Pensionfund PDN Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	FACEBOOK INC-A	54,000	$11,084	1.8%	$192.35	0.0%	COMMON STOCK	30303M102
T	ATandT INC	180,000	$7,034	1.1%	$18.86	0.0%	COMMON STOCK	00206R102
DOC	HCP INC	106,593	$3,674	0.6%	$25.47	0.0%	COMMON STOCK	42250P103
—	BLACKROCK INC	7,100	$3,569	0.6%	$502.68	—	COMMON STOCK	09247X101
—	LAM RESEARCH CORP	12,000	$3,509	0.6%	$292.42	—	COMMON STOCK	512807108
FISV	FISERV INC	30,000	$3,469	0.6%	$110.41	0.0%	COMMON STOCK	337738108
CL	COLGATE-PALMOLIVE CO	45,000	$3,098	0.5%	$59.11	0.0%	COMMON STOCK	194162103
HPQ	HP INC	140,000	$2,877	0.5%	$15.31	0.0%	COMMON STOCK	40434L105
CTSH	COGNIZANT TECH SOLUTIONS-A	46,000	$2,853	0.5%	$56.34	0.0%	COMMON STOCK	192446102
GIS	GENERAL MILLS INC	53,000	$2,839	0.5%	$42.80	0.0%	COMMON STOCK	370334104
GL	GLOBE LIFE INC	26,200	$2,758	0.5%	$94.69	0.0%	COMMON STOCK	37959E102
PEG	PUBLIC SERVICE ENTERPRISE GP	45,000	$2,657	0.4%	$49.14	0.0%	COMMON STOCK	744573106
EQIX	EQUINIX INC	4,500	$2,627	0.4%	$501.45	0.0%	COMMON STOCK	29444U700
PNW	PINNACLE WEST CAPITAL	28,000	$2,518	0.4%	$69.39	0.0%	COMMON STOCK	723484101
IDXX	IDEXX LABORATORIES INC	9,500	$2,481	0.4%	$263.51	0.0%	COMMON STOCK	45168D104
CHD	CHURCH and DWIGHT CO INC	33,000	$2,321	0.4%	$66.06	0.0%	COMMON STOCK	171340102
WPC	WP CAREY INC	17,000	$1,361	0.2%	$80.06	—	COMMON STOCK	92936U109
PK	PARK HOTELS and RESORTS INC	21,038	$544	0.1%	$25.86	—	COMMON STOCK	700517105
DEI	DOUGLAS EMMETT INC	10,000	$439	0.1%	$43.90	—	COMMON STOCK	25960P109
FCPT	FOUR CORNERS PROPERTY TRUST	15,000	$423	0.1%	$28.20	—	COMMON STOCK	35086T109
—	BRISTOL-MYERS SQUIBB-CVR	33,000	$99	0.0%	$3.00	—	COMMON STOCK	110122157

Increased Positions (28)

BMY BRISTOL-MYERS SQUIBB CO 0.9%

Value ($000) $5,264 (+78.6%) Shares 82,000 (+26.2%) Est. Cost $45.02 Unrealized +0.4%

OHI OMEGA HEALTHCARE INVESTORS 0.5%

Value ($000) $2,880 (+63.3%) Shares 68,000 (+41.7%) Est. Cost $38.40 Unrealized —

UMH UMH PROPERTIES INC 0.3%

Value ($000) $1,550 (+232.6%) Shares 98,553 (+162.2%) Est. Cost $14.84 Unrealized —

— STORE CAPITAL CORP 0.4%

Value ($000) $2,644 (+59.3%) Shares 71,000 (+42.0%) Est. Cost $33.18 Unrealized —

— SL GREEN REALTY CORP 0.7%

Value ($000) $4,513 (+27.3%) Shares 49,123 (+11.3%) Est. Cost $90.12 Unrealized —

MPT MEDICAL PROPERTIES TRUST INC 0.5%

Value ($000) $2,977 (+44.7%) Shares 141,000 (+19.5%) Est. Cost $14.49 Unrealized —

ELME WASHINGTON REIT 0.2%

Value ($000) $1,313 (+206.8%) Shares 45,000 (+181.3%) Est. Cost $30.43 Unrealized —

VTR VENTAS INC 1.2%

Value ($000) $7,511 (+10.5%) Shares 130,082 (+30.8%) Est. Cost $46.81 Unrealized +5.0%

— SPIRIT REALTY CAPITAL INC 0.4%

Value ($000) $2,538 (+33.4%) Shares 51,600 (+15.7%) Est. Cost $37.14 Unrealized —

— Life Storage Inc 0.3%

Value ($000) $1,787 (+50.3%) Shares 16,500 (+32.0%) Est. Cost $91.98 Unrealized —

— LEXINGTON REALTY TRUST 0.3%

Value ($000) $1,763 (+48.7%) Shares 166,000 (+31.7%) Est. Cost $9.70 Unrealized —

KRC KILROY REALTY CORP 0.2%

Value ($000) $1,510 (+57.3%) Shares 18,000 (+38.5%) Est. Cost $67.97 Unrealized —

— PHYSICIANS REALTY TRUST 0.3%

Value ($000) $2,140 (+31.9%) Shares 113,000 (+21.5%) Est. Cost $15.97 Unrealized —

AMH AMERICAN HOMES 4 RENT- A 0.4%

Value ($000) $2,411 (+25.6%) Shares 92,000 (+16.5%) Est. Cost $22.71 Unrealized —

VNO VORNADO REALTY TRUST 0.7%

Value ($000) $4,340 (+11.4%) Shares 65,265 (+7.4%) Est. Cost $72.24 Unrealized —

IRM IRON MOUNTAIN INC 0.5%

Value ($000) $2,852 (+17.6%) Shares 89,500 (+15.5%) Est. Cost $22.66 Unrealized +5.7%

CSCO CISCO SYSTEMS INC 0.9%

Value ($000) $5,635 (-6.8%) Shares 117,500 (+6.3%) Est. Cost $36.19 Unrealized +6.5%

ESRT EMPIRE STATE REALTY TRUST-A 0.2%

Value ($000) $991 (+55.6%) Shares 71,000 (+65.1%) Est. Cost $16.12 Unrealized —

GNL GLOBAL NET LEASE INC 0.3%

Value ($000) $1,692 (+26.1%) Shares 83,408 (+21.9%) Est. Cost $19.74 Unrealized —

PFE PFIZER INC 1.0%

Value ($000) $5,908 (-5.5%) Shares 150,800 (+4.5%) Est. Cost $21.30 Unrealized +25.4%

XOM EXXON MOBIL CORP 1.2%

Value ($000) $7,062 (-4.2%) Shares 101,200 (+5.2%) Est. Cost $55.94 Unrealized -6.9%

CNP CENTERPOINT ENERGY INC 0.4%

Value ($000) $2,563 (+13.3%) Shares 94,000 (+19.0%) Est. Cost $24.41 Unrealized -5.9%

MNST MONSTER BEVERAGE CORP 0.5%

Value ($000) $2,764 (+11.0%) Shares 43,500 (+11.5%) Est. Cost $30.05 Unrealized -2.3%

EPR EPR PROPERTIES 0.5%

Value ($000) $2,776 (+8.5%) Shares 39,300 (+14.6%) Est. Cost $57.77 Unrealized —

STAG STAG INDUSTRIAL INC 0.3%

Value ($000) $2,127 (+10.8%) Shares 67,380 (+6.1%) Est. Cost $20.30 Unrealized —

FFIV F5 NETWORKS INC 0.4%

Value ($000) $2,193 (+9.9%) Shares 15,700 (+14.6%) Est. Cost $113.00 Unrealized +24.7%

REG REGENCY CENTERS CORP 0.4%

Value ($000) $2,177 (+6.9%) Shares 34,500 (+13.1%) Est. Cost $47.18 Unrealized +7.7%

EXC EXELON CORP 0.5%

Value ($000) $2,963 (+3.0%) Shares 65,000 (+8.3%) Est. Cost $26.68 Unrealized -2.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BMY	BRISTOL-MYERS SQUIBB CO	82,000 (+26.2%)	$5,264 (+78.6%)	0.9%	$45.02	+0.4%	COMMON STOCK	110122108
OHI	OMEGA HEALTHCARE INVESTORS	68,000 (+41.7%)	$2,880 (+63.3%)	0.5%	$38.40	—	COMMON STOCK	681936100
UMH	UMH PROPERTIES INC	98,553 (+162.2%)	$1,550 (+232.6%)	0.3%	$14.84	—	COMMON STOCK	903002103
—	STORE CAPITAL CORP	71,000 (+42.0%)	$2,644 (+59.3%)	0.4%	$33.18	—	COMMON STOCK	862121100
—	SL GREEN REALTY CORP	49,123 (+11.3%)	$4,513 (+27.3%)	0.7%	$90.12	—	COMMON STOCK	78440X101
MPT	MEDICAL PROPERTIES TRUST INC	141,000 (+19.5%)	$2,977 (+44.7%)	0.5%	$14.49	—	COMMON STOCK	58463J304
ELME	WASHINGTON REIT	45,000 (+181.3%)	$1,313 (+206.8%)	0.2%	$30.43	—	COMMON STOCK	939653101
VTR	VENTAS INC	130,082 (+30.8%)	$7,511 (+10.5%)	1.2%	$46.81	+5.0%	COMMON STOCK	92276F100
—	SPIRIT REALTY CAPITAL INC	51,600 (+15.7%)	$2,538 (+33.4%)	0.4%	$37.14	—	COMMON STOCK	84860W300
—	Life Storage Inc	16,500 (+32.0%)	$1,787 (+50.3%)	0.3%	$91.98	—	COMMON STOCK	53223X107
—	LEXINGTON REALTY TRUST	166,000 (+31.7%)	$1,763 (+48.7%)	0.3%	$9.70	—	COMMON STOCK	529043101
KRC	KILROY REALTY CORP	18,000 (+38.5%)	$1,510 (+57.3%)	0.2%	$67.97	—	COMMON STOCK	49427F108
—	PHYSICIANS REALTY TRUST	113,000 (+21.5%)	$2,140 (+31.9%)	0.3%	$15.97	—	COMMON STOCK	71943U104
AMH	AMERICAN HOMES 4 RENT- A	92,000 (+16.5%)	$2,411 (+25.6%)	0.4%	$22.71	—	COMMON STOCK	02665T306
VNO	VORNADO REALTY TRUST	65,265 (+7.4%)	$4,340 (+11.4%)	0.7%	$72.24	—	COMMON STOCK	929042109
IRM	IRON MOUNTAIN INC	89,500 (+15.5%)	$2,852 (+17.6%)	0.5%	$22.66	+5.7%	COMMON STOCK	46284V101
CSCO	CISCO SYSTEMS INC	117,500 (+6.3%)	$5,635 (-6.8%)	0.9%	$36.19	+6.5%	COMMON STOCK	17275R102
ESRT	EMPIRE STATE REALTY TRUST-A	71,000 (+65.1%)	$991 (+55.6%)	0.2%	$16.12	—	COMMON STOCK	292104106
GNL	GLOBAL NET LEASE INC	83,408 (+21.9%)	$1,692 (+26.1%)	0.3%	$19.74	—	COMMON STOCK	379378201
PFE	PFIZER INC	150,800 (+4.5%)	$5,908 (-5.5%)	1.0%	$21.30	+25.4%	COMMON STOCK	717081103
XOM	EXXON MOBIL CORP	101,200 (+5.2%)	$7,062 (-4.2%)	1.2%	$55.94	-6.9%	COMMON STOCK	30231G102
CNP	CENTERPOINT ENERGY INC	94,000 (+19.0%)	$2,563 (+13.3%)	0.4%	$24.41	-5.9%	COMMON STOCK	15189T107
MNST	MONSTER BEVERAGE CORP	43,500 (+11.5%)	$2,764 (+11.0%)	0.5%	$30.05	-2.3%	COMMON STOCK	61174X109
EPR	EPR PROPERTIES	39,300 (+14.6%)	$2,776 (+8.5%)	0.5%	$57.77	—	COMMON STOCK	26884U109
STAG	STAG INDUSTRIAL INC	67,380 (+6.1%)	$2,127 (+10.8%)	0.3%	$20.30	—	COMMON STOCK	85254J102
FFIV	F5 NETWORKS INC	15,700 (+14.6%)	$2,193 (+9.9%)	0.4%	$113.00	+24.7%	COMMON STOCK	315616102
REG	REGENCY CENTERS CORP	34,500 (+13.1%)	$2,177 (+6.9%)	0.4%	$47.18	+7.7%	COMMON STOCK	758849103
EXC	EXELON CORP	65,000 (+8.3%)	$2,963 (+3.0%)	0.5%	$26.68	-2.5%	COMMON STOCK	30161N101

Exited Positions (24)

— HCP INC 0.6%

Value ($000) $3,409 Shares 106,593 Est. Cost $39.87 Unrealized —

CSX CSX CORP 0.5%

Value ($000) $3,311 Shares 42,800 Est. Cost $16.81 Unrealized +29.6%

SO SOUTHERN CO/THE 0.5%

Value ($000) $3,300 Shares 59,700 Est. Cost $27.55 Unrealized +77.5%

— CELGENE CORP 0.5%

Value ($000) $3,051 Shares 33,000 Est. Cost $89.50 Unrealized —

FAST FASTENAL CO 0.4%

Value ($000) $2,607 Shares 80,000 Est. Cost $12.60 Unrealized +21.4%

KLAC KLA-TENCOR CORP 0.4%

Value ($000) $2,524 Shares 21,350 Est. Cost $84.23 Unrealized +84.9%

LEA LEAR CORP 0.4%

Value ($000) $2,507 Shares 18,000 Est. Cost $122.24 Unrealized -10.5%

NTRS NORTHERN TRUST CORP 0.4%

Value ($000) $2,430 Shares 27,000 Est. Cost $75.01 Unrealized +12.7%

— TORCHMARK CORP 0.4%

Value ($000) $2,344 Shares 26,200 Est. Cost $56.38 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.4%

Value ($000) $2,326 Shares 14,200 Est. Cost $85.80 Unrealized +94.0%

RL RALPH LAUREN CORP 0.4%

Value ($000) $2,272 Shares 20,000 Est. Cost $105.20 Unrealized -10.9%

SWKS SKYWORKS SOLUTIONS INC 0.4%

Value ($000) $2,210 Shares 28,600 Est. Cost $64.20 Unrealized +32.1%

NTAP NETAPP INC 0.4%

Value ($000) $2,160 Shares 35,000 Est. Cost $57.90 Unrealized -14.8%

WAT WATERS CORP 0.4%

Value ($000) $2,152 Shares 10,000 Est. Cost $227.86 Unrealized -3.1%

— ETRADE FINANCIAL CORP 0.3%

Value ($000) $2,141 Shares 48,000 Est. Cost $44.60 Unrealized —

CHRW C.H. ROBINSON WORLDWIDE INC 0.3%

Value ($000) $2,109 Shares 25,000 Est. Cost $74.46 Unrealized -7.8%

AOS SMITH (A.O.) CORP 0.3%

Value ($000) $2,084 Shares 44,200 Est. Cost $52.56 Unrealized -17.6%

— CDK GLOBAL INC 0.3%

Value ($000) $1,835 Shares 37,125 Est. Cost $71.27 Unrealized —

— CHESAPEAKE LODGING TRUST 0.2%

Value ($000) $952 Shares 33,500 Est. Cost $22.49 Unrealized —

— WEINGARTEN REALTY INVESTORS 0.1%

Value ($000) $804 Shares 29,336 Est. Cost $30.78 Unrealized —

EGP EASTGROUP PROPERTIES INC 0.1%

Value ($000) $719 Shares 6,200 Est. Cost $57.86 Unrealized —

— RPT REALTY 0.1%

Value ($000) $554 Shares 45,782 Est. Cost $11.95 Unrealized —

SHO SUNSTONE HOTEL INVESTORS INC 0.1%

Value ($000) $411 Shares 30,000 Est. Cost $15.23 Unrealized —

FPI FARMLAND PARTNERS INC 0.0%

Value ($000) $91 Shares 12,900 Est. Cost $8.34 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	HCP INC	106,593	$3,409	0.6%	$39.87	—	—	40414L109
CSX	CSX CORP	42,800	$3,311	0.5%	$16.81	+29.6%	—	126408103
SO	SOUTHERN CO/THE	59,700	$3,300	0.5%	$27.55	+77.5%	—	842587107
—	CELGENE CORP	33,000	$3,051	0.5%	$89.50	—	—	151020104
FAST	FASTENAL CO	80,000	$2,607	0.4%	$12.60	+21.4%	—	311900104
KLAC	KLA-TENCOR CORP	21,350	$2,524	0.4%	$84.23	+84.9%	—	482480100
LEA	LEAR CORP	18,000	$2,507	0.4%	$122.24	-10.5%	—	521865204
NTRS	NORTHERN TRUST CORP	27,000	$2,430	0.4%	$75.01	+12.7%	—	665859104
—	TORCHMARK CORP	26,200	$2,344	0.4%	$56.38	—	—	891027104
ROK	ROCKWELL AUTOMATION INC	14,200	$2,326	0.4%	$85.80	+94.0%	—	773903109
RL	RALPH LAUREN CORP	20,000	$2,272	0.4%	$105.20	-10.9%	—	751212101
SWKS	SKYWORKS SOLUTIONS INC	28,600	$2,210	0.4%	$64.20	+32.1%	—	83088M102
NTAP	NETAPP INC	35,000	$2,160	0.4%	$57.90	-14.8%	—	64110D104
WAT	WATERS CORP	10,000	$2,152	0.4%	$227.86	-3.1%	—	941848103
—	ETRADE FINANCIAL CORP	48,000	$2,141	0.3%	$44.60	—	—	269246401
CHRW	C.H. ROBINSON WORLDWIDE INC	25,000	$2,109	0.3%	$74.46	-7.8%	—	12541W209
AOS	SMITH (A.O.) CORP	44,200	$2,084	0.3%	$52.56	-17.6%	—	831865209
—	CDK GLOBAL INC	37,125	$1,835	0.3%	$71.27	—	—	12508E101
—	CHESAPEAKE LODGING TRUST	33,500	$952	0.2%	$22.49	—	—	165240102
—	WEINGARTEN REALTY INVESTORS	29,336	$804	0.1%	$30.78	—	—	948741103
EGP	EASTGROUP PROPERTIES INC	6,200	$719	0.1%	$57.86	—	—	277276101
—	RPT REALTY	45,782	$554	0.1%	$11.95	—	—	74971D101
SHO	SUNSTONE HOTEL INVESTORS INC	30,000	$411	0.1%	$15.23	—	—	867892101
FPI	FARMLAND PARTNERS INC	12,900	$91	0.0%	$8.34	—	—	31154R109

Decreased Positions (26)

AAPL APPLE INC 2.6%

Value ($000) $15,864 (+30.4%) Shares 54,025 (-12.1%) Est. Cost $24.56 Unrealized +152.5%

CDP CORPORATE OFFICE PROPERTIES 0.2%

Value ($000) $1,087 (-48.5%) Shares 37,000 (-53.8%) Est. Cost $25.84 Unrealized —

TGT TARGET CORP 0.6%

Value ($000) $3,551 (+24.2%) Shares 27,700 (-16.1%) Est. Cost $67.73 Unrealized +47.4%

SHW SHERWIN-WILLIAMS CO/THE 0.6%

Value ($000) $3,414 (+20.2%) Shares 5,850 (-5.6%) Est. Cost $140.92 Unrealized +28.2%

PEB PEBBLEBROOK HOTEL TRUST 0.0%

Value ($000) $239 (-64.5%) Shares 8,911 (-62.7%) Est. Cost $28.31 Unrealized —

WU WESTERN UNION CO 0.4%

Value ($000) $2,598 (+18.7%) Shares 97,000 (-11.8%) Est. Cost $19.89 Unrealized —

EQR EQUITY RESIDENTIAL 0.7%

Value ($000) $4,334 (-8.4%) Shares 53,556 (-14.1%) Est. Cost $36.60 Unrealized +83.1%

— A SITE CENTER REIT 0.1%

Value ($000) $343 (-52.5%) Shares 24,500 (-55.0%) Est. Cost $17.90 Unrealized —

— QTS REALTY TRUST INC-CL A 0.1%

Value ($000) $733 (-33.8%) Shares 13,500 (-43.8%) Est. Cost $44.52 Unrealized —

AHRT ARMADA HOFFLER PROPERTIES IN 0.1%

Value ($000) $618 (-34.1%) Shares 33,700 (-40.6%) Est. Cost $14.30 Unrealized —

— INGERSOLL-RAND PLC 0.5%

Value ($000) $2,924 (-9.1%) Shares 22,000 (-13.4%) Est. Cost $77.16 Unrealized —

UDR UDR INC 0.4%

Value ($000) $2,305 (-10.5%) Shares 49,367 (-13.9%) Est. Cost $20.29 Unrealized +88.3%

AVB AVALONBAY COMMUNITIES INC 0.8%

Value ($000) $4,806 (-5.1%) Shares 22,920 (-8.0%) Est. Cost $94.98 Unrealized +81.6%

HSY HERSHEY CO/THE 0.5%

Value ($000) $2,910 (-7.6%) Shares 19,800 (-15.7%) Est. Cost $73.25 Unrealized +75.4%

KIM KIMCO REALTY CORP 0.1%

Value ($000) $844 (-20.9%) Shares 40,731 (-29.4%) Est. Cost $12.61 Unrealized +26.3%

SPGI SandP GLOBAL INC 0.6%

Value ($000) $3,632 (+6.3%) Shares 13,300 (-11.3%) Est. Cost $96.34 Unrealized +156.2%

BBY BEST BUY CO INC 0.5%

Value ($000) $2,871 (+6.9%) Shares 32,700 (-15.1%) Est. Cost $40.74 Unrealized +47.0%

KRG KITE REALTY GROUP TRUST 0.1%

Value ($000) $762 (-17.4%) Shares 39,000 (-36.1%) Est. Cost $24.57 Unrealized —

CDW CDW CORP/DE 0.5%

Value ($000) $2,943 (+5.6%) Shares 20,600 (-17.9%) Est. Cost $79.14 Unrealized +55.2%

ZTS ZOETIS INC 0.6%

Value ($000) $3,732 (+3.4%) Shares 28,200 (-11.3%) Est. Cost $74.07 Unrealized +59.4%

AZO AUTOZONE INC 0.5%

Value ($000) $2,859 (-3.7%) Shares 2,400 (-11.1%) Est. Cost $715.82 Unrealized +61.3%

AMP AMERIPRISE FINANCIAL INC 0.5%

Value ($000) $2,765 (+3.0%) Shares 16,600 (-10.3%) Est. Cost $107.25 Unrealized +30.0%

MAA MID-AMERICA APARTMENT COMM 0.6%

Value ($000) $3,895 (+1.0%) Shares 29,540 (-9.8%) Est. Cost $65.95 Unrealized +64.8%

— CYRUSONE INC 0.4%

Value ($000) $2,519 (-1.5%) Shares 38,500 (-13.1%) Est. Cost $49.32 Unrealized —

MAS MASCO CORP 0.4%

Value ($000) $2,697 (+0.8%) Shares 56,200 (-17.6%) Est. Cost $33.12 Unrealized +23.9%

CTAS CINTAS CORP 0.5%

Value ($000) $2,852 (+0.2%) Shares 10,600 (-11.7%) Est. Cost $47.83 Unrealized +29.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	54,025 (-12.1%)	$15,864 (+30.4%)	2.6%	$24.56	+152.5%	COMMON STOCK	037833100
CDP	CORPORATE OFFICE PROPERTIES	37,000 (-53.8%)	$1,087 (-48.5%)	0.2%	$25.84	—	COMMON STOCK	22002T108
TGT	TARGET CORP	27,700 (-16.1%)	$3,551 (+24.2%)	0.6%	$67.73	+47.4%	COMMON STOCK	87612E106
SHW	SHERWIN-WILLIAMS CO/THE	5,850 (-5.6%)	$3,414 (+20.2%)	0.6%	$140.92	+28.2%	COMMON STOCK	824348106
PEB	PEBBLEBROOK HOTEL TRUST	8,911 (-62.7%)	$239 (-64.5%)	0.0%	$28.31	—	COMMON STOCK	70509V100
WU	WESTERN UNION CO	97,000 (-11.8%)	$2,598 (+18.7%)	0.4%	$19.89	—	COMMON STOCK	959802109
EQR	EQUITY RESIDENTIAL	53,556 (-14.1%)	$4,334 (-8.4%)	0.7%	$36.60	+83.1%	COMMON STOCK	29476L107
—	A SITE CENTER REIT	24,500 (-55.0%)	$343 (-52.5%)	0.1%	$17.90	—	COMMON STOCK	23317H854
—	QTS REALTY TRUST INC-CL A	13,500 (-43.8%)	$733 (-33.8%)	0.1%	$44.52	—	COMMON STOCK	74736A103
AHRT	ARMADA HOFFLER PROPERTIES IN	33,700 (-40.6%)	$618 (-34.1%)	0.1%	$14.30	—	COMMON STOCK	04208T108
—	INGERSOLL-RAND PLC	22,000 (-13.4%)	$2,924 (-9.1%)	0.5%	$77.16	—	COMMON STOCK	000000000
UDR	UDR INC	49,367 (-13.9%)	$2,305 (-10.5%)	0.4%	$20.29	+88.3%	COMMON STOCK	902653104
AVB	AVALONBAY COMMUNITIES INC	22,920 (-8.0%)	$4,806 (-5.1%)	0.8%	$94.98	+81.6%	COMMON STOCK	053484101
HSY	HERSHEY CO/THE	19,800 (-15.7%)	$2,910 (-7.6%)	0.5%	$73.25	+75.4%	COMMON STOCK	427866108
KIM	KIMCO REALTY CORP	40,731 (-29.4%)	$844 (-20.9%)	0.1%	$12.61	+26.3%	COMMON STOCK	49446R109
SPGI	SandP GLOBAL INC	13,300 (-11.3%)	$3,632 (+6.3%)	0.6%	$96.34	+156.2%	COMMON STOCK	78409V104
BBY	BEST BUY CO INC	32,700 (-15.1%)	$2,871 (+6.9%)	0.5%	$40.74	+47.0%	COMMON STOCK	086516101
KRG	KITE REALTY GROUP TRUST	39,000 (-36.1%)	$762 (-17.4%)	0.1%	$24.57	—	COMMON STOCK	49803T300
CDW	CDW CORP/DE	20,600 (-17.9%)	$2,943 (+5.6%)	0.5%	$79.14	+55.2%	COMMON STOCK	12514G108
ZTS	ZOETIS INC	28,200 (-11.3%)	$3,732 (+3.4%)	0.6%	$74.07	+59.4%	COMMON STOCK	98978V103
AZO	AUTOZONE INC	2,400 (-11.1%)	$2,859 (-3.7%)	0.5%	$715.82	+61.3%	COMMON STOCK	053332102
AMP	AMERIPRISE FINANCIAL INC	16,600 (-10.3%)	$2,765 (+3.0%)	0.5%	$107.25	+30.0%	COMMON STOCK	03076C106
MAA	MID-AMERICA APARTMENT COMM	29,540 (-9.8%)	$3,895 (+1.0%)	0.6%	$65.95	+64.8%	COMMON STOCK	59522J103
—	CYRUSONE INC	38,500 (-13.1%)	$2,519 (-1.5%)	0.4%	$49.32	—	COMMON STOCK	23283R100
MAS	MASCO CORP	56,200 (-17.6%)	$2,697 (+0.8%)	0.4%	$33.12	+23.9%	COMMON STOCK	574599106
CTAS	CINTAS CORP	10,600 (-11.7%)	$2,852 (+0.2%)	0.5%	$47.83	+29.4%	COMMON STOCK	172908105

Unchanged Positions (126)

MSFT MICROSOFT CORP 2.3%

Value ($000) $14,386 Shares 91,225 Est. Cost $33.54 Unrealized +315.1%

AMGN AMGEN INC 0.9%

Value ($000) $5,352 Shares 22,200 Est. Cost $156.54 Unrealized +16.7%

UNH UNITEDHEALTH GROUP INC 1.2%

Value ($000) $7,144 Shares 24,300 Est. Cost $233.60 Unrealized +1.3%

HUM HUMANA INC 0.6%

Value ($000) $3,702 Shares 10,100 Est. Cost $270.84 Unrealized +10.9%

SPG SIMON PROPERTY GROUP INC 2.0%

Value ($000) $12,276 Shares 82,408 Est. Cost $96.12 Unrealized +10.8%

ABBV ABBVIE INC 0.8%

Value ($000) $4,967 Shares 56,100 Est. Cost $59.38 Unrealized +8.8%

PLD PROLOGIS INC 1.4%

Value ($000) $8,581 Shares 96,265 Est. Cost $32.36 Unrealized +130.8%

MA MASTERCARD INC - A 1.2%

Value ($000) $7,315 Shares 24,500 Est. Cost $89.14 Unrealized +205.8%

BIIB BIOGEN INC 0.5%

Value ($000) $3,323 Shares 11,200 Est. Cost $230.43 Unrealized +20.4%

LLY ELI LILLY and CO 0.7%

Value ($000) $4,206 Shares 32,000 Est. Cost $108.01 Unrealized -0.4%

LOW LOWE'S COS INC 0.7%

Value ($000) $4,120 Shares 34,400 Est. Cost $56.94 Unrealized +79.8%

SYY SYSCO CORP 0.6%

Value ($000) $3,447 Shares 40,300 Est. Cost $55.45 Unrealized +23.5%

V VISA INC-CLASS A SHARES 1.3%

Value ($000) $7,779 Shares 41,400 Est. Cost $70.84 Unrealized +143.6%

ITW ILLINOIS TOOL WORKS 0.6%

Value ($000) $3,611 Shares 20,100 Est. Cost $68.35 Unrealized +114.0%

— LIBERTY PROPERTY TRUST 0.5%

Value ($000) $3,369 Shares 56,096 Est. Cost $37.54 Unrealized —

GWW WW GRAINGER INC 0.4%

Value ($000) $2,640 Shares 7,800 Est. Cost $239.72 Unrealized +22.8%

PSA PUBLIC STORAGE 0.7%

Value ($000) $4,488 Shares 21,074 Est. Cost $97.16 Unrealized +75.9%

ORLY O'REILLY AUTOMOTIVE INC 0.5%

Value ($000) $3,243 Shares 7,400 Est. Cost $16.91 Unrealized +69.1%

MRK MERCK and CO. INC. 1.1%

Value ($000) $6,457 Shares 71,000 Est. Cost $62.14 Unrealized +8.7%

TJX TJX COMPANIES INC 0.6%

Value ($000) $3,700 Shares 60,600 Est. Cost $37.64 Unrealized +45.0%

ROST ROSS STORES INC 0.5%

Value ($000) $3,236 Shares 27,800 Est. Cost $38.23 Unrealized +177.0%

TXN TEXAS INSTRUMENTS INC 0.7%

Value ($000) $4,413 Shares 34,400 Est. Cost $40.51 Unrealized +156.1%

VZ VERIZON COMMUNICATIONS INC 1.1%

Value ($000) $6,631 Shares 108,000 Est. Cost $38.65 Unrealized +10.7%

DG DOLLAR GENERAL CORP 0.6%

Value ($000) $3,432 Shares 22,000 Est. Cost $77.43 Unrealized +88.5%

USB US BANCORP 0.6%

Value ($000) $3,925 Shares 66,200 Est. Cost $39.05 Unrealized +13.5%

CUZ COUSINS PROPERTIES INC 0.6%

Value ($000) $3,542 Shares 85,977 Est. Cost $36.17 Unrealized —

BRX BRIXMOR PROPERTY GROUP INC 0.4%

Value ($000) $2,399 Shares 111,000 Est. Cost $25.62 Unrealized —

SEIC SEI INVESTMENTS COMPANY 0.5%

Value ($000) $2,868 Shares 43,800 Est. Cost $46.08 Unrealized +24.1%

PPG PPG INDUSTRIES INC 0.5%

Value ($000) $3,164 Shares 23,700 Est. Cost $91.06 Unrealized +23.6%

— ALLEGHANY CORP 0.4%

Value ($000) $2,639 Shares 3,300 Est. Cost $623.33 Unrealized —

PPL PPL CORP 0.5%

Value ($000) $2,870 Shares 80,000 Est. Cost $25.40 Unrealized +2.0%

EMR EMERSON ELECTRIC CO 0.5%

Value ($000) $3,066 Shares 40,200 Est. Cost $49.23 Unrealized +27.6%

TSCO TRACTOR SUPPLY COMPANY 0.4%

Value ($000) $2,317 Shares 24,800 Est. Cost $12.36 Unrealized +39.4%

MRSH MARSH and MCLENNAN COS 0.6%

Value ($000) $3,587 Shares 32,200 Est. Cost $47.89 Unrealized +98.5%

HLT HILTON WORLDWIDE HOLDINGS IN 0.5%

Value ($000) $2,995 Shares 27,000 Est. Cost $89.15 Unrealized +10.9%

CE CELANESE CORP-SERIES A 0.5%

Value ($000) $2,832 Shares 23,000 Est. Cost $91.40 Unrealized +20.1%

FE FIRSTENERGY CORP 0.5%

Value ($000) $2,916 Shares 60,000 Est. Cost $30.02 Unrealized +23.5%

ARE ALEXANDRIA REAL ESTATE EQUIT 0.4%

Value ($000) $2,731 Shares 16,900 Est. Cost $45.03 Unrealized +175.7%

— BOOKING HOLDINGS INC 0.6%

Value ($000) $3,902 Shares 1,900 Est. Cost $1984.21 Unrealized —

AVY AVERY DENNISON CORP 0.5%

Value ($000) $2,852 Shares 21,800 Est. Cost $61.60 Unrealized +84.3%

ALL ALLSTATE CORP 0.5%

Value ($000) $3,261 Shares 29,000 Est. Cost $55.91 Unrealized +68.5%

LII LENNOX INTERNATIONAL INC 0.4%

Value ($000) $2,440 Shares 10,000 Est. Cost $184.49 Unrealized +24.6%

HD HOME DEPOT INC 1.1%

Value ($000) $6,486 Shares 29,700 Est. Cost $62.49 Unrealized +212.1%

GLPI GAMING AND LEISURE PROPERTIE 0.5%

Value ($000) $3,229 Shares 75,000 Est. Cost $31.62 Unrealized —

HIW HIGHWOODS PROPERTIES INC 0.3%

Value ($000) $1,947 Shares 39,802 Est. Cost $36.31 Unrealized —

— CITRIX SYSTEMS INC 0.4%

Value ($000) $2,440 Shares 22,000 Est. Cost $111.18 Unrealized —

YUM YUM! BRANDS INC 0.5%

Value ($000) $2,780 Shares 27,600 Est. Cost $64.74 Unrealized +42.7%

— HUDSON PACIFIC PROPERTIES IN 0.4%

Value ($000) $2,278 Shares 60,500 Est. Cost $33.35 Unrealized —

DRI DARDEN RESTAURANTS INC 0.4%

Value ($000) $2,257 Shares 20,700 Est. Cost $88.06 Unrealized +8.8%

BDN BRANDYWINE REALTY TRUST 0.5%

Value ($000) $2,857 Shares 181,400 Est. Cost $13.48 Unrealized —

TRV TRAVELERS COS INC/THE 0.5%

Value ($000) $2,794 Shares 20,400 Est. Cost $91.51 Unrealized +30.4%

— HEALTHCARE TRUST OF AME-CL A 0.4%

Value ($000) $2,574 Shares 85,000 Est. Cost $25.31 Unrealized —

MCD MCDONALD'S CORP 0.8%

Value ($000) $4,743 Shares 24,000 Est. Cost $150.38 Unrealized +14.3%

EBAY EBAY INC 0.4%

Value ($000) $2,564 Shares 71,000 Est. Cost $33.63 Unrealized -2.9%

RHI ROBERT HALF INTL INC 0.4%

Value ($000) $2,412 Shares 38,200 Est. Cost $55.14 Unrealized +5.3%

D DOMINION ENERGY INC 0.6%

Value ($000) $3,429 Shares 41,400 Est. Cost $46.36 Unrealized +34.6%

ELV ANTHEM INC 0.6%

Value ($000) $3,451 Shares 11,425 Est. Cost $261.99 Unrealized -3.3%

PEP PEPSICO INC 0.9%

Value ($000) $5,535 Shares 40,500 Est. Cost $81.72 Unrealized +38.0%

ILPT INDUSTRIAL LOGISTICS PROPERT 0.5%

Value ($000) $3,126 Shares 139,415 Est. Cost $20.86 Unrealized —

HIG HARTFORD FINANCIAL SVCS GRP 0.4%

Value ($000) $2,674 Shares 44,000 Est. Cost $45.59 Unrealized +14.8%

SBUX STARBUCKS CORP 0.7%

Value ($000) $4,502 Shares 51,200 Est. Cost $33.68 Unrealized +121.1%

MSCI MSCI INC 0.4%

Value ($000) $2,711 Shares 10,500 Est. Cost $209.74 Unrealized +9.4%

OPITQ OFFICE PROPERTIES INCOME TRUST 0.2%

Value ($000) $1,051 Shares 32,708 Est. Cost $27.64 Unrealized —

SBRA SABRA HEALTH CARE REIT INC 0.4%

Value ($000) $2,476 Shares 116,030 Est. Cost $22.67 Unrealized —

MTD METTLER-TOLEDO INTERNATIONAL 0.5%

Value ($000) $2,856 Shares 3,600 Est. Cost $316.01 Unrealized +128.5%

AFG AMERICAN FINANCIAL GROUP INC 0.4%

Value ($000) $2,412 Shares 22,000 Est. Cost $51.58 Unrealized +15.8%

— TAUBMAN CENTERS INC 0.1%

Value ($000) $497 Shares 16,000 Est. Cost $71.25 Unrealized —

MAC MACERICH CO/THE 0.1%

Value ($000) $633 Shares 23,507 Est. Cost $60.58 Unrealized —

— VEREIT INC 1.0%

Value ($000) $5,849 Shares 633,000 Est. Cost $8.88 Unrealized —

BXP BOSTON PROPERTIES INC 0.4%

Value ($000) $2,263 Shares 16,417 Est. Cost $64.00 Unrealized +55.1%

— MONMOUTH REAL ESTATE INV COR 0.3%

Value ($000) $2,071 Shares 143,000 Est. Cost $14.48 Unrealized —

— DUKE REALTY CORP 0.2%

Value ($000) $1,318 Shares 38,024 Est. Cost $17.58 Unrealized —

SKT TANGER FACTORY OUTLET CENTER 0.2%

Value ($000) $1,149 Shares 78,000 Est. Cost $32.33 Unrealized —

— PREFERRED APARTMENT COMMUN-A 0.2%

Value ($000) $932 Shares 70,000 Est. Cost $16.38 Unrealized —

CUBE CUBESMART 0.3%

Value ($000) $1,826 Shares 58,000 Est. Cost $29.19 Unrealized —

IBM INTL BUSINESS MACHINES CORP 0.6%

Value ($000) $3,927 Shares 29,300 Est. Cost $101.76 Unrealized -1.8%

ADP AUTOMATIC DATA PROCESSING 0.6%

Value ($000) $3,717 Shares 21,800 Est. Cost $107.77 Unrealized +34.6%

AFL AFLAC INC 0.5%

Value ($000) $3,010 Shares 56,900 Est. Cost $27.96 Unrealized +64.0%

AGNC AGNC INVESTMENT CORP 0.4%

Value ($000) $2,254 Shares 127,500 Est. Cost $18.59 Unrealized —

KMB KIMBERLY-CLARK CORP 0.6%

Value ($000) $3,439 Shares 25,000 Est. Cost $96.22 Unrealized +13.1%

RGA REINSURANCE GROUP OF AMERICA 0.4%

Value ($000) $2,446 Shares 15,000 Est. Cost $143.96 Unrealized +12.4%

L LOEWS CORP 0.4%

Value ($000) $2,509 Shares 47,800 Est. Cost $45.06 Unrealized +9.1%

MSI MOTOROLA SOLUTIONS INC 0.5%

Value ($000) $2,772 Shares 17,200 Est. Cost $99.23 Unrealized +53.0%

BR BROADRIDGE FINANCIAL SOLUTIO 0.4%

Value ($000) $2,706 Shares 21,900 Est. Cost $67.28 Unrealized +63.6%

PAYX PAYCHEX INC 0.4%

Value ($000) $2,718 Shares 31,950 Est. Cost $34.10 Unrealized +107.3%

— Colony Capital Inc 0.3%

Value ($000) $1,630 Shares 343,163 Est. Cost $7.77 Unrealized —

INVH INVITATION HOMES INC 0.1%

Value ($000) $774 Shares 25,824 Est. Cost $18.66 Unrealized +34.6%

— APARTMENT INVT and MGMT CO -A 0.4%

Value ($000) $2,661 Shares 51,525 Est. Cost $50.29 Unrealized —

ESS ESSEX PROPERTY TRUST INC 0.4%

Value ($000) $2,648 Shares 8,800 Est. Cost $127.99 Unrealized +98.2%

NHI NATL HEALTH INVESTORS INC 0.3%

Value ($000) $1,793 Shares 22,000 Est. Cost $75.49 Unrealized —

DLR DIGITAL REALTY TRUST INC 0.7%

Value ($000) $4,496 Shares 37,550 Est. Cost $45.32 Unrealized +119.4%

SYK STRYKER CORP 0.6%

Value ($000) $3,506 Shares 16,700 Est. Cost $154.78 Unrealized +25.5%

— ANNALY CAPITAL MANAGEMENT IN 0.4%

Value ($000) $2,355 Shares 250,000 Est. Cost $9.13 Unrealized —

EXPD EXPEDITORS INTL WASH INC 0.4%

Value ($000) $2,450 Shares 31,400 Est. Cost $58.41 Unrealized +19.1%

MMM 3M CO 0.6%

Value ($000) $3,828 Shares 21,700 Est. Cost $76.52 Unrealized +46.0%

BAX BAXTER INTERNATIONAL INC 0.5%

Value ($000) $3,010 Shares 36,000 Est. Cost $68.49 Unrealized +7.1%

HST HOST HOTELS and RESORTS INC 0.6%

Value ($000) $3,413 Shares 183,998 Est. Cost $10.94 Unrealized +26.8%

KW KENNEDY-WILSON HOLDINGS INC 0.1%

Value ($000) $760 Shares 34,081 Est. Cost $18.95 Unrealized +18.2%

— UNITI GROUP INC 0.1%

Value ($000) $369 Shares 45,000 Est. Cost $16.25 Unrealized —

FSP FRANKLIN STREET PROPERTIES C 0.1%

Value ($000) $385 Shares 45,000 Est. Cost $8.56 Unrealized —

CPT CAMDEN PROPERTY TRUST 0.5%

Value ($000) $3,222 Shares 30,369 Est. Cost $49.07 Unrealized +82.8%

— AMERICAN CAMPUS COMMUNITIES 0.5%

Value ($000) $2,822 Shares 60,000 Est. Cost $39.53 Unrealized —

SNA SNAP-ON INC 0.4%

Value ($000) $2,287 Shares 13,500 Est. Cost $124.36 Unrealized +11.6%

— SERVICE PROPERTIES TRUST 0.3%

Value ($000) $1,787 Shares 73,434 Est. Cost $27.41 Unrealized —

— NEW SENIOR INVESTMENT GROUP 0.1%

Value ($000) $405 Shares 53,000 Est. Cost $10.30 Unrealized —

INN SUMMIT HOTEL PROPERTIES INC 0.1%

Value ($000) $605 Shares 49,000 Est. Cost $14.07 Unrealized —

WM WASTE MANAGEMENT INC 0.5%

Value ($000) $3,271 Shares 28,700 Est. Cost $72.68 Unrealized +40.5%

— HERSHA HOSPITALITY TRUST 0.0%

Value ($000) $291 Shares 20,000 Est. Cost $21.45 Unrealized —

— SENIOR HOUSING PROP TRUST 0.3%

Value ($000) $1,680 Shares 199,100 Est. Cost $16.55 Unrealized —

DRH DIAMONDROCK HOSPITALITY CO 0.1%

Value ($000) $421 Shares 38,000 Est. Cost $9.10 Unrealized —

OMC OMNICOM GROUP 0.4%

Value ($000) $2,269 Shares 28,000 Est. Cost $57.22 Unrealized +9.3%

— HEALTHCARE REALTY TRUST INC 0.1%

Value ($000) $356 Shares 10,682 Est. Cost $25.50 Unrealized —

WELL WELLTOWER INC 0.8%

Value ($000) $4,903 Shares 59,953 Est. Cost $44.28 Unrealized +60.6%

— PEOPLE'S UNITED FINANCIAL 0.3%

Value ($000) $2,096 Shares 124,000 Est. Cost $17.12 Unrealized —

— COLUMBIA PROPERTY TRUST INC 0.3%

Value ($000) $1,798 Shares 86,000 Est. Cost $22.21 Unrealized —

CLDT CHATHAM LODGING TRUST 0.1%

Value ($000) $477 Shares 26,000 Est. Cost $19.15 Unrealized —

MAN MANPOWERGROUP INC 0.4%

Value ($000) $2,330 Shares 24,000 Est. Cost $91.10 Unrealized +0.5%

APLE APPLE HOSPITALITY REIT INC 0.1%

Value ($000) $488 Shares 30,000 Est. Cost $14.27 Unrealized —

VRE MACK-CALI REALTY CORP 0.3%

Value ($000) $1,619 Shares 70,000 Est. Cost $21.91 Unrealized —

INTU INTUIT INC 0.5%

Value ($000) $3,333 Shares 12,725 Est. Cost $97.25 Unrealized +158.6%

CLX CLOROX COMPANY 0.4%

Value ($000) $2,380 Shares 15,500 Est. Cost $125.69 Unrealized -0.9%

— CERNER CORP 0.4%

Value ($000) $2,495 Shares 34,000 Est. Cost $73.29 Unrealized —

IEX IDEX CORP 0.4%

Value ($000) $2,718 Shares 15,800 Est. Cost $122.75 Unrealized +22.4%

RLJ RLJ LODGING TRUST 0.2%

Value ($000) $1,403 Shares 79,200 Est. Cost $23.24 Unrealized —

RMR RMR GROUP INC/THE - A 0.0%

Value ($000) $70 Shares 1,531 Est. Cost $7.12 Unrealized +263.6%

— CBL and ASSOCIATES PROPERTIES 0.0%

Value ($000) $96 Shares 91,000 Est. Cost $9.31 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	91,225	$14,386	2.3%	$33.54	+315.1%	COMMON STOCK	594918104
AMGN	AMGEN INC	22,200	$5,352	0.9%	$156.54	+16.7%	COMMON STOCK	031162100
UNH	UNITEDHEALTH GROUP INC	24,300	$7,144	1.2%	$233.60	+1.3%	COMMON STOCK	91324P102
HUM	HUMANA INC	10,100	$3,702	0.6%	$270.84	+10.9%	COMMON STOCK	444859102
SPG	SIMON PROPERTY GROUP INC	82,408	$12,276	2.0%	$96.12	+10.8%	COMMON STOCK	828806109
ABBV	ABBVIE INC	56,100	$4,967	0.8%	$59.38	+8.8%	COMMON STOCK	00287Y109
PLD	PROLOGIS INC	96,265	$8,581	1.4%	$32.36	+130.8%	COMMON STOCK	74340W103
MA	MASTERCARD INC - A	24,500	$7,315	1.2%	$89.14	+205.8%	COMMON STOCK	57636Q104
BIIB	BIOGEN INC	11,200	$3,323	0.5%	$230.43	+20.4%	COMMON STOCK	09062X103
LLY	ELI LILLY and CO	32,000	$4,206	0.7%	$108.01	-0.4%	COMMON STOCK	532457108
LOW	LOWE'S COS INC	34,400	$4,120	0.7%	$56.94	+79.8%	COMMON STOCK	548661107
SYY	SYSCO CORP	40,300	$3,447	0.6%	$55.45	+23.5%	COMMON STOCK	871829107
V	VISA INC-CLASS A SHARES	41,400	$7,779	1.3%	$70.84	+143.6%	COMMON STOCK	92826C839
ITW	ILLINOIS TOOL WORKS	20,100	$3,611	0.6%	$68.35	+114.0%	COMMON STOCK	452308109
—	LIBERTY PROPERTY TRUST	56,096	$3,369	0.5%	$37.54	—	COMMON STOCK	531172104
GWW	WW GRAINGER INC	7,800	$2,640	0.4%	$239.72	+22.8%	COMMON STOCK	384802104
PSA	PUBLIC STORAGE	21,074	$4,488	0.7%	$97.16	+75.9%	COMMON STOCK	74460D109
ORLY	O'REILLY AUTOMOTIVE INC	7,400	$3,243	0.5%	$16.91	+69.1%	COMMON STOCK	67103H107
MRK	MERCK and CO. INC.	71,000	$6,457	1.1%	$62.14	+8.7%	COMMON STOCK	58933Y105
TJX	TJX COMPANIES INC	60,600	$3,700	0.6%	$37.64	+45.0%	COMMON STOCK	872540109
ROST	ROSS STORES INC	27,800	$3,236	0.5%	$38.23	+177.0%	COMMON STOCK	778296103
TXN	TEXAS INSTRUMENTS INC	34,400	$4,413	0.7%	$40.51	+156.1%	COMMON STOCK	882508104
VZ	VERIZON COMMUNICATIONS INC	108,000	$6,631	1.1%	$38.65	+10.7%	COMMON STOCK	92343V104
DG	DOLLAR GENERAL CORP	22,000	$3,432	0.6%	$77.43	+88.5%	COMMON STOCK	256677105
USB	US BANCORP	66,200	$3,925	0.6%	$39.05	+13.5%	COMMON STOCK	902973304
CUZ	COUSINS PROPERTIES INC	85,977	$3,542	0.6%	$36.17	—	COMMON STOCK	222795502
BRX	BRIXMOR PROPERTY GROUP INC	111,000	$2,399	0.4%	$25.62	—	COMMON STOCK	11120U105
SEIC	SEI INVESTMENTS COMPANY	43,800	$2,868	0.5%	$46.08	+24.1%	COMMON STOCK	784117103
PPG	PPG INDUSTRIES INC	23,700	$3,164	0.5%	$91.06	+23.6%	COMMON STOCK	693506107
—	ALLEGHANY CORP	3,300	$2,639	0.4%	$623.33	—	COMMON STOCK	017175100
PPL	PPL CORP	80,000	$2,870	0.5%	$25.40	+2.0%	COMMON STOCK	69351T106
EMR	EMERSON ELECTRIC CO	40,200	$3,066	0.5%	$49.23	+27.6%	COMMON STOCK	291011104
TSCO	TRACTOR SUPPLY COMPANY	24,800	$2,317	0.4%	$12.36	+39.4%	COMMON STOCK	892356106
MRSH	MARSH and MCLENNAN COS	32,200	$3,587	0.6%	$47.89	+98.5%	COMMON STOCK	571748102
HLT	HILTON WORLDWIDE HOLDINGS IN	27,000	$2,995	0.5%	$89.15	+10.9%	COMMON STOCK	43300A203
CE	CELANESE CORP-SERIES A	23,000	$2,832	0.5%	$91.40	+20.1%	COMMON STOCK	150870103
FE	FIRSTENERGY CORP	60,000	$2,916	0.5%	$30.02	+23.5%	COMMON STOCK	337932107
ARE	ALEXANDRIA REAL ESTATE EQUIT	16,900	$2,731	0.4%	$45.03	+175.7%	COMMON STOCK	015271109
—	BOOKING HOLDINGS INC	1,900	$3,902	0.6%	$1984.21	—	COMMON STOCK	741503403
AVY	AVERY DENNISON CORP	21,800	$2,852	0.5%	$61.60	+84.3%	COMMON STOCK	053611109
ALL	ALLSTATE CORP	29,000	$3,261	0.5%	$55.91	+68.5%	COMMON STOCK	020002101
LII	LENNOX INTERNATIONAL INC	10,000	$2,440	0.4%	$184.49	+24.6%	COMMON STOCK	526107107
HD	HOME DEPOT INC	29,700	$6,486	1.1%	$62.49	+212.1%	COMMON STOCK	437076102
GLPI	GAMING AND LEISURE PROPERTIE	75,000	$3,229	0.5%	$31.62	—	COMMON STOCK	36467J108
HIW	HIGHWOODS PROPERTIES INC	39,802	$1,947	0.3%	$36.31	—	COMMON STOCK	431284108
—	CITRIX SYSTEMS INC	22,000	$2,440	0.4%	$111.18	—	COMMON STOCK	177376100
YUM	YUM! BRANDS INC	27,600	$2,780	0.5%	$64.74	+42.7%	COMMON STOCK	988498101
—	HUDSON PACIFIC PROPERTIES IN	60,500	$2,278	0.4%	$33.35	—	COMMON STOCK	444097109
DRI	DARDEN RESTAURANTS INC	20,700	$2,257	0.4%	$88.06	+8.8%	COMMON STOCK	237194105
BDN	BRANDYWINE REALTY TRUST	181,400	$2,857	0.5%	$13.48	—	COMMON STOCK	105368203
TRV	TRAVELERS COS INC/THE	20,400	$2,794	0.5%	$91.51	+30.4%	COMMON STOCK	89417E109
—	HEALTHCARE TRUST OF AME-CL A	85,000	$2,574	0.4%	$25.31	—	COMMON STOCK	42225P501
MCD	MCDONALD'S CORP	24,000	$4,743	0.8%	$150.38	+14.3%	COMMON STOCK	580135101
EBAY	EBAY INC	71,000	$2,564	0.4%	$33.63	-2.9%	COMMON STOCK	278642103
RHI	ROBERT HALF INTL INC	38,200	$2,412	0.4%	$55.14	+5.3%	COMMON STOCK	770323103
D	DOMINION ENERGY INC	41,400	$3,429	0.6%	$46.36	+34.6%	COMMON STOCK	25746U109
ELV	ANTHEM INC	11,425	$3,451	0.6%	$261.99	-3.3%	COMMON STOCK	036752103
PEP	PEPSICO INC	40,500	$5,535	0.9%	$81.72	+38.0%	COMMON STOCK	713448108
ILPT	INDUSTRIAL LOGISTICS PROPERT	139,415	$3,126	0.5%	$20.86	—	COMMON STOCK	456237106
HIG	HARTFORD FINANCIAL SVCS GRP	44,000	$2,674	0.4%	$45.59	+14.8%	COMMON STOCK	416515104
SBUX	STARBUCKS CORP	51,200	$4,502	0.7%	$33.68	+121.1%	COMMON STOCK	855244109
MSCI	MSCI INC	10,500	$2,711	0.4%	$209.74	+9.4%	COMMON STOCK	55354G100
OPITQ	OFFICE PROPERTIES INCOME TRUST	32,708	$1,051	0.2%	$27.64	—	COMMON STOCK	67623C109
SBRA	SABRA HEALTH CARE REIT INC	116,030	$2,476	0.4%	$22.67	—	COMMON STOCK	78573L106
MTD	METTLER-TOLEDO INTERNATIONAL	3,600	$2,856	0.5%	$316.01	+128.5%	COMMON STOCK	592688105
AFG	AMERICAN FINANCIAL GROUP INC	22,000	$2,412	0.4%	$51.58	+15.8%	COMMON STOCK	025932104
—	TAUBMAN CENTERS INC	16,000	$497	0.1%	$71.25	—	COMMON STOCK	876664103
MAC	MACERICH CO/THE	23,507	$633	0.1%	$60.58	—	COMMON STOCK	554382101
—	VEREIT INC	633,000	$5,849	1.0%	$8.88	—	COMMON STOCK	92339V100
BXP	BOSTON PROPERTIES INC	16,417	$2,263	0.4%	$64.00	+55.1%	COMMON STOCK	101121101
—	MONMOUTH REAL ESTATE INV COR	143,000	$2,071	0.3%	$14.48	—	COMMON STOCK	609720107
—	DUKE REALTY CORP	38,024	$1,318	0.2%	$17.58	—	COMMON STOCK	264411505
SKT	TANGER FACTORY OUTLET CENTER	78,000	$1,149	0.2%	$32.33	—	COMMON STOCK	875465106
—	PREFERRED APARTMENT COMMUN-A	70,000	$932	0.2%	$16.38	—	COMMON STOCK	74039L103
CUBE	CUBESMART	58,000	$1,826	0.3%	$29.19	—	COMMON STOCK	229663109
IBM	INTL BUSINESS MACHINES CORP	29,300	$3,927	0.6%	$101.76	-1.8%	COMMON STOCK	459200101
ADP	AUTOMATIC DATA PROCESSING	21,800	$3,717	0.6%	$107.77	+34.6%	COMMON STOCK	053015103
AFL	AFLAC INC	56,900	$3,010	0.5%	$27.96	+64.0%	COMMON STOCK	001055102
AGNC	AGNC INVESTMENT CORP	127,500	$2,254	0.4%	$18.59	—	COMMON STOCK	00123Q104
KMB	KIMBERLY-CLARK CORP	25,000	$3,439	0.6%	$96.22	+13.1%	COMMON STOCK	494368103
RGA	REINSURANCE GROUP OF AMERICA	15,000	$2,446	0.4%	$143.96	+12.4%	COMMON STOCK	759351604
L	LOEWS CORP	47,800	$2,509	0.4%	$45.06	+9.1%	COMMON STOCK	540424108
MSI	MOTOROLA SOLUTIONS INC	17,200	$2,772	0.5%	$99.23	+53.0%	COMMON STOCK	620076307
BR	BROADRIDGE FINANCIAL SOLUTIO	21,900	$2,706	0.4%	$67.28	+63.6%	COMMON STOCK	11133T103
PAYX	PAYCHEX INC	31,950	$2,718	0.4%	$34.10	+107.3%	COMMON STOCK	704326107
—	Colony Capital Inc	343,163	$1,630	0.3%	$7.77	—	COMMON STOCK	19625W104
INVH	INVITATION HOMES INC	25,824	$774	0.1%	$18.66	+34.6%	COMMON STOCK	46187W107
—	APARTMENT INVT and MGMT CO -A	51,525	$2,661	0.4%	$50.29	—	COMMON STOCK	03748R754
ESS	ESSEX PROPERTY TRUST INC	8,800	$2,648	0.4%	$127.99	+98.2%	COMMON STOCK	297178105
NHI	NATL HEALTH INVESTORS INC	22,000	$1,793	0.3%	$75.49	—	COMMON STOCK	63633D104
DLR	DIGITAL REALTY TRUST INC	37,550	$4,496	0.7%	$45.32	+119.4%	COMMON STOCK	253868103
SYK	STRYKER CORP	16,700	$3,506	0.6%	$154.78	+25.5%	COMMON STOCK	863667101
—	ANNALY CAPITAL MANAGEMENT IN	250,000	$2,355	0.4%	$9.13	—	COMMON STOCK	035710409
EXPD	EXPEDITORS INTL WASH INC	31,400	$2,450	0.4%	$58.41	+19.1%	COMMON STOCK	302130109
MMM	3M CO	21,700	$3,828	0.6%	$76.52	+46.0%	COMMON STOCK	88579Y101
BAX	BAXTER INTERNATIONAL INC	36,000	$3,010	0.5%	$68.49	+7.1%	COMMON STOCK	071813109
HST	HOST HOTELS and RESORTS INC	183,998	$3,413	0.6%	$10.94	+26.8%	COMMON STOCK	44107P104
KW	KENNEDY-WILSON HOLDINGS INC	34,081	$760	0.1%	$18.95	+18.2%	COMMON STOCK	489398107
—	UNITI GROUP INC	45,000	$369	0.1%	$16.25	—	COMMON STOCK	91325V108
FSP	FRANKLIN STREET PROPERTIES C	45,000	$385	0.1%	$8.56	—	COMMON STOCK	35471R106
CPT	CAMDEN PROPERTY TRUST	30,369	$3,222	0.5%	$49.07	+82.8%	COMMON STOCK	133131102
—	AMERICAN CAMPUS COMMUNITIES	60,000	$2,822	0.5%	$39.53	—	COMMON STOCK	024835100
SNA	SNAP-ON INC	13,500	$2,287	0.4%	$124.36	+11.6%	COMMON STOCK	833034101
—	SERVICE PROPERTIES TRUST	73,434	$1,787	0.3%	$27.41	—	COMMON STOCK	44106M102
—	NEW SENIOR INVESTMENT GROUP	53,000	$405	0.1%	$10.30	—	COMMON STOCK	648691103
INN	SUMMIT HOTEL PROPERTIES INC	49,000	$605	0.1%	$14.07	—	COMMON STOCK	866082100
WM	WASTE MANAGEMENT INC	28,700	$3,271	0.5%	$72.68	+40.5%	COMMON STOCK	94106L109
—	HERSHA HOSPITALITY TRUST	20,000	$291	0.0%	$21.45	—	COMMON STOCK	427825500
—	SENIOR HOUSING PROP TRUST	199,100	$1,680	0.3%	$16.55	—	COMMON STOCK	81721M109
DRH	DIAMONDROCK HOSPITALITY CO	38,000	$421	0.1%	$9.10	—	COMMON STOCK	252784301
OMC	OMNICOM GROUP	28,000	$2,269	0.4%	$57.22	+9.3%	COMMON STOCK	681919106
—	HEALTHCARE REALTY TRUST INC	10,682	$356	0.1%	$25.50	—	COMMON STOCK	421946104
WELL	WELLTOWER INC	59,953	$4,903	0.8%	$44.28	+60.6%	COMMON STOCK	95040Q104
—	PEOPLE'S UNITED FINANCIAL	124,000	$2,096	0.3%	$17.12	—	COMMON STOCK	712704105
—	COLUMBIA PROPERTY TRUST INC	86,000	$1,798	0.3%	$22.21	—	COMMON STOCK	198287203
CLDT	CHATHAM LODGING TRUST	26,000	$477	0.1%	$19.15	—	COMMON STOCK	16208T102
MAN	MANPOWERGROUP INC	24,000	$2,330	0.4%	$91.10	+0.5%	COMMON STOCK	56418H100
APLE	APPLE HOSPITALITY REIT INC	30,000	$488	0.1%	$14.27	—	COMMON STOCK	03784Y200
VRE	MACK-CALI REALTY CORP	70,000	$1,619	0.3%	$21.91	—	COMMON STOCK	554489104
INTU	INTUIT INC	12,725	$3,333	0.5%	$97.25	+158.6%	COMMON STOCK	461202103
CLX	CLOROX COMPANY	15,500	$2,380	0.4%	$125.69	-0.9%	COMMON STOCK	189054109
—	CERNER CORP	34,000	$2,495	0.4%	$73.29	—	COMMON STOCK	156782104
IEX	IDEX CORP	15,800	$2,718	0.4%	$122.75	+22.4%	COMMON STOCK	45167R104
RLJ	RLJ LODGING TRUST	79,200	$1,403	0.2%	$23.24	—	COMMON STOCK	74965L101
RMR	RMR GROUP INC/THE - A	1,531	$70	0.0%	$7.12	+263.6%	COMMON STOCK	74967R106
—	CBL and ASSOCIATES PROPERTIES	91,000	$96	0.0%	$9.31	—	COMMON STOCK	124830100