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

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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	3,359	15,300	SH		SOLE	0	0	0	15,300
AFLAC INC	COMMON STOCK	001055102	2,398	54,800	SH		SOLE	0	0	0	54,800
ALEXANDRIA REAL ESTATE EQUIT	COMMON STOCK	015271109	1,068	8,550	SH		SOLE	0	0	0	8,550
ALLSTATE CORP	COMMON STOCK	020002101	2,379	25,100	SH		SOLE	0	0	0	25,100
ALTRIA GROUP INC	COMMON STOCK	02209S103	3,340	53,600	SH		SOLE	0	0	0	53,600
AMERICAN CAMPUS COMMUNITIES	COMMON STOCK	024835100	811	21,000	SH		SOLE	0	0	0	21,000
AMERICAN ELECTRIC POWER	COMMON STOCK	025537101	2,456	35,800	SH		SOLE	0	0	0	35,800
AMERICAN HOMES 4 RENT- A	COMMON STOCK	02665T306	161	8,000	SH		SOLE	0	0	0	8,000
AMERIPRISE FINANCIAL INC	COMMON STOCK	03076C106	1,968	13,300	SH		SOLE	0	0	0	13,300
APARTMENT INVT and MGMT CO -A	COMMON STOCK	03748R101	835	20,500	SH		SOLE	0	0	0	20,500
APPLE INC	COMMON STOCK	037833100	8,624	51,400	SH		SOLE	0	0	0	51,400
APPLIED MATERIALS INC	COMMON STOCK	038222105	2,747	49,400	SH		SOLE	0	0	0	49,400
ARMADA HOFFLER PROPERTIES IN	COMMON STOCK	04208T108	357	26,101	SH		SOLE	0	0	0	26,101
AUTOZONE INC	COMMON STOCK	053332102	1,881	2,900	SH		SOLE	0	0	0	2,900
AVALONBAY COMMUNITIES INC	COMMON STOCK	053484101	1,612	9,802	SH		SOLE	0	0	0	9,802
AVERY DENNISON CORP	COMMON STOCK	053611109	1,902	17,900	SH		SOLE	0	0	0	17,900
BAXTER INTERNATIONAL INC	COMMON STOCK	071813109	2,296	35,300	SH		SOLE	0	0	0	35,300
BEST BUY CO INC	COMMON STOCK	086516101	2,093	29,900	SH		SOLE	0	0	0	29,900
BIOGEN INC	COMMON STOCK	09062X103	2,218	8,100	SH		SOLE	0	0	0	8,100
BLACKROCK INC	COMMON STOCK	09247X101	2,763	5,100	SH		SOLE	0	0	0	5,100
BOSTON PROPERTIES INC	COMMON STOCK	101121101	716	5,814	SH		SOLE	0	0	0	5,814
BRANDYWINE REALTY TRUST	COMMON STOCK	105368203	945	59,500	SH		SOLE	0	0	0	59,500
BRIXMOR PROPERTY GROUP INC	COMMON STOCK	11120U105	636	41,711	SH		SOLE	0	0	0	41,711
BROADRIDGE FINANCIAL SOLUTIO	COMMON STOCK	11133T103	1,865	17,000	SH		SOLE	0	0	0	17,000
BROWN-FORMAN CORP-CLASS B	COMMON STOCK	115637209	2,149	39,500	SH		SOLE	0	0	0	39,500
CAMDEN PROPERTY TRUST	COMMON STOCK	133131102	1,030	12,231	SH		SOLE	0	0	0	12,231
CBL and ASSOCIATES PROPERTIES	COMMON STOCK	124830100	133	32,000	SH		SOLE	0	0	0	32,000
CDK GLOBAL INC	COMMON STOCK	12508E101	1,850	29,200	SH		SOLE	0	0	0	29,200
CELGENE CORP	COMMON STOCK	151020104	2,614	29,300	SH		SOLE	0	0	0	29,300
CHATHAM LODGING TRUST	COMMON STOCK	16208T102	421	22,000	SH		SOLE	0	0	0	22,000
CHESAPEAKE LODGING TRUST	COMMON STOCK	165240102	403	14,500	SH		SOLE	0	0	0	14,500
CHURCH and DWIGHT CO INC	COMMON STOCK	171340102	2,251	44,700	SH		SOLE	0	0	0	44,700
CIGNA CORP	COMMON STOCK	125509109	2,046	12,200	SH		SOLE	0	0	0	12,200
CLOROX COMPANY	COMMON STOCK	189054109	2,116	15,900	SH		SOLE	0	0	0	15,900
COGNIZANT TECH SOLUTIONS-A	COMMON STOCK	192446102	2,697	33,500	SH		SOLE	0	0	0	33,500
COLGATE-PALMOLIVE CO	COMMON STOCK	194162103	2,810	39,200	SH		SOLE	0	0	0	39,200
COLONY NORTHSTAR INC-CLASS A	COMMON STOCK	19625W104	828	147,286	SH		SOLE	0	0	0	147,286
COLUMBIA PROPERTY TRUST INC	COMMON STOCK	198287203	716	35,000	SH		SOLE	0	0	0	35,000
COMCAST CORP-CLASS A	COMMON STOCK	20030N101	3,718	108,800	SH		SOLE	0	0	0	108,800
CORPORATE OFFICE PROPERTIES	COMMON STOCK	22002T108	659	25,500	SH		SOLE	0	0	0	25,500
COUSINS PROPERTIES INC	COMMON STOCK	222795106	512	59,000	SH		SOLE	0	0	0	59,000
CSX CORP	COMMON STOCK	126408103	2,618	47,000	SH		SOLE	0	0	0	47,000
CUBESMART	COMMON STOCK	229663109	705	25,000	SH		SOLE	0	0	0	25,000
CUMMINS INC	COMMON STOCK	231021106	2,042	12,600	SH		SOLE	0	0	0	12,600
CYRUSONE INC	COMMON STOCK	23283R100	497	9,700	SH		SOLE	0	0	0	9,700
DCT INDUSTRIAL TRUST INC	COMMON STOCK	233153204	342	6,062	SH		SOLE	0	0	0	6,062
DDR CORP	COMMON STOCK	23317H102	542	74,000	SH		SOLE	0	0	0	74,000
DIAMONDROCK HOSPITALITY CO	COMMON STOCK	252784301	595	57,000	SH		SOLE	0	0	0	57,000
DIGITAL REALTY TRUST INC	COMMON STOCK	253868103	1,575	14,947	SH		SOLE	0	0	0	14,947
DISCOVER FINANCIAL SERVICES	COMMON STOCK	254709108	2,158	30,000	SH		SOLE	0	0	0	30,000
DOLLAR GENERAL CORP	COMMON STOCK	256677105	2,124	22,700	SH		SOLE	0	0	0	22,700
DOLLAR TREE INC	COMMON STOCK	256746108	1,964	20,700	SH		SOLE	0	0	0	20,700
DR PEPPER SNAPPLE GROUP INC	COMMON STOCK	26138E109	1,989	16,800	SH		SOLE	0	0	0	16,800
DTE ENERGY COMPANY	COMMON STOCK	233331107	2,245	21,500	SH		SOLE	0	0	0	21,500
DUKE ENERGY CORP	COMMON STOCK	26441C204	2,673	34,500	SH		SOLE	0	0	0	34,500
DUKE REALTY CORP	COMMON STOCK	264411505	416	15,707	SH		SOLE	0	0	0	15,707
EASTGROUP PROPERTIES INC	COMMON STOCK	277276101	671	8,122	SH		SOLE	0	0	0	8,122
EDUCATION REALTY TRUST INC	COMMON STOCK	28140H203	491	15,000	SH		SOLE	0	0	0	15,000
ELI LILLY and CO	COMMON STOCK	532457108	2,770	35,800	SH		SOLE	0	0	0	35,800
EMERSON ELECTRIC CO	COMMON STOCK	291011104	2,452	35,900	SH		SOLE	0	0	0	35,900
EMPIRE STATE REALTY TRUST-A	COMMON STOCK	292104106	285	17,000	SH		SOLE	0	0	0	17,000
EPR PROPERTIES	COMMON STOCK	26884U109	942	17,000	SH		SOLE	0	0	0	17,000
EQUITY RESIDENTIAL	COMMON STOCK	29476L107	1,414	22,953	SH		SOLE	0	0	0	22,953
ESSEX PROPERTY TRUST INC	COMMON STOCK	297178105	722	3,000	SH		SOLE	0	0	0	3,000
ESTEE LAUDER COMPANIES-CL A	COMMON STOCK	518439104	2,635	17,600	SH		SOLE	0	0	0	17,600
EXPEDITORS INTL WASH INC	COMMON STOCK	302130109	2,076	32,800	SH		SOLE	0	0	0	32,800
F5 NETWORKS INC	COMMON STOCK	315616102	2,270	15,700	SH		SOLE	0	0	0	15,700
FARMLAND PARTNERS INC	COMMON STOCK	31154R109	142	17,000	SH		SOLE	0	0	0	17,000
FASTENAL CO	COMMON STOCK	311900104	2,113	38,700	SH		SOLE	0	0	0	38,700
FISERV INC	COMMON STOCK	337738108	2,425	34,000	SH		SOLE	0	0	0	34,000
FOREST CITY REALTY TRUST- A	COMMON STOCK	345605109	750	37,000	SH		SOLE	0	0	0	37,000
FORTUNE BRANDS HOME and SECURI	COMMON STOCK	34964C106	1,743	29,600	SH		SOLE	0	0	0	29,600
GAMING AND LEISURE PROPERTIE	COMMON STOCK	36467J108	619	18,500	SH		SOLE	0	0	0	18,500
GAP INC/THE	COMMON STOCK	364760108	1,909	61,200	SH		SOLE	0	0	0	61,200
GENERAL MILLS INC	COMMON STOCK	370334104	1,865	41,400	SH		SOLE	0	0	0	41,400
GENUINE PARTS CO	COMMON STOCK	372460105	1,860	20,700	SH		SOLE	0	0	0	20,700
GGP Inc	COMMON STOCK	36174X101	593	29,000	SH		SOLE	0	0	0	29,000
GLOBAL NET LEASE INC	COMMON STOCK	379378201	591	34,992	SH		SOLE	0	0	0	34,992
GRAMERCY PROPERTY TRUST	COMMON STOCK	385002308	884	40,666	SH		SOLE	0	0	0	40,666
HCP INC	COMMON STOCK	40414L109	883	38,007	SH		SOLE	0	0	0	38,007
HEALTHCARE REALTY TRUST INC	COMMON STOCK	421946104	113	4,082	SH		SOLE	0	0	0	4,082
HENRY SCHEIN INC	COMMON STOCK	806407102	1,868	27,800	SH		SOLE	0	0	0	27,800
HERSHEY CO/THE	COMMON STOCK	427866108	1,989	20,100	SH		SOLE	0	0	0	20,100
HIGHWOODS PROPERTIES INC	COMMON STOCK	431284108	631	14,398	SH		SOLE	0	0	0	14,398
HOME DEPOT INC	COMMON STOCK	437076102	4,527	25,400	SH		SOLE	0	0	0	25,400
HOSPITALITY PROPERTIES TRUST	COMMON STOCK	44106M102	691	27,266	SH		SOLE	0	0	0	27,266
HOST HOTELS and RESORTS INC	COMMON STOCK	44107P104	1,442	77,343	SH		SOLE	0	0	0	77,343
HP INC	COMMON STOCK	40434L105	2,345	107,000	SH		SOLE	0	0	0	107,000
HUDSON PACIFIC PROPERTIES IN	COMMON STOCK	444097109	830	25,500	SH		SOLE	0	0	0	25,500
HUNT (JB) TRANSPRT SVCS INC	COMMON STOCK	445658107	2,027	17,300	SH		SOLE	0	0	0	17,300
ILLINOIS TOOL WORKS	COMMON STOCK	452308109	2,381	15,200	SH		SOLE	0	0	0	15,200
INFRAREIT INC	COMMON STOCK	45685L100	480	24,720	SH		SOLE	0	0	0	24,720
INGERSOLL-RAND PLC	COMMON STOCK	000000000	2,121	24,800	SH		SOLE	0	0	0	24,800
INTL BUSINESS MACHINES CORP	COMMON STOCK	459200101	3,575	23,300	SH		SOLE	0	0	0	23,300
INTUIT INC	COMMON STOCK	461202103	2,600	15,000	SH		SOLE	0	0	0	15,000
INVITATION HOMES INC	COMMON STOCK	46187W107	221	9,684	SH		SOLE	0	0	0	9,684
IRON MOUNTAIN INC	COMMON STOCK	46284V101	1,101	33,500	SH		SOLE	0	0	0	33,500
JBG SMITH PROPERTIES	COMMON STOCK	46590V100	375	11,118	SH		SOLE	0	0	0	11,118
KENNEDY-WILSON HOLDINGS INC	COMMON STOCK	489398107	409	23,509	SH		SOLE	0	0	0	23,509
KILROY REALTY CORP	COMMON STOCK	49427F108	284	4,000	SH		SOLE	0	0	0	4,000
KIMBERLY-CLARK CORP	COMMON STOCK	494368103	2,302	20,900	SH		SOLE	0	0	0	20,900
KIMCO REALTY CORP	COMMON STOCK	49446R109	292	20,295	SH		SOLE	0	0	0	20,295
KITE REALTY GROUP TRUST	COMMON STOCK	49803T300	691	45,400	SH		SOLE	0	0	0	45,400
LAM RESEARCH CORP	COMMON STOCK	512807108	2,458	12,100	SH		SOLE	0	0	0	12,100
LASALLE HOTEL PROPERTIES	COMMON STOCK	517942108	705	24,300	SH		SOLE	0	0	0	24,300
LEAR CORP	COMMON STOCK	521865204	2,066	11,100	SH		SOLE	0	0	0	11,100
LEGGETT and PLATT INC	COMMON STOCK	524660107	1,974	44,500	SH		SOLE	0	0	0	44,500
LIBERTY PROPERTY TRUST	COMMON STOCK	531172104	1,112	27,984	SH		SOLE	0	0	0	27,984
LOEWS CORP	COMMON STOCK	540424108	2,074	41,700	SH		SOLE	0	0	0	41,700
LOWE'S COS INC	COMMON STOCK	548661107	2,571	29,300	SH		SOLE	0	0	0	29,300
LYONDELLBASELL INDU-CL A	COMMON STOCK	000000000	2,230	21,100	SH		SOLE	0	0	0	21,100
Life Storage Inc	COMMON STOCK	53223X107	710	8,500	SH		SOLE	0	0	0	8,500
MACERICH CO/THE	COMMON STOCK	554382101	463	8,266	SH		SOLE	0	0	0	8,266
MACK-CALI REALTY CORP	COMMON STOCK	554489104	468	28,000	SH		SOLE	0	0	0	28,000
MANPOWERGROUP INC	COMMON STOCK	56418H100	1,830	15,900	SH		SOLE	0	0	0	15,900
MARSH and MCLENNAN COS	COMMON STOCK	571748102	2,494	30,200	SH		SOLE	0	0	0	30,200
MASCO CORP	COMMON STOCK	574599106	1,990	49,200	SH		SOLE	0	0	0	49,200
MASTERCARD INC - A	COMMON STOCK	57636Q104	4,291	24,500	SH		SOLE	0	0	0	24,500
MCCORMICK and CO-NON VTG SHRS	COMMON STOCK	579780206	2,138	20,100	SH		SOLE	0	0	0	20,100
MCDONALD'S CORP	COMMON STOCK	580135101	3,440	22,000	SH		SOLE	0	0	0	22,000
MEDICAL PROPERTIES TRUST INC	COMMON STOCK	58463J304	650	50,000	SH		SOLE	0	0	0	50,000
METTLER-TOLEDO INTERNATIONAL	COMMON STOCK	592688105	1,880	3,270	SH		SOLE	0	0	0	3,270
MICROSOFT CORP	COMMON STOCK	594918104	8,561	93,800	SH		SOLE	0	0	0	93,800
MID-AMERICA APARTMENT COMM	COMMON STOCK	59522J103	1,218	13,350	SH		SOLE	0	0	0	13,350
MOHAWK INDUSTRIES INC	COMMON STOCK	608190104	1,881	8,100	SH		SOLE	0	0	0	8,100
MONMOUTH REAL ESTATE INV COR	COMMON STOCK	609720107	451	30,000	SH		SOLE	0	0	0	30,000
MOODY'S CORP	COMMON STOCK	615369105	2,323	14,400	SH		SOLE	0	0	0	14,400
MSCI INC	COMMON STOCK	55354G100	2,332	15,600	SH		SOLE	0	0	0	15,600
NATL HEALTH INVESTORS INC	COMMON STOCK	63633D104	168	2,500	SH		SOLE	0	0	0	2,500
NETAPP INC	COMMON STOCK	64110D104	2,202	35,700	SH		SOLE	0	0	0	35,700
NEW SENIOR INVESTMENT GROUP	COMMON STOCK	648691103	342	41,863	SH		SOLE	0	0	0	41,863
NEW YORK REIT INC	COMMON STOCK	64976L208	47	2,200	SH		SOLE	0	0	0	2,200
O'REILLY AUTOMOTIVE INC	COMMON STOCK	67103H107	2,127	8,600	SH		SOLE	0	0	0	8,600
OMNICOM GROUP	COMMON STOCK	681919106	2,115	29,100	SH		SOLE	0	0	0	29,100
PAYCHEX INC	COMMON STOCK	704326107	2,051	33,300	SH		SOLE	0	0	0	33,300
PFIZER INC	COMMON STOCK	717081103	4,447	125,300	SH		SOLE	0	0	0	125,300
PHYSICIANS REALTY TRUST	COMMON STOCK	71943U104	638	41,000	SH		SOLE	0	0	0	41,000
PINNACLE WEST CAPITAL	COMMON STOCK	723484101	2,099	26,300	SH		SOLE	0	0	0	26,300
PPG INDUSTRIES INC	COMMON STOCK	693506107	2,232	20,000	SH		SOLE	0	0	0	20,000
PPL CORP	COMMON STOCK	69351T106	2,028	71,700	SH		SOLE	0	0	0	71,700
PROCTER and GAMBLE CO/THE	COMMON STOCK	742718109	4,590	57,900	SH		SOLE	0	0	0	57,900
PROLOGIS INC	COMMON STOCK	74340W103	2,079	33,000	SH		SOLE	0	0	0	33,000
PUBLIC SERVICE ENTERPRISE GP	COMMON STOCK	744573106	2,316	46,100	SH		SOLE	0	0	0	46,100
PUBLIC STORAGE	COMMON STOCK	74460D109	1,766	8,813	SH		SOLE	0	0	0	8,813
QTS REALTY TRUST INC-CL A	COMMON STOCK	74736A103	398	11,000	SH		SOLE	0	0	0	11,000
QUALITY CARE PROPERTIES	COMMON STOCK	747545101	206	10,601	SH		SOLE	0	0	0	10,601
RAMCO-GERSHENSON PROPERTIES	COMMON STOCK	751452202	681	55,100	SH		SOLE	0	0	0	55,100
RLJ LODGING TRUST	COMMON STOCK	74965L101	560	28,800	SH		SOLE	0	0	0	28,800
RMR GROUP INC/THE - A	COMMON STOCK	74967R106	195	2,782	SH		SOLE	0	0	0	2,782
ROBERT HALF INTL INC	COMMON STOCK	770323103	2,107	36,400	SH		SOLE	0	0	0	36,400
ROCKWELL AUTOMATION INC	COMMON STOCK	773903109	2,021	11,600	SH		SOLE	0	0	0	11,600
ROSS STORES INC	COMMON STOCK	778296103	2,246	28,800	SH		SOLE	0	0	0	28,800
SandP GLOBAL INC	COMMON STOCK	78409V104	2,809	14,700	SH		SOLE	0	0	0	14,700
SABRA HEALTH CARE REIT INC	COMMON STOCK	78573L106	1,092	61,874	SH		SOLE	0	0	0	61,874
SEI INVESTMENTS COMPANY	COMMON STOCK	784117103	2,097	28,000	SH		SOLE	0	0	0	28,000
SELECT INCOME REIT	COMMON STOCK	81618T100	953	48,900	SH		SOLE	0	0	0	48,900
SENIOR HOUSING PROP TRUST	COMMON STOCK	81721M109	879	56,100	SH		SOLE	0	0	0	56,100
SHERWIN-WILLIAMS CO/THE	COMMON STOCK	824348106	2,314	5,900	SH		SOLE	0	0	0	5,900
SIMON PROPERTY GROUP INC	COMMON STOCK	828806109	4,246	27,506	SH		SOLE	0	0	0	27,506
SKYWORKS SOLUTIONS INC	COMMON STOCK	83088M102	2,326	23,200	SH		SOLE	0	0	0	23,200
SL GREEN REALTY CORP	COMMON STOCK	78440X101	703	7,257	SH		SOLE	0	0	0	7,257
SMITH (A.O.) CORP	COMMON STOCK	831865209	2,029	31,900	SH		SOLE	0	0	0	31,900
SOUTHERN CO/THE	COMMON STOCK	842587107	2,613	58,500	SH		SOLE	0	0	0	58,500
SOUTHWEST AIRLINES CO	COMMON STOCK	844741108	2,039	35,600	SH		SOLE	0	0	0	35,600
SPIRIT REALTY CAPITAL INC	COMMON STOCK	84860W102	714	92,000	SH		SOLE	0	0	0	92,000
STAG INDUSTRIAL INC	COMMON STOCK	85254J102	610	25,500	SH		SOLE	0	0	0	25,500
STANLEY BLACK and DECKER INC	COMMON STOCK	854502101	2,160	14,100	SH		SOLE	0	0	0	14,100
STARBUCKS CORP	COMMON STOCK	855244109	3,178	54,900	SH		SOLE	0	0	0	54,900
STATE STREET CORP	COMMON STOCK	857477103	2,304	23,100	SH		SOLE	0	0	0	23,100
SUMMIT HOTEL PROPERTIES INC	COMMON STOCK	866082100	255	18,700	SH		SOLE	0	0	0	18,700
SUNSTONE HOTEL INVESTORS INC	COMMON STOCK	867892101	198	13,000	SH		SOLE	0	0	0	13,000
T ROWE PRICE GROUP INC	COMMON STOCK	74144T108	2,159	20,000	SH		SOLE	0	0	0	20,000
TANGER FACTORY OUTLET CENTER	COMMON STOCK	875465106	693	31,500	SH		SOLE	0	0	0	31,500
TARGET CORP	COMMON STOCK	87612E106	2,305	33,200	SH		SOLE	0	0	0	33,200
TAUBMAN CENTERS INC	COMMON STOCK	876664103	341	6,000	SH		SOLE	0	0	0	6,000
TEXAS INSTRUMENTS INC	COMMON STOCK	882508104	3,262	31,400	SH		SOLE	0	0	0	31,400
TIER REIT INC	COMMON STOCK	88650V208	370	20,000	SH		SOLE	0	0	0	20,000
TJX COMPANIES INC	COMMON STOCK	872540109	2,724	33,400	SH		SOLE	0	0	0	33,400
TORCHMARK CORP	COMMON STOCK	891027104	1,953	23,200	SH		SOLE	0	0	0	23,200
TRAVELERS COS INC/THE	COMMON STOCK	89417E109	2,347	16,900	SH		SOLE	0	0	0	16,900
UDR INC	COMMON STOCK	902653104	517	14,519	SH		SOLE	0	0	0	14,519
UGI CORP	COMMON STOCK	902681105	2,021	45,500	SH		SOLE	0	0	0	45,500
UMH PROPERTIES INC	COMMON STOCK	903002103	510	38,000	SH		SOLE	0	0	0	38,000
UNION PACIFIC CORP	COMMON STOCK	907818108	3,509	26,100	SH		SOLE	0	0	0	26,100
UNITED PARCEL SERVICE-CL B	COMMON STOCK	911312106	2,538	24,250	SH		SOLE	0	0	0	24,250
UNITED THERAPEUTICS CORP	COMMON STOCK	91307C102	1,753	15,600	SH		SOLE	0	0	0	15,600
UNITEDHEALTH GROUP INC	COMMON STOCK	91324P102	4,366	20,400	SH		SOLE	0	0	0	20,400
UNITI GROUP INC	COMMON STOCK	91325V108	423	26,000	SH		SOLE	0	0	0	26,000
URSTADT BIDDLE - CLASS A	COMMON STOCK	917286205	328	17,000	SH		SOLE	0	0	0	17,000
US BANCORP	COMMON STOCK	902973304	2,848	56,400	SH		SOLE	0	0	0	56,400
VENTAS INC	COMMON STOCK	92276F100	1,405	28,362	SH		SOLE	0	0	0	28,362
VEREIT INC	COMMON STOCK	92339V100	1,065	153,000	SH		SOLE	0	0	0	153,000
VF CORP	COMMON STOCK	918204108	2,179	29,400	SH		SOLE	0	0	0	29,400
VISA INC-CLASS A SHARES	COMMON STOCK	92826C839	4,785	40,000	SH		SOLE	0	0	0	40,000
VMWARE INC-CLASS A	COMMON STOCK	928563402	1,746	14,400	SH		SOLE	0	0	0	14,400
VORNADO REALTY TRUST	COMMON STOCK	929042109	756	11,237	SH		SOLE	0	0	0	11,237
WABCO HOLDINGS INC	COMMON STOCK	92927K102	1,794	13,400	SH		SOLE	0	0	0	13,400
WASHINGTON REIT	COMMON STOCK	939653101	164	6,000	SH		SOLE	0	0	0	6,000
WEINGARTEN REALTY INVESTORS	COMMON STOCK	948741103	486	17,314	SH		SOLE	0	0	0	17,314
WELLTOWER INC	COMMON STOCK	95040Q104	1,537	28,247	SH		SOLE	0	0	0	28,247
WW GRAINGER INC	COMMON STOCK	384802104	2,173	7,700	SH		SOLE	0	0	0	7,700
WYNDHAM WORLDWIDE CORP	COMMON STOCK	98310W108	2,014	17,600	SH		SOLE	0	0	0	17,600
YUM! BRANDS INC	COMMON STOCK	988498101	2,367	27,800	SH		SOLE	0	0	0	27,800
ZOETIS INC	COMMON STOCK	98978V103	2,631	31,500	SH		SOLE	0	0	0	31,500