The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it 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 |
| Acadia Realty Trust | COM SH BEN INT | 004239109 | 38,883 | 1,398,666 | SH | DFND | 1, 2, 3, 4, 5 | 1,213,106 | 0 | 185,560 | |
| Alexandria Real Estate Equitie | COM | 015271109 | 31,921 | 264,969 | SH | DFND | 1, 3, 4, 5 | 215,862 | 0 | 49,107 | |
| American Homes 4 Rent | CL A | 02665T306 | 36,657 | 1,624,169 | SH | DFND | 2, 3, 4, 5 | 1,354,468 | 0 | 269,701 | |
| Avalonbay Communities Inc | COM | 053484101 | 89,493 | 465,695 | SH | DFND | 1, 2, 3, 4, 5 | 396,699 | 0 | 68,996 | |
| Boston Properties Inc | COM | 101121101 | 17,298 | 140,610 | SH | DFND | 3, 4, 5 | 122,739 | 0 | 17,871 | |
| Brandywine Realty Trust | SH BEN INT NEW | 105368203 | 16,219 | 925,206 | SH | DFND | 2, 3, 4, 5 | 790,593 | 0 | 134,613 | |
| Camden Property Trust | SH BEN INT | 133131102 | 37,184 | 434,854 | SH | DFND | 2, 3, 4, 5 | 366,244 | 0 | 68,610 | |
| Caretrust REIT Inc | COM | 14174T107 | 16,962 | 914,910 | SH | DFND | 3, 4, 5 | 676,072 | 0 | 238,838 | |
| Chesapeake Lodging Trust | SH BEN INT | 165240102 | 8,392 | 342,940 | SH | DFND | 3, 4, 5 | 342,940 | 0 | 0 | |
| Cousins Properties Inc | COM | 222795106 | 14,471 | 1,646,344 | SH | DFND | 3, 4, 5 | 1,304,924 | 0 | 341,420 | |
| Cubesmart | COM | 229663109 | 51,213 | 2,130,317 | SH | DFND | 2, 3, 4, 5 | 1,773,787 | 0 | 356,530 | |
| Cyrusone Inc | COM | 23283R100 | 38,149 | 684,284 | SH | DFND | 2, 3, 4, 5 | 549,762 | 0 | 134,522 | |
| DCT Industrial Trust Inc | COM NEW | 233153204 | 37,156 | 695,285 | SH | DFND | 2, 3, 4, 5 | 569,745 | 0 | 125,540 | |
| DDR Corp | COM | 23317H102 | 27,903 | 3,076,452 | SH | DFND | 2, 3, 4, 5 | 2,548,137 | 0 | 528,315 | |
| DiamondRock Hospitality Co | COM | 252784301 | 36,160 | 3,302,257 | SH | DFND | 2, 3, 4, 5 | 2,760,253 | 0 | 542,004 | |
| Douglas Emmett Inc | COM | 25960P109 | 8,159 | 213,523 | SH | DFND | 3, 4, 5 | 213,523 | 0 | 0 | |
| Empire State Realty Trust Inc | CL A | 292104106 | 9,057 | 436,066 | SH | DFND | 1, 2, 3, 4, 5 | 428,315 | 0 | 7,751 | |
| EPR Properties | COM SH BEN INT | 26884U109 | 23,229 | 323,215 | SH | DFND | 2, 3, 4, 5 | 225,565 | 0 | 97,650 | |
| Equinix Inc | COM PAR $0.001 | 29444U700 | 74,524 | 173,652 | SH | DFND | 1, 2, 3, 4, 5 | 131,548 | 0 | 42,104 | |
| Equity Residential | SH BEN INT | 29476L107 | 46,654 | 708,704 | SH | DFND | 1, 3, 4, 5 | 563,416 | 0 | 145,288 | |
| Essex Property Trust Inc | COM | 297178105 | 59,854 | 232,650 | SH | DFND | 1, 2, 3, 4, 5 | 199,380 | 0 | 33,270 | |
| Extra Space Storage Inc | COM | 30225T102 | 41,860 | 536,662 | SH | DFND | 2, 3, 4, 5 | 438,165 | 0 | 98,497 | |
| Federal Realty Investment Trus | SH BEN INT NEW | 313747206 | 26,044 | 206,058 | SH | DFND | 1, 3, 4, 5 | 174,287 | 0 | 31,771 | |
| Forest City Realty Trust Inc | COM CL A | 345605109 | 8,105 | 335,344 | SH | DFND | 3, 4, 5 | 335,344 | 0 | 0 | |
| GGP Inc | COM | 36174X101 | 68,300 | 2,898,974 | SH | DFND | 1, 2, 3, 4, 5 | 2,504,565 | 0 | 394,409 | |
| Gramercy Property Trust Inc | COM NEW | 385002308 | 2,541 | 85,512 | SH | DFND | 3, 4, 5 | 0 | 0 | 85,512 | |
| HCP Inc | COM | 40414L109 | 69,463 | 2,173,424 | SH | DFND | 2, 3, 4, 5 | 1,771,096 | 0 | 402,328 | |
| Healthcare Trust of America Inc | CL A NEW | 42225P501 | 12,628 | 405,922 | SH | DFND | 3, 4, 5 | 293,544 | 0 | 112,378 | |
| Hudson Pacific Properties Inc | COM | 444097109 | 24,835 | 726,378 | SH | DFND | 1, 2, 3, 4, 5 | 655,346 | 0 | 71,032 | |
| Interxion Holdings NV | SHS | N47279109 | 3,572 | 78,030 | SH | DFND | 3, 4, 5 | 75,663 | 0 | 2,367 | |
| Invitation Homes Inc | COM | 46187W107 | 10,042 | 464,263 | SH | DFND | 3, 4, 5 | 346,123 | 0 | 118,140 | |
| Kilroy Realty Corp | COM | 49427F108 | 39,942 | 531,495 | SH | DFND | 1, 2, 3, 4, 5 | 449,395 | 0 | 82,100 | |
| LaSalle Hotel Properties | COM SH BEN INT | 517942108 | 7,917 | 265,676 | SH | DFND | 3, 4, 5 | 265,676 | 0 | 0 | |
| Macerich Co | COM | 554382101 | 8,097 | 139,457 | SH | DFND | 3, 4, 5 | 139,457 | 0 | 0 | |
| National Retail Properties Inc | COM | 637417106 | 28,839 | 737,582 | SH | DFND | 2, 3, 4, 5 | 504,482 | 0 | 233,100 | |
| New York REIT Inc | COM | 64976L109 | 21,529 | 2,491,737 | SH | DFND | 1, 2, 3, 4, 5 | 2,152,994 | 0 | 338,743 | |
| Paramount Group Inc | COM | 69924R108 | 27,880 | 1,742,509 | SH | DFND | 1, 2, 3, 4, 5 | 1,541,553 | 0 | 200,956 | |
| Park Hotels and Resorts Inc | COM | 700517105 | 25,974 | 963,428 | SH | DFND | 2, 3, 4, 5 | 800,761 | 0 | 162,667 | |
| Pennsylvania REIT | SH BEN INT | 709102107 | 11,754 | 1,038,308 | SH | DFND | 2, 3, 4, 5 | 875,441 | 0 | 162,867 | |
| Physicians Realty Trust | COM | 71943U104 | 34,820 | 1,728,881 | SH | DFND | 2, 3, 4, 5 | 1,483,577 | 0 | 245,304 | |
| Prologis Inc | COM | 74340W103 | 95,992 | 1,636,974 | SH | DFND | 1, 2, 3, 4, 5 | 1,373,877 | 0 | 263,097 | |
| Retail Properties of America I | CL A | 76131V202 | 30,942 | 2,534,160 | SH | DFND | 2, 3, 4, 5 | 2,191,887 | 0 | 342,273 | |
| Rexford Industrial Realty Inc | COM | 76169C100 | 21,004 | 765,441 | SH | DFND | 1, 3, 4, 5 | 640,109 | 0 | 125,332 | |
| Simon Property Group Inc New | COM | 828806109 | 74,562 | 460,943 | SH | DFND | 1, 2, 3, 4, 5 | 385,134 | 0 | 75,809 | |
| SL Green Realty Corp | COM | 78440X101 | 8,205 | 77,552 | SH | DFND | 3, 4, 5 | 77,552 | 0 | 0 | |
| Summit Hotel Properties | COM | 866082100 | 7,785 | 417,400 | SH | DFND | 3, 4, 5 | 315,338 | 0 | 102,062 | |
| Sunstone Hotel Investors Inc New | COM | 867892101 | 24,192 | 1,500,759 | SH | DFND | 2, 3, 4, 5 | 1,208,226 | 0 | 292,533 | |
| Taubman Centers Inc | COM | 876664103 | 21,937 | 368,372 | SH | DFND | 3, 4, 5 | 308,882 | 0 | 59,490 | |
| Terreno Realty Corp | COM | 88146M101 | 8,348 | 248,020 | SH | DFND | 3, 4, 5 | 248,020 | 0 | 0 | |
| Vornado Realty Trust | SH BEN INT | 929042109 | 61,539 | 655,369 | SH | DFND | 1, 2, 3, 4, 5 | 570,300 | 0 | 85,069 | |
| Welltower Inc | COM | 95040Q104 | 49,337 | 659,141 | SH | DFND | 2, 3, 4, 5 | 536,382 | 0 | 122,759 | |