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 791 21,824 SH   SOLE   21,824 0 0
AGREE REALTY CORP COM 008492100 393 7,943 SH   SOLE   7,943 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 684 6,284 SH   SOLE   6,284 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 474 21,899 SH   SOLE   21,899 0 0
AMERICAN TOWER CORP NEW COM 03027X100 2,255 19,900 SH   SOLE   19,900 0 0
AVALONBAY CMNTYS INC COM 053484101 1,463 8,226 SH   SOLE   8,226 0 0
BOSTON PROPERTIES INC COM 101121101 1,091 8,003 SH   SOLE   8,003 0 0
CARETRUST REIT INC COM 14174T107 371 25,071 SH   SOLE   25,071 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 362 50,298 SH   SOLE   50,298 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 368 16,063 SH   SOLE   16,063 0 0
COMMUNICATIONS SALES&LEAS IN COM 20341J104 511 16,264 SH   SOLE   16,264 0 0
CYRUSONE INC COM 23283R100 537 11,283 SH   SOLE   11,283 0 0
DUKE REALTY CORP COM NEW 264411505 690 25,260 SH   SOLE   25,260 0 0
EASTGROUP PPTY INC COM 277276101 432 5,868 SH   SOLE   5,868 0 0
EDUCATION RLTY TR INC COM NEW 28140H203 445 10,322 SH   SOLE   10,322 0 0
EQUINIX INC COM PAR $0.001 29444U700 1,479 4,106 SH   SOLE   4,106 0 0
ESSEX PPTY TR INC COM 297178105 1,410 6,330 SH   SOLE   6,330 0 0
EXTRA SPACE STORAGE INC COM 30225T102 916 11,533 SH   SOLE   11,533 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 916 33,189 SH   SOLE   33,189 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 769 23,565 SH   SOLE   23,565 0 0
HIGHWOODS PPTYS INC COM 431284108 524 10,053 SH   SOLE   10,053 0 0
HUDSON PAC PPTYS INC COM 444097109 535 16,281 SH   SOLE   16,281 0 0
KITE RLTY GROUP TR COM NEW 49803T300 428 15,448 SH   SOLE   15,448 0 0
LAS VEGAS SANDS CORP COM 517834107 510 8,867 SH   SOLE   8,867 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 579 24,252 SH   SOLE   24,252 0 0
LIFE STORAGE INC COM 53223X107 809 9,101 SH   SOLE   9,101 0 0
MACERICH CO COM 554382101 848 10,492 SH   SOLE   10,492 0 0
MARRIOTT INTL INC NEW CL A 571903202 475 7,059 SH   SOLE   7,059 0 0
NATIONAL HEALTH INVS INC COM 63633D104 439 5,597 SH   SOLE   5,597 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 732 14,396 SH   SOLE   14,396 0 0
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 328 15,671 SH   SOLE   15,671 0 0
PHYSICIANS RLTY TR COM 71943U104 709 32,938 SH   SOLE   32,938 0 0
POST PPTYS INC COM 737464107 466 7,045 SH   SOLE   7,045 0 0
PROLOGIS INC COM 74340W103 1,497 27,967 SH   SOLE   27,967 0 0
QTS RLTY TR INC COM CL A 74736A103 332 6,276 SH   SOLE   6,276 0 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 503 22,889 SH   SOLE   22,889 0 0
SIMON PPTY GROUP INC NEW COM 828806109 2,820 13,622 SH   SOLE   13,622 0 0
SL GREEN RLTY CORP COM 78440X101 976 9,027 SH   SOLE   9,027 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 843 63,230 SH   SOLE   63,230 0 0
STORE CAP CORP COM 862121100 500 16,981 SH   SOLE   16,981 0 0
SUN CMNTYS INC COM 866674104 533 6,792 SH   SOLE   6,792 0 0
TERRENO RLTY CORP COM 88146M101 397 14,446 SH   SOLE   14,446 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 739 18,956 SH   SOLE   18,956 0 0
WELLTOWER INC COM 95040Q104 1,538 20,569 SH   SOLE   20,569 0 0