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
ABAXIS INC COM 002567105 3,881 73,546 SH   SOLE   73,546 0 0
AFFILIATED MANAGERS GROUP COM 008252108 5,942 40,894 SH   SOLE   40,894 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 3,798 83,373 SH   SOLE   83,373 0 0
AGREE REALTY CORP COM 008492100 6,103 132,538 SH   SOLE   132,538 0 0
ALIGN TECHNOLOGY INC COM 016255101 4,570 47,535 SH   SOLE   47,535 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 20,506 320,411 SH   SOLE   320,411 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 13,295 267,138 SH   SOLE   267,138 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 11,202 533,914 SH   SOLE   533,914 0 0
AMERICAN TOWER CORP NEW COM 03027X100 79,361 750,957 SH   SOLE   750,957 0 0
AMETEK INC NEW COM 031100100 50,013 1,029,075 SH   SOLE   1,029,075 0 0
AON PLC SHS CL A G0408V102 1,859 16,665 SH   SOLE   16,665 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 3,269 59,437 SH   SOLE   59,437 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 3,604 35,063 SH   SOLE   35,063 0 0
AUTOZONE INC COM 053332102 13,757 17,419 SH   SOLE   17,419 0 0
AVALONBAY CMNTYS INC COM 053484101 28,385 160,230 SH   SOLE   160,230 0 0
AVERY DENNISON CORP COM 053611109 5,942 84,621 SH   SOLE   84,621 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 5,941 91,019 SH   SOLE   91,019 0 0
BEMIS INC COM 081437105 5,750 120,252 SH   SOLE   120,252 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 8,670 355,042 SH   SOLE   355,042 0 0
CALATLANTIC GROUP INC COM 128195104 22,274 654,914 SH   SOLE   654,914 0 0
CANADIAN PAC RY LTD COM 13645T100 10,766 75,405 SH   SOLE   75,405 0 0
CARMAX INC COM 143130102 23,941 371,807 SH   SOLE   371,807 0 0
CERNER CORP COM 156782104 17,936 378,633 SH   SOLE   378,633 0 0
CHOICE HOTELS INTL INC COM 169905106 85,447 1,524,485 SH   SOLE   1,524,485 0 0
CHURCH & DWIGHT INC COM 171340102 44,229 1,000,890 SH   SOLE   1,000,890 0 0
CINTAS CORP COM 172908105 3,186 27,569 SH   SOLE   27,569 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 22,707 405,259 SH   SOLE   405,259 0 0
COLGATE PALMOLIVE CO COM 194162103 22,333 341,274 SH   SOLE   341,274 0 0
COPART INC COM 217204106 2,537 45,792 SH   SOLE   45,792 0 0
CORECIVIC INC COM 21871N101 5,938 242,747 SH   SOLE   242,747 0 0
COSTAR GROUP INC COM 22160N109 7,147 37,916 SH   SOLE   37,916 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 62,703 722,633 SH   SOLE   722,633 0 0
CROWN HOLDINGS INC COM 228368106 8,042 152,977 SH   SOLE   152,977 0 0
CUBESMART COM 229663109 13,853 517,481 SH   SOLE   517,481 0 0
DANAHER CORP DEL COM 235851102 3,175 40,794 SH   SOLE   40,794 0 0
DDR CORP COM 23317H102 5,628 368,545 SH   SOLE   368,545 0 0
DENTSPLY SIRONA INC COM 24906P109 4,867 84,308 SH   SOLE   84,308 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 18,000 198,522 SH   SOLE   198,522 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 26,436 217,905 SH   SOLE   217,905 0 0
EASTGROUP PPTY INC COM 277276101 6,627 89,749 SH   SOLE   89,749 0 0
EDUCATION RLTY TR INC COM NEW 28140H203 6,515 154,009 SH   SOLE   154,009 0 0
EQUIFAX INC COM 294429105 35,776 302,594 SH   SOLE   302,594 0 0
EQUINIX INC COM PAR $0.001 29444U700 24,098 67,423 SH   SOLE   67,423 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 5,319 73,772 SH   SOLE   73,772 0 0
ESSEX PPTY TR INC COM 297178105 10,291 44,262 SH   SOLE   44,262 0 0
EVEREST RE GROUP LTD COM G3223R108 10,209 47,177 SH   SOLE   47,177 0 0
EXPEDITORS INTL WASH INC COM 302130109 4,265 80,525 SH   SOLE   80,525 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 35,170 2,177,683 SH   SOLE   2,177,683 0 0
EXTRA SPACE STORAGE INC COM 30225T102 12,467 161,401 SH   SOLE   161,401 0 0
FACTSET RESH SYS INC COM 303075105 20,480 125,313 SH   SOLE   125,313 0 0
FASTENAL CO COM 311900104 4,921 104,754 SH   SOLE   104,754 0 0
FEDEX CORP COM 31428X106 21,095 113,294 SH   SOLE   113,294 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 16,278 215,202 SH   SOLE   215,202 0 0
FISERV INC COM 337738108 13,206 124,254 SH   SOLE   124,254 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 68,124 481,375 SH   SOLE   481,375 0 0
FORTIVE CORP COM 34959J108 3,662 68,278 SH   SOLE   68,278 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 22,347 729,813 SH   SOLE   729,813 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 8,496 340,103 SH   SOLE   340,103 0 0
GENPACT LIMITED SHS G3922B107 1,556 63,942 SH   SOLE   63,942 0 0
GILDAN ACTIVEWEAR INC COM 375916103 22,122 871,988 SH   SOLE   871,988 0 0
GLOBAL PMTS INC COM 37940X102 27,338 393,859 SH   SOLE   393,859 0 0
GRACE W R & CO DEL NEW COM 38388F108 23,112 341,693 SH   SOLE   341,693 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 3,650 76,000 SH   SOLE   76,000 0 0
HEALTHCARE RLTY TR COM 421946104 5,844 192,733 SH   SOLE   192,733 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 11,732 403,024 SH   SOLE   403,024 0 0
HENRY JACK & ASSOC INC COM 426281101 4,128 46,501 SH   SOLE   46,501 0 0
HERSHEY CO COM 427866108 5,767 55,759 SH   SOLE   55,759 0 0
HORMEL FOODS CORP COM 440452100 19,717 566,423 SH   SOLE   566,423 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 4,162 131,138 SH   SOLE   131,138 0 0
HUNT J B TRANS SVCS INC COM 445658107 4,247 43,747 SH   SOLE   43,747 0 0
IHS MARKIT LTD SHS G47567105 10,723 302,832 SH   SOLE   302,832 0 0
INTERPUBLIC GROUP COS INC COM 460690100 3,463 147,923 SH   SOLE   147,923 0 0
INTERXION HOLDING N.V SHS N47279109 75,692 2,158,324 SH   SOLE   2,158,324 0 0
INTUIT COM 461202103 3,323 28,990 SH   SOLE   28,990 0 0
KAR AUCTION SVCS INC COM 48238T109 5,358 125,711 SH   SOLE   125,711 0 0
KIMCO RLTY CORP COM 49446R109 11,405 453,291 SH   SOLE   453,291 0 0
KNIGHT TRANSN INC COM 499064103 9,058 274,084 SH   SOLE   274,084 0 0
KRAFT HEINZ CO COM 500754106 10,611 121,519 SH   SOLE   121,519 0 0
LA QUINTA HLDGS INC COM 50420D108 18,601 1,309,012 SH   SOLE   1,309,012 0 0
LAUDER ESTEE COS INC CL A 518439104 5,770 75,431 SH   SOLE   75,431 0 0
LIBERTY PPTY TR SH BEN INT 531172104 34,594 875,789 SH   SOLE   875,789 0 0
LIFE STORAGE INC COM 53223X107 17,945 210,479 SH   SOLE   210,479 0 0
LKQ CORP COM 501889208 55,601 1,814,050 SH   SOLE   1,814,050 0 0
LOWES COS INC COM 548661107 18,300 257,316 SH   SOLE   257,316 0 0
MASTERCARD INCORPORATED CL A 57636Q104 13,204 127,882 SH   SOLE   127,882 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 16,987 240,063 SH   SOLE   240,063 0 0
MERITAGE HOMES CORP COM 59001A102 15,763 452,955 SH   SOLE   452,955 0 0
MGM GROWTH PPTYS LLC CL A COM 55303A105 4,497 177,696 SH   SOLE   177,696 0 0
MIDDLEBY CORP COM 596278101 22,003 170,815 SH   SOLE   170,815 0 0
MONDELEZ INTL INC CL A 609207105 16,322 368,194 SH   SOLE   368,194 0 0
MOODYS CORP COM 615369105 23,775 252,206 SH   SOLE   252,206 0 0
MSC INDL DIRECT INC CL A 553530106 20,922 226,454 SH   SOLE   226,454 0 0
MSCI INC COM 55354G100 9,111 115,656 SH   SOLE   115,656 0 0
NEWELL BRANDS INC COM 651229106 16,254 364,033 SH   SOLE   364,033 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 23,254 83,526 SH   SOLE   83,526 0 0
OLD DOMINION FGHT LINES INC COM 679580100 3,364 39,211 SH   SOLE   39,211 0 0
PATTERSON COMPANIES INC COM 703395103 8,896 216,813 SH   SOLE   216,813 0 0
PAYCHEX INC COM 704326107 3,597 59,088 SH   SOLE   59,088 0 0
PAYCOM SOFTWARE INC COM 70432V102 5,298 116,466 SH   SOLE   116,466 0 0
PAYLOCITY HLDG CORP COM 70438V106 14,537 484,419 SH   SOLE   484,419 0 0
PAYPAL HLDGS INC COM 70450Y103 33,329 844,426 SH   SOLE   844,426 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 3,939 132,411 SH   SOLE   132,411 0 0
PERKINELMER INC COM 714046109 11,074 212,341 SH   SOLE   212,341 0 0
POOL CORPORATION COM 73278L105 14,887 142,677 SH   SOLE   142,677 0 0
PPG INDS INC COM 693506107 5,819 61,410 SH   SOLE   61,410 0 0
PREMIER INC CL A 74051N102 36,259 1,194,300 SH   SOLE   1,194,300 0 0
PRICELINE GRP INC COM NEW 741503403 3,677 2,508 SH   SOLE   2,508 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 8,109 69,597 SH   SOLE   69,597 0 0
REALPAGE INC COM 75606N109 27,363 912,109 SH   SOLE   912,109 0 0
REGENCY CTRS CORP COM 758849103 33,360 483,830 SH   SOLE   483,830 0 0
RETAIL PPTYS AMER INC CL A 76131V202 30,103 1,963,679 SH   SOLE   1,963,679 0 0
RLJ LODGING TR COM 74965L101 5,904 241,082 SH   SOLE   241,082 0 0
ROPER TECHNOLOGIES INC COM 776696106 3,460 18,899 SH   SOLE   18,899 0 0
S&P GLOBAL INC COM 78409V104 24,413 227,009 SH   SOLE   227,009 0 0
SABRE CORP COM 78573M104 52,269 2,094,948 SH   SOLE   2,094,948 0 0
SBA COMMUNICATIONS CORP COM 78388J106 14,973 145,007 SH   SOLE   145,007 0 0
SELECT INCOME REIT COM SH BEN INT 81618T100 5,117 203,038 SH   SOLE   203,038 0 0
SILVER BAY RLTY TR CORP COM 82735Q102 13,815 806,025 SH   SOLE   806,025 0 0
SIMON PPTY GROUP INC NEW COM 828806109 9,656 54,347 SH   SOLE   54,347 0 0
SMUCKER J M CO COM NEW 832696405 11,639 90,887 SH   SOLE   90,887 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 6,482 29,000 SH   SOLE   29,000 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 60,311 5,553,537 SH   SOLE   5,553,537 0 0
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 30,727 1,074,354 SH   SOLE   1,074,354 0 0
STARBUCKS CORP COM 855244109 3,265 58,809 SH   SOLE   58,809 0 0
STERICYCLE INC COM 858912108 35,890 465,859 SH   SOLE   465,859 0 0
STERIS PLC SHS USD G84720104 4,219 62,603 SH   SOLE   62,603 0 0
STORE CAP CORP COM 862121100 44,226 1,789,805 SH   SOLE   1,789,805 0 0
SUN CMNTYS INC COM 866674104 12,494 163,090 SH   SOLE   163,090 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 5,453 357,578 SH   SOLE   357,578 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 8,319 232,491 SH   SOLE   232,491 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 10,368 73,481 SH   SOLE   73,481 0 0
TRANSUNION COM 89400J107 29,822 964,178 SH   SOLE   964,178 0 0
TRIPADVISOR INC COM 896945201 16,808 362,470 SH   SOLE   362,470 0 0
TRIVAGO N V SPON ADS A SHS 89686D105 2,290 194,916 SH   SOLE   194,916 0 0
UDR INC COM 902653104 6,418 175,942 SH   SOLE   175,942 0 0
ULTIMATE SOFTWARE GROUP INC COM 90385D107 14,904 81,732 SH   SOLE   81,732 0 0
UNION PAC CORP COM 907818108 14,760 142,361 SH   SOLE   142,361 0 0
UNITED NAT FOODS INC COM 911163103 6,432 134,778 SH   SOLE   134,778 0 0
VAIL RESORTS INC COM 91879Q109 2,343 14,524 SH   SOLE   14,524 0 0
VANGUARD INDEX FDS REIT ETF 922908553 5,485 66,465 SH   SOLE   66,465 0 0
VANTIV INC CL A 92210H105 5,871 98,471 SH   SOLE   98,471 0 0
VCA INC COM 918194101 19,911 290,041 SH   SOLE   290,041 0 0
VENTAS INC COM 92276F100 10,724 171,525 SH   SOLE   171,525 0 0
VEREIT INC COM 92339V100 7,885 932,042 SH   SOLE   932,042 0 0
VERISK ANALYTICS INC COM 92345Y106 10,996 135,464 SH   SOLE   135,464 0 0
VISA INC COM CL A 92826C839 19,628 251,573 SH   SOLE   251,573 0 0
WASTE CONNECTIONS INC COM 94106B101 31,949 406,526 SH   SOLE   406,526 0 0
WATERS CORP COM 941848103 10,927 81,309 SH   SOLE   81,309 0 0
WATSCO INC COM 942622200 19,375 130,809 SH   SOLE   130,809 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 8,893 248,485 SH   SOLE   248,485 0 0
WELLTOWER INC COM 95040Q104 4,934 73,717 SH   SOLE   73,717 0 0
WEYERHAEUSER CO COM 962166104 16,863 560,410 SH   SOLE   560,410 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 5,811 6,951 SH   SOLE   6,951 0 0
XL GROUP LTD COM G98294104 3,660 98,225 SH   SOLE   98,225 0 0
ZOETIS INC CL A 98978V103 8,725 162,987 SH   SOLE   162,987 0 0