Pensionfund PDN Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UNH	UNITEDHEALTH GROUP INC	22,500	$5,605	1.1%	$235.05	0.0%	COMMON STOCK	91324P102
VZ	VERIZON COMMUNICATIONS INC	96,000	$5,397	1.1%	$38.62	0.0%	COMMON STOCK	92343V104
MCD	MCDONALD'S CORP	22,500	$3,995	0.8%	$150.10	0.0%	COMMON STOCK	580135101
AMGN	AMGEN INC	19,200	$3,738	0.7%	$156.83	0.0%	COMMON STOCK	031162100
SYK	STRYKER CORP	16,700	$2,618	0.5%	$154.78	0.0%	COMMON STOCK	863667101
REGN	REGENERON PHARMACEUTICALS	6,700	$2,502	0.5%	$364.00	0.0%	COMMON STOCK	75886F107
SHW	SHERWIN-WILLIAMS CO/THE	6,200	$2,439	0.5%	$126.58	0.0%	COMMON STOCK	824348106
—	HEALTHCARE TRUST OF AME-CL A	85,000	$2,151	0.4%	$25.31	—	COMMON STOCK	42225P501
FAST	FASTENAL CO	40,000	$2,092	0.4%	$11.28	0.0%	COMMON STOCK	311900104
SYY	SYSCO CORP	33,300	$2,087	0.4%	$55.73	0.0%	COMMON STOCK	871829107
KLAC	KLA-TENCOR CORP	23,000	$2,058	0.4%	$84.23	0.0%	COMMON STOCK	482480100
—	ALLEGHANY CORP	3,300	$2,057	0.4%	$623.33	—	COMMON STOCK	017175100
OMC	OMNICOM GROUP	28,000	$2,051	0.4%	$57.22	0.0%	COMMON STOCK	681919106
APH	AMPHENOL CORP-CL A	25,000	$2,026	0.4%	$20.05	0.0%	COMMON STOCK	032095101
IEX	IDEX CORP	15,800	$1,995	0.4%	$122.75	0.0%	COMMON STOCK	45167R104
—	TD AMERITRADE HOLDING CORP	40,200	$1,968	0.4%	$48.96	—	COMMON STOCK	87236Y108
ADM	ARCHER-DANIELS-MIDLAND CO	47,700	$1,954	0.4%	$37.72	0.0%	COMMON STOCK	039483102
ODFL	OLD DOMINION FREIGHT LINE	15,500	$1,914	0.4%	$42.89	0.0%	COMMON STOCK	679580100
DRI	DARDEN RESTAURANTS INC	18,700	$1,867	0.4%	$87.79	0.0%	COMMON STOCK	237194105
REG	REGENCY CENTERS CORP	30,500	$1,790	0.4%	$46.71	0.0%	COMMON STOCK	758849103
NTAP	NETAPP INC	28,000	$1,671	0.3%	$59.04	0.0%	COMMON STOCK	64110D104
—	LABORATORY CRP OF AMER HLDGS	13,200	$1,668	0.3%	$126.36	—	COMMON STOCK	50540R409
—	RPT REALTY	138,782	$1,658	0.3%	$11.95	—	COMMON STOCK	74971D101
—	SPIRIT REALTY CAPITAL INC	44,600	$1,572	0.3%	$35.25	—	COMMON STOCK	84860W300
PEB	PEBBLEBROOK HOTEL TRUST	53,911	$1,526	0.3%	$28.31	—	COMMON STOCK	70509V100
CVS	CVS HEALTH CORP	15,415	$1,010	0.2%	$59.39	0.0%	COMMON STOCK	126650100
APLE	APPLE HOSPITALITY REIT INC	30,000	$428	0.1%	$14.27	—	COMMON STOCK	03784Y200

Increased Positions (12)

AAPL APPLE INC 2.0%

Value ($000) $9,875 (-18.8%) Shares 62,600 (+16.1%) Est. Cost $24.56 Unrealized +87.3%

SPG SIMON PROPERTY GROUP INC 2.7%

Value ($000) $13,826 (+14.9%) Shares 82,308 (+20.8%) Est. Cost $95.52 Unrealized +26.6%

ILPT INDUSTRIAL LOGISTICS PROPERT 0.5%

Value ($000) $2,742 (+101.3%) Shares 139,416 (+135.5%) Est. Cost $20.86 Unrealized —

— CYRUSONE INC 0.5%

Value ($000) $2,343 (+62.0%) Shares 44,300 (+94.3%) Est. Cost $49.32 Unrealized —

TJX TJX COMPANIES INC 0.5%

Value ($000) $2,711 (-20.1%) Shares 60,600 (+100.0%) Est. Cost $37.64 Unrealized +21.9%

KW KENNEDY-WILSON HOLDINGS INC 0.2%

Value ($000) $1,092 (+26.7%) Shares 60,081 (+49.9%) Est. Cost $18.95 Unrealized +1.2%

GLPI GAMING AND LEISURE PROPERTIE 0.5%

Value ($000) $2,746 (+8.2%) Shares 85,000 (+18.1%) Est. Cost $31.62 Unrealized —

DLR DIGITAL REALTY TRUST INC 0.8%

Value ($000) $4,001 (+5.4%) Shares 37,550 (+11.3%) Est. Cost $45.32 Unrealized +90.1%

CDP CORPORATE OFFICE PROPERTIES 0.4%

Value ($000) $1,998 (+9.8%) Shares 95,000 (+55.7%) Est. Cost $25.84 Unrealized —

HIW HIGHWOODS PROPERTIES INC 0.3%

Value ($000) $1,540 (+5.8%) Shares 39,802 (+29.2%) Est. Cost $36.31 Unrealized —

— MONMOUTH REAL ESTATE INV COR 0.3%

Value ($000) $1,438 (-5.5%) Shares 116,000 (+27.5%) Est. Cost $14.78 Unrealized —

BDN BRANDYWINE REALTY TRUST 0.5%

Value ($000) $2,335 (-3.2%) Shares 181,400 (+18.3%) Est. Cost $13.48 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	62,600 (+16.1%)	$9,875 (-18.8%)	2.0%	$24.56	+87.3%	COMMON STOCK	037833100
SPG	SIMON PROPERTY GROUP INC	82,308 (+20.8%)	$13,826 (+14.9%)	2.7%	$95.52	+26.6%	COMMON STOCK	828806109
ILPT	INDUSTRIAL LOGISTICS PROPERT	139,416 (+135.5%)	$2,742 (+101.3%)	0.5%	$20.86	—	COMMON STOCK	456237106
—	CYRUSONE INC	44,300 (+94.3%)	$2,343 (+62.0%)	0.5%	$49.32	—	COMMON STOCK	23283R100
TJX	TJX COMPANIES INC	60,600 (+100.0%)	$2,711 (-20.1%)	0.5%	$37.64	+21.9%	COMMON STOCK	872540109
KW	KENNEDY-WILSON HOLDINGS INC	60,081 (+49.9%)	$1,092 (+26.7%)	0.2%	$18.95	+1.2%	COMMON STOCK	489398107
GLPI	GAMING AND LEISURE PROPERTIE	85,000 (+18.1%)	$2,746 (+8.2%)	0.5%	$31.62	—	COMMON STOCK	36467J108
DLR	DIGITAL REALTY TRUST INC	37,550 (+11.3%)	$4,001 (+5.4%)	0.8%	$45.32	+90.1%	COMMON STOCK	253868103
CDP	CORPORATE OFFICE PROPERTIES	95,000 (+55.7%)	$1,998 (+9.8%)	0.4%	$25.84	—	COMMON STOCK	22002T108
HIW	HIGHWOODS PROPERTIES INC	39,802 (+29.2%)	$1,540 (+5.8%)	0.3%	$36.31	—	COMMON STOCK	431284108
—	MONMOUTH REAL ESTATE INV COR	116,000 (+27.5%)	$1,438 (-5.5%)	0.3%	$14.78	—	COMMON STOCK	609720107
BDN	BRANDYWINE REALTY TRUST	181,400 (+18.3%)	$2,335 (-3.2%)	0.5%	$13.48	—	COMMON STOCK	105368203

Exited Positions (27)

LLY ELI LILLY and CO 0.8%

Value ($000) $4,292 Shares 40,000 Est. Cost $90.28 Unrealized +12.3%

— AETNA INC 0.7%

Value ($000) $3,732 Shares 18,400 Est. Cost $183.48 Unrealized —

CL COLGATE-PALMOLIVE CO 0.7%

Value ($000) $3,642 Shares 54,400 Est. Cost $59.21 Unrealized -10.7%

HPQ HP INC 0.6%

Value ($000) $3,025 Shares 117,400 Est. Cost $17.36 Unrealized +5.1%

MSCI MSCI INC 0.6%

Value ($000) $2,980 Shares 16,800 Est. Cost $132.00 Unrealized +7.1%

EXC EXELON CORP 0.6%

Value ($000) $2,969 Shares 68,000 Est. Cost $23.80 Unrealized +4.7%

EL ESTEE LAUDER COMPANIES-CL A 0.5%

Value ($000) $2,776 Shares 19,100 Est. Cost $62.15 Unrealized +99.6%

— SPIRIT AEROSYSTEMS HOLD-CL A 0.5%

Value ($000) $2,768 Shares 30,200 Est. Cost $85.89 Unrealized —

STT STATE STREET CORP 0.5%

Value ($000) $2,681 Shares 32,000 Est. Cost $74.42 Unrealized -23.7%

— GRAMERCY PROPERTY TRUST 0.5%

Value ($000) $2,680 Shares 97,666 Est. Cost $11.24 Unrealized —

OGE OGE ENERGY CORP 0.5%

Value ($000) $2,677 Shares 73,700 Est. Cost $33.60 Unrealized +14.3%

— FOREST CITY REALTY TRUST- A 0.5%

Value ($000) $2,660 Shares 106,000 Est. Cost $21.47 Unrealized —

AMAT APPLIED MATERIALS INC 0.5%

Value ($000) $2,644 Shares 68,400 Est. Cost $19.78 Unrealized +60.3%

CLX CLOROX COMPANY 0.5%

Value ($000) $2,587 Shares 17,200 Est. Cost $95.74 Unrealized +32.2%

RF REGIONS FINANCIAL CORP 0.5%

Value ($000) $2,562 Shares 139,600 Est. Cost $13.80 Unrealized -13.1%

O REALTY INCOME CORP 0.5%

Value ($000) $2,446 Shares 43,000 Est. Cost $38.66 Unrealized +9.6%

GAP GAP INC/THE 0.5%

Value ($000) $2,444 Shares 84,700 Est. Cost $22.43 Unrealized -7.6%

ETR ENTERGY CORP 0.5%

Value ($000) $2,434 Shares 30,000 Est. Cost $31.55 Unrealized +4.0%

ROL ROLLINS INC 0.5%

Value ($000) $2,428 Shares 40,000 Est. Cost $23.59 Unrealized +0.4%

— ANNALY CAPITAL MANAGEMENT IN 0.5%

Value ($000) $2,343 Shares 229,000 Est. Cost $10.23 Unrealized —

TROW T ROWE PRICE GROUP INC 0.5%

Value ($000) $2,336 Shares 21,400 Est. Cost $82.41 Unrealized -11.3%

AFG AMERICAN FINANCIAL GROUP INC 0.4%

Value ($000) $2,219 Shares 20,000 Est. Cost $58.59 Unrealized -8.9%

FBIN FORTUNE BRANDS HOME and SECURI 0.4%

Value ($000) $2,152 Shares 41,100 Est. Cost $50.19 Unrealized -32.6%

— LASALLE HOTEL PROPERTIES 0.4%

Value ($000) $2,027 Shares 58,600 Est. Cost $24.15 Unrealized —

— RAMCO-GERSHENSON PROPERTIES 0.4%

Value ($000) $1,887 Shares 138,782 Est. Cost $16.68 Unrealized —

— SPIRIT REALTY CAPITAL INC 0.4%

Value ($000) $1,797 Shares 223,000 Est. Cost $7.75 Unrealized —

PHM PULTEGROUP INC 0.4%

Value ($000) $1,796 Shares 72,500 Est. Cost $27.64 Unrealized -17.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY and CO	40,000	$4,292	0.8%	$90.28	+12.3%	—	532457108
—	AETNA INC	18,400	$3,732	0.7%	$183.48	—	—	00817Y108
CL	COLGATE-PALMOLIVE CO	54,400	$3,642	0.7%	$59.21	-10.7%	—	194162103
HPQ	HP INC	117,400	$3,025	0.6%	$17.36	+5.1%	—	40434L105
MSCI	MSCI INC	16,800	$2,980	0.6%	$132.00	+7.1%	—	55354G100
EXC	EXELON CORP	68,000	$2,969	0.6%	$23.80	+4.7%	—	30161N101
EL	ESTEE LAUDER COMPANIES-CL A	19,100	$2,776	0.5%	$62.15	+99.6%	—	518439104
—	SPIRIT AEROSYSTEMS HOLD-CL A	30,200	$2,768	0.5%	$85.89	—	—	848574109
STT	STATE STREET CORP	32,000	$2,681	0.5%	$74.42	-23.7%	—	857477103
—	GRAMERCY PROPERTY TRUST	97,666	$2,680	0.5%	$11.24	—	—	385002308
OGE	OGE ENERGY CORP	73,700	$2,677	0.5%	$33.60	+14.3%	—	670837103
—	FOREST CITY REALTY TRUST- A	106,000	$2,660	0.5%	$21.47	—	—	345605109
AMAT	APPLIED MATERIALS INC	68,400	$2,644	0.5%	$19.78	+60.3%	—	038222105
CLX	CLOROX COMPANY	17,200	$2,587	0.5%	$95.74	+32.2%	—	189054109
RF	REGIONS FINANCIAL CORP	139,600	$2,562	0.5%	$13.80	-13.1%	—	7591EP100
O	REALTY INCOME CORP	43,000	$2,446	0.5%	$38.66	+9.6%	—	756109104
GAP	GAP INC/THE	84,700	$2,444	0.5%	$22.43	-7.6%	—	364760108
ETR	ENTERGY CORP	30,000	$2,434	0.5%	$31.55	+4.0%	—	29364G103
ROL	ROLLINS INC	40,000	$2,428	0.5%	$23.59	+0.4%	—	775711104
—	ANNALY CAPITAL MANAGEMENT IN	229,000	$2,343	0.5%	$10.23	—	—	035710409
TROW	T ROWE PRICE GROUP INC	21,400	$2,336	0.5%	$82.41	-11.3%	—	74144T108
AFG	AMERICAN FINANCIAL GROUP INC	20,000	$2,219	0.4%	$58.59	-8.9%	—	025932104
FBIN	FORTUNE BRANDS HOME and SECURI	41,100	$2,152	0.4%	$50.19	-32.6%	—	34964C106
—	LASALLE HOTEL PROPERTIES	58,600	$2,027	0.4%	$24.15	—	—	517942108
—	RAMCO-GERSHENSON PROPERTIES	138,782	$1,887	0.4%	$16.68	—	—	751452202
—	SPIRIT REALTY CAPITAL INC	223,000	$1,797	0.4%	$7.75	—	—	84860W102
PHM	PULTEGROUP INC	72,500	$1,796	0.4%	$27.64	-17.3%	—	745867101

Decreased Positions (4)

MSFT MICROSOFT CORP 2.1%

Value ($000) $10,563 (-15.7%) Shares 104,000 (-5.0%) Est. Cost $33.54 Unrealized +198.2%

DUK DUKE ENERGY CORP 0.3%

Value ($000) $1,579 (-52.2%) Shares 18,300 (-55.7%) Est. Cost $46.61 Unrealized +37.1%

PFE PFIZER INC 1.3%

Value ($000) $6,561 (-6.4%) Shares 150,300 (-5.5%) Est. Cost $21.05 Unrealized +42.6%

PG PROCTER and GAMBLE CO/THE 1.2%

Value ($000) $6,297 (+3.9%) Shares 68,500 (-5.9%) Est. Cost $72.65 Unrealized +2.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	104,000 (-5.0%)	$10,563 (-15.7%)	2.1%	$33.54	+198.2%	COMMON STOCK	594918104
DUK	DUKE ENERGY CORP	18,300 (-55.7%)	$1,579 (-52.2%)	0.3%	$46.61	+37.1%	COMMON STOCK	26441C204
PFE	PFIZER INC	150,300 (-5.5%)	$6,561 (-6.4%)	1.3%	$21.05	+42.6%	COMMON STOCK	717081103
PG	PROCTER and GAMBLE CO/THE	68,500 (-5.9%)	$6,297 (+3.9%)	1.2%	$72.65	+2.9%	COMMON STOCK	742718109

Unchanged Positions (164)

— SELECT INCOME REIT 0.2%

Value ($000) $926 Shares 125,800 Est. Cost $26.33 Unrealized —

XOM EXXON MOBIL CORP 1.3%

Value ($000) $6,696 Shares 98,200 Est. Cost $56.14 Unrealized +0.5%

IBM INTL BUSINESS MACHINES CORP 0.7%

Value ($000) $3,672 Shares 32,300 Est. Cost $101.76 Unrealized -13.6%

HD HOME DEPOT INC 1.0%

Value ($000) $5,103 Shares 29,700 Est. Cost $62.49 Unrealized +140.7%

FDX FEDEX CORP 0.4%

Value ($000) $2,097 Shares 13,000 Est. Cost $212.22 Unrealized -12.4%

MA MASTERCARD INC - A 1.1%

Value ($000) $5,377 Shares 28,500 Est. Cost $89.14 Unrealized +114.2%

— CELGENE CORP 0.5%

Value ($000) $2,435 Shares 38,000 Est. Cost $89.50 Unrealized —

V VISA INC-CLASS A SHARES 1.3%

Value ($000) $6,386 Shares 48,400 Est. Cost $70.84 Unrealized +85.5%

PLD PROLOGIS INC 1.1%

Value ($000) $5,653 Shares 96,265 Est. Cost $32.36 Unrealized +64.2%

— SENIOR HOUSING PROP TRUST 0.3%

Value ($000) $1,747 Shares 149,100 Est. Cost $19.32 Unrealized —

SBRA SABRA HEALTH CARE REIT INC 0.4%

Value ($000) $2,110 Shares 128,030 Est. Cost $22.67 Unrealized —

BBY BEST BUY CO INC 0.3%

Value ($000) $1,668 Shares 31,500 Est. Cost $39.19 Unrealized +26.7%

HST HOST HOTELS and RESORTS INC 0.6%

Value ($000) $3,067 Shares 183,998 Est. Cost $10.94 Unrealized +30.8%

AMP AMERIPRISE FINANCIAL INC 0.4%

Value ($000) $1,931 Shares 18,500 Est. Cost $107.25 Unrealized +2.5%

LOW LOWE'S COS INC 0.6%

Value ($000) $3,177 Shares 34,400 Est. Cost $56.94 Unrealized +48.6%

— EATON VANCE CORP 0.3%

Value ($000) $1,530 Shares 43,500 Est. Cost $52.18 Unrealized —

UNP UNION PACIFIC CORP 0.8%

Value ($000) $4,119 Shares 29,800 Est. Cost $90.11 Unrealized +40.3%

CSCO CISCO SYSTEMS INC 1.1%

Value ($000) $5,763 Shares 133,000 Est. Cost $36.04 Unrealized +2.4%

MO ALTRIA GROUP INC 0.6%

Value ($000) $3,121 Shares 63,200 Est. Cost $19.82 Unrealized +67.1%

EMR EMERSON ELECTRIC CO 0.5%

Value ($000) $2,402 Shares 40,200 Est. Cost $49.23 Unrealized +15.8%

BMY BRISTOL-MYERS SQUIBB CO 0.7%

Value ($000) $3,379 Shares 65,000 Est. Cost $44.98 Unrealized -8.9%

UPS UNITED PARCEL SERVICE-CL B 0.6%

Value ($000) $3,277 Shares 33,600 Est. Cost $62.45 Unrealized +31.4%

VFC VF CORP 0.4%

Value ($000) $2,083 Shares 29,200 Est. Cost $66.06 Unrealized +15.8%

BR BROADRIDGE FINANCIAL SOLUTIO 0.3%

Value ($000) $1,723 Shares 17,900 Est. Cost $62.39 Unrealized +53.5%

SNA SNAP-ON INC 0.5%

Value ($000) $2,397 Shares 16,500 Est. Cost $124.36 Unrealized +5.6%

— CBS CORP-CLASS B NON VOTING 0.4%

Value ($000) $1,924 Shares 44,000 Est. Cost $57.45 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.5%

Value ($000) $2,438 Shares 16,200 Est. Cost $85.80 Unrealized +70.6%

— CDK GLOBAL INC 0.4%

Value ($000) $1,939 Shares 40,500 Est. Cost $71.27 Unrealized —

FFIV F5 NETWORKS INC 0.5%

Value ($000) $2,544 Shares 15,700 Est. Cost $108.93 Unrealized +57.5%

SWKS SKYWORKS SOLUTIONS INC 0.3%

Value ($000) $1,649 Shares 24,600 Est. Cost $63.97 Unrealized +2.0%

SEIC SEI INVESTMENTS COMPANY 0.4%

Value ($000) $1,793 Shares 38,800 Est. Cost $46.13 Unrealized +3.6%

HUM HUMANA INC 0.6%

Value ($000) $2,893 Shares 10,100 Est. Cost $274.31 Unrealized +8.6%

ADP AUTOMATIC DATA PROCESSING 0.7%

Value ($000) $3,514 Shares 26,800 Est. Cost $107.77 Unrealized +12.4%

DGX QUEST DIAGNOSTICS INC 0.3%

Value ($000) $1,749 Shares 21,000 Est. Cost $94.62 Unrealized -14.1%

CTSH COGNIZANT TECH SOLUTIONS-A 0.5%

Value ($000) $2,393 Shares 37,700 Est. Cost $43.22 Unrealized +44.9%

CSX CSX CORP 0.5%

Value ($000) $2,659 Shares 42,800 Est. Cost $16.81 Unrealized +24.3%

GWW WW GRAINGER INC 0.4%

Value ($000) $1,920 Shares 6,800 Est. Cost $235.02 Unrealized +15.1%

MAS MASCO CORP 0.4%

Value ($000) $1,994 Shares 68,200 Est. Cost $33.12 Unrealized -16.4%

— BOOKING HOLDINGS INC 0.6%

Value ($000) $3,273 Shares 1,900 Est. Cost $1984.21 Unrealized —

BIIB BIOGEN INC 0.6%

Value ($000) $2,799 Shares 9,300 Est. Cost $230.33 Unrealized +38.6%

— Colony Capital Inc 0.3%

Value ($000) $1,606 Shares 343,163 Est. Cost $7.77 Unrealized —

SBUX STARBUCKS CORP 0.8%

Value ($000) $4,070 Shares 63,200 Est. Cost $33.68 Unrealized +59.3%

ROST ROSS STORES INC 0.5%

Value ($000) $2,479 Shares 29,800 Est. Cost $38.23 Unrealized +120.6%

AOS SMITH (A.O.) CORP 0.4%

Value ($000) $1,887 Shares 44,200 Est. Cost $52.56 Unrealized -23.2%

JBHT HUNT (JB) TRANSPRT SVCS INC 0.3%

Value ($000) $1,693 Shares 18,200 Est. Cost $111.28 Unrealized -10.9%

USB US BANCORP 0.6%

Value ($000) $3,025 Shares 66,200 Est. Cost $39.05 Unrealized -2.0%

ALL ALLSTATE CORP 0.5%

Value ($000) $2,396 Shares 29,000 Est. Cost $55.91 Unrealized +35.8%

AVY AVERY DENNISON CORP 0.4%

Value ($000) $2,228 Shares 24,800 Est. Cost $61.60 Unrealized +34.7%

MCO MOODY'S CORP 0.5%

Value ($000) $2,339 Shares 16,700 Est. Cost $121.93 Unrealized +16.3%

RLJ RLJ LODGING TRUST 0.3%

Value ($000) $1,299 Shares 79,200 Est. Cost $23.24 Unrealized —

TXN TEXAS INSTRUMENTS INC 0.6%

Value ($000) $3,251 Shares 34,400 Est. Cost $40.51 Unrealized +95.3%

— BROOKFIELD PROPERTY PARTNERS 0.6%

Value ($000) $2,835 Shares 57,548 Est. Cost $77.16 Unrealized —

MMM 3M CO 0.8%

Value ($000) $4,020 Shares 21,100 Est. Cost $71.80 Unrealized +78.6%

INTU INTUIT INC 0.5%

Value ($000) $2,657 Shares 13,500 Est. Cost $97.25 Unrealized +104.1%

SPGI SandP GLOBAL INC 0.5%

Value ($000) $2,719 Shares 16,000 Est. Cost $96.34 Unrealized +74.8%

— CHESAPEAKE LODGING TRUST 0.2%

Value ($000) $1,254 Shares 51,500 Est. Cost $22.49 Unrealized —

— TORCHMARK CORP 0.5%

Value ($000) $2,400 Shares 32,200 Est. Cost $56.38 Unrealized —

RHI ROBERT HALF INTL INC 0.3%

Value ($000) $1,665 Shares 29,100 Est. Cost $53.20 Unrealized +15.3%

DRH DIAMONDROCK HOSPITALITY CO 0.3%

Value ($000) $1,344 Shares 148,000 Est. Cost $9.10 Unrealized —

SNPS SYNOPSYS INC 0.4%

Value ($000) $2,190 Shares 26,000 Est. Cost $95.32 Unrealized -6.8%

— COLUMBIA PROPERTY TRUST INC 0.3%

Value ($000) $1,664 Shares 86,000 Est. Cost $22.21 Unrealized —

— HOSPITALITY PROPERTIES TRUST 0.3%

Value ($000) $1,754 Shares 73,434 Est. Cost $27.41 Unrealized —

CTAS CINTAS CORP 0.4%

Value ($000) $2,016 Shares 12,000 Est. Cost $47.83 Unrealized -13.0%

MSI MOTOROLA SOLUTIONS INC 0.5%

Value ($000) $2,669 Shares 23,200 Est. Cost $99.23 Unrealized +13.6%

FISV FISERV INC 0.6%

Value ($000) $2,859 Shares 38,900 Est. Cost $62.50 Unrealized +23.7%

— PEOPLE'S UNITED FINANCIAL 0.4%

Value ($000) $1,789 Shares 124,000 Est. Cost $17.12 Unrealized —

WELL WELLTOWER INC 0.9%

Value ($000) $4,439 Shares 63,953 Est. Cost $44.28 Unrealized +22.2%

BRX BRIXMOR PROPERTY GROUP INC 0.3%

Value ($000) $1,631 Shares 111,000 Est. Cost $25.62 Unrealized —

— SL GREEN REALTY CORP 0.3%

Value ($000) $1,338 Shares 16,923 Est. Cost $92.30 Unrealized —

— CIGNA ORD 0.6%

Value ($000) $3,210 Shares 16,900 Est. Cost $186.95 Unrealized —

ITW ILLINOIS TOOL WORKS 0.5%

Value ($000) $2,673 Shares 21,100 Est. Cost $68.35 Unrealized +61.7%

VNO VORNADO REALTY TRUST 0.3%

Value ($000) $1,722 Shares 27,765 Est. Cost $82.84 Unrealized —

UMH UMH PROPERTIES INC 0.2%

Value ($000) $915 Shares 77,283 Est. Cost $13.41 Unrealized —

PAYX PAYCHEX INC 0.4%

Value ($000) $2,241 Shares 34,400 Est. Cost $34.10 Unrealized +61.4%

KRG KITE REALTY GROUP TRUST 0.3%

Value ($000) $1,606 Shares 114,000 Est. Cost $24.57 Unrealized —

SEE SEALED AIR CORP 0.4%

Value ($000) $1,881 Shares 54,000 Est. Cost $36.15 Unrealized -15.3%

MAC MACERICH CO/THE 0.2%

Value ($000) $1,017 Shares 23,507 Est. Cost $60.58 Unrealized —

MAA MID-AMERICA APARTMENT COMM 1.2%

Value ($000) $5,909 Shares 61,740 Est. Cost $65.95 Unrealized +18.0%

L LOEWS CORP 0.5%

Value ($000) $2,631 Shares 57,800 Est. Cost $45.06 Unrealized +1.4%

VTR VENTAS INC 0.7%

Value ($000) $3,661 Shares 62,482 Est. Cost $44.48 Unrealized -1.1%

TRV TRAVELERS COS INC/THE 0.6%

Value ($000) $2,802 Shares 23,400 Est. Cost $91.51 Unrealized +17.1%

— TAUBMAN CENTERS INC 0.1%

Value ($000) $728 Shares 16,000 Est. Cost $71.25 Unrealized —

MDLZ MONDELEZ INTERNATIONAL INC-A 0.6%

Value ($000) $3,082 Shares 77,000 Est. Cost $35.59 Unrealized +0.5%

— WEINGARTEN REALTY INVESTORS 0.2%

Value ($000) $1,125 Shares 45,336 Est. Cost $30.78 Unrealized —

— HUDSON PACIFIC PROPERTIES IN 0.3%

Value ($000) $1,758 Shares 60,500 Est. Cost $33.35 Unrealized —

GNL GLOBAL NET LEASE INC 0.2%

Value ($000) $1,205 Shares 68,408 Est. Cost $19.63 Unrealized —

— NEW SENIOR INVESTMENT GROUP 0.1%

Value ($000) $507 Shares 123,000 Est. Cost $10.30 Unrealized —

TSCO TRACTOR SUPPLY COMPANY 0.5%

Value ($000) $2,403 Shares 28,800 Est. Cost $12.36 Unrealized +29.9%

CDW CDW CORP/DE 0.4%

Value ($000) $2,188 Shares 27,000 Est. Cost $79.14 Unrealized -0.1%

ZTS ZOETIS INC 0.6%

Value ($000) $2,977 Shares 34,800 Est. Cost $74.07 Unrealized +14.8%

SKT TANGER FACTORY OUTLET CENTER 0.3%

Value ($000) $1,577 Shares 78,000 Est. Cost $32.33 Unrealized —

— QTS REALTY TRUST INC-CL A 0.3%

Value ($000) $1,371 Shares 37,000 Est. Cost $44.52 Unrealized —

AVB AVALONBAY COMMUNITIES INC 1.0%

Value ($000) $5,068 Shares 29,120 Est. Cost $94.98 Unrealized +48.5%

— A SITE CENTER REIT 0.2%

Value ($000) $991 Shares 89,500 Est. Cost $17.90 Unrealized —

— UNITI GROUP INC 0.1%

Value ($000) $701 Shares 45,000 Est. Cost $16.25 Unrealized —

AZO AUTOZONE INC 0.5%

Value ($000) $2,683 Shares 3,200 Est. Cost $715.82 Unrealized +12.0%

MTD METTLER-TOLEDO INTERNATIONAL 0.5%

Value ($000) $2,602 Shares 4,600 Est. Cost $316.01 Unrealized +83.8%

CPT CAMDEN PROPERTY TRUST 0.6%

Value ($000) $3,114 Shares 35,369 Est. Cost $49.07 Unrealized +46.7%

— CITRIX SYSTEMS INC 0.4%

Value ($000) $2,254 Shares 22,000 Est. Cost $111.18 Unrealized —

PPG PPG INDUSTRIES INC 0.6%

Value ($000) $2,832 Shares 27,700 Est. Cost $91.06 Unrealized -0.7%

NNN NATIONAL RETAIL PROPERTIES 0.5%

Value ($000) $2,474 Shares 51,000 Est. Cost $44.82 Unrealized —

— CBL and ASSOCIATES PROPERTIES 0.0%

Value ($000) $175 Shares 91,000 Est. Cost $9.31 Unrealized —

INN SUMMIT HOTEL PROPERTIES INC 0.1%

Value ($000) $477 Shares 49,000 Est. Cost $14.07 Unrealized —

EPR EPR PROPERTIES 0.5%

Value ($000) $2,644 Shares 41,300 Est. Cost $55.90 Unrealized —

ARE ALEXANDRIA REAL ESTATE EQUIT 0.4%

Value ($000) $1,948 Shares 16,900 Est. Cost $45.03 Unrealized +107.2%

— PREFERRED APARTMENT COMMUN-A 0.1%

Value ($000) $703 Shares 50,000 Est. Cost $17.00 Unrealized —

MPT MEDICAL PROPERTIES TRUST INC 0.5%

Value ($000) $2,380 Shares 148,000 Est. Cost $13.20 Unrealized —

BXP BOSTON PROPERTIES INC 0.4%

Value ($000) $1,848 Shares 16,417 Est. Cost $64.00 Unrealized +35.3%

EXPD EXPEDITORS INTL WASH INC 0.4%

Value ($000) $2,138 Shares 31,400 Est. Cost $58.41 Unrealized +10.1%

— COUSINS PROPERTIES INC 0.3%

Value ($000) $1,351 Shares 171,000 Est. Cost $10.38 Unrealized —

STAG STAG INDUSTRIAL INC 0.3%

Value ($000) $1,580 Shares 63,500 Est. Cost $19.62 Unrealized —

IRM IRON MOUNTAIN INC 0.5%

Value ($000) $2,512 Shares 77,500 Est. Cost $22.46 Unrealized -0.8%

RMR RMR GROUP INC/THE - A 0.0%

Value ($000) $211 Shares 3,983 Est. Cost $7.12 Unrealized +439.2%

— TIER REIT INC 0.2%

Value ($000) $920 Shares 44,600 Est. Cost $18.09 Unrealized —

CLDT CHATHAM LODGING TRUST 0.2%

Value ($000) $849 Shares 48,000 Est. Cost $19.15 Unrealized —

— HCP INC 0.5%

Value ($000) $2,642 Shares 94,593 Est. Cost $40.87 Unrealized —

UAL UNITED CONTINENTAL HOLDINGS 0.4%

Value ($000) $2,261 Shares 27,000 Est. Cost $82.48 Unrealized +6.5%

AGNC AGNC INVESTMENT CORP 0.4%

Value ($000) $2,236 Shares 127,500 Est. Cost $18.59 Unrealized —

AMH AMERICAN HOMES 4 RENT- A 0.2%

Value ($000) $1,211 Shares 61,000 Est. Cost $21.50 Unrealized —

HSY HERSHEY CO/THE 0.5%

Value ($000) $2,519 Shares 23,500 Est. Cost $73.25 Unrealized +22.9%

ELME WASHINGTON REIT 0.1%

Value ($000) $368 Shares 16,000 Est. Cost $32.69 Unrealized —

KIM KIMCO REALTY CORP 0.2%

Value ($000) $846 Shares 57,731 Est. Cost $12.61 Unrealized -11.3%

VRE MACK-CALI REALTY CORP 0.3%

Value ($000) $1,371 Shares 70,000 Est. Cost $21.91 Unrealized —

KRC KILROY REALTY CORP 0.2%

Value ($000) $817 Shares 13,000 Est. Cost $61.85 Unrealized —

FPI FARMLAND PARTNERS INC 0.0%

Value ($000) $235 Shares 51,653 Est. Cost $8.34 Unrealized —

ESRT EMPIRE STATE REALTY TRUST-A 0.1%

Value ($000) $612 Shares 43,000 Est. Cost $17.53 Unrealized —

— HERSHA HOSPITALITY TRUST 0.1%

Value ($000) $351 Shares 20,000 Est. Cost $21.45 Unrealized —

SHO SUNSTONE HOTEL INVESTORS INC 0.1%

Value ($000) $390 Shares 30,000 Est. Cost $15.23 Unrealized —

AFL AFLAC INC 0.6%

Value ($000) $2,911 Shares 63,900 Est. Cost $27.96 Unrealized +34.4%

— PHYSICIANS REALTY TRUST 0.4%

Value ($000) $1,892 Shares 118,000 Est. Cost $15.33 Unrealized —

MRSH MARSH and MCLENNAN COS 0.5%

Value ($000) $2,568 Shares 32,200 Est. Cost $47.89 Unrealized +55.5%

— DUKE REALTY CORP 0.2%

Value ($000) $985 Shares 38,024 Est. Cost $17.58 Unrealized —

PPL PPL CORP 0.6%

Value ($000) $2,833 Shares 100,000 Est. Cost $25.40 Unrealized -12.4%

FSP FRANKLIN STREET PROPERTIES C 0.1%

Value ($000) $280 Shares 45,000 Est. Cost $8.56 Unrealized —

AHRT ARMADA HOFFLER PROPERTIES IN 0.2%

Value ($000) $1,055 Shares 75,000 Est. Cost $14.30 Unrealized —

INVH INVITATION HOMES INC 0.1%

Value ($000) $519 Shares 25,824 Est. Cost $18.66 Unrealized -5.9%

EGP EASTGROUP PROPERTIES INC 0.3%

Value ($000) $1,605 Shares 17,500 Est. Cost $57.86 Unrealized —

PEP PEPSICO INC 1.0%

Value ($000) $5,027 Shares 45,500 Est. Cost $81.72 Unrealized +11.0%

JBGS JBG SMITH PROPERTIES 0.2%

Value ($000) $953 Shares 27,382 Est. Cost $34.22 Unrealized —

D DOMINION ENERGY INC 0.6%

Value ($000) $3,244 Shares 45,400 Est. Cost $46.36 Unrealized +14.8%

CNP CENTERPOINT ENERGY INC 0.5%

Value ($000) $2,428 Shares 86,000 Est. Cost $22.53 Unrealized +0.6%

WM WASTE MANAGEMENT INC 0.6%

Value ($000) $3,177 Shares 35,700 Est. Cost $72.68 Unrealized +9.6%

— Life Storage Inc 0.4%

Value ($000) $1,999 Shares 21,500 Est. Cost $86.76 Unrealized —

UDR UDR INC 0.4%

Value ($000) $2,273 Shares 57,367 Est. Cost $20.29 Unrealized +53.7%

— VEREIT INC 0.5%

Value ($000) $2,717 Shares 380,000 Est. Cost $8.82 Unrealized —

— SPIRIT MTA REIT 0.0%

Value ($000) $62 Shares 8,700 Est. Cost $10.31 Unrealized —

PEG PUBLIC SERVICE ENTERPRISE GP 0.5%

Value ($000) $2,556 Shares 49,100 Est. Cost $38.22 Unrealized +10.6%

YUM YUM! BRANDS INC 0.6%

Value ($000) $2,905 Shares 31,600 Est. Cost $64.74 Unrealized +21.1%

DG DOLLAR GENERAL CORP 0.5%

Value ($000) $2,756 Shares 25,500 Est. Cost $77.43 Unrealized +27.4%

— LIBERTY PROPERTY TRUST 0.6%

Value ($000) $2,978 Shares 71,096 Est. Cost $37.54 Unrealized —

ORLY O'REILLY AUTOMOTIVE INC 0.6%

Value ($000) $2,892 Shares 8,400 Est. Cost $16.91 Unrealized +34.6%

SO SOUTHERN CO/THE 0.5%

Value ($000) $2,622 Shares 59,700 Est. Cost $27.55 Unrealized +24.3%

EQR EQUITY RESIDENTIAL 0.9%

Value ($000) $4,578 Shares 69,356 Est. Cost $36.60 Unrealized +40.2%

PSA PUBLIC STORAGE 0.8%

Value ($000) $4,266 Shares 21,074 Est. Cost $97.16 Unrealized +56.3%

— APARTMENT INVT and MGMT CO -A 0.5%

Value ($000) $2,699 Shares 61,500 Est. Cost $42.74 Unrealized —

— AMERICAN CAMPUS COMMUNITIES 0.5%

Value ($000) $2,483 Shares 60,000 Est. Cost $39.53 Unrealized —

ESS ESSEX PROPERTY TRUST INC 0.4%

Value ($000) $2,158 Shares 8,800 Est. Cost $127.99 Unrealized +54.0%

CUBE CUBESMART 0.4%

Value ($000) $1,779 Shares 62,000 Est. Cost $28.19 Unrealized —

— HEALTHCARE REALTY TRUST INC 0.1%

Value ($000) $304 Shares 10,682 Est. Cost $25.50 Unrealized —

KMB KIMBERLY-CLARK CORP 0.6%

Value ($000) $3,190 Shares 28,000 Est. Cost $96.22 Unrealized -10.2%

— INFRAREIT INC 0.3%

Value ($000) $1,307 Shares 62,180 Est. Cost $17.90 Unrealized —

— STORE CAPITAL CORP 0.1%

Value ($000) $453 Shares 16,000 Est. Cost $27.38 Unrealized —

LII LENNOX INTERNATIONAL INC 0.5%

Value ($000) $2,626 Shares 12,000 Est. Cost $184.49 Unrealized +4.9%

NHI NATL HEALTH INVESTORS INC 0.1%

Value ($000) $453 Shares 6,000 Est. Cost $67.33 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SELECT INCOME REIT	125,800	$926	0.2%	$26.33	—	COMMON STOCK	81618T100
XOM	EXXON MOBIL CORP	98,200	$6,696	1.3%	$56.14	+0.5%	COMMON STOCK	30231G102
IBM	INTL BUSINESS MACHINES CORP	32,300	$3,672	0.7%	$101.76	-13.6%	COMMON STOCK	459200101
HD	HOME DEPOT INC	29,700	$5,103	1.0%	$62.49	+140.7%	COMMON STOCK	437076102
FDX	FEDEX CORP	13,000	$2,097	0.4%	$212.22	-12.4%	COMMON STOCK	31428X106
MA	MASTERCARD INC - A	28,500	$5,377	1.1%	$89.14	+114.2%	COMMON STOCK	57636Q104
—	CELGENE CORP	38,000	$2,435	0.5%	$89.50	—	COMMON STOCK	151020104
V	VISA INC-CLASS A SHARES	48,400	$6,386	1.3%	$70.84	+85.5%	COMMON STOCK	92826C839
PLD	PROLOGIS INC	96,265	$5,653	1.1%	$32.36	+64.2%	COMMON STOCK	74340W103
—	SENIOR HOUSING PROP TRUST	149,100	$1,747	0.3%	$19.32	—	COMMON STOCK	81721M109
SBRA	SABRA HEALTH CARE REIT INC	128,030	$2,110	0.4%	$22.67	—	COMMON STOCK	78573L106
BBY	BEST BUY CO INC	31,500	$1,668	0.3%	$39.19	+26.7%	COMMON STOCK	086516101
HST	HOST HOTELS and RESORTS INC	183,998	$3,067	0.6%	$10.94	+30.8%	COMMON STOCK	44107P104
AMP	AMERIPRISE FINANCIAL INC	18,500	$1,931	0.4%	$107.25	+2.5%	COMMON STOCK	03076C106
LOW	LOWE'S COS INC	34,400	$3,177	0.6%	$56.94	+48.6%	COMMON STOCK	548661107
—	EATON VANCE CORP	43,500	$1,530	0.3%	$52.18	—	COMMON STOCK	278265103
UNP	UNION PACIFIC CORP	29,800	$4,119	0.8%	$90.11	+40.3%	COMMON STOCK	907818108
CSCO	CISCO SYSTEMS INC	133,000	$5,763	1.1%	$36.04	+2.4%	COMMON STOCK	17275R102
MO	ALTRIA GROUP INC	63,200	$3,121	0.6%	$19.82	+67.1%	COMMON STOCK	02209S103
EMR	EMERSON ELECTRIC CO	40,200	$2,402	0.5%	$49.23	+15.8%	COMMON STOCK	291011104
BMY	BRISTOL-MYERS SQUIBB CO	65,000	$3,379	0.7%	$44.98	-8.9%	COMMON STOCK	110122108
UPS	UNITED PARCEL SERVICE-CL B	33,600	$3,277	0.6%	$62.45	+31.4%	COMMON STOCK	911312106
VFC	VF CORP	29,200	$2,083	0.4%	$66.06	+15.8%	COMMON STOCK	918204108
BR	BROADRIDGE FINANCIAL SOLUTIO	17,900	$1,723	0.3%	$62.39	+53.5%	COMMON STOCK	11133T103
SNA	SNAP-ON INC	16,500	$2,397	0.5%	$124.36	+5.6%	COMMON STOCK	833034101
—	CBS CORP-CLASS B NON VOTING	44,000	$1,924	0.4%	$57.45	—	COMMON STOCK	124857202
ROK	ROCKWELL AUTOMATION INC	16,200	$2,438	0.5%	$85.80	+70.6%	COMMON STOCK	773903109
—	CDK GLOBAL INC	40,500	$1,939	0.4%	$71.27	—	COMMON STOCK	12508E101
FFIV	F5 NETWORKS INC	15,700	$2,544	0.5%	$108.93	+57.5%	COMMON STOCK	315616102
SWKS	SKYWORKS SOLUTIONS INC	24,600	$1,649	0.3%	$63.97	+2.0%	COMMON STOCK	83088M102
SEIC	SEI INVESTMENTS COMPANY	38,800	$1,793	0.4%	$46.13	+3.6%	COMMON STOCK	784117103
HUM	HUMANA INC	10,100	$2,893	0.6%	$274.31	+8.6%	COMMON STOCK	444859102
ADP	AUTOMATIC DATA PROCESSING	26,800	$3,514	0.7%	$107.77	+12.4%	COMMON STOCK	053015103
DGX	QUEST DIAGNOSTICS INC	21,000	$1,749	0.3%	$94.62	-14.1%	COMMON STOCK	74834L100
CTSH	COGNIZANT TECH SOLUTIONS-A	37,700	$2,393	0.5%	$43.22	+44.9%	COMMON STOCK	192446102
CSX	CSX CORP	42,800	$2,659	0.5%	$16.81	+24.3%	COMMON STOCK	126408103
GWW	WW GRAINGER INC	6,800	$1,920	0.4%	$235.02	+15.1%	COMMON STOCK	384802104
MAS	MASCO CORP	68,200	$1,994	0.4%	$33.12	-16.4%	COMMON STOCK	574599106
—	BOOKING HOLDINGS INC	1,900	$3,273	0.6%	$1984.21	—	COMMON STOCK	741503403
BIIB	BIOGEN INC	9,300	$2,799	0.6%	$230.33	+38.6%	COMMON STOCK	09062X103
—	Colony Capital Inc	343,163	$1,606	0.3%	$7.77	—	COMMON STOCK	19625W104
SBUX	STARBUCKS CORP	63,200	$4,070	0.8%	$33.68	+59.3%	COMMON STOCK	855244109
ROST	ROSS STORES INC	29,800	$2,479	0.5%	$38.23	+120.6%	COMMON STOCK	778296103
AOS	SMITH (A.O.) CORP	44,200	$1,887	0.4%	$52.56	-23.2%	COMMON STOCK	831865209
JBHT	HUNT (JB) TRANSPRT SVCS INC	18,200	$1,693	0.3%	$111.28	-10.9%	COMMON STOCK	445658107
USB	US BANCORP	66,200	$3,025	0.6%	$39.05	-2.0%	COMMON STOCK	902973304
ALL	ALLSTATE CORP	29,000	$2,396	0.5%	$55.91	+35.8%	COMMON STOCK	020002101
AVY	AVERY DENNISON CORP	24,800	$2,228	0.4%	$61.60	+34.7%	COMMON STOCK	053611109
MCO	MOODY'S CORP	16,700	$2,339	0.5%	$121.93	+16.3%	COMMON STOCK	615369105
RLJ	RLJ LODGING TRUST	79,200	$1,299	0.3%	$23.24	—	COMMON STOCK	74965L101
TXN	TEXAS INSTRUMENTS INC	34,400	$3,251	0.6%	$40.51	+95.3%	COMMON STOCK	882508104
—	BROOKFIELD PROPERTY PARTNERS	57,548	$2,835	0.6%	$77.16	—	COMMON STOCK	000000000
MMM	3M CO	21,100	$4,020	0.8%	$71.80	+78.6%	COMMON STOCK	88579Y101
INTU	INTUIT INC	13,500	$2,657	0.5%	$97.25	+104.1%	COMMON STOCK	461202103
SPGI	SandP GLOBAL INC	16,000	$2,719	0.5%	$96.34	+74.8%	COMMON STOCK	78409V104
—	CHESAPEAKE LODGING TRUST	51,500	$1,254	0.2%	$22.49	—	COMMON STOCK	165240102
—	TORCHMARK CORP	32,200	$2,400	0.5%	$56.38	—	COMMON STOCK	891027104
RHI	ROBERT HALF INTL INC	29,100	$1,665	0.3%	$53.20	+15.3%	COMMON STOCK	770323103
DRH	DIAMONDROCK HOSPITALITY CO	148,000	$1,344	0.3%	$9.10	—	COMMON STOCK	252784301
SNPS	SYNOPSYS INC	26,000	$2,190	0.4%	$95.32	-6.8%	COMMON STOCK	871607107
—	COLUMBIA PROPERTY TRUST INC	86,000	$1,664	0.3%	$22.21	—	COMMON STOCK	198287203
—	HOSPITALITY PROPERTIES TRUST	73,434	$1,754	0.3%	$27.41	—	COMMON STOCK	44106M102
CTAS	CINTAS CORP	12,000	$2,016	0.4%	$47.83	-13.0%	COMMON STOCK	172908105
MSI	MOTOROLA SOLUTIONS INC	23,200	$2,669	0.5%	$99.23	+13.6%	COMMON STOCK	620076307
FISV	FISERV INC	38,900	$2,859	0.6%	$62.50	+23.7%	COMMON STOCK	337738108
—	PEOPLE'S UNITED FINANCIAL	124,000	$1,789	0.4%	$17.12	—	COMMON STOCK	712704105
WELL	WELLTOWER INC	63,953	$4,439	0.9%	$44.28	+22.2%	COMMON STOCK	95040Q104
BRX	BRIXMOR PROPERTY GROUP INC	111,000	$1,631	0.3%	$25.62	—	COMMON STOCK	11120U105
—	SL GREEN REALTY CORP	16,923	$1,338	0.3%	$92.30	—	COMMON STOCK	78440X101
—	CIGNA ORD	16,900	$3,210	0.6%	$186.95	—	COMMON STOCK	125509109
ITW	ILLINOIS TOOL WORKS	21,100	$2,673	0.5%	$68.35	+61.7%	COMMON STOCK	452308109
VNO	VORNADO REALTY TRUST	27,765	$1,722	0.3%	$82.84	—	COMMON STOCK	929042109
UMH	UMH PROPERTIES INC	77,283	$915	0.2%	$13.41	—	COMMON STOCK	903002103
PAYX	PAYCHEX INC	34,400	$2,241	0.4%	$34.10	+61.4%	COMMON STOCK	704326107
KRG	KITE REALTY GROUP TRUST	114,000	$1,606	0.3%	$24.57	—	COMMON STOCK	49803T300
SEE	SEALED AIR CORP	54,000	$1,881	0.4%	$36.15	-15.3%	COMMON STOCK	81211K100
MAC	MACERICH CO/THE	23,507	$1,017	0.2%	$60.58	—	COMMON STOCK	554382101
MAA	MID-AMERICA APARTMENT COMM	61,740	$5,909	1.2%	$65.95	+18.0%	COMMON STOCK	59522J103
L	LOEWS CORP	57,800	$2,631	0.5%	$45.06	+1.4%	COMMON STOCK	540424108
VTR	VENTAS INC	62,482	$3,661	0.7%	$44.48	-1.1%	COMMON STOCK	92276F100
TRV	TRAVELERS COS INC/THE	23,400	$2,802	0.6%	$91.51	+17.1%	COMMON STOCK	89417E109
—	TAUBMAN CENTERS INC	16,000	$728	0.1%	$71.25	—	COMMON STOCK	876664103
MDLZ	MONDELEZ INTERNATIONAL INC-A	77,000	$3,082	0.6%	$35.59	+0.5%	COMMON STOCK	609207105
—	WEINGARTEN REALTY INVESTORS	45,336	$1,125	0.2%	$30.78	—	COMMON STOCK	948741103
—	HUDSON PACIFIC PROPERTIES IN	60,500	$1,758	0.3%	$33.35	—	COMMON STOCK	444097109
GNL	GLOBAL NET LEASE INC	68,408	$1,205	0.2%	$19.63	—	COMMON STOCK	379378201
—	NEW SENIOR INVESTMENT GROUP	123,000	$507	0.1%	$10.30	—	COMMON STOCK	648691103
TSCO	TRACTOR SUPPLY COMPANY	28,800	$2,403	0.5%	$12.36	+29.9%	COMMON STOCK	892356106
CDW	CDW CORP/DE	27,000	$2,188	0.4%	$79.14	-0.1%	COMMON STOCK	12514G108
ZTS	ZOETIS INC	34,800	$2,977	0.6%	$74.07	+14.8%	COMMON STOCK	98978V103
SKT	TANGER FACTORY OUTLET CENTER	78,000	$1,577	0.3%	$32.33	—	COMMON STOCK	875465106
—	QTS REALTY TRUST INC-CL A	37,000	$1,371	0.3%	$44.52	—	COMMON STOCK	74736A103
AVB	AVALONBAY COMMUNITIES INC	29,120	$5,068	1.0%	$94.98	+48.5%	COMMON STOCK	053484101
—	A SITE CENTER REIT	89,500	$991	0.2%	$17.90	—	COMMON STOCK	23317H854
—	UNITI GROUP INC	45,000	$701	0.1%	$16.25	—	COMMON STOCK	91325V108
AZO	AUTOZONE INC	3,200	$2,683	0.5%	$715.82	+12.0%	COMMON STOCK	053332102
MTD	METTLER-TOLEDO INTERNATIONAL	4,600	$2,602	0.5%	$316.01	+83.8%	COMMON STOCK	592688105
CPT	CAMDEN PROPERTY TRUST	35,369	$3,114	0.6%	$49.07	+46.7%	COMMON STOCK	133131102
—	CITRIX SYSTEMS INC	22,000	$2,254	0.4%	$111.18	—	COMMON STOCK	177376100
PPG	PPG INDUSTRIES INC	27,700	$2,832	0.6%	$91.06	-0.7%	COMMON STOCK	693506107
NNN	NATIONAL RETAIL PROPERTIES	51,000	$2,474	0.5%	$44.82	—	COMMON STOCK	637417106
—	CBL and ASSOCIATES PROPERTIES	91,000	$175	0.0%	$9.31	—	COMMON STOCK	124830100
INN	SUMMIT HOTEL PROPERTIES INC	49,000	$477	0.1%	$14.07	—	COMMON STOCK	866082100
EPR	EPR PROPERTIES	41,300	$2,644	0.5%	$55.90	—	COMMON STOCK	26884U109
ARE	ALEXANDRIA REAL ESTATE EQUIT	16,900	$1,948	0.4%	$45.03	+107.2%	COMMON STOCK	015271109
—	PREFERRED APARTMENT COMMUN-A	50,000	$703	0.1%	$17.00	—	COMMON STOCK	74039L103
MPT	MEDICAL PROPERTIES TRUST INC	148,000	$2,380	0.5%	$13.20	—	COMMON STOCK	58463J304
BXP	BOSTON PROPERTIES INC	16,417	$1,848	0.4%	$64.00	+35.3%	COMMON STOCK	101121101
EXPD	EXPEDITORS INTL WASH INC	31,400	$2,138	0.4%	$58.41	+10.1%	COMMON STOCK	302130109
—	COUSINS PROPERTIES INC	171,000	$1,351	0.3%	$10.38	—	COMMON STOCK	222795106
STAG	STAG INDUSTRIAL INC	63,500	$1,580	0.3%	$19.62	—	COMMON STOCK	85254J102
IRM	IRON MOUNTAIN INC	77,500	$2,512	0.5%	$22.46	-0.8%	COMMON STOCK	46284V101
RMR	RMR GROUP INC/THE - A	3,983	$211	0.0%	$7.12	+439.2%	COMMON STOCK	74967R106
—	TIER REIT INC	44,600	$920	0.2%	$18.09	—	COMMON STOCK	88650V208
CLDT	CHATHAM LODGING TRUST	48,000	$849	0.2%	$19.15	—	COMMON STOCK	16208T102
—	HCP INC	94,593	$2,642	0.5%	$40.87	—	COMMON STOCK	40414L109
UAL	UNITED CONTINENTAL HOLDINGS	27,000	$2,261	0.4%	$82.48	+6.5%	COMMON STOCK	910047109
AGNC	AGNC INVESTMENT CORP	127,500	$2,236	0.4%	$18.59	—	COMMON STOCK	00123Q104
AMH	AMERICAN HOMES 4 RENT- A	61,000	$1,211	0.2%	$21.50	—	COMMON STOCK	02665T306
HSY	HERSHEY CO/THE	23,500	$2,519	0.5%	$73.25	+22.9%	COMMON STOCK	427866108
ELME	WASHINGTON REIT	16,000	$368	0.1%	$32.69	—	COMMON STOCK	939653101
KIM	KIMCO REALTY CORP	57,731	$846	0.2%	$12.61	-11.3%	COMMON STOCK	49446R109
VRE	MACK-CALI REALTY CORP	70,000	$1,371	0.3%	$21.91	—	COMMON STOCK	554489104
KRC	KILROY REALTY CORP	13,000	$817	0.2%	$61.85	—	COMMON STOCK	49427F108
FPI	FARMLAND PARTNERS INC	51,653	$235	0.0%	$8.34	—	COMMON STOCK	31154R109
ESRT	EMPIRE STATE REALTY TRUST-A	43,000	$612	0.1%	$17.53	—	COMMON STOCK	292104106
—	HERSHA HOSPITALITY TRUST	20,000	$351	0.1%	$21.45	—	COMMON STOCK	427825500
SHO	SUNSTONE HOTEL INVESTORS INC	30,000	$390	0.1%	$15.23	—	COMMON STOCK	867892101
AFL	AFLAC INC	63,900	$2,911	0.6%	$27.96	+34.4%	COMMON STOCK	001055102
—	PHYSICIANS REALTY TRUST	118,000	$1,892	0.4%	$15.33	—	COMMON STOCK	71943U104
MRSH	MARSH and MCLENNAN COS	32,200	$2,568	0.5%	$47.89	+55.5%	COMMON STOCK	571748102
—	DUKE REALTY CORP	38,024	$985	0.2%	$17.58	—	COMMON STOCK	264411505
PPL	PPL CORP	100,000	$2,833	0.6%	$25.40	-12.4%	COMMON STOCK	69351T106
FSP	FRANKLIN STREET PROPERTIES C	45,000	$280	0.1%	$8.56	—	COMMON STOCK	35471R106
AHRT	ARMADA HOFFLER PROPERTIES IN	75,000	$1,055	0.2%	$14.30	—	COMMON STOCK	04208T108
INVH	INVITATION HOMES INC	25,824	$519	0.1%	$18.66	-5.9%	COMMON STOCK	46187W107
EGP	EASTGROUP PROPERTIES INC	17,500	$1,605	0.3%	$57.86	—	COMMON STOCK	277276101
PEP	PEPSICO INC	45,500	$5,027	1.0%	$81.72	+11.0%	COMMON STOCK	713448108
JBGS	JBG SMITH PROPERTIES	27,382	$953	0.2%	$34.22	—	COMMON STOCK	46590V100
D	DOMINION ENERGY INC	45,400	$3,244	0.6%	$46.36	+14.8%	COMMON STOCK	25746U109
CNP	CENTERPOINT ENERGY INC	86,000	$2,428	0.5%	$22.53	+0.6%	COMMON STOCK	15189T107
WM	WASTE MANAGEMENT INC	35,700	$3,177	0.6%	$72.68	+9.6%	COMMON STOCK	94106L109
—	Life Storage Inc	21,500	$1,999	0.4%	$86.76	—	COMMON STOCK	53223X107
UDR	UDR INC	57,367	$2,273	0.4%	$20.29	+53.7%	COMMON STOCK	902653104
—	VEREIT INC	380,000	$2,717	0.5%	$8.82	—	COMMON STOCK	92339V100
—	SPIRIT MTA REIT	8,700	$62	0.0%	$10.31	—	COMMON STOCK	84861U105
PEG	PUBLIC SERVICE ENTERPRISE GP	49,100	$2,556	0.5%	$38.22	+10.6%	COMMON STOCK	744573106
YUM	YUM! BRANDS INC	31,600	$2,905	0.6%	$64.74	+21.1%	COMMON STOCK	988498101
DG	DOLLAR GENERAL CORP	25,500	$2,756	0.5%	$77.43	+27.4%	COMMON STOCK	256677105
—	LIBERTY PROPERTY TRUST	71,096	$2,978	0.6%	$37.54	—	COMMON STOCK	531172104
ORLY	O'REILLY AUTOMOTIVE INC	8,400	$2,892	0.6%	$16.91	+34.6%	COMMON STOCK	67103H107
SO	SOUTHERN CO/THE	59,700	$2,622	0.5%	$27.55	+24.3%	COMMON STOCK	842587107
EQR	EQUITY RESIDENTIAL	69,356	$4,578	0.9%	$36.60	+40.2%	COMMON STOCK	29476L107
PSA	PUBLIC STORAGE	21,074	$4,266	0.8%	$97.16	+56.3%	COMMON STOCK	74460D109
—	APARTMENT INVT and MGMT CO -A	61,500	$2,699	0.5%	$42.74	—	COMMON STOCK	03748R101
—	AMERICAN CAMPUS COMMUNITIES	60,000	$2,483	0.5%	$39.53	—	COMMON STOCK	024835100
ESS	ESSEX PROPERTY TRUST INC	8,800	$2,158	0.4%	$127.99	+54.0%	COMMON STOCK	297178105
CUBE	CUBESMART	62,000	$1,779	0.4%	$28.19	—	COMMON STOCK	229663109
—	HEALTHCARE REALTY TRUST INC	10,682	$304	0.1%	$25.50	—	COMMON STOCK	421946104
KMB	KIMBERLY-CLARK CORP	28,000	$3,190	0.6%	$96.22	-10.2%	COMMON STOCK	494368103
—	INFRAREIT INC	62,180	$1,307	0.3%	$17.90	—	COMMON STOCK	45685L100
—	STORE CAPITAL CORP	16,000	$453	0.1%	$27.38	—	COMMON STOCK	862121100
LII	LENNOX INTERNATIONAL INC	12,000	$2,626	0.5%	$184.49	+4.9%	COMMON STOCK	526107107
NHI	NATL HEALTH INVESTORS INC	6,000	$453	0.1%	$67.33	—	COMMON STOCK	63633D104