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 | 103,809 | 3,131,500 | SH | DFND | 01 02 03 | 0 | 3,131,500 | 0 | |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 | 544,193 | 6,022,501 | SH | DFND | 01 02 03 | 0 | 6,022,501 | 0 | |
| AMERICAN CAMPUS CMNTYS INC | COM | 024835100 | 90,210 | 2,182,159 | SH | DFND | 01 02 03 | 0 | 2,182,159 | 0 | |
| APARTMENT INVT & MGMT CO | CL A | 03748R101 | 44,035 | 1,100,047 | SH | DFND | 01 02 03 | 0 | 1,100,047 | 0 | |
| AVALONBAY CMNTYS INC | COM | 053484101 | 691,813 | 3,757,197 | SH | DFND | 01 02 03 | 0 | 3,757,197 | 0 | |
| BOSTON PROPERTIES INC | COM | 101121101 | 778,306 | 6,102,448 | SH | DFND | 01 02 03 | 0 | 6,102,448 | 0 | |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 | 426,632 | 16,523,326 | SH | DFND | 01 02 03 | 0 | 16,523,326 | 0 | |
| CARE CAP PPTYS INC | COM | 141624106 | 101,496 | 3,320,131 | SH | DFND | 01 02 03 | 0 | 3,320,131 | 0 | |
| COLUMBIA PPTY TR INC | COM NEW | 198287203 | 11,740 | 500,000 | SH | DFND | 01 02 03 | 0 | 500,000 | 0 | |
| CYRUSONE INC | COM | 23283R100 | 43,953 | 1,173,649 | SH | DFND | 01 02 03 | 0 | 1,173,649 | 0 | |
| DCT INDUSTRIAL TRUST INC | COM NEW | 233153204 | 129,864 | 3,475,088 | SH | DFND | 01 02 03 | 0 | 3,475,088 | 0 | |
| DIGITAL RLTY TR INC | COM | 253868103 | 280,073 | 3,703,696 | SH | DFND | 01 02 03 | 0 | 3,703,696 | 0 | |
| DUKE REALTY CORP | COM NEW | 264411505 | 86,842 | 4,131,384 | SH | DFND | 01 02 03 | 0 | 4,131,384 | 0 | |
| EPR PPTYS | CONV PFD 9% SR E | 26884U307 | 1,249 | 40,000 | SH | DFND | 01 02 03 | 0 | 40,000 | 0 | |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | 102,260 | 1,533,825 | SH | DFND | 01 02 03 | 0 | 1,533,825 | 0 | |
| EQUITY ONE | COM | 294752100 | 87,757 | 3,232,297 | SH | DFND | 01 02 03 | 0 | 3,232,297 | 0 | |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | 1,026,022 | 12,575,338 | SH | DFND | 01 02 03 | 0 | 12,575,338 | 0 | |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | 130,117 | 1,475,081 | SH | DFND | 01 02 03 | 0 | 1,475,081 | 0 | |
| GENERAL GROWTH PPTYS INC NEW | COM | 370023103 | 109,711 | 4,032,000 | SH | DFND | 01 02 03 | 0 | 4,032,000 | 0 | |
| HEALTHCARE TR AMER INC | CL A NEW | 42225P501 | 70,126 | 2,600,144 | SH | DFND | 01 02 03 | 0 | 2,600,144 | 0 | |
| HIGHWOODS PPTYS INC | COM | 431284108 | 87,593 | 2,009,014 | SH | DFND | 01 02 03 | 0 | 2,009,014 | 0 | |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A104 | 86,519 | 4,042,935 | SH | DFND | 01 02 03 | 0 | 4,042,935 | 0 | |
| HOST HOTELS & RESORTS INC | COM | 44107P104 | 480,518 | 31,324,502 | SH | DFND | 01 02 03 | 0 | 31,324,502 | 0 | |
| KILROY RLTY CORP | COM | 49427F108 | 85,990 | 1,358,885 | SH | DFND | 01 02 03 | 0 | 1,358,885 | 0 | |
| KIMCO RLTY CORP | COM | 49446R109 | 310,961 | 11,752,100 | SH | DFND | 01 02 03 | 0 | 11,752,100 | 0 | |
| KITE RLTY GROUP TR | COM NEW | 49803T300 | 9,892 | 381,500 | SH | DFND | 01 02 03 | 0 | 381,500 | 0 | |
| LEXINGTON REALTY TRUST | PFD CONV SER C | 529043309 | 475 | 10,000 | SH | DFND | 01 02 03 | 0 | 10,000 | 0 | |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | 87,263 | 960,941 | SH | DFND | 01 02 03 | 0 | 960,941 | 0 | |
| NATIONAL RETAIL PPTYS INC | COM | 637417106 | 73,512 | 1,835,500 | SH | DFND | 01 02 03 | 0 | 1,835,500 | 0 | |
| NEW YORK REIT INC | COM | 64976L109 | 43,267 | 3,762,314 | SH | DFND | 01 02 03 | 0 | 3,762,314 | 0 | |
| PENNSYLVANIA RL ESTATE INVT | SH BEN INT | 709102107 | 43,744 | 2,000,186 | SH | DFND | 01 02 03 | 0 | 2,000,186 | 0 | |
| PHYSICIANS RLTY TR | COM | 71943U104 | 43,987 | 2,608,949 | SH | DFND | 01 02 03 | 0 | 2,608,949 | 0 | |
| POST PPTYS INC | COM | 737464107 | 254,985 | 4,310,093 | SH | DFND | 01 02 03 | 0 | 4,310,093 | 0 | |
| PROLOGIS INC | COM | 74340W103 | 788,476 | 18,370,819 | SH | DFND | 01 02 03 | 0 | 18,370,819 | 0 | |
| PUBLIC STORAGE | COM | 74460D109 | 894,982 | 3,613,167 | SH | DFND | 01 02 03 | 0 | 3,613,167 | 0 | |
| QTS RLTY TR INC | COM CL A | 74736A103 | 54,389 | 1,205,704 | SH | DFND | 01 02 03 | 0 | 1,205,704 | 0 | |
| REGENCY CTRS CORP | COM | 758849103 | 369,971 | 5,431,159 | SH | DFND | 01 02 03 | 0 | 5,431,159 | 0 | |
| RLJ LODGING TR | COM | 74965L101 | 42,719 | 1,975,000 | SH | DFND | 01 02 03 | 0 | 1,975,000 | 0 | |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 | 45,044 | 2,226,613 | SH | DFND | 01 02 03 | 0 | 2,226,613 | 0 | |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | 1,357,598 | 6,982,090 | SH | DFND | 01 02 03 | 0 | 6,982,090 | 0 | |
| STORE CAP CORP | COM | 862121100 | 53,777 | 2,317,970 | SH | DFND | 01 02 03 | 0 | 2,317,970 | 0 | |
| SUNSTONE HOTEL INVS INC NEW | COM | 867892101 | 43,016 | 3,444,000 | SH | DFND | 01 02 03 | 0 | 3,444,000 | 0 | |
| TANGER FACTORY OUTLET CTRS I | COM | 875465106 | 40,875 | 1,250,000 | SH | DFND | 01 02 03 | 0 | 1,250,000 | 0 | |
| TAUBMAN CTRS INC | COM | 876664103 | 263,527 | 3,434,922 | SH | DFND | 01 02 03 | 0 | 3,434,922 | 0 | |
| TERRENO RLTY CORP | COM | 88146M101 | 43,112 | 1,905,905 | SH | DFND | 01 02 03 | 0 | 1,905,905 | 0 | |
| UDR INC | COM | 902653104 | 132,171 | 3,518,006 | SH | DFND | 01 02 03 | 0 | 3,518,006 | 0 | |
| VENTAS INC | COM | 92276F100 | 796,128 | 14,108,245 | SH | DFND | 01 02 03 | 0 | 14,108,245 | 0 | |
| VORNADO RLTY TR | SH BEN INT | 929042109 | 611,744 | 6,119,886 | SH | DFND | 01 02 03 | 0 | 6,119,886 | 0 | |