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
AETNA INC Common Stock 00817Y108 120 965 SH   OTR   0 965 0
AFLAC INC Common Stock 001055102 462 6,630 SH   OTR   0 6,630 0
AGNC INVESTMENT CORP REITS 00123Q104 124 6,832 SH   SOLE   6,832 0 0
ALEXANDRIA REAL ESTATE EQUIT REITS 015271109 1,278 11,504 SH   SOLE   11,504 0 0
ALLEGHANY CORP Common Stock 017175100 183 300 SH   OTR   0 300 0
AMERICAN CAMPUS COMMUNITIES REITS 024835100 685 13,751 SH   SOLE   13,751 0 0
AMERICAN EXPRESS COMPANY Common Stock 025816109 571 7,703 SH   OTR   0 7,703 0
AMERICAN TOWER CORP REITS 03027X100 307 2,900 SH   SOLE   2,900 0 0
APACHE CORP Common Stock 037411105 229 3,605 SH   OTR   0 3,605 0
APARTMENTS INVESTMENT REITS 03748R101 1,063 23,394 SH   SOLE   23,394 0 0
AT & T INC Common Stock 00206R102 479 11,250 SH   OTR   0 11,250 0
AVALONBAY COMMUNITIES INC REITS 053484101 4,798 27,074 SH   SOLE   27,074 0 0
BERKSHIRE HATHAWAY INC. Common Stock 084670702 661 4,054 SH   OTR   0 4,054 0
BOSTON PROPERTIES INC REITS 101121101 3,453 27,443 SH   SOLE   27,443 0 0
BRANDYWINE REALTY TRUST REITS 105368203 132 8,000 SH   SOLE   8,000 0 0
CAMDEN PROPERTY TRUST REITS 133131102 778 9,255 SH   SOLE   9,255 0 0
CARE CAPITAL PROPERTIES INC REITS 141624106 1,934 77,394 SH   SOLE   77,394 0 0
CBL & ASSOCIATES PROPERTIES REITS 124830100 1,196 103,962 SH   SOLE   103,962 0 0
CHEVRON CORPORATION Common Stock 166764100 519 4,410 SH   OTR   0 4,410 0
CITIGROUP INC Common Stock 172967424 363 6,115 SH   OTR   0 6,115 0
CITY OFFICE REIT INC REITS 178587101 229 17,400 SH   SOLE   17,400 0 0
COMMUNICATIONS SALES & LEASING REITS 20341J104 2,171 85,435 SH   SOLE   85,435 0 0
CORECIVIC INC REITS 21871N101 2,023 82,719 SH   SOLE   82,719 0 0
CORENERGY INFRASTRUCTURE TRUST REITS 21870U502 409 11,720 SH   SOLE   11,720 0 0
CORPORATE OFFICE PROPERTIES REITS 22002T108 611 19,555 SH   SOLE   19,555 0 0
CUBESMART REITS 229663109 1,009 37,700 SH   SOLE   37,700 0 0
DCT INDUSTRIAL TRUST INC REITS 233153204 89 1,860 SH   SOLE   1,860 0 0
DDR CORP REITS 23317H102 856 56,064 SH   SOLE   56,064 0 0
DIAMONDROCK HOSPITALITY CO REITS 252784301 3 282 SH   SOLE   282 0 0
DIGITAL REALTY TRUST INC REITS 253868103 294 2,990 SH   SOLE   2,990 0 0
DOUGLAS EMMETT INC REITS 25960P109 380 10,400 SH   SOLE   10,400 0 0
DUKE REALTY CORP REITS 264411505 823 31,005 SH   SOLE   31,005 0 0
DUPONT FABROS TECHNOLOGY INC REITS 26613Q106 5 112 SH   SOLE   112 0 0
EASTGROUP PROPERTIES INC REITS 277276101 173 2,340 SH   SOLE   2,340 0 0
EMERSON ELECTRIC CO Common Stock 291011104 221 3,965 SH   OTR   0 3,965 0
EMPIRE STATE REALTY TRUST INC REITS 292104106 211 10,494 SH   SOLE   10,494 0 0
EQUITY COMMONWEALTH REITS 294628102 467 15,431 SH   SOLE   15,431 0 0
EQUITY LIFESTYLE PROPERTIES REITS 29472R108 2,016 27,956 SH   SOLE   27,956 0 0
EQUITY RESIDENTIAL PROPS TR REITS 29476L107 4,658 72,376 SH   SOLE   72,376 0 0
ESSEX PROPERTY TRUST INC REITS 297178105 2,337 10,045 SH   SOLE   10,045 0 0
EXTRA SPACE STORAGE INC REITS 30225T102 4,403 57,000 SH   SOLE   57,000 0 0
EXXON MOBIL CORP Common Stock 30231G102 332 3,675 SH   OTR   0 3,675 0
FEDERAL REALTY INVS TRUST REITS 313747206 997 7,017 SH   SOLE   7,017 0 0
FIRST INDUSTRIAL REALTY TR REITS 32054K103 258 9,200 SH   SOLE   9,200 0 0
FIRST POTOMAC REALTY TRUST REITS 33610F109 80 7,300 SH   SOLE   7,300 0 0
FIVE OAKS INVESTMENT CORP REITS 33830W106 63 12,687 SH   SOLE   12,687 0 0
FOREST CITY REALTY TRUST REITS 345605109 763 36,600 SH   SOLE   36,600 0 0
FRANLKLIN STREET PROPERTIES C REITS 35471R106 154 11,914 SH   SOLE   11,914 0 0
GENERAL GROWTH PROPERTIES REITS 370023103 4,102 164,162 SH   SOLE   164,162 0 0
HCP INC REITS 40414L109 2,818 94,715 SH   SOLE   94,715 0 0
HEALTHCARE TRUST OF AMERICA IN REITS 42225P501 175 6,030 SH   SOLE   6,030 0 0
HOSPITALITY PROPERTIES TRUST REITS 44106M102 751 23,667 SH   SOLE   23,667 0 0
HOST HOTELS & RESORTS INC REITS 44107P104 1,971 104,538 SH   SOLE   104,538 0 0
HYSTER YALE MATERIALS Common Stock 449172105 196 3,075 SH   OTR   0 3,075 0
INTEL CORP Common Stock 458140100 238 6,555 SH   OTR   0 6,555 0
IRON MOUNTAIN INC REITS 46284V101 28 853 SH   SOLE   853 0 0
KILROY REALTY CORP REITS 49427F108 167 2,280 SH   SOLE   2,280 0 0
KIMCO REALTY CORP REITS 49446R109 640 25,437 SH   SOLE   25,437 0 0
KITE REALTY GROUP TRUST REITS 49803T300 267 11,405 SH   SOLE   11,405 0 0
LASALLE HOTEL PROPERTIES REITS 517942108 772 25,324 SH   SOLE   25,324 0 0
LIBERTY PROPERTY TRUST REITS 531172104 152 3,850 SH   SOLE   3,850 0 0
LIFE STORAGE INC REITS 53223X107 3,938 46,176 SH   SOLE   46,176 0 0
LTC PROPERTIES INC REITS 502175102 76 1,620 SH   SOLE   1,620 0 0
MACK-CALI REALTY CORPORATION REITS 554489104 472 16,278 SH   SOLE   16,278 0 0
MICROSOFT CORP Common Stock 594918104 519 8,355 SH   OTR   0 8,355 0
MID-AMERICA APARTMENT COMM INC REITS 59522J103 2,083 21,273 SH   SOLE   21,273 0 0
NATIONAL OILWELL VARCO INC Common Stock 637071101 381 10,171 SH   OTR   0 10,171 0
NATIONAL RETAIL PROPERTIES REITS 637417106 97 2,200 SH   SOLE   2,200 0 0
NEW YORK REIT INC REITS 64976L109 493 48,654 SH   SOLE   48,654 0 0
NOW INC/DE Common Stock 67011P100 197 9,646 SH   OTR   0 9,646 0
OMEGA HEALTHCARE INVESTORS REITS 681936100 423 13,528 SH   SOLE   13,528 0 0
ONE LIBERTY PROPERTIES INC REITS 682406103 1,119 44,577 SH   SOLE   44,577 0 0
OWENS REALTY MORTGAGE INC REITS 690828108 310 16,742 SH   SOLE   16,742 0 0
PARAMOUNT GROUP INC REITS 69924R108 1,180 73,777 SH   SOLE   73,777 0 0
PENN REAL ESTATE INVEST TRUST REITS 709102107 176 9,291 SH   SOLE   9,291 0 0
PIEDMONT OFFICE REALTY TRUST REITS 720190206 426 20,372 SH   SOLE   20,372 0 0
PROCTER GAMBLE CO Common Stock 742718109 252 2,996 SH   OTR   0 2,996 0
PROLOGIS INC REITS 74340W103 1,501 28,423 SH   SOLE   28,423 0 0
PUBLIC STORAGE INC REITS 74460D109 8,624 38,609 SH   SOLE   38,609 0 0
QUALITY CARE PROPERTIES REITS 747545101 400 25,788 SH   SOLE   25,788 0 0
RAMCO GERHENSON PROPERTIES REITS 751452202 195 11,750 SH   SOLE   11,750 0 0
REGENCY CENTERS CORP REITS 758849103 508 7,371 SH   SOLE   7,371 0 0
RETAIL PROPERTIES OF AMERICA REITS 76131V202 744 48,514 SH   SOLE   48,514 0 0
SELECT INCOME REIT REITS 81618T100 2,465 97,826 SH   SOLE   97,826 0 0
SENIOR HOUSING PROP TRUST REITS 81721M109 538 28,400 SH   SOLE   28,400 0 0
SIMON PROPERTY GROUP INC REITS 828806109 9,771 54,890 SH   SOLE   54,890 0 0
SL GREEN REITS 78440X101 959 8,921 SH   SOLE   8,921 0 0
SPIRIT REALTY CAPITAL REITS 84860W102 239 22,015 SH   SOLE   22,015 0 0
STAPLES INC Common Stock 855030102 283 31,260 SH   OTR   0 31,260 0
STORE CAPITAL CORP REITS 862121100 74 3,000 SH   SOLE   3,000 0 0
STRYKER CORP Common Stock 863667101 312 2,605 SH   OTR   0 2,605 0
SUN COMMUNITIES INC REITS 866674104 906 11,817 SH   SOLE   11,817 0 0
SUNSTONE HOTEL INVESTORS INC REITS 867892101 253 16,616 SH   SOLE   16,616 0 0
TANGER FACTORY OUTLET CENTERS REITS 875465106 3,035 84,789 SH   SOLE   84,789 0 0
TAUBMAN CENTERS INC REITS 876664103 2,029 27,448 SH   SOLE   27,448 0 0
TELEPHONE AND DATA SYSTEMS Common Stock 879433829 122 4,218 SH   OTR   0 4,218 0
THE MACERICH CO REITS 554382101 810 11,434 SH   SOLE   11,434 0 0
TIER REIT INC REITS 88650V208 964 55,438 SH   SOLE   55,438 0 0
UDR INC REITS 902653104 410 11,242 SH   SOLE   11,242 0 0
VALMONT INDUSTRIES Common Stock 920253101 174 1,236 SH   OTR   0 1,236 0
VARIAN MEDICAL SYSTEMS Common Stock 92220P105 337 3,750 SH   OTR   0 3,750 0
VENTAS INC REITS 92276F100 3,629 58,041 SH   SOLE   58,041 0 0
VEREIT INC REITS 92339V100 101 12,000 SH   SOLE   12,000 0 0
VORNADO REALTY TRUST REITS 929042109 3,519 33,715 SH   SOLE   33,715 0 0
WAL MART STORES INC Common Stock 931142103 337 4,868 SH   OTR   0 4,868 0
WASHINGTON PRIME GROUP INC REITS 93964W108 850 81,573 SH   SOLE   81,573 0 0
WASHINGTON REAL ESTATE INV REITS 939653101 1 32 SH   SOLE   32 0 0
WEINGARTEN REALTY INVST REITS 948741103 322 8,998 SH   SOLE   8,998 0 0
WELLS FARGO & COMPANY Common Stock 949746101 641 11,630 SH   OTR   0 11,630 0
WELLTOWER INC REITS 95040Q104 3,921 58,583 SH   SOLE   58,583 0 0