Daiwa Securities (DSEEY) 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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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
58 COM INC	SPON ADR REP A	31680Q104	44	1,000	SH		SOLE	1	1,000	0	0
ACADIA RLTY TR	COM SH BEN INT	004239109	215	7,741	SH		SOLE	1	7,741	0	0
ALIBABA GROUP HLDG	LTD SPONSORED ADS	01609W102	4,197	29,788	SH		DFND	4	29,788	0	0
ALIBABA GROUP HLDG	LTD SPONSORED ADS	01609W102	6,031	42,800	SH		OTR	1	42,800	0	0
ALIBABA GROUP HLDG	LTD SPONSORED ADS	01609W102	14,231	101,000	SH		SOLE	1	101,000	0	0
ALPHABET INC CAP STK	CL C	02079K107	12,172	13,395	SH		OTR	1	13,395	0	0
ALPHABET INC CAP STK	CL C	02079K107	8,613	9,478	SH		SOLE	1	9,478	0	0
BAIDU INC SPON	ADR REP A	056752108	3,217	17,985	SH		OTR	1	17,985	0	0
BAIDU INC SPON	ADR REP A	056752108	1,467	8,200	SH		SOLE	1	8,200	0	0
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	8,618	1,013,938	SH		SOLE	1	1,013,938	0	0
BANCO SANTANDER BRASIL S A	ADS REP 1 UNIT	05967A107	50	6,600	SH		SOLE	1	6,600	0	0
BANCO SANTANDER BRASIL S A	ADS REP 1 UNIT	05967A107	2,166	287,600	SH		SOLE	1	287,600	0	0
BANCOLOMBIA S A	SPON ADR PREF	05968L102	62	1,400	SH		SOLE	1	1,400	0	0
BANCOLOMBIA S A	SPON ADR PREF	05968L102	45	1,000	SH		SOLE	1	1,000	0	0
BERKSHIRE HATHAWAY INC	DEL CL B NEW	084670702	5,987	35,350	SH		SOLE	1	35,350	0	0
BRANDYWINE RLTY TR SH	BEN INT NEW	105368203	275	15,700	SH		SOLE	1	15,700	0	0
BRASKEM S A SP	ADR PFD A	105532105	1,082	52,200	SH		SOLE	1	52,200	0	0
BROWN FORMAN CORP	CL B	115637209	313	6,450	SH		SOLE	1	6,450	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	1,492	17,450	SH		SOLE	1	17,450	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	1,223	18,650	SH		SOLE	1	18,650	0	0
CBS CORP NEW	CL B	124857202	1,942	30,441	SH		SOLE	1	30,441	0	0
CELANESE CORP	DEL COM SER A	150870103	399	4,200	SH		SOLE	1	4,200	0	0
CEMEX SAB DE CV	SPON ADR NEW	151290889	175	18,597	SH		SOLE	1	18,597	0	0
CHESAPEAKE LODGING	TR SH BEN INT	165240102	135	5,500	SH		SOLE	1	5,500	0	0
COMPANHIA ENERGETICA DE MINA	SP ADR N-V PFD	204409601	17	7,200	SH		SOLE	1	7,200	0	0
COMPANHIA ENERGETICA DE MINA	SP ADR N-V PFD	204409601	1,783	743,100	SH		SOLE	1	743,100	0	0
COMPANHIA PARANAENSE ENERG	C SPON ADR PFD	20441B407	5	700	SH		SOLE	1	700	0	0
CORPORATE OFFICE PPTYS	TR SH BEN INT	22002T108	20,826	594,507	SH		OTR	1	594,507	0	0
CORPORATE OFFICE PPTYS	TR SH BEN INT	22002T108	312	8,900	SH		SOLE	1	8,900	0	0
DELL TECHNOLOGIES INC	COM CL V	24703L103	377	6,171	SH		SOLE	1	6,171	0	0
DISCOVERY COMMUNICATNS	NEW COM SER A	25470F104	117	4,540	SH		SOLE	1	4,540	0	0
DISCOVERY COMMUNICATNS	NEW COM SER C	25470F302	161	6,370	SH		SOLE	1	6,370	0	0
DISNEY WALT CO	COM DISNEY	254687106	353	3,330	SH		DFND	4	3,330	0	0
DISNEY WALT CO	COM DISNEY	254687106	213	2,000	SH		OTR	1	2,000	0	0
DISNEY WALT CO	COM DISNEY	254687106	9,078	85,440	SH		SOLE	1	85,440	0	0
EATON VANCE CORP	COM NON VTG	278265103	147	3,100	SH		SOLE	1	3,100	0	0
ECOPETROL S A	SPONSORED ADS	279158109	24	2,600	SH		SOLE	1	2,600	0	0
EPR PPTYS COM SH	BEN INT	26884U109	197,795	2,752,122	SH		OTR	1	2,752,122	0	0
EPR PPTYS COM SH	BEN INT	26884U109	424	5,900	SH		SOLE	1	5,900	0	0
EQUINIX INC COM	PAR $0.001	29444U700	678,238	1,580,386	SH		OTR	1	1,580,386	0	0
EQUINIX INC COM	PAR $0.001	29444U700	954	2,222	SH		SOLE	1	2,222	0	0
EQUITY COMWLTH COM	SH BEN INT	294628102	350	11,075	SH		SOLE	1	11,075	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	233,796	3,551,506	SH		OTR	1	3,551,506	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	3,966	60,250	SH		SOLE	1	60,250	0	0
FEDERAL REALTY INVT TR	SH BEN INT NEW	313747206	276,544	2,188,025	SH		OTR	1	2,188,025	0	0
FEDERAL REALTY INVT TR	SH BEN INT NEW	313747206	1,700	13,450	SH		SOLE	1	13,450	0	0
FIRST TR EXCHANGE TRADED FD NAT GAS	ETF	33733E807	66	3,200	SH		SOLE	1	3,200	0	0
FLEXSHARES TR MORNSTAR	UPSTR	33939L407	129	4,500	SH		SOLE	1	4,500	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	202	2,050	SH		SOLE	1	2,050	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	298	26,700	SH		DFND	4	26,700	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	1,197	106,973	SH		SOLE	1	106,973	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	446	37,158	SH		SOLE	1	37,158	0	0
GERDAU S A SPON	ADR REP PFD	373737105	35	11,400	SH		SOLE	1	11,400	0	0
GERDAU S A SPON	ADR REP PFD	373737105	1,661	544,700	SH		SOLE	1	544,700	0	0
GLOBAL X FDS GLBX	MSCI COLUM	37950E200	1	100	SH		SOLE	1	100	0	0
GLOBAL X FDS MSCI	GREECE ETF	37950E366	131	13,000	SH		SOLE	1	13,000	0	0
GOVERNMENT PPTYS INCOME TR	COM SHS BEN INT	38376A103	117	6,400	SH		SOLE	1	6,400	0	0
HEALTHCARE TR AMER INC	CL A NEW	42225P501	322,454	10,364,947	SH		OTR	1	10,364,947	0	0
HEALTHCARE TR AMER INC	CL A NEW	42225P501	543	17,450	SH		SOLE	1	17,450	0	0
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	69	3,750	SH		SOLE	1	3,750	0	0
HOSPITALITY PPTYS TR	COM SH BEN INT	44106M102	431	14,800	SH		SOLE	1	14,800	0	0
INVESTORS REAL ESTATE	TR SH BEN INT	461730103	68	10,900	SH		SOLE	1	10,900	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	5,359	107,100	SH		SOLE	1	107,100	0	0
ISHARES INC	MSCI GBL ETF NEW	46434G848	97	3,600	SH		SOLE	1	3,600	0	0
ISHARES MIN	VOL EMRG MKT	464286533	255	4,600	SH		SOLE	1	4,600	0	0
ISHARES MSCI	CDA ETF	464286509	1,282	47,900	SH		SOLE	1	47,900	0	0
ISHARES MSCI	CH CAP ETF	464286640	4	100	SH		SOLE	1	100	0	0
ISHARES MSCI	PAC JP ETF	464286665	1,631	36,660	SH		SOLE	1	36,660	0	0
ISHARES MSCI	GERMANY ETF	464286806	333	11,000	SH		SOLE	1	11,000	0	0
ISHARES MSCI BRZ	CAP ETF	464286400	208	6,100	SH		SOLE	1	6,100	0	0
ISHARES SILVER	TRUST ISHARES	46428Q109	351	22,400	SH		DFND	4	22,400	0	0
ISHARES SILVER	TRUST ISHARES	46428Q109	127	8,100	SH		SOLE	1	8,100	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	8,070	91,300	SH		SOLE	1	91,300	0	0
ISHARES TR	MIN VOL USA ETF	46429B697	680	13,900	SH		SOLE	1	13,900	0	0
ISHARES TR	MSCI UK ETF NEW	46435G334	167	5,000	SH		SOLE	1	5,000	0	0
ISHARES TR CORE	S&P500 ETF	464287200	16,657	68,430	SH		SOLE	1	68,430	0	0
ISHARES TR GLOBAL	ENERG ETF	464287341	62	2,000	SH		SOLE	1	2,000	0	0
ISHARES TR IBOXX	INV CP ETF	464287242	2,085	17,300	SH		SOLE	1	17,300	0	0
ISHARES TR INTL	SEL DIV ETF	464288448	1,338	40,895	SH		SOLE	1	40,895	0	0
ISHARES TR U.S	. BAS MTL ETF	464287838	98	1,100	SH		SOLE	1	1,100	0	0
ITAU UNIBANCO HLDG	SA SPON ADR REP PFD	465562106	144	13,020	SH		SOLE	1	13,020	0	0
ITAU UNIBANCO HLDG	SA SPON ADR REP PFD	465562106	10,790	976,483	SH		SOLE	1	976,483	0	0
JAZZ PHARMACEUTICALS	PLC SHS USD	G50871105	257	1,650	SH		SOLE	1	1,650	0	0
LASALLE HOTEL PPTYS COM	SH BEN INT	517942108	304	10,200	SH		SOLE	1	10,200	0	0
LIBERTY BROADBAND CORP	COM SER C	530307305	247	2,850	SH		SOLE	1	2,850	0	0
LIBERTY GLOBAL	PLC SHS CL C	G5480U120	540	17,309	SH		SOLE	1	17,309	0	0
LIBERTY INTERACTIVE CORP	QVC GP COM SER A	53071M104	306	12,450	SH		SOLE	1	12,450	0	0
LIBERTY MEDIA CORP DELAWARE	COM A SIRIUSXM	531229409	124	2,950	SH		SOLE	1	2,950	0	0
LIBERTY PPTY TR	SH BEN INT	531172104	1,327	32,600	SH		SOLE	1	32,600	0	0
LYONDELLBASELL INDUSTRIES	N SHS - A -	N53745100	633	7,500	SH		OTR	1	7,500	0	0
LYONDELLBASELL INDUSTRIES	N SHS - A -	N53745100	852	10,100	SH		SOLE	1	10,100	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	327	3,350	SH		SOLE	1	3,350	0	0
MOLSON COORS BREWING CO	CL B	60871R209	458	5,300	SH		SOLE	1	5,300	0	0
MUELLER WTR PRODS INC	COM SER A	624758108	1,281	109,700	SH		SOLE	1	109,700	0	0
MYLAN N V	SHS EURO	N59465109	509	13,100	SH		OTR	1	13,100	0	0
MYLAN N V	SHS EURO	N59465109	5,564	143,316	SH		OTR	1	143,316	0	0
NATIONAL STORAGE AFFILIATES COM	SHS BEN IN	637870106	88	3,800	SH		SOLE	1	3,800	0	0
NIELSEN HLDGS	PLC SHS EUR	G6518L108	381	9,850	SH		OTR	1	9,850	0	0
NIKE INC	CL B	654106103	7,688	130,307	SH		OTR	1	130,307	0	0
NIKE INC	CL B	654106103	2,569	43,540	SH		SOLE	1	43,540	0	0
PENNSYLVANIA RL ESTATE INVT	SH BEN INT	709102107	68	6,000	SH		SOLE	1	6,000	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	7,271	974,700	SH		SOLE	1	974,700	0	0
PLAINS GP HLDGS L P	LTD PARTNR INT A	72651A207	21	800	SH		SOLE	1	800	0	0
POWERSHARES DB CMDTY IDX	TRA UNIT BEN INT	73935S105	1	100	SH		SOLE	1	100	0	0
POWERSHARES ETF	TR II PWRSHS SP500 LOW	73937B654	84	2,100	SH		SOLE	1	2,100	0	0
POWERSHARES ETF	TR II S&P500 LOW VOL	73937B779	658	14,700	SH		SOLE	1	14,700	0	0
POWERSHARES ETF TR II EMER MRKT	PORT	73936T763	1,409	71,000	SH		SOLE	1	71,000	0	0
POWERSHS DB MULTI SECT COMM	PS DB AGRICUL FD	73936B408	433	21,800	SH		SOLE	1	21,800	0	0
POWERSHS DB MULTI SECT COMM	DB BASE METALS	73936B705	67	4,100	SH		SOLE	1	4,100	0	0
RAMCO-GERSHENSON PPTYS	TR COM SH BEN INT	751452202	90	7,000	SH		SOLE	1	7,000	0	0
SELECT INCOME REIT COM	SH BEN INT	81618T100	139	5,800	SH		SOLE	1	5,800	0	0
SELECT SECTOR SPDR	TR SBI MATERIALS	81369Y100	156	2,900	SH		SOLE	1	2,900	0	0
SELECT SECTOR SPDR	TR ENERGY	81369Y506	253	3,900	SH		SOLE	1	3,900	0	0
SENIOR HSG PPTYS	TR SH BEN INT	81721M109	439	21,500	SH		SOLE	1	21,500	0	0
SOCIEDAD QUIMICA MINERA DE C SPON	ADR SER B	833635105	46	1,400	SH		SOLE	1	1,400	0	0
SPDR DOW JONES INDL AVRG	ETF UT SER 1	78467X109	1,081	5,070	SH		SOLE	1	5,070	0	0
SPDR S&P 500 ETF	TR TR UNIT	78462F103	5,566	23,020	SH		SOLE	1	23,020	0	0
SPDR SER TR	BLOOMBERG SRT TR	78468R408	84	3,000	SH		SOLE	1	3,000	0	0
SPDR SERIES TRUST	BLOMBERG BRC SRT	78464A474	92	3,000	SH		SOLE	1	3,000	0	0
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	64	2,000	SH		SOLE	1	2,000	0	0
SPDR SERIES TRUST	S&P METALS MNG	78464A755	231	7,700	SH		SOLE	1	7,700	0	0
SPRINT CORP	COM SER 1	85207U105	208	25,379	SH		SOLE	1	25,379	0	0
STERIS	PLC SHS USD	G84720104	7,751	95,108	SH		OTR	1	95,108	0	0
STMICROELECTRONICS	N V NY REGISTRY	861012102	155	10,804	SH		DFND	4	10,804	0	0
TWENTY FIRST CENTY FOX INC	CL B	90130A200	334	12,000	SH		SOLE	1	12,000	0	0
UNDER ARMOUR INC	CL C	904311206	1,099	54,532	SH		DFND	4	54,532	0	0
UNDER ARMOUR INC	CL C	904311206	115	5,729	SH		SOLE	1	5,729	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	264	2,388	SH		OTR	1	2,388	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	2,173	19,650	SH		SOLE	1	19,650	0	0
UNITED STATES	OIL FUND LP UNITS	91232N108	8,420	886,400	SH		DFND	4	886,400	0	0
UNITED STATES	OIL FUND LP UNITS	91232N108	267	28,100	SH		SOLE	1	28,100	0	0
UNITED STATES NATL GAS FUND	UNIT PAR $0.001	912318201	224	33,100	SH		SOLE	1	33,100	0	0
UNITED STS BRENT OIL FD	LP UNIT	91167Q100	199	15,300	SH		SOLE	1	15,300	0	0
UNIVERSAL HEALTH RLTY I	NCM T SH BEN INT	91359E105	87	1,100	SH		SOLE	1	1,100	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	6,312	51,707	SH		OTR	1	51,707	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	293	2,400	SH		SOLE	1	2,400	0	0
VALE S A ADR REPSTG	PFD	91912E204	170	19,500	SH		DFND	4	19,500	0	0
VALE S A ADR REPSTG	PFD	91912E204	5,329	653,901	SH		SOLE	1	653,901	0	0
VANECK VECTORS	ETF TR GOLD MINERS ETF	92189F106	31	1,400	SH		SOLE	1	1,400	0	0
VANECK VECTORS	ETF TR RUSSIA ETF	92189F403	102	5,300	SH		SOLE	1	5,300	0	0
VANECK VECTORS	ETF TR AGRIBUSINESS ETF	92189F700	193	3,500	SH		SOLE	1	3,500	0	0
VANGUARD SCOTTSDALE	FDS SHRT TRM CORP BD	92206C409	448	5,600	SH		SOLE	1	5,600	0	0
VANGUARD SCOTTSDALE	FDS LG-TERM COR BD	92206C813	448	4,800	SH		SOLE	1	4,800	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	446	5,100	SH		SOLE	1	5,100	0	0
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	898	11,493	SH		SOLE	1	11,493	0	0
VIACOM INC NEW	CL B	92553P201	341	10,171	SH		SOLE	1	10,171	0	0
VIACOM INC NEW	CL B	92553P201	615	18,330	SH		SOLE	1	18,330	0	0
VORNADO RLTY TR	SH BEN INT	929042109	384,869	4,098,716	SH		OTR	1	4,098,716	0	0
VORNADO RLTY TR	SH BEN INT	929042109	2,814	29,969	SH		SOLE	1	29,969	0	0
WASHINGTON REAL ESTATE INVT	SH BEN INT	939653101	220	6,900	SH		SOLE	1	6,900	0	0
WEINGARTEN RLTY INVS	SH BEN INT	948741103	783	26,000	SH		SOLE	1	26,000	0	0
ZILLOW GROUP INC	CL C CAP STK	98954M200	1,820	37,138	SH		DFND	4	37,138	0	0
ZILLOW GROUP INC	CL C CAP STK	98954M200	157	3,200	SH		SOLE	1	3,200	0	0
3-D SYS CORP	COM NEW	88554D205	1,404	75,126	SH		DFND	4	75,126	0	0
ABBOTT	COM	002824100	221	4,555	SH		OTR	1	4,555	0	0
ABBOTT	COM	002824100	2,464	50,686	SH		SOLE	1	50,686	0	0
ABBVIE	COM	00287Y109	769	10,600	SH		OTR	1	10,600	0	0
ABBVIE	COM	00287Y109	4,974	68,595	SH		SOLE	1	68,595	0	0
ACCENTURE PLC IRELAND	CLASS A	G1151C101	334	2,700	SH		OTR	1	2,700	0	0
ACCENTURE PLC IRELAND	CLASS A	G1151C101	12,618	102,025	SH		OTR	1	102,025	0	0
ACCENTURE PLC IRELAND	CLASS A	G1151C101	2,195	17,750	SH		SOLE	1	17,750	0	0
ACTIVISION BLIZZARD	COM	00507V109	3,220	55,929	SH		OTR	1	55,929	0	0
ACTIVISION BLIZZARD	COM	00507V109	2,162	37,550	SH		SOLE	1	37,550	0	0
ACUITY BRANDS	COM	00508Y102	244	1,200	SH		SOLE	1	1,200	0	0
ADOBE SYS	COM	00724F101	4,017	28,400	SH		SOLE	1	28,400	0	0
ADVANCE AUTO PARTS	COM	00751Y106	256	2,200	SH		SOLE	1	2,200	0	0
ADVANCED MICRO DEVICES	COM	007903107	265	21,200	SH		SOLE	1	21,200	0	0
AECOM	COM	00766T100	16,278	503,500	SH		SOLE	1	503,500	0	0
AEGION	COM	00770F104	1,026	46,900	SH		SOLE	1	46,900	0	0
AERCAP HOLDINGS	SHS	N00985106	5,422	116,783	SH		OTR	1	116,783	0	0
AERCAP HOLDINGS	SHS	N00985106	216	4,650	SH		SOLE	1	4,650	0	0
AES	COM	00130H105	218	19,600	SH		SOLE	1	19,600	0	0
AETNA INC	COM	00817Y108	5,884	38,757	SH		OTR	1	38,757	0	0
AETNA INC	COM	00817Y108	1,795	11,823	SH		SOLE	1	11,823	0	0
AFFILIATED MANAGERS	COM	008252108	240	1,450	SH		SOLE	1	1,450	0	0
AFLAC	COM	001055102	921	11,850	SH		SOLE	1	11,850	0	0
AGCO	COM	001084102	131	1,950	SH		SOLE	1	1,950	0	0
AGILENT TECHNOLOGIES	COM	00846U101	2,445	41,223	SH		OTR	1	41,223	0	0
AGILENT TECHNOLOGIES	COM	00846U101	934	15,740	SH		SOLE	1	15,740	0	0
AGNC INVT	COM	00123Q104	358	16,800	SH		SOLE	1	16,800	0	0
AGREE REALTY	COM	008492100	119	2,600	SH		SOLE	1	2,600	0	0
AIR LEASE	CL A	00912X302	4,847	129,748	SH		OTR	1	129,748	0	0
AIR PRODS & CHEMS	COM	009158106	837	5,850	SH		SOLE	1	5,850	0	0
AKAMAI TECHNOLOGIES	COM	00971T101	257	5,150	SH		SOLE	1	5,150	0	0
ALASKA AIR GROUP	COM	011659109	180	2,000	SH		OTR	1	2,000	0	0
ALASKA AIR GROUP	COM	011659109	1,346	15,000	SH		SOLE	1	15,000	0	0
ALBEMARLE	COM	012653101	559	5,300	SH		SOLE	1	5,300	0	0
ALEXANDERS	COM	014752109	126	300	SH		SOLE	1	300	0	0
ALEXANDRIA REAL ESTATE EQ	COM	015271109	132,125	1,096,745	SH		OTR	1	1,096,745	0	0
ALEXANDRIA REAL ESTATE EQ	COM	015271109	2,042	16,950	SH		SOLE	1	16,950	0	0
ALEXION PHARMACEUTICALS	COM	015351109	767	6,300	SH		SOLE	1	6,300	0	0
ALIGN TECHNOLOGY	COM	016255101	661	4,400	SH		SOLE	1	4,400	0	0
ALKERMES	SHS	G01767105	270	4,650	SH		OTR	1	4,650	0	0
ALLEGHANY CORP	COM	017175100	434	730	SH		SOLE	1	730	0	0
ALLEGIANT TRAVEL	COM	01748X102	203	1,500	SH		SOLE	1	1,500	0	0
ALLEGION PUB LTD CO	SHS	G0176J109	223	2,750	SH		SOLE	1	2,750	0	0
ALLERGAN	SHS	G0177J108	7,856	32,318	SH		OTR	1	32,318	0	0
ALLERGAN	SHS	G0177J108	2,544	10,466	SH		SOLE	1	10,466	0	0
ALLIANCE DATA SYSTEMS	COM	018581108	7,213	28,101	SH		OTR	1	28,101	0	0
ALLIANCE DATA SYSTEMS	COM	018581108	359	1,400	SH		SOLE	1	1,400	0	0
ALLIANT ENERGY	COM	018802108	68	1,686	SH		OTR	1	1,686	0	0
ALLIANT ENERGY	COM	018802108	253	6,300	SH		SOLE	1	6,300	0	0
ALLISON TRANSMISSION HLDGS	COM	01973R101	10,713	285,600	SH		SOLE	1	285,600	0	0
ALLSTATE	COM	020002101	2,087	23,600	SH		SOLE	1	23,600	0	0
ALLY FINL	COM	02005N100	282	13,500	SH		SOLE	1	13,500	0	0
ALPHABET INC CAP	CL A	02079K305	3,617	3,891	SH		DFND	4	3,891	0	0
ALPHABET INC CAP	CL A	02079K305	433	466	SH		OTR	1	466	0	0
ALPHABET INC CAP	CL A	02079K305	14,252	15,330	SH		SOLE	1	15,330	0	0
ALTABA	COM	021346101	1,093	20,073	SH		DFND	4	20,073	0	0
ALTABA	CALL	021346901	1	1,500	SH		DFND	3,5,2	1,500	0	0
ALTRIA GROUP	COM	02209S103	1,385	18,600	SH		OTR	1	18,600	0	0
ALTRIA GROUP	COM	02209S103	10,509	141,120	SH		SOLE	1	141,120	0	0
AMAZON COM	COM	023135106	11,466	11,846	SH		DFND	4	11,846	0	0
AMAZON COM	COM	023135106	4,640	4,793	SH		OTR	1	4,793	0	0
AMAZON COM	COM	023135106	12,032	12,430	SH		SOLE	1	12,430	0	0
AMBARELLA	SHS	G037AX101	2,014	41,500	SH		DFND	4	41,500	0	0
AMBEV SA	ADR	02319V103	49	9,000	SH		SOLE	1	9,000	0	0
AMBEV SA	ADR	02319V103	2,091	380,900	SH		SOLE	1	380,900	0	0
AMERCO	COM	023586100	88	240	SH		SOLE	1	240	0	0
AMEREN	COM	023608102	372	6,800	SH		SOLE	1	6,800	0	0
AMERICA MOVIL SAB DE CV SPON ADR	SHS	02364W105	153	9,600	SH		SOLE	1	9,600	0	0
AMERICAN AIRLS GROUP	COM	02376R102	501	9,950	SH		SOLE	1	9,950	0	0
AMERICAN ASSETS TR	COM	024013104	146	3,700	SH		SOLE	1	3,700	0	0
AMERICAN CAMPUS CMNTYS	COM	024835100	226,389	4,786,247	SH		OTR	1	4,786,247	0	0
AMERICAN CAMPUS CMNTYS	COM	024835100	566	11,968	SH		SOLE	1	11,968	0	0
AMERICAN ELEC PWR	COM	025537101	1,080	15,550	SH		SOLE	1	15,550	0	0
AMERICAN EXPRESS	COM	025816109	960	11,400	SH		OTR	1	11,400	0	0
AMERICAN EXPRESS	COM	025816109	4,818	57,190	SH		SOLE	1	57,190	0	0
AMERICAN FINL GROUP INC	COM	025932104	224	2,250	SH		SOLE	1	2,250	0	0
AMERICAN HOMES 4	CL A	02665T306	179,336	7,945,753	SH		OTR	1	7,945,753	0	0
AMERICAN HOMES 4	CL A	02665T306	479	21,208	SH		SOLE	1	21,208	0	0
AMERICAN INTL GROUP	COM NEW	026874784	2,688	43,000	SH		DFND	3,5,2	43,000	0	0
AMERICAN INTL GROUP	COM NEW	026874784	4,466	71,430	SH		OTR	1	71,430	0	0
AMERICAN INTL GROUP	COM NEW	026874784	3,280	52,462	SH		SOLE	1	52,462	0	0
AMERICAN INTL GROUP	PUT	026874954	378	1,000	SH		DFND	3,5,2	1,000	0	0
AMERICAN TOWER CORP	COM	03027X100	11,704	88,449	SH		OTR	1	88,449	0	0
AMERICAN TOWER CORP	COM	03027X100	1,601	12,100	SH		SOLE	1	12,100	0	0
AMERICAN WTR WKS CO INC	COM	030420103	475	6,100	SH		SOLE	1	6,100	0	0
AMERIPRISE FINL	COM	03076C106	127	1,000	SH		OTR	1	1,000	0	0
AMERIPRISE FINL	COM	03076C106	587	4,610	SH		SOLE	1	4,610	0	0
AMERISOURCEBERGEN	COM	03073E105	454	4,800	SH		SOLE	1	4,800	0	0
AMETEK INC	COM	031100100	6,502	107,342	SH		OTR	1	107,342	0	0
AMETEK INC	COM	031100100	697	11,500	SH		SOLE	1	11,500	0	0
AMGEN	COM	031162100	741	4,300	SH		OTR	1	4,300	0	0
AMGEN	COM	031162100	3,660	21,250	SH		SOLE	1	21,250	0	0
AMPHENOL CORP	CL A	032095101	1,052	14,250	SH		SOLE	1	14,250	0	0
ANADARKO PETE	COM	032511107	735	16,200	SH		SOLE	1	16,200	0	0
ANALOG DEVICES	COM	032654105	187	2,400	SH		OTR	1	2,400	0	0
ANALOG DEVICES	COM	032654105	805	10,343	SH		SOLE	1	10,343	0	0
ANNALY CAP MGMT	COM	035710409	615	51,000	SH		SOLE	1	51,000	0	0
ANSYS	COM	03662Q105	505	4,150	SH		SOLE	1	4,150	0	0
ANTERO RES	COM	03674X106	95	4,400	SH		SOLE	1	4,400	0	0
ANTHEM	COM	036752103	1,825	9,700	SH		OTR	1	9,700	0	0
ANTHEM	COM	036752103	2,530	13,450	SH		SOLE	1	13,450	0	0
AON PLC	CL A	G0408V102	997	7,500	SH		OTR	1	7,500	0	0
AON PLC	CL A	G0408V102	2,627	19,760	SH		OTR	1	19,760	0	0
APACHE	COM	037411105	511	10,660	SH		SOLE	1	10,660	0	0
APARTMENT INVT & MGMT	CL A	03748R101	136,551	3,177,832	SH		OTR	1	3,177,832	0	0
APARTMENT INVT & MGMT	CL A	03748R101	1,181	27,492	SH		SOLE	1	27,492	0	0
APARTMENT INVT & MGMT CO PFD	CL A 6.875%	03748R762	3,487	128,331	SH		OTR	1	0	0	0
APOLLO INVT	COM	03761U106	112	17,600	SH		SOLE	1	17,600	0	0
APPLE	COM	037833100	3,417	23,731	SH		DFND	4	23,731	0	0
APPLE	COM	037833100	7,407	51,431	SH		OTR	1	51,431	0	0
APPLE	COM	037833100	29,724	206,390	SH		SOLE	1	206,390	0	0
APPLE HOSPITALITY REIT	COM NEW	03784Y200	264	14,100	SH		SOLE	1	14,100	0	0
APPLIED MATLS	COM	038222105	1,495	36,200	SH		OTR	1	36,200	0	0
APPLIED MATLS	COM	038222105	4,801	116,230	SH		SOLE	1	116,230	0	0
ARAMARK	COM	03852U106	5,357	130,725	SH		OTR	1	130,725	0	0
ARAMARK	COM	03852U106	699	17,050	SH		SOLE	1	17,050	0	0
ARCH CAP GROUP	ORD	G0450A105	616	6,600	SH		SOLE	1	6,600	0	0
ARCHER DANIELS MIDLAND	COM	039483102	664	16,050	SH		SOLE	1	16,050	0	0
ARCONIC	COM	03965L100	1,126	49,700	SH		OTR	1	49,700	0	0
ARCONIC	COM	03965L100	288	12,733	SH		SOLE	1	12,733	0	0
ARISTA NETWORKS	COM	040413106	202	1,350	SH		SOLE	1	1,350	0	0
ARMADA HOFFLER PPTYS	COM	04208T108	53	4,100	SH		SOLE	1	4,100	0	0
ARROW ELECTRS	COM	042735100	192	2,450	SH		SOLE	1	2,450	0	0
ASHFORD HOSPITALITY PRIME	COM	044102101	24	2,373	SH		SOLE	1	2,373	0	0
ASHFORD HOSPITALITY TR INC	SHS	044103109	41	6,800	SH		SOLE	1	6,800	0	0
ASSURANT	COM	04621X108	171	1,650	SH		SOLE	1	1,650	0	0
ASSURED GUARANTY	COM	G0585R106	1,699	40,707	SH		OTR	1	40,707	0	0
AT&T	COM	00206R102	1,204	31,900	SH		OTR	1	31,900	0	0
AT&T	COM	00206R102	9,885	261,981	SH		SOLE	1	261,981	0	0
ATHENE HLDG	CL A	G0684D107	149	3,000	SH		SOLE	1	3,000	0	0
ATLASSIAN CORP	CL A	G06242104	2,813	79,946	SH		OTR	1	79,946	0	0
ATMOS ENERGY	COM	049560105	307	3,700	SH		SOLE	1	3,700	0	0
AUTODESK	COM	052769106	796	7,900	SH		SOLE	1	7,900	0	0
AUTOLIV	COM	052800109	280	2,550	SH		SOLE	1	2,550	0	0
AUTOMATIC DATA PROCESSING	COM	053015103	6,276	61,250	SH		OTR	1	61,250	0	0
AUTOMATIC DATA PROCESSING	COM	053015103	1,906	18,600	SH		SOLE	1	18,600	0	0
AUTONATION	COM	05329W102	99	2,350	SH		SOLE	1	2,350	0	0
AUTOZONE	COM	053332102	3,055	5,355	SH		OTR	1	5,355	0	0
AUTOZONE	COM	053332102	776	1,360	SH		SOLE	1	1,360	0	0
AVALONBAY CMNTYS	COM	053484101	528,699	2,751,203	SH		OTR	1	2,751,203	0	0
AVALONBAY CMNTYS	COM	053484101	4,385	22,819	SH		SOLE	1	22,819	0	0
AVANGRID	COM	05351W103	8,496	192,427	SH		OTR	1	192,427	0	0
AVERY DENNISON	COM	053611109	243	2,750	SH		SOLE	1	2,750	0	0
AVID TECHNOLOGY INC	NOTE 2.000% 6/1	05367PAB6	1,440	1,960,000	PRN		DFND	3,5,2	1,960,000	0	0
AVNET	COM	053807103	152	3,900	SH		SOLE	1	3,900	0	0
AXALTA COATING SYS	COM	G0750C108	202	6,300	SH		SOLE	1	6,300	0	0
AXIS CAPITAL HOLDINGS	SHS	G0692U109	165	2,550	SH		OTR	1	2,550	0	0
BAKER HUGHES	COM	057224107	627	11,504	SH		SOLE	1	11,504	0	0
BALL	COM	058498106	8,438	199,896	SH		OTR	1	199,896	0	0
BALL	COM	058498106	400	9,476	SH		SOLE	1	9,476	0	0
BANCO SANTANDER CHILE NEW SP ADR	COM	05965X109	28	1,100	SH		SOLE	1	1,100	0	0
BANCO SANTANDER CHILE NEW SP ADR	COM	05965X109	69	2,700	SH		SOLE	1	2,700	0	0
BANK AMER	COM	060505104	1,391	57,341	SH		DFND	4	57,341	0	0
BANK AMER	COM	060505104	4,794	197,602	SH		OTR	1	197,602	0	0
BANK AMER	COM	060505104	12,833	528,964	SH		SOLE	1	528,964	0	0
BANK N S	COM	064149107	1,154	19,200	SH		OTR	1	19,200	0	0
BANK NEW YORK MELLON	COM	064058100	1,761	34,521	SH		SOLE	1	34,521	0	0
BARD C R	COM	067383109	1,258	3,980	SH		SOLE	1	3,980	0	0
BAXTER INTL	COM	071813109	4,172	68,920	SH		OTR	1	68,920	0	0
BAXTER INTL	COM	071813109	1,622	26,800	SH		SOLE	1	26,800	0	0
BB&T	COM	054937107	1,051	23,150	SH		SOLE	1	23,150	0	0
BECTON DICKINSON &	COM	075887109	1,251	6,410	SH		SOLE	1	6,410	0	0
BED BATH & BEYOND	COM	075896100	138	4,550	SH		SOLE	1	4,550	0	0
BERKLEY W R	COM	084423102	187	2,700	SH		SOLE	1	2,700	0	0
BEST BUY	COM	086516101	734	12,800	SH		SOLE	1	12,800	0	0
BIOGEN	COM	09062X103	1,691	6,230	SH		SOLE	1	6,230	0	0
BIOMARIN PHARMACEUTICAL	COM	09061G101	450	4,950	SH		SOLE	1	4,950	0	0
BLACKROCK	COM	09247X101	9,415	22,289	SH		OTR	1	22,289	0	0
BLACKROCK	COM	09247X101	2,435	5,765	SH		SOLE	1	5,765	0	0
BLOCK H & R	COM	093671105	207	6,700	SH		SOLE	1	6,700	0	0
BLUE BUFFALO PET PRODS	COM	09531U102	3,031	132,900	SH		OTR	1	132,900	0	0
BLUEBIRD BIO	COM	09609G100	1,775	16,895	SH		OTR	1	16,895	0	0
BLUEROCK RESIDENTIAL GRW REI	CL A	09627J102	23	1,800	SH		SOLE	1	1,800	0	0
BOEING	COM	097023105	2,274	11,500	SH		OTR	1	11,500	0	0
BOEING	COM	097023105	14,370	72,670	SH		SOLE	1	72,670	0	0
BORGWARNER	COM	099724106	241	5,700	SH		SOLE	1	5,700	0	0
BOSTON PROPERTIES	COM	101121101	3,199	26,000	SH		SOLE	1	26,000	0	0
BOSTON SCIENTIFIC	COM	101137107	1,824	65,797	SH		SOLE	1	65,797	0	0
BRF SA	ADR	10552T107	85	7,200	SH		SOLE	1	7,200	0	0
BRF SA	ADR	10552T107	2,800	237,459	SH		SOLE	1	237,459	0	0
BRINKS	COM	109696104	114	1,700	SH		SOLE	1	1,700	0	0
BRISTOL MYERS SQUIBB	COM	110122108	5,957	106,906	SH		OTR	1	106,906	0	0
BRISTOL MYERS SQUIBB	COM	110122108	2,655	47,650	SH		SOLE	1	47,650	0	0
BRIXMOR PPTY GROUP	COM	11120U105	202,088	11,302,484	SH		OTR	1	11,302,484	0	0
BRIXMOR PPTY GROUP	COM	11120U105	574	32,100	SH		SOLE	1	32,100	0	0
BROADCOM	SHS	Y09827109	228	980	SH		DFND	4	980	0	0
BROADCOM	SHS	Y09827109	5,159	22,136	SH		OTR	1	22,136	0	0
BROADCOM	SHS	Y09827109	123	528	SH		OTR	1	528	0	0
BROADCOM	SHS	Y09827109	7,490	32,137	SH		OTR	1	32,137	0	0
BROADCOM	SHS	Y09827109	1,025	4,400	SH		OTR	1	4,400	0	0
BROADRIDGE FINL SOLUTIONS	COM	11133T103	261	3,450	SH		SOLE	1	3,450	0	0
BUNGE	COM	G16962105	302	4,050	SH		SOLE	1	4,050	0	0
C H ROBINSON WORLDWIDE	COM NEW	12541W209	275	4,000	SH		SOLE	1	4,000	0	0
CA	COM	12673P105	321	9,305	SH		SOLE	1	9,305	0	0
CA	CALL	12673P905	23	142	SH		DFND	3,5,2	142	0	0
CA	CALL	12673P905	92	1,000	SH		DFND	3,5,2	1,000	0	0
CABOT OIL & GAS	COM	127097103	339	13,500	SH		SOLE	1	13,500	0	0
CADENCE DESIGN SYSTEM	COM	127387108	479	14,300	SH		SOLE	1	14,300	0	0
CAMPBELL SOUP	COM	134429109	308	5,900	SH		SOLE	1	5,900	0	0
CAPITAL ONE FINL	COM	14040H105	1,235	14,954	SH		SOLE	1	14,954	0	0
CARDINAL HEALTH	COM	14149Y108	701	9,000	SH		SOLE	1	9,000	0	0
CARE CAP PPTYS	COM	141624106	203	7,605	SH		SOLE	1	7,605	0	0
CARETRUST REIT	COM	14174T107	122	6,606	SH		SOLE	1	6,606	0	0
CARMAX	COM	143130102	5,976	94,760	SH		OTR	1	94,760	0	0
CARMAX	COM	143130102	344	5,450	SH		SOLE	1	5,450	0	0
CATERPILLAR INC	COM	149123101	3,125	29,085	SH		OTR	1	29,085	0	0
CATERPILLAR INC	COM	149123101	14,350	133,540	SH		SOLE	1	133,540	0	0
CBL & ASSOC PPTYS	COM	124830100	132	15,645	SH		SOLE	1	15,645	0	0
CBOE HLDGS	COM	12503M108	731	8,000	SH		SOLE	1	8,000	0	0
CBRE GROUP	CL A	12504L109	3,299	90,645	SH		OTR	1	90,645	0	0
CBRE GROUP	CL A	12504L109	331	9,100	SH		SOLE	1	9,100	0	0
CDK GLOBAL	COM	12508E101	217	3,500	SH		SOLE	1	3,500	0	0
CDW	COM	12514G108	3,988	63,785	SH		OTR	1	63,785	0	0
CDW	COM	12514G108	253	4,050	SH		SOLE	1	4,050	0	0
CEDAR REALTY TRUST	COM NEW	150602209	27	5,500	SH		SOLE	1	5,500	0	0
CELGENE	COM	151020104	2,764	21,285	SH		OTR	1	21,285	0	0
CELGENE	COM	151020104	2,961	22,800	SH		SOLE	1	22,800	0	0
CENTENE CORP	COM	15135B101	391	4,900	SH		SOLE	1	4,900	0	0
CENTERPOINT ENERGY	COM	15189T107	1,295	47,300	SH		OTR	1	47,300	0	0
CENTERPOINT ENERGY	COM	15189T107	301	11,000	SH		SOLE	1	11,000	0	0
CENTURYLINK	COM	156700106	372	15,592	SH		SOLE	1	15,592	0	0
CERNER	COM	156782104	994	14,950	SH		SOLE	1	14,950	0	0
CF INDS HLDGS	COM	125269100	185	6,600	SH		SOLE	1	6,600	0	0
CHARTER COMMUNICATIONS INC	CL A	16119P108	6,361	18,885	SH		OTR	1	18,885	0	0
CHARTER COMMUNICATIONS INC	CL A	16119P108	2,074	6,158	SH		SOLE	1	6,158	0	0
CHATHAM LODGING	COM	16208T102	68	3,400	SH		SOLE	1	3,400	0	0
CHECK POINT SOFTWARE TECH	ORD	M22465104	496	4,550	SH		SOLE	1	4,550	0	0
CHENIERE ENERGY	COM NEW	16411R208	278	5,700	SH		SOLE	1	5,700	0	0
CHEVRON CORP	COM	166764100	1,262	12,100	SH		OTR	1	12,100	0	0
CHEVRON CORP	COM	166764100	6,250	59,908	SH		SOLE	1	59,908	0	0
CHICAGO BRIDGE & IRON CO N	COM	167250109	1,383	70,110	SH		DFND	4	70,110	0	0
CHIPOTLE MEXICAN GRILL	COM	169656105	454	1,090	SH		SOLE	1	1,090	0	0
CHUBB	COM	H1467J104	1,920	13,209	SH		OTR	1	13,209	0	0
CHUBB	COM	H1467J104	291	2,000	SH		OTR	1	2,000	0	0
CHURCH & DWIGHT	COM	171340102	374	7,200	SH		SOLE	1	7,200	0	0
CIGNA	COM	125509109	1,490	8,900	SH		SOLE	1	8,900	0	0
CIMAREX ENERGY	COM	171798101	240	2,550	SH		SOLE	1	2,550	0	0
CINCINNATI FINL	COM	172062101	320	4,415	SH		SOLE	1	4,415	0	0
CINTAS	COM	172908105	7,671	60,865	SH		OTR	1	60,865	0	0
CINTAS	COM	172908105	492	3,900	SH		SOLE	1	3,900	0	0
CISCO SYS	COM	17275R102	1,562	49,891	SH		OTR	1	49,891	0	0
CISCO SYS	COM	17275R102	9,911	316,640	SH		SOLE	1	316,640	0	0
CIT GROUP	COM NEW	125581801	263	5,400	SH		SOLE	1	5,400	0	0
CITIGROUP	COM NEW	172967424	28,151	420,915	SH		OTR	1	420,915	0	0
CITIGROUP	COM NEW	172967424	5,852	87,503	SH		SOLE	1	87,503	0	0
CITIZENS FINL GROUP	COM	174610105	705	19,750	SH		SOLE	1	19,750	0	0
CITRIX SYS	COM	177376100	366	4,600	SH		SOLE	1	4,600	0	0
CITRIX SYS INC	NOTE 0.500% 4/1	177376AD2	9,010	7,500,000	PRN		DFND	3,5,2	7,500,000	0	0
CITY OFFICE REIT	COM	178587101	28	2,200	SH		SOLE	1	2,200	0	0
CLEAN HARBORS	COM	184496107	7,730	138,456	SH		OTR	1	138,456	0	0
CLOROX CO	COM	189054109	693	5,200	SH		SOLE	1	5,200	0	0
CME GROUP	COM	12572Q105	1,209	9,650	SH		SOLE	1	9,650	0	0
CMS ENERGY	COM	125896100	375	8,100	SH		SOLE	1	8,100	0	0
COACH	COM	189754104	202	4,280	SH		DFND	4	4,280	0	0
COACH	COM	189754104	918	19,400	SH		SOLE	1	19,400	0	0
COCA COLA	COM	191216100	8,273	184,460	SH		SOLE	1	184,460	0	0
COGNEX	COM	192422103	102	1,200	SH		SOLE	1	1,200	0	0
COGNIZANT TECHNOLOGY	CL A	192446102	5,441	81,941	SH		OTR	1	81,941	0	0
COGNIZANT TECHNOLOGY	CL A	192446102	1,139	17,150	SH		SOLE	1	17,150	0	0
COHERENT	COM	192479103	202	900	SH		SOLE	1	900	0	0
COLGATE PALMOLIVE	COM	194162103	1,779	24,000	SH		SOLE	1	24,000	0	0
COLONY NORTHSTAR INC CL	COM	19625W104	1,282	90,960	SH		SOLE	1	90,960	0	0
COLONY STARWOOD	COM	19625X102	122,351	3,566,056	SH		OTR	1	3,566,056	0	0
COLONY STARWOOD	COM	19625X102	388	11,300	SH		SOLE	1	11,300	0	0
COLUMBIA PPTY TR	COM NEW	198287203	244	10,900	SH		SOLE	1	10,900	0	0
COMCAST CORP	CL A	20030N101	981	25,200	SH		OTR	1	25,200	0	0
COMCAST CORP	CL A	20030N101	10,643	273,470	SH		SOLE	1	273,470	0	0
COMERICA	COM	200340107	615	8,400	SH		SOLE	1	8,400	0	0
COMMSCOPE HLDG CO	COM	20337X109	4,514	118,700	SH		OTR	1	118,700	0	0
COMMSCOPE HLDG CO	COM	20337X109	215	5,650	SH		SOLE	1	5,650	0	0
COMMUNITY HEALTHCARE TR	COM	20369C106	26	1,000	SH		SOLE	1	1,000	0	0
COMPANHIA BRASILEIRA DE DIST SPN ADR	CL A	20440T201	1,586	81,100	SH		SOLE	1	81,100	0	0
COMPANHIA DE SANEAMENTO BASI	ADR	20441A102	1,505	158,100	SH		SOLE	1	158,100	0	0
COMPANHIA SIDERURGICA NACION	ADR	20440W105	584	271,700	SH		SOLE	1	271,700	0	0
COMPANIA DE MINAS BUENAVENTU	ADR	204448104	40	3,500	SH		SOLE	1	3,500	0	0
COMPANIA DE MINAS BUENAVENTU	ADR	204448104	17	1,500	SH		SOLE	1	1,500	0	0
CONAGRA BRANDS	COM	205887102	429	12,000	SH		SOLE	1	12,000	0	0
CONCHO RES	COM	20605P101	486	4,000	SH		SOLE	1	4,000	0	0
CONOCOPHILLIPS	COM	20825C104	1,543	35,100	SH		SOLE	1	35,100	0	0
CONSOLIDATED EDISON	COM	209115104	1,071	13,250	SH		SOLE	1	13,250	0	0
CONSTELLATION BRANDS	CL A	21036P108	973	5,020	SH		SOLE	1	5,020	0	0
CONTINENTAL RESOURCES	COM	212015101	82	2,550	SH		SOLE	1	2,550	0	0
COOPER COS	COM NEW	216648402	563	2,350	SH		SOLE	1	2,350	0	0
CORE LABORATORIES N	COM	N22717107	142	1,400	SH		SOLE	1	1,400	0	0
CORECIVIC	COM	21871N101	106,302	3,854,297	SH		OTR	1	3,854,297	0	0
CORECIVIC	COM	21871N101	296	10,735	SH		SOLE	1	10,735	0	0
CORENERGY INFRASTRUCTURE	TR DEP SHS REPSTG	21870U304	2,129	85,075	SH		OTR	1	85,075	0	0
CORESITE RLTY	COM	21870Q105	321	3,100	SH		SOLE	1	3,100	0	0
CORNING	COM	219350105	3,038	101,100	SH		SOLE	1	101,100	0	0
COSTAR GROUP	COM	22160N109	237	900	SH		SOLE	1	900	0	0
COSTCO WHSL CORP	COM	22160K105	3,430	21,450	SH		SOLE	1	21,450	0	0
COTY INC	CL A	222070203	3,483	185,635	SH		OTR	1	185,635	0	0
COTY INC	CL A	222070203	254	13,556	SH		SOLE	1	13,556	0	0
COUSINS PPTYS	COM	222795106	212,899	24,220,636	SH		OTR	1	24,220,636	0	0
COUSINS PPTYS	COM	222795106	329	37,453	SH		SOLE	1	37,453	0	0
CREDICORP	COM	G2519Y108	126	700	SH		OTR	1	700	0	0
CREDICORP	COM	G2519Y108	54	300	SH		SOLE	1	300	0	0
CROWN CASTLE INTL CORP	COM	22822V101	373,347	3,726,765	SH		OTR	1	3,726,765	0	0
CROWN CASTLE INTL CORP	COM	22822V101	1,032	10,300	SH		SOLE	1	10,300	0	0
CROWN HOLDINGS	COM	228368106	233	3,900	SH		SOLE	1	3,900	0	0
CSX	COM	126408103	18,196	333,500	SH		SOLE	1	333,500	0	0
CTRIP COM INTL LTD AMERICAN	SHS	22943F100	4,410	81,875	SH		OTR	1	81,875	0	0
CTRIP COM INTL LTD AMERICAN	SHS	22943F100	657	12,200	SH		SOLE	1	12,200	0	0
CUBESMART	COM	229663109	392	16,300	SH		SOLE	1	16,300	0	0
CUMMINS	COM	231021106	1,606	9,900	SH		SOLE	1	9,900	0	0
CVS HEALTH	COM	126650100	534	6,639	SH		OTR	1	6,639	0	0
CVS HEALTH	COM	126650100	2,420	30,074	SH		SOLE	1	30,074	0	0
CYRUSONE	COM	23283R100	11,871	212,928	SH		OTR	1	212,928	0	0
CYRUSONE	COM	23283R100	390	7,000	SH		SOLE	1	7,000	0	0
D R HORTON	COM	23331A109	357	10,316	SH		SOLE	1	10,316	0	0
DANA	COM	235825205	132	5,900	SH		SOLE	1	5,900	0	0
DANAHER CORP	COM	235851102	1,489	17,650	SH		SOLE	1	17,650	0	0
DARDEN RESTAURANTS	COM	237194105	556	6,150	SH		SOLE	1	6,150	0	0
DAVITA	COM	23918K108	311	4,800	SH		SOLE	1	4,800	0	0
DCT INDUSTRIAL TRUST	COM NEW	233153204	444	8,300	SH		SOLE	1	8,300	0	0
DDR	COM	23317H102	250	27,558	SH		SOLE	1	27,558	0	0
DEERE &	COM	244199105	945	7,650	SH		SOLE	1	7,650	0	0
DELPHI AUTOMOTIVE	SHS	G27823106	684	7,800	SH		OTR	1	7,800	0	0
DELPHI AUTOMOTIVE	SHS	G27823106	134	1,534	SH		OTR	1	1,534	0	0
DELPHI AUTOMOTIVE	SHS	G27823106	9,772	111,485	SH		OTR	1	111,485	0	0
DELTA AIR LINES INC	COM NEW	247361702	7,595	141,325	SH		OTR	1	141,325	0	0
DELTA AIR LINES INC	COM NEW	247361702	3,073	57,190	SH		SOLE	1	57,190	0	0
DENTSPLY SIRONA	COM	24906P109	412	6,350	SH		SOLE	1	6,350	0	0
DEVON ENERGY CORP	COM	25179M103	428	13,400	SH		SOLE	1	13,400	0	0
DEXCOM	COM	252131107	168	2,300	SH		SOLE	1	2,300	0	0
DIAMONDBACK ENERGY	COM	25278X109	235	2,650	SH		SOLE	1	2,650	0	0
DIAMONDROCK HOSPITALITY	COM	252784301	198	18,042	SH		SOLE	1	18,042	0	0
DICKS SPORTING GOODS	COM	253393102	88	2,200	SH		SOLE	1	2,200	0	0
DIGITAL RLTY TR	COM	253868103	513,419	4,545,545	SH		OTR	1	4,545,545	0	0
DIGITAL RLTY TR	COM	253868103	3,501	31,000	SH		SOLE	1	31,000	0	0
DISCOVER FINL	COM	254709108	1,002	16,110	SH		OTR	1	16,110	0	0
DISCOVER FINL	COM	254709108	1,176	18,910	SH		SOLE	1	18,910	0	0
DISH NETWORK	CL A	25470M109	5,380	85,731	SH		OTR	1	85,731	0	0
DISH NETWORK	CL A	25470M109	427	6,800	SH		SOLE	1	6,800	0	0
DISH NETWORK	PUT	25470M959	30	2,000	SH		DFND	3,5,2	2,000	0	0
DOLLAR GEN CORP	COM	256677105	577	8,000	SH		SOLE	1	8,000	0	0
DOLLAR TREE	COM	256746108	452	6,470	SH		SOLE	1	6,470	0	0
DOMINION ENERGY	COM	25746U109	1,372	17,900	SH		SOLE	1	17,900	0	0
DOMINOS PIZZA	COM	25754A201	931	4,400	SH		SOLE	1	4,400	0	0
DOUGLAS EMMETT	COM	25960P109	235,005	6,150,360	SH		OTR	1	6,150,360	0	0
DOUGLAS EMMETT	COM	25960P109	1,085	28,400	SH		SOLE	1	28,400	0	0
DOVER	COM	260003108	14,043	175,050	SH		SOLE	1	175,050	0	0
DOW CHEM	COM	260543103	1,457	23,100	SH		OTR	1	23,100	0	0
DOW CHEM	COM	260543103	5,954	94,400	SH		SOLE	1	94,400	0	0
DR PEPPER SNAPPLE GROUP	COM	26138E109	471	5,174	SH		SOLE	1	5,174	0	0
DTE ENERGY	COM	233331107	550	5,200	SH		SOLE	1	5,200	0	0
DU PONT E I DE NEMOURS &	COM	263534109	4,019	49,790	SH		SOLE	1	49,790	0	0
DUKE ENERGY CORP	COM NEW	26441C204	2,405	28,766	SH		SOLE	1	28,766	0	0
DUKE REALTY	COM NEW	264411505	224,617	8,036,390	SH		OTR	1	8,036,390	0	0
DUKE REALTY	COM NEW	264411505	2,054	73,500	SH		SOLE	1	73,500	0	0
DUPONT FABROS TECHNOLOGY	COM	26613Q106	107,707	1,761,068	SH		OTR	1	1,761,068	0	0
DUPONT FABROS TECHNOLOGY	COM	26613Q106	40,929	669,204	SH		OTR	1	669,204	0	0
DUPONT FABROS TECHNOLOGY	COM	26613Q106	428	7,000	SH		SOLE	1	7,000	0	0
DXC TECHNOLOGY	COM	23355L106	1,198	15,609	SH		SOLE	1	15,609	0	0
DYCOM INDS	COM	267475101	1,969	22,000	SH		SOLE	1	22,000	0	0
E TRADE FINANCIAL	COM NEW	269246401	300	7,900	SH		SOLE	1	7,900	0	0
EAGLE MATERIALS	COM	26969P108	6,858	74,200	SH		SOLE	1	74,200	0	0
EAST WEST BANCORP	COM	27579R104	249	4,250	SH		SOLE	1	4,250	0	0
EASTERLY GOVT PPTYS	COM	27616P103	46	2,200	SH		SOLE	1	2,200	0	0
EASTGROUP PPTY	COM	277276101	251	3,000	SH		SOLE	1	3,000	0	0
EASTMAN CHEM	COM	277432100	349	4,150	SH		SOLE	1	4,150	0	0
EATON CORP	SHS	G29183103	195	2,500	SH		OTR	1	2,500	0	0
EATON CORP	SHS	G29183103	1,889	24,266	SH		OTR	1	24,266	0	0
EATON CORP	SHS	G29183103	2,389	30,700	SH		OTR	1	30,700	0	0
EATON CORP	SHS	G29183103	12,663	162,698	SH		SOLE	1	162,698	0	0
EBAY	COM	278642103	2,575	73,750	SH		SOLE	1	73,750	0	0
ECOLAB	COM	278865100	982	7,400	SH		SOLE	1	7,400	0	0
EDISON	COM	281020107	1,282	16,400	SH		SOLE	1	16,400	0	0
EDUCATION RLTY TR	COM NEW	28140H203	212,097	5,473,469	SH		OTR	1	5,473,469	0	0
EDUCATION RLTY TR	COM NEW	28140H203	257	6,633	SH		SOLE	1	6,633	0	0
EDWARDS LIFESCIENCES	COM	28176E108	1,135	9,600	SH		SOLE	1	9,600	0	0
ELECTRONIC ARTS	COM	285512109	2,481	23,466	SH		OTR	1	23,466	0	0
ELECTRONIC ARTS	COM	285512109	1,168	11,050	SH		SOLE	1	11,050	0	0
EMBRAER S A SP ADR REP	COM	29082A107	15	800	SH		SOLE	1	800	0	0
EMBRAER S A SP ADR REP	COM	29082A107	902	49,500	SH		SOLE	1	49,500	0	0
EMCOR GROUP	COM	29084Q100	2,622	40,100	SH		SOLE	1	40,100	0	0
EMERSON ELEC	COM	291011104	12,952	217,250	SH		SOLE	1	217,250	0	0
EMPIRE ST RLTY TR	CL A	292104106	151,434	7,290,985	SH		OTR	1	7,290,985	0	0
EMPIRE ST RLTY TR	CL A	292104106	235	11,300	SH		SOLE	1	11,300	0	0
ENEL AMERICAS S A	ADR	29274F104	65	6,880	SH		SOLE	1	6,880	0	0
ENEL AMERICAS S A	ADR	29274F104	19	2,000	SH		SOLE	1	2,000	0	0
ENEL CHILE S A	ADR	29278D105	29	5,200	SH		SOLE	1	5,200	0	0
ENEL CHILE S A	ADR	29278D105	37	6,700	SH		SOLE	1	6,700	0	0
ENEL GENERACION CHILE S A	ADR	29244T101	23	1,000	SH		SOLE	1	1,000	0	0
ENEL GENERACION CHILE S A	ADR	29244T101	34	1,500	SH		SOLE	1	1,500	0	0
ENTERGY CORP	COM	29364G103	388	5,050	SH		SOLE	1	5,050	0	0
ENVISION HEALTHCARE	COM	29414D100	199	3,169	SH		SOLE	1	3,169	0	0
EOG RES	COM	26875P101	6,956	76,840	SH		OTR	1	76,840	0	0
EOG RES	COM	26875P101	1,503	16,600	SH		SOLE	1	16,600	0	0
EPR PPTYS CONV	PFD 9% SR E	26884U307	1,082	30,070	SH		OTR	1	0	0	0
EQT	COM	26884L109	296	5,050	SH		SOLE	1	5,050	0	0
EQUIFAX	COM	294429105	2,481	18,056	SH		OTR	1	18,056	0	0
EQUIFAX	COM	294429105	715	5,200	SH		SOLE	1	5,200	0	0
EQUITY COMWLTH	CUM PFD S D 6.5%	294628201	3,215	123,448	SH		OTR	1	0	0	0
EQUITY LIFESTYLE PPTYS	COM	29472R108	160,019	1,853,364	SH		OTR	1	1,853,364	0	0
EQUITY LIFESTYLE PPTYS	COM	29472R108	639	7,400	SH		SOLE	1	7,400	0	0
ESSEX PPTY TR	COM	297178105	576,676	2,241,520	SH		OTR	1	2,241,520	0	0
ESSEX PPTY TR	COM	297178105	2,906	11,297	SH		SOLE	1	11,297	0	0
ETFS PLATINUM	TR SH BEN INT	26922V101	27	300	SH		SOLE	1	300	0	0
EVEREST RE GROUP	COM	G3223R108	3,361	13,200	SH		OTR	1	13,200	0	0
EVERSOURCE	COM	30040W108	545	8,980	SH		SOLE	1	8,980	0	0
EXELON	COM	30161N101	948	26,276	SH		SOLE	1	26,276	0	0
EXPEDIA INC	COM NEW	30212P303	5,147	34,556	SH		OTR	1	34,556	0	0
EXPEDIA INC	COM NEW	30212P303	1,210	8,125	SH		SOLE	1	8,125	0	0
EXPEDITORS INTL WASH	COM	302130109	297	5,250	SH		SOLE	1	5,250	0	0
EXPRESS SCRIPTS HLDG	COM	30219G108	2,276	35,645	SH		SOLE	1	35,645	0	0
EXTRA SPACE STORAGE	COM	30225T102	335,024	4,295,178	SH		OTR	1	4,295,178	0	0
EXTRA SPACE STORAGE	COM	30225T102	1,728	22,150	SH		SOLE	1	22,150	0	0
EXXON MOBIL	COM	30231G102	1,449	17,953	SH		OTR	1	17,953	0	0
EXXON MOBIL	COM	30231G102	14,128	175,001	SH		SOLE	1	175,001	0	0
F M C	COM NEW	302491303	468	6,400	SH		SOLE	1	6,400	0	0
F5 NETWORKS	COM	315616102	222	1,750	SH		SOLE	1	1,750	0	0
FACEBOOK	CL A	30303M102	2,857	18,926	SH		DFND	4	18,926	0	0
FACEBOOK	CL A	30303M102	12,320	81,599	SH		OTR	1	81,599	0	0
FACEBOOK	CL A	30303M102	17,665	117,000	SH		SOLE	1	117,000	0	0
FARMLAND PARTNERS	COM	31154R109	17	1,900	SH		SOLE	1	1,900	0	0
FASTENAL	COM	311900104	346	7,950	SH		SOLE	1	7,950	0	0
FEDEX	COM	31428X106	464	2,136	SH		OTR	1	2,136	0	0
FEDEX	COM	31428X106	1,587	7,300	SH		SOLE	1	7,300	0	0
FELCOR LODGING TR	COM	31430F101	80	11,100	SH		SOLE	1	11,100	0	0
FIBRIA CELULOSE S A SP ADR	COM	31573A109	25	2,500	SH		SOLE	1	2,500	0	0
FIBRIA CELULOSE S A SP ADR	COM	31573A109	922	90,700	SH		SOLE	1	90,700	0	0
FIDELITY NATIONAL FINANCIAL FNF	COM	31620R303	564	12,588	SH		SOLE	1	12,588	0	0
FIDELITY NATL INFORMATION	COM	31620M106	6,326	74,074	SH		OTR	1	74,074	0	0
FIDELITY NATL INFORMATION	COM	31620M106	780	9,129	SH		SOLE	1	9,129	0	0
FIFTH THIRD	COM	316773100	71	2,727	SH		OTR	1	2,727	0	0
FIFTH THIRD	COM	316773100	572	22,050	SH		SOLE	1	22,050	0	0
FIREEYE	COM	31816Q101	2,944	193,565	SH		DFND	4	193,565	0	0
FIRST AMERN FINL	COM	31847R102	225	5,026	SH		OTR	1	5,026	0	0
FIRST DATA CORP NEW	CL A	32008D106	165	9,050	SH		SOLE	1	9,050	0	0
FIRST INDUSTRIAL REALTY	COM	32054K103	303	10,600	SH		SOLE	1	10,600	0	0
FIRST POTOMAC RLTY	COM	33610F109	52	4,700	SH		SOLE	1	4,700	0	0
FIRST REP BK SAN FRANCISCO	COM	33616C100	435	4,350	SH		SOLE	1	4,350	0	0
FIRST SOLAR	COM	336433107	962	24,125	SH		DFND	4	24,125	0	0
FIRSTENERGY	COM	337932107	352	12,085	SH		SOLE	1	12,085	0	0
FISERV	COM	337738108	2,386	19,500	SH		SOLE	1	19,500	0	0
FLEETCOR TECHNOLOGIES	COM	339041105	4,851	33,635	SH		OTR	1	33,635	0	0
FLEETCOR TECHNOLOGIES	COM	339041105	379	2,630	SH		SOLE	1	2,630	0	0
FLEX	ORD	Y2573F102	240	14,700	SH		OTR	1	14,700	0	0
FLIR SYS	COM	302445101	135	3,900	SH		SOLE	1	3,900	0	0
FLOWSERVE	COM	34354P105	4,629	99,700	SH		SOLE	1	99,700	0	0
FLUOR CORP	COM	343412102	1,099	24,000	SH		SOLE	1	24,000	0	0
FOOT LOCKER	COM	344849104	301	6,100	SH		SOLE	1	6,100	0	0
FOREST CITY RLTY TR INC	CL A	345605109	474	19,600	SH		SOLE	1	19,600	0	0
FORTINET	COM	34959E109	170	4,550	SH		SOLE	1	4,550	0	0
FORTIVE	COM	34959J108	1,533	24,202	SH		OTR	1	24,202	0	0
FORTIVE	COM	34959J108	576	9,100	SH		SOLE	1	9,100	0	0
FORTUNE BRANDS HOME & SEC	COM	34964C106	470	7,200	SH		SOLE	1	7,200	0	0
FORTUNE BRANDS HOME & SEC	COM	34964C106	2,270	34,796	SH		SOLE	1	34,796	0	0
FOUR CORNERS PPTY TR	COM	35086T109	130	5,175	SH		OTR	1	5,175	0	0
FOUR CORNERS PPTY TR	COM	35086T109	14,540	579,065	SH		OTR	1	579,065	0	0
FOX FACTORY HLDG	COM	35138V102	196	5,500	SH		SOLE	1	5,500	0	0
FRANKLIN RES	COM	354613101	466	10,400	SH		SOLE	1	10,400	0	0
FRANKLIN STREET PPTYS	COM	35471R106	102	9,200	SH		SOLE	1	9,200	0	0
GALLAGHER ARTHUR J &	COM	363576109	301	5,250	SH		SOLE	1	5,250	0	0
GAMING & LEISURE PPTYS	COM	36467J108	663	17,600	SH		SOLE	1	17,600	0	0
GAP INC	COM	364760108	235	10,700	SH		SOLE	1	10,700	0	0
GARMIN	SHS	H2906T109	258	5,050	SH		OTR	1	5,050	0	0
GARTNER	COM	366651107	296	2,400	SH		SOLE	1	2,400	0	0
GENERAL DYNAMICS	COM	369550108	2,736	13,811	SH		OTR	1	13,811	0	0
GENERAL DYNAMICS	COM	369550108	2,645	13,350	SH		SOLE	1	13,350	0	0
GENERAL ELECTRIC	COM	369604103	6,624	245,238	SH		OTR	1	245,238	0	0
GENERAL ELECTRIC	COM	369604103	9,261	342,890	SH		SOLE	1	342,890	0	0
GENERAL MLS	COM	370334104	1,355	24,450	SH		SOLE	1	24,450	0	0
GENERAL MTRS	COM	37045V100	703	20,140	SH		DFND	4	20,140	0	0
GENERAL MTRS	COM	37045V100	15,979	457,455	SH		OTR	1	457,455	0	0
GENERAL MTRS	COM	37045V100	2,054	58,800	SH		SOLE	1	58,800	0	0
GENUINE PARTS	COM	372460105	399	4,300	SH		SOLE	1	4,300	0	0
GEO GROUP INC	COM	36162J106	128,613	4,349,426	SH		OTR	1	4,349,426	0	0
GEO GROUP INC	COM	36162J106	328	11,100	SH		SOLE	1	11,100	0	0
GETTY RLTY CORP	COM	374297109	63	2,504	SH		SOLE	1	2,504	0	0
GGP	COM	36174X101	2,311	98,077	SH		SOLE	1	98,077	0	0
GILEAD SCIENCES	COM	375558103	4,502	63,607	SH		DFND	4	63,607	0	0
GILEAD SCIENCES	COM	375558103	956	13,500	SH		OTR	1	13,500	0	0
GILEAD SCIENCES	COM	375558103	5,652	79,850	SH		SOLE	1	79,850	0	0
GLADSTONE COML	COM	376536108	46	2,100	SH		SOLE	1	2,100	0	0
GLOBAL NET LEASE	COM NEW	379378201	108	4,866	SH		SOLE	1	4,866	0	0
GLOBAL PMTS	COM	37940X102	5,549	61,441	SH		OTR	1	61,441	0	0
GLOBAL PMTS	COM	37940X102	402	4,450	SH		SOLE	1	4,450	0	0
GLOBAL X FDS MSCI	PAKISTAN	37950E689	66	4,000	SH		SOLE	1	4,000	0	0
GMS	COM	36251C103	1,706	60,700	SH		SOLE	1	60,700	0	0
GOGO	COM	38046C109	5,716	495,800	SH		DFND	3,5,2	495,800	0	0
GOGO INC	NOTE 3.750% 3/0	38046CAB5	3,628	4,000,000	PRN		DFND	3,5,2	4,000,000	0	0
GOLDMAN SACHS GROUP	COM	38141G104	671	3,027	SH		DFND	4	3,027	0	0
GOLDMAN SACHS GROUP	COM	38141G104	311	1,400	SH		OTR	1	1,400	0	0
GOLDMAN SACHS GROUP	COM	38141G104	5,153	23,220	SH		SOLE	1	23,220	0	0
GOODYEAR TIRE & RUBR	COM	382550101	255	7,300	SH		SOLE	1	7,300	0	0
GOPRO	CL A	38268T103	650	80,010	SH		DFND	3,5,2	80,010	0	0
GOPRO	PUT	38268T953	108	750	SH		DFND	3,5,2	750	0	0
GOPRO	PUT	38268T953	15	1,500	SH		DFND	3,5,2	1,500	0	0
GRACE W R & CO DEL	COM	38388F108	155	2,150	SH		SOLE	1	2,150	0	0
GRAINGER W W	COM	384802104	280	1,550	SH		SOLE	1	1,550	0	0
GRAMERCY PPTY	COM NEW	385002308	14,607	491,645	SH		OTR	1	491,645	0	0
GRAMERCY PPTY	COM NEW	385002308	408	13,740	SH		SOLE	1	13,740	0	0
GRANITE CONSTR	COM	387328107	2,234	46,300	SH		SOLE	1	46,300	0	0
GRAPHIC PACKAGING HLDG	COM	388689101	6,084	441,477	SH		OTR	1	441,477	0	0
GREEN DOT	CL A	39304D102	108	2,800	SH		SOLE	1	2,800	0	0
GREENBRIER COS	COM	393657101	4,089	88,400	SH		SOLE	1	88,400	0	0
GRUPO AEROPORTUARIO CTR NORT	ADR	400501102	58	1,200	SH		SOLE	1	1,200	0	0
GRUPO AEROPORTUARIO CTR NORT	ADR	400501102	24	500	SH		SOLE	1	500	0	0
GRUPO TELEVISA SA SPON ADR	ORD	40049J206	2,556	104,900	SH		OTR	1	104,900	0	0
GUIDEWIRE SOFTWARE	COM	40171V100	3,809	55,429	SH		OTR	1	55,429	0	0
HALLIBURTON	COM	406216101	1,068	25,000	SH		SOLE	1	25,000	0	0
HANESBRANDS	COM	410345102	236	10,200	SH		SOLE	1	10,200	0	0
HARLEY DAVIDSON	COM	412822108	259	4,800	SH		SOLE	1	4,800	0	0
HARMONIC INC	NOTE 4.000%12/0	413160AB8	2,292	2,000,000	PRN		DFND	3,5,2	2,000,000	0	0
HARRIS CORP	COM	413875105	633	5,800	SH		SOLE	1	5,800	0	0
HARTFORD FINL SVCS GROUP	COM	416515104	181	3,440	SH		OTR	1	3,440	0	0
HARTFORD FINL SVCS GROUP	COM	416515104	1,475	28,050	SH		SOLE	1	28,050	0	0
HASBRO	COM	418056107	357	3,200	SH		SOLE	1	3,200	0	0
HAWAIIAN HOLDINGS	COM	419879101	164	3,500	SH		SOLE	1	3,500	0	0
HCA HEALTHCARE	COM	40412C101	13,248	151,932	SH		OTR	1	151,932	0	0
HCA HEALTHCARE	COM	40412C101	1,381	15,840	SH		SOLE	1	15,840	0	0
HCP	COM	40414L109	336,690	10,534,722	SH		OTR	1	10,534,722	0	0
HCP	COM	40414L109	2,429	76,000	SH		SOLE	1	76,000	0	0
HD SUPPLY HLDGS	COM	40416M105	181	5,900	SH		SOLE	1	5,900	0	0
HDFC BANK LTD ADR REPS	SHS	40415F101	35	400	SH		SOLE	1	400	0	0
HEALTHCARE RLTY	COM	421946104	359	10,500	SH		SOLE	1	10,500	0	0
HELMERICH & PAYNE	COM	423452101	174	3,200	SH		SOLE	1	3,200	0	0
HENRY JACK & ASSOC	COM	426281101	234	2,250	SH		SOLE	1	2,250	0	0
HERC HLDGS	COM	42704L104	3,153	80,200	SH		SOLE	1	80,200	0	0
HERSHEY	COM	427866108	456	4,250	SH		SOLE	1	4,250	0	0
HESS	COM	42809H107	344	7,850	SH		SOLE	1	7,850	0	0
HEWLETT PACKARD ENTERPRISE	COM	42824C109	1,252	75,450	SH		SOLE	1	75,450	0	0
HIGHWOODS PPTYS	COM	431284108	227,900	4,494,181	SH		OTR	1	4,494,181	0	0
HIGHWOODS PPTYS	COM	431284108	467	9,200	SH		SOLE	1	9,200	0	0
HILTON WORLDWIDE HLDGS	COM	43300A203	2,120	34,281	SH		OTR	1	34,281	0	0
HILTON WORLDWIDE HLDGS	COM	43300A203	716	11,582	SH		SOLE	1	11,582	0	0
HOLLYFRONTIER	COM	436106108	137	5,000	SH		SOLE	1	5,000	0	0
HOLOGIC	COM	436440101	4,005	88,249	SH		OTR	1	88,249	0	0
HOLOGIC	COM	436440101	343	7,550	SH		SOLE	1	7,550	0	0
HOME DEPOT	COM	437076102	1,871	12,200	SH		OTR	1	12,200	0	0
HOME DEPOT	COM	437076102	10,430	67,990	SH		SOLE	1	67,990	0	0
HONEYWELL INTL	COM	438516106	8,114	60,877	SH		OTR	1	60,877	0	0
HONEYWELL INTL	COM	438516106	5,305	39,800	SH		SOLE	1	39,800	0	0
HORMEL FOODS	COM	440452100	280	8,200	SH		SOLE	1	8,200	0	0
HOST HOTELS & RESORTS	COM	44107P104	393,565	21,541,574	SH		OTR	1	21,541,574	0	0
HOST HOTELS & RESORTS	COM	44107P104	2,284	125,008	SH		SOLE	1	125,008	0	0
HP	COM	40434L105	1,782	101,950	SH		SOLE	1	101,950	0	0
HUDSON PAC PPTYS	COM	444097109	164,448	4,809,818	SH		OTR	1	4,809,818	0	0
HUDSON PAC PPTYS	COM	444097109	479	14,000	SH		SOLE	1	14,000	0	0
HUMANA	COM	444859102	1,071	4,450	SH		SOLE	1	4,450	0	0
HUNT J B TRANS SVCS	COM	445658107	238	2,600	SH		SOLE	1	2,600	0	0
HUNTINGTON BANCSHARES	COM	446150104	104	7,700	SH		OTR	1	7,700	0	0
HUNTINGTON BANCSHARES	COM	446150104	408	30,150	SH		SOLE	1	30,150	0	0
HUNTINGTON INGALLS INDS	COM	446413106	242	1,300	SH		SOLE	1	1,300	0	0
ICICI BK	ADR	45104G104	166	18,574	SH		DFND	4	18,574	0	0
ICICI BK	ADR	45104G104	3,848	429,000	SH		SOLE	1	429,000	0	0
IDEX	COM	45167R104	254	2,250	SH		SOLE	1	2,250	0	0
IDEXX LABS	COM	45168D104	1,251	7,750	SH		SOLE	1	7,750	0	0
IHS MARKIT	SHS	G47567105	5,570	126,468	SH		OTR	1	126,468	0	0
IHS MARKIT	SHS	G47567105	755	17,139	SH		SOLE	1	17,139	0	0
ILLINOIS TOOL WKS	COM	452308109	2,335	16,300	SH		SOLE	1	16,300	0	0
ILLUMINA	COM	452327109	739	4,260	SH		SOLE	1	4,260	0	0
INCYTE	COM	45337C102	1,905	15,130	SH		OTR	1	15,130	0	0
INCYTE	COM	45337C102	617	4,900	SH		SOLE	1	4,900	0	0
INDEPENDENCE RLTY TR	COM	45378A106	51	5,164	SH		SOLE	1	5,164	0	0
INFOSYS LTD	ADR	456788108	834	55,500	SH		SOLE	1	55,500	0	0
INGERSOLL-RAND	SHS	G47791101	3,696	40,444	SH		SOLE	1	40,444	0	0
INGREDION	COM	457187102	226	1,900	SH		SOLE	1	1,900	0	0
INTEL	COM	458140100	1,232	36,520	SH		DFND	4	36,520	0	0
INTEL	COM	458140100	5,473	162,201	SH		OTR	1	162,201	0	0
INTEL	COM	458140100	6,179	183,130	SH		SOLE	1	183,130	0	0
INTERCONTINENTAL EXCHANGE	COM	45866F104	22	345	SH		DFND	5,2	345	0	0
INTERCONTINENTAL EXCHANGE	COM	45866F104	8,055	122,200	SH		OTR	1	122,200	0	0
INTERCONTINENTAL EXCHANGE	COM	45866F104	1,103	16,725	SH		SOLE	1	16,725	0	0
INTERNATIONAL	COM	459506101	473	3,500	SH		SOLE	1	3,500	0	0
INTERNATIONAL BUSINESS	COM	459200101	6,629	43,090	SH		SOLE	1	43,090	0	0
INTERPUBLIC GROUP COS	COM	460690100	2,330	94,700	SH		OTR	1	94,700	0	0
INTERPUBLIC GROUP COS	COM	460690100	258	10,500	SH		SOLE	1	10,500	0	0
INTL PAPER	COM	460146103	631	11,150	SH		SOLE	1	11,150	0	0
INTUIT	COM	461202103	1,620	12,200	SH		SOLE	1	12,200	0	0
INTUITIVE SURGICAL	COM NEW	46120E602	2,236	2,390	SH		SOLE	1	2,390	0	0
INVESCO	SHS	G491BT108	412	11,700	SH		SOLE	1	11,700	0	0
INVITATION HOMES	COM	46187W107	147	6,800	SH		SOLE	1	6,800	0	0
IRON MTN INC	COM	46284V101	1,018	29,628	SH		SOLE	1	29,628	0	0
ISHARES TR	MSCI UAE ETF	46434V761	382	22,834	SH		SOLE	1	22,834	0	0
ISHARES TR	MSCI QATAR ETF	46434V779	345	21,100	SH		SOLE	1	21,100	0	0
ISTAR	COM	45031U101	72	6,000	SH		SOLE	1	6,000	0	0
ITAU CORPBANCA	ADR	45033E105	9	700	SH		SOLE	1	700	0	0
ITRON	COM	465741106	981	14,485	SH		SOLE	1	14,485	0	0
JACOBS ENGR GROUP INC	COM	469814107	2,518	46,300	SH		SOLE	1	46,300	0	0
JAKKS PAC	COM	47012E106	2,250	562,549	SH		DFND	3,5,2	562,549	0	0
JD COM INC SPON	CL A	47215P106	278	7,106	SH		DFND	4	7,106	0	0
JD COM INC SPON	CL A	47215P106	3,189	81,300	SH		SOLE	1	81,300	0	0
JETBLUE AIRWAYS	COM	477143101	342	15,000	SH		SOLE	1	15,000	0	0
JOHNSON &	COM	478160104	21,353	161,410	SH		SOLE	1	161,410	0	0
JOHNSON &	COM	478160104	1,666	12,596	SH		SOLE	1	12,596	0	0
JOHNSON CTLS INTL	SHS	G51502105	1,168	26,937	SH		OTR	1	26,937	0	0
JONES LANG LASALLE	COM	48020Q107	163	1,300	SH		SOLE	1	1,300	0	0
JPMORGAN CHASE &	COM	46625H100	11,408	124,810	SH		SOLE	1	124,810	0	0
JPMORGAN CHASE &	COM	46625H100	347	3,792	SH		SOLE	1	3,792	0	0
JPMORGAN CHASE &	COM	46625H100	5,929	64,870	SH		SOLE	1	64,870	0	0
JUNIPER NETWORKS	COM	48203R104	263	9,450	SH		SOLE	1	9,450	0	0
KANSAS CITY	COM NEW	485170302	4,186	40,000	SH		SOLE	1	40,000	0	0
KATE SPADE &	COM	485865109	2,476	133,958	SH		DFND	4	133,958	0	0
KBR	COM	48242W106	2,627	172,600	SH		SOLE	1	172,600	0	0
KELLOGG	COM	487836108	524	7,550	SH		SOLE	1	7,550	0	0
KENNAMETAL	COM	489170100	11,540	308,400	SH		SOLE	1	308,400	0	0
KEYCORP	COM	493267108	564	30,100	SH		SOLE	1	30,100	0	0
KEYW HLDG CORP	NOTE 2.500% 7/1	493723AA8	963	1,000,000	PRN		DFND	3,5,2	1,000,000	0	0
KILROY RLTY	COM	49427F108	1,255	16,700	SH		SOLE	1	16,700	0	0
KILROY RLTY	COM	49427F108	350,299	4,661,328	SH		SOLE	1	4,661,328	0	0
KIMBERLY CLARK	COM	494368103	3,208	24,850	SH		SOLE	1	24,850	0	0
KIMCO RLTY	COM	49446R109	1,373	74,800	SH		SOLE	1	74,800	0	0
KIMCO RLTY	COM	49446R109	4,949	269,698	SH		SOLE	1	269,698	0	0
KINDER MORGAN INC	COM	49456B101	1,094	57,077	SH		SOLE	1	57,077	0	0
KINDER MORGAN INC	COM	49456B101	11,314	590,524	SH		SOLE	1	590,524	0	0
KITE RLTY GROUP	COM NEW	49803T300	142	7,525	SH		SOLE	1	7,525	0	0
KLA-TENCOR	COM	482480100	728	7,950	SH		SOLE	1	7,950	0	0
KNIGHT TRANSN	COM	499064103	1,641	44,300	SH		SOLE	1	44,300	0	0
KOHLS	COM	500255104	180	4,650	SH		SOLE	1	4,650	0	0
KRAFT HEINZ	COM	500754106	1,473	17,203	SH		SOLE	1	17,203	0	0
KROGER	COM	501044101	609	26,100	SH		SOLE	1	26,100	0	0
L BRANDS	COM	501797104	375	6,950	SH		SOLE	1	6,950	0	0
L BRANDS	COM	501797104	3,825	70,977	SH		SOLE	1	70,977	0	0
L3 TECHNOLOGIES	COM	502413107	368	2,200	SH		SOLE	1	2,200	0	0
LABORATORY CORP AMER	COM NEW	50540R409	447	2,900	SH		SOLE	1	2,900	0	0
LAM RESEARCH	COM	512807108	1,648	11,650	SH		SOLE	1	11,650	0	0
LAM RESEARCH CORP	NOTE 1.250% 5/1	512807AL2	65,357	27,500,000	PRN		DFND	3,5,2	27,500,000	0	0
LAMAR ADVERTISING CO	CL A	512816109	91,825	1,248,134	SH		SOLE	1	1,248,134	0	0
LAMB WESTON HLDGS	COM	513272104	1,326	30,100	SH		SOLE	1	30,100	0	0
LAS VEGAS SANDS	COM	517834107	2,407	37,680	SH		SOLE	1	37,680	0	0
LATAM AIRLS GROUP S A	ADR	51817R106	56	5,100	SH		SOLE	1	5,100	0	0
LATAM AIRLS GROUP S A	ADR	51817R106	44	4,000	SH		SOLE	1	4,000	0	0
LAUDER ESTEE COS	CL A	518439104	3,324	34,636	SH		OTR	1	34,636	0	0
LAUDER ESTEE COS	CL A	518439104	653	6,800	SH		SOLE	1	6,800	0	0
LAYNE CHRISTENSEN	PUT	521050954	35	1,500	SH		DFND	3,5,2	1,500	0	0
LAYNE CHRISTENSEN CO	NOTE 8.000% 5/0	521050AD6	2,614	2,500,000	PRN		DFND	3,5,2	2,500,000	0	0
LEAR	COM NEW	521865204	1,257	8,850	SH		SOLE	1	8,850	0	0
LEGG MASON	COM	524901105	76	2,000	SH		SOLE	1	2,000	0	0
LEGGETT & PLATT	COM	524660107	197	3,750	SH		SOLE	1	3,750	0	0
LEIDOS HLDGS	COM	525327102	215	4,150	SH		SOLE	1	4,150	0	0
LENNAR	CL A	526057104	331	6,200	SH		SOLE	1	6,200	0	0
LENNOX INTL	COM	526107107	206	1,120	SH		SOLE	1	1,120	0	0
LEUCADIA NATL	COM	527288104	235	9,000	SH		SOLE	1	9,000	0	0
LEVEL 3 COMMUNICATIONS	COM NEW	52729N308	519	8,750	SH		SOLE	1	8,750	0	0
LEXINGTON REALTY	COM	529043101	188	18,946	SH		SOLE	1	18,946	0	0
LEXINGTON REALTY TRUST	PFD CONV SER C	529043309	1,202	23,612	SH		SOLE	1	0	0	0
LIBERTY GLOBAL PLC	CL A	G5480U104	222	6,903	SH		SOLE	1	6,903	0	0
LIBERTY MEDIA CORP DELAWARE	COM C SIRIUSXM	531229607	234	5,600	SH		SOLE	1	5,600	0	0
LIFE STORAGE	COM	53223X107	311	4,200	SH		SOLE	1	4,200	0	0
LILLY ELI &	COM	532457108	3,436	41,750	SH		SOLE	1	41,750	0	0
LILLY ELI &	CALL	532457908	1,004	775	SH		DFND	3,5,2	775	0	0
LINCOLN NATL CORP	COM	534187109	436	6,449	SH		SOLE	1	6,449	0	0
LINCOLN NATL CORP	COM	534187109	95	1,400	SH		SOLE	1	1,400	0	0
LIVE NATION ENTERTAINMENT	COM	538034109	1,415	40,600	SH		SOLE	1	40,600	0	0
LKQ	COM	501889208	292	8,850	SH		SOLE	1	8,850	0	0
LOCKHEED MARTIN	COM	539830109	3,742	13,480	SH		SOLE	1	13,480	0	0
LOEWS	COM	540424108	389	8,300	SH		SOLE	1	8,300	0	0
LOWES COS	COM	548661107	3,330	42,950	SH		SOLE	1	42,950	0	0
LTC PPTYS	COM	502175102	180	3,500	SH		SOLE	1	3,500	0	0
LULULEMON ATHLETICA	COM	550021109	182	3,050	SH		SOLE	1	3,050	0	0
M & T BK	COM	55261F104	648	4,001	SH		SOLE	1	4,001	0	0
MACERICH	COM	554382101	1,239	21,345	SH		SOLE	1	21,345	0	0
MACK CALI RLTY	COM	554489104	220	8,100	SH		SOLE	1	8,100	0	0
MACQUARIE INFRASTRUCTURE	COM	55608B105	161	2,050	SH		SOLE	1	2,050	0	0
MACYS	COM	55616P104	188	8,098	SH		SOLE	1	8,098	0	0
MALLINCKRODT PUB LTD	SHS	G5785G107	143	3,200	SH		SOLE	1	3,200	0	0
MANITOWOC	COM	563571108	2,150	357,800	SH		SOLE	1	357,800	0	0
MANPOWERGROUP	COM	56418H100	603	5,400	SH		OTR	1	5,400	0	0
MANPOWERGROUP	COM	56418H100	932	8,350	SH		SOLE	1	8,350	0	0
MARATHON OIL	COM	565849106	271	22,900	SH		SOLE	1	22,900	0	0
MARATHON PETE	COM	56585A102	780	14,900	SH		SOLE	1	14,900	0	0
MARKEL	COM	570535104	390	400	SH		SOLE	1	400	0	0
MARRIOTT INTL INC	CL A	571903202	4,684	46,691	SH		OTR	1	46,691	0	0
MARRIOTT INTL INC	CL A	571903202	3,076	30,667	SH		SOLE	1	30,667	0	0
MARRIOTT VACATIONS WRLDWDE	COM	57164Y107	236	2,000	SH		SOLE	1	2,000	0	0
MARSH & MCLENNAN COS	COM	571748102	1,844	23,650	SH		SOLE	1	23,650	0	0
MARTIN MARIETTA MATLS	COM	573284106	12,542	56,350	SH		SOLE	1	56,350	0	0
MARVELL TECHNOLOGY GROUP	ORD	G5876H105	317	19,200	SH		SOLE	1	19,200	0	0
MASCO	COM	574599106	340	8,900	SH		SOLE	1	8,900	0	0
MASIMO	COM	574795100	219	2,400	SH		SOLE	1	2,400	0	0
MASTEC	COM	576323109	16,015	354,700	SH		SOLE	1	354,700	0	0
MASTERCARD	CL A	57636Q104	6,407	52,755	SH		OTR	1	52,755	0	0
MASTERCARD	CL A	57636Q104	6,151	50,650	SH		SOLE	1	50,650	0	0
MATERION	COM	576690101	94	2,500	SH		SOLE	1	2,500	0	0
MATTEL	COM	577081102	198	9,200	SH		SOLE	1	9,200	0	0
MAXIM INTEGRATED PRODS	COM	57772K101	391	8,700	SH		SOLE	1	8,700	0	0
MCDONALDS	COM	580135101	1,302	8,500	SH		OTR	1	8,500	0	0
MCDONALDS	COM	580135101	16,289	106,350	SH		SOLE	1	106,350	0	0
MCKESSON	COM	58155Q103	8,308	50,494	SH		OTR	1	50,494	0	0
MCKESSON	COM	58155Q103	1,053	6,400	SH		SOLE	1	6,400	0	0
MEDEQUITIES RLTY TR	COM	58409L306	15	1,200	SH		SOLE	1	1,200	0	0
MEDICAL PPTYS TRUST	COM	58463J304	418	32,500	SH		SOLE	1	32,500	0	0
MEDNAX	COM	58502B106	181	3,000	SH		SOLE	1	3,000	0	0
MEDTRONIC	SHS	G5960L103	116	1,307	SH		OTR	1	1,307	0	0
MEDTRONIC	SHS	G5960L103	3,589	40,444	SH		SOLE	1	40,444	0	0
MELCO RESORT ENTERTAINMENT	ADR	585464100	469	20,900	SH		SOLE	1	20,900	0	0
MERCADOLIBRE	COM	58733R102	547	2,180	SH		SOLE	1	2,180	0	0
MERCK & CO	COM	58933Y105	7,827	122,128	SH		SOLE	1	122,128	0	0
METLIFE	COM	59156R108	9,843	179,161	SH		OTR	1	179,161	0	0
METLIFE	COM	59156R108	1,470	26,750	SH		SOLE	1	26,750	0	0
METTLER TOLEDO	COM	592688105	853	1,450	SH		SOLE	1	1,450	0	0
MGM RESORTS	COM	552953101	424	13,550	SH		SOLE	1	13,550	0	0
MICHAEL KORS HLDGS	SHS	G60754101	1,049	28,954	SH		DFND	4	28,954	0	0
MICHAEL KORS HLDGS	SHS	G60754101	183	5,050	SH		SOLE	1	5,050	0	0
MICROCHIP TECHNOLOGY	COM	595017104	4,878	63,200	SH		SOLE	1	63,200	0	0
MICROCHIP TECHNOLOGY INC	NOTE 1.625% 2/1	595017AD6	54,699	36,500,000	PRN		DFND	3,5,2	36,500,000	0	0
MICRON TECHNOLOGY	COM	595112103	2,199	73,650	SH		SOLE	1	73,650	0	0
MICROSOFT	COM	594918104	3,933	57,071	SH		DFND	4	57,071	0	0
MICROSOFT	COM	594918104	3,178	46,100	SH		OTR	1	46,100	0	0
MICROSOFT	COM	594918104	25,924	376,090	SH		SOLE	1	376,090	0	0
MID AMER APT CMNTYS	COM	59522J103	2,120	20,115	SH		SOLE	1	20,115	0	0
MIDDLEBY	COM	596278101	207	1,700	SH		SOLE	1	1,700	0	0
MOBILE TELESYSTEMS PJSC	ADR	607409109	1,783	212,750	SH		OTR	1	212,750	0	0
MOBILE TELESYSTEMS PJSC	ADR	607409109	159	18,950	SH		SOLE	1	18,950	0	0
MOBILEYE N V AMSTELVEEN	SHS	N51488117	1,439	22,921	SH		DFND	4	22,921	0	0
MOBILEYE N V AMSTELVEEN	SHS	N51488117	314	5,000	SH		SOLE	1	5,000	0	0
MOHAWK INDS	COM	608190104	520	2,150	SH		SOLE	1	2,150	0	0
MOLINA HEALTHCARE INC	NOTE 1.125% 1/1	60855RAC4	8,748	5,000,000	PRN		DFND	3,5,2	5,000,000	0	0
MOMO	ADR	60879B107	739	20,000	SH		SOLE	1	20,000	0	0
MONDELEZ INTL	CL A	609207105	1,901	44,011	SH		SOLE	1	44,011	0	0
MONMOUTH REAL ESTATE INVT	CL A	609720107	92	6,100	SH		SOLE	1	6,100	0	0
MONOGRAM RESIDENTIAL TR	COM	60979P105	142	14,600	SH		SOLE	1	14,600	0	0
MONSANTO CO	COM	61166W101	1,492	12,606	SH		SOLE	1	12,606	0	0
MONSTER BEVERAGE CORP	COM	61174X109	971	19,550	SH		SOLE	1	19,550	0	0
MOODYS	COM	615369105	4,882	40,120	SH		OTR	1	40,120	0	0
MOODYS	COM	615369105	590	4,850	SH		SOLE	1	4,850	0	0
MORGAN	COM NEW	617446448	202	4,537	SH		OTR	1	4,537	0	0
MORGAN	COM NEW	617446448	789	17,700	SH		OTR	1	17,700	0	0
MORGAN	COM NEW	617446448	2,711	60,850	SH		SOLE	1	60,850	0	0
MOSAIC CO	COM	61945C103	207	9,050	SH		SOLE	1	9,050	0	0
MOTOROLA SOLUTIONS	COM NEW	620076307	8,688	100,161	SH		OTR	1	100,161	0	0
MOTOROLA SOLUTIONS	COM NEW	620076307	491	5,663	SH		SOLE	1	5,663	0	0
MSCI	COM	55354G100	1,004	9,750	SH		SOLE	1	9,750	0	0
MURPHY OIL	COM	626717102	125	4,860	SH		SOLE	1	4,860	0	0
NASDAQ	COM	631103108	229	3,200	SH		SOLE	1	3,200	0	0
NATIONAL HEALTH INVS	COM	63633D104	285	3,600	SH		SOLE	1	3,600	0	0
NATIONAL OILWELL VARCO	COM	637071101	1,598	48,500	SH		OTR	1	48,500	0	0
NATIONAL OILWELL VARCO	COM	637071101	363	11,033	SH		SOLE	1	11,033	0	0
NATIONAL RETAIL PPTYS	COM	637417106	144,893	3,705,705	SH		OTR	1	3,705,705	0	0
NATIONAL RETAIL PPTYS	COM	637417106	682	17,450	SH		SOLE	1	17,450	0	0
NAVIENT	COM	63938C108	118	7,100	SH		SOLE	1	7,100	0	0
NCR CORP	COM	62886E108	102	2,500	SH		SOLE	1	2,500	0	0
NETAPP	COM	64110D104	718	17,920	SH		SOLE	1	17,920	0	0
NETEASE INC	ADR	64110W102	3,599	11,971	SH		OTR	1	11,971	0	0
NETEASE INC	ADR	64110W102	4,570	15,200	SH		SOLE	1	15,200	0	0
NETFLIX	COM	64110L106	4,041	27,049	SH		OTR	1	27,049	0	0
NETFLIX	COM	64110L106	1,830	12,250	SH		SOLE	1	12,250	0	0
NEW ORIENTAL ED & TECH GRP I	ADR	647581107	2,143	30,407	SH		OTR	1	30,407	0	0
NEW ORIENTAL ED & TECH GRP I	ADR	647581107	2,502	35,500	SH		SOLE	1	35,500	0	0
NEW SR INVT GROUP	COM	648691103	71	7,100	SH		SOLE	1	7,100	0	0
NEW YORK CMNTY BANCORP	COM	649445103	176	13,400	SH		SOLE	1	13,400	0	0
NEWELL BRANDS	COM	651229106	735	13,700	SH		SOLE	1	13,700	0	0
NEWFIELD EXPL	COM	651290108	162	5,700	SH		SOLE	1	5,700	0	0
NEWMONT MINING	COM	651639106	491	15,150	SH		SOLE	1	15,150	0	0
NEWS CORP	CL A	65249B109	154	11,237	SH		SOLE	1	11,237	0	0
NEXPOINT RESIDENTIAL TR	COM	65341D102	32	1,300	SH		SOLE	1	1,300	0	0
NEXTERA ENERGY	COM	65339F101	256	1,825	SH		OTR	1	1,825	0	0
NEXTERA ENERGY	COM	65339F101	3,903	27,850	SH		SOLE	1	27,850	0	0
NISOURCE	COM	65473P105	287	11,300	SH		SOLE	1	11,300	0	0
NOBLE ENERGY	COM	655044105	122	4,300	SH		OTR	1	4,300	0	0
NOBLE ENERGY	COM	655044105	340	12,000	SH		SOLE	1	12,000	0	0
NORDSTROM	COM	655664100	182	3,800	SH		SOLE	1	3,800	0	0
NORFOLK SOUTHERN	COM	655844108	8,349	68,600	SH		SOLE	1	68,600	0	0
NORTHERN TR	COM	665859104	4,589	47,202	SH		OTR	1	47,202	0	0
NORTHERN TR	COM	665859104	598	6,150	SH		SOLE	1	6,150	0	0
NORTHROP GRUMMAN	COM	666807102	208	810	SH		OTR	1	810	0	0
NORTHROP GRUMMAN	COM	666807102	1,715	6,680	SH		SOLE	1	6,680	0	0
NORTHSTAR REALTY EUROPE	COM	66706L101	61	4,782	SH		SOLE	1	4,782	0	0
NORWEGIAN CRUISE LINE	SHS	G66721104	619	11,400	SH		SOLE	1	11,400	0	0
NOVAVAX INC	NOTE 3.750% 2/0	670002AB0	430	1,000,000	PRN		DFND	3,5,2	1,000,000	0	0
NUANCE COMMUNICATIONS	COM	67020Y100	146	8,400	SH		SOLE	1	8,400	0	0
NUCOR	COM	670346105	16,206	280,050	SH		SOLE	1	280,050	0	0
NUTANIX	CL A	67059N108	1,579	78,400	SH		DFND	5,2	78,400	0	0
NVIDIA	COM	67066G104	5,695	39,400	SH		DFND	3,5,2	39,400	0	0
NVIDIA	COM	67066G104	7,791	53,895	SH		DFND	4	53,895	0	0
NVIDIA	COM	67066G104	4,221	29,200	SH		SOLE	1	29,200	0	0
NVR	COM	62944T105	482	200	SH		SOLE	1	200	0	0
NXP SEMICONDUCTORS N	COM	N6596X109	974	8,900	SH		SOLE	1	8,900	0	0
NXP SEMICONDUCTORS N	CALL	N6596X909	36	200	SH		DFND	3,5,2	200	0	0
NXP SEMICONDUCTORS N	CALL	N6596X909	1	4	SH		DFND	3,5,2	4	0	0
O REILLY AUTOMOTIVE INC	COM	67103H107	584	2,670	SH		SOLE	1	2,670	0	0
OCCIDENTAL PETE CORP	COM	674599105	156	2,600	SH		OTR	1	2,600	0	0
OCCIDENTAL PETE CORP	COM	674599105	1,308	21,850	SH		SOLE	1	21,850	0	0
OGE ENERGY	COM	670837103	205	5,900	SH		SOLE	1	5,900	0	0
OLD DOMINION FGHT LINES	COM	679580100	705	7,400	SH		OTR	1	7,400	0	0
OLD DOMINION FGHT LINES	COM	679580100	16,077	168,800	SH		SOLE	1	168,800	0	0
OMEGA HEALTHCARE INVS	COM	681936100	585	17,720	SH		SOLE	1	17,720	0	0
OMNICOM GROUP	COM	681919106	1,036	12,500	SH		OTR	1	12,500	0	0
OMNICOM GROUP	COM	681919106	568	6,850	SH		SOLE	1	6,850	0	0
ONE LIBERTY PPTYS	COM	682406103	28	1,200	SH		SOLE	1	1,200	0	0
ONEOK INC	COM	682680103	305	5,850	SH		SOLE	1	5,850	0	0
ORACLE	COM	68389X105	11,171	222,805	SH		OTR	1	222,805	0	0
ORACLE	COM	68389X105	4,391	87,583	SH		SOLE	1	87,583	0	0
OREXIGEN THERAPEUTICS INC	NOTE 2.750%12/0	686164AC8	1,400	2,878,000	PRN		DFND	3,5,2	2,878,000	0	0
OSHKOSH	COM	688239201	12,488	181,300	SH		SOLE	1	181,300	0	0
OUTFRONT MEDIA	COM	69007J106	89,343	3,864,333	SH		OTR	1	3,864,333	0	0
PACCAR	COM	693718108	18,200	275,587	SH		SOLE	1	275,587	0	0
PACKAGING CORP	COM	695156109	774	6,950	SH		SOLE	1	6,950	0	0
PALO ALTO NETWORKS	COM	697435105	361	2,700	SH		SOLE	1	2,700	0	0
PANDORA MEDIA	COM	698354107	5,037	564,728	SH		DFND	4	564,728	0	0
PANERA BREAD	CL A	69840W108	315	1,000	SH		SOLE	1	1,000	0	0
PARAMOUNT GROUP	COM	69924R108	5	323	SH		OTR	1	323	0	0
PARK HOTELS RESORTS	COM	700517105	348	12,900	SH		SOLE	1	12,900	0	0
PARKER HANNIFIN	COM	701094104	1,058	6,620	SH		SOLE	1	6,620	0	0
PARKWAY	COM	70156Q107	86	3,768	SH		SOLE	1	3,768	0	0
PARSLEY ENERGY	CL A	701877102	183	6,600	SH		SOLE	1	6,600	0	0
PATTERSON COMPANIES	COM	703395103	103	2,200	SH		SOLE	1	2,200	0	0
PAYCHEX	COM	704326107	524	9,200	SH		SOLE	1	9,200	0	0
PAYPAL HLDGS	COM	70450Y103	1,755	32,700	SH		SOLE	1	32,700	0	0
PAYPAL HLDGS	PUT	70450Y953	4	1,000	SH		DFND	3,5,2	1,000	0	0
PEBBLEBROOK HOTEL	COM	70509V100	140,489	4,357,586	SH		OTR	1	4,357,586	0	0
PEBBLEBROOK HOTEL	COM	70509V100	203	6,300	SH		SOLE	1	6,300	0	0
PEGASYSTEMS	COM	705573103	105	1,800	SH		SOLE	1	1,800	0	0
PENTAIR	SHS	G7S00T104	335	5,030	SH		SOLE	1	5,030	0	0
PEOPLES UNITED FINANCIAL	COM	712704105	154	8,700	SH		SOLE	1	8,700	0	0
PEPSICO	COM	713448108	1,051	9,100	SH		OTR	1	9,100	0	0
PEPSICO	COM	713448108	6,943	60,115	SH		SOLE	1	60,115	0	0
PERRIGO CO	SHS	G97822103	306	4,050	SH		SOLE	1	4,050	0	0
PETROLEO BRASILEIRO SA PETRO	ADR	71654V408	4,292	537,200	SH		SOLE	1	537,200	0	0
PFIZER	COM	717081103	1,750	52,100	SH		OTR	1	52,100	0	0
PFIZER	COM	717081103	8,616	256,511	SH		SOLE	1	256,511	0	0
PG&E	COM	69331C108	1,049	15,800	SH		SOLE	1	15,800	0	0
PHILIP MORRIS INTL	COM	718172109	7,702	65,580	SH		SOLE	1	65,580	0	0
PHILLIPS	COM	718546104	1,095	13,247	SH		SOLE	1	13,247	0	0
PHYSICIANS RLTY	COM	71943U104	29,494	1,464,439	SH		OTR	1	1,464,439	0	0
PHYSICIANS RLTY	COM	71943U104	276	13,700	SH		SOLE	1	13,700	0	0
PIEDMONT OFFICE REALTY TR IN	CL A	720190206	274	13,000	SH		SOLE	1	13,000	0	0
PINNACLE WEST CAP	COM	723484101	439	5,150	SH		SOLE	1	5,150	0	0
PIONEER NAT RES	COM	723787107	4,767	29,873	SH		OTR	1	29,873	0	0
PIONEER NAT RES	COM	723787107	774	4,850	SH		SOLE	1	4,850	0	0
PNC FINL SVCS GROUP	COM	693475105	175	1,400	SH		OTR	1	1,400	0	0
PNC FINL SVCS GROUP	COM	693475105	1,741	13,946	SH		SOLE	1	13,946	0	0
POLARIS INDS	COM	731068102	166	1,800	SH		SOLE	1	1,800	0	0
POOL	COM	73278L105	188	1,600	SH		SOLE	1	1,600	0	0
PPG INDS	COM	693506107	6,142	55,855	SH		OTR	1	55,855	0	0
PPG INDS	COM	693506107	815	7,410	SH		SOLE	1	7,410	0	0
PPL	COM	69351T106	746	19,300	SH		SOLE	1	19,300	0	0
PRAXAIR	COM	74005P104	1,067	8,050	SH		SOLE	1	8,050	0	0
PREFERRED APT CMNTYS	COM	74039L103	43	2,700	SH		SOLE	1	2,700	0	0
PRICE T ROWE GROUP	COM	74144T108	531	7,150	SH		SOLE	1	7,150	0	0
PRICELINE GRP	COM NEW	741503403	6,597	3,527	SH		OTR	1	3,527	0	0
PRICELINE GRP	COM NEW	741503403	7,304	3,905	SH		SOLE	1	3,905	0	0
PRICELINE GRP INC	NOTE 1.000% 3/1	741503AQ9	92,634	46,946,000	PRN		DFND	3,5,2	46,946,000	0	0
PRIMORIS SVCS	COM	74164F103	1,898	76,100	SH		SOLE	1	76,100	0	0
PRINCIPAL FINL GROUP	COM	74251V102	923	14,400	SH		SOLE	1	14,400	0	0
PROCTER AND GAMBLE	COM	742718109	1,128	12,941	SH		OTR	1	12,941	0	0
PROCTER AND GAMBLE	COM	742718109	12,996	149,127	SH		SOLE	1	149,127	0	0
PROGRESSIVE CORP	COM	743315103	1,343	30,450	SH		SOLE	1	30,450	0	0
PROLOGIS	COM	74340W103	408,224	6,961,524	SH		OTR	1	6,961,524	0	0
PROLOGIS	COM	74340W103	5,068	86,434	SH		SOLE	1	86,434	0	0
PRUDENTIAL FINL	COM	744320102	2,033	18,800	SH		OTR	1	18,800	0	0
PRUDENTIAL FINL	COM	744320102	1,325	12,250	SH		SOLE	1	12,250	0	0
PS BUSINESS PKS INC	COM	69360J107	238	1,800	SH		SOLE	1	1,800	0	0
PUBLIC	COM	74460D109	153,376	735,510	SH		OTR	1	735,510	0	0
PUBLIC	COM	74460D109	7,467	35,809	SH		OTR	1	35,809	0	0
PUBLIC	COM	74460D109	4,984	23,900	SH		SOLE	1	23,900	0	0
PUBLIC SVC ENTERPRISE	COM	744573106	621	14,450	SH		SOLE	1	14,450	0	0
PULTE GROUP	COM	745867101	599	24,400	SH		SOLE	1	24,400	0	0
PVH	COM	693656100	258	2,250	SH		SOLE	1	2,250	0	0
QORVO	COM	74736K101	228	3,600	SH		SOLE	1	3,600	0	0
QTS RLTY TR INC	CL A	74736A103	230	4,400	SH		SOLE	1	4,400	0	0
QUALCOMM	COM	747525103	4,918	89,055	SH		OTR	1	89,055	0	0
QUALCOMM	COM	747525103	3,700	67,000	SH		SOLE	1	67,000	0	0
QUALITY CARE PPTYS	COM	747545101	152	8,320	SH		SOLE	1	8,320	0	0
QUANTA SVCS	COM	74762E102	13,036	396,000	SH		SOLE	1	396,000	0	0
QUEST DIAGNOSTICS	COM	74834L100	817	7,350	SH		SOLE	1	7,350	0	0
QUINTILES IMS HOLDINGS	COM	74876Y101	3,748	41,875	SH		OTR	1	41,875	0	0
QUINTILES IMS HOLDINGS	COM	74876Y101	398	4,447	SH		SOLE	1	4,447	0	0
RALPH LAUREN	CL A	751212101	125	1,700	SH		SOLE	1	1,700	0	0
RANGE RES	COM	75281A109	123	5,300	SH		SOLE	1	5,300	0	0
RAYMOND JAMES FINANCIAL	COM	754730109	293	3,650	SH		SOLE	1	3,650	0	0
RAYTHEON	COM NEW	755111507	2,559	15,850	SH		SOLE	1	15,850	0	0
REALTY INCOME	COM	756109104	2,522	45,700	SH		SOLE	1	45,700	0	0
RED HAT	COM	756577102	498	5,200	SH		SOLE	1	5,200	0	0
REGENCY CTRS	COM	758849103	333,465	5,323,517	SH		OTR	1	5,323,517	0	0
REGENCY CTRS	COM	758849103	1,681	26,835	SH		SOLE	1	26,835	0	0
REGENERON	COM	75886F107	1,650	3,360	SH		DFND	4	3,360	0	0
REGENERON	COM	75886F107	5,440	11,077	SH		OTR	1	11,077	0	0
REGENERON	COM	75886F107	1,090	2,220	SH		SOLE	1	2,220	0	0
REGIONS FINL CORP	COM	7591EP100	503	34,385	SH		SOLE	1	34,385	0	0
REINSURANCE GROUP AMER	COM NEW	759351604	225	1,750	SH		SOLE	1	1,750	0	0
RELIANCE STEEL & ALUMINUM	COM	759509102	4,092	56,200	SH		SOLE	1	56,200	0	0
RENAISSANCERE HOLDINGS	COM	G7496G103	1,947	14,000	SH		OTR	1	14,000	0	0
REPUBLIC SVCS	COM	760759100	819	12,850	SH		SOLE	1	12,850	0	0
RESMED	COM	761152107	327	4,200	SH		SOLE	1	4,200	0	0
RESTAURANT BRANDS INTL	COM	76131D103	625	10,000	SH		SOLE	1	10,000	0	0
RETAIL OPPORTUNITY INVTS	COM	76131N101	186	9,700	SH		SOLE	1	9,700	0	0
RETAIL PPTYS AMER	CL A	76131V202	261	21,400	SH		SOLE	1	21,400	0	0
REXFORD INDL RLTY	COM	76169C100	165	6,000	SH		SOLE	1	6,000	0	0
REYNOLDS AMERICAN	COM	761713106	2,763	42,476	SH		SOLE	1	42,476	0	0
RLJ LODGING	COM	74965L101	223	11,200	SH		SOLE	1	11,200	0	0
ROBERT HALF INTL	COM	770323103	173	3,600	SH		SOLE	1	3,600	0	0
ROCKWELL AUTOMATION	COM	773903109	10,965	67,700	SH		SOLE	1	67,700	0	0
ROCKWELL COLLINS	COM	774341101	490	4,664	SH		SOLE	1	4,664	0	0
ROLLINS	COM	775711104	90	2,200	SH		SOLE	1	2,200	0	0
ROPER TECHNOLOGIES	COM	776696106	671	2,900	SH		SOLE	1	2,900	0	0
ROSS STORES	COM	778296103	996	17,250	SH		SOLE	1	17,250	0	0
ROYAL CARIBBEAN CRUISES	COM	V7780T103	1,103	10,100	SH		OTR	1	10,100	0	0
RYLAND GROUP INC	NOTE 1.625% 5/1	783764AQ6	30,864	26,000,000	PRN		DFND	3,5,2	26,000,000	0	0
RYMAN HOSPITALITY PPTYS	COM	78377T107	294	4,600	SH		SOLE	1	4,600	0	0
S&P GLOBAL	COM	78409V104	1,540	10,550	SH		SOLE	1	10,550	0	0
SABRA HEALTH CARE REIT	COM	78573L106	142	5,900	SH		SOLE	1	5,900	0	0
SABRE	COM	78573M104	135	6,200	SH		SOLE	1	6,200	0	0
SALESFORCE COM	COM	79466L302	3,816	44,069	SH		DFND	4	44,069	0	0
SALESFORCE COM	COM	79466L302	6,379	73,659	SH		OTR	1	73,659	0	0
SALESFORCE COM	COM	79466L302	1,667	19,250	SH		SOLE	1	19,250	0	0
SAUL CTRS	COM	804395101	64	1,100	SH		SOLE	1	1,100	0	0
SBA COMMUNICATIONS CORP	CL A	78410G104	722	5,350	SH		SOLE	1	5,350	0	0
SCANA CORP	COM	80589M102	255	3,800	SH		SOLE	1	3,800	0	0
SCANSOURCE	COM	806037107	238	5,900	SH		SOLE	1	5,900	0	0
SCHEIN HENRY	COM	806407102	403	2,200	SH		SOLE	1	2,200	0	0
SCHLUMBERGER	COM	806857108	97	1,468	SH		OTR	1	1,468	0	0
SCHLUMBERGER	COM	806857108	2,604	39,545	SH		SOLE	1	39,545	0	0
SCHWAB CHARLES CORP	COM	808513105	1,471	34,250	SH		SOLE	1	34,250	0	0
SCRIPPS NETWORKS INTERACT IN CL	COM	811065101	154	2,250	SH		SOLE	1	2,250	0	0
SEAGATE TECHNOLOGY	SHS	G7945M107	566	14,600	SH		OTR	1	14,600	0	0
SEALED AIR CORP	COM	81211K100	235	5,250	SH		SOLE	1	5,250	0	0
SEATTLE GENETICS	COM	812578102	137	2,650	SH		SOLE	1	2,650	0	0
SEI INVESTMENTS	COM	784117103	226	4,200	SH		SOLE	1	4,200	0	0
SEMPRA	COM	816851109	767	6,800	SH		SOLE	1	6,800	0	0
SENSATA TECHNOLOGIES HLDG	SHS	N7902X106	211	4,950	SH		OTR	1	4,950	0	0
SERITAGE GROWTH	CL A	81752R100	88	2,100	SH		SOLE	1	2,100	0	0
SERVICE CORP	COM	817565104	5,026	150,262	SH		OTR	1	150,262	0	0
SERVICENOW	COM	81762P102	6,419	60,559	SH		OTR	1	60,559	0	0
SERVICENOW	COM	81762P102	562	5,300	SH		SOLE	1	5,300	0	0
SHERWIN WILLIAMS	COM	824348106	1,383	3,940	SH		SOLE	1	3,940	0	0
SIGNATURE BK NEW YORK N	COM	82669G104	237	1,650	SH		SOLE	1	1,650	0	0
SIGNET JEWELERS	SHS	G81276100	108	1,700	SH		SOLE	1	1,700	0	0
SIMON PPTY GROUP INC	COM	828806109	850,667	5,258,820	SH		OTR	1	5,258,820	0	0
SIMON PPTY GROUP INC	COM	828806109	8,015	49,548	SH		SOLE	1	49,548	0	0
SINA CORP	NOTE 1.000%12/0	82922RAD5	74	700	SH		OTR	1	700	0	0
SIRIUS XM HLDGS	COM	82968B103	362	66,200	SH		SOLE	1	66,200	0	0
SIX FLAGS ENTMT CORP	COM	83001A102	447	7,500	SH		SOLE	1	7,500	0	0
SKYWORKS SOLUTIONS	COM	83088M102	902	9,400	SH		SOLE	1	9,400	0	0
SL GREEN RLTY	COM	78440X101	384,468	3,633,909	SH		OTR	1	3,633,909	0	0
SL GREEN RLTY	COM	78440X101	1,883	17,800	SH		SOLE	1	17,800	0	0
SMITH A	COM	831865209	237	4,200	SH		SOLE	1	4,200	0	0
SMUCKER J M	COM NEW	832696405	393	3,320	SH		SOLE	1	3,320	0	0
SNAP ON	COM	833034101	253	1,600	SH		SOLE	1	1,600	0	0
SOTHEBYS	COM	835898107	172	3,200	SH		SOLE	1	3,200	0	0
SOUTHERN	COM	842587107	2,746	57,350	SH		SOLE	1	57,350	0	0
SOUTHERN COPPER	COM	84265V105	21	600	SH		SOLE	1	600	0	0
SOUTHWEST AIRLS	COM	844741108	2,287	36,800	SH		SOLE	1	36,800	0	0
SPDR GOLD TRUST	SHS	78463V107	885	7,500	SH		SOLE	1	7,500	0	0
SPDR S&P 500 ETF	PUT	78462F953	39	400	SH		DFND	3,5,2	400	0	0
SPECTRUM BRANDS HLDGS	COM	84763R101	100	800	SH		SOLE	1	800	0	0
SPIRIT RLTY CAP INC	COM	84860W102	324	43,700	SH		SOLE	1	43,700	0	0
SPLUNK	COM	848637104	2,969	52,199	SH		DFND	4	52,199	0	0
SPLUNK	COM	848637104	2,391	42,028	SH		OTR	1	42,028	0	0
SPLUNK	COM	848637104	219	3,850	SH		SOLE	1	3,850	0	0
SS&C TECHNOLOGIES HLDGS	COM	78467J100	196	5,100	SH		SOLE	1	5,100	0	0
STAG INDL	COM	85254J102	221	8,000	SH		SOLE	1	8,000	0	0
STANLEY BLACK & DECKER	COM	854502101	601	4,274	SH		SOLE	1	4,274	0	0
STAPLES	COM	855030102	195	19,400	SH		SOLE	1	19,400	0	0
STARBUCKS	COM	855244109	187	3,200	SH		OTR	1	3,200	0	0
STARBUCKS	COM	855244109	4,000	68,600	SH		SOLE	1	68,600	0	0
STATE STR	COM	857477103	1,090	12,143	SH		SOLE	1	12,143	0	0
STEEL DYNAMICS	COM	858119100	251	7,000	SH		SOLE	1	7,000	0	0
STERICYCLE	COM	858912108	187	2,450	SH		SOLE	1	2,450	0	0
STORE CAP	COM	862121100	350	15,600	SH		SOLE	1	15,600	0	0
STRYKER	COM	863667101	2,345	16,900	SH		SOLE	1	16,900	0	0
SUCAMPO PHARMACEUTICALS INC	DBCV 3.250%12/1	864909AA4	2,922	3,000,000	PRN		DFND	3,5,2	3,000,000	0	0
SUMMIT HOTEL	COM	866082100	173	9,300	SH		SOLE	1	9,300	0	0
SUN CMNTYS	COM	866674104	341,747	3,897,215	SH		OTR	1	3,897,215	0	0
SUN CMNTYS	COM	866674104	561	6,400	SH		SOLE	1	6,400	0	0
SUNSTONE HOTEL INVS INC	COM	867892101	229,155	14,215,584	SH		OTR	1	14,215,584	0	0
SUNSTONE HOTEL INVS INC	COM	867892101	7,740	480,132	SH		OTR	1	480,132	0	0
SUNSTONE HOTEL INVS INC	COM	867892101	320	19,838	SH		SOLE	1	19,838	0	0
SUNTRUST BKS	COM	867914103	794	13,998	SH		SOLE	1	13,998	0	0
SVB FINL	COM	78486Q101	264	1,500	SH		SOLE	1	1,500	0	0
SWIFT TRANSN	CL A	87074U101	466	17,580	SH		OTR	1	17,580	0	0
SYMANTEC	COM	871503108	1,264	44,750	SH		SOLE	1	44,750	0	0
SYNCHRONY	COM	87165B103	686	23,000	SH		SOLE	1	23,000	0	0
SYNOPSYS	COM	871607107	591	8,100	SH		SOLE	1	8,100	0	0
SYSCO	COM	871829107	750	14,900	SH		SOLE	1	14,900	0	0
T MOBILE US	COM	872590104	867	14,300	SH		SOLE	1	14,300	0	0
TAIWAN SEMICONDUCTOR MFG LTD	ADR	874039100	98	2,800	SH		SOLE	1	2,800	0	0
TAL ED GROUP ADS	COM	874080104	61	500	SH		SOLE	1	500	0	0
TANGER FACTORY OUTLET CTRS	COM	875465106	595	22,900	SH		SOLE	1	22,900	0	0
TARGA RES	COM	87612G101	237	5,250	SH		SOLE	1	5,250	0	0
TARGET	COM	87612E106	2,178	41,650	SH		SOLE	1	41,650	0	0
TARO PHARMACEUTICAL INDS	SHS	M8737E108	34	300	SH		OTR	1	300	0	0
TAUBMAN CTRS	COM	876664103	333	5,600	SH		SOLE	1	5,600	0	0
TD AMERITRADE HLDG	COM	87236Y108	331	7,708	SH		SOLE	1	7,708	0	0
TE CONNECTIVITY LTD	SHS	H84989104	1,336	16,975	SH		OTR	1	16,975	0	0
TE CONNECTIVITY LTD	SHS	H84989104	205	2,600	SH		OTR	1	2,600	0	0
TE CONNECTIVITY LTD	SHS	H84989104	4,317	54,870	SH		OTR	1	54,870	0	0
TECHNIPFMC	COM	G87110105	351	12,900	SH		OTR	1	12,900	0	0
TELEFLEX	COM	879369106	93	450	SH		OTR	1	450	0	0
TELEFLEX	COM	879369106	478	2,300	SH		SOLE	1	2,300	0	0
TELEFONICA BRASIL SA	ADR	87936R106	2,135	158,260	SH		SOLE	1	158,260	0	0
TENET HEALTHCARE	COM NEW	88033G407	1,325	68,500	SH		OTR	1	68,500	0	0
TEREX CORP	COM	880779103	7,800	208,000	SH		SOLE	1	208,000	0	0
TERRENO RLTY	COM	88146M101	145	4,300	SH		SOLE	1	4,300	0	0
TESARO	COM	881569107	2,521	18,025	SH		OTR	1	18,025	0	0
TESARO	COM	881569107	154	1,100	SH		SOLE	1	1,100	0	0
TESLA	COM	88160R101	9,097	25,157	SH		DFND	4	25,157	0	0
TESLA	COM	88160R101	1,320	3,650	SH		SOLE	1	3,650	0	0
TESLA	PUT	88160R951	23	200	SH		DFND	3,5,2	200	0	0
TESLA	PUT	88160R951	7	300	SH		DFND	3,5,2	300	0	0
TESORO	COM	881609101	393	4,200	SH		SOLE	1	4,200	0	0
TEVA PHARMACEUTICAL INDS	PUT	881624959	1,909	652	SH		DFND	3,5,2	652	0	0
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	2,165	65,200	SH		DFND	3,5,2	65,200	0	0
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	880	26,500	SH		SOLE	1	26,500	0	0
TEXAS INSTRS	COM	882508104	3,893	50,600	SH		SOLE	1	50,600	0	0
TEXTRON	COM	883203101	374	7,950	SH		SOLE	1	7,950	0	0
THERAVANCE INC	NOTE 2.125% 1/1	88338TAB0	1,830	2,000,000	PRN		DFND	3,5,2	2,000,000	0	0
THERMO FISHER SCIENTIFIC	COM	883556102	1,963	11,250	SH		SOLE	1	11,250	0	0
TIER REIT	COM NEW	88650V208	78	4,200	SH		SOLE	1	4,200	0	0
TIFFANY & CO	COM	886547108	568	6,050	SH		SOLE	1	6,050	0	0
TIM PARTICIPACOES S A	ADR	88706P205	30	2,000	SH		SOLE	1	2,000	0	0
TIM PARTICIPACOES S A	ADR	88706P205	1,563	105,600	SH		SOLE	1	105,600	0	0
TIME WARNER	COM NEW	887317303	1,024	10,200	SH		OTR	1	10,200	0	0
TIME WARNER	COM NEW	887317303	3,750	37,349	SH		SOLE	1	37,349	0	0
TJX COS INC	COM	872540109	2,050	28,400	SH		SOLE	1	28,400	0	0
TOLL BROTHERS	COM	889478103	198	5,000	SH		SOLE	1	5,000	0	0
TOPBUILD	COM	89055F103	111	2,100	SH		SOLE	1	2,100	0	0
TORCHMARK	COM	891027104	6,153	80,431	SH		OTR	1	80,431	0	0
TORCHMARK	COM	891027104	254	3,325	SH		SOLE	1	3,325	0	0
TORO	COM	891092108	443	6,400	SH		SOLE	1	6,400	0	0
TOTAL SYS SVCS	COM	891906109	285	4,901	SH		SOLE	1	4,901	0	0
TRACTOR SUPPLY	COM	892356106	195	3,600	SH		SOLE	1	3,600	0	0
TRANSDIGM GROUP	COM	893641100	417	1,550	SH		SOLE	1	1,550	0	0
TRAVELERS COMPANIES	COM	89417E109	5,132	40,563	SH		SOLE	1	40,563	0	0
TRIMBLE	COM	896239100	464	13,000	SH		SOLE	1	13,000	0	0
TRINSEO S	SHS	L9340P101	103	1,500	SH		OTR	1	1,500	0	0
TRIPADVISOR	COM	896945201	477	12,500	SH		DFND	4	12,500	0	0
TRIPADVISOR	COM	896945201	132	3,450	SH		SOLE	1	3,450	0	0
TRONOX LTD	CL A	Q9235V101	106	7,000	SH		OTR	1	7,000	0	0
TUTOR PERINI	COM	901109108	7,679	267,100	SH		SOLE	1	267,100	0	0
TWENTY FIRST CENTY FOX	CL A	90130A101	1,872	66,070	SH		SOLE	1	66,070	0	0
TWITTER	COM	90184L102	8,061	451,107	SH		DFND	4	451,107	0	0
TWITTER	COM	90184L102	300	16,800	SH		SOLE	1	16,800	0	0
TYSON FOODS	CL A	902494103	138	2,200	SH		OTR	1	2,200	0	0
TYSON FOODS	CL A	902494103	504	8,050	SH		SOLE	1	8,050	0	0
U S CONCRETE	COM NEW	90333L201	1,775	22,600	SH		SOLE	1	22,600	0	0
U S G	COM NEW	903293405	1,796	61,900	SH		OTR	1	61,900	0	0
UDR	COM	902653104	621,946	15,959,608	SH		OTR	1	15,959,608	0	0
UDR	COM	902653104	1,976	50,700	SH		SOLE	1	50,700	0	0
UGI CORP	COM	902681105	237	4,900	SH		SOLE	1	4,900	0	0
ULTA BEAUTY	COM	90384S303	845	2,940	SH		SOLE	1	2,940	0	0
ULTIMATE SOFTWARE GROUP	COM	90385D107	1,388	6,608	SH		OTR	1	6,608	0	0
ULTRAPAR PARTICIPACOES S A SP ADR	COM	90400P101	3,533	150,150	SH		SOLE	1	150,150	0	0
UMH PPTYS	COM	903002103	43	2,500	SH		SOLE	1	2,500	0	0
UMH PPTYS INC	CV RED PFD-A	903002202	533	20,512	SH		OTR	1	0	0	0
UNDER ARMOUR	CL A	904311107	1,101	50,632	SH		DFND	4	50,632	0	0
UNDER ARMOUR	CL A	904311107	113	5,200	SH		SOLE	1	5,200	0	0
UNION PAC	COM	907818108	1,003	9,210	SH		OTR	1	9,210	0	0
UNION PAC	COM	907818108	23,672	217,350	SH		SOLE	1	217,350	0	0
UNITED CONTL HLDGS	COM	910047109	937	12,450	SH		SOLE	1	12,450	0	0
UNITED RENTALS	COM	911363109	24,086	213,700	SH		SOLE	1	213,700	0	0
UNITED TECHNOLOGIES	COM	913017109	7,783	63,740	SH		SOLE	1	63,740	0	0
UNITED THERAPEUTICS CORP	COM	91307C102	175	1,350	SH		SOLE	1	1,350	0	0
UNITEDHEALTH GROUP	COM	91324P102	9,561	51,565	SH		OTR	1	51,565	0	0
UNITEDHEALTH GROUP	COM	91324P102	10,637	57,366	SH		SOLE	1	57,366	0	0
UNIVERSAL DISPLAY	COM	91347P105	197	1,800	SH		SOLE	1	1,800	0	0
UNUM	COM	91529Y106	308	6,600	SH		SOLE	1	6,600	0	0
URBAN EDGE	COM	91704F104	205	8,643	SH		SOLE	1	8,643	0	0
URSTADT BIDDLE PPTYS	CL A	917286205	53	2,700	SH		SOLE	1	2,700	0	0
URSTADT BIDDLE PPTYS INC	PFD-G CV 6.75%	917286809	4,695	177,978	SH		OTR	1	0	0	0
US BANCORP	COM NEW	902973304	2,510	48,350	SH		SOLE	1	48,350	0	0
V F	COM	918204108	4,034	70,033	SH		OTR	1	70,033	0	0
V F	COM	918204108	567	9,850	SH		SOLE	1	9,850	0	0
VAIL RESORTS	COM	91879Q109	241	1,190	SH		SOLE	1	1,190	0	0
VALE S	ADR	91912E105	141	16,100	SH		SOLE	1	16,100	0	0
VALE S	ADR	91912E105	2,495	285,100	SH		SOLE	1	285,100	0	0
VALERO ENERGY CORP	COM	91913Y100	1,046	15,500	SH		OTR	1	15,500	0	0
VALERO ENERGY CORP	COM	91913Y100	1,559	23,112	SH		SOLE	1	23,112	0	0
VALMONT INDS	COM	920253101	7,076	47,300	SH		SOLE	1	47,300	0	0
VANGUARD INDEX FDS S&P 500	SHS	922908363	1,998	9,000	SH		DFND	4	9,000	0	0
VANTIV	CL A	92210H105	276	4,350	SH		SOLE	1	4,350	0	0
VARIAN MED SYS	COM	92220P105	289	2,800	SH		SOLE	1	2,800	0	0
VCA	COM	918194101	217	2,350	SH		SOLE	1	2,350	0	0
VEEVA SYS INC CL	COM	922475108	193	3,150	SH		SOLE	1	3,150	0	0
VENTAS	COM	92276F100	335,740	4,832,189	SH		OTR	1	4,832,189	0	0
VENTAS	COM	92276F100	3,997	57,524	SH		SOLE	1	57,524	0	0
VEREIT	COM	92339V100	1,411	173,324	SH		SOLE	1	173,324	0	0
VERISIGN	COM	92343E102	246	2,650	SH		SOLE	1	2,650	0	0
VERISK ANALYTICS	COM	92345Y106	384	4,550	SH		SOLE	1	4,550	0	0
VERIZON COMMUNICATIONS	COM	92343V104	156	3,500	SH		OTR	1	3,500	0	0
VERIZON COMMUNICATIONS	COM	92343V104	5,680	127,188	SH		SOLE	1	127,188	0	0
VERTEX PHARMACEUTICALS	COM	92532F100	924	7,170	SH		SOLE	1	7,170	0	0
VIPSHOP HLDGS LTD	ADR	92763W103	54	5,100	SH		SOLE	1	5,100	0	0
VISA INC	CL A	92826C839	8,464	90,251	SH		OTR	1	90,251	0	0
VISA INC	CL A	92826C839	9,161	97,690	SH		SOLE	1	97,690	0	0
VMWARE INC CL	COM	928563402	302	3,450	SH		SOLE	1	3,450	0	0
VOYA FINL	COM	929089100	207	5,600	SH		SOLE	1	5,600	0	0
VULCAN MATLS	COM	929160109	18,470	145,800	SH		SOLE	1	145,800	0	0
W P CAREY	COM	92936U109	1,287	19,500	SH		SOLE	1	19,500	0	0
WABCO HLDGS	COM	92927K102	200	1,570	SH		SOLE	1	1,570	0	0
WABTEC	COM	929740108	220	2,400	SH		SOLE	1	2,400	0	0
WAL-MART STORES	COM	931142103	878	11,600	SH		OTR	1	11,600	0	0
WAL-MART STORES	COM	931142103	5,562	73,490	SH		SOLE	1	73,490	0	0
WALGREENS BOOTS ALLIANCE	COM	931427108	2,060	26,300	SH		SOLE	1	26,300	0	0
WASHINGTON PRIME GROUP	COM	93964W108	141	16,853	SH		SOLE	1	16,853	0	0
WASTE CONNECTIONS	COM	94106B101	8,363	129,818	SH		OTR	1	129,818	0	0
WASTE CONNECTIONS	COM	94106B101	851	13,207	SH		SOLE	1	13,207	0	0
WASTE MGMT INC	COM	94106L109	1,797	24,500	SH		SOLE	1	24,500	0	0
WATERS	COM	941848103	708	3,850	SH		SOLE	1	3,850	0	0
WEATHERFORD INTL PLC	SHS	G48833100	110	28,500	SH		OTR	1	28,500	0	0
WEC ENERGY GROUP	COM	92939U106	68	1,100	SH		OTR	1	1,100	0	0
WEC ENERGY GROUP	COM	92939U106	597	9,730	SH		SOLE	1	9,730	0	0
WEIBO CORP	ADR	948596101	31	470	SH		SOLE	1	470	0	0
WELLS FARGO CO	COM	949746101	23,045	415,901	SH		OTR	1	415,901	0	0
WELLS FARGO CO	COM	949746101	7,528	135,859	SH		SOLE	1	135,859	0	0
WELLTOWER	COM	95040Q104	4,394	58,700	SH		SOLE	1	58,700	0	0
WESTAR ENERGY	COM	95709T100	217	4,100	SH		SOLE	1	4,100	0	0
WESTERN DIGITAL	COM	958102105	1,492	16,845	SH		SOLE	1	16,845	0	0
WESTERN UN	COM	959802109	256	13,446	SH		SOLE	1	13,446	0	0
WESTROCK	COM	96145D105	7,212	127,281	SH		OTR	1	127,281	0	0
WESTROCK	COM	96145D105	405	7,142	SH		SOLE	1	7,142	0	0
WEYERHAEUSER	COM	962166104	701	20,918	SH		SOLE	1	20,918	0	0
WHEELER REAL ESTATE INVT	COM NEW	963025705	3	312	SH		SOLE	1	312	0	0
WHIRLPOOL	COM	963320106	786	4,100	SH		OTR	1	4,100	0	0
WHIRLPOOL	COM	963320106	422	2,200	SH		SOLE	1	2,200	0	0
WHITESTONE	COM	966084204	39	3,200	SH		SOLE	1	3,200	0	0
WHOLE FOODS MKT	COM	966837106	661	15,700	SH		SOLE	1	15,700	0	0
WILLIAMS COS INC	COM	969457100	712	23,500	SH		SOLE	1	23,500	0	0
WILLIS TOWERS WATSON PUB	SHS	G96629103	559	3,846	SH		OTR	1	3,846	0	0
WORKDAY	CL A	98138H101	3,021	31,140	SH		OTR	1	31,140	0	0
WORKDAY	CL A	98138H101	340	3,500	SH		SOLE	1	3,500	0	0
WORKDAY INC	NOTE 0.750% 7/1	98138HAC5	15,609	12,643,000	PRN		DFND	3,5,2	12,643,000	0	0
WPX ENERGY	COM	98212B103	1,743	180,384	SH		OTR	1	180,384	0	0
WYNDHAM WORLDWIDE	COM	98310W108	1,105	11,000	SH		SOLE	1	11,000	0	0
WYNN RESORTS	COM	983134107	402	3,000	SH		SOLE	1	3,000	0	0
XCEL ENERGY	COM	98389B100	1,021	22,250	SH		SOLE	1	22,250	0	0
XENIA HOTELS & RESORTS	COM	984017103	188	9,700	SH		SOLE	1	9,700	0	0
XEROX	COM NEW	984121608	165	5,750	SH		SOLE	1	5,750	0	0
XILINX	COM	983919101	801	12,450	SH		SOLE	1	12,450	0	0
XL GROUP	COM	G98294104	1,229	28,050	SH		OTR	1	28,050	0	0
XYLEM	COM	98419M100	5,737	103,500	SH		SOLE	1	103,500	0	0
YELP	CL A	985817105	6,978	232,477	SH		DFND	4	232,477	0	0
YUM BRANDS	COM	988498101	1,999	27,100	SH		SOLE	1	27,100	0	0
YUM CHINA HLDGS	COM	98850P109	311	7,900	SH		SOLE	1	7,900	0	0
ZAYO GROUP HLDGS	COM	98919V105	142	4,600	SH		SOLE	1	4,600	0	0
ZILLOW GROUP	CL A	98954M101	1,831	37,500	SH		DFND	4	37,500	0	0
ZIMMER BIOMET HLDGS	COM	98956P102	193	1,500	SH		OTR	1	1,500	0	0
ZIMMER BIOMET HLDGS	COM	98956P102	751	5,850	SH		SOLE	1	5,850	0	0
ZIONS	COM	989701107	263	6,000	SH		SOLE	1	6,000	0	0
ZOETIS	CL A	98978V103	926	14,850	SH		SOLE	1	14,850	0	0