Pensionfund PDN Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBM	INTL BUSINESS MACHINES CORP	51,000	$8,101	1.1%	$101.76	0.0%	COMMON STOCK	459200101
—	BLACKROCK INC	13,000	$4,712	0.6%	$362.46	—	COMMON STOCK	09247X101
MCK	MCKESSON CORP	28,000	$4,669	0.6%	$173.09	0.0%	COMMON STOCK	58155Q103
—	CBS CORP-CLASS B NON VOTING	80,000	$4,379	0.6%	$54.74	—	COMMON STOCK	124857202
ZBH	ZIMMER BIOMET HOLDINGS INC	33,000	$4,291	0.6%	$114.42	0.0%	COMMON STOCK	98956P102
ALL	ALLSTATE CORP	60,000	$4,151	0.6%	$55.91	0.0%	COMMON STOCK	020002101
CMI	CUMMINS INC	32,000	$4,101	0.6%	$94.73	0.0%	COMMON STOCK	231021106
EIX	EDISON INTERNATIONAL	55,000	$3,974	0.5%	$51.05	0.0%	COMMON STOCK	281020107
PEG	PUBLIC SERVICE ENTERPRISE GP	92,000	$3,852	0.5%	$31.86	0.0%	COMMON STOCK	744573106
FAST	FASTENAL CO	91,000	$3,802	0.5%	$8.32	0.0%	COMMON STOCK	311900104
SJM	JM SMUCKER CO/THE	28,000	$3,795	0.5%	$109.93	0.0%	COMMON STOCK	832696405
ES	EVERSOURCE ENERGY	70,000	$3,793	0.5%	$40.79	0.0%	COMMON STOCK	30040W108
XEL	XCEL ENERGY INC	92,000	$3,785	0.5%	$31.98	0.0%	COMMON STOCK	98389B100
DTE	DTE ENERGY COMPANY	40,000	$3,747	0.5%	$59.58	0.0%	COMMON STOCK	233331107
IFF	INTL FLAVORS and FRAGRANCES	26,000	$3,717	0.5%	$107.24	0.0%	COMMON STOCK	459506101
XYL	XYLEM INC	70,000	$3,672	0.5%	$43.77	0.0%	COMMON STOCK	98419M100
—	WABCO HOLDINGS INC	32,000	$3,633	0.5%	$113.53	—	COMMON STOCK	92927K102
HAS	HASBRO INC	45,000	$3,570	0.5%	$59.17	0.0%	COMMON STOCK	418056107
MSCI	MSCI INC	42,000	$3,525	0.5%	$76.86	0.0%	COMMON STOCK	55354G100
—	VMWARE INC-CLASS A	47,000	$3,447	0.5%	$73.34	—	COMMON STOCK	928563402
—	EATON VANCE CORP	87,000	$3,397	0.5%	$39.05	—	COMMON STOCK	278265103
—	DDR CORP	110,000	$1,917	0.3%	$17.43	—	COMMON STOCK	23317H102
—	COLUMBIA PROPERTY TRUST INC	66,000	$1,478	0.2%	$22.39	—	COMMON STOCK	198287203
DRH	DIAMONDROCK HOSPITALITY CO	148,000	$1,347	0.2%	$9.10	—	COMMON STOCK	252784301
IRM	IRON MOUNTAIN INC	30,000	$1,126	0.2%	$22.75	0.0%	COMMON STOCK	46284V101
—	Life Storage Inc	11,000	$978	0.1%	$88.91	—	COMMON STOCK	53223X107

Increased Positions (12)

HRL HORMEL FOODS CORP 0.5%

Value ($000) $4,021 (+44.5%) Shares 106,000 (+39.5%) Est. Cost $27.62 Unrealized +6.6%

— LASALLE HOTEL PROPERTIES 0.2%

Value ($000) $1,399 (+202.8%) Shares 58,600 (+199.0%) Est. Cost $24.15 Unrealized —

— RAMCO-GERSHENSON PROPERTIES 0.2%

Value ($000) $1,139 (+164.3%) Shares 60,782 (+176.3%) Est. Cost $19.05 Unrealized —

— APARTMENT INVT and MGMT CO -A 0.3%

Value ($000) $1,905 (+43.8%) Shares 41,500 (+38.3%) Est. Cost $42.96 Unrealized —

— LIBERTY PROPERTY TRUST 0.4%

Value ($000) $2,869 (+22.2%) Shares 71,096 (+20.3%) Est. Cost $37.54 Unrealized —

BF/B BROWN-FORMAN CORP-CLASS B 0.5%

Value ($000) $3,567 (+14.6%) Shares 75,200 (+141.0%) Est. Cost $33.19 Unrealized -1.3%

HST HOST HOTELS and RESORTS INC 0.4%

Value ($000) $2,865 (+17.0%) Shares 183,998 (+21.9%) Est. Cost $10.94 Unrealized +8.1%

CDP CORPORATE OFFICE PROPERTIES 0.2%

Value ($000) $1,389 (+42.3%) Shares 49,000 (+48.5%) Est. Cost $29.17 Unrealized —

EQR EQUITY RESIDENTIAL 0.5%

Value ($000) $3,561 (+10.4%) Shares 55,356 (+18.1%) Est. Cost $33.59 Unrealized +35.5%

— DR PEPPER SNAPPLE GROUP INC 0.5%

Value ($000) $3,652 (+9.5%) Shares 40,000 (+15.9%) Est. Cost $92.95 Unrealized —

HSY HERSHEY CO/THE 0.5%

Value ($000) $3,633 (-7.2%) Shares 38,000 (+10.1%) Est. Cost $73.25 Unrealized +15.5%

CVS CVS HEALTH CORP 0.8%

Value ($000) $6,283 (+2.7%) Shares 70,600 (+10.5%) Est. Cost $50.43 Unrealized +40.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HRL	HORMEL FOODS CORP	106,000 (+39.5%)	$4,021 (+44.5%)	0.5%	$27.62	+6.6%	COMMON STOCK	440452100
—	LASALLE HOTEL PROPERTIES	58,600 (+199.0%)	$1,399 (+202.8%)	0.2%	$24.15	—	COMMON STOCK	517942108
—	RAMCO-GERSHENSON PROPERTIES	60,782 (+176.3%)	$1,139 (+164.3%)	0.2%	$19.05	—	COMMON STOCK	751452202
—	APARTMENT INVT and MGMT CO -A	41,500 (+38.3%)	$1,905 (+43.8%)	0.3%	$42.96	—	COMMON STOCK	03748R101
—	LIBERTY PROPERTY TRUST	71,096 (+20.3%)	$2,869 (+22.2%)	0.4%	$37.54	—	COMMON STOCK	531172104
BF/B	BROWN-FORMAN CORP-CLASS B	75,200 (+141.0%)	$3,567 (+14.6%)	0.5%	$33.19	-1.3%	COMMON STOCK	115637209
HST	HOST HOTELS and RESORTS INC	183,998 (+21.9%)	$2,865 (+17.0%)	0.4%	$10.94	+8.1%	COMMON STOCK	44107P104
CDP	CORPORATE OFFICE PROPERTIES	49,000 (+48.5%)	$1,389 (+42.3%)	0.2%	$29.17	—	COMMON STOCK	22002T108
EQR	EQUITY RESIDENTIAL	55,356 (+18.1%)	$3,561 (+10.4%)	0.5%	$33.59	+35.5%	COMMON STOCK	29476L107
—	DR PEPPER SNAPPLE GROUP INC	40,000 (+15.9%)	$3,652 (+9.5%)	0.5%	$92.95	—	COMMON STOCK	26138E109
HSY	HERSHEY CO/THE	38,000 (+10.1%)	$3,633 (-7.2%)	0.5%	$73.25	+15.5%	COMMON STOCK	427866108
CVS	CVS HEALTH CORP	70,600 (+10.5%)	$6,283 (+2.7%)	0.8%	$50.43	+40.6%	COMMON STOCK	126650100

Exited Positions (24)

— MICHAEL KORS HOLDINGS LTD 2.2%

Value ($000) $16,207 Shares 207,850 Est. Cost $59.24 Unrealized —

CSCO CISCO SYSTEMS INC 1.0%

Value ($000) $7,459 Shares 260,000 Est. Cost $18.95 Unrealized +21.7%

— UNITED TECHNOLOGIES CORP 0.8%

Value ($000) $6,153 Shares 60,000 Est. Cost $100.10 Unrealized —

UNP UNION PACIFIC CORP 0.8%

Value ($000) $5,663 Shares 64,900 Est. Cost $67.67 Unrealized +12.2%

— PRICELINE GROUP INC/THE 0.7%

Value ($000) $5,181 Shares 4,150 Est. Cost $1117.03 Unrealized —

EMR EMERSON ELECTRIC CO 0.6%

Value ($000) $4,329 Shares 83,000 Est. Cost $41.54 Unrealized +1.8%

SYY SYSCO CORP 0.5%

Value ($000) $3,988 Shares 78,600 Est. Cost $37.68 Unrealized +6.8%

PPL PPL CORP 0.5%

Value ($000) $3,964 Shares 105,000 Est. Cost $22.88 Unrealized +3.3%

— PRAXAIR INC 0.5%

Value ($000) $3,866 Shares 34,400 Est. Cost $117.96 Unrealized —

WEC WEC ENERGY GROUP INC 0.5%

Value ($000) $3,787 Shares 58,000 Est. Cost $40.72 Unrealized +13.3%

CAH CARDINAL HEALTH INC 0.5%

Value ($000) $3,744 Shares 48,000 Est. Cost $61.18 Unrealized +0.5%

— KELLOGG CO 0.5%

Value ($000) $3,625 Shares 44,400 Est. Cost $39.93 Unrealized +36.9%

L LOEWS CORP 0.5%

Value ($000) $3,608 Shares 87,800 Est. Cost $37.95 Unrealized +3.7%

CHD CHURCH and DWIGHT CO INC 0.5%

Value ($000) $3,601 Shares 35,000 Est. Cost $37.38 Unrealized +16.9%

— LABORATORY CRP OF AMER HLDGS 0.5%

Value ($000) $3,569 Shares 27,400 Est. Cost $130.26 Unrealized —

CNC CENTENE CORP 0.5%

Value ($000) $3,569 Shares 50,000 Est. Cost $29.85 Unrealized +16.4%

AYI ACUITY BRANDS INC 0.5%

Value ($000) $3,471 Shares 14,000 Est. Cost $199.80 Unrealized +29.1%

PII POLARIS INDUSTRIES INC 0.4%

Value ($000) $3,279 Shares 40,100 Est. Cost $98.26 Unrealized -11.6%

— QUINTILES TRANSNATIONAL HOLD 0.4%

Value ($000) $3,201 Shares 49,000 Est. Cost $65.10 Unrealized —

— PEOPLE'S UNITED FINANCIAL 0.4%

Value ($000) $2,932 Shares 200,000 Est. Cost $16.08 Unrealized —

LUV SOUTHWEST AIRLINES CO 0.4%

Value ($000) $2,745 Shares 70,000 Est. Cost $36.21 Unrealized -6.2%

— NORDSTROM INC 0.3%

Value ($000) $2,264 Shares 59,500 Est. Cost $52.23 Unrealized —

ADC AGREE REALTY CORP 0.2%

Value ($000) $1,219 Shares 25,260 Est. Cost $29.67 Unrealized —

— BALL CORP 0.1%

Value ($000) $1,012 Shares 14,005 Est. Cost $72.26 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	MICHAEL KORS HOLDINGS LTD	207,850	$16,207	2.2%	$59.24	—	—	000000000
CSCO	CISCO SYSTEMS INC	260,000	$7,459	1.0%	$18.95	+21.7%	—	17275R102
—	UNITED TECHNOLOGIES CORP	60,000	$6,153	0.8%	$100.10	—	—	913017109
UNP	UNION PACIFIC CORP	64,900	$5,663	0.8%	$67.67	+12.2%	—	907818108
—	PRICELINE GROUP INC/THE	4,150	$5,181	0.7%	$1117.03	—	—	741503403
EMR	EMERSON ELECTRIC CO	83,000	$4,329	0.6%	$41.54	+1.8%	—	291011104
SYY	SYSCO CORP	78,600	$3,988	0.5%	$37.68	+6.8%	—	871829107
PPL	PPL CORP	105,000	$3,964	0.5%	$22.88	+3.3%	—	69351T106
—	PRAXAIR INC	34,400	$3,866	0.5%	$117.96	—	—	74005P104
WEC	WEC ENERGY GROUP INC	58,000	$3,787	0.5%	$40.72	+13.3%	—	92939U106
CAH	CARDINAL HEALTH INC	48,000	$3,744	0.5%	$61.18	+0.5%	—	14149Y108
—	KELLOGG CO	44,400	$3,625	0.5%	$39.93	+36.9%	—	487836108
L	LOEWS CORP	87,800	$3,608	0.5%	$37.95	+3.7%	—	540424108
CHD	CHURCH and DWIGHT CO INC	35,000	$3,601	0.5%	$37.38	+16.9%	—	171340102
—	LABORATORY CRP OF AMER HLDGS	27,400	$3,569	0.5%	$130.26	—	—	50540R409
CNC	CENTENE CORP	50,000	$3,569	0.5%	$29.85	+16.4%	—	15135B101
AYI	ACUITY BRANDS INC	14,000	$3,471	0.5%	$199.80	+29.1%	—	00508Y102
PII	POLARIS INDUSTRIES INC	40,100	$3,279	0.4%	$98.26	-11.6%	—	731068102
—	QUINTILES TRANSNATIONAL HOLD	49,000	$3,201	0.4%	$65.10	—	—	74876Y101
—	PEOPLE'S UNITED FINANCIAL	200,000	$2,932	0.4%	$16.08	—	—	712704105
LUV	SOUTHWEST AIRLINES CO	70,000	$2,745	0.4%	$36.21	-6.2%	—	844741108
—	NORDSTROM INC	59,500	$2,264	0.3%	$52.23	—	—	655664100
ADC	AGREE REALTY CORP	25,260	$1,219	0.2%	$29.67	—	—	008492100
—	BALL CORP	14,005	$1,012	0.1%	$72.26	—	—	58498106

Decreased Positions (15)

AAPL APPLE INC 2.5%

Value ($000) $18,755 (+10.6%) Shares 165,900 (-6.5%) Est. Cost $21.10 Unrealized +14.8%

VTR VENTAS INC 0.6%

Value ($000) $4,413 (-22.5%) Shares 62,482 (-20.1%) Est. Cost $44.48 Unrealized +8.7%

SKT TANGER FACTORY OUTLET CENTER 0.3%

Value ($000) $2,454 (-31.4%) Shares 63,000 (-29.2%) Est. Cost $33.85 Unrealized —

MAC MACERICH CO/THE 0.3%

Value ($000) $1,901 (-30.4%) Shares 23,507 (-26.6%) Est. Cost $60.58 Unrealized —

EPR EPR PROPERTIES 0.2%

Value ($000) $1,835 (-24.9%) Shares 23,300 (-23.1%) Est. Cost $51.02 Unrealized —

— POST PROPERTIES INC 0.1%

Value ($000) $926 (-39.3%) Shares 14,000 (-44.0%) Est. Cost $59.76 Unrealized —

— DUKE REALTY CORP 0.2%

Value ($000) $1,668 (-26.4%) Shares 61,024 (-28.2%) Est. Cost $17.58 Unrealized —

INN SUMMIT HOTEL PROPERTIES INC 0.1%

Value ($000) $645 (-45.2%) Shares 49,000 (-44.9%) Est. Cost $14.07 Unrealized —

— SELECT INCOME REIT 0.5%

Value ($000) $3,384 (-13.1%) Shares 125,800 (-16.0%) Est. Cost $26.33 Unrealized —

STAG STAG INDUSTRIAL INC 0.3%

Value ($000) $1,973 (-17.6%) Shares 80,500 (-19.9%) Est. Cost $19.62 Unrealized —

— GRAMERCY PROPERTY TRUST 0.3%

Value ($000) $2,362 (-14.6%) Shares 245,000 (-18.3%) Est. Cost $8.27 Unrealized —

— MONOGRAM RESIDENTIAL TRUST I 0.0%

Value ($000) $368 (-51.7%) Shares 34,625 (-53.6%) Est. Cost $9.86 Unrealized —

EGP EASTGROUP PROPERTIES INC 0.3%

Value ($000) $2,589 (-12.7%) Shares 35,200 (-18.1%) Est. Cost $57.86 Unrealized —

— SENIOR HOUSING PROP TRUST 0.5%

Value ($000) $3,931 (-7.1%) Shares 173,100 (-14.8%) Est. Cost $19.32 Unrealized —

SBRA SABRA HEALTH CARE REIT INC 0.4%

Value ($000) $2,888 (+7.3%) Shares 114,700 (-12.0%) Est. Cost $24.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	165,900 (-6.5%)	$18,755 (+10.6%)	2.5%	$21.10	+14.8%	COMMON STOCK	037833100
VTR	VENTAS INC	62,482 (-20.1%)	$4,413 (-22.5%)	0.6%	$44.48	+8.7%	COMMON STOCK	92276F100
SKT	TANGER FACTORY OUTLET CENTER	63,000 (-29.2%)	$2,454 (-31.4%)	0.3%	$33.85	—	COMMON STOCK	875465106
MAC	MACERICH CO/THE	23,507 (-26.6%)	$1,901 (-30.4%)	0.3%	$60.58	—	COMMON STOCK	554382101
EPR	EPR PROPERTIES	23,300 (-23.1%)	$1,835 (-24.9%)	0.2%	$51.02	—	COMMON STOCK	26884U109
—	POST PROPERTIES INC	14,000 (-44.0%)	$926 (-39.3%)	0.1%	$59.76	—	COMMON STOCK	737464107
—	DUKE REALTY CORP	61,024 (-28.2%)	$1,668 (-26.4%)	0.2%	$17.58	—	COMMON STOCK	264411505
INN	SUMMIT HOTEL PROPERTIES INC	49,000 (-44.9%)	$645 (-45.2%)	0.1%	$14.07	—	COMMON STOCK	866082100
—	SELECT INCOME REIT	125,800 (-16.0%)	$3,384 (-13.1%)	0.5%	$26.33	—	COMMON STOCK	81618T100
STAG	STAG INDUSTRIAL INC	80,500 (-19.9%)	$1,973 (-17.6%)	0.3%	$19.62	—	COMMON STOCK	85254J102
—	GRAMERCY PROPERTY TRUST	245,000 (-18.3%)	$2,362 (-14.6%)	0.3%	$8.27	—	COMMON STOCK	385002100
—	MONOGRAM RESIDENTIAL TRUST I	34,625 (-53.6%)	$368 (-51.7%)	0.0%	$9.86	—	COMMON STOCK	60979P105
EGP	EASTGROUP PROPERTIES INC	35,200 (-18.1%)	$2,589 (-12.7%)	0.3%	$57.86	—	COMMON STOCK	277276101
—	SENIOR HOUSING PROP TRUST	173,100 (-14.8%)	$3,931 (-7.1%)	0.5%	$19.32	—	COMMON STOCK	81721M109
SBRA	SABRA HEALTH CARE REIT INC	114,700 (-12.0%)	$2,888 (+7.3%)	0.4%	$24.06	—	COMMON STOCK	78573L106

Unchanged Positions (144)

BMY BRISTOL-MYERS SQUIBB CO 0.7%

Value ($000) $5,122 Shares 95,000 Est. Cost $44.80 Unrealized +3.0%

MSFT MICROSOFT CORP 2.2%

Value ($000) $16,600 Shares 288,200 Est. Cost $33.54 Unrealized +50.0%

QCOM QUALCOMM INC 1.0%

Value ($000) $7,398 Shares 108,000 Est. Cost $40.28 Unrealized +16.5%

BIIB BIOGEN INC 0.7%

Value ($000) $5,478 Shares 17,500 Est. Cost $230.33 Unrealized +28.6%

GOOGL ALPHABET INC-CL A 1.3%

Value ($000) $9,818 Shares 12,210 Est. Cost $32.37 Unrealized +19.9%

INTC INTEL CORP 1.2%

Value ($000) $8,920 Shares 236,300 Est. Cost $19.31 Unrealized +48.2%

AMAT APPLIED MATERIALS INC 0.7%

Value ($000) $5,276 Shares 175,000 Est. Cost $19.78 Unrealized +27.0%

DG DOLLAR GENERAL CORP 0.4%

Value ($000) $3,080 Shares 44,000 Est. Cost $66.81 Unrealized +12.3%

GOOG ALPHABET INC-CL C 1.2%

Value ($000) $8,783 Shares 11,300 Est. Cost $30.63 Unrealized +23.0%

— LINEAR TECHNOLOGY CORP 0.6%

Value ($000) $4,210 Shares 71,000 Est. Cost $40.36 Unrealized —

MA MASTERCARD INC-CLASS A 0.9%

Value ($000) $6,513 Shares 64,000 Est. Cost $89.14 Unrealized +1.9%

V VISA INC-CLASS A SHARES 1.1%

Value ($000) $8,311 Shares 100,500 Est. Cost $70.84 Unrealized +5.9%

DKS DICK'S SPORTING GOODS INC 0.6%

Value ($000) $4,129 Shares 72,800 Est. Cost $31.61 Unrealized +33.4%

TSCO TRACTOR SUPPLY COMPANY 0.3%

Value ($000) $2,290 Shares 34,000 Est. Cost $15.20 Unrealized -5.4%

SPGI SandP GLOBAL INC 0.7%

Value ($000) $5,126 Shares 40,500 Est. Cost $96.34 Unrealized +14.4%

VZ VERIZON COMMUNICATIONS INC 1.3%

Value ($000) $9,616 Shares 185,000 Est. Cost $30.04 Unrealized +9.5%

MRK MERCK and CO. INC. 1.2%

Value ($000) $9,081 Shares 145,500 Est. Cost $39.48 Unrealized +10.8%

T ATandT INC 1.4%

Value ($000) $10,762 Shares 265,000 Est. Cost $12.32 Unrealized +32.2%

PSA PUBLIC STORAGE 0.6%

Value ($000) $4,702 Shares 21,074 Est. Cost $97.16 Unrealized +64.4%

— VARIAN MEDICAL SYSTEMS INC 0.5%

Value ($000) $3,782 Shares 38,000 Est. Cost $73.79 Unrealized —

SPG SIMON PROPERTY GROUP INC 1.8%

Value ($000) $13,561 Shares 65,508 Est. Cost $89.25 Unrealized +48.9%

TXN TEXAS INSTRUMENTS INC 0.8%

Value ($000) $5,965 Shares 85,000 Est. Cost $40.51 Unrealized +30.0%

ITW ILLINOIS TOOL WORKS 0.6%

Value ($000) $4,734 Shares 39,500 Est. Cost $68.35 Unrealized +35.9%

MO ALTRIA GROUP INC 0.9%

Value ($000) $6,639 Shares 105,000 Est. Cost $19.82 Unrealized +75.4%

SWKS SKYWORKS SOLUTIONS INC 0.5%

Value ($000) $3,541 Shares 46,500 Est. Cost $63.97 Unrealized -10.5%

CTSH COGNIZANT TECH SOLUTIONS-A 0.4%

Value ($000) $2,882 Shares 60,400 Est. Cost $42.96 Unrealized +17.4%

LEA LEAR CORP 0.5%

Value ($000) $3,515 Shares 29,000 Est. Cost $88.18 Unrealized +8.1%

— FOOT LOCKER INC 0.4%

Value ($000) $2,919 Shares 43,100 Est. Cost $65.06 Unrealized —

MTD METTLER-TOLEDO INTERNATIONAL 0.5%

Value ($000) $3,946 Shares 9,400 Est. Cost $316.01 Unrealized +25.6%

CTAS CINTAS CORP 0.5%

Value ($000) $3,930 Shares 34,900 Est. Cost $20.40 Unrealized +21.3%

APH AMPHENOL CORP-CL A 0.5%

Value ($000) $4,090 Shares 63,000 Est. Cost $12.16 Unrealized +14.3%

LOW LOWE'S COS INC 0.7%

Value ($000) $4,910 Shares 68,000 Est. Cost $56.94 Unrealized +14.9%

ROST ROSS STORES INC 0.5%

Value ($000) $3,980 Shares 61,900 Est. Cost $38.23 Unrealized +46.6%

WAT WATERS CORP 0.5%

Value ($000) $3,994 Shares 25,200 Est. Cost $127.49 Unrealized +21.4%

DIS WALT DISNEY CO/THE 1.0%

Value ($000) $7,364 Shares 79,300 Est. Cost $69.31 Unrealized +28.2%

— TOTAL SYSTEM SERVICES INC 0.4%

Value ($000) $3,112 Shares 66,000 Est. Cost $53.11 Unrealized —

PFE PFIZER INC 1.3%

Value ($000) $9,866 Shares 291,300 Est. Cost $21.05 Unrealized +5.7%

PLD PROLOGIS INC 0.6%

Value ($000) $4,497 Shares 84,000 Est. Cost $29.27 Unrealized +38.0%

— COACH INC 0.4%

Value ($000) $3,290 Shares 90,000 Est. Cost $40.74 Unrealized —

DLR DIGITAL REALTY TRUST INC 0.4%

Value ($000) $3,069 Shares 31,600 Est. Cost $37.62 Unrealized +94.9%

— AMERICAN ELECTRIC POWER 0.5%

Value ($000) $4,045 Shares 63,000 Est. Cost $66.40 Unrealized —

— HCP INC 0.7%

Value ($000) $5,449 Shares 143,593 Est. Cost $40.87 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.6%

Value ($000) $4,204 Shares 5,800 Est. Cost $56.16 Unrealized +36.3%

PM PHILIP MORRIS INTERNATIONAL 1.0%

Value ($000) $7,632 Shares 78,500 Est. Cost $49.71 Unrealized +25.3%

CLX CLOROX COMPANY 0.4%

Value ($000) $3,255 Shares 26,000 Est. Cost $96.11 Unrealized +4.3%

FFIV F5 NETWORKS INC 0.5%

Value ($000) $3,839 Shares 30,800 Est. Cost $106.19 Unrealized +14.3%

DUK DUKE ENERGY CORP 0.6%

Value ($000) $4,602 Shares 57,500 Est. Cost $46.61 Unrealized +21.0%

GILD GILEAD SCIENCES INC 0.8%

Value ($000) $6,021 Shares 76,100 Est. Cost $65.39 Unrealized -11.6%

ORCL ORACLE CORP 1.0%

Value ($000) $7,180 Shares 182,800 Est. Cost $28.34 Unrealized +25.0%

TROW T ROWE PRICE GROUP INC 0.4%

Value ($000) $3,092 Shares 46,500 Est. Cost $50.99 Unrealized -3.1%

VFC VF CORP 0.4%

Value ($000) $3,021 Shares 53,900 Est. Cost $53.88 Unrealized +7.2%

HSIC HENRY SCHEIN INC 0.4%

Value ($000) $3,341 Shares 20,500 Est. Cost $59.46 Unrealized +11.6%

— NORTHSTAR REALTY FINANCE 0.3%

Value ($000) $2,134 Shares 162,000 Est. Cost $13.24 Unrealized —

UTHR UNITED THERAPEUTICS CORP 0.4%

Value ($000) $2,716 Shares 23,000 Est. Cost $155.10 Unrealized -22.5%

MCD MCDONALD'S CORP 0.9%

Value ($000) $6,460 Shares 56,000 Est. Cost $99.15 Unrealized -4.6%

SBUX STARBUCKS CORP 0.7%

Value ($000) $4,905 Shares 90,600 Est. Cost $33.68 Unrealized +36.1%

— CBL and ASSOCIATES PROPERTIES 0.1%

Value ($000) $1,105 Shares 91,000 Est. Cost $9.31 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.5%

Value ($000) $3,952 Shares 32,300 Est. Cost $85.80 Unrealized +14.3%

MKC MCCORMICK and CO-NON VTG SHRS 0.5%

Value ($000) $3,417 Shares 34,200 Est. Cost $28.59 Unrealized +48.2%

AJG ARTHUR J GALLAGHER and CO 0.5%

Value ($000) $3,561 Shares 70,000 Est. Cost $33.74 Unrealized +25.7%

SHW SHERWIN-WILLIAMS CO/THE 0.5%

Value ($000) $3,597 Shares 13,000 Est. Cost $79.61 Unrealized +11.8%

NKE NIKE INC -CL B 0.6%

Value ($000) $4,486 Shares 85,200 Est. Cost $53.13 Unrealized -5.9%

MAA MID-AMERICA APARTMENT COMM 0.2%

Value ($000) $1,626 Shares 17,300 Est. Cost $43.58 Unrealized +65.5%

— CARE CAPITAL PROPERTIES INC 0.3%

Value ($000) $2,556 Shares 89,670 Est. Cost $27.93 Unrealized —

— CITRIX SYSTEMS INC 0.4%

Value ($000) $3,238 Shares 38,000 Est. Cost $78.58 Unrealized —

— GENERAL GROWTH PROPERTIES 0.3%

Value ($000) $2,360 Shares 85,500 Est. Cost $22.17 Unrealized —

— CR BARD INC 0.5%

Value ($000) $3,858 Shares 17,200 Est. Cost $190.36 Unrealized —

SO SOUTHERN CO/THE 0.5%

Value ($000) $4,099 Shares 79,900 Est. Cost $26.97 Unrealized +32.0%

BDN BRANDYWINE REALTY TRUST 0.3%

Value ($000) $2,396 Shares 153,400 Est. Cost $13.60 Unrealized —

PCG P G and E CORP 0.5%

Value ($000) $3,976 Shares 65,000 Est. Cost $52.19 Unrealized +15.7%

— CERNER CORP 0.5%

Value ($000) $3,507 Shares 56,800 Est. Cost $58.38 Unrealized —

CHRW C.H. ROBINSON WORLDWIDE INC 0.4%

Value ($000) $3,241 Shares 46,000 Est. Cost $53.05 Unrealized +5.9%

ADP AUTOMATIC DATA PROCESSING 0.6%

Value ($000) $4,145 Shares 47,000 Est. Cost $63.87 Unrealized +16.0%

EFX EQUIFAX INC 0.5%

Value ($000) $3,768 Shares 28,000 Est. Cost $95.83 Unrealized +26.8%

ARE ALEXANDRIA REAL ESTATE EQUIT 0.5%

Value ($000) $3,502 Shares 32,200 Est. Cost $45.03 Unrealized +73.2%

TRV TRAVELERS COS INC/THE 0.6%

Value ($000) $4,238 Shares 37,000 Est. Cost $91.51 Unrealized +4.1%

EXPD EXPEDITORS INTL WASH INC 0.5%

Value ($000) $3,359 Shares 65,200 Est. Cost $42.31 Unrealized +6.4%

OMC OMNICOM GROUP 0.5%

Value ($000) $3,740 Shares 44,000 Est. Cost $52.01 Unrealized +16.4%

— SCANA CORP 0.4%

Value ($000) $3,257 Shares 45,000 Est. Cost $70.16 Unrealized —

BRX BRIXMOR PROPERTY GROUP INC 0.4%

Value ($000) $3,085 Shares 111,000 Est. Cost $25.62 Unrealized —

TJX TJX COMPANIES INC 0.6%

Value ($000) $4,419 Shares 59,100 Est. Cost $29.40 Unrealized +16.6%

COST COSTCO WHOLESALE CORP 0.6%

Value ($000) $4,758 Shares 31,200 Est. Cost $99.53 Unrealized +37.6%

CPT CAMDEN PROPERTY TRUST 0.3%

Value ($000) $2,543 Shares 30,369 Est. Cost $46.09 Unrealized +31.8%

KIM KIMCO REALTY CORP 0.2%

Value ($000) $1,671 Shares 57,731 Est. Cost $12.61 Unrealized +51.2%

— AVERY DENNISON CORP 0.5%

Value ($000) $3,501 Shares 45,000 Est. Cost $72.11 Unrealized —

ESRT EMPIRE STATE REALTY TRUST-A 0.2%

Value ($000) $1,383 Shares 66,000 Est. Cost $17.53 Unrealized —

— WR BERKLEY CORP 0.4%

Value ($000) $3,350 Shares 58,000 Est. Cost $59.91 Unrealized —

ORLY O'REILLY AUTOMOTIVE INC 0.5%

Value ($000) $3,725 Shares 13,300 Est. Cost $17.32 Unrealized +8.2%

AZO AUTOZONE INC 0.5%

Value ($000) $3,458 Shares 4,500 Est. Cost $763.07 Unrealized +2.0%

— TORCHMARK CORP 0.5%

Value ($000) $3,437 Shares 53,800 Est. Cost $56.38 Unrealized —

PAYX PAYCHEX INC 0.5%

Value ($000) $3,877 Shares 67,000 Est. Cost $34.10 Unrealized +33.0%

SNA SNAP-ON INC 0.4%

Value ($000) $2,735 Shares 18,000 Est. Cost $130.90 Unrealized -6.1%

— NEW SENIOR INVESTMENT GROUP 0.2%

Value ($000) $1,419 Shares 123,000 Est. Cost $10.30 Unrealized —

— DARDEN RESTAURANTS INC 0.4%

Value ($000) $3,066 Shares 50,000 Est. Cost $63.34 Unrealized —

— INTERPUBLIC GROUP OF COS INC 0.4%

Value ($000) $2,928 Shares 131,000 Est. Cost $15.38 Unrealized +4.3%

EL ESTEE LAUDER COMPANIES-CL A 0.5%

Value ($000) $3,427 Shares 38,700 Est. Cost $60.36 Unrealized +34.0%

— VEREIT INC 0.5%

Value ($000) $3,941 Shares 380,000 Est. Cost $8.82 Unrealized —

— DUPONT FABROS TECHNOLOGY 0.1%

Value ($000) $578 Shares 14,000 Est. Cost $32.68 Unrealized —

— HOSPITALITY PROPERTIES TRUST 0.4%

Value ($000) $2,717 Shares 91,434 Est. Cost $27.41 Unrealized —

— WEINGARTEN REALTY INVESTORS 0.2%

Value ($000) $1,767 Shares 45,336 Est. Cost $30.78 Unrealized —

UPS UNITED PARCEL SERVICE-CL B 0.7%

Value ($000) $5,566 Shares 50,900 Est. Cost $62.45 Unrealized +23.7%

MRSH MARSH and MCLENNAN COS 0.6%

Value ($000) $4,553 Shares 67,700 Est. Cost $47.89 Unrealized +19.7%

RMD RESMED INC 0.5%

Value ($000) $3,369 Shares 52,000 Est. Cost $49.97 Unrealized +19.9%

BXP BOSTON PROPERTIES INC 0.3%

Value ($000) $2,237 Shares 16,417 Est. Cost $64.00 Unrealized +46.6%

WELL WELLTOWER INC 0.5%

Value ($000) $3,735 Shares 49,953 Est. Cost $44.65 Unrealized +21.0%

— CIGNA CORP 0.5%

Value ($000) $3,688 Shares 28,300 Est. Cost $135.14 Unrealized —

UNH UNITEDHEALTH GROUP INC 1.0%

Value ($000) $7,532 Shares 53,800 Est. Cost $65.43 Unrealized +84.2%

CL COLGATE-PALMOLIVE CO 0.7%

Value ($000) $4,990 Shares 67,300 Est. Cost $48.89 Unrealized +21.5%

— CYRUSONE INC 0.0%

Value ($000) $371 Shares 7,800 Est. Cost $29.44 Unrealized —

— COLONY STARWOOD HOMES 0.1%

Value ($000) $1,033 Shares 36,000 Est. Cost $24.76 Unrealized —

HD HOME DEPOT INC 1.1%

Value ($000) $7,978 Shares 62,000 Est. Cost $62.49 Unrealized +70.2%

AVB AVALONBAY COMMUNITIES INC 0.6%

Value ($000) $4,183 Shares 23,520 Est. Cost $85.93 Unrealized +52.1%

INTU INTUIT INC 0.5%

Value ($000) $4,070 Shares 37,000 Est. Cost $97.25 Unrealized +7.2%

RMR RMR GROUP INC/THE - A 0.0%

Value ($000) $292 Shares 7,684 Est. Cost $7.12 Unrealized +166.8%

— FLIR SYSTEMS INC 0.5%

Value ($000) $3,375 Shares 107,400 Est. Cost $30.95 Unrealized —

GLPI GAMING AND LEISURE PROPERTIE 0.2%

Value ($000) $1,606 Shares 48,000 Est. Cost $29.35 Unrealized —

ESS ESSEX PROPERTY TRUST INC 0.3%

Value ($000) $1,960 Shares 8,800 Est. Cost $127.99 Unrealized +30.0%

— AMERICAN CAMPUS COMMUNITIES 0.1%

Value ($000) $1,094 Shares 21,500 Est. Cost $37.00 Unrealized —

MMM 3M CO 0.9%

Value ($000) $6,626 Shares 37,600 Est. Cost $71.80 Unrealized +52.1%

KRC KILROY REALTY CORP 0.1%

Value ($000) $902 Shares 13,000 Est. Cost $61.85 Unrealized —

AMH AMERICAN HOMES 4 RENT- A 0.1%

Value ($000) $736 Shares 34,000 Est. Cost $15.90 Unrealized —

— INFRAREIT INC 0.2%

Value ($000) $1,164 Shares 64,180 Est. Cost $17.54 Unrealized —

GWW WW GRAINGER INC 0.5%

Value ($000) $3,463 Shares 15,400 Est. Cost $188.43 Unrealized +3.3%

RLJ RLJ LODGING TRUST 0.2%

Value ($000) $1,666 Shares 79,200 Est. Cost $23.24 Unrealized —

UDR UDR INC 0.2%

Value ($000) $1,273 Shares 35,367 Est. Cost $15.84 Unrealized +64.8%

VNO VORNADO REALTY TRUST 0.4%

Value ($000) $2,810 Shares 27,765 Est. Cost $82.84 Unrealized —

GPC GENUINE PARTS CO 0.5%

Value ($000) $3,616 Shares 36,000 Est. Cost $65.22 Unrealized +18.4%

PPG PPG INDUSTRIES INC 0.5%

Value ($000) $3,721 Shares 36,000 Est. Cost $84.32 Unrealized +4.7%

— SL GREEN REALTY CORP 0.2%

Value ($000) $1,829 Shares 16,923 Est. Cost $92.30 Unrealized —

— CA INC 0.5%

Value ($000) $3,374 Shares 102,000 Est. Cost $27.30 Unrealized —

KRG KITE REALTY GROUP TRUST 0.3%

Value ($000) $2,190 Shares 79,000 Est. Cost $25.92 Unrealized —

HIW HIGHWOODS PROPERTIES INC 0.2%

Value ($000) $1,605 Shares 30,802 Est. Cost $35.61 Unrealized —

RHI ROBERT HALF INTL INC 0.3%

Value ($000) $2,453 Shares 64,800 Est. Cost $52.93 Unrealized -28.0%

— CHESAPEAKE LODGING TRUST 0.2%

Value ($000) $1,179 Shares 51,500 Est. Cost $22.49 Unrealized —

AFL AFLAC INC 0.6%

Value ($000) $4,183 Shares 58,200 Est. Cost $22.89 Unrealized +27.7%

— SILVER BAY REALTY TRUST CORP 0.1%

Value ($000) $526 Shares 30,000 Est. Cost $14.85 Unrealized —

— PHYSICIANS REALTY TRUST 0.1%

Value ($000) $495 Shares 23,000 Est. Cost $13.94 Unrealized —

— COUSINS PROPERTIES INC 0.3%

Value ($000) $2,464 Shares 236,000 Est. Cost $10.38 Unrealized —

— HEALTHCARE REALTY TRUST INC 0.0%

Value ($000) $364 Shares 10,682 Est. Cost $25.50 Unrealized —

JBHT HUNT (JB) TRANSPRT SVCS INC 0.4%

Value ($000) $3,246 Shares 40,000 Est. Cost $68.38 Unrealized +9.5%

— BED BATH and BEYOND INC 0.4%

Value ($000) $2,931 Shares 68,000 Est. Cost $48.63 Unrealized —

— DCT INDUSTRIAL TRUST INC 0.1%

Value ($000) $584 Shares 12,025 Est. Cost $33.65 Unrealized —

— RETAIL OPPORTUNITY INVESTMEN 0.1%

Value ($000) $384 Shares 17,500 Est. Cost $13.90 Unrealized —

— TAUBMAN CENTERS INC 0.2%

Value ($000) $1,191 Shares 16,000 Est. Cost $71.25 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BMY	BRISTOL-MYERS SQUIBB CO	95,000	$5,122	0.7%	$44.80	+3.0%	COMMON STOCK	110122108
MSFT	MICROSOFT CORP	288,200	$16,600	2.2%	$33.54	+50.0%	COMMON STOCK	594918104
QCOM	QUALCOMM INC	108,000	$7,398	1.0%	$40.28	+16.5%	COMMON STOCK	747525103
BIIB	BIOGEN INC	17,500	$5,478	0.7%	$230.33	+28.6%	COMMON STOCK	09062X103
GOOGL	ALPHABET INC-CL A	12,210	$9,818	1.3%	$32.37	+19.9%	COMMON STOCK	02079K305
INTC	INTEL CORP	236,300	$8,920	1.2%	$19.31	+48.2%	COMMON STOCK	458140100
AMAT	APPLIED MATERIALS INC	175,000	$5,276	0.7%	$19.78	+27.0%	COMMON STOCK	038222105
DG	DOLLAR GENERAL CORP	44,000	$3,080	0.4%	$66.81	+12.3%	COMMON STOCK	256677105
GOOG	ALPHABET INC-CL C	11,300	$8,783	1.2%	$30.63	+23.0%	COMMON STOCK	02079K107
—	LINEAR TECHNOLOGY CORP	71,000	$4,210	0.6%	$40.36	—	COMMON STOCK	535678106
MA	MASTERCARD INC-CLASS A	64,000	$6,513	0.9%	$89.14	+1.9%	COMMON STOCK	57636Q104
V	VISA INC-CLASS A SHARES	100,500	$8,311	1.1%	$70.84	+5.9%	COMMON STOCK	92826C839
DKS	DICK'S SPORTING GOODS INC	72,800	$4,129	0.6%	$31.61	+33.4%	COMMON STOCK	253393102
TSCO	TRACTOR SUPPLY COMPANY	34,000	$2,290	0.3%	$15.20	-5.4%	COMMON STOCK	892356106
SPGI	SandP GLOBAL INC	40,500	$5,126	0.7%	$96.34	+14.4%	COMMON STOCK	78409V104
VZ	VERIZON COMMUNICATIONS INC	185,000	$9,616	1.3%	$30.04	+9.5%	COMMON STOCK	92343V104
MRK	MERCK and CO. INC.	145,500	$9,081	1.2%	$39.48	+10.8%	COMMON STOCK	58933Y105
T	ATandT INC	265,000	$10,762	1.4%	$12.32	+32.2%	COMMON STOCK	00206R102
PSA	PUBLIC STORAGE	21,074	$4,702	0.6%	$97.16	+64.4%	COMMON STOCK	74460D109
—	VARIAN MEDICAL SYSTEMS INC	38,000	$3,782	0.5%	$73.79	—	COMMON STOCK	92220P105
SPG	SIMON PROPERTY GROUP INC	65,508	$13,561	1.8%	$89.25	+48.9%	COMMON STOCK	828806109
TXN	TEXAS INSTRUMENTS INC	85,000	$5,965	0.8%	$40.51	+30.0%	COMMON STOCK	882508104
ITW	ILLINOIS TOOL WORKS	39,500	$4,734	0.6%	$68.35	+35.9%	COMMON STOCK	452308109
MO	ALTRIA GROUP INC	105,000	$6,639	0.9%	$19.82	+75.4%	COMMON STOCK	02209S103
SWKS	SKYWORKS SOLUTIONS INC	46,500	$3,541	0.5%	$63.97	-10.5%	COMMON STOCK	83088M102
CTSH	COGNIZANT TECH SOLUTIONS-A	60,400	$2,882	0.4%	$42.96	+17.4%	COMMON STOCK	192446102
LEA	LEAR CORP	29,000	$3,515	0.5%	$88.18	+8.1%	COMMON STOCK	521865204
—	FOOT LOCKER INC	43,100	$2,919	0.4%	$65.06	—	COMMON STOCK	344849104
MTD	METTLER-TOLEDO INTERNATIONAL	9,400	$3,946	0.5%	$316.01	+25.6%	COMMON STOCK	592688105
CTAS	CINTAS CORP	34,900	$3,930	0.5%	$20.40	+21.3%	COMMON STOCK	172908105
APH	AMPHENOL CORP-CL A	63,000	$4,090	0.5%	$12.16	+14.3%	COMMON STOCK	032095101
LOW	LOWE'S COS INC	68,000	$4,910	0.7%	$56.94	+14.9%	COMMON STOCK	548661107
ROST	ROSS STORES INC	61,900	$3,980	0.5%	$38.23	+46.6%	COMMON STOCK	778296103
WAT	WATERS CORP	25,200	$3,994	0.5%	$127.49	+21.4%	COMMON STOCK	941848103
DIS	WALT DISNEY CO/THE	79,300	$7,364	1.0%	$69.31	+28.2%	COMMON STOCK	254687106
—	TOTAL SYSTEM SERVICES INC	66,000	$3,112	0.4%	$53.11	—	COMMON STOCK	891906109
PFE	PFIZER INC	291,300	$9,866	1.3%	$21.05	+5.7%	COMMON STOCK	717081103
PLD	PROLOGIS INC	84,000	$4,497	0.6%	$29.27	+38.0%	COMMON STOCK	74340W103
—	COACH INC	90,000	$3,290	0.4%	$40.74	—	COMMON STOCK	189754104
DLR	DIGITAL REALTY TRUST INC	31,600	$3,069	0.4%	$37.62	+94.9%	COMMON STOCK	253868103
—	AMERICAN ELECTRIC POWER	63,000	$4,045	0.5%	$66.40	—	COMMON STOCK	25537101
—	HCP INC	143,593	$5,449	0.7%	$40.87	—	COMMON STOCK	40414L109
ISRG	INTUITIVE SURGICAL INC	5,800	$4,204	0.6%	$56.16	+36.3%	COMMON STOCK	46120E602
PM	PHILIP MORRIS INTERNATIONAL	78,500	$7,632	1.0%	$49.71	+25.3%	COMMON STOCK	718172109
CLX	CLOROX COMPANY	26,000	$3,255	0.4%	$96.11	+4.3%	COMMON STOCK	189054109
FFIV	F5 NETWORKS INC	30,800	$3,839	0.5%	$106.19	+14.3%	COMMON STOCK	315616102
DUK	DUKE ENERGY CORP	57,500	$4,602	0.6%	$46.61	+21.0%	COMMON STOCK	26441C204
GILD	GILEAD SCIENCES INC	76,100	$6,021	0.8%	$65.39	-11.6%	COMMON STOCK	375558103
ORCL	ORACLE CORP	182,800	$7,180	1.0%	$28.34	+25.0%	COMMON STOCK	68389X105
TROW	T ROWE PRICE GROUP INC	46,500	$3,092	0.4%	$50.99	-3.1%	COMMON STOCK	74144T108
VFC	VF CORP	53,900	$3,021	0.4%	$53.88	+7.2%	COMMON STOCK	918204108
HSIC	HENRY SCHEIN INC	20,500	$3,341	0.4%	$59.46	+11.6%	COMMON STOCK	806407102
—	NORTHSTAR REALTY FINANCE	162,000	$2,134	0.3%	$13.24	—	COMMON STOCK	66704R803
UTHR	UNITED THERAPEUTICS CORP	23,000	$2,716	0.4%	$155.10	-22.5%	COMMON STOCK	91307C102
MCD	MCDONALD'S CORP	56,000	$6,460	0.9%	$99.15	-4.6%	COMMON STOCK	580135101
SBUX	STARBUCKS CORP	90,600	$4,905	0.7%	$33.68	+36.1%	COMMON STOCK	855244109
—	CBL and ASSOCIATES PROPERTIES	91,000	$1,105	0.1%	$9.31	—	COMMON STOCK	124830100
ROK	ROCKWELL AUTOMATION INC	32,300	$3,952	0.5%	$85.80	+14.3%	COMMON STOCK	773903109
MKC	MCCORMICK and CO-NON VTG SHRS	34,200	$3,417	0.5%	$28.59	+48.2%	COMMON STOCK	579780206
AJG	ARTHUR J GALLAGHER and CO	70,000	$3,561	0.5%	$33.74	+25.7%	COMMON STOCK	363576109
SHW	SHERWIN-WILLIAMS CO/THE	13,000	$3,597	0.5%	$79.61	+11.8%	COMMON STOCK	824348106
NKE	NIKE INC -CL B	85,200	$4,486	0.6%	$53.13	-5.9%	COMMON STOCK	654106103
MAA	MID-AMERICA APARTMENT COMM	17,300	$1,626	0.2%	$43.58	+65.5%	COMMON STOCK	59522J103
—	CARE CAPITAL PROPERTIES INC	89,670	$2,556	0.3%	$27.93	—	COMMON STOCK	141624106
—	CITRIX SYSTEMS INC	38,000	$3,238	0.4%	$78.58	—	COMMON STOCK	177376100
—	GENERAL GROWTH PROPERTIES	85,500	$2,360	0.3%	$22.17	—	COMMON STOCK	370023103
—	CR BARD INC	17,200	$3,858	0.5%	$190.36	—	COMMON STOCK	067383109
SO	SOUTHERN CO/THE	79,900	$4,099	0.5%	$26.97	+32.0%	COMMON STOCK	842587107
BDN	BRANDYWINE REALTY TRUST	153,400	$2,396	0.3%	$13.60	—	COMMON STOCK	105368203
PCG	P G and E CORP	65,000	$3,976	0.5%	$52.19	+15.7%	COMMON STOCK	69331C108
—	CERNER CORP	56,800	$3,507	0.5%	$58.38	—	COMMON STOCK	156782104
CHRW	C.H. ROBINSON WORLDWIDE INC	46,000	$3,241	0.4%	$53.05	+5.9%	COMMON STOCK	12541W209
ADP	AUTOMATIC DATA PROCESSING	47,000	$4,145	0.6%	$63.87	+16.0%	COMMON STOCK	053015103
EFX	EQUIFAX INC	28,000	$3,768	0.5%	$95.83	+26.8%	COMMON STOCK	294429105
ARE	ALEXANDRIA REAL ESTATE EQUIT	32,200	$3,502	0.5%	$45.03	+73.2%	COMMON STOCK	015271109
TRV	TRAVELERS COS INC/THE	37,000	$4,238	0.6%	$91.51	+4.1%	COMMON STOCK	89417E109
EXPD	EXPEDITORS INTL WASH INC	65,200	$3,359	0.5%	$42.31	+6.4%	COMMON STOCK	302130109
OMC	OMNICOM GROUP	44,000	$3,740	0.5%	$52.01	+16.4%	COMMON STOCK	681919106
—	SCANA CORP	45,000	$3,257	0.4%	$70.16	—	COMMON STOCK	80589M102
BRX	BRIXMOR PROPERTY GROUP INC	111,000	$3,085	0.4%	$25.62	—	COMMON STOCK	11120U105
TJX	TJX COMPANIES INC	59,100	$4,419	0.6%	$29.40	+16.6%	COMMON STOCK	872540109
COST	COSTCO WHOLESALE CORP	31,200	$4,758	0.6%	$99.53	+37.6%	COMMON STOCK	22160K105
CPT	CAMDEN PROPERTY TRUST	30,369	$2,543	0.3%	$46.09	+31.8%	COMMON STOCK	133131102
KIM	KIMCO REALTY CORP	57,731	$1,671	0.2%	$12.61	+51.2%	COMMON STOCK	49446R109
—	AVERY DENNISON CORP	45,000	$3,501	0.5%	$72.11	—	COMMON STOCK	53611109
ESRT	EMPIRE STATE REALTY TRUST-A	66,000	$1,383	0.2%	$17.53	—	COMMON STOCK	292104106
—	WR BERKLEY CORP	58,000	$3,350	0.4%	$59.91	—	COMMON STOCK	84423102
ORLY	O'REILLY AUTOMOTIVE INC	13,300	$3,725	0.5%	$17.32	+8.2%	COMMON STOCK	67103H107
AZO	AUTOZONE INC	4,500	$3,458	0.5%	$763.07	+2.0%	COMMON STOCK	053332102
—	TORCHMARK CORP	53,800	$3,437	0.5%	$56.38	—	COMMON STOCK	891027104
PAYX	PAYCHEX INC	67,000	$3,877	0.5%	$34.10	+33.0%	COMMON STOCK	704326107
SNA	SNAP-ON INC	18,000	$2,735	0.4%	$130.90	-6.1%	COMMON STOCK	833034101
—	NEW SENIOR INVESTMENT GROUP	123,000	$1,419	0.2%	$10.30	—	COMMON STOCK	648691103
—	DARDEN RESTAURANTS INC	50,000	$3,066	0.4%	$63.34	—	COMMON STOCK	23719105
—	INTERPUBLIC GROUP OF COS INC	131,000	$2,928	0.4%	$15.38	+4.3%	COMMON STOCK	460690100
EL	ESTEE LAUDER COMPANIES-CL A	38,700	$3,427	0.5%	$60.36	+34.0%	COMMON STOCK	518439104
—	VEREIT INC	380,000	$3,941	0.5%	$8.82	—	COMMON STOCK	92339V100
—	DUPONT FABROS TECHNOLOGY	14,000	$578	0.1%	$32.68	—	COMMON STOCK	26613Q106
—	HOSPITALITY PROPERTIES TRUST	91,434	$2,717	0.4%	$27.41	—	COMMON STOCK	44106M102
—	WEINGARTEN REALTY INVESTORS	45,336	$1,767	0.2%	$30.78	—	COMMON STOCK	948741103
UPS	UNITED PARCEL SERVICE-CL B	50,900	$5,566	0.7%	$62.45	+23.7%	COMMON STOCK	911312106
MRSH	MARSH and MCLENNAN COS	67,700	$4,553	0.6%	$47.89	+19.7%	COMMON STOCK	571748102
RMD	RESMED INC	52,000	$3,369	0.5%	$49.97	+19.9%	COMMON STOCK	761152107
BXP	BOSTON PROPERTIES INC	16,417	$2,237	0.3%	$64.00	+46.6%	COMMON STOCK	101121101
WELL	WELLTOWER INC	49,953	$3,735	0.5%	$44.65	+21.0%	COMMON STOCK	95040Q104
—	CIGNA CORP	28,300	$3,688	0.5%	$135.14	—	COMMON STOCK	125509109
UNH	UNITEDHEALTH GROUP INC	53,800	$7,532	1.0%	$65.43	+84.2%	COMMON STOCK	91324P102
CL	COLGATE-PALMOLIVE CO	67,300	$4,990	0.7%	$48.89	+21.5%	COMMON STOCK	194162103
—	CYRUSONE INC	7,800	$371	0.0%	$29.44	—	COMMON STOCK	23283R100
—	COLONY STARWOOD HOMES	36,000	$1,033	0.1%	$24.76	—	COMMON STOCK	19625X102
HD	HOME DEPOT INC	62,000	$7,978	1.1%	$62.49	+70.2%	COMMON STOCK	437076102
AVB	AVALONBAY COMMUNITIES INC	23,520	$4,183	0.6%	$85.93	+52.1%	COMMON STOCK	053484101
INTU	INTUIT INC	37,000	$4,070	0.5%	$97.25	+7.2%	COMMON STOCK	461202103
RMR	RMR GROUP INC/THE - A	7,684	$292	0.0%	$7.12	+166.8%	COMMON STOCK	74967R106
—	FLIR SYSTEMS INC	107,400	$3,375	0.5%	$30.95	—	COMMON STOCK	302445101
GLPI	GAMING AND LEISURE PROPERTIE	48,000	$1,606	0.2%	$29.35	—	COMMON STOCK	36467J108
ESS	ESSEX PROPERTY TRUST INC	8,800	$1,960	0.3%	$127.99	+30.0%	COMMON STOCK	297178105
—	AMERICAN CAMPUS COMMUNITIES	21,500	$1,094	0.1%	$37.00	—	COMMON STOCK	024835100
MMM	3M CO	37,600	$6,626	0.9%	$71.80	+52.1%	COMMON STOCK	88579Y101
KRC	KILROY REALTY CORP	13,000	$902	0.1%	$61.85	—	COMMON STOCK	49427F108
AMH	AMERICAN HOMES 4 RENT- A	34,000	$736	0.1%	$15.90	—	COMMON STOCK	02665T306
—	INFRAREIT INC	64,180	$1,164	0.2%	$17.54	—	COMMON STOCK	45685L100
GWW	WW GRAINGER INC	15,400	$3,463	0.5%	$188.43	+3.3%	COMMON STOCK	384802104
RLJ	RLJ LODGING TRUST	79,200	$1,666	0.2%	$23.24	—	COMMON STOCK	74965L101
UDR	UDR INC	35,367	$1,273	0.2%	$15.84	+64.8%	COMMON STOCK	902653104
VNO	VORNADO REALTY TRUST	27,765	$2,810	0.4%	$82.84	—	COMMON STOCK	929042109
GPC	GENUINE PARTS CO	36,000	$3,616	0.5%	$65.22	+18.4%	COMMON STOCK	372460105
PPG	PPG INDUSTRIES INC	36,000	$3,721	0.5%	$84.32	+4.7%	COMMON STOCK	693506107
—	SL GREEN REALTY CORP	16,923	$1,829	0.2%	$92.30	—	COMMON STOCK	78440X101
—	CA INC	102,000	$3,374	0.5%	$27.30	—	COMMON STOCK	12673P105
KRG	KITE REALTY GROUP TRUST	79,000	$2,190	0.3%	$25.92	—	COMMON STOCK	49803T300
HIW	HIGHWOODS PROPERTIES INC	30,802	$1,605	0.2%	$35.61	—	COMMON STOCK	431284108
RHI	ROBERT HALF INTL INC	64,800	$2,453	0.3%	$52.93	-28.0%	COMMON STOCK	770323103
—	CHESAPEAKE LODGING TRUST	51,500	$1,179	0.2%	$22.49	—	COMMON STOCK	165240102
AFL	AFLAC INC	58,200	$4,183	0.6%	$22.89	+27.7%	COMMON STOCK	001055102
—	SILVER BAY REALTY TRUST CORP	30,000	$526	0.1%	$14.85	—	COMMON STOCK	82735Q102
—	PHYSICIANS REALTY TRUST	23,000	$495	0.1%	$13.94	—	COMMON STOCK	71943U104
—	COUSINS PROPERTIES INC	236,000	$2,464	0.3%	$10.38	—	COMMON STOCK	222795106
—	HEALTHCARE REALTY TRUST INC	10,682	$364	0.0%	$25.50	—	COMMON STOCK	421946104
JBHT	HUNT (JB) TRANSPRT SVCS INC	40,000	$3,246	0.4%	$68.38	+9.5%	COMMON STOCK	445658107
—	BED BATH and BEYOND INC	68,000	$2,931	0.4%	$48.63	—	COMMON STOCK	075896100
—	DCT INDUSTRIAL TRUST INC	12,025	$584	0.1%	$33.65	—	COMMON STOCK	233153204
—	RETAIL OPPORTUNITY INVESTMEN	17,500	$384	0.1%	$13.90	—	COMMON STOCK	76131N101
—	TAUBMAN CENTERS INC	16,000	$1,191	0.2%	$71.25	—	COMMON STOCK	876664103