Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPG	SIMON PROPERTY GROUP INC	78,908	$12.97M	1.9%	$87.97	+10.1%	COMMON STOCK	828806109
—	ACCENTURE PLC-CL A	136,700	$12.64M	1.9%	$45.43	—	COMMON STOCK	000000000
WFC	WELLS FARGO and CO	238,000	$12.35M	1.8%	$27.89	+34.2%	COMMON STOCK	949746101
JPM	JPMORGAN CHASE and CO	199,000	$11.99M	1.8%	$38.53	+12.0%	COMMON STOCK	46625H100
CL	COLGATE-PALMOLIVE CO	180,000	$11.74M	1.7%	$48.50	+4.5%	COMMON STOCK	194162103
—	GENERAL ELECTRIC CO	452,000	$11.58M	1.7%	$23.45	—	COMMON STOCK	369604103
MRK	MERCK and CO. INC.	187,200	$11.1M	1.6%	$31.08	+26.7%	COMMON STOCK	58933Y105
JNJ	JOHNSON and JOHNSON	104,000	$11.09M	1.6%	$59.66	+26.7%	COMMON STOCK	478160104
XOM	EXXON MOBIL CORP	115,000	$10.82M	1.6%	$53.80	+14.3%	COMMON STOCK	30231G102
PFE	PFIZER INC	358,600	$10.6M	1.6%	$16.60	+5.1%	COMMON STOCK	717081103
AAPL	APPLE INC	105,000	$10.58M	1.6%	$17.95	+20.5%	COMMON STOCK	037833100
IBM	INTL BUSINESS MACHINES CORP	49,100	$9.321M	1.4%	$116.68	-2.0%	COMMON STOCK	459200101
PG	PROCTER and GAMBLE CO/THE	105,000	$8.793M	1.3%	$55.38	+7.9%	COMMON STOCK	742718109
PEP	PEPSICO INC	92,000	$8.564M	1.3%	$56.00	+15.9%	COMMON STOCK	713448108
AMGN	AMGEN INC	60,000	$8.428M	1.2%	$73.34	+28.9%	COMMON STOCK	031162100
QCOM	QUALCOMM INC	112,000	$8.374M	1.2%	$45.76	+21.1%	COMMON STOCK	747525103
ORCL	ORACLE CORP	212,000	$8.115M	1.2%	$27.58	+24.0%	COMMON STOCK	68389X105
HD	HOME DEPOT INC	86,500	$7.936M	1.2%	$57.87	+13.6%	COMMON STOCK	437076102
KO	COCA-COLA CO/THE	184,000	$7.849M	1.2%	$27.89	+3.5%	COMMON STOCK	191216100
MSFT	MICROSOFT CORP	168,000	$7.788M	1.1%	$26.70	+41.0%	COMMON STOCK	594918104
MMM	3M CO	52,759	$7.475M	1.1%	$69.19	+20.7%	COMMON STOCK	88579Y101
GILD	GILEAD SCIENCES INC	70,000	$7.452M	1.1%	$60.48	+12.5%	COMMON STOCK	375558103
PWR	QUANTA SERVICES INC	198,000	$7.185M	1.1%	$27.23	+28.2%	COMMON STOCK	74762E102
PM	PHILIP MORRIS INTERNATIONAL	86,000	$7.172M	1.1%	$49.85	-3.9%	COMMON STOCK	718172109
BIIB	BIOGEN IDEC INC	21,400	$7.079M	1.0%	$213.68	+54.3%	COMMON STOCK	09062X103
OXY	OCCIDENTAL PETROLEUM CORP	73,500	$7.067M	1.0%	$63.26	+7.6%	COMMON STOCK	674599105
SLB	SCHLUMBERGER LTD	68,000	$6.915M	1.0%	$55.91	+42.2%	COMMON STOCK	806857108
UNH	UNITEDHEALTH GROUP INC	77,000	$6.641M	1.0%	$59.54	+18.1%	COMMON STOCK	91324P102
—	HCP INC	164,593	$6.536M	1.0%	$41.99	—	COMMON STOCK	40414L109
INTC	INTEL CORP	187,300	$6.522M	1.0%	$17.18	+49.9%	COMMON STOCK	458140100
C	CITIGROUP INC	123,800	$6.415M	0.9%	$36.70	+2.0%	COMMON STOCK	172967424
—	GOOGLE INC-CL A	10,510	$6.184M	0.9%	$880.35	—	COMMON STOCK	38259P508
—	UNITED TECHNOLOGIES CORP	58,000	$6.125M	0.9%	$92.95	—	COMMON STOCK	913017109
MCD	MCDONALD'S CORP	64,400	$6.106M	0.9%	$71.80	-0.8%	COMMON STOCK	580135101
—	GOOGLE INC-CL C	10,510	$6.068M	0.9%	$575.26	—	COMMON STOCK	38259P706
—	TIME WARNER INC	78,800	$5.927M	0.9%	$57.82	—	COMMON STOCK	887317303
VTR	VENTAS INC	93,382	$5.785M	0.8%	$46.69	-5.3%	COMMON STOCK	92276F100
CMCSA	COMCAST CORP-CLASS A	105,000	$5.618M	0.8%	$15.62	+35.6%	COMMON STOCK	20030N101
—	WISCONSIN ENERGY CORP	126,000	$5.418M	0.8%	$46.64	—	COMMON STOCK	976657106
CVS	CVS HEALTH CORPORATION	65,000	$5.173M	0.8%	$43.41	+32.4%	COMMON STOCK	126650100
BMY	BRISTOL-MYERS SQUIBB CO	101,000	$5.169M	0.8%	$28.67	+19.4%	COMMON STOCK	110122108
UNP	UNION PACIFIC CORP	47,400	$5.139M	0.8%	$67.45	+19.1%	COMMON STOCK	907818108
KR	KROGER CO	98,000	$5.096M	0.7%	$13.44	+51.3%	COMMON STOCK	501044101
—	MEDTRONIC INC	81,600	$5.055M	0.7%	$53.19	—	COMMON STOCK	585055106
CTSH	COGNIZANT TECH SOLUTIONS-A	112,600	$5.041M	0.7%	$40.87	+2.1%	COMMON STOCK	192446102
DIS	WALT DISNEY CO/THE	55,200	$4.914M	0.7%	$56.11	+41.3%	COMMON STOCK	254687106
SBUX	STARBUCKS CORP	63,600	$4.799M	0.7%	$24.37	+26.6%	COMMON STOCK	855244109
PSA	PUBLIC STORAGE	28,274	$4.689M	0.7%	$97.16	+13.7%	COMMON STOCK	74460D109
LLY	ELI LILLY and CO	71,300	$4.624M	0.7%	$42.21	+21.7%	COMMON STOCK	532457108
NEE	NEXTERA ENERGY INC	48,000	$4.506M	0.7%	$14.15	+26.7%	COMMON STOCK	65339F101
CAT	CATERPILLAR INC	44,500	$4.407M	0.6%	$63.99	+23.9%	COMMON STOCK	149123101
ADM	ARCHER-DANIELS-MIDLAND CO	85,600	$4.374M	0.6%	$23.37	+50.9%	COMMON STOCK	039483102
MET	METLIFE INC	80,500	$4.324M	0.6%	$28.08	+18.5%	COMMON STOCK	59156R108
HAL	HALLIBURTON CO	66,600	$4.296M	0.6%	$33.21	+66.2%	COMMON STOCK	406216101
—	PRECISION CASTPARTS CORP	18,100	$4.288M	0.6%	$227.24	—	COMMON STOCK	740189105
EMN	EASTMAN CHEMICAL CO	53,000	$4.287M	0.6%	$48.74	+20.0%	COMMON STOCK	277432100
CSCO	CISCO SYSTEMS INC	168,000	$4.229M	0.6%	$15.57	+13.7%	COMMON STOCK	17275R102
—	NATIONAL OILWELL VARCO INC	55,000	$4.186M	0.6%	$71.17	—	COMMON STOCK	637071101
AVB	AVALONBAY COMMUNITIES INC	29,520	$4.161M	0.6%	$85.93	+18.2%	COMMON STOCK	053484101
DLR	DIGITAL REALTY TRUST INC	66,600	$4.155M	0.6%	$37.62	+10.6%	COMMON STOCK	253868103
—	KELLOGG CO	65,000	$4.004M	0.6%	$39.38	+2.9%	COMMON STOCK	487836108
MO	ALTRIA GROUP INC	86,000	$3.951M	0.6%	$16.28	+27.0%	COMMON STOCK	02209S103
ABBV	ABBVIE INC	66,000	$3.812M	0.6%	$26.55	+32.5%	COMMON STOCK	00287Y109
HST	HOST HOTELS and RESORTS INC	177,498	$3.786M	0.6%	$10.74	+30.6%	COMMON STOCK	44107P104
KMB	KIMBERLY-CLARK CORP	35,000	$3.765M	0.6%	$63.06	+12.3%	COMMON STOCK	494368103
COP	CONOCOPHILLIPS	48,000	$3.673M	0.5%	$39.96	+41.9%	COMMON STOCK	20825C104
—	MONSANTO CO	32,000	$3.6M	0.5%	$98.81	—	COMMON STOCK	61166W101
CF	CF Industries Holdings INC	12,800	$3.574M	0.5%	$27.49	+34.8%	COMMON STOCK	125269100
TRV	TRAVELERS COS INC/THE	38,000	$3.57M	0.5%	$63.44	+14.3%	COMMON STOCK	89417E109
MKC	MCCORMICK and CO-NON VTG SHRS	53,000	$3.546M	0.5%	$27.81	-0.5%	COMMON STOCK	579780206
A	AGILENT TECHNOLOGIES INC	62,100	$3.538M	0.5%	$31.40	+18.5%	COMMON STOCK	00846U101
GIS	GENERAL MILLS INC	70,000	$3.532M	0.5%	$31.98	+10.9%	COMMON STOCK	370334104
PRU	PRUDENTIAL FINANCIAL INC	39,600	$3.482M	0.5%	$43.51	+26.3%	COMMON STOCK	744320102
MAA	MID-AMERICA APARTMENT COMM	53,000	$3.479M	0.5%	$43.58	+9.6%	COMMON STOCK	59522J103
ARE	ALEXANDRIA REAL ESTATE EQUIT	45,800	$3.378M	0.5%	$45.03	+15.6%	COMMON STOCK	015271109
—	PRAXAIR INC	26,000	$3.354M	0.5%	$125.26	—	COMMON STOCK	74005P104
ECL	ECOLAB INC	29,000	$3.33M	0.5%	$81.64	+21.6%	COMMON STOCK	278865100
SO	SOUTHERN CO/THE	76,000	$3.317M	0.5%	$26.74	+1.4%	COMMON STOCK	842587107
EQR	EQUITY RESIDENTIAL	53,856	$3.316M	0.5%	$31.42	+17.5%	COMMON STOCK	29476L107
BAC	BANK OF AMERICA CORP	192,600	$3.284M	0.5%	$10.57	+19.0%	COMMON STOCK	060505104
COST	COSTCO WHOLESALE CORP	26,000	$3.258M	0.5%	$91.64	+6.0%	COMMON STOCK	22160K105
EL	ESTEE LAUDER COMPANIES-CL A	43,000	$3.213M	0.5%	$58.22	+11.8%	COMMON STOCK	518439104
—	HOME PROPERTIES INC	54,600	$3.18M	0.5%	$61.92	—	COMMON STOCK	437306103
—	PRICELINE GROUP INC/THE	2,740	$3.175M	0.5%	$1011.00	—	COMMON STOCK	741503403
—	BIOMED REALTY TRUST INC	156,500	$3.161M	0.5%	$20.45	—	COMMON STOCK	09063H107
—	HESS CORP	33,500	$3.16M	0.5%	$66.49	—	COMMON STOCK	42809H107
ELS	EQUITY LIFESTYLE PROPERTIES	74,000	$3.135M	0.5%	$51.32	—	COMMON STOCK	29472R108
—	KRAFT FOODS GROUP INC	54,650	$3.082M	0.5%	$56.01	—	COMMON STOCK	50076Q106
EBAY	EBAY INC	54,400	$3.081M	0.5%	$19.82	-0.1%	COMMON STOCK	278642103
—	SELECT INCOME REIT	127,800	$3.074M	0.5%	$27.70	—	COMMON STOCK	81618T100
BK	BANK OF NEW YORK MELLON CORP	78,600	$3.044M	0.4%	$21.22	+38.7%	COMMON STOCK	064058100
—	ANADARKO PETROLEUM CORP	30,000	$3.043M	0.4%	$93.00	—	COMMON STOCK	032511107
—	HOSPITALITY PROPERTIES TRUST	112,434	$3.019M	0.4%	$27.41	—	COMMON STOCK	44106M102
NSC	NORFOLK SOUTHERN CORP	27,000	$3.013M	0.4%	$57.67	+43.2%	COMMON STOCK	655844108
ROST	ROSS STORES INC	39,600	$2.993M	0.4%	$30.20	+3.1%	COMMON STOCK	778296103
EPR	EPR PROPERTIES	57,300	$2.904M	0.4%	$51.02	—	COMMON STOCK	26884U109
VFC	VF CORP	43,700	$2.886M	0.4%	$50.62	+18.2%	COMMON STOCK	918204108
UPS	UNITED PARCEL SERVICE-CL B	29,300	$2.88M	0.4%	$55.38	+19.8%	COMMON STOCK	911312106
FMC	FMC CORP	50,050	$2.862M	0.4%	$45.54	-2.6%	COMMON STOCK	302491303
MCK	MCKESSON CORP	14,600	$2.842M	0.4%	$101.46	+74.3%	COMMON STOCK	58155Q103
CPT	CAMDEN PROPERTY TRUST	41,269	$2.828M	0.4%	$41.27	+12.5%	COMMON STOCK	133131102
—	TIME WARNER CABLE	19,700	$2.827M	0.4%	$112.47	—	COMMON STOCK	88732J207
KIM	KIMCO REALTY CORP	128,731	$2.82M	0.4%	$12.61	+5.5%	COMMON STOCK	49446R109
—	NOBLE ENERGY INC	41,000	$2.803M	0.4%	$60.04	—	COMMON STOCK	655044105
RLJ	RLJ LODGING TRUST	98,200	$2.796M	0.4%	$23.24	—	COMMON STOCK	74965L101
DE	DEERE and CO	34,000	$2.788M	0.4%	$68.04	+2.0%	COMMON STOCK	244199105
BEN	FRANKLIN RESOURCES INC	51,000	$2.785M	0.4%	$32.15	+4.5%	COMMON STOCK	354613101
CE	CELANESE CORP-SERIES A	47,500	$2.78M	0.4%	$37.17	+33.3%	COMMON STOCK	150870103
VNO	VORNADO REALTY TRUST	27,765	$2.775M	0.4%	$82.84	—	COMMON STOCK	929042109
—	SENIOR HOUSING PROP TRUST	132,100	$2.764M	0.4%	$24.39	—	COMMON STOCK	81721M109
ABT	ABBOTT LABORATORIES	66,000	$2.745M	0.4%	$28.85	+18.3%	COMMON STOCK	002824100
—	ASSOCIATED ESTATES REALTY CP	156,500	$2.74M	0.4%	$16.59	—	COMMON STOCK	045604105
UDR	UDR INC	99,867	$2.721M	0.4%	$15.84	+22.5%	COMMON STOCK	902653104
ZBH	ZIMMER HOLDINGS INC	26,400	$2.655M	0.4%	$67.30	+33.1%	COMMON STOCK	98956P102
SKT	TANGER FACTORY OUTLET CENTER	79,500	$2.601M	0.4%	$33.65	—	COMMON STOCK	875465106
TGT	TARGET CORP	41,500	$2.601M	0.4%	$47.95	-9.8%	COMMON STOCK	87612E106
—	MEAD JOHNSON NUTRITION CO	27,000	$2.598M	0.4%	$85.52	—	COMMON STOCK	582839106
BAX	BAXTER INTERNATIONAL INC	36,000	$2.584M	0.4%	$30.40	+10.0%	COMMON STOCK	071813109
WM	WASTE MANAGEMENT INC	51,500	$2.448M	0.4%	$30.75	+18.5%	COMMON STOCK	94106L109
—	HEALTH CARE REIT INC	38,853	$2.423M	0.4%	$67.03	—	COMMON STOCK	42217K106
USB	US BANCORP	57,700	$2.414M	0.4%	$22.41	+26.8%	COMMON STOCK	902973304
DLTR	DOLLAR TREE INC	42,800	$2.4M	0.4%	$48.73	+13.1%	COMMON STOCK	256746108
SUI	SUN COMMUNITIES INC	47,053	$2.376M	0.3%	$48.11	—	COMMON STOCK	866674104
BXP	BOSTON PROPERTIES INC	20,417	$2.363M	0.3%	$64.00	+16.0%	COMMON STOCK	101121101
AFL	AFLAC INC	40,100	$2.336M	0.3%	$22.45	+3.5%	COMMON STOCK	001055102
AMAT	APPLIED MATERIALS INC	107,700	$2.327M	0.3%	$12.22	+56.9%	COMMON STOCK	038222105
—	PHYSICIANS REALTY TRUST	155,000	$2.127M	0.3%	$13.94	—	COMMON STOCK	71943U104
—	INLAND REAL ESTATE CORP	212,500	$2.106M	0.3%	$10.26	—	COMMON STOCK	457461200
FOSL	FOSSIL GROUP INC	22,000	$2.066M	0.3%	$116.53	-13.6%	COMMON STOCK	34988V106
—	DR PEPPER SNAPPLE GROUP INC	32,000	$2.058M	0.3%	$45.92	—	COMMON STOCK	26138E109
MAC	MACERICH CO/THE	32,007	$2.043M	0.3%	$60.58	—	COMMON STOCK	554382101
—	LIBERTY PROPERTY TRUST	59,096	$1.966M	0.3%	$36.96	—	COMMON STOCK	531172104
—	DU PONT (E.I.) DE NEMOURS	27,300	$1.959M	0.3%	$52.51	—	COMMON STOCK	263534109
—	CHESAPEAKE LODGING TRUST	67,000	$1.953M	0.3%	$22.49	—	COMMON STOCK	165240102
—	DUKE REALTY CORP	111,024	$1.907M	0.3%	$15.90	—	COMMON STOCK	264411505
—	WEINGARTEN REALTY INVESTORS	60,336	$1.901M	0.3%	$30.78	—	COMMON STOCK	948741103
PNC	PNC FINANCIAL SERVICES GROUP	21,800	$1.866M	0.3%	$51.33	+16.6%	COMMON STOCK	693475105
AMP	AMERIPRISE FINANCIAL INC	14,700	$1.814M	0.3%	$59.57	+62.1%	COMMON STOCK	03076C106
DVN	DEVON ENERGY CORPORATION	26,500	$1.807M	0.3%	$37.00	+35.9%	COMMON STOCK	25179M103
—	ST JUDE MEDICAL INC	29,800	$1.792M	0.3%	$45.64	—	COMMON STOCK	790849103
—	LASALLE HOTEL PROPERTIES	52,100	$1.784M	0.3%	$24.70	—	COMMON STOCK	517942108
BDN	BRANDYWINE REALTY TRUST	120,400	$1.694M	0.2%	$13.58	—	COMMON STOCK	105368203
—	EMC CORP/MA	55,700	$1.63M	0.2%	$23.61	—	COMMON STOCK	268648102
—	MEADWESTVACO CORP	38,000	$1.556M	0.2%	$34.11	—	COMMON STOCK	583334107
—	COACH INC	43,600	$1.553M	0.2%	$54.52	—	COMMON STOCK	189754101
—	GENERAL GROWTH PROPERTIES	65,500	$1.543M	0.2%	$19.86	—	COMMON STOCK	370023103
—	VIACOM INC-CLASS B	19,500	$1.5M	0.2%	$68.02	—	COMMON STOCK	92553P201
—	CONSOL ENERGY INC	38,700	$1.465M	0.2%	$27.10	—	COMMON STOCK	20854P109
EMR	EMERSON ELECTRIC CO	23,100	$1.446M	0.2%	$40.02	+19.4%	COMMON STOCK	291011104
—	AIRGAS INC	12,800	$1.416M	0.2%	$101.54	—	COMMON STOCK	009363102
NUS	NU SKIN ENTERPRISES INC - A	28,500	$1.283M	0.2%	$57.45	-36.3%	COMMON STOCK	67018T105
—	FEDERAL REALTY INVS TRUST	10,468	$1.24M	0.2%	$103.65	—	COMMON STOCK	313747206
HIW	HIGHWOODS PROPERTIES INC	30,802	$1.198M	0.2%	$35.61	—	COMMON STOCK	431284108
MOS	MOSAIC CO/THE	25,000	$1.11M	0.2%	$46.26	-19.1%	COMMON STOCK	61945C103
HOG	HARLEY-DAVIDSON INC	18,600	$1.083M	0.2%	$54.04	+18.3%	COMMON STOCK	412822108
—	RETAIL OPPORTUNITY INVESTMEN	69,500	$1.022M	0.2%	$13.90	—	COMMON STOCK	76131N101
—	PETSMART INC	14,000	$981K	0.1%	$76.29	—	COMMON STOCK	716768106
—	SL GREEN REALTY CORP	8,923	$904K	0.1%	$88.17	—	COMMON STOCK	78440X101
ESS	ESSEX PROPERTY TRUST INC	5,000	$894K	0.1%	$105.05	+24.5%	COMMON STOCK	297178105
—	JOY GLOBAL INC	15,600	$851K	0.1%	$48.53	—	COMMON STOCK	481165108
NEM	NEWMONT MINING CORP	36,300	$837K	0.1%	$25.34	-21.6%	COMMON STOCK	651639106
ADC	AGREE REALTY CORP	26,000	$712K	0.1%	$27.38	—	COMMON STOCK	008492100
—	DCT INDUSTRIAL TRUST INC	92,100	$692K	0.1%	$7.16	—	COMMON STOCK	233153105
—	HEALTHCARE REALTY TRUST INC	27,682	$656K	0.1%	$25.50	—	COMMON STOCK	421946104
—	DIAMOND OFFSHORE DRILLING	16,500	$565K	0.1%	$68.81	—	COMMON STOCK	25271C102
DNOW	NOW INC	13,750	$418K	0.1%	$33.70	-2.8%	COMMON STOCK	67011P100