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
ALLERGAN PLC SHS G0177J108 35,367 148,030 SH   DFND 1 148,030 0 0
AON PLC SHS CL A G0408V102 16,617 140,000 SH   DFND 1 140,000 0 0
ARRIS INTERNATIONAL LTD COM USD0.01 SHS G0551A103 12,617 477,000 SH   DFND 1 477,000 0 0
COCA-COLA EUROPEAN PARTNERS SHS G25839104 10,101 268,000 SH   DFND 1 268,000 0 0
INGERSOLL-RAND PLC COM STK SHS G47791101 23,729 291,800 SH   DFND 1 291,800 0 0
WEATHERFORD INTERNATIONAL PLC ORD SHS G48833100 12,924 1,943,400 SH   DFND 1 1,943,400 0 0
INVESCO LTD SHS G491BT108 11,211 366,000 SH   DFND 1 366,000 0 0
LAZARD LTD SHS A G54050102 25,744 559,784 SH   DFND 1 559,784 0 0
NIELSEN HOLDINGS PLC SHS EUR G6518L108 14,459 350,000 SH   DFND 1 350,000 0 0
TE CONNECTIVITY LTD REG SHS H84989104 12,070 161,900 SH   DFND 1 161,900 0 0
MYLAN NV SHS EURO N59465109 15,549 398,800 SH   DFND 1 398,800 0 0
SENSATA TECHNOLOGIES HLDG NV SHS N7902X106 9,852 225,600 SH   DFND 1 225,600 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 18,150 185,000 SH   DFND 1 185,000 0 0
BROADCOM LTD SHS Y09827109 15,480 70,700 SH   DFND 1 70,700 0 0
FLEX LTD ORD Y2573F102 14,739 877,300 SH   DFND 1 877,300 0 0
ABBOTT LAB COM 002824100 35,591 801,426 SH   DFND 1 801,426 0 0
ACTIVISION BLIZZARD INC COM 00507V109 14,016 281,100 SH   DFND 1 281,100 0 0
AECOM COM 00766T100 25,653 720,800 SH   DFND 1 720,800 0 0
AETNA INC COM 00817Y108 22,004 172,512 SH   DFND 1 172,512 0 0
AFFILIATED MANAGERS GROUP INC COM 008252108 23,861 145,550 SH   DFND 1 145,550 0 0
AGRIUM INC COM 008916108 12,250 128,200 SH   DFND 1 128,200 0 0
ALEXANDRIA REAL ESTATE EQUITIES INC COM 015271109 2,372 21,465 SH   DFND 1 21,465 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 22,951 189,300 SH   DFND 1 189,300 0 0
ALLIANCE DATA SYS CORP COM 018581108 12,350 49,600 SH   DFND 1 49,600 0 0
ALPHABET INC CAP STK CL A 02079K305 85,980 101,415 SH   DFND 1 101,415 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 2,715 57,045 SH   DFND 1 57,045 0 0
AMERICAN HOMES 4 RENT COM 02665T306 2,008 87,450 SH   DFND 1 87,450 0 0
AMERIPRISE FINL INC COM 03076C106 24,976 192,600 SH   DFND 1 192,600 0 0
AMETEK INC NEW COM 031100100 23,550 435,458 SH   DFND 1 435,458 0 0
ANADARKO PETRO CORP COM 032511107 19,474 314,100 SH   DFND 1 314,100 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 2,629 59,280 SH   DFND 1 59,280 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 10,870 446,955 SH   DFND 1 446,955 0 0
APPLE INC COM 037833100 93,609 651,600 SH   DFND 1 651,600 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 14,480 465,000 SH   DFND 1 465,000 0 0
AUTOZONE INC COM 053332102 28,705 39,700 SH   DFND 1 39,700 0 0
AVALONBAY CMNTYS INC COM 053484101 6,192 33,725 SH   DFND 1 33,725 0 0
BANK OF AMERICA CORP COM 060505104 47,263 2,003,500 SH   DFND 1 2,003,500 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 13,451 80,700 SH   DFND 1 80,700 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 36,650 1,234,000 SH   DFND 1 1,234,000 0 0
BOSTON PROPERTIES INC COM 101121101 5,333 40,275 SH   DFND 1 40,275 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 1,835 113,060 SH   DFND 1 113,060 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 35,733 657,100 SH   DFND 1 657,100 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 2,667 124,300 SH   DFND 1 124,300 0 0
CF INDS HLDGS INC COM 125269100 7,035 239,700 SH   DFND 1 239,700 0 0
CMS ENERGY CORP COM 125896100 5,593 125,000 SH   DFND 1 125,000 0 0
CVS HEALTH CORP COM 126650100 64,943 827,300 SH   DFND 1 827,300 0 0
CANADIAN PAC RY LTD COM 13645T100 19,100 130,000 SH   DFND 1 130,000 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 6,874 430,965 SH   DFND 1 430,965 0 0
CELGENE CORP COM 151020104 31,468 252,900 SH   DFND 1 252,900 0 0
CENTENE CORP DEL COM 15135B101 15,157 212,700 SH   DFND 1 212,700 0 0
CHEVRON CORP COM 166764100 58,076 540,900 SH   DFND 1 540,900 0 0
CIMAREX ENERGY CO COM 171798101 19,047 159,400 SH   DFND 1 159,400 0 0
CISCO SYSTEMS INC COM 17275R102 10,140 300,000 SH   DFND 1 300,000 0 0
CITIGROUP INC COM NEW 172967424 49,453 826,700 SH   DFND 1 826,700 0 0
COCA COLA CO COM 191216100 12,944 305,000 SH   DFND 1 305,000 0 0
CONOCOPHILLIPS COM 20825C104 27,279 547,000 SH   DFND 1 547,000 0 0
CORECIVIC INC COM 21871N101 1,546 49,210 SH   DFND 1 49,210 0 0
COSTCO WHOLESALE CORP NEW COM 22160K105 42,526 253,600 SH   DFND 1 253,600 0 0
CUBESMART COM 229663109 9,192 354,070 SH   DFND 1 354,070 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 11,008 800,000 SH   DFND 1 800,000 0 0
CYRUSONE INC COM 23283R100 2,294 44,575 SH   DFND 1 44,575 0 0
DCT INDL TR INC COM 233153204 2,439 50,685 SH   DFND 1 50,685 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 21,872 475,900 SH   DFND 1 475,900 0 0
DIGITAL RLTY TR INC COM 253868103 4,891 45,976 SH   DFND 1 45,976 0 0
DISCOVER FINL SVCS COM 254709108 18,178 265,800 SH   DFND 1 265,800 0 0
DOW CHEMICAL CO COM 260543103 9,531 150,000 SH   DFND 1 150,000 0 0
DUKE RLTY CORP COM NEW 264411505 3,168 120,585 SH   DFND 1 120,585 0 0
DUKE ENERGY CORP NEW COM NEW COM NEW COM 26441C204 10,661 130,000 SH   DFND 1 130,000 0 0
DUPONT FABROS TECHNOLOGY INC COM 26613Q106 1,954 39,400 SH   DFND 1 39,400 0 0
EOG RESOURCES INC COM 26875P101 18,798 192,700 SH   DFND 1 192,700 0 0
EPR PPTYS COM SH BEN INT 26884U109 2,243 30,460 SH   DFND 1 30,460 0 0
EASTMAN KODAK CO *W EXP 09/03/201 277461133 0 13 SH   DFND 1 13 0 0
EASTMAN KODAK CO *W EXP 09/03/201 277461141 0 13 SH   DFND 1 13 0 0
ELECTR ARTS COM COM 285512109 13,876 155,000 SH   DFND 1 155,000 0 0
ENVISION HEALTHCARE CORP COM 29414D100 23,418 381,900 SH   DFND 1 381,900 0 0
EQUINIX INC COM PAR $0.001 29444U700 7,292 18,214 SH   DFND 1 18,214 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 2,410 31,270 SH   DFND 1 31,270 0 0
EQTY RESDNTL EFF 5/15/02 COM 29476L107 14,947 240,226 SH   DFND 1 240,226 0 0
ESSEX PPTY TR COM 297178105 3,931 16,980 SH   DFND 1 16,980 0 0
EVERSOURCE ENERGY COM 30040W108 11,815 201,000 SH   DFND 1 201,000 0 0
EXELON CORP COM 30161N101 12,550 348,800 SH   DFND 1 348,800 0 0
EXTRA SPACE STORAGE INC COM 30225T102 2,253 30,280 SH   DFND 1 30,280 0 0
EXXON MOBIL CORP COM 30231G102 19,658 239,700 SH   DFND 1 239,700 0 0
FACEBOOK INC CL A 30303M102 41,592 292,800 SH   DFND 1 292,800 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 2,476 18,550 SH   DFND 1 18,550 0 0
FIDELITY NATL INFORMATION SVCS INC COM 31620M106 12,612 158,400 SH   DFND 1 158,400 0 0
FIREEYE INC COM 31816Q101 9,599 761,200 SH   DFND 1 761,200 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 18,050 119,200 SH   DFND 1 119,200 0 0
GGP INC COM 36174X101 3,763 162,350 SH   DFND 1 162,350 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 2,867 85,775 SH   DFND 1 85,775 0 0
GENERAL DYNAMICS CORP COM 369550108 23,063 123,200 SH   DFND 1 123,200 0 0
GENERAL ELECTRIC CO COM 369604103 14,948 501,600 SH   DFND 1 501,600 0 0
GENERAL MILLS INC COM 370334104 26,082 442,000 SH   DFND 1 442,000 0 0
GLOBAL PMTS INC COM 37940X102 16,943 210,000 SH   DFND 1 210,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 28,141 122,500 SH   DFND 1 122,500 0 0
HCP INC COM 40414L109 4,239 135,506 SH   DFND 1 135,506 0 0
HD SUPPLY HLDGS INC COM 40416M105 20,826 506,400 SH   DFND 1 506,400 0 0
HP INC COM 40434L105 10,728 600,000 SH   DFND 1 600,000 0 0
HEALTHCARE RLTY TR COM 421946104 2,401 73,868 SH   DFND 1 73,868 0 0
HELMERICH & PAYNE INC COM 423452101 15,644 235,000 SH   DFND 1 235,000 0 0
HEMISPHERE MEDIA GROUP INC CL A 42365Q103 10,938 930,913 SH   DFND 1 930,913 0 0
HIGHWOODS PPTYS INC COM 431284108 2,336 47,550 SH   DFND 1 47,550 0 0
HOME DEPOT INC COM 437076102 37,256 253,736 SH   DFND 1 253,736 0 0
HOST HOTELS & RESORTS INC COM 44107P104 3,498 187,450 SH   DFND 1 187,450 0 0
HUDSON PACIFIC PROPERTIES INC COM 444097109 2,295 66,240 SH   DFND 1 66,240 0 0
INTEL CORP COM 458140100 7,214 200,000 SH   DFND 1 200,000 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104 29,893 499,300 SH   DFND 1 499,300 0 0
INTL PAPER CO COM 460146103 25,009 492,500 SH   DFND 1 492,500 0 0
INTUIT COM 461202103 16,401 141,400 SH   DFND 1 141,400 0 0
IRON MTN INC NEW COM 46284V101 3,021 84,700 SH   DFND 1 84,700 0 0
KKR & CO L P DEL COM UNITS 48248M102 13,053 716,000 SH   DFND 1 716,000 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 17,907 208,800 SH   DFND 1 208,800 0 0
KELLOGG CO COM 487836108 7,261 100,000 SH   DFND 1 100,000 0 0
KILROY RLTY CORP COM 49427F108 2,781 38,580 SH   DFND 1 38,580 0 0
KIMCO RLTY CORP COM 49446R109 2,811 127,240 SH   DFND 1 127,240 0 0
KIRBY CORP COM 497266106 11,253 159,500 SH   DFND 1 159,500 0 0
KROGER CO COM 501044101 21,377 724,900 SH   DFND 1 724,900 0 0
L BRANDS INC COM 501797104 31,180 662,001 SH   DFND 1 662,001 0 0
LKQ CORP COM 501889208 13,060 446,200 SH   DFND 1 446,200 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 1,718 22,985 SH   DFND 1 22,985 0 0
LAS VEGAS SANDS CORP COM 517834107 22,828 400,000 SH   DFND 1 400,000 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 1,544 53,335 SH   DFND 1 53,335 0 0
ESTEE LAUDER COMPANIES INC CL A 518439104 19,570 230,800 SH   DFND 1 230,800 0 0
LILLY ELI & CO COM 532457108 29,691 353,000 SH   DFND 1 353,000 0 0
LOWES COS INC COM 548661107 52,080 633,500 SH   DFND 1 633,500 0 0
MACERICH CO COM 554382101 903 14,025 SH   DFND 1 14,025 0 0
MASTERCARD INCORPORATED CL A 57636Q104 31,638 281,300 SH   DFND 1 281,300 0 0
MERCK & CO INC COM 58933Y105 33,428 526,100 SH   DFND 1 526,100 0 0
MICROSOFT CORP COM 594918104 64,437 978,400 SH   DFND 1 978,400 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 25,498 345,600 SH   DFND 1 345,600 0 0
MID-AMER APT CMNTYS INC COM 59522J103 3,083 30,300 SH   DFND 1 30,300 0 0
MONDELEZ INTL INC COM 609207105 16,034 372,200 SH   DFND 1 372,200 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 2,450 56,160 SH   DFND 1 56,160 0 0
NIKE INC CL B 654106103 19,081 342,388 SH   DFND 1 342,388 0 0
NOVARTIS A G SPONSORED ADR 66987V109 11,883 160,000 SH   DFND 1 160,000 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 22,480 354,800 SH   DFND 1 354,800 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 18,757 156,000 SH   DFND 1 156,000 0 0
PPG IND INC COM 693506107 20,301 193,200 SH   DFND 1 193,200 0 0
PEPSICO INC COM 713448108 23,211 207,500 SH   DFND 1 207,500 0 0
PERKINELMER INC COM 714046109 13,191 227,200 SH   DFND 1 227,200 0 0
PFIZER INC COM 717081103 7,697 225,000 SH   DFND 1 225,000 0 0
PHILIP MORRIS INTL INC COM 718172109 7,790 69,000 SH   DFND 1 69,000 0 0
PRAXAIR INC COM 74005P104 14,078 118,700 SH   DFND 1 118,700 0 0
T ROWE PRICE GROUP INC COM 74144T108 8,382 123,000 SH   DFND 1 123,000 0 0
PROLOGIS INC COM 74340W103 7,570 145,915 SH   DFND 1 145,915 0 0
PUB STORAGE COM 74460D109 6,221 28,420 SH   DFND 1 28,420 0 0
RANGE RES CORP COM 75281A109 12,696 436,300 SH   DFND 1 436,300 0 0
REALTY INCOME CORP COM 756109104 4,492 75,460 SH   DFND 1 75,460 0 0
REGENCY CTRS CORP COM 758849103 3,835 57,767 SH   DFND 1 57,767 0 0
REGENERON PHARMACEUTICALS INC COM 75886F107 12,788 33,000 SH   DFND 1 33,000 0 0
REXFORD INDL RLTY INC COM 76169C100 1,603 71,190 SH   DFND 1 71,190 0 0
ROPER TECHNOLOGIES INC COM 776696106 29,982 145,200 SH   DFND 1 145,200 0 0
SL GREEN RLTY CORP COM 78440X101 3,332 31,250 SH   DFND 1 31,250 0 0
SALESFORCE COM INC COM 79466L302 19,798 240,000 SH   DFND 1 240,000 0 0
SCHLUMBERGER LTD COM 806857108 19,431 248,800 SH   DFND 1 248,800 0 0
SIMON PROPERTY GROUP INC COM 828806109 36,589 212,690 SH   DFND 1 212,690 0 0
SOUTHERN CO COM 842587107 11,400 229,000 SH   DFND 1 229,000 0 0
STANLEY BLACK & DECKER INC COM 854502101 13,287 100,000 SH   DFND 1 100,000 0 0
STARBUCKS CORP COM 855244109 36,976 633,262 SH   DFND 1 633,262 0 0
STERICYCLE INC COM 858912108 17,158 207,000 SH   DFND 1 207,000 0 0
SUN COMMUNITIES INC COM 866674104 1,866 23,230 SH   DFND 1 23,230 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 1,651 107,697 SH   DFND 1 107,697 0 0
TJX COS INC NEW COM 872540109 20,822 263,300 SH   DFND 1 263,300 0 0
TARGET CORP COM 87612E106 36,707 665,100 SH   DFND 1 665,100 0 0
THERMO FISHER CORP COM 883556102 28,385 184,800 SH   DFND 1 184,800 0 0
TOLL BROS INC COM 889478103 13,465 372,900 SH   DFND 1 372,900 0 0
TOTAL S A SPONSORED ADR 89151E109 10,084 200,000 SH   DFND 1 200,000 0 0
UNDER ARMOUR INC CL C 904311206 12,490 682,501 SH   DFND 1 682,501 0 0
UNITED PARCEL SVC INC CL B 911312106 43,199 402,600 SH   DFND 1 402,600 0 0
UNITED STATES STL CORP NEW COM 912909108 6,762 200,000 SH   DFND 1 200,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 35,262 215,000 SH   DFND 1 215,000 0 0
URBAN EDGE PPTYS COM 91704F104 1,910 72,620 SH   DFND 1 72,620 0 0
V F CORP COM 918204108 5,222 95,000 SH   DFND 1 95,000 0 0
VENTAS INC COM 92276F100 4,531 69,660 SH   DFND 1 69,660 0 0
VANGUARD INDEX FDS REIT ETF 922908553 42,823 518,500 SH   DFND 1 518,500 0 0
VERIZON COMMUNICATIONS COM 92343V104 32,906 675,000 SH   DFND 1 675,000 0 0
VISA INC COM CL A 92826C839 33,468 376,600 SH   DFND 1 376,600 0 0
VORNADO RLTY TR COM 929042109 4,357 43,440 SH   DFND 1 43,440 0 0
VOYA FINL INC COM 929089100 17,105 450,600 SH   DFND 1 450,600 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 1,803 54,000 SH   DFND 1 54,000 0 0
WELLS FARGO & CO NEW COM 949746101 40,565 728,800 SH   DFND 1 728,800 0 0
WELLTOWER INC COM 95040Q104 6,344 89,585 SH   DFND 1 89,585 0 0