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 94,735 628,882 SH   DFND 1 628,882 0 0
AGCO CORP COM 001084102 3,132 69,000 SH   SOLE 69,000 0 0
AIR PRODS & CHEMS INC COM 009158106 107,763 828,244 SH   DFND 1 828,244 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 5,978 66,162 SH   SOLE 66,162 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 3,194 39,300 SH   SOLE 39,300 0 0
ALPHABET INC CAP STK CL C 02079K107 224,361 295,647 SH   DFND 1 295,647 0 0
ALPHABET INC CAP STK CL A 02079K305 29,858 38,378 SH   DFND 1 38,378 0 0
ALTRIA GROUP INC COM 02209S103 33,273 571,596 SH   SOLE 571,596 0 0
AMAZON COM INC COM 023135106 255,451 377,947 SH   DFND 1 377,947 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 4,811 116,367 SH   SOLE 116,367 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,267 21,206 SH   SOLE 21,206 0 0
AMGEN INC COM 031162100 245,308 1,511,166 SH   DFND 1 1,511,166 0 0
ANADARKO PETE CORP COM 032511107 78,163 1,608,962 SH   DFND 1 1,608,962 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 2,752 68,739 SH   SOLE 68,739 0 0
APPLE INC COM 037833100 85,290 810,280 SH   DFND 1 810,280 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 2,271 61,918 SH   DFND 1 61,918 0 0
AUTODESK INC COM 052769106 945 15,506 SH   SOLE 15,506 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 43,990 519,236 SH   SOLE 519,236 0 0
AVALONBAY CMNTYS INC COM 053484101 13,857 75,259 SH   SOLE 75,259 0 0
BORGWARNER INC COM 099724106 125,329 2,899,117 SH   DFND 1 2,899,117 0 0
BOSTON PROPERTIES INC COM 101121101 27,651 216,805 SH   SOLE 216,805 0 0
BRF SA SPONSORED ADR 10552T107 1,364 98,700 SH   SOLE 98,700 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 568 18,000 SH   SOLE 18,000 0 0
BUNGE LIMITED COM G16962105 2,580 37,780 SH   SOLE 37,780 0 0
CAMDEN PPTY TR SH BEN INT 133131102 4,545 59,208 SH   SOLE 59,208 0 0
CANADIAN PAC RY LTD COM 13645T100 112,881 884,644 SH   DFND 1 884,644 0 0
CARMAX INC COM 143130102 195,268 3,618,079 SH   DFND 1 3,618,079 0 0
CBRE GROUP INC CL A 12504L109 3,864 111,744 SH   SOLE 111,744 0 0
CERNER CORP COM 156782104 707 11,751 SH   SOLE 11,751 0 0
CINEMARK HOLDINGS INC COM 17243V102 55,125 1,648,960 SH   SOLE 1,648,960 0 0
CINTAS CORP COM 172908105 51,698 567,800 SH   SOLE 567,800 0 0
CISCO SYS INC COM 17275R102 412 15,185 SH   SOLE 15,185 0 0
CITIGROUP INC COM NEW 172967424 255,146 4,930,349 SH   DFND 1 4,930,349 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1,018 16,956 SH   SOLE 16,956 0 0
COLGATE PALMOLIVE CO COM 194162103 123,787 1,858,113 SH   DFND 1 1,858,113 0 0
COSTCO WHSL CORP NEW COM 22160K105 229,497 1,421,035 SH   DFND 1 1,421,035 0 0
CREDICORP LTD COM G2519Y108 26,098 268,163 SH   SOLE 268,163 0 0
DIGITAL RLTY TR INC COM 253868103 8,458 111,850 SH   SOLE 111,850 0 0
DISNEY WALT CO COM DISNEY 254687106 147,793 1,406,481 SH   DFND 1 1,406,481 0 0
DOUGLAS EMMETT INC COM 25960P109 1,527 48,987 SH   SOLE 48,987 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 77,123 1,158,000 SH   DFND 1 1,158,000 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 77,213 1,081,565 SH   SOLE 1,081,565 0 0
ECOLAB INC COM 278865100 177,351 1,550,545 SH   DFND 1 1,550,545 0 0
ELECTRONIC ARTS INC COM 285512109 845 12,300 SH   SOLE 12,300 0 0
EMBRAER S A SP ADR REP 4 CO 29082A107 80,717 2,732,477 SH   DFND 1 2,732,477 0 0
EMERSON ELEC CO COM 291011104 33,878 708,299 SH   SOLE 708,299 0 0
EQUINIX INC COM PAR $0.001 29444U700 28,810 95,270 SH   DFND 1 95,270 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 10,815 132,552 SH   SOLE 132,552 0 0
ESSEX PPTY TR INC COM 297178105 11,032 46,078 SH   SOLE 46,078 0 0
FACEBOOK INC CL A 30303M102 73,820 705,329 SH   DFND 1 705,329 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 3,459 23,677 SH   SOLE 23,677 0 0
GENERAL ELECTRIC CO COM 369604103 41,907 1,345,342 SH   DFND 1 1,345,342 0 0
GILEAD SCIENCES INC COM 375558103 1,467 14,500 SH   SOLE 14,500 0 0
HALLIBURTON CO COM 406216101 12,770 375,148 SH   SOLE 375,148 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 188,393 4,334,851 SH   DFND 1 4,334,851 0 0
HCP INC COM 40414L109 1,991 52,053 SH   SOLE 52,053 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 893 14,500 SH   SOLE 14,500 0 0
HOME DEPOT INC COM 437076102 48,902 369,766 SH   DFND 1 369,766 0 0
HOST HOTELS & RESORTS INC COM 44107P104 7,189 468,649 SH   SOLE 468,649 0 0
ICICI BK LTD ADR 45104G104 45,022 5,749,984 SH   SOLE 5,749,984 0 0
INDUSTRIAS BACHOCO S A B DE SPON ADR B 456463108 1,280 26,000 SH   SOLE 26,000 0 0
INFOSYS LTD SPONSORED ADR 456788108 820 48,980 SH   SOLE 48,980 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 149,489 1,249,486 SH   DFND 1 1,249,486 0 0
INTL PAPER CO COM 460146103 5,161 136,888 SH   DFND 1 136,888 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 22,316 40,859 SH   DFND 1 40,859 0 0
ISHARES TR CHINA LG-CAP ET 464287184 4,377 124,026 SH   DFND 1 124,026 0 0
ISHARES TR CORE US AGGBD E 464287226 4,317 39,968 SH   DFND 1 39,968 0 0
ISHARES TR IBOXX INV CP ET 464287242 4,008 35,153 SH   DFND 1 35,153 0 0
ISHARES TR MSCI ACWI ETF 464288257 64,083 1,148,025 SH   DFND 1 1,148,025 0 0
ISHARES TR MSCI INDIA ETF 46429B598 22,397 814,447 SH   SOLE 814,447 0 0
JPMORGAN CHASE & CO COM 46625H100 354,743 5,372,447 SH   DFND 1 5,372,447 0 0
KAR AUCTION SVCS INC COM 48238T109 94,862 2,561,761 SH   DFND 1 2,561,761 0 0
KILROY RLTY CORP COM 49427F108 5,651 89,300 SH   SOLE 89,300 0 0
KIMBERLY CLARK CORP COM 494368103 167,393 1,314,945 SH   DFND 1 1,314,945 0 0
KIMCO RLTY CORP COM 49446R109 3,766 142,341 SH   SOLE 142,341 0 0
LAUDER ESTEE COS INC CL A 518439104 1,074 12,200 SH   SOLE 12,200 0 0
LEGGETT & PLATT INC COM 524660107 26,862 639,260 SH   SOLE 639,260 0 0
LINKEDIN CORP COM CL A 53578A108 63,268 281,090 SH   DFND 1 281,090 0 0
LKQ CORP COM 501889208 1,054 35,571 SH   SOLE 35,571 0 0
LOCKHEED MARTIN CORP COM 539830109 122,650 564,818 SH   SOLE 564,818 0 0
MACERICH CO COM 554382101 9,873 122,360 SH   SOLE 122,360 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 1,113 76,000 SH   SOLE 76,000 0 0
MASTERCARD INC CL A 57636Q104 196,477 2,018,047 SH   DFND 1 2,018,047 0 0
MEDNAX INC COM 58502B106 1,032 14,400 SH   SOLE 14,400 0 0
MEDTRONIC PLC SHS G5960L103 1,127 14,647 SH   SOLE 14,647 0 0
MICROSOFT CORP COM 594918104 1,174 21,166 SH   SOLE 21,166 0 0
MIDDLEBY CORP COM 596278101 2,945 27,300 SH   SOLE 27,300 0 0
MOBILEYE N V AMSTELVEEN ORD SHS N51488117 59,670 1,411,300 SH   DFND 1 1,411,300 0 0
MOSAIC CO NEW COM 61945C103 2,980 108,000 SH   SOLE 108,000 0 0
NETFLIX INC COM 64110L106 102,370 894,998 SH   DFND 1 894,998 0 0
NIKE INC CL B 654106103 1,375 22,000 SH   SOLE 22,000 0 0
PFIZER INC COM 717081103 46,605 1,443,780 SH   DFND 1 1,443,780 0 0
PNC FINL SVCS GROUP INC COM 693475105 10,332 108,399 SH   SOLE 108,399 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 935 20,798 SH   SOLE 20,798 0 0
PROLOGIS INC COM 74340W103 18,065 420,910 SH   SOLE 420,910 0 0
PRUDENTIAL FINL INC COM 744320102 1,001 12,300 SH   SOLE 12,300 0 0
PUBLIC STORAGE COM 74460D109 11,807 47,666 SH   SOLE 47,666 0 0
REGENCY CTRS CORP COM 758849103 7,431 109,081 SH   SOLE 109,081 0 0
RMR GROUP INC CL A 74967R106 288 19,965 SH   SOLE 19,965 0 0
RYDER SYS INC COM 783549108 659 11,600 SH   SOLE 11,600 0 0
SCHLUMBERGER LTD COM 806857108 7,994 114,607 SH   DFND 1 114,607 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 27,572 1,857,919 SH   SOLE 1,857,919 0 0
SIMON PPTY GROUP INC NEW COM 828806109 81,182 417,515 SH   SOLE 417,515 0 0
SL GREEN RLTY CORP COM 78440X101 6,017 53,254 SH   SOLE 53,254 0 0
SMITH A O COM 831865209 873 11,400 SH   SOLE 11,400 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 56,449 2,969,418 SH   SOLE 2,969,418 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 3,172 93,800 SH   SOLE 93,800 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 36,562 527,740 SH   DFND 1 527,740 0 0
STERICYCLE INC COM 858912108 5,412 44,873 SH   SOLE 44,873 0 0
SVB FINL GROUP COM 78486Q101 2,271 19,100 SH   SOLE 19,100 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 637 28,000 SH   SOLE 28,000 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 5,651 172,800 SH   SOLE 172,800 0 0
TATA MTRS LTD SPONSORED ADR 876568502 1,043 35,396 SH   SOLE 35,396 0 0
TAUBMAN CTRS INC COM 876664103 3,026 39,446 SH   SOLE 39,446 0 0
TIFFANY & CO NEW COM 886547108 90,811 1,190,338 SH   SOLE 1,190,338 0 0
TJX COS INC NEW COM 872540109 133,562 1,883,549 SH   DFND 1 1,883,549 0 0
UDR INC COM 902653104 6,531 173,828 SH   SOLE 173,828 0 0
UNITED TECHNOLOGIES CORP COM 913017109 18,031 187,686 SH   SOLE 187,686 0 0
URBAN EDGE PPTYS COM 91704F104 504 21,481 SH   SOLE 21,481 0 0
V F CORP COM 918204108 58,151 934,153 SH   DFND 1 934,153 0 0
VARIAN MED SYS INC COM 92220P105 111,034 1,374,183 SH   DFND 1 1,374,183 0 0
VENTAS INC COM 92276F100 12,341 218,689 SH   SOLE 218,689 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 675 14,610 SH   DFND 1 14,610 0 0
VORNADO RLTY TR SH BEN INT 929042109 14,091 140,971 SH   SOLE 140,971 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 139,031 1,632,687 SH   DFND 1 1,632,687 0 0
WELLS FARGO & CO NEW COM 949746101 38,094 700,766 SH   DFND 1 700,766 0 0
WISDOMTREE TR LARGECAP DIVID 97717W307 7,156 100,585 SH   DFND 1 100,585 0 0
WISDOMTREE TR EUROPE HEDGED E 97717X701 2,043 37,975 SH   DFND 1 37,975 0 0
XYLEM INC COM 98419M100 544 14,900 SH   SOLE 14,900 0 0
YANDEX N V SHS CLASS A N97284108 464 29,500 SH   SOLE 29,500 0 0
ZIONS BANCORPORATION COM 989701107 13,300 487,183 SH   SOLE 487,183 0 0