Pensionfund Sabic 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	3,143	17,600	SH		SOLE	0	0	0	17,600
AFLAC INC	COMMON STOCK	001055102	1,900	27,300	SH		SOLE	0	0	0	27,300
ALEXANDRIA REAL ESTATE EQUIT	COMMON STOCK	015271109	1,228	11,050	SH		SOLE	0	0	0	11,050
ALLSTATE CORP	COMMON STOCK	020002101	2,001	27,000	SH		SOLE	0	0	0	27,000
ALPHABET INC-CL A	COMMON STOCK	02079K305	4,739	5,980	SH		SOLE	0	0	0	5,980
ALPHABET INC-CL C	COMMON STOCK	02079K107	3,936	5,100	SH		SOLE	0	0	0	5,100
ALTRIA GROUP INC	COMMON STOCK	02209S103	3,584	53,000	SH		SOLE	0	0	0	53,000
AMERICAN CAMPUS COMMUNITIES	COMMON STOCK	024835100	473	9,500	SH		SOLE	0	0	0	9,500
AMERICAN ELECTRIC POWER	COMMON STOCK	025537101	1,826	29,000	SH		SOLE	0	0	0	29,000
AMERICAN HOMES 4 RENT- A	COMMON STOCK	02665T306	252	12,000	SH		SOLE	0	0	0	12,000
AMPHENOL CORP-CL A	COMMON STOCK	032095101	1,962	29,200	SH		SOLE	0	0	0	29,200
APARTMENT INVT and MGMT CO -A	COMMON STOCK	03748R101	659	14,500	SH		SOLE	0	0	0	14,500
APPLE INC	COMMON STOCK	037833100	8,744	75,500	SH		SOLE	0	0	0	75,500
APPLIED MATERIALS INC	COMMON STOCK	038222105	2,646	82,000	SH		SOLE	0	0	0	82,000
ARMADA HOFFLER PROPERTIES IN	COMMON STOCK	04208T108	307	21,101	SH		SOLE	0	0	0	21,101
ARTHUR J GALLAGHER and CO	COMMON STOCK	363576109	1,663	32,000	SH		SOLE	0	0	0	32,000
ATandT INC	COMMON STOCK	00206R102	5,303	124,700	SH		SOLE	0	0	0	124,700
AUTOMATIC DATA PROCESSING	COMMON STOCK	053015103	2,271	22,100	SH		SOLE	0	0	0	22,100
AUTOZONE INC	COMMON STOCK	053332102	1,580	2,000	SH		SOLE	0	0	0	2,000
AVALONBAY COMMUNITIES INC	COMMON STOCK	053484101	1,559	8,802	SH		SOLE	0	0	0	8,802
AVERY DENNISON CORP	COMMON STOCK	053611109	1,404	20,000	SH		SOLE	0	0	0	20,000
BED BATH and BEYOND INC	COMMON STOCK	075896100	1,219	30,000	SH		SOLE	0	0	0	30,000
BIOGEN INC	COMMON STOCK	09062X103	2,184	7,700	SH		SOLE	0	0	0	7,700
BLACKROCK INC	COMMON STOCK	09247X101	2,283	6,000	SH		SOLE	0	0	0	6,000
BOSTON PROPERTIES INC	COMMON STOCK	101121101	731	5,814	SH		SOLE	0	0	0	5,814
BRANDYWINE REALTY TRUST	COMMON STOCK	105368203	982	59,500	SH		SOLE	0	0	0	59,500
BRISTOL-MYERS SQUIBB CO	COMMON STOCK	110122108	2,630	45,000	SH		SOLE	0	0	0	45,000
BRIXMOR PROPERTY GROUP INC	COMMON STOCK	11120U105	945	38,711	SH		SOLE	0	0	0	38,711
BROWN-FORMAN CORP-CLASS B	COMMON STOCK	115637209	1,842	41,000	SH		SOLE	0	0	0	41,000
C.H. ROBINSON WORLDWIDE INC	COMMON STOCK	12541W209	1,465	20,000	SH		SOLE	0	0	0	20,000
CA INC	COMMON STOCK	12673P105	1,528	48,100	SH		SOLE	0	0	0	48,100
CAMDEN PROPERTY TRUST	COMMON STOCK	133131102	944	11,231	SH		SOLE	0	0	0	11,231
CARE CAPITAL PROPERTIES INC	COMMON STOCK	141624106	957	38,290	SH		SOLE	0	0	0	38,290
CBL and ASSOCIATES PROPERTIES	COMMON STOCK	124830100	368	32,000	SH		SOLE	0	0	0	32,000
CBS CORP-CLASS B NON VOTING	COMMON STOCK	124857202	2,354	37,000	SH		SOLE	0	0	0	37,000
CERNER CORP	COMMON STOCK	156782104	1,232	26,000	SH		SOLE	0	0	0	26,000
CHESAPEAKE LODGING TRUST	COMMON STOCK	165240102	375	14,500	SH		SOLE	0	0	0	14,500
CIGNA CORP	COMMON STOCK	125509109	1,734	13,000	SH		SOLE	0	0	0	13,000
CINTAS CORP	COMMON STOCK	172908105	1,849	16,000	SH		SOLE	0	0	0	16,000
CITRIX SYSTEMS INC	COMMON STOCK	177376100	1,608	18,000	SH		SOLE	0	0	0	18,000
CLOROX COMPANY	COMMON STOCK	189054109	1,752	14,600	SH		SOLE	0	0	0	14,600
COACH INC	COMMON STOCK	189754104	1,446	41,300	SH		SOLE	0	0	0	41,300
COGNIZANT TECH SOLUTIONS-A	COMMON STOCK	192446102	1,608	28,700	SH		SOLE	0	0	0	28,700
COLGATE-PALMOLIVE CO	COMMON STOCK	194162103	2,356	36,000	SH		SOLE	0	0	0	36,000
COLONY STARWOOD HOMES	COMMON STOCK	19625X102	576	20,000	SH		SOLE	0	0	0	20,000
COLUMBIA PROPERTY TRUST INC	COMMON STOCK	198287203	713	33,000	SH		SOLE	0	0	0	33,000
CORPORATE OFFICE PROPERTIES	COMMON STOCK	22002T108	578	18,500	SH		SOLE	0	0	0	18,500
COSTCO WHOLESALE CORP	COMMON STOCK	22160K105	2,594	16,200	SH		SOLE	0	0	0	16,200
COUSINS PROPERTIES INC	COMMON STOCK	222795106	715	84,000	SH		SOLE	0	0	0	84,000
CR BARD INC	COMMON STOCK	067383109	1,730	7,700	SH		SOLE	0	0	0	7,700
CUMMINS INC	COMMON STOCK	231021106	2,050	15,000	SH		SOLE	0	0	0	15,000
CVS HEALTH CORP	COMMON STOCK	126650100	2,525	32,000	SH		SOLE	0	0	0	32,000
CYRUSONE INC	COMMON STOCK	23283R100	233	5,200	SH		SOLE	0	0	0	5,200
DARDEN RESTAURANTS INC	COMMON STOCK	237194105	1,673	23,000	SH		SOLE	0	0	0	23,000
DCT INDUSTRIAL TRUST INC	COMMON STOCK	233153204	290	6,062	SH		SOLE	0	0	0	6,062
DDR CORP	COMMON STOCK	23317H102	825	54,000	SH		SOLE	0	0	0	54,000
DIAMONDROCK HOSPITALITY CO	COMMON STOCK	252784301	657	57,000	SH		SOLE	0	0	0	57,000
DICK'S SPORTING GOODS INC	COMMON STOCK	253393102	1,742	32,800	SH		SOLE	0	0	0	32,800
DIGITAL REALTY TRUST INC	COMMON STOCK	253868103	1,174	11,950	SH		SOLE	0	0	0	11,950
DOLLAR GENERAL CORP	COMMON STOCK	256677105	1,541	20,800	SH		SOLE	0	0	0	20,800
DR PEPPER SNAPPLE GROUP INC	COMMON STOCK	26138E109	1,813	20,000	SH		SOLE	0	0	0	20,000
DTE ENERGY COMPANY	COMMON STOCK	233331107	1,773	18,000	SH		SOLE	0	0	0	18,000
DUKE ENERGY CORP	COMMON STOCK	26441C204	2,096	27,000	SH		SOLE	0	0	0	27,000
DUKE REALTY CORP	COMMON STOCK	264411505	603	22,707	SH		SOLE	0	0	0	22,707
DUPONT FABROS TECHNOLOGY	COMMON STOCK	26613Q106	417	9,500	SH		SOLE	0	0	0	9,500
EASTGROUP PROPERTIES INC	COMMON STOCK	277276101	770	10,422	SH		SOLE	0	0	0	10,422
EATON VANCE CORP	COMMON STOCK	278265103	1,675	40,000	SH		SOLE	0	0	0	40,000
EDISON INTERNATIONAL	COMMON STOCK	281020107	1,800	25,000	SH		SOLE	0	0	0	25,000
EMPIRE STATE REALTY TRUST-A	COMMON STOCK	292104106	485	24,000	SH		SOLE	0	0	0	24,000
EPR PROPERTIES	COMMON STOCK	26884U109	667	9,300	SH		SOLE	0	0	0	9,300
EQUIFAX INC	COMMON STOCK	294429105	1,537	13,000	SH		SOLE	0	0	0	13,000
EQUITY RESIDENTIAL	COMMON STOCK	29476L107	1,284	19,953	SH		SOLE	0	0	0	19,953
ESSEX PROPERTY TRUST INC	COMMON STOCK	297178105	698	3,000	SH		SOLE	0	0	0	3,000
ESTEE LAUDER COMPANIES-CL A	COMMON STOCK	518439104	1,813	23,700	SH		SOLE	0	0	0	23,700
EVERSOURCE ENERGY	COMMON STOCK	30040W108	1,767	32,000	SH		SOLE	0	0	0	32,000
EXPEDITORS INTL WASH INC	COMMON STOCK	302130109	1,536	29,000	SH		SOLE	0	0	0	29,000
F5 NETWORKS INC	COMMON STOCK	315616102	1,881	13,000	SH		SOLE	0	0	0	13,000
FASTENAL CO	COMMON STOCK	311900104	1,973	42,000	SH		SOLE	0	0	0	42,000
FLIR SYSTEMS INC	COMMON STOCK	302445101	1,784	49,300	SH		SOLE	0	0	0	49,300
FOOT LOCKER INC	COMMON STOCK	344849104	1,418	20,000	SH		SOLE	0	0	0	20,000
FOREST CITY REALTY TRUST- A	COMMON STOCK	345605109	208	10,000	SH		SOLE	0	0	0	10,000
GAMING AND LEISURE PROPERTIE	COMMON STOCK	36467J108	566	18,500	SH		SOLE	0	0	0	18,500
GENERAL GROWTH PROPERTIES	COMMON STOCK	370023103	649	26,000	SH		SOLE	0	0	0	26,000
GENUINE PARTS CO	COMMON STOCK	372460105	1,615	16,900	SH		SOLE	0	0	0	16,900
GILEAD SCIENCES INC	COMMON STOCK	375558103	2,571	35,900	SH		SOLE	0	0	0	35,900
GRAMERCY PROPERTY TRUST	COMMON STOCK	385002308	872	95,000	SH		SOLE	0	0	0	95,000
HASBRO INC	COMMON STOCK	418056107	1,595	20,500	SH		SOLE	0	0	0	20,500
HCP INC	COMMON STOCK	40414L109	1,397	47,007	SH		SOLE	0	0	0	47,007
HEALTHCARE REALTY TRUST INC	COMMON STOCK	421946104	124	4,082	SH		SOLE	0	0	0	4,082
HENRY SCHEIN INC	COMMON STOCK	806407102	1,426	9,400	SH		SOLE	0	0	0	9,400
HERSHEY CO/THE	COMMON STOCK	427866108	1,810	17,500	SH		SOLE	0	0	0	17,500
HIGHWOODS PROPERTIES INC	COMMON STOCK	431284108	683	13,398	SH		SOLE	0	0	0	13,398
HOME DEPOT INC	COMMON STOCK	437076102	3,915	29,200	SH		SOLE	0	0	0	29,200
HORMEL FOODS CORP	COMMON STOCK	440452100	1,678	48,200	SH		SOLE	0	0	0	48,200
HOSPITALITY PROPERTIES TRUST	COMMON STOCK	44106M102	865	27,266	SH		SOLE	0	0	0	27,266
HOST HOTELS and RESORTS INC	COMMON STOCK	44107P104	1,269	67,343	SH		SOLE	0	0	0	67,343
HUNT (JB) TRANSPRT SVCS INC	COMMON STOCK	445658107	1,815	18,700	SH		SOLE	0	0	0	18,700
ILLINOIS TOOL WORKS	COMMON STOCK	452308109	2,302	18,800	SH		SOLE	0	0	0	18,800
INFRAREIT INC	COMMON STOCK	45685L100	568	31,720	SH		SOLE	0	0	0	31,720
INTEL CORP	COMMON STOCK	458140100	4,015	110,700	SH		SOLE	0	0	0	110,700
INTERPUBLIC GROUP OF COS INC	COMMON STOCK	460690100	1,414	60,400	SH		SOLE	0	0	0	60,400
INTL BUSINESS MACHINES CORP	COMMON STOCK	459200101	3,901	23,500	SH		SOLE	0	0	0	23,500
INTL FLAVORS and FRAGRANCES	COMMON STOCK	459506101	1,414	12,000	SH		SOLE	0	0	0	12,000
INTUIT INC	COMMON STOCK	461202103	1,948	17,000	SH		SOLE	0	0	0	17,000
INTUITIVE SURGICAL INC	COMMON STOCK	46120E602	1,776	2,800	SH		SOLE	0	0	0	2,800
IRON MOUNTAIN INC	COMMON STOCK	46284V101	617	19,000	SH		SOLE	0	0	0	19,000
JM SMUCKER CO/THE	COMMON STOCK	832696405	1,665	13,000	SH		SOLE	0	0	0	13,000
KILROY REALTY CORP	COMMON STOCK	49427F108	293	4,000	SH		SOLE	0	0	0	4,000
KIMCO REALTY CORP	COMMON STOCK	49446R109	511	20,295	SH		SOLE	0	0	0	20,295
KITE REALTY GROUP TRUST	COMMON STOCK	49803T300	667	28,400	SH		SOLE	0	0	0	28,400
LASALLE HOTEL PROPERTIES	COMMON STOCK	517942108	740	24,300	SH		SOLE	0	0	0	24,300
LEAR CORP	COMMON STOCK	521865204	1,853	14,000	SH		SOLE	0	0	0	14,000
LIBERTY PROPERTY TRUST	COMMON STOCK	531172104	1,026	25,984	SH		SOLE	0	0	0	25,984
LINEAR TECHNOLOGY CORP	COMMON STOCK	535678106	2,058	33,000	SH		SOLE	0	0	0	33,000
LOWE'S COS INC	COMMON STOCK	548661107	2,240	31,500	SH		SOLE	0	0	0	31,500
Life Storage Inc	COMMON STOCK	53223X107	554	6,500	SH		SOLE	0	0	0	6,500
MACERICH CO/THE	COMMON STOCK	554382101	586	8,266	SH		SOLE	0	0	0	8,266
MARSH and MCLENNAN COS	COMMON STOCK	571748102	2,122	31,400	SH		SOLE	0	0	0	31,400
MASTERCARD INC-CLASS A	COMMON STOCK	57636Q104	2,994	29,000	SH		SOLE	0	0	0	29,000
MCCORMICK and CO-NON VTG SHRS	COMMON STOCK	579780206	1,727	18,500	SH		SOLE	0	0	0	18,500
MCDONALD'S CORP	COMMON STOCK	580135101	3,140	25,800	SH		SOLE	0	0	0	25,800
MCKESSON CORP	COMMON STOCK	58155Q103	1,798	12,800	SH		SOLE	0	0	0	12,800
MERCK and CO. INC.	COMMON STOCK	58933Y105	3,944	67,000	SH		SOLE	0	0	0	67,000
METTLER-TOLEDO INTERNATIONAL	COMMON STOCK	592688105	1,800	4,300	SH		SOLE	0	0	0	4,300
MICROSOFT CORP	COMMON STOCK	594918104	8,575	138,000	SH		SOLE	0	0	0	138,000
MID-AMERICA APARTMENT COMM	COMMON STOCK	59522J103	1,209	12,350	SH		SOLE	0	0	0	12,350
MONOGRAM RESIDENTIAL TRUST I	COMMON STOCK	60979P105	128	11,875	SH		SOLE	0	0	0	11,875
MSCI INC	COMMON STOCK	55354G100	1,497	19,000	SH		SOLE	0	0	0	19,000
NEW SENIOR INVESTMENT GROUP	COMMON STOCK	648691103	410	41,863	SH		SOLE	0	0	0	41,863
NIKE INC -CL B	COMMON STOCK	654106103	2,008	39,500	SH		SOLE	0	0	0	39,500
NORTHSTAR REALTY FINANCE	COMMON STOCK	66704R803	697	46,000	SH		SOLE	0	0	0	46,000
O'REILLY AUTOMOTIVE INC	COMMON STOCK	67103H107	1,740	6,250	SH		SOLE	0	0	0	6,250
OMNICOM GROUP	COMMON STOCK	681919106	1,745	20,500	SH		SOLE	0	0	0	20,500
ORACLE CORP	COMMON STOCK	68389X105	3,345	87,000	SH		SOLE	0	0	0	87,000
P G and E CORP	COMMON STOCK	69331C108	1,884	31,000	SH		SOLE	0	0	0	31,000
PARKWAY INC	COMMON STOCK	70156Q107	234	10,500	SH		SOLE	0	0	0	10,500
PAYCHEX INC	COMMON STOCK	704326107	1,863	30,600	SH		SOLE	0	0	0	30,600
PFIZER INC	COMMON STOCK	717081103	4,336	133,500	SH		SOLE	0	0	0	133,500
PHILIP MORRIS INTERNATIONAL	COMMON STOCK	718172109	3,660	40,000	SH		SOLE	0	0	0	40,000
PHYSICIANS REALTY TRUST	COMMON STOCK	71943U104	209	11,000	SH		SOLE	0	0	0	11,000
PPG INDUSTRIES INC	COMMON STOCK	693506107	1,601	16,900	SH		SOLE	0	0	0	16,900
PROLOGIS INC	COMMON STOCK	74340W103	1,584	30,000	SH		SOLE	0	0	0	30,000
PUBLIC SERVICE ENTERPRISE GP	COMMON STOCK	744573106	1,843	42,000	SH		SOLE	0	0	0	42,000
PUBLIC STORAGE	COMMON STOCK	74460D109	1,746	7,813	SH		SOLE	0	0	0	7,813
QUALCOMM INC	COMMON STOCK	747525103	3,227	49,500	SH		SOLE	0	0	0	49,500
QUALITY CARE PROPERTIES	COMMON STOCK	747545101	164	10,601	SH		SOLE	0	0	0	10,601
RAMCO-GERSHENSON PROPERTIES	COMMON STOCK	751452202	499	30,100	SH		SOLE	0	0	0	30,100
RESMED INC	COMMON STOCK	761152107	1,440	23,200	SH		SOLE	0	0	0	23,200
RETAIL OPPORTUNITY INVESTMEN	COMMON STOCK	76131N101	148	7,000	SH		SOLE	0	0	0	7,000
RLJ LODGING TRUST	COMMON STOCK	74965L101	705	28,800	SH		SOLE	0	0	0	28,800
RMR GROUP INC/THE - A	COMMON STOCK	74967R106	110	2,782	SH		SOLE	0	0	0	2,782
ROBERT HALF INTL INC	COMMON STOCK	770323103	1,463	30,000	SH		SOLE	0	0	0	30,000
ROCKWELL AUTOMATION INC	COMMON STOCK	773903109	1,882	14,000	SH		SOLE	0	0	0	14,000
ROSS STORES INC	COMMON STOCK	778296103	2,506	38,200	SH		SOLE	0	0	0	38,200
SandP GLOBAL INC	COMMON STOCK	78409V104	1,989	18,500	SH		SOLE	0	0	0	18,500
SABRA HEALTH CARE REIT INC	COMMON STOCK	78573L106	852	34,875	SH		SOLE	0	0	0	34,875
SCANA CORP	COMMON STOCK	80589M102	1,539	21,000	SH		SOLE	0	0	0	21,000
SELECT INCOME REIT	COMMON STOCK	81618T100	1,182	46,900	SH		SOLE	0	0	0	46,900
SENIOR HOUSING PROP TRUST	COMMON STOCK	81721M109	1,062	56,100	SH		SOLE	0	0	0	56,100
SHERWIN-WILLIAMS CO/THE	COMMON STOCK	824348106	1,586	5,900	SH		SOLE	0	0	0	5,900
SILVER BAY REALTY TRUST CORP	COMMON STOCK	82735Q102	171	10,000	SH		SOLE	0	0	0	10,000
SIMON PROPERTY GROUP INC	COMMON STOCK	828806109	4,532	25,506	SH		SOLE	0	0	0	25,506
SKYWORKS SOLUTIONS INC	COMMON STOCK	83088M102	1,643	22,000	SH		SOLE	0	0	0	22,000
SL GREEN REALTY CORP	COMMON STOCK	78440X101	780	7,257	SH		SOLE	0	0	0	7,257
SNAP-ON INC	COMMON STOCK	833034101	1,439	8,400	SH		SOLE	0	0	0	8,400
SOUTHERN CO/THE	COMMON STOCK	842587107	1,879	38,200	SH		SOLE	0	0	0	38,200
STAG INDUSTRIAL INC	COMMON STOCK	85254J102	800	33,500	SH		SOLE	0	0	0	33,500
STARBUCKS CORP	COMMON STOCK	855244109	2,421	43,600	SH		SOLE	0	0	0	43,600
SUMMIT HOTEL PROPERTIES INC	COMMON STOCK	866082100	300	18,700	SH		SOLE	0	0	0	18,700
T ROWE PRICE GROUP INC	COMMON STOCK	74144T108	1,663	22,100	SH		SOLE	0	0	0	22,100
TANGER FACTORY OUTLET CENTER	COMMON STOCK	875465106	877	24,500	SH		SOLE	0	0	0	24,500
TAUBMAN CENTERS INC	COMMON STOCK	876664103	444	6,000	SH		SOLE	0	0	0	6,000
TEXAS INSTRUMENTS INC	COMMON STOCK	882508104	2,919	40,000	SH		SOLE	0	0	0	40,000
TJX COMPANIES INC	COMMON STOCK	872540109	2,074	27,600	SH		SOLE	0	0	0	27,600
TORCHMARK CORP	COMMON STOCK	891027104	1,770	24,000	SH		SOLE	0	0	0	24,000
TOTAL SYSTEM SERVICES INC	COMMON STOCK	891906109	1,481	30,200	SH		SOLE	0	0	0	30,200
TRACTOR SUPPLY COMPANY	COMMON STOCK	892356106	1,251	16,500	SH		SOLE	0	0	0	16,500
TRAVELERS COS INC/THE	COMMON STOCK	89417E109	2,081	17,000	SH		SOLE	0	0	0	17,000
UDR INC	COMMON STOCK	902653104	493	13,519	SH		SOLE	0	0	0	13,519
UNITED PARCEL SERVICE-CL B	COMMON STOCK	911312106	2,746	23,950	SH		SOLE	0	0	0	23,950
UNITED THERAPEUTICS CORP	COMMON STOCK	91307C102	1,463	10,200	SH		SOLE	0	0	0	10,200
UNITEDHEALTH GROUP INC	COMMON STOCK	91324P102	3,985	24,900	SH		SOLE	0	0	0	24,900
URSTADT BIDDLE - CLASS A	COMMON STOCK	917286205	410	17,000	SH		SOLE	0	0	0	17,000
VARIAN MEDICAL SYSTEMS INC	COMMON STOCK	92220P105	1,508	16,800	SH		SOLE	0	0	0	16,800
VENTAS INC	COMMON STOCK	92276F100	1,461	23,362	SH		SOLE	0	0	0	23,362
VEREIT INC	COMMON STOCK	92339V100	1,210	143,000	SH		SOLE	0	0	0	143,000
VERIZON COMMUNICATIONS INC	COMMON STOCK	92343V104	4,591	86,000	SH		SOLE	0	0	0	86,000
VF CORP	COMMON STOCK	918204108	939	17,600	SH		SOLE	0	0	0	17,600
VISA INC-CLASS A SHARES	COMMON STOCK	92826C839	3,550	45,500	SH		SOLE	0	0	0	45,500
VMWARE INC-CLASS A	COMMON STOCK	928563402	1,732	22,000	SH		SOLE	0	0	0	22,000
VORNADO REALTY TRUST	COMMON STOCK	929042109	1,173	11,237	SH		SOLE	0	0	0	11,237
WABCO HOLDINGS INC	COMMON STOCK	92927K102	1,592	15,000	SH		SOLE	0	0	0	15,000
WALT DISNEY CO/THE	COMMON STOCK	254687106	3,846	36,900	SH		SOLE	0	0	0	36,900
WASHINGTON REIT	COMMON STOCK	939653101	196	6,000	SH		SOLE	0	0	0	6,000
WATERS CORP	COMMON STOCK	941848103	1,505	11,200	SH		SOLE	0	0	0	11,200
WEINGARTEN REALTY INVESTORS	COMMON STOCK	948741103	620	17,314	SH		SOLE	0	0	0	17,314
WELLTOWER INC	COMMON STOCK	95040Q104	1,154	17,247	SH		SOLE	0	0	0	17,247
WR BERKLEY CORP	COMMON STOCK	084423102	1,763	26,500	SH		SOLE	0	0	0	26,500
WW GRAINGER INC	COMMON STOCK	384802104	1,649	7,100	SH		SOLE	0	0	0	7,100
XCEL ENERGY INC	COMMON STOCK	98389B100	1,709	42,000	SH		SOLE	0	0	0	42,000
XYLEM INC	COMMON STOCK	98419M100	1,585	32,000	SH		SOLE	0	0	0	32,000
ZIMMER BIOMET HOLDINGS INC	COMMON STOCK	98956P102	1,548	15,000	SH		SOLE	0	0	0	15,000