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 4,151 21,100 SH   SOLE 0 0 0 21,100
A COLNY CAP REIT-A COMMON STOCK 19625W104 2,141 343,163 SH   SOLE 0 0 0 343,163
AETNA INC COMMON STOCK 00817Y108 3,376 18,400 SH   SOLE 0 0 0 18,400
AFLAC INC COMMON STOCK 001055102 2,749 63,900 SH   SOLE 0 0 0 63,900
AGNC INVESTMENT CORP COMMON STOCK 00123Q104 2,370 127,500 SH   SOLE 0 0 0 127,500
ALEXANDRIA REAL ESTATE EQUIT COMMON STOCK 015271109 2,132 16,900 SH   SOLE 0 0 0 16,900
ALLSTATE CORP COMMON STOCK 020002101 2,647 29,000 SH   SOLE 0 0 0 29,000
ALTRIA GROUP INC COMMON STOCK 02209S103 4,214 74,200 SH   SOLE 0 0 0 74,200
AMERICAN CAMPUS COMMUNITIES COMMON STOCK 024835100 2,573 60,000 SH   SOLE 0 0 0 60,000
AMERICAN ELECTRIC POWER COMMON STOCK 025537101 2,881 41,600 SH   SOLE 0 0 0 41,600
AMERICAN HOMES 4 RENT- A COMMON STOCK 02665T306 1,353 61,000 SH   SOLE 0 0 0 61,000
AMERIPRISE FINANCIAL INC COMMON STOCK 03076C106 2,588 18,500 SH   SOLE 0 0 0 18,500
APARTMENT INVT and MGMT CO -A COMMON STOCK 03748R101 2,601 61,500 SH   SOLE 0 0 0 61,500
APPLE INC COMMON STOCK 037833100 12,014 64,900 SH   SOLE 0 0 0 64,900
APPLIED MATERIALS INC COMMON STOCK 038222105 3,159 68,400 SH   SOLE 0 0 0 68,400
ARMADA HOFFLER PROPERTIES IN COMMON STOCK 04208T108 1,118 75,000 SH   SOLE 0 0 0 75,000
AUTOMATIC DATA PROCESSING COMMON STOCK 053015103 3,595 26,800 SH   SOLE 0 0 0 26,800
AUTOZONE INC COMMON STOCK 053332102 2,751 4,100 SH   SOLE 0 0 0 4,100
AVALONBAY COMMUNITIES INC COMMON STOCK 053484101 4,490 26,120 SH   SOLE 0 0 0 26,120
AVERY DENNISON CORP COMMON STOCK 053611109 2,532 24,800 SH   SOLE 0 0 0 24,800
BEST BUY CO INC COMMON STOCK 086516101 3,095 41,500 SH   SOLE 0 0 0 41,500
BIOGEN INC COMMON STOCK 09062X103 3,280 11,300 SH   SOLE 0 0 0 11,300
BLACKROCK INC COMMON STOCK 09247X101 3,493 7,000 SH   SOLE 0 0 0 7,000
BOSTON PROPERTIES INC COMMON STOCK 101121101 2,059 16,417 SH   SOLE 0 0 0 16,417
BRANDYWINE REALTY TRUST COMMON STOCK 105368203 2,589 153,400 SH   SOLE 0 0 0 153,400
BRIXMOR PROPERTY GROUP INC COMMON STOCK 11120U105 1,935 111,000 SH   SOLE 0 0 0 111,000
BROADRIDGE FINANCIAL SOLUTIO COMMON STOCK 11133T103 2,636 22,900 SH   SOLE 0 0 0 22,900
BROWN-FORMAN CORP-CLASS B COMMON STOCK 115637209 2,696 55,000 SH   SOLE 0 0 0 55,000
CAMDEN PROPERTY TRUST COMMON STOCK 133131102 3,223 35,369 SH   SOLE 0 0 0 35,369
CBL and ASSOCIATES PROPERTIES COMMON STOCK 124830100 507 91,000 SH   SOLE 0 0 0 91,000
CDK GLOBAL INC COMMON STOCK 12508E101 2,635 40,500 SH   SOLE 0 0 0 40,500
CHATHAM LODGING TRUST COMMON STOCK 16208T102 1,019 48,000 SH   SOLE 0 0 0 48,000
CHESAPEAKE LODGING TRUST COMMON STOCK 165240102 1,629 51,500 SH   SOLE 0 0 0 51,500
CHURCH and DWIGHT CO INC COMMON STOCK 171340102 3,296 62,000 SH   SOLE 0 0 0 62,000
CIGNA CORP COMMON STOCK 125509109 2,872 16,900 SH   SOLE 0 0 0 16,900
CLOROX COMPANY COMMON STOCK 189054109 2,976 22,000 SH   SOLE 0 0 0 22,000
COGNIZANT TECH SOLUTIONS-A COMMON STOCK 192446102 2,978 37,700 SH   SOLE 0 0 0 37,700
COLGATE-PALMOLIVE CO COMMON STOCK 194162103 3,526 54,400 SH   SOLE 0 0 0 54,400
COLUMBIA PROPERTY TRUST INC COMMON STOCK 198287203 1,953 86,000 SH   SOLE 0 0 0 86,000
COMCAST CORP-CLASS A COMMON STOCK 20030N101 4,954 151,000 SH   SOLE 0 0 0 151,000
CORPORATE OFFICE PROPERTIES COMMON STOCK 22002T108 1,768 61,000 SH   SOLE 0 0 0 61,000
COUSINS PROPERTIES INC COMMON STOCK 222795106 1,657 171,000 SH   SOLE 0 0 0 171,000
CROWN HOLDINGS INC COMMON STOCK 228368106 2,157 48,200 SH   SOLE 0 0 0 48,200
CSX CORP COMMON STOCK 126408103 3,336 52,300 SH   SOLE 0 0 0 52,300
CUBESMART COMMON STOCK 229663109 1,998 62,000 SH   SOLE 0 0 0 62,000
CYRUSONE INC COMMON STOCK 23283R100 1,331 22,800 SH   SOLE 0 0 0 22,800
DCT INDUSTRIAL TRUST INC COMMON STOCK 233153204 802 12,025 SH   SOLE 0 0 0 12,025
DDR RG COMMON STOCK 23317H854 1,602 89,500 SH   SOLE 0 0 0 89,500
DELTA AIR LINES INC COMMON STOCK 247361702 2,209 44,600 SH   SOLE 0 0 0 44,600
DIAMONDROCK HOSPITALITY CO COMMON STOCK 252784301 1,817 148,000 SH   SOLE 0 0 0 148,000
DIGITAL REALTY TRUST INC COMMON STOCK 253868103 3,766 33,750 SH   SOLE 0 0 0 33,750
DOLLAR GENERAL CORP COMMON STOCK 256677105 3,106 31,500 SH   SOLE 0 0 0 31,500
DOMINION ENERGY INC COMMON STOCK 25746U109 3,095 45,400 SH   SOLE 0 0 0 45,400
DUKE ENERGY CORP COMMON STOCK 26441C204 3,266 41,300 SH   SOLE 0 0 0 41,300
DUKE REALTY CORP COMMON STOCK 264411505 1,104 38,024 SH   SOLE 0 0 0 38,024
EASTGROUP PROPERTIES INC COMMON STOCK 277276101 2,150 22,500 SH   SOLE 0 0 0 22,500
EATON VANCE CORP COMMON STOCK 278265103 2,270 43,500 SH   SOLE 0 0 0 43,500
EDUCATION REALTY TRUST INC COMMON STOCK 28140H203 1,743 42,000 SH   SOLE 0 0 0 42,000
EMERSON ELECTRIC CO COMMON STOCK 291011104 3,436 49,700 SH   SOLE 0 0 0 49,700
EMPIRE STATE REALTY TRUST-A COMMON STOCK 292104106 735 43,000 SH   SOLE 0 0 0 43,000
EPR PROPERTIES COMMON STOCK 26884U109 3,162 48,800 SH   SOLE 0 0 0 48,800
EQUITY RESIDENTIAL COMMON STOCK 29476L107 3,971 62,356 SH   SOLE 0 0 0 62,356
ESSEX PROPERTY TRUST INC COMMON STOCK 297178105 2,104 8,800 SH   SOLE 0 0 0 8,800
ESTEE LAUDER COMPANIES-CL A COMMON STOCK 518439104 2,725 19,100 SH   SOLE 0 0 0 19,100
EXPEDITORS INTL WASH INC COMMON STOCK 302130109 3,363 46,000 SH   SOLE 0 0 0 46,000
EXXON MOBIL CORP COMMON STOCK 30231G102 8,124 98,200 SH   SOLE 0 0 0 98,200
F5 NETWORKS INC COMMON STOCK 315616102 2,707 15,700 SH   SOLE 0 0 0 15,700
FARMLAND PARTNERS INC COMMON STOCK 31154R109 455 51,653 SH   SOLE 0 0 0 51,653
FASTENAL CO COMMON STOCK 311900104 2,580 53,600 SH   SOLE 0 0 0 53,600
FISERV INC COMMON STOCK 337738108 2,882 38,900 SH   SOLE 0 0 0 38,900
FOREST CITY REALTY TRUST- A COMMON STOCK 345605109 2,418 106,000 SH   SOLE 0 0 0 106,000
FORTUNE BRANDS HOME and SECURI COMMON STOCK 34964C106 2,207 41,100 SH   SOLE 0 0 0 41,100
FRANKLIN STREET PROPERTIES C COMMON STOCK 35471R106 385 45,000 SH   SOLE 0 0 0 45,000
GAMING AND LEISURE PROPERTIE COMMON STOCK 36467J108 2,578 72,000 SH   SOLE 0 0 0 72,000
GAP INC/THE COMMON STOCK 364760108 2,743 84,700 SH   SOLE 0 0 0 84,700
GENERAL MILLS INC COMMON STOCK 370334104 2,567 58,000 SH   SOLE 0 0 0 58,000
GGP Inc COMMON STOCK 36174X101 1,747 85,500 SH   SOLE 0 0 0 85,500
GLOBAL NET LEASE INC COMMON STOCK 379378201 1,806 88,408 SH   SOLE 0 0 0 88,408
GRAMERCY PROPERTY TRUST COMMON STOCK 385002308 2,668 97,666 SH   SOLE 0 0 0 97,666
HandR BLOCK INC COMMON STOCK 093671105 1,982 87,000 SH   SOLE 0 0 0 87,000
HCP INC COMMON STOCK 40414L109 2,442 94,593 SH   SOLE 0 0 0 94,593
HEALTHCARE REALTY TRUST INC COMMON STOCK 421946104 311 10,682 SH   SOLE 0 0 0 10,682
HERSHA HOSPITALITY TRUST COMMON STOCK 427825500 429 20,000 SH   SOLE 0 0 0 20,000
HERSHEY CO/THE COMMON STOCK 427866108 2,587 27,800 SH   SOLE 0 0 0 27,800
HIGHWOODS PROPERTIES INC COMMON STOCK 431284108 1,563 30,802 SH   SOLE 0 0 0 30,802
HOME DEPOT INC COMMON STOCK 437076102 6,770 34,700 SH   SOLE 0 0 0 34,700
HOSPITALITY PROPERTIES TRUST COMMON STOCK 44106M102 2,101 73,434 SH   SOLE 0 0 0 73,434
HOST HOTELS and RESORTS INC COMMON STOCK 44107P104 3,877 183,998 SH   SOLE 0 0 0 183,998
HP INC COMMON STOCK 40434L105 3,404 150,000 SH   SOLE 0 0 0 150,000
HUDSON PACIFIC PROPERTIES IN COMMON STOCK 444097109 2,144 60,500 SH   SOLE 0 0 0 60,500
HUMANA INC COMMON STOCK 444859102 3,006 10,100 SH   SOLE 0 0 0 10,100
HUNT (JB) TRANSPRT SVCS INC COMMON STOCK 445658107 2,917 24,000 SH   SOLE 0 0 0 24,000
ILLINOIS TOOL WORKS COMMON STOCK 452308109 2,923 21,100 SH   SOLE 0 0 0 21,100
INDUSTRIAL LOGISTICS PROPERT COMMON STOCK 456237106 1,073 48,000 SH   SOLE 0 0 0 48,000
INFRAREIT INC COMMON STOCK 45685L100 1,379 62,180 SH   SOLE 0 0 0 62,180
INGERSOLL-RAND PLC COMMON STOCK 000000000 3,087 34,400 SH   SOLE 0 0 0 34,400
INTL BUSINESS MACHINES CORP COMMON STOCK 459200101 4,512 32,300 SH   SOLE 0 0 0 32,300
INTUIT INC COMMON STOCK 461202103 3,453 16,900 SH   SOLE 0 0 0 16,900
INVITATION HOMES INC COMMON STOCK 46187W107 596 25,824 SH   SOLE 0 0 0 25,824
IRON MOUNTAIN INC COMMON STOCK 46284V101 2,713 77,500 SH   SOLE 0 0 0 77,500
JBG SMITH PROPERTIES COMMON STOCK 46590V100 999 27,382 SH   SOLE 0 0 0 27,382
KENNEDY-WILSON HOLDINGS INC COMMON STOCK 489398107 848 40,081 SH   SOLE 0 0 0 40,081
KILROY REALTY CORP COMMON STOCK 49427F108 983 13,000 SH   SOLE 0 0 0 13,000
KIMBERLY-CLARK CORP COMMON STOCK 494368103 2,950 28,000 SH   SOLE 0 0 0 28,000
KIMCO REALTY CORP COMMON STOCK 49446R109 981 57,731 SH   SOLE 0 0 0 57,731
KITE REALTY GROUP TRUST COMMON STOCK 49803T300 1,947 114,000 SH   SOLE 0 0 0 114,000
LAM RESEARCH CORP COMMON STOCK 512807108 2,938 17,000 SH   SOLE 0 0 0 17,000
LASALLE HOTEL PROPERTIES COMMON STOCK 517942108 2,006 58,600 SH   SOLE 0 0 0 58,600
LENNOX INTERNATIONAL INC COMMON STOCK 526107107 2,402 12,000 SH   SOLE 0 0 0 12,000
LIBERTY PROPERTY TRUST COMMON STOCK 531172104 3,152 71,096 SH   SOLE 0 0 0 71,096
LOEWS CORP COMMON STOCK 540424108 2,791 57,800 SH   SOLE 0 0 0 57,800
LOWE'S COS INC COMMON STOCK 548661107 3,966 41,500 SH   SOLE 0 0 0 41,500
Life Storage Inc COMMON STOCK 53223X107 2,092 21,500 SH   SOLE 0 0 0 21,500
MACERICH CO/THE COMMON STOCK 554382101 1,336 23,507 SH   SOLE 0 0 0 23,507
MACK-CALI REALTY CORP COMMON STOCK 554489104 1,420 70,000 SH   SOLE 0 0 0 70,000
MANPOWERGROUP INC COMMON STOCK 56418H100 1,902 22,100 SH   SOLE 0 0 0 22,100
MARSH and MCLENNAN COS COMMON STOCK 571748102 3,435 41,900 SH   SOLE 0 0 0 41,900
MASCO CORP COMMON STOCK 574599106 2,552 68,200 SH   SOLE 0 0 0 68,200
MASTERCARD INC - A COMMON STOCK 57636Q104 5,601 28,500 SH   SOLE 0 0 0 28,500
MEDICAL PROPERTIES TRUST INC COMMON STOCK 58463J304 2,078 148,000 SH   SOLE 0 0 0 148,000
METTLER-TOLEDO INTERNATIONAL COMMON STOCK 592688105 2,662 4,600 SH   SOLE 0 0 0 4,600
MICROSOFT CORP COMMON STOCK 594918104 11,685 118,500 SH   SOLE 0 0 0 118,500
MID-AMERICA APARTMENT COMM COMMON STOCK 59522J103 3,296 32,740 SH   SOLE 0 0 0 32,740
MONMOUTH REAL ESTATE INV COR COMMON STOCK 609720107 1,504 91,000 SH   SOLE 0 0 0 91,000
MOODY'S CORP COMMON STOCK 615369105 2,848 16,700 SH   SOLE 0 0 0 16,700
MOTOROLA SOLUTIONS INC COMMON STOCK 620076307 2,700 23,200 SH   SOLE 0 0 0 23,200
MSCI INC COMMON STOCK 55354G100 2,779 16,800 SH   SOLE 0 0 0 16,800
NATL HEALTH INVESTORS INC COMMON STOCK 63633D104 442 6,000 SH   SOLE 0 0 0 6,000
NEW SENIOR INVESTMENT GROUP COMMON STOCK 648691103 931 123,000 SH   SOLE 0 0 0 123,000
NEW YORK REIT INC COMMON STOCK 64976L208 97 5,300 SH   SOLE 0 0 0 5,300
NVR INC COMMON STOCK 62944T105 2,376 800 SH   SOLE 0 0 0 800
O'REILLY AUTOMOTIVE INC COMMON STOCK 67103H107 3,283 12,000 SH   SOLE 0 0 0 12,000
OGE ENERGY CORP COMMON STOCK 670837103 2,595 73,700 SH   SOLE 0 0 0 73,700
OMNICOM GROUP COMMON STOCK 681919106 3,081 40,400 SH   SOLE 0 0 0 40,400
PAYCHEX INC COMMON STOCK 704326107 3,151 46,100 SH   SOLE 0 0 0 46,100
PEPSICO INC COMMON STOCK 713448108 4,954 45,500 SH   SOLE 0 0 0 45,500
PFIZER INC COMMON STOCK 717081103 5,772 159,100 SH   SOLE 0 0 0 159,100
PHYSICIANS REALTY TRUST COMMON STOCK 71943U104 1,881 118,000 SH   SOLE 0 0 0 118,000
PPG INDUSTRIES INC COMMON STOCK 693506107 2,873 27,700 SH   SOLE 0 0 0 27,700
PPL CORP COMMON STOCK 69351T106 2,855 100,000 SH   SOLE 0 0 0 100,000
PREFERRED APARTMENT COMMUN-A COMMON STOCK 74039L103 850 50,000 SH   SOLE 0 0 0 50,000
PROCTER and GAMBLE CO/THE COMMON STOCK 742718109 5,683 72,800 SH   SOLE 0 0 0 72,800
PROLOGIS INC COMMON STOCK 74340W103 5,518 84,000 SH   SOLE 0 0 0 84,000
PUBLIC SERVICE ENTERPRISE GP COMMON STOCK 744573106 3,460 63,900 SH   SOLE 0 0 0 63,900
PUBLIC STORAGE COMMON STOCK 74460D109 4,781 21,074 SH   SOLE 0 0 0 21,074
PULTEGROUP INC COMMON STOCK 745867101 2,861 99,500 SH   SOLE 0 0 0 99,500
QTS REALTY TRUST INC-CL A COMMON STOCK 74736A103 1,462 37,000 SH   SOLE 0 0 0 37,000
QUALITY CARE PROPERTIES COMMON STOCK 747545101 618 28,718 SH   SOLE 0 0 0 28,718
RAMCO-GERSHENSON PROPERTIES COMMON STOCK 751452202 1,833 138,782 SH   SOLE 0 0 0 138,782
REGIONS FINANCIAL CORP COMMON STOCK 7591EP100 2,482 139,600 SH   SOLE 0 0 0 139,600
RLJ LODGING TRUST COMMON STOCK 74965L101 1,746 79,200 SH   SOLE 0 0 0 79,200
RMR GROUP INC/THE - A COMMON STOCK 74967R106 603 7,684 SH   SOLE 0 0 0 7,684
ROBERT HALF INTL INC COMMON STOCK 770323103 2,676 41,100 SH   SOLE 0 0 0 41,100
ROCKWELL AUTOMATION INC COMMON STOCK 773903109 2,693 16,200 SH   SOLE 0 0 0 16,200
ROSS STORES INC COMMON STOCK 778296103 3,382 39,900 SH   SOLE 0 0 0 39,900
SandP GLOBAL INC COMMON STOCK 78409V104 3,262 16,000 SH   SOLE 0 0 0 16,000
SABRA HEALTH CARE REIT INC COMMON STOCK 78573L106 3,217 148,030 SH   SOLE 0 0 0 148,030
SEI INVESTMENTS COMPANY COMMON STOCK 784117103 2,426 38,800 SH   SOLE 0 0 0 38,800
SELECT INCOME REIT COMMON STOCK 81618T100 2,827 125,800 SH   SOLE 0 0 0 125,800
SENIOR HOUSING PROP TRUST COMMON STOCK 81721M109 2,697 149,100 SH   SOLE 0 0 0 149,100
SHERWIN-WILLIAMS CO/THE COMMON STOCK 824348106 3,342 8,200 SH   SOLE 0 0 0 8,200
SIMON PROPERTY GROUP INC COMMON STOCK 828806109 11,591 68,108 SH   SOLE 0 0 0 68,108
SKYWORKS SOLUTIONS INC COMMON STOCK 83088M102 3,112 32,200 SH   SOLE 0 0 0 32,200
SL GREEN REALTY CORP COMMON STOCK 78440X101 1,701 16,923 SH   SOLE 0 0 0 16,923
SMITH (A.O.) CORP COMMON STOCK 831865209 2,614 44,200 SH   SOLE 0 0 0 44,200
SNAP-ON INC COMMON STOCK 833034101 2,652 16,500 SH   SOLE 0 0 0 16,500
SOUTHERN CO/THE COMMON STOCK 842587107 3,621 78,200 SH   SOLE 0 0 0 78,200
SOUTHWEST AIRLINES CO COMMON STOCK 844741108 2,544 50,000 SH   SOLE 0 0 0 50,000
SPIRIT AEROSYSTEMS HOLD-CL A COMMON STOCK 848574109 2,594 30,200 SH   SOLE 0 0 0 30,200
SPIRIT MTA REIT COMMON STOCK 84861U105 230 22,300 SH   SOLE 0 0 0 22,300
SPIRIT REALTY CAPITAL INC COMMON STOCK 84860W102 1,791 223,000 SH   SOLE 0 0 0 223,000
STAG INDUSTRIAL INC COMMON STOCK 85254J102 1,729 63,500 SH   SOLE 0 0 0 63,500
STARBUCKS CORP COMMON STOCK 855244109 3,087 63,200 SH   SOLE 0 0 0 63,200
STATE STREET CORP COMMON STOCK 857477103 2,979 32,000 SH   SOLE 0 0 0 32,000
STORE CAPITAL CORP COMMON STOCK 862121100 438 16,000 SH   SOLE 0 0 0 16,000
SUMMIT HOTEL PROPERTIES INC COMMON STOCK 866082100 701 49,000 SH   SOLE 0 0 0 49,000
SUNSTONE HOTEL INVESTORS INC COMMON STOCK 867892101 499 30,000 SH   SOLE 0 0 0 30,000
T ROWE PRICE GROUP INC COMMON STOCK 74144T108 3,251 28,000 SH   SOLE 0 0 0 28,000
TANGER FACTORY OUTLET CENTER COMMON STOCK 875465106 1,832 78,000 SH   SOLE 0 0 0 78,000
TAUBMAN CENTERS INC COMMON STOCK 876664103 940 16,000 SH   SOLE 0 0 0 16,000
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 4,807 43,600 SH   SOLE 0 0 0 43,600
TIER REIT INC COMMON STOCK 88650V208 1,061 44,600 SH   SOLE 0 0 0 44,600
TJX COMPANIES INC COMMON STOCK 872540109 3,645 38,300 SH   SOLE 0 0 0 38,300
TORCHMARK CORP COMMON STOCK 891027104 2,621 32,200 SH   SOLE 0 0 0 32,200
TRACTOR SUPPLY COMPANY COMMON STOCK 892356106 2,968 38,800 SH   SOLE 0 0 0 38,800
TRAVELERS COS INC/THE COMMON STOCK 89417E109 2,863 23,400 SH   SOLE 0 0 0 23,400
UDR INC COMMON STOCK 902653104 2,154 57,367 SH   SOLE 0 0 0 57,367
UGI CORP COMMON STOCK 902681105 2,713 52,100 SH   SOLE 0 0 0 52,100
UMH PROPERTIES INC COMMON STOCK 903002103 1,490 97,083 SH   SOLE 0 0 0 97,083
UNION PACIFIC CORP COMMON STOCK 907818108 4,222 29,800 SH   SOLE 0 0 0 29,800
UNITED PARCEL SERVICE-CL B COMMON STOCK 911312106 3,569 33,600 SH   SOLE 0 0 0 33,600
UNITEDHEALTH GROUP INC COMMON STOCK 91324P102 6,305 25,700 SH   SOLE 0 0 0 25,700
UNITI GROUP INC COMMON STOCK 91325V108 1,302 65,000 SH   SOLE 0 0 0 65,000
US BANCORP COMMON STOCK 902973304 3,912 78,200 SH   SOLE 0 0 0 78,200
VENTAS INC COMMON STOCK 92276F100 3,558 62,482 SH   SOLE 0 0 0 62,482
VEREIT INC COMMON STOCK 92339V100 2,827 380,000 SH   SOLE 0 0 0 380,000
VF CORP COMMON STOCK 918204108 3,318 40,700 SH   SOLE 0 0 0 40,700
VISA INC-CLASS A SHARES COMMON STOCK 92826C839 6,411 48,400 SH   SOLE 0 0 0 48,400
VORNADO REALTY TRUST COMMON STOCK 929042109 2,052 27,765 SH   SOLE 0 0 0 27,765
WALT DISNEY CO/THE COMMON STOCK 254687106 5,052 48,200 SH   SOLE 0 0 0 48,200
WASHINGTON REIT COMMON STOCK 939653101 485 16,000 SH   SOLE 0 0 0 16,000
WASTE MANAGEMENT INC COMMON STOCK 94106L109 2,904 35,700 SH   SOLE 0 0 0 35,700
WEINGARTEN REALTY INVESTORS COMMON STOCK 948741103 1,397 45,336 SH   SOLE 0 0 0 45,336
WELLTOWER INC COMMON STOCK 95040Q104 4,009 63,953 SH   SOLE 0 0 0 63,953
WW GRAINGER INC COMMON STOCK 384802104 2,714 8,800 SH   SOLE 0 0 0 8,800
WYNDHAM DESTINATIONS INC COMMON STOCK 98310W108 1,080 24,400 SH   SOLE 0 0 0 24,400
WYNDHAM HOTELS and RESORTS INC COMMON STOCK 98311A105 1,435 24,400 SH   SOLE 0 0 0 24,400
YUM! BRANDS INC COMMON STOCK 988498101 2,472 31,600 SH   SOLE 0 0 0 31,600
ZOETIS INC COMMON STOCK 98978V103 2,965 34,800 SH   SOLE 0 0 0 34,800