Pensionfund PDN Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL CORP	98,200	$8,124	1.4%	$56.14	0.0%	COMMON STOCK	30231G102
DIS	WALT DISNEY CO/THE	48,200	$5,052	0.9%	$97.17	0.0%	COMMON STOCK	254687106
PEP	PEPSICO INC	45,500	$4,954	0.9%	$81.72	0.0%	COMMON STOCK	713448108
ADP	AUTOMATIC DATA PROCESSING	26,800	$3,595	0.6%	$107.77	0.0%	COMMON STOCK	053015103
—	AETNA INC	18,400	$3,376	0.6%	$183.48	—	COMMON STOCK	00817Y108
D	DOMINION ENERGY INC	45,400	$3,095	0.5%	$46.36	0.0%	COMMON STOCK	25746U109
HUM	HUMANA INC	10,100	$3,006	0.5%	$274.31	0.0%	COMMON STOCK	444859102
TSCO	TRACTOR SUPPLY COMPANY	38,800	$2,968	0.5%	$12.36	0.0%	COMMON STOCK	892356106
WM	WASTE MANAGEMENT INC	35,700	$2,904	0.5%	$72.68	0.0%	COMMON STOCK	94106L109
PHM	PULTEGROUP INC	99,500	$2,861	0.5%	$27.64	0.0%	COMMON STOCK	745867101
MSI	MOTOROLA SOLUTIONS INC	23,200	$2,700	0.5%	$99.23	0.0%	COMMON STOCK	620076307
SNA	SNAP-ON INC	16,500	$2,652	0.5%	$124.36	0.0%	COMMON STOCK	833034101
OGE	OGE ENERGY CORP	73,700	$2,595	0.5%	$33.60	0.0%	COMMON STOCK	670837103
—	SPIRIT AEROSYSTEMS HOLD-CL A	30,200	$2,594	0.5%	$85.89	—	COMMON STOCK	848574109
RF	REGIONS FINANCIAL CORP	139,600	$2,482	0.4%	$13.80	0.0%	COMMON STOCK	7591EP100
LII	LENNOX INTERNATIONAL INC	12,000	$2,402	0.4%	$184.49	0.0%	COMMON STOCK	526107107
NVR	NVR INC	800	$2,376	0.4%	$3060.28	0.0%	COMMON STOCK	62944T105
AGNC	AGNC INVESTMENT CORP	127,500	$2,370	0.4%	$18.59	—	COMMON STOCK	00123Q104
—	EATON VANCE CORP	43,500	$2,270	0.4%	$52.18	—	COMMON STOCK	278265103
DAL	DELTA AIR LINES INC	44,600	$2,209	0.4%	$49.40	0.0%	COMMON STOCK	247361702
CCK	CROWN HOLDINGS INC	48,200	$2,157	0.4%	$44.51	0.0%	COMMON STOCK	228368106
HRB	HandR BLOCK INC	87,000	$1,982	0.3%	$19.67	0.0%	COMMON STOCK	093671105
—	DDR RG	89,500	$1,602	0.3%	$17.90	—	COMMON STOCK	23317H854
WH	WYNDHAM HOTELS and RESORTS INC	24,400	$1,435	0.3%	$60.97	0.0%	COMMON STOCK	98311A105
ILPT	INDUSTRIAL LOGISTICS PROPERT	48,000	$1,073	0.2%	$22.35	—	COMMON STOCK	456237106
—	PREFERRED APARTMENT COMMUN-A	50,000	$850	0.1%	$17.00	—	COMMON STOCK	74039L103
—	STORE CAPITAL CORP	16,000	$438	0.1%	$27.38	—	COMMON STOCK	862121100
—	HERSHA HOSPITALITY TRUST	20,000	$429	0.1%	$21.45	—	COMMON STOCK	427825500
FSP	FRANKLIN STREET PROPERTIES C	45,000	$385	0.1%	$8.56	—	COMMON STOCK	35471R106
—	SPIRIT MTA REIT	22,300	$230	0.0%	$10.31	—	COMMON STOCK	84861U105

Increased Positions (15)

GLPI GAMING AND LEISURE PROPERTIE 0.5%

Value ($000) $2,578 (+60.4%) Shares 72,000 (+50.0%) Est. Cost $31.50 Unrealized —

AMH AMERICAN HOMES 4 RENT- A 0.2%

Value ($000) $1,353 (+236.6%) Shares 61,000 (+205.0%) Est. Cost $21.50 Unrealized —

— APARTMENT INVT and MGMT CO -A 0.5%

Value ($000) $2,601 (+53.8%) Shares 61,500 (+48.2%) Est. Cost $42.74 Unrealized —

UDR UDR INC 0.4%

Value ($000) $2,154 (+71.0%) Shares 57,367 (+62.2%) Est. Cost $20.29 Unrealized +35.3%

EPR EPR PROPERTIES 0.6%

Value ($000) $3,162 (+36.5%) Shares 48,800 (+16.7%) Est. Cost $55.90 Unrealized —

CPT CAMDEN PROPERTY TRUST 0.6%

Value ($000) $3,223 (+26.1%) Shares 35,369 (+16.5%) Est. Cost $49.07 Unrealized +36.9%

— AMERICAN CAMPUS COMMUNITIES 0.5%

Value ($000) $2,573 (+33.2%) Shares 60,000 (+20.0%) Est. Cost $39.53 Unrealized —

— FOREST CITY REALTY TRUST- A 0.4%

Value ($000) $2,418 (+35.6%) Shares 106,000 (+20.5%) Est. Cost $21.47 Unrealized —

AVB AVALONBAY COMMUNITIES INC 0.8%

Value ($000) $4,490 (+16.1%) Shares 26,120 (+11.1%) Est. Cost $90.01 Unrealized +41.0%

EQR EQUITY RESIDENTIAL 0.7%

Value ($000) $3,971 (+16.4%) Shares 62,356 (+12.6%) Est. Cost $35.08 Unrealized +33.7%

— CYRUSONE INC 0.2%

Value ($000) $1,331 (+64.5%) Shares 22,800 (+44.3%) Est. Cost $45.96 Unrealized —

MPT MEDICAL PROPERTIES TRUST INC 0.4%

Value ($000) $2,078 (+33.2%) Shares 148,000 (+23.3%) Est. Cost $13.20 Unrealized —

— MONMOUTH REAL ESTATE INV COR 0.3%

Value ($000) $1,504 (+49.2%) Shares 91,000 (+35.8%) Est. Cost $15.44 Unrealized —

— QTS REALTY TRUST INC-CL A 0.3%

Value ($000) $1,462 (+49.5%) Shares 37,000 (+37.0%) Est. Cost $44.52 Unrealized —

— PHYSICIANS REALTY TRUST 0.3%

Value ($000) $1,881 (+29.9%) Shares 118,000 (+26.9%) Est. Cost $15.33 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLPI	GAMING AND LEISURE PROPERTIE	72,000 (+50.0%)	$2,578 (+60.4%)	0.5%	$31.50	—	COMMON STOCK	36467J108
AMH	AMERICAN HOMES 4 RENT- A	61,000 (+205.0%)	$1,353 (+236.6%)	0.2%	$21.50	—	COMMON STOCK	02665T306
—	APARTMENT INVT and MGMT CO -A	61,500 (+48.2%)	$2,601 (+53.8%)	0.5%	$42.74	—	COMMON STOCK	03748R101
UDR	UDR INC	57,367 (+62.2%)	$2,154 (+71.0%)	0.4%	$20.29	+35.3%	COMMON STOCK	902653104
EPR	EPR PROPERTIES	48,800 (+16.7%)	$3,162 (+36.5%)	0.6%	$55.90	—	COMMON STOCK	26884U109
CPT	CAMDEN PROPERTY TRUST	35,369 (+16.5%)	$3,223 (+26.1%)	0.6%	$49.07	+36.9%	COMMON STOCK	133131102
—	AMERICAN CAMPUS COMMUNITIES	60,000 (+20.0%)	$2,573 (+33.2%)	0.5%	$39.53	—	COMMON STOCK	024835100
—	FOREST CITY REALTY TRUST- A	106,000 (+20.5%)	$2,418 (+35.6%)	0.4%	$21.47	—	COMMON STOCK	345605109
AVB	AVALONBAY COMMUNITIES INC	26,120 (+11.1%)	$4,490 (+16.1%)	0.8%	$90.01	+41.0%	COMMON STOCK	053484101
EQR	EQUITY RESIDENTIAL	62,356 (+12.6%)	$3,971 (+16.4%)	0.7%	$35.08	+33.7%	COMMON STOCK	29476L107
—	CYRUSONE INC	22,800 (+44.3%)	$1,331 (+64.5%)	0.2%	$45.96	—	COMMON STOCK	23283R100
MPT	MEDICAL PROPERTIES TRUST INC	148,000 (+23.3%)	$2,078 (+33.2%)	0.4%	$13.20	—	COMMON STOCK	58463J304
—	MONMOUTH REAL ESTATE INV COR	91,000 (+35.8%)	$1,504 (+49.2%)	0.3%	$15.44	—	COMMON STOCK	609720107
—	QTS REALTY TRUST INC-CL A	37,000 (+37.0%)	$1,462 (+49.5%)	0.3%	$44.52	—	COMMON STOCK	74736A103
—	PHYSICIANS REALTY TRUST	118,000 (+26.9%)	$1,881 (+29.9%)	0.3%	$15.33	—	COMMON STOCK	71943U104

Exited Positions (23)

MCD MCDONALD'S CORP 0.8%

Value ($000) $4,770 Shares 30,500 Est. Cost $117.92 Unrealized +14.9%

— DR PEPPER SNAPPLE GROUP INC 0.7%

Value ($000) $3,883 Shares 32,800 Est. Cost $92.95 Unrealized —

LLY ELI LILLY and CO 0.7%

Value ($000) $3,838 Shares 49,600 Est. Cost $75.28 Unrealized -2.1%

— CELGENE CORP 0.6%

Value ($000) $3,622 Shares 40,600 Est. Cost $124.43 Unrealized —

TGT TARGET CORP 0.6%

Value ($000) $3,201 Shares 46,100 Est. Cost $48.06 Unrealized +24.1%

DTE DTE ENERGY COMPANY 0.6%

Value ($000) $3,132 Shares 30,000 Est. Cost $67.23 Unrealized -0.3%

BAX BAXTER INTERNATIONAL INC 0.5%

Value ($000) $3,109 Shares 47,800 Est. Cost $42.39 Unrealized +45.1%

NTAP NETAPP INC 0.5%

Value ($000) $3,054 Shares 49,500 Est. Cost $31.89 Unrealized +79.3%

— DISCOVER FINANCIAL SERVICES 0.5%

Value ($000) $3,021 Shares 42,000 Est. Cost $71.93 Unrealized —

SWK STANLEY BLACK and DECKER INC 0.5%

Value ($000) $3,003 Shares 19,600 Est. Cost $99.03 Unrealized +17.1%

MKC MCCORMICK and CO-NON VTG SHRS 0.5%

Value ($000) $2,968 Shares 27,900 Est. Cost $28.98 Unrealized +56.7%

PNW PINNACLE WEST CAPITAL 0.5%

Value ($000) $2,953 Shares 37,000 Est. Cost $56.89 Unrealized +0.6%

LEA LEAR CORP 0.5%

Value ($000) $2,860 Shares 15,370 Est. Cost $149.16 Unrealized +12.3%

CMI CUMMINS INC 0.5%

Value ($000) $2,837 Shares 17,500 Est. Cost $94.73 Unrealized +29.4%

DLTR DOLLAR TREE INC 0.5%

Value ($000) $2,752 Shares 29,000 Est. Cost $104.83 Unrealized -12.0%

LEG LEGGETT and PLATT INC 0.5%

Value ($000) $2,750 Shares 62,000 Est. Cost $51.17 Unrealized -16.1%

GPC GENUINE PARTS CO 0.5%

Value ($000) $2,578 Shares 28,700 Est. Cost $65.22 Unrealized +12.1%

MHK MOHAWK INDUSTRIES INC 0.5%

Value ($000) $2,554 Shares 11,000 Est. Cost $268.29 Unrealized -18.4%

— WABCO HOLDINGS INC 0.4%

Value ($000) $2,497 Shares 18,650 Est. Cost $143.53 Unrealized —

HSIC HENRY SCHEIN INC 0.4%

Value ($000) $2,487 Shares 37,000 Est. Cost $63.85 Unrealized -11.7%

UTHR UNITED THERAPEUTICS CORP 0.4%

Value ($000) $2,472 Shares 22,000 Est. Cost $127.04 Unrealized -13.5%

— VMWARE INC-CLASS A 0.4%

Value ($000) $2,425 Shares 20,000 Est. Cost $73.34 Unrealized —

— DDR CORP 0.2%

Value ($000) $1,312 Shares 179,000 Est. Cost $15.28 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCD	MCDONALD'S CORP	30,500	$4,770	0.8%	$117.92	+14.9%	—	580135101
—	DR PEPPER SNAPPLE GROUP INC	32,800	$3,883	0.7%	$92.95	—	—	26138E109
LLY	ELI LILLY and CO	49,600	$3,838	0.7%	$75.28	-2.1%	—	532457108
—	CELGENE CORP	40,600	$3,622	0.6%	$124.43	—	—	151020104
TGT	TARGET CORP	46,100	$3,201	0.6%	$48.06	+24.1%	—	87612E106
DTE	DTE ENERGY COMPANY	30,000	$3,132	0.6%	$67.23	-0.3%	—	233331107
BAX	BAXTER INTERNATIONAL INC	47,800	$3,109	0.5%	$42.39	+45.1%	—	071813109
NTAP	NETAPP INC	49,500	$3,054	0.5%	$31.89	+79.3%	—	64110D104
—	DISCOVER FINANCIAL SERVICES	42,000	$3,021	0.5%	$71.93	—	—	254709108
SWK	STANLEY BLACK and DECKER INC	19,600	$3,003	0.5%	$99.03	+17.1%	—	854502101
MKC	MCCORMICK and CO-NON VTG SHRS	27,900	$2,968	0.5%	$28.98	+56.7%	—	579780206
PNW	PINNACLE WEST CAPITAL	37,000	$2,953	0.5%	$56.89	+0.6%	—	723484101
LEA	LEAR CORP	15,370	$2,860	0.5%	$149.16	+12.3%	—	521865204
CMI	CUMMINS INC	17,500	$2,837	0.5%	$94.73	+29.4%	—	231021106
DLTR	DOLLAR TREE INC	29,000	$2,752	0.5%	$104.83	-12.0%	—	256746108
LEG	LEGGETT and PLATT INC	62,000	$2,750	0.5%	$51.17	-16.1%	—	524660107
GPC	GENUINE PARTS CO	28,700	$2,578	0.5%	$65.22	+12.1%	—	372460105
MHK	MOHAWK INDUSTRIES INC	11,000	$2,554	0.5%	$268.29	-18.4%	—	608190104
—	WABCO HOLDINGS INC	18,650	$2,497	0.4%	$143.53	—	—	92927K102
HSIC	HENRY SCHEIN INC	37,000	$2,487	0.4%	$63.85	-11.7%	—	806407102
UTHR	UNITED THERAPEUTICS CORP	22,000	$2,472	0.4%	$127.04	-13.5%	—	91307C102
—	VMWARE INC-CLASS A	20,000	$2,425	0.4%	$73.34	—	—	928563402
—	DDR CORP	179,000	$1,312	0.2%	$15.28	—	—	23317H102

Decreased Positions (30)

— INGERSOLL-RAND PLC 0.5%

Value ($000) $3,087 (-49.5%) Shares 34,400 (-46.6%) Est. Cost $90.85 Unrealized —

SBUX STARBUCKS CORP 0.5%

Value ($000) $3,087 (-29.8%) Shares 63,200 (-16.8%) Est. Cost $33.68 Unrealized +42.7%

EL ESTEE LAUDER COMPANIES-CL A 0.5%

Value ($000) $2,725 (-25.4%) Shares 19,100 (-21.7%) Est. Cost $62.15 Unrealized +116.3%

BR BROADRIDGE FINANCIAL SOLUTIO 0.5%

Value ($000) $2,636 (-23.7%) Shares 22,900 (-27.3%) Est. Cost $62.39 Unrealized +58.9%

YUM YUM! BRANDS INC 0.4%

Value ($000) $2,472 (-24.6%) Shares 31,600 (-17.9%) Est. Cost $64.74 Unrealized +12.1%

CTSH COGNIZANT TECH SOLUTIONS-A 0.5%

Value ($000) $2,978 (-20.3%) Shares 37,700 (-18.8%) Est. Cost $43.22 Unrealized +62.9%

ZTS ZOETIS INC 0.5%

Value ($000) $2,965 (-19.3%) Shares 34,800 (-20.9%) Est. Cost $74.07 Unrealized +7.3%

PG PROCTER and GAMBLE CO/THE 1.0%

Value ($000) $5,683 (-10.7%) Shares 72,800 (-9.3%) Est. Cost $72.65 Unrealized -14.9%

ALL ALLSTATE CORP 0.5%

Value ($000) $2,647 (-19.8%) Shares 29,000 (-16.7%) Est. Cost $55.91 Unrealized +42.4%

UNP UNION PACIFIC CORP 0.7%

Value ($000) $4,222 (-13.2%) Shares 29,800 (-17.7%) Est. Cost $90.11 Unrealized +30.7%

SPGI SandP GLOBAL INC 0.6%

Value ($000) $3,262 (-15.1%) Shares 16,000 (-20.4%) Est. Cost $96.34 Unrealized +91.9%

AFL AFLAC INC 0.5%

Value ($000) $2,749 (-17.3%) Shares 63,900 (-15.9%) Est. Cost $27.96 Unrealized +34.3%

AEP AMERICAN ELECTRIC POWER 0.5%

Value ($000) $2,881 (-15.3%) Shares 41,600 (-16.1%) Est. Cost $53.04 Unrealized -2.9%

MSCI MSCI INC 0.5%

Value ($000) $2,779 (-15.5%) Shares 16,800 (-23.6%) Est. Cost $132.00 Unrealized +10.4%

FISV FISERV INC 0.5%

Value ($000) $2,882 (-14.4%) Shares 38,900 (-17.6%) Est. Cost $62.50 Unrealized +16.2%

DUK DUKE ENERGY CORP 0.6%

Value ($000) $3,266 (-12.0%) Shares 41,300 (-13.8%) Est. Cost $46.61 Unrealized +21.1%

FFIV F5 NETWORKS INC 0.5%

Value ($000) $2,707 (-13.7%) Shares 15,700 (-27.6%) Est. Cost $108.93 Unrealized +53.0%

GWW WW GRAINGER INC 0.5%

Value ($000) $2,714 (-12.6%) Shares 8,800 (-20.0%) Est. Cost $235.02 Unrealized +14.7%

PFE PFIZER INC 1.0%

Value ($000) $5,772 (-6.3%) Shares 159,100 (-8.3%) Est. Cost $21.05 Unrealized +15.4%

MCO MOODY'S CORP 0.5%

Value ($000) $2,848 (-11.3%) Shares 16,700 (-16.1%) Est. Cost $121.93 Unrealized +29.8%

CSX CSX CORP 0.6%

Value ($000) $3,336 (-9.3%) Shares 52,300 (-20.8%) Est. Cost $16.81 Unrealized +10.6%

AAPL APPLE INC 2.1%

Value ($000) $12,014 (+2.4%) Shares 64,900 (-7.2%) Est. Cost $21.10 Unrealized +102.6%

MA MASTERCARD INC - A 1.0%

Value ($000) $5,601 (-4.3%) Shares 28,500 (-14.7%) Est. Cost $89.14 Unrealized +102.3%

RHI ROBERT HALF INTL INC 0.5%

Value ($000) $2,676 (-8.5%) Shares 41,100 (-18.6%) Est. Cost $53.20 Unrealized +19.2%

UNH UNITEDHEALTH GROUP INC 1.1%

Value ($000) $6,305 (+3.7%) Shares 25,700 (-9.5%) Est. Cost $65.43 Unrealized +224.2%

INTU INTUIT INC 0.6%

Value ($000) $3,453 (-4.2%) Shares 16,900 (-18.8%) Est. Cost $97.25 Unrealized +87.4%

V VISA INC-CLASS A SHARES 1.1%

Value ($000) $6,411 (-2.0%) Shares 48,400 (-11.5%) Est. Cost $70.84 Unrealized +72.3%

TJX TJX COMPANIES INC 0.6%

Value ($000) $3,645 (-3.5%) Shares 38,300 (-17.3%) Est. Cost $29.40 Unrealized +34.6%

UGI UGI CORP 0.5%

Value ($000) $2,713 (-3.0%) Shares 52,100 (-17.3%) Est. Cost $44.84 Unrealized +8.1%

MSFT MICROSOFT CORP 2.1%

Value ($000) $11,685 (+0.3%) Shares 118,500 (-7.2%) Est. Cost $33.54 Unrealized +167.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	INGERSOLL-RAND PLC	34,400 (-46.6%)	$3,087 (-49.5%)	0.5%	$90.85	—	COMMON STOCK	000000000
SBUX	STARBUCKS CORP	63,200 (-16.8%)	$3,087 (-29.8%)	0.5%	$33.68	+42.7%	COMMON STOCK	855244109
EL	ESTEE LAUDER COMPANIES-CL A	19,100 (-21.7%)	$2,725 (-25.4%)	0.5%	$62.15	+116.3%	COMMON STOCK	518439104
BR	BROADRIDGE FINANCIAL SOLUTIO	22,900 (-27.3%)	$2,636 (-23.7%)	0.5%	$62.39	+58.9%	COMMON STOCK	11133T103
YUM	YUM! BRANDS INC	31,600 (-17.9%)	$2,472 (-24.6%)	0.4%	$64.74	+12.1%	COMMON STOCK	988498101
CTSH	COGNIZANT TECH SOLUTIONS-A	37,700 (-18.8%)	$2,978 (-20.3%)	0.5%	$43.22	+62.9%	COMMON STOCK	192446102
ZTS	ZOETIS INC	34,800 (-20.9%)	$2,965 (-19.3%)	0.5%	$74.07	+7.3%	COMMON STOCK	98978V103
PG	PROCTER and GAMBLE CO/THE	72,800 (-9.3%)	$5,683 (-10.7%)	1.0%	$72.65	-14.9%	COMMON STOCK	742718109
ALL	ALLSTATE CORP	29,000 (-16.7%)	$2,647 (-19.8%)	0.5%	$55.91	+42.4%	COMMON STOCK	020002101
UNP	UNION PACIFIC CORP	29,800 (-17.7%)	$4,222 (-13.2%)	0.7%	$90.11	+30.7%	COMMON STOCK	907818108
SPGI	SandP GLOBAL INC	16,000 (-20.4%)	$3,262 (-15.1%)	0.6%	$96.34	+91.9%	COMMON STOCK	78409V104
AFL	AFLAC INC	63,900 (-15.9%)	$2,749 (-17.3%)	0.5%	$27.96	+34.3%	COMMON STOCK	001055102
AEP	AMERICAN ELECTRIC POWER	41,600 (-16.1%)	$2,881 (-15.3%)	0.5%	$53.04	-2.9%	COMMON STOCK	025537101
MSCI	MSCI INC	16,800 (-23.6%)	$2,779 (-15.5%)	0.5%	$132.00	+10.4%	COMMON STOCK	55354G100
FISV	FISERV INC	38,900 (-17.6%)	$2,882 (-14.4%)	0.5%	$62.50	+16.2%	COMMON STOCK	337738108
DUK	DUKE ENERGY CORP	41,300 (-13.8%)	$3,266 (-12.0%)	0.6%	$46.61	+21.1%	COMMON STOCK	26441C204
FFIV	F5 NETWORKS INC	15,700 (-27.6%)	$2,707 (-13.7%)	0.5%	$108.93	+53.0%	COMMON STOCK	315616102
GWW	WW GRAINGER INC	8,800 (-20.0%)	$2,714 (-12.6%)	0.5%	$235.02	+14.7%	COMMON STOCK	384802104
PFE	PFIZER INC	159,100 (-8.3%)	$5,772 (-6.3%)	1.0%	$21.05	+15.4%	COMMON STOCK	717081103
MCO	MOODY'S CORP	16,700 (-16.1%)	$2,848 (-11.3%)	0.5%	$121.93	+29.8%	COMMON STOCK	615369105
CSX	CSX CORP	52,300 (-20.8%)	$3,336 (-9.3%)	0.6%	$16.81	+10.6%	COMMON STOCK	126408103
AAPL	APPLE INC	64,900 (-7.2%)	$12,014 (+2.4%)	2.1%	$21.10	+102.6%	COMMON STOCK	037833100
MA	MASTERCARD INC - A	28,500 (-14.7%)	$5,601 (-4.3%)	1.0%	$89.14	+102.3%	COMMON STOCK	57636Q104
RHI	ROBERT HALF INTL INC	41,100 (-18.6%)	$2,676 (-8.5%)	0.5%	$53.20	+19.2%	COMMON STOCK	770323103
UNH	UNITEDHEALTH GROUP INC	25,700 (-9.5%)	$6,305 (+3.7%)	1.1%	$65.43	+224.2%	COMMON STOCK	91324P102
INTU	INTUIT INC	16,900 (-18.8%)	$3,453 (-4.2%)	0.6%	$97.25	+87.4%	COMMON STOCK	461202103
V	VISA INC-CLASS A SHARES	48,400 (-11.5%)	$6,411 (-2.0%)	1.1%	$70.84	+72.3%	COMMON STOCK	92826C839
TJX	TJX COMPANIES INC	38,300 (-17.3%)	$3,645 (-3.5%)	0.6%	$29.40	+34.6%	COMMON STOCK	872540109
UGI	UGI CORP	52,100 (-17.3%)	$2,713 (-3.0%)	0.5%	$44.84	+8.1%	COMMON STOCK	902681105
MSFT	MICROSOFT CORP	118,500 (-7.2%)	$11,685 (+0.3%)	2.1%	$33.54	+167.6%	COMMON STOCK	594918104

Unchanged Positions (134)

— WYNDHAM DESTINATIONS INC 0.2%

Value ($000) $1,080 Shares 24,400 Est. Cost $105.41 Unrealized —

SPG SIMON PROPERTY GROUP INC 2.0%

Value ($000) $11,591 Shares 68,108 Est. Cost $90.22 Unrealized +16.6%

AMAT APPLIED MATERIALS INC 0.6%

Value ($000) $3,159 Shares 68,400 Est. Cost $19.78 Unrealized +138.8%

MAN MANPOWERGROUP INC 0.3%

Value ($000) $1,902 Shares 22,100 Est. Cost $97.01 Unrealized +1.2%

SBRA SABRA HEALTH CARE REIT INC 0.6%

Value ($000) $3,217 Shares 148,030 Est. Cost $22.67 Unrealized —

HD HOME DEPOT INC 1.2%

Value ($000) $6,770 Shares 34,700 Est. Cost $62.49 Unrealized +148.1%

PSA PUBLIC STORAGE 0.8%

Value ($000) $4,781 Shares 21,074 Est. Cost $97.16 Unrealized +56.5%

— GRAMERCY PROPERTY TRUST 0.5%

Value ($000) $2,668 Shares 97,666 Est. Cost $11.24 Unrealized —

WELL WELLTOWER INC 0.7%

Value ($000) $4,009 Shares 63,953 Est. Cost $44.28 Unrealized -2.5%

— LAM RESEARCH CORP 0.5%

Value ($000) $2,938 Shares 17,000 Est. Cost $203.18 Unrealized —

MMM 3M CO 0.7%

Value ($000) $4,151 Shares 21,100 Est. Cost $71.80 Unrealized +81.3%

SEIC SEI INVESTMENTS COMPANY 0.4%

Value ($000) $2,426 Shares 38,800 Est. Cost $46.13 Unrealized +30.2%

VTR VENTAS INC 0.6%

Value ($000) $3,558 Shares 62,482 Est. Cost $44.48 Unrealized -14.7%

EXPD EXPEDITORS INTL WASH INC 0.6%

Value ($000) $3,363 Shares 46,000 Est. Cost $58.41 Unrealized +9.0%

HST HOST HOTELS and RESORTS INC 0.7%

Value ($000) $3,877 Shares 183,998 Est. Cost $10.94 Unrealized +39.8%

IBM INTL BUSINESS MACHINES CORP 0.8%

Value ($000) $4,512 Shares 32,300 Est. Cost $101.76 Unrealized -1.8%

MO ALTRIA GROUP INC 0.7%

Value ($000) $4,214 Shares 74,200 Est. Cost $19.82 Unrealized +62.4%

TRV TRAVELERS COS INC/THE 0.5%

Value ($000) $2,863 Shares 23,400 Est. Cost $91.51 Unrealized +21.2%

ITW ILLINOIS TOOL WORKS 0.5%

Value ($000) $2,923 Shares 21,100 Est. Cost $68.35 Unrealized +79.4%

— SELECT INCOME REIT 0.5%

Value ($000) $2,827 Shares 125,800 Est. Cost $26.33 Unrealized —

CL COLGATE-PALMOLIVE CO 0.6%

Value ($000) $3,526 Shares 54,400 Est. Cost $59.21 Unrealized -7.8%

— EDUCATION REALTY TRUST INC 0.3%

Value ($000) $1,743 Shares 42,000 Est. Cost $32.76 Unrealized —

— SENIOR HOUSING PROP TRUST 0.5%

Value ($000) $2,697 Shares 149,100 Est. Cost $19.32 Unrealized —

FAST FASTENAL CO 0.5%

Value ($000) $2,580 Shares 53,600 Est. Cost $8.97 Unrealized +18.6%

— LIBERTY PROPERTY TRUST 0.6%

Value ($000) $3,152 Shares 71,096 Est. Cost $37.54 Unrealized —

LOW LOWE'S COS INC 0.7%

Value ($000) $3,966 Shares 41,500 Est. Cost $56.94 Unrealized +38.2%

LUV SOUTHWEST AIRLINES CO 0.4%

Value ($000) $2,544 Shares 50,000 Est. Cost $54.35 Unrealized -12.1%

ORLY O'REILLY AUTOMOTIVE INC 0.6%

Value ($000) $3,283 Shares 12,000 Est. Cost $16.91 Unrealized +2.9%

GNL GLOBAL NET LEASE INC 0.3%

Value ($000) $1,806 Shares 88,408 Est. Cost $19.63 Unrealized —

PAYX PAYCHEX INC 0.6%

Value ($000) $3,151 Shares 46,100 Est. Cost $34.10 Unrealized +51.1%

MAA MID-AMERICA APARTMENT COMM 0.6%

Value ($000) $3,296 Shares 32,740 Est. Cost $54.68 Unrealized +31.4%

— LASALLE HOTEL PROPERTIES 0.4%

Value ($000) $2,006 Shares 58,600 Est. Cost $24.15 Unrealized —

VFC VF CORP 0.6%

Value ($000) $3,318 Shares 40,700 Est. Cost $66.06 Unrealized +14.1%

— BLACKROCK INC 0.6%

Value ($000) $3,493 Shares 7,000 Est. Cost $362.46 Unrealized —

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

Value ($000) $2,696 Shares 55,000 Est. Cost $46.83 Unrealized +2.9%

— Life Storage Inc 0.4%

Value ($000) $2,092 Shares 21,500 Est. Cost $86.76 Unrealized —

EGP EASTGROUP PROPERTIES INC 0.4%

Value ($000) $2,150 Shares 22,500 Est. Cost $57.86 Unrealized —

TXN TEXAS INSTRUMENTS INC 0.8%

Value ($000) $4,807 Shares 43,600 Est. Cost $40.51 Unrealized +115.5%

DRH DIAMONDROCK HOSPITALITY CO 0.3%

Value ($000) $1,817 Shares 148,000 Est. Cost $9.10 Unrealized —

ROST ROSS STORES INC 0.6%

Value ($000) $3,382 Shares 39,900 Est. Cost $38.23 Unrealized +97.3%

PEG PUBLIC SERVICE ENTERPRISE GP 0.6%

Value ($000) $3,460 Shares 63,900 Est. Cost $38.22 Unrealized +3.8%

CUBE CUBESMART 0.4%

Value ($000) $1,998 Shares 62,000 Est. Cost $28.19 Unrealized —

VRE MACK-CALI REALTY CORP 0.3%

Value ($000) $1,420 Shares 70,000 Est. Cost $21.91 Unrealized —

— UNITI GROUP INC 0.2%

Value ($000) $1,302 Shares 65,000 Est. Cost $16.25 Unrealized —

— HCP INC 0.4%

Value ($000) $2,442 Shares 94,593 Est. Cost $40.87 Unrealized —

BRX BRIXMOR PROPERTY GROUP INC 0.3%

Value ($000) $1,935 Shares 111,000 Est. Cost $25.62 Unrealized —

— HOSPITALITY PROPERTIES TRUST 0.4%

Value ($000) $2,101 Shares 73,434 Est. Cost $27.41 Unrealized —

— TIER REIT INC 0.2%

Value ($000) $1,061 Shares 44,600 Est. Cost $18.09 Unrealized —

TROW T ROWE PRICE GROUP INC 0.6%

Value ($000) $3,251 Shares 28,000 Est. Cost $82.41 Unrealized +5.0%

PLD PROLOGIS INC 1.0%

Value ($000) $5,518 Shares 84,000 Est. Cost $29.27 Unrealized +77.6%

PPG PPG INDUSTRIES INC 0.5%

Value ($000) $2,873 Shares 27,700 Est. Cost $91.06 Unrealized +0.6%

FBIN FORTUNE BRANDS HOME and SECURI 0.4%

Value ($000) $2,207 Shares 41,100 Est. Cost $50.19 Unrealized -14.1%

HIW HIGHWOODS PROPERTIES INC 0.3%

Value ($000) $1,563 Shares 30,802 Est. Cost $35.61 Unrealized —

STT STATE STREET CORP 0.5%

Value ($000) $2,979 Shares 32,000 Est. Cost $74.42 Unrealized +4.6%

— A COLNY CAP REIT-A 0.4%

Value ($000) $2,141 Shares 343,163 Est. Cost $7.77 Unrealized —

KRG KITE REALTY GROUP TRUST 0.3%

Value ($000) $1,947 Shares 114,000 Est. Cost $24.57 Unrealized —

STAG STAG INDUSTRIAL INC 0.3%

Value ($000) $1,729 Shares 63,500 Est. Cost $19.62 Unrealized —

DLR DIGITAL REALTY TRUST INC 0.7%

Value ($000) $3,766 Shares 33,750 Est. Cost $40.72 Unrealized +99.6%

CMCSA COMCAST CORP-CLASS A 0.9%

Value ($000) $4,954 Shares 151,000 Est. Cost $31.79 Unrealized -15.5%

MAS MASCO CORP 0.4%

Value ($000) $2,552 Shares 68,200 Est. Cost $33.12 Unrealized +2.9%

RLJ RLJ LODGING TRUST 0.3%

Value ($000) $1,746 Shares 79,200 Est. Cost $23.24 Unrealized —

AOS SMITH (A.O.) CORP 0.5%

Value ($000) $2,614 Shares 44,200 Est. Cost $52.56 Unrealized +4.4%

— CHESAPEAKE LODGING TRUST 0.3%

Value ($000) $1,629 Shares 51,500 Est. Cost $22.49 Unrealized —

— COLUMBIA PROPERTY TRUST INC 0.3%

Value ($000) $1,953 Shares 86,000 Est. Cost $22.21 Unrealized —

CDP CORPORATE OFFICE PROPERTIES 0.3%

Value ($000) $1,768 Shares 61,000 Est. Cost $28.52 Unrealized —

BBY BEST BUY CO INC 0.5%

Value ($000) $3,095 Shares 41,500 Est. Cost $39.19 Unrealized +41.7%

UMH UMH PROPERTIES INC 0.3%

Value ($000) $1,490 Shares 97,083 Est. Cost $13.41 Unrealized —

BIIB BIOGEN INC 0.6%

Value ($000) $3,280 Shares 11,300 Est. Cost $230.33 Unrealized +22.1%

VNO VORNADO REALTY TRUST 0.4%

Value ($000) $2,052 Shares 27,765 Est. Cost $82.84 Unrealized —

— VEREIT INC 0.5%

Value ($000) $2,827 Shares 380,000 Est. Cost $8.82 Unrealized —

— HUDSON PACIFIC PROPERTIES IN 0.4%

Value ($000) $2,144 Shares 60,500 Est. Cost $33.35 Unrealized —

CHD CHURCH and DWIGHT CO INC 0.6%

Value ($000) $3,296 Shares 62,000 Est. Cost $42.65 Unrealized +3.4%

— COUSINS PROPERTIES INC 0.3%

Value ($000) $1,657 Shares 171,000 Est. Cost $10.38 Unrealized —

— INFRAREIT INC 0.2%

Value ($000) $1,379 Shares 62,180 Est. Cost $17.90 Unrealized —

IRM IRON MOUNTAIN INC 0.5%

Value ($000) $2,713 Shares 77,500 Est. Cost $22.46 Unrealized -1.2%

HSY HERSHEY CO/THE 0.5%

Value ($000) $2,587 Shares 27,800 Est. Cost $73.25 Unrealized +6.2%

DG DOLLAR GENERAL CORP 0.5%

Value ($000) $3,106 Shares 31,500 Est. Cost $77.43 Unrealized +12.5%

BDN BRANDYWINE REALTY TRUST 0.5%

Value ($000) $2,589 Shares 153,400 Est. Cost $13.60 Unrealized —

KW KENNEDY-WILSON HOLDINGS INC 0.1%

Value ($000) $848 Shares 40,081 Est. Cost $18.83 Unrealized +4.0%

KIM KIMCO REALTY CORP 0.2%

Value ($000) $981 Shares 57,731 Est. Cost $12.61 Unrealized -17.5%

AMP AMERIPRISE FINANCIAL INC 0.5%

Value ($000) $2,588 Shares 18,500 Est. Cost $107.25 Unrealized +14.2%

OMC OMNICOM GROUP 0.5%

Value ($000) $3,081 Shares 40,400 Est. Cost $52.41 Unrealized +7.0%

KMB KIMBERLY-CLARK CORP 0.5%

Value ($000) $2,950 Shares 28,000 Est. Cost $96.22 Unrealized -17.5%

SO SOUTHERN CO/THE 0.6%

Value ($000) $3,621 Shares 78,200 Est. Cost $27.55 Unrealized +19.3%

ROK ROCKWELL AUTOMATION INC 0.5%

Value ($000) $2,693 Shares 16,200 Est. Cost $85.80 Unrealized +75.8%

— CBL and ASSOCIATES PROPERTIES 0.1%

Value ($000) $507 Shares 91,000 Est. Cost $9.31 Unrealized —

SHW SHERWIN-WILLIAMS CO/THE 0.6%

Value ($000) $3,342 Shares 8,200 Est. Cost $79.61 Unrealized +51.9%

— DCT INDUSTRIAL TRUST INC 0.1%

Value ($000) $802 Shares 12,025 Est. Cost $33.65 Unrealized —

— WEINGARTEN REALTY INVESTORS 0.2%

Value ($000) $1,397 Shares 45,336 Est. Cost $30.78 Unrealized —

— RAMCO-GERSHENSON PROPERTIES 0.3%

Value ($000) $1,833 Shares 138,782 Est. Cost $16.68 Unrealized —

HPQ HP INC 0.6%

Value ($000) $3,404 Shares 150,000 Est. Cost $17.36 Unrealized -0.7%

SWKS SKYWORKS SOLUTIONS INC 0.5%

Value ($000) $3,112 Shares 32,200 Est. Cost $63.97 Unrealized +27.5%

SKT TANGER FACTORY OUTLET CENTER 0.3%

Value ($000) $1,832 Shares 78,000 Est. Cost $32.33 Unrealized —

JBHT HUNT (JB) TRANSPRT SVCS INC 0.5%

Value ($000) $2,917 Shares 24,000 Est. Cost $111.28 Unrealized +2.5%

AVY AVERY DENNISON CORP 0.4%

Value ($000) $2,532 Shares 24,800 Est. Cost $61.60 Unrealized +49.8%

GAP GAP INC/THE 0.5%

Value ($000) $2,743 Shares 84,700 Est. Cost $22.43 Unrealized +4.7%

CLDT CHATHAM LODGING TRUST 0.2%

Value ($000) $1,019 Shares 48,000 Est. Cost $19.15 Unrealized —

— DUKE REALTY CORP 0.2%

Value ($000) $1,104 Shares 38,024 Est. Cost $17.58 Unrealized —

AZO AUTOZONE INC 0.5%

Value ($000) $2,751 Shares 4,100 Est. Cost $715.82 Unrealized -9.9%

AHRT ARMADA HOFFLER PROPERTIES IN 0.2%

Value ($000) $1,118 Shares 75,000 Est. Cost $14.30 Unrealized —

— TORCHMARK CORP 0.5%

Value ($000) $2,621 Shares 32,200 Est. Cost $56.38 Unrealized —

L LOEWS CORP 0.5%

Value ($000) $2,791 Shares 57,800 Est. Cost $45.06 Unrealized +8.0%

JBGS JBG SMITH PROPERTIES 0.2%

Value ($000) $999 Shares 27,382 Est. Cost $34.22 Unrealized —

— NEW SENIOR INVESTMENT GROUP 0.2%

Value ($000) $931 Shares 123,000 Est. Cost $10.30 Unrealized —

— CDK GLOBAL INC 0.5%

Value ($000) $2,635 Shares 40,500 Est. Cost $71.27 Unrealized —

RMR RMR GROUP INC/THE - A 0.1%

Value ($000) $603 Shares 7,684 Est. Cost $7.12 Unrealized +483.7%

— SL GREEN REALTY CORP 0.3%

Value ($000) $1,701 Shares 16,923 Est. Cost $92.30 Unrealized —

— SPIRIT REALTY CAPITAL INC 0.3%

Value ($000) $1,791 Shares 223,000 Est. Cost $7.75 Unrealized —

KRC KILROY REALTY CORP 0.2%

Value ($000) $983 Shares 13,000 Est. Cost $61.85 Unrealized —

— QUALITY CARE PROPERTIES 0.1%

Value ($000) $618 Shares 28,718 Est. Cost $15.50 Unrealized —

UPS UNITED PARCEL SERVICE-CL B 0.6%

Value ($000) $3,569 Shares 33,600 Est. Cost $62.45 Unrealized +34.1%

CLX CLOROX COMPANY 0.5%

Value ($000) $2,976 Shares 22,000 Est. Cost $95.74 Unrealized +3.3%

ELME WASHINGTON REIT 0.1%

Value ($000) $485 Shares 16,000 Est. Cost $32.69 Unrealized —

GIS GENERAL MILLS INC 0.5%

Value ($000) $2,567 Shares 58,000 Est. Cost $40.98 Unrealized -18.4%

SHO SUNSTONE HOTEL INVESTORS INC 0.1%

Value ($000) $499 Shares 30,000 Est. Cost $15.23 Unrealized —

EMR EMERSON ELECTRIC CO 0.6%

Value ($000) $3,436 Shares 49,700 Est. Cost $49.23 Unrealized +19.1%

NHI NATL HEALTH INVESTORS INC 0.1%

Value ($000) $442 Shares 6,000 Est. Cost $67.33 Unrealized —

USB US BANCORP 0.7%

Value ($000) $3,912 Shares 78,200 Est. Cost $39.05 Unrealized -4.6%

— CIGNA CORP 0.5%

Value ($000) $2,872 Shares 16,900 Est. Cost $186.95 Unrealized —

BXP BOSTON PROPERTIES INC 0.4%

Value ($000) $2,059 Shares 16,417 Est. Cost $64.00 Unrealized +33.6%

INN SUMMIT HOTEL PROPERTIES INC 0.1%

Value ($000) $701 Shares 49,000 Est. Cost $14.07 Unrealized —

— TAUBMAN CENTERS INC 0.2%

Value ($000) $940 Shares 16,000 Est. Cost $71.25 Unrealized —

MRSH MARSH and MCLENNAN COS 0.6%

Value ($000) $3,435 Shares 41,900 Est. Cost $47.89 Unrealized +50.8%

PPL PPL CORP 0.5%

Value ($000) $2,855 Shares 100,000 Est. Cost $25.40 Unrealized -22.4%

FPI FARMLAND PARTNERS INC 0.1%

Value ($000) $455 Shares 51,653 Est. Cost $8.34 Unrealized —

ARE ALEXANDRIA REAL ESTATE EQUIT 0.4%

Value ($000) $2,132 Shares 16,900 Est. Cost $45.03 Unrealized +109.1%

MAC MACERICH CO/THE 0.2%

Value ($000) $1,336 Shares 23,507 Est. Cost $60.58 Unrealized —

MTD METTLER-TOLEDO INTERNATIONAL 0.5%

Value ($000) $2,662 Shares 4,600 Est. Cost $316.01 Unrealized +80.5%

— NEW YORK REIT INC 0.0%

Value ($000) $97 Shares 5,300 Est. Cost $21.51 Unrealized —

— HEALTHCARE REALTY TRUST INC 0.1%

Value ($000) $311 Shares 10,682 Est. Cost $25.50 Unrealized —

ESS ESSEX PROPERTY TRUST INC 0.4%

Value ($000) $2,104 Shares 8,800 Est. Cost $127.99 Unrealized +43.2%

ESRT EMPIRE STATE REALTY TRUST-A 0.1%

Value ($000) $735 Shares 43,000 Est. Cost $17.53 Unrealized —

INVH INVITATION HOMES INC 0.1%

Value ($000) $596 Shares 25,824 Est. Cost $18.66 Unrealized -1.4%

— GGP Inc 0.3%

Value ($000) $1,747 Shares 85,500 Est. Cost $23.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	WYNDHAM DESTINATIONS INC	24,400	$1,080	0.2%	$105.41	—	COMMON STOCK	98310W108
SPG	SIMON PROPERTY GROUP INC	68,108	$11,591	2.0%	$90.22	+16.6%	COMMON STOCK	828806109
AMAT	APPLIED MATERIALS INC	68,400	$3,159	0.6%	$19.78	+138.8%	COMMON STOCK	038222105
MAN	MANPOWERGROUP INC	22,100	$1,902	0.3%	$97.01	+1.2%	COMMON STOCK	56418H100
SBRA	SABRA HEALTH CARE REIT INC	148,030	$3,217	0.6%	$22.67	—	COMMON STOCK	78573L106
HD	HOME DEPOT INC	34,700	$6,770	1.2%	$62.49	+148.1%	COMMON STOCK	437076102
PSA	PUBLIC STORAGE	21,074	$4,781	0.8%	$97.16	+56.5%	COMMON STOCK	74460D109
—	GRAMERCY PROPERTY TRUST	97,666	$2,668	0.5%	$11.24	—	COMMON STOCK	385002308
WELL	WELLTOWER INC	63,953	$4,009	0.7%	$44.28	-2.5%	COMMON STOCK	95040Q104
—	LAM RESEARCH CORP	17,000	$2,938	0.5%	$203.18	—	COMMON STOCK	512807108
MMM	3M CO	21,100	$4,151	0.7%	$71.80	+81.3%	COMMON STOCK	88579Y101
SEIC	SEI INVESTMENTS COMPANY	38,800	$2,426	0.4%	$46.13	+30.2%	COMMON STOCK	784117103
VTR	VENTAS INC	62,482	$3,558	0.6%	$44.48	-14.7%	COMMON STOCK	92276F100
EXPD	EXPEDITORS INTL WASH INC	46,000	$3,363	0.6%	$58.41	+9.0%	COMMON STOCK	302130109
HST	HOST HOTELS and RESORTS INC	183,998	$3,877	0.7%	$10.94	+39.8%	COMMON STOCK	44107P104
IBM	INTL BUSINESS MACHINES CORP	32,300	$4,512	0.8%	$101.76	-1.8%	COMMON STOCK	459200101
MO	ALTRIA GROUP INC	74,200	$4,214	0.7%	$19.82	+62.4%	COMMON STOCK	02209S103
TRV	TRAVELERS COS INC/THE	23,400	$2,863	0.5%	$91.51	+21.2%	COMMON STOCK	89417E109
ITW	ILLINOIS TOOL WORKS	21,100	$2,923	0.5%	$68.35	+79.4%	COMMON STOCK	452308109
—	SELECT INCOME REIT	125,800	$2,827	0.5%	$26.33	—	COMMON STOCK	81618T100
CL	COLGATE-PALMOLIVE CO	54,400	$3,526	0.6%	$59.21	-7.8%	COMMON STOCK	194162103
—	EDUCATION REALTY TRUST INC	42,000	$1,743	0.3%	$32.76	—	COMMON STOCK	28140H203
—	SENIOR HOUSING PROP TRUST	149,100	$2,697	0.5%	$19.32	—	COMMON STOCK	81721M109
FAST	FASTENAL CO	53,600	$2,580	0.5%	$8.97	+18.6%	COMMON STOCK	311900104
—	LIBERTY PROPERTY TRUST	71,096	$3,152	0.6%	$37.54	—	COMMON STOCK	531172104
LOW	LOWE'S COS INC	41,500	$3,966	0.7%	$56.94	+38.2%	COMMON STOCK	548661107
LUV	SOUTHWEST AIRLINES CO	50,000	$2,544	0.4%	$54.35	-12.1%	COMMON STOCK	844741108
ORLY	O'REILLY AUTOMOTIVE INC	12,000	$3,283	0.6%	$16.91	+2.9%	COMMON STOCK	67103H107
GNL	GLOBAL NET LEASE INC	88,408	$1,806	0.3%	$19.63	—	COMMON STOCK	379378201
PAYX	PAYCHEX INC	46,100	$3,151	0.6%	$34.10	+51.1%	COMMON STOCK	704326107
MAA	MID-AMERICA APARTMENT COMM	32,740	$3,296	0.6%	$54.68	+31.4%	COMMON STOCK	59522J103
—	LASALLE HOTEL PROPERTIES	58,600	$2,006	0.4%	$24.15	—	COMMON STOCK	517942108
VFC	VF CORP	40,700	$3,318	0.6%	$66.06	+14.1%	COMMON STOCK	918204108
—	BLACKROCK INC	7,000	$3,493	0.6%	$362.46	—	COMMON STOCK	09247X101
BF/B	BROWN-FORMAN CORP-CLASS B	55,000	$2,696	0.5%	$46.83	+2.9%	COMMON STOCK	115637209
—	Life Storage Inc	21,500	$2,092	0.4%	$86.76	—	COMMON STOCK	53223X107
EGP	EASTGROUP PROPERTIES INC	22,500	$2,150	0.4%	$57.86	—	COMMON STOCK	277276101
TXN	TEXAS INSTRUMENTS INC	43,600	$4,807	0.8%	$40.51	+115.5%	COMMON STOCK	882508104
DRH	DIAMONDROCK HOSPITALITY CO	148,000	$1,817	0.3%	$9.10	—	COMMON STOCK	252784301
ROST	ROSS STORES INC	39,900	$3,382	0.6%	$38.23	+97.3%	COMMON STOCK	778296103
PEG	PUBLIC SERVICE ENTERPRISE GP	63,900	$3,460	0.6%	$38.22	+3.8%	COMMON STOCK	744573106
CUBE	CUBESMART	62,000	$1,998	0.4%	$28.19	—	COMMON STOCK	229663109
VRE	MACK-CALI REALTY CORP	70,000	$1,420	0.3%	$21.91	—	COMMON STOCK	554489104
—	UNITI GROUP INC	65,000	$1,302	0.2%	$16.25	—	COMMON STOCK	91325V108
—	HCP INC	94,593	$2,442	0.4%	$40.87	—	COMMON STOCK	40414L109
BRX	BRIXMOR PROPERTY GROUP INC	111,000	$1,935	0.3%	$25.62	—	COMMON STOCK	11120U105
—	HOSPITALITY PROPERTIES TRUST	73,434	$2,101	0.4%	$27.41	—	COMMON STOCK	44106M102
—	TIER REIT INC	44,600	$1,061	0.2%	$18.09	—	COMMON STOCK	88650V208
TROW	T ROWE PRICE GROUP INC	28,000	$3,251	0.6%	$82.41	+5.0%	COMMON STOCK	74144T108
PLD	PROLOGIS INC	84,000	$5,518	1.0%	$29.27	+77.6%	COMMON STOCK	74340W103
PPG	PPG INDUSTRIES INC	27,700	$2,873	0.5%	$91.06	+0.6%	COMMON STOCK	693506107
FBIN	FORTUNE BRANDS HOME and SECURI	41,100	$2,207	0.4%	$50.19	-14.1%	COMMON STOCK	34964C106
HIW	HIGHWOODS PROPERTIES INC	30,802	$1,563	0.3%	$35.61	—	COMMON STOCK	431284108
STT	STATE STREET CORP	32,000	$2,979	0.5%	$74.42	+4.6%	COMMON STOCK	857477103
—	A COLNY CAP REIT-A	343,163	$2,141	0.4%	$7.77	—	COMMON STOCK	19625W104
KRG	KITE REALTY GROUP TRUST	114,000	$1,947	0.3%	$24.57	—	COMMON STOCK	49803T300
STAG	STAG INDUSTRIAL INC	63,500	$1,729	0.3%	$19.62	—	COMMON STOCK	85254J102
DLR	DIGITAL REALTY TRUST INC	33,750	$3,766	0.7%	$40.72	+99.6%	COMMON STOCK	253868103
CMCSA	COMCAST CORP-CLASS A	151,000	$4,954	0.9%	$31.79	-15.5%	COMMON STOCK	20030N101
MAS	MASCO CORP	68,200	$2,552	0.4%	$33.12	+2.9%	COMMON STOCK	574599106
RLJ	RLJ LODGING TRUST	79,200	$1,746	0.3%	$23.24	—	COMMON STOCK	74965L101
AOS	SMITH (A.O.) CORP	44,200	$2,614	0.5%	$52.56	+4.4%	COMMON STOCK	831865209
—	CHESAPEAKE LODGING TRUST	51,500	$1,629	0.3%	$22.49	—	COMMON STOCK	165240102
—	COLUMBIA PROPERTY TRUST INC	86,000	$1,953	0.3%	$22.21	—	COMMON STOCK	198287203
CDP	CORPORATE OFFICE PROPERTIES	61,000	$1,768	0.3%	$28.52	—	COMMON STOCK	22002T108
BBY	BEST BUY CO INC	41,500	$3,095	0.5%	$39.19	+41.7%	COMMON STOCK	086516101
UMH	UMH PROPERTIES INC	97,083	$1,490	0.3%	$13.41	—	COMMON STOCK	903002103
BIIB	BIOGEN INC	11,300	$3,280	0.6%	$230.33	+22.1%	COMMON STOCK	09062X103
VNO	VORNADO REALTY TRUST	27,765	$2,052	0.4%	$82.84	—	COMMON STOCK	929042109
—	VEREIT INC	380,000	$2,827	0.5%	$8.82	—	COMMON STOCK	92339V100
—	HUDSON PACIFIC PROPERTIES IN	60,500	$2,144	0.4%	$33.35	—	COMMON STOCK	444097109
CHD	CHURCH and DWIGHT CO INC	62,000	$3,296	0.6%	$42.65	+3.4%	COMMON STOCK	171340102
—	COUSINS PROPERTIES INC	171,000	$1,657	0.3%	$10.38	—	COMMON STOCK	222795106
—	INFRAREIT INC	62,180	$1,379	0.2%	$17.90	—	COMMON STOCK	45685L100
IRM	IRON MOUNTAIN INC	77,500	$2,713	0.5%	$22.46	-1.2%	COMMON STOCK	46284V101
HSY	HERSHEY CO/THE	27,800	$2,587	0.5%	$73.25	+6.2%	COMMON STOCK	427866108
DG	DOLLAR GENERAL CORP	31,500	$3,106	0.5%	$77.43	+12.5%	COMMON STOCK	256677105
BDN	BRANDYWINE REALTY TRUST	153,400	$2,589	0.5%	$13.60	—	COMMON STOCK	105368203
KW	KENNEDY-WILSON HOLDINGS INC	40,081	$848	0.1%	$18.83	+4.0%	COMMON STOCK	489398107
KIM	KIMCO REALTY CORP	57,731	$981	0.2%	$12.61	-17.5%	COMMON STOCK	49446R109
AMP	AMERIPRISE FINANCIAL INC	18,500	$2,588	0.5%	$107.25	+14.2%	COMMON STOCK	03076C106
OMC	OMNICOM GROUP	40,400	$3,081	0.5%	$52.41	+7.0%	COMMON STOCK	681919106
KMB	KIMBERLY-CLARK CORP	28,000	$2,950	0.5%	$96.22	-17.5%	COMMON STOCK	494368103
SO	SOUTHERN CO/THE	78,200	$3,621	0.6%	$27.55	+19.3%	COMMON STOCK	842587107
ROK	ROCKWELL AUTOMATION INC	16,200	$2,693	0.5%	$85.80	+75.8%	COMMON STOCK	773903109
—	CBL and ASSOCIATES PROPERTIES	91,000	$507	0.1%	$9.31	—	COMMON STOCK	124830100
SHW	SHERWIN-WILLIAMS CO/THE	8,200	$3,342	0.6%	$79.61	+51.9%	COMMON STOCK	824348106
—	DCT INDUSTRIAL TRUST INC	12,025	$802	0.1%	$33.65	—	COMMON STOCK	233153204
—	WEINGARTEN REALTY INVESTORS	45,336	$1,397	0.2%	$30.78	—	COMMON STOCK	948741103
—	RAMCO-GERSHENSON PROPERTIES	138,782	$1,833	0.3%	$16.68	—	COMMON STOCK	751452202
HPQ	HP INC	150,000	$3,404	0.6%	$17.36	-0.7%	COMMON STOCK	40434L105
SWKS	SKYWORKS SOLUTIONS INC	32,200	$3,112	0.5%	$63.97	+27.5%	COMMON STOCK	83088M102
SKT	TANGER FACTORY OUTLET CENTER	78,000	$1,832	0.3%	$32.33	—	COMMON STOCK	875465106
JBHT	HUNT (JB) TRANSPRT SVCS INC	24,000	$2,917	0.5%	$111.28	+2.5%	COMMON STOCK	445658107
AVY	AVERY DENNISON CORP	24,800	$2,532	0.4%	$61.60	+49.8%	COMMON STOCK	053611109
GAP	GAP INC/THE	84,700	$2,743	0.5%	$22.43	+4.7%	COMMON STOCK	364760108
CLDT	CHATHAM LODGING TRUST	48,000	$1,019	0.2%	$19.15	—	COMMON STOCK	16208T102
—	DUKE REALTY CORP	38,024	$1,104	0.2%	$17.58	—	COMMON STOCK	264411505
AZO	AUTOZONE INC	4,100	$2,751	0.5%	$715.82	-9.9%	COMMON STOCK	053332102
AHRT	ARMADA HOFFLER PROPERTIES IN	75,000	$1,118	0.2%	$14.30	—	COMMON STOCK	04208T108
—	TORCHMARK CORP	32,200	$2,621	0.5%	$56.38	—	COMMON STOCK	891027104
L	LOEWS CORP	57,800	$2,791	0.5%	$45.06	+8.0%	COMMON STOCK	540424108
JBGS	JBG SMITH PROPERTIES	27,382	$999	0.2%	$34.22	—	COMMON STOCK	46590V100
—	NEW SENIOR INVESTMENT GROUP	123,000	$931	0.2%	$10.30	—	COMMON STOCK	648691103
—	CDK GLOBAL INC	40,500	$2,635	0.5%	$71.27	—	COMMON STOCK	12508E101
RMR	RMR GROUP INC/THE - A	7,684	$603	0.1%	$7.12	+483.7%	COMMON STOCK	74967R106
—	SL GREEN REALTY CORP	16,923	$1,701	0.3%	$92.30	—	COMMON STOCK	78440X101
—	SPIRIT REALTY CAPITAL INC	223,000	$1,791	0.3%	$7.75	—	COMMON STOCK	84860W102
KRC	KILROY REALTY CORP	13,000	$983	0.2%	$61.85	—	COMMON STOCK	49427F108
—	QUALITY CARE PROPERTIES	28,718	$618	0.1%	$15.50	—	COMMON STOCK	747545101
UPS	UNITED PARCEL SERVICE-CL B	33,600	$3,569	0.6%	$62.45	+34.1%	COMMON STOCK	911312106
CLX	CLOROX COMPANY	22,000	$2,976	0.5%	$95.74	+3.3%	COMMON STOCK	189054109
ELME	WASHINGTON REIT	16,000	$485	0.1%	$32.69	—	COMMON STOCK	939653101
GIS	GENERAL MILLS INC	58,000	$2,567	0.5%	$40.98	-18.4%	COMMON STOCK	370334104
SHO	SUNSTONE HOTEL INVESTORS INC	30,000	$499	0.1%	$15.23	—	COMMON STOCK	867892101
EMR	EMERSON ELECTRIC CO	49,700	$3,436	0.6%	$49.23	+19.1%	COMMON STOCK	291011104
NHI	NATL HEALTH INVESTORS INC	6,000	$442	0.1%	$67.33	—	COMMON STOCK	63633D104
USB	US BANCORP	78,200	$3,912	0.7%	$39.05	-4.6%	COMMON STOCK	902973304
—	CIGNA CORP	16,900	$2,872	0.5%	$186.95	—	COMMON STOCK	125509109
BXP	BOSTON PROPERTIES INC	16,417	$2,059	0.4%	$64.00	+33.6%	COMMON STOCK	101121101
INN	SUMMIT HOTEL PROPERTIES INC	49,000	$701	0.1%	$14.07	—	COMMON STOCK	866082100
—	TAUBMAN CENTERS INC	16,000	$940	0.2%	$71.25	—	COMMON STOCK	876664103
MRSH	MARSH and MCLENNAN COS	41,900	$3,435	0.6%	$47.89	+50.8%	COMMON STOCK	571748102
PPL	PPL CORP	100,000	$2,855	0.5%	$25.40	-22.4%	COMMON STOCK	69351T106
FPI	FARMLAND PARTNERS INC	51,653	$455	0.1%	$8.34	—	COMMON STOCK	31154R109
ARE	ALEXANDRIA REAL ESTATE EQUIT	16,900	$2,132	0.4%	$45.03	+109.1%	COMMON STOCK	015271109
MAC	MACERICH CO/THE	23,507	$1,336	0.2%	$60.58	—	COMMON STOCK	554382101
MTD	METTLER-TOLEDO INTERNATIONAL	4,600	$2,662	0.5%	$316.01	+80.5%	COMMON STOCK	592688105
—	NEW YORK REIT INC	5,300	$97	0.0%	$21.51	—	COMMON STOCK	64976L208
—	HEALTHCARE REALTY TRUST INC	10,682	$311	0.1%	$25.50	—	COMMON STOCK	421946104
ESS	ESSEX PROPERTY TRUST INC	8,800	$2,104	0.4%	$127.99	+43.2%	COMMON STOCK	297178105
ESRT	EMPIRE STATE REALTY TRUST-A	43,000	$735	0.1%	$17.53	—	COMMON STOCK	292104106
INVH	INVITATION HOMES INC	25,824	$596	0.1%	$18.66	-1.4%	COMMON STOCK	46187W107
—	GGP Inc	85,500	$1,747	0.3%	$23.18	—	COMMON STOCK	36174X101