Cbre Clarion Securities 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Agree Realty Corp	COM	008492100	5,439	92,000	SH		SOLE		0	0	92,000
Alexandria Real Estate Equitie	COM	015271109	203,420	1,765,189	SH		SOLE		1,108,012	0	657,177
American Campus Communities	COM	024835100	105,655	2,552,663	SH		SOLE		1,322,573	0	1,230,090
American Electric Power Co. In	COM	025537101	5,500	73,595	SH		SOLE		27,995	0	45,600
American Tower Corp.	COM	03027X100	2,363	14,938	SH		SOLE		5,638	0	9,300
American Water Works Co.	COM	030420103	1,152	12,696	SH		SOLE		4,796	0	7,900
Andeavor Logistics LP	COM	03350F106	1,620	49,857	SH		SOLE		49,857	0	0
Antero Midstream GP LP	COM	03675Y103	3,360	300,524	SH		SOLE		220,824	0	79,700
Antero Midstream Partners LP	COM	03673L103	1,051	49,149	SH		SOLE		49,149	0	0
Atmos Energy Corp.	COM	049560105	4,247	45,802	SH		SOLE		17,402	0	28,400
AvalonBay Communities Inc.	COM	053484101	249,072	1,431,038	SH		SOLE		825,167	0	605,871
Bluerock Residential Growth In	COM	09627J102	98	10,900	SH		SOLE		10,900	0	0
Brixmor Property Group	COM	11120U105	133,044	9,056,802	SH		SOLE		5,479,441	0	3,577,361
Buckeye Partners L.P.	COM	118230101	2,550	87,947	SH		SOLE		87,947	0	0
Cheniere Energy Inc.	COM	16411R208	6,862	115,931	SH		SOLE		61,094	0	54,837
Cheniere Energy Partners, L.P.	COM	16411Q101	986	27,300	SH		SOLE		27,300	0	0
CMS Energy Corporation	COM	125896100	2,371	47,750	SH		SOLE		18,166	0	29,584
Columbia Property Trust, Inc.	COM	198287203	115,224	5,954,710	SH		SOLE		3,960,206	0	1,994,504
CORECIVIC INC	COM	21871N101	7,881	441,999	SH		SOLE		182,076	0	259,923
Cousins Properties Inc.	COM	222795106	70,305	8,899,310	SH		SOLE		6,296,412	0	2,602,898
Crestwood Equity Partners LP	COM	226344208	2,207	79,088	SH		SOLE		79,088	0	0
Crown Castle International Cor	COM	22822V101	73,572	677,267	SH		SOLE		392,758	0	284,509
CubeSmart	COM	229663109	199,629	6,958,137	SH		SOLE		4,307,204	0	2,650,933
CYRUSONE INC	COM	23283R100	197,085	3,727,029	SH		SOLE		2,372,615	0	1,354,414
DCP Midstream LP	COM	23311P100	1,236	46,650	SH		SOLE		46,650	0	0
Diamondrock Hospitality	COM	252784301	14,393	1,585,167	SH		SOLE		761,075	0	824,092
Dominion Energy Inc.	COM	25746U109	6,261	87,617	SH		SOLE		35,417	0	52,200
Douglas Emmett Inc.	COM	25960P109	144,835	4,243,621	SH		SOLE		2,837,847	0	1,405,774
Duke Realty Corporation	COM	264411505	91,371	3,527,823	SH		SOLE		1,934,977	0	1,592,846
Enable Midstream Partners LP	COM	292480100	1,038	76,700	SH		SOLE		76,700	0	0
Energy Transfer LP	COM	29273V100	5,111	386,938	SH		SOLE		386,938	0	0
EnLink Midstream Partners LP	COM	29336U107	1,939	176,100	SH		SOLE		176,100	0	0
Enterprise Products Partners L	COM	293792107	5,203	211,577	SH		SOLE		211,577	0	0
EPR Properties	COM	26884U109	2,045	31,931	SH		SOLE		2,100	0	29,831
EQM Midstream Partners, L.P.	COM	26885B100	2,627	60,742	SH		SOLE		60,742	0	0
Equinix Inc	COM	29444U700	208,482	591,338	SH		SOLE		367,111	0	224,227
Equity Residential	COM	29476L107	351,085	5,318,662	SH		SOLE		3,502,649	0	1,816,013
Essex Property Trust Inc.	COM	297178105	12,479	50,891	SH		SOLE		42,022	0	8,869
Evergy Inc.	COM	30034W106	3,242	57,106	SH		SOLE		22,796	0	34,310
Exelon Corp.	COM	30161N101	3,206	71,094	SH		SOLE		27,194	0	43,900
Extra Space Storage Inc.	COM	30225T102	268,285	2,965,130	SH		SOLE		1,822,865	0	1,142,265
FirstEnergy Corp.	COM	337932107	3,661	97,490	SH		SOLE		37,190	0	60,300
Four Corners Property Trust	COM	35086T109	12,761	487,064	SH		SOLE		183,783	0	303,281
Front Yard Residential Corp	COM	35904G107	97	11,100	SH		SOLE		11,100	0	0
HCP Inc.	COM	40414L109	72,133	2,582,626	SH		SOLE		1,235,609	0	1,347,017
Healthcare Trust of America In	COM	42225P501	199,068	7,865,184	SH		SOLE		4,850,719	0	3,014,465
Hess Midstream Partners LP	COM	428104103	1,109	65,287	SH		SOLE		65,287	0	0
Hilton Worldwide Holdings Inc.	COM	43300A203	91,987	1,281,155	SH		SOLE		932,811	0	348,344
Host Hotels & Resorts Inc.	COM	44107P104	331	19,865	SH		SOLE		0	0	19,865
Hudson Pacific Properties	COM	444097109	171,412	5,898,541	SH		SOLE		3,726,680	0	2,171,861
Invitation Homes Inc	COM	46187W107	162,453	8,090,288	SH		SOLE		5,163,737	0	2,926,551
JBG SMITH Properties	COM	46590V100	54,435	1,563,764	SH		SOLE		958,104	0	605,660
Kansas City Southern	COM	485170302	841	8,806	SH		SOLE		4,206	0	4,600
Liberty Property Trust	COM	531172104	70,659	1,687,188	SH		SOLE		940,465	0	746,723
Life Storage Inc	COM	53223X107	902	9,700	SH		SOLE		900	0	8,800
Magellan Midstream Partners L.	COM	559080106	2,885	50,560	SH		SOLE		50,560	0	0
MGM Growth Properties LLC	COM	55303A105	76,005	2,877,892	SH		SOLE		1,750,352	0	1,127,540
Mid-America Apt. Comm.	COM	59522J103	96,564	1,009,027	SH		SOLE		594,824	0	414,203
MPLX LP	COM	55336V100	3,057	100,879	SH		SOLE		100,879	0	0
NexPoint Residential Trust, In	COM	65341D102	14,389	410,530	SH		SOLE		137,244	0	273,286
Nextera Energy Inc	COM	65339F101	4,089	23,523	SH		SOLE		8,953	0	14,570
Park Hotels & Resorts Inc	COM	700517105	4,944	190,283	SH		SOLE		91,753	0	98,530
Pebblebrook Hotel Trust	COM	70509V100	33,889	1,197,053	SH		SOLE		742,037	0	455,016
Piedmont Office Realty Trust I	COM	720190206	69,399	4,072,717	SH		SOLE		2,526,645	0	1,546,072
Plains All American Pipeline,	COM	726503105	4,010	200,100	SH		SOLE		200,100	0	0
Plains GP Holdings	COM	72651A207	1,175	58,455	SH		SOLE		29,455	0	29,000
ProLogis Inc.	COM	74340W103	398,635	6,788,750	SH		SOLE		4,429,219	0	2,359,531
Public Storage	COM	74460D109	9,665	47,748	SH		SOLE		47,748	0	0
QTS Realty Trust Inc	COM	74736A103	12,622	340,680	SH		SOLE		135,142	0	205,538
Regency Centers Corporation	COM	758849103	215,841	3,678,277	SH		SOLE		2,161,395	0	1,516,882
Ryman Hospitality Properties	COM	78377T107	37,994	569,718	SH		SOLE		378,530	0	191,188
Sempra Energy	COM	816851109	4,317	39,906	SH		SOLE		16,006	0	23,900
Shell Midstream Partners LP	COM	822634101	1,854	113,000	SH		SOLE		113,000	0	0
Simon Property Group Inc.	COM	828806109	489,451	2,913,571	SH		SOLE		1,843,634	0	1,069,937
Southwest Gas Holdings Inc.	COM	844895102	946	12,367	SH		SOLE		4,667	0	7,700
Spirit Realty Capital Inc.	COM	84860W300	6,054	171,740	SH		SOLE		0	0	171,740
STORE Capital Corp	COM	862121100	186,085	6,573,111	SH		SOLE		3,999,243	0	2,573,868
Summit Midstream Partners LP	COM	866142102	723	71,900	SH		SOLE		71,900	0	0
Sun Communities Inc.	COM	866674104	237,143	2,331,563	SH		SOLE		1,508,085	0	823,478
Tallgrass Energy LP	COM	874696107	2,707	111,202	SH		SOLE		111,202	0	0
Taubman Centers Inc.	COM	876664103	101,725	2,236,205	SH		SOLE		1,332,605	0	903,600
TIER REIT Inc	COM	88650V208	50,299	2,438,132	SH		SOLE		1,447,059	0	991,073
Union Pacific Corp	COM	907818108	4,674	33,815	SH		SOLE		13,415	0	20,400
USA Compression Partners LP	COM	90290N109	657	50,600	SH		SOLE		50,600	0	0
Ventas Inc.	COM	92276F100	1,005	17,158	SH		SOLE		0	0	17,158
VEREIT Inc	COM	92339V100	138,009	19,301,990	SH		SOLE		12,575,429	0	6,726,561
Vici Properties Inc.	COM	925652109	154,268	8,214,458	SH		SOLE		5,434,995	0	2,779,463
Vornado Realty Trust	COM	929042109	43,266	697,504	SH		SOLE		292,630	0	404,874
Welltower Inc.	COM	95040Q104	363,636	5,238,964	SH		SOLE		3,351,497	0	1,887,467
Western Gas Equity Partners LP	COM	95825R103	1,055	38,030	SH		SOLE		38,030	0	0
Western Gas Partners LP	COM	958254104	621	14,712	SH		SOLE		14,712	0	0
Williams Cos.	COM	969457100	9,027	409,408	SH		SOLE		242,308	0	167,100
Xenia Hotels & Resorts Inc	COM	984017103	1,330	77,346	SH		SOLE		77,346	0	0
Zayo Group Holdings Inc	COM	98919V105	1,064	46,580	SH		SOLE		20,580	0	26,000