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 |
| ||||||||||||||||||||
| 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 | 16,272 | 590,000 | SH | DFND | 01 02 03 | 0 | 590,000 | 0 | |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 | 380,134 | 5,154,356 | SH | DFND | 01 02 03 | 0 | 5,154,356 | 0 | |
| AMERICAN CAMPUS CMNTYS INC | COM | 024835100 | 44,214 | 1,213,000 | SH | DFND | 01 02 03 | 0 | 1,213,000 | 0 | |
| AMERICAN RESIDENTIAL PPTYS I | COM | 02927E303 | 5,922 | 322,904 | SH | DFND | 01 02 03 | 0 | 322,904 | 0 | |
| AMERICAN RLTY CAP PPTYS INC | COM | 02917T104 | 55,440 | 4,597,000 | SH | DFND | 01 02 03 | 0 | 4,597,000 | 0 | |
| APARTMENT INVT & MGMT CO | CL A | 03748R101 | 64,022 | 2,012,000 | SH | DFND | 01 02 03 | 0 | 2,012,000 | 0 | |
| AVALONBAY CMNTYS INC | COM | 053484101 | 655,890 | 4,652,697 | SH | DFND | 01 02 03 | 0 | 4,652,697 | 0 | |
| AVIV REIT INC MD | COM | 05381L101 | 15,072 | 572,000 | SH | DFND | 01 02 03 | 0 | 572,000 | 0 | |
| BIOMED REALTY TRUST INC | COM | 09063H107 | 16,200 | 802,000 | SH | DFND | 01 02 03 | 0 | 802,000 | 0 | |
| BOSTON PROPERTIES INC | COM | 101121101 | 501,013 | 4,328,031 | SH | DFND | 01 02 03 | 0 | 4,328,031 | 0 | |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 | 3,222 | 229,000 | SH | DFND | 01 02 03 | 0 | 229,000 | 0 | |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 | 192,463 | 8,646,157 | SH | DFND | 01 02 03 | 0 | 8,646,157 | 0 | |
| CAMDEN PPTY TR | SH BEN INT | 133131102 | 9,046 | 132,000 | SH | DFND | 01 02 03 | 0 | 132,000 | 0 | |
| CBL & ASSOC PPTYS INC | COM | 124830100 | 17,811 | 995,000 | SH | DFND | 01 02 03 | 0 | 995,000 | 0 | |
| CEDAR REALTY TRUST INC | COM NEW | 150602209 | 1,956 | 331,465 | SH | DFND | 01 02 03 | 0 | 331,465 | 0 | |
| COOPER STD HLDGS INC | COM | 21676P103 | 9,533 | 152,780 | SH | DFND | 01 02 03 | 0 | 152,780 | 0 | |
| CORESITE RLTY CORP | COM | 21870Q105 | 2,987 | 90,866 | SH | DFND | 01 02 03 | 0 | 90,866 | 0 | |
| CORPORATE OFFICE PPTYS TR | SH BEN INT | 22002T108 | 203,009 | 7,893,042 | SH | DFND | 01 02 03 | 0 | 7,893,042 | 0 | |
| COUSINS PPTYS INC | COM | 222795106 | 30,545 | 2,556,047 | SH | DFND | 01 02 03 | 0 | 2,556,047 | 0 | |
| CYRUSONE INC | COM | 23283R100 | 10,457 | 435,000 | SH | DFND | 01 02 03 | 0 | 435,000 | 0 | |
| DCT INDUSTRIAL TRUST INC | COM | 233153105 | 55,885 | 7,441,350 | SH | DFND | 01 02 03 | 0 | 7,441,350 | 0 | |
| DDR CORP | COM | 23317H102 | 61,299 | 3,664,000 | SH | DFND | 01 02 03 | 0 | 3,664,000 | 0 | |
| DIAMONDROCK HOSPITALITY CO | COM | 252784301 | 15,289 | 1,205,792 | SH | DFND | 01 02 03 | 0 | 1,205,792 | 0 | |
| DIGITAL RLTY TR INC | COM | 253868103 | 289,563 | 4,641,926 | SH | DFND | 01 02 03 | 0 | 4,641,926 | 0 | |
| DOUGLAS EMMETT INC | COM | 25960P109 | 149,601 | 5,827,824 | SH | DFND | 01 02 03 | 0 | 5,827,824 | 0 | |
| EPR PPTYS | CONV PFD 9% SR E | 26884U307 | 1,220 | 40,000 | SH | DFND | 01 02 03 | 0 | 40,000 | 0 | |
| EQUITY COMWLTH | COM SH BEN INT | 294628102 | 17,997 | 700,000 | SH | DFND | 01 02 03 | 0 | 700,000 | 0 | |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | 27,280 | 644,000 | SH | DFND | 01 02 03 | 0 | 644,000 | 0 | |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | 699,633 | 11,361,377 | SH | DFND | 01 02 03 | 0 | 11,361,377 | 0 | |
| ESSEX PPTY TR INC | COM | 297178105 | 61,857 | 346,056 | SH | DFND | 01 02 03 | 0 | 346,056 | 0 | |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | 54,922 | 1,065,000 | SH | DFND | 01 02 03 | 0 | 1,065,000 | 0 | |
| FEDERAL REALTY INVT TR | SH BEN INT NEW | 313747206 | 20,908 | 176,500 | SH | DFND | 01 02 03 | 0 | 176,500 | 0 | |
| FIRST INDUSTRIAL REALTY TRUS | COM | 32054K103 | 29,744 | 1,758,988 | SH | DFND | 01 02 03 | 0 | 1,758,988 | 0 | |
| FOREST CITY ENTERPRISES INC | CL A | 345550107 | 47,669 | 2,437,050 | SH | DFND | 01 02 03 | 0 | 2,437,050 | 0 | |
| GENERAL GROWTH PPTYS INC NEW | COM | 370023103 | 70,120 | 2,977,500 | SH | DFND | 01 02 03 | 0 | 2,977,500 | 0 | |
| GLIMCHER RLTY TR | SH BEN INT | 379302102 | 11,482 | 848,000 | SH | DFND | 01 02 03 | 0 | 848,000 | 0 | |
| GRAMERCY PPTY TR INC | COM | 38489R100 | 15,103 | 2,622,000 | SH | DFND | 01 02 03 | 0 | 2,622,000 | 0 | |
| HCP INC | COM | 40414L109 | 126,456 | 3,184,500 | SH | DFND | 01 02 03 | 0 | 3,184,500 | 0 | |
| HEALTH CARE REIT INC | COM | 42217K106 | 92,108 | 1,476,800 | SH | DFND | 01 02 03 | 0 | 1,476,800 | 0 | |
| HEALTHCARE TR AMER INC | CL A | 42225P105 | 5,858 | 505,000 | SH | DFND | 01 02 03 | 0 | 505,000 | 0 | |
| HERSHA HOSPITALITY TR | SH BEN INT A | 427825104 | 19,829 | 3,112,900 | SH | DFND | 01 02 03 | 0 | 3,112,900 | 0 | |
| HIGHWOODS PPTYS INC | COM | 431284108 | 6,516 | 167,500 | SH | DFND | 01 02 03 | 0 | 167,500 | 0 | |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A104 | 26,132 | 1,061,000 | SH | DFND | 01 02 03 | 0 | 1,061,000 | 0 | |
| HOSPITALITY PPTYS TR | COM SH BEN INT | 44106M102 | 7,984 | 297,353 | SH | DFND | 01 02 03 | 0 | 297,353 | 0 | |
| HOST HOTELS & RESORTS INC | COM | 44107P104 | 693,345 | 32,505,642 | SH | DFND | 01 02 03 | 0 | 32,505,642 | 0 | |
| HUDSON PAC PPTYS INC | COM | 444097109 | 6,165 | 250,000 | SH | DFND | 01 02 03 | 0 | 250,000 | 0 | |
| KILROY RLTY CORP | COM | 49427F108 | 50,643 | 852,000 | SH | DFND | 01 02 03 | 0 | 852,000 | 0 | |
| KIMCO RLTY CORP | COM | 49446R109 | 302,350 | 13,799,600 | SH | DFND | 01 02 03 | 0 | 13,799,600 | 0 | |
| KITE RLTY GROUP TR | COM NEW | 49803T300 | 36,009 | 1,485,500 | SH | DFND | 01 02 03 | 0 | 1,485,500 | 0 | |
| LASALLE HOTEL PPTYS | COM SH BEN INT | 517942108 | 39,034 | 1,140,000 | SH | DFND | 01 02 03 | 0 | 1,140,000 | 0 | |
| LEXINGTON REALTY TRUST | PFD CONV SER C | 529043309 | 474 | 10,000 | SH | DFND | 01 02 03 | 0 | 10,000 | 0 | |
| LIBERTY PPTY TR | SH BEN INT | 531172104 | 28,853 | 867,500 | SH | DFND | 01 02 03 | 0 | 867,500 | 0 | |
| MACERICH CO | COM | 554382101 | 98,107 | 1,537,000 | SH | DFND | 01 02 03 | 0 | 1,537,000 | 0 | |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | 63,681 | 970,000 | SH | DFND | 01 02 03 | 0 | 970,000 | 0 | |
| NATIONAL HEALTH INVS INC | COM | 63633D104 | 16,300 | 285,257 | SH | DFND | 01 02 03 | 0 | 285,257 | 0 | |
| NATIONAL RETAIL PPTYS INC | COM | 637417106 | 25,478 | 737,000 | SH | DFND | 01 02 03 | 0 | 737,000 | 0 | |
| NEW YORK REIT INC | COM | 64976L109 | 9,969 | 969,700 | SH | DFND | 01 02 03 | 0 | 969,700 | 0 | |
| PIEDMONT OFFICE REALTY TR IN | COM CL A | 720190206 | 2,545 | 144,256 | SH | DFND | 01 02 03 | 0 | 144,256 | 0 | |
| POST PPTYS INC | COM | 737464107 | 75,911 | 1,478,593 | SH | DFND | 01 02 03 | 0 | 1,478,593 | 0 | |
| PROLOGIS INC | COM | 74340W103 | 600,527 | 15,929,098 | SH | DFND | 01 02 03 | 0 | 15,929,098 | 0 | |
| PUBLIC STORAGE | COM | 74460D109 | 712,808 | 4,298,167 | SH | DFND | 01 02 03 | 0 | 4,298,167 | 0 | |
| RAMCO-GERSHENSON PPTYS TR | COM SH BEN INT | 751452202 | 24,692 | 1,519,500 | SH | DFND | 01 02 03 | 0 | 1,519,500 | 0 | |
| REALTY INCOME CORP | COM | 756109104 | 31,164 | 764,000 | SH | DFND | 01 02 03 | 0 | 764,000 | 0 | |
| REGENCY CTRS CORP | COM | 758849103 | 243,649 | 4,526,269 | SH | DFND | 01 02 03 | 0 | 4,526,269 | 0 | |
| RETAIL PPTYS AMER INC | CL A | 76131V202 | 31,698 | 2,166,610 | SH | DFND | 01 02 03 | 0 | 2,166,610 | 0 | |
| RLJ LODGING TR | COM | 74965L101 | 14,719 | 517,000 | SH | DFND | 01 02 03 | 0 | 517,000 | 0 | |
| ROUSE PPTYS INC | COM | 779287101 | 3,477 | 215,000 | SH | DFND | 01 02 03 | 0 | 215,000 | 0 | |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 | 47,740 | 1,963,000 | SH | DFND | 01 02 03 | 0 | 1,963,000 | 0 | |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | 1,067,701 | 6,493,740 | SH | DFND | 01 02 03 | 0 | 6,493,740 | 0 | |
| SL GREEN RLTY CORP | COM | 78440X101 | 33,233 | 328,000 | SH | DFND | 01 02 03 | 0 | 328,000 | 0 | |
| SPIRIT RLTY CAP INC NEW | COM | 84860W102 | 61,377 | 5,595,000 | SH | DFND | 01 02 03 | 0 | 5,595,000 | 0 | |
| STAG INDL INC | COM | 85254J102 | 14,416 | 696,100 | SH | DFND | 01 02 03 | 0 | 696,100 | 0 | |
| STARWOOD HOTELS&RESORTS WRLD | COM | 85590A401 | 34,199 | 411,000 | SH | DFND | 01 02 03 | 0 | 411,000 | 0 | |
| SUN CMNTYS INC | COM | 866674104 | 26,478 | 524,323 | SH | DFND | 01 02 03 | 0 | 524,323 | 0 | |
| TANGER FACTORY OUTLET CTRS I | COM | 875465106 | 189,000 | 5,776,296 | SH | DFND | 01 02 03 | 0 | 5,776,296 | 0 | |
| TERRENO RLTY CORP | COM | 88146M101 | 20,636 | 1,095,887 | SH | DFND | 01 02 03 | 0 | 1,095,887 | 0 | |
| UDR INC | COM | 902653104 | 52,222 | 1,916,390 | SH | DFND | 01 02 03 | 0 | 1,916,390 | 0 | |
| VENTAS INC | COM | 92276F100 | 615,372 | 9,933,363 | SH | DFND | 01 02 03 | 0 | 9,933,363 | 0 | |
| VORNADO RLTY TR | SH BEN INT | 929042109 | 673,931 | 6,742,007 | SH | DFND | 01 02 03 | 0 | 6,742,007 | 0 | |
| W P CAREY INC | COM | 92936U109 | 26,622 | 417,465 | SH | DFND | 01 02 03 | 0 | 417,465 | 0 | |
| WASHINGTON PRIME GROUP INC | COM | 939647103 | 56,519 | 3,233,370 | SH | DFND | 01 02 03 | 0 | 3,233,370 | 0 | |
| WASHINGTON REAL ESTATE INVT | SH BEN INT | 939653101 | 20,426 | 804,797 | SH | DFND | 01 02 03 | 0 | 804,797 | 0 | |