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 COM 88579Y101 938 5,687 SH   SOLE   5,687 0 0
ABBOTT LABORATORIES COM 002824100 217 4,679 SH   SOLE   4,679 0 0
ABBVIE INC COM 00287Y109 290 4,951 SH   SOLE   4,951 0 0
ACADIA REALTY TRUST COM SH BEN INT 004239109 37,123 1,064,299 SH   SOLE   1,064,299 0 0
ACCENTURE PLC SHS CLASS A G1151C101 183 1,950 SH   SOLE   1,950 0 0
ACE LIMITED SHS H0023R105 115 1,031 SH   SOLE   1,031 0 0
ACTAVIS PLC SHS G0083B108 347 1,165 SH   SOLE   1,165 0 0
ACTIVISION BLIZZARD INC COM 00507V109 39 1,710 SH   SOLE   1,710 0 0
ADOBE SYSTEMS INC COM 00724F101 109 1,472 SH   SOLE   1,472 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 34 227 SH   SOLE   227 0 0
AES CORP COM 00130H105 29 2,257 SH   SOLE   2,257 0 0
AETNA INC COM 00817Y108 116 1,093 SH   SOLE   1,093 0 0
AFFILIATED MANAGERS GROUP INC COM 008252108 37 173 SH   SOLE   173 0 0
AFLAC INC COM 001055102 94 1,467 SH   SOLE   1,467 0 0
AGCO CORPORATION COM 001084102 15 319 SH   SOLE   319 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 48 1,147 SH   SOLE   1,147 0 0
AGREE REALTY CORPORATION COM 008492100 19 570 SH   SOLE   570 0 0
AIR PRODUCTS & CHEMICALS INC COM 009158106 524 3,464 SH   SOLE   3,464 0 0
AIRGAS INC COM 009363102 22 209 SH   SOLE   209 0 0
AKAMAI TECHNOLOGIES COM 00971T101 43 600 SH   SOLE   600 0 0
ALBEMARLE CORPORATION COM 012653101 18 350 SH   SOLE   350 0 0
ALCOA INC COM 013817101 51 3,923 SH   SOLE   3,923 0 0
ALEXANDER'S INC COM 014752109 59 130 SH   SOLE   130 0 0
ALEXANDRIA REAL ESTATE COM 015271109 13,125 133,879 SH   SOLE   133,879 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 107 616 SH   SOLE   616 0 0
ALKERMES PLC SHS G01767105 28 454 SH   SOLE   454 0 0
ALLEGHANY CORPORATION COM 017175100 24 50 SH   SOLE   50 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 59 199 SH   SOLE   199 0 0
ALLIANT ENERGY CORP COM 018802108 48 769 SH   SOLE   769 0 0
ALLSTATE CORP COM 020002101 93 1,303 SH   SOLE   1,303 0 0
ALLY FINANCIAL INC COM 02005N100 25 1,200 SH   SOLE   1,200 0 0
ALTERA CORPORATION COM 021441100 45 1,051 SH   SOLE   1,051 0 0
ALTRIA GROUP INC COM 02209S103 307 6,142 SH   SOLE   6,142 0 0
AMAZON.COM INC COM 023135106 2,353 6,323 SH   SOLE   6,323 0 0
AMEREN CORPORATION COM 023608102 32 754 SH   SOLE   754 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 33 623 SH   SOLE   623 0 0
AMERICAN ASSETS TRUST INC COM 024013104 47 1,080 SH   SOLE   1,080 0 0
AMERICAN CAMPUS COMMUNITIES COM 024835100 84,575 1,972,836 SH   SOLE   1,972,836 0 0
AMERICAN CAPITAL AGENCY CORPORATION COM 02503X105 47 2,222 SH   SOLE   2,222 0 0
AMERICAN ELECTRIC POWER COM 025537101 86 1,520 SH   SOLE   1,520 0 0
AMERICAN EXPRESS CO COM 025816109 226 2,894 SH   SOLE   2,894 0 0
AMERICAN HOMES 4 RENT-A CL A 02665T306 71 4,300 SH   SOLE   4,300 0 0
AMERICAN INTERNATIONAL GROUP COM NEW 026874784 238 4,350 SH   SOLE   4,350 0 0
AMERICAN REALTY CAPITAL PROPERTIES INC COM 02917T104 298 30,250 SH   SOLE   30,250 0 0
AMERICAN RESIDENTIAL PROPERTIES INC COM 02927E303 16 900 SH   SOLE   900 0 0
AMERICAN TOWER CORPORATION COM 03027X100 267,068 2,836,624 SH   SOLE   2,836,624 0 0
AMERICAN TOWER CORPORATION-A 5.25% PFD CONV SER A 03027X308 8,276 80,200 SH   SOLE   80,200 0 0
AMERICAN WATER WORKS CO INC COM 030420103 33 600 SH   SOLE   600 0 0
AMERIPRISE FINANCIAL INC COM 03076C106 75 573 SH   SOLE   573 0 0
AMERISOURCEBERGEN CORP COM 03073E105 100 880 SH   SOLE   880 0 0
AMETEK INC COM 031100100 40 764 SH   SOLE   764 0 0
AMGEN INC COM 031162100 378 2,364 SH   SOLE   2,364 0 0
AMPHENOL CORPORATION-CL A CL A 032095101 57 962 SH   SOLE   962 0 0
ANADARKO PETROLEUM CORP COM 032511107 130 1,574 SH   SOLE   1,574 0 0
ANALOG DEVICES INC COM 032654105 61 976 SH   SOLE   976 0 0
ANNALY CAPITAL MANAGEMENT INC COM 035710409 55 5,306 SH   SOLE   5,306 0 0
ANSYS INC COM 03662Q105 25 286 SH   SOLE   286 0 0
ANTERO RESOURCES CORPORATION COM 03674X106 8 240 SH   SOLE   240 0 0
ANTHEM INC COM 036752103 130 839 SH   SOLE   839 0 0
AON PLC SHS CL A G0408V102 81 842 SH   SOLE   842 0 0
APACHE CORP COM 037411105 71 1,170 SH   SOLE   1,170 0 0
APARTMENT INVT & MGMT CO-A CL A 03748R101 182 4,620 SH   SOLE   4,620 0 0
APPLE INC COM 037833100 2,268 18,226 SH   SOLE   18,226 0 0
APPLIED MATERIALS INC COM 038222105 85 3,786 SH   SOLE   3,786 0 0
ARCH CAPITAL GROUP LTD ORD G0450A105 25 401 SH   SOLE   401 0 0
ARCHER-DANIELS-MIDLAND CO COM 039483102 95 2,001 SH   SOLE   2,001 0 0
ARMADA HOFFLER PROPERTIES INC COM 04208T108 7 700 SH   SOLE   700 0 0
ARROW ELECTRONICS INC COM 042735100 18 301 SH   SOLE   301 0 0
ASHFORD HOSPITALITY PRIME INC COM 044102101 10 600 SH   SOLE   600 0 0
ASHFORD HOSPITALITY TRUST COM SHS 044103109 26 2,700 SH   SOLE   2,700 0 0
ASHLAND INC COM 044209104 26 205 SH   SOLE   205 0 0
ASSOCIATED ESTATES REALTY CORPORATION COM 045604105 42 1,700 SH   SOLE   1,700 0 0
ASSURANT INC COM 04621X108 13 218 SH   SOLE   218 0 0
AT&T INC COM 00206R102 2,005 61,419 SH   SOLE   61,419 0 0
AUTODESK INC COM 052769106 41 706 SH   SOLE   706 0 0
AUTOLIV INC COM 052800109 33 281 SH   SOLE   281 0 0
AUTOMATIC DATA PROCESSING COM 053015103 1,897 22,153 SH   SOLE   22,153 0 0
AUTONATION INC COM 05329W102 16 255 SH   SOLE   255 0 0
AUTOZONE INC COM 053332102 68 100 SH   SOLE   100 0 0
AVAGO TECHNOLOGIES LIMITED SHS Y0486S104 100 786 SH   SOLE   786 0 0
AVALONBAY COMMUNITIES INC COM 053484101 374,812 2,151,003 SH   SOLE   2,151,003 0 0
AVERY DENNISON CORPORATION COM 053611109 15 283 SH   SOLE   283 0 0
AVIV REIT INC COM 05381L101 26 700 SH   SOLE   700 0 0
AVNET INC COM 053807103 22 500 SH   SOLE   500 0 0
AVON PRODUCTS INC COM 054303102 12 1,516 SH   SOLE   1,516 0 0
AXIS CAPITAL HOLDINGS LIMITED SHS G0692U109 18 350 SH   SOLE   350 0 0
B/E AEROSPACE INC COM 073302101 23 366 SH   SOLE   366 0 0
BAKER HUGHES INC COM 057224107 86 1,345 SH   SOLE   1,345 0 0
BALL CORPORATION COM 058498106 32 456 SH   SOLE   456 0 0
BANK OF AMERICA CORPORATION COM 060505104 503 32,681 SH   SOLE   32,681 0 0
BANK OF NEW YORK MELLON CORP/THE COM 064058100 141 3,498 SH   SOLE   3,498 0 0
BARD (C.R.) INC COM 067383109 39 233 SH   SOLE   233 0 0
BAXTER INTERNATIONAL INC. COM 071813109 115 1,684 SH   SOLE   1,684 0 0
BB&T CORPORATION COM 054937107 87 2,238 SH   SOLE   2,238 0 0
BECTON DICKINSON & CO COM 075887109 93 647 SH   SOLE   647 0 0
BED BATH & BEYOND INC COM 075896100 44 576 SH   SOLE   576 0 0
BERKSHIRE HATHAWAY INC-CL B CL B NEW 084670702 518 3,590 SH   SOLE   3,590 0 0
BEST BUY CO INC COM 086516101 38 1,000 SH   SOLE   1,000 0 0
BIOGEN INC COM 09062X103 310 734 SH   SOLE   734 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 61 492 SH   SOLE   492 0 0
BIOMED REALTY TRUST INC COM 09063H107 202,250 8,925,433 SH   SOLE   8,925,433 0 0
BLACKROCK INC COM 09247X101 150 411 SH   SOLE   411 0 0
BOEING CO COM 097023105 533 3,550 SH   SOLE   3,550 0 0
BORGWARNER INC COM 099724106 466 7,707 SH   SOLE   7,707 0 0
BOSTON PROPERTIES INC COM 101121101 364,053 2,591,497 SH   SOLE   2,591,497 0 0
BOSTON SCIENTIFIC CORP COM 101137107 73 4,122 SH   SOLE   4,122 0 0
BRANDYWINE REALTY SH BEN INT NEW 105368203 86 5,400 SH   SOLE   5,400 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 332 5,155 SH   SOLE   5,155 0 0
BRIXMOR PROPERTY GROUP INC COM 11120U105 803 30,261 SH   SOLE   30,261 0 0
BROADCOM CORP-CL A CL A 111320107 73 1,684 SH   SOLE   1,684 0 0
BROWN-FORMAN CORPORATION-CLASS B CL B 115637209 62 681 SH   SOLE   681 0 0
BUNGE LIMITED COM G16962105 41 496 SH   SOLE   496 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 250 3,409 SH   SOLE   3,409 0 0
CA INC COM 12673P105 34 1,037 SH   SOLE   1,037 0 0
CABLEVISION SYSTEMS-NY GRP-A CL A NY CABLVS 12686C109 13 700 SH   SOLE   700 0 0
CABOT OIL & GAS CORPORATION COM 127097103 41 1,382 SH   SOLE   1,382 0 0
CALPINE CORPORATION COM NEW 131347304 27 1,200 SH   SOLE   1,200 0 0
CAMDEN PROPERTY TRUST SH BEN INT 133131102 163,024 2,086,569 SH   SOLE   2,086,569 0 0
CAMERON INTERNATIONAL CORPORATION COM 13342B105 30 663 SH   SOLE   663 0 0
CAMPBELL SOUP COMPANY COM 134429109 53 1,135 SH   SOLE   1,135 0 0
CAMPUS CREST COMMUNITIES INC COM 13466Y105 13 1,800 SH   SOLE   1,800 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 136 1,728 SH   SOLE   1,728 0 0
CARDINAL HEALTH INC COM 14149Y108 93 1,028 SH   SOLE   1,028 0 0
CARETRUST REIT INC COM 14174T107 11 800 SH   SOLE   800 0 0
CARMAX INC COM 143130102 46 669 SH   SOLE   669 0 0
CARNIVAL CORP(US) PAIRED CTF 143658300 61 1,282 SH   SOLE   1,282 0 0
CATCHMARK TIMBER TRUST INC CL A 14912Y202 4 300 SH   SOLE   300 0 0
CATERPILLAR INC COM 149123101 143 1,787 SH   SOLE   1,787 0 0
CBL & ASSOCIATES PROPERTIES COM 124830100 101 5,100 SH   SOLE   5,100 0 0
CBRE GROUP INC CL A 12504L109 40 1,040 SH   SOLE   1,040 0 0
CBS CORP-CLASS B CL B 124857202 91 1,493 SH   SOLE   1,493 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 19 2,500 SH   SOLE   2,500 0 0
CELANESE CORP-SERIES A COM SER A 150870103 27 477 SH   SOLE   477 0 0
CELGENE CORP COM 151020104 286 2,482 SH   SOLE   2,482 0 0
CENTERPOINT ENERGY INC COM 15189T107 34 1,681 SH   SOLE   1,681 0 0
CENTURYLINK INC COM 156700106 61 1,774 SH   SOLE   1,774 0 0
CERNER CORPORATION COM 156782104 70 955 SH   SOLE   955 0 0
CF INDUSTRIES HOLDINGS INC COM 125269100 44 155 SH   SOLE   155 0 0
CHAMBERS STREET PROPERTIES COM 157842105 56 7,100 SH   SOLE   7,100 0 0
CHARTER COMMUNICATION INC-A CL A NEW 16117M305 46 238 SH   SOLE   238 0 0
CHATHAM LODGING TRUST COM 16208T102 35 1,180 SH   SOLE   1,180 0 0
CHENIERE ENERGY INC COM NEW 16411R208 54 699 SH   SOLE   699 0 0
CHESAPEAKE ENERGY CORP COM 165167107 25 1,800 SH   SOLE   1,800 0 0
CHESAPEAKE LODGING TRUST SH BEN INT 165240102 54 1,610 SH   SOLE   1,610 0 0
CHEVRON CORP COM 166764100 617 5,875 SH   SOLE   5,875 0 0
CHICAGO BRIDGE & IRON CO NV COM 167250109 15 303 SH   SOLE   303 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 62 96 SH   SOLE   96 0 0
CHUBB CORP COM 171232101 74 733 SH   SOLE   733 0 0
CHURCH & DWIGHT CO INC COM 171340102 61 716 SH   SOLE   716 0 0
CIGNA CORP COM 125509109 105 813 SH   SOLE   813 0 0
CIMAREX ENERGY CO COM 171798101 35 300 SH   SOLE   300 0 0
CINCINNATI FINANCIAL CORP COM 172062101 26 483 SH   SOLE   483 0 0
CINTAS CORPORATION COM 172908105 25 309 SH   SOLE   309 0 0
CISCO SYSTEMS INC COM 17275R102 437 15,891 SH   SOLE   15,891 0 0
CIT GROUP INC COM NEW 125581801 26 569 SH   SOLE   569 0 0
CITIGROUP INC COM NEW 172967424 485 9,414 SH   SOLE   9,414 0 0
CITRIX SYSTEMS INC COM 177376100 32 500 SH   SOLE   500 0 0
CLEAN ENERGY FUELS CORPORATION COM 184499101 423 79,200 SH   SOLE   79,200 0 0
CLOROX COMPANY COM 189054109 66 602 SH   SOLE   602 0 0
CME GROUP INC COM 12572Q105 94 994 SH   SOLE   994 0 0
CMS ENERGY CORPORATION COM 125896100 2,774 79,458 SH   SOLE   79,458 0 0
COACH INC COM 189754104 35 856 SH   SOLE   856 0 0
COBALT INTERNATIONAL ENERGY INC COM 19075F106 9 1,000 SH   SOLE   1,000 0 0
COCA-COLA CO/THE COM 191216100 497 12,250 SH   SOLE   12,250 0 0
COCA-COLA ENTERPRISES INC COM 19122T109 32 714 SH   SOLE   714 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CORP-A CL A 192446102 118 1,892 SH   SOLE   1,892 0 0
COLGATE-PALMOLIVE CO COM 194162103 217 3,132 SH   SOLE   3,132 0 0
COLUMBIA PROPERTY TRUST INC COM NEW 198287203 102 3,760 SH   SOLE   3,760 0 0
COMCAST CORP-CL A CL A 20030N101 1,874 33,182 SH   SOLE   33,182 0 0
COMCAST CORP-SPECIAL CL A CL A SPL 20030N200 73 1,294 SH   SOLE   1,294 0 0
COMERICA INC COM 200340107 27 609 SH   SOLE   609 0 0
COMPUTER SCIENCES CORP COM 205363104 29 437 SH   SOLE   437 0 0
CONAGRA FOODS INC COM 205887102 56 1,520 SH   SOLE   1,520 0 0
CONCHO RESOURCES INC COM 20605P101 41 351 SH   SOLE   351 0 0
CONOCOPHILLIPS COM 20825C104 238 3,825 SH   SOLE   3,825 0 0
CONSOL ENERGY INC COM 20854P109 22 801 SH   SOLE   801 0 0
CONSOLIDATED EDISON INC COM 209115104 56 910 SH   SOLE   910 0 0
CONSTELLATION BRANDS INC-A CL A 21036P108 61 527 SH   SOLE   527 0 0
CONSUMER STAPLES SELECT SECTOR SPDR ETF SBI CONS ATPLS 81369Y308 49,812 1,022,000 SH   SOLE   1,022,000 0 0
CONTINENTAL RESOURCES INC COM 212015101 13 289 SH   SOLE   289 0 0
CORE LABORATORIES NV COM N22717107 14 136 SH   SOLE   136 0 0
CORENERGY INFRASTRUCTURE TRUST INC COM 21870U205 3 500 SH   SOLE   500 0 0
CORESITE REALTY CORPORATION COM 21870Q105 32 650 SH   SOLE   650 0 0
CORNING INC COM 219350105 90 3,983 SH   SOLE   3,983 0 0
CORPORATE OFFICE PROPERTIES SH BEN INT 22002T108 82 2,790 SH   SOLE   2,790 0 0
CORRECTIONS CORPORATION OF AMERICA COM NEW 22025Y407 86,536 2,149,440 SH   SOLE   2,149,440 0 0
COSTCO WHOLESALE CORP COM 22160K105 206 1,360 SH   SOLE   1,360 0 0
COUSINS PROPERTIES INC COM 222795106 1,559 147,050 SH   SOLE   147,050 0 0
CREE INC COM 225447101 412 11,597 SH   SOLE   11,597 0 0
CROWN CASTLE INTERNATIONAL CORP-A 4.5% CNV PFD STK SR A 22822V200 5,262 50,200 SH   SOLE   50,200 0 0
CROWN CASTLE INTERNATIONAL CORPORATION COM 22822V101 177,489 2,150,337 SH   SOLE   2,150,337 0 0
CROWN HOLDINGS INC COM 228368106 27 498 SH   SOLE   498 0 0
CSX CORP COM 126408103 102 3,093 SH   SOLE   3,093 0 0
CUBESMART COM 229663109 69,999 2,898,495 SH   SOLE   2,898,495 0 0
CUMMINS INC COM 231021106 289 2,087 SH   SOLE   2,087 0 0
CVS HEALTH CORPORATION COM 126650100 368 3,562 SH   SOLE   3,562 0 0
CYRUSONE INC COM 23283R100 34 1,080 SH   SOLE   1,080 0 0
DANAHER CORP COM 235851102 167 1,965 SH   SOLE   1,965 0 0
DARDEN RESTAURANTS INC COM 237194105 33 470 SH   SOLE   470 0 0
DAVITA HEALTHCARE PARTNERS INC COM 23918K108 68 834 SH   SOLE   834 0 0
DCT INDUSTRIAL TRUST INC COM NEW 233153204 78,696 2,270,507 SH   SOLE   2,270,507 0 0
DDR CORPORATION COM 23317H102 69,009 3,706,150 SH   SOLE   3,706,150 0 0
DEERE & CO COM 244199105 93 1,058 SH   SOLE   1,058 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 73 920 SH   SOLE   920 0 0
DELTA AIR LINES INC COM NEW 247361702 31 700 SH   SOLE   700 0 0
DENTSPLY INTERNATIONAL INC COM 249030107 25 500 SH   SOLE   500 0 0
DEVON ENERGY CORPORATION COM 25179M103 76 1,261 SH   SOLE   1,261 0 0
DIAMOND OFFSHORE DRILLING INC COM 25271C102 8 300 SH   SOLE   300 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 4,879 345,315 SH   SOLE   345,315 0 0
DICK'S SPORTING GOODS INC COM 253393102 20 357 SH   SOLE   357 0 0
DIGITAL REALTY TRUST INC COM 253868103 290 4,401 SH   SOLE   4,401 0 0
DIRECTV COM 25490A309 126 1,483 SH   SOLE   1,483 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 79 1,409 SH   SOLE   1,409 0 0
DISCOVERY COMMUNICATIONS -C COM SER C 25470F302 25 848 SH   SOLE   848 0 0
DISCOVERY COMMUNICATIONS INC -A COM SER A 25470F104 14 450 SH   SOLE   450 0 0
DISH NETWORK CORPORATION-A CL A 25470M109 48 691 SH   SOLE   691 0 0
DOLLAR GENERAL CORPORATION COM 256677105 71 943 SH   SOLE   943 0 0
DOLLAR TREE INC COM 256746108 52 639 SH   SOLE   639 0 0
DOMINION RESOURCES INC/VA COM 25746U109 11,340 160,015 SH   SOLE   160,015 0 0
DOUGLAS EMMETT INC COM 25960P109 11,232 376,791 SH   SOLE   376,791 0 0
DOVER CORP COM 260003108 245 3,544 SH   SOLE   3,544 0 0
DOW CHEMICAL COM 260543103 176 3,662 SH   SOLE   3,662 0 0
DR HORTON INC COM 23331A109 31 1,076 SH   SOLE   1,076 0 0
DR PEPPER SNAPPLE GROUP INC(US) COM 26138E109 47 604 SH   SOLE   604 0 0
DTE ENERGY COMPANY COM 233331107 69 850 SH   SOLE   850 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 795 11,120 SH   SOLE   11,120 0 0
DUKE ENERGY CORPORATION COM NEW 26441C204 1,520 19,798 SH   SOLE   19,798 0 0
DUKE REALTY CORP COM NEW 264411505 174,821 8,030,381 SH   SOLE   8,030,381 0 0
DUN & BRADSTREET CORP COM 26483E100 14 112 SH   SOLE   112 0 0
DUPONT FABROS TECHNOLOGY INC COM 26613Q106 63 1,940 SH   SOLE   1,940 0 0
EASTGROUP PROPERTIES COM 277276101 52,391 871,156 SH   SOLE   871,156 0 0
EASTMAN CHEMICAL COMPANY COM 277432100 35 500 SH   SOLE   500 0 0
EATON CORPORATION PLC SHS G29183103 501 7,375 SH   SOLE   7,375 0 0
EATON VANCE CORPORATION COM NON VTG 278265103 18 429 SH   SOLE   429 0 0
EBAY INC COM 278642103 1,769 30,675 SH   SOLE   30,675 0 0
ECOLAB INC COM 278865100 96 839 SH   SOLE   839 0 0
EDISON INTERNATIONAL COM 281020107 6,101 97,662 SH   SOLE   97,662 0 0
EDUCATION REALTY TRUST INC COM NEW 28140H203 50 1,400 SH   SOLE   1,400 0 0
EDWARDS LIFESCIENCES CORPORATION COM 28176E108 47 332 SH   SOLE   332 0 0
ELECTRONIC ARTS INC COM 285512109 57 966 SH   SOLE   966 0 0
ELI LILLY & CO COM 532457108 226 3,114 SH   SOLE   3,114 0 0
EMC CORP/MASSACHUSETTS COM 268648102 162 6,324 SH   SOLE   6,324 0 0
EMERSON ELECTRIC CO COM 291011104 122 2,156 SH   SOLE   2,156 0 0
EMPIRE STATE REALTY TRUST INC CL A 292104106 47,730 2,537,474 SH   SOLE   2,537,474 0 0
ENBRIDGE ENERGY MANAGEMENT LLC SHS UNITS LLI 29250X103 20,043 550,922 SH   SOLE   550,922 0 0
ENDO INTERNATIONAL PLC SHS G30401106 49 549 SH   SOLE   549 0 0
ENERGEN CORPORATION COM 29265N108 15 227 SH   SOLE   227 0 0
ENERGIZER HOLDINGS INC COM 29266R108 54 393 SH   SOLE   393 0 0
ENPHASE ENERGY INC COM 29355A107 402 30,500 SH   SOLE   30,500 0 0
ENSCO PLC-CLASS A SHS CLASS A G3157S106 18 845 SH   SOLE   845 0 0
ENTERGY CORP COM 29364G103 68 880 SH   SOLE   880 0 0
EOG RESOURCES INC COM 26875P101 156 1,703 SH   SOLE   1,703 0 0
EPR PROPERTIES COM SH BEN INT 26884U109 127,823 2,129,312 SH   SOLE   2,129,312 0 0
EQT CORPORATION COM 26884L109 42 510 SH   SOLE   510 0 0
EQUIFAX INC COM 294429105 35 375 SH   SOLE   375 0 0
EQUINIX INC COM PAR $0.001 29444U700 180 771 SH   SOLE   771 0 0
EQUITY COMMONWEALTH COM SH BEN INT 294628102 100 3,770 SH   SOLE   3,770 0 0
EQUITY LIFESTYLE PROPERTIES INC COM 29472R108 130 2,360 SH   SOLE   2,360 0 0
EQUITY ONE INC COM 294752100 76,722 2,874,559 SH   SOLE   2,874,559 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 389,475 5,002,243 SH   SOLE   5,002,243 0 0
ESSEX PROPERTY TRUST INC COM 297178105 371,315 1,615,117 SH   SOLE   1,615,117 0 0
ESTEE LAUDER COMPANIES INC-CL A CL A 518439104 60 719 SH   SOLE   719 0 0
EVEREST RE GROUP LTD COM G3223R108 25 141 SH   SOLE   141 0 0
EVERSOURCE ENERGY COM 30040W108 20,844 412,584 SH   SOLE   412,584 0 0
EXCEL TRUST INC COM 30068C109 27 1,900 SH   SOLE   1,900 0 0
EXELON CORP COM 30161N101 90 2,671 SH   SOLE   2,671 0 0
EXPEDIA INC COM NEW 30212P303 30 318 SH   SOLE   318 0 0
EXPEDITORS INTERNATIONAL OF WASHINGTON COM 302130109 53 1,100 SH   SOLE   1,100 0 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 198 2,281 SH   SOLE   2,281 0 0
EXTRA SPACE STORAGE INC COM 30225T102 14,108 208,798 SH   SOLE   208,798 0 0
EXXON MOBIL CORP COM 30231G102 1,328 15,624 SH   SOLE   15,624 0 0
F5 NETWORKS INC COM 315616102 26 229 SH   SOLE   229 0 0
FACEBOOK INC-A CL A 30303M102 2,147 26,120 SH   SOLE   26,120 0 0
FAMILY DOLLAR STORES COM 307000109 25 320 SH   SOLE   320 0 0
FASTENAL CO COM 311900104 36 875 SH   SOLE   875 0 0
FEDERAL REALTY INVESTMENT SH BEN INT NEW 313747206 221,754 1,506,382 SH   SOLE   1,506,382 0 0
FEDEX CORP COM 31428X106 138 836 SH   SOLE   836 0 0
FELCOR LODGING TRUST COM 31430F101 39 3,400 SH   SOLE   3,400 0 0
FIDELITY NATIONAL INFORMATION SERVICES COM 31620M106 60 882 SH   SOLE   882 0 0
FIFTH THIRD BANCORP COM 316773100 48 2,561 SH   SOLE   2,561 0 0
FIREEYE INC COM 31816Q101 12 296 SH   SOLE   296 0 0
FIRST INDUSTRIAL REALTY COM 32054K103 69 3,200 SH   SOLE   3,200 0 0
FIRST POTOMAC REALTY COM 33610F109 21 1,800 SH   SOLE   1,800 0 0
FIRST REPUBLIC BANK/CA COM 33616C100 23 408 SH   SOLE   408 0 0
FIRST SOLAR INC COM 336433107 508 8,500 SH   SOLE   8,500 0 0
FIRSTENERGY CORP COM 337932107 46 1,308 SH   SOLE   1,308 0 0
FISERV INC COM 337738108 60 758 SH   SOLE   758 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 37 242 SH   SOLE   242 0 0
FLEXTRONICS INTERNATIONAL LTD ORD Y2573F102 25 1,960 SH   SOLE   1,960 0 0
FLIR SYSTEMS INC COM 302445101 15 473 SH   SOLE   473 0 0
FLOWSERVE CORPORATION COM 34354P105 24 424 SH   SOLE   424 0 0
FLUOR CORP COM 343412102 28 485 SH   SOLE   485 0 0
FMC CORPORATION COM NEW 302491303 24 414 SH   SOLE   414 0 0
FMC TECHNOLOGIES INC COM 30249U101 28 766 SH   SOLE   766 0 0
FNF GROUP FNF GROUP COM 31620R303 29 777 SH   SOLE   777 0 0
FOOT LOCKER INC COM 344849104 32 500 SH   SOLE   500 0 0
FORD MOTOR CO COM PAR $0.01 345370860 604 37,453 SH   SOLE   37,453 0 0
FOSSIL GROUP INC COM 34988V106 12 143 SH   SOLE   143 0 0
FRANKLIN RESOURCES INC COM 354613101 65 1,257 SH   SOLE   1,257 0 0
FRANKLIN STREET PROPERTIES COM 35471R106 33 2,600 SH   SOLE   2,600 0 0
FREEPORT-MCMORAN INC CL B 35671D857 61 3,229 SH   SOLE   3,229 0 0
FRONTIER COMMUNICATIONS CORPORATION COM 35906A108 24 3,419 SH   SOLE   3,419 0 0
GAMESTOP CORP-CLASS A CL A 36467W109 15 400 SH   SOLE   400 0 0
GAMING AND LEISURE PROPERTIES INC COM 36467J108 99 2,690 SH   SOLE   2,690 0 0
GAP INC/THE COM 364760108 36 842 SH   SOLE   842 0 0
GARMIN LIMITED SHS H2906T109 18 374 SH   SOLE   374 0 0
GENERAL DYNAMICS CORP COM 369550108 119 875 SH   SOLE   875 0 0
GENERAL ELECTRIC CO(US) COM 369604103 1,191 48,007 SH   SOLE   48,007 0 0
GENERAL GROWTH PROPERTIES INC COM 370023103 5,496 185,997 SH   SOLE   185,997 0 0
GENERAL MILLS INC COM 370334104 129 2,276 SH   SOLE   2,276 0 0
GENERAL MOTORS CO COM 37045V100 150 3,994 SH   SOLE   3,994 0 0
GENUINE PARTS CO COM 372460105 44 475 SH   SOLE   475 0 0
GENWORTH FINANCIAL INC-CL A COM CL A 37247D106 12 1,668 SH   SOLE   1,668 0 0
GETTY REALTY CORP COM 374297109 13 700 SH   SOLE   700 0 0
GILEAD SCIENCES INC COM 375558103 460 4,688 SH   SOLE   4,688 0 0
GLADSTONE COMMERCIAL CORPORATION COM 376536108 11 600 SH   SOLE   600 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 229 1,218 SH   SOLE   1,218 0 0
GOOGLE INC-CL A CL A 38259P508 1,527 2,752 SH   SOLE   2,752 0 0
GOOGLE INC-CL C CL C 38259P706 1,528 2,788 SH   SOLE   2,788 0 0
GOVERNMENT PROPERTIES INCOME TRUST COM SHS BEN INT 38376A103 40,302 1,763,765 SH   SOLE   1,763,765 0 0
GRAMERCY PROPERTY TRUST INC COM NEW 38489R605 36 1,290 SH   SOLE   1,290 0 0
H&R BLOCK INC COM 093671105 27 855 SH   SOLE   855 0 0
HALLIBURTON CO COM 406216101 116 2,634 SH   SOLE   2,634 0 0
HANESBRANDS INC COM 410345102 42 1,240 SH   SOLE   1,240 0 0
HARLEY-DAVIDSON INC COM 412822108 40 666 SH   SOLE   666 0 0
HARRIS CORPORATION COM 413875105 26 325 SH   SOLE   325 0 0
HARTFORD FINANCIAL SERVICES GROUP INC COM 416515104 56 1,341 SH   SOLE   1,341 0 0
HASBRO INC COM 418056107 24 373 SH   SOLE   373 0 0
HCA HOLDINGS INC COM 40412C101 75 1,000 SH   SOLE   1,000 0 0
HCP INC COM 40414L109 324,768 7,516,049 SH   SOLE   7,516,049 0 0
HEALTH CARE REIT INC COM 42217K106 628,013 8,118,061 SH   SOLE   8,118,061 0 0
HEALTH CARE REIT INC-I 6.5% PFD PER CON I 42217K601 17,139 255,200 SH   SOLE   255,200 0 0
HEALTH CARE SELECT SECTOR SPDR FUND ETF SBI HEALTHCARE 81369Y209 49,445 682,000 SH   SOLE   682,000 0 0
HEALTHCARE REALTY TRUST INC COM 421946104 120,648 4,342,970 SH   SOLE   4,342,970 0 0
HEALTHCARE TRUST OF AMERICA INC CL A NEW 42225P501 56,996 2,045,795 SH   SOLE   2,045,795 0 0
HELMERICH & PAYNE INC COM 423452101 23 336 SH   SOLE   336 0 0
HENRY SCHEIN INC COM 806407102 65 462 SH   SOLE   462 0 0
HERMAN MILLER INC COM 600544100 372 13,400 SH   SOLE   13,400 0 0
HERSHA HOSPITALITY TRUST SH BEN INT A 427825104 57,793 8,932,487 SH   SOLE   8,932,487 0 0
HERSHEY CO/THE COM 427866108 48 473 SH   SOLE   473 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 33 1,500 SH   SOLE   1,500 0 0
HESS CORPORATION COM 42809H107 57 836 SH   SOLE   836 0 0
HEWLETT-PACKARD COMPANY COM 428236103 523 16,800 SH   SOLE   16,800 0 0
HIGHWOODS PROPERTIES INC COM 431284108 166,735 3,642,093 SH   SOLE   3,642,093 0 0
HILTON WORLDWIDE HOLDINGS INC COM 43300A104 39 1,300 SH   SOLE   1,300 0 0
HOLLYFRONTIER CORPORATION COM 436106108 23 578 SH   SOLE   578 0 0
HOLOGIC INC COM 436440101 26 794 SH   SOLE   794 0 0
HOME DEPOT INC COM 437076102 465 4,095 SH   SOLE   4,095 0 0
HOME PROPERTIES INC COM 437306103 119 1,720 SH   SOLE   1,720 0 0
HONEYWELL INTERNATIONAL INC COM 438516106 241 2,311 SH   SOLE   2,311 0 0
HORMEL FOODS CORPORATION COM 440452100 28 498 SH   SOLE   498 0 0
HOSPIRA INC COM 441060100 46 526 SH   SOLE   526 0 0
HOSPITALITY PROPERTIES TRUST COM SH BEN INT 44106M102 149 4,510 SH   SOLE   4,510 0 0
HOST HOTELS & RESORTS COM 44107P104 163,321 8,093,227 SH   SOLE   8,093,227 0 0
HUDSON CITY BANCORP INC COM 443683107 40 3,800 SH   SOLE   3,800 0 0
HUDSON PACIFIC PROPERTIES INC COM 444097109 34,153 1,029,024 SH   SOLE   1,029,024 0 0
HUMANA INC COM 444859102 85 477 SH   SOLE   477 0 0
HUNTINGTON BANCSHARES INC COM 446150104 30 2,700 SH   SOLE   2,700 0 0
IHS INC-CLASS A CL A 451734107 24 212 SH   SOLE   212 0 0
ILLINOIS TOOL WORKS COM 452308109 112 1,154 SH   SOLE   1,154 0 0
ILLUMINA INC COM 452327109 82 441 SH   SOLE   441 0 0
INCYTE CORP COM 45337C102 46 500 SH   SOLE   500 0 0
INDEPENDENCE REALTY TRUST IN COM 45378A106 4 400 SH   SOLE   400 0 0
INDUSTRIAL SELECT SECTOR SPDR FUND ETF SBI INT-INDS 81369Y704 49,858 894,000 SH   SOLE   894,000 0 0
INGERSOLL-RAND PLC SHS G47791101 489 7,178 SH   SOLE   7,178 0 0
INLAND REAL ESTATE CORP COM NEW 457461200 28 2,600 SH   SOLE   2,600 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 18 248 SH   SOLE   248 0 0
INTEL CORP COM 458140100 470 15,025 SH   SOLE   15,025 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104 82 350 SH   SOLE   350 0 0
INTERNATIONAL FLAVORS & FRAGRANCES INC COM 459506101 30 252 SH   SOLE   252 0 0
INTERNATIONAL PAPER CO COM 460146103 69 1,251 SH   SOLE   1,251 0 0
INTERPUBLIC GROUP OF COMPANIES INC COM 460690100 31 1,385 SH   SOLE   1,385 0 0
INTL BUSINESS MACHINES CORPORATION COM 459200101 886 5,522 SH   SOLE   5,522 0 0
INTUIT INC COM 461202103 82 843 SH   SOLE   843 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 57 113 SH   SOLE   113 0 0
INVESCO LIMITED SHS G491BT108 53 1,339 SH   SOLE   1,339 0 0
INVESTORS REAL ESTATE TRUST SH BEN INT 461730103 28 3,700 SH   SOLE   3,700 0 0
IRON MOUNTAIN INC COM 46284V101 219 5,992 SH   SOLE   5,992 0 0
ISHARES IBOXX INVESTMENT GRA ETF IBOXX INV CP ETF 464287242 20,971 172,300 SH   SOLE   172,300 0 0
ISHARES MSCI EMERGING MARKET ETF MSCI EMG MKT ETF 464287234 57 1,410 SH   SOLE   1,410 0 0
ISHARES SHORT TREASURY BOND ETF SHRT TRS BD ETF 464288679 165 1,500 SH   SOLE   1,500 0 0
ISHARES US PREFERRED STOCK ETF U.S. PFD STK ETF 464288687 1,135 28,300 SH   SOLE   28,300 0 0
ISHARES US TREASURY BOND ETF CORE US TR BD 46429B267 10,415 407,800 SH   SOLE   407,800 0 0
ISIS PHARMACEUTICALS INC COM 464330109 23 367 SH   SOLE   367 0 0
ITC HOLDINGS CORPORATION COM 465685105 412 11,000 SH   SOLE   11,000 0 0
ITRON INC COM 465741106 438 12,000 SH   SOLE   12,000 0 0
J.B. HUNT TRANSPORT SERVICES INC COM 445658107 25 291 SH   SOLE   291 0 0
JACOBS ENGINEERING GROUP INC COM 469814107 23 500 SH   SOLE   500 0 0
JARDEN CORPORATION COM 471109108 30 568 SH   SOLE   568 0 0
JAZZ PHARMACEUTICALS PLC SHS USD G50871105 35 200 SH   SOLE   200 0 0
JOHNSON & JOHNSON COM 478160104 1,089 10,829 SH   SOLE   10,829 0 0
JOHNSON CONTROLS INC COM 478366107 543 10,770 SH   SOLE   10,770 0 0
JOY GLOBAL INC COM 481165108 12 305 SH   SOLE   305 0 0
JPMORGAN CHASE & CO COM 46625H100 2,279 37,617 SH   SOLE   37,617 0 0
JUNIPER NETWORKS INC COM 48203R104 27 1,210 SH   SOLE   1,210 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 35 343 SH   SOLE   343 0 0
KELLOGG COMPANY COM 487836108 64 973 SH   SOLE   973 0 0
KEURIG GREEN MOUNTAIN INC COM 49271M100 42 378 SH   SOLE   378 0 0
KEYCORP COM 493267108 41 2,930 SH   SOLE   2,930 0 0
KILROY REALTY CORP COM 49427F108 152,520 2,002,365 SH   SOLE   2,002,365 0 0
KIMBERLY-CLARK CORP COM 494368103 146 1,362 SH   SOLE   1,362 0 0
KIMCO REALTY CORP COM 49446R109 245,016 9,125,374 SH   SOLE   9,125,374 0 0
KINDER MORGAN INC COM 49456B101 36,706 872,694 SH   SOLE   872,694 0 0
KITE REALTY GROUP TRUST COM NEW 49803T300 70 2,470 SH   SOLE   2,470 0 0
KLA-TENCOR CORPORATION COM 482480100 34 575 SH   SOLE   575 0 0
KOHLS CORP COM 500255104 53 671 SH   SOLE   671 0 0
KRAFT FOODS GROUP INC COM 50076Q106 159 1,830 SH   SOLE   1,830 0 0
KROGER CO COM 501044101 111 1,450 SH   SOLE   1,450 0 0
L BRANDS INC COM 501797104 73 772 SH   SOLE   772 0 0
L-3 COMMUNICATIONS HOLDINGS COM 502424104 33 265 SH   SOLE   265 0 0
LABORATORY CORP OF AMERICA HOLDINGS COM NEW 50540R409 63 500 SH   SOLE   500 0 0
LAM RESEARCH CORP COM 512807108 35 494 SH   SOLE   494 0 0
LAMAR ADVERTISING COMPANY CL A 512816109 47 800 SH   SOLE   800 0 0
LAS VEGAS SANDS CORP COM 517834107 69 1,246 SH   SOLE   1,246 0 0
LASALLE HOTEL PROPERTIES COM SH BEN INT 517942108 44,445 1,143,730 SH   SOLE   1,143,730 0 0
LEGG MASON INC COM 524901105 21 386 SH   SOLE   386 0 0
LEGGETT & PLATT INC COM 524660107 23 508 SH   SOLE   508 0 0
LENNAR CORPORATION-CLASS A CL A 526057104 31 600 SH   SOLE   600 0 0
LEUCADIA NATIONAL CORPORATION COM 527288104 25 1,100 SH   SOLE   1,100 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 52 959 SH   SOLE   959 0 0
LEXINGTON REALTY TRUST COM 529043101 63 6,400 SH   SOLE   6,400 0 0
LIBERTY GLOBAL PLC-A SHS CL A G5480U104 40 770 SH   SOLE   770 0 0
LIBERTY GLOBAL PLC-C SHS CL C G5480U120 98 1,976 SH   SOLE   1,976 0 0
LIBERTY INTERACTIVE CORPORATION-A INT COM SER A 53071M104 41 1,389 SH   SOLE   1,389 0 0
LIBERTY MEDIA CORPORATION CL A 531229102 15 400 SH   SOLE   400 0 0
LIBERTY MEDIA CORPORATION-C COM SER C 531229300 27 700 SH   SOLE   700 0 0
LIBERTY PROPERTY TRUST SH BEN INT 531172104 245,641 6,880,698 SH   SOLE   6,880,698 0 0
LINCOLN NATIONAL CORP COM 534187109 50 862 SH   SOLE   862 0 0
LINEAR TECHNOLOGY CORP COM 535678106 246 5,266 SH   SOLE   5,266 0 0
LINKEDIN CORPORATION-A COM CL A 53578A108 84 337 SH   SOLE   337 0 0
LKQ CORPORATION COM 501889208 25 969 SH   SOLE   969 0 0
LOCKHEED MARTIN CORP COM 539830109 169 835 SH   SOLE   835 0 0
LOEWS CORPORATION COM 540424108 43 1,046 SH   SOLE   1,046 0 0
LORILLARD INC COM 544147101 93 1,419 SH   SOLE   1,419 0 0
LOWE'S COS INC COM 548661107 228 3,068 SH   SOLE   3,068 0 0
LTC PROPERTIES INC COM 502175102 36,690 797,598 SH   SOLE   797,598 0 0
LULULEMON ATHLETICA INC COM 550021109 21 334 SH   SOLE   334 0 0
LYONDELLBASELL INDUSTRIES NV-CLASS A SHS - A - N53745100 116 1,322 SH   SOLE   1,322 0 0
M & T BANK CORP COM 55261F104 51 400 SH   SOLE   400 0 0
MACK-CALI REALTY CORP COM 554489104 48 2,500 SH   SOLE   2,500 0 0
MACY'S INC COM 55616P104 70 1,075 SH   SOLE   1,075 0 0
MALLINCKRODT PLC SHS G5785G107 46 361 SH   SOLE   361 0 0
MANPOWER GROUP COM 56418H100 24 281 SH   SOLE   281 0 0
MARATHON OIL CORP COM 565849106 55 2,097 SH   SOLE   2,097 0 0
MARATHON PETROLEUM CORPORATION COM 56585A102 89 871 SH   SOLE   871 0 0
MARRIOTT INTERNATIONAL-CL A CL A 571903202 57 704 SH   SOLE   704 0 0
MARSH & MCLENNAN COS COM 571748102 94 1,681 SH   SOLE   1,681 0 0
MARTIN MARIETTA MATERIALS INC COM 573284106 28 200 SH   SOLE   200 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 19 1,274 SH   SOLE   1,274 0 0
MASCO CORP COM 574599106 32 1,200 SH   SOLE   1,200 0 0
MASTERCARD INC.-CLASS A CL A 57636Q104 1,850 21,413 SH   SOLE   21,413 0 0
MATTEL INC COM 577081102 28 1,207 SH   SOLE   1,207 0 0
MAXIM INTEGRATED PRODUCTS INC COM 57772K101 35 1,000 SH   SOLE   1,000 0 0
MCCORMICK & CO-NON VTG SHRS COM NON VTG 579780206 53 685 SH   SOLE   685 0 0
MCDONALD'S CORP COM 580135101 295 3,024 SH   SOLE   3,024 0 0
MCGRAW HILL FINANCIAL INC COM 580645109 87 844 SH   SOLE   844 0 0
MCKESSON CORP COM 58155Q103 163 721 SH   SOLE   721 0 0
MDU RESOURCES GROUP INC COM 552690109 15 700 SH   SOLE   700 0 0
MEAD JOHNSON NUTRITION COMPANY COM 582839106 63 628 SH   SOLE   628 0 0
MEADWESTVACO CORPORATION COM 583334107 28 557 SH   SOLE   557 0 0
MEDICAL PROPERTIES TRUST COM 58463J304 91 6,200 SH   SOLE   6,200 0 0
MEDIVATION INC COM 58501N101 31 241 SH   SOLE   241 0 0
MEDTRONIC PLC SHS G5960L103 343 4,401 SH   SOLE   4,401 0 0
MELCO CROWN ENTERTAINMENT LTD-ADR ADR 585464100 1,288 60,000 SH   SOLE   60,000 0 0
MERCK & CO. INC. COM 58933Y105 509 8,859 SH   SOLE   8,859 0 0
METLIFE INC COM 59156R108 152 3,001 SH   SOLE   3,001 0 0
METTLER-TOLEDO INTERNATIONAL INC COM 592688105 29 89 SH   SOLE   89 0 0
MGM RESORTS INTERNATIONAL COM 552953101 27 1,287 SH   SOLE   1,287 0 0
MICHAEL KORS HOLDINGS LIMITED SHS G60754101 42 640 SH   SOLE   640 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 34 700 SH   SOLE   700 0 0
MICRON TECHNOLOGY INC COM 595112103 91 3,336 SH   SOLE   3,336 0 0
MICROSOFT CORP COM 594918104 989 24,335 SH   SOLE   24,335 0 0
MID-AMERICA APARTMENT COM 59522J103 255,548 3,307,204 SH   SOLE   3,307,204 0 0
MOHAWK INDUSTRIES INC COM 608190104 36 193 SH   SOLE   193 0 0
MOLSON COORS BREWING CO-B CL B 60871R209 35 475 SH   SOLE   475 0 0
MONDELEZ INTERNATIONAL INC CL A 609207105 188 5,221 SH   SOLE   5,221 0 0
MONMOUTH REAL ESTATE INVESTMENT COR-CL A CL A 609720107 20 1,800 SH   SOLE   1,800 0 0
MONOGRAM RESIDENTIAL TRUST INC COM 60979P105 45 4,800 SH   SOLE   4,800 0 0
MONSANTO CO COM 61166W101 169 1,504 SH   SOLE   1,504 0 0
MONSTER BEVERAGE CORPORATION COM 611740101 61 443 SH   SOLE   443 0 0
MOODY'S CORP COM 615369105 61 583 SH   SOLE   583 0 0
MORGAN STANLEY COM NEW 617446448 163 4,562 SH   SOLE   4,562 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 47 700 SH   SOLE   700 0 0
MURPHY OIL CORPORATION COM 626717102 28 593 SH   SOLE   593 0 0
MYLAN NV SHS EURO N59465109 69 1,163 SH   SOLE   1,163 0 0
NABORS INDUSTRIES LTD SHS G6359F103 13 946 SH   SOLE   946 0 0
NASDAQ OMX GROUP INC COM 631103108 22 439 SH   SOLE   439 0 0
NATIONAL HEALTH INVESTORS INC COM 63633D104 5,949 83,770 SH   SOLE   83,770 0 0
NATIONAL OILWELL VARCO INC COM 637071101 67 1,338 SH   SOLE   1,338 0 0
NATIONAL RETAIL PROPERTIES INC COM 637417106 223,553 5,456,513 SH   SOLE   5,456,513 0 0
NAVIENT CORPORATION COM 63938C108 29 1,408 SH   SOLE   1,408 0 0
NETAPP INC COM 64110D104 34 969 SH   SOLE   969 0 0
NETFLIX INC COM 64110L106 74 178 SH   SOLE   178 0 0
NETSUITE INC COM 64118Q107 10 107 SH   SOLE   107 0 0
NEW JERSEY RESOURCES CORPORATION COM 646025106 419 13,500 SH   SOLE   13,500 0 0
NEW SENIOR INVESTMENT GROUP COM 648691103 32 1,900 SH   SOLE   1,900 0 0
NEW YORK COMMUNITY BANCORP INC COM 649445103 33 1,957 SH   SOLE   1,957 0 0
NEW YORK REIT INC COM 64976L109 51 4,900 SH   SOLE   4,900 0 0
NEWELL RUBBERMAID INC COM 651229106 33 842 SH   SOLE   842 0 0
NEWMONT MINING CORP COM 651639106 37 1,700 SH   SOLE   1,700 0 0
NEWS CORPRATION-CLASS A CL A 65249B109 21 1,325 SH   SOLE   1,325 0 0
NEXTERA ENERGY INC COM 65339F101 2,035 19,556 SH   SOLE   19,556 0 0
NIELSEN NV COM N63218106 49 1,100 SH   SOLE   1,100 0 0
NIKE INC -CL B CL B 654106103 213 2,125 SH   SOLE   2,125 0 0
NISOURCE INC COM 65473P105 15,079 341,454 SH   SOLE   341,454 0 0
NOBLE CORPORATION PLC SHS USD G65431101 13 908 SH   SOLE   908 0 0
NOBLE ENERGY INC COM 655044105 56 1,154 SH   SOLE   1,154 0 0
NORDSTROM INC COM 655664100 36 443 SH   SOLE   443 0 0
NORFOLK SOUTHERN CORP COM 655844108 305 2,962 SH   SOLE   2,962 0 0
NORTHERN TRUST CORP COM 665859104 48 695 SH   SOLE   695 0 0
NORTHROP GRUMMAN CORP COM 666807102 96 596 SH   SOLE   596 0 0
NORTHSTAR REALTY FINANCE CORPORATION COM NEW 66704R704 62 3,400 SH   SOLE   3,400 0 0
NORTHWEST NATURAL GAS COMPANY COM 667655104 432 9,000 SH   SOLE   9,000 0 0
NORWEGIAN CRUISE LINE HOLDINGS LTD SHS G66721104 15 284 SH   SOLE   284 0 0
NRG ENERGY INC COM NEW 629377508 29 1,166 SH   SOLE   1,166 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 13 898 SH   SOLE   898 0 0
NUCOR CORP COM 670346105 47 991 SH   SOLE   991 0 0
NVIDIA CORP COM 67066G104 38 1,801 SH   SOLE   1,801 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 177 2,423 SH   SOLE   2,423 0 0
OCEANEERING INTERNATIONAL INC COM 675232102 22 400 SH   SOLE   400 0 0
OGE ENERGY CORPORATION COM 670837103 22 703 SH   SOLE   703 0 0
OMEGA HEALTHCARE INVESTORS COM 681936100 155,673 3,837,143 SH   SOLE   3,837,143 0 0
OMNICARE INC COM 681904108 50 652 SH   SOLE   652 0 0
OMNICOM GROUP COM 681919106 60 771 SH   SOLE   771 0 0
ONE LIBERTY PROPERTIES INC COM 682406103 7 300 SH   SOLE   300 0 0
ONEOK INC COM 682680103 32 672 SH   SOLE   672 0 0
ORACLE CORPORATION COM 68389X105 475 11,017 SH   SOLE   11,017 0 0
O'REILLY AUTOMOTIVE INC COM 67103H107 68 315 SH   SOLE   315 0 0
ORMAT TECHNOLOGIES INC COM 686688102 532 14,000 SH   SOLE   14,000 0 0
OUTFRONT MEDIA INC COM 69007J106 42 1,400 SH   SOLE   1,400 0 0
OWENS CORNING INC COM 690742101 460 10,600 SH   SOLE   10,600 0 0
OWENS-ILLINOIS INC COM NEW 690768403 14 583 SH   SOLE   583 0 0
P G & E CORPORATION COM 69331C108 492 9,276 SH   SOLE   9,276 0 0
PACCAR INC COM 693718108 69 1,100 SH   SOLE   1,100 0 0
PALL CORPORATION COM 696429307 33 332 SH   SOLE   332 0 0
PALO ALTO NETWORKS INC COM 697435105 31 213 SH   SOLE   213 0 0
PARAMOUNT GROUP INC COM 69924R108 29 1,500 SH   SOLE   1,500 0 0
PARKER HANNIFIN CORP COM 701094104 55 462 SH   SOLE   462 0 0
PARKWAY PROPERTIES INC COM 70159Q104 43 2,500 SH   SOLE   2,500 0 0
PARTNERRE LTD COM G6852T105 16 137 SH   SOLE   137 0 0
PATTERSON COMPANIES INC COM 703395103 13 259 SH   SOLE   259 0 0
PAYCHEX INC COM 704326107 288 5,795 SH   SOLE   5,795 0 0
PEBBLEBROOK HOTEL TRUST COM 70509V100 35,252 756,959 SH   SOLE   756,959 0 0
PENN REAL ESTATE INVESTMENT SH BEN INT 709102107 46 2,000 SH   SOLE   2,000 0 0
PENTAIR PLC SHS G7S00T104 36 580 SH   SOLE   580 0 0
PEOPLE'S UNITED FINANCIAL INC COM 712704105 39 2,560 SH   SOLE   2,560 0 0
PEPCO HOLDINGS INC COM 713291102 21 783 SH   SOLE   783 0 0
PEPSICO INC COM 713448108 445 4,651 SH   SOLE   4,651 0 0
PERRIGO CO PLC SHS G97822103 93 562 SH   SOLE   562 0 0
PFIZER INC COM 717081103 681 19,580 SH   SOLE   19,580 0 0
PHARMACYCLICS INC COM 716933106 51 200 SH   SOLE   200 0 0
PHILIP MORRIS INTERNATIONAL INC COM 718172109 364 4,828 SH   SOLE   4,828 0 0
PHILLIPS 66 COM 718546104 135 1,720 SH   SOLE   1,720 0 0
PHYSICIANS REALTY TRUST COM 71943U104 33 1,900 SH   SOLE   1,900 0 0
PIEDMONT OFFICE REALTY TRUST INC-A COM CL A 720190206 138,120 7,421,832 SH   SOLE   7,421,832 0 0
PINNACLE WEST CAPITAL CORPORATION COM 723484101 42 665 SH   SOLE   665 0 0
PIONEER NATURAL RESOURCES CO COM 723787107 75 461 SH   SOLE   461 0 0
PLUM CREEK TIMBER COMPANY COM 729251108 227,206 5,229,142 SH   SOLE   5,229,142 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 152 1,635 SH   SOLE   1,635 0 0
POLARIS INDUSTRIES INC COM 731068102 28 196 SH   SOLE   196 0 0
POST PROPERTIES INC COM 737464107 92 1,610 SH   SOLE   1,610 0 0
POTLATCH CORPORATION COM 737630103 16 400 SH   SOLE   400 0 0
POWERSHARES FINANCIAL PREFERRED PORTFOLI FINL PFD PTFL 73935X229 1,140 61,300 SH   SOLE   61,300 0 0
POWERSHARES PREFERRED PORTFOLIO AGG PFD PORT 73936T565 1,136 76,200 SH   SOLE   76,200 0 0
PPG INDUSTRIES INC COM 693506107 96 426 SH   SOLE   426 0 0
PPL CORPORATION COM 69351T106 93 2,767 SH   SOLE   2,767 0 0
PRAXAIR INC COM 74005P104 109 905 SH   SOLE   905 0 0
PRECISION CASTPARTS CORP COM 740189105 93 443 SH   SOLE   443 0 0
PREFERRED APARTMENT COMMUNITIES INC COM 74039L103 4 400 SH   SOLE   400 0 0
PRICELINE GROUP INC/THE COM NEW 741503403 190 163 SH   SOLE   163 0 0
PRINCIPAL FINANCIAL GROUP COM 74251V102 47 913 SH   SOLE   913 0 0
PROCTER & GAMBLE CO COM 742718109 898 10,962 SH   SOLE   10,962 0 0
PROGRESSIVE CORP COM 743315103 47 1,735 SH   SOLE   1,735 0 0
PROLOGIS INC COM 74340W103 493,498 11,329,147 SH   SOLE   11,329,147 0 0
PRUDENTIAL FINANCIAL INC COM 744320102 114 1,417 SH   SOLE   1,417 0 0
PS BUSINESS PARKS INC/CA COM 69360J107 5,719 68,872 SH   SOLE   68,872 0 0
PUBLIC SERVICE ENTERPRISE GROUP INC COM 744573106 66 1,573 SH   SOLE   1,573 0 0
PUBLIC STORAGE COM 74460D109 411,728 2,088,504 SH   SOLE   2,088,504 0 0
PULTEGROUP INC COM 745867101 27 1,201 SH   SOLE   1,201 0 0
PVH CORPORATION COM 693656100 27 256 SH   SOLE   256 0 0
QEP RESOURCES INC COM 74733V100 12 558 SH   SOLE   558 0 0
QORVO INC COM 74736K101 36 457 SH   SOLE   457 0 0
QTS REALTY TRUST INC-CL A COM CL A 74736A103 24 660 SH   SOLE   660 0 0
QUALCOMM INC COM 747525103 567 8,177 SH   SOLE   8,177 0 0
QUANTA SERVICES INC COM 74762E102 23 796 SH   SOLE   796 0 0
QUEST DIAGNOSTICS COM 74834L100 59 764 SH   SOLE   764 0 0
QUINTILES TRANSNATIONAL HOLDINGS INC COM 74876Y101 18 267 SH   SOLE   267 0 0
RACKSPACE HOSTING INC COM 750086100 20 379 SH   SOLE   379 0 0
RALPH LAUREN CORPORATION CL A 751212101 25 191 SH   SOLE   191 0 0
RAMCO-GERSHENSON PROPERTIES COM SH BEN INT 751452202 43 2,300 SH   SOLE   2,300 0 0
RANGE RESOURCES CORP COM 75281A109 27 524 SH   SOLE   524 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 22 396 SH   SOLE   396 0 0
RAYONIER INC COM 754907103 105,976 3,930,858 SH   SOLE   3,930,858 0 0
RAYTHEON COMPANY COM NEW 755111507 324 2,968 SH   SOLE   2,968 0 0
REALOGY HOLDINGS CORPORATION COM 75605Y106 23 500 SH   SOLE   500 0 0
REALTY INCOME CORP COM 756109104 361,748 7,010,627 SH   SOLE   7,010,627 0 0
RED HAT INC COM 756577102 44 584 SH   SOLE   584 0 0
REGENCY CENTERS CORPORATION COM 758849103 134,689 1,979,561 SH   SOLE   1,979,561 0 0
REGENERON PHARMACEUTICALS INC COM 75886F107 112 248 SH   SOLE   248 0 0
REGIONS FINANCIAL CORP COM 7591EP100 43 4,576 SH   SOLE   4,576 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 12 120 SH   SOLE   120 0 0
REPUBLIC SERVICES INC COM 760759100 36 884 SH   SOLE   884 0 0
RESMED INC COM 761152107 31 433 SH   SOLE   433 0 0
RETAIL OPPORTUNITY INVESTMENTS CORP COM 76131N101 51 2,800 SH   SOLE   2,800 0 0
RETAIL PROPERTIES OF AMERICA INC CL A 76131V202 14,545 907,362 SH   SOLE   907,362 0 0
REXFORD INDUSTRIAL REALTY INC COM 76169C100 25 1,600 SH   SOLE   1,600 0 0
REYNOLDS AMERICAN INC COM 761713106 68 991 SH   SOLE   991 0 0
RLJ LODGING TRUST COM 74965L101 108,507 3,465,579 SH   SOLE   3,465,579 0 0
ROBERT HALF INTL INC COM 770323103 26 423 SH   SOLE   423 0 0
ROCK-TENN COMPANY-CL A CL A 772739207 28 435 SH   SOLE   435 0 0
ROCKWELL AUTOMATION INC COM 773903109 49 422 SH   SOLE   422 0 0
ROCKWELL COLLINS INC. COM 774341101 55 572 SH   SOLE   572 0 0
ROPER INDUSTRIES INC COM 776696106 53 311 SH   SOLE   311 0 0
ROSS STORES INC COM 778296103 82 777 SH   SOLE   777 0 0
ROUSE PROPERTIES INC COM 779287101 21 1,100 SH   SOLE   1,100 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 45 550 SH   SOLE   550 0 0
RYMAN HOSPITALITY PROPERTIES COM 78377T107 92 1,510 SH   SOLE   1,510 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 57 1,720 SH   SOLE   1,720 0 0
SALESFORCE COM INC COM 79466L302 124 1,863 SH   SOLE   1,863 0 0
SALIX PHARMACEUTICALS LTD COM 795435106 34 198 SH   SOLE   198 0 0
SANDISK CORP COM 80004C101 44 686 SH   SOLE   686 0 0
SAUL CENTERS INC COM 804395101 19 340 SH   SOLE   340 0 0
SBA COMMUNICATIONS CORPORATION-CL A COM 78388J106 47 401 SH   SOLE   401 0 0
SCANA CORPORATION COM 80589M102 23 421 SH   SOLE   421 0 0
SCHLUMBERGER LIMITED COM 806857108 334 3,999 SH   SOLE   3,999 0 0
SCRIPPS NETWORKS INTERACTIVE CL A COM 811065101 16 240 SH   SOLE   240 0 0
SEAGATE TECHNOLOGY SHS G7945M107 53 1,017 SH   SOLE   1,017 0 0
SEALED AIR CORPORATION COM 81211K100 28 623 SH   SOLE   623 0 0
SEI INVESTMENTS COMPANY COM 784117103 21 487 SH   SOLE   487 0 0
SELECT INCOME REIT COM SH BEN INT 81618T100 37 1,500 SH   SOLE   1,500 0 0
SEMGROUP CORPORATION-CLASS A CL A 81663A105 6,304 77,500 SH   SOLE   77,500 0 0
SEMPRA ENERGY COM 816851109 19,245 176,527 SH   SOLE   176,527 0 0
SENIOR HOUSING PROPERTIES SH BEN INT 81721M109 206,652 9,312,832 SH   SOLE   9,312,832 0 0
SENSATA TECHNOLOGIES HOLDING NV SHS N7902X106 29 498 SH   SOLE   498 0 0
SERVICENOW INC COM 81762P102 36 460 SH   SOLE   460 0 0
SIGMA-ALDRICH COM 826552101 79 570 SH   SOLE   570 0 0
SIGNET JEWELERS LTD SHS G81276100 61 437 SH   SOLE   437 0 0
SILVER BAY REALTY TRUST CORPORATION COM 82735Q102 18 1,100 SH   SOLE   1,100 0 0
SIMON PROPERTY GROUP COM 828806109 919,055 4,697,683 SH   SOLE   4,697,683 0 0
SIRIUS XM HOLDINGS INC COM 82968B103 33 8,516 SH   SOLE   8,516 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 58 592 SH   SOLE   592 0 0
SL GREEN REALTY CORPORATION COM 78440X101 8,089 63,008 SH   SOLE   63,008 0 0
SNAP-ON INC COM 833034101 29 200 SH   SOLE   200 0 0
SOLARCITY CORPORATION COM 83416T100 374 7,300 SH   SOLE   7,300 0 0
SOUTHERN CO COM 842587107 124 2,796 SH   SOLE   2,796 0 0
SOUTHWEST AIRLINES COMPANY COM 844741108 27 605 SH   SOLE   605 0 0
SOUTHWESTERN ENERGY CO COM 845467109 28 1,224 SH   SOLE   1,224 0 0
SOVRAN SELF STORAGE INC COM 84610H108 71,564 761,808 SH   SOLE   761,808 0 0
SPECTRA ENERGY CORPORATION COM 847560109 75 2,085 SH   SOLE   2,085 0 0
SPIRIT REALTY CAPITAL INC COM 84860W102 141 11,700 SH   SOLE   11,700 0 0
SPRINT CORPORATION COM SER 1 85207U105 13 2,709 SH   SOLE   2,709 0 0
SPX CORP COM 784635104 9 108 SH   SOLE   108 0 0
ST JUDE MEDICAL INC COM 790849103 58 889 SH   SOLE   889 0 0
STAG INDUSTRIAL INC COM 85254J102 45 1,900 SH   SOLE   1,900 0 0
STANLEY BLACK & DECKER INC COM 854502101 44 462 SH   SOLE   462 0 0
STAPLES INC COM 855030102 36 2,189 SH   SOLE   2,189 0 0
STARBUCKS CORP COM 855244109 220 2,325 SH   SOLE   2,325 0 0
STARWOOD HOTELS & RESORTS COM 85590A401 46 555 SH   SOLE   555 0 0
STARWOOD WAYPOINT RESIDENTIAL COM SHS 85571W109 31 1,190 SH   SOLE   1,190 0 0
STATE STREET CORP COM 857477103 95 1,297 SH   SOLE   1,297 0 0
STERICYCLE INC COM 858912108 65 464 SH   SOLE   464 0 0
STORE CAPITAL CORPORATION COM 862121100 21 900 SH   SOLE   900 0 0
STRATEGIC HOTEL CAPITAL INC COM 86272T106 102 8,200 SH   SOLE   8,200 0 0
STRYKER CORP COM 863667101 98 1,058 SH   SOLE   1,058 0 0
SUMMIT HOTEL PROPERTIES INC COM 866082100 37 2,600 SH   SOLE   2,600 0 0
SUN COMMUNITIES INC COM 866674104 100 1,500 SH   SOLE   1,500 0 0
SUNPOWER CORPORATION COM 867652406 467 14,900 SH   SOLE   14,900 0 0
SUNSTONE HOTEL INVESTORS COM 867892101 102 6,100 SH   SOLE   6,100 0 0
SUNSTONE HOTEL INVESTORS INC-D 8% CV 8% CUM PFD-D 867892507 5,562 213,100 SH   SOLE   213,100 0 0
SUNTRUST BANKS INC COM 867914103 67 1,620 SH   SOLE   1,620 0 0
SUPERIOR ENERGY SERVICES INC COM 868157108 13 604 SH   SOLE   604 0 0
SYMANTEC CORP COM 871503108 53 2,258 SH   SOLE   2,258 0 0
SYNCHRONY FINANCIAL COM 87165B103 18 600 SH   SOLE   600 0 0
SYNOPSYS INC COM 871607107 46 984 SH   SOLE   984 0 0
SYSCO CORP COM 871829107 69 1,827 SH   SOLE   1,827 0 0
T ROWE PRICE GROUP INC COM 74144T108 65 806 SH   SOLE   806 0 0
TANGER FACTORY OUTLET CENTER COM 875465106 8,586 244,131 SH   SOLE   244,131 0 0
TARGA RESOURCES CORPORATION COM 87612G101 9,809 102,400 SH   SOLE   102,400 0 0
TARGET CORP COM 87612E106 154 1,880 SH   SOLE   1,880 0 0
TAUBMAN CENTERS INC COM 876664103 52,630 682,350 SH   SOLE   682,350 0 0
TD AMERITRADE HOLDING CORPORATION COM 87236Y108 31 845 SH   SOLE   845 0 0
TE CONNECTIVITY LIMITED REG SHS H84989104 91 1,264 SH   SOLE   1,264 0 0
TECHNOLOGY SELECT SECTOR SPDR FUND ETF TECHNOLOGY 81369Y803 49,562 1,196,000 SH   SOLE   1,196,000 0 0
TERADATA CORPORATION COM 88076W103 25 567 SH   SOLE   567 0 0
TERRENO REALTY CORP COM 88146M101 27 1,200 SH   SOLE   1,200 0 0
TESLA MOTORS INC COM 88160R101 441 2,336 SH   SOLE   2,336 0 0
TESORO CORPORATION COM 881609101 36 392 SH   SOLE   392 0 0
TEXAS INSTRUMENTS INC COM 882508104 188 3,283 SH   SOLE   3,283 0 0
TEXTRON INC COM 883203101 38 858 SH   SOLE   858 0 0
THE ADT CORPORATION COM 00101J106 24 573 SH   SOLE   573 0 0
THE CHARLES SCHWAB CORPORATION COM 808513105 111 3,652 SH   SOLE   3,652 0 0
THE COOPER COS INC COM NEW 216648402 47 250 SH   SOLE   250 0 0
THE GEO GROUP INC COM 36162J106 46,542 1,064,050 SH   SOLE   1,064,050 0 0
THE JM SMUCKER COMPANY COM NEW 832696405 60 516 SH   SOLE   516 0 0
THE MACERICH COMPANY COM 554382101 358,968 4,256,706 SH   SOLE   4,256,706 0 0
THE MOSAIC COMPANY COM 61945C103 46 995 SH   SOLE   995 0 0
THE SHERWIN-WILLIAMS COMPANY COM 824348106 75 264 SH   SOLE   264 0 0
THE WALT DISNEY CO. COM DISNEY 254687106 2,182 20,806 SH   SOLE   20,806 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 167 1,243 SH   SOLE   1,243 0 0
TIFFANY & CO COM 886547108 35 402 SH   SOLE   402 0 0
TIME WARNER CABLE INC COM 88732J207 131 872 SH   SOLE   872 0 0
TIME WARNER INC COM NEW 887317303 220 2,606 SH   SOLE   2,606 0 0
TJX COMPANIES INC COM 872540109 151 2,153 SH   SOLE   2,153 0 0
T-MOBILE US INC COM 872590104 24 750 SH   SOLE   750 0 0
TOLL BROTHERS INC COM 889478103 24 600 SH   SOLE   600 0 0
TORCHMARK CORPORATION COM 891027104 22 400 SH   SOLE   400 0 0
TOTAL SYSTEM SERVICES INC COM 891906109 20 520 SH   SOLE   520 0 0
TOWERS WATSON & COMPANY-CL A CL A 891894107 29 217 SH   SOLE   217 0 0
TRACTOR SUPPLY COMPANY COM 892356106 36 422 SH   SOLE   422 0 0
TRADE STREET RESIDENTIAL INC COM NEW 89255N203 1 200 SH   SOLE   200 0 0
TRANSDIGM GROUP INC COM 893641100 34 155 SH   SOLE   155 0 0
TRAVELERS COS INC/THE COM 89417E109 111 1,030 SH   SOLE   1,030 0 0
TRIMBLE NAVIGATION LIMITED COM 896239100 22 886 SH   SOLE   886 0 0
TRIPADVISOR INC COM 896945201 33 400 SH   SOLE   400 0 0
TRW AUTOMOTIVE HOLDINGS CORPORATION COM 87264S106 57 544 SH   SOLE   544 0 0
TWENTY-FIRST CENTURY FOX INC-CLASS A CL A 90130A101 143 4,219 SH   SOLE   4,219 0 0
TWENTY-FIRST CENTURY FOX INC-CLASS B CL B 90130A200 45 1,365 SH   SOLE   1,365 0 0
TWITTER INC COM 90184L102 59 1,183 SH   SOLE   1,183 0 0
TYCO INTERNATIONAL PLC SHS G91442106 56 1,300 SH   SOLE   1,300 0 0
TYSON FOODS INC-CL A CL A 902494103 36 950 SH   SOLE   950 0 0
UDR INC COM 902653104 168,418 4,949,117 SH   SOLE   4,949,117 0 0
ULTA SALON COSMETICS & FRAGRANCE INC COM 90384S303 29 190 SH   SOLE   190 0 0
UMH PROPERTIES INC COM 903002103 6 600 SH   SOLE   600 0 0
UNDER ARMOUR INC-CLASS A CL A 904311107 45 558 SH   SOLE   558 0 0
UNION PACIFIC CORP COM 907818108 1,740 16,063 SH   SOLE   16,063 0 0
UNITED CONTINENTAL HOLDINGS INC COM 910047109 19 287 SH   SOLE   287 0 0
UNITED PARCEL SERVICE-CL B CL B 911312106 2,015 20,783 SH   SOLE   20,783 0 0
UNITED RENTALS INC COM 911363109 28 310 SH   SOLE   310 0 0
UNITED TECHNOLOGIES CORP COM 913017109 935 7,981 SH   SOLE   7,981 0 0
UNITEDHEALTH GROUP INC COM 91324P102 353 2,983 SH   SOLE   2,983 0 0
UNIVERSAL HEALTH REALTY INCOME TRUST SH BEN INT 91359E105 19 340 SH   SOLE   340 0 0
UNIVERSAL HEALTH SERVICES-B CL B 913903100 57 485 SH   SOLE   485 0 0
UNUM GROUP COM 91529Y106 29 853 SH   SOLE   853 0 0
URBAN EDGE PROPERTIES COM 91704F104 25,230 1,064,565 SH   SOLE   1,064,565 0 0
URBAN OUTFITTERS INC COM 917047102 36 798 SH   SOLE   798 0 0
URSTADT BIDDLE-CL A CL A 917286205 21 900 SH   SOLE   900 0 0
US BANCORP COM NEW 902973304 243 5,561 SH   SOLE   5,561 0 0
VALERO ENERGY CORP COM 91913Y100 103 1,620 SH   SOLE   1,620 0 0
VANTIV INC-CLASS A CL A 92210H105 17 461 SH   SOLE   461 0 0
VARIAN MEDICAL SYSTEMS INC COM 92220P105 48 511 SH   SOLE   511 0 0
VENTAS INC COM 92276F100 497,367 6,811,381 SH   SOLE   6,811,381 0 0
VERISIGN INC COM 92343E102 37 555 SH   SOLE   555 0 0
VERISK ANALYTICS INC-CLASS A CL A 92345Y106 36 500 SH   SOLE   500 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,208 45,396 SH   SOLE   45,396 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 88 747 SH   SOLE   747 0 0
VF CORP COM 918204108 81 1,074 SH   SOLE   1,074 0 0
VIACOM INC-CLASS B CL B 92553P201 76 1,117 SH   SOLE   1,117 0 0
VIPSHOP HOLDINGS LIMITED-ADR SPONSORED ADR 92763W103 1,619 55,000 SH   SOLE   55,000 0 0
VISA INC-CLASS A SHARES COM CL A 92826C839 1,971 30,132 SH   SOLE   30,132 0 0
VMWARE INC-CLASS A CL A COM 928563402 25 300 SH   SOLE   300 0 0
VORNADO REALTY TRUST SH BEN INT 929042109 171,619 1,532,309 SH   SOLE   1,532,309 0 0
VOYA FINANCIAL INC COM 929089100 28 639 SH   SOLE   639 0 0
VULCAN MATERIALS CO COM 929160109 34 409 SH   SOLE   409 0 0
WABTEC CORPORATION COM 929740108 28 299 SH   SOLE   299 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 229 2,710 SH   SOLE   2,710 0 0
WAL-MART STORES INC COM 931142103 626 7,607 SH   SOLE   7,607 0 0
WASHINGTON REAL ESTATE INV SH BEN INT 939653101 86,081 3,115,508 SH   SOLE   3,115,508 0 0
WASTE MANAGEMENT INC COM 94106L109 73 1,352 SH   SOLE   1,352 0 0
WATERS CORP COM 941848103 32 259 SH   SOLE   259 0 0
WEATHERFORD INTERNATIONAL PLC ORD SHS G48833100 33 2,647 SH   SOLE   2,647 0 0
WEINGARTEN REALTY INVESTORS SH BEN INT 948741103 151,647 4,214,760 SH   SOLE   4,214,760 0 0
WELLS FARGO & COMPANY COM 949746101 2,389 43,915 SH   SOLE   43,915 0 0
WESTERN DIGITAL CORPORATION COM 958102105 62 686 SH   SOLE   686 0 0
WESTERN UNION COMPANY COM 959802109 38 1,834 SH   SOLE   1,834 0 0
WESTLAKE CHEMICAL CORPORATION COM 960413102 10 145 SH   SOLE   145 0 0
WEYERHAEUSER CO-A 6.375% PREF CONV SER A 962166872 5,757 105,200 SH   SOLE   105,200 0 0
WEYERHAEUSER COMPANY COM 962166104 305,084 9,203,123 SH   SOLE   9,203,123 0 0
WHIRLPOOL CORP COM 963320106 49 242 SH   SOLE   242 0 0
WHITESTONE REIT COM 966084204 10 600 SH   SOLE   600 0 0
WHITING PETROLEUM CORPORATION COM 966387102 16 517 SH   SOLE   517 0 0
WHOLE FOODS MARKET INC COM 966837106 454 8,718 SH   SOLE   8,718 0 0
WILLIAMS COS INC COM 969457100 35,929 710,207 SH   SOLE   710,207 0 0
WILLIS GROUP HOLDINGS PLC SHS G96666105 24 495 SH   SOLE   495 0 0
WINDSTREAM HOLDINGS INC COM 97382A101 15 1,993 SH   SOLE   1,993 0 0
WINTHROP REALTY TRUST INC SH BEN INT NEW 976391300 5 300 SH   SOLE   300 0 0
WISCONSIN ENERGY CORPORATION COM 976657106 35 701 SH   SOLE   701 0 0
WORKDAY INC-CLASS A CL A 98138H101 26 307 SH   SOLE   307 0 0
WP CAREY INC COM 92936U109 190 2,800 SH   SOLE   2,800 0 0
WP GLIMCHER INC COM 92939N102 79,150 4,759,488 SH   SOLE   4,759,488 0 0
WR BERKLEY CORP COM 084423102 20 400 SH   SOLE   400 0 0
WW GRAINGER INC COM 384802104 45 191 SH   SOLE   191 0 0
WYNDHAM WORLDWIDE CORPORATION COM 98310W108 35 383 SH   SOLE   383 0 0
WYNN RESORTS LTD COM 983134107 32 254 SH   SOLE   254 0 0
XCEL ENERGY INC COM 98389B100 58 1,676 SH   SOLE   1,676 0 0
XENIA HOTELS & RESORTS INC COM 984017103 50 2,200 SH   SOLE   2,200 0 0
XEROX CORPORATION COM 984121103 43 3,370 SH   SOLE   3,370 0 0
XILINX INC COM 983919101 35 822 SH   SOLE   822 0 0
XL GROUP PLC SHS G98290102 30 802 SH   SOLE   802 0 0
XYLEM INC COM 98419M100 20 565 SH   SOLE   565 0 0
YAHOO! INC COM 984332106 124 2,797 SH   SOLE   2,797 0 0
YUM! BRANDS INC COM 988498101 107 1,360 SH   SOLE   1,360 0 0
ZILLOW GROUP INC CL A 98954M101 15 152 SH   SOLE   152 0 0
ZIMMER HOLDINGS INC COM 98956P102 62 526 SH   SOLE   526 0 0
ZOETIS INC CL A 98978V103 72 1,558 SH   SOLE   1,558 0 0