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
ABERCROMBIE & FITCH CO CL A CL A 002896207 6,994 348,829 SH   SOLE   348,829 0 0
AERCAP HOLDINGS NV SHS SHS N00985106 131 3,300 SH   SOLE   3,300 0 0
ALEXANDRIA REAL ESTATE EQ IN COM COM 015271109 10,504 91,155 SH   SOLE   29,455 0 61,700
ALLEGION PUB LTD CO ORD SHS SHS G0176J109 2,822 35,400 SH   SOLE   35,400 0 0
ALLIANT ENERGY CORP COM COM 018802108 184 4,346 SH   SOLE   4,346 0 0
ALPHABET INC CAP STK CL A CL A 02079K305 3,939 3,769 SH   SOLE   3,769 0 0
AMERICAN CAMPUS CMNTYS INC COM COM 024835100 37 905 SH   SOLE   905 0 0
AMERICAN EAGLE OUTFITTERS NE COM COM 02553E106 3,131 161,970 SH   SOLE   161,970 0 0
AMERICAN EQTY INVT LIFE HLD COM COM 025676206 5,044 180,515 SH   SOLE   180,515 0 0
AMERICAN HOMES 4 RENT CL A CL A 02665T306 20 1,017 SH   SOLE   1,017 0 0
AMERICAN TOWER CORP NEW COM COM 03027X100 114 719 SH   SOLE   719 0 0
AMERICAN WTR WKS CO INC NEW COM COM 030420103 63 698 SH   SOLE   698 0 0
ANTERO RES CORP COM COM 03674X106 87 9,265 SH   SOLE   9,265 0 0
APARTMENT INVT & MGMT CO CL A CL A 03748R101 50 1,150 SH   SOLE   1,150 0 0
APPLE HOSPITALITY REIT INC COM NEW COM NEW 03784Y200 30 2,111 SH   SOLE   2,111 0 0
APPLIED MATLS INC COM COM 038222105 2,462 75,215 SH   SOLE   75,215 0 0
ARES CAP CORP COM COM 04010L103 18,535 1,189,635 SH   SOLE   1,189,635 0 0
ARGO GROUP INTL HLDGS LTD COM COM G0464B107 5,287 78,620 SH   SOLE   78,620 0 0
ASHFORD HOSPITALITY TR INC COM SHS SHS 044103109 17 4,230 SH   SOLE   4,230 0 0
AVALONBAY CMNTYS INC COM COM 053484101 13,285 76,328 SH   SOLE   24,910 0 51,418
HOPE BANCORP INC COM COM 43940T109 3,675 309,828 SH   SOLE   309,828 0 0
BLACKROCK INC COM COM 09247X101 2,835 7,219 SH   SOLE   7,219 0 0
BOOKING HLDGS INC COM COM 09857L108 2,631 1,528 SH   SOLE   1,528 0 0
BOSTON PROPERTIES INC COM COM 101121101 115 1,023 SH   SOLE   1,023 0 0
BRANDYWINE RLTY TR SH BEN INT NEW SH BEN INT NEW 105368203 20 1,523 SH   SOLE   1,523 0 0
BRIXMOR PPTY GROUP INC COM COM 11120U105 55 3,713 SH   SOLE   3,713 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN UNIT LTD PARTN G16249107 141 6,416 SH   SOLE   6,416 0 0
BROOKFIELD PROPERTY REIT INC CL A CL A 11282X103 151 9,400 SH   SOLE   9,400 0 0
BRUNSWICK CORP COM COM 117043109 10,754 231,528 SH   SOLE   231,528 0 0
CABOT CORP COM COM 127055101 5,430 126,445 SH   SOLE   126,445 0 0
CAMDEN PPTY TR SH BEN INT SH BEN INT 133131102 54 614 SH   SOLE   614 0 0
CDN IMPERIAL BK COMM TORONTO COM COM 136069101 24,683 242,750 SH   SOLE   242,750 0 0
CANADIAN PAC RY LTD COM COM 13645T100 86 355 SH   SOLE   355 0 0
CAPITAL ONE FINL CORP COM COM 14040H105 144 1,900 SH   SOLE   1,900 0 0
CARDINAL HEALTH INC COM COM 14149Y108 16,347 366,535 SH   SOLE   366,535 0 0
CBL & ASSOC PPTYS INC COM COM 124830100 19 10,141 SH   SOLE   10,141 0 0
CHENIERE ENERGY INC COM NEW COM NEW 16411R208 117 1,976 SH   SOLE   1,976 0 0
CISCO SYS INC COM COM 17275R102 3,053 70,448 SH   SOLE   70,448 0 0
CITIGROUP INC COM NEW COM NEW 172967424 92 1,770 SH   SOLE   1,770 0 0
CMS ENERGY CORP COM COM 125896100 190 3,818 SH   SOLE   3,818 0 0
COLUMBIA PPTY TR INC COM NEW COM NEW 198287203 21 1,079 SH   SOLE   1,079 0 0
COPA HOLDINGS SA CL A CL A P31076105 13,254 168,395 SH   SOLE   168,395 0 0
COREPOINT LODGING INC COM COM 21872L104 4 324 SH   SOLE   324 0 0
CORESITE RLTY CORP COM COM 21870Q105 7,100 81,387 SH   SOLE   27,173 0 54,214
CORPORATE OFFICE PPTYS TR SH BEN INT SH BEN INT 22002T108 7,770 369,529 SH   SOLE   120,129 0 249,400
COUSINS PPTYS INC COM COM 222795106 7,170 907,600 SH   SOLE   290,300 0 617,300
CSX CORP COM COM 126408103 86 1,380 SH   SOLE   1,380 0 0
CUBESMART COM COM 229663109 20,600 718,030 SH   SOLE   718,030 0 0
CUSTOMERS BANCORP INC COM COM 23204G100 58 3,165 SH   SOLE   3,165 0 0
DEERE & CO COM COM 244199105 3,436 23,031 SH   SOLE   23,031 0 0
DEL FRISCOS RESTAURANT GROUP COM COM 245077102 3,042 425,434 SH   SOLE   425,434 0 0
DELEK US HLDGS INC NEW COM COM 24665A103 4,216 129,671 SH   SOLE   129,671 0 0
DIAMONDROCK HOSPITALITY CO COM COM 252784301 3,226 355,293 SH   SOLE   355,293 0 0
DIGITAL RLTY TR INC COM COM 253868103 82 770 SH   SOLE   770 0 0
DOUGLAS EMMETT INC COM COM 25960P109 25 727 SH   SOLE   727 0 0
DUKE ENERGY CORP NEW COM NEW COM NEW 26441C204 34 398 SH   SOLE   398 0 0
DUKE REALTY CORP COM NEW COM NEW 264411505 42 1,630 SH   SOLE   1,630 0 0
EASTGROUP PPTY INC COM COM 277276101 752 8,200 SH   SOLE   0 0 8,200
EMPIRE ST RLTY TR INC CL A CL A 292104106 11,746 825,474 SH   SOLE   436,312 0 389,162
ENBRIDGE INC COM COM 29250N105 47 1,108 SH   SOLE   1,108 0 0
ENERSYS COM COM 29275Y102 7,341 94,588 SH   SOLE   94,588 0 0
EPR PPTYS COM SH BEN INT SH BEN INT 26884U109 9,273 144,811 SH   SOLE   47,411 0 97,400
EQUINIX INC COM PAR $0.001 COM PAR $0.001 29444U700 114 324 SH   SOLE   324 0 0
EQUITY COMWLTH COM SH BEN INT SH BEN INT 294628102 22 722 SH   SOLE   722 0 0
EQUITY LIFESTYLE PPTYS INC COM COM 29472R108 33 337 SH   SOLE   337 0 0
EQUITY RESIDENTIAL SH BEN INT SH BEN INT 29476L107 235 3,556 SH   SOLE   3,556 0 0
ESSEX PPTY TR INC COM COM 297178105 62 253 SH   SOLE   253 0 0
LAUDER ESTEE COS INC CL A CL A 518439104 3,247 24,952 SH   SOLE   24,952 0 0
EVERGY INC COM COM 30034W106 201 3,536 SH   SOLE   3,536 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B UNIT 99/99/9999B 30224P200 34 2,221 SH   SOLE   2,221 0 0
EXTRA SPACE STORAGE INC COM COM 30225T102 44 489 SH   SOLE   489 0 0
EXXON MOBIL CORP COM COM 30231G102 22,162 325,005 SH   SOLE   325,005 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW SH BEN INT NEW 313747206 43 368 SH   SOLE   368 0 0
FIRST SOLAR INC COM COM 336433107 10,838 255,283 SH   SOLE   255,283 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM COM 31620R303 19,073 606,625 SH   SOLE   606,625 0 0
GILEAD SCIENCES INC COM COM 375558103 23,385 373,880 SH   SOLE   373,880 0 0
HCP INC COM COM 40414L109 140 5,022 SH   SOLE   5,022 0 0
HEALTHCARE RLTY TR COM COM 421946104 4,098 144,090 SH   SOLE   144,090 0 0
HEALTHCARE TR AMER INC CL A NEW CL A NEW 42225P501 9,598 379,262 SH   SOLE   123,422 0 255,840
HIGHWOODS PPTYS INC COM COM 431284108 27 692 SH   SOLE   692 0 0
HOST HOTELS & RESORTS INC COM COM 44107P104 10,396 623,557 SH   SOLE   229,951 0 393,606
HUDSON PAC PPTYS INC COM COM 444097109 15 500 SH   SOLE   500 0 0
HUNTINGTON BANCSHARES INC COM COM 446150104 16,698 1,400,800 SH   SOLE   1,400,800 0 0
INTEL CORP COM COM 458140100 2,525 53,803 SH   SOLE   53,803 0 0
INVESCO LTD SHS SHS G491BT108 16,631 993,535 SH   SOLE   993,535 0 0
INVITATION HOMES INC COM COM 46187W107 10,207 508,300 SH   SOLE   168,100 0 340,200
IQVIA HLDGS INC COM COM 46266C105 3,085 26,557 SH   SOLE   26,557 0 0
JABIL INC COM COM 466313103 5,827 235,070 SH   SOLE   235,070 0 0
JPMORGAN CHASE & CO COM COM 46625H100 3,063 31,377 SH   SOLE   31,377 0 0
KAISER ALUMINUM CORP COM PAR $0.01 COM PAR $0.01 483007704 2,681 30,028 SH   SOLE   30,028 0 0
KILROY RLTY CORP COM COM 49427F108 20 325 SH   SOLE   325 0 0
KIMCO RLTY CORP COM COM 49446R109 65 4,448 SH   SOLE   4,448 0 0
KRONOS WORLDWIDE INC COM COM 50105F105 2,978 258,500 SH   SOLE   258,500 0 0
L BRANDS INC COM COM 501797104 15,349 597,930 SH   SOLE   597,930 0 0
LEXINGTON REALTY TRUST COM COM 529043101 26 3,112 SH   SOLE   3,112 0 0
LHC GROUP INC COM COM 50187A107 11,462 122,099 SH   SOLE   122,099 0 0
LIBERTY PPTY TR SH BEN INT SH BEN INT 531172104 40 964 SH   SOLE   964 0 0
LIFE STORAGE INC COM COM 53223X107 19 200 SH   SOLE   200 0 0
LUXFER HOLDINGS PLC SHS SHS G5698W116 6,873 389,861 SH   SOLE   389,861 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - SHS - A - N53745100 23,545 283,140 SH   SOLE   283,140 0 0
MACK CALI RLTY CORP COM COM 554489104 25 1,264 SH   SOLE   1,264 0 0
MARSH & MCLENNAN COS INC COM COM 571748102 3,095 38,806 SH   SOLE   38,806 0 0
MASTERCARD INCORPORATED CL A CL A 57636Q104 3,364 17,833 SH   SOLE   17,833 0 0
MRC GLOBAL INC COM COM 55345K103 5,018 410,311 SH   SOLE   410,311 0 0
MEDICAL PPTYS TRUST INC COM COM 58463J304 30 1,846 SH   SOLE   1,846 0 0
MEDTRONIC PLC SHS SHS G5960L103 2,620 28,800 SH   SOLE   28,800 0 0
MICROSOFT CORP COM COM 594918104 3,903 38,423 SH   SOLE   38,423 0 0
MID AMER APT CMNTYS INC COM COM 59522J103 10,619 110,967 SH   SOLE   35,922 0 75,045
NATIONAL RETAIL PPTYS INC COM COM 637417106 3,451 71,158 SH   SOLE   23,468 0 47,690
NEXTERA ENERGY INC COM COM 65339F101 397 2,282 SH   SOLE   2,282 0 0
NIKE INC CL B CL B 654106103 3,060 41,264 SH   SOLE   41,264 0 0
OMEGA HEALTHCARE INVS INC COM COM 681936100 61 1,731 SH   SOLE   1,731 0 0
OMNICOM GROUP INC COM COM 681919106 11,067 151,115 SH   SOLE   151,115 0 0
PARAMOUNT GROUP INC COM COM 69924R108 20 1,565 SH   SOLE   1,565 0 0
PEMBINA PIPELINE CORP COM COM 706327103 258 6,372 SH   SOLE   6,372 0 0
PEPSICO INC COM COM 713448108 20,400 184,651 SH   SOLE   184,651 0 0
PG&E CORP COM COM 69331C108 34 1,434 SH   SOLE   1,434 0 0
PLDT INC SPONSORED ADR SPONSORED ADR 69344D408 11,233 525,410 SH   SOLE   525,410 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A CL A 720190206 23 1,369 SH   SOLE   1,369 0 0
PNM RES INC COM COM 69349H107 167 4,057 SH   SOLE   4,057 0 0
PPG INDS INC COM COM 693506107 2,135 20,889 SH   SOLE   20,889 0 0
PPL CORP COM COM 69351T106 18,573 655,570 SH   SOLE   655,570 0 0
PROLOGIS INC COM COM 74340W103 16,034 273,049 SH   SOLE   92,242 0 180,807
PRUDENTIAL FINL INC COM COM 744320102 17,645 216,370 SH   SOLE   216,370 0 0
PS BUSINESS PKS INC CALIF COM COM 69360J107 20 155 SH   SOLE   155 0 0
PUBLIC SVC ENTERPRISE GROUP COM COM 744573106 11,008 211,482 SH   SOLE   211,482 0 0
PUBLIC STORAGE COM COM 74460D109 14,124 69,779 SH   SOLE   23,236 0 46,543
REALTY INCOME CORP COM COM 756109104 88 1,390 SH   SOLE   1,390 0 0
REDWOOD TR INC COM COM 758075402 10,494 696,334 SH   SOLE   696,334 0 0
REGENCY CTRS CORP COM COM 758849103 5,486 93,512 SH   SOLE   29,906 0 63,606
RENAISSANCERE HOLDINGS LTD COM COM G7496G103 7,706 57,635 SH   SOLE   57,635 0 0
RETAIL PPTYS AMER INC CL A CL A 76131V202 23,124 2,131,175 SH   SOLE   1,788,585 0 342,590
RETAIL VALUE INC COM COM 76133Q102 2 86 SH   SOLE   86 0 0
RLJ LODGING TR COM COM 74965L101 28 1,715 SH   SOLE   1,715 0 0
SANDERSON FARMS INC COM COM 800013104 3,743 37,700 SH   SOLE   37,700 0 0
SBA COMMUNICATIONS CORP NEW CL A CL A 78410G104 193 1,195 SH   SOLE   1,195 0 0
SEMPRA ENERGY COM COM 816851109 236 2,183 SH   SOLE   2,183 0 0
SENIOR HSG PPTYS TR SH BEN INT SH BEN INT 81721M109 37 3,179 SH   SOLE   3,179 0 0
SIMON PPTY GROUP INC NEW COM COM 828806109 17,625 104,915 SH   SOLE   36,238 0 68,677
SITE CENTERS CORP COM COM 82981J109 36 3,260 SH   SOLE   3,260 0 0
SK TELECOM LTD SPONSORED ADR SPONSORED ADR 78440P108 19,683 734,425 SH   SOLE   734,425 0 0
SL GREEN RLTY CORP COM COM 78440X101 52 655 SH   SOLE   655 0 0
SLEEP NUMBER CORP COM COM 83125X103 4,631 145,948 SH   SOLE   145,948 0 0
SPIRIT AIRLS INC COM COM 848577102 6,666 115,088 SH   SOLE   115,088 0 0
STORE CAP CORP COM COM 862121100 17 600 SH   SOLE   600 0 0
STRATEGIC ED INC COM COM 86272C103 4,353 38,377 SH   SOLE   38,377 0 0
SUN CMNTYS INC COM COM 866674104 32 316 SH   SOLE   316 0 0
SUNSTONE HOTEL INVS INC NEW COM COM 867892101 1 100 SH   SOLE   0 0 100
SYNAPTICS INC COM COM 87157D109 6,582 176,894 SH   SOLE   176,894 0 0
SYSCO CORP COM COM 871829107 2,695 43,010 SH   SOLE   43,010 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR SPONSORED ADR 874039100 21,667 587,039 SH   SOLE   587,039 0 0
TANGER FACTORY OUTLET CTRS I COM COM 875465106 20 1,009 SH   SOLE   1,009 0 0
TAPESTRY INC COM COM 876030107 10,652 315,590 SH   SOLE   315,590 0 0
TAUBMAN CTRS INC COM COM 876664103 30 657 SH   SOLE   657 0 0
TECH DATA CORP COM COM 878237106 2,937 35,905 SH   SOLE   35,905 0 0
TELEFONICA BRASIL SA SPONSORED ADR SPONSORED ADR 87936R106 20,259 1,698,149 SH   SOLE   1,698,149 0 0
TENNECO INC CL A VTG COM COM 880349105 4,898 178,831 SH   SOLE   178,831 0 0
TERADYNE INC COM COM 880770102 5,751 183,257 SH   SOLE   183,257 0 0
MACERICH CO COM COM 554382101 578 13,357 SH   SOLE   1,457 0 11,900
THERMON GROUP HLDGS INC COM COM 88362T103 9,183 452,786 SH   SOLE   452,786 0 0
TRINITY INDS INC COM COM 896522109 5,650 274,418 SH   SOLE   274,418 0 0
TRITON INTL LTD CL A CL A G9078F107 17,823 573,659 SH   SOLE   573,659 0 0
TUTOR PERINI CORP COM COM 901109108 53 3,320 SH   SOLE   3,320 0 0
U S SILICA HLDGS INC COM COM 90346E103 3,496 343,403 SH   SOLE   343,403 0 0
UDR INC COM COM 902653104 54 1,352 SH   SOLE   1,352 0 0
UNION PAC CORP COM COM 907818108 139 1,002 SH   SOLE   1,002 0 0
VALERO ENERGY CORP NEW COM COM 91913Y100 10,630 141,790 SH   SOLE   141,790 0 0
VAREX IMAGING CORP COM COM 92214X106 4,235 178,841 SH   SOLE   178,841 0 0
VENTAS INC COM COM 92276F100 7,903 134,860 SH   SOLE   45,760 0 89,100
VEREIT INC COM COM 92339V100 6,800 950,992 SH   SOLE   312,400 0 638,592
VERIZON COMMUNICATIONS INC COM COM 92343V104 19,715 350,665 SH   SOLE   350,665 0 0
VISA INC COM CL A CL A 92826C839 1,813 13,739 SH   SOLE   13,739 0 0
VORNADO RLTY TR SH BEN INT SH BEN INT 929042109 100 1,610 SH   SOLE   1,610 0 0
WASHINGTON PRIME GROUP NEW COM COM 93964W108 39 7,997 SH   SOLE   7,997 0 0
WEINGARTEN RLTY INVS SH BEN INT SH BEN INT 948741103 28 1,130 SH   SOLE   1,130 0 0
WELLTOWER INC COM COM 95040Q104 206 2,969 SH   SOLE   2,969 0 0
WILLIAMS COS INC DEL COM COM 969457100 188 8,509 SH   SOLE   8,509 0 0
WOLVERINE WORLD WIDE INC COM COM 978097103 2,082 65,300 SH   SOLE   65,300 0 0
W P CAREY INC COM COM 92936U109 47 713 SH   SOLE   713 0 0
XCEL ENERGY INC COM COM 98389B100 222 4,500 SH   SOLE   4,500 0 0
XYLEM INC COM COM 98419M100 2,220 33,270 SH   SOLE   33,270 0 0