-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MKatKc3PtowvLDuz8mLiCQv9Jek7D+lkZurapNvPHOvsmXqWVw4g5L+qP0uq4QbP G82/8NooMUMx/4MYjJfM4g== 0001047469-09-005902.txt : 20090522 0001047469-09-005902.hdr.sgml : 20090522 20090522122921 ACCESSION NUMBER: 0001047469-09-005902 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090522 DATE AS OF CHANGE: 20090522 EFFECTIVENESS DATE: 20090522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MACQUARIE GROUP LTD CENTRAL INDEX KEY: 0001418333 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-13120 FILM NUMBER: 09848080 BUSINESS ADDRESS: STREET 1: LEVEL 3, 25 NATIONAL CIRCUIT CITY: FORREST ACT 2603 STATE: C3 ZIP: 00000 MAIL ADDRESS: STREET 1: LEVEL 3, 25 NATIONAL CIRCUIT CITY: FORREST ACT 2603 STATE: C3 ZIP: 00000 13F-HR/A 1 a2193235z13f-hra.txt 13F-HR/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 ----------------- Check here if Amendment /X/; Amendment Number: 1 --- This Amendment(Check only one): /X/ is a restatement / / adds new holdings entries Institutional Investment Manager Filing this Report: Name: Macquarie Group Limited --------------------------- Address: 1 Martin Place --------------------------- Sydney, NSW 2000 --------------------------- Australia --------------------------- Form 13F File Number: 028-13120 --------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Kevin O'Neill ----------------------------------------- Title: Executive Director, Risk Management Group ----------------------------------------- Phone: 612 8232 7386 ----------------------------------------- Signature, Place, and Date of Signing /s/ Kevin O'Neill Sydney, Australia May 22, 2009 - -------------------- ----------------- ------------ [Signature] [City, State] [Date] Report Type (Check only one): /X/ 13F HOLDINGS REPORT. (check here if all holdings of this reporting manager are reported in this report.) / / 13F NOTICE. (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).) / / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 4 ----------- Form 13F Information Table Entry Total: 262 ----------- Form 13F Information Table Value Total: $756,181 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. - ---------------------------------------------------------------------------------- NO. 13F FILE # NAME - ---------------------------------------------------------------------------------- 01 28-13122 Macquarie Bank Limited - ---------------------------------------------------------------------------------- 02 28-13124 Macquarie Investment Management Limited - ---------------------------------------------------------------------------------- 03 28-11525 Macquarie Capital Investment Management LLC - ---------------------------------------------------------------------------------- 04 28-13126 Macquarie Capital Investment Management (Australia) Ltd. - ----------------------------------------------------------------------------------
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - ------------------------- ---------- --------- -------- ------------------- ---------- -------- ----------------------------------- TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ------------------------- ---------- --------- --------- --------- --- ---- ---------- -------- ----------- ----------- ----------- 3M CO COM 88579Y101 $11 189 SHS Defined 1 189 3M Co COM 88579Y101 $230 4,000 SHS Defined 2 4,000 Abbott Laboratories COM 002824100 $582 10,900 SHS Defined 2 10,900 Acadia Realty Trust COM 004239109 $996 69,903 SHS Defined 2 69,903 AES CORP COM 00130H105 $112 13,599 SHS Defined 1 13,599 AES Corp/The COM 00130H105 $39 4,700 SHS Defined 2 4,700 Alexander & Baldwin COM 014482103 $19,321 771,009 SHS Sole 771,009 Alexandria Real Estate Equities Inc COM 015271109 $3,072 50,972 SHS Defined 2 50,972 Allied Capital Corp COM 01903Q108 $77 28,685 SHS Defined 2 28,685 ALTRIA GROUP INC COM 02209S103 $95 6,315 SHS Defined 1 6,315 Altria Group Inc COM 02209S103 $233 15,500 SHS Defined 2 15,500 AMB Property Corp COM 00163T109 $976 41,695 SHS Defined 2 41,695 AMERICA MOVIL-ADR SERIES L COM 02364W105 $1,338 43,175 SHS Defined 1 43,175 American Campus Communities COM 024835100 $875 42,758 SHS Defined 2 42,758 American Capital Ltd COM 02503Y103 $49 15,300 SHS Defined 2 15,300 AMERICAN ELEC PWR INC COM 25537101 $33 1,000 SHS Sole 1,000 American Electric Power Co Inc COM 025537101 $260 7,800 SHS Defined 2 7,800 American International Group Inc COM 026874107 $28 17,900 SHS Defined 2 17,900 AMERICAN WTR WKS CO INC COM 030420103 $163 7,800 SHS Defined 2 7,800 AMERICAN WTR WKS CO INC COM 30420103 $90 4,300 SHS Sole 4,300 Amerigas Partners LP COM 030975106 $1,747 62,113 SHS Defined 3 62,113 AMERIPRISE FINANCIAL INC COM 03076C106 $169 7,220 SHS Defined 1 7,220 AMERIPRISE FINANCIAL INC COM 03076C106 $43 1,860 SHS Defined 2 1,860 Amgen Inc Total COM 031162100 $452 7,834 SHS Defined 2 7,834 APOLLO GOLD CORP COM 03761E102 $884 4,000,000 SHS Sole 4,000,000 Apollo Investment Corp COM 03761U106 $176 19,067 SHS Defined 2 19,067 Apple Inc COM 037833100 $529 6,200 SHS Defined 2 6,200 AQUA AMERICA INC COM 03836W103 $229 11,141 SHS Defined 1 11,141 Archer-Daniels-Midland Co COM 039483102 $499 17,300 SHS Defined 2 17,300 AT&T Inc Total COM 00206R102 $1,240 43,521 SHS Defined 2 43,521 AvalonBay Communities Inc COM 053484101 $866 14,306 SHS Defined 2 14,306 BANCO SANTANDER SA-SPON ADR COM 05964H105 $109 11,438 SHS Defined 1 11,438 BANCO SANTANDER-CHILE-ADR COM 05965X109 $260 7,417 SHS Defined 1 7,417 Bank of America Corp COM 060505104 $624 44,337 SHS Defined 2 44,337 Bank of New York Mellon Corp/The COM 064058100 $240 8,483 SHS Defined 2 8,483 Baxter International Inc COM 071813109 $252 4,700 SHS Defined 2 4,700 Berkshire Hathaway Inc COM 084670207 $225 70 SHS Defined 2 70 BioMed Realty Trust Inc COM 09063H107 $916 78,847 SHS Defined 2 78,847 BLACKSTONE GROUP LP/THE COM 09253U108 $1,331 203,801 SHS Defined 1 203,801 BLACKSTONE GROUP LP/THE COM 09253U108 $141 21,661 SHS Defined 2 21,661 BLUE COAT SYSTEMS INC COM 09534T508 $608 72,430 SHS Defined 1 72,430 Boeing Co COM 097023105 $230 5,400 SHS Defined 2 5,400 Boston Properties Inc COM 101121101 $2,424 44,089 SHS Defined 2 44,089 BRE Properties Inc COM 05564E106 $947 33,893 SHS Defined 2 33,893 Bristol-Myers Squibb Co COM 110122108 $330 14,200 SHS Defined 2 14,200 Brookfield Properties Corp COM 112900105 $635 68,365 SHS Defined 2 68,365 Bunge Ltd COM G16962105 $207 4,000 SHS Defined 2 4,000 BURLINGTON NORTHERN SANTA FE COM 12189T104 $28 368 SHS Defined 1 368 BURLINGTON NORTHERN SANTA FE COM 12189T104 $348 4,600 SHS Defined 2 4,600 Camden Property Trust COM 133131102 $234 7,455 SHS Defined 2 7,455 Caterpillar Inc COM 149123101 $255 5,700 SHS Defined 2 5,700 CENTERPOINT ENERGY INC COM 15189T107 $89 7,055 SHS Defined 1 7,055 Centerpoint Energy Inc COM 15189T107 $81 6,400 SHS Defined 2 6,400 CENTERPOINT ENERGY INC COM COM 15189T107 $27 2,100 SHS Sole 2,100 CHINA LIFE INSURANCE CO-ADR COM 16939P106 $16,946 365,225 SHS Defined 1 365,225 CHINA MOBILE LTD-SPON ADR COM 16941M109 $40,915 804,630 SHS Defined 1 804,630 CHINA NETCOM GROUP CORP HK L SPONSORED ADR ADR 16940Q101 $71 21,100 SHS Sole 21,100 CHINA UNICOM HONG KONG-ADR COM 16945R104 $9,173 751,913 SHS Defined 1 751,913 CHINA YUCHAI INTL LTD COM COM G21082105 $46 12,100 SHS Sole 12,100 CIA SIDERURGICA NACL-SP ADR COM 20440W105 $577 45,006 SHS Defined 1 45,006 CISCO SYSTEMS INC COM 17275R102 $914 56,097 SHS Defined 1 56,097 CISCO SYSTEMS INC COM 17275R102 $677 41,530 SHS Defined 2 41,530 Citigroup Inc COM 172967101 $258 38,406 SHS Defined 2 38,406 Coca-Cola Co/The COM 191216100 $620 13,700 SHS Defined 2 13,700 COEUR D ALENE MINES CORP IDA COM 192108108 $2,129 2,477,842 SHS Sole 2,477,842 Colgate-Palmolive Co COM 194162103 $219 3,200 SHS Defined 2 3,200 Comcast Corp COM 20030N200 $300 18,050 SHS Defined 2 18,050 CONOCOPHILLIPS COM 20825C104 $1,382 26,682 SHS Defined 1 26,682 ConocoPhillips COM 20825C104 $179 3,448 SHS Defined 4 3,448 ConocoPhillips COM 20825C104 $699 13,500 SHS Defined 2 13,500 Constellation Brands Inc COM 21036P108 $319 20,200 SHS Defined 2 20,200 Continental Resources Inc/OK COM 212015101 $298 14,400 SHS Sole 14,400 Corning Inc COM 219350105 $112 11,700 SHS Defined 2 11,700 Corporate Office Properties Trust SBI MD COM 22002T108 $3,418 111,676 SHS Defined 2 111,676 CSX Corp COM 126408103 $201 6,200 SHS Defined 2 6,200 Deere & Co COM 244199105 $395 10,300 SHS Defined 2 10,300 Dell Inc COM 24702R101 $134 13,100 SHS Defined 2 13,100 Digital Realty Trust Inc COM 253868103 $4,173 127,192 SHS Defined 2 127,192 DOMINION RES INC VA NEW COM COM 25746U109 $18 500 SHS Sole 500 DOMINION RESOURCES INC/VA COM 25746U109 $428 11,938 SHS Defined 1 11,938 Douglas Emmett Inc COM 25960P109 $3,051 233,928 SHS Defined 2 233,928 DUKE ENERGY CORP COM 26441C105 $386 25,731 SHS Defined 1 25,731 Duke Energy Corp COM 26441C105 $101 6,728 SHS Defined 2 6,728 DUKE ENERGY CORP NEW COM COM 26441C105 $41 2,700 SHS Sole 2,700 Duke Realty Corp COM 264411505 $120 10,948 SHS Defined 2 10,948 EastGroup Properties Inc COM 277276101 $2,418 68,036 SHS Defined 2 68,036 Edison International COM 281020107 $212 6,600 SHS Defined 2 6,600 EL PASO CORP COM 28336L109 $113 14,435 SHS Defined 1 14,435 EL PASO CORP COM 28336L109 $31 3,900 SHS Defined 2 3,900 Eli Lilly & Co COM 532457108 $302 7,500 SHS Sole 7,500 EMC Corp/Massachusetts COM 268648102 $154 14,700 SHS Defined 2 14,700 EMPRESA NAC ELEC-CHIL-SP ADR COM 29244T101 $286 8,534 SHS Defined 1 8,534 Enbridge Energy Partners LP COM 29250R106 $13,377 524,574 SHS Defined 3 524,574 Enbridge Energy Partners LP COM 29250R106 $32,547 1,279,153 SHS Defined 4 1,279,153 Energy Transfer Partners LP COM 29273R109 $17,169 504,818 SHS Defined 3 504,818 Energy Transfer Partners LP COM 29273R109 $45,655 1,344,282 SHS Defined 4 1,344,282 ENERSIS S.A. -SPONS ADR COM 29274F104 $177 13,900 SHS Defined 1 13,900 ENTERGY CORP COM 29364G103 $323 3,888 SHS Defined 1 3,888 ENTERGY CORP COM 29364G103 $266 3,200 SHS Defined 2 3,200 Enterprise Products Partners LP COM 293792107 $15,027 724,889 SHS Defined 3 724,889 Enterprise Products Partners LP COM 293792107 $41,926 2,027,234 SHS Defined 4 2,027,234 Equity Residential COM 29476L107 $2,709 90,999 SHS Defined 2 90,999 Essex Property Trust Inc COM 297178105 $2,861 37,323 SHS Defined 2 37,323 EXELON CORP COM 30161N101 $754 13,553 SHS Defined 1 13,553 Exelon Corp COM 30161N101 $11,918 214,320 SHS Defined 3 214,320 Exelon Corp COM 30161N101 $19,216 346,150 SHS Defined 4 346,150 Exelon Corp COM 30161N101 $300 5,400 SHS Defined 2 5,400 Extra Space Storage Inc COM 30225T102 $148 14,343 SHS Defined 2 14,343 Exxon Mobil Corp COM 30231G102 $3,265 40,900 SHS Defined 2 40,900 Federal Realty Invs Trust COM 313747206 $4,030 65,008 SHS Defined 2 65,008 First Solar Inc COM 336433107 $400 2,900 SHS Defined 2 2,900 FirstEnergy Corp COM 337932107 $228 4,700 SHS Defined 2 4,700 Foster Wheeler Ltd COM G36535139 $250 10,700 SHS Defined 2 10,700 FPL Group Inc COM 302571104 $533 10,600 SHS Defined 2 10,600 FREEPORT-MCMORAN COPPER COM 35671D857 $123 5,034 SHS Defined 1 5,034 Freeport-McMoRan Copper & Gold Inc COM 35671D857 $84 3,438 SHS Defined 2 3,438 Genentech Inc COM 368710406 $286 3,450 SHS Defined 2 3,450 General Electric Co COM 369604103 $1,147 70,800 SHS Defined 2 70,800 General Mills Inc COM 370334104 $437 7,200 SHS Defined 2 7,200 Gilead Sciences Inc COM 375558103 $343 6,700 SHS Defined 2 6,700 GOL LINHAS AEREAS INTEL-ADR COM 38045R107 $395 93,447 SHS Defined 1 93,447 GOLDMAN SACHS GROUP INC COM 38141G104 $555 6,577 SHS Defined 1 6,577 Goldman Sachs Group Inc/The COM 38141G104 $228 2,700 SHS Defined 2 2,700 Google Inc COM 38259P508 $523 1,700 SHS Defined 2 1,700 GOOGLE INC-CL A COM 38259P508 $2,120 6,891 SHS Defined 1 6,891 Harris & Harris Group Inc COM 413833104 $152 38,913 SHS Defined 2 38,913 Health Care Property Investors Inc COM 40414L109 $4,029 145,281 SHS Defined 2 145,281 CVS Caremark Corp Total COM 126650100 $334 11,609 SHS Defined 2 11,609 Chevron Corp Total COM 166764100 $1,222 16,521 SHS Defined 2 16,521 Coeur d'Alene Mines Corp Total COM 000000CXC $206 138,141 SHS Defined 2 138,141 Dominion Resources Inc/VA Total COM 25746U109 $272 7,600 SHS Defined 2 7,600 DCT Industrial Trust Inc Total COM 233153105 $157 31,072 SHS Defined 2 31,072 Developers Diversified Rlty Total COM 251591103 $5 1,100 SHS Defined 2 1,100 Health Care REIT Inc COM 42217K106 $683 16,194 SHS Defined 2 16,194 Hewlett-Packard Co COM 428236103 $628 17,300 SHS Defined 2 17,300 Highwoods Properties Inc COM 431284108 $1,659 60,825 SHS Defined 2 60,825 Home Depot Inc COM 437076102 $244 10,600 SHS Defined 2 10,600 Home Properties Inc COM 437306103 $3,121 77,027 SHS Defined 2 77,027 Host Hotels & Resorts Inc COM 44107P104 $153 20,176 SHS Defined 2 20,176 HRPT Properties Trust COM 40426W101 $99 29,356 SHS Defined 2 29,356 ICICI BANK LTD-SPON ADR COM 45104G104 $2,502 129,988 SHS Defined 1 129,988 IMA EXPLORATION INC COM 449664101 $32 128,000 SHS Sole 128,000 Inland Real Estate Corp COM 457461200 $1,448 111,692 SHS Defined 2 111,692 Intel Corp COM 458140100 $582 39,700 SHS Defined 2 39,700 INTERACTIVE BROKERS GRO-CL A COM 45841N107 $567 31,700 SHS Sole 31,700 International Business Machines Corp COM 459200101 $808 9,600 SHS Defined 2 9,600 INTREPID POTASH INC COM 46121Y102 $399 19,200 SHS Sole 19,200 IPATH MSCI INDIA INDEX ETN COM 06739F291 $1,266 40,000 SHS Defined 2 40,000 iShares FTSE/Xinhua China 25 Index Fund COM 464287184 $5,818 200,000 SHS Defined 2 200,000 iShares MSCI Brazil Index Fund COM 464286400 $1,819 52,000 SHS Defined 2 52,000 iShares MSCI Emerging Markets Index Fund COM 464287234 $5,369 215,000 SHS Defined 2 215,000 iShares MSCI Mexico Index Fund COM 464286822 $968 30,000 SHS Defined 2 30,000 iShares MSCI South Korea Index Fund COM 464286772 $4,196 150,000 SHS Defined 2 150,000 iShares MSCI Taiwan Index Fund COM 464286731 $2,277 300,000 SHS Defined 2 300,000 Johnson & Johnson COM 478160104 $1,184 19,784 SHS Defined 2 19,784 JPMORGAN CHASE & CO COM 46625H100 $1,904 60,373 SHS Defined 1 60,373 JPMorgan Chase & Co COM 46625H100 $823 26,100 SHS Defined 2 26,100 Kimco Realty Corp COM 49446R109 $1,162 63,629 SHS Defined 2 63,629 Kinder Morgan Energy Partners LP COM 494550106 $14,532 317,630 SHS Defined 3 317,630 Kinder Morgan Energy Partners LP COM 494550106 $34,532 755,002 SHS Defined 4 755,002 Kraft Foods Inc COM 50075N104 $272 10,118 SHS Defined 2 10,118 Lockheed Martin Corp COM 539830109 $202 2,400 SHS Defined 2 2,400 Longtop Financial Techno ADR COM 54318P108 $3,240 214,300 SHS Sole 214,300 Macerich Co/The COM 554382101 $1,443 79,566 SHS Defined 2 79,566 Macquarie Infrastructure Company LLC Membership Interest 5608B105 $12,035 3,192,247 SHS Sole 3,192,247 Magellan Midstream Partners LP COM 559080106 $16,942 560,819 SHS Defined 3 560,819 Magellan Midstream Partners LP COM 559080106 $34,382 1,141,271 SHS Defined 4 1,141,271 Marathon Oil Corp COM 565849106 $323 11,819 SHS Defined 2 11,819 MARKET VECTORS AGRIBUSINESS COM 57060U605 $1,940 69,670 SHS Defined 1 69,670 McDonald's Corp COM 580135101 $697 11,200 SHS Defined 2 11,200 Medtronic Inc Total COM 585055106 $270 8,600 SHS Defined 2 8,600 MEMC Electronic Materials Inc COM 552715104 $156 10,900 SHS Defined 2 10,900 Merck & Co Inc COM 589331107 $462 15,200 SHS Defined 2 15,200 MetLife Inc COM 59156R108 $206 5,900 SHS Defined 2 5,900 Microsoft Corp COM 594918104 $1,126 57,900 SHS Defined 2 57,900 Monsanto Co COM 61166W101 $443 6,300 SHS Defined 2 6,300 MOSAIC CO/THE COM 61945A107 $183 5,302 SHS Defined 1 5,302 Mosaic Co/The COM 61945A107 $228 6,600 SHS Defined 2 6,600 Motorola Inc COM 620076109 $72 16,300 SHS Defined 2 16,300 National Retail Properties Inc COM 637417106 $188 10,949 SHS Defined 2 10,949 Nationwide Health Properties Inc COM 638620104 $286 9,969 SHS Defined 2 9,969 News Corp COM 65248E104 $165 18,100 SHS Defined 2 18,100 NISOURCE INC COM 65473P105 $62 5,652 SHS Defined 1 5,652 NISOURCE INC COM 65473P105 $56 5,100 SHS Defined 2 5,100 NISOURCE INC COM COM 65473P105 $24 2,200 SHS Sole 2,200 NOAH ED HLDGS LTD ADR ADR 65487R303 $64 20,200 SHS Sole 20,200 Norfolk Southern Corp Total COM 655844108 $245 5,200 SHS Defined 2 5,200 Occidental Petroleum Corp Total COM 674599105 $342 5,700 SHS Defined 2 5,700 OCH-ZIFF CAPITAL MANAGEMEN-A COM 67551U105 $367 71,300 SHS Sole 71,300 Omega Healthcare Investors Inc Total COM 681936100 $212 13,253 SHS Defined 2 13,253 ORACLE CORP COM 68389X105 $5 306 SHS Defined 1 306 ORACLE CORP COM 68389X105 $515 29,031 SHS Defined 2 29,031 P G & E CORP COM 69331C108 $298 7,691 SHS Defined 1 7,691 PACIFIC RIM MINING CORP COM NEW 694915208 $311 2,000,000 SHS Sole 2,000,000 PARAMOUNT GOLD AND SILVER CORP COM 69924P102 $219 476,200 SHS Sole 476,200 PepsiCo Inc COM 713448108 $575 10,500 SHS Defined 2 10,500 PETROLEO BRASILEIRO S.A.-ADR COM 71654V408 $2,413 98,527 SHS Defined 1 98,527 Pfizer Inc Total COM 717081103 $840 47,430 SHS Defined 2 47,430 PG&E CORP COM COM 69331C108 $217 5,600 SHS Defined 2 5,600 PG&E CORP COM COM 69331C108 $35 900 SHS Sole 900 Philip Morris International Inc COM 718172109 $631 14,500 SHS Defined 2 14,500 Plains All American Pipeline LP COM 726503105 $1,751 50,475 SHS Defined 4 50,475 POWERSHARES QQQ COM 73935A104 $996 33,500 SHS Defined 1 33,500 POWERSHARES WILDERH CLEAN EN COM 73935X500 $430 49,933 SHS Defined 1 49,933 PPL CORPORATION COM 69351T106 $235 7,643 SHS Defined 1 7,643 PPL CORPORATION COM 69351T106 $46 1,500 SHS Defined 2 1,500 Procter & Gamble Co Total COM 742718109 $1,252 20,257 SHS Defined 2 20,257 Public Storage Inc COM 74460D109 $5,144 64,806 SHS Defined 2 64,806 Puget Energy COM 745310102 $175,437 6,433,319 SHS Sole 5,967,915 465,404 Qualcomm Inc COM 747525103 $419 11,700 SHS Defined 2 11,700 Realty Income Corp COM 756109104 $2,475 106,988 SHS Defined 2 106,988 Regency Centers Corp COM 758849103 $1,384 29,706 SHS Defined 2 29,706 RELIANT ENERGY INC COM 75952B105 $42 7,206 SHS Defined 1 7,206 RELIANT ENERGY INC COM 75952B105 $17 3,000 SHS Defined 2 3,000 REPSOL YPF SA -SPONSORED ADR COM 76026T205 $272 12,629 SHS Defined 1 12,629 Safeguard Scientifics Inc COM 786449108 $174 254,453 SHS Defined 2 254,453 SANDISK CORP COM 80004C101 $323 33,688 SHS Defined 1 33,688 SANDISK CORP COM 80004C101 $17 1,800 SHS Defined 2 1,800 Schering-Plough Corp COM 806605101 $213 12,500 SHS Defined 2 12,500 Schlumberger Ltd COM 806857108 $364 8,600 SHS Defined 2 8,600 SEMICONDUCTOR MANUFACT-ADR COM 81663N206 $399 188,970 SHS Defined 1 188,970 Sempra Energy COM 816851109 $209 4,900 SHS Defined 2 4,900 Senior Housing Properties Trust COM 81721M109 $261 14,544 SHS Defined 2 14,544 Simon Property Group Inc COM 828806109 $4,156 78,289 SHS Defined 2 78,289 SIRF TECHNOLOGY HOLDINGS INC COM 82967H101 $30 23,068 SHS Defined 1 23,068 Southern Co COM 842587107 $296 8,000 SHS Defined 2 8,000 SOUTHERN CO COM 842587107 $37 1,000 SHS Sole 1,000 SPDR GOLD TRUST COM 78463V107 $512 5,914 SHS Defined 1 5,914 SPDR S&P HOMEBUILDERS ETF COM 78464A888 $5,498 458,932 SHS Defined 1 458,932 SPDR TRUST SERIES 1 COM 78462F103 $3,234 35,842 SHS Defined 1 35,842 Sprint Nextel Corp COM 852061100 $26 14,350 SHS Defined 2 14,350 SYNTAX-BRILLIAN CORP COM 87163L103 $0 137,055 SHS Defined 1 137,055 TAM SA-SPONSORED ADR COM 87484D103 $475 57,680 SHS Defined 1 57,680 Tanger Factory Outlet Center COM 875465106 $1,756 46,722 SHS Defined 2 46,722 Taubman Centers Inc COM 876664103 $524 20,575 SHS Defined 2 20,575 Time Warner Inc COM 887317105 $299 29,700 SHS Defined 2 29,700 UDR Inc COM 902653104 $238 17,278 SHS Defined 2 17,278 Union Pacific Corp COM 907818108 $292 6,100 SHS Defined 2 6,100 United Parcel Service Inc COM 911312106 $221 4,000 SHS Defined 2 4,000 United Technologies Corp COM 913017109 $343 6,400 SHS Defined 2 6,400 UnitedHealth Group Inc COM 91324P102 $247 9,300 SHS Defined 2 9,300 US Bancorp COM 902973304 $318 12,700 SHS Defined 2 12,700 Valero Energy Corp COM 91913Y100 $162 7,493 SHS Defined 4 7,493 Valero Energy Corp COM 91913Y100 $56 2,588 SHS Defined 2 2,588 VALUECLICK INC COM 92046N102 $227 33,152 SHS Defined 1 33,152 Ventas Inc COM 92276F100 $1,553 46,377 SHS Defined 2 46,377 Verizon Communications Inc COM 92343V104 $709 20,900 SHS Defined 2 20,900 VIMPELCOM-SP ADR COM 68370R109 $173 24,107 SHS Defined 1 24,107 Visa Inc COM 92826C839 $220 4,200 SHS Defined 2 4,200 Visa Inc COM 92826C839 $913 17,400 SHS Sole 17,400 Vornado Realty Trust COM 929042109 $3,536 58,646 SHS Defined 2 58,646 Wachovia Corp COM 929903102 $89 16,081 SHS Defined 2 16,081 Wal-Mart Stores Inc COM 931142103 $886 15,800 SHS Defined 2 15,800 Walt Disney Co/The COM 254687106 $306 13,500 SHS Defined 2 13,500 Washington Real Estate Investment Trust COM 939653101 $200 7,073 SHS Defined 2 7,073 Weingarten Realty Investors COM 948741103 $206 9,964 SHS Defined 2 9,964 Wells Fargo & Co COM 949746101 $729 24,719 SHS Defined 2 24,719 Wyeth COM 983024100 $356 9,500 SHS Defined 2 9,500 XCEL ENERGY INC COM 98389B100 $171 9,222 SHS Defined 1 9,222 XCEL ENERGY INC COM 98389B100 $150 8,100 SHS Defined 2 8,100 XCEL ENERGY INC COM COM 98389B100 $32 1,700 SHS Sole 1,700 XTO Energy Inc COM 98385X106 $210 5,950 SHS Defined 2 5,950
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