Pensionfund PDN Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MDLZ	MONDELEZ INTERNATIONAL INC-A	62,000	$3,170	0.6%	$44.56	0.0%	COMMON STOCK	609207105
KR	KROGER CO	68,000	$2,302	0.4%	$28.78	0.0%	COMMON STOCK	501044101
MCK	MCKESSON CORP	15,000	$2,301	0.4%	$139.25	0.0%	COMMON STOCK	58155Q103
—	KELLOGG CO	31,000	$2,048	0.4%	$49.46	0.0%	COMMON STOCK	487836108
ADM	ARCHER-DANIELS-MIDLAND CO	50,000	$1,995	0.4%	$31.91	0.0%	COMMON STOCK	039483102
HSIC	HENRY SCHEIN INC	34,000	$1,985	0.4%	$55.88	0.0%	COMMON STOCK	806407102
CPB	CAMPBELL SOUP CO	38,000	$1,886	0.4%	$41.23	0.0%	COMMON STOCK	134429109

Increased Positions (20)

INVH INVITATION HOMES INC 0.7%

Value ($000) $3,601 (+333.9%) Shares 130,810 (+236.9%) Est. Cost $20.97 Unrealized +1.2%

EQIX EQUINIX INC 0.8%

Value ($000) $4,462 (+58.7%) Shares 6,354 (+41.2%) Est. Cost $532.78 Unrealized +14.3%

AVB AVALONBAY COMMUNITIES INC 0.9%

Value ($000) $4,843 (+43.6%) Shares 31,320 (+36.6%) Est. Cost $104.28 Unrealized +24.3%

— VEREIT INC 0.8%

Value ($000) $4,202 (+35.7%) Shares 653,484 (+3.2%) Est. Cost $8.81 Unrealized —

ESS ESSEX PROPERTY TRUST INC 0.7%

Value ($000) $3,713 (+41.7%) Shares 16,200 (+36.1%) Est. Cost $165.87 Unrealized +17.9%

UDR UDR INC 0.5%

Value ($000) $2,733 (+51.5%) Shares 73,105 (+48.1%) Est. Cost $23.52 Unrealized +28.5%

IIPR INNOVATIVE INDUSTRIAL PROPER 0.2%

Value ($000) $1,030 (+287.2%) Shares 11,700 (+234.3%) Est. Cost $84.43 Unrealized —

STAG STAG INDUSTRIAL INC 0.4%

Value ($000) $2,210 (+45.7%) Shares 75,380 (+11.9%) Est. Cost $21.26 Unrealized —

— CYRUSONE INC 0.6%

Value ($000) $2,961 (+24.6%) Shares 40,700 (+5.7%) Est. Cost $50.59 Unrealized —

SBRA SABRA HEALTH CARE REIT INC 0.3%

Value ($000) $1,814 (+43.2%) Shares 125,730 (+8.4%) Est. Cost $22.03 Unrealized —

EPRT ESSENTIAL PROPERTIES REALTY 0.2%

Value ($000) $1,068 (+85.7%) Shares 72,000 (+63.6%) Est. Cost $13.75 Unrealized —

GNL GLOBAL NET LEASE INC 0.3%

Value ($000) $1,806 (+37.2%) Shares 107,976 (+9.7%) Est. Cost $18.59 Unrealized —

NHI NATL HEALTH INVESTORS INC 0.3%

Value ($000) $1,840 (+35.1%) Shares 30,300 (+10.2%) Est. Cost $69.41 Unrealized —

EQR EQUITY RESIDENTIAL 0.8%

Value ($000) $4,521 (+11.2%) Shares 76,856 (+16.7%) Est. Cost $42.44 Unrealized +17.1%

CUBE CUBESMART 0.4%

Value ($000) $1,984 (+27.7%) Shares 73,500 (+26.7%) Est. Cost $28.73 Unrealized —

DHC Diversified Healthcare Trust 0.2%

Value ($000) $1,324 (+46.5%) Shares 299,100 (+20.1%) Est. Cost $3.76 Unrealized —

PSA PUBLIC STORAGE 0.9%

Value ($000) $4,584 (+9.5%) Shares 23,889 (+13.4%) Est. Cost $103.57 Unrealized +46.4%

MPT MEDICAL PROPERTIES TRUST INC 0.6%

Value ($000) $3,046 (+14.4%) Shares 162,000 (+5.2%) Est. Cost $14.93 Unrealized —

UMH UMH PROPERTIES INC 0.2%

Value ($000) $1,085 (+35.8%) Shares 83,900 (+14.1%) Est. Cost $14.61 Unrealized —

MAC MACERICH CO/THE 0.0%

Value ($000) $222 (+68.2%) Shares 24,720 (+5.2%) Est. Cost $58.05 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
INVH	INVITATION HOMES INC	130,810 (+236.9%)	$3,601 (+333.9%)	0.7%	$20.97	+1.2%	COMMON STOCK	46187W107
EQIX	EQUINIX INC	6,354 (+41.2%)	$4,462 (+58.7%)	0.8%	$532.78	+14.3%	COMMON STOCK	29444U700
AVB	AVALONBAY COMMUNITIES INC	31,320 (+36.6%)	$4,843 (+43.6%)	0.9%	$104.28	+24.3%	COMMON STOCK	053484101
—	VEREIT INC	653,484 (+3.2%)	$4,202 (+35.7%)	0.8%	$8.81	—	COMMON STOCK	92339V100
ESS	ESSEX PROPERTY TRUST INC	16,200 (+36.1%)	$3,713 (+41.7%)	0.7%	$165.87	+17.9%	COMMON STOCK	297178105
UDR	UDR INC	73,105 (+48.1%)	$2,733 (+51.5%)	0.5%	$23.52	+28.5%	COMMON STOCK	902653104
IIPR	INNOVATIVE INDUSTRIAL PROPER	11,700 (+234.3%)	$1,030 (+287.2%)	0.2%	$84.43	—	COMMON STOCK	45781V101
STAG	STAG INDUSTRIAL INC	75,380 (+11.9%)	$2,210 (+45.7%)	0.4%	$21.26	—	COMMON STOCK	85254J102
—	CYRUSONE INC	40,700 (+5.7%)	$2,961 (+24.6%)	0.6%	$50.59	—	COMMON STOCK	23283R100
SBRA	SABRA HEALTH CARE REIT INC	125,730 (+8.4%)	$1,814 (+43.2%)	0.3%	$22.03	—	COMMON STOCK	78573L106
EPRT	ESSENTIAL PROPERTIES REALTY	72,000 (+63.6%)	$1,068 (+85.7%)	0.2%	$13.75	—	COMMON STOCK	29670E107
GNL	GLOBAL NET LEASE INC	107,976 (+9.7%)	$1,806 (+37.2%)	0.3%	$18.59	—	COMMON STOCK	379378201
NHI	NATL HEALTH INVESTORS INC	30,300 (+10.2%)	$1,840 (+35.1%)	0.3%	$69.41	—	COMMON STOCK	63633D104
EQR	EQUITY RESIDENTIAL	76,856 (+16.7%)	$4,521 (+11.2%)	0.8%	$42.44	+17.1%	COMMON STOCK	29476L107
CUBE	CUBESMART	73,500 (+26.7%)	$1,984 (+27.7%)	0.4%	$28.73	—	COMMON STOCK	229663109
DHC	Diversified Healthcare Trust	299,100 (+20.1%)	$1,324 (+46.5%)	0.2%	$3.76	—	COMMON STOCK	25525P107
PSA	PUBLIC STORAGE	23,889 (+13.4%)	$4,584 (+9.5%)	0.9%	$103.57	+46.4%	COMMON STOCK	74460D109
MPT	MEDICAL PROPERTIES TRUST INC	162,000 (+5.2%)	$3,046 (+14.4%)	0.6%	$14.93	—	COMMON STOCK	58463J304
UMH	UMH PROPERTIES INC	83,900 (+14.1%)	$1,085 (+35.8%)	0.2%	$14.61	—	COMMON STOCK	903002103
MAC	MACERICH CO/THE	24,720 (+5.2%)	$222 (+68.2%)	0.0%	$58.05	—	COMMON STOCK	554382101

Exited Positions (5)

MSCI MSCI INC 0.5%

Value ($000) $2,745 Shares 9,500 Est. Cost $209.74 Unrealized +45.7%

IEX IDEX CORP 0.4%

Value ($000) $2,044 Shares 14,800 Est. Cost $122.75 Unrealized +16.2%

CTAS CINTAS CORP 0.3%

Value ($000) $1,663 Shares 9,600 Est. Cost $47.83 Unrealized +14.3%

— INGERSOLL-RAND INC 0.1%

Value ($000) $460 Shares 18,530 Est. Cost $77.16 Unrealized —

FCPT FOUR CORNERS PROPERTY TRUST 0.1%

Value ($000) $281 Shares 15,000 Est. Cost $28.20 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSCI	MSCI INC	9,500	$2,745	0.5%	$209.74	+45.7%	—	55354G100
IEX	IDEX CORP	14,800	$2,044	0.4%	$122.75	+16.2%	—	45167R104
CTAS	CINTAS CORP	9,600	$1,663	0.3%	$47.83	+14.3%	—	172908105
—	INGERSOLL-RAND INC	18,530	$460	0.1%	$77.16	—	—	000000000
FCPT	FOUR CORNERS PROPERTY TRUST	15,000	$281	0.1%	$28.20	—	—	35086T109

Decreased Positions (10)

GLPI GAMING AND LEISURE PROPERTIE 0.1%

Value ($000) $484 (-76.7%) Shares 14,000 (-81.3%) Est. Cost $31.62 Unrealized —

VRE MACK-CALI REALTY CORP 0.0%

Value ($000) $168 (-79.6%) Shares 11,000 (-79.6%) Est. Cost $21.91 Unrealized —

EPR EPR PROPERTIES 0.1%

Value ($000) $588 (-50.8%) Shares 17,762 (-64.0%) Est. Cost $50.97 Unrealized —

VTR VENTAS INC 0.8%

Value ($000) $4,492 (+14.6%) Shares 122,660 (-16.1%) Est. Cost $45.99 Unrealized -41.4%

ELME WASHINGTON REIT 0.1%

Value ($000) $537 (-35.7%) Shares 24,199 (-30.9%) Est. Cost $30.43 Unrealized —

WELL WELLTOWER INC 0.8%

Value ($000) $4,138 (+7.7%) Shares 79,953 (-4.8%) Est. Cost $49.30 Unrealized -15.2%

DOC HCP INC 0.5%

Value ($000) $2,745 (+8.0%) Shares 99,593 (-6.6%) Est. Cost $25.47 Unrealized -25.4%

— HEALTHCARE REALTY TRUST INC 0.0%

Value ($000) $166 (-44.3%) Shares 5,682 (-46.8%) Est. Cost $25.50 Unrealized —

OHI OMEGA HEALTHCARE INVESTORS 0.5%

Value ($000) $2,557 (+4.7%) Shares 86,000 (-6.5%) Est. Cost $35.31 Unrealized —

— Colony Capital Inc 0.1%

Value ($000) $689 (-4.7%) Shares 286,932 (-30.6%) Est. Cost $6.75 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLPI	GAMING AND LEISURE PROPERTIE	14,000 (-81.3%)	$484 (-76.7%)	0.1%	$31.62	—	COMMON STOCK	36467J108
VRE	MACK-CALI REALTY CORP	11,000 (-79.6%)	$168 (-79.6%)	0.0%	$21.91	—	COMMON STOCK	554489104
EPR	EPR PROPERTIES	17,762 (-64.0%)	$588 (-50.8%)	0.1%	$50.97	—	COMMON STOCK	26884U109
VTR	VENTAS INC	122,660 (-16.1%)	$4,492 (+14.6%)	0.8%	$45.99	-41.4%	COMMON STOCK	92276F100
ELME	WASHINGTON REIT	24,199 (-30.9%)	$537 (-35.7%)	0.1%	$30.43	—	COMMON STOCK	939653101
WELL	WELLTOWER INC	79,953 (-4.8%)	$4,138 (+7.7%)	0.8%	$49.30	-15.2%	COMMON STOCK	95040Q104
DOC	HCP INC	99,593 (-6.6%)	$2,745 (+8.0%)	0.5%	$25.47	-25.4%	COMMON STOCK	42250P103
—	HEALTHCARE REALTY TRUST INC	5,682 (-46.8%)	$166 (-44.3%)	0.0%	$25.50	—	COMMON STOCK	421946104
OHI	OMEGA HEALTHCARE INVESTORS	86,000 (-6.5%)	$2,557 (+4.7%)	0.5%	$35.31	—	COMMON STOCK	681936100
—	Colony Capital Inc	286,932 (-30.6%)	$689 (-4.7%)	0.1%	$6.75	—	COMMON STOCK	19625W104

Unchanged Positions (162)

AAPL APPLE INC 3.2%

Value ($000) $16,863 Shares 46,225 Est. Cost $24.56 Unrealized +205.7%

MSFT MICROSOFT CORP 2.9%

Value ($000) $15,614 Shares 76,725 Est. Cost $33.54 Unrealized +416.0%

META FACEBOOK INC-A 2.1%

Value ($000) $11,126 Shares 49,000 Est. Cost $192.35 Unrealized +7.8%

HD HOME DEPOT INC 1.3%

Value ($000) $6,689 Shares 26,700 Est. Cost $62.49 Unrealized +219.6%

PLD PROLOGIS INC 2.3%

Value ($000) $12,077 Shares 129,404 Est. Cost $43.05 Unrealized +77.2%

EBAY EBAY INC 0.7%

Value ($000) $3,724 Shares 71,000 Est. Cost $33.63 Unrealized +14.3%

LOW LOWE'S COS INC 0.8%

Value ($000) $4,108 Shares 30,400 Est. Cost $56.94 Unrealized +81.4%

V VISA INC-CLASS A SHARES 1.4%

Value ($000) $7,418 Shares 38,400 Est. Cost $70.84 Unrealized +147.8%

TSCO TRACTOR SUPPLY COMPANY 0.6%

Value ($000) $3,268 Shares 24,800 Est. Cost $12.36 Unrealized +61.8%

MA MASTERCARD INC - A 1.2%

Value ($000) $6,358 Shares 21,500 Est. Cost $89.14 Unrealized +206.7%

ABBV ABBVIE INC 1.0%

Value ($000) $5,115 Shares 52,100 Est. Cost $59.38 Unrealized +18.7%

UNH UNITEDHEALTH GROUP INC 1.3%

Value ($000) $7,167 Shares 24,300 Est. Cost $233.60 Unrealized +11.8%

SPG SIMON PROPERTY GROUP INC 1.0%

Value ($000) $5,156 Shares 75,408 Est. Cost $96.12 Unrealized -52.6%

SPGI SandP GLOBAL INC 0.7%

Value ($000) $3,723 Shares 11,300 Est. Cost $96.34 Unrealized +197.9%

TXN TEXAS INSTRUMENTS INC 0.8%

Value ($000) $4,368 Shares 34,400 Est. Cost $40.51 Unrealized +145.7%

BBY BEST BUY CO INC 0.5%

Value ($000) $2,505 Shares 28,700 Est. Cost $40.74 Unrealized +48.0%

CSCO CISCO SYSTEMS INC 1.0%

Value ($000) $5,480 Shares 117,500 Est. Cost $36.19 Unrealized +2.2%

IDXX IDEXX LABORATORIES INC 0.6%

Value ($000) $3,137 Shares 9,500 Est. Cost $263.51 Unrealized +9.9%

— LAM RESEARCH CORP 0.6%

Value ($000) $3,235 Shares 10,000 Est. Cost $292.42 Unrealized —

MAS MASCO CORP 0.5%

Value ($000) $2,571 Shares 51,200 Est. Cost $33.12 Unrealized +18.9%

AMP AMERIPRISE FINANCIAL INC 0.5%

Value ($000) $2,491 Shares 16,600 Est. Cost $107.25 Unrealized +8.9%

INTU INTUIT INC 0.6%

Value ($000) $3,473 Shares 11,725 Est. Cost $97.25 Unrealized +172.4%

ORLY O'REILLY AUTOMOTIVE INC 0.5%

Value ($000) $2,699 Shares 6,400 Est. Cost $16.91 Unrealized +54.5%

LLY ELI LILLY and CO 0.9%

Value ($000) $4,925 Shares 30,000 Est. Cost $108.01 Unrealized +33.2%

TGT TARGET CORP 0.6%

Value ($000) $3,322 Shares 27,700 Est. Cost $67.73 Unrealized +45.0%

CLX CLOROX COMPANY 0.6%

Value ($000) $3,400 Shares 15,500 Est. Cost $125.69 Unrealized +34.2%

DG DOLLAR GENERAL CORP 0.6%

Value ($000) $3,429 Shares 18,000 Est. Cost $77.43 Unrealized +115.9%

DGX QUEST DIAGNOSTICS INC 0.4%

Value ($000) $2,393 Shares 21,000 Est. Cost $92.18 Unrealized +3.3%

XOM EXXON MOBIL CORP 0.8%

Value ($000) $4,526 Shares 101,200 Est. Cost $55.94 Unrealized -37.8%

AZO AUTOZONE INC 0.5%

Value ($000) $2,707 Shares 2,400 Est. Cost $715.82 Unrealized +47.2%

HUM HUMANA INC 0.7%

Value ($000) $3,529 Shares 9,100 Est. Cost $270.84 Unrealized +31.3%

AMGN AMGEN INC 0.9%

Value ($000) $4,764 Shares 20,200 Est. Cost $156.54 Unrealized +22.5%

— BLACKROCK INC 0.6%

Value ($000) $3,319 Shares 6,100 Est. Cost $502.68 Unrealized —

SHW SHERWIN-WILLIAMS CO/THE 0.6%

Value ($000) $2,976 Shares 5,150 Est. Cost $140.92 Unrealized +21.8%

ITW ILLINOIS TOOL WORKS 0.6%

Value ($000) $3,165 Shares 18,100 Est. Cost $68.35 Unrealized +109.1%

BR BROADRIDGE FINANCIAL SOLUTIO 0.4%

Value ($000) $2,385 Shares 18,900 Est. Cost $67.28 Unrealized +56.5%

— SPIRIT REALTY CAPITAL INC 0.4%

Value ($000) $2,357 Shares 67,600 Est. Cost $34.54 Unrealized —

EMR EMERSON ELECTRIC CO 0.5%

Value ($000) $2,494 Shares 40,200 Est. Cost $49.23 Unrealized +2.1%

RHI ROBERT HALF INTL INC 0.4%

Value ($000) $2,018 Shares 38,200 Est. Cost $55.14 Unrealized -13.9%

MRSH MARSH and MCLENNAN COS 0.5%

Value ($000) $2,920 Shares 27,200 Est. Cost $47.89 Unrealized +94.2%

BIIB BIOGEN INC 0.6%

Value ($000) $2,997 Shares 11,200 Est. Cost $230.43 Unrealized +30.4%

MNST MONSTER BEVERAGE CORP 0.5%

Value ($000) $2,877 Shares 41,500 Est. Cost $30.05 Unrealized +8.6%

FFIV F5 NETWORKS INC 0.4%

Value ($000) $2,190 Shares 15,700 Est. Cost $113.00 Unrealized +19.1%

GWW WW GRAINGER INC 0.5%

Value ($000) $2,450 Shares 7,800 Est. Cost $239.72 Unrealized +12.9%

LII LENNOX INTERNATIONAL INC 0.4%

Value ($000) $2,330 Shares 10,000 Est. Cost $184.49 Unrealized +2.2%

— STORE CAPITAL CORP 0.4%

Value ($000) $2,143 Shares 90,000 Est. Cost $30.00 Unrealized —

YUM YUM! BRANDS INC 0.4%

Value ($000) $2,399 Shares 27,600 Est. Cost $64.74 Unrealized +18.7%

PPG PPG INDUSTRIES INC 0.4%

Value ($000) $2,355 Shares 22,200 Est. Cost $91.06 Unrealized -5.2%

— AMERICAN CAMPUS COMMUNITIES 0.5%

Value ($000) $2,412 Shares 69,000 Est. Cost $38.00 Unrealized —

CTSH COGNIZANT TECH SOLUTIONS-A 0.5%

Value ($000) $2,614 Shares 46,000 Est. Cost $56.34 Unrealized -12.5%

GIS GENERAL MILLS INC 0.6%

Value ($000) $3,267 Shares 53,000 Est. Cost $42.80 Unrealized +16.6%

— BOOKING HOLDINGS INC 0.6%

Value ($000) $3,025 Shares 1,900 Est. Cost $1984.21 Unrealized —

PEP PEPSICO INC 1.0%

Value ($000) $5,092 Shares 38,500 Est. Cost $81.72 Unrealized +35.6%

ZTS ZOETIS INC 0.6%

Value ($000) $3,316 Shares 24,200 Est. Cost $74.07 Unrealized +68.0%

CDW CDW CORP/DE 0.4%

Value ($000) $2,277 Shares 19,600 Est. Cost $79.14 Unrealized +27.9%

DRI DARDEN RESTAURANTS INC 0.3%

Value ($000) $1,568 Shares 20,700 Est. Cost $88.06 Unrealized -31.4%

MCD MCDONALD'S CORP 0.8%

Value ($000) $4,243 Shares 23,000 Est. Cost $150.38 Unrealized +7.1%

CHD CHURCH and DWIGHT CO INC 0.5%

Value ($000) $2,551 Shares 33,000 Est. Cost $66.06 Unrealized +3.1%

ARE ALEXANDRIA REAL ESTATE EQUIT 0.5%

Value ($000) $2,742 Shares 16,900 Est. Cost $45.03 Unrealized +171.0%

MMM 3M CO 0.6%

Value ($000) $3,385 Shares 21,700 Est. Cost $76.52 Unrealized +33.8%

ILPT INDUSTRIAL LOGISTICS PROPERT 0.5%

Value ($000) $2,865 Shares 139,415 Est. Cost $20.86 Unrealized —

ELV ANTHEM INC 0.6%

Value ($000) $3,005 Shares 11,425 Est. Cost $261.99 Unrealized -5.7%

PAYX PAYCHEX INC 0.5%

Value ($000) $2,420 Shares 31,950 Est. Cost $34.10 Unrealized +72.9%

— PHYSICIANS REALTY TRUST 0.4%

Value ($000) $1,980 Shares 113,000 Est. Cost $15.97 Unrealized —

SNA SNAP-ON INC 0.3%

Value ($000) $1,870 Shares 13,500 Est. Cost $124.36 Unrealized -11.8%

MAN MANPOWERGROUP INC 0.3%

Value ($000) $1,650 Shares 24,000 Est. Cost $91.10 Unrealized -25.1%

D DOMINION ENERGY INC 0.6%

Value ($000) $3,361 Shares 41,400 Est. Cost $46.36 Unrealized +35.1%

— ANNALY CAPITAL MANAGEMENT IN 0.3%

Value ($000) $1,640 Shares 250,000 Est. Cost $9.13 Unrealized —

BRX BRIXMOR PROPERTY GROUP INC 0.3%

Value ($000) $1,423 Shares 111,000 Est. Cost $25.62 Unrealized —

CPT CAMDEN PROPERTY TRUST 0.5%

Value ($000) $2,770 Shares 30,369 Est. Cost $49.07 Unrealized +48.3%

SBUX STARBUCKS CORP 0.6%

Value ($000) $3,400 Shares 46,200 Est. Cost $33.68 Unrealized +96.9%

MTD METTLER-TOLEDO INTERNATIONAL 0.5%

Value ($000) $2,497 Shares 3,100 Est. Cost $316.01 Unrealized +135.4%

— MONMOUTH REAL ESTATE INV COR 0.4%

Value ($000) $2,072 Shares 143,000 Est. Cost $14.48 Unrealized —

MAA MID-AMERICA APARTMENT COMM 0.6%

Value ($000) $3,387 Shares 29,540 Est. Cost $65.95 Unrealized +41.0%

WM WASTE MANAGEMENT INC 0.5%

Value ($000) $2,722 Shares 25,700 Est. Cost $72.68 Unrealized +26.8%

AMH AMERICAN HOMES 4 RENT- A 0.5%

Value ($000) $2,475 Shares 92,000 Est. Cost $22.71 Unrealized —

SYY SYSCO CORP 0.4%

Value ($000) $2,039 Shares 37,300 Est. Cost $55.45 Unrealized -18.5%

SEIC SEI INVESTMENTS COMPANY 0.4%

Value ($000) $2,078 Shares 37,800 Est. Cost $46.08 Unrealized +4.9%

CL COLGATE-PALMOLIVE CO 0.6%

Value ($000) $3,297 Shares 45,000 Est. Cost $59.11 Unrealized +5.5%

WU WESTERN UNION CO 0.4%

Value ($000) $1,903 Shares 88,000 Est. Cost $19.89 Unrealized —

— SL GREEN REALTY CORP 0.5%

Value ($000) $2,422 Shares 49,123 Est. Cost $90.12 Unrealized —

CNP CENTERPOINT ENERGY INC 0.3%

Value ($000) $1,755 Shares 94,000 Est. Cost $24.41 Unrealized -39.1%

TRV TRAVELERS COS INC/THE 0.4%

Value ($000) $2,327 Shares 20,400 Est. Cost $91.51 Unrealized +2.2%

CE CELANESE CORP-SERIES A 0.4%

Value ($000) $1,986 Shares 23,000 Est. Cost $91.40 Unrealized -17.6%

KMB KIMBERLY-CLARK CORP 0.6%

Value ($000) $3,110 Shares 22,000 Est. Cost $96.22 Unrealized +17.1%

AGNC AGNC INVESTMENT CORP 0.3%

Value ($000) $1,645 Shares 127,500 Est. Cost $18.59 Unrealized —

EXPD EXPEDITORS INTL WASH INC 0.4%

Value ($000) $2,388 Shares 31,400 Est. Cost $58.41 Unrealized +16.9%

WPC WP CAREY INC 0.4%

Value ($000) $2,050 Shares 30,300 Est. Cost $70.41 Unrealized —

IBM INTL BUSINESS MACHINES CORP 0.7%

Value ($000) $3,539 Shares 29,300 Est. Cost $101.76 Unrealized -10.2%

REG REGENCY CENTERS CORP 0.3%

Value ($000) $1,583 Shares 34,500 Est. Cost $47.18 Unrealized -29.2%

ADP AUTOMATIC DATA PROCESSING 0.6%

Value ($000) $3,022 Shares 20,300 Est. Cost $107.77 Unrealized +17.8%

BMY BRISTOL-MYERS SQUIBB CO 0.8%

Value ($000) $4,410 Shares 75,000 Est. Cost $45.02 Unrealized +6.5%

SYK STRYKER CORP 0.6%

Value ($000) $3,009 Shares 16,700 Est. Cost $154.78 Unrealized +12.2%

AVY AVERY DENNISON CORP 0.4%

Value ($000) $2,031 Shares 17,800 Est. Cost $61.60 Unrealized +62.0%

— ALLEGHANY CORP 0.3%

Value ($000) $1,614 Shares 3,300 Est. Cost $623.33 Unrealized —

IRM IRON MOUNTAIN INC 0.4%

Value ($000) $2,336 Shares 89,500 Est. Cost $22.66 Unrealized -14.9%

T ATandT INC 1.0%

Value ($000) $5,441 Shares 180,000 Est. Cost $18.86 Unrealized -17.9%

PEG PUBLIC SERVICE ENTERPRISE GP 0.4%

Value ($000) $2,212 Shares 45,000 Est. Cost $49.14 Unrealized -16.3%

— HEALTHCARE TRUST OF AME-CL A 0.4%

Value ($000) $2,254 Shares 85,000 Est. Cost $25.31 Unrealized —

— CERNER CORP 0.4%

Value ($000) $2,331 Shares 34,000 Est. Cost $73.29 Unrealized —

BAX BAXTER INTERNATIONAL INC 0.5%

Value ($000) $2,927 Shares 34,000 Est. Cost $68.49 Unrealized +13.4%

SKT TANGER FACTORY OUTLET CENTER 0.1%

Value ($000) $556 Shares 78,000 Est. Cost $32.33 Unrealized —

USB US BANCORP 0.5%

Value ($000) $2,437 Shares 66,200 Est. Cost $39.05 Unrealized -28.7%

— DUKE REALTY CORP 0.3%

Value ($000) $1,841 Shares 52,024 Est. Cost $21.57 Unrealized —

TJX TJX COMPANIES INC 0.5%

Value ($000) $2,811 Shares 55,600 Est. Cost $37.64 Unrealized +23.9%

VZ VERIZON COMMUNICATIONS INC 1.1%

Value ($000) $5,844 Shares 106,000 Est. Cost $38.65 Unrealized +5.4%

AFG AMERICAN FINANCIAL GROUP INC 0.3%

Value ($000) $1,396 Shares 22,000 Est. Cost $51.58 Unrealized -29.0%

HIG HARTFORD FINANCIAL SVCS GRP 0.3%

Value ($000) $1,696 Shares 44,000 Est. Cost $45.59 Unrealized -26.1%

— APARTMENT INVT and MGMT CO -A 0.4%

Value ($000) $2,165 Shares 57,525 Est. Cost $48.71 Unrealized —

ESRT EMPIRE STATE REALTY TRUST-A 0.1%

Value ($000) $497 Shares 71,000 Est. Cost $16.12 Unrealized —

RLJ RLJ LODGING TRUST 0.1%

Value ($000) $748 Shares 79,200 Est. Cost $23.24 Unrealized —

— CITRIX SYSTEMS INC 0.6%

Value ($000) $3,106 Shares 21,000 Est. Cost $111.18 Unrealized —

VNO VORNADO REALTY TRUST 0.5%

Value ($000) $2,494 Shares 65,265 Est. Cost $72.24 Unrealized —

ALL ALLSTATE CORP 0.4%

Value ($000) $2,376 Shares 24,500 Est. Cost $55.91 Unrealized +53.2%

KIM KIMCO REALTY CORP 0.1%

Value ($000) $523 Shares 40,731 Est. Cost $12.61 Unrealized -30.1%

CDP CORPORATE OFFICE PROPERTIES 0.2%

Value ($000) $938 Shares 37,000 Est. Cost $25.84 Unrealized —

DLR DIGITAL REALTY TRUST INC 0.9%

Value ($000) $5,024 Shares 35,350 Est. Cost $45.32 Unrealized +156.8%

MSI MOTOROLA SOLUTIONS INC 0.4%

Value ($000) $2,130 Shares 15,200 Est. Cost $99.23 Unrealized +32.6%

— LEXINGTON REALTY TRUST 0.3%

Value ($000) $1,751 Shares 166,000 Est. Cost $9.70 Unrealized —

AFL AFLAC INC 0.4%

Value ($000) $2,050 Shares 56,900 Est. Cost $27.96 Unrealized +13.0%

— SERVICE PROPERTIES TRUST 0.1%

Value ($000) $393 Shares 55,434 Est. Cost $27.41 Unrealized —

PPL PPL CORP 0.4%

Value ($000) $2,067 Shares 80,000 Est. Cost $25.40 Unrealized -18.8%

KRC KILROY REALTY CORP 0.2%

Value ($000) $1,057 Shares 18,000 Est. Cost $67.97 Unrealized —

RGA REINSURANCE GROUP OF AMERICA 0.2%

Value ($000) $1,177 Shares 15,000 Est. Cost $143.96 Unrealized -35.9%

INN SUMMIT HOTEL PROPERTIES INC 0.1%

Value ($000) $291 Shares 49,000 Est. Cost $14.07 Unrealized —

KRG KITE REALTY GROUP TRUST 0.1%

Value ($000) $450 Shares 39,000 Est. Cost $24.57 Unrealized —

HIW HIGHWOODS PROPERTIES INC 0.3%

Value ($000) $1,486 Shares 39,802 Est. Cost $36.31 Unrealized —

FISV FISERV INC 0.5%

Value ($000) $2,733 Shares 28,000 Est. Cost $110.41 Unrealized -8.8%

FE FIRSTENERGY CORP 0.4%

Value ($000) $2,172 Shares 56,000 Est. Cost $30.02 Unrealized +8.6%

PNW PINNACLE WEST CAPITAL 0.4%

Value ($000) $2,052 Shares 28,000 Est. Cost $69.39 Unrealized -14.8%

— A SITE CENTER REIT 0.0%

Value ($000) $198 Shares 24,500 Est. Cost $17.90 Unrealized —

BDN BRANDYWINE REALTY TRUST 0.4%

Value ($000) $1,975 Shares 181,400 Est. Cost $13.48 Unrealized —

— PEOPLE'S UNITED FINANCIAL 0.3%

Value ($000) $1,435 Shares 124,000 Est. Cost $17.12 Unrealized —

KW KENNEDY-WILSON HOLDINGS INC 0.1%

Value ($000) $519 Shares 34,081 Est. Cost $18.95 Unrealized -24.0%

— NEW SENIOR INVESTMENT GROUP 0.0%

Value ($000) $192 Shares 53,000 Est. Cost $10.30 Unrealized —

HSY HERSHEY CO/THE 0.4%

Value ($000) $2,372 Shares 18,300 Est. Cost $73.25 Unrealized +60.7%

GL GLOBE LIFE INC 0.3%

Value ($000) $1,722 Shares 23,200 Est. Cost $94.69 Unrealized -23.5%

— PREFERRED APARTMENT COMMUN-A 0.2%

Value ($000) $912 Shares 120,000 Est. Cost $12.55 Unrealized —

CUZ COUSINS PROPERTIES INC 0.5%

Value ($000) $2,565 Shares 85,977 Est. Cost $36.17 Unrealized —

— QTS REALTY TRUST INC-CL A 0.1%

Value ($000) $481 Shares 7,500 Est. Cost $44.52 Unrealized —

ROST ROSS STORES INC 0.4%

Value ($000) $2,199 Shares 25,800 Est. Cost $38.23 Unrealized +124.1%

— COLUMBIA PROPERTY TRUST INC 0.2%

Value ($000) $933 Shares 71,000 Est. Cost $22.21 Unrealized —

— HERSHA HOSPITALITY TRUST 0.0%

Value ($000) $115 Shares 20,000 Est. Cost $21.45 Unrealized —

OPITQ OFFICE PROPERTIES INCOME TRUST 0.2%

Value ($000) $849 Shares 32,708 Est. Cost $27.64 Unrealized —

PK PARK HOTELS and RESORTS INC 0.0%

Value ($000) $208 Shares 21,038 Est. Cost $25.86 Unrealized —

HST HOST HOTELS and RESORTS INC 0.3%

Value ($000) $1,716 Shares 158,998 Est. Cost $10.94 Unrealized -13.2%

EXC EXELON CORP 0.4%

Value ($000) $2,359 Shares 65,000 Est. Cost $26.68 Unrealized -18.6%

BXP BOSTON PROPERTIES INC 0.3%

Value ($000) $1,484 Shares 16,417 Est. Cost $64.00 Unrealized +6.4%

MRK MERCK and CO. INC. 1.0%

Value ($000) $5,336 Shares 69,000 Est. Cost $62.14 Unrealized +1.2%

L LOEWS CORP 0.3%

Value ($000) $1,639 Shares 47,800 Est. Cost $45.06 Unrealized -26.9%

PEB PEBBLEBROOK HOTEL TRUST 0.0%

Value ($000) $122 Shares 8,911 Est. Cost $28.31 Unrealized —

APLE APPLE HOSPITALITY REIT INC 0.1%

Value ($000) $290 Shares 30,000 Est. Cost $14.27 Unrealized —

— HUDSON PACIFIC PROPERTIES IN 0.3%

Value ($000) $1,522 Shares 60,500 Est. Cost $33.35 Unrealized —

AHRT ARMADA HOFFLER PROPERTIES IN 0.0%

Value ($000) $156 Shares 15,700 Est. Cost $14.30 Unrealized —

PFE PFIZER INC 0.9%

Value ($000) $4,931 Shares 150,800 Est. Cost $21.30 Unrealized +22.0%

HPQ HP INC 0.4%

Value ($000) $2,301 Shares 132,000 Est. Cost $15.31 Unrealized -14.6%

OMC OMNICOM GROUP 0.3%

Value ($000) $1,529 Shares 28,000 Est. Cost $57.22 Unrealized -22.6%

— Life Storage Inc 0.3%

Value ($000) $1,567 Shares 16,500 Est. Cost $91.98 Unrealized —

— BRISTOL-MYERS SQUIBB-CVR 0.0%

Value ($000) $118 Shares 33,000 Est. Cost $3.00 Unrealized —

— CBL and ASSOCIATES PROPERTIES 0.0%

Value ($000) $25 Shares 91,000 Est. Cost $9.31 Unrealized —

CLDT CHATHAM LODGING TRUST 0.0%

Value ($000) $159 Shares 26,000 Est. Cost $19.15 Unrealized —

DEI DOUGLAS EMMETT INC 0.1%

Value ($000) $644 Shares 21,000 Est. Cost $36.89 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	46,225	$16,863	3.2%	$24.56	+205.7%	COMMON STOCK	037833100
MSFT	MICROSOFT CORP	76,725	$15,614	2.9%	$33.54	+416.0%	COMMON STOCK	594918104
META	FACEBOOK INC-A	49,000	$11,126	2.1%	$192.35	+7.8%	COMMON STOCK	30303M102
HD	HOME DEPOT INC	26,700	$6,689	1.3%	$62.49	+219.6%	COMMON STOCK	437076102
PLD	PROLOGIS INC	129,404	$12,077	2.3%	$43.05	+77.2%	COMMON STOCK	74340W103
EBAY	EBAY INC	71,000	$3,724	0.7%	$33.63	+14.3%	COMMON STOCK	278642103
LOW	LOWE'S COS INC	30,400	$4,108	0.8%	$56.94	+81.4%	COMMON STOCK	548661107
V	VISA INC-CLASS A SHARES	38,400	$7,418	1.4%	$70.84	+147.8%	COMMON STOCK	92826C839
TSCO	TRACTOR SUPPLY COMPANY	24,800	$3,268	0.6%	$12.36	+61.8%	COMMON STOCK	892356106
MA	MASTERCARD INC - A	21,500	$6,358	1.2%	$89.14	+206.7%	COMMON STOCK	57636Q104
ABBV	ABBVIE INC	52,100	$5,115	1.0%	$59.38	+18.7%	COMMON STOCK	00287Y109
UNH	UNITEDHEALTH GROUP INC	24,300	$7,167	1.3%	$233.60	+11.8%	COMMON STOCK	91324P102
SPG	SIMON PROPERTY GROUP INC	75,408	$5,156	1.0%	$96.12	-52.6%	COMMON STOCK	828806109
SPGI	SandP GLOBAL INC	11,300	$3,723	0.7%	$96.34	+197.9%	COMMON STOCK	78409V104
TXN	TEXAS INSTRUMENTS INC	34,400	$4,368	0.8%	$40.51	+145.7%	COMMON STOCK	882508104
BBY	BEST BUY CO INC	28,700	$2,505	0.5%	$40.74	+48.0%	COMMON STOCK	086516101
CSCO	CISCO SYSTEMS INC	117,500	$5,480	1.0%	$36.19	+2.2%	COMMON STOCK	17275R102
IDXX	IDEXX LABORATORIES INC	9,500	$3,137	0.6%	$263.51	+9.9%	COMMON STOCK	45168D104
—	LAM RESEARCH CORP	10,000	$3,235	0.6%	$292.42	—	COMMON STOCK	512807108
MAS	MASCO CORP	51,200	$2,571	0.5%	$33.12	+18.9%	COMMON STOCK	574599106
AMP	AMERIPRISE FINANCIAL INC	16,600	$2,491	0.5%	$107.25	+8.9%	COMMON STOCK	03076C106
INTU	INTUIT INC	11,725	$3,473	0.6%	$97.25	+172.4%	COMMON STOCK	461202103
ORLY	O'REILLY AUTOMOTIVE INC	6,400	$2,699	0.5%	$16.91	+54.5%	COMMON STOCK	67103H107
LLY	ELI LILLY and CO	30,000	$4,925	0.9%	$108.01	+33.2%	COMMON STOCK	532457108
TGT	TARGET CORP	27,700	$3,322	0.6%	$67.73	+45.0%	COMMON STOCK	87612E106
CLX	CLOROX COMPANY	15,500	$3,400	0.6%	$125.69	+34.2%	COMMON STOCK	189054109
DG	DOLLAR GENERAL CORP	18,000	$3,429	0.6%	$77.43	+115.9%	COMMON STOCK	256677105
DGX	QUEST DIAGNOSTICS INC	21,000	$2,393	0.4%	$92.18	+3.3%	COMMON STOCK	74834L100
XOM	EXXON MOBIL CORP	101,200	$4,526	0.8%	$55.94	-37.8%	COMMON STOCK	30231G102
AZO	AUTOZONE INC	2,400	$2,707	0.5%	$715.82	+47.2%	COMMON STOCK	053332102
HUM	HUMANA INC	9,100	$3,529	0.7%	$270.84	+31.3%	COMMON STOCK	444859102
AMGN	AMGEN INC	20,200	$4,764	0.9%	$156.54	+22.5%	COMMON STOCK	031162100
—	BLACKROCK INC	6,100	$3,319	0.6%	$502.68	—	COMMON STOCK	09247X101
SHW	SHERWIN-WILLIAMS CO/THE	5,150	$2,976	0.6%	$140.92	+21.8%	COMMON STOCK	824348106
ITW	ILLINOIS TOOL WORKS	18,100	$3,165	0.6%	$68.35	+109.1%	COMMON STOCK	452308109
BR	BROADRIDGE FINANCIAL SOLUTIO	18,900	$2,385	0.4%	$67.28	+56.5%	COMMON STOCK	11133T103
—	SPIRIT REALTY CAPITAL INC	67,600	$2,357	0.4%	$34.54	—	COMMON STOCK	84860W300
EMR	EMERSON ELECTRIC CO	40,200	$2,494	0.5%	$49.23	+2.1%	COMMON STOCK	291011104
RHI	ROBERT HALF INTL INC	38,200	$2,018	0.4%	$55.14	-13.9%	COMMON STOCK	770323103
MRSH	MARSH and MCLENNAN COS	27,200	$2,920	0.5%	$47.89	+94.2%	COMMON STOCK	571748102
BIIB	BIOGEN INC	11,200	$2,997	0.6%	$230.43	+30.4%	COMMON STOCK	09062X103
MNST	MONSTER BEVERAGE CORP	41,500	$2,877	0.5%	$30.05	+8.6%	COMMON STOCK	61174X109
FFIV	F5 NETWORKS INC	15,700	$2,190	0.4%	$113.00	+19.1%	COMMON STOCK	315616102
GWW	WW GRAINGER INC	7,800	$2,450	0.5%	$239.72	+12.9%	COMMON STOCK	384802104
LII	LENNOX INTERNATIONAL INC	10,000	$2,330	0.4%	$184.49	+2.2%	COMMON STOCK	526107107
—	STORE CAPITAL CORP	90,000	$2,143	0.4%	$30.00	—	COMMON STOCK	862121100
YUM	YUM! BRANDS INC	27,600	$2,399	0.4%	$64.74	+18.7%	COMMON STOCK	988498101
PPG	PPG INDUSTRIES INC	22,200	$2,355	0.4%	$91.06	-5.2%	COMMON STOCK	693506107
—	AMERICAN CAMPUS COMMUNITIES	69,000	$2,412	0.5%	$38.00	—	COMMON STOCK	024835100
CTSH	COGNIZANT TECH SOLUTIONS-A	46,000	$2,614	0.5%	$56.34	-12.5%	COMMON STOCK	192446102
GIS	GENERAL MILLS INC	53,000	$3,267	0.6%	$42.80	+16.6%	COMMON STOCK	370334104
—	BOOKING HOLDINGS INC	1,900	$3,025	0.6%	$1984.21	—	COMMON STOCK	741503403
PEP	PEPSICO INC	38,500	$5,092	1.0%	$81.72	+35.6%	COMMON STOCK	713448108
ZTS	ZOETIS INC	24,200	$3,316	0.6%	$74.07	+68.0%	COMMON STOCK	98978V103
CDW	CDW CORP/DE	19,600	$2,277	0.4%	$79.14	+27.9%	COMMON STOCK	12514G108
DRI	DARDEN RESTAURANTS INC	20,700	$1,568	0.3%	$88.06	-31.4%	COMMON STOCK	237194105
MCD	MCDONALD'S CORP	23,000	$4,243	0.8%	$150.38	+7.1%	COMMON STOCK	580135101
CHD	CHURCH and DWIGHT CO INC	33,000	$2,551	0.5%	$66.06	+3.1%	COMMON STOCK	171340102
ARE	ALEXANDRIA REAL ESTATE EQUIT	16,900	$2,742	0.5%	$45.03	+171.0%	COMMON STOCK	015271109
MMM	3M CO	21,700	$3,385	0.6%	$76.52	+33.8%	COMMON STOCK	88579Y101
ILPT	INDUSTRIAL LOGISTICS PROPERT	139,415	$2,865	0.5%	$20.86	—	COMMON STOCK	456237106
ELV	ANTHEM INC	11,425	$3,005	0.6%	$261.99	-5.7%	COMMON STOCK	036752103
PAYX	PAYCHEX INC	31,950	$2,420	0.5%	$34.10	+72.9%	COMMON STOCK	704326107
—	PHYSICIANS REALTY TRUST	113,000	$1,980	0.4%	$15.97	—	COMMON STOCK	71943U104
SNA	SNAP-ON INC	13,500	$1,870	0.3%	$124.36	-11.8%	COMMON STOCK	833034101
MAN	MANPOWERGROUP INC	24,000	$1,650	0.3%	$91.10	-25.1%	COMMON STOCK	56418H100
D	DOMINION ENERGY INC	41,400	$3,361	0.6%	$46.36	+35.1%	COMMON STOCK	25746U109
—	ANNALY CAPITAL MANAGEMENT IN	250,000	$1,640	0.3%	$9.13	—	COMMON STOCK	035710409
BRX	BRIXMOR PROPERTY GROUP INC	111,000	$1,423	0.3%	$25.62	—	COMMON STOCK	11120U105
CPT	CAMDEN PROPERTY TRUST	30,369	$2,770	0.5%	$49.07	+48.3%	COMMON STOCK	133131102
SBUX	STARBUCKS CORP	46,200	$3,400	0.6%	$33.68	+96.9%	COMMON STOCK	855244109
MTD	METTLER-TOLEDO INTERNATIONAL	3,100	$2,497	0.5%	$316.01	+135.4%	COMMON STOCK	592688105
—	MONMOUTH REAL ESTATE INV COR	143,000	$2,072	0.4%	$14.48	—	COMMON STOCK	609720107
MAA	MID-AMERICA APARTMENT COMM	29,540	$3,387	0.6%	$65.95	+41.0%	COMMON STOCK	59522J103
WM	WASTE MANAGEMENT INC	25,700	$2,722	0.5%	$72.68	+26.8%	COMMON STOCK	94106L109
AMH	AMERICAN HOMES 4 RENT- A	92,000	$2,475	0.5%	$22.71	—	COMMON STOCK	02665T306
SYY	SYSCO CORP	37,300	$2,039	0.4%	$55.45	-18.5%	COMMON STOCK	871829107
SEIC	SEI INVESTMENTS COMPANY	37,800	$2,078	0.4%	$46.08	+4.9%	COMMON STOCK	784117103
CL	COLGATE-PALMOLIVE CO	45,000	$3,297	0.6%	$59.11	+5.5%	COMMON STOCK	194162103
WU	WESTERN UNION CO	88,000	$1,903	0.4%	$19.89	—	COMMON STOCK	959802109
—	SL GREEN REALTY CORP	49,123	$2,422	0.5%	$90.12	—	COMMON STOCK	78440X101
CNP	CENTERPOINT ENERGY INC	94,000	$1,755	0.3%	$24.41	-39.1%	COMMON STOCK	15189T107
TRV	TRAVELERS COS INC/THE	20,400	$2,327	0.4%	$91.51	+2.2%	COMMON STOCK	89417E109
CE	CELANESE CORP-SERIES A	23,000	$1,986	0.4%	$91.40	-17.6%	COMMON STOCK	150870103
KMB	KIMBERLY-CLARK CORP	22,000	$3,110	0.6%	$96.22	+17.1%	COMMON STOCK	494368103
AGNC	AGNC INVESTMENT CORP	127,500	$1,645	0.3%	$18.59	—	COMMON STOCK	00123Q104
EXPD	EXPEDITORS INTL WASH INC	31,400	$2,388	0.4%	$58.41	+16.9%	COMMON STOCK	302130109
WPC	WP CAREY INC	30,300	$2,050	0.4%	$70.41	—	COMMON STOCK	92936U109
IBM	INTL BUSINESS MACHINES CORP	29,300	$3,539	0.7%	$101.76	-10.2%	COMMON STOCK	459200101
REG	REGENCY CENTERS CORP	34,500	$1,583	0.3%	$47.18	-29.2%	COMMON STOCK	758849103
ADP	AUTOMATIC DATA PROCESSING	20,300	$3,022	0.6%	$107.77	+17.8%	COMMON STOCK	053015103
BMY	BRISTOL-MYERS SQUIBB CO	75,000	$4,410	0.8%	$45.02	+6.5%	COMMON STOCK	110122108
SYK	STRYKER CORP	16,700	$3,009	0.6%	$154.78	+12.2%	COMMON STOCK	863667101
AVY	AVERY DENNISON CORP	17,800	$2,031	0.4%	$61.60	+62.0%	COMMON STOCK	053611109
—	ALLEGHANY CORP	3,300	$1,614	0.3%	$623.33	—	COMMON STOCK	017175100
IRM	IRON MOUNTAIN INC	89,500	$2,336	0.4%	$22.66	-14.9%	COMMON STOCK	46284V101
T	ATandT INC	180,000	$5,441	1.0%	$18.86	-17.9%	COMMON STOCK	00206R102
PEG	PUBLIC SERVICE ENTERPRISE GP	45,000	$2,212	0.4%	$49.14	-16.3%	COMMON STOCK	744573106
—	HEALTHCARE TRUST OF AME-CL A	85,000	$2,254	0.4%	$25.31	—	COMMON STOCK	42225P501
—	CERNER CORP	34,000	$2,331	0.4%	$73.29	—	COMMON STOCK	156782104
BAX	BAXTER INTERNATIONAL INC	34,000	$2,927	0.5%	$68.49	+13.4%	COMMON STOCK	071813109
SKT	TANGER FACTORY OUTLET CENTER	78,000	$556	0.1%	$32.33	—	COMMON STOCK	875465106
USB	US BANCORP	66,200	$2,437	0.5%	$39.05	-28.7%	COMMON STOCK	902973304
—	DUKE REALTY CORP	52,024	$1,841	0.3%	$21.57	—	COMMON STOCK	264411505
TJX	TJX COMPANIES INC	55,600	$2,811	0.5%	$37.64	+23.9%	COMMON STOCK	872540109
VZ	VERIZON COMMUNICATIONS INC	106,000	$5,844	1.1%	$38.65	+5.4%	COMMON STOCK	92343V104
AFG	AMERICAN FINANCIAL GROUP INC	22,000	$1,396	0.3%	$51.58	-29.0%	COMMON STOCK	025932104
HIG	HARTFORD FINANCIAL SVCS GRP	44,000	$1,696	0.3%	$45.59	-26.1%	COMMON STOCK	416515104
—	APARTMENT INVT and MGMT CO -A	57,525	$2,165	0.4%	$48.71	—	COMMON STOCK	03748R754
ESRT	EMPIRE STATE REALTY TRUST-A	71,000	$497	0.1%	$16.12	—	COMMON STOCK	292104106
RLJ	RLJ LODGING TRUST	79,200	$748	0.1%	$23.24	—	COMMON STOCK	74965L101
—	CITRIX SYSTEMS INC	21,000	$3,106	0.6%	$111.18	—	COMMON STOCK	177376100
VNO	VORNADO REALTY TRUST	65,265	$2,494	0.5%	$72.24	—	COMMON STOCK	929042109
ALL	ALLSTATE CORP	24,500	$2,376	0.4%	$55.91	+53.2%	COMMON STOCK	020002101
KIM	KIMCO REALTY CORP	40,731	$523	0.1%	$12.61	-30.1%	COMMON STOCK	49446R109
CDP	CORPORATE OFFICE PROPERTIES	37,000	$938	0.2%	$25.84	—	COMMON STOCK	22002T108
DLR	DIGITAL REALTY TRUST INC	35,350	$5,024	0.9%	$45.32	+156.8%	COMMON STOCK	253868103
MSI	MOTOROLA SOLUTIONS INC	15,200	$2,130	0.4%	$99.23	+32.6%	COMMON STOCK	620076307
—	LEXINGTON REALTY TRUST	166,000	$1,751	0.3%	$9.70	—	COMMON STOCK	529043101
AFL	AFLAC INC	56,900	$2,050	0.4%	$27.96	+13.0%	COMMON STOCK	001055102
—	SERVICE PROPERTIES TRUST	55,434	$393	0.1%	$27.41	—	COMMON STOCK	44106M102
PPL	PPL CORP	80,000	$2,067	0.4%	$25.40	-18.8%	COMMON STOCK	69351T106
KRC	KILROY REALTY CORP	18,000	$1,057	0.2%	$67.97	—	COMMON STOCK	49427F108
RGA	REINSURANCE GROUP OF AMERICA	15,000	$1,177	0.2%	$143.96	-35.9%	COMMON STOCK	759351604
INN	SUMMIT HOTEL PROPERTIES INC	49,000	$291	0.1%	$14.07	—	COMMON STOCK	866082100
KRG	KITE REALTY GROUP TRUST	39,000	$450	0.1%	$24.57	—	COMMON STOCK	49803T300
HIW	HIGHWOODS PROPERTIES INC	39,802	$1,486	0.3%	$36.31	—	COMMON STOCK	431284108
FISV	FISERV INC	28,000	$2,733	0.5%	$110.41	-8.8%	COMMON STOCK	337738108
FE	FIRSTENERGY CORP	56,000	$2,172	0.4%	$30.02	+8.6%	COMMON STOCK	337932107
PNW	PINNACLE WEST CAPITAL	28,000	$2,052	0.4%	$69.39	-14.8%	COMMON STOCK	723484101
—	A SITE CENTER REIT	24,500	$198	0.0%	$17.90	—	COMMON STOCK	23317H854
BDN	BRANDYWINE REALTY TRUST	181,400	$1,975	0.4%	$13.48	—	COMMON STOCK	105368203
—	PEOPLE'S UNITED FINANCIAL	124,000	$1,435	0.3%	$17.12	—	COMMON STOCK	712704105
KW	KENNEDY-WILSON HOLDINGS INC	34,081	$519	0.1%	$18.95	-24.0%	COMMON STOCK	489398107
—	NEW SENIOR INVESTMENT GROUP	53,000	$192	0.0%	$10.30	—	COMMON STOCK	648691103
HSY	HERSHEY CO/THE	18,300	$2,372	0.4%	$73.25	+60.7%	COMMON STOCK	427866108
GL	GLOBE LIFE INC	23,200	$1,722	0.3%	$94.69	-23.5%	COMMON STOCK	37959E102
—	PREFERRED APARTMENT COMMUN-A	120,000	$912	0.2%	$12.55	—	COMMON STOCK	74039L103
CUZ	COUSINS PROPERTIES INC	85,977	$2,565	0.5%	$36.17	—	COMMON STOCK	222795502
—	QTS REALTY TRUST INC-CL A	7,500	$481	0.1%	$44.52	—	COMMON STOCK	74736A103
ROST	ROSS STORES INC	25,800	$2,199	0.4%	$38.23	+124.1%	COMMON STOCK	778296103
—	COLUMBIA PROPERTY TRUST INC	71,000	$933	0.2%	$22.21	—	COMMON STOCK	198287203
—	HERSHA HOSPITALITY TRUST	20,000	$115	0.0%	$21.45	—	COMMON STOCK	427825500
OPITQ	OFFICE PROPERTIES INCOME TRUST	32,708	$849	0.2%	$27.64	—	COMMON STOCK	67623C109
PK	PARK HOTELS and RESORTS INC	21,038	$208	0.0%	$25.86	—	COMMON STOCK	700517105
HST	HOST HOTELS and RESORTS INC	158,998	$1,716	0.3%	$10.94	-13.2%	COMMON STOCK	44107P104
EXC	EXELON CORP	65,000	$2,359	0.4%	$26.68	-18.6%	COMMON STOCK	30161N101
BXP	BOSTON PROPERTIES INC	16,417	$1,484	0.3%	$64.00	+6.4%	COMMON STOCK	101121101
MRK	MERCK and CO. INC.	69,000	$5,336	1.0%	$62.14	+1.2%	COMMON STOCK	58933Y105
L	LOEWS CORP	47,800	$1,639	0.3%	$45.06	-26.9%	COMMON STOCK	540424108
PEB	PEBBLEBROOK HOTEL TRUST	8,911	$122	0.0%	$28.31	—	COMMON STOCK	70509V100
APLE	APPLE HOSPITALITY REIT INC	30,000	$290	0.1%	$14.27	—	COMMON STOCK	03784Y200
—	HUDSON PACIFIC PROPERTIES IN	60,500	$1,522	0.3%	$33.35	—	COMMON STOCK	444097109
AHRT	ARMADA HOFFLER PROPERTIES IN	15,700	$156	0.0%	$14.30	—	COMMON STOCK	04208T108
PFE	PFIZER INC	150,800	$4,931	0.9%	$21.30	+22.0%	COMMON STOCK	717081103
HPQ	HP INC	132,000	$2,301	0.4%	$15.31	-14.6%	COMMON STOCK	40434L105
OMC	OMNICOM GROUP	28,000	$1,529	0.3%	$57.22	-22.6%	COMMON STOCK	681919106
—	Life Storage Inc	16,500	$1,567	0.3%	$91.98	—	COMMON STOCK	53223X107
—	BRISTOL-MYERS SQUIBB-CVR	33,000	$118	0.0%	$3.00	—	COMMON STOCK	110122157
—	CBL and ASSOCIATES PROPERTIES	91,000	$25	0.0%	$9.31	—	COMMON STOCK	124830100
CLDT	CHATHAM LODGING TRUST	26,000	$159	0.0%	$19.15	—	COMMON STOCK	16208T102
DEI	DOUGLAS EMMETT INC	21,000	$644	0.1%	$36.89	—	COMMON STOCK	25960P109