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 3,761 21,700 SH   SOLE 0 0 0 21,700
A SITE CENTER REIT COMMON STOCK 23317H854 722 54,500 SH   SOLE 0 0 0 54,500
ABBVIE INC COMMON STOCK 00287Y109 4,080 56,100 SH   SOLE 0 0 0 56,100
AFLAC INC COMMON STOCK 001055102 3,119 56,900 SH   SOLE 0 0 0 56,900
AGNC INVESTMENT CORP COMMON STOCK 00123Q104 2,145 127,500 SH   SOLE 0 0 0 127,500
ALEXANDRIA REAL ESTATE EQUIT COMMON STOCK 015271109 2,384 16,900 SH   SOLE 0 0 0 16,900
ALLEGHANY CORP COMMON STOCK 017175100 2,248 3,300 SH   SOLE 0 0 0 3,300
ALLSTATE CORP COMMON STOCK 020002101 2,949 29,000 SH   SOLE 0 0 0 29,000
AMERICAN CAMPUS COMMUNITIES COMMON STOCK 024835100 2,770 60,000 SH   SOLE 0 0 0 60,000
AMERICAN FINANCIAL GROUP INC COMMON STOCK 025932104 2,254 22,000 SH   SOLE 0 0 0 22,000
AMERICAN HOMES 4 RENT- A COMMON STOCK 02665T306 1,920 79,000 SH   SOLE 0 0 0 79,000
AMERIPRISE FINANCIAL INC COMMON STOCK 03076C106 2,685 18,500 SH   SOLE 0 0 0 18,500
AMGEN INC COMMON STOCK 031162100 4,091 22,200 SH   SOLE 0 0 0 22,200
ANNALY CAPITAL MANAGEMENT IN COMMON STOCK 035710409 2,283 250,000 SH   SOLE 0 0 0 250,000
ANTHEM INC COMMON STOCK 036752103 3,224 11,425 SH   SOLE 0 0 0 11,425
APARTMENT INVT and MGMT CO -A COMMON STOCK 03748R754 2,582 51,525 SH   SOLE 0 0 0 51,525
APPLE HOSPITALITY REIT INC COMMON STOCK 03784Y200 476 30,000 SH   SOLE 0 0 0 30,000
APPLE INC COMMON STOCK 037833100 12,167 61,475 SH   SOLE 0 0 0 61,475
ARMADA HOFFLER PROPERTIES IN COMMON STOCK 04208T108 938 56,700 SH   SOLE 0 0 0 56,700
AUTOMATIC DATA PROCESSING COMMON STOCK 053015103 3,604 21,800 SH   SOLE 0 0 0 21,800
AUTOZONE INC COMMON STOCK 053332102 2,969 2,700 SH   SOLE 0 0 0 2,700
AVALONBAY COMMUNITIES INC COMMON STOCK 053484101 5,063 24,920 SH   SOLE 0 0 0 24,920
AVERY DENNISON CORP COMMON STOCK 053611109 2,522 21,800 SH   SOLE 0 0 0 21,800
BAXTER INTERNATIONAL INC COMMON STOCK 071813109 2,948 36,000 SH   SOLE 0 0 0 36,000
BEST BUY CO INC COMMON STOCK 086516101 2,685 38,500 SH   SOLE 0 0 0 38,500
BIOGEN INC COMMON STOCK 09062X103 2,619 11,200 SH   SOLE 0 0 0 11,200
BOOKING HOLDINGS INC COMMON STOCK 741503403 3,562 1,900 SH   SOLE 0 0 0 1,900
BOSTON PROPERTIES INC COMMON STOCK 101121101 2,118 16,417 SH   SOLE 0 0 0 16,417
BRANDYWINE REALTY TRUST COMMON STOCK 105368203 2,598 181,400 SH   SOLE 0 0 0 181,400
BRISTOL-MYERS SQUIBB CO COMMON STOCK 110122108 2,948 65,000 SH   SOLE 0 0 0 65,000
BRIXMOR PROPERTY GROUP INC COMMON STOCK 11120U105 1,985 111,000 SH   SOLE 0 0 0 111,000
BROADRIDGE FINANCIAL SOLUTIO COMMON STOCK 11133T103 2,796 21,900 SH   SOLE 0 0 0 21,900
C.H. ROBINSON WORLDWIDE INC COMMON STOCK 12541W209 2,109 25,000 SH   SOLE 0 0 0 25,000
CAMDEN PROPERTY TRUST COMMON STOCK 133131102 3,170 30,369 SH   SOLE 0 0 0 30,369
CBL and ASSOCIATES PROPERTIES COMMON STOCK 124830100 95 91,000 SH   SOLE 0 0 0 91,000
CDK GLOBAL INC COMMON STOCK 12508E101 1,835 37,125 SH   SOLE 0 0 0 37,125
CDW CORP/DE COMMON STOCK 12514G108 2,786 25,100 SH   SOLE 0 0 0 25,100
CELANESE CORP-SERIES A COMMON STOCK 150870103 2,479 23,000 SH   SOLE 0 0 0 23,000
CELGENE CORP COMMON STOCK 151020104 3,051 33,000 SH   SOLE 0 0 0 33,000
CENTERPOINT ENERGY INC COMMON STOCK 15189T107 2,262 79,000 SH   SOLE 0 0 0 79,000
CERNER CORP COMMON STOCK 156782104 2,492 34,000 SH   SOLE 0 0 0 34,000
CHATHAM LODGING TRUST COMMON STOCK 16208T102 491 26,000 SH   SOLE 0 0 0 26,000
CHESAPEAKE LODGING TRUST COMMON STOCK 165240102 952 33,500 SH   SOLE 0 0 0 33,500
CINTAS CORP COMMON STOCK 172908105 2,847 12,000 SH   SOLE 0 0 0 12,000
CISCO SYSTEMS INC COMMON STOCK 17275R102 6,048 110,500 SH   SOLE 0 0 0 110,500
CITRIX SYSTEMS INC COMMON STOCK 177376100 2,159 22,000 SH   SOLE 0 0 0 22,000
CLOROX COMPANY COMMON STOCK 189054109 2,373 15,500 SH   SOLE 0 0 0 15,500
COLUMBIA PROPERTY TRUST INC COMMON STOCK 198287203 1,784 86,000 SH   SOLE 0 0 0 86,000
CORPORATE OFFICE PROPERTIES COMMON STOCK 22002T108 2,110 80,000 SH   SOLE 0 0 0 80,000
COUSINS PROPERTIES INC COMMON STOCK 222795502 3,110 85,977 SH   SOLE 0 0 0 85,977
CSX CORP COMMON STOCK 126408103 3,311 42,800 SH   SOLE 0 0 0 42,800
CUBESMART COMMON STOCK 229663109 1,940 58,000 SH   SOLE 0 0 0 58,000
CYRUSONE INC COMMON STOCK 23283R100 2,557 44,300 SH   SOLE 0 0 0 44,300
Colony Capital Inc COMMON STOCK 19625W104 1,716 343,163 SH   SOLE 0 0 0 343,163
DARDEN RESTAURANTS INC COMMON STOCK 237194105 2,520 20,700 SH   SOLE 0 0 0 20,700
DIAMONDROCK HOSPITALITY CO COMMON STOCK 252784301 393 38,000 SH   SOLE 0 0 0 38,000
DIGITAL REALTY TRUST INC COMMON STOCK 253868103 4,423 37,550 SH   SOLE 0 0 0 37,550
DOLLAR GENERAL CORP COMMON STOCK 256677105 2,974 22,000 SH   SOLE 0 0 0 22,000
DOMINION ENERGY INC COMMON STOCK 25746U109 3,201 41,400 SH   SOLE 0 0 0 41,400
DUKE REALTY CORP COMMON STOCK 264411505 1,202 38,024 SH   SOLE 0 0 0 38,024
EASTGROUP PROPERTIES INC COMMON STOCK 277276101 719 6,200 SH   SOLE 0 0 0 6,200
EBAY INC COMMON STOCK 278642103 2,805 71,000 SH   SOLE 0 0 0 71,000
ELI LILLY and CO COMMON STOCK 532457108 3,545 32,000 SH   SOLE 0 0 0 32,000
EMERSON ELECTRIC CO COMMON STOCK 291011104 2,682 40,200 SH   SOLE 0 0 0 40,200
EMPIRE STATE REALTY TRUST-A COMMON STOCK 292104106 637 43,000 SH   SOLE 0 0 0 43,000
EPR PROPERTIES COMMON STOCK 26884U109 2,558 34,300 SH   SOLE 0 0 0 34,300
EQUITY RESIDENTIAL COMMON STOCK 29476L107 4,734 62,356 SH   SOLE 0 0 0 62,356
ESSEX PROPERTY TRUST INC COMMON STOCK 297178105 2,569 8,800 SH   SOLE 0 0 0 8,800
ETRADE FINANCIAL CORP COMMON STOCK 269246401 2,141 48,000 SH   SOLE 0 0 0 48,000
EXELON CORP COMMON STOCK 30161N101 2,876 60,000 SH   SOLE 0 0 0 60,000
EXPEDITORS INTL WASH INC COMMON STOCK 302130109 2,382 31,400 SH   SOLE 0 0 0 31,400
EXXON MOBIL CORP COMMON STOCK 30231G102 7,372 96,200 SH   SOLE 0 0 0 96,200
F5 NETWORKS INC COMMON STOCK 315616102 1,995 13,700 SH   SOLE 0 0 0 13,700
FARMLAND PARTNERS INC COMMON STOCK 31154R109 91 12,900 SH   SOLE 0 0 0 12,900
FASTENAL CO COMMON STOCK 311900104 2,607 80,000 SH   SOLE 0 0 0 80,000
FIRSTENERGY CORP COMMON STOCK 337932107 2,569 60,000 SH   SOLE 0 0 0 60,000
FRANKLIN STREET PROPERTIES C COMMON STOCK 35471R106 332 45,000 SH   SOLE 0 0 0 45,000
GAMING AND LEISURE PROPERTIE COMMON STOCK 36467J108 2,924 75,000 SH   SOLE 0 0 0 75,000
GLOBAL NET LEASE INC COMMON STOCK 379378201 1,342 68,408 SH   SOLE 0 0 0 68,408
HARTFORD FINANCIAL SVCS GRP COMMON STOCK 416515104 2,452 44,000 SH   SOLE 0 0 0 44,000
HCP INC COMMON STOCK 40414L109 3,409 106,593 SH   SOLE 0 0 0 106,593
HEALTHCARE REALTY TRUST INC COMMON STOCK 421946104 335 10,682 SH   SOLE 0 0 0 10,682
HEALTHCARE TRUST OF AME-CL A COMMON STOCK 42225P501 2,332 85,000 SH   SOLE 0 0 0 85,000
HERSHA HOSPITALITY TRUST COMMON STOCK 427825500 331 20,000 SH   SOLE 0 0 0 20,000
HERSHEY CO/THE COMMON STOCK 427866108 3,150 23,500 SH   SOLE 0 0 0 23,500
HIGHWOODS PROPERTIES INC COMMON STOCK 431284108 1,644 39,802 SH   SOLE 0 0 0 39,802
HILTON WORLDWIDE HOLDINGS IN COMMON STOCK 43300A203 2,639 27,000 SH   SOLE 0 0 0 27,000
HOME DEPOT INC COMMON STOCK 437076102 6,177 29,700 SH   SOLE 0 0 0 29,700
HOSPITALITY PROPERTIES TRUST COMMON STOCK 44106M102 1,836 73,434 SH   SOLE 0 0 0 73,434
HOST HOTELS and RESORTS INC COMMON STOCK 44107P104 3,352 183,998 SH   SOLE 0 0 0 183,998
HUDSON PACIFIC PROPERTIES IN COMMON STOCK 444097109 2,013 60,500 SH   SOLE 0 0 0 60,500
HUMANA INC COMMON STOCK 444859102 2,680 10,100 SH   SOLE 0 0 0 10,100
IDEX CORP COMMON STOCK 45167R104 2,720 15,800 SH   SOLE 0 0 0 15,800
ILLINOIS TOOL WORKS COMMON STOCK 452308109 3,031 20,100 SH   SOLE 0 0 0 20,100
INDUSTRIAL LOGISTICS PROPERT COMMON STOCK 456237106 2,903 139,415 SH   SOLE 0 0 0 139,415
INGERSOLL-RAND PLC COMMON STOCK 000000000 3,217 25,400 SH   SOLE 0 0 0 25,400
INTL BUSINESS MACHINES CORP COMMON STOCK 459200101 4,040 29,300 SH   SOLE 0 0 0 29,300
INTUIT INC COMMON STOCK 461202103 3,325 12,725 SH   SOLE 0 0 0 12,725
INVITATION HOMES INC COMMON STOCK 46187W107 690 25,824 SH   SOLE 0 0 0 25,824
IRON MOUNTAIN INC COMMON STOCK 46284V101 2,426 77,500 SH   SOLE 0 0 0 77,500
KENNEDY-WILSON HOLDINGS INC COMMON STOCK 489398107 701 34,081 SH   SOLE 0 0 0 34,081
KILROY REALTY CORP COMMON STOCK 49427F108 960 13,000 SH   SOLE 0 0 0 13,000
KIMBERLY-CLARK CORP COMMON STOCK 494368103 3,332 25,000 SH   SOLE 0 0 0 25,000
KIMCO REALTY CORP COMMON STOCK 49446R109 1,067 57,731 SH   SOLE 0 0 0 57,731
KITE REALTY GROUP TRUST COMMON STOCK 49803T300 923 61,000 SH   SOLE 0 0 0 61,000
KLA-TENCOR CORP COMMON STOCK 482480100 2,524 21,350 SH   SOLE 0 0 0 21,350
LEAR CORP COMMON STOCK 521865204 2,507 18,000 SH   SOLE 0 0 0 18,000
LENNOX INTERNATIONAL INC COMMON STOCK 526107107 2,750 10,000 SH   SOLE 0 0 0 10,000
LEXINGTON REALTY TRUST COMMON STOCK 529043101 1,186 126,000 SH   SOLE 0 0 0 126,000
LIBERTY PROPERTY TRUST COMMON STOCK 531172104 2,807 56,096 SH   SOLE 0 0 0 56,096
LOEWS CORP COMMON STOCK 540424108 2,613 47,800 SH   SOLE 0 0 0 47,800
LOWE'S COS INC COMMON STOCK 548661107 3,471 34,400 SH   SOLE 0 0 0 34,400
Life Storage Inc COMMON STOCK 53223X107 1,189 12,500 SH   SOLE 0 0 0 12,500
MACERICH CO/THE COMMON STOCK 554382101 787 23,507 SH   SOLE 0 0 0 23,507
MACK-CALI REALTY CORP COMMON STOCK 554489104 1,630 70,000 SH   SOLE 0 0 0 70,000
MANPOWERGROUP INC COMMON STOCK 56418H100 2,318 24,000 SH   SOLE 0 0 0 24,000
MARSH and MCLENNAN COS COMMON STOCK 571748102 3,212 32,200 SH   SOLE 0 0 0 32,200
MASCO CORP COMMON STOCK 574599106 2,676 68,200 SH   SOLE 0 0 0 68,200
MASTERCARD INC - A COMMON STOCK 57636Q104 6,481 24,500 SH   SOLE 0 0 0 24,500
MCDONALD'S CORP COMMON STOCK 580135101 4,984 24,000 SH   SOLE 0 0 0 24,000
MEDICAL PROPERTIES TRUST INC COMMON STOCK 58463J304 2,058 118,000 SH   SOLE 0 0 0 118,000
MERCK and CO. INC. COMMON STOCK 58933Y105 5,953 71,000 SH   SOLE 0 0 0 71,000
METTLER-TOLEDO INTERNATIONAL COMMON STOCK 592688105 3,024 3,600 SH   SOLE 0 0 0 3,600
MICROSOFT CORP COMMON STOCK 594918104 12,221 91,225 SH   SOLE 0 0 0 91,225
MID-AMERICA APARTMENT COMM COMMON STOCK 59522J103 3,855 32,740 SH   SOLE 0 0 0 32,740
MONMOUTH REAL ESTATE INV COR COMMON STOCK 609720107 1,938 143,000 SH   SOLE 0 0 0 143,000
MONSTER BEVERAGE CORP COMMON STOCK 61174X109 2,489 39,000 SH   SOLE 0 0 0 39,000
MOTOROLA SOLUTIONS INC COMMON STOCK 620076307 2,868 17,200 SH   SOLE 0 0 0 17,200
MSCI INC COMMON STOCK 55354G100 2,507 10,500 SH   SOLE 0 0 0 10,500
NATL HEALTH INVESTORS INC COMMON STOCK 63633D104 1,717 22,000 SH   SOLE 0 0 0 22,000
NETAPP INC COMMON STOCK 64110D104 2,160 35,000 SH   SOLE 0 0 0 35,000
NEW SENIOR INVESTMENT GROUP COMMON STOCK 648691103 356 53,000 SH   SOLE 0 0 0 53,000
NORTHERN TRUST CORP COMMON STOCK 665859104 2,430 27,000 SH   SOLE 0 0 0 27,000
O'REILLY AUTOMOTIVE INC COMMON STOCK 67103H107 2,733 7,400 SH   SOLE 0 0 0 7,400
OFFICE PROPERTIES INCOME TRUST COMMON STOCK 67623C109 859 32,708 SH   SOLE 0 0 0 32,708
OMEGA HEALTHCARE INVESTORS COMMON STOCK 681936100 1,764 48,000 SH   SOLE 0 0 0 48,000
OMNICOM GROUP COMMON STOCK 681919106 2,295 28,000 SH   SOLE 0 0 0 28,000
PAYCHEX INC COMMON STOCK 704326107 2,629 31,950 SH   SOLE 0 0 0 31,950
PEBBLEBROOK HOTEL TRUST COMMON STOCK 70509V100 674 23,911 SH   SOLE 0 0 0 23,911
PEOPLE'S UNITED FINANCIAL COMMON STOCK 712704105 2,081 124,000 SH   SOLE 0 0 0 124,000
PEPSICO INC COMMON STOCK 713448108 5,311 40,500 SH   SOLE 0 0 0 40,500
PFIZER INC COMMON STOCK 717081103 6,251 144,300 SH   SOLE 0 0 0 144,300
PHYSICIANS REALTY TRUST COMMON STOCK 71943U104 1,622 93,000 SH   SOLE 0 0 0 93,000
PPG INDUSTRIES INC COMMON STOCK 693506107 2,766 23,700 SH   SOLE 0 0 0 23,700
PPL CORP COMMON STOCK 69351T106 2,481 80,000 SH   SOLE 0 0 0 80,000
PREFERRED APARTMENT COMMUN-A COMMON STOCK 74039L103 1,047 70,000 SH   SOLE 0 0 0 70,000
PROLOGIS INC COMMON STOCK 74340W103 7,711 96,265 SH   SOLE 0 0 0 96,265
PUBLIC STORAGE COMMON STOCK 74460D109 5,019 21,074 SH   SOLE 0 0 0 21,074
QTS REALTY TRUST INC-CL A COMMON STOCK 74736A103 1,108 24,000 SH   SOLE 0 0 0 24,000
RALPH LAUREN CORP COMMON STOCK 751212101 2,272 20,000 SH   SOLE 0 0 0 20,000
REGENCY CENTERS CORP COMMON STOCK 758849103 2,036 30,500 SH   SOLE 0 0 0 30,500
REINSURANCE GROUP OF AMERICA COMMON STOCK 759351604 2,340 15,000 SH   SOLE 0 0 0 15,000
RLJ LODGING TRUST COMMON STOCK 74965L101 1,405 79,200 SH   SOLE 0 0 0 79,200
RMR GROUP INC/THE - A COMMON STOCK 74967R106 72 1,531 SH   SOLE 0 0 0 1,531
ROBERT HALF INTL INC COMMON STOCK 770323103 2,178 38,200 SH   SOLE 0 0 0 38,200
ROCKWELL AUTOMATION INC COMMON STOCK 773903109 2,326 14,200 SH   SOLE 0 0 0 14,200
ROSS STORES INC COMMON STOCK 778296103 2,756 27,800 SH   SOLE 0 0 0 27,800
RPT REALTY COMMON STOCK 74971D101 554 45,782 SH   SOLE 0 0 0 45,782
SandP GLOBAL INC COMMON STOCK 78409V104 3,417 15,000 SH   SOLE 0 0 0 15,000
SABRA HEALTH CARE REIT INC COMMON STOCK 78573L106 2,285 116,030 SH   SOLE 0 0 0 116,030
SEI INVESTMENTS COMPANY COMMON STOCK 784117103 2,457 43,800 SH   SOLE 0 0 0 43,800
SENIOR HOUSING PROP TRUST COMMON STOCK 81721M109 1,647 199,100 SH   SOLE 0 0 0 199,100
SHERWIN-WILLIAMS CO/THE COMMON STOCK 824348106 2,841 6,200 SH   SOLE 0 0 0 6,200
SIMON PROPERTY GROUP INC COMMON STOCK 828806109 10,242 64,108 SH   SOLE 0 0 0 64,108
SIMON PROPERTY GROUP INC COMMON STOCK 828806109 2,924 18,300 SH   SOLE 0 0 0 18,300
SKYWORKS SOLUTIONS INC COMMON STOCK 83088M102 2,210 28,600 SH   SOLE 0 0 0 28,600
SL GREEN REALTY CORP COMMON STOCK 78440X101 2,186 27,200 SH   SOLE 0 0 0 27,200
SL GREEN REALTY CORP COMMON STOCK 78440X101 1,360 16,923 SH   SOLE 0 0 0 16,923
SMITH (A.O.) CORP COMMON STOCK 831865209 2,084 44,200 SH   SOLE 0 0 0 44,200
SNAP-ON INC COMMON STOCK 833034101 2,236 13,500 SH   SOLE 0 0 0 13,500
SOUTHERN CO/THE COMMON STOCK 842587107 3,300 59,700 SH   SOLE 0 0 0 59,700
SPIRIT REALTY CAPITAL INC COMMON STOCK 84860W300 1,903 44,600 SH   SOLE 0 0 0 44,600
STAG INDUSTRIAL INC COMMON STOCK 85254J102 1,920 63,500 SH   SOLE 0 0 0 63,500
STARBUCKS CORP COMMON STOCK 855244109 4,292 51,200 SH   SOLE 0 0 0 51,200
STORE CAPITAL CORP COMMON STOCK 862121100 1,660 50,000 SH   SOLE 0 0 0 50,000
STRYKER CORP COMMON STOCK 863667101 3,433 16,700 SH   SOLE 0 0 0 16,700
SUMMIT HOTEL PROPERTIES INC COMMON STOCK 866082100 562 49,000 SH   SOLE 0 0 0 49,000
SUNSTONE HOTEL INVESTORS INC COMMON STOCK 867892101 411 30,000 SH   SOLE 0 0 0 30,000
SYSCO CORP COMMON STOCK 871829107 2,850 40,300 SH   SOLE 0 0 0 40,300
TANGER FACTORY OUTLET CENTER COMMON STOCK 875465106 1,264 78,000 SH   SOLE 0 0 0 78,000
TARGET CORP COMMON STOCK 87612E106 2,858 33,000 SH   SOLE 0 0 0 33,000
TAUBMAN CENTERS INC COMMON STOCK 876664103 653 16,000 SH   SOLE 0 0 0 16,000
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 3,948 34,400 SH   SOLE 0 0 0 34,400
TJX COMPANIES INC COMMON STOCK 872540109 3,205 60,600 SH   SOLE 0 0 0 60,600
TORCHMARK CORP COMMON STOCK 891027104 2,344 26,200 SH   SOLE 0 0 0 26,200
TRACTOR SUPPLY COMPANY COMMON STOCK 892356106 2,698 24,800 SH   SOLE 0 0 0 24,800
TRAVELERS COS INC/THE COMMON STOCK 89417E109 3,050 20,400 SH   SOLE 0 0 0 20,400
UDR INC COMMON STOCK 902653104 2,575 57,367 SH   SOLE 0 0 0 57,367
UMH PROPERTIES INC COMMON STOCK 903002103 466 37,583 SH   SOLE 0 0 0 37,583
UNITEDHEALTH GROUP INC COMMON STOCK 91324P102 5,929 24,300 SH   SOLE 0 0 0 24,300
UNITI GROUP INC COMMON STOCK 91325V108 428 45,000 SH   SOLE 0 0 0 45,000
US BANCORP COMMON STOCK 902973304 3,469 66,200 SH   SOLE 0 0 0 66,200
VENTAS INC COMMON STOCK 92276F100 2,529 37,000 SH   SOLE 0 0 0 37,000
VENTAS INC COMMON STOCK 92276F100 4,271 62,482 SH   SOLE 0 0 0 62,482
VEREIT INC COMMON STOCK 92339V100 2,162 240,000 SH   SOLE 0 0 0 240,000
VEREIT INC COMMON STOCK 92339V100 3,541 393,000 SH   SOLE 0 0 0 393,000
VERIZON COMMUNICATIONS INC COMMON STOCK 92343V104 6,170 108,000 SH   SOLE 0 0 0 108,000
VISA INC-CLASS A SHARES COMMON STOCK 92826C839 7,185 41,400 SH   SOLE 0 0 0 41,400
VORNADO REALTY TRUST COMMON STOCK 929042109 1,780 27,765 SH   SOLE 0 0 0 27,765
VORNADO REALTY TRUST COMMON STOCK 929042109 2,115 33,000 SH   SOLE 0 0 0 33,000
WASHINGTON REIT COMMON STOCK 939653101 428 16,000 SH   SOLE 0 0 0 16,000
WASTE MANAGEMENT INC COMMON STOCK 94106L109 3,311 28,700 SH   SOLE 0 0 0 28,700
WATERS CORP COMMON STOCK 941848103 2,152 10,000 SH   SOLE 0 0 0 10,000
WEINGARTEN REALTY INVESTORS COMMON STOCK 948741103 804 29,336 SH   SOLE 0 0 0 29,336
WELLTOWER INC COMMON STOCK 95040Q104 4,888 59,953 SH   SOLE 0 0 0 59,953
WESTERN UNION CO COMMON STOCK 959802109 2,188 110,000 SH   SOLE 0 0 0 110,000
WW GRAINGER INC COMMON STOCK 384802104 2,092 7,800 SH   SOLE 0 0 0 7,800
YUM! BRANDS INC COMMON STOCK 988498101 3,054 27,600 SH   SOLE 0 0 0 27,600
ZOETIS INC COMMON STOCK 98978V103 3,609 31,800 SH   SOLE 0 0 0 31,800