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 7,354 47,659 SH   SOLE 0 0 0 47,659
ABBOTT LABORATORIES COMMON STOCK 002824100 2,812 57,300 SH   SOLE 0 0 0 57,300
ABBVIE INC COMMON STOCK 00287Y109 5,483 81,600 SH   SOLE 0 0 0 81,600
ACCENTURE PLC-CL A COMMON STOCK 000000000 5,289 54,650 SH   SOLE 0 0 0 54,650
AFLAC INC COMMON STOCK 001055102 2,252 36,200 SH   SOLE 0 0 0 36,200
AGILENT TECHNOLOGIES INC COMMON STOCK 00846U101 2,079 53,900 SH   SOLE 0 0 0 53,900
AGREE REALTY CORP COMMON STOCK 008492100 1,597 54,760 SH   SOLE 0 0 0 54,760
AIRGAS INC COMMON STOCK 009363102 2,676 25,300 SH   SOLE 0 0 0 25,300
ALEXANDRIA REAL ESTATE EQUIT COMMON STOCK 015271109 2,816 32,200 SH   SOLE 0 0 0 32,200
ALLERGAN PLC COMMON STOCK 000000000 5,007 16,500 SH   SOLE 0 0 0 16,500
ALTRIA GROUP INC COMMON STOCK 02209S103 3,800 77,700 SH   SOLE 0 0 0 77,700
AMERICAN REALTY CAPITAL PROP COMMON STOCK 02917T104 1,683 207,000 SH   SOLE 0 0 0 207,000
AMERIPRISE FINANCIAL INC COMMON STOCK 03076C106 1,662 13,300 SH   SOLE 0 0 0 13,300
AMGEN INC COMMON STOCK 031162100 7,998 52,100 SH   SOLE 0 0 0 52,100
ANADARKO PETROLEUM CORP COMMON STOCK 032511107 0 0 SH   SOLE 0 0 0 0
APPLE INC COMMON STOCK 037833100 11,890 94,800 SH   SOLE 0 0 0 94,800
APPLIED MATERIALS INC COMMON STOCK 038222105 1,870 97,300 SH   SOLE 0 0 0 97,300
ASSOCIATED ESTATES REALTY CP COMMON STOCK 045604105 1,646 57,500 SH   SOLE 0 0 0 57,500
AVALONBAY COMMUNITIES INC COMMON STOCK 053484101 4,240 26,520 SH   SOLE 0 0 0 26,520
BANK OF AMERICA CORP COMMON STOCK 060505104 2,960 173,900 SH   SOLE 0 0 0 173,900
BANK OF NEW YORK MELLON CORP COMMON STOCK 064058100 2,980 71,000 SH   SOLE 0 0 0 71,000
BAXTER INTERNATIONAL INC COMMON STOCK 071813109 2,182 31,200 SH   SOLE 0 0 0 31,200
BIOGEN IDEC INC COMMON STOCK 09062X103 7,513 18,600 SH   SOLE 0 0 0 18,600
BIOMED REALTY TRUST INC COMMON STOCK 09063H107 2,253 116,500 SH   SOLE 0 0 0 116,500
BORGWARNER INC COMMON STOCK 099724106 1,046 18,400 SH   SOLE 0 0 0 18,400
BOSTON PROPERTIES INC COMMON STOCK 101121101 1,987 16,417 SH   SOLE 0 0 0 16,417
BRANDYWINE REALTY TRUST COMMON STOCK 105368203 1,599 120,400 SH   SOLE 0 0 0 120,400
BRISTOL-MYERS SQUIBB CO COMMON STOCK 110122108 5,836 87,700 SH   SOLE 0 0 0 87,700
CAMDEN PROPERTY TRUST COMMON STOCK 133131102 3,065 41,269 SH   SOLE 0 0 0 41,269
CAMPUS CREST COMMUNITIES INC COMMON STOCK 13466Y105 2,133 385,000 SH   SOLE 0 0 0 385,000
CELGENE CORP COMMON STOCK 151020104 2,893 25,000 SH   SOLE 0 0 0 25,000
CF Industries Holdings INC COMMON STOCK 125269100 3,728 58,000 SH   SOLE 0 0 0 58,000
CHAMBERS STREET PROPERTIES COMMON STOCK 157842105 1,034 130,000 SH   SOLE 0 0 0 130,000
CHESAPEAKE LODGING TRUST COMMON STOCK 165240102 1,570 51,500 SH   SOLE 0 0 0 51,500
CISCO SYSTEMS INC COMMON STOCK 17275R102 4,166 151,700 SH   SOLE 0 0 0 151,700
CITIGROUP INC COMMON STOCK 172967424 6,176 111,800 SH   SOLE 0 0 0 111,800
COACH INC COMMON STOCK 189754101 1,364 39,400 SH   SOLE 0 0 0 39,400
COCA-COLA CO/THE COMMON STOCK 191216100 4,076 103,900 SH   SOLE 0 0 0 103,900
COGNIZANT TECH SOLUTIONS-A COMMON STOCK 192446102 6,207 101,600 SH   SOLE 0 0 0 101,600
COLGATE-PALMOLIVE CO COMMON STOCK 194162103 10,629 162,500 SH   SOLE 0 0 0 162,500
COMCAST CORP-CLASS A COMMON STOCK 20030N101 5,461 91,100 SH   SOLE 0 0 0 91,100
CONOCOPHILLIPS COMMON STOCK 20825C104 2,659 43,300 SH   SOLE 0 0 0 43,300
COSTCO WHOLESALE CORP COMMON STOCK 22160K105 3,174 23,500 SH   SOLE 0 0 0 23,500
CVS HEALTH CORPORATION COMMON STOCK 126650100 6,156 58,700 SH   SOLE 0 0 0 58,700
CYRUSONE INC COMMON STOCK 23283R100 1,849 62,800 SH   SOLE 0 0 0 62,800
DCT INDUSTRIAL TRUST INC COMMON STOCK 233153105 1,258 40,025 SH   SOLE 0 0 0 40,025
DEERE and CO COMMON STOCK 244199105 2,979 30,700 SH   SOLE 0 0 0 30,700
DELPHI AUTOMOTIVE PLC COMMON STOCK 000000000 3,633 42,700 SH   SOLE 0 0 0 42,700
DEVON ENERGY CORPORATION COMMON STOCK 25179M103 1,422 23,900 SH   SOLE 0 0 0 23,900
DIGITAL REALTY TRUST INC COMMON STOCK 253868103 3,807 57,100 SH   SOLE 0 0 0 57,100
DOLLAR TREE INC COMMON STOCK 256746108 3,049 38,600 SH   SOLE 0 0 0 38,600
DU PONT (E.I.) DE NEMOURS COMMON STOCK 263534109 1,580 24,700 SH   SOLE 0 0 0 24,700
DUKE REALTY CORP COMMON STOCK 264411505 2,637 142,024 SH   SOLE 0 0 0 142,024
DUPONT FABROS TECHNOLOGY COMMON STOCK 26613Q106 2,651 90,000 SH   SOLE 0 0 0 90,000
EASTGROUP PROPERTIES INC COMMON STOCK 277276101 2,024 36,000 SH   SOLE 0 0 0 36,000
EASTMAN CHEMICAL CO COMMON STOCK 277432100 3,919 47,900 SH   SOLE 0 0 0 47,900
EBAY INC COMMON STOCK 278642103 2,958 49,100 SH   SOLE 0 0 0 49,100
ECOLAB INC COMMON STOCK 278865100 2,962 26,200 SH   SOLE 0 0 0 26,200
ELI LILLY and CO COMMON STOCK 532457108 5,168 61,900 SH   SOLE 0 0 0 61,900
EMC CORP/MA COMMON STOCK 268648102 1,327 50,300 SH   SOLE 0 0 0 50,300
EMERSON ELECTRIC CO COMMON STOCK 291011104 1,158 20,900 SH   SOLE 0 0 0 20,900
EPR PROPERTIES COMMON STOCK 26884U109 2,618 47,800 SH   SOLE 0 0 0 47,800
EQUITY LIFESTYLE PROPERTIES COMMON STOCK 29472R108 2,524 48,000 SH   SOLE 0 0 0 48,000
EQUITY RESIDENTIAL COMMON STOCK 29476L107 3,288 46,856 SH   SOLE 0 0 0 46,856
ESSEX PROPERTY TRUST INC COMMON STOCK 297178105 1,063 5,000 SH   SOLE 0 0 0 5,000
ESTEE LAUDER COMPANIES-CL A COMMON STOCK 518439104 3,362 38,800 SH   SOLE 0 0 0 38,800
EXXON MOBIL CORP COMMON STOCK 30231G102 8,644 103,900 SH   SOLE 0 0 0 103,900
FMC CORP COMMON STOCK 302491303 4,982 94,800 SH   SOLE 0 0 0 94,800
FOSSIL GROUP INC COMMON STOCK 34988V106 1,380 19,900 SH   SOLE 0 0 0 19,900
FRANKLIN RESOURCES INC COMMON STOCK 354613101 2,255 46,000 SH   SOLE 0 0 0 46,000
GAMING AND LEISURE PROPERTIE COMMON STOCK 36467J108 2,346 64,000 SH   SOLE 0 0 0 64,000
GENERAL ELECTRIC CO COMMON STOCK 369604103 10,437 392,800 SH   SOLE 0 0 0 392,800
GENERAL GROWTH PROPERTIES COMMON STOCK 370023103 1,681 65,500 SH   SOLE 0 0 0 65,500
GENERAL MILLS INC COMMON STOCK 370334104 4,179 75,000 SH   SOLE 0 0 0 75,000
GILEAD SCIENCES INC COMMON STOCK 375558103 9,554 81,600 SH   SOLE 0 0 0 81,600
GOOGLE INC-CL A COMMON STOCK 38259P508 5,136 9,510 SH   SOLE 0 0 0 9,510
GOOGLE INC-CL C COMMON STOCK 38259P706 4,965 9,538 SH   SOLE 0 0 0 9,538
HALLIBURTON CO COMMON STOCK 406216101 2,589 60,100 SH   SOLE 0 0 0 60,100
HCP INC COMMON STOCK 40414L109 4,617 126,593 SH   SOLE 0 0 0 126,593
HEALTH CARE REIT INC COMMON STOCK 42217K106 2,097 31,953 SH   SOLE 0 0 0 31,953
HEALTHCARE REALTY TRUST INC COMMON STOCK 421946104 644 27,682 SH   SOLE 0 0 0 27,682
HERSHEY CO/THE COMMON STOCK 427866108 3,331 37,500 SH   SOLE 0 0 0 37,500
HESS CORP COMMON STOCK 42809H107 4,708 70,400 SH   SOLE 0 0 0 70,400
HIGHWOODS PROPERTIES INC COMMON STOCK 431284108 1,231 30,802 SH   SOLE 0 0 0 30,802
HOME DEPOT INC COMMON STOCK 437076102 8,346 75,100 SH   SOLE 0 0 0 75,100
HOME PROPERTIES INC COMMON STOCK 437306103 3,989 54,600 SH   SOLE 0 0 0 54,600
HOSPITALITY PROPERTIES TRUST COMMON STOCK 44106M102 2,635 91,434 SH   SOLE 0 0 0 91,434
HOST HOTELS and RESORTS INC COMMON STOCK 44107P104 2,994 150,998 SH   SOLE 0 0 0 150,998
INLAND REAL ESTATE CORP COMMON STOCK 457461200 2,002 212,500 SH   SOLE 0 0 0 212,500
INTEL CORP COMMON STOCK 458140100 5,143 169,100 SH   SOLE 0 0 0 169,100
INTL BUSINESS MACHINES CORP COMMON STOCK 459200101 7,206 44,300 SH   SOLE 0 0 0 44,300
JOHNSON and JOHNSON COMMON STOCK 478160104 10,233 105,000 SH   SOLE 0 0 0 105,000
JPMORGAN CHASE and CO COMMON STOCK 46625H100 11,702 172,700 SH   SOLE 0 0 0 172,700
KELLOGG CO COMMON STOCK 487836108 3,680 58,700 SH   SOLE 0 0 0 58,700
KIMBERLY-CLARK CORP COMMON STOCK 494368103 3,349 31,600 SH   SOLE 0 0 0 31,600
KIMCO REALTY CORP COMMON STOCK 49446R109 1,865 82,731 SH   SOLE 0 0 0 82,731
KRAFT FOODS GROUP INC COMMON STOCK 50076Q106 4,202 49,350 SH   SOLE 0 0 0 49,350
KROGER CO COMMON STOCK 501044101 6,417 88,500 SH   SOLE 0 0 0 88,500
LASALLE HOTEL PROPERTIES COMMON STOCK 517942108 695 19,600 SH   SOLE 0 0 0 19,600
LIBERTY PROPERTY TRUST COMMON STOCK 531172104 1,904 59,096 SH   SOLE 0 0 0 59,096
MACERICH CO/THE COMMON STOCK 554382101 2,388 32,007 SH   SOLE 0 0 0 32,007
MARSH and MCLENNAN COS COMMON STOCK 571748102 4,026 71,000 SH   SOLE 0 0 0 71,000
MCCORMICK and CO-NON VTG SHRS COMMON STOCK 579780206 4,290 53,000 SH   SOLE 0 0 0 53,000
MCDONALD'S CORP COMMON STOCK 580135101 5,314 55,900 SH   SOLE 0 0 0 55,900
MCKESSON CORP COMMON STOCK 58155Q103 2,833 12,600 SH   SOLE 0 0 0 12,600
MEAD JOHNSON NUTRITION CO COMMON STOCK 582839106 5,052 56,000 SH   SOLE 0 0 0 56,000
MEADWESTVACO CORP COMMON STOCK 583334107 1,619 34,300 SH   SOLE 0 0 0 34,300
MERCK and CO. INC. COMMON STOCK 58933Y105 9,251 162,500 SH   SOLE 0 0 0 162,500
METLIFE INC COMMON STOCK 59156R108 4,070 72,700 SH   SOLE 0 0 0 72,700
MICROSOFT CORP COMMON STOCK 594918104 6,698 151,700 SH   SOLE 0 0 0 151,700
MID-AMERICA APARTMENT COMM COMMON STOCK 59522J103 3,859 53,000 SH   SOLE 0 0 0 53,000
MONSANTO CO COMMON STOCK 61166W101 3,080 28,900 SH   SOLE 0 0 0 28,900
MOSAIC CO/THE COMMON STOCK 61945C103 1,059 22,600 SH   SOLE 0 0 0 22,600
NATIONAL OILWELL VARCO INC COMMON STOCK 637071101 2,400 49,700 SH   SOLE 0 0 0 49,700
NEXTERA ENERGY INC COMMON STOCK 65339F101 4,245 43,300 SH   SOLE 0 0 0 43,300
NOBLE ENERGY INC COMMON STOCK 655044105 1,579 37,000 SH   SOLE 0 0 0 37,000
NORFOLK SOUTHERN CORP COMMON STOCK 655844108 2,132 24,400 SH   SOLE 0 0 0 24,400
NU SKIN ENTERPRISES INC - A COMMON STOCK 67018T105 1,211 25,700 SH   SOLE 0 0 0 25,700
OCCIDENTAL PETROLEUM CORP COMMON STOCK 674599105 5,164 66,400 SH   SOLE 0 0 0 66,400
ORACLE CORP COMMON STOCK 68389X105 7,713 191,400 SH   SOLE 0 0 0 191,400
PEPSICO INC COMMON STOCK 713448108 7,757 83,100 SH   SOLE 0 0 0 83,100
PFIZER INC COMMON STOCK 717081103 7,752 231,200 SH   SOLE 0 0 0 231,200
PHILIP MORRIS INTERNATIONAL COMMON STOCK 718172109 6,229 77,700 SH   SOLE 0 0 0 77,700
PHYSICIANS REALTY TRUST COMMON STOCK 71943U104 1,244 81,000 SH   SOLE 0 0 0 81,000
PNC FINANCIAL SERVICES GROUP COMMON STOCK 693475105 1,884 19,700 SH   SOLE 0 0 0 19,700
PRAXAIR INC COMMON STOCK 74005P104 2,809 23,500 SH   SOLE 0 0 0 23,500
PRECISION CASTPARTS CORP COMMON STOCK 740189105 3,582 17,920 SH   SOLE 0 0 0 17,920
PRICELINE GROUP INC/THE COMMON STOCK 741503403 2,867 2,490 SH   SOLE 0 0 0 2,490
PROCTER and GAMBLE CO/THE COMMON STOCK 742718109 7,417 94,800 SH   SOLE 0 0 0 94,800
PUBLIC STORAGE COMMON STOCK 74460D109 4,660 25,274 SH   SOLE 0 0 0 25,274
QUALCOMM INC COMMON STOCK 747525103 6,332 101,100 SH   SOLE 0 0 0 101,100
QUANTA SERVICES INC COMMON STOCK 74762E102 5,153 178,800 SH   SOLE 0 0 0 178,800
RETAIL OPPORTUNITY INVESTMEN COMMON STOCK 76131N101 1,086 69,500 SH   SOLE 0 0 0 69,500
RLJ LODGING TRUST COMMON STOCK 74965L101 2,359 79,200 SH   SOLE 0 0 0 79,200
ROSS STORES INC COMMON STOCK 778296103 3,480 71,600 SH   SOLE 0 0 0 71,600
SABRA HEALTH CARE REIT INC COMMON STOCK 78573L106 1,375 53,400 SH   SOLE 0 0 0 53,400
SCHLUMBERGER LTD COMMON STOCK 806857108 5,292 61,400 SH   SOLE 0 0 0 61,400
SELECT INCOME REIT COMMON STOCK 81618T100 2,947 142,800 SH   SOLE 0 0 0 142,800
SENIOR HOUSING PROP TRUST COMMON STOCK 81721M109 2,231 127,100 SH   SOLE 0 0 0 127,100
SIMON PROPERTY GROUP INC COMMON STOCK 828806109 10,815 62,508 SH   SOLE 0 0 0 62,508
SL GREEN REALTY CORP COMMON STOCK 78440X101 981 8,923 SH   SOLE 0 0 0 8,923
SOUTHERN CO/THE COMMON STOCK 842587107 2,874 68,600 SH   SOLE 0 0 0 68,600
ST JUDE MEDICAL INC COMMON STOCK 790849103 1,966 26,900 SH   SOLE 0 0 0 26,900
STAG INDUSTRIAL INC COMMON STOCK 85254J102 1,530 76,500 SH   SOLE 0 0 0 76,500
STARBUCKS CORP COMMON STOCK 855244109 5,919 110,400 SH   SOLE 0 0 0 110,400
SUMMIT HOTEL PROPERTIES INC COMMON STOCK 866082100 1,965 151,000 SH   SOLE 0 0 0 151,000
SUN COMMUNITIES INC COMMON STOCK 866674104 1,333 21,553 SH   SOLE 0 0 0 21,553
TANGER FACTORY OUTLET CENTER COMMON STOCK 875465106 2,853 90,000 SH   SOLE 0 0 0 90,000
TIME WARNER CABLE COMMON STOCK 88732J207 3,047 17,100 SH   SOLE 0 0 0 17,100
TIME WARNER INC COMMON STOCK 887317303 5,979 68,400 SH   SOLE 0 0 0 68,400
TJX COMPANIES INC COMMON STOCK 872540109 2,422 36,600 SH   SOLE 0 0 0 36,600
TRAVELERS COS INC/THE COMMON STOCK 89417E109 3,315 34,300 SH   SOLE 0 0 0 34,300
UDR INC COMMON STOCK 902653104 2,622 81,867 SH   SOLE 0 0 0 81,867
UNION PACIFIC CORP COMMON STOCK 907818108 4,082 42,800 SH   SOLE 0 0 0 42,800
UNITED PARCEL SERVICE-CL B COMMON STOCK 911312106 2,568 26,500 SH   SOLE 0 0 0 26,500
UNITED TECHNOLOGIES CORP COMMON STOCK 913017109 5,591 50,400 SH   SOLE 0 0 0 50,400
UNITEDHEALTH GROUP INC COMMON STOCK 91324P102 8,150 66,800 SH   SOLE 0 0 0 66,800
US BANCORP COMMON STOCK 902973304 2,261 52,100 SH   SOLE 0 0 0 52,100
VENTAS INC COMMON STOCK 92276F100 4,389 70,682 SH   SOLE 0 0 0 70,682
VF CORP COMMON STOCK 918204108 2,748 39,400 SH   SOLE 0 0 0 39,400
VORNADO REALTY TRUST COMMON STOCK 929042109 2,636 27,765 SH   SOLE 0 0 0 27,765
WALT DISNEY CO/THE COMMON STOCK 254687106 6,848 60,000 SH   SOLE 0 0 0 60,000
WASTE MANAGEMENT INC COMMON STOCK 94106L109 2,155 46,500 SH   SOLE 0 0 0 46,500
WEC Energy Group COMMON STOCK 92939U106 5,118 113,800 SH   SOLE 0 0 0 113,800
WEINGARTEN REALTY INVESTORS COMMON STOCK 948741103 1,482 45,336 SH   SOLE 0 0 0 45,336
WELLS FARGO and CO COMMON STOCK 949746101 12,086 214,900 SH   SOLE 0 0 0 214,900
ZIMMER BIOMET HOLDINGS INC COMMON STOCK 98956P102 2,501 22,900 SH   SOLE 0 0 0 22,900