Pensionfund Sabic Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC-CL A	5,080	$3,243	1.0%	$31.95	0.0%	COMMON STOCK	02079K305
GOOG	ALPHABET INC-CL C	5,087	$3,095	1.0%	$30.50	0.0%	COMMON STOCK	02079K107
T	ATandT INC	90,000	$2,932	0.9%	$12.27	0.0%	COMMON STOCK	00206R102
NKE	NIKE INC -CL B	21,000	$2,582	0.8%	$49.59	0.0%	COMMON STOCK	654106103
LOW	LOWE'S COS INC	37,000	$2,550	0.8%	$56.94	0.0%	COMMON STOCK	548661107
—	EXPRESS SCRIPTS HOLDING CO	30,000	$2,429	0.8%	$80.97	—	COMMON STOCK	30219G108
DHR	DANAHER CORP	27,000	$2,301	0.7%	$36.01	0.0%	COMMON STOCK	235851102
TROW	T ROWE PRICE GROUP INC	30,000	$2,085	0.7%	$50.99	0.0%	COMMON STOCK	74144T108
—	BLACKROCK INC	7,000	$2,082	0.7%	$297.43	—	COMMON STOCK	09247X101
MCO	MOODY'S CORP	21,000	$2,062	0.6%	$95.89	0.0%	COMMON STOCK	615369105
SEIC	SEI INVESTMENTS COMPANY	42,000	$2,026	0.6%	$44.79	0.0%	COMMON STOCK	784117103
—	MCGRAW HILL FINANCIAL INC	23,000	$1,990	0.6%	$86.52	—	COMMON STOCK	580645109
ITW	ILLINOIS TOOL WORKS	24,000	$1,975	0.6%	$68.35	0.0%	COMMON STOCK	452308109
SYK	STRYKER CORP	20,000	$1,882	0.6%	$87.90	0.0%	COMMON STOCK	863667101
ADP	AUTOMATIC DATA PROCESSING	23,000	$1,848	0.6%	$63.87	0.0%	COMMON STOCK	053015103
—	CIGNA CORP	13,000	$1,755	0.6%	$135.00	—	COMMON STOCK	125509109
CMI	CUMMINS INC	16,000	$1,737	0.5%	$92.93	0.0%	COMMON STOCK	231021106
IFF	INTL FLAVORS and FRAGRANCES	16,000	$1,652	0.5%	$85.78	0.0%	COMMON STOCK	459506101
DG	DOLLAR GENERAL CORP	22,000	$1,594	0.5%	$66.81	0.0%	COMMON STOCK	256677105
PAYX	PAYCHEX INC	33,000	$1,572	0.5%	$34.10	0.0%	COMMON STOCK	704326107
—	WABCO HOLDINGS INC	15,000	$1,572	0.5%	$104.80	—	COMMON STOCK	92927K102
RHI	ROBERT HALF INTL INC	30,000	$1,535	0.5%	$53.82	0.0%	COMMON STOCK	770323103
APH	AMPHENOL CORP-CL A	30,000	$1,529	0.5%	$12.16	0.0%	COMMON STOCK	032095101
—	LINEAR TECHNOLOGY CORP	37,000	$1,493	0.5%	$40.35	—	COMMON STOCK	535678106
HRL	HORMEL FOODS CORP	23,000	$1,456	0.5%	$23.38	0.0%	COMMON STOCK	440452100
CHD	CHURCH and DWIGHT CO INC	17,000	$1,426	0.4%	$37.38	0.0%	COMMON STOCK	171340102
MTD	METTLER-TOLEDO INTERNATIONAL	5,000	$1,424	0.4%	$316.01	0.0%	COMMON STOCK	592688105
—	CA INC	52,000	$1,420	0.4%	$27.31	—	COMMON STOCK	12673P105
—	VARIAN MEDICAL SYSTEMS INC	19,000	$1,402	0.4%	$73.79	—	COMMON STOCK	92220P105
—	FLIR SYSTEMS INC	50,000	$1,400	0.4%	$28.00	—	COMMON STOCK	302445101
GWW	WW GRAINGER INC	6,500	$1,398	0.4%	$190.10	0.0%	COMMON STOCK	384802104
SNPS	SYNOPSYS INC	30,000	$1,385	0.4%	$49.10	0.0%	COMMON STOCK	871607107
AWK	AMERICAN WATER WORKS CO INC	25,000	$1,377	0.4%	$42.73	0.0%	COMMON STOCK	030420103
DVA	DAVITA HEALTHCARE PARTNERS I	19,000	$1,374	0.4%	$77.54	0.0%	COMMON STOCK	23918K108
SHW	SHERWIN-WILLIAMS CO/THE	6,100	$1,359	0.4%	$79.61	0.0%	COMMON STOCK	824348106
BF/B	BROWN-FORMAN CORP-CLASS B	14,000	$1,357	0.4%	$33.91	0.0%	COMMON STOCK	115637209
FAST	FASTENAL CO	37,000	$1,355	0.4%	$7.53	0.0%	COMMON STOCK	311900104
MA	MASTERCARD INC-CLASS A	15,000	$1,352	0.4%	$88.30	0.0%	COMMON STOCK	57636Q104
BDX	BECTON DICKINSON AND CO	10,000	$1,327	0.4%	$119.24	0.0%	COMMON STOCK	075887109
—	CERNER CORP	22,000	$1,319	0.4%	$59.95	—	COMMON STOCK	156782104
PPG	PPG INDUSTRIES INC	15,000	$1,315	0.4%	$84.38	0.0%	COMMON STOCK	693506107
GAP	GAP INC/THE	46,000	$1,311	0.4%	$23.79	0.0%	COMMON STOCK	364760108
SJM	JM SMUCKER CO/THE	11,000	$1,255	0.4%	$81.72	0.0%	COMMON STOCK	832696405
UTHR	UNITED THERAPEUTICS CORP	9,000	$1,181	0.4%	$160.39	0.0%	COMMON STOCK	91307C102
KHC	KRAFT HEINZ CO/THE	15,100	$1,066	0.3%	$47.82	0.0%	COMMON STOCK	500754106
—	AMERICAN CAMPUS COMMUNITIES	25,000	$906	0.3%	$36.24	—	COMMON STOCK	024835100
WAT	WATERS CORP	7,000	$827	0.3%	$126.49	0.0%	COMMON STOCK	941848103
PLD	PROLOGIS INC	20,000	$778	0.2%	$28.82	0.0%	COMMON STOCK	74340W103
—	VEREIT INC	100,000	$772	0.2%	$7.72	—	COMMON STOCK	92339V100
PYPL	PAYPAL HOLDINGS INC	24,700	$767	0.2%	$35.85	0.0%	COMMON STOCK	70450Y103
WELL	WELLTOWER INC	10,247	$694	0.2%	$44.80	0.0%	COMMON STOCK	95040Q104
—	DCT INDUSTRIAL TRUST INC	18,062	$608	0.2%	$33.66	—	COMMON STOCK	233153204
—	COACH INC	17,500	$506	0.2%	$28.91	—	COMMON STOCK	189754104
—	CARE CAPITAL PROPERTIES UNC	7,290	$240	0.1%	$32.92	—	COMMON STOCK	141624106

Increased Positions (119)

AAPL APPLE INC 2.3%

Value ($000) $7,423 (+108.4%) Shares 67,300 (+137.0%) Est. Cost $26.52 Unrealized -0.9%

TJX TJX COMPANIES INC 1.3%

Value ($000) $4,100 (+463.2%) Shares 57,400 (+421.8%) Est. Cost $30.14 Unrealized +0.7%

MSFT MICROSOFT CORP 1.6%

Value ($000) $5,090 (+167.5%) Shares 115,000 (+166.8%) Est. Cost $38.29 Unrealized +1.6%

JNJ JOHNSON and JOHNSON 1.9%

Value ($000) $6,058 (+86.7%) Shares 64,900 (+94.9%) Est. Cost $73.83 Unrealized -1.8%

CL COLGATE-PALMOLIVE CO 1.8%

Value ($000) $5,826 (+89.1%) Shares 91,800 (+94.9%) Est. Cost $52.52 Unrealized -2.3%

XOM EXXON MOBIL CORP 1.6%

Value ($000) $5,130 (+100.2%) Shares 69,000 (+124.0%) Est. Cost $51.98 Unrealized -5.6%

HD HOME DEPOT INC 1.5%

Value ($000) $4,908 (+102.6%) Shares 42,500 (+95.0%) Est. Cost $87.83 Unrealized +3.0%

HSY HERSHEY CO/THE 1.1%

Value ($000) $3,400 (+264.4%) Shares 37,000 (+252.4%) Est. Cost $71.61 Unrealized -0.8%

UNH UNITEDHEALTH GROUP INC 1.5%

Value ($000) $4,791 (+85.3%) Shares 41,300 (+94.8%) Est. Cost $97.08 Unrealized +4.2%

PEP PEPSICO INC 1.4%

Value ($000) $4,404 (+96.6%) Shares 46,700 (+94.6%) Est. Cost $69.61 Unrealized -0.1%

CTSH COGNIZANT TECH SOLUTIONS-A 1.2%

Value ($000) $3,963 (+99.6%) Shares 63,300 (+94.8%) Est. Cost $53.92 Unrealized +3.2%

WEC WEC ENERGY GROUP INC 1.1%

Value ($000) $3,342 (+126.6%) Shares 64,000 (+95.1%) Est. Cost $34.37 Unrealized +1.2%

SBUX STARBUCKS CORP 1.1%

Value ($000) $3,524 (+106.7%) Shares 62,000 (+95.0%) Est. Cost $41.83 Unrealized +8.3%

GILD GILEAD SCIENCES INC 1.5%

Value ($000) $4,684 (+63.3%) Shares 47,700 (+94.7%) Est. Cost $73.93 Unrealized +4.8%

SPG SIMON PROPERTY GROUP INC 1.4%

Value ($000) $4,355 (+71.2%) Shares 23,706 (+61.2%) Est. Cost $111.47 Unrealized -2.4%

WFC WELLS FARGO and CO 1.6%

Value ($000) $5,181 (+52.8%) Shares 100,900 (+67.3%) Est. Cost $40.34 Unrealized +1.8%

PG PROCTER and GAMBLE CO/THE 1.2%

Value ($000) $3,813 (+82.5%) Shares 53,000 (+98.5%) Est. Cost $59.99 Unrealized -6.1%

PM PHILIP MORRIS INTERNATIONAL 1.1%

Value ($000) $3,483 (+92.2%) Shares 43,900 (+94.2%) Est. Cost $47.96 Unrealized +2.0%

USB US BANCORP 0.7%

Value ($000) $2,313 (+241.7%) Shares 56,400 (+261.5%) Est. Cost $29.80 Unrealized +0.0%

— KELLOGG CO 0.8%

Value ($000) $2,695 (+154.2%) Shares 40,500 (+139.6%) Est. Cost $42.63 Unrealized +1.5%

ORCL ORACLE CORP 1.2%

Value ($000) $3,684 (+74.4%) Shares 102,000 (+94.7%) Est. Cost $34.93 Unrealized -5.8%

DIS WALT DISNEY CO/THE 1.2%

Value ($000) $3,669 (+74.7%) Shares 35,900 (+95.1%) Est. Cost $95.70 Unrealized +4.2%

MCD MCDONALD'S CORP 1.0%

Value ($000) $3,084 (+101.4%) Shares 31,300 (+94.4%) Est. Cost $73.70 Unrealized +2.2%

IBM INTL BUSINESS MACHINES CORP 1.1%

Value ($000) $3,508 (+73.9%) Shares 24,200 (+95.2%) Est. Cost $95.93 Unrealized -0.6%

— MEAD JOHNSON NUTRITION CO 0.9%

Value ($000) $2,886 (+95.0%) Shares 41,000 (+150.0%) Est. Cost $82.45 Unrealized —

CVS CVS HEALTH CORP 1.0%

Value ($000) $3,174 (+79.1%) Shares 32,900 (+94.7%) Est. Cost $75.99 Unrealized +2.4%

MMM 3M CO 1.0%

Value ($000) $3,048 (+79.5%) Shares 21,500 (+95.4%) Est. Cost $92.30 Unrealized -5.2%

CMCSA COMCAST CORP-CLASS A 0.9%

Value ($000) $2,919 (+85.9%) Shares 51,000 (+94.7%) Est. Cost $22.86 Unrealized +2.1%

INTC INTEL CORP 0.9%

Value ($000) $2,713 (+93.1%) Shares 90,000 (+94.8%) Est. Cost $24.36 Unrealized -7.1%

— PRECISION CASTPARTS CORP 0.7%

Value ($000) $2,297 (+125.4%) Shares 10,000 (+96.1%) Est. Cost $219.65 Unrealized —

MO ALTRIA GROUP INC 0.7%

Value ($000) $2,285 (+116.4%) Shares 42,000 (+94.4%) Est. Cost $26.59 Unrealized +1.6%

MKC MCCORMICK and CO-NON VTG SHRS 0.8%

Value ($000) $2,383 (+104.4%) Shares 29,000 (+101.4%) Est. Cost $31.78 Unrealized +5.0%

KO COCA-COLA CO/THE 0.7%

Value ($000) $2,367 (+99.1%) Shares 59,000 (+94.7%) Est. Cost $29.23 Unrealized -1.4%

QCOM QUALCOMM INC 0.9%

Value ($000) $2,907 (+67.0%) Shares 54,100 (+94.6%) Est. Cost $48.00 Unrealized -8.0%

GIS GENERAL MILLS INC 0.7%

Value ($000) $2,357 (+96.7%) Shares 42,000 (+95.3%) Est. Cost $38.27 Unrealized +4.5%

NEE NEXTERA ENERGY INC 0.7%

Value ($000) $2,244 (+93.9%) Shares 23,000 (+94.9%) Est. Cost $19.66 Unrealized -1.1%

COST COSTCO WHOLESALE CORP 0.6%

Value ($000) $1,952 (+109.4%) Shares 13,500 (+95.7%) Est. Cost $120.27 Unrealized -0.6%

CSCO CISCO SYSTEMS INC 0.7%

Value ($000) $2,158 (+86.2%) Shares 82,200 (+94.8%) Est. Cost $19.84 Unrealized -1.4%

OXY OCCIDENTAL PETROLEUM CORP 0.8%

Value ($000) $2,448 (+65.6%) Shares 37,000 (+94.7%) Est. Cost $53.60 Unrealized -4.3%

UNP UNION PACIFIC CORP 0.7%

Value ($000) $2,148 (+80.2%) Shares 24,300 (+94.4%) Est. Cost $82.29 Unrealized -12.3%

KMB KIMBERLY-CLARK CORP 0.6%

Value ($000) $1,908 (+100.0%) Shares 17,500 (+94.4%) Est. Cost $76.84 Unrealized +0.7%

BIIB BIOGEN INC 1.0%

Value ($000) $3,210 (+41.9%) Shares 11,000 (+96.4%) Est. Cost $362.77 Unrealized -9.0%

— UNITED TECHNOLOGIES CORP 0.8%

Value ($000) $2,581 (+56.1%) Shares 29,000 (+94.6%) Est. Cost $103.48 Unrealized —

— PRICELINE GROUP INC/THE 0.5%

Value ($000) $1,732 (+114.9%) Shares 1,400 (+100.0%) Est. Cost $1200.71 Unrealized —

— SENIOR HOUSING PROP TRUST 0.4%

Value ($000) $1,411 (+176.1%) Shares 87,100 (+199.3%) Est. Cost $18.20 Unrealized —

VTR VENTAS INC 0.6%

Value ($000) $2,027 (+79.7%) Shares 36,162 (+99.1%) Est. Cost $47.51 Unrealized -12.6%

ROST ROSS STORES INC 0.6%

Value ($000) $1,852 (+94.3%) Shares 38,200 (+94.9%) Est. Cost $45.47 Unrealized +1.4%

SO SOUTHERN CO/THE 0.5%

Value ($000) $1,632 (+110.6%) Shares 36,500 (+97.3%) Est. Cost $29.15 Unrealized -2.8%

— TIME WARNER CABLE 0.5%

Value ($000) $1,722 (+97.3%) Shares 9,600 (+95.9%) Est. Cost $164.28 Unrealized —

SLB SCHLUMBERGER LTD 0.7%

Value ($000) $2,331 (+55.4%) Shares 33,800 (+94.3%) Est. Cost $60.16 Unrealized -2.1%

UPS UNITED PARCEL SERVICE-CL B 0.5%

Value ($000) $1,623 (+98.2%) Shares 16,450 (+94.7%) Est. Cost $68.62 Unrealized -1.2%

EL ESTEE LAUDER COMPANIES-CL A 0.6%

Value ($000) $1,775 (+81.3%) Shares 22,000 (+94.7%) Est. Cost $70.86 Unrealized +3.5%

ECL ECOLAB INC 0.5%

Value ($000) $1,668 (+89.1%) Shares 15,200 (+94.9%) Est. Cost $98.46 Unrealized +1.4%

— HCP INC 0.6%

Value ($000) $1,788 (+75.1%) Shares 48,007 (+71.4%) Est. Cost $40.72 Unrealized —

AVB AVALONBAY COMMUNITIES INC 0.5%

Value ($000) $1,714 (+70.0%) Shares 9,802 (+55.5%) Est. Cost $119.90 Unrealized -0.3%

— ACCENTURE PLC-CL A 1.4%

Value ($000) $4,294 (+19.1%) Shares 49,150 (+66.3%) Est. Cost $105.50 Unrealized —

WM WASTE MANAGEMENT INC 0.4%

Value ($000) $1,255 (+109.9%) Shares 25,200 (+95.3%) Est. Cost $41.94 Unrealized -2.6%

PSA PUBLIC STORAGE 0.6%

Value ($000) $1,865 (+48.5%) Shares 8,813 (+29.4%) Est. Cost $130.68 Unrealized +3.5%

MRSH MARSH and MCLENNAN COS 0.4%

Value ($000) $1,373 (+79.5%) Shares 26,300 (+94.8%) Est. Cost $47.43 Unrealized -1.5%

— CAMPUS CREST COMMUNITIES INC 0.3%

Value ($000) $1,075 (+128.2%) Shares 202,000 (+137.6%) Est. Cost $6.00 Unrealized —

UDR UDR INC 0.4%

Value ($000) $1,242 (+93.8%) Shares 36,019 (+79.9%) Est. Cost $22.75 Unrealized +1.7%

VFC VF CORP 0.4%

Value ($000) $1,200 (+93.2%) Shares 17,600 (+97.8%) Est. Cost $68.87 Unrealized -0.5%

DLTR DOLLAR TREE INC 0.4%

Value ($000) $1,380 (+64.9%) Shares 20,700 (+95.3%) Est. Cost $75.51 Unrealized -0.6%

— PRAXAIR INC 0.4%

Value ($000) $1,334 (+66.5%) Shares 13,100 (+95.5%) Est. Cost $111.51 Unrealized —

XEL XCEL ENERGY INC 0.3%

Value ($000) $991 (+115.4%) Shares 28,000 (+95.8%) Est. Cost $24.95 Unrealized -1.6%

AFL AFLAC INC 0.4%

Value ($000) $1,174 (+81.5%) Shares 20,200 (+94.2%) Est. Cost $23.65 Unrealized +0.2%

DLR DIGITAL REALTY TRUST INC 0.4%

Value ($000) $1,336 (+61.0%) Shares 20,450 (+64.3%) Est. Cost $45.65 Unrealized -1.5%

EQR EQUITY RESIDENTIAL 0.4%

Value ($000) $1,236 (+68.6%) Shares 16,453 (+57.4%) Est. Cost $44.57 Unrealized -2.9%

— BIOMED REALTY TRUST INC 0.3%

Value ($000) $999 (+98.6%) Shares 50,000 (+92.3%) Est. Cost $21.37 Unrealized —

NSC NORFOLK SOUTHERN CORP 0.4%

Value ($000) $1,192 (+70.5%) Shares 15,600 (+95.0%) Est. Cost $74.90 Unrealized -13.1%

— SELECT INCOME REIT 0.4%

Value ($000) $1,120 (+75.5%) Shares 58,900 (+90.6%) Est. Cost $22.15 Unrealized —

— AIRGAS INC 0.4%

Value ($000) $1,251 (+62.0%) Shares 14,000 (+91.8%) Est. Cost $98.12 Unrealized —

— MONSANTO CO 0.4%

Value ($000) $1,340 (+55.3%) Shares 15,700 (+93.8%) Est. Cost $99.41 Unrealized —

— HOME PROPERTIES INC 0.4%

Value ($000) $1,319 (+55.0%) Shares 17,650 (+51.5%) Est. Cost $71.13 Unrealized —

HAL HALLIBURTON CO 0.4%

Value ($000) $1,230 (+59.5%) Shares 34,800 (+94.4%) Est. Cost $33.01 Unrealized -2.6%

SKT TANGER FACTORY OUTLET CENTER 0.4%

Value ($000) $1,137 (+66.7%) Shares 34,500 (+60.5%) Est. Cost $34.33 Unrealized —

ELS EQUITY LIFESTYLE PROPERTIES 0.3%

Value ($000) $966 (+75.0%) Shares 16,500 (+57.1%) Est. Cost $56.26 Unrealized —

DE DEERE and CO 0.4%

Value ($000) $1,221 (+49.8%) Shares 16,500 (+96.4%) Est. Cost $73.18 Unrealized +0.2%

— DUKE REALTY CORP 0.3%

Value ($000) $1,061 (+60.0%) Shares 55,707 (+56.0%) Est. Cost $20.79 Unrealized —

MAA MID-AMERICA APARTMENT COMM 0.4%

Value ($000) $1,236 (+46.3%) Shares 15,100 (+30.2%) Est. Cost $53.12 Unrealized +3.8%

COP CONOCOPHILLIPS 0.3%

Value ($000) $1,103 (+52.1%) Shares 23,000 (+94.9%) Est. Cost $41.30 Unrealized -10.9%

— CYRUSONE INC 0.2%

Value ($000) $790 (+89.0%) Shares 24,200 (+70.4%) Est. Cost $30.76 Unrealized —

VNO VORNADO REALTY TRUST 0.3%

Value ($000) $1,016 (+52.1%) Shares 11,237 (+59.7%) Est. Cost $103.92 Unrealized —

MAC MACERICH CO/THE 0.3%

Value ($000) $827 (+63.8%) Shares 10,766 (+59.1%) Est. Cost $81.58 Unrealized —

ARE ALEXANDRIA REAL ESTATE EQUIT 0.3%

Value ($000) $936 (+51.7%) Shares 11,050 (+56.7%) Est. Cost $64.41 Unrealized -3.4%

— EMC CORP/MA 0.2%

Value ($000) $718 (+79.1%) Shares 29,700 (+95.4%) Est. Cost $24.90 Unrealized —

EGP EASTGROUP PROPERTIES INC 0.3%

Value ($000) $840 (+57.3%) Shares 15,500 (+63.2%) Est. Cost $57.33 Unrealized —

STAG STAG INDUSTRIAL INC 0.2%

Value ($000) $646 (+84.6%) Shares 35,500 (+102.9%) Est. Cost $19.09 Unrealized —

AMAT APPLIED MATERIALS INC 0.3%

Value ($000) $853 (+48.9%) Shares 58,100 (+95.0%) Est. Cost $17.92 Unrealized -17.7%

EPR EPR PROPERTIES 0.3%

Value ($000) $815 (+51.8%) Shares 15,800 (+61.2%) Est. Cost $56.80 Unrealized —

— HOSPITALITY PROPERTIES TRUST 0.3%

Value ($000) $851 (+45.7%) Shares 33,266 (+64.1%) Est. Cost $30.11 Unrealized —

— GENERAL GROWTH PROPERTIES 0.2%

Value ($000) $675 (+64.2%) Shares 26,000 (+62.5%) Est. Cost $28.18 Unrealized —

— DUPONT FABROS TECHNOLOGY 0.3%

Value ($000) $867 (+43.5%) Shares 33,500 (+63.4%) Est. Cost $30.04 Unrealized —

BWA BORGWARNER INC 0.2%

Value ($000) $532 (+94.9%) Shares 12,800 (+166.7%) Est. Cost $38.38 Unrealized -7.6%

ADC AGREE REALTY CORP 0.2%

Value ($000) $628 (+65.3%) Shares 21,040 (+61.3%) Est. Cost $31.79 Unrealized —

— LIBERTY PROPERTY TRUST 0.2%

Value ($000) $661 (+58.1%) Shares 20,984 (+61.6%) Est. Cost $34.12 Unrealized —

SUI SUN COMMUNITIES INC 0.2%

Value ($000) $583 (+68.5%) Shares 8,600 (+53.6%) Est. Cost $67.09 Unrealized —

— WEINGARTEN REALTY INVESTORS 0.2%

Value ($000) $573 (+70.0%) Shares 17,314 (+67.9%) Est. Cost $34.81 Unrealized —

BXP BOSTON PROPERTIES INC 0.2%

Value ($000) $688 (+48.9%) Shares 5,814 (+52.4%) Est. Cost $86.39 Unrealized -9.3%

BDN BRANDYWINE REALTY TRUST 0.2%

Value ($000) $610 (+55.6%) Shares 49,500 (+67.8%) Est. Cost $14.49 Unrealized —

— INLAND REAL ESTATE CORP 0.2%

Value ($000) $725 (+41.3%) Shares 89,500 (+64.2%) Est. Cost $9.68 Unrealized —

— SL GREEN REALTY CORP 0.2%

Value ($000) $569 (+58.9%) Shares 5,257 (+61.4%) Est. Cost $120.69 Unrealized —

— DU PONT (E.I.) DE NEMOURS 0.2%

Value ($000) $646 (+46.5%) Shares 13,400 (+94.2%) Est. Cost $60.18 Unrealized —

SBRA SABRA HEALTH CARE REIT INC 0.2%

Value ($000) $547 (+56.3%) Shares 23,600 (+73.5%) Est. Cost $28.93 Unrealized —

GLPI GAMING AND LEISURE PROPERTIE 0.2%

Value ($000) $728 (+36.8%) Shares 24,500 (+69.0%) Est. Cost $33.97 Unrealized —

EMR EMERSON ELECTRIC CO 0.2%

Value ($000) $526 (+55.6%) Shares 11,900 (+95.1%) Est. Cost $40.45 Unrealized -7.7%

INN SUMMIT HOTEL PROPERTIES INC 0.2%

Value ($000) $642 (+41.1%) Shares 55,000 (+57.1%) Est. Cost $13.19 Unrealized —

FOSL FOSSIL GROUP INC 0.2%

Value ($000) $520 (+56.2%) Shares 9,300 (+93.8%) Est. Cost $78.16 Unrealized -18.9%

HIW HIGHWOODS PROPERTIES INC 0.2%

Value ($000) $519 (+54.5%) Shares 13,398 (+59.5%) Est. Cost $43.12 Unrealized —

— RETAIL OPPORTUNITY INVESTMEN 0.1%

Value ($000) $430 (+72.0%) Shares 26,000 (+62.5%) Est. Cost $17.63 Unrealized —

HST HOST HOTELS and RESORTS INC 0.3%

Value ($000) $875 (+24.8%) Shares 55,343 (+56.6%) Est. Cost $13.43 Unrealized -8.6%

EBAY EBAY INC 0.2%

Value ($000) $653 (-20.8%) Shares 26,700 (+94.9%) Est. Cost $22.54 Unrealized +6.2%

RLJ RLJ LODGING TRUST 0.2%

Value ($000) $728 (+30.0%) Shares 28,800 (+53.2%) Est. Cost $29.23 Unrealized —

— CHAMBERS STREET PROPERTIES 0.1%

Value ($000) $389 (+62.8%) Shares 60,000 (+100.0%) Est. Cost $7.22 Unrealized —

— URSTADT BIDDLE - CLASS A 0.1%

Value ($000) $319 (+70.6%) Shares 17,000 (+70.0%) Est. Cost $21.31 Unrealized —

— CHESAPEAKE LODGING TRUST 0.1%

Value ($000) $378 (+45.9%) Shares 14,500 (+70.6%) Est. Cost $30.65 Unrealized —

ESS ESSEX PROPERTY TRUST INC 0.1%

Value ($000) $223 (+110.4%) Shares 1,000 (+100.0%) Est. Cost $158.12 Unrealized -0.7%

KR KROGER CO 0.6%

Value ($000) $1,876 (+5.2%) Shares 52,000 (+111.4%) Est. Cost $29.58 Unrealized +2.0%

— JOY GLOBAL INC 0.0%

Value ($000) $107 (-26.2%) Shares 7,200 (+80.0%) Est. Cost $28.41 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	67,300 (+137.0%)	$7,423 (+108.4%)	2.3%	$26.52	-0.9%	COMMON STOCK	037833100
TJX	TJX COMPANIES INC	57,400 (+421.8%)	$4,100 (+463.2%)	1.3%	$30.14	+0.7%	COMMON STOCK	872540109
MSFT	MICROSOFT CORP	115,000 (+166.8%)	$5,090 (+167.5%)	1.6%	$38.29	+1.6%	COMMON STOCK	594918104
JNJ	JOHNSON and JOHNSON	64,900 (+94.9%)	$6,058 (+86.7%)	1.9%	$73.83	-1.8%	COMMON STOCK	478160104
CL	COLGATE-PALMOLIVE CO	91,800 (+94.9%)	$5,826 (+89.1%)	1.8%	$52.52	-2.3%	COMMON STOCK	194162103
XOM	EXXON MOBIL CORP	69,000 (+124.0%)	$5,130 (+100.2%)	1.6%	$51.98	-5.6%	COMMON STOCK	30231G102
HD	HOME DEPOT INC	42,500 (+95.0%)	$4,908 (+102.6%)	1.5%	$87.83	+3.0%	COMMON STOCK	437076102
HSY	HERSHEY CO/THE	37,000 (+252.4%)	$3,400 (+264.4%)	1.1%	$71.61	-0.8%	COMMON STOCK	427866108
UNH	UNITEDHEALTH GROUP INC	41,300 (+94.8%)	$4,791 (+85.3%)	1.5%	$97.08	+4.2%	COMMON STOCK	91324P102
PEP	PEPSICO INC	46,700 (+94.6%)	$4,404 (+96.6%)	1.4%	$69.61	-0.1%	COMMON STOCK	713448108
CTSH	COGNIZANT TECH SOLUTIONS-A	63,300 (+94.8%)	$3,963 (+99.6%)	1.2%	$53.92	+3.2%	COMMON STOCK	192446102
WEC	WEC ENERGY GROUP INC	64,000 (+95.1%)	$3,342 (+126.6%)	1.1%	$34.37	+1.2%	COMMON STOCK	92939U106
SBUX	STARBUCKS CORP	62,000 (+95.0%)	$3,524 (+106.7%)	1.1%	$41.83	+8.3%	COMMON STOCK	855244109
GILD	GILEAD SCIENCES INC	47,700 (+94.7%)	$4,684 (+63.3%)	1.5%	$73.93	+4.8%	COMMON STOCK	375558103
SPG	SIMON PROPERTY GROUP INC	23,706 (+61.2%)	$4,355 (+71.2%)	1.4%	$111.47	-2.4%	COMMON STOCK	828806109
WFC	WELLS FARGO and CO	100,900 (+67.3%)	$5,181 (+52.8%)	1.6%	$40.34	+1.8%	COMMON STOCK	949746101
PG	PROCTER and GAMBLE CO/THE	53,000 (+98.5%)	$3,813 (+82.5%)	1.2%	$59.99	-6.1%	COMMON STOCK	742718109
PM	PHILIP MORRIS INTERNATIONAL	43,900 (+94.2%)	$3,483 (+92.2%)	1.1%	$47.96	+2.0%	COMMON STOCK	718172109
USB	US BANCORP	56,400 (+261.5%)	$2,313 (+241.7%)	0.7%	$29.80	+0.0%	COMMON STOCK	902973304
—	KELLOGG CO	40,500 (+139.6%)	$2,695 (+154.2%)	0.8%	$42.63	+1.5%	COMMON STOCK	487836108
ORCL	ORACLE CORP	102,000 (+94.7%)	$3,684 (+74.4%)	1.2%	$34.93	-5.8%	COMMON STOCK	68389X105
DIS	WALT DISNEY CO/THE	35,900 (+95.1%)	$3,669 (+74.7%)	1.2%	$95.70	+4.2%	COMMON STOCK	254687106
MCD	MCDONALD'S CORP	31,300 (+94.4%)	$3,084 (+101.4%)	1.0%	$73.70	+2.2%	COMMON STOCK	580135101
IBM	INTL BUSINESS MACHINES CORP	24,200 (+95.2%)	$3,508 (+73.9%)	1.1%	$95.93	-0.6%	COMMON STOCK	459200101
—	MEAD JOHNSON NUTRITION CO	41,000 (+150.0%)	$2,886 (+95.0%)	0.9%	$82.45	—	COMMON STOCK	582839106
CVS	CVS HEALTH CORP	32,900 (+94.7%)	$3,174 (+79.1%)	1.0%	$75.99	+2.4%	COMMON STOCK	126650100
MMM	3M CO	21,500 (+95.4%)	$3,048 (+79.5%)	1.0%	$92.30	-5.2%	COMMON STOCK	88579Y101
CMCSA	COMCAST CORP-CLASS A	51,000 (+94.7%)	$2,919 (+85.9%)	0.9%	$22.86	+2.1%	COMMON STOCK	20030N101
INTC	INTEL CORP	90,000 (+94.8%)	$2,713 (+93.1%)	0.9%	$24.36	-7.1%	COMMON STOCK	458140100
—	PRECISION CASTPARTS CORP	10,000 (+96.1%)	$2,297 (+125.4%)	0.7%	$219.65	—	COMMON STOCK	740189105
MO	ALTRIA GROUP INC	42,000 (+94.4%)	$2,285 (+116.4%)	0.7%	$26.59	+1.6%	COMMON STOCK	02209S103
MKC	MCCORMICK and CO-NON VTG SHRS	29,000 (+101.4%)	$2,383 (+104.4%)	0.8%	$31.78	+5.0%	COMMON STOCK	579780206
KO	COCA-COLA CO/THE	59,000 (+94.7%)	$2,367 (+99.1%)	0.7%	$29.23	-1.4%	COMMON STOCK	191216100
QCOM	QUALCOMM INC	54,100 (+94.6%)	$2,907 (+67.0%)	0.9%	$48.00	-8.0%	COMMON STOCK	747525103
GIS	GENERAL MILLS INC	42,000 (+95.3%)	$2,357 (+96.7%)	0.7%	$38.27	+4.5%	COMMON STOCK	370334104
NEE	NEXTERA ENERGY INC	23,000 (+94.9%)	$2,244 (+93.9%)	0.7%	$19.66	-1.1%	COMMON STOCK	65339F101
COST	COSTCO WHOLESALE CORP	13,500 (+95.7%)	$1,952 (+109.4%)	0.6%	$120.27	-0.6%	COMMON STOCK	22160K105
CSCO	CISCO SYSTEMS INC	82,200 (+94.8%)	$2,158 (+86.2%)	0.7%	$19.84	-1.4%	COMMON STOCK	17275R102
OXY	OCCIDENTAL PETROLEUM CORP	37,000 (+94.7%)	$2,448 (+65.6%)	0.8%	$53.60	-4.3%	COMMON STOCK	674599105
UNP	UNION PACIFIC CORP	24,300 (+94.4%)	$2,148 (+80.2%)	0.7%	$82.29	-12.3%	COMMON STOCK	907818108
KMB	KIMBERLY-CLARK CORP	17,500 (+94.4%)	$1,908 (+100.0%)	0.6%	$76.84	+0.7%	COMMON STOCK	494368103
BIIB	BIOGEN INC	11,000 (+96.4%)	$3,210 (+41.9%)	1.0%	$362.77	-9.0%	COMMON STOCK	09062X103
—	UNITED TECHNOLOGIES CORP	29,000 (+94.6%)	$2,581 (+56.1%)	0.8%	$103.48	—	COMMON STOCK	913017109
—	PRICELINE GROUP INC/THE	1,400 (+100.0%)	$1,732 (+114.9%)	0.5%	$1200.71	—	COMMON STOCK	741503403
—	SENIOR HOUSING PROP TRUST	87,100 (+199.3%)	$1,411 (+176.1%)	0.4%	$18.20	—	COMMON STOCK	81721M109
VTR	VENTAS INC	36,162 (+99.1%)	$2,027 (+79.7%)	0.6%	$47.51	-12.6%	COMMON STOCK	92276F100
ROST	ROSS STORES INC	38,200 (+94.9%)	$1,852 (+94.3%)	0.6%	$45.47	+1.4%	COMMON STOCK	778296103
SO	SOUTHERN CO/THE	36,500 (+97.3%)	$1,632 (+110.6%)	0.5%	$29.15	-2.8%	COMMON STOCK	842587107
—	TIME WARNER CABLE	9,600 (+95.9%)	$1,722 (+97.3%)	0.5%	$164.28	—	COMMON STOCK	88732J207
SLB	SCHLUMBERGER LTD	33,800 (+94.3%)	$2,331 (+55.4%)	0.7%	$60.16	-2.1%	COMMON STOCK	806857108
UPS	UNITED PARCEL SERVICE-CL B	16,450 (+94.7%)	$1,623 (+98.2%)	0.5%	$68.62	-1.2%	COMMON STOCK	911312106
EL	ESTEE LAUDER COMPANIES-CL A	22,000 (+94.7%)	$1,775 (+81.3%)	0.6%	$70.86	+3.5%	COMMON STOCK	518439104
ECL	ECOLAB INC	15,200 (+94.9%)	$1,668 (+89.1%)	0.5%	$98.46	+1.4%	COMMON STOCK	278865100
—	HCP INC	48,007 (+71.4%)	$1,788 (+75.1%)	0.6%	$40.72	—	COMMON STOCK	40414L109
AVB	AVALONBAY COMMUNITIES INC	9,802 (+55.5%)	$1,714 (+70.0%)	0.5%	$119.90	-0.3%	COMMON STOCK	053484101
—	ACCENTURE PLC-CL A	49,150 (+66.3%)	$4,294 (+19.1%)	1.4%	$105.50	—	COMMON STOCK	000000000
WM	WASTE MANAGEMENT INC	25,200 (+95.3%)	$1,255 (+109.9%)	0.4%	$41.94	-2.6%	COMMON STOCK	94106L109
PSA	PUBLIC STORAGE	8,813 (+29.4%)	$1,865 (+48.5%)	0.6%	$130.68	+3.5%	COMMON STOCK	74460D109
MRSH	MARSH and MCLENNAN COS	26,300 (+94.8%)	$1,373 (+79.5%)	0.4%	$47.43	-1.5%	COMMON STOCK	571748102
—	CAMPUS CREST COMMUNITIES INC	202,000 (+137.6%)	$1,075 (+128.2%)	0.3%	$6.00	—	COMMON STOCK	13466Y105
UDR	UDR INC	36,019 (+79.9%)	$1,242 (+93.8%)	0.4%	$22.75	+1.7%	COMMON STOCK	902653104
VFC	VF CORP	17,600 (+97.8%)	$1,200 (+93.2%)	0.4%	$68.87	-0.5%	COMMON STOCK	918204108
DLTR	DOLLAR TREE INC	20,700 (+95.3%)	$1,380 (+64.9%)	0.4%	$75.51	-0.6%	COMMON STOCK	256746108
—	PRAXAIR INC	13,100 (+95.5%)	$1,334 (+66.5%)	0.4%	$111.51	—	COMMON STOCK	74005P104
XEL	XCEL ENERGY INC	28,000 (+95.8%)	$991 (+115.4%)	0.3%	$24.95	-1.6%	COMMON STOCK	98389B100
AFL	AFLAC INC	20,200 (+94.2%)	$1,174 (+81.5%)	0.4%	$23.65	+0.2%	COMMON STOCK	001055102
DLR	DIGITAL REALTY TRUST INC	20,450 (+64.3%)	$1,336 (+61.0%)	0.4%	$45.65	-1.5%	COMMON STOCK	253868103
EQR	EQUITY RESIDENTIAL	16,453 (+57.4%)	$1,236 (+68.6%)	0.4%	$44.57	-2.9%	COMMON STOCK	29476L107
—	BIOMED REALTY TRUST INC	50,000 (+92.3%)	$999 (+98.6%)	0.3%	$21.37	—	COMMON STOCK	09063H107
NSC	NORFOLK SOUTHERN CORP	15,600 (+95.0%)	$1,192 (+70.5%)	0.4%	$74.90	-13.1%	COMMON STOCK	655844108
—	SELECT INCOME REIT	58,900 (+90.6%)	$1,120 (+75.5%)	0.4%	$22.15	—	COMMON STOCK	81618T100
—	AIRGAS INC	14,000 (+91.8%)	$1,251 (+62.0%)	0.4%	$98.12	—	COMMON STOCK	009363102
—	MONSANTO CO	15,700 (+93.8%)	$1,340 (+55.3%)	0.4%	$99.41	—	COMMON STOCK	61166W101
—	HOME PROPERTIES INC	17,650 (+51.5%)	$1,319 (+55.0%)	0.4%	$71.13	—	COMMON STOCK	437306103
HAL	HALLIBURTON CO	34,800 (+94.4%)	$1,230 (+59.5%)	0.4%	$33.01	-2.6%	COMMON STOCK	406216101
SKT	TANGER FACTORY OUTLET CENTER	34,500 (+60.5%)	$1,137 (+66.7%)	0.4%	$34.33	—	COMMON STOCK	875465106
ELS	EQUITY LIFESTYLE PROPERTIES	16,500 (+57.1%)	$966 (+75.0%)	0.3%	$56.26	—	COMMON STOCK	29472R108
DE	DEERE and CO	16,500 (+96.4%)	$1,221 (+49.8%)	0.4%	$73.18	+0.2%	COMMON STOCK	244199105
—	DUKE REALTY CORP	55,707 (+56.0%)	$1,061 (+60.0%)	0.3%	$20.79	—	COMMON STOCK	264411505
MAA	MID-AMERICA APARTMENT COMM	15,100 (+30.2%)	$1,236 (+46.3%)	0.4%	$53.12	+3.8%	COMMON STOCK	59522J103
COP	CONOCOPHILLIPS	23,000 (+94.9%)	$1,103 (+52.1%)	0.3%	$41.30	-10.9%	COMMON STOCK	20825C104
—	CYRUSONE INC	24,200 (+70.4%)	$790 (+89.0%)	0.2%	$30.76	—	COMMON STOCK	23283R100
VNO	VORNADO REALTY TRUST	11,237 (+59.7%)	$1,016 (+52.1%)	0.3%	$103.92	—	COMMON STOCK	929042109
MAC	MACERICH CO/THE	10,766 (+59.1%)	$827 (+63.8%)	0.3%	$81.58	—	COMMON STOCK	554382101
ARE	ALEXANDRIA REAL ESTATE EQUIT	11,050 (+56.7%)	$936 (+51.7%)	0.3%	$64.41	-3.4%	COMMON STOCK	015271109
—	EMC CORP/MA	29,700 (+95.4%)	$718 (+79.1%)	0.2%	$24.90	—	COMMON STOCK	268648102
EGP	EASTGROUP PROPERTIES INC	15,500 (+63.2%)	$840 (+57.3%)	0.3%	$57.33	—	COMMON STOCK	277276101
STAG	STAG INDUSTRIAL INC	35,500 (+102.9%)	$646 (+84.6%)	0.2%	$19.09	—	COMMON STOCK	85254J102
AMAT	APPLIED MATERIALS INC	58,100 (+95.0%)	$853 (+48.9%)	0.3%	$17.92	-17.7%	COMMON STOCK	038222105
EPR	EPR PROPERTIES	15,800 (+61.2%)	$815 (+51.8%)	0.3%	$56.80	—	COMMON STOCK	26884U109
—	HOSPITALITY PROPERTIES TRUST	33,266 (+64.1%)	$851 (+45.7%)	0.3%	$30.11	—	COMMON STOCK	44106M102
—	GENERAL GROWTH PROPERTIES	26,000 (+62.5%)	$675 (+64.2%)	0.2%	$28.18	—	COMMON STOCK	370023103
—	DUPONT FABROS TECHNOLOGY	33,500 (+63.4%)	$867 (+43.5%)	0.3%	$30.04	—	COMMON STOCK	26613Q106
BWA	BORGWARNER INC	12,800 (+166.7%)	$532 (+94.9%)	0.2%	$38.38	-7.6%	COMMON STOCK	099724106
ADC	AGREE REALTY CORP	21,040 (+61.3%)	$628 (+65.3%)	0.2%	$31.79	—	COMMON STOCK	008492100
—	LIBERTY PROPERTY TRUST	20,984 (+61.6%)	$661 (+58.1%)	0.2%	$34.12	—	COMMON STOCK	531172104
SUI	SUN COMMUNITIES INC	8,600 (+53.6%)	$583 (+68.5%)	0.2%	$67.09	—	COMMON STOCK	866674104
—	WEINGARTEN REALTY INVESTORS	17,314 (+67.9%)	$573 (+70.0%)	0.2%	$34.81	—	COMMON STOCK	948741103
BXP	BOSTON PROPERTIES INC	5,814 (+52.4%)	$688 (+48.9%)	0.2%	$86.39	-9.3%	COMMON STOCK	101121101
BDN	BRANDYWINE REALTY TRUST	49,500 (+67.8%)	$610 (+55.6%)	0.2%	$14.49	—	COMMON STOCK	105368203
—	INLAND REAL ESTATE CORP	89,500 (+64.2%)	$725 (+41.3%)	0.2%	$9.68	—	COMMON STOCK	457461200
—	SL GREEN REALTY CORP	5,257 (+61.4%)	$569 (+58.9%)	0.2%	$120.69	—	COMMON STOCK	78440X101
—	DU PONT (E.I.) DE NEMOURS	13,400 (+94.2%)	$646 (+46.5%)	0.2%	$60.18	—	COMMON STOCK	263534109
SBRA	SABRA HEALTH CARE REIT INC	23,600 (+73.5%)	$547 (+56.3%)	0.2%	$28.93	—	COMMON STOCK	78573L106
GLPI	GAMING AND LEISURE PROPERTIE	24,500 (+69.0%)	$728 (+36.8%)	0.2%	$33.97	—	COMMON STOCK	36467J108
EMR	EMERSON ELECTRIC CO	11,900 (+95.1%)	$526 (+55.6%)	0.2%	$40.45	-7.7%	COMMON STOCK	291011104
INN	SUMMIT HOTEL PROPERTIES INC	55,000 (+57.1%)	$642 (+41.1%)	0.2%	$13.19	—	COMMON STOCK	866082100
FOSL	FOSSIL GROUP INC	9,300 (+93.8%)	$520 (+56.2%)	0.2%	$78.16	-18.9%	COMMON STOCK	34988V106
HIW	HIGHWOODS PROPERTIES INC	13,398 (+59.5%)	$519 (+54.5%)	0.2%	$43.12	—	COMMON STOCK	431284108
—	RETAIL OPPORTUNITY INVESTMEN	26,000 (+62.5%)	$430 (+72.0%)	0.1%	$17.63	—	COMMON STOCK	76131N101
HST	HOST HOTELS and RESORTS INC	55,343 (+56.6%)	$875 (+24.8%)	0.3%	$13.43	-8.6%	COMMON STOCK	44107P104
EBAY	EBAY INC	26,700 (+94.9%)	$653 (-20.8%)	0.2%	$22.54	+6.2%	COMMON STOCK	278642103
RLJ	RLJ LODGING TRUST	28,800 (+53.2%)	$728 (+30.0%)	0.2%	$29.23	—	COMMON STOCK	74965L101
—	CHAMBERS STREET PROPERTIES	60,000 (+100.0%)	$389 (+62.8%)	0.1%	$7.22	—	COMMON STOCK	157842105
—	URSTADT BIDDLE - CLASS A	17,000 (+70.0%)	$319 (+70.6%)	0.1%	$21.31	—	COMMON STOCK	917286205
—	CHESAPEAKE LODGING TRUST	14,500 (+70.6%)	$378 (+45.9%)	0.1%	$30.65	—	COMMON STOCK	165240102
ESS	ESSEX PROPERTY TRUST INC	1,000 (+100.0%)	$223 (+110.4%)	0.1%	$158.12	-0.7%	COMMON STOCK	297178105
KR	KROGER CO	52,000 (+111.4%)	$1,876 (+5.2%)	0.6%	$29.58	+2.0%	COMMON STOCK	501044101
—	JOY GLOBAL INC	7,200 (+80.0%)	$107 (-26.2%)	0.0%	$28.41	—	COMMON STOCK	481165108

Exited Positions (43)

JPM JPMORGAN CHASE and CO 1.1%

Value ($000) $3,374 Shares 49,800 Est. Cost $44.28 Unrealized +12.1%

— GENERAL ELECTRIC CO 1.0%

Value ($000) $3,082 Shares 116,000 Est. Cost $24.81 Unrealized —

MRK MERCK and CO. INC. 0.8%

Value ($000) $2,687 Shares 47,200 Est. Cost $40.30 Unrealized -4.7%

AMGN AMGEN INC 0.7%

Value ($000) $2,334 Shares 15,200 Est. Cost $115.04 Unrealized +1.0%

PFE PFIZER INC 0.7%

Value ($000) $2,250 Shares 67,100 Est. Cost $20.10 Unrealized +2.5%

C CITIGROUP INC 0.7%

Value ($000) $2,132 Shares 38,600 Est. Cost $37.93 Unrealized +7.4%

— TIME WARNER INC 0.5%

Value ($000) $1,713 Shares 19,600 Est. Cost $84.44 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.5%

Value ($000) $1,710 Shares 25,700 Est. Cost $43.45 Unrealized +2.5%

LLY ELI LILLY and CO 0.5%

Value ($000) $1,469 Shares 17,600 Est. Cost $58.64 Unrealized +20.2%

PWR QUANTA SERVICES INC 0.4%

Value ($000) $1,412 Shares 49,000 Est. Cost $27.51 Unrealized -9.2%

— GOOGLE INC-CL A 0.4%

Value ($000) $1,404 Shares 2,600 Est. Cost $554.62 Unrealized —

FMC FMC CORP 0.4%

Value ($000) $1,403 Shares 26,700 Est. Cost $40.86 Unrealized -25.2%

— GOOGLE INC-CL C 0.4%

Value ($000) $1,357 Shares 2,607 Est. Cost $548.08 Unrealized —

— HESS CORP 0.4%

Value ($000) $1,338 Shares 20,000 Est. Cost $67.85 Unrealized —

ABBV ABBVIE INC 0.4%

Value ($000) $1,317 Shares 19,600 Est. Cost $38.85 Unrealized +9.5%

— KRAFT FOODS GROUP INC 0.4%

Value ($000) $1,188 Shares 13,950 Est. Cost $87.10 Unrealized —

CF CF Industries Holdings INC 0.4%

Value ($000) $1,157 Shares 18,000 Est. Cost $44.93 Unrealized -3.5%

MET METLIFE INC 0.4%

Value ($000) $1,148 Shares 20,500 Est. Cost $31.21 Unrealized +5.4%

EMN EASTMAN CHEMICAL CO 0.3%

Value ($000) $1,088 Shares 13,300 Est. Cost $51.07 Unrealized +3.4%

TRV TRAVELERS COS INC/THE 0.3%

Value ($000) $947 Shares 9,800 Est. Cost $83.97 Unrealized -3.2%

BAC BANK OF AMERICA CORP 0.3%

Value ($000) $851 Shares 50,000 Est. Cost $12.76 Unrealized +5.4%

— CELGENE CORP 0.3%

Value ($000) $833 Shares 7,200 Est. Cost $115.69 Unrealized —

BK BANK OF NEW YORK MELLON CORP 0.3%

Value ($000) $831 Shares 19,800 Est. Cost $29.74 Unrealized +7.6%

MCK MCKESSON CORP 0.3%

Value ($000) $809 Shares 3,600 Est. Cost $204.26 Unrealized -4.2%

BEN FRANKLIN RESOURCES INC 0.2%

Value ($000) $745 Shares 15,200 Est. Cost $32.28 Unrealized -17.9%

A AGILENT TECHNOLOGIES INC 0.2%

Value ($000) $725 Shares 18,800 Est. Cost $37.03 Unrealized -6.0%

ABT ABBOTT LABORATORIES 0.2%

Value ($000) $677 Shares 13,800 Est. Cost $37.42 Unrealized +3.7%

— NATIONAL OILWELL VARCO INC 0.2%

Value ($000) $657 Shares 13,600 Est. Cost $50.00 Unrealized —

BAX BAXTER INTERNATIONAL INC 0.2%

Value ($000) $622 Shares 8,900 Est. Cost $31.65 Unrealized +1.3%

ZBH ZIMMER BIOMET HOLDINGS INC 0.2%

Value ($000) $601 Shares 5,500 Est. Cost $104.38 Unrealized -11.8%

PNC PNC FINANCIAL SERVICES GROUP 0.2%

Value ($000) $583 Shares 6,100 Est. Cost $64.27 Unrealized +5.3%

— ST JUDE MEDICAL INC 0.2%

Value ($000) $541 Shares 7,400 Est. Cost $65.41 Unrealized —

— ASSOCIATED ESTATES REALTY CP 0.1%

Value ($000) $467 Shares 16,300 Est. Cost $24.66 Unrealized —

AMP AMERIPRISE FINANCIAL INC 0.1%

Value ($000) $462 Shares 3,700 Est. Cost $104.63 Unrealized -9.5%

— AMERICAN REALTY CAPITAL PROP 0.1%

Value ($000) $447 Shares 55,000 Est. Cost $9.85 Unrealized —

— NOBLE ENERGY INC 0.1%

Value ($000) $440 Shares 10,300 Est. Cost $48.93 Unrealized —

— MEADWESTVACO CORP 0.1%

Value ($000) $434 Shares 9,200 Est. Cost $49.89 Unrealized —

DVN DEVON ENERGY CORPORATION 0.1%

Value ($000) $428 Shares 7,200 Est. Cost $41.56 Unrealized -24.1%

— HEALTH CARE REIT INC 0.1%

Value ($000) $410 Shares 6,247 Est. Cost $77.32 Unrealized —

NUS NU SKIN ENTERPRISES INC - A 0.1%

Value ($000) $358 Shares 7,600 Est. Cost $35.65 Unrealized -14.5%

— DCT INDUSTRIAL TRUST INC 0.1%

Value ($000) $348 Shares 11,062 Est. Cost $34.62 Unrealized —

— COACH INC 0.1%

Value ($000) $298 Shares 8,600 Est. Cost $41.40 Unrealized —

MOS MOSAIC CO/THE 0.1%

Value ($000) $248 Shares 5,300 Est. Cost $39.26 Unrealized -14.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE and CO	49,800	$3,374	1.1%	$44.28	+12.1%	—	46625H100
—	GENERAL ELECTRIC CO	116,000	$3,082	1.0%	$24.81	—	—	369604103
MRK	MERCK and CO. INC.	47,200	$2,687	0.8%	$40.30	-4.7%	—	58933Y105
AMGN	AMGEN INC	15,200	$2,334	0.7%	$115.04	+1.0%	—	031162100
PFE	PFIZER INC	67,100	$2,250	0.7%	$20.10	+2.5%	—	717081103
C	CITIGROUP INC	38,600	$2,132	0.7%	$37.93	+7.4%	—	172967424
—	TIME WARNER INC	19,600	$1,713	0.5%	$84.44	—	—	887317303
BMY	BRISTOL-MYERS SQUIBB CO	25,700	$1,710	0.5%	$43.45	+2.5%	—	110122108
LLY	ELI LILLY and CO	17,600	$1,469	0.5%	$58.64	+20.2%	—	532457108
PWR	QUANTA SERVICES INC	49,000	$1,412	0.4%	$27.51	-9.2%	—	74762E102
—	GOOGLE INC-CL A	2,600	$1,404	0.4%	$554.62	—	—	38259P508
FMC	FMC CORP	26,700	$1,403	0.4%	$40.86	-25.2%	—	302491303
—	GOOGLE INC-CL C	2,607	$1,357	0.4%	$548.08	—	—	38259P706
—	HESS CORP	20,000	$1,338	0.4%	$67.85	—	—	42809H107
ABBV	ABBVIE INC	19,600	$1,317	0.4%	$38.85	+9.5%	—	00287Y109
—	KRAFT FOODS GROUP INC	13,950	$1,188	0.4%	$87.10	—	—	50076Q106
CF	CF Industries Holdings INC	18,000	$1,157	0.4%	$44.93	-3.5%	—	125269100
MET	METLIFE INC	20,500	$1,148	0.4%	$31.21	+5.4%	—	59156R108
EMN	EASTMAN CHEMICAL CO	13,300	$1,088	0.3%	$51.07	+3.4%	—	277432100
TRV	TRAVELERS COS INC/THE	9,800	$947	0.3%	$83.97	-3.2%	—	89417E109
BAC	BANK OF AMERICA CORP	50,000	$851	0.3%	$12.76	+5.4%	—	060505104
—	CELGENE CORP	7,200	$833	0.3%	$115.69	—	—	151020104
BK	BANK OF NEW YORK MELLON CORP	19,800	$831	0.3%	$29.74	+7.6%	—	064058100
MCK	MCKESSON CORP	3,600	$809	0.3%	$204.26	-4.2%	—	58155Q103
BEN	FRANKLIN RESOURCES INC	15,200	$745	0.2%	$32.28	-17.9%	—	354613101
A	AGILENT TECHNOLOGIES INC	18,800	$725	0.2%	$37.03	-6.0%	—	00846U101
ABT	ABBOTT LABORATORIES	13,800	$677	0.2%	$37.42	+3.7%	—	002824100
—	NATIONAL OILWELL VARCO INC	13,600	$657	0.2%	$50.00	—	—	637071101
BAX	BAXTER INTERNATIONAL INC	8,900	$622	0.2%	$31.65	+1.3%	—	071813109
ZBH	ZIMMER BIOMET HOLDINGS INC	5,500	$601	0.2%	$104.38	-11.8%	—	98956P102
PNC	PNC FINANCIAL SERVICES GROUP	6,100	$583	0.2%	$64.27	+5.3%	—	693475105
—	ST JUDE MEDICAL INC	7,400	$541	0.2%	$65.41	—	—	790849103
—	ASSOCIATED ESTATES REALTY CP	16,300	$467	0.1%	$24.66	—	—	045604105
AMP	AMERIPRISE FINANCIAL INC	3,700	$462	0.1%	$104.63	-9.5%	—	03076C106
—	AMERICAN REALTY CAPITAL PROP	55,000	$447	0.1%	$9.85	—	—	02917T104
—	NOBLE ENERGY INC	10,300	$440	0.1%	$48.93	—	—	655044105
—	MEADWESTVACO CORP	9,200	$434	0.1%	$49.89	—	—	583334107
DVN	DEVON ENERGY CORPORATION	7,200	$428	0.1%	$41.56	-24.1%	—	25179M103
—	HEALTH CARE REIT INC	6,247	$410	0.1%	$77.32	—	—	42217K106
NUS	NU SKIN ENTERPRISES INC - A	7,600	$358	0.1%	$35.65	-14.5%	—	67018T105
—	DCT INDUSTRIAL TRUST INC	11,062	$348	0.1%	$34.62	—	—	233153105
—	COACH INC	8,600	$298	0.1%	$41.40	—	—	189754101
MOS	MOSAIC CO/THE	5,300	$248	0.1%	$39.26	-14.5%	—	61945C103

Decreased Positions (1)

CPT CAMDEN PROPERTY TRUST 0.2%

Value ($000) $616 (-11.1%) Shares 8,331 (-10.7%) Est. Cost $50.04 Unrealized +0.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CPT	CAMDEN PROPERTY TRUST	8,331 (-10.7%)	$616 (-11.1%)	0.2%	$50.04	+0.7%	COMMON STOCK	133131102

Unchanged Positions (4)

KIM KIMCO REALTY CORP 0.2%

Value ($000) $496 Shares 20,295 Est. Cost $15.89 Unrealized -8.8%

— LASALLE HOTEL PROPERTIES 0.0%

Value ($000) $94 Shares 3,300 Est. Cost $38.79 Unrealized —

— HEALTHCARE REALTY TRUST INC 0.0%

Value ($000) $101 Shares 4,082 Est. Cost $27.68 Unrealized —

— PHYSICIANS REALTY TRUST 0.1%

Value ($000) $302 Shares 20,000 Est. Cost $17.60 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KIM	KIMCO REALTY CORP	20,295	$496	0.2%	$15.89	-8.8%	COMMON STOCK	49446R109
—	LASALLE HOTEL PROPERTIES	3,300	$94	0.0%	$38.79	—	COMMON STOCK	517942108
—	HEALTHCARE REALTY TRUST INC	4,082	$101	0.0%	$27.68	—	COMMON STOCK	421946104
—	PHYSICIANS REALTY TRUST	20,000	$302	0.1%	$17.60	—	COMMON STOCK	71943U104