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
DOWDUPONT INC COM 26078J100 2,673 38,613 SH   SOLE   38,613 0 0
MARRIOTT VACATIONS WRLDWDE C COM 57164Y107 230 1,844 SH   SOLE   1,844 0 0
APPLE INC COM 037833100 2,225 14,437 SH   SOLE   14,437 0 0
ABBVIE INC COM 00287Y109 13,495 151,868 SH   SOLE   151,868 0 0
ALLERGAN PLC SHS G0177J108 1,339 6,535 SH   SOLE   6,535 0 0
ADOBE SYS INC COM 00724F101 882 5,912 SH   SOLE   5,912 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,569 36,907 SH   SOLE   36,907 0 0
AMEREN CORP COM 023608102 1,162 20,095 SH   SOLE   20,095 0 0
ADVANCED ENERGY INDS COM 007973100 1,034 12,807 SH   SOLE   12,807 0 0
AMERICAN ELEC PWR INC COM 025537101 10,119 144,062 SH   SOLE   144,062 0 0
AES CORP COM 00130H105 761 69,076 SH   SOLE   69,076 0 0
AMERICAN FINL GROUP INC OHIO COM 025932104 227 2,199 SH   SOLE   2,199 0 0
AFLAC INC COM 001055102 764 9,381 SH   SOLE   9,381 0 0
AVANGRID INC COM 05351W103 572 12,062 SH   SOLE   12,062 0 0
APPLIED INDL TECHNOLOGIES IN COM 03820C105 1,137 17,275 SH   SOLE   17,275 0 0
ALLETE INC COM NEW 018522300 1,214 15,702 SH   SOLE   15,702 0 0
ALIGN TECHNOLOGY INC COM 016255101 313 1,681 SH   SOLE   1,681 0 0
ALASKA AIR GROUP INC COM 011659109 214 2,800 SH   SOLE   2,800 0 0
ALLSTATE CORP COM 020002101 1,755 19,097 SH   SOLE   19,097 0 0
APPLIED MATLS INC COM 038222105 1,265 24,278 SH   SOLE   24,278 0 0
AMGEN INC COM 031162100 466 2,500 SH   SOLE   2,500 0 0
AMERICAN TOWER CORP NEW COM 03027X100 236 1,725 SH   SOLE   1,725 0 0
AMAZON COM INC COM 023135106 1,365 1,420 SH   SOLE   1,420 0 0
APTARGROUP INC COM 038336103 371 4,299 SH   SOLE   4,299 0 0
BROADCOM LTD SHS Y09827109 783 3,227 SH   SOLE   3,227 0 0
AVNET INC COM 053807103 723 18,386 SH   SOLE   18,386 0 0
AVX CORP NEW COM 002444107 1,247 68,422 SH   SOLE   68,422 0 0
AVERY DENNISON CORP COM 053611109 470 4,778 SH   SOLE   4,778 0 0
AMERICAN EXPRESS CO COM 025816109 1,329 14,687 SH   SOLE   14,687 0 0
ASPEN TECHNOLOGY INC COM 045327103 290 4,616 SH   SOLE   4,616 0 0
BOEING CO COM 097023105 1,132 4,452 SH   SOLE   4,452 0 0
BANK AMER CORP COM 060505104 3,027 119,468 SH   SOLE   119,468 0 0
BAXTER INTL INC COM 071813109 1,155 18,400 SH   SOLE   18,400 0 0
BB&T CORP COM 054937107 1,430 30,455 SH   SOLE   30,455 0 0
BEST BUY INC COM 086516101 2,545 44,685 SH   SOLE   44,685 0 0
BERRY GLOBAL GROUP INC COM 08579W103 960 16,943 SH   SOLE   16,943 0 0
BUNGE LIMITED COM G16962105 1,635 23,533 SH   SOLE   23,533 0 0
BIO RAD LABS INC CL A 090572207 232 1,045 SH   SOLE   1,045 0 0
BEMIS INC COM 081437105 1,613 35,407 SH   SOLE   35,407 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,824 28,620 SH   SOLE   28,620 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 477 2,600 SH   SOLE   2,600 0 0
BWX TECHNOLOGIES INC COM 05605H100 255 4,560 SH   SOLE   4,560 0 0
CITIGROUP INC COM NEW 172967424 1,787 24,570 SH   SOLE   24,570 0 0
CA INC COM 12673P105 1,971 59,044 SH   SOLE   59,044 0 0
CABLE ONE INC COM 12685J105 1,002 1,387 SH   SOLE   1,387 0 0
CONAGRA BRANDS INC COM 205887102 232 6,880 SH   SOLE   6,880 0 0
CARDINAL HEALTH INC COM 14149Y108 248 3,711 SH   SOLE   3,711 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 314 2,068 SH   SOLE   2,068 0 0
CABOT CORP COM 127055101 1,322 23,698 SH   SOLE   23,698 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 741 2,039 SH   SOLE   2,039 0 0
CDW CORP COM 12514G108 969 14,678 SH   SOLE   14,678 0 0
CELANESE CORP DEL COM SER A 150870103 483 4,636 SH   SOLE   4,636 0 0
CITIZENS FINL GROUP INC COM 174610105 1,036 27,347 SH   SOLE   27,347 0 0
CHURCHILL DOWNS INC COM 171484108 210 1,019 SH   SOLE   1,019 0 0
CIGNA CORPORATION COM 125509109 1,600 8,559 SH   SOLE   8,559 0 0
COLGATE PALMOLIVE CO COM 194162103 430 5,900 SH   SOLE   5,900 0 0
CUMMINS INC COM 231021106 1,362 8,105 SH   SOLE   8,105 0 0
CNA FINL CORP COM 126117100 1,032 20,536 SH   SOLE   20,536 0 0
CENTENE CORP DEL COM 15135B101 281 2,900 SH   SOLE   2,900 0 0
CENTERPOINT ENERGY INC COM 15189T107 1,557 53,301 SH   SOLE   53,301 0 0
CAPITAL ONE FINL CORP COM 14040H105 2,100 24,803 SH   SOLE   24,803 0 0
COPA HOLDINGS SA CL A P31076105 1,959 15,730 SH   SOLE   15,730 0 0
CAMPBELL SOUP CO COM 134429109 808 17,257 SH   SOLE   17,257 0 0
COPART INC COM 217204106 1,045 30,391 SH   SOLE   30,391 0 0
COOPER STD HLDGS INC COM 21676P103 762 6,574 SH   SOLE   6,574 0 0
CISCO SYS INC COM 17275R102 3,320 98,717 SH   SOLE   98,717 0 0
CENTURYLINK INC COM 156700106 691 36,573 SH   SOLE   36,573 0 0
CVR ENERGY INC COM 12662P108 834 32,200 SH   SOLE   32,200 0 0
CVS HEALTH CORP COM 126650100 877 10,790 SH   SOLE   10,790 0 0
CHEVRON CORP NEW COM 166764100 1,968 16,746 SH   SOLE   16,746 0 0
DOMINION ENERGY INC COM 25746U109 212 2,750 SH   SOLE   2,750 0 0
DEAN FOODS CO NEW COM NEW 242370203 740 67,995 SH   SOLE   67,995 0 0
DISCOVER FINL SVCS COM 254709108 1,345 20,860 SH   SOLE   20,860 0 0
QUEST DIAGNOSTICS INC COM 74834L100 1,131 12,079 SH   SOLE   12,079 0 0
DOMINOS PIZZA INC COM 25754A201 763 3,844 SH   SOLE   3,844 0 0
DARDEN RESTAURANTS INC COM 237194105 839 10,651 SH   SOLE   10,651 0 0
DTE ENERGY CO COM 233331107 889 8,279 SH   SOLE   8,279 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 10,200 121,540 SH   SOLE   121,540 0 0
CONSOLIDATED EDISON INC COM 209115104 1,658 20,552 SH   SOLE   20,552 0 0
EDISON INTL COM 281020107 235 3,046 SH   SOLE   3,046 0 0
EMERSON ELEC CO COM 291011104 1,958 31,160 SH   SOLE   31,160 0 0
ESSENT GROUP LTD COM G3198U102 958 23,648 SH   SOLE   23,648 0 0
EATON CORP PLC SHS G29183103 13,176 171,590 SH   SOLE   171,590 0 0
EXELON CORP COM 30161N101 215 5,700 SH   SOLE   5,700 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 13,829 1,155,344 SH   SOLE   1,155,344 0 0
FACEBOOK INC CL A 30303M102 1,472 8,613 SH   SOLE   8,613 0 0
FEDEX CORP COM 31428X106 303 1,344 SH   SOLE   1,344 0 0
FIFTH THIRD BANCORP COM 316773100 2,042 72,963 SH   SOLE   72,963 0 0
FLOWERS FOODS INC COM 343498101 294 15,628 SH   SOLE   15,628 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 269 10,424 SH   SOLE   10,424 0 0
GENERAL DYNAMICS CORP COM 369550108 342 1,663 SH   SOLE   1,663 0 0
GENERAL MLS INC COM 370334104 1,017 19,657 SH   SOLE   19,657 0 0
CORNING INC COM 219350105 2,686 89,768 SH   SOLE   89,768 0 0
GENERAL MTRS CO COM 37045V100 13,298 329,325 SH   SOLE   329,325 0 0
GATX CORP COM 361448103 828 13,447 SH   SOLE   13,447 0 0
ALPHABET INC CAP STK CL A 02079K305 2,108 2,165 SH   SOLE   2,165 0 0
GAP INC DEL COM 364760108 1,281 43,385 SH   SOLE   43,385 0 0
GARMIN LTD SHS H2906T109 2,502 46,368 SH   SOLE   46,368 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 2,310 9,737 SH   SOLE   9,737 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 728 21,896 SH   SOLE   21,896 0 0
GRAINGER W W INC COM 384802104 1,090 6,062 SH   SOLE   6,062 0 0
GREAT PLAINS ENERGY INC COM 391164100 735 24,253 SH   SOLE   24,253 0 0
HAWAIIAN HOLDINGS INC COM 419879101 803 21,372 SH   SOLE   21,372 0 0
HUNTINGTON BANCSHARES INC COM 446150104 1,131 81,040 SH   SOLE   81,040 0 0
HANCOCK HLDG CO COM 410120109 277 5,719 SH   SOLE   5,719 0 0
HCA HEALTHCARE INC COM 40412C101 823 10,341 SH   SOLE   10,341 0 0
HOME DEPOT INC COM 437076102 221 1,352 SH   SOLE   1,352 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 554 16,611 SH   SOLE   16,611 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 669 12,061 SH   SOLE   12,061 0 0
HOLLYFRONTIER CORP COM 436106108 912 25,348 SH   SOLE   25,348 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 281 19,100 SH   SOLE   19,100 0 0
HP INC COM 40434L105 2,987 149,643 SH   SOLE   149,643 0 0
HARRIS CORP DEL COM 413875105 942 7,155 SH   SOLE   7,155 0 0
HERSHEY CO COM 427866108 371 3,400 SH   SOLE   3,400 0 0
HUNTSMAN CORP COM 447011107 704 25,687 SH   SOLE   25,687 0 0
IAC INTERACTIVECORP COM 44919P508 224 1,903 SH   SOLE   1,903 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 12,077 83,244 SH   SOLE   83,244 0 0
IDACORP INC COM 451107106 221 2,516 SH   SOLE   2,516 0 0
IDEXX LABS INC COM 45168D104 872 5,611 SH   SOLE   5,611 0 0
INTEL CORP COM 458140100 904 23,728 SH   SOLE   23,728 0 0
INTL PAPER CO COM 460146103 1,890 33,266 SH   SOLE   33,266 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 1,414 4,056 SH   SOLE   4,056 0 0
ITRON INC COM 465741106 1,082 13,975 SH   SOLE   13,975 0 0
ILLINOIS TOOL WKS INC COM 452308109 1,021 6,902 SH   SOLE   6,902 0 0
JABIL INC COM 466313103 203 7,100 SH   SOLE   7,100 0 0
JETBLUE AIRWAYS CORP COM 477143101 528 28,519 SH   SOLE   28,519 0 0
JELD-WEN HLDG INC COM 47580P103 208 5,849 SH   SOLE   5,849 0 0
JOHNSON & JOHNSON COM 478160104 3,999 30,761 SH   SOLE   30,761 0 0
JPMORGAN CHASE & CO COM 46625H100 3,208 33,586 SH   SOLE   33,586 0 0
KEYCORP NEW COM 493267108 1,239 65,848 SH   SOLE   65,848 0 0
KLA-TENCOR CORP COM 482480100 2,025 19,106 SH   SOLE   19,106 0 0
KIMBERLY CLARK CORP COM 494368103 1,681 14,286 SH   SOLE   14,286 0 0
KRONOS WORLDWIDE INC COM 50105F105 276 12,100 SH   SOLE   12,100 0 0
KOHLS CORP COM 500255104 528 11,567 SH   SOLE   11,567 0 0
LEAR CORP COM NEW 521865204 260 1,500 SH   SOLE   1,500 0 0
LILLY ELI & CO COM 532457108 221 2,579 SH   SOLE   2,579 0 0
LOCKHEED MARTIN CORP COM 539830109 218 704 SH   SOLE   704 0 0
LINCOLN NATL CORP IND COM 534187109 709 9,650 SH   SOLE   9,650 0 0
CHENIERE ENERGY INC COM NEW 16411R208 870 19,312 SH   SOLE   19,312 0 0
LIFEPOINT HEALTH INC COM 53219L109 926 15,995 SH   SOLE   15,995 0 0
LOUISIANA PAC CORP COM 546347105 1,011 37,337 SH   SOLE   37,337 0 0
LAM RESEARCH CORP COM 512807108 606 3,273 SH   SOLE   3,273 0 0
LAS VEGAS SANDS CORP COM 517834107 11,789 183,747 SH   SOLE   183,747 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 14,516 146,555 SH   SOLE   146,555 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 392 8,991 SH   SOLE   8,991 0 0
MACYS INC COM 55616P104 1,403 64,290 SH   SOLE   64,290 0 0
MASTERCARD INCORPORATED CL A 57636Q104 871 6,167 SH   SOLE   6,167 0 0
MANPOWERGROUP INC COM 56418H100 1,146 9,728 SH   SOLE   9,728 0 0
MASIMO CORP COM 574795100 782 9,037 SH   SOLE   9,037 0 0
MCDONALDS CORP COM 580135101 1,334 8,512 SH   SOLE   8,512 0 0
MCDERMOTT INTL INC COM 580037109 781 107,390 SH   SOLE   107,390 0 0
MAGELLAN HEALTH INC COM NEW 559079207 276 3,200 SH   SOLE   3,200 0 0
MOHAWK INDS INC COM 608190104 803 3,246 SH   SOLE   3,246 0 0
3M CO COM 88579Y101 573 2,729 SH   SOLE   2,729 0 0
ALTRIA GROUP INC COM 02209S103 13,134 207,097 SH   SOLE   207,097 0 0
MONSANTO CO NEW COM 61166W101 1,499 12,514 SH   SOLE   12,514 0 0
MARATHON PETE CORP COM 56585A102 3,801 67,782 SH   SOLE   67,782 0 0
MERCK & CO INC COM 58933Y105 2,787 43,530 SH   SOLE   43,530 0 0
MORGAN STANLEY COM NEW 617446448 1,490 30,929 SH   SOLE   30,929 0 0
MICROSOFT CORP COM 594918104 1,470 19,730 SH   SOLE   19,730 0 0
M & T BK CORP COM 55261F104 907 5,632 SH   SOLE   5,632 0 0
MGIC INVT CORP WIS COM 552848103 586 46,795 SH   SOLE   46,795 0 0
VAIL RESORTS INC COM 91879Q109 1,205 5,284 SH   SOLE   5,284 0 0
MICRON TECHNOLOGY INC COM 595112103 382 9,710 SH   SOLE   9,710 0 0
MURPHY OIL CORP COM 626717102 802 30,179 SH   SOLE   30,179 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 296 6,204 SH   SOLE   6,204 0 0
MYLAN N V SHS EURO N59465109 1,155 36,826 SH   SOLE   36,826 0 0
NIELSEN HLDGS PLC SHS EUR G6518L108 1,520 36,661 SH   SOLE   36,661 0 0
NORTHROP GRUMMAN CORP COM 666807102 548 1,904 SH   SOLE   1,904 0 0
NORFOLK SOUTHERN CORP COM 655844108 225 1,700 SH   SOLE   1,700 0 0
NETAPP INC COM 64110D104 1,137 25,983 SH   SOLE   25,983 0 0
NUCOR CORP COM 670346105 1,242 22,163 SH   SOLE   22,163 0 0
NU SKIN ENTERPRISES INC CL A 67018T105 1,527 24,842 SH   SOLE   24,842 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 1,458 55,286 SH   SOLE   55,286 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 1,851 143,601 SH   SOLE   143,601 0 0
OWENS CORNING NEW COM 690742101 646 8,349 SH   SOLE   8,349 0 0
OFFICE DEPOT INC COM 676220106 56 12,300 SH   SOLE   12,300 0 0
ONEOK INC NEW COM 682680103 1,120 20,208 SH   SOLE   20,208 0 0
OWENS & MINOR INC NEW COM 690732102 959 32,845 SH   SOLE   32,845 0 0
OLD REP INTL CORP COM 680223104 1,492 75,789 SH   SOLE   75,789 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 883 4,099 SH   SOLE   4,099 0 0
PAYCHEX INC COM 704326107 373 6,225 SH   SOLE   6,225 0 0
PEOPLES UNITED FINANCIAL INC COM 712704105 1,856 102,330 SH   SOLE   102,330 0 0
PBF ENERGY INC CL A 69318G106 427 15,458 SH   SOLE   15,458 0 0
PITNEY BOWES INC COM 724479100 11,327 808,496 SH   SOLE   808,496 0 0
PACCAR INC COM 693718108 239 3,307 SH   SOLE   3,307 0 0
PG&E CORP COM 69331C108 203 2,979 SH   SOLE   2,979 0 0
PRICELINE GRP INC COM NEW 741503403 1,538 840 SH   SOLE   840 0 0
PATTERSON COMPANIES INC COM 703395103 797 20,612 SH   SOLE   20,612 0 0
PEPSICO INC COM 713448108 838 7,520 SH   SOLE   7,520 0 0
PINNACLE FOODS INC DEL COM 72348P104 833 14,576 SH   SOLE   14,576 0 0
PFIZER INC COM 717081103 14,490 405,872 SH   SOLE   405,872 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 645 10,019 SH   SOLE   10,019 0 0
PROCTER AND GAMBLE CO COM 742718109 473 5,195 SH   SOLE   5,195 0 0
PULTE GROUP INC COM 745867101 265 9,700 SH   SOLE   9,700 0 0
PACKAGING CORP AMER COM 695156109 898 7,827 SH   SOLE   7,827 0 0
PHILIP MORRIS INTL INC COM 718172109 12,408 111,770 SH   SOLE   111,770 0 0
PNC FINL SVCS GROUP INC COM 693475105 2,384 17,687 SH   SOLE   17,687 0 0
PNM RES INC COM 69349H107 210 5,214 SH   SOLE   5,214 0 0
PORTLAND GEN ELEC CO COM NEW 736508847 204 4,465 SH   SOLE   4,465 0 0
PPL CORP COM 69351T106 11,528 303,756 SH   SOLE   303,756 0 0
PRUDENTIAL FINL INC COM 744320102 1,588 14,936 SH   SOLE   14,936 0 0
PHILLIPS 66 COM 718546104 2,946 32,159 SH   SOLE   32,159 0 0
PAYPAL HLDGS INC COM 70450Y103 365 5,700 SH   SOLE   5,700 0 0
RYDER SYS INC COM 783549108 1,309 15,478 SH   SOLE   15,478 0 0
EVEREST RE GROUP LTD COM G3223R108 2,393 10,479 SH   SOLE   10,479 0 0
REGIONS FINL CORP NEW COM 7591EP100 2,908 190,971 SH   SOLE   190,971 0 0
REINSURANCE GROUP AMER INC COM NEW 759351604 1,828 13,102 SH   SOLE   13,102 0 0
REGAL ENTMT GROUP CL A 758766109 198 12,394 SH   SOLE   12,394 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 865 6,399 SH   SOLE   6,399 0 0
REALPAGE INC COM 75606N109 228 5,708 SH   SOLE   5,708 0 0
RELIANCE STEEL & ALUMINUM CO COM 759509102 797 10,460 SH   SOLE   10,460 0 0
REPUBLIC SVCS INC COM 760759100 1,001 15,151 SH   SOLE   15,151 0 0
RAYTHEON CO COM NEW 755111507 1,110 5,947 SH   SOLE   5,947 0 0
SANDERSON FARMS INC COM 800013104 2,096 12,977 SH   SOLE   12,977 0 0
SANMINA CORPORATION COM 801056102 219 5,900 SH   SOLE   5,900 0 0
SCANA CORP NEW COM 80589M102 1,058 21,819 SH   SOLE   21,819 0 0
SILGAN HOLDINGS INC COM 827048109 218 7,407 SH   SOLE   7,407 0 0
SYNOPSYS INC COM 871607107 943 11,716 SH   SOLE   11,716 0 0
SONOCO PRODS CO COM 835495102 1,394 27,629 SH   SOLE   27,629 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 210 2,700 SH   SOLE   2,700 0 0
SUNTRUST BKS INC COM 867914103 1,037 17,346 SH   SOLE   17,346 0 0
STEEL DYNAMICS INC COM 858119100 2,007 58,219 SH   SOLE   58,219 0 0
STATE STR CORP COM 857477103 1,167 12,215 SH   SOLE   12,215 0 0
CONSTELLATION BRANDS INC CL A 21036P108 816 4,093 SH   SOLE   4,093 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 485 22,125 SH   SOLE   22,125 0 0
SYSCO CORP COM 871829107 740 13,724 SH   SOLE   13,724 0 0
AT&T INC COM 00206R102 13,137 335,380 SH   SOLE   335,380 0 0
TECH DATA CORP COM 878237106 730 8,219 SH   SOLE   8,219 0 0
TARGET CORP COM 87612E106 1,611 27,295 SH   SOLE   27,295 0 0
HANOVER INS GROUP INC COM 410867105 700 7,224 SH   SOLE   7,224 0 0
TIFFANY & CO NEW COM 886547108 226 2,461 SH   SOLE   2,461 0 0
TAYLOR MORRISON HOME CORP CL A 87724P106 747 33,869 SH   SOLE   33,869 0 0
TARGA RES CORP COM 87612G101 828 17,502 SH   SOLE   17,502 0 0
TRUSTMARK CORP COM 898402102 265 7,995 SH   SOLE   7,995 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,132 9,236 SH   SOLE   9,236 0 0
ANDEAVOR COM 03349M105 231 2,235 SH   SOLE   2,235 0 0
TORO CO COM 891092108 241 3,887 SH   SOLE   3,887 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 1,492 14,599 SH   SOLE   14,599 0 0
TUPPERWARE BRANDS CORP COM 899896104 1,567 25,340 SH   SOLE   25,340 0 0
TIME WARNER INC COM NEW 887317303 864 8,431 SH   SOLE   8,431 0 0
TEXAS INSTRS INC COM 882508104 1,338 14,928 SH   SOLE   14,928 0 0
DOMTAR CORP COM NEW 257559203 1,368 31,531 SH   SOLE   31,531 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 833 7,506 SH   SOLE   7,506 0 0
UMPQUA HLDGS CORP COM 904214103 1,934 99,149 SH   SOLE   99,149 0 0
UNITED NAT FOODS INC COM 911163103 746 17,936 SH   SOLE   17,936 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,382 7,057 SH   SOLE   7,057 0 0
UNUM GROUP COM 91529Y106 1,489 29,113 SH   SOLE   29,113 0 0
UNION PAC CORP COM 907818108 406 3,505 SH   SOLE   3,505 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,866 15,542 SH   SOLE   15,542 0 0
US BANCORP DEL COM NEW 902973304 1,241 23,162 SH   SOLE   23,162 0 0
US FOODS HLDG CORP COM 912008109 202 7,577 SH   SOLE   7,577 0 0
U S G CORP COM NEW 903293405 809 24,777 SH   SOLE   24,777 0 0
VISA INC COM CL A 92826C839 1,049 9,964 SH   SOLE   9,964 0 0
VARIAN MED SYS INC COM 92220P105 488 4,880 SH   SOLE   4,880 0 0
VALERO ENERGY CORP NEW COM 91913Y100 4,019 52,241 SH   SOLE   52,241 0 0
VALLEY NATL BANCORP COM 919794107 271 22,503 SH   SOLE   22,503 0 0
VMWARE INC CL A COM 928563402 1,120 10,256 SH   SOLE   10,256 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 265 5,391 SH   SOLE   5,391 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 604 32,114 SH   SOLE   32,114 0 0
VECTREN CORP COM 92240G101 911 13,854 SH   SOLE   13,854 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 11,632 235,030 SH   SOLE   235,030 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 906 11,732 SH   SOLE   11,732 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 2,089 12,166 SH   SOLE   12,166 0 0
WESTERN DIGITAL CORP COM 958102105 264 3,052 SH   SOLE   3,052 0 0
WELLS FARGO CO NEW COM 949746101 1,839 33,341 SH   SOLE   33,341 0 0
ANTHEM INC COM 036752103 1,330 7,005 SH   SOLE   7,005 0 0
WASTE MGMT INC DEL COM 94106L109 1,021 13,045 SH   SOLE   13,045 0 0
WILLIAMS COS INC DEL COM 969457100 906 30,205 SH   SOLE   30,205 0 0
WAL-MART STORES INC COM 931142103 2,557 32,729 SH   SOLE   32,729 0 0
WESTROCK CO COM 96145D105 391 6,900 SH   SOLE   6,900 0 0
WATSCO INC COM 942622200 314 1,950 SH   SOLE   1,950 0 0
WESTERN UN CO COM 959802109 1,739 90,590 SH   SOLE   90,590 0 0
UNITED STATES STL CORP NEW COM 912909108 869 33,859 SH   SOLE   33,859 0 0
EXXON MOBIL CORP COM 30231G102 2,954 36,031 SH   SOLE   36,031 0 0
XEROX CORP COM NEW 984121608 2,869 86,181 SH   SOLE   86,181 0 0
ZIONS BANCORPORATION COM 989701107 1,061 22,497 SH   SOLE   22,497 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 888 5,139 SH   SOLE   5,139 0 0
JD COM INC SPON ADR CL A 47215P106 707 18,495 SH   SOLE   18,495 0 0
SHIRE PLC SPONSORED ADR 82481R106 842 5,499 SH   SOLE   5,499 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,051 8,642 SH   SOLE   8,642 0 0
ISHARES TR 20 YR TR BD ETF 464287432 499 4,000 SH   SOLE   4,000 0 0
GAP INC DEL COM 364760108 0 0 SH Put SOLE   150 0 0
ABBVIE INC COM 00287Y109 0 0 SH Put SOLE   50 0 0
BEST BUY INC COM 086516101 0 0 SH Put SOLE   150 0 0
GAP INC DEL COM 364760108 0 0 SH Put SOLE   100 0 0
MYLAN N V SHS EURO N59465109 0 0 SH Put SOLE   200 0 0
ALLERGAN PLC SHS G0177J108 0 0 SH Put SOLE   20 0 0
BEST BUY INC COM 086516101 0 0 SH Put SOLE   100 0 0
FACEBOOK INC CL A 30303M102 0 0 SH Put SOLE   40 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 1,447 22,407 SH   SOLE   22,407 0 0
AGNC INVT CORP COM 00123Q104 1,175 54,197 SH   SOLE   54,197 0 0
APPLE HOSPITALITY REIT INC COM NEW 03784Y200 539 28,492 SH   SOLE   28,492 0 0
CBL & ASSOC PPTYS INC COM 124830100 479 57,088 SH   SOLE   57,088 0 0
OUTFRONT MEDIA INC COM 69007J106 1,194 47,425 SH   SOLE   47,425 0 0
CHIMERA INVT CORP COM NEW 16934Q208 1,265 66,850 SH   SOLE   66,850 0 0
CORESITE RLTY CORP COM 21870Q105 444 3,967 SH   SOLE   3,967 0 0
CAMDEN PPTY TR SH BEN INT 133131102 10,649 116,441 SH   SOLE   116,441 0 0
COLUMBIA PPTY TR INC COM NEW 198287203 933 42,873 SH   SOLE   42,873 0 0
DUKE REALTY CORP COM NEW 264411505 215 7,454 SH   SOLE   7,454 0 0
EPR PPTYS COM SH BEN INT 26884U109 1,688 24,210 SH   SOLE   24,210 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 323 4,900 SH   SOLE   4,900 0 0
EMPIRE ST RLTY TR INC CL A 292104106 1,122 54,628 SH   SOLE   54,628 0 0
ESSEX PPTY TR INC COM 297178105 200 789 SH   SOLE   789 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 377 35,454 SH   SOLE   35,454 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 1,111 30,109 SH   SOLE   30,109 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 1,446 50,771 SH   SOLE   50,771 0 0
HOST HOTELS & RESORTS INC COM 44107P104 270 14,600 SH   SOLE   14,600 0 0
KITE RLTY GROUP TR COM NEW 49803T300 563 27,815 SH   SOLE   27,815 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 1,660 57,214 SH   SOLE   57,214 0 0
LIBERTY PPTY TR SH BEN INT 531172104 10,400 253,279 SH   SOLE   253,279 0 0
LEXINGTON REALTY TRUST COM 529043101 402 39,364 SH   SOLE   39,364 0 0
MID AMER APT CMNTYS INC COM 59522J103 10,460 97,863 SH   SOLE   97,863 0 0
MFA FINL INC COM 55272X102 589 67,195 SH   SOLE   67,195 0 0
ANNALY CAP MGMT INC COM 035710409 1,124 92,222 SH   SOLE   92,222 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 425 25,397 SH   SOLE   25,397 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 1,026 31,260 SH   SOLE   31,260 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 1,036 51,408 SH   SOLE   51,408 0 0
PARK HOTELS RESORTS INC COM 700517105 267 9,700 SH   SOLE   9,700 0 0
PROLOGIS INC COM 74340W103 236 3,716 SH   SOLE   3,716 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 1,030 7,719 SH   SOLE   7,719 0 0
RLJ LODGING TR COM 74965L101 1,211 55,032 SH   SOLE   55,032 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 268 16,700 SH   SOLE   16,700 0 0
SELECT INCOME REIT COM SH BEN INT 81618T100 568 24,233 SH   SOLE   24,233 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 1,375 70,326 SH   SOLE   70,326 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 1,409 164,450 SH   SOLE   164,450 0 0
STARWOOD PPTY TR INC COM 85571B105 339 15,595 SH   SOLE   15,595 0 0
SUN CMNTYS INC COM 866674104 618 7,212 SH   SOLE   7,212 0 0
WASHINGTON PRIME GROUP NEW COM 93964W108 523 62,777 SH   SOLE   62,777 0 0
XENIA HOTELS & RESORTS INC COM 984017103 269 12,800 SH   SOLE   12,800 0 0