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
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 COM 88579Y101 111,720 670,470 SH   DFND 1 670,470 0 0
AGCO CORP COM 001084102 3,429 69,000 SH   SOLE 69,000 0 0
AIR PRODS & CHEMS INC COM 009158106 111,479 773,892 SH   DFND 1 773,892 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 6,009 66,118 SH   SOLE 66,118 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 7,381 93,400 SH   DFND 1 93,400 0 0
ALPHABET INC CAP STK CL C 02079K107 224,080 300,799 SH   DFND 1 300,799 0 0
ALTRIA GROUP INC COM 02209S103 38,423 613,202 SH   SOLE 613,202 0 0
AMAZON COM INC COM 023135106 228,793 385,407 SH   DFND 1 385,407 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 5,280 112,121 SH   SOLE 112,121 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,024 14,853 SH   SOLE 14,853 0 0
AMGEN INC COM 031162100 224,986 1,500,604 SH   DFND 1 1,500,604 0 0
ANADARKO PETE CORP COM 032511107 73,305 1,574,089 SH   DFND 1 1,574,089 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 2,950 70,530 SH   SOLE 70,530 0 0
APPLE INC COM 037833100 91,823 842,489 SH   DFND 1 842,489 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 2,248 61,918 SH   DFND 1 61,918 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 45,882 511,449 SH   SOLE 511,449 0 0
AVALONBAY CMNTYS INC COM 053484101 14,326 75,323 SH   SOLE 75,323 0 0
BLACKROCK INC COM 09247X101 110,887 325,591 SH   DFND 1 325,591 0 0
BORGWARNER INC COM 099724106 37,311 971,645 SH   DFND 1 971,645 0 0
BOSTON PROPERTIES INC COM 101121101 27,247 214,406 SH   SOLE 214,406 0 0
BRF SA SPONSORED ADR 10552T107 1,404 98,700 SH   SOLE 98,700 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 626 18,000 SH   SOLE 18,000 0 0
BUNGE LIMITED COM G16962105 2,141 37,780 SH   SOLE 37,780 0 0
CAMDEN PPTY TR SH BEN INT 133131102 4,882 58,055 SH   SOLE 58,055 0 0
CANADIAN PAC RY LTD COM 13645T100 117,390 884,697 SH   DFND 1 884,697 0 0
CARMAX INC COM 143130102 180,636 3,534,953 SH   DFND 1 3,534,953 0 0
CBRE GROUP INC CL A 12504L109 3,307 114,762 SH   SOLE 114,762 0 0
CINEMARK HOLDINGS INC COM 17243V102 56,772 1,584,470 SH   SOLE 1,584,470 0 0
CINTAS CORP COM 172908105 46,405 516,700 SH   SOLE 516,700 0 0
CITIGROUP INC COM NEW 172967424 127,967 3,065,088 SH   DFND 1 3,065,088 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1,063 16,956 SH   SOLE 16,956 0 0
COLGATE PALMOLIVE CO COM 194162103 173,698 2,458,570 SH   DFND 1 2,458,570 0 0
COSTCO WHSL CORP NEW COM 22160K105 216,755 1,375,525 SH   DFND 1 1,375,525 0 0
CREDICORP LTD COM G2519Y108 33,906 258,808 SH   SOLE 258,808 0 0
DIGITAL RLTY TR INC COM 253868103 9,973 112,704 SH   SOLE 112,704 0 0
DISNEY WALT CO COM DISNEY 254687106 156,492 1,575,789 SH   DFND 1 1,575,789 0 0
DOUGLAS EMMETT INC COM 25960P109 1,511 50,170 SH   SOLE 50,170 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 72,603 1,146,605 SH   DFND 1 1,146,605 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 83,735 1,037,864 SH   SOLE 1,037,864 0 0
ECOLAB INC COM 278865100 158,251 1,419,033 SH   DFND 1 1,419,033 0 0
ELECTRONIC ARTS INC COM 285512109 56,997 862,160 SH   SOLE 862,160 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 51,094 1,938,309 SH   DFND 1 1,938,309 0 0
EMERSON ELEC CO COM 291011104 37,210 684,256 SH   SOLE 684,256 0 0
EQUINIX INC COM PAR $0.001 29444U700 203,076 614,062 SH   DFND 1 614,062 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 9,934 132,406 SH   SOLE 132,406 0 0
ESSEX PPTY TR INC COM 297178105 10,785 46,116 SH   SOLE 46,116 0 0
FACEBOOK INC CL A 30303M102 98,625 864,369 SH   DFND 1 864,369 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 3,797 24,331 SH   SOLE 24,331 0 0
GENERAL ELECTRIC CO COM 369604103 38,457 1,209,711 SH   DFND 1 1,209,711 0 0
HALLIBURTON CO COM 406216101 13,030 364,788 SH   SOLE 364,788 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 191,825 4,162,873 SH   DFND 1 4,162,873 0 0
HCP INC COM 40414L109 1,719 52,763 SH   SOLE 52,763 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 894 14,500 SH   SOLE 14,500 0 0
HOME DEPOT INC COM 437076102 86,284 646,658 SH   DFND 1 646,658 0 0
HOST HOTELS & RESORTS INC COM 44107P104 4,166 249,449 SH   SOLE 249,449 0 0
ICICI BK LTD ADR 45104G104 39,682 5,542,138 SH   SOLE 5,542,138 0 0
INDUSTRIAS BACHOCO S A B DE SPON ADR B 456463108 1,333 26,000 SH   SOLE 26,000 0 0
INFOSYS LTD SPONSORED ADR 456788108 932 48,980 SH   SOLE 48,980 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 137,942 1,212,461 SH   SOLE 1,212,461 0 0
INTL PAPER CO COM 460146103 1,734 42,262 SH   SOLE 42,262 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 24,346 40,505 SH   DFND 1 40,505 0 0
ISHARES TR TIPS BD ETF 464287176 1,172 10,220 SH   SOLE 10,220 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 2,525 74,776 SH   SOLE 74,776 0 0
ISHARES TR CORE US AGGBD ET 464287226 4,498 40,582 SH   DFND 1 40,582 0 0
ISHARES TR IBOXX INV CP ETF 464287242 4,279 36,013 SH   DFND 1 36,013 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 2,564 30,150 SH   SOLE 30,150 0 0
ISHARES TR MSCI ACWI ETF 464288257 64,285 1,146,715 SH   DFND 1 1,146,715 0 0
ISHARES TR 1-3 YR CR BD ETF 464288646 1,428 13,550 SH   SOLE 13,550 0 0
ISHARES TR MSCI INDIA ETF 46429B598 22,215 819,147 SH   SOLE 819,147 0 0
ISHARES TR FLTG RATE BD ETF 46429B655 1,261 25,000 SH   SOLE 25,000 0 0
JPMORGAN CHASE & CO COM 46625H100 283,293 4,783,737 SH   DFND 1 4,783,737 0 0
KAR AUCTION SVCS INC COM 48238T109 95,262 2,497,689 SH   DFND 1 2,497,689 0 0
KILROY RLTY CORP COM 49427F108 5,544 89,600 SH   SOLE 89,600 0 0
KIMBERLY CLARK CORP COM 494368103 158,157 1,175,803 SH   DFND 1 1,175,803 0 0
KIMCO RLTY CORP COM 49446R109 4,096 142,311 SH   SOLE 142,311 0 0
LAUDER ESTEE COS INC CL A 518439104 1,151 12,200 SH   SOLE 12,200 0 0
LEGGETT & PLATT INC COM 524660107 28,586 590,629 SH   SOLE 590,629 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 883 16,700 SH   SOLE 16,700 0 0
LINKEDIN CORP COM CL A 53578A108 36,670 320,686 SH   DFND 1 320,686 0 0
LKQ CORP COM 501889208 1,136 35,571 SH   SOLE 35,571 0 0
LOCKHEED MARTIN CORP COM 539830109 160,392 724,118 SH   SOLE 724,118 0 0
MACERICH CO COM 554382101 9,620 121,400 SH   SOLE 121,400 0 0
MASTERCARD INC CL A 57636Q104 225,567 2,386,956 SH   DFND 1 2,386,956 0 0
MEDNAX INC COM 58502B106 1,137 17,600 SH   SOLE 17,600 0 0
MEDTRONIC PLC SHS G5960L103 1,099 14,647 SH   SOLE 14,647 0 0
MICROSOFT CORP COM 594918104 968 17,527 SH   SOLE 17,527 0 0
MIDDLEBY CORP COM 596278101 2,915 27,300 SH   SOLE 27,300 0 0
MOODYS CORP COM 615369105 41,271 427,410 SH   SOLE 427,410 0 0
MOSAIC CO NEW COM 61945C103 4,428 164,000 SH   SOLE 164,000 0 0
MUELLER WTR PRODS INC COM SER A 624758108 850 85,995 SH   SOLE 85,995 0 0
NETFLIX INC COM 64110L106 86,269 843,870 SH   DFND 1 843,870 0 0
NIKE INC CL B 654106103 1,352 22,000 SH   SOLE 22,000 0 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 669 12,094 SH   SOLE 12,094 0 0
PFIZER INC COM 717081103 101,311 3,418,051 SH   DFND 1 3,418,051 0 0
PNC FINL SVCS GROUP INC COM 693475105 8,863 104,798 SH   SOLE 104,798 0 0
PROLOGIS INC COM 74340W103 18,815 425,878 SH   SOLE 425,878 0 0
PUBLIC STORAGE COM 74460D109 13,048 47,303 SH   SOLE 47,303 0 0
REGENCY CTRS CORP COM 758849103 8,158 108,997 SH   SOLE 108,997 0 0
SCHLUMBERGER LTD COM 806857108 9,991 135,469 SH   DFND 1 135,469 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 748 41,793 SH   SOLE 41,793 0 0
SERVICE CORP INTL COM 817565104 27,372 1,109,093 SH   DFND 1 1,109,093 0 0
SIMON PPTY GROUP INC NEW COM 828806109 97,873 471,245 SH   SOLE 471,245 0 0
SL GREEN RLTY CORP COM 78440X101 5,170 53,368 SH   SOLE 53,368 0 0
SMITH A O COM 831865209 1,114 14,600 SH   SOLE 14,600 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 58,324 2,838,127 SH   SOLE 2,838,127 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 2,849 93,800 SH   SOLE 93,800 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 32,127 385,076 SH   DFND 1 385,076 0 0
STERICYCLE INC COM 858912108 5,499 43,578 SH   SOLE 43,578 0 0
SUNPOWER CORP COM 867652406 594 26,600 SH   SOLE 26,600 0 0
SVB FINL GROUP COM 78486Q101 1,980 19,400 SH   SOLE 19,400 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 49,757 1,899,118 SH   DFND 1 1,899,118 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 6,219 170,900 SH   SOLE 170,900 0 0
TATA MTRS LTD SPONSORED ADR 876568502 1,037 35,687 SH   SOLE 35,687 0 0
TAUBMAN CTRS INC COM 876664103 2,616 36,724 SH   SOLE 36,724 0 0
TJX COS INC NEW COM 872540109 149,181 1,904,035 SH   DFND 1 1,904,035 0 0
UDR INC COM 902653104 7,057 183,149 SH   SOLE 183,149 0 0
UNION PAC CORP COM 907818108 28,614 359,698 SH   SOLE 359,698 0 0
URBAN EDGE PPTYS COM 91704F104 555 21,481 SH   SOLE 21,481 0 0
V F CORP COM 918204108 68,361 1,055,602 SH   DFND 1 1,055,602 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 698 12,100 SH   SOLE 12,100 0 0
VARIAN MED SYS INC COM 92220P105 99,013 1,237,354 SH   DFND 1 1,237,354 0 0
VENTAS INC COM 92276F100 13,577 215,637 SH   SOLE 215,637 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 765 14,147 SH   DFND 1 14,147 0 0
VORNADO RLTY TR SH BEN INT 929042109 13,483 142,780 SH   SOLE 142,780 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 123,649 1,467,816 SH   DFND 1 1,467,816 0 0
WELLS FARGO & CO NEW COM 949746101 61,424 1,270,146 SH   DFND 1 1,270,146 0 0
WISDOMTREE TR LARGECAP DIVID 97717W307 7,381 100,540 SH   DFND 1 100,540 0 0
XYLEM INC COM 98419M100 879 21,500 SH   SOLE 21,500 0 0
YANDEX N V SHS CLASS A N97284108 489 31,900 SH   SOLE 31,900 0 0
ZIONS BANCORPORATION COM 989701107 12,605 520,643 SH   SOLE 520,643 0 0