH   SOLE 0 0 0 35,000
COLGATE-PALMOLIVE CO COMMON STOCK 194162103 2,507 32,500 SH   SOLE 0 0 0 32,500
COLUMBIA PROPERTY TRUST INC COMMON STOCK 198287203 327 30,000 SH   SOLE 0 0 0 30,000
CORESITE REALTY CORP COMMON STOCK 21870Q105 690 5,800 SH   SOLE 0 0 0 5,800
CORPORATE OFFICE PROPERTIES COMMON STOCK 22002T108 368 15,500 SH   SOLE 0 0 0 15,500
COUSINS PROPERTIES INC COMMON STOCK 222795502 1,112 38,900 SH   SOLE 0 0 0 38,900
CUBESMART COMMON STOCK 229663109 1,115 34,500 SH   SOLE 0 0 0 34,500
CYRUSONE INC COMMON STOCK 23283R100 1,429 20,400 SH   SOLE 0 0 0 20,400
Colony Capital Inc COMMON STOCK 19625W104 429 157,286 SH   SOLE 0 0 0 157,286
DARDEN RESTAURANTS INC COMMON STOCK 237194105 1,491 14,800 SH   SOLE 0 0 0 14,800
DIGITAL REALTY TRUST INC COMMON STOCK 253868103 2,487 16,947 SH   SOLE 0 0 0 16,947
DOLLAR GENERAL CORP COMMON STOCK 256677105 3,081 14,700 SH   SOLE 0 0 0 14,700
DOMINION ENERGY INC COMMON STOCK 25746U109 2,605 33,000 SH   SOLE 0 0 0 33,000
DOUGLAS EMMETT INC COMMON STOCK 25960P109 226 9,000 SH   SOLE 0 0 0 9,000
DUKE REALTY CORP COMMON STOCK 264411505 985 26,707 SH   SOLE 0 0 0 26,707
Diversified Healthcare Trust COMMON STOCK 25525P107 451 128,100 SH   SOLE 0 0 0 128,100
EASTGROUP PROPERTIES INC COMMON STOCK 277276101 55 422 SH   SOLE 0 0 0 422
EBAY INC COMMON STOCK 278642103 2,761 53,000 SH   SOLE 0 0 0 53,000
ELI LILLY and CO COMMON STOCK 532457108 3,404 23,000 SH   SOLE 0 0 0 23,000
EMERSON ELECTRIC CO COMMON STOCK 291011104 2,124 32,400 SH   SOLE 0 0 0 32,400
EMPIRE STATE REALTY TRUST-A COMMON STOCK 292104106 177 29,000 SH   SOLE 0 0 0 29,000
EPR PROPERTIES COMMON STOCK 26884U109 264 9,600 SH   SOLE 0 0 0 9,600
EQUINIX INC COMMON STOCK 29444U700 2,508 3,300 SH   SOLE 0 0 0 3,300
EQUITY RESIDENTIAL COMMON STOCK 29476L107 2,107 41,053 SH   SOLE 0 0 0 41,053
ESSENTIAL PROPERTIES REALTY COMMON STOCK 29670E107 568 31,000 SH   SOLE 0 0 0 31,000
ESSEX PROPERTY TRUST INC COMMON STOCK 297178105 1,546 7,700 SH   SOLE 0 0 0 7,700
EXELON CORP COMMON STOCK 30161N101 2,056 57,500 SH   SOLE 0 0 0 57,500
EXPEDITORS INTL WASH INC COMMON STOCK 302130109 2,064 22,800 SH   SOLE 0 0 0 22,800
EXXON MOBIL CORP COMMON STOCK 30231G102 2,952 86,000 SH   SOLE 0 0 0 86,000
F5 NETWORKS INC COMMON STOCK 315616102 1,756 14,300 SH   SOLE 0 0 0 14,300
FACEBOOK INC-A COMMON STOCK 30303M102 9,690 37,000 SH   SOLE 0 0 0 37,000
FIRSTENERGY CORP COMMON STOCK 337932107 1,751 61,000 SH   SOLE 0 0 0 61,000
FISERV INC COMMON STOCK 337738108 2,267 22,000 SH   SOLE 0 0 0 22,000
GAMING AND LEISURE PROPERTIE COMMON STOCK 36467J108 193 5,217 SH   SOLE 0 0 0 5,217
GENERAL MILLS INC COMMON STOCK 370334104 2,282 37,000 SH   SOLE 0 0 0 37,000
GLOBAL MEDICAL REIT INC COMMON STOCK 37954A204 286 21,200 SH   SOLE 0 0 0 21,200
GLOBAL NET LEASE INC COMMON STOCK 379378201 779 48,992 SH   SOLE 0 0 0 48,992
GLOBE LIFE INC COMMON STOCK 37959E102 1,614 20,200 SH   SOLE 0 0 0 20,200
HARTFORD FINANCIAL SVCS GRP COMMON STOCK 416515104 1,253 34,000 SH   SOLE 0 0 0 34,000
HCP INC COMMON STOCK 42250P103 1,303 48,007 SH   SOLE 0 0 0 48,007
HEALTHCARE REALTY TRUST INC COMMON STOCK 421946104 364 12,082 SH   SOLE 0 0 0 12,082
HEALTHCARE TRUST OF AME-CL A COMMON STOCK 42225P501 1,222 47,000 SH   SOLE 0 0 0 47,000
HENRY SCHEIN INC COMMON STOCK 806407102 1,646 28,000 SH   SOLE 0 0 0 28,000
HERSHA HOSPITALITY TRUST COMMON STOCK 427825500 44 8,000 SH   SOLE 0 0 0 8,000
HERSHEY CO/THE COMMON STOCK 427866108 2,064 14,400 SH   SOLE 0 0 0 14,400
HIGHWOODS PROPERTIES INC COMMON STOCK 431284108 634 18,898 SH   SOLE 0 0 0 18,898
HOME DEPOT INC COMMON STOCK 437076102 5,526 19,900 SH   SOLE 0 0 0 19,900
HOST HOTELS and RESORTS INC COMMON STOCK 44107P104 835 77,343 SH   SOLE 0 0 0 77,343
HP INC COMMON STOCK 40434L105 1,956 103,000 SH   SOLE 0 0 0 103,000
HUDSON PACIFIC PROPERTIES IN COMMON STOCK 444097109 515 23,500 SH   SOLE 0 0 0 23,500
HUMANA INC COMMON STOCK 444859102 2,773 6,700 SH   SOLE 0 0 0 6,700
IDEXX LABORATORIES INC COMMON STOCK 45168D104 2,673 6,800 SH   SOLE 0 0 0 6,800
ILLINOIS TOOL WORKS COMMON STOCK 452308109 2,628 13,600 SH   SOLE 0 0 0 13,600
INDUSTRIAL LOGISTICS PROPERT COMMON STOCK 456237106 1,347 61,572 SH   SOLE 0 0 0 61,572
INNOVATIVE INDUSTRIAL PROPER COMMON STOCK 45781V101 683 5,500 SH   SOLE 0 0 0 5,500
INTL BUSINESS MACHINES CORP COMMON STOCK 459200101 2,957 24,300 SH   SOLE 0 0 0 24,300
INTUIT INC COMMON STOCK 461202103 2,895 8,875 SH   SOLE 0 0 0 8,875
INVITATION HOMES INC COMMON STOCK 46187W107 1,807 64,565 SH   SOLE 0 0 0 64,565
IRON MOUNTAIN INC COMMON STOCK 46284V101 1,058 39,500 SH   SOLE 0 0 0 39,500
KELLOGG CO COMMON STOCK 487836108 1,809 28,000 SH   SOLE 0 0 0 28,000
KENNEDY-WILSON HOLDINGS INC COMMON STOCK 489398107 196 13,509 SH   SOLE 0 0 0 13,509
KILROY REALTY CORP COMMON STOCK 49427F108 338 6,500 SH   SOLE 0 0 0 6,500
KIMBERLY-CLARK CORP COMMON STOCK 494368103 2,451 16,600 SH   SOLE 0 0 0 16,600
KIMCO REALTY CORP COMMON STOCK 49446R109 116 10,295 SH   SOLE 0 0 0 10,295
KITE REALTY GROUP TRUST COMMON STOCK 49803T300 201 17,400 SH   SOLE 0 0 0 17,400
KROGER CO COMMON STOCK 501044101 1,967 58,000 SH   SOLE 0 0 0 58,000
LAM RESEARCH CORP COMMON STOCK 512807108 2,654 8,000 SH   SOLE 0 0 0 8,000
LENNOX INTERNATIONAL INC COMMON STOCK 526107107 2,072 7,600 SH   SOLE 0 0 0 7,600
LEXINGTON REALTY TRUST COMMON STOCK 529043101 972 93,000 SH   SOLE 0 0 0 93,000
LOEWS CORP COMMON STOCK 540424108 1,275 36,700 SH   SOLE 0 0 0 36,700
LOWE'S COS INC COMMON STOCK 548661107 3,947 23,800 SH   SOLE 0 0 0 23,800
Life Storage Inc COMMON STOCK 53223X107 842 8,000 SH   SOLE 0 0 0 8,000
MACERICH CO/THE COMMON STOCK 554382101 59 8,692 SH   SOLE 0 0 0 8,692
MACK-CALI REALTY CORP COMMON STOCK 554489104 76 6,000 SH   SOLE 0 0 0 6,000
MANPOWERGROUP INC COMMON STOCK 56418H100 1,247 17,000 SH   SOLE 0 0 0 17,000
MARSH and MCLENNAN COS COMMON STOCK 571748102 2,604 22,700 SH   SOLE 0 0 0 22,700
MASCO CORP COMMON STOCK 574599106 2,051 37,200 SH   SOLE 0 0 0 37,200
MASTERCARD INC - A COMMON STOCK 57636Q104 5,546 16,400 SH   SOLE 0 0 0 16,400
MCDONALD'S CORP COMMON STOCK 580135101 3,885 17,700 SH   SOLE 0 0 0 17,700
MCKESSON CORP COMMON STOCK 58155Q103 1,936 13,000 SH   SOLE 0 0 0 13,000
MEDICAL PROPERTIES TRUST INC COMMON STOCK 58463J304 1,340 76,000 SH   SOLE 0 0 0 76,000
MERCK and CO. INC. COMMON STOCK 58933Y105 4,313 52,000 SH   SOLE 0 0 0 52,000
METTLER-TOLEDO INTERNATIONAL COMMON STOCK 592688105 2,289 2,370 SH   SOLE 0 0 0 2,370
MICROSOFT CORP COMMON STOCK 594918104 12,702 60,390 SH   SOLE 0 0 0 60,390
MID-AMERICA APARTMENT COMM COMMON STOCK 59522J103 1,710 14,750 SH   SOLE 0 0 0 14,750
MONDELEZ INTERNATIONAL INC-A COMMON STOCK 609207105 2,873 50,000 SH   SOLE 0 0 0 50,000
MONMOUTH REAL ESTATE INV COR COMMON STOCK 609720107 789 57,000 SH   SOLE 0 0 0 57,000
MONSTER BEVERAGE CORP COMMON STOCK 61174X109 2,422 30,200 SH   SOLE 0 0 0 30,200
MOTOROLA SOLUTIONS INC COMMON STOCK 620076307 2,117 13,500 SH   SOLE 0 0 0 13,500
NATL HEALTH INVESTORS INC COMMON STOCK 63633D104 868 14,400 SH   SOLE 0 0 0 14,400
NEW SENIOR INVESTMENT GROUP COMMON STOCK 648691103 147 36,863 SH   SOLE 0 0 0 36,863
NEW YORK REIT INC liquidation shs COMMON STOCK 64976L208 0 2,200 SH   SOLE 0 0 0 2,200
O'REILLY AUTOMOTIVE INC COMMON STOCK 67103H107 2,444 5,300 SH   SOLE 0 0 0 5,300
OFFICE PROPERTIES INCOME TRUST COMMON STOCK 67623C109 263 12,714 SH   SOLE 0 0 0 12,714
OMEGA HEALTHCARE INVESTORS COMMON STOCK 681936100 1,228 41,000 SH   SOLE 0 0 0 41,000
OMNICOM GROUP COMMON STOCK 681919106 1,470 29,700 SH   SOLE 0 0 0 29,700
PARK HOTELS and RESORTS INC COMMON STOCK 700517105 91 9,106 SH   SOLE 0 0 0 9,106
PAYCHEX INC COMMON STOCK 704326107 2,246 28,150 SH   SOLE 0 0 0 28,150
PEBBLEBROOK HOTEL TRUST COMMON STOCK 70509V100 80 6,355 SH   SOLE 0 0 0 6,355
PEOPLE'S UNITED FINANCIAL COMMON STOCK 712704105 1,237 120,000 SH   SOLE 0 0 0 120,000
PEPSICO INC COMMON STOCK 713448108 4,255 30,700 SH   SOLE 0 0 0 30,700
PFIZER INC COMMON STOCK 717081103 4,298 117,100 SH   SOLE 0 0 0 117,100
PHYSICIANS REALTY TRUST COMMON STOCK 71943U104 913 51,000 SH   SOLE 0 0 0 51,000
PINNACLE WEST CAPITAL COMMON STOCK 723484101 1,640 22,000 SH   SOLE 0 0 0 22,000
PPG INDUSTRIES INC COMMON STOCK 693506107 2,197 18,000 SH   SOLE 0 0 0 18,000
PPL CORP COMMON STOCK 69351T106 1,842 67,700 SH   SOLE 0 0 0 67,700
PREFERRED APARTMENT COMMUN-A COMMON STOCK 74039L103 335 62,000 SH   SOLE 0 0 0 62,000
PROLOGIS INC COMMON STOCK 74340W103 6,105 60,672 SH   SOLE 0 0 0 60,672
PUBLIC SERVICE ENTERPRISE GP COMMON STOCK 744573106 2,131 38,800 SH   SOLE 0 0 0 38,800
PUBLIC STORAGE COMMON STOCK 74460D109 2,520 11,313 SH   SOLE 0 0 0 11,313
QTS REALTY TRUST INC-CL A COMMON STOCK 74736A103 221 3,500 SH   SOLE 0 0 0 3,500
QUEST DIAGNOSTICS INC COMMON STOCK 74834L100 2,061 18,000 SH   SOLE 0 0 0 18,000
REGENCY CENTERS CORP COMMON STOCK 758849103 1,236 32,500 SH   SOLE 0 0 0 32,500
REINSURANCE GROUP OF AMERICA COMMON STOCK 759351604 1,428 15,000 SH   SOLE 0 0 0 15,000
RETAIL VALUE INC COMMON STOCK 76133Q102 1 102 SH   SOLE 0 0 0 102
RLJ LODGING TRUST COMMON STOCK 74965L101 249 28,800 SH   SOLE 0 0 0 28,800
ROBERT HALF INTL INC COMMON STOCK 770323103 1,636 30,900 SH   SOLE 0 0 0 30,900
ROSS STORES INC COMMON STOCK 778296103 2,034 21,800 SH   SOLE 0 0 0 21,800
SandP GLOBAL INC COMMON STOCK 78409V104 3,209 8,900 SH   SOLE 0 0 0 8,900
SABRA HEALTH CARE REIT INC COMMON STOCK 78573L106 853 61,874 SH   SOLE 0 0 0 61,874
SEI INVESTMENTS COMPANY COMMON STOCK 784117103 1,623 32,000 SH   SOLE 0 0 0 32,000
SERVICE PROPERTIES TRUST COMMON STOCK 44106M102 161 20,266 SH   SOLE 0 0 0 20,266
SHERWIN-WILLIAMS CO/THE COMMON STOCK 824348106 2,682 3,850 SH   SOLE 0 0 0 3,850
SIMON PROPERTY GROUP INC COMMON STOCK 828806109 1,391 21,500 SH   SOLE 0 0 0 21,500
SIMON PROPERTY GROUP INC COMMON STOCK 828806109 1,766 27,306 SH   SOLE 0 0 0 27,306
SL GREEN REALTY CORP COMMON STOCK 78440X101 1,141 24,600 SH   SOLE 0 0 0 24,600
SL GREEN REALTY CORP COMMON STOCK 78440X101 429 9,257 SH   SOLE 0 0 0 9,257
SNAP-ON INC COMMON STOCK 833034101 1,471 10,000 SH   SOLE 0 0 0 10,000
SPIRIT REALTY CAPITAL INC COMMON STOCK 84860W300 992 29,400 SH   SOLE 0 0 0 29,400
STAG INDUSTRIAL INC COMMON STOCK 85254J102 1,118 36,663 SH   SOLE 0 0 0 36,663
STARBUCKS CORP COMMON STOCK 855244109 3,050 35,500 SH   SOLE 0 0 0 35,500
STORE CAPITAL CORP COMMON STOCK 862121100 1,152 42,000 SH   SOLE 0 0 0 42,000
STRYKER CORP COMMON STOCK 863667101 2,709 13,000 SH   SOLE 0 0 0 13,000
SUMMIT HOTEL PROPERTIES INC COMMON STOCK 866082100 97 18,700 SH   SOLE 0 0 0 18,700
SYSCO CORP COMMON STOCK 871829107 2,003 32,200 SH   SOLE 0 0 0 32,200
TANGER FACTORY OUTLET CENTER COMMON STOCK 875465106 172 28,500 SH   SOLE 0 0 0 28,500
TARGET CORP COMMON STOCK 87612E106 3,148 20,000 SH   SOLE 0 0 0 20,000
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 3,484 24,400 SH   SOLE 0 0 0 24,400
TJX COMPANIES INC COMMON STOCK 872540109 2,560 46,000 SH   SOLE 0 0 0 46,000
TRACTOR SUPPLY COMPANY COMMON STOCK 892356106 2,508 17,500 SH   SOLE 0 0 0 17,500
TRAVELERS COS INC/THE COMMON STOCK 89417E109 1,612 14,900 SH   SOLE 0 0 0 14,900
UDR INC COMMON STOCK 902653104 1,317 40,388 SH   SOLE 0 0 0 40,388
UMH PROPERTIES INC COMMON STOCK 903002103 690 50,926 SH   SOLE 0 0 0 50,926
UNITEDHEALTH GROUP INC COMMON STOCK 91324P102 5,362 17,200 SH   SOLE 0 0 0 17,200
URSTADT BIDDLE - CLASS A COMMON STOCK 917286205 156 17,000 SH   SOLE 0 0 0 17,000
US BANCORP COMMON STOCK 902973304 1,771 49,400 SH   SOLE 0 0 0 49,400
VENTAS INC COMMON STOCK 92276F100 1,580 37,662 SH   SOLE 0 0 0 37,662
VENTAS INC COMMON STOCK 92276F100 1,729 41,200 SH   SOLE 0 0 0 41,200
VEREIT INC COMMON STOCK 92339V100 1,237 190,242 SH   SOLE 0 0 0 190,242
VEREIT INC COMMON STOCK 92339V100 1,515 233,000 SH   SOLE 0 0 0 233,000
VERIZON COMMUNICATIONS INC COMMON STOCK 92343V104 4,789 80,500 SH   SOLE 0 0 0 80,500
VISA INC-CLASS A SHARES COMMON STOCK 92826C839 5,779 28,900 SH   SOLE 0 0 0 28,900
VORNADO REALTY TRUST COMMON STOCK 929042109 379 11,237 SH   SOLE 0 0 0 11,237
VORNADO REALTY TRUST COMMON STOCK 929042109 1,102 32,700 SH   SOLE 0 0 0 32,700
WASHINGTON REIT COMMON STOCK 939653101 282 14,000 SH   SOLE 0 0 0 14,000
WASTE MANAGEMENT INC COMMON STOCK 94106L109 2,354 20,800 SH   SOLE 0 0 0 20,800
WELLTOWER INC COMMON STOCK 95040Q104 2,053 37,259 SH   SOLE 0 0 0 37,259
WESTERN UNION CO COMMON STOCK 959802109 1,622 75,700 SH   SOLE 0 0 0 75,700
WP CAREY INC COMMON STOCK 92936U109 1,075 16,500 SH   SOLE 0 0 0 16,500
WW GRAINGER INC COMMON STOCK 384802104 2,069 5,800 SH   SOLE 0 0 0 5,800
YUM! BRANDS INC COMMON STOCK 988498101 1,808 19,800 SH   SOLE 0 0 0 19,800
ZOETIS INC COMMON STOCK 98978V103 3,059 18,500 SH   SOLE 0 0 0 18,500