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
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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
3M CO	COMMON STOCK	88579Y101	3,601	15,300	SH		SOLE	0	0	0	15,300
AFLAC INC	COMMON STOCK	001055102	2,133	24,300	SH		SOLE	0	0	0	24,300
ALEXANDRIA REAL ESTATE EQUIT	COMMON STOCK	015271109	1,117	8,550	SH		SOLE	0	0	0	8,550
ALLSTATE CORP	COMMON STOCK	020002101	2,346	22,400	SH		SOLE	0	0	0	22,400
ALTRIA GROUP INC	COMMON STOCK	02209S103	3,121	43,700	SH		SOLE	0	0	0	43,700
AMERICAN CAMPUS COMMUNITIES	COMMON STOCK	024835100	698	17,000	SH		SOLE	0	0	0	17,000
AMERICAN ELECTRIC POWER	COMMON STOCK	025537101	2,119	28,800	SH		SOLE	0	0	0	28,800
AMERIPRISE FINANCIAL INC	COMMON STOCK	03076C106	2,034	12,000	SH		SOLE	0	0	0	12,000
APARTMENT INVT and MGMT CO -A	COMMON STOCK	03748R101	678	15,500	SH		SOLE	0	0	0	15,500
APPLE INC	COMMON STOCK	037833100	8,749	51,700	SH		SOLE	0	0	0	51,700
APPLIED MATERIALS INC	COMMON STOCK	038222105	2,704	52,900	SH		SOLE	0	0	0	52,900
ARMADA HOFFLER PROPERTIES IN	COMMON STOCK	04208T108	405	26,101	SH		SOLE	0	0	0	26,101
ATandT INC	COMMON STOCK	00206R102	4,288	110,300	SH		SOLE	0	0	0	110,300
AVALONBAY COMMUNITIES INC	COMMON STOCK	053484101	1,749	9,802	SH		SOLE	0	0	0	9,802
AVERY DENNISON CORP	COMMON STOCK	053611109	2,194	19,100	SH		SOLE	0	0	0	19,100
BANK OF NEW YORK MELLON CORP	COMMON STOCK	064058100	1,724	32,000	SH		SOLE	0	0	0	32,000
BAXTER INTERNATIONAL INC	COMMON STOCK	071813109	2,282	35,300	SH		SOLE	0	0	0	35,300
BEST BUY CO INC	COMMON STOCK	086516101	1,986	29,000	SH		SOLE	0	0	0	29,000
BIOGEN INC	COMMON STOCK	09062X103	2,453	7,700	SH		SOLE	0	0	0	7,700
BLACKROCK INC	COMMON STOCK	09247X101	2,620	5,100	SH		SOLE	0	0	0	5,100
BOSTON PROPERTIES INC	COMMON STOCK	101121101	756	5,814	SH		SOLE	0	0	0	5,814
BRANDYWINE REALTY TRUST	COMMON STOCK	105368203	1,082	59,500	SH		SOLE	0	0	0	59,500
BRISTOL-MYERS SQUIBB CO	COMMON STOCK	110122108	2,512	41,000	SH		SOLE	0	0	0	41,000
BRIXMOR PROPERTY GROUP INC	COMMON STOCK	11120U105	778	41,711	SH		SOLE	0	0	0	41,711
BROADRIDGE FINANCIAL SOLUTIO	COMMON STOCK	11133T103	1,812	20,000	SH		SOLE	0	0	0	20,000
CAMDEN PROPERTY TRUST	COMMON STOCK	133131102	1,126	12,231	SH		SOLE	0	0	0	12,231
CBL and ASSOCIATES PROPERTIES	COMMON STOCK	124830100	181	32,000	SH		SOLE	0	0	0	32,000
CBS CORP-CLASS B NON VOTING	COMMON STOCK	124857202	1,664	28,200	SH		SOLE	0	0	0	28,200
CDK GLOBAL INC	COMMON STOCK	12508E101	1,568	22,000	SH		SOLE	0	0	0	22,000
CDW CORP/DE	COMMON STOCK	12514G108	1,737	25,000	SH		SOLE	0	0	0	25,000
CELANESE CORP-SERIES A	COMMON STOCK	150870103	1,713	16,000	SH		SOLE	0	0	0	16,000
CELGENE CORP	COMMON STOCK	151020104	2,254	21,600	SH		SOLE	0	0	0	21,600
CHESAPEAKE LODGING TRUST	COMMON STOCK	165240102	393	14,500	SH		SOLE	0	0	0	14,500
CHURCH and DWIGHT CO INC	COMMON STOCK	171340102	1,615	32,200	SH		SOLE	0	0	0	32,200
CIGNA CORP	COMMON STOCK	125509109	2,478	12,200	SH		SOLE	0	0	0	12,200
CLOROX COMPANY	COMMON STOCK	189054109	1,874	12,600	SH		SOLE	0	0	0	12,600
COGNIZANT TECH SOLUTIONS-A	COMMON STOCK	192446102	2,230	31,400	SH		SOLE	0	0	0	31,400
COLGATE-PALMOLIVE CO	COMMON STOCK	194162103	2,414	32,000	SH		SOLE	0	0	0	32,000
COLONY NORTHSTAR INC-CLASS A	COMMON STOCK	19625W104	414	36,286	SH		SOLE	0	0	0	36,286
COLUMBIA PROPERTY TRUST INC	COMMON STOCK	198287203	803	35,000	SH		SOLE	0	0	0	35,000
CORPORATE OFFICE PROPERTIES	COMMON STOCK	22002T108	599	20,500	SH		SOLE	0	0	0	20,500
COSTCO WHOLESALE CORP	COMMON STOCK	22160K105	2,420	13,000	SH		SOLE	0	0	0	13,000
COUSINS PROPERTIES INC	COMMON STOCK	222795106	546	59,000	SH		SOLE	0	0	0	59,000
CROWN HOLDINGS INC	COMMON STOCK	228368106	1,524	27,100	SH		SOLE	0	0	0	27,100
CUMMINS INC	COMMON STOCK	231021106	1,961	11,100	SH		SOLE	0	0	0	11,100
CVS HEALTH CORP	COMMON STOCK	126650100	2,487	34,300	SH		SOLE	0	0	0	34,300
CYRUSONE INC	COMMON STOCK	23283R100	369	6,200	SH		SOLE	0	0	0	6,200
DCT INDUSTRIAL TRUST INC	COMMON STOCK	233153204	356	6,062	SH		SOLE	0	0	0	6,062
DDR CORP	COMMON STOCK	23317H102	663	74,000	SH		SOLE	0	0	0	74,000
DELTA AIR LINES INC	COMMON STOCK	247361702	1,736	31,000	SH		SOLE	0	0	0	31,000
DIAMONDROCK HOSPITALITY CO	COMMON STOCK	252784301	644	57,000	SH		SOLE	0	0	0	57,000
DIGITAL REALTY TRUST INC	COMMON STOCK	253868103	1,702	14,947	SH		SOLE	0	0	0	14,947
DOLLAR GENERAL CORP	COMMON STOCK	256677105	1,767	19,000	SH		SOLE	0	0	0	19,000
DOMINO'S PIZZA INC	COMMON STOCK	25754A201	1,455	7,700	SH		SOLE	0	0	0	7,700
DR PEPPER SNAPPLE GROUP INC	COMMON STOCK	26138E109	1,631	16,800	SH		SOLE	0	0	0	16,800
DUKE ENERGY CORP	COMMON STOCK	26441C204	2,195	26,100	SH		SOLE	0	0	0	26,100
DUKE REALTY CORP	COMMON STOCK	264411505	427	15,707	SH		SOLE	0	0	0	15,707
EASTGROUP PROPERTIES INC	COMMON STOCK	277276101	718	8,122	SH		SOLE	0	0	0	8,122
EATON VANCE CORP	COMMON STOCK	278265103	1,748	31,000	SH		SOLE	0	0	0	31,000
ECOLAB INC	COMMON STOCK	278865100	1,744	13,000	SH		SOLE	0	0	0	13,000
EDISON INTERNATIONAL	COMMON STOCK	281020107	1,467	23,200	SH		SOLE	0	0	0	23,200
ELI LILLY and CO	COMMON STOCK	532457108	2,365	28,000	SH		SOLE	0	0	0	28,000
EMERSON ELECTRIC CO	COMMON STOCK	291011104	2,349	33,700	SH		SOLE	0	0	0	33,700
EMPIRE STATE REALTY TRUST-A	COMMON STOCK	292104106	349	17,000	SH		SOLE	0	0	0	17,000
EPR PROPERTIES	COMMON STOCK	26884U109	772	11,800	SH		SOLE	0	0	0	11,800
EQUITY RESIDENTIAL	COMMON STOCK	29476L107	1,464	22,953	SH		SOLE	0	0	0	22,953
ESSEX PROPERTY TRUST INC	COMMON STOCK	297178105	724	3,000	SH		SOLE	0	0	0	3,000
ESTEE LAUDER COMPANIES-CL A	COMMON STOCK	518439104	2,468	19,400	SH		SOLE	0	0	0	19,400
EVERSOURCE ENERGY	COMMON STOCK	30040W108	1,851	29,300	SH		SOLE	0	0	0	29,300
F5 NETWORKS INC	COMMON STOCK	315616102	1,325	10,100	SH		SOLE	0	0	0	10,100
FASTENAL CO	COMMON STOCK	311900104	1,695	31,000	SH		SOLE	0	0	0	31,000
FISERV INC	COMMON STOCK	337738108	1,705	13,000	SH		SOLE	0	0	0	13,000
FOOT LOCKER INC	COMMON STOCK	344849104	994	21,200	SH		SOLE	0	0	0	21,200
FOREST CITY REALTY TRUST- A	COMMON STOCK	345605109	723	30,000	SH		SOLE	0	0	0	30,000
FORTUNE BRANDS HOME and SECURI	COMMON STOCK	34964C106	1,506	22,000	SH		SOLE	0	0	0	22,000
FRANKLIN RESOURCES INC	COMMON STOCK	354613101	1,517	35,000	SH		SOLE	0	0	0	35,000
GAMING AND LEISURE PROPERTIE	COMMON STOCK	36467J108	685	18,500	SH		SOLE	0	0	0	18,500
GAP INC/THE	COMMON STOCK	364760108	1,805	53,000	SH		SOLE	0	0	0	53,000
GENERAL ELECTRIC CO	COMMON STOCK	369604103	3,106	178,000	SH		SOLE	0	0	0	178,000
GENUINE PARTS CO	COMMON STOCK	372460105	1,482	15,600	SH		SOLE	0	0	0	15,600
GGP Inc	COMMON STOCK	36174X101	678	29,000	SH		SOLE	0	0	0	29,000
GLOBAL NET LEASE INC	COMMON STOCK	379378201	391	18,992	SH		SOLE	0	0	0	18,992
GRAMERCY PROPERTY TRUST	COMMON STOCK	385002308	898	33,666	SH		SOLE	0	0	0	33,666
HCP INC	COMMON STOCK	40414L109	991	38,007	SH		SOLE	0	0	0	38,007
HEALTHCARE REALTY TRUST INC	COMMON STOCK	421946104	131	4,082	SH		SOLE	0	0	0	4,082
HENRY SCHEIN INC	COMMON STOCK	806407102	1,314	18,800	SH		SOLE	0	0	0	18,800
HERSHEY CO/THE	COMMON STOCK	427866108	1,612	14,200	SH		SOLE	0	0	0	14,200
HIGHWOODS PROPERTIES INC	COMMON STOCK	431284108	733	14,398	SH		SOLE	0	0	0	14,398
HOME DEPOT INC	COMMON STOCK	437076102	4,814	25,400	SH		SOLE	0	0	0	25,400
HOSPITALITY PROPERTIES TRUST	COMMON STOCK	44106M102	814	27,266	SH		SOLE	0	0	0	27,266
HOST HOTELS and RESORTS INC	COMMON STOCK	44107P104	1,535	77,343	SH		SOLE	0	0	0	77,343
HUDSON PACIFIC PROPERTIES IN	COMMON STOCK	444097109	565	16,500	SH		SOLE	0	0	0	16,500
ILLINOIS TOOL WORKS	COMMON STOCK	452308109	2,436	14,600	SH		SOLE	0	0	0	14,600
INFRAREIT INC	COMMON STOCK	45685L100	459	24,720	SH		SOLE	0	0	0	24,720
INGERSOLL-RAND PLC	COMMON STOCK	000000000	1,605	18,000	SH		SOLE	0	0	0	18,000
INTL BUSINESS MACHINES CORP	COMMON STOCK	459200101	2,930	19,100	SH		SOLE	0	0	0	19,100
INTUIT INC	COMMON STOCK	461202103	2,256	14,300	SH		SOLE	0	0	0	14,300
INVITATION HOMES INC	COMMON STOCK	46187W107	228	9,684	SH		SOLE	0	0	0	9,684
IRON MOUNTAIN INC	COMMON STOCK	46284V101	1,075	28,500	SH		SOLE	0	0	0	28,500
JBG SMITH PROPERTIES	COMMON STOCK	46590V100	386	11,118	SH		SOLE	0	0	0	11,118
KELLOGG CO	COMMON STOCK	487836108	1,700	25,000	SH		SOLE	0	0	0	25,000
KENNEDY-WILSON HOLDINGS INC	COMMON STOCK	489398107	408	23,509	SH		SOLE	0	0	0	23,509
KILROY REALTY CORP	COMMON STOCK	49427F108	299	4,000	SH		SOLE	0	0	0	4,000
KIMBERLY-CLARK CORP	COMMON STOCK	494368103	1,689	14,000	SH		SOLE	0	0	0	14,000
KIMCO REALTY CORP	COMMON STOCK	49446R109	368	20,295	SH		SOLE	0	0	0	20,295
KITE REALTY GROUP TRUST	COMMON STOCK	49803T300	890	45,400	SH		SOLE	0	0	0	45,400
LASALLE HOTEL PROPERTIES	COMMON STOCK	517942108	682	24,300	SH		SOLE	0	0	0	24,300
LEAR CORP	COMMON STOCK	521865204	1,413	8,000	SH		SOLE	0	0	0	8,000
LEGGETT and PLATT INC	COMMON STOCK	524660107	1,241	26,000	SH		SOLE	0	0	0	26,000
LIBERTY PROPERTY TRUST	COMMON STOCK	531172104	1,204	27,984	SH		SOLE	0	0	0	27,984
LOEWS CORP	COMMON STOCK	540424108	1,551	31,000	SH		SOLE	0	0	0	31,000
LOWE'S COS INC	COMMON STOCK	548661107	2,723	29,300	SH		SOLE	0	0	0	29,300
Life Storage Inc	COMMON STOCK	53223X107	579	6,500	SH		SOLE	0	0	0	6,500
MACERICH CO/THE	COMMON STOCK	554382101	543	8,266	SH		SOLE	0	0	0	8,266
MACK-CALI REALTY CORP	COMMON STOCK	554489104	453	21,000	SH		SOLE	0	0	0	21,000
MANPOWERGROUP INC	COMMON STOCK	56418H100	2,144	17,000	SH		SOLE	0	0	0	17,000
MARSH and MCLENNAN COS	COMMON STOCK	571748102	2,116	26,000	SH		SOLE	0	0	0	26,000
MASCO CORP	COMMON STOCK	574599106	1,942	44,200	SH		SOLE	0	0	0	44,200
MASTERCARD INC - A	COMMON STOCK	57636Q104	3,708	24,500	SH		SOLE	0	0	0	24,500
MCCORMICK and CO-NON VTG SHRS	COMMON STOCK	579780206	1,580	15,500	SH		SOLE	0	0	0	15,500
MCDONALD'S CORP	COMMON STOCK	580135101	3,787	22,000	SH		SOLE	0	0	0	22,000
METTLER-TOLEDO INTERNATIONAL	COMMON STOCK	592688105	2,168	3,500	SH		SOLE	0	0	0	3,500
MICROSOFT CORP	COMMON STOCK	594918104	9,007	105,300	SH		SOLE	0	0	0	105,300
MID-AMERICA APARTMENT COMM	COMMON STOCK	59522J103	1,342	13,350	SH		SOLE	0	0	0	13,350
MOHAWK INDUSTRIES INC	COMMON STOCK	608190104	1,655	6,000	SH		SOLE	0	0	0	6,000
MOODY'S CORP	COMMON STOCK	615369105	2,126	14,400	SH		SOLE	0	0	0	14,400
NASDAQ INC	COMMON STOCK	631103108	1,537	20,000	SH		SOLE	0	0	0	20,000
NETAPP INC	COMMON STOCK	64110D104	2,213	40,000	SH		SOLE	0	0	0	40,000
NEW SENIOR INVESTMENT GROUP	COMMON STOCK	648691103	316	41,863	SH		SOLE	0	0	0	41,863
NEW YORK REIT INC	COMMON STOCK	64976L109	86	22,000	SH		SOLE	0	0	0	22,000
OGE ENERGY CORP	COMMON STOCK	670837103	1,283	39,000	SH		SOLE	0	0	0	39,000
OMNICOM GROUP	COMMON STOCK	681919106	1,347	18,500	SH		SOLE	0	0	0	18,500
P G and E CORP	COMMON STOCK	69331C108	1,314	29,300	SH		SOLE	0	0	0	29,300
PAYCHEX INC	COMMON STOCK	704326107	1,750	25,700	SH		SOLE	0	0	0	25,700
PEPSICO INC	COMMON STOCK	713448108	3,478	29,000	SH		SOLE	0	0	0	29,000
PFIZER INC	COMMON STOCK	717081103	4,357	120,300	SH		SOLE	0	0	0	120,300
PHILIP MORRIS INTERNATIONAL	COMMON STOCK	718172109	3,550	33,600	SH		SOLE	0	0	0	33,600
PHYSICIANS REALTY TRUST	COMMON STOCK	71943U104	198	11,000	SH		SOLE	0	0	0	11,000
PPG INDUSTRIES INC	COMMON STOCK	693506107	2,068	17,700	SH		SOLE	0	0	0	17,700
PPL CORP	COMMON STOCK	69351T106	1,300	42,000	SH		SOLE	0	0	0	42,000
PRINCIPAL FINANCIAL GROUP	COMMON STOCK	74251V102	1,623	23,000	SH		SOLE	0	0	0	23,000
PROCTER and GAMBLE CO/THE	COMMON STOCK	742718109	4,226	46,000	SH		SOLE	0	0	0	46,000
PROLOGIS INC	COMMON STOCK	74340W103	2,129	33,000	SH		SOLE	0	0	0	33,000
PUBLIC SERVICE ENTERPRISE GP	COMMON STOCK	744573106	1,751	34,000	SH		SOLE	0	0	0	34,000
PUBLIC STORAGE	COMMON STOCK	74460D109	1,842	8,813	SH		SOLE	0	0	0	8,813
QTS REALTY TRUST INC-CL A	COMMON STOCK	74736A103	379	7,000	SH		SOLE	0	0	0	7,000
QUALITY CARE PROPERTIES	COMMON STOCK	747545101	146	10,601	SH		SOLE	0	0	0	10,601
RAMCO-GERSHENSON PROPERTIES	COMMON STOCK	751452202	812	55,100	SH		SOLE	0	0	0	55,100
REINSURANCE GROUP OF AMERICA	COMMON STOCK	759351604	1,559	10,000	SH		SOLE	0	0	0	10,000
RLJ LODGING TRUST	COMMON STOCK	74965L101	633	28,800	SH		SOLE	0	0	0	28,800
RMR GROUP INC/THE - A	COMMON STOCK	74967R106	165	2,782	SH		SOLE	0	0	0	2,782
ROBERT HALF INTL INC	COMMON STOCK	770323103	1,611	29,000	SH		SOLE	0	0	0	29,000
ROCKWELL AUTOMATION INC	COMMON STOCK	773903109	2,160	11,000	SH		SOLE	0	0	0	11,000
ROSS STORES INC	COMMON STOCK	778296103	2,030	25,300	SH		SOLE	0	0	0	25,300
SandP GLOBAL INC	COMMON STOCK	78409V104	2,490	14,700	SH		SOLE	0	0	0	14,700
SABRA HEALTH CARE REIT INC	COMMON STOCK	78573L106	1,161	61,874	SH		SOLE	0	0	0	61,874
SEI INVESTMENTS COMPANY	COMMON STOCK	784117103	1,940	27,000	SH		SOLE	0	0	0	27,000
SELECT INCOME REIT	COMMON STOCK	81618T100	1,229	48,900	SH		SOLE	0	0	0	48,900
SENIOR HOUSING PROP TRUST	COMMON STOCK	81721M109	1,074	56,100	SH		SOLE	0	0	0	56,100
SHERWIN-WILLIAMS CO/THE	COMMON STOCK	824348106	2,419	5,900	SH		SOLE	0	0	0	5,900
SIMON PROPERTY GROUP INC	COMMON STOCK	828806109	4,724	27,506	SH		SOLE	0	0	0	27,506
SKYWORKS SOLUTIONS INC	COMMON STOCK	83088M102	1,586	16,700	SH		SOLE	0	0	0	16,700
SL GREEN REALTY CORP	COMMON STOCK	78440X101	732	7,257	SH		SOLE	0	0	0	7,257
SMITH (A.O.) CORP	COMMON STOCK	831865209	1,471	24,000	SH		SOLE	0	0	0	24,000
SNAP-ON INC	COMMON STOCK	833034101	1,394	8,000	SH		SOLE	0	0	0	8,000
SOUTHERN CO/THE	COMMON STOCK	842587107	1,914	39,800	SH		SOLE	0	0	0	39,800
SPIRIT REALTY CAPITAL INC	COMMON STOCK	84860W102	480	56,000	SH		SOLE	0	0	0	56,000
STAG INDUSTRIAL INC	COMMON STOCK	85254J102	697	25,500	SH		SOLE	0	0	0	25,500
STANLEY BLACK and DECKER INC	COMMON STOCK	854502101	2,172	12,800	SH		SOLE	0	0	0	12,800
STARBUCKS CORP	COMMON STOCK	855244109	2,389	41,600	SH		SOLE	0	0	0	41,600
STATE STREET CORP	COMMON STOCK	857477103	1,757	18,000	SH		SOLE	0	0	0	18,000
SUMMIT HOTEL PROPERTIES INC	COMMON STOCK	866082100	285	18,700	SH		SOLE	0	0	0	18,700
TANGER FACTORY OUTLET CENTER	COMMON STOCK	875465106	835	31,500	SH		SOLE	0	0	0	31,500
TARGET CORP	COMMON STOCK	87612E106	1,892	29,000	SH		SOLE	0	0	0	29,000
TAUBMAN CENTERS INC	COMMON STOCK	876664103	393	6,000	SH		SOLE	0	0	0	6,000
TEXAS INSTRUMENTS INC	COMMON STOCK	882508104	3,123	29,900	SH		SOLE	0	0	0	29,900
TIER REIT INC	COMMON STOCK	88650V208	408	20,000	SH		SOLE	0	0	0	20,000
TIME WARNER INC	COMMON STOCK	887317303	2,323	25,400	SH		SOLE	0	0	0	25,400
TJX COMPANIES INC	COMMON STOCK	872540109	2,011	26,300	SH		SOLE	0	0	0	26,300
TORCHMARK CORP	COMMON STOCK	891027104	1,751	19,300	SH		SOLE	0	0	0	19,300
TRACTOR SUPPLY COMPANY	COMMON STOCK	892356106	1,450	19,400	SH		SOLE	0	0	0	19,400
TRAVELERS COS INC/THE	COMMON STOCK	89417E109	2,035	15,000	SH		SOLE	0	0	0	15,000
UDR INC	COMMON STOCK	902653104	559	14,519	SH		SOLE	0	0	0	14,519
UNION PACIFIC CORP	COMMON STOCK	907818108	2,950	22,000	SH		SOLE	0	0	0	22,000
UNITED PARCEL SERVICE-CL B	COMMON STOCK	911312106	2,413	20,250	SH		SOLE	0	0	0	20,250
UNITED TECHNOLOGIES CORP	COMMON STOCK	913017109	2,807	22,000	SH		SOLE	0	0	0	22,000
UNITEDHEALTH GROUP INC	COMMON STOCK	91324P102	4,497	20,400	SH		SOLE	0	0	0	20,400
URSTADT BIDDLE - CLASS A	COMMON STOCK	917286205	370	17,000	SH		SOLE	0	0	0	17,000
US BANCORP	COMMON STOCK	902973304	2,465	46,000	SH		SOLE	0	0	0	46,000
VARIAN MEDICAL SYSTEMS INC	COMMON STOCK	92220P105	1,556	14,000	SH		SOLE	0	0	0	14,000
VENTAS INC	COMMON STOCK	92276F100	1,702	28,362	SH		SOLE	0	0	0	28,362
VEREIT INC	COMMON STOCK	92339V100	1,192	153,000	SH		SOLE	0	0	0	153,000
VF CORP	COMMON STOCK	918204108	1,850	25,000	SH		SOLE	0	0	0	25,000
VISA INC-CLASS A SHARES	COMMON STOCK	92826C839	4,561	40,000	SH		SOLE	0	0	0	40,000
VMWARE INC-CLASS A	COMMON STOCK	928563402	2,080	16,600	SH		SOLE	0	0	0	16,600
VORNADO REALTY TRUST	COMMON STOCK	929042109	879	11,237	SH		SOLE	0	0	0	11,237
WABCO HOLDINGS INC	COMMON STOCK	92927K102	1,435	10,000	SH		SOLE	0	0	0	10,000
WALT DISNEY CO/THE	COMMON STOCK	254687106	3,419	31,800	SH		SOLE	0	0	0	31,800
WASHINGTON REIT	COMMON STOCK	939653101	187	6,000	SH		SOLE	0	0	0	6,000
WATERS CORP	COMMON STOCK	941848103	1,546	8,000	SH		SOLE	0	0	0	8,000
WEINGARTEN REALTY INVESTORS	COMMON STOCK	948741103	569	17,314	SH		SOLE	0	0	0	17,314
WELLTOWER INC	COMMON STOCK	95040Q104	1,419	22,247	SH		SOLE	0	0	0	22,247
WYNDHAM WORLDWIDE CORP	COMMON STOCK	98310W108	1,854	16,000	SH		SOLE	0	0	0	16,000
YUM! BRANDS INC	COMMON STOCK	988498101	2,073	25,400	SH		SOLE	0	0	0	25,400
unum group	COMMON STOCK	91529Y106	1,592	29,000	SH		SOLE	0	0	0	29,000