Independent Order of Foresters 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
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
3M CO	Common Stock	88579Y101	169	1,025	SH		OTR		0	1,025	0
AETNA INC	Common Stock	00817Y108	661	6,200	SH		OTR		0	6,200	0
AFLAC INC	Common Stock	001055102	792	12,375	SH		OTR		0	12,375	0
ALEXANDRIA REAL ESTATE EQUIT	REITS	015271109	1,034	10,550	SH		SOLE		10,550	0	0
ALLEGHANY CORP	Common Stock	017175100	146	300	SH		OTR		0	300	0
AMERICAN CAMPUS COMMUNITIES	REITS	024835100	547	12,751	SH		SOLE		12,751	0	0
AMERICAN CAPITAL AGENCY CORP	REITS	02503X105	2,789	130,732	SH		SOLE		130,732	0	0
AMERICAN EXPRESS COMPANY	Common Stock	025816109	289	3,700	SH		OTR		0	3,700	0
AMERICAN TOWER CORP	REITS	03027X100	490	5,200	SH		SOLE		5,200	0	0
APACHE CORP	Common Stock	037411105	143	2,375	SH		OTR		0	2,375	0
APARTMENTS INVESTMENT	REITS	03748R101	190	4,836	SH		SOLE		4,836	0	0
ASHFORD HOSPITALITY PRIME INC	REITS	044102101	140	8,337	SH		SOLE		8,337	0	0
ASSOCIATED ESTATES REALTY CP	REITS	045604105	1,029	41,691	SH		SOLE		41,691	0	0
AT & T INC	Common Stock	00206R102	523	16,000	SH		OTR		0	16,000	0
AVALONBAY COMMUNITIES INC	REITS	053484101	2,375	13,628	SH		SOLE		13,628	0	0
BERKSHIRE HATHAWAY INC.	Common Stock	084670702	666	4,600	SH		OTR		0	4,600	0
BIOMED REALTY TRUST INC	REITS	09063H107	305	13,476	SH		SOLE		13,476	0	0
BOSTON PROPERTIES INC	REITS	101121101	3,819	27,173	SH		SOLE		27,173	0	0
CAMDEN PROPERTY TRUST	REITS	133131102	1,684	21,555	SH		SOLE		21,555	0	0
CBL & ASSOCIATES PROPERTIES	REITS	124830100	3,074	155,162	SH		SOLE		155,162	0	0
CHAMBERS STREET PROPERTIES	REITS	157842105	350	44,500	SH		SOLE		44,500	0	0
CHEVRON CORPORATION	Common Stock	166764100	583	5,550	SH		OTR		0	5,550	0
CITIGROUP INC	Common Stock	172967424	638	12,375	SH		OTR		0	12,375	0
CORENERGY INFRASTRUCTURE TRUST	REITS	21870U205	513	73,979	SH		SOLE		73,979	0	0
CORESITE REALTY CORP	REITS	21870Q105	468	9,621	SH		SOLE		9,621	0	0
CORPORATE OFFICE PROPERTIES	REITS	22002T108	1,685	57,355	SH		SOLE		57,355	0	0
CORRECTIONS CORP OF AMERICA	REITS	22025Y407	2,045	50,758	SH		SOLE		50,758	0	0
CUBESMART	REITS	229663109	601	24,900	SH		SOLE		24,900	0	0
DCT INDUSTRIAL TRUST INC	REITS	233153204	139	4,000	SH		SOLE		4,000	0	0
DDR CORP	REITS	23317H102	819	43,964	SH		SOLE		43,964	0	0
DIAMONDROCK HOSPITALITY CO	REITS	252784301	4	282	SH		SOLE		282	0	0
DIGITAL REALTY TRUST INC	REITS	253868103	171	2,600	SH		SOLE		2,600	0	0
DOUGLAS EMMETT INC	REITS	25960P109	1,557	52,200	SH		SOLE		52,200	0	0
DUKE REALTY CORP	REITS	264411505	974	44,765	SH		SOLE		44,765	0	0
DUPONT FABROS TECHNOLOGY INC	REITS	26613Q106	4	112	SH		SOLE		112	0	0
EASTGROUP PROPERTIES INC	REITS	277276101	668	11,100	SH		SOLE		11,100	0	0
EMERSON ELECTRIC CO	Common Stock	291011104	228	4,025	SH		OTR		0	4,025	0
EQUITY COMMONWEALTH	REITS	294628102	1,311	49,406	SH		SOLE		49,406	0	0
EQUITY LIFESTYLE PROPERTIES	REITS	29472R108	1,134	20,656	SH		SOLE		20,656	0	0
EQUITY ONE INC	REITS	294752100	741	27,770	SH		SOLE		27,770	0	0
EQUITY RESIDENTIAL PROPS TR	REITS	29476L107	4,188	53,776	SH		SOLE		53,776	0	0
ESSEX PROPERTY TRUST INC	REITS	297178105	255	1,110	SH		SOLE		1,110	0	0
FEDERAL REALTY INVS TRUST	REITS	313747206	958	6,507	SH		SOLE		6,507	0	0
FIRST INDUSTRIAL REALTY TR	REITS	32054K103	690	32,200	SH		SOLE		32,200	0	0
FIRST POTOMAC REALTY TRUST	REITS	33610F109	106	8,900	SH		SOLE		8,900	0	0
FRANLKLIN STREET PROPERTIES C	REITS	35471R106	170	13,314	SH		SOLE		13,314	0	0
GENERAL GROWTH PROPERTIES	REITS	370023103	1,542	52,162	SH		SOLE		52,162	0	0
HCP INC	REITS	40414L109	4,786	110,750	SH		SOLE		110,750	0	0
HEALTH CARE REIT INC	REITS	42217K106	1,299	16,783	SH		SOLE		16,783	0	0
HEALTHCARE TRUST OF AMERICA IN	REITS	42225P501	561	20,150	SH		SOLE		20,150	0	0
HOME PROPERTIES INC	REITS	437306103	1,527	22,060	SH		SOLE		22,060	0	0
HOSPITALITY PROPERTIES TRUST	REITS	44106M102	712	21,568	SH		SOLE		21,568	0	0
HOST HOTELS & RESORTS INC	REITS	44107P104	2,281	113,048	SH		SOLE		113,048	0	0
INTEL CORP	Common Stock	458140100	417	13,325	SH		OTR		0	13,325	0
IRON MOUNTAIN INC	REITS	46284V101	1,856	50,900	SH		SOLE		50,900	0	0
ISHARES Iboxx Investment Grade Corporate Bond Fund	Exchange Traded Fund	464287242	1,911	15,700	SH		SOLE		15,700	0	0
KILROY REALTY CORP	REITS	49427F108	174	2,280	SH		SOLE		2,280	0	0
KIMCO REALTY CORP	REITS	49446R109	2,145	79,877	SH		SOLE		79,877	0	0
KITE REALTY GROUP TRUST	REITS	49803T300	358	12,725	SH		SOLE		12,725	0	0
LASALLE HOTEL PROPERTIES	REITS	517942108	155	4,000	SH		SOLE		4,000	0	0
LIBERTY PROPERTY TRUST	REITS	531172104	673	18,850	SH		SOLE		18,850	0	0
LTC PROPERTIES INC	REITS	502175102	131	2,856	SH		SOLE		2,856	0	0
MACK-CALI REALTY CORPORATION	REITS	554489104	94	4,879	SH		SOLE		4,879	0	0
MICROSOFT CORP	Common Stock	594918104	542	13,325	SH		OTR		0	13,325	0
MID-AMERICA APARTMENT COMM INC	REITS	59522J103	213	2,755	SH		SOLE		2,755	0	0
NATIONAL OILWELL VARCO INC	Common Stock	637071101	347	6,950	SH		OTR		0	6,950	0
NEW YORK REIT INC	REITS	64976L109	341	32,600	SH		SOLE		32,600	0	0
NOW INC/DE	Common Stock	67011P100	124	5,736	SH		OTR		0	5,736	0
ONE LIBERTY PROPERTIES INC	REITS	682406103	1,473	60,329	SH		SOLE		60,329	0	0
PARAMOUNT GROUP INC	REITS	69924R108	752	39,000	SH		SOLE		39,000	0	0
PENN REAL ESTATE INVEST TRUST	REITS	709102107	173	7,471	SH		SOLE		7,471	0	0
PIEDMONT OFFICE REALTY TRUST	REITS	720190206	26	1,407	SH		SOLE		1,407	0	0
POST PROPERTIES INC	REITS	737464107	416	7,302	SH		SOLE		7,302	0	0
PROCTER GAMBLE CO	Common Stock	742718109	563	6,875	SH		OTR		0	6,875	0
PROLOGIS INC	REITS	74340W103	1,957	44,923	SH		SOLE		44,923	0	0
PUBLIC STORAGE INC	REITS	74460D109	6,308	31,990	SH		SOLE		31,990	0	0
RAMCO GERHENSON PROPERTIES	REITS	751452202	219	11,750	SH		SOLE		11,750	0	0
REALTY INCOME CORPORATION	REITS	756109104	351	6,800	SH		SOLE		6,800	0	0
REGENCY CENTERS CORP	REITS	758849103	502	7,371	SH		SOLE		7,371	0	0
RETAIL PROPERTIES OF AMERICA	REITS	76131V202	454	28,314	SH		SOLE		28,314	0	0
SELECT INCOME REIT	REITS	81618T100	2,675	107,131	SH		SOLE		107,131	0	0
SIMON PROPERTY GROUP INC	REITS	828806109	8,398	42,937	SH		SOLE		42,937	0	0
SL GREEN	REITS	78440X101	503	3,921	SH		SOLE		3,921	0	0
SOVRAN SELF STORAGE INC	REITS	84610H108	515	5,486	SH		SOLE		5,486	0	0
SPIRIT REALTY CAPITAL	REITS	84860W102	447	37,015	SH		SOLE		37,015	0	0
STAPLES INC	Common Stock	855030102	138	8,500	SH		OTR		0	8,500	0
STRYKER CORP	Common Stock	863667101	498	5,400	SH		OTR		0	5,400	0
TANGER FACTORY OUTLET CENTERS	REITS	875465106	1,236	35,161	SH		SOLE		35,161	0	0
TAUBMAN CENTERS INC	REITS	876664103	2,603	33,748	SH		SOLE		33,748	0	0
TELEPHONE AND DATA SYSTEMS	Common Stock	879433829	259	10,400	SH		OTR		0	10,400	0
THE MACERICH CO	REITS	554382101	753	8,934	SH		SOLE		8,934	0	0
TOTAL SYSTEM SERVICES INC	Common Stock	891906109	271	7,100	SH		OTR		0	7,100	0
UDR INC	REITS	902653104	286	8,402	SH		SOLE		8,402	0	0
URBAN EDGE PROPERTIES	REITS	91704F104	184	7,747	SH		SOLE		7,747	0	0
VALMONT INDUSTRIES	Common Stock	920253101	264	2,150	SH		OTR		0	2,150	0
VARIAN MEDICAL SYSTEMS	Common Stock	92220P105	527	5,600	SH		OTR		0	5,600	0
VENTAS INC	REITS	92276F100	5,690	77,915	SH		SOLE		77,915	0	0
VORNADO REALTY TRUST	REITS	929042109	2,963	26,495	SH		SOLE		26,495	0	0
WAL-MART STORES INC	Common Stock	931142103	551	6,700	SH		OTR		0	6,700	0
WASHINGTON REAL ESTATE INV	REITS	939653101	1	32	SH		SOLE		32	0	0
WEINGARTEN REALTY INVST	REITS	948741103	108	2,998	SH		SOLE		2,998	0	0
WELLS FARGO & COMPANY	Common Stock	949746101	659	12,100	SH		OTR		0	12,100	0
WP GLIMCHER INC	REITS	92939N102	310	18,673	SH		SOLE		18,673	0	0