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 | 32,058 | 919,101 | SH | DFND | 01 02 03 | 0 | 919,101 | 0 | |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 | 505,229 | 5,153,295 | SH | DFND | 01 02 03 | 0 | 5,153,295 | 0 | |
| AMERICAN CAMPUS CMNTYS INC | COM | 024835100 | 42,744 | 997,057 | SH | DFND | 01 02 03 | 0 | 997,057 | 0 | |
| APARTMENT INVT & MGMT CO | CL A | 03748R101 | 66,302 | 1,684,500 | SH | DFND | 01 02 03 | 0 | 1,684,500 | 0 | |
| AVALONBAY CMNTYS INC | COM | 053484101 | 853,859 | 4,900,197 | SH | DFND | 01 02 03 | 0 | 4,900,197 | 0 | |
| BIOMED REALTY TRUST INC | COM | 09063H107 | 26,965 | 1,190,000 | SH | DFND | 01 02 03 | 0 | 1,190,000 | 0 | |
| BOSTON PROPERTIES INC | COM | 101121101 | 632,614 | 4,503,236 | SH | DFND | 01 02 03 | 0 | 4,503,236 | 0 | |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 | 409,012 | 15,405,322 | SH | DFND | 01 02 03 | 0 | 15,405,322 | 0 | |
| CHAMBERS STR PPTYS | COM | 157842105 | 21,355 | 2,710,000 | SH | DFND | 01 02 03 | 0 | 2,710,000 | 0 | |
| CHATHAM LODGING TR | COM | 16208T102 | 5,588 | 190,000 | SH | DFND | 01 02 03 | 0 | 190,000 | 0 | |
| COOPER STD HLDGS INC | COM | 21676P103 | 9,045 | 152,780 | SH | DFND | 01 02 03 | 0 | 152,780 | 0 | |
| CORPORATE OFFICE PPTYS TR | SH BEN INT | 22002T108 | 193,801 | 6,596,364 | SH | DFND | 01 02 03 | 0 | 6,596,364 | 0 | |
| COUSINS PPTYS INC | COM | 222795106 | 10,297 | 971,400 | SH | DFND | 01 02 03 | 0 | 971,400 | 0 | |
| CUBESMART | COM | 229663109 | 21,856 | 905,000 | SH | DFND | 01 02 03 | 0 | 905,000 | 0 | |
| DCT INDUSTRIAL TRUST INC | COM NEW | 233153204 | 41,453 | 1,196,000 | SH | DFND | 01 02 03 | 0 | 1,196,000 | 0 | |
| DDR CORP | COM | 23317H102 | 45,135 | 2,424,000 | SH | DFND | 01 02 03 | 0 | 2,424,000 | 0 | |
| DIAMONDROCK HOSPITALITY CO | COM | 252784301 | 35,961 | 2,545,000 | SH | DFND | 01 02 03 | 0 | 2,545,000 | 0 | |
| DIGITAL RLTY TR INC | COM | 253868103 | 273,299 | 4,143,396 | SH | DFND | 01 02 03 | 0 | 4,143,396 | 0 | |
| DUPONT FABROS TECHNOLOGY INC | COM | 26613Q106 | 12,435 | 380,500 | SH | DFND | 01 02 03 | 0 | 380,500 | 0 | |
| EPR PPTYS | CONV PFD 9% SR E | 26884U307 | 1,359 | 40,000 | SH | DFND | 01 02 03 | 0 | 40,000 | 0 | |
| EQUITY COMWLTH | COM SH BEN INT | 294628102 | 42,021 | 1,582,700 | SH | DFND | 01 02 03 | 0 | 1,582,700 | 0 | |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | 35,388 | 644,000 | SH | DFND | 01 02 03 | 0 | 644,000 | 0 | |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | 898,145 | 11,535,377 | SH | DFND | 01 02 03 | 0 | 11,535,377 | 0 | |
| ESSEX PPTY TR INC | COM | 297178105 | 83,937 | 365,101 | SH | DFND | 01 02 03 | 0 | 365,101 | 0 | |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | 71,962 | 1,065,000 | SH | DFND | 01 02 03 | 0 | 1,065,000 | 0 | |
| FEDERAL REALTY INVT TR | SH BEN INT NEW | 313747206 | 25,983 | 176,500 | SH | DFND | 01 02 03 | 0 | 176,500 | 0 | |
| FIRST INDUSTRIAL REALTY TRUS | COM | 32054K103 | 13,329 | 622,000 | SH | DFND | 01 02 03 | 0 | 622,000 | 0 | |
| FOREST CITY ENTERPRISES INC | CL A | 345550107 | 77,303 | 3,029,100 | SH | DFND | 01 02 03 | 0 | 3,029,100 | 0 | |
| GENERAL GROWTH PPTYS INC NEW | COM | 370023103 | 97,352 | 3,294,500 | SH | DFND | 01 02 03 | 0 | 3,294,500 | 0 | |
| GRAMERCY PPTY TR INC | COM NEW | 38489R605 | 22,260 | 793,000 | SH | DFND | 01 02 03 | 0 | 793,000 | 0 | |
| HCP INC | COM | 40414L109 | 92,037 | 2,130,000 | SH | DFND | 01 02 03 | 0 | 2,130,000 | 0 | |
| HEALTH CARE REIT INC | COM | 42217K106 | 133,214 | 1,722,000 | SH | DFND | 01 02 03 | 0 | 1,722,000 | 0 | |
| HEALTHCARE TR AMER INC | CL A NEW | 42225P501 | 28,891 | 1,037,000 | SH | DFND | 01 02 03 | 0 | 1,037,000 | 0 | |
| HERSHA HOSPITALITY TR | SH BEN INT A | 427825104 | 28,358 | 4,383,000 | SH | DFND | 01 02 03 | 0 | 4,383,000 | 0 | |
| HIGHWOODS PPTYS INC | COM | 431284108 | 24,263 | 530,000 | SH | DFND | 01 02 03 | 0 | 530,000 | 0 | |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A104 | 33,962 | 1,146,600 | SH | DFND | 01 02 03 | 0 | 1,146,600 | 0 | |
| HOSPITALITY PPTYS TR | COM SH BEN INT | 44106M102 | 41,240 | 1,250,081 | SH | DFND | 01 02 03 | 0 | 1,250,081 | 0 | |
| HOST HOTELS & RESORTS INC | COM | 44107P104 | 669,794 | 33,191,002 | SH | DFND | 01 02 03 | 0 | 33,191,002 | 0 | |
| HUDSON PAC PPTYS INC | COM | 444097109 | 18,503 | 557,500 | SH | DFND | 01 02 03 | 0 | 557,500 | 0 | |
| KILROY RLTY CORP | COM | 49427F108 | 81,197 | 1,066,000 | SH | DFND | 01 02 03 | 0 | 1,066,000 | 0 | |
| KIMCO RLTY CORP | COM | 49446R109 | 350,381 | 13,049,600 | SH | DFND | 01 02 03 | 0 | 13,049,600 | 0 | |
| KITE RLTY GROUP TR | COM NEW | 49803T300 | 40,163 | 1,425,720 | SH | DFND | 01 02 03 | 0 | 1,425,720 | 0 | |
| LASALLE HOTEL PPTYS | COM SH BEN INT | 517942108 | 52,539 | 1,352,000 | SH | DFND | 01 02 03 | 0 | 1,352,000 | 0 | |
| LEXINGTON REALTY TRUST | PFD CONV SER C | 529043309 | 493 | 10,000 | SH | DFND | 01 02 03 | 0 | 10,000 | 0 | |
| LIBERTY PPTY TR | SH BEN INT | 531172104 | 42,683 | 1,195,600 | SH | DFND | 01 02 03 | 0 | 1,195,600 | 0 | |
| MACERICH CO | COM | 554382101 | 122,026 | 1,447,000 | SH | DFND | 01 02 03 | 0 | 1,447,000 | 0 | |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | 78,854 | 1,020,500 | SH | DFND | 01 02 03 | 0 | 1,020,500 | 0 | |
| NATIONAL HEALTH INVS INC | COM | 63633D104 | 23,659 | 333,185 | SH | DFND | 01 02 03 | 0 | 333,185 | 0 | |
| NATIONAL RETAIL PPTYS INC | COM | 637417106 | 30,195 | 737,000 | SH | DFND | 01 02 03 | 0 | 737,000 | 0 | |
| NEW YORK REIT INC | COM | 64976L109 | 10,092 | 963,000 | SH | DFND | 01 02 03 | 0 | 963,000 | 0 | |
| PARAMOUNT GROUP INC | COM | 69924R108 | 9,650 | 500,000 | SH | DFND | 01 02 03 | 0 | 500,000 | 0 | |
| PENNSYLVANIA RL ESTATE INVT | SH BEN INT | 709102107 | 8,874 | 382,000 | SH | DFND | 01 02 03 | 0 | 382,000 | 0 | |
| PHYSICIANS RLTY TR | COM | 71943U104 | 6,164 | 350,000 | SH | DFND | 01 02 03 | 0 | 350,000 | 0 | |
| POST PPTYS INC | COM | 737464107 | 211,358 | 3,712,593 | SH | DFND | 01 02 03 | 0 | 3,712,593 | 0 | |
| PROLOGIS INC | COM | 74340W103 | 749,855 | 17,214,319 | SH | DFND | 01 02 03 | 0 | 17,214,319 | 0 | |
| PUBLIC STORAGE | COM | 74460D109 | 836,202 | 4,241,667 | SH | DFND | 01 02 03 | 0 | 4,241,667 | 0 | |
| RAMCO-GERSHENSON PPTYS TR | COM SH BEN INT | 751452202 | 2,648 | 142,371 | SH | DFND | 01 02 03 | 0 | 142,371 | 0 | |
| REALTY INCOME CORP | COM | 756109104 | 24,405 | 472,971 | SH | DFND | 01 02 03 | 0 | 472,971 | 0 | |
| REGENCY CTRS CORP | COM | 758849103 | 326,796 | 4,803,000 | SH | DFND | 01 02 03 | 0 | 4,803,000 | 0 | |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 | 61,062 | 1,842,000 | SH | DFND | 01 02 03 | 0 | 1,842,000 | 0 | |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | 1,259,284 | 6,436,740 | SH | DFND | 01 02 03 | 0 | 6,436,740 | 0 | |
| SL GREEN RLTY CORP | COM | 78440X101 | 42,109 | 328,000 | SH | DFND | 01 02 03 | 0 | 328,000 | 0 | |
| SPIRIT RLTY CAP INC NEW | COM | 84860W102 | 69,924 | 5,788,383 | SH | DFND | 01 02 03 | 0 | 5,788,383 | 0 | |
| STAG INDL INC | COM | 85254J102 | 9,173 | 390,000 | SH | DFND | 01 02 03 | 0 | 390,000 | 0 | |
| STORE CAP CORP | COM | 862121100 | 26,152 | 1,120,000 | SH | DFND | 01 02 03 | 0 | 1,120,000 | 0 | |
| SUN CMNTYS INC | COM | 866674104 | 41,325 | 619,373 | SH | DFND | 01 02 03 | 0 | 619,373 | 0 | |
| SUNSTONE HOTEL INVS INC NEW | COM | 867892101 | 36,970 | 2,217,731 | SH | DFND | 01 02 03 | 0 | 2,217,731 | 0 | |
| TANGER FACTORY OUTLET CTRS I | COM | 875465106 | 233,322 | 6,634,129 | SH | DFND | 01 02 03 | 0 | 6,634,129 | 0 | |
| TAUBMAN CTRS INC | COM | 876664103 | 30,389 | 394,000 | SH | DFND | 01 02 03 | 0 | 394,000 | 0 | |
| TERRENO RLTY CORP | COM | 88146M101 | 46,339 | 2,032,400 | SH | DFND | 01 02 03 | 0 | 2,032,400 | 0 | |
| URBAN EDGE PPTYS | COM | 91704F104 | 66,803 | 2,818,704 | SH | DFND | 01 02 03 | 0 | 2,818,704 | 0 | |
| VENTAS INC | COM | 92276F100 | 699,525 | 9,579,906 | SH | DFND | 01 02 03 | 0 | 9,579,906 | 0 | |
| VORNADO RLTY TR | SH BEN INT | 929042109 | 741,179 | 6,617,665 | SH | DFND | 01 02 03 | 0 | 6,617,665 | 0 | |
| WASHINGTON REAL ESTATE INVT | SH BEN INT | 939653101 | 28,569 | 1,034,000 | SH | DFND | 01 02 03 | 0 | 1,034,000 | 0 | |