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 943 35,770 SH   SOLE   35,770 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 3,268 45,040 SH   SOLE   45,040 0 0
AMERICAN ASSETS TR INC COM 024013104 53 1,580 SH   SOLE   1,580 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 2,221 59,490 SH   SOLE   59,490 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 5,660 403,758 SH   SOLE   403,758 0 0
AMERICAN TOWER CORP NEW COM 03027X100 18,506 226,050 SH   SOLE   226,050 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 2,473 81,856 SH   SOLE   81,856 0 0
AVALONBAY CMNTYS INC COM 053484101 9,875 75,202 SH   SOLE   75,202 0 0
AVIV REIT INC MD COM 05381L101 307 12,590 SH   SOLE   12,590 0 0
BIOMED REALTY TRUST INC COM 09063H107 1,265 61,770 SH   SOLE   61,770 0 0
BOSTON PROPERTIES INC COM 101121101 10,084 88,050 SH   SOLE   88,050 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 549 37,970 SH   SOLE   37,970 0 0
BRE PROPERTIES INC CL A 05564E106 3,070 48,910 SH   SOLE   48,910 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 640 30,040 SH   SOLE   30,040 0 0
CAMDEN PPTY TR SH BEN INT 133131102 3,160 46,940 SH   SOLE   46,940 0 0
CBL & ASSOC PPTYS INC COM 124830100 2,060 116,090 SH   SOLE   116,090 0 0
CHAMBERS STR PPTYS COM 157842105 1,133 145,860 SH   SOLE   145,860 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 851 33,080 SH   SOLE   33,080 0 0
COLUMBIA PPTY TR INC COM NEW 198287203 1,963 72,070 SH   SOLE   72,070 0 0
COMMONWEALTH REIT COM SH BEN INT 203233101 1,762 67,027 SH   SOLE   67,027 0 0
CORESITE RLTY CORP COM 21870Q105 720 23,250 SH   SOLE   23,250 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 1,328 49,870 SH   SOLE   49,870 0 0
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 1,977 63,130 SH   SOLE   63,130 0 0
COUSINS PPTYS INC COM 222795106 1,237 107,900 SH   SOLE   107,900 0 0
CROWN CASTLE INTL CORP COM 228227104 12,973 175,840 SH   SOLE   175,840 0 0
CUBESMART COM 229663109 1,705 99,380 SH   SOLE   99,380 0 0
DCT INDUSTRIAL TRUST INC COM 233153105 1,483 188,320 SH   SOLE   188,320 0 0
DDR CORP COM 23317H102 1,743 105,810 SH   SOLE   105,810 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 1,373 116,919 SH   SOLE   116,919 0 0
DIGITAL RLTY TR INC COM 253868103 2,478 46,690 SH   SOLE   46,690 0 0
DOUGLAS EMMETT INC COM 25960P109 2,064 76,070 SH   SOLE   76,070 0 0
DUKE REALTY CORP COM NEW 264411505 3,048 180,590 SH   SOLE   180,590 0 0
DUPONT FABROS TECHNOLOGY INC COM 26613Q106 1,020 42,400 SH   SOLE   42,400 0 0
EASTGROUP PPTY INC COM 277276101 1,178 18,739 SH   SOLE   18,739 0 0
EDUCATION RLTY TR INC COM 28140H104 1,047 106,150 SH   SOLE   106,150 0 0
EMPIRE ST RLTY TR INC CL A 292104106 781 51,730 SH   SOLE   51,730 0 0
EPR PPTYS COM SH BEN INT 26884U109 1,664 31,180 SH   SOLE   31,180 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 2,068 50,880 SH   SOLE   50,880 0 0
EQUITY ONE COM 294752100 1,136 50,880 SH   SOLE   50,880 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 11,963 206,300 SH   SOLE   206,300 0 0
ESSEX PPTY TR INC COM 297178105 4,059 23,870 SH   SOLE   23,870 0 0
EXTRA SPACE STORAGE INC COM 30225T102 2,940 60,610 SH   SOLE   60,610 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 4,653 40,560 SH   SOLE   40,560 0 0
FELCOR LODGING TR INC COM 31430F101 47 5,240 SH   SOLE   5,240 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 470 24,370 SH   SOLE   24,370 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 775 61,560 SH   SOLE   61,560 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 4,349 197,684 SH   SOLE   197,684 0 0
GEO GROUP INC COM 36159R103 1,331 41,310 SH   SOLE   41,310 0 0
GLIMCHER RLTY TR SH BEN INT 379302102 953 95,070 SH   SOLE   95,070 0 0
GOVERNMENT PPTYS INCOME TR COM SHS BEN INT 38376A103 895 35,530 SH   SOLE   35,530 0 0
HCP INC COM 40414L109 7,331 189,000 SH   SOLE   189,000 0 0
HEALTH CARE REIT INC COM 42217K106 9,166 153,800 SH   SOLE   153,800 0 0
HEALTHCARE RLTY TR COM 421946104 1,430 59,220 SH   SOLE   59,220 0 0
HEALTHCARE TR AMER INC CL A 42225P105 1,885 165,570 SH   SOLE   165,570 0 0
HERSHA HOSPITALITY TR SH BEN INT A 427825104 727 124,850 SH   SOLE   124,850 0 0
HIGHWOODS PPTYS INC COM 431284108 1,046 27,240 SH   SOLE   27,240 0 0
HOME PROPERTIES INC COM 437306103 2,289 38,090 SH   SOLE   38,090 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 2,441 85,000 SH   SOLE   85,000 0 0
HOST HOTELS & RESORTS INC COM 44107P104 8,031 396,808 SH   SOLE   396,808 0 0
INLAND REAL ESTATE CORP COM NEW 457461200 669 63,430 SH   SOLE   63,430 0 0
KILROY RLTY CORP COM 49427F108 3,093 52,800 SH   SOLE   52,800 0 0
KIMCO RLTY CORP COM 49446R109 3,429 156,740 SH   SOLE   156,740 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 2,211 70,620 SH   SOLE   70,620 0 0
LEXINGTON REALTY TRUST COM 529043101 1,474 135,120 SH   SOLE   135,120 0 0
LIBERTY PPTY TR SH BEN INT 531172104 1,917 51,880 SH   SOLE   51,880 0 0
LTC PPTYS INC COM 502175102 880 23,400 SH   SOLE   23,400 0 0
MACERICH CO COM 554382101 5,309 85,186 SH   SOLE   85,186 0 0
MACK CALI RLTY CORP COM 554489104 1,143 54,980 SH   SOLE   54,980 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 1,257 98,290 SH   SOLE   98,290 0 0
MID-AMER APT CMNTYS INC COM 59522J103 1,765 25,855 SH   SOLE   25,855 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 2,361 68,810 SH   SOLE   68,810 0 0
NATIONAL HEALTH INVS INC COM 63633D104 1,096 18,140 SH   SOLE   18,140 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 1,321 39,420 SH   SOLE   39,420 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 485 14,380 SH   SOLE   14,380 0 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 798 44,220 SH   SOLE   44,220 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 1,624 94,730 SH   SOLE   94,730 0 0
PLUM CREEK TIMBER CO INC COM 729251108 4,045 96,240 SH   SOLE   96,240 0 0
POST PPTYS INC COM 737464107 1,568 31,940 SH   SOLE   31,940 0 0
POTLATCH CORP NEW COM 737630103 925 23,930 SH   SOLE   23,930 0 0
PROLOGIS INC COM 74340W103 11,784 288,617 SH   SOLE   288,617 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 1,323 15,830 SH   SOLE   15,830 0 0
PUBLIC STORAGE COM 74460D109 10,835 64,310 SH   SOLE   64,310 0 0
RAYONIER INC COM 754907103 3,197 69,655 SH   SOLE   69,655 0 0
REALTY INCOME CORP COM 756109104 3,232 79,110 SH   SOLE   79,110 0 0
REGENCY CTRS CORP COM 758849103 2,621 51,340 SH   SOLE   51,340 0 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 747 50,040 SH   SOLE   50,040 0 0
RETAIL PPTYS AMER INC CL A 76131V202 1,782 131,630 SH   SOLE   131,630 0 0
RLJ LODGING TR COM 74965L101 1,898 71,000 SH   SOLE   71,000 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 1,243 29,240 SH   SOLE   29,240 0 0
SAUL CTRS INC COM 804395101 511 10,810 SH   SOLE   10,810 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 2,377 105,810 SH   SOLE   105,810 0 0
SIMON PPTY GROUP INC NEW COM 828806109 28,414 173,261 SH   SOLE   173,261 0 0
SL GREEN RLTY CORP COM 78440X101 5,161 51,300 SH   SOLE   51,300 0 0
SOVRAN SELF STORAGE INC COM 84610H108 1,419 19,330 SH   SOLE   19,330 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 2,555 232,761 SH   SOLE   232,761 0 0
STRATEGIC HOTELS & RESORTS I COM 86272T106 1,096 107,610 SH   SOLE   107,610 0 0
SUN CMNTYS INC COM 866674104 210 4,670 SH   SOLE   4,670 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 1,785 130,020 SH   SOLE   130,020 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 973 27,800 SH   SOLE   27,800 0 0
TAUBMAN CTRS INC COM 876664103 2,538 35,860 SH   SOLE   35,860 0 0
UDR INC COM 902653104 2,373 91,885 SH   SOLE   91,885 0 0
VENTAS INC COM 92276F100 10,351 170,904 SH   SOLE   170,904 0 0
VORNADO RLTY TR SH BEN INT 929042109 9,602 97,427 SH   SOLE   97,427 0 0
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 255 10,720 SH   SOLE   10,720 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 1,883 62,780 SH   SOLE   62,780 0 0
WEYERHAEUSER CO COM 962166104 9,073 309,150 SH   SOLE   309,150 0 0
W P CAREY INC COM 92936U109 2,803 46,670 SH   SOLE   46,670 0 0
3M CO COM 88579Y101 2,705 19,945 SH   SOLE   19,945 0 0
ABBVIE INC COM 00287Y109 419 8,160 SH   SOLE   8,160 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 554 6,960 SH   SOLE   6,960 0 0
AETNA INC NEW COM 00817Y108 455 6,070 SH   SOLE   6,070 0 0
AFLAC INC COM 001055102 1,144 18,155 SH   SOLE   18,155 0 0
AIR PRODS & CHEMS INC COM 009158106 213 1,795 SH   SOLE   1,795 0 0
ALLIANT ENERGY CORP COM 018802108 199 3,520 SH   SOLE   3,520 0 0
ALTRIA GROUP INC COM 02209S103 2,363 63,145 SH   SOLE   63,145 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 65 5,380 SH   SOLE   5,380 0 0
AT&T INC COM 00206R102 5,765 164,400 SH   SOLE   164,400 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 1,160 15,015 SH   SOLE   15,015 0 0
BAXTER INTL INC COM 071813109 614 8,355 SH   SOLE   8,355 0 0
BECTON DICKINSON & CO COM 075887109 463 3,955 SH   SOLE   3,955 0 0
BOEING CO COM 097023105 2,719 21,670 SH   SOLE   21,670 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 246 4,700 SH   SOLE   4,700 0 0
CA INC COM 12673P105 890 28,758 SH   SOLE   28,758 0 0
CAMPBELL SOUP CO COM 134429109 273 6,090 SH   SOLE   6,090 0 0
CHEVRON CORP NEW COM 166764100 5,742 48,290 SH   SOLE   48,290 0 0
CLOROX CO DEL COM 189054109 342 3,890 SH   SOLE   3,890 0 0
COACH INC COM 189754104 462 9,320 SH   SOLE   9,320 0 0
COCA COLA CO COM 191216100 4,037 104,440 SH   SOLE   104,440 0 0
COLGATE PALMOLIVE CO COM 194162103 1,794 27,660 SH   SOLE   27,660 0 0
COMPASS MINERALS INTL INC COM 20451N101 87 1,060 SH   SOLE   1,060 0 0
CONAGRA FOODS INC COM 205887102 413 13,320 SH   SOLE   13,320 0 0
CONOCOPHILLIPS COM 20825C104 3,355 47,695 SH   SOLE   47,695 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 82 850 SH   SOLE   850 0 0
CSX CORP COM 126408103 1,512 52,210 SH   SOLE   52,210 0 0
DARDEN RESTAURANTS INC COM 237194105 226 4,470 SH   SOLE   4,470 0 0
DOW CHEM CO COM 260543103 1,852 38,130 SH   SOLE   38,130 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,971 29,375 SH   SOLE   29,375 0 0
EATON CORP PLC SHS G29183103 1,131 15,065 SH   SOLE   15,065 0 0
LILLY ELI & CO COM 532457108 1,837 31,220 SH   SOLE   31,220 0 0
EMERSON ELEC CO COM 291011104 1,487 22,275 SH   SOLE   22,275 0 0
EXXON MOBIL CORP COM 30231G102 5,190 53,140 SH   SOLE   53,140 0 0
FASTENAL CO COM 311900104 406 8,250 SH   SOLE   8,250 0 0
FIFTH THIRD BANCORP COM 316773100 230 10,050 SH   SOLE   10,050 0 0
FIRST FINL BANCORP OH COM 320209109 32 1,820 SH   SOLE   1,820 0 0
FLOWERS FOODS INC COM 343498101 121 5,670 SH   SOLE   5,670 0 0
GANNETT INC COM 364730101 223 8,110 SH   SOLE   8,110 0 0
GENERAL DYNAMICS CORP COM 369550108 1,122 10,305 SH   SOLE   10,305 0 0
GENERAL MLS INC COM 370334104 1,025 19,790 SH   SOLE   19,790 0 0
BLOCK H & R INC COM 093671105 291 9,640 SH   SOLE   9,640 0 0
HARRIS CORP DEL COM 413875105 247 3,385 SH   SOLE   3,385 0 0
HELMERICH & PAYNE INC COM 423452101 346 3,220 SH   SOLE   3,220 0 0
HOLLYFRONTIER CORP COM 436106108 299 6,300 SH   SOLE   6,300 0 0
HOME DEPOT INC COM 437076102 3,530 44,620 SH   SOLE   44,620 0 0
ILLINOIS TOOL WKS INC COM 452308109 1,007 12,385 SH   SOLE   12,385 0 0
INTEL CORP COM 458140100 4,066 157,550 SH   SOLE   157,550 0 0
INTL PAPER CO COM 460146103 637 13,900 SH   SOLE   13,900 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 109 7,820 SH   SOLE   7,820 0 0
JOHNSON & JOHNSON COM 478160104 5,255 53,500 SH   SOLE   53,500 0 0
JPMORGAN CHASE & CO COM 46625H100 236 3,900 SH   SOLE   3,900 0 0
KELLOGG CO COM 487836108 510 8,140 SH   SOLE   8,140 0 0
KIMBERLY CLARK CORP COM 494368103 1,325 12,020 SH   SOLE   12,020 0 0
LOCKHEED MARTIN CORP COM 539830109 1,397 8,560 SH   SOLE   8,560 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 296 3,330 SH   SOLE   3,330 0 0
MATTEL INC COM 577081102 432 10,790 SH   SOLE   10,790 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 296 8,950 SH   SOLE   8,950 0 0
MCDONALDS CORP COM 580135101 3,074 31,365 SH   SOLE   31,365 0 0
MEREDITH CORP COM 589433101 60 1,310 SH   SOLE   1,310 0 0
METLIFE INC COM 59156R108 230 4,370 SH   SOLE   4,370 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 281 5,890 SH   SOLE   5,890 0 0
MICROSOFT CORP COM 594918104 5,967 145,580 SH   SOLE   145,580 0 0
NORFOLK SOUTHERN CORP COM 655844108 351 3,620 SH   SOLE   3,620 0 0
NORTHROP GRUMMAN CORP COM 666807102 847 6,865 SH   SOLE   6,865 0 0
OMNICOM GROUP INC COM 681919106 574 7,910 SH   SOLE   7,910 0 0
OWENS & MINOR INC NEW COM 690732102 76 2,180 SH   SOLE   2,180 0 0
PARTNERRE LTD COM G6852T105 154 1,490 SH   SOLE   1,490 0 0
PEPSICO INC COM 713448108 4,640 55,580 SH   SOLE   55,580 0 0
PFIZER INC COM 717081103 5,004 155,800 SH   SOLE   155,800 0 0
PROCTER & GAMBLE CO COM 742718109 5,679 70,470 SH   SOLE   70,470 0 0
QUEST DIAGNOSTICS INC COM 74834L100 264 4,570 SH   SOLE   4,570 0 0
QUESTAR CORP COM 748356102 131 5,550 SH   SOLE   5,550 0 0
RAYTHEON CO COM NEW 755111507 984 9,970 SH   SOLE   9,970 0 0
REYNOLDS AMERICAN INC COM 761713106 527 9,870 SH   SOLE   9,870 0 0
ROCK-TENN CO CL A 772739207 299 2,840 SH   SOLE   2,840 0 0
RPC INC COM 749660106 46 2,300 SH   SOLE   2,300 0 0
DONNELLEY R R & SONS CO COM 257867101 112 6,270 SH   SOLE   6,270 0 0
SCHWEITZER-MAUDUIT INTL INC COM 808541106 48 1,130 SH   SOLE   1,130 0 0
SONOCO PRODS CO COM 835495102 146 3,580 SH   SOLE   3,580 0 0
STAPLES INC COM 855030102 700 61,800 SH   SOLE   61,800 0 0
SYSCO CORP COM 871829107 669 18,535 SH   SOLE   18,535 0 0
PRICE T ROWE GROUP INC COM 74144T108 84 1,030 SH   SOLE   1,030 0 0
TARGET CORP COM 87612E106 1,212 20,030 SH   SOLE   20,030 0 0
TEXAS INSTRS INC COM 882508104 1,620 34,360 SH   SOLE   34,360 0 0
TUPPERWARE BRANDS CORP COM 899896104 156 1,870 SH   SOLE   1,870 0 0
UMPQUA HLDGS CORP COM 904214103 66 3,560 SH   SOLE   3,560 0 0
UNITED PARCEL SERVICE INC CL B 911312106 2,172 22,310 SH   SOLE   22,310 0 0
UNITED TECHNOLOGIES CORP COM 913017109 3,117 26,680 SH   SOLE   26,680 0 0
UNITEDHEALTH GROUP INC COM 91324P102 460 5,620 SH   SOLE   5,620 0 0
UNIVERSAL CORP VA COM 913456109 44 800 SH   SOLE   800 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 5,730 120,470 SH   SOLE   120,470 0 0
WADDELL & REED FINL INC CL A 930059100 198 2,690 SH   SOLE   2,690 0 0
WAL-MART STORES INC COM 931142103 3,918 51,265 SH   SOLE   51,265 0 0
WESTERN UN CO COM 959802109 593 36,250 SH   SOLE   36,250 0 0
WILLIAMS COS INC DEL COM 969457100 880 21,690 SH   SOLE   21,690 0 0
WISCONSIN ENERGY CORP COM 976657106 333 7,155 SH   SOLE   7,155 0 0