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
ACADIA RLTY TR COM SH BEN INT 004239109 944 38,260 SH   SOLE   38,260 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 2,314 35,220 SH   SOLE   35,220 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 2,548 62,690 SH   SOLE   62,690 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 1,195 78,340 SH   SOLE   78,340 0 0
AMERICAN TOWER CORP NEW COM 03027X100 13,807 188,700 SH   SOLE   188,700 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 2,610 86,906 SH   SOLE   86,906 0 0
AVALONBAY CMNTYS INC COM 053484101 9,245 68,532 SH   SOLE   68,532 0 0
BIOMED REALTY TRUST INC COM 09063H107 2,261 111,770 SH   SOLE   111,770 0 0
BOSTON PROPERTIES INC COM 101121101 8,494 80,540 SH   SOLE   80,540 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 1,084 80,190 SH   SOLE   80,190 0 0
BRE PROPERTIES INC CL A 05564E106 607 12,150 SH   SOLE   12,150 0 0
CAMDEN PPTY TR SH BEN INT 133131102 2,904 42,010 SH   SOLE   42,010 0 0
CBL & ASSOC PPTYS INC COM 124830100 1,809 84,490 SH   SOLE   84,490 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 641 30,840 SH   SOLE   30,840 0 0
COLONIAL PPTYS TR COM SH BEN INT 195872106 1,091 45,250 SH   SOLE   45,250 0 0
COMMONWEALTH REIT COM SH BEN INT 203233101 1,469 63,547 SH   SOLE   63,547 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 1,315 51,580 SH   SOLE   51,580 0 0
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 1,812 53,520 SH   SOLE   53,520 0 0
COUSINS PPTYS INC COM 222795106 693 68,620 SH   SOLE   68,620 0 0
CUBESMART COM 229663109 1,163 72,820 SH   SOLE   72,820 0 0
DCT INDUSTRIAL TRUST INC COM 233153105 1,300 181,860 SH   SOLE   181,860 0 0
DDR CORP COM 23317H102 2,465 148,060 SH   SOLE   148,060 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 1,278 137,159 SH   SOLE   137,159 0 0
DIGITAL RLTY TR INC COM 253868103 3,826 62,730 SH   SOLE   62,730 0 0
DOUGLAS EMMETT INC COM 25960P109 1,729 69,320 SH   SOLE   69,320 0 0
DUKE REALTY CORP COM NEW 264411505 2,499 160,300 SH   SOLE   160,300 0 0
DUPONT FABROS TECHNOLOGY INC COM 26613Q106 1,113 46,120 SH   SOLE   46,120 0 0
EASTGROUP PPTY INC COM 277276101 1,164 20,700 SH   SOLE   20,700 0 0
EDUCATION RLTY TR INC COM 28140H104 910 89,020 SH   SOLE   89,020 0 0
EPR PPTYS COM SH BEN INT 26884U109 1,280 25,470 SH   SOLE   25,470 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 1,872 23,820 SH   SOLE   23,820 0 0
EQUITY ONE COM 294752100 1,025 45,300 SH   SOLE   45,300 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 10,897 187,690 SH   SOLE   187,690 0 0
ESSEX PPTY TR INC COM 297178105 1,408 8,860 SH   SOLE   8,860 0 0
EXTRA SPACE STORAGE INC COM 30225T102 2,593 61,860 SH   SOLE   61,860 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 3,294 31,780 SH   SOLE   31,780 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 712 53,970 SH   SOLE   53,970 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 5,886 296,264 SH   SOLE   296,264 0 0
GEO GROUP INC COM 36159R103 1,221 35,990 SH   SOLE   35,990 0 0
GOVERNMENT PPTYS INCOME TR COM SHS BEN INT 38376A103 832 33,010 SH   SOLE   33,010 0 0
HCP INC COM 40414L109 9,835 216,440 SH   SOLE   216,440 0 0
HEALTH CARE REIT INC COM 42217K106 10,058 150,060 SH   SOLE   150,060 0 0
HEALTHCARE RLTY TR COM 421946104 1,460 57,270 SH   SOLE   57,270 0 0
HERSHA HOSPITALITY TR SH BEN INT A 427825104 619 109,760 SH   SOLE   109,760 0 0
HIGHWOODS PPTYS INC COM 431284108 1,515 42,560 SH   SOLE   42,560 0 0
HOME PROPERTIES INC COM 437306103 1,797 27,490 SH   SOLE   27,490 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 1,867 71,070 SH   SOLE   71,070 0 0
HOST HOTELS & RESORTS INC COM 44107P104 6,016 356,618 SH   SOLE   356,618 0 0
INLAND REAL ESTATE CORP COM NEW 457461200 528 51,730 SH   SOLE   51,730 0 0
KILROY RLTY CORP COM 49427F108 2,020 38,120 SH   SOLE   38,120 0 0
KIMCO RLTY CORP COM 49446R109 2,764 129,020 SH   SOLE   129,020 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 1,245 50,440 SH   SOLE   50,440 0 0
LEXINGTON REALTY TRUST COM 529043101 1,300 111,320 SH   SOLE   111,320 0 0
LIBERTY PPTY TR SH BEN INT 531172104 814 22,050 SH   SOLE   22,050 0 0
LTC PPTYS INC COM 502175102 789 20,210 SH   SOLE   20,210 0 0
MACERICH CO COM 554382101 4,059 66,586 SH   SOLE   66,586 0 0
MACK CALI RLTY CORP COM 554489104 102 4,180 SH   SOLE   4,180 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 1,184 82,690 SH   SOLE   82,690 0 0
MID-AMER APT CMNTYS INC COM 59522J103 1,491 22,010 SH   SOLE   22,010 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 1,983 57,650 SH   SOLE   57,650 0 0
NATIONAL HEALTH INVS INC COM 63633D104 854 14,280 SH   SOLE   14,280 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 597 19,250 SH   SOLE   19,250 0 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 921 48,800 SH   SOLE   48,800 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 373 20,910 SH   SOLE   20,910 0 0
PLUM CREEK TIMBER CO INC COM 729251108 3,714 79,600 SH   SOLE   79,600 0 0
POST PPTYS INC COM 737464107 1,738 35,120 SH   SOLE   35,120 0 0
POTLATCH CORP NEW COM 737630103 869 21,510 SH   SOLE   21,510 0 0
PROLOGIS INC COM 74340W103 8,937 236,947 SH   SOLE   236,947 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 779 10,800 SH   SOLE   10,800 0 0
PUBLIC STORAGE COM 74460D109 10,461 68,230 SH   SOLE   68,230 0 0
RAYONIER INC COM 754907103 3,390 61,205 SH   SOLE   61,205 0 0
REALTY INCOME CORP COM 756109104 3,954 94,340 SH   SOLE   94,340 0 0
REGENCY CTRS CORP COM 758849103 2,359 46,430 SH   SOLE   46,430 0 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 563 40,570 SH   SOLE   40,570 0 0
RETAIL PPTYS AMER INC CL A 76131V202 1,355 94,950 SH   SOLE   94,950 0 0
RLJ LODGING TR COM 74965L101 1,431 63,670 SH   SOLE   63,670 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 1,169 29,970 SH   SOLE   29,970 0 0
SAUL CTRS INC COM 804395101 433 9,750 SH   SOLE   9,750 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 2,434 93,880 SH   SOLE   93,880 0 0
SIMON PPTY GROUP INC NEW COM 828806109 24,105 152,641 SH   SOLE   152,641 0 0
SL GREEN RLTY CORP COM 78440X101 4,482 50,830 SH   SOLE   50,830 0 0
SOVRAN SELF STORAGE INC COM 84610H108 1,115 17,220 SH   SOLE   17,220 0 0
SPIRIT RLTY CAP INC COM 84860F109 720 40,640 SH   SOLE   40,640 0 0
STRATEGIC HOTELS & RESORTS I COM 86272T106 830 93,790 SH   SOLE   93,790 0 0
SUN CMNTYS INC COM 866674104 5 120 SH   SOLE   120 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 1,324 109,650 SH   SOLE   109,650 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 1,646 49,200 SH   SOLE   49,200 0 0
TAUBMAN CTRS INC COM 876664103 2,730 36,340 SH   SOLE   36,340 0 0
UDR INC COM 902653104 3,146 123,435 SH   SOLE   123,435 0 0
VENTAS INC COM 92276F100 8,247 118,734 SH   SOLE   118,734 0 0
VORNADO RLTY TR SH BEN INT 929042109 7,451 89,937 SH   SOLE   89,937 0 0
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 1,015 37,750 SH   SOLE   37,750 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 464 15,110 SH   SOLE   15,110 0 0
WEYERHAEUSER CO COM 962166104 7,404 259,900 SH   SOLE   259,900 0 0
W P CAREY INC COM 92936U109 1,938 29,290 SH   SOLE   29,290 0 0
3M CO COM 88579Y101 1,964 17,965 SH   SOLE   17,965 0 0
ABBOTT LABS COM 002824100 341 9,795 SH   SOLE   9,795 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 433 6,025 SH   SOLE   6,025 0 0
AETNA INC NEW COM 00817Y108 411 6,470 SH   SOLE   6,470 0 0
AFLAC INC COM 001055102 1,245 21,435 SH   SOLE   21,435 0 0
AIR PRODS & CHEMS INC COM 009158106 679 7,425 SH   SOLE   7,425 0 0
ALTRIA GROUP INC COM 02209S103 2,472 70,665 SH   SOLE   70,665 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 1,175 17,075 SH   SOLE   17,075 0 0
BAXTER INTL INC COM 071813109 1,317 19,015 SH   SOLE   19,015 0 0
BECTON DICKINSON & CO COM 075887109 684 6,925 SH   SOLE   6,925 0 0
BOEING CO COM 097023105 2,473 24,150 SH   SOLE   24,150 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 2,059 46,095 SH   SOLE   46,095 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 313 5,560 SH   SOLE   5,560 0 0
CA INC COM 12673P105 336 11,768 SH   SOLE   11,768 0 0
CAMPBELL SOUP CO COM 134429109 272 6,090 SH   SOLE   6,090 0 0
CENTERPOINT ENERGY INC COM 15189T107 353 15,050 SH   SOLE   15,050 0 0
CENTURYLINK INC COM 156700106 774 21,900 SH   SOLE   21,900 0 0
CHEVRON CORP NEW COM 166764100 4,900 41,410 SH   SOLE   41,410 0 0
COACH INC COM 189754104 576 10,100 SH   SOLE   10,100 0 0
COCA COLA CO COM 191216100 4,492 112,010 SH   SOLE   112,010 0 0
COLGATE PALMOLIVE CO COM 194162103 1,770 30,910 SH   SOLE   30,910 0 0
CONAGRA FOODS INC COM 205887102 22 630 SH   SOLE   630 0 0
CONOCOPHILLIPS COM 20825C104 2,584 42,725 SH   SOLE   42,725 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 77 820 SH   SOLE   820 0 0
CSX CORP COM 126408103 1,324 57,120 SH   SOLE   57,120 0 0
DARDEN RESTAURANTS INC COM 237194105 225 4,470 SH   SOLE   4,470 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 165 2,400 SH   SOLE   2,400 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 329 7,170 SH   SOLE   7,170 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,718 32,725 SH   SOLE   32,725 0 0
EATON CORP PLC SHS G29183103 1,080 16,425 SH   SOLE   16,425 0 0
LILLY ELI & CO COM 532457108 1,723 35,080 SH   SOLE   35,080 0 0
EMERSON ELEC CO COM 291011104 1,373 25,175 SH   SOLE   25,175 0 0
ENSCO PLC SHS CLASS A G3157S106 151 2,610 SH   SOLE   2,610 0 0
ENTERGY CORP NEW COM 29364G103 433 6,225 SH   SOLE   6,225 0 0
EXXON MOBIL CORP COM 30231G102 4,486 49,660 SH   SOLE   49,660 0 0
FEDERATED INVS INC PA CL B 314211103 91 3,325 SH   SOLE   3,325 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 523 12,215 SH   SOLE   12,215 0 0
FIRST FINL BANCORP OH COM 320209109 29 2,000 SH   SOLE   2,000 0 0
FLOWERS FOODS INC COM 343498101 125 5,670 SH   SOLE   5,670 0 0
GARMIN LTD SHS H2906T109 208 5,760 SH   SOLE   5,760 0 0
GENERAL DYNAMICS CORP COM 369550108 907 11,585 SH   SOLE   11,585 0 0
GENERAL ELECTRIC CO COM 369604103 496 21,400 SH   SOLE   21,400 0 0
GENERAL MLS INC COM 370334104 1,101 22,700 SH   SOLE   22,700 0 0
GENUINE PARTS CO COM 372460105 423 5,425 SH   SOLE   5,425 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 251 1,660 SH   SOLE   1,660 0 0
HARRIS CORP DEL COM 413875105 708 14,395 SH   SOLE   14,395 0 0
HASBRO INC COM 418056107 180 4,025 SH   SOLE   4,025 0 0
HELMERICH & PAYNE INC COM 423452101 166 2,660 SH   SOLE   2,660 0 0
HOLLYFRONTIER CORP COM 436106108 461 10,790 SH   SOLE   10,790 0 0
HOME DEPOT INC COM 437076102 4,050 52,290 SH   SOLE   52,290 0 0
HONEYWELL INTL INC COM 438516106 2,208 27,830 SH   SOLE   27,830 0 0
ILLINOIS TOOL WKS INC COM 452308109 1,001 14,475 SH   SOLE   14,475 0 0
INTEL CORP COM 458140100 4,258 175,810 SH   SOLE   175,810 0 0
INTL PAPER CO COM 460146103 684 15,450 SH   SOLE   15,450 0 0
JOHNSON & JOHNSON COM 478160104 4,552 53,020 SH   SOLE   53,020 0 0
KELLOGG CO COM 487836108 560 8,725 SH   SOLE   8,725 0 0
KIMBERLY CLARK CORP COM 494368103 1,310 13,490 SH   SOLE   13,490 0 0
L BRANDS INC COM 501797104 399 8,120 SH   SOLE   8,120 0 0
LEGGETT & PLATT INC COM 524660107 153 4,925 SH   SOLE   4,925 0 0
LOCKHEED MARTIN CORP COM 539830109 1,024 9,450 SH   SOLE   9,450 0 0
LORILLARD INC COM 544147101 335 7,670 SH   SOLE   7,670 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 163 2,465 SH   SOLE   2,465 0 0
MATTEL INC COM 577081102 545 12,050 SH   SOLE   12,050 0 0
MCDONALDS CORP COM 580135101 2,942 29,725 SH   SOLE   29,725 0 0
MCGRAW HILL FINL INC COM 580645109 518 9,750 SH   SOLE   9,750 0 0
MEDTRONIC INC COM 585055106 1,828 35,530 SH   SOLE   35,530 0 0
MERCURY GENL CORP NEW COM 589400100 54 1,250 SH   SOLE   1,250 0 0
MEREDITH CORP COM 589433101 62 1,300 SH   SOLE   1,300 0 0
MICROSOFT CORP COM 594918104 5,009 145,090 SH   SOLE   145,090 0 0
NEWMONT MINING CORP COM 651639106 147 4,920 SH   SOLE   4,920 0 0
NORFOLK SOUTHERN CORP COM 655844108 334 4,610 SH   SOLE   4,610 0 0
NORTHROP GRUMMAN CORP COM 666807102 677 8,185 SH   SOLE   8,185 0 0
OWENS & MINOR INC NEW COM 690732102 73 2,180 SH   SOLE   2,180 0 0
PEPSICO INC COM 713448108 4,436 54,240 SH   SOLE   54,240 0 0
PFIZER INC COM 717081103 355 12,700 SH   SOLE   12,700 0 0
PPL CORP COM 69351T106 616 20,375 SH   SOLE   20,375 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 279 7,465 SH   SOLE   7,465 0 0
PROCTER & GAMBLE CO COM 742718109 4,945 64,230 SH   SOLE   64,230 0 0
RAYTHEON CO COM NEW 755111507 763 11,550 SH   SOLE   11,550 0 0
REYNOLDS AMERICAN INC COM 761713106 548 11,350 SH   SOLE   11,350 0 0
ROCKWELL AUTOMATION INC COM 773903109 401 4,830 SH   SOLE   4,830 0 0
RPC INC COM 749660106 31 2,300 SH   SOLE   2,300 0 0
SCHWEITZER-MAUDUIT INTL INC COM 808541106 53 1,080 SH   SOLE   1,080 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 588 13,130 SH   SOLE   13,130 0 0
SOUTHWEST GAS CORP COM 844895102 205 4,390 SH   SOLE   4,390 0 0
SYSCO CORP COM 871829107 706 20,675 SH   SOLE   20,675 0 0
PRICE T ROWE GROUP INC COM 74144T108 168 2,300 SH   SOLE   2,300 0 0
TEXAS INSTRS INC COM 882508104 1,329 38,140 SH   SOLE   38,140 0 0
UNITED TECHNOLOGIES CORP COM 913017109 2,779 29,910 SH   SOLE   29,910 0 0
UNIVERSAL CORP VA COM 913456109 46 800 SH   SOLE   800 0 0
WAL-MART STORES INC COM 931142103 4,380 58,805 SH   SOLE   58,805 0 0
WALGREEN CO COM 931422109 1,637 37,050 SH   SOLE   37,050 0 0
WASTE MGMT INC DEL COM 94106L109 619 15,350 SH   SOLE   15,350 0 0
WELLS FARGO & CO NEW COM 949746101 282 6,840 SH   SOLE   6,840 0 0
WGL HLDGS INC COM 92924F106 76 1,780 SH   SOLE   1,780 0 0
WILLIAMS COS INC DEL COM 969457100 765 23,590 SH   SOLE   23,590 0 0
WISCONSIN ENERGY CORP COM 976657106 328 8,025 SH   SOLE   8,025 0 0
YUM BRANDS INC COM 988498101 523 7,555 SH   SOLE   7,555 0 0