Pensionfund Sabic Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CMCSA	COMCAST CORP-CLASS A	108,800	$3,718	1.1%	$31.79	0.0%	COMMON STOCK	20030N101
ZTS	ZOETIS INC	31,500	$2,631	0.7%	$74.07	0.0%	COMMON STOCK	98978V103
CSX	CSX CORP	47,000	$2,618	0.7%	$16.81	0.0%	COMMON STOCK	126408103
—	LAM RESEARCH CORP	12,100	$2,458	0.7%	$203.14	—	COMMON STOCK	512807108
HPQ	HP INC	107,000	$2,345	0.7%	$17.36	0.0%	COMMON STOCK	40434L105
MSCI	MSCI INC	15,600	$2,332	0.7%	$132.00	0.0%	COMMON STOCK	55354G100
DTE	DTE ENERGY COMPANY	21,500	$2,245	0.6%	$67.23	0.0%	COMMON STOCK	233331107
GWW	WW GRAINGER INC	7,700	$2,173	0.6%	$235.02	0.0%	COMMON STOCK	384802104
TROW	T ROWE PRICE GROUP INC	20,000	$2,159	0.6%	$82.41	0.0%	COMMON STOCK	74144T108
—	DISCOVER FINANCIAL SERVICES	30,000	$2,158	0.6%	$71.93	—	COMMON STOCK	254709108
BF/B	BROWN-FORMAN CORP-CLASS B	39,500	$2,149	0.6%	$46.83	0.0%	COMMON STOCK	115637209
ORLY	O'REILLY AUTOMOTIVE INC	8,600	$2,127	0.6%	$16.91	0.0%	COMMON STOCK	67103H107
PNW	PINNACLE WEST CAPITAL	26,300	$2,099	0.6%	$56.89	0.0%	COMMON STOCK	723484101
EXPD	EXPEDITORS INTL WASH INC	32,800	$2,076	0.6%	$58.41	0.0%	COMMON STOCK	302130109
LUV	SOUTHWEST AIRLINES CO	35,600	$2,039	0.6%	$54.35	0.0%	COMMON STOCK	844741108
JBHT	HUNT (JB) TRANSPRT SVCS INC	17,300	$2,027	0.6%	$111.28	0.0%	COMMON STOCK	445658107
UGI	UGI CORP	45,500	$2,021	0.6%	$44.84	0.0%	COMMON STOCK	902681105
DLTR	DOLLAR TREE INC	20,700	$1,964	0.6%	$104.83	0.0%	COMMON STOCK	256746108
AZO	AUTOZONE INC	2,900	$1,881	0.5%	$715.82	0.0%	COMMON STOCK	053332102
GIS	GENERAL MILLS INC	41,400	$1,865	0.5%	$40.98	0.0%	COMMON STOCK	370334104
UTHR	UNITED THERAPEUTICS CORP	15,600	$1,753	0.5%	$127.04	0.0%	COMMON STOCK	91307C102
CUBE	CUBESMART	25,000	$705	0.2%	$28.20	—	COMMON STOCK	229663109
MPT	MEDICAL PROPERTIES TRUST INC	50,000	$650	0.2%	$13.00	—	COMMON STOCK	58463J304
UMH	UMH PROPERTIES INC	38,000	$510	0.1%	$13.42	—	COMMON STOCK	903002103
—	EDUCATION REALTY TRUST INC	15,000	$491	0.1%	$32.73	—	COMMON STOCK	28140H203
—	MONMOUTH REAL ESTATE INV COR	30,000	$451	0.1%	$15.03	—	COMMON STOCK	609720107
—	UNITI GROUP INC	26,000	$423	0.1%	$16.27	—	COMMON STOCK	91325V108
CLDT	CHATHAM LODGING TRUST	22,000	$421	0.1%	$19.14	—	COMMON STOCK	16208T102
SHO	SUNSTONE HOTEL INVESTORS INC	13,000	$198	0.1%	$15.23	—	COMMON STOCK	867892101
NHI	NATL HEALTH INVESTORS INC	2,500	$168	0.0%	$67.20	—	COMMON STOCK	63633D104
AMH	AMERICAN HOMES 4 RENT- A	8,000	$161	0.0%	$20.13	—	COMMON STOCK	02665T306
FPI	FARMLAND PARTNERS INC	17,000	$142	0.0%	$8.35	—	COMMON STOCK	31154R109
—	NEW YORK REIT INC	2,200	$47	0.0%	$21.36	—	COMMON STOCK	64976L208

Increased Positions (84)

— INGERSOLL-RAND PLC 1.2%

Value ($000) $4,351 (+171.1%) Shares 45,900 (+155.0%) Est. Cost $92.04 Unrealized —

FFIV F5 NETWORKS INC 0.6%

Value ($000) $2,270 (+71.3%) Shares 15,700 (+55.4%) Est. Cost $120.68 Unrealized +18.8%

SBUX STARBUCKS CORP 0.9%

Value ($000) $3,178 (+33.0%) Shares 54,900 (+32.0%) Est. Cost $43.50 Unrealized +12.0%

OMC OMNICOM GROUP 0.6%

Value ($000) $2,115 (+57.0%) Shares 29,100 (+57.3%) Est. Cost $53.65 Unrealized +5.3%

SWKS SKYWORKS SOLUTIONS INC 0.7%

Value ($000) $2,326 (+46.7%) Shares 23,200 (+38.9%) Est. Cost $70.45 Unrealized +23.4%

LEG LEGGETT and PLATT INC 0.6%

Value ($000) $1,974 (+59.1%) Shares 44,500 (+71.2%) Est. Cost $49.55 Unrealized -7.5%

PPL PPL CORP 0.6%

Value ($000) $2,028 (+56.0%) Shares 71,700 (+70.7%) Est. Cost $24.04 Unrealized -13.1%

FISV FISERV INC 0.7%

Value ($000) $2,425 (+42.2%) Shares 34,000 (+161.5%) Est. Cost $64.89 Unrealized +8.4%

TJX TJX COMPANIES INC 0.8%

Value ($000) $2,724 (+35.5%) Shares 33,400 (+27.0%) Est. Cost $31.27 Unrealized +13.5%

SO SOUTHERN CO/THE 0.7%

Value ($000) $2,613 (+36.5%) Shares 58,500 (+47.0%) Est. Cost $30.33 Unrealized +6.0%

LEA LEAR CORP 0.6%

Value ($000) $2,066 (+46.2%) Shares 11,100 (+38.8%) Est. Cost $152.36 Unrealized +5.4%

IBM INTL BUSINESS MACHINES CORP 1.0%

Value ($000) $3,575 (+22.0%) Shares 23,300 (+22.0%) Est. Cost $102.76 Unrealized +4.4%

CHD CHURCH and DWIGHT CO INC 0.6%

Value ($000) $2,251 (+39.4%) Shares 44,700 (+38.8%) Est. Cost $43.21 Unrealized +3.3%

KMB KIMBERLY-CLARK CORP 0.7%

Value ($000) $2,302 (+36.3%) Shares 20,900 (+49.3%) Est. Cost $92.91 Unrealized -7.2%

PEG PUBLIC SERVICE ENTERPRISE GP 0.7%

Value ($000) $2,316 (+32.3%) Shares 46,100 (+35.6%) Est. Cost $38.05 Unrealized -1.3%

UNP UNION PACIFIC CORP 1.0%

Value ($000) $3,509 (+18.9%) Shares 26,100 (+18.6%) Est. Cost $93.71 Unrealized +20.6%

MKC MCCORMICK and CO-NON VTG SHRS 0.6%

Value ($000) $2,138 (+35.3%) Shares 20,100 (+29.7%) Est. Cost $35.58 Unrealized +27.3%

AOS SMITH (A.O.) CORP 0.6%

Value ($000) $2,029 (+37.9%) Shares 31,900 (+32.9%) Est. Cost $53.41 Unrealized +4.9%

HSIC HENRY SCHEIN INC 0.5%

Value ($000) $1,868 (+42.2%) Shares 27,800 (+47.9%) Est. Cost $61.11 Unrealized -9.3%

STT STATE STREET CORP 0.7%

Value ($000) $2,304 (+31.1%) Shares 23,100 (+28.3%) Est. Cost $76.08 Unrealized +7.7%

L LOEWS CORP 0.6%

Value ($000) $2,074 (+33.7%) Shares 41,700 (+34.5%) Est. Cost $46.03 Unrealized +6.1%

RHI ROBERT HALF INTL INC 0.6%

Value ($000) $2,107 (+30.8%) Shares 36,400 (+25.5%) Est. Cost $54.01 Unrealized +5.8%

DUK DUKE ENERGY CORP 0.8%

Value ($000) $2,673 (+21.8%) Shares 34,500 (+32.2%) Est. Cost $48.72 Unrealized +15.1%

CTSH COGNIZANT TECH SOLUTIONS-A 0.8%

Value ($000) $2,697 (+20.9%) Shares 33,500 (+6.7%) Est. Cost $54.73 Unrealized +29.0%

— PHYSICIANS REALTY TRUST 0.2%

Value ($000) $638 (+222.2%) Shares 41,000 (+272.7%) Est. Cost $16.11 Unrealized —

FAST FASTENAL CO 0.6%

Value ($000) $2,113 (+24.7%) Shares 38,700 (+24.8%) Est. Cost $9.42 Unrealized +19.2%

— COLONY NORTHSTAR INC-CLASS A 0.2%

Value ($000) $828 (+100.0%) Shares 147,286 (+305.9%) Est. Cost $7.41 Unrealized —

TGT TARGET CORP 0.7%

Value ($000) $2,305 (+21.8%) Shares 33,200 (+14.5%) Est. Cost $49.38 Unrealized +18.4%

LLY ELI LILLY and CO 0.8%

Value ($000) $2,770 (+17.1%) Shares 35,800 (+27.9%) Est. Cost $74.50 Unrealized -3.7%

CL COLGATE-PALMOLIVE CO 0.8%

Value ($000) $2,810 (+16.4%) Shares 39,200 (+22.5%) Est. Cost $59.30 Unrealized +0.7%

USB US BANCORP 0.8%

Value ($000) $2,848 (+15.5%) Shares 56,400 (+22.6%) Est. Cost $39.21 Unrealized +1.8%

MRSH MARSH and MCLENNAN COS 0.7%

Value ($000) $2,494 (+17.9%) Shares 30,200 (+16.2%) Est. Cost $50.96 Unrealized +43.0%

GPC GENUINE PARTS CO 0.5%

Value ($000) $1,860 (+25.5%) Shares 20,700 (+32.7%) Est. Cost $68.08 Unrealized +12.9%

HSY HERSHEY CO/THE 0.6%

Value ($000) $1,989 (+23.4%) Shares 20,100 (+41.5%) Est. Cost $76.30 Unrealized +12.2%

PG PROCTER and GAMBLE CO/THE 1.3%

Value ($000) $4,590 (+8.6%) Shares 57,900 (+25.9%) Est. Cost $71.67 Unrealized -5.3%

— CELGENE CORP 0.7%

Value ($000) $2,614 (+16.0%) Shares 29,300 (+35.6%) Est. Cost $115.19 Unrealized —

— WABCO HOLDINGS INC 0.5%

Value ($000) $1,794 (+25.0%) Shares 13,400 (+34.0%) Est. Cost $141.06 Unrealized —

DG DOLLAR GENERAL CORP 0.6%

Value ($000) $2,124 (+20.2%) Shares 22,700 (+19.5%) Est. Cost $78.96 Unrealized +9.9%

INTU INTUIT INC 0.7%

Value ($000) $2,600 (+15.2%) Shares 15,000 (+4.9%) Est. Cost $100.15 Unrealized +59.3%

AEP AMERICAN ELECTRIC POWER 0.7%

Value ($000) $2,456 (+15.9%) Shares 35,800 (+24.3%) Est. Cost $52.63 Unrealized -3.1%

VFC VF CORP 0.6%

Value ($000) $2,179 (+17.8%) Shares 29,400 (+17.6%) Est. Cost $67.00 Unrealized +7.9%

TRV TRAVELERS COS INC/THE 0.7%

Value ($000) $2,347 (+15.3%) Shares 16,900 (+12.7%) Est. Cost $94.44 Unrealized +24.5%

PAYX PAYCHEX INC 0.6%

Value ($000) $2,051 (+17.2%) Shares 33,300 (+29.6%) Est. Cost $38.27 Unrealized +36.8%

YUM YUM! BRANDS INC 0.7%

Value ($000) $2,367 (+14.2%) Shares 27,800 (+9.4%) Est. Cost $65.28 Unrealized +8.8%

— CDK GLOBAL INC 0.5%

Value ($000) $1,850 (+18.0%) Shares 29,200 (+32.7%) Est. Cost $69.32 Unrealized —

AFL AFLAC INC 0.7%

Value ($000) $2,398 (+12.4%) Shares 54,800 (+125.5%) Est. Cost $30.95 Unrealized +18.8%

— HUDSON PACIFIC PROPERTIES IN 0.2%

Value ($000) $830 (+46.9%) Shares 25,500 (+54.5%) Est. Cost $33.34 Unrealized —

CLX CLOROX COMPANY 0.6%

Value ($000) $2,116 (+12.9%) Shares 15,900 (+26.2%) Est. Cost $97.58 Unrealized +9.4%

FBIN FORTUNE BRANDS HOME and SECURI 0.5%

Value ($000) $1,743 (+15.7%) Shares 29,600 (+34.5%) Est. Cost $49.99 Unrealized -1.2%

BIIB BIOGEN INC 0.6%

Value ($000) $2,218 (-9.6%) Shares 8,100 (+5.2%) Est. Cost $360.18 Unrealized -13.8%

— SPIRIT REALTY CAPITAL INC 0.2%

Value ($000) $714 (+48.8%) Shares 92,000 (+64.3%) Est. Cost $7.78 Unrealized —

MHK MOHAWK INDUSTRIES INC 0.5%

Value ($000) $1,881 (+13.7%) Shares 8,100 (+35.0%) Est. Cost $265.53 Unrealized -3.0%

MO ALTRIA GROUP INC 1.0%

Value ($000) $3,340 (+7.0%) Shares 53,600 (+22.7%) Est. Cost $29.21 Unrealized +25.2%

ROST ROSS STORES INC 0.6%

Value ($000) $2,246 (+10.6%) Shares 28,800 (+13.8%) Est. Cost $48.86 Unrealized +50.1%

— TORCHMARK CORP 0.6%

Value ($000) $1,953 (+11.5%) Shares 23,200 (+20.2%) Est. Cost $61.28 Unrealized —

GNL GLOBAL NET LEASE INC 0.2%

Value ($000) $591 (+51.2%) Shares 34,992 (+84.2%) Est. Cost $19.61 Unrealized —

EPR EPR PROPERTIES 0.3%

Value ($000) $942 (+22.0%) Shares 17,000 (+44.1%) Est. Cost $57.65 Unrealized —

PPG PPG INDUSTRIES INC 0.6%

Value ($000) $2,232 (+7.9%) Shares 20,000 (+13.0%) Est. Cost $92.03 Unrealized +8.1%

— WYNDHAM WORLDWIDE CORP 0.6%

Value ($000) $2,014 (+8.6%) Shares 17,600 (+10.0%) Est. Cost $106.26 Unrealized —

SEIC SEI INVESTMENTS COMPANY 0.6%

Value ($000) $2,097 (+8.1%) Shares 28,000 (+3.7%) Est. Cost $46.88 Unrealized +43.4%

— APARTMENT INVT and MGMT CO -A 0.2%

Value ($000) $835 (+23.2%) Shares 20,500 (+32.3%) Est. Cost $42.57 Unrealized —

TXN TEXAS INSTRUMENTS INC 0.9%

Value ($000) $3,262 (+4.5%) Shares 31,400 (+5.0%) Est. Cost $42.72 Unrealized +103.3%

ROK ROCKWELL AUTOMATION INC 0.6%

Value ($000) $2,021 (-6.4%) Shares 11,600 (+5.5%) Est. Cost $90.10 Unrealized +81.9%

— Life Storage Inc 0.2%

Value ($000) $710 (+22.6%) Shares 8,500 (+30.8%) Est. Cost $86.65 Unrealized —

— CYRUSONE INC 0.1%

Value ($000) $497 (+34.7%) Shares 9,700 (+56.5%) Est. Cost $40.28 Unrealized —

UPS UNITED PARCEL SERVICE-CL B 0.7%

Value ($000) $2,538 (+5.2%) Shares 24,250 (+19.8%) Est. Cost $71.92 Unrealized +18.8%

WELL WELLTOWER INC 0.4%

Value ($000) $1,537 (+8.3%) Shares 28,247 (+27.0%) Est. Cost $45.02 Unrealized -4.6%

— AMERICAN CAMPUS COMMUNITIES 0.2%

Value ($000) $811 (+16.2%) Shares 21,000 (+23.5%) Est. Cost $38.73 Unrealized —

BBY BEST BUY CO INC 0.6%

Value ($000) $2,093 (+5.4%) Shares 29,900 (+3.1%) Est. Cost $39.62 Unrealized +35.3%

GAP GAP INC/THE 0.5%

Value ($000) $1,909 (+5.8%) Shares 61,200 (+15.5%) Est. Cost $22.75 Unrealized +9.0%

EMR EMERSON ELECTRIC CO 0.7%

Value ($000) $2,452 (+4.4%) Shares 35,900 (+6.5%) Est. Cost $49.83 Unrealized +18.4%

PFE PFIZER INC 1.3%

Value ($000) $4,447 (+2.1%) Shares 125,300 (+4.2%) Est. Cost $21.18 Unrealized +14.4%

CMI CUMMINS INC 0.6%

Value ($000) $2,042 (+4.1%) Shares 12,600 (+13.5%) Est. Cost $100.09 Unrealized +39.6%

AMP AMERIPRISE FINANCIAL INC 0.6%

Value ($000) $1,968 (-3.2%) Shares 13,300 (+10.8%) Est. Cost $110.44 Unrealized +26.7%

CDP CORPORATE OFFICE PROPERTIES 0.2%

Value ($000) $659 (+10.0%) Shares 25,500 (+24.4%) Est. Cost $28.81 Unrealized —

ITW ILLINOIS TOOL WORKS 0.7%

Value ($000) $2,381 (-2.3%) Shares 15,200 (+4.1%) Est. Cost $71.05 Unrealized +92.6%

MAS MASCO CORP 0.6%

Value ($000) $1,990 (+2.5%) Shares 49,200 (+11.3%) Est. Cost $33.61 Unrealized +12.9%

ALL ALLSTATE CORP 0.7%

Value ($000) $2,379 (+1.4%) Shares 25,100 (+12.1%) Est. Cost $58.58 Unrealized +37.8%

— FOREST CITY REALTY TRUST- A 0.2%

Value ($000) $750 (+3.7%) Shares 37,000 (+23.3%) Est. Cost $21.22 Unrealized —

IRM IRON MOUNTAIN INC 0.3%

Value ($000) $1,101 (+2.4%) Shares 33,500 (+17.5%) Est. Cost $22.34 Unrealized -2.6%

— QTS REALTY TRUST INC-CL A 0.1%

Value ($000) $398 (+5.0%) Shares 11,000 (+57.1%) Est. Cost $46.52 Unrealized —

VRE MACK-CALI REALTY CORP 0.1%

Value ($000) $468 (+3.3%) Shares 28,000 (+33.3%) Est. Cost $21.96 Unrealized —

— GRAMERCY PROPERTY TRUST 0.3%

Value ($000) $884 (-1.6%) Shares 40,666 (+20.8%) Est. Cost $11.34 Unrealized —

SWK STANLEY BLACK and DECKER INC 0.6%

Value ($000) $2,160 (-0.6%) Shares 14,100 (+10.2%) Est. Cost $101.90 Unrealized +27.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	INGERSOLL-RAND PLC	45,900 (+155.0%)	$4,351 (+171.1%)	1.2%	$92.04	—	COMMON STOCK	000000000
FFIV	F5 NETWORKS INC	15,700 (+55.4%)	$2,270 (+71.3%)	0.6%	$120.68	+18.8%	COMMON STOCK	315616102
SBUX	STARBUCKS CORP	54,900 (+32.0%)	$3,178 (+33.0%)	0.9%	$43.50	+12.0%	COMMON STOCK	855244109
OMC	OMNICOM GROUP	29,100 (+57.3%)	$2,115 (+57.0%)	0.6%	$53.65	+5.3%	COMMON STOCK	681919106
SWKS	SKYWORKS SOLUTIONS INC	23,200 (+38.9%)	$2,326 (+46.7%)	0.7%	$70.45	+23.4%	COMMON STOCK	83088M102
LEG	LEGGETT and PLATT INC	44,500 (+71.2%)	$1,974 (+59.1%)	0.6%	$49.55	-7.5%	COMMON STOCK	524660107
PPL	PPL CORP	71,700 (+70.7%)	$2,028 (+56.0%)	0.6%	$24.04	-13.1%	COMMON STOCK	69351T106
FISV	FISERV INC	34,000 (+161.5%)	$2,425 (+42.2%)	0.7%	$64.89	+8.4%	COMMON STOCK	337738108
TJX	TJX COMPANIES INC	33,400 (+27.0%)	$2,724 (+35.5%)	0.8%	$31.27	+13.5%	COMMON STOCK	872540109
SO	SOUTHERN CO/THE	58,500 (+47.0%)	$2,613 (+36.5%)	0.7%	$30.33	+6.0%	COMMON STOCK	842587107
LEA	LEAR CORP	11,100 (+38.8%)	$2,066 (+46.2%)	0.6%	$152.36	+5.4%	COMMON STOCK	521865204
IBM	INTL BUSINESS MACHINES CORP	23,300 (+22.0%)	$3,575 (+22.0%)	1.0%	$102.76	+4.4%	COMMON STOCK	459200101
CHD	CHURCH and DWIGHT CO INC	44,700 (+38.8%)	$2,251 (+39.4%)	0.6%	$43.21	+3.3%	COMMON STOCK	171340102
KMB	KIMBERLY-CLARK CORP	20,900 (+49.3%)	$2,302 (+36.3%)	0.7%	$92.91	-7.2%	COMMON STOCK	494368103
PEG	PUBLIC SERVICE ENTERPRISE GP	46,100 (+35.6%)	$2,316 (+32.3%)	0.7%	$38.05	-1.3%	COMMON STOCK	744573106
UNP	UNION PACIFIC CORP	26,100 (+18.6%)	$3,509 (+18.9%)	1.0%	$93.71	+20.6%	COMMON STOCK	907818108
MKC	MCCORMICK and CO-NON VTG SHRS	20,100 (+29.7%)	$2,138 (+35.3%)	0.6%	$35.58	+27.3%	COMMON STOCK	579780206
AOS	SMITH (A.O.) CORP	31,900 (+32.9%)	$2,029 (+37.9%)	0.6%	$53.41	+4.9%	COMMON STOCK	831865209
HSIC	HENRY SCHEIN INC	27,800 (+47.9%)	$1,868 (+42.2%)	0.5%	$61.11	-9.3%	COMMON STOCK	806407102
STT	STATE STREET CORP	23,100 (+28.3%)	$2,304 (+31.1%)	0.7%	$76.08	+7.7%	COMMON STOCK	857477103
L	LOEWS CORP	41,700 (+34.5%)	$2,074 (+33.7%)	0.6%	$46.03	+6.1%	COMMON STOCK	540424108
RHI	ROBERT HALF INTL INC	36,400 (+25.5%)	$2,107 (+30.8%)	0.6%	$54.01	+5.8%	COMMON STOCK	770323103
DUK	DUKE ENERGY CORP	34,500 (+32.2%)	$2,673 (+21.8%)	0.8%	$48.72	+15.1%	COMMON STOCK	26441C204
CTSH	COGNIZANT TECH SOLUTIONS-A	33,500 (+6.7%)	$2,697 (+20.9%)	0.8%	$54.73	+29.0%	COMMON STOCK	192446102
—	PHYSICIANS REALTY TRUST	41,000 (+272.7%)	$638 (+222.2%)	0.2%	$16.11	—	COMMON STOCK	71943U104
FAST	FASTENAL CO	38,700 (+24.8%)	$2,113 (+24.7%)	0.6%	$9.42	+19.2%	COMMON STOCK	311900104
—	COLONY NORTHSTAR INC-CLASS A	147,286 (+305.9%)	$828 (+100.0%)	0.2%	$7.41	—	COMMON STOCK	19625W104
TGT	TARGET CORP	33,200 (+14.5%)	$2,305 (+21.8%)	0.7%	$49.38	+18.4%	COMMON STOCK	87612E106
LLY	ELI LILLY and CO	35,800 (+27.9%)	$2,770 (+17.1%)	0.8%	$74.50	-3.7%	COMMON STOCK	532457108
CL	COLGATE-PALMOLIVE CO	39,200 (+22.5%)	$2,810 (+16.4%)	0.8%	$59.30	+0.7%	COMMON STOCK	194162103
USB	US BANCORP	56,400 (+22.6%)	$2,848 (+15.5%)	0.8%	$39.21	+1.8%	COMMON STOCK	902973304
MRSH	MARSH and MCLENNAN COS	30,200 (+16.2%)	$2,494 (+17.9%)	0.7%	$50.96	+43.0%	COMMON STOCK	571748102
GPC	GENUINE PARTS CO	20,700 (+32.7%)	$1,860 (+25.5%)	0.5%	$68.08	+12.9%	COMMON STOCK	372460105
HSY	HERSHEY CO/THE	20,100 (+41.5%)	$1,989 (+23.4%)	0.6%	$76.30	+12.2%	COMMON STOCK	427866108
PG	PROCTER and GAMBLE CO/THE	57,900 (+25.9%)	$4,590 (+8.6%)	1.3%	$71.67	-5.3%	COMMON STOCK	742718109
—	CELGENE CORP	29,300 (+35.6%)	$2,614 (+16.0%)	0.7%	$115.19	—	COMMON STOCK	151020104
—	WABCO HOLDINGS INC	13,400 (+34.0%)	$1,794 (+25.0%)	0.5%	$141.06	—	COMMON STOCK	92927K102
DG	DOLLAR GENERAL CORP	22,700 (+19.5%)	$2,124 (+20.2%)	0.6%	$78.96	+9.9%	COMMON STOCK	256677105
INTU	INTUIT INC	15,000 (+4.9%)	$2,600 (+15.2%)	0.7%	$100.15	+59.3%	COMMON STOCK	461202103
AEP	AMERICAN ELECTRIC POWER	35,800 (+24.3%)	$2,456 (+15.9%)	0.7%	$52.63	-3.1%	COMMON STOCK	025537101
VFC	VF CORP	29,400 (+17.6%)	$2,179 (+17.8%)	0.6%	$67.00	+7.9%	COMMON STOCK	918204108
TRV	TRAVELERS COS INC/THE	16,900 (+12.7%)	$2,347 (+15.3%)	0.7%	$94.44	+24.5%	COMMON STOCK	89417E109
PAYX	PAYCHEX INC	33,300 (+29.6%)	$2,051 (+17.2%)	0.6%	$38.27	+36.8%	COMMON STOCK	704326107
YUM	YUM! BRANDS INC	27,800 (+9.4%)	$2,367 (+14.2%)	0.7%	$65.28	+8.8%	COMMON STOCK	988498101
—	CDK GLOBAL INC	29,200 (+32.7%)	$1,850 (+18.0%)	0.5%	$69.32	—	COMMON STOCK	12508E101
AFL	AFLAC INC	54,800 (+125.5%)	$2,398 (+12.4%)	0.7%	$30.95	+18.8%	COMMON STOCK	001055102
—	HUDSON PACIFIC PROPERTIES IN	25,500 (+54.5%)	$830 (+46.9%)	0.2%	$33.34	—	COMMON STOCK	444097109
CLX	CLOROX COMPANY	15,900 (+26.2%)	$2,116 (+12.9%)	0.6%	$97.58	+9.4%	COMMON STOCK	189054109
FBIN	FORTUNE BRANDS HOME and SECURI	29,600 (+34.5%)	$1,743 (+15.7%)	0.5%	$49.99	-1.2%	COMMON STOCK	34964C106
BIIB	BIOGEN INC	8,100 (+5.2%)	$2,218 (-9.6%)	0.6%	$360.18	-13.8%	COMMON STOCK	09062X103
—	SPIRIT REALTY CAPITAL INC	92,000 (+64.3%)	$714 (+48.8%)	0.2%	$7.78	—	COMMON STOCK	84860W102
MHK	MOHAWK INDUSTRIES INC	8,100 (+35.0%)	$1,881 (+13.7%)	0.5%	$265.53	-3.0%	COMMON STOCK	608190104
MO	ALTRIA GROUP INC	53,600 (+22.7%)	$3,340 (+7.0%)	1.0%	$29.21	+25.2%	COMMON STOCK	02209S103
ROST	ROSS STORES INC	28,800 (+13.8%)	$2,246 (+10.6%)	0.6%	$48.86	+50.1%	COMMON STOCK	778296103
—	TORCHMARK CORP	23,200 (+20.2%)	$1,953 (+11.5%)	0.6%	$61.28	—	COMMON STOCK	891027104
GNL	GLOBAL NET LEASE INC	34,992 (+84.2%)	$591 (+51.2%)	0.2%	$19.61	—	COMMON STOCK	379378201
EPR	EPR PROPERTIES	17,000 (+44.1%)	$942 (+22.0%)	0.3%	$57.65	—	COMMON STOCK	26884U109
PPG	PPG INDUSTRIES INC	20,000 (+13.0%)	$2,232 (+7.9%)	0.6%	$92.03	+8.1%	COMMON STOCK	693506107
—	WYNDHAM WORLDWIDE CORP	17,600 (+10.0%)	$2,014 (+8.6%)	0.6%	$106.26	—	COMMON STOCK	98310W108
SEIC	SEI INVESTMENTS COMPANY	28,000 (+3.7%)	$2,097 (+8.1%)	0.6%	$46.88	+43.4%	COMMON STOCK	784117103
—	APARTMENT INVT and MGMT CO -A	20,500 (+32.3%)	$835 (+23.2%)	0.2%	$42.57	—	COMMON STOCK	03748R101
TXN	TEXAS INSTRUMENTS INC	31,400 (+5.0%)	$3,262 (+4.5%)	0.9%	$42.72	+103.3%	COMMON STOCK	882508104
ROK	ROCKWELL AUTOMATION INC	11,600 (+5.5%)	$2,021 (-6.4%)	0.6%	$90.10	+81.9%	COMMON STOCK	773903109
—	Life Storage Inc	8,500 (+30.8%)	$710 (+22.6%)	0.2%	$86.65	—	COMMON STOCK	53223X107
—	CYRUSONE INC	9,700 (+56.5%)	$497 (+34.7%)	0.1%	$40.28	—	COMMON STOCK	23283R100
UPS	UNITED PARCEL SERVICE-CL B	24,250 (+19.8%)	$2,538 (+5.2%)	0.7%	$71.92	+18.8%	COMMON STOCK	911312106
WELL	WELLTOWER INC	28,247 (+27.0%)	$1,537 (+8.3%)	0.4%	$45.02	-4.6%	COMMON STOCK	95040Q104
—	AMERICAN CAMPUS COMMUNITIES	21,000 (+23.5%)	$811 (+16.2%)	0.2%	$38.73	—	COMMON STOCK	024835100
BBY	BEST BUY CO INC	29,900 (+3.1%)	$2,093 (+5.4%)	0.6%	$39.62	+35.3%	COMMON STOCK	086516101
GAP	GAP INC/THE	61,200 (+15.5%)	$1,909 (+5.8%)	0.5%	$22.75	+9.0%	COMMON STOCK	364760108
EMR	EMERSON ELECTRIC CO	35,900 (+6.5%)	$2,452 (+4.4%)	0.7%	$49.83	+18.4%	COMMON STOCK	291011104
PFE	PFIZER INC	125,300 (+4.2%)	$4,447 (+2.1%)	1.3%	$21.18	+14.4%	COMMON STOCK	717081103
CMI	CUMMINS INC	12,600 (+13.5%)	$2,042 (+4.1%)	0.6%	$100.09	+39.6%	COMMON STOCK	231021106
AMP	AMERIPRISE FINANCIAL INC	13,300 (+10.8%)	$1,968 (-3.2%)	0.6%	$110.44	+26.7%	COMMON STOCK	03076C106
CDP	CORPORATE OFFICE PROPERTIES	25,500 (+24.4%)	$659 (+10.0%)	0.2%	$28.81	—	COMMON STOCK	22002T108
ITW	ILLINOIS TOOL WORKS	15,200 (+4.1%)	$2,381 (-2.3%)	0.7%	$71.05	+92.6%	COMMON STOCK	452308109
MAS	MASCO CORP	49,200 (+11.3%)	$1,990 (+2.5%)	0.6%	$33.61	+12.9%	COMMON STOCK	574599106
ALL	ALLSTATE CORP	25,100 (+12.1%)	$2,379 (+1.4%)	0.7%	$58.58	+37.8%	COMMON STOCK	020002101
—	FOREST CITY REALTY TRUST- A	37,000 (+23.3%)	$750 (+3.7%)	0.2%	$21.22	—	COMMON STOCK	345605109
IRM	IRON MOUNTAIN INC	33,500 (+17.5%)	$1,101 (+2.4%)	0.3%	$22.34	-2.6%	COMMON STOCK	46284V101
—	QTS REALTY TRUST INC-CL A	11,000 (+57.1%)	$398 (+5.0%)	0.1%	$46.52	—	COMMON STOCK	74736A103
VRE	MACK-CALI REALTY CORP	28,000 (+33.3%)	$468 (+3.3%)	0.1%	$21.96	—	COMMON STOCK	554489104
—	GRAMERCY PROPERTY TRUST	40,666 (+20.8%)	$884 (-1.6%)	0.3%	$11.34	—	COMMON STOCK	385002308
SWK	STANLEY BLACK and DECKER INC	14,100 (+10.2%)	$2,160 (-0.6%)	0.6%	$101.90	+27.8%	COMMON STOCK	854502101

Exited Positions (35)

T ATandT INC 1.2%

Value ($000) $4,288 Shares 110,300 Est. Cost $12.32 Unrealized +28.3%

PM PHILIP MORRIS INTERNATIONAL 1.0%

Value ($000) $3,550 Shares 33,600 Est. Cost $48.75 Unrealized +40.9%

PEP PEPSICO INC 1.0%

Value ($000) $3,478 Shares 29,000 Est. Cost $88.18 Unrealized +1.2%

DIS WALT DISNEY CO/THE 1.0%

Value ($000) $3,419 Shares 31,800 Est. Cost $95.52 Unrealized +5.7%

— GENERAL ELECTRIC CO 0.9%

Value ($000) $3,106 Shares 178,000 Est. Cost $24.18 Unrealized —

— UNITED TECHNOLOGIES CORP 0.8%

Value ($000) $2,807 Shares 22,000 Est. Cost $112.23 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.7%

Value ($000) $2,512 Shares 41,000 Est. Cost $46.46 Unrealized +3.5%

CVS CVS HEALTH CORP 0.7%

Value ($000) $2,487 Shares 34,300 Est. Cost $60.81 Unrealized -8.2%

COST COSTCO WHOLESALE CORP 0.7%

Value ($000) $2,420 Shares 13,000 Est. Cost $154.45 Unrealized +9.6%

— TIME WARNER INC 0.7%

Value ($000) $2,323 Shares 25,400 Est. Cost $102.44 Unrealized —

ES EVERSOURCE ENERGY 0.5%

Value ($000) $1,851 Shares 29,300 Est. Cost $46.03 Unrealized -2.5%

— EATON VANCE CORP 0.5%

Value ($000) $1,748 Shares 31,000 Est. Cost $47.32 Unrealized —

ECL ECOLAB INC 0.5%

Value ($000) $1,744 Shares 13,000 Est. Cost $121.85 Unrealized +1.4%

CDW CDW CORP/DE 0.5%

Value ($000) $1,737 Shares 25,000 Est. Cost $53.99 Unrealized +23.1%

DAL DELTA AIR LINES INC 0.5%

Value ($000) $1,736 Shares 31,000 Est. Cost $45.29 Unrealized +12.0%

BK BANK OF NEW YORK MELLON CORP 0.5%

Value ($000) $1,724 Shares 32,000 Est. Cost $41.83 Unrealized +6.9%

CE CELANESE CORP-SERIES A 0.5%

Value ($000) $1,713 Shares 16,000 Est. Cost $75.56 Unrealized +19.9%

— KELLOGG CO 0.5%

Value ($000) $1,700 Shares 25,000 Est. Cost $44.70 Unrealized +5.7%

— CBS CORP-CLASS B NON VOTING 0.5%

Value ($000) $1,664 Shares 28,200 Est. Cost $58.01 Unrealized —

PFG PRINCIPAL FINANCIAL GROUP 0.5%

Value ($000) $1,623 Shares 23,000 Est. Cost $50.32 Unrealized -3.8%

UNM unum group 0.5%

Value ($000) $1,592 Shares 29,000 Est. Cost $53.68 Unrealized -2.7%

RGA REINSURANCE GROUP OF AMERICA 0.4%

Value ($000) $1,559 Shares 10,000 Est. Cost $151.41 Unrealized +3.8%

— VARIAN MEDICAL SYSTEMS INC 0.4%

Value ($000) $1,556 Shares 14,000 Est. Cost $111.14 Unrealized —

WAT WATERS CORP 0.4%

Value ($000) $1,546 Shares 8,000 Est. Cost $193.09 Unrealized +7.1%

NDAQ NASDAQ INC 0.4%

Value ($000) $1,537 Shares 20,000 Est. Cost $20.04 Unrealized +19.2%

CCK CROWN HOLDINGS INC 0.4%

Value ($000) $1,524 Shares 27,100 Est. Cost $56.34 Unrealized -10.0%

BEN FRANKLIN RESOURCES INC 0.4%

Value ($000) $1,517 Shares 35,000 Est. Cost $27.68 Unrealized -5.4%

EIX EDISON INTERNATIONAL 0.4%

Value ($000) $1,467 Shares 23,200 Est. Cost $55.33 Unrealized -20.9%

DPZ DOMINO'S PIZZA INC 0.4%

Value ($000) $1,455 Shares 7,700 Est. Cost $177.13 Unrealized +12.4%

TSCO TRACTOR SUPPLY COMPANY 0.4%

Value ($000) $1,450 Shares 19,400 Est. Cost $14.82 Unrealized -16.8%

SNA SNAP-ON INC 0.4%

Value ($000) $1,394 Shares 8,000 Est. Cost $131.85 Unrealized +1.8%

PCG P G and E CORP 0.4%

Value ($000) $1,314 Shares 29,300 Est. Cost $67.23 Unrealized -37.6%

OGE OGE ENERGY CORP 0.4%

Value ($000) $1,283 Shares 39,000 Est. Cost $35.32 Unrealized -10.6%

— FOOT LOCKER INC 0.3%

Value ($000) $994 Shares 21,200 Est. Cost $65.65 Unrealized —

— NEW YORK REIT INC 0.0%

Value ($000) $86 Shares 22,000 Est. Cost $7.86 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
T	ATandT INC	110,300	$4,288	1.2%	$12.32	+28.3%	—	00206R102
PM	PHILIP MORRIS INTERNATIONAL	33,600	$3,550	1.0%	$48.75	+40.9%	—	718172109
PEP	PEPSICO INC	29,000	$3,478	1.0%	$88.18	+1.2%	—	713448108
DIS	WALT DISNEY CO/THE	31,800	$3,419	1.0%	$95.52	+5.7%	—	254687106
—	GENERAL ELECTRIC CO	178,000	$3,106	0.9%	$24.18	—	—	369604103
—	UNITED TECHNOLOGIES CORP	22,000	$2,807	0.8%	$112.23	—	—	913017109
BMY	BRISTOL-MYERS SQUIBB CO	41,000	$2,512	0.7%	$46.46	+3.5%	—	110122108
CVS	CVS HEALTH CORP	34,300	$2,487	0.7%	$60.81	-8.2%	—	126650100
COST	COSTCO WHOLESALE CORP	13,000	$2,420	0.7%	$154.45	+9.6%	—	22160K105
—	TIME WARNER INC	25,400	$2,323	0.7%	$102.44	—	—	887317303
ES	EVERSOURCE ENERGY	29,300	$1,851	0.5%	$46.03	-2.5%	—	30040W108
—	EATON VANCE CORP	31,000	$1,748	0.5%	$47.32	—	—	278265103
ECL	ECOLAB INC	13,000	$1,744	0.5%	$121.85	+1.4%	—	278865100
CDW	CDW CORP/DE	25,000	$1,737	0.5%	$53.99	+23.1%	—	12514G108
DAL	DELTA AIR LINES INC	31,000	$1,736	0.5%	$45.29	+12.0%	—	247361702
BK	BANK OF NEW YORK MELLON CORP	32,000	$1,724	0.5%	$41.83	+6.9%	—	064058100
CE	CELANESE CORP-SERIES A	16,000	$1,713	0.5%	$75.56	+19.9%	—	150870103
—	KELLOGG CO	25,000	$1,700	0.5%	$44.70	+5.7%	—	487836108
—	CBS CORP-CLASS B NON VOTING	28,200	$1,664	0.5%	$58.01	—	—	124857202
PFG	PRINCIPAL FINANCIAL GROUP	23,000	$1,623	0.5%	$50.32	-3.8%	—	74251V102
UNM	unum group	29,000	$1,592	0.5%	$53.68	-2.7%	—	91529Y106
RGA	REINSURANCE GROUP OF AMERICA	10,000	$1,559	0.4%	$151.41	+3.8%	—	759351604
—	VARIAN MEDICAL SYSTEMS INC	14,000	$1,556	0.4%	$111.14	—	—	92220P105
WAT	WATERS CORP	8,000	$1,546	0.4%	$193.09	+7.1%	—	941848103
NDAQ	NASDAQ INC	20,000	$1,537	0.4%	$20.04	+19.2%	—	631103108
CCK	CROWN HOLDINGS INC	27,100	$1,524	0.4%	$56.34	-10.0%	—	228368106
BEN	FRANKLIN RESOURCES INC	35,000	$1,517	0.4%	$27.68	-5.4%	—	354613101
EIX	EDISON INTERNATIONAL	23,200	$1,467	0.4%	$55.33	-20.9%	—	281020107
DPZ	DOMINO'S PIZZA INC	7,700	$1,455	0.4%	$177.13	+12.4%	—	25754A201
TSCO	TRACTOR SUPPLY COMPANY	19,400	$1,450	0.4%	$14.82	-16.8%	—	892356106
SNA	SNAP-ON INC	8,000	$1,394	0.4%	$131.85	+1.8%	—	833034101
PCG	P G and E CORP	29,300	$1,314	0.4%	$67.23	-37.6%	—	69331C108
OGE	OGE ENERGY CORP	39,000	$1,283	0.4%	$35.32	-10.6%	—	670837103
—	FOOT LOCKER INC	21,200	$994	0.3%	$65.65	—	—	344849104
—	NEW YORK REIT INC	22,000	$86	0.0%	$7.86	—	—	64976L109

Decreased Positions (9)

MSFT MICROSOFT CORP 2.4%

Value ($000) $8,561 (-5.0%) Shares 93,800 (-10.9%) Est. Cost $39.56 Unrealized +113.1%

— VMWARE INC-CLASS A 0.5%

Value ($000) $1,746 (-16.1%) Shares 14,400 (-13.3%) Est. Cost $73.36 Unrealized —

MAN MANPOWERGROUP INC 0.5%

Value ($000) $1,830 (-14.6%) Shares 15,900 (-6.5%) Est. Cost $97.01 Unrealized +27.4%

AVY AVERY DENNISON CORP 0.5%

Value ($000) $1,902 (-13.3%) Shares 17,900 (-6.3%) Est. Cost $61.60 Unrealized +63.4%

MTD METTLER-TOLEDO INTERNATIONAL 0.5%

Value ($000) $1,880 (-13.3%) Shares 3,270 (-6.6%) Est. Cost $316.01 Unrealized +98.9%

EL ESTEE LAUDER COMPANIES-CL A 0.8%

Value ($000) $2,635 (+6.8%) Shares 17,600 (-9.3%) Est. Cost $71.22 Unrealized +76.2%

BR BROADRIDGE FINANCIAL SOLUTIO 0.5%

Value ($000) $1,865 (+2.9%) Shares 17,000 (-15.0%) Est. Cost $62.39 Unrealized +39.3%

AMAT APPLIED MATERIALS INC 0.8%

Value ($000) $2,747 (+1.6%) Shares 49,400 (-6.6%) Est. Cost $19.78 Unrealized +157.2%

NTAP NETAPP INC 0.6%

Value ($000) $2,202 (-0.5%) Shares 35,700 (-10.8%) Est. Cost $31.89 Unrealized +55.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	93,800 (-10.9%)	$8,561 (-5.0%)	2.4%	$39.56	+113.1%	COMMON STOCK	594918104
—	VMWARE INC-CLASS A	14,400 (-13.3%)	$1,746 (-16.1%)	0.5%	$73.36	—	COMMON STOCK	928563402
MAN	MANPOWERGROUP INC	15,900 (-6.5%)	$1,830 (-14.6%)	0.5%	$97.01	+27.4%	COMMON STOCK	56418H100
AVY	AVERY DENNISON CORP	17,900 (-6.3%)	$1,902 (-13.3%)	0.5%	$61.60	+63.4%	COMMON STOCK	053611109
MTD	METTLER-TOLEDO INTERNATIONAL	3,270 (-6.6%)	$1,880 (-13.3%)	0.5%	$316.01	+98.9%	COMMON STOCK	592688105
EL	ESTEE LAUDER COMPANIES-CL A	17,600 (-9.3%)	$2,635 (+6.8%)	0.8%	$71.22	+76.2%	COMMON STOCK	518439104
BR	BROADRIDGE FINANCIAL SOLUTIO	17,000 (-15.0%)	$1,865 (+2.9%)	0.5%	$62.39	+39.3%	COMMON STOCK	11133T103
AMAT	APPLIED MATERIALS INC	49,400 (-6.6%)	$2,747 (+1.6%)	0.8%	$19.78	+157.2%	COMMON STOCK	038222105
NTAP	NETAPP INC	35,700 (-10.8%)	$2,202 (-0.5%)	0.6%	$31.89	+55.2%	COMMON STOCK	64110D104

Unchanged Positions (77)

MA MASTERCARD INC - A 1.2%

Value ($000) $4,291 Shares 24,500 Est. Cost $89.58 Unrealized +82.8%

SPG SIMON PROPERTY GROUP INC 1.2%

Value ($000) $4,246 Shares 27,506 Est. Cost $111.73 Unrealized -7.1%

— CIGNA CORP 0.6%

Value ($000) $2,046 Shares 12,200 Est. Cost $186.97 Unrealized —

— DR PEPPER SNAPPLE GROUP INC 0.6%

Value ($000) $1,989 Shares 16,800 Est. Cost $92.77 Unrealized —

MCD MCDONALD'S CORP 1.0%

Value ($000) $3,440 Shares 22,000 Est. Cost $117.92 Unrealized +15.9%

SPGI SandP GLOBAL INC 0.8%

Value ($000) $2,809 Shares 14,700 Est. Cost $96.34 Unrealized +78.8%

VTR VENTAS INC 0.4%

Value ($000) $1,405 Shares 28,362 Est. Cost $45.96 Unrealized -18.6%

HD HOME DEPOT INC 1.3%

Value ($000) $4,527 Shares 25,400 Est. Cost $87.83 Unrealized +76.2%

— SELECT INCOME REIT 0.3%

Value ($000) $953 Shares 48,900 Est. Cost $22.30 Unrealized —

MMM 3M CO 1.0%

Value ($000) $3,359 Shares 15,300 Est. Cost $92.30 Unrealized +62.7%

V VISA INC-CLASS A SHARES 1.4%

Value ($000) $4,785 Shares 40,000 Est. Cost $71.26 Unrealized +61.1%

KRG KITE REALTY GROUP TRUST 0.2%

Value ($000) $691 Shares 45,400 Est. Cost $24.26 Unrealized —

MCO MOODY'S CORP 0.7%

Value ($000) $2,323 Shares 14,400 Est. Cost $121.93 Unrealized +23.8%

— SENIOR HOUSING PROP TRUST 0.3%

Value ($000) $879 Shares 56,100 Est. Cost $17.58 Unrealized —

LOW LOWE'S COS INC 0.7%

Value ($000) $2,571 Shares 29,300 Est. Cost $56.94 Unrealized +43.9%

— BLACKROCK INC 0.8%

Value ($000) $2,763 Shares 5,100 Est. Cost $362.50 Unrealized —

SKT TANGER FACTORY OUTLET CENTER 0.2%

Value ($000) $693 Shares 31,500 Est. Cost $32.90 Unrealized —

BRX BRIXMOR PROPERTY GROUP INC 0.2%

Value ($000) $636 Shares 41,711 Est. Cost $25.33 Unrealized —

AVB AVALONBAY COMMUNITIES INC 0.5%

Value ($000) $1,612 Shares 9,802 Est. Cost $121.17 Unrealized +2.9%

BDN BRANDYWINE REALTY TRUST 0.3%

Value ($000) $945 Shares 59,500 Est. Cost $14.35 Unrealized —

UNH UNITEDHEALTH GROUP INC 1.2%

Value ($000) $4,366 Shares 20,400 Est. Cost $97.08 Unrealized +107.2%

— RAMCO-GERSHENSON PROPERTIES 0.2%

Value ($000) $681 Shares 55,100 Est. Cost $16.42 Unrealized —

DLR DIGITAL REALTY TRUST INC 0.4%

Value ($000) $1,575 Shares 14,947 Est. Cost $53.80 Unrealized +48.8%

— VEREIT INC 0.3%

Value ($000) $1,065 Shares 153,000 Est. Cost $8.45 Unrealized —

AAPL APPLE INC 2.5%

Value ($000) $8,624 Shares 51,400 Est. Cost $26.04 Unrealized +55.2%

MAA MID-AMERICA APARTMENT COMM 0.3%

Value ($000) $1,218 Shares 13,350 Est. Cost $60.42 Unrealized +14.2%

VNO VORNADO REALTY TRUST 0.2%

Value ($000) $756 Shares 11,237 Est. Cost $103.92 Unrealized —

— HOSPITALITY PROPERTIES TRUST 0.2%

Value ($000) $691 Shares 27,266 Est. Cost $30.11 Unrealized —

— DDR CORP 0.2%

Value ($000) $542 Shares 74,000 Est. Cost $15.05 Unrealized —

— HCP INC 0.3%

Value ($000) $883 Shares 38,007 Est. Cost $39.95 Unrealized —

SHW SHERWIN-WILLIAMS CO/THE 0.7%

Value ($000) $2,314 Shares 5,900 Est. Cost $79.61 Unrealized +59.6%

HIW HIGHWOODS PROPERTIES INC 0.2%

Value ($000) $631 Shares 14,398 Est. Cost $43.53 Unrealized —

CPT CAMDEN PROPERTY TRUST 0.3%

Value ($000) $1,030 Shares 12,231 Est. Cost $51.37 Unrealized +24.2%

HST HOST HOTELS and RESORTS INC 0.4%

Value ($000) $1,442 Shares 77,343 Est. Cost $13.12 Unrealized +10.3%

— LIBERTY PROPERTY TRUST 0.3%

Value ($000) $1,112 Shares 27,984 Est. Cost $35.55 Unrealized —

— COLUMBIA PROPERTY TRUST INC 0.2%

Value ($000) $716 Shares 35,000 Est. Cost $22.21 Unrealized —

STAG STAG INDUSTRIAL INC 0.2%

Value ($000) $610 Shares 25,500 Est. Cost $19.32 Unrealized —

— GGP Inc 0.2%

Value ($000) $593 Shares 29,000 Est. Cost $23.17 Unrealized —

— WEINGARTEN REALTY INVESTORS 0.1%

Value ($000) $486 Shares 17,314 Est. Cost $34.81 Unrealized —

MAC MACERICH CO/THE 0.1%

Value ($000) $463 Shares 8,266 Est. Cost $81.58 Unrealized —

PSA PUBLIC STORAGE 0.5%

Value ($000) $1,766 Shares 8,813 Est. Cost $133.35 Unrealized +5.6%

KIM KIMCO REALTY CORP 0.1%

Value ($000) $292 Shares 20,295 Est. Cost $15.89 Unrealized -34.5%

RLJ RLJ LODGING TRUST 0.2%

Value ($000) $560 Shares 28,800 Est. Cost $29.23 Unrealized —

SBRA SABRA HEALTH CARE REIT INC 0.3%

Value ($000) $1,092 Shares 61,874 Est. Cost $22.64 Unrealized —

GLPI GAMING AND LEISURE PROPERTIE 0.2%

Value ($000) $619 Shares 18,500 Est. Cost $33.97 Unrealized —

ESRT EMPIRE STATE REALTY TRUST-A 0.1%

Value ($000) $285 Shares 17,000 Est. Cost $17.78 Unrealized —

— QUALITY CARE PROPERTIES 0.1%

Value ($000) $206 Shares 10,601 Est. Cost $15.47 Unrealized —

— TAUBMAN CENTERS INC 0.1%

Value ($000) $341 Shares 6,000 Est. Cost $71.17 Unrealized —

PLD PROLOGIS INC 0.6%

Value ($000) $2,079 Shares 33,000 Est. Cost $30.21 Unrealized +65.0%

EQR EQUITY RESIDENTIAL 0.4%

Value ($000) $1,414 Shares 22,953 Est. Cost $44.80 Unrealized -1.2%

ARE ALEXANDRIA REAL ESTATE EQUIT 0.3%

Value ($000) $1,068 Shares 8,550 Est. Cost $64.41 Unrealized +44.1%

DRH DIAMONDROCK HOSPITALITY CO 0.2%

Value ($000) $595 Shares 57,000 Est. Cost $9.11 Unrealized —

AHRT ARMADA HOFFLER PROPERTIES IN 0.1%

Value ($000) $357 Shares 26,101 Est. Cost $13.77 Unrealized —

— CBL and ASSOCIATES PROPERTIES 0.0%

Value ($000) $133 Shares 32,000 Est. Cost $9.31 Unrealized —

EGP EASTGROUP PROPERTIES INC 0.2%

Value ($000) $671 Shares 8,122 Est. Cost $57.33 Unrealized —

UDR UDR INC 0.1%

Value ($000) $517 Shares 14,519 Est. Cost $22.97 Unrealized +15.3%

— URSTADT BIDDLE - CLASS A 0.1%

Value ($000) $328 Shares 17,000 Est. Cost $21.31 Unrealized —

BXP BOSTON PROPERTIES INC 0.2%

Value ($000) $716 Shares 5,814 Est. Cost $86.39 Unrealized -1.5%

— TIER REIT INC 0.1%

Value ($000) $370 Shares 20,000 Est. Cost $17.35 Unrealized —

— COUSINS PROPERTIES INC 0.1%

Value ($000) $512 Shares 59,000 Est. Cost $10.38 Unrealized —

INN SUMMIT HOTEL PROPERTIES INC 0.1%

Value ($000) $255 Shares 18,700 Est. Cost $13.19 Unrealized —

RMR RMR GROUP INC/THE - A 0.1%

Value ($000) $195 Shares 2,782 Est. Cost $7.12 Unrealized +386.2%

— SL GREEN REALTY CORP 0.2%

Value ($000) $703 Shares 7,257 Est. Cost $114.13 Unrealized —

— NEW SENIOR INVESTMENT GROUP 0.1%

Value ($000) $342 Shares 41,863 Est. Cost $10.30 Unrealized —

— LASALLE HOTEL PROPERTIES 0.2%

Value ($000) $705 Shares 24,300 Est. Cost $26.32 Unrealized —

ELME WASHINGTON REIT 0.0%

Value ($000) $164 Shares 6,000 Est. Cost $32.67 Unrealized —

— INFRAREIT INC 0.1%

Value ($000) $480 Shares 24,720 Est. Cost $17.92 Unrealized —

— HEALTHCARE REALTY TRUST INC 0.0%

Value ($000) $113 Shares 4,082 Est. Cost $27.68 Unrealized —

KRC KILROY REALTY CORP 0.1%

Value ($000) $284 Shares 4,000 Est. Cost $61.75 Unrealized —

BAX BAXTER INTERNATIONAL INC 0.7%

Value ($000) $2,296 Shares 35,300 Est. Cost $42.39 Unrealized +39.0%

— DCT INDUSTRIAL TRUST INC 0.1%

Value ($000) $342 Shares 6,062 Est. Cost $33.66 Unrealized —

— DUKE REALTY CORP 0.1%

Value ($000) $416 Shares 15,707 Est. Cost $20.79 Unrealized —

JBGS JBG SMITH PROPERTIES 0.1%

Value ($000) $375 Shares 11,118 Est. Cost $34.18 Unrealized —

— CHESAPEAKE LODGING TRUST 0.1%

Value ($000) $403 Shares 14,500 Est. Cost $30.65 Unrealized —

INVH INVITATION HOMES INC 0.1%

Value ($000) $221 Shares 9,684 Est. Cost $18.66 Unrealized -3.8%

ESS ESSEX PROPERTY TRUST INC 0.2%

Value ($000) $722 Shares 3,000 Est. Cost $158.15 Unrealized +11.3%

KW KENNEDY-WILSON HOLDINGS INC 0.1%

Value ($000) $409 Shares 23,509 Est. Cost $18.83 Unrealized -8.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INC - A	24,500	$4,291	1.2%	$89.58	+82.8%	COMMON STOCK	57636Q104
SPG	SIMON PROPERTY GROUP INC	27,506	$4,246	1.2%	$111.73	-7.1%	COMMON STOCK	828806109
—	CIGNA CORP	12,200	$2,046	0.6%	$186.97	—	COMMON STOCK	125509109
—	DR PEPPER SNAPPLE GROUP INC	16,800	$1,989	0.6%	$92.77	—	COMMON STOCK	26138E109
MCD	MCDONALD'S CORP	22,000	$3,440	1.0%	$117.92	+15.9%	COMMON STOCK	580135101
SPGI	SandP GLOBAL INC	14,700	$2,809	0.8%	$96.34	+78.8%	COMMON STOCK	78409V104
VTR	VENTAS INC	28,362	$1,405	0.4%	$45.96	-18.6%	COMMON STOCK	92276F100
HD	HOME DEPOT INC	25,400	$4,527	1.3%	$87.83	+76.2%	COMMON STOCK	437076102
—	SELECT INCOME REIT	48,900	$953	0.3%	$22.30	—	COMMON STOCK	81618T100
MMM	3M CO	15,300	$3,359	1.0%	$92.30	+62.7%	COMMON STOCK	88579Y101
V	VISA INC-CLASS A SHARES	40,000	$4,785	1.4%	$71.26	+61.1%	COMMON STOCK	92826C839
KRG	KITE REALTY GROUP TRUST	45,400	$691	0.2%	$24.26	—	COMMON STOCK	49803T300
MCO	MOODY'S CORP	14,400	$2,323	0.7%	$121.93	+23.8%	COMMON STOCK	615369105
—	SENIOR HOUSING PROP TRUST	56,100	$879	0.3%	$17.58	—	COMMON STOCK	81721M109
LOW	LOWE'S COS INC	29,300	$2,571	0.7%	$56.94	+43.9%	COMMON STOCK	548661107
—	BLACKROCK INC	5,100	$2,763	0.8%	$362.50	—	COMMON STOCK	09247X101
SKT	TANGER FACTORY OUTLET CENTER	31,500	$693	0.2%	$32.90	—	COMMON STOCK	875465106
BRX	BRIXMOR PROPERTY GROUP INC	41,711	$636	0.2%	$25.33	—	COMMON STOCK	11120U105
AVB	AVALONBAY COMMUNITIES INC	9,802	$1,612	0.5%	$121.17	+2.9%	COMMON STOCK	053484101
BDN	BRANDYWINE REALTY TRUST	59,500	$945	0.3%	$14.35	—	COMMON STOCK	105368203
UNH	UNITEDHEALTH GROUP INC	20,400	$4,366	1.2%	$97.08	+107.2%	COMMON STOCK	91324P102
—	RAMCO-GERSHENSON PROPERTIES	55,100	$681	0.2%	$16.42	—	COMMON STOCK	751452202
DLR	DIGITAL REALTY TRUST INC	14,947	$1,575	0.4%	$53.80	+48.8%	COMMON STOCK	253868103
—	VEREIT INC	153,000	$1,065	0.3%	$8.45	—	COMMON STOCK	92339V100
AAPL	APPLE INC	51,400	$8,624	2.5%	$26.04	+55.2%	COMMON STOCK	037833100
MAA	MID-AMERICA APARTMENT COMM	13,350	$1,218	0.3%	$60.42	+14.2%	COMMON STOCK	59522J103
VNO	VORNADO REALTY TRUST	11,237	$756	0.2%	$103.92	—	COMMON STOCK	929042109
—	HOSPITALITY PROPERTIES TRUST	27,266	$691	0.2%	$30.11	—	COMMON STOCK	44106M102
—	DDR CORP	74,000	$542	0.2%	$15.05	—	COMMON STOCK	23317H102
—	HCP INC	38,007	$883	0.3%	$39.95	—	COMMON STOCK	40414L109
SHW	SHERWIN-WILLIAMS CO/THE	5,900	$2,314	0.7%	$79.61	+59.6%	COMMON STOCK	824348106
HIW	HIGHWOODS PROPERTIES INC	14,398	$631	0.2%	$43.53	—	COMMON STOCK	431284108
CPT	CAMDEN PROPERTY TRUST	12,231	$1,030	0.3%	$51.37	+24.2%	COMMON STOCK	133131102
HST	HOST HOTELS and RESORTS INC	77,343	$1,442	0.4%	$13.12	+10.3%	COMMON STOCK	44107P104
—	LIBERTY PROPERTY TRUST	27,984	$1,112	0.3%	$35.55	—	COMMON STOCK	531172104
—	COLUMBIA PROPERTY TRUST INC	35,000	$716	0.2%	$22.21	—	COMMON STOCK	198287203
STAG	STAG INDUSTRIAL INC	25,500	$610	0.2%	$19.32	—	COMMON STOCK	85254J102
—	GGP Inc	29,000	$593	0.2%	$23.17	—	COMMON STOCK	36174X101
—	WEINGARTEN REALTY INVESTORS	17,314	$486	0.1%	$34.81	—	COMMON STOCK	948741103
MAC	MACERICH CO/THE	8,266	$463	0.1%	$81.58	—	COMMON STOCK	554382101
PSA	PUBLIC STORAGE	8,813	$1,766	0.5%	$133.35	+5.6%	COMMON STOCK	74460D109
KIM	KIMCO REALTY CORP	20,295	$292	0.1%	$15.89	-34.5%	COMMON STOCK	49446R109
RLJ	RLJ LODGING TRUST	28,800	$560	0.2%	$29.23	—	COMMON STOCK	74965L101
SBRA	SABRA HEALTH CARE REIT INC	61,874	$1,092	0.3%	$22.64	—	COMMON STOCK	78573L106
GLPI	GAMING AND LEISURE PROPERTIE	18,500	$619	0.2%	$33.97	—	COMMON STOCK	36467J108
ESRT	EMPIRE STATE REALTY TRUST-A	17,000	$285	0.1%	$17.78	—	COMMON STOCK	292104106
—	QUALITY CARE PROPERTIES	10,601	$206	0.1%	$15.47	—	COMMON STOCK	747545101
—	TAUBMAN CENTERS INC	6,000	$341	0.1%	$71.17	—	COMMON STOCK	876664103
PLD	PROLOGIS INC	33,000	$2,079	0.6%	$30.21	+65.0%	COMMON STOCK	74340W103
EQR	EQUITY RESIDENTIAL	22,953	$1,414	0.4%	$44.80	-1.2%	COMMON STOCK	29476L107
ARE	ALEXANDRIA REAL ESTATE EQUIT	8,550	$1,068	0.3%	$64.41	+44.1%	COMMON STOCK	015271109
DRH	DIAMONDROCK HOSPITALITY CO	57,000	$595	0.2%	$9.11	—	COMMON STOCK	252784301
AHRT	ARMADA HOFFLER PROPERTIES IN	26,101	$357	0.1%	$13.77	—	COMMON STOCK	04208T108
—	CBL and ASSOCIATES PROPERTIES	32,000	$133	0.0%	$9.31	—	COMMON STOCK	124830100
EGP	EASTGROUP PROPERTIES INC	8,122	$671	0.2%	$57.33	—	COMMON STOCK	277276101
UDR	UDR INC	14,519	$517	0.1%	$22.97	+15.3%	COMMON STOCK	902653104
—	URSTADT BIDDLE - CLASS A	17,000	$328	0.1%	$21.31	—	COMMON STOCK	917286205
BXP	BOSTON PROPERTIES INC	5,814	$716	0.2%	$86.39	-1.5%	COMMON STOCK	101121101
—	TIER REIT INC	20,000	$370	0.1%	$17.35	—	COMMON STOCK	88650V208
—	COUSINS PROPERTIES INC	59,000	$512	0.1%	$10.38	—	COMMON STOCK	222795106
INN	SUMMIT HOTEL PROPERTIES INC	18,700	$255	0.1%	$13.19	—	COMMON STOCK	866082100
RMR	RMR GROUP INC/THE - A	2,782	$195	0.1%	$7.12	+386.2%	COMMON STOCK	74967R106
—	SL GREEN REALTY CORP	7,257	$703	0.2%	$114.13	—	COMMON STOCK	78440X101
—	NEW SENIOR INVESTMENT GROUP	41,863	$342	0.1%	$10.30	—	COMMON STOCK	648691103
—	LASALLE HOTEL PROPERTIES	24,300	$705	0.2%	$26.32	—	COMMON STOCK	517942108
ELME	WASHINGTON REIT	6,000	$164	0.0%	$32.67	—	COMMON STOCK	939653101
—	INFRAREIT INC	24,720	$480	0.1%	$17.92	—	COMMON STOCK	45685L100
—	HEALTHCARE REALTY TRUST INC	4,082	$113	0.0%	$27.68	—	COMMON STOCK	421946104
KRC	KILROY REALTY CORP	4,000	$284	0.1%	$61.75	—	COMMON STOCK	49427F108
BAX	BAXTER INTERNATIONAL INC	35,300	$2,296	0.7%	$42.39	+39.0%	COMMON STOCK	071813109
—	DCT INDUSTRIAL TRUST INC	6,062	$342	0.1%	$33.66	—	COMMON STOCK	233153204
—	DUKE REALTY CORP	15,707	$416	0.1%	$20.79	—	COMMON STOCK	264411505
JBGS	JBG SMITH PROPERTIES	11,118	$375	0.1%	$34.18	—	COMMON STOCK	46590V100
—	CHESAPEAKE LODGING TRUST	14,500	$403	0.1%	$30.65	—	COMMON STOCK	165240102
INVH	INVITATION HOMES INC	9,684	$221	0.1%	$18.66	-3.8%	COMMON STOCK	46187W107
ESS	ESSEX PROPERTY TRUST INC	3,000	$722	0.2%	$158.15	+11.3%	COMMON STOCK	297178105
KW	KENNEDY-WILSON HOLDINGS INC	23,509	$409	0.1%	$18.83	-8.9%	COMMON STOCK	489398107