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 RLTY TR | COM SH BEN INT | 004239109 | 5,341 | 216,417 | SH | DFND | 01 02 03 | 0 | 216,417 | 0 | |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 | 346,112 | 5,420,703 | SH | DFND | 01 02 03 | 0 | 5,420,703 | 0 | |
| AMERICAN CAMPUS CMNTYS INC | COM | 024835100 | 34,505 | 1,010,390 | SH | DFND | 01 02 03 | 0 | 1,010,390 | 0 | |
| AMERICAN RESIDENTIAL PPTYS I | COM | 02927E303 | 5,927 | 336,550 | SH | DFND | 01 02 03 | 0 | 336,550 | 0 | |
| APARTMENT INVT & MGMT CO | CL A | 03748R101 | 42,628 | 1,525,701 | SH | DFND | 01 02 03 | 0 | 1,525,701 | 0 | |
| AVALONBAY CMNTYS INC | COM | 053484101 | 598,738 | 4,711,137 | SH | DFND | 01 02 03 | 0 | 4,711,137 | 0 | |
| AVIV REIT INC MD | COM | 05381L101 | 2,366 | 103,778 | SH | DFND | 01 02 03 | 0 | 103,778 | 0 | |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 | 11,556 | 458,766 | SH | DFND | 01 02 03 | 0 | 458,766 | 0 | |
| BOSTON PROPERTIES INC | COM | 101121101 | 495,354 | 4,633,804 | SH | DFND | 01 02 03 | 0 | 4,633,804 | 0 | |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 | 3,500 | 265,561 | SH | DFND | 01 02 03 | 0 | 265,561 | 0 | |
| BROOKFIELD OFFICE PPTYS INC | COM | 112900105 | 13,163 | 685,396 | SH | DFND | 01 02 03 | 0 | 685,396 | 0 | |
| CBL & ASSOC PPTYS INC | COM | 124830100 | 5,037 | 263,737 | SH | DFND | 01 02 03 | 0 | 263,737 | 0 | |
| COLE REAL ESTATE INVTS INC | COM | 19329V105 | 35,186 | 2,870,000 | SH | DFND | 01 02 03 | 0 | 2,870,000 | 0 | |
| COMMONWEALTH REIT | COM SH BEN INT | 203233101 | 8,019 | 366,000 | SH | DFND | 01 02 03 | 0 | 366,000 | 0 | |
| CORESITE RLTY CORP | COM | 21870Q105 | 7,117 | 209,706 | SH | DFND | 01 02 03 | 0 | 209,706 | 0 | |
| CORPORATE OFFICE PPTYS TR | SH BEN INT | 22002T108 | 207,428 | 8,979,562 | SH | DFND | 01 02 03 | 0 | 8,979,562 | 0 | |
| CUBESMART | COM | 229663109 | 19,523 | 1,094,330 | SH | DFND | 01 02 03 | 0 | 1,094,330 | 0 | |
| DCT INDUSTRIAL TRUST INC | COM | 233153105 | 28,274 | 3,932,349 | SH | DFND | 01 02 03 | 0 | 3,932,349 | 0 | |
| DDR CORP | COM | 23317H102 | 58,667 | 3,734,371 | SH | DFND | 01 02 03 | 0 | 3,734,371 | 0 | |
| DIAMONDROCK HOSPITALITY CO | COM | 252784301 | 15,404 | 1,443,652 | SH | DFND | 01 02 03 | 0 | 1,443,652 | 0 | |
| DIGITAL RLTY TR INC | COM | 253868103 | 283,236 | 5,334,010 | SH | DFND | 01 02 03 | 0 | 5,334,010 | 0 | |
| DOUGLAS EMMETT INC | COM | 25960P109 | 151,761 | 6,466,178 | SH | DFND | 01 02 03 | 0 | 6,466,178 | 0 | |
| DUKE REALTY CORP | COM NEW | 264411505 | 9,133 | 591,532 | SH | DFND | 01 02 03 | 0 | 591,532 | 0 | |
| EPR PPTYS | CONV PFD 9% SR E | 26884U307 | 1,176 | 40,000 | SH | DFND | 01 02 03 | 0 | 40,000 | 0 | |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | 17,671 | 517,158 | SH | DFND | 01 02 03 | 0 | 517,158 | 0 | |
| EQUITY ONE | COM | 294752100 | 34,829 | 1,593,254 | SH | DFND | 01 02 03 | 0 | 1,593,254 | 0 | |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | 660,869 | 12,336,557 | SH | DFND | 01 02 03 | 0 | 12,336,557 | 0 | |
| ESSEX PPTY TR INC | COM | 297178105 | 51,209 | 346,707 | SH | DFND | 01 02 03 | 0 | 346,707 | 0 | |
| EXCEL TR INC | COM | 30068C109 | 24,474 | 2,039,501 | SH | DFND | 01 02 03 | 0 | 2,039,501 | 0 | |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | 69,877 | 1,527,377 | SH | DFND | 01 02 03 | 0 | 1,527,377 | 0 | |
| FEDERAL REALTY INVT TR | SH BEN INT NEW | 313747206 | 16,423 | 161,880 | SH | DFND | 01 02 03 | 0 | 161,880 | 0 | |
| FOREST CITY ENTERPRISES INC | CL A | 345550107 | 50,605 | 2,671,847 | SH | DFND | 01 02 03 | 0 | 2,671,847 | 0 | |
| FRANKLIN STREET PPTYS CORP | COM | 35471R106 | 4,676 | 367,012 | SH | DFND | 01 02 03 | 0 | 367,012 | 0 | |
| GENERAL GROWTH PPTYS INC NEW | COM | 370023103 | 105,407 | 5,464,348 | SH | DFND | 01 02 03 | 0 | 5,464,348 | 0 | |
| GLIMCHER RLTY TR | SH BEN INT | 379302102 | 11,405 | 1,169,717 | SH | DFND | 01 02 03 | 0 | 1,169,717 | 0 | |
| HCP INC | COM | 40414L109 | 130,990 | 3,198,777 | SH | DFND | 01 02 03 | 0 | 3,198,777 | 0 | |
| HEALTH CARE REIT INC | COM | 42217K106 | 91,036 | 1,459,381 | SH | DFND | 01 02 03 | 0 | 1,459,381 | 0 | |
| HEALTHCARE RLTY TR | COM | 421946104 | 5,801 | 251,014 | SH | DFND | 01 02 03 | 0 | 251,014 | 0 | |
| HERSHA HOSPITALITY TR | SH BEN INT A | 427825104 | 10,236 | 1,831,163 | SH | DFND | 01 02 03 | 0 | 1,831,163 | 0 | |
| HIGHWOODS PPTYS INC | COM | 431284108 | 5,221 | 147,855 | SH | DFND | 01 02 03 | 0 | 147,855 | 0 | |
| HOME PROPERTIES INC | COM | 437306103 | 10,203 | 176,668 | SH | DFND | 01 02 03 | 0 | 176,668 | 0 | |
| HOST HOTELS & RESORTS INC | COM | 44107P104 | 613,491 | 34,719,329 | SH | DFND | 01 02 03 | 0 | 34,719,329 | 0 | |
| HYATT HOTELS CORP | COM CL A | 448579102 | 1,985 | 46,211 | SH | DFND | 01 02 03 | 0 | 46,211 | 0 | |
| KILROY RLTY CORP | COM | 49427F108 | 54,116 | 1,083,400 | SH | DFND | 01 02 03 | 0 | 1,083,400 | 0 | |
| KIMCO RLTY CORP | COM | 49446R109 | 398,351 | 19,739,870 | SH | DFND | 01 02 03 | 0 | 19,739,870 | 0 | |
| KITE RLTY GROUP TR | COM | 49803T102 | 18,608 | 3,137,919 | SH | DFND | 01 02 03 | 0 | 3,137,919 | 0 | |
| LASALLE HOTEL PPTYS | COM SH BEN INT | 517942108 | 6,298 | 220,834 | SH | DFND | 01 02 03 | 0 | 220,834 | 0 | |
| LEXINGTON REALTY TRUST | COM | 529043101 | 16,204 | 1,442,923 | SH | DFND | 01 02 03 | 0 | 1,442,923 | 0 | |
| LEXINGTON REALTY TRUST | PFD CONV SER C | 529043309 | 458 | 10,000 | SH | DFND | 01 02 03 | 0 | 10,000 | 0 | |
| LIBERTY PPTY TR | SH BEN INT | 531172104 | 21,253 | 596,985 | SH | DFND | 01 02 03 | 0 | 596,985 | 0 | |
| MACERICH CO | COM | 554382101 | 30,075 | 532,874 | SH | DFND | 01 02 03 | 0 | 532,874 | 0 | |
| MACK CALI RLTY CORP | COM | 554489104 | 4,093 | 186,571 | SH | DFND | 01 02 03 | 0 | 186,571 | 0 | |
| MARRIOTT INTL INC NEW | CL A | 571903202 | 19,525 | 464,221 | SH | DFND | 01 02 03 | 0 | 464,221 | 0 | |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | 43,306 | 692,892 | SH | DFND | 01 02 03 | 0 | 692,892 | 0 | |
| NATIONAL RETAIL PPTYS INC | COM | 637417106 | 12,295 | 386,405 | SH | DFND | 01 02 03 | 0 | 386,405 | 0 | |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 | 21,597 | 723,031 | SH | DFND | 01 02 03 | 0 | 723,031 | 0 | |
| PIEDMONT OFFICE REALTY TR IN | COM CL A | 720190206 | 8,546 | 492,256 | SH | DFND | 01 02 03 | 0 | 492,256 | 0 | |
| POST PPTYS INC | COM | 737464107 | 35,352 | 785,243 | SH | DFND | 01 02 03 | 0 | 785,243 | 0 | |
| PROLOGIS INC | COM | 74340W103 | 585,032 | 15,551,077 | SH | DFND | 01 02 03 | 0 | 15,551,077 | 0 | |
| PUBLIC STORAGE | COM | 74460D109 | 651,034 | 4,055,023 | SH | DFND | 01 02 03 | 0 | 4,055,023 | 0 | |
| REALTY INCOME CORP | COM | 756109104 | 44,444 | 1,118,076 | SH | DFND | 01 02 03 | 0 | 1,118,076 | 0 | |
| REGENCY CTRS CORP | COM | 758849103 | 202,401 | 4,186,170 | SH | DFND | 01 02 03 | 0 | 4,186,170 | 0 | |
| RETAIL PPTYS AMER INC | CL A | 76131V202 | 794 | 57,764 | SH | DFND | 01 02 03 | 0 | 57,764 | 0 | |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 | 27,666 | 1,202,337 | SH | DFND | 01 02 03 | 0 | 1,202,337 | 0 | |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | 958,975 | 6,469,509 | SH | DFND | 01 02 03 | 0 | 6,469,509 | 0 | |
| SL GREEN RLTY CORP | COM | 78440X101 | 63,069 | 709,918 | SH | DFND | 01 02 03 | 0 | 709,918 | 0 | |
| SPIRIT RLTY CAP INC NEW | COM | 84860W102 | 10,662 | 1,161,404 | SH | DFND | 01 02 03 | 0 | 1,161,404 | 0 | |
| ST JOE CO | COM | 790148100 | 5,005 | 255,075 | SH | DFND | 01 02 03 | 0 | 255,075 | 0 | |
| STAG INDL INC | COM | 85254J102 | 6,650 | 330,541 | SH | DFND | 01 02 03 | 0 | 330,541 | 0 | |
| STARWOOD HOTELS&RESORTS WRLD | COM | 85590A401 | 1,279 | 19,255 | SH | DFND | 01 02 03 | 0 | 19,255 | 0 | |
| STRATEGIC HOTELS & RESORTS I | COM | 86272T106 | 6,151 | 708,627 | SH | DFND | 01 02 03 | 0 | 708,627 | 0 | |
| SUNSTONE HOTEL INVS INC NEW | COM | 867892101 | 40,774 | 3,200,455 | SH | DFND | 01 02 03 | 0 | 3,200,455 | 0 | |
| TANGER FACTORY OUTLET CTRS I | COM | 875465106 | 228,840 | 7,008,871 | SH | DFND | 01 02 03 | 0 | 7,008,871 | 0 | |
| TAUBMAN CTRS INC | COM | 876664103 | 33,069 | 491,291 | SH | DFND | 01 02 03 | 0 | 491,291 | 0 | |
| TERRENO RLTY CORP | COM | 88146M101 | 8,810 | 496,061 | SH | DFND | 01 02 03 | 0 | 496,061 | 0 | |
| UDR INC | COM | 902653104 | 13,243 | 558,777 | SH | DFND | 01 02 03 | 0 | 558,777 | 0 | |
| VENTAS INC | COM | 92276F100 | 608,619 | 9,896,248 | SH | DFND | 01 02 03 | 0 | 9,896,248 | 0 | |
| VORNADO RLTY TR | SH BEN INT | 929042109 | 540,680 | 6,432,067 | SH | DFND | 01 02 03 | 0 | 6,432,067 | 0 | |