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 111,753 634,129 SH   DFND 1 634,129 0 0
ACTIVISION BLIZZARD INC COM 00507V109 33,920 765,678 SH   SOLE   765,678 0 0
AGCO CORP COM 001084102 3,734 75,700 SH   SOLE   75,700 0 0
AIR PRODS & CHEMS INC COM 009158106 119,595 795,500 SH   DFND 1 795,500 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 7,440 68,401 SH   SOLE   68,401 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 45,341 428,594 SH   DFND 1 428,594 0 0
ALPHABET INC CAP STK CL C 02079K107 229,248 294,933 SH   DFND 1 294,933 0 0
ALTRIA GROUP INC COM 02209S103 31,038 490,873 SH   SOLE   490,873 0 0
AMAZON COM INC COM 023135106 270,803 323,420 SH   DFND 1 323,420 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 5,656 111,189 SH   SOLE   111,189 0 0
AMERICAN TOWER CORP NEW COM 03027X100 44,399 391,767 SH   DFND 1 391,767 0 0
AMERISOURCEBERGEN CORP COM 03073E105 97,639 1,208,708 SH   DFND 1 1,208,708 0 0
AMGEN INC COM 031162100 223,503 1,339,865 SH   DFND 1 1,339,865 0 0
ANADARKO PETE CORP COM 032511107 79,265 1,251,023 SH   SOLE   1,251,023 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 3,305 71,986 SH   SOLE   71,986 0 0
APPLE INC COM 037833100 66,473 587,995 SH   DFND 1 587,995 0 0
ARAMARK COM 03852U106 23,608 620,774 SH   SOLE   620,774 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 3,328 78,918 SH   DFND 1 78,918 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 40,760 462,133 SH   SOLE   462,133 0 0
AVALONBAY CMNTYS INC COM 053484101 13,231 74,400 SH   SOLE   74,400 0 0
BLACKROCK INC COM 09247X101 106,627 294,176 SH   DFND 1 294,176 0 0
BORGWARNER INC COM 099724106 2,127 60,448 SH   SOLE   60,448 0 0
BOSTON PROPERTIES INC COM 101121101 29,742 218,227 SH   SOLE   218,227 0 0
BRF SA SPONSORED ADR 10552T107 1,657 97,144 SH   SOLE   97,144 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 633 18,000 SH   SOLE   18,000 0 0
BUNGE LIMITED COM G16962105 2,238 37,780 SH   SOLE   37,780 0 0
CAMDEN PPTY TR SH BEN INT 133131102 4,822 57,578 SH   SOLE   57,578 0 0
CANADIAN PAC RY LTD COM 13645T100 145,618 953,621 SH   DFND 1 953,621 0 0
CARMAX INC COM 143130102 164,482 3,083,068 SH   DFND 1 3,083,068 0 0
CBRE GROUP INC CL A 12504L109 3,313 118,394 SH   SOLE   118,394 0 0
CINEMARK HOLDINGS INC COM 17243V102 55,278 1,444,054 SH   SOLE   1,444,054 0 0
CINTAS CORP COM 172908105 40,826 362,574 SH   SOLE   362,574 0 0
CITIGROUP INC COM NEW 172967424 52,455 1,110,634 SH   DFND 1 1,110,634 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 513 10,761 SH   SOLE   10,761 0 0
COLGATE PALMOLIVE CO COM 194162103 224,258 3,024,787 SH   DFND 1 3,024,787 0 0
COSTCO WHSL CORP NEW COM 22160K105 189,067 1,239,705 SH   DFND 1 1,239,705 0 0
CREDICORP LTD COM G2519Y108 41,091 269,948 SH   SOLE   269,948 0 0
DISNEY WALT CO COM DISNEY 254687106 123,437 1,329,279 SH   DFND 1 1,329,279 0 0
DOUGLAS EMMETT INC COM 25960P109 1,830 49,947 SH   SOLE   49,947 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 20,167 301,131 SH   SOLE   301,131 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 80,287 1,003,088 SH   SOLE   1,003,088 0 0
ECOLAB INC COM 278865100 154,470 1,269,058 SH   DFND 1 1,269,058 0 0
ELECTRONIC ARTS INC COM 285512109 69,436 813,072 SH   SOLE   813,072 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 14,175 821,281 SH   DFND 1 821,281 0 0
EQUINIX INC COM PAR $0.001 29444U700 218,231 605,776 SH   DFND 1 605,776 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 9,033 140,410 SH   SOLE   140,410 0 0
ESSEX PPTY TR INC COM 297178105 10,582 47,518 SH   SOLE   47,518 0 0
FACEBOOK INC CL A 30303M102 99,315 774,266 SH   DFND 1 774,266 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 3,857 25,060 SH   SOLE   25,060 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 42,181 547,028 SH   SOLE   547,028 0 0
GENERAL ELECTRIC CO COM 369604103 1,149 38,804 SH   DFND 1 38,804 0 0
HALLIBURTON CO COM 406216101 16,317 363,561 SH   SOLE   363,561 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 100,800 2,354,044 SH   DFND 1 2,354,044 0 0
HCP INC COM 40414L109 1,967 51,844 SH   SOLE   51,844 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 925 12,867 SH   SOLE   12,867 0 0
HOME DEPOT INC COM 437076102 84,141 653,876 SH   DFND 1 653,876 0 0
HONEYWELL INTL INC COM 438516106 2,875 24,658 SH   SOLE   24,658 0 0
HOST HOTELS & RESORTS INC COM 44107P104 3,889 249,792 SH   SOLE   249,792 0 0
ICICI BK LTD ADR 45104G104 46,953 6,285,491 SH   SOLE   6,285,491 0 0
INDUSTRIAS BACHOCO S A B DE SPON ADR B 456463108 1,856 37,000 SH   SOLE   37,000 0 0
INFOSYS LTD SPONSORED ADR 456788108 532 33,706 SH   SOLE   33,706 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 162,391 1,135,841 SH   SOLE   1,135,841 0 0
INTL PAPER CO COM 460146103 1,847 38,490 SH   SOLE   38,490 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 7,813 10,779 SH   SOLE   10,779 0 0
ISHARES TR TIPS BD ETF 464287176 2,882 24,740 SH   SOLE   24,740 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 2,842 74,776 SH   SOLE   74,776 0 0
ISHARES TR CORE US AGGBD ET 464287226 4,391 39,056 SH   DFND 1 39,056 0 0
ISHARES TR IBOXX INV CP ETF 464287242 4,586 37,226 SH   DFND 1 37,226 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 5,128 60,300 SH   SOLE   60,300 0 0
ISHARES TR MSCI ACWI ETF 464288257 133,936 2,266,258 SH   DFND 1 2,266,258 0 0
ISHARES TR 1-3 YR CR BD ETF 464288646 3,110 29,400 SH   SOLE   29,400 0 0
ISHARES TR MSCI INDIA ETF 46429B598 24,091 819,147 SH   SOLE   819,147 0 0
ISHARES TR FLTG RATE BD ETF 46429B655 2,538 50,000 SH   SOLE   50,000 0 0
JPMORGAN CHASE & CO COM 46625H100 277,260 4,163,688 SH   DFND 1 4,163,688 0 0
KAR AUCTION SVCS INC COM 48238T109 78,091 1,809,341 SH   DFND 1 1,809,341 0 0
KILROY RLTY CORP COM 49427F108 6,879 99,199 SH   SOLE   99,199 0 0
KIMBERLY CLARK CORP COM 494368103 127,396 1,009,955 SH   DFND 1 1,009,955 0 0
KIMCO RLTY CORP COM 49446R109 4,235 146,303 SH   SOLE   146,303 0 0
KROGER CO COM 501044101 352 11,869 SH   SOLE   11,869 0 0
LEGGETT & PLATT INC COM 524660107 23,459 514,675 SH   SOLE   514,675 0 0
LKQ CORP COM 501889208 541 15,263 SH   SOLE   15,263 0 0
LOCKHEED MARTIN CORP COM 539830109 119,779 499,662 SH   SOLE   499,662 0 0
MACERICH CO COM 554382101 9,748 120,538 SH   SOLE   120,538 0 0
MASTERCARD INCORPORATED CL A 57636Q104 202,072 1,985,578 SH   DFND 1 1,985,578 0 0
MICROSOFT CORP COM 594918104 595 10,336 SH   SOLE   10,336 0 0
MIDDLEBY CORP COM 596278101 3,375 27,300 SH   SOLE   27,300 0 0
MOBILEYE N V AMSTELVEEN ORD SHS N51488117 92,543 2,173,903 SH   DFND 1 2,173,903 0 0
MOODYS CORP COM 615369105 50,274 464,297 SH   SOLE   464,297 0 0
MOSAIC CO NEW COM 61945C103 4,256 174,000 SH   SOLE   174,000 0 0
MUELLER WTR PRODS INC COM SER A 624758108 681 54,287 SH   SOLE   54,287 0 0
NETFLIX INC COM 64110L106 71,046 720,914 SH   DFND 1 720,914 0 0
NEXTERA ENERGY INC COM 65339F101 105,598 863,293 SH   SOLE   863,293 0 0
PFIZER INC COM 717081103 143,186 4,227,505 SH   DFND 1 4,227,505 0 0
PNC FINL SVCS GROUP INC COM 693475105 9,031 100,243 SH   SOLE   100,243 0 0
POWERSHARES ETF TR II PFD PORTFOLIO 73936T565 454 30,000 SH   SOLE   30,000 0 0
POWERSHARES ETF TRUST FINL PFD PTFL 73935X229 572 30,000 SH   SOLE   30,000 0 0
PROLOGIS INC COM 74340W103 23,344 436,004 SH   SOLE   436,004 0 0
PUBLIC STORAGE COM 74460D109 10,709 47,992 SH   SOLE   47,992 0 0
REGENCY CTRS CORP COM 758849103 8,626 111,322 SH   SOLE   111,322 0 0
SCHLUMBERGER LTD COM 806857108 35,804 455,288 SH   DFND 1 455,288 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 919 40,470 SH   SOLE   40,470 0 0
SERVICE CORP INTL COM 817565104 75,576 2,847,626 SH   DFND 1 2,847,626 0 0
SIMON PPTY GROUP INC NEW COM 828806109 103,881 501,814 SH   SOLE   501,814 0 0
SL GREEN RLTY CORP COM 78440X101 6,687 61,861 SH   SOLE   61,861 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 57,546 2,139,243 SH   SOLE   2,139,243 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 4,782 38,056 SH   SOLE   38,056 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 1,396 41,813 SH   SOLE   41,813 0 0
STERICYCLE INC COM 858912108 1,395 17,412 SH   SOLE   17,412 0 0
SVB FINL GROUP COM 78486Q101 2,166 19,591 SH   SOLE   19,591 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 148,426 4,852,108 SH   DFND 1 4,852,108 0 0
TAL ED GROUP ADS REPSTG COM 874080104 906 12,784 SH   SOLE   12,784 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 6,759 173,485 SH   SOLE   173,485 0 0
TATA MTRS LTD SPONSORED ADR 876568502 7,588 189,799 SH   SOLE   189,799 0 0
TAUBMAN CTRS INC COM 876664103 2,777 37,320 SH   SOLE   37,320 0 0
TJX COS INC NEW COM 872540109 121,222 1,621,053 SH   DFND 1 1,621,053 0 0
UDR INC COM 902653104 6,426 178,536 SH   SOLE   178,536 0 0
UNION PAC CORP COM 907818108 74,092 759,688 SH   DFND 1 759,688 0 0
UNITED PARCEL SERVICE INC CL B 911312106 61,409 561,533 SH   DFND 1 561,533 0 0
V F CORP COM 918204108 19,765 352,634 SH   SOLE   352,634 0 0
VANGUARD INDEX FDS REIT ETF 922908553 4,436 51,147 SH   DFND 1 51,147 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 1,460 24,000 SH   SOLE   24,000 0 0
VARIAN MED SYS INC COM 92220P105 85,907 863,123 SH   DFND 1 863,123 0 0
VENTAS INC COM 92276F100 15,072 213,398 SH   SOLE   213,398 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 757 14,556 SH   DFND 1 14,556 0 0
VORNADO RLTY TR SH BEN INT 929042109 14,707 145,309 SH   SOLE   145,309 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 29,551 366,550 SH   DFND 1 366,550 0 0
WELLS FARGO & CO NEW COM 949746101 97,883 2,210,545 SH   DFND 1 2,210,545 0 0
WISDOMTREE TR LARGECAP DIVID 97717W307 7,153 92,933 SH   DFND 1 92,933 0 0
YANDEX N V SHS CLASS A N97284108 601 28,555 SH   SOLE   28,555 0 0
ZIONS BANCORPORATION COM 989701107 23,723 764,773 SH   SOLE   764,773 0 0