Current Holdings (from 13F, 13D)

InvestorDaiwa Securities Group Inc.
Portfolio Value$ 27,247,962,000
Current Positions968
Opened Positions5
Closed Positions59

Daiwa Securities Group Inc. has disclosed 968 total holdings in their latest SEC filings. Most recent portfolio value is calculated to be $ 27,247,962,000 USD. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). Daiwa Securities Group Inc.'s top holdings are Simon Property Group, Inc. (NYSE:SPG) , Digital Realty Trust, Inc. (NYSE:DLR) , Equinix, Inc. (NASDAQ:EQIX) , UDR, Inc. (NYSE:UDR) , and Crown Castle International Corp. (NYSE:CCI) . Daiwa Securities Group Inc.'s new positions include The Priceline Group Inc. (NASDAQ:PCLN) , Microchip Technology Inc. 1.625% Convertible Note due 2025-12-15 (595017AD6) , Salesforce.com, Inc. 0.25% Convertible Note due 2018-04-01 (79466LAD6) , CalAtlantic Group, Inc. NOTE 1.625% 5/1 (783764AQ6) , and DowDuPont Inc. (NYSE:DWDP) .


All Daiwa Securities Group Inc. holdings are listed in the following table. This data is sourced from 13D/13G, and 13F filings. Green rows indicate new positions. Red rows indicate closed positions.

This 13F was filed on 2017-11-02. Click the link icon to see the full transaction history.

Reporting PeriodFormSecurity Imputed
Share Price
Prev SharesCurrent SharesChange
(Percent)
Prev Value ($K)Current Value ($K)Change
(Percent)
2017‑09‑30 13F-HR BNO / United States Brent Oil Fund LP 15.19 15,300 16,000 4.58 199 243 22.11
2017‑09‑30 13F-HR OREX / Orexigen Therapeutics, Inc. 0.00 1,400 1,554 11.00
2017‑09‑30 13F-HR RGA / Reinsurance Group of America, Inc. 139.49 1,750 1,950 11.43 225 272 20.89
2017‑09‑30 13F-HR KNIGHT SWIFT TRANSN HLDGS / CL A (499049104) 41.55 124,188 5,160
2017‑09‑30 13F-HR 57164YAA5 / Marriott Vacations Worldwide Corp NOTE 1.500% 9/1 4,187
2017‑09‑30 13F-HR PKI / PerkinElmer, Inc. 47.62 21 1
2017‑09‑30 13F-HR PGTI / PGT, Inc. 14.95 130,000 1,944
2017‑09‑30 13F-HR POST / Post Holdings, Inc. 88.28 70,540 6,227
2017‑09‑30 13F-HR POWERSHARES QQQ / PUT (73935A954) 30.00 300 9
2017‑09‑30 13F-HR PRLB / Proto Labs, Inc. 80.26 11,400 915
2017‑09‑30 13F-HR RDUS / Radius Health, Inc. 38.50 10,000 385
2017‑09‑30 13F-HR RRGB / Red Robin Gourmet Burgers, Inc. 66.82 2,200 147
2017‑09‑30 13F-HR 79466LAD6 / Salesforce.com, Inc. 0.25% Convertible Note due 2018-04-01 42,179
2017‑09‑30 13F-HR STARWOOD WAYPOINT / (85572F105) 36.37 3,495,660 127,138
2017‑09‑30 13F-HR SUM / Summit Materials, Inc. 32.06 6,300 202
2017‑09‑30 13F-HR WERN / Werner Enterprises, Inc. 36.56 90,000 3,290
2017‑09‑30 13F-HR YNDX / Yandex N.V. 32.98 26,200 864
2017‑09‑30 13F-HR VMW / VMWare, Inc. 109.20 3,450 4,350 26.09 302 475 57.28
2017‑09‑30 13F-HR IDV / iShares International Select Dividend ETF 33.77 40,895 40,895 0.00 1,338 1,381 3.21
2017‑09‑30 13F-HR LNT / Alliant Energy Corp. 41.52 7,986 8,430 5.56 321 350 9.03
2017‑09‑30 13F-HR Y / Alleghany Corp. 553.42 730 730 0.00 434 404 -6.91
2017‑09‑30 13F-HR KIM / Kimco Realty Corporation 19.55 344,498 80,082 -76.75 6,322 1,566 -75.23
2017‑09‑30 13F-HR CIG / Cemig-Companhia Energetica 2.48 750,300 427,500 -43.02 1,800 1,060 -41.11
2017‑09‑30 13F-HR AME / Ametek, Inc. 66.04 118,842 125,576 5.67 7,199 8,293 15.20
2017‑09‑30 13F-HR GOOGL / Alphabet Inc. Class A 973.73 19,687 16,061 -18.42 18,302 15,639 -14.55
2017‑09‑30 13F-HR VALE.P / Vale S.A. Preferred Class A Shares ADR 10.07 301,200 1,115,548 270.37 2,636 11,234 326.18
2017‑09‑30 13F-HR ALL.PRA / Allstate Corp. (The) 91.92 23,600 30,341 28.56 2,087 2,789 33.64
2017‑09‑30 13F-HR AMH / American Homes 4 Rent 21.71 7,966,961 3,205,436 -59.77 179,815 69,590 -61.30
2017‑09‑30 13F-HR MNK / Maillinckrodt plc. 37.50 3,200 3,200 0.00 143 120 -16.08
2017‑09‑30 13F-HR IT / Gartner, Inc. 124.57 2,400 2,617 9.04 296 326 10.14
2017‑09‑30 13F-HR FE / FirstEnergy Corp. 30.83 12,085 13,071 8.16 352 403 14.49
2017‑09‑30 13F-HR CBS / CBS Corp. 57.99 30,441 23,693 -22.17 1,942 1,374 -29.25
2017‑09‑30 13F-HR MRVL / Marvell Technology Group Ltd. 17.90 19,200 17,600 -8.33 317 315 -0.63
2017‑09‑30 13F-HR TRV / Travelers Companies, Inc. (The) 122.53 40,563 32,514 -19.84 5,132 3,984 -22.37
2017‑09‑30 13F-HR RL / Ralph Lauren Corp. 88.25 1,700 1,711 0.65 125 151 20.80
2017‑09‑30 13F-HR TRNO / Terreno Realty Corp 36.15 4,300 5,200 20.93 145 188 29.66
2017‑09‑30 13F-HR AFGE / American Financial Group, Inc. (Holding Co.) 103.56 2,250 2,250 0.00 224 233 4.02
2017‑09‑30 13F-HR EMR / Emerson Electric Co. 62.84 217,250 208,695 -3.94 12,952 13,114 1.25
2017‑09‑30 13F-HR HCN / Welltower Inc. 70.27 58,700 62,996 7.32 4,394 4,427 0.75
2017‑09‑30 13F-HR GOOG / Alphabet Inc. Class C 959.12 22,873 24,048 5.14 20,785 23,065 10.97
2017‑09‑30 13F-HR ED / Consolidated Edison, Inc. 80.70 13,250 13,197 -0.40 1,071 1,065 -0.56
2017‑09‑30 13F-HR CAG / ConAgra Foods, Inc. 33.71 12,000 12,194 1.62 429 411 -4.20
2017‑09‑30 13F-HR CHCT / Community Healthcare Trust Incorporated 27.06 1,000 1,700 70.00 26 46 76.92
2017‑09‑30 13F-HR CBL / CBL & Associates Properties, Inc. 8.37 15,645 16,845 7.67 132 141 6.82
2017‑09‑30 13F-HR VAC / Marriott Vacations Worldwide Corp 124.58 2,000 4,800 140.00 236 598 153.39
2017‑09‑30 13F-HR MD / Mednax, Inc. 43.00 3,000 3,000 0.00 181 129 -28.73
2017‑09‑30 13F-HR CLH / Clean Harbors, Inc. 56.70 138,456 146,049 5.48 7,730 8,281 7.13
2017‑09‑30 13F-HR APH / Amphenol Corp. 84.63 14,250 14,533 1.99 1,052 1,230 16.92
2017‑09‑30 13F-HR HR / Healthcare Realty Trust, Inc. 32.36 10,500 12,300 17.14 359 398 10.86
2017‑09‑30 13F-HR K / Kellogg Co. 62.35 7,550 8,099 7.27 524 505 -3.63
2017‑09‑30 13F-HR WFT / Weatherford International plc 4.60 28,500 28,500 0.00 110 131 19.09
2017‑09‑30 13F-HR TRN / Trinity Industries, Inc. 0 0 9,563
2017‑09‑30 13F-HR PVH / PVH Corp. 125.91 2,250 2,486 10.49 258 313 21.32
2017‑09‑30 13F-HR SYY / SYSCO Corp. 53.96 14,900 15,085 1.24 750 814 8.53
2017‑09‑30 13F-HR UTHR / United Therapeutics Corp. 117.04 1,350 1,350 0.00 175 158 -9.71
2017‑09‑30 13F-HR DTE / DTE Energy Co. 107.31 5,200 5,293 1.79 550 568 3.27
2017‑09‑30 13F-HR HII / Huntington Ingalls Industries, Inc. 226.45 1,300 1,550 19.23 242 351 45.04
2017‑09‑30 13F-HR PDM / Piedmont Office Realty Trust, Inc. 20.14 13,000 14,400 10.77 274 290 5.84
2017‑09‑30 13F-HR ZTS / Zoetis Inc. 63.79 14,850 16,131 8.63 926 1,029 11.12
2017‑09‑30 13F-HR INTC / Intel Corp. 38.08 381,851 225,291 -41.00 12,884 8,579 -33.41
2017‑09‑30 13F-HR HPP / Hudson Pacific Properties, Inc. 33.53 4,823,818 15,600 -99.68 164,927 523 -99.68
2017‑09‑30 13F-HR 670002AB0 / Novavax, Inc. Note 3.75% Due 2/1/2023 430 240 -44.19
2017‑09‑30 13F-HR AKAM / Akamai Technologies, Inc. 48.81 5,150 5,183 0.64 257 253 -1.56
2017‑09‑30 13F-HR AAPJ / AAP, Inc. 99.02 2,200 2,242 1.91 256 222 -13.28
2017‑09‑30 13F-HR MRO / Marathon Oil Corp. 13.58 22,900 25,264 10.32 271 343 26.57
2017‑09‑30 13F-HR AXTA / Axalta Coating Systems Ltd. 28.89 6,300 6,300 0.00 202 182 -9.90
2017‑09‑30 13F-HR TIF / Tiffany & Co. 91.72 6,050 6,171 2.00 568 566 -0.35
2017‑09‑30 13F-HR FLIR / FLIR Systems, Inc. 38.97 3,900 3,926 0.67 135 153 13.33
2017‑09‑30 13F-HR KMI / Kinder Morgan, Inc. 19.18 647,601 640,087 -1.16 12,408 12,277 -1.06
2017‑09‑30 13F-HR RJD / Raymond James Financial, Inc. 84.35 3,650 3,675 0.68 293 310 5.80
2017‑09‑30 13F-HR BXP / Boston Properties, Inc. 122.89 26,000 27,676 6.45 3,199 3,401 6.31
2017‑09‑30 13F-HR EWBC / East West Bancorp, Inc. 59.76 4,250 4,250 0.00 249 254 2.01
2017‑09‑30 13F-HR LBTYK / Liberty Global plc (Class C) 32.70 17,309 52,109 201.05 540 1,704 215.56
2017‑09‑30 13F-HR BBT / BB&T Corp. 46.94 23,150 32,571 40.70 1,051 1,529 45.48
2017‑09‑30 13F-HR AET / Aetna, Inc. 159.01 50,580 45,808 -9.43 7,679 7,284 -5.14
2017‑09‑30 13F-HR LII / Lennox International, Inc. 178.57 1,120 1,120 0.00 206 200 -2.91
2017‑09‑30 13F-HR LXP / Lexington Corporate Properties Trust 10.21 18,946 21,846 15.31 188 223 18.62
2017‑09‑30 13F-HR AMT / American Tower Corp. (REIT) 136.68 100,549 105,460 4.88 13,305 14,414 8.34
2017‑09‑30 13F-HR STZ / Constellation Brands, Inc. 199.43 5,020 5,235 4.28 973 1,044 7.30
2017‑09‑30 13F-HR VOYA / Voya Financial, Inc. 39.92 5,600 12,100 116.07 207 483 133.33
2017‑09‑30 13F-HR ITW / Illinois Tool Works, Inc. 147.97 16,300 16,415 0.71 2,335 2,429 4.03
2017‑09‑30 13F-HR PFG / Principal Financial Group, Inc. 64.35 14,400 14,328 -0.50 923 922 -0.11
2017‑09‑30 13F-HR BAX / Baxter International, Inc. 62.76 95,720 64,582 -32.53 5,794 4,053 -30.05
2017‑09‑30 13F-HR EXPD / Expeditors International of Washington, Inc. 59.79 5,250 5,285 0.67 297 316 6.40
2017‑09‑30 13F-HR USMV / iShares Edge MSCI Min Vol USA ETF 50.37 13,900 16,200 16.55 680 816 20.00
2017‑09‑30 13F-HR YUMC / Yum China Holdings, Inc. 40.00 7,900 4,000 -49.37 311 160 -48.55
2017‑09‑30 13F-HR ADM / Archer-Daniels-Midland Co. 42.50 16,050 16,869 5.10 664 717 7.98
2017‑09‑30 13F-HR RPAI / Retail Properties of America, Inc. 13.14 21,400 22,900 7.01 261 301 15.33
2017‑09‑30 13F-HR CB / Chubb Ltd 142.52 15,209 15,829 4.08 2,211 2,256 2.04
2017‑09‑30 13F-HR FMC / FMC Corp. 89.26 6,400 6,576 2.75 468 587 25.43
2017‑09‑30 13F-HR BG / Bunge Ltd. 69.38 4,050 4,050 0.00 302 281 -6.95
2017‑09‑30 13F-HR PSA / Public Storage 213.99 795,219 477,724 -39.93 165,827 102,228 -38.35
2017‑09‑30 13F-HR PBCT / People's United Financial, Inc. 18.16 8,700 9,967 14.56 154 181 17.53
2017‑09‑30 13F-HR BMRN / BioMarin Pharmaceutical, Inc. 93.08 4,950 5,200 5.05 450 484 7.56
2017‑09‑30 13F-HR UTX / United Technologies Corp. 116.08 63,740 30,194 -52.63 7,783 3,505 -54.97
2017‑09‑30 13F-HR XLE / SPDR Energy Select Sector ETF 68.50 3,900 4,000 2.56 253 274 8.30
2017‑09‑30 13F-HR HIW / Highwoods Properties, Inc. 52.09 4,503,381 3,676,117 -18.37 228,367 191,489 -16.15
2017‑09‑30 13F-HR ISRG / Intuitive Surgical, Inc. 348.43 2,390 2,164 -9.46 2,236 754 -66.28
2017‑09‑30 13F-HR SQM / Sociedad Quimica y Minera de Chile S.A. 56.00 1,400 500 -64.29 46 28 -39.13
2017‑09‑30 13F-HR TMK / Torchmark Corp. 80.09 83,756 88,077 5.16 6,407 7,054 10.10
2017‑09‑30 13F-HR EIX / Edison International 77.16 16,400 62,867 283.34 1,282 4,851 278.39
2017‑09‑30 13F-HR AOS / Smith (A.O.) Corp. 59.37 4,200 4,228 0.67 237 251 5.91
2017‑09‑30 13F-HR CDR / Cedar Realty Trust, Inc. 5.68 5,500 7,400 34.55 27 42 55.56
2017‑09‑30 13F-HR GGB / Gerdau S.A. 3.43 556,100 516,500 -7.12 1,696 1,772 4.48
2017‑09‑30 13F-HR LEA / Lear Corp. 173.11 8,850 7,550 -14.69 1,257 1,307 3.98
2017‑09‑30 13F-HR RHP / Ryman Hospitality Properties, Inc. 62.50 4,600 5,200 13.04 294 325 10.54
2017‑09‑30 13F-HR CUBE / CubeSmart 25.96 16,300 7,094,592 43,425.10 392 184,176 46,883.67
2017‑09‑30 13F-HR HTA / Healthcare Trust of America, Inc. 29.80 10,382,397 11,858,804 14.22 322,997 353,393 9.41
2017‑09‑30 13F-HR PE / Parsley Energy, Inc. 26.36 6,600 6,600 0.00 183 174 -4.92
2017‑09‑30 13F-HR HSY / Hershey Company (The) 109.19 4,250 4,277 0.64 456 467 2.41
2017‑09‑30 13F-HR VZ / Verizon Communications, Inc. 49.48 130,688 136,365 4.34 5,836 6,748 15.63
2017‑09‑30 13F-HR CXO / Concho Resources, Inc. 131.72 4,000 4,464 11.60 486 588 20.99
2017‑09‑30 13F-HR ES / Eversource Energy 60.42 8,980 9,152 1.92 545 553 1.47
2017‑09‑30 13F-HR F / Ford Motor Co. 11.96 133,673 140,412 5.04 1,495 1,680 12.37
2017‑09‑30 13F-HR NEE / NextEra Energy, Inc. 146.57 29,675 30,211 1.81 4,159 4,428 6.47
2017‑09‑30 13F-HR CLNS / Colony NorthStar, Inc. 12.56 90,960 70,060 -22.98 1,282 880 -31.36
2017‑09‑30 13F-HR EL / Estee Lauder Companies, Inc. (THE) 107.91 41,436 7,590 -81.68 3,977 819 -79.41
2017‑09‑30 13F-HR MDLZ / Mondelez International, Inc. 40.65 44,011 45,263 2.84 1,901 1,840 -3.21
2017‑09‑30 13F-HR UGI / UGI Corp. 46.94 4,900 4,900 0.00 237 230 -2.95
2017‑09‑30 13F-HR CELG / Celgene Corp. 145.83 44,085 81,385 84.61 5,725 11,868 107.30
2017‑09‑30 13F-HR FNF / Fidelity National Financial, Inc. 34.32 12,588 7,488 -40.51 564 257 -54.43
2017‑09‑30 13F-HR AN / AutoNation, Inc. 47.66 2,350 2,350 0.00 99 112 13.13
2017‑09‑30 13F-HR SEIC / SEI Investments Co. 60.95 4,200 4,200 0.00 226 256 13.27
2017‑09‑30 13F-HR DRI / Darden Restaurants, Inc. 78.86 6,150 6,074 -1.24 556 479 -13.85
2017‑09‑30 13F-HR MTB / M & T Bank Corp. 160.98 4,001 4,075 1.85 648 656 1.23
2017‑09‑30 13F-HR YUM / Yum! Brands, Inc. 73.60 27,100 24,741 -8.70 1,999 1,821 -8.90
2017‑09‑30 13F-HR VMC / Vulcan Materials Co. (Holding Co.) 119.60 145,800 133,861 -8.19 18,470 16,010 -13.32
2017‑09‑30 13F-HR NTAP / NetApp, Inc. 43.78 17,920 17,772 -0.83 718 778 8.36
2017‑09‑30 13F-HR EPR / EPR Properties 69.74 45,070 3,461,970 7,581.32 1,639 241,437 14,630.75
2017‑09‑30 13F-HR EPR / EPR Properties 36.37 30,070 45,070 49.88 1,082 1,639 51.48
2017‑09‑30 13F-HR CTXS / Citrix Systems, Inc. 76.91 4,600 4,681 1.76 366 360 -1.64
2017‑09‑30 13F-HR INTU / Intuit Inc. 142.10 12,200 12,294 0.77 1,620 1,747 7.84
2017‑09‑30 13F-HR PHM / PulteGroup, Inc. 27.32 24,400 27,455 12.52 599 750 25.21
2017‑09‑30 13F-HR EWZ / iShares MSCI Brazil Capped ETF 41.60 6,100 2,500 -59.02 208 104 -50.00
2017‑09‑30 13F-HR KMB / Kimberly-Clark Corp. 117.67 24,850 21,084 -15.15 3,208 2,481 -22.66
2017‑09‑30 13F-HR NHI / National Health Investors, Inc. 77.25 3,600 4,000 11.11 285 309 8.42
2017‑09‑30 13F-HR PCG / PG&E Corp. 68.12 15,800 15,502 -1.89 1,049 1,056 0.67
2017‑09‑30 13F-HR TFX / Teleflex, Inc. 242.18 2,750 2,750 0.00 571 666 16.64
2017‑09‑30 13F-HR SPDR S&P 500 ETF / PUT (78462F953) 285.00 400 400 0.00 39 114 192.31
2017‑09‑30 13F-HR FMX / Fomento Economico Mexicano, S.A.B de C.V. 95.45 2,050 2,200 7.32 202 210 3.96
2017‑09‑30 13F-HR IAC / IAC/InterActiveCorp. 117.56 0 25,800 0 3,033
2017‑09‑30 13F-HR AMX / America Movil S.A.B. de CV 17.75 9,600 8,900 -7.29 153 158 3.27
2017‑09‑30 13F-HR PNC / PNC Financial Services Group, Inc. (The) 134.72 15,346 16,174 5.40 1,916 2,179 13.73
2017‑09‑30 13F-HR ADS / Alliance Data Systems Corp. 221.65 29,501 1,561 -94.71 7,572 346 -95.43
2017‑09‑30 13F-HR KEY / KeyCorp 18.81 30,100 33,112 10.01 564 623 10.46
2017‑09‑30 13F-HR CMI / Cummins, Inc. 168.03 9,900 8,064 -18.55 1,606 1,355 -15.63
2017‑09‑30 13F-HR CVX / Chevron Corp. 117.49 72,008 75,816 5.29 7,512 8,908 18.58
2017‑09‑30 13F-HR TSN / Tyson Foods, Inc. 70.41 10,250 11,064 7.94 642 779 21.34
2017‑09‑30 13F-HR HWAY / Healthways, Inc. 6,980 8,398 20.32
2017‑09‑30 13F-HR ILMN / Illumina, Inc. 199.28 4,260 5,314 24.74 739 1,059 43.30
2017‑09‑30 13F-HR PX / Praxair, Inc. 139.79 8,050 8,606 6.91 1,067 1,203 12.75
2017‑09‑30 13F-HR NSA / National Storage Affiliates Trust 24.15 3,800 4,100 7.89 88 99 12.50
2017‑09‑30 13F-HR LQD / iShares iBoxx $ Investment Grade Corporate Bond ETF 121.23 17,300 26,100 50.87 2,085 3,164 51.75
2017‑09‑30 13F-HR DEA / Easterly Government Properties, Inc. 20.54 2,200 3,700 68.18 46 76 65.22
2017‑09‑30 13F-HR FDC / First Data Corporation 18.03 9,050 10,150 12.15 165 183 10.91
2017‑09‑30 13F-HR ESS / Essex Property Trust, Inc. 254.03 2,252,817 1,414,642 -37.21 579,582 359,361 -38.00
2017‑09‑30 13F-HR LFL / LATAM Airlines Group S.A. 13.19 9,100 4,700 -48.35 100 62 -38.00
2017‑09‑30 13F-HR MTZ / MasTec, Inc. 46.40 354,700 387,700 9.30 16,015 17,989 12.33
2017‑09‑30 13F-HR IRT / Independence Realty Trust, Inc. 10.20 5,164 6,864 32.92 51 70 37.25
2017‑09‑30 13F-HR GLPI / Gaming and Leisure Properties, Inc. 36.89 17,600 4,660,136 26,378.05 663 171,912 25,829.41
2017‑09‑30 13F-HR BSAC / Banco Santander - Chile 29.63 3,800 2,700 -28.95 97 80 -17.53
2017‑09‑30 13F-HR STOR / STORE Capital Corp. 24.88 15,600 16,400 5.13 350 408 16.57
2017‑09‑30 13F-HR AJG / Gallagher (ARTHUR J.) & Co. 61.49 5,250 5,285 0.67 301 325 7.97
2017‑09‑30 13F-HR COH / Coach, Inc. 40.28 23,680 49,451 108.83 1,120 1,992 77.86
2017‑09‑30 13F-HR GPN / Global Payments, Inc. 95.04 65,891 66,312 0.64 5,951 6,302 5.90
2017‑09‑30 13F-HR AER / AerCap Holdings N.V. 51.11 121,433 122,107 0.56 5,638 6,241 10.70
2017‑09‑30 13F-HR ISHARES INC / MSCI GBL ETF NEW (46434G848) 31.08 3,600 3,700 2.78 97 115 18.56
2017‑09‑30 13F-HR WRI / Weingarten Realty Investors 31.71 26,000 11,700 -55.00 783 371 -52.62
2017‑09‑30 13F-HR EDR / Education Realty Trust, Inc. 35.93 5,480,102 4,804,654 -12.33 212,354 172,631 -18.71
2017‑09‑30 13F-HR DBB / PowerShares DB Base Metals Fund 18.10 4,100 4,200 2.44 67 76 13.43
2017‑09‑30 13F-HR TAP / Molson Coors Brewing Co. 81.59 5,300 5,687 7.30 458 464 1.31
2017‑09‑30 13F-HR SIVB / SVB Financial Group 187.33 1,500 1,500 0.00 264 281 6.44
2017‑09‑30 13F-HR CMCSA / Comcast Corp. 38.48 298,670 294,830 -1.29 11,624 11,345 -2.40
2017‑09‑30 13F-HR USG / USG Corp. 32.64 61,900 55,200 -10.82 1,796 1,802 0.33
2017‑09‑30 13F-HR SGEN / Seattle Genetics, Inc. 54.34 2,650 2,650 0.00 137 144 5.11
2017‑09‑30 13F-HR QCOM / QUALCOMM Incorporated 51.84 156,055 165,263 5.90 8,618 8,567 -0.59
2017‑09‑30 13F-HR LEN / Lennar Corp. 52.72 6,200 6,316 1.87 331 333 0.60
2017‑09‑30 13F-HR FL / Foot Locker, Inc. 35.19 6,100 6,025 -1.23 301 212 -29.57
2017‑09‑30 13F-HR ETN / Eaton Corporation 76.79 220,164 64,673 -70.63 17,136 4,966 -71.02
2017‑09‑30 13F-HR GPC / Genuine Parts Co. 95.68 4,300 4,379 1.84 399 419 5.01
2017‑09‑30 13F-HR CRM / Salesforce.com, Inc. 93.41 136,978 133,110 -2.82 11,862 12,434 4.82
2017‑09‑30 13F-HR ABT / Abbott Laboratories 53.36 55,241 158,878 187.61 2,685 8,478 215.75
2017‑09‑30 13F-HR PG / Procter & Gamble Co. (The) 90.98 162,068 155,607 -3.99 14,124 14,157 0.23
2017‑09‑30 13F-HR SNI / Scripps Networks Interactive, Inc. 85.75 2,250 2,519 11.96 154 216 40.26
2017‑09‑30 13F-HR MNST / Monster Beverage Corporation New 55.24 19,550 21,108 7.97 971 1,166 20.08
2017‑09‑30 13F-HR CLX / Clorox Company (The) 131.87 5,200 5,475 5.29 693 722 4.18
2017‑09‑30 13F-HR ACM / AECOM 36.81 503,500 503,500 0.00 16,278 18,534 13.86
2017‑09‑30 13F-HR CSGP / Costar Group, Inc. 268.00 900 1,000 11.11 237 268 13.08
2017‑09‑30 13F-HR BID / Sotheby's 46.25 3,200 3,200 0.00 172 148 -13.95
2017‑09‑30 13F-HR COL / Rockwell Collins, Inc. 130.68 4,664 4,928 5.66 490 644 31.43
2017‑09‑30 13F-HR IXC / iShares Global Energy ETF 33.91 2,000 2,300 15.00 62 78 25.81
2017‑09‑30 13F-HR INFY / Infosys Limited 14.59 55,500 55,500 0.00 834 810 -2.88
2017‑09‑30 13F-HR WAB / Wabtec Corp. 75.83 2,400 2,400 0.00 220 182 -17.27
2017‑09‑30 13F-HR MSFT / Microsoft Corp. 74.49 479,261 465,808 -2.81 33,035 34,697 5.03
2017‑09‑30 13F-HR IBDRY / Iberdrola S.A. 47.42 192,427 202,483 5.23 8,496 9,602 13.02
2017‑09‑30 13F-HR EXC / Exelon Corp. 37.67 26,276 27,526 4.76 948 1,037 9.39
2017‑09‑30 13F-HR MAT / Mattel, Inc. 15.43 9,200 9,266 0.72 198 143 -27.78
2017‑09‑30 13F-HR WRK / Westrock Company 56.69 134,423 7,761 -94.23 7,617 440 -94.22
2017‑09‑30 13F-HR DEI / Douglas Emmett, Inc. 39.42 6,178,760 6,425,963 4.00 236,090 253,311 7.29
2017‑09‑30 13F-HR JNPR / Juniper Networks, Inc. 27.82 9,450 11,824 25.12 263 329 25.10
2017‑09‑30 13F-HR APTS / Preferred Apartment Communities, Inc. 18.79 2,700 3,300 22.22 43 62 44.19
2017‑09‑30 13F-HR MAA / Mid-America Apartment Communities, Inc. 106.88 20,115 797,196 3,863.19 2,120 85,205 3,919.10
2017‑09‑30 13F-HR TSS / Total System Services, Inc. 65.48 4,901 4,933 0.65 285 323 13.33
2017‑09‑30 13F-HR EQR / Equity Residential 65.93 3,611,756 7,724,194 113.86 237,762 509,256 114.19
2017‑09‑30 13F-HR FLT / FleetCor Technologies, Inc. 154.76 36,265 36,457 0.53 5,230 5,642 7.88
2017‑09‑30 13F-HR NTES / NetEase, Inc. 263.84 27,171 19,072 -29.81 8,169 5,032 -38.40
2017‑09‑30 13F-HR DBA / PowerShares DB Agriculture Fund 18.98 21,800 26,400 21.10 433 501 15.70
2017‑09‑30 13F-HR GTY / Getty Realty Corp. (Holding Company) 28.63 2,504 3,004 19.97 63 86 36.51
2017‑09‑30 13F-HR RS / Reliance Steel & Aluminum Co., Inc. 76.16 56,200 30,200 -46.26 4,092 2,300 -43.79
2017‑09‑30 13F-HR INPAP / International Paper Company 56.78 11,150 12,522 12.30 631 711 12.68
2017‑09‑30 13F-HR ITCB / Itau CorpBanca 14.29 700 700 0.00 9 10 11.11
2017‑09‑30 13F-HR WU / Western Union Co. (The) 19.22 13,446 15,037 11.83 256 289 12.89
2017‑09‑30 13F-HR STX / Seagate Technology PLC 33.16 14,600 14,957 2.45 566 496 -12.37
2017‑09‑30 13F-HR GNL / Global Net Lease Inc. 21.90 4,866 6,666 36.99 108 146 35.19
2017‑09‑30 13F-HR GT / Goodyear Tire & Rubber Co. (The) 33.20 7,300 7,349 0.67 255 244 -4.31
2017‑09‑30 13F-HR LSI / Life Storage, Inc. 81.74 4,200 4,600 9.52 311 376 20.90
2017‑09‑30 13F-HR SWK / Stanley Black & Decker, Inc. 150.95 4,274 28,545 567.88 601 4,309 616.97
2017‑09‑30 13F-HR FPO / First Potomac Realty Trust 11.05 4,700 5,700 21.28 52 63 21.15
2017‑09‑30 13F-HR FB / Facebook, Inc. 170.86 217,525 209,171 -3.84 32,842 35,740 8.82
2017‑09‑30 13F-HR RNR / RenaissanceRe Holdings Ltd. 135.26 14,000 1,900 -86.43 1,947 257 -86.80
2017‑09‑30 13F-HR PII / Polaris Industries, Inc 104.44 1,800 1,800 0.00 166 188 13.25
2017‑09‑30 13F-HR NNN / National Retail Properties, Inc. 41.66 3,723,155 3,438,614 -7.64 145,575 143,252 -1.60
2017‑09‑30 13F-HR CTAS / Cintas Corp. 144.27 64,765 68,059 5.09 8,163 9,819 20.29
2017‑09‑30 13F-HR SNPS / Synopsys, Inc. 80.52 8,100 8,085 -0.19 591 651 10.15
2017‑09‑30 13F-HR SIX / Six Flags Entertainment Corp 60.98 7,500 4,100 -45.33 447 250 -44.07
2017‑09‑30 13F-HR XME / SPDR S&P Metals & Mining ETF 32.22 7,700 7,200 -6.49 231 232 0.43
2017‑09‑30 13F-HR LTC / LTC Properties, Inc. 46.92 3,500 3,900 11.43 180 183 1.67
2017‑09‑30 13F-HR JCI / Johnson Controls International plc 40.29 26,937 27,997 3.94 1,168 1,128 -3.42
2017‑09‑30 13F-HR MAR / Marriott International, Inc. 110.26 77,358 92,128 19.09 7,760 10,158 30.90
2017‑09‑30 13F-HR MKL / Markel Corp. 1,067.50 400 400 0.00 390 427 9.49
2017‑09‑30 13F-HR SYF / Synchrony Financial 31.05 23,000 24,190 5.17 686 751 9.48
2017‑09‑30 13F-HR SBNYW / Signature Bank 127.88 1,650 1,650 0.00 237 211 -10.97
2017‑09‑30 13F-HR PPG / PPG Industries, Inc. 108.66 63,265 72,894 15.22 6,957 7,921 13.86
2017‑09‑30 13F-HR SPB / Spectrum Brands Holdings, Inc. 106.25 800 800 0.00 100 85 -15.00
2017‑09‑30 13F-HR PBR / Petroleo Brasileiro SA Petrobras ADR 10.04 537,200 530,300 -1.28 4,292 5,324 24.04
2017‑09‑30 13F-HR AVB / AvalonBay Communities, Inc. 178.42 2,774,022 1,253,291 -54.82 533,084 223,612 -58.05
2017‑09‑30 13F-HR PSB.PRV / PS Business Parks, Inc. 133.50 1,800 2,000 11.11 238 267 12.18
2017‑09‑30 13F-HR M / Macy's, Inc. 21.84 8,098 9,157 13.08 188 200 6.38
2017‑09‑30 13F-HR ALK / Alaska Air Group, Inc. 76.30 17,000 22,924 34.85 1,526 1,749 14.61
2017‑09‑30 13F-HR CUZ / Cousins Properties, Inc. 9.34 24,258,089 21,896,228 -9.74 213,228 204,510 -4.09
2017‑09‑30 13F-HR AXS / AXIS Capital Holdings Ltd. 57.25 2,550 2,550 0.00 165 146 -11.52
2017‑09‑30 13F-HR EGP / EastGroup Properties, Inc. 88.24 3,000 3,400 13.33 251 300 19.52
2017‑09‑30 13F-HR DUK / Duke Energy Corp. (Holding Co.) 83.92 28,766 29,670 3.14 2,405 2,490 3.53
2017‑09‑30 13F-HR NFX / Newfield Exploration Company 29.62 5,700 5,739 0.68 162 170 4.94
2017‑09‑30 13F-HR USCR / U.S. Concrete, Inc. 76.28 22,600 22,600 0.00 1,775 1,724 -2.87
2017‑09‑30 13F-HR NLY / Annaly Capital Management, Inc. 12.19 51,000 52,100 2.16 615 635 3.25
2017‑09‑30 13F-HR COMM / CommScope Holding Company, Inc. 33.21 124,350 99,840 -19.71 4,729 3,316 -29.88
2017‑09‑30 13F-HR HDB / HDFC Bank Ltd. 97.50 400 400 0.00 35 39 11.43
2017‑09‑30 13F-HR OMAB / Grupo Aeroportuario del Centro Norte S.A.B. de C.V. 44.00 1,700 500 -70.59 82 22 -73.17
2017‑09‑30 13F-HR SRE / Sempra Energy 114.12 6,800 6,905 1.54 767 788 2.74
2017‑09‑30 13F-HR SLG / SL Green Realty Corp. 101.32 3,651,709 2,903,862 -20.48 386,351 294,220 -23.85
2017‑09‑30 13F-HR INGR / Ingredion, Inc. 120.66 1,900 2,130 12.11 226 257 13.72
2017‑09‑30 13F-HR MET / MetLife, Inc. 51.95 205,911 246,148 19.54 11,313 12,787 13.03
2017‑09‑30 13F-HR NCLH / Norwegian Cruise Line Holdings Ltd 54.06 11,400 12,800 12.28 619 692 11.79
2017‑09‑30 13F-HR SRC / Spirit Realty Capital, Inc. 8.57 43,700 45,400 3.89 324 389 20.06
2017‑09‑30 13F-HR GD / General Dynamics Corp. 205.58 27,161 33,631 23.82 5,381 6,914 28.49
2017‑09‑30 13F-HR CFG / Citizens Financial Group, Inc. 37.87 19,750 26,485 34.10 705 1,003 42.27
2017‑09‑30 13F-HR TSU / TIM Participacoes S.A. 18.28 107,600 138,400 28.62 1,593 2,530 58.82
2017‑09‑30 13F-HR REGN / Regeneron Pharmaceuticals, Inc. 447.08 16,657 15,362 -7.77 8,180 6,868 -16.04
2017‑09‑30 13F-HR MOS / Mosaic Company (The) (Holding Company) 21.61 9,050 9,118 0.75 207 197 -4.83
2017‑09‑30 13F-HR ENIA / Enersis S.A. 10.00 8,880 2,000 -77.48 84 20 -76.19
2017‑09‑30 13F-HR MCD / McDonald's Corp. 156.68 114,850 100,506 -12.49 17,591 15,747 -10.48
2017‑09‑30 13F-HR MTW / Manitowoc Co., Inc. (The) 9.00 357,800 307,800 -13.97 2,150 2,770 28.84
2017‑09‑30 13F-HR SAVE / Spirit Airlines, Inc. 33.41 0 48,100 0 1,607
2017‑09‑30 13F-HR GOV / Government Properties Income Trust 18.80 6,400 9,200 43.75 117 173 47.86
2017‑09‑30 13F-HR TCO / Taubman Centers, Inc. 49.66 5,600 5,900 5.36 333 293 -12.01
2017‑09‑30 13F-HR OUT / OUTFRONT Media Inc. 25.18 3,864,333 2,238,901 -42.06 89,343 56,376 -36.90
2017‑09‑30 13F-HR SID / Companhia Siderurgica Nacional-CSN 2.96 271,700 567,800 108.98 584 1,681 187.84
2017‑09‑30 13F-HR OFC / Corporate Office Properties Trust 32.83 603,407 623,916 3.40 21,138 20,483 -3.10
2017‑09‑30 13F-HR MO / Altria Group, Inc. 63.42 159,720 161,597 1.18 11,894 10,249 -13.83
2017‑09‑30 13F-HR OSK / Oshkosh Corporation (Holding Company) 82.54 181,300 191,300 5.52 12,488 15,790 26.44
2017‑09‑30 13F-HR AMP / Ameriprise Financial, Inc. 148.53 5,610 10,873 93.81 714 1,615 126.19
2017‑09‑30 13F-HR QSR / Restaurant Brands International Inc. 63.90 10,000 10,000 0.00 625 639 2.24
2017‑09‑30 13F-HR XHR / Xenia Hotels & Resorts Inc. 21.04 9,700 10,600 9.28 188 223 18.62
2017‑09‑30 13F-HR TRGP / Targa Resources Corp. 47.32 5,250 6,150 17.14 237 291 22.78
2017‑09‑30 13F-HR SCI / Service Corp. International 34.50 150,262 158,220 5.30 5,026 5,459 8.62
2017‑09‑30 13F-HR BFAM / Bright Horizons Family Solutions, Inc. 86.25 0 800 0 69
2017‑09‑30 13F-HR GBX / Greenbrier Companies, Inc. (THE) 48.14 88,400 88,400 0.00 4,089 4,256 4.08
2017‑09‑30 13F-HR TPC / Tutor Perini Corp. 28.40 267,100 267,100 0.00 7,679 7,586 -1.21
2017‑09‑30 13F-HR WHR / Whirlpool Corp. 184.51 6,300 2,233 -64.56 1,208 412 -65.89
2017‑09‑30 13F-HR COR / Coresite Realty Corp 111.76 3,100 3,400 9.68 321 380 18.38
2017‑09‑30 13F-HR ALGT / Allegiant Travel Company 132.00 1,500 1,500 0.00 203 198 -2.46
2017‑09‑30 13F-HR LSXMK / Liberty Media, Sirius XM Group Series C 41.79 5,600 5,600 0.00 234 234 0.00
2017‑09‑30 13F-HR SPHD / PowerShares S&P 500 High Dividend Portfolio 41.20 2,100 2,500 19.05 84 103 22.62
2017‑09‑30 13F-HR MIC / Macquarie Infrastructure Company LLC 72.24 2,050 2,450 19.51 161 177 9.94
2017‑09‑30 13F-HR CBG / CBRE Group, Inc. 37.88 99,745 96,706 -3.05 3,630 3,663 0.91
2017‑09‑30 13F-HR IRM / Iron Mountain Incorporated. (REIT) 38.90 29,628 48,875 64.96 1,018 1,901 86.74
2017‑09‑30 13F-HR AR / Antero Resources Corporation 19.84 4,400 6,100 38.64 95 121 27.37
2017‑09‑30 13F-HR DGX / Quest Diagnostics, Inc. 93.60 7,350 7,276 -1.01 817 681 -16.65
2017‑09‑30 13F-HR NVR / NVR, Inc. 2,852.63 200 190 -5.00 482 542 12.45
2017‑09‑30 13F-HR IEX / IDEX Corp. 121.33 2,250 2,250 0.00 254 273 7.48
2017‑09‑30 13F-HR PK / Park Hotels & Resorts Inc. 27.55 12,900 14,300 10.85 348 394 13.22
2017‑09‑30 13F-HR AWK / American Water Works Co., Inc. 80.96 6,100 6,534 7.11 475 529 11.37
2017‑09‑30 13F-HR FLR / Fluor Corp. 42.13 24,000 14,027 -41.55 1,099 591 -46.22
2017‑09‑30 13F-HR EBAY / eBay, Inc. 38.46 73,750 63,412 -14.02 2,575 2,439 -5.28
2017‑09‑30 13F-HR ACN / Accenture plc 135.07 122,475 84,373 -31.11 15,147 11,396 -24.76
2017‑09‑30 13F-HR MSCI / MSCI, Inc. 116.89 9,750 4,500 -53.85 1,004 526 -47.61
2017‑09‑30 13F-HR CNP / CenterPoint Energy, Inc. 29.20 58,300 55,783 -4.32 1,596 1,629 2.07
2017‑09‑30 13F-HR HFC / HollyFrontier Corp. 36.00 5,000 5,000 0.00 137 180 31.39
2017‑09‑30 13F-HR MRK / Merck & Co., Inc. 64.03 122,128 88,447 -27.58 7,827 5,663 -27.65
2017‑09‑30 13F-HR BRG / Bluerock Residential Growth REIT, Inc. 11.11 1,800 1,800 0.00 23 20 -13.04
2017‑09‑30 13F-HR GRMN / Garmin Ltd. 54.06 5,050 5,272 4.40 258 285 10.47
2017‑09‑30 13F-HR AES / AES Corp. (The) 11.00 19,600 19,728 0.65 218 217 -0.46
2017‑09‑30 13F-HR HPT / Hospitality Properties Trust 28.48 14,800 16,500 11.49 431 470 9.05
2017‑09‑30 13F-HR SNR / New Senior Investment Group Inc. 9.15 7,100 8,200 15.49 71 75 5.63
2017‑09‑30 13F-HR CPB / Campbell Soup Co. 46.82 5,900 5,937 0.63 308 278 -9.74
2017‑09‑30 13F-HR 413160AB8 / Harmonic, Inc. Bond 4% 2,292 1,780 -22.34
2017‑09‑30 13F-HR DPS / Dr. Pepper Snapple Group, Inc. 88.53 5,174 5,569 7.63 471 493 4.67
2017‑09‑30 13F-HR NRG / NRG Energy, Inc. 32.79 0 61 0 2
2017‑09‑30 13F-HR AABA / Altaba Inc 66.21 20,073 20,073 0.00 1,093 1,329 21.59
2017‑09‑30 13F-HR NRE / NorthStar Realty Europe Corp. 12.90 4,782 5,582 16.73 61 72 18.03
2017‑09‑30 13F-HR RHI / Robert Half International, Inc 50.21 3,600 3,625 0.69 173 182 5.20
2017‑09‑30 13F-HR BSX / Boston Scientific Corp. 29.17 65,797 66,379 0.88 1,824 1,936 6.14
2017‑09‑30 13F-HR HCP / HCP, Inc. 27.83 10,610,722 12,243,041 15.38 339,119 340,724 0.47
2017‑09‑30 13F-HR AIV / Apartment Investment & Management Co. 43.86 3,205,324 6,072,898 89.46 137,732 266,357 93.39
2017‑09‑30 13F-HR FISV / Fiserv, Inc. 128.95 19,500 13,090 -32.87 2,386 1,688 -29.25
2017‑09‑30 13F-HR MCK / McKesson Corp. 153.59 56,894 37,347 -34.36 9,361 5,736 -38.72
2017‑09‑30 13F-HR HRI / Herc Holdings Inc. 49.14 80,200 60,200 -24.94 3,153 2,958 -6.18
2017‑09‑30 13F-HR CTRP / Ctrip.com International, Ltd. 52.74 94,075 81,005 -13.89 5,067 4,272 -15.69
2017‑09‑30 13F-HR LSXMA / Liberty Media, Sirius XM Group Series A 42.03 2,950 2,950 0.00 124 124 0.00
2017‑09‑30 13F-HR BMYMP / Bristol-Myers Squibb Co. 63.74 154,556 193,547 25.23 8,612 12,337 43.25
2017‑09‑30 13F-HR AL / Air Lease Corporation 42.62 129,748 118,902 -8.36 4,847 5,068 4.56
2017‑09‑30 13F-HR PEP / PepsiCo, Inc. 111.43 69,215 70,204 1.43 7,994 7,823 -2.14
2017‑09‑30 13F-HR AKR / Acadia Realty Trust 28.67 7,741 8,441 9.04 215 242 12.56
2017‑09‑30 13F-HR ODFL / Old Dominion Freight Line, Inc. 110.11 176,200 208,016 18.06 16,782 22,905 36.49
2017‑09‑30 13F-HR HPE / Hewlett Packard Enterprise Company 14.71 75,450 75,037 -0.55 1,252 1,104 -11.82
2017‑09‑30 13F-HR 493723AA8 / KEYW Holdings Corp 2.5% Note due 2019-07-15 963 1,864 93.56
2017‑09‑30 13F-HR THC / Tenet Healthcare Corp. 16.42 68,500 68,500 0.00 1,325 1,125 -15.09
2017‑09‑30 13F-HR NBL / Noble Energy, Inc. 28.37 16,300 18,967 16.36 462 538 16.45
2017‑09‑30 13F-HR PPLT / ETFS Platinum Trust 87.50 300 400 33.33 27 35 29.63
2017‑09‑30 13F-HR KORS / Michael Kors Holdings Ltd. 47.82 34,004 33,394 -1.79 1,232 1,597 29.63
2017‑09‑30 13F-HR ADI / Analog Devices, Inc. 86.20 12,743 13,991 9.79 992 1,206 21.57
2017‑09‑30 13F-HR VTR / Ventas, Inc. 65.13 4,889,713 5,247,318 7.31 339,737 341,758 0.59
2017‑09‑30 13F-HR PGRE / Paramount Group, Inc. 16.01 323 20,423 6,222.91 5 327 6,440.00
2017‑09‑30 13F-HR STAG / STAG Industrial, Inc. 27.42 8,000 9,300 16.25 221 255 15.38
2017‑09‑30 13F-HR DY / Dycom Industries, Inc. 85.88 22,000 32,000 45.45 1,969 2,748 39.56
2017‑09‑30 13F-HR PSX / Phillips 66 91.63 13,247 13,304 0.43 1,095 1,219 11.32
2017‑09‑30 13F-HR EOG / EOG Resources, Inc. 96.75 93,440 117,161 25.39 8,459 11,335 34.00
2017‑09‑30 13F-HR HON / Honeywell International, Inc. 141.73 100,677 63,107 -37.32 13,419 8,944 -33.35
2017‑09‑30 13F-HR TSM / Taiwan Semiconductor Manufacturing Co. Ltd. 37.41 2,800 2,700 -3.57 98 101 3.06
2017‑09‑30 13F-HR GOOD / Gladstone Commercial Corp. 22.31 2,100 2,600 23.81 46 58 26.09
2017‑09‑30 13F-HR AAL / American Airlines Group Inc. 47.51 9,950 31,428 215.86 501 1,493 198.00
2017‑09‑30 13F-HR WBC / Wabco Holdings, Inc. 147.77 1,570 1,570 0.00 200 232 16.00
2017‑09‑30 13F-HR SJM / Smucker (J.M.) Co. 104.92 3,320 3,679 10.81 393 386 -1.78
2017‑09‑30 13F-HR KBR / KBR, Inc. 17.88 172,600 172,600 0.00 2,627 3,086 17.47
2017‑09‑30 13F-HR DRUA / Dominion Resources, Inc. 76.91 17,900 18,529 3.51 1,372 1,425 3.86
2017‑09‑30 13F-HR HES / Hess Corp. 46.89 7,850 49,760 533.89 344 2,333 578.20
2017‑09‑30 13F-HR CNC / Centene Corp. 96.79 4,900 5,269 7.53 391 510 30.43
2017‑09‑30 13F-HR MGM / MGM Resorts International 32.56 13,550 13,761 1.56 424 448 5.66
2017‑09‑30 13F-HR BCH / Banco de Chile 90.00 0 100 0 9
2017‑09‑30 13F-HR ARCELORMITTAL SA LUXEMBOURG NY / REGISTRY SH (03938L203) 25.76 125,250 3,226
2017‑09‑30 13F-HR VANECK VECTORS ETF / TR RARE EARTH STRAT (92189F742) 26.15 1,300 34
2017‑09‑30 13F-HR VNQ / Vanguard REIT ETF 83.15 7,300 607
2017‑09‑30 13F-HR AA.PR / Alcoa Corp. 46.67 900 42
2017‑09‑30 13F-HR ALEX / Alexander & Baldwin, Inc. 46.22 4,500 208
2017‑09‑30 13F-HR ANDV / Andeavor Corp. 103.12 4,558 470
2017‑09‑30 13F-HR BHGE / Baker Hughes, a GE company 36.63 11,683 428
2017‑09‑30 13F-HR BHF / Brighthouse Financial, Inc. 60.92 2,495 152
2017‑09‑30 13F-HR BURL / Burlington Stores, Inc. 95.33 1,500 143
2017‑09‑30 13F-HR CZR / Caesars Entertainment Corporation 19.72 1,826 36
2017‑09‑30 13F-HR CYOU / Changyou.com, Ltd. 39.61 22,800 903
2017‑09‑30 13F-HR CIENA CORP / NOTE 3.750%10/1 ADDED (171779AJ0) 30,319
2017‑09‑30 13F-HR CLPR / Clipper Realty Inc. 10.67 1,500 16
2017‑09‑30 13F-HR CSRA / CSRA Inc. 35.71 28 1
2017‑09‑30 13F-HR CYPRESS SEMICONDUCTOR CORP / NOTE 4.500% 1/1 ADDED (232806AM1) 11,771
2017‑09‑30 13F-HR DEPO / DepoMed, Inc. 19.38 2,116 41
2017‑09‑30 13F-HR DWDP / DowDuPont Inc. 69.23 149,855 10,374
2017‑09‑30 13F-HR DISH NETWORK CORP / NOTE 3.375% 8/1 ADDED (25470MAB5) 5,600
2017‑09‑30 13F-HR ESGR / Enstar Group Limited 222.35 26,885 5,978
2017‑09‑30 13F-HR LAND / Gladstone Land Corp 14.00 1,000 14
2017‑09‑30 13F-HR GMRE / Global Medical REIT, Inc. 8.95 1,900 17
2017‑09‑30 13F-HR JBGS / JBG SMITH Properties 34.21 265,972 9,098
2017‑09‑30 13F-HR HIFR / InfraREIT, Inc. 22.31 3,900 87
2017‑09‑30 13F-HR NKE / Nike, Inc. 51.85 173,847 192,579 10.77 10,257 9,985 -2.65
2017‑09‑30 13F-HR TECHNIPFMC / (G87110105) 27.94 12,900 12,990 0.70 351 363 3.42
2017‑09‑30 13F-HR SWKS / Skyworks Solutions, Inc. 101.91 9,400 9,626 2.40 902 981 8.76
2017‑09‑30 13F-HR PKY / Parkway Properties, Inc. 23.03 3,768 4,168 10.62 86 96 11.63
2017‑09‑30 13F-HR ELP / Companhia Paranaense de Energia-Copel 8.76 700 4,450 535.71 5 39 680.00
2017‑09‑30 13F-HR HRS / Harris Corp. 131.70 5,800 5,824 0.41 633 767 21.17
2017‑09‑30 13F-HR DE / Deere & Co. 125.63 7,650 8,318 8.73 945 1,045 10.58
2017‑09‑30 13F-HR PRGO / Perrigo Company plc 84.73 4,050 4,107 1.41 306 348 13.73
2017‑09‑30 13F-HR CMS / CMS Energy Corp. 46.36 8,100 8,154 0.67 375 378 0.80
2017‑09‑30 13F-HR TSRO / TESARO, Inc. 129.09 19,125 22,209 16.13 2,675 2,867 7.18
2017‑09‑30 13F-HR HST / Host Hotels & Resorts, Inc. 18.49 21,666,582 15,390,562 -28.97 395,849 284,572 -28.11
2017‑09‑30 13F-HR CHSP / Chesapeake Lodging Trust 26.90 5,500 5,800 5.45 135 156 15.56
2017‑09‑30 13F-HR CCL / Carnival Corp. 64.58 18,650 21,757 16.66 1,223 1,405 14.88
2017‑09‑30 13F-HR IR / Ingersoll-Rand plc 89.17 40,444 40,652 0.51 3,696 3,625 -1.92
2017‑09‑30 13F-HR STLD / Steel Dynamics, Inc. 34.43 7,000 7,000 0.00 251 241 -3.98
2017‑09‑30 13F-HR CMA / Comerica, Inc. 76.31 8,400 8,334 -0.79 615 636 3.41
2017‑09‑30 13F-HR VCSH / Vanguard Short-Term Corporate Bond Index Fund 80.12 5,600 8,500 51.79 448 681 52.01
2017‑09‑30 13F-HR HOLX / Hologic, Inc. 36.69 95,799 157,241 64.14 4,348 5,769 32.68
2017‑09‑30 13F-HR KRC / Kilroy Realty Corp. 71.12 4,678,028 2,597,634 -44.47 351,554 184,744 -47.45
2017‑09‑30 13F-HR CDW / CDW Corporation 66.00 67,835 55,165 -18.68 4,241 3,641 -14.15
2017‑09‑30 13F-HR ITRI / Itron, Inc. 77.45 14,485 6,740 -53.47 981 522 -46.79
2017‑09‑30 13F-HR CCK / Crown Holdings, Inc. 59.74 3,900 3,900 0.00 233 233 0.00
2017‑09‑30 13F-HR NFLX / Netflix, Inc. 181.36 39,299 38,234 -2.71 5,871 6,934 18.11
2017‑09‑30 13F-HR VRSN / VeriSign, Inc. 106.49 2,650 2,667 0.64 246 284 15.45
2017‑09‑30 13F-HR FANG / Diamondback Energy, Inc. 97.98 2,650 36,601 1,281.17 235 3,586 1,425.96
2017‑09‑30 13F-HR KR / Kroger Co. 20.07 26,100 27,648 5.93 609 555 -8.87
2017‑09‑30 13F-HR PEG / Public Service Enterprise Group, Inc. 46.27 14,450 15,476 7.10 621 716 15.30
2017‑09‑30 13F-HR XYL / Xylem, Inc. 62.63 103,500 103,535 0.03 5,737 6,484 13.02
2017‑09‑30 13F-HR ADSK / Autodesk, Inc. 112.32 7,900 5,885 -25.51 796 661 -16.96
2017‑09‑30 13F-HR FLEX / Flextronics International Ltd. 16.59 14,700 16,700 13.61 240 277 15.42
2017‑09‑30 13F-HR BLL / Ball Corp. 41.30 209,372 259,222 23.81 8,838 10,706 21.14
2017‑09‑30 13F-HR QCP / Quality Care Properties, Inc. 15.47 8,320 8,920 7.21 152 138 -9.21
2017‑09‑30 13F-HR SUI / Sun Communities, Inc. 85.68 3,903,615 3,633,145 -6.93 342,308 311,288 -9.06
2017‑09‑30 13F-HR NYCB / New York Community Bancorp, Inc. 12.91 13,400 13,400 0.00 176 173 -1.70
2017‑09‑30 13F-HR ROP / Roper Technologies, Inc. 243.46 2,900 2,945 1.55 671 717 6.86
2017‑09‑30 13F-HR BVN / Compania de Minas Buenaventura S.A. 12.67 5,000 1,500 -70.00 57 19 -66.67
2017‑09‑30 13F-HR FCPT / Four Corners Property Trust, Inc. 24.92 584,240 585,040 0.14 14,670 14,579 -0.62
2017‑09‑30 13F-HR ANET / Arista Networks, Inc. 189.63 1,350 1,350 0.00 202 256 26.73
2017‑09‑30 13F-HR IVV / iShares Core S&P 500 ETF 252.93 68,430 90,630 32.44 16,657 22,923 37.62
2017‑09‑30 13F-HR CIT / CIT Group, Inc. (The) 49.05 5,400 4,200 -22.22 263 206 -21.67
2017‑09‑30 13F-HR AVID / Avid Technology, Inc. 1,440 1,140 -20.83
2017‑09‑30 13F-HR 595017AD6 / Microchip Technology Inc. 1.625% Convertible Note due 2025-12-15 54,699 48,752 -10.87
2017‑09‑30 13F-HR BCR / Bard (C.R.), Inc. 320.59 3,980 4,002 0.55 1,258 1,283 1.99
2017‑09‑30 13F-HR MNR / Monmouth Real Estate Investment Corp. 16.22 6,100 7,400 21.31 92 120 30.43
2017‑09‑30 13F-HR DLPH / Delphi Automotive Plc 98.40 120,819 69,414 -42.55 10,590 6,830 -35.51
2017‑09‑30 13F-HR VYM / Vanguard High Dividend Yield ETF 81.09 11,493 11,493 0.00 898 932 3.79
2017‑09‑30 13F-HR GWRE / Guidewire Software, Inc. 77.87 55,429 46,603 -15.92 3,809 3,629 -4.73
2017‑09‑30 13F-HR JD / JD.com, Inc. 38.20 88,406 162,700 84.04 3,467 6,215 79.26
2017‑09‑30 13F-HR UAA / Under Armour, Inc. 16.46 55,832 63,240 13.27 1,214 1,041 -14.25
2017‑09‑30 13F-HR COF / Capital One Financial Corp. 84.66 14,954 14,150 -5.38 1,235 1,198 -3.00
2017‑09‑30 13F-HR FIS / Fidelity National Information Services, Inc. 93.39 83,203 75,138 -9.69 7,106 7,017 -1.25
2017‑09‑30 13F-HR GLW / Corning, Inc. 29.92 101,100 97,153 -3.90 3,038 2,907 -4.31
2017‑09‑30 13F-HR CORECIVIC / (21871N101) 26.77 3,865,032 1,926,242 -50.16 106,598 51,566 -51.63
2017‑09‑30 13F-HR UA / Under Armour, Inc., Class C 15.02 60,261 257,929 328.02 1,214 3,874 219.11
2017‑09‑30 13F-HR LB / L Brands, Inc. 41.61 77,927 51,019 -34.53 4,200 2,123 -49.45
2017‑09‑30 13F-HR COO / Cooper Companies, Inc. (The) 237.15 2,350 2,374 1.02 563 563 0.00
2017‑09‑30 13F-HR ESRX / Express Scripts Holding Co. 63.33 35,645 25,816 -27.57 2,276 1,635 -28.16
2017‑09‑30 13F-HR AMTD / TD AmeriTrade Holding Corp. 48.78 7,708 7,708 0.00 331 376 13.60
2017‑09‑30 13F-HR AHH / Armada Hoffler Properites, Inc. 13.90 4,100 4,100 0.00 53 57 7.55
2017‑09‑30 13F-HR QRVO / Qorvo, Inc. 70.62 3,600 3,625 0.69 228 256 12.28
2017‑09‑30 13F-HR EW / Edwards Lifesciences Corp. 109.36 9,600 9,583 -0.18 1,135 1,048 -7.67
2017‑09‑30 13F-HR SYK / Stryker Corp. 142.01 16,900 17,266 2.17 2,345 2,452 4.56
2017‑09‑30 13F-HR WCN / Waste Connections, Inc. 69.96 143,025 141,543 -1.04 9,214 9,902 7.47
2017‑09‑30 13F-HR INCY / Incyte Corp. 116.74 20,030 30,726 53.40 2,522 3,587 42.23
2017‑09‑30 13F-HR AHT / Ashford Hospitality Trust Inc. 6.63 6,800 8,900 30.88 41 59 43.90
2017‑09‑30 13F-HR CA / CA, Inc. 26.27 1,142 1,142 0.00 115 30 -73.91
2017‑09‑30 13F-HR PNW / Pinnacle West Capital Corp. 84.64 5,150 5,541 7.59 439 469 6.83
2017‑09‑30 13F-HR VIV / Telefonica Brasil, S.A. 15.84 158,260 109,560 -30.77 2,135 1,735 -18.74
2017‑09‑30 13F-HR FDX / FedEx Corp. 225.61 9,436 7,832 -17.00 2,051 1,767 -13.85
2017‑09‑30 13F-HR CDNS / Cadence Design Systems, Inc. 39.49 14,300 14,154 -1.02 479 559 16.70
2017‑09‑30 13F-HR BAC / Bank of America Corp. 25.34 783,907 861,586 9.91 19,018 21,833 14.80
2017‑09‑30 13F-HR FRC / First Republic Bank (San Francisco, California) 104.57 4,350 4,600 5.75 435 481 10.57
2017‑09‑30 13F-HR DIS / The Walt Disney Co. 98.56 90,770 90,455 -0.35 9,644 8,915 -7.56
2017‑09‑30 13F-HR REXR / Rexford Industrial Realty, Inc. 28.57 6,000 7,000 16.67 165 200 21.21
2017‑09‑30 13F-HR PXD / Pioneer Natural Resources Co. 147.52 34,723 5,118 -85.26 5,541 755 -86.37
2017‑09‑30 13F-HR OKE.WI / ONEOK, Inc. 55.39 5,850 11,193 91.33 305 620 103.28
2017‑09‑30 13F-HR ADP / Automatic Data Processing, Inc. 109.32 79,850 55,479 -30.52 8,182 6,065 -25.87
2017‑09‑30 13F-HR ALLY / Ally Financial Inc. 24.30 13,500 13,500 0.00 282 328 16.31
2017‑09‑30 13F-HR DBC / PowerShares DB Commodity Index Tracking Fund 16.00 100 500 400.00 1 8 700.00
2017‑09‑30 13F-HR ARMK / Aramark 40.61 147,775 167,502 13.35 6,056 6,803 12.33
2017‑09‑30 13F-HR CHRW / C.H. Robinson Worldwide, Inc. 76.12 4,000 4,427 10.68 275 337 22.55
2017‑09‑30 13F-HR FITB / Fifth Third Bancorp 27.98 24,777 22,195 -10.42 643 621 -3.42
2017‑09‑30 13F-HR CHTR / Charter Communications, Inc. 363.40 25,043 20,165 -19.48 8,435 7,328 -13.12
2017‑09‑30 13F-HR NOW / ServiceNow, Inc. 117.53 61,378 -6.80 34,614 7,214 -79.16
2017‑09‑30 13F-HR NOW / ServiceNow, Inc. 65,859 6,981 34,614 395.83
2017‑09‑30 13F-HR SBAC / SBA Communications Corp. 144.13 5,350 5,398 0.90 722 778 7.76
2017‑09‑30 13F-HR CHK / Chesapeake Energy Corp. 6.80 0 147 0 1
2017‑09‑30 13F-HR XRX / Xerox Corp. 33.31 5,750 13,391 132.89 165 446 170.30
2017‑09‑30 13F-HR IPG / Interpublic Group of Companies, Inc. (The) 20.79 105,200 104,676 -0.50 2,588 2,176 -15.92
2017‑09‑30 13F-HR STI / SunTrust Banks, Inc. 59.74 13,998 14,714 5.12 794 879 10.71
2017‑09‑30 13F-HR GPS / Gap, Inc. (The) 29.50 10,700 10,643 -0.53 235 314 33.62
2017‑09‑30 13F-HR COP / ConocoPhillips 50.05 35,100 37,441 6.67 1,543 1,874 21.45
2017‑09‑30 13F-HR VIA / Viacom, Inc. 27.87 28,501 10,333 -63.75 956 288 -69.87
2017‑09‑30 13F-HR APLE / Apple Hospitality REIT, Inc. 18.91 14,100 830,431 5,789.58 264 15,704 5,848.48
2017‑09‑30 13F-HR VC / Visteon Corp. 123.79 0 2,900 0 359
2017‑09‑30 13F-HR WDAY / Workday, Inc. 105.39 38,144 10.12 28,150 4,020 -85.72
2017‑09‑30 13F-HR WDAY / Workday, Inc. 34,640 3,361 28,150 737.55
2017‑09‑30 13F-HR TWX / Time Warner, Inc. 102.44 47,549 47,177 -0.78 4,774 4,833 1.24
2017‑09‑30 13F-HR XLB / SPDR Materials Select Sector ETF 56.76 2,900 3,400 17.24 156 193 23.72
2017‑09‑30 13F-HR OC / Owens Corning, Inc. 77.35 0 106,400 0 8,230
2017‑09‑30 13F-HR S / Sprint Corporation 7.76 25,379 25,379 0.00 208 197 -5.29
2017‑09‑30 13F-HR CIEN / Ciena Corp. 9.37 0 3,522 0 33
2017‑09‑30 13F-HR GVA / Granite Construction, Inc. 57.95 46,300 46,300 0.00 2,234 2,683 20.10
2017‑09‑30 13F-HR PCLN / The Priceline Group Inc. 1,830.84 100 7,283 7,183.00 2 13,334 666,600.00
2017‑09‑30 13F-HR PCLN / The Priceline Group Inc. 20.00 100 70,729 2 -100.00
2017‑09‑30 13F-HR PCLN / The Priceline Group Inc. 25,149 70,729 181.24
2017‑09‑30 13F-HR PCLN / The Priceline Group Inc. 7,432 13,901 25,149 80.92
2017‑09‑30 13F-HR AZO / AutoZone, Inc. 595.24 6,715 5,045 -24.87 3,831 3,003 -21.61
2017‑09‑30 13F-HR WYNN / Wynn Resorts Ltd. 148.79 3,000 2,984 -0.53 402 444 10.45
2017‑09‑30 13F-HR BNS / Bank of Nova Scotia (Halifax, NS) 64.23 19,200 16,800 -12.50 1,154 1,079 -6.50
2017‑09‑30 13F-HR VCIT / Vanguard Intermediate-Term Corporate Bond Index Fund 88.05 5,100 7,700 50.98 446 678 52.02
2017‑09‑30 13F-HR HYG / iShares iBoxx $ High Yield Corporate Bond ETF 88.77 91,300 91,500 0.22 8,070 8,122 0.64
2017‑09‑30 13F-HR ALB / Albemarle Corp. 136.39 5,300 5,345 0.85 559 729 30.41
2017‑09‑30 13F-HR RE / Everest RE Group, Ltd. (Holding Co.) 228.26 13,200 2,208 -83.27 3,361 504 -85.00
2017‑09‑30 13F-HR CXP / Columbia Property Trust, Inc. 21.80 10,900 12,200 11.93 244 266 9.02
2017‑09‑30 13F-HR GLD / SPDR Gold Shares 121.62 7,500 7,400 -1.33 885 900 1.69
2017‑09‑30 13F-HR FAST / Fastenal Co. 45.57 7,950 8,689 9.30 346 396 14.45
2017‑09‑30 13F-HR ETV / Eaton Vance Tax-Managed Buy-Write Opportunities Fund 49.35 3,100 3,100 0.00 147 153 4.08
2017‑09‑30 13F-HR UHT / Universal Health Realty Income Trust 75.83 1,100 1,200 9.09 87 91 4.60
2017‑09‑30 13F-HR FR / First Industrial Realty Trust, Inc. 30.08 10,600 12,000 13.21 303 361 19.14
2017‑09‑30 13F-HR TRIP / TripAdvisor, Inc. 40.53 15,950 46,906 194.08 609 1,901 212.15
2017‑09‑30 13F-HR NWL / Newell Brands Inc. 42.67 13,700 17,295 26.24 735 738 0.41
2017‑09‑30 13F-HR PLD / Prologis, Inc. 63.46 7,047,958 5,223,565 -25.89 413,292 331,488 -19.79
2017‑09‑30 13F-HR VNO / Vornado Realty Trust 76.88 4,128,685 3,877,471 -6.08 387,683 298,100 -23.11
2017‑09‑30 13F-HR CHD / Church & Dwight Co., Inc. 48.43 7,200 7,248 0.67 374 351 -6.15
2017‑09‑30 13F-HR BUFF / Blue Buffalo Pet Products, Inc. 28.35 132,900 132,825 -0.06 3,031 3,766 24.25
2017‑09‑30 13F-HR ESRT / Empire State Realty Trust, Inc. 20.54 7,302,285 7,322,597 0.28 151,669 150,407 -0.83
2017‑09‑30 13F-HR MDQZZ / MedEquities Realty Trust, Inc. 11.61 1,200 3,100 158.33 15 36 140.00
2017‑09‑30 13F-HR ZB.PRA / Zions Bancorporation 47.14 6,000 6,937 15.62 263 327 24.33
2017‑09‑30 13F-HR AMD / Advanced Micro Devices, Inc. 12.76 21,200 25,392 19.77 265 324 22.26
2017‑09‑30 13F-HR JAZZ / Jazz Pharmaceuticals, Inc. 146.06 1,650 1,650 0.00 257 241 -6.23
2017‑09‑30 13F-HR LRCX / Lam Research Corp. 185.08 10,320 65,357 1,910 -97.08
2017‑09‑30 13F-HR POOL / Pool Corp. 108.12 1,600 1,600 0.00 188 173 -7.98
2017‑09‑30 13F-HR GS / Goldman Sachs Group, Inc. (The) 237.20 27,647 26,307 -4.85 6,135 6,240 1.71
2017‑09‑30 13F-HR VRSK / Verisk Analytics, Inc. 83.28 4,550 4,971 9.25 384 414 7.81
2017‑09‑30 13F-HR DXCM / DexCom, Inc. 49.13 2,300 2,300 0.00 168 113 -32.74
2017‑09‑30 13F-HR SNH / Senior Housing Properties Trust 19.53 21,500 23,600 9.77 439 461 5.01
2017‑09‑30 13F-HR FTV / Fortive Corporation 70.76 33,302 9,158 -72.50 2,109 648 -69.27
2017‑09‑30 13F-HR NI / NiSource, Inc. 25.61 11,300 11,363 0.56 287 291 1.39
2017‑09‑30 13F-HR GEO / Geo Group, Inc. (The) 26.90 4,360,526 4,351,486 -0.21 128,941 117,055 -9.22
2017‑09‑30 13F-HR WR / Westar Energy, Inc. 49.51 4,100 4,100 0.00 217 203 -6.45
2017‑09‑30 13F-HR POWERSHARES ETF / TR II EMER MRKT PORT (73936T763) 21.32 71,000 77,000 8.45 1,409 1,642 16.54
2017‑09‑30 13F-HR DXC / DXC Technology Company 85.87 15,609 15,814 1.31 1,198 1,358 13.36
2017‑09‑30 13F-HR XL / XL Group Ltd. 39.46 28,050 28,101 0.18 1,229 1,109 -9.76
2017‑09‑30 13F-HR ALSN / Allison Transmission Holdings, Inc. 37.53 285,600 235,600 -17.51 10,713 8,842 -17.46
2017‑09‑30 13F-HR MELI / MercadoLibre, Inc. 258.72 2,180 2,180 0.00 547 564 3.11
2017‑09‑30 13F-HR WYN / Wyndham Worldwide Corp. 105.37 11,000 8,570 -22.09 1,105 903 -18.28
2017‑09‑30 13F-HR AMG / Affiliated Managers Group, Inc. 189.89 1,450 1,780 22.76 240 338 40.83
2017‑09‑30 13F-HR CX / Cemex S.A.B de C.V. 9.09 18,597 14,297 -23.12 175 130 -25.71
2017‑09‑30 13F-HR SCMP / Sucampo Pharmaceuticals, Inc. 2,922 2,067 -29.26
2017‑09‑30 13F-HR DHR / Danaher Corp. 85.78 17,650 18,525 4.96 1,489 1,589 6.72
2017‑09‑30 13F-HR ECL / Ecolab, Inc. 128.65 7,400 7,703 4.09 982 991 0.92
2017‑09‑30 13F-HR CINF / Cincinnati Financial Corp. 76.51 4,415 4,444 0.66 320 340 6.25
2017‑09‑30 13F-HR BJK / VanEck Vectors ETF TR 58.97 3,500 3,900 11.43 193 230 19.17
2017‑09‑30 13F-HR NAVI / Navient Corporation 14.95 7,100 7,155 0.77 118 107 -9.32
2017‑09‑30 13F-HR NEM / Newmont Mining Corp. 37.52 15,150 15,350 1.32 491 576 17.31
2017‑09‑30 13F-HR WDC / Western Digital Corp. 86.43 16,845 26,206 55.57 1,492 2,265 51.81
2017‑09‑30 13F-HR PWR / Quanta Services, Inc. 37.37 396,000 471,529 19.07 13,036 17,621 35.17
2017‑09‑30 13F-HR HRB / Block (H.&R.), Inc. 26.41 6,700 6,740 0.60 207 178 -14.01
2017‑09‑30 13F-HR OREX / Orexigen Therapeutics, Inc. 67.57 0 222 0 15
2017‑09‑30 13F-HR WHLR / Wheeler Real Estate Investment Trust, Inc. 12.82 312 312 0.00 3 4 33.33
2017‑09‑30 13F-HR TROX / Tronox Ltd 21.13 7,000 5,300 -24.29 106 112 5.66
2017‑09‑30 13F-HR SO / Southern Co. (The) 49.14 57,350 59,216 3.25 2,746 2,910 5.97
2017‑09‑30 13F-HR XOP / SPDR S&P Oil & Gas Exploration & Production ETF 34.17 2,000 2,400 20.00 64 82 28.13
2017‑09‑30 13F-HR DPZ / Dominos Pizza Inc. 198.64 4,400 4,400 0.00 931 874 -6.12
2017‑09‑30 13F-HR DISCK / Discovery Communications, Inc. 20.28 6,370 6,411 0.64 161 130 -19.25
2017‑09‑30 13F-HR ANSS / ANSYS, Inc. 122.69 4,150 4,067 -2.00 505 499 -1.19
2017‑09‑30 13F-HR AMGN / Amgen Inc. 186.45 25,550 39,608 55.02 4,401 7,385 67.80
2017‑09‑30 13F-HR HBI / Hanesbrands, Inc. 24.67 10,200 11,470 12.45 236 283 19.92
2017‑09‑30 13F-HR AHP / Ashford Hospitality Prime, Inc. 9.69 2,373 2,373 0.00 24 23 -4.17
2017‑09‑30 13F-HR EMLC / VanEck Vectors ETF TR 23.12 1,400 1,600 14.29 31 37 19.35
2017‑09‑30 13F-HR MA / MasterCard Incorporated 141.21 103,405 91,999 -11.03 12,558 12,991 3.45
2017‑09‑30 13F-HR BK / Bank of New York Mellon Corp. (The) 53.01 34,521 56,701 64.25 1,761 3,006 70.70
2017‑09‑30 13F-HR XOM / Exxon Mobil Corp. 81.98 192,954 187,995 -2.57 15,577 15,412 -1.06
2017‑09‑30 13F-HR MAN / ManpowerGroup 117.73 13,750 4,850 -64.73 1,535 571 -62.80
2017‑09‑30 13F-HR KO / Coca Cola Co. 45.01 184,460 158,688 -13.97 8,273 7,143 -13.66
2017‑09‑30 13F-HR BBBY / Bed Bath & Beyond Inc. 23.52 4,550 4,550 0.00 138 107 -22.46
2017‑09‑30 13F-HR PPL / PPL Corp. 37.95 19,300 20,132 4.31 746 764 2.41
2017‑09‑30 13F-HR SCHW / Schwab Charles Corp 43.74 34,250 36,142 5.52 1,471 1,581 7.48
2017‑09‑30 13F-HR ALXN / Alexion Pharmaceuticals, Inc. 140.23 6,300 6,582 4.48 767 923 20.34
2017‑09‑30 13F-HR AXP / American Express Co. 90.46 68,590 68,241 -0.51 5,778 6,173 6.84
2017‑09‑30 13F-HR VFC / V.F. Corp. 63.58 79,883 9,988 -87.50 4,601 635 -86.20
2017‑09‑30 13F-HR ELR / SPDR Series Trust 28.00 3,000 3,000 0.00 84 84 0.00
2017‑09‑30 13F-HR GOGO / Gogo Inc. 11.81 475,000 5,014 5,609 11.87
2017‑09‑30 13F-HR PCAR / PACCAR, Inc. 72.34 275,587 274,638 -0.34 18,200 19,867 9.16
2017‑09‑30 13F-HR ADC / Agree Realty Corp. 49.26 2,600 2,700 3.85 119 133 11.76
2017‑09‑30 13F-HR LBTYA / Liberty Global plc (Class A) 33.92 6,903 25,003 262.20 222 848 281.98
2017‑09‑30 13F-HR COTY / Coty, Inc. 16.53 199,191 200,352 0.58 3,737 3,312 -11.37
2017‑09‑30 13F-HR XEL / Xcel Energy, Inc. 47.32 22,250 22,148 -0.46 1,021 1,048 2.64
2017‑09‑30 13F-HR VRTX / Vertex Pharmaceuticals Inc. 152.10 7,170 7,561 5.45 924 1,150 24.46
2017‑09‑30 13F-HR AON / Aon Plc 146.12 27,260 7,795 -71.40 3,624 1,139 -68.57
2017‑09‑30 13F-HR MDT / Medtronic plc 77.79 41,751 42,076 0.78 3,705 3,273 -11.66
2017‑09‑30 13F-HR UDR / UDR, Inc. 38.03 16,010,308 14,340,814 -10.43 623,922 545,381 -12.59
2017‑09‑30 13F-HR PKG / Packaging Corp. of America 114.68 6,950 78,164 1,024.66 774 8,964 1,058.14
2017‑09‑30 13F-HR CE / Celanese Corp. 104.29 4,200 4,200 0.00 399 438 9.77
2017‑09‑30 13F-HR WBA / Walgreens Boots Alliance, Inc. 77.22 26,300 27,429 4.29 2,060 2,118 2.82
2017‑09‑30 13F-HR FBHS / Fortune Brands Home & Security, Inc. 67.23 41,996 52,730 25.56 2,740 3,545 29.38
2017‑09‑30 13F-HR PEI / Pennsylvania Real Estate Investment Trust 10.43 6,000 7,000 16.67 68 73 7.35
2017‑09‑30 13F-HR RSX / VanEck Vectors ETF TR 22.38 5,300 2,100 -60.38 102 47 -53.92
2017‑09‑30 13F-HR ETR / Entergy Corp. 76.32 5,050 5,385 6.63 388 411 5.93
2017‑09‑30 13F-HR AGNC / AGNC Investment Corp. 21.69 16,800 16,600 -1.19 358 360 0.56
2017‑09‑30 13F-HR TARO / Taro Pharmaceutical Industries, Ltd. 113.33 300 300 0.00 34 34 0.00
2017‑09‑30 13F-HR UNP / Union Pacific Corp. 115.97 226,560 194,990 -13.93 24,675 22,613 -8.36
2017‑09‑30 13F-HR IYM / iShares U.S. Basic Materials ETF 95.83 1,100 1,200 9.09 98 115 17.35
2017‑09‑30 13F-HR SRCL / Stericycle, Inc. 71.78 2,450 2,466 0.65 187 177 -5.35
2017‑09‑30 13F-HR DOV / Dover Corp. 91.39 175,050 175,380 0.19 14,043 16,028 14.14
2017‑09‑30 13F-HR UHAL / AMERCO 375.00 240 240 0.00 88 90 2.27
2017‑09‑30 13F-HR LLY / Eli Lilly & Co. 85.55 775 42,793 5,421.68 1,220 3,661 200.08
2017‑09‑30 13F-HR LLY / Eli Lilly & Co. 1,574.19 41,750 775 -98.14 3,436 1,220 -64.49
2017‑09‑30 13F-HR NUAN / Nuance Communications, Inc. 15.71 8,400 8,400 0.00 146 132 -9.59
2017‑09‑30 13F-HR RHT / Red Hat, Inc. 5,200 498 15,405 2,993.37
2017‑09‑30 13F-HR LOW / Lowe's Companies, Inc. 79.95 42,950 43,053 0.24 3,330 3,442 3.36
2017‑09‑30 13F-HR SLV / iShares Silver Trust 15.73 30,500 41,700 36.72 478 656 37.24
2017‑09‑30 13F-HR CIO / City Office REIT Inc. 13.64 2,200 2,200 0.00 28 30 7.14
2017‑09‑30 13F-HR FBR / Fibria Celulose S.A. 13.55 93,200 88,000 -5.58 947 1,192 25.87
2017‑09‑30 13F-HR HRL / Hormel Foods Corp. 32.19 8,200 9,102 11.00 280 293 4.64
2017‑09‑30 13F-HR TEX / Terex Corp. 45.02 208,000 188,000 -9.62 7,800 8,464 8.51
2017‑09‑30 13F-HR HDS / Hd Supply Inc. 36.10 5,900 5,900 0.00 181 213 17.68
2017‑09‑30 13F-HR CVS / CVS Health Corporation 81.32 36,713 43,039 17.23 2,954 3,500 18.48
2017‑09‑30 13F-HR DISCA / Discovery Communications, Inc. 21.23 4,540 4,570 0.66 117 97 -17.09
2017‑09‑30 13F-HR CLDT / Chatham Lodging Trust 21.28 3,400 3,900 14.71 68 83 22.06
2017‑09‑30 13F-HR SPLV / PowerShares S&P 500 Low Volatility Portfolio 45.78 14,700 17,300 17.69 658 792 20.36
2017‑09‑30 13F-HR EOCC / Empresa Nacional de Electricidad S.A. 26.40 2,500 1,250 -50.00 57 33 -42.11
2017‑09‑30 13F-HR DVN / Devon Energy Corp. 36.71 13,400 15,364 14.66 428 564 31.78
2017‑09‑30 13F-HR SPLK / Splunk Inc. 66.42 98,077 109,433 11.58 5,579 7,269 30.29
2017‑09‑30 13F-HR GPRO / GoPro, Inc. 11.00 1,500 95,000 6,233.33 1 1,045 104,400.00
2017‑09‑30 13F-HR GPRO / GoPro, Inc. 0.67 2,250 1,500 -33.33 123 1 -99.19
2017‑09‑30 13F-HR EQCO / Equity Commonwealth 5.75% Senior Notes due 8/1/2042 30.38 11,075 12,475 12.64 350 379 8.29
2017‑09‑30 13F-HR AGO / Assured Guaranty Ltd. 37.76 40,707 63,804 56.74 1,699 2,409 41.79
2017‑09‑30 13F-HR LLL / L-3 Communications Holdings, Inc. 188.35 2,200 2,437 10.77 368 459 24.73
2017‑09‑30 13F-HR ALGN / Align Technology, Inc. 186.33 4,400 4,315 -1.93 661 804 21.63
2017‑09‑30 13F-HR TDG / Transdigm Group, Inc. 255.89 1,550 1,571 1.35 417 402 -3.60
2017‑09‑30 13F-HR ZBH / Zimmer Biomet Holdings, Inc 117.16 7,350 6,982 -5.01 944 818 -13.35
2017‑09‑30 13F-HR ADBE / Adobe Systems, Inc. 149.19 28,400 28,776 1.32 4,017 4,293 6.87
2017‑09‑30 13F-HR UBA / Urstadt Biddle Properties, Inc. 21.85 177,978 2,700 -98.48 4,650 59 -98.73
2017‑09‑30 13F-HR UBA / Urstadt Biddle Properties, Inc. 26.13 177,978 177,978 0.00 4,695 4,650 -0.96
2017‑09‑30 13F-HR SKT / Tanger Factory Outlet Centers, Inc. 24.38 22,900 9,600 -58.08 595 234 -60.67
2017‑09‑30 13F-HR DVMT / Dell Technologies Inc. 77.13 6,171 6,171 0.00 377 476 26.26
2017‑09‑30 13F-HR TRMB / Trimble Navigation Ltd. 39.21 13,000 12,700 -2.31 464 498 7.33
2017‑09‑30 13F-HR LUK / Leucadia National Corp. 25.27 9,000 9,063 0.70 235 229 -2.55
2017‑09‑30 13F-HR EPP / iShares MSCI Pacific ex-Japan ETF 46.25 36,660 35,960 -1.91 1,631 1,663 1.96
2017‑09‑30 13F-HR CCI / Crown Castle International Corp. 99.98 3,737,065 5,357,951 43.37 374,379 535,687 43.09
2017‑09‑30 13F-HR IDXX / IDEXX Laboratories, Inc. 155.49 7,750 6,367 -17.85 1,251 990 -20.86
2017‑09‑30 13F-HR URI / United Rentals, Inc. 138.74 213,700 221,821 3.80 24,086 30,775 27.77
2017‑09‑30 13F-HR JEC / Jacobs Engineering Group, Inc. 58.26 46,300 46,323 0.05 2,518 2,699 7.19
2017‑09‑30 13F-HR AGN / Allergan plc 204.90 42,784 10,078 -76.44 10,400 2,065 -80.14
2017‑09‑30 13F-HR TXT / Textron, Inc. 53.90 7,950 8,071 1.52 374 435 16.31
2017‑09‑30 13F-HR ALV / Autoliv, Inc. 123.53 2,550 2,550 0.00 280 315 12.50
2017‑09‑30 13F-HR LVS / Las Vegas Sands Corp. 64.15 37,680 31,600 -16.14 2,407 2,027 -15.79
2017‑09‑30 13F-HR EQT / EQT Corp. 65.33 5,050 5,128 1.54 296 335 13.18
2017‑09‑30 13F-HR IBM / International Business Machines Corp. 145.06 43,090 41,810 -2.97 6,629 6,065 -8.51
2017‑09‑30 13F-HR AIG / American International Group, Inc. 61.39 1,250 196,332 15,606.56 368 12,052 3,175.00
2017‑09‑30 13F-HR AIG / American International Group, Inc. 294.40 166,892 1,250 -99.25 10,434 368 -96.47
2017‑09‑30 13F-HR CA / CA, Inc. 33.42 1,142 9,366 720.14 30 313 943.33
2017‑09‑30 13F-HR SIG / Signet Jewelers Ltd. 66.55 1,700 1,713 0.76 108 114 5.56
2017‑09‑30 13F-HR O / Realty Income Corp. 57.20 45,700 49,530 8.38 2,522 2,833 12.33
2017‑09‑30 13F-HR NTRSP / Northern Trust Corp. 91.94 53,352 61,270 14.84 5,187 5,633 8.60
2017‑09‑30 13F-HR TGT / Target Corp. 59.02 41,650 30,057 -27.83 2,178 1,774 -18.55
2017‑09‑30 13F-HR PFE / Pfizer, Inc. 9.66 305,037 962,800 215.63 10,890 9,301 -14.59
2017‑09‑30 13F-HR PFE / Pfizer, Inc. 35.70 974,700 305,037 -68.70 7,271 10,890 49.77
2017‑09‑30 13F-HR EQC.PRD / Equity Commonwealth 6.5% Series D Cumulative Convertible Preferred Shares 26.63 123,448 98,448 -20.25 3,215 2,622 -18.44
2017‑09‑30 13F-HR BLUE / bluebird bio, Inc. 137.33 16,895 21,263 25.85 1,775 2,920 64.51
2017‑09‑30 13F-HR FSP / Franklin Street Properties Corp. 10.58 9,200 10,300 11.96 102 109 6.86
2017‑09‑30 13F-HR MMC / Marsh & McLennan Companies, Inc. 83.80 23,650 23,794 0.61 1,844 1,994 8.13
2017‑09‑30 13F-HR TER / Teradyne, Inc. 37.29 0 84,930 0 3,167
2017‑09‑30 13F-HR AVTCQ / AVT, Inc. 39.23 3,900 3,900 0.00 152 153 0.66
2017‑09‑30 13F-HR DRH / Diamond Rock Hospitality Co. 10.93 18,042 19,942 10.53 198 218 10.10
2017‑09‑30 13F-HR DVA / DaVita HealthCare Partners Inc. 59.42 4,800 4,830 0.62 311 287 -7.72
2017‑09‑30 13F-HR MHK / Mohawk Industries, Inc. 247.36 2,150 2,082 -3.16 520 515 -0.96
2017‑09‑30 13F-HR SPG / Simon Property Group, Inc. 161.01 5,308,368 4,806,609 -9.45 858,682 773,912 -9.87
2017‑09‑30 13F-HR PRU / Prudential Financial, Inc. 106.34 31,050 12,968 -58.24 3,358 1,379 -58.93
2017‑09‑30 13F-HR RLJ / RLJ Lodging Trust 22.00 11,200 585,769 5,130.08 223 12,887 5,678.92
2017‑09‑30 13F-HR AAT / American Assets Trust Inc 39.75 3,700 4,000 8.11 146 159 8.90
2017‑09‑30 13F-HR EXP / Eagle Materials, Inc. 106.70 74,200 74,200 0.00 6,858 7,917 15.44
2017‑09‑30 13F-HR BBD / Banco Bradesco S.A. 11.07 1,013,938 1,028,738 1.46 8,618 11,388 32.14
2017‑09‑30 13F-HR V / Visa, Inc. 105.24 187,941 176,095 -6.30 17,625 18,533 5.15
2017‑09‑30 13F-HR CERN / Cerner Corp. 71.35 14,950 14,871 -0.53 994 1,061 6.74
2017‑09‑30 13F-HR LYV / Live Nation Entertainment, Inc. 43.56 40,600 32,000 -21.18 1,415 1,394 -1.48
2017‑09‑30 13F-HR SBS / Companhia de Saneamento Basico do Estado de Sao Paulo 10.46 158,100 135,600 -14.23 1,505 1,418 -5.78
2017‑09‑30 13F-HR CLI / Mack-Cali Realty Corp. 23.67 8,100 9,000 11.11 220 213 -3.18
2017‑09‑30 13F-HR ZAYO / Zayo Group Holdings, Inc. 34.51 4,600 5,100 10.87 142 176 23.94
2017‑09‑30 13F-HR NVDA / NVIDIA Corp. 178.76 122,495 94,479 -22.87 17,707 16,889 -4.62
2017‑09‑30 13F-HR CBD / Companhia Brasileira de Distribuicao 23.70 81,100 13,800 -82.98 1,586 327 -79.38
2017‑09‑30 13F-HR LVLT / Level 3 Communications, Inc. 53.29 8,750 8,876 1.44 519 473 -8.86
2017‑09‑30 13F-HR TJX / TJX Companies, Inc. (The) 73.72 28,400 30,588 7.70 2,050 2,255 10.00
2017‑09‑30 13F-HR DHI / D.R. Horton, Inc. 39.94 10,316 14,573 41.27 357 582 63.03
2017‑09‑30 13F-HR MTRN / Materion Corp. 43.33 2,500 300 -88.00 94 13 -86.17
2017‑09‑30 13F-HR FFIV / F5 Networks, Inc. 120.47 1,750 1,793 2.46 222 216 -2.70
2017‑09‑30 13F-HR STT / State Street Corp. 95.52 12,143 12,887 6.13 1,090 1,231 12.94
2017‑09‑30 13F-HR RCL / Royal Caribbean Cruises Ltd. 118.50 10,100 10,017 -0.82 1,103 1,187 7.62
2017‑09‑30 13F-HR CLR / Continental Resources, Inc. 38.43 2,550 2,550 0.00 82 98 19.51
2017‑09‑30 13F-HR CLB / Core Laboratories N.V. 98.57 1,400 1,400 0.00 142 138 -2.82
2017‑09‑30 13F-HR COG / Cabot Oil & Gas Corp. 26.78 13,500 13,590 0.67 339 364 7.37
2017‑09‑30 13F-HR TMO / Thermo Fisher Scientific, Inc. 189.21 11,250 49,633 341.18 1,963 9,391 378.40
2017‑09‑30 13F-HR LEXINGTON REALTY TRUST / PFD CONV SER C (529043309) 51.20 23,612 23,612 0.00 1,202 1,209 0.58
2017‑09‑30 13F-HR ABBV / AbbVie Inc. 88.86 79,195 66,967 -15.44 5,743 5,951 3.62
2017‑09‑30 13F-HR NDAQ / Nasdaq, Inc. 77.55 3,200 3,572 11.62 229 277 20.96
2017‑09‑30 13F-HR SIMO / Silicon Motion Technology Corp. 48.10 0 2,100 0 101
2017‑09‑30 13F-HR APD / Air Products & Chemicals, Inc. 151.16 5,850 6,536 11.73 837 988 18.04
2017‑09‑30 13F-HR HAS / Hasbro, Inc. 97.71 3,200 7,154 123.56 357 699 95.80
2017‑09‑30 13F-HR RRC / Range Resources Corp. 19.60 5,300 6,736 27.09 123 132 7.32
2017‑09‑30 13F-HR EEMV / iShares MSCI Emerging Markets Minimum Volatility Index Fund 58.11 4,600 5,300 15.22 255 308 20.78
2017‑09‑30 13F-HR L / Loews Corp. 47.89 8,300 8,353 0.64 389 400 2.83
2017‑09‑30 13F-HR AVY / Avery Dennison Corp. 98.30 2,750 2,767 0.62 243 272 11.93
2017‑09‑30 13F-HR SYMC / Symantec Corp. 32.80 44,750 54,383 21.53 1,264 1,784 41.14
2017‑09‑30 13F-HR PDPR / Marathon Group Corp. 56.09 14,900 33,286 123.40 780 1,867 139.36
2017‑09‑30 13F-HR MUR / Murphy Oil Corp. 26.54 4,860 4,860 0.00 125 129 3.20
2017‑09‑30 13F-HR OGE / OGE Energy Corp. 36.10 5,900 5,900 0.00 205 213 3.90
2017‑09‑30 13F-HR AIZ / Assurant, Inc. 95.73 1,650 1,661 0.67 171 159 -7.02
2017‑09‑30 13F-HR FCX / Freeport-McMoRan Inc. 14.03 37,158 41,758 12.38 446 586 31.39
2017‑09‑30 13F-HR SPY / SPDR S&P 500 ETF Trust 251.20 23,020 5,000 -78.28 5,566 1,256 -77.43
2017‑09‑30 13F-HR MPW / Medical Properties Trust Inc. 13.13 32,500 36,100 11.08 418 474 13.40
2017‑09‑30 13F-HR KHC / Kraft Heinz Company 77.57 17,203 18,073 5.06 1,473 1,402 -4.82
2017‑09‑30 13F-HR UHS / Universal Health Services, Inc. 110.94 54,107 59,105 9.24 6,605 6,557 -0.73
2017‑09‑30 13F-HR CAT / Caterpillar, Inc. 124.71 162,625 155,471 -4.40 17,475 19,389 10.95
2017‑09‑30 13F-HR GRA / Grace (W. R.) & Co. 72.09 2,150 2,150 0.00 155 155 0.00
2017‑09‑30 13F-HR WEC / WEC Energy Group, Inc. 62.77 10,830 10,802 -0.26 665 678 1.95
2017‑09‑30 13F-HR KRG / Kite Realty Group Trust 20.19 7,525 7,925 5.32 142 160 12.68
2017‑09‑30 13F-HR KSU / Kansas City Southern 108.69 40,000 40,171 0.43 4,186 4,366 4.30
2017‑09‑30 13F-HR CPT / Camden Property Trust 91.44 17,450 11,450 -34.38 1,492 1,047 -29.83
2017‑09‑30 13F-HR CDK / CDK Global, Inc. 63.14 3,500 3,500 0.00 217 221 1.84
2017‑09‑30 13F-HR RMD / ResMed Inc. 76.89 4,200 4,227 0.64 327 325 -0.61
2017‑09‑30 13F-HR YELP / Yelp, Inc. 43.26 232,477 14,865 -93.61 6,978 643 -90.79
2017‑09‑30 13F-HR CBI / Chicago Bridge & Iron Co., N.V. 16.78 70,110 36,290 -48.24 1,383 609 -55.97
2017‑09‑30 13F-HR WLTW / Willis Towers Watson Public Limited Company 154.16 3,846 3,905 1.53 559 602 7.69
2017‑09‑30 13F-HR BDX / Becton Dickinson & Co. 195.91 6,410 9,137 42.54 1,251 1,790 43.09
2017‑09‑30 13F-HR MBT / Mobile TeleSystem PJSC 10.44 231,700 159,250 -31.27 1,942 1,663 -14.37
2017‑09‑30 13F-HR LYB / LyondellBasell Industries NV 99.08 17,600 17,824 1.27 1,485 1,766 18.92
2017‑09‑30 13F-HR JWN / Nordstrom, Inc. 47.17 3,800 9,222 142.68 182 435 139.01
2017‑09‑30 13F-HR ELS / Equity Lifestyles Properties, Inc. 85.08 1,860,764 2,205,958 18.55 160,658 187,683 16.82
2017‑09‑30 13F-HR GUNR / FlexShares Global Upstream Natural Resources Index Fund 31.22 4,500 4,900 8.89 129 153 18.60
2017‑09‑30 13F-HR GE / General Electric Co. 24.18 588,128 580,928 -1.22 15,885 14,047 -11.57
2017‑09‑30 13F-HR BRFS / BRF S.A. 14.41 244,659 462,559 89.06 2,885 6,665 131.02
2017‑09‑30 13F-HR CTSH / Cognizant Technology Solutions Corp. 72.54 99,091 97,991 -1.11 6,580 7,108 8.02
2017‑09‑30 13F-HR JAKK / JAKKS Pacific, Inc. 3.02 562,549 895,619 59.21 2,250 2,703 20.13
2017‑09‑30 13F-HR INFO / Metro One Telecommunications, Inc. 44.08 143,607 146,108 1.74 6,325 6,440 1.82
2017‑09‑30 13F-HR DFS / Discover Financial Services 64.48 35,020 39,083 11.60 2,178 2,520 15.70
2017‑09‑30 13F-HR PANW / Palo Alto Networks, Inc. 144.07 2,700 2,700 0.00 361 389 7.76
2017‑09‑30 13F-HR XRAY / DENTSPLY SIRONA Inc. 59.74 6,350 6,863 8.08 412 410 -0.49
2017‑09‑30 13F-HR JKHY / Henry (JACK) & Associates, Inc. 102.67 2,250 2,250 0.00 234 231 -1.28
2017‑09‑30 13F-HR TLK / PT Telekomunikasi Indonesia 35.00 0 600 0 21
2017‑09‑30 13F-HR TMUS / T-Mobile US, Inc. 61.68 14,300 14,900 4.20 867 919 6.00
2017‑09‑30 13F-HR JPM / JPMorgan Chase & Co. 95.51 193,472 178,707 -7.63 17,684 17,068 -3.48
2017‑09‑30 13F-HR DLTR / Dollar Tree, Inc. 86.84 6,470 7,266 12.30 452 631 39.60
2017‑09‑30 13F-HR WAT / Waters Corp. 179.53 3,850 3,888 0.99 708 698 -1.41
2017‑09‑30 13F-HR BFS / Saul Centers, Inc. 61.82 1,100 1,100 0.00 64 68 6.25
2017‑09‑30 13F-HR DOC / Physicians Realty Trust 17.73 1,478,139 2,003,850 35.57 29,770 35,528 19.34
2017‑09‑30 13F-HR IEMG / iShares Core MSCI Emerging Markets ETF 54.02 107,100 392,900 266.85 5,359 21,224 296.04
2017‑09‑30 13F-HR QVCA / Liberty Interactive Corp. Series A QVC Group 23.53 12,450 12,450 0.00 306 293 -4.25
2017‑09‑30 13F-HR JLL / Jones Lang LaSalle Inc. 123.85 1,300 1,300 0.00 163 161 -1.23
2017‑09‑30 13F-HR CTL / CenturyLink, Inc. 18.92 15,592 15,698 0.68 372 297 -20.16
2017‑09‑30 13F-HR HUM / Humana, Inc. 243.56 4,450 4,504 1.21 1,071 1,097 2.43
2017‑09‑30 13F-HR OMC / Omnicom Group, Inc. 74.06 19,350 13,664 -29.39 1,604 1,012 -36.91
2017‑09‑30 13F-HR LHO / LaSalle Hotel Properties 29.02 10,200 11,200 9.80 304 325 6.91
2017‑09‑30 13F-HR CHKP / Check Point Software Technologies Ltd. 114.07 4,550 4,050 -10.99 496 462 -6.85
2017‑09‑30 13F-HR AEP / American Electric Power Company, Inc. 70.21 15,550 16,550 6.43 1,080 1,162 7.59
2017‑09‑30 13F-HR GPK / Graphic Packaging Holding Co. 13.95 441,477 426,446 -3.40 6,084 5,949 -2.22
2017‑09‑30 13F-HR A / Agilent Technologies, Inc. 64.20 56,963 41,216 -27.64 3,379 2,646 -21.69
2017‑09‑30 13F-HR UE / Urban Edge Properties 24.15 8,643 10,643 23.14 205 257 25.37
2017‑09‑30 13F-HR AAPL / Apple, Inc. 154.12 281,552 267,473 -5.00 40,548 41,222 1.66
2017‑09‑30 13F-HR XLNX / Xilinx, Inc. 70.80 12,450 13,856 11.29 801 981 22.47
2017‑09‑30 13F-HR BDN / Brandywine Realty Trust 17.47 15,700 17,400 10.83 275 304 10.55
2017‑09‑30 13F-HR ATH / Athene Holding Ltd 54.00 3,000 3,000 0.00 149 162 8.72
2017‑09‑30 13F-HR CONE / CyrusOne Inc. 58.93 219,928 206,169 -6.26 12,261 12,149 -0.91
2017‑09‑30 13F-HR BAP / Credicorp Ltd. 206.67 1,000 300 -70.00 180 62 -65.56
2017‑09‑30 13F-HR BABA / Alibaba Group Holding Limited 172.71 173,588 160,295 -7.66 24,459 27,684 13.19
2017‑09‑30 13F-HR MON / Monsanto Co. 119.86 12,606 13,174 4.51 1,492 1,579 5.83
2017‑09‑30 13F-HR HSIC / Henry Schein, Inc. 81.99 2,200 4,781 117.32 403 392 -2.73
2017‑09‑30 13F-HR SBUX / Starbucks Corp. 53.70 71,800 62,476 -12.99 4,187 3,355 -19.87
2017‑09‑30 13F-HR DDR / DDR Corp. 9.16 27,558 30,458 10.52 250 279 11.60
2017‑09‑30 13F-HR MKC / McCormick & Co., Inc. 102.63 3,350 3,420 2.09 327 351 7.34
2017‑09‑30 13F-HR AFL / AFLAC, Inc. 81.40 11,850 42,458 258.30 921 3,456 275.24
2017‑09‑30 13F-HR ARNC / Arconic Inc. 24.88 62,433 59,918 -4.03 1,414 1,491 5.45
2017‑09‑30 13F-HR HIG / Hartford Financial Services Group, Inc. (The) 55.45 31,490 26,657 -15.35 1,656 1,478 -10.75
2017‑09‑30 13F-HR LEG / Leggett & Platt, Inc. 47.67 3,750 3,776 0.69 197 180 -8.63
2017‑09‑30 13F-HR WRB / Berkley (W.R.) Corp. 66.67 2,700 2,700 0.00 187 180 -3.74
2017‑09‑30 13F-HR WMT / Wal-Mart Stores, Inc. 78.14 85,090 83,436 -1.94 6,440 6,520 1.24
2017‑09‑30 13F-HR BWA / BorgWarner, Inc. 51.18 5,700 6,389 12.09 241 327 35.68
2017‑09‑30 13F-HR REG / Regency Centers Corp. 62.04 5,350,352 4,745,294 -11.31 335,146 294,398 -12.16
2017‑09‑30 13F-HR SLB / Schlumberger Ltd. 69.78 41,013 43,552 6.19 2,701 3,039 12.51
2017‑09‑30 13F-HR UAL / United Continental Holdings, Inc. 60.83 12,450 5,704 -54.18 937 347 -62.97
2017‑09‑30 13F-HR LPT / Liberty Property Trust 41.07 32,600 32,700 0.31 1,327 1,343 1.21
2017‑09‑30 13F-HR XEC / Cimarex Energy Co. 113.67 2,550 2,868 12.47 240 326 35.83
2017‑09‑30 13F-HR DIA / SPDR Dow Jones Industrial Average ETF 223.80 5,070 11,640 129.59 1,081 2,605 140.98
2017‑09‑30 13F-HR PM / Philip Morris International, Inc. 111.01 65,580 67,373 2.73 7,702 7,479 -2.90
2017‑09‑30 13F-HR ISHARES TR / MSCI UK ETF NEW (46435G334) 34.80 5,000 5,000 0.00 167 174 4.19
2017‑09‑30 13F-HR KLAC / KLA-Tencor Corp. 105.99 7,950 8,680 9.18 728 920 26.37
2017‑09‑30 13F-HR EME / EMCOR Group, Inc. 69.38 40,100 60,100 49.88 2,622 4,170 59.04
2017‑09‑30 13F-HR SHW / Sherwin-Williams Co. (The) 358.03 3,940 4,103 4.14 1,383 1,469 6.22
2017‑09‑30 13F-HR FTNT / Fortinet, Inc. 35.82 4,550 4,550 0.00 170 163 -4.12
2017‑09‑30 13F-HR ABEV / Ambev S.A 6.59 389,900 378,300 -2.98 2,140 2,493 16.50
2017‑09‑30 13F-HR JNJ / Johnson & Johnson 130.01 174,006 172,594 -0.81 23,019 22,439 -2.52
2017‑09‑30 13F-HR EFX / Equifax, Inc. 105.97 23,256 28,848 24.05 3,196 3,057 -4.35
2017‑09‑30 13F-HR APC / Anadarko Petroleum Corp. 48.83 16,200 16,425 1.39 735 802 9.12
2017‑09‑30 13F-HR GGP / GGP, Inc. 20.77 98,077 6,673,492 6,704.34 2,311 138,608 5,897.75
2017‑09‑30 13F-HR HBANO / Huntington Bancshares, Inc. 13.94 37,850 40,160 6.10 512 560 9.38
2017‑09‑30 13F-HR UNG / United States Natural Gas Fund, LP 6.56 33,100 40,700 22.96 224 267 19.20
2017‑09‑30 13F-HR LKQ / LKQ Corp. 36.03 8,850 8,910 0.68 292 321 9.93
2017‑09‑30 13F-HR NOC / Northrop Grumman Corp. 287.72 7,490 6,854 -8.49 1,923 1,972 2.55
2017‑09‑30 13F-HR UNM / Unum Group 51.17 6,600 6,644 0.67 308 340 10.39
2017‑09‑30 13F-HR ARE / Alexandria Real Estate Equities, Inc. 118.98 1,113,695 17,952 -98.39 134,167 2,136 -98.41
2017‑09‑30 13F-HR VNTV / Vantiv, Inc. 70.45 4,350 5,110 17.47 276 360 30.43
2017‑09‑30 13F-HR HAL / Halliburton Co. (Holding Company) 46.03 25,000 26,441 5.76 1,068 1,217 13.95
2017‑09‑30 13F-HR KSS / Kohl's Corp. 45.60 4,650 5,483 17.91 180 250 38.89
2017‑09‑30 13F-HR SNA / Snap-On Inc. 149.00 1,600 2,839 77.44 253 423 67.19
2017‑09‑30 13F-HR AIV-A / Apartment Investment & Management, 6.875% Class A Cumulative Preferred Stock 26.77 128,331 96,430 -24.86 3,487 2,581 -25.98
2017‑09‑30 13F-HR WPC / W.P. Carey Inc. 67.40 19,500 22,700 16.41 1,287 1,530 18.88
2017‑09‑30 13F-HR PNR / Pentair plc. 67.96 5,030 5,062 0.64 335 344 2.69
2017‑09‑30 13F-HR BF.B / Brown-Forman Corp. 54.29 6,450 6,484 0.53 313 352 12.46
2017‑09‑30 13F-HR LNC.WS / Lincoln National Corp. 73.44 7,849 8,156 3.91 531 599 12.81
2017‑09‑30 13F-HR VCLT / Vanguard Long-Term Corporate Bond Index Fund 94.11 4,800 7,300 52.08 448 687 53.35
2017‑09‑30 13F-HR LW / Lamb Weston Holdings, Inc. 46.89 30,100 52,735 75.20 1,326 2,473 86.50
2017‑09‑30 13F-HR DISH / DISH Network Corp. 54.23 2,000 97,169 4,758.45 2 5,269 263,350.00
2017‑09‑30 13F-HR DISH / DISH Network Corp. 1.00 92,531 2,000 -97.84 5,807 2 -99.97
2017‑09‑30 13F-HR HP / Helmerich & Payne, Inc. 52.16 3,200 3,221 0.66 174 168 -3.45
2017‑09‑30 13F-HR MTD / Mettler Toledo International, Inc. 626.12 1,450 1,455 0.34 853 911 6.80
2017‑09‑30 13F-HR HD / Home Depot, Inc. (The) 163.56 80,190 83,543 4.18 12,301 13,664 11.08
2017‑09‑30 13F-HR MCHP / Microchip Technology Inc. 89.79 63,200 21,450 -66.06 4,878 1,926 -60.52
2017‑09‑30 13F-HR Q / Quintiles Transitional Holdings Inc. 95.09 46,322 37,438 -19.18 4,146 3,560 -14.13
2017‑09‑30 13F-HR WM / Waste Management, Inc. 78.28 24,500 48,199 96.73 1,797 3,773 109.96
2017‑09‑30 13F-HR IRET / Investors Real Estate Trust 6.15 10,900 10,900 0.00 68 67 -1.47
2017‑09‑30 13F-HR BEN / Franklin Resources, Inc. 44.53 10,400 10,466 0.63 466 466 0.00
2017‑09‑30 13F-HR SEE / Sealed Air Corp. 42.80 5,250 5,888 12.15 235 252 7.23
2017‑09‑30 13F-HR ROK / Rockwell Automation, Inc. 178.22 67,700 70,858 4.66 10,965 12,628 15.17
2017‑09‑30 13F-HR NXRT / NexPoint Residential Trust, Inc. 23.53 1,300 1,700 30.77 32 40 25.00
2017‑09‑30 13F-HR ORCL / Oracle Corp. 48.35 310,388 282,481 -8.99 15,562 13,658 -12.23
2017‑09‑30 13F-HR PGR / Progressive Corp. (The) 48.42 30,450 30,771 1.05 1,343 1,490 10.95
2017‑09‑30 13F-HR WRE / Washington Real Estate Investment Trust 32.73 6,900 7,700 11.59 220 252 14.55
2017‑09‑30 13F-HR TWTR / Twitter, Inc. 16.87 467,907 245,861 -47.46 8,361 4,147 -50.40
2017‑09‑30 13F-HR EQIX / Equinix, Inc. 446.30 1,582,608 1,289,425 -18.53 679,192 575,470 -15.27
2017‑09‑30 13F-HR ULTA / Ulta Salon, Cosmetics & Fragrance, Inc. 226.05 2,940 8,706 196.12 845 1,968 132.90
2017‑09‑30 13F-HR FAF / First American Financial Corp. (The) 49.94 5,026 5,026 0.00 225 251 11.56
2017‑09‑30 13F-HR WSR / Whitestone REIT 13.12 3,200 3,200 0.00 39 42 7.69
2017‑09‑30 13F-HR INN / Summit Hotel Properties, Inc. 16.02 9,300 9,800 5.38 173 157 -9.25
2017‑09‑30 13F-HR CAH / Cardinal Health, Inc. 66.90 9,000 9,133 1.48 701 611 -12.84
2017‑09‑30 13F-HR UPS / United Parcel Service, Inc. 120.08 22,038 22,784 3.39 2,437 2,736 12.27
2017‑09‑30 13F-HR EA / Electronic Arts Inc. 118.06 34,516 44,893 30.06 3,649 5,300 45.25
2017‑09‑30 13F-HR FCE.A / Forest City Realty Trust, Inc. 25.51 19,600 26,700 36.22 474 681 43.67
2017‑09‑30 13F-HR 88160RAD3 / Tesla Motors, Inc. Note 2.375% Due 3/15/2022 10,408 9,216 -11.45
2017‑09‑30 13F-HR APA / Apache Corp. 45.80 10,660 11,418 7.11 511 523 2.35
2017‑09‑30 13F-HR VLO / Valero Energy Corp. 76.92 38,612 35,776 -7.34 2,605 2,752 5.64
2017‑09‑30 13F-HR GILD / Gilead Sciences, Inc. 81.01 156,957 157,835 0.56 11,110 12,787 15.09
2017‑09‑30 13F-HR AMBA / Ambarella, Inc. 49.00 41,500 41,449 -0.12 2,014 2,031 0.84
2017‑09‑30 13F-HR DCT / DCT Industrial Trust, Inc. 57.94 8,300 20,400 145.78 444 1,182 166.22
2017‑09‑30 13F-HR EVHC / Envision Healthcare Holdings, Inc. 44.80 3,169 3,192 0.73 199 143 -28.14
2017‑09‑30 13F-HR NSC / Norfolk Southern Corp. 132.24 68,600 41,061 -40.14 8,349 5,430 -34.96
2017‑09‑30 13F-HR TOL / Toll Brothers, Inc. 41.40 5,000 5,000 0.00 198 207 4.55
2017‑09‑30 13F-HR MAS / Masco Corp. 39.02 8,900 9,662 8.56 340 377 10.88
2017‑09‑30 13F-HR SRG / Seritage Growth Properties 46.09 2,100 2,300 9.52 88 106 20.45
2017‑09‑30 13F-HR SIRI / Sirius XM Holdings Inc. 5.52 66,200 186,100 181.12 362 1,027 183.70
2017‑09‑30 13F-HR ARW / Arrow Electronics, Inc. 80.41 2,450 2,450 0.00 192 197 2.60
2017‑09‑30 13F-HR AMZN / Amazon.com, Inc. 961.34 29,069 32,695 12.47 28,138 31,431 11.70
2017‑09‑30 13F-HR MTN / Vail Resorts, Inc. 227.73 1,190 1,190 0.00 241 271 12.45
2017‑09‑30 13F-HR 249908AA2 / DepoMed, Inc. 2.5% Note Due 9/1/2021 1,866 1,864 -0.11
2017‑09‑30 13F-HR USO / United States Oil Fund, LP 10.44 914,500 45,700 -95.00 8,687 477 -94.51
2017‑09‑30 13F-HR ACC / American Campus Communities, Inc. 44.15 4,798,215 4,739,554 -1.22 226,955 209,252 -7.80
2017‑09‑30 13F-HR NWS / News Corp 0.00 11,311 23 -99.80 150 0 -100.00
2017‑09‑30 13F-HR NWS / News Corp 13.26 11,237 11,311 0.66 154 150 -2.60
2017‑09‑30 13F-HR NOV / National Oilwell Varco, Inc. 35.72 59,533 56,209 -5.58 1,961 2,008 2.40
2017‑09‑30 13F-HR FEYE / FireEye, Inc. 16.76 193,565 151,269 -21.85 2,944 2,536 -13.86
2017‑09‑30 13F-HR MU / Micron Technology, Inc. 39.33 73,650 95,845 30.14 2,199 3,770 71.44
2017‑09‑30 13F-HR AEE / Ameren Corp. 57.85 6,800 7,347 8.04 372 425 14.25
2017‑09‑30 13F-HR LULU / lululemon athletica inc. 62.30 3,050 3,050 0.00 182 190 4.40
2017‑09‑30 13F-HR ROL / Rollins, Inc. 46.21 2,200 2,900 31.82 90 134 48.89
2017‑09‑30 13F-HR DKS / Dick's Sporting Goods, Inc. 26.82 2,200 2,200 0.00 88 59 -32.95
2017‑09‑30 13F-HR 98138HAC5 / Workday, Inc. NOTE 0.750% 7/1 15,609 3,639 -76.69
2017‑09‑30 13F-HR SBRAP / Sabra Healthcare REIT, Inc. 21.97 5,900 15,976 170.78 142 351 147.18
2017‑09‑30 13F-HR STAR / iStar Inc. 11.74 6,000 6,900 15.00 72 81 12.50
2017‑09‑30 13F-HR HT / Hersha Hospitality Trust 18.63 3,750 3,650 -2.67 69 68 -1.45
2017‑09‑30 13F-HR QTS / QTS Realty Trust, Inc. 52.34 4,400 4,700 6.82 230 246 6.96
2017‑09‑30 13F-HR GOGO / Gogo Inc. 495,800 5,716 5,014 -12.28
2017‑09‑30 13F-HR INVH / Invitation Homes Inc. 22.63 6,800 7,600 11.76 147 172 17.01
2017‑09‑30 13F-HR EDU / New Oriental Education & Technology Group, Inc. 88.25 65,907 72,712 10.33 4,645 6,417 38.15
2017‑09‑30 13F-HR WFC / Wells Fargo & Co. 55.15 551,760 248,068 -55.04 30,573 13,681 -55.25
2017‑09‑30 13F-HR PDCO / Patterson Companies, Inc. 38.81 2,200 2,216 0.73 103 86 -16.50
2017‑09‑30 13F-HR KMT / Kennametal Inc. 40.34 308,400 230,400 -25.29 11,540 9,294 -19.46
2017‑09‑30 13F-HR MLM / Martin Marietta Materials, Inc. 206.23 56,350 56,380 0.05 12,542 11,627 -7.30
2017‑09‑30 13F-HR PAYX / Paychex, Inc. 59.92 9,200 9,847 7.03 524 590 12.60
2017‑09‑30 13F-HR CL / Colgate-Palmolive Co. 72.85 24,000 34,617 44.24 1,779 2,522 41.77
2017‑09‑30 13F-HR CI / Cigna Corp. 186.91 8,900 8,143 -8.51 1,490 1,522 2.15
2017‑09‑30 13F-HR BSBR / Banco Santander Brasil SA 8.74 294,200 209,500 -28.79 2,216 1,831 -17.37
2017‑09‑30 13F-HR NTNX / Nutanix, Inc. 22.39 2,000 200,000 9,900.00 1,550 4,478 188.90
2017‑09‑30 13F-HR NTNX / Nutanix, Inc. 775.00 78,400 2,000 -97.45 1,579 1,550 -1.84
2017‑09‑30 13F-HR GWW / Grainger (W.W.), Inc. 179.53 1,550 1,710 10.32 280 307 9.64
2017‑09‑30 13F-HR HLT / Hilton Worldwide Holdings Inc. 69.45 45,863 66,985 46.05 2,836 4,652 64.03
2017‑09‑30 13F-HR ZG / Zillow Group, Inc. Class A 40.21 40,338 65,638 62.72 1,977 2,639 33.49
2017‑09‑30 13F-HR C / Citigroup, Inc. 72.74 508,418 479,303 -5.73 34,003 34,865 2.54
2017‑09‑30 13F-HR RTN / Raytheon Co. 186.57 15,850 10,704 -32.47 2,559 1,997 -21.96
2017‑09‑30 13F-HR CBOE / CBOE Holdings, Inc. 107.69 8,000 3,018 -62.27 731 325 -55.54
2017‑09‑30 13F-HR EXPE / Expedia, Inc. 143.93 42,681 45,605 6.85 6,357 6,564 3.26
2017‑09‑30 13F-HR CSX / CSX Corp. 54.26 333,500 315,640 -5.36 18,196 17,127 -5.87
2017‑09‑30 13F-HR BIDU / Baidu, Inc. 247.70 26,185 19,600 -25.15 4,684 4,855 3.65
2017‑09‑30 13F-HR ROIC / Retail Opportunity Investments Corp. 18.97 9,700 10,700 10.31 186 203 9.14
2017‑09‑30 13F-HR GM / General Motors Company 40.38 536,395 523,146 -2.47 18,736 21,124 12.75
2017‑09‑30 13F-HR MYL / Mylan N.V. 31.39 156,416 13,318 -91.49 6,073 418 -93.12
2017‑09‑30 13F-HR TEAM / Atlassian Corporation Plc 35.15 79,946 89,397 11.82 2,813 3,142 11.70
2017‑09‑30 13F-HR MAC / Macerich Company (THE) 54.95 21,345 14,268 -33.16 1,239 784 -36.72
2017‑09‑30 13F-HR ICE / Intercontinental Exchange, Inc. 68.70 139,270 144,897 4.04 9,180 9,954 8.43
2017‑09‑30 13F-HR ALKS / Alkermes plc 50.75 4,650 4,650 0.00 270 236 -12.59
2017‑09‑30 13F-HR RF / Regions Financial Corp. 15.22 34,385 34,617 0.67 503 527 4.77
2017‑09‑30 13F-HR LAMR / Lamar Advertising Co. REIT 68.53 1,248,134 1,334,343 6.91 91,825 91,443 -0.42
2017‑09‑30 13F-HR VEEV / Veeva Systems Inc. 56.51 3,150 3,150 0.00 193 178 -7.77
2017‑09‑30 13F-HR WASHINGTON PRIME GROUP / (93964W108) 8.34 16,853 17,753 5.34 141 148 4.96
2017‑09‑30 13F-HR DAL / Delta Air Lines, Inc. 48.22 198,515 149,914 -24.48 10,668 7,229 -32.24
2017‑09‑30 13F-HR AMAT / Applied Materials, Inc. 52.08 152,430 184,901 21.30 6,296 9,630 52.95
2017‑09‑30 13F-HR BA / Boeing Company (The) 254.20 84,170 62,969 -25.19 16,644 16,007 -3.83
2017‑09‑30 13F-HR VER / VEREIT, Inc. 8.29 173,324 200,524 15.69 1,411 1,662 17.79
2017‑09‑30 13F-HR FOXA / Twenty-First Century Fox, Inc. 26.38 66,070 64,028 -3.09 1,872 1,689 -9.78
2017‑09‑30 13F-HR LUV / Southwest Airlines Co. 55.97 36,800 37,808 2.74 2,287 2,116 -7.48
2017‑09‑30 13F-HR DRE / Duke Realty Corp. 28.82 8,109,890 6,322,730 -22.04 226,671 182,221 -19.61
2017‑09‑30 13F-HR OLP / One Liberty Properties, Inc. 24.38 1,200 1,600 33.33 28 39 39.29
2017‑09‑30 13F-HR 783764AQ6 / CalAtlantic Group, Inc. NOTE 1.625% 5/1 30,864 25,896 -16.10
2017‑09‑30 13F-HR EMN / Eastman Chemical Company 90.47 4,150 4,178 0.67 349 378 8.31
2017‑09‑30 13F-HR STE / STERIS Corp. 88.40 95,108 95,025 -0.09 7,751 8,400 8.37
2017‑09‑30 13F-HR VMI / Valmont Industries, Inc. 158.10 47,300 47,300 0.00 7,076 7,478 5.68
2017‑09‑30 13F-HR BR / Broadridge Financial Solutions, Inc. 80.87 3,450 3,450 0.00 261 279 6.90
2017‑09‑30 13F-HR EXR / Extra Space Storage, Inc. 79.92 4,317,328 2,660,698 -38.37 336,752 212,643 -36.85
2017‑09‑30 13F-HR FPI / Farmland Partners Inc. 9.00 1,900 3,000 57.89 17 27 58.82
2017‑09‑30 13F-HR FOX / Twenty-First Century Fox, Inc. 25.82 12,000 13,594 13.28 334 351 5.09
2017‑09‑30 13F-HR ALLE / Allegion Public Limited 86.34 2,750 2,768 0.65 223 239 7.17
2017‑09‑30 13F-HR CGNX / Cognex Corp. 110.05 1,200 2,399 99.92 102 264 158.82
2017‑09‑30 13F-HR EWG / iShares MSCI Germany ETF 32.45 11,000 11,000 0.00 333 357 7.21
2017‑09‑30 13F-HR ATVI / Activision Blizzard, Inc. 64.52 93,479 87,619 -6.27 5,382 5,653 5.04
2017‑09‑30 13F-HR SCG / SCANA Corp. 48.59 3,800 3,828 0.74 255 186 -27.06
2017‑09‑30 13F-HR ITUB / Itau Unibanco Holding S.A. 13.70 989,503 830,583 -16.06 10,934 11,379 4.07
2017‑09‑30 13F-HR EWC / iShares MSCI Canada ETF 28.95 47,900 47,500 -0.84 1,282 1,375 7.25
2017‑09‑30 13F-HR WMB / Williams Companies, Inc. (The) 30.00 23,500 24,902 5.97 712 747 4.92
2017‑09‑30 13F-HR CORENERGY INFRASTRUCTURE / TR DEP SHS REPSTG (21870U304) 26.00 85,075 85,075 0.00 2,129 2,212 3.90
2017‑09‑30 13F-HR LMT / Lockheed Martin Corp. 310.33 13,480 8,855 -34.31 3,742 2,748 -26.56
2017‑09‑30 13F-HR SABR / Sabre Corporation 18.06 6,200 6,200 0.00 135 112 -17.04
2017‑09‑30 13F-HR ULTI / Ultimate Software Group, Inc. (The) 189.58 6,608 10,043 51.98 1,388 1,904 37.18
2017‑09‑30 13F-HR OXY / Occidental Petroleum Corp. 64.22 24,450 25,336 3.62 1,464 1,627 11.13
2017‑09‑30 13F-HR LBRDK / Liberty Broadband Corporation, Class C 95.22 2,850 3,350 17.54 247 319 29.15
2017‑09‑30 13F-HR OHI / Omega HealthCare Investors, Inc. 31.92 17,720 19,520 10.16 585 623 6.50
2017‑09‑30 13F-HR ABC / AmerisourceBergen Corp. 82.78 4,800 4,832 0.67 454 400 -11.89
2017‑09‑30 13F-HR TROW / Price (T.) Rowe Group, Inc. 90.66 7,150 7,258 1.51 531 658 23.92
2017‑09‑30 13F-HR TXN / Texas Instruments Inc. 89.64 50,600 51,047 0.88 3,893 4,576 17.54
2017‑09‑30 13F-HR ARH.PRC / Arch Capital Group Ltd. 98.53 6,600 6,800 3.03 616 670 8.77
2017‑09‑30 13F-HR MCO / Moody's Corp. 139.21 44,970 33,503 -25.50 5,472 4,664 -14.77
2017‑09‑30 13F-HR MIDD / Middleby Corp. (The) 128.17 1,700 47,796 2,711.53 207 6,126 2,859.42
2017‑09‑30 13F-HR SHO / Sunstone Hotel Investors, Inc. 16.07 14,715,554 13,292,034 -9.67 237,215 213,603 -9.95
2017‑09‑30 13F-HR RSG / Republic Services, Inc. 66.03 12,850 13,494 5.01 819 891 8.79
2017‑09‑30 13F-HR XRS / Tal Education Group 33.33 500 600 20.00 61 20 -67.21
2017‑09‑30 13F-HR ANTM / Anthem, Inc. 189.90 23,150 22,122 -4.44 4,355 4,201 -3.54
2017‑09‑30 13F-HR BRX / Brixmor Property Group Inc. 18.80 11,334,584 3,904,254 -65.55 202,662 73,400 -63.78
2017‑09‑30 13F-HR HOG / Harley-Davidson, Inc. 48.21 4,800 5,434 13.21 259 262 1.16
2017‑09‑30 13F-HR AVGO / Broadcom Limited 242.54 60,181 75,098 24.79 14,025 18,214 29.87
2017‑09‑30 13F-HR RPT / Ramco-Gershenson Properties Trust 12.99 7,000 7,700 10.00 90 100 11.11
2017‑09‑30 13F-HR UGP / Ultrapar Participacoes, S.A. 23.81 150,150 46,450 -69.06 3,533 1,106 -68.70
2017‑09‑30 13F-HR DG / Dollar General Corp. 81.03 8,000 11,354 41.92 577 920 59.45
2017‑09‑30 13F-HR BRK.B / Berkshire Hathaway, Inc. 183.31 35,350 37,205 5.25 5,987 6,820 13.91
2017‑09‑30 13F-HR CTRE / CareTrust REIT, Inc. 19.06 6,606 7,606 15.14 122 145 18.85
2017‑09‑30 13F-HR GRAMERCY PPTY / (385002308) 30.25 505,385 506,885 0.30 15,015 15,333 2.12
2017‑09‑30 13F-HR MS / Morgan Stanley 48.16 83,087 61,755 -25.67 3,702 2,974 -19.67
2017‑09‑30 13F-HR TIER / Tier Reit Inc. 19.36 4,200 4,700 11.90 78 91 16.67
2017‑09‑30 13F-HR IBN / ICICI Bank Ltd. 8.56 447,574 1,050,800 134.78 4,014 8,995 124.09
2017‑09‑30 13F-HR WY / Weyerhaeuser Co. 34.01 20,918 22,818 9.08 701 776 10.70
2017‑09‑30 13F-HR ERJ / Embraer S.A. 22.65 50,300 9,800 -80.52 917 222 -75.79
2017‑09‑30 13F-HR TV / Grupo Televisa S.A. 24.67 104,900 96,000 -8.48 2,556 2,368 -7.36
2017‑09‑30 13F-HR SCPB / SPDR Barclays Short Term Corporate Bond ETF 30.67 3,000 3,000 0.00 92 92 0.00
2017‑09‑30 13F-HR MPEL / Melco Crown Entertainment Ltd. 24.12 20,900 17,700 -15.31 469 427 -8.96
2017‑09‑30 13F-HR FLS / Flowserve Corp. 42.61 99,700 3,825 -96.16 4,629 163 -96.48
2017‑09‑30 13F-HR RHT / Red Hat, Inc. 110.83 5,576 7.23 15,405 618 -95.99
2017‑09‑30 13F-HR LDOS / Leidos Holdings, Inc. 59.28 4,150 4,150 0.00 215 246 14.42
2017‑09‑30 13F-HR MWA / Mueller Water Products, Inc. 12.80 109,700 109,700 0.00 1,281 1,404 9.60
2017‑09‑30 13F-HR BBY / Best Buy Co., Inc. 56.94 12,800 21,003 64.09 734 1,196 62.94
2017‑09‑30 13F-HR PAGP / Plains GP Holdings LP 21.25 800 800 0.00 21 17 -19.05
2017‑09‑30 13F-HR TSE / Trinseo S.A. 67.20 1,500 1,890 26.00 103 127 23.30
2017‑09‑30 13F-HR DLR / Digital Realty Trust, Inc. 118.33 4,576,545 6,474,187 41.46 516,920 766,091 48.20
2017‑09‑30 13F-HR HPQ / HP Inc. 19.96 101,950 50,241 -50.72 1,782 1,003 -43.71
2017‑09‑30 13F-HR TSCO / Tractor Supply Co. 63.23 3,600 4,175 15.97 195 264 35.38
2017‑09‑30 13F-HR ROST / Ross Stores, Inc. 64.53 17,250 20,408 18.31 996 1,317 32.23
2017‑09‑30 13F-HR MSI / Motorola Solutions, Inc. 84.87 105,824 123,033 16.26 9,179 10,442 13.76
2017‑09‑30 13F-HR HA / Hawaiian Holdings, Inc. 37.43 3,500 3,500 0.00 164 131 -20.12
2017‑09‑30 13F-HR CF / CF Industries Holding, Inc. 35.21 6,600 6,645 0.68 185 234 26.49
2017‑09‑30 13F-HR VAR / Varian Medical Systems, Inc. 100.07 2,800 2,818 0.64 289 282 -2.42
2017‑09‑30 13F-HR CMG / Chipotle Mexican Grill, Inc. 307.48 1,090 1,096 0.55 454 337 -25.77
2017‑09‑30 13F-HR ST / Sensata Techologies Holdings NV 48.08 4,950 4,950 0.00 211 238 12.80
2017‑09‑30 13F-HR JBHT / Hunt (J.B.) Transport Services, Inc. 111.09 2,600 13,017 400.65 238 1,446 507.56
2017‑09‑30 13F-HR PH / Parker-Hannifin Corp. 175.08 6,620 6,580 -0.60 1,058 1,152 8.88
2017‑09‑30 13F-HR TEL / TE Connectivity Ltd. 83.07 74,445 69,617 -6.49 5,858 5,783 -1.28
2017‑09‑30 13F-HR AYI / Acuity Brands, Inc. (Holding Company) 171.45 1,200 1,359 13.25 244 233 -4.51
2017‑09‑30 13F-HR HCA / HCA Holdings Inc. 79.59 167,772 172,713 2.95 14,629 13,746 -6.04
2017‑09‑30 13F-HR SIR / Select Income REIT 23.44 5,800 6,100 5.17 139 143 2.88
2017‑09‑30 13F-HR T / AT & T, Inc. 39.17 293,881 297,044 1.08 11,089 11,635 4.92
2017‑09‑30 13F-HR IFF / International Flavors & Fragrances, Inc 142.82 3,500 3,515 0.43 473 502 6.13
2017‑09‑30 13F-HR FIRST TR EXCHANGE TRADED / FD NAT GAS ETF (33733E807) 21.84 3,200 3,800 18.75 66 83 25.76
2017‑09‑30 13F-HR AGCO / AGCO Corp. 73.85 1,950 1,950 0.00 131 144 9.92
2017‑09‑30 13F-HR ETFC / E*TRADE Financial, Inc. 43.62 7,900 9,353 18.39 300 408 36.00
2017‑09‑30 13F-HR PRIM / Primoris Services Corp. 29.42 76,100 76,100 0.00 1,898 2,239 17.97
2017‑09‑30 13F-HR KMX / CarMax, Inc. 75.81 100,210 87,005 -13.18 6,320 6,596 4.37
2017‑09‑30 13F-HR ALX / Alexander's, Inc. 425.00 300 400 33.33 126 170 34.92
2017‑09‑30 13F-HR BAK / Braskem S.A. 26.75 52,200 25,500 -51.15 1,082 682 -36.97
2017‑09‑30 13F-HR LNG / Cheniere Energy, Inc. 45.09 5,700 5,700 0.00 278 257 -7.55
2017‑09‑30 13F-HR GIS / General Mills, Inc. 51.77 24,450 32,584 33.27 1,355 1,687 24.50
2017‑09‑30 13F-HR NUE / Nucor Corp. 56.04 280,050 199,669 -28.70 16,206 11,189 -30.96
2017‑09‑30 13F-HR USB / U.S. Bancorp 53.59 48,350 49,728 2.85 2,510 2,665 6.18
2017‑09‑30 13F-HR JBLU / JetBlue Airways Corp. 18.53 15,000 163,465 989.77 342 3,029 785.67
2017‑09‑30 13F-HR CME / CME Group, Inc. 135.65 9,650 14,228 47.44 1,209 1,930 59.64
2017‑09‑30 13F-HR MXIM / Maxim Integrated Products, Inc 47.68 8,700 8,200 -5.75 391 391 0.00
2017‑09‑30 13F-HR UNH / UnitedHealth Group Inc. 195.85 108,931 108,208 -0.66 20,198 21,192 4.92
2017‑09‑30 13F-HR NLSN / Nielsen Holdings PLC 41.46 9,850 10,565 7.26 381 438 14.96
2017‑09‑30 13F-HR LH / Laboratory Corp. of America Holdings 150.89 2,900 3,148 8.55 447 475 6.26
2017‑09‑30 13F-HR BLK / BlackRock, Inc. 447.11 28,054 22,339 -20.37 11,850 9,988 -15.71
2017‑09‑30 13F-HR ORLY / O'Reilly Automotive, Inc. 215.29 2,670 2,708 1.42 584 583 -0.17
2017‑09‑30 13F-HR COST / Costco Wholesale Corp. 164.28 21,450 21,610 0.75 3,430 3,550 3.50
2017‑09‑30 13F-HR BIIB / Biogen Inc. 313.22 6,230 7,806 25.30 1,691 2,445 44.59
2017‑09‑30 13F-HR IVZ / Invesco Ltd. 35.01 11,700 17,079 45.97 412 598 45.15
2017‑09‑30 13F-HR FRT / Federal Realty Investment Trust 124.21 2,201,475 2,110,344 -4.14 278,244 262,126 -5.79
2017‑09‑30 13F-HR PEB / Pebblebrook Hotel Trust 36.14 4,363,886 3,774,384 -13.51 140,692 136,406 -3.05
2017‑09‑30 13F-HR SPGI / S&P Global Inc. 156.34 10,550 8,034 -23.85 1,540 1,256 -18.44
2017‑09‑30 13F-HR SSNC / SS&C Technologies Holdings, Inc. 40.20 5,100 5,100 0.00 196 205 4.59
2017‑09‑30 13F-HR CSCO / Cisco Systems, Inc. 33.63 366,531 335,505 -8.46 11,473 11,283 -1.66
2017‑09‑30 13F-HR ATO / Atmos Energy Corp. 83.85 3,700 3,900 5.41 307 327 6.51
2017‑09‑30 13F-HR TSLA / Tesla Motors, Inc. 341.04 500 19,294 3,758.80 30 6,580 21,833.33
2017‑09‑30 13F-HR TEVA / Teva Pharmaceutical Industries Ltd. 17.58 652 26,500 3,964.42 1,909 466 -75.59
2017‑09‑30 13F-HR Z / Zillow Group, Inc. Class C 37,500 0 -100.00 1,831 0 -100.00
2017‑09‑30 13F-HR ALTABA / CALL (021346901) 1,500 0 -100.00 1 0 -100.00
2017‑09‑30 13F-HR BCO / Brink's Company (The) 1,700 0 -100.00 114 0 -100.00
2017‑09‑30 13F-HR PAK / Global X MSCI Pakistan ETF 4,000 0 -100.00 66 0 -100.00
2017‑09‑30 13F-HR GDOT / Green Dot Corp. 2,800 0 -100.00 108 0 -100.00
2017‑09‑30 13F-HR KNX / Knight Transportation, Inc. 44,300 0 -100.00 1,641 0 -100.00
2017‑09‑30 13F-HR PEGA / Pegasystems, Inc. 1,800 0 -100.00 105 0 -100.00
2017‑09‑30 13F-HR SWFT / Swift Transportation Company 17,580 0 -100.00 466 0 -100.00
2017‑09‑30 13F-HR BLD / TopBuild Corp. 2,100 0 -100.00 111 0 -100.00
2017‑09‑30 13F-HR VOO / Vanguard S&P 500 ETF 9,000 0 -100.00 1,998 0 -100.00
2017‑09‑30 13F-HR WOOF / VCA Inc. 2,350 0 -100.00 217 0 -100.00
2017‑09‑30 13F-HR SCSC / ScanSource, Inc. 5,900 0 -100.00 238 0 -100.00
2017‑09‑30 13F-HR VIPS / Vipshop Holdings, Inc. 5,100 0 -100.00 54 0 -100.00
2017‑09‑30 13F-HR SINA / Sina Corp. 700 0 -100.00 74 0 -100.00
2017‑09‑30 13F-HR VALE / Vale S.A. 673,401 0 -100.00 5,499 0 -100.00
2017‑09‑30 13F-HR NXPI / NXP Semiconductors N.V. 113.07 8,900 10,250 15.17 974 1,159 18.99
2017‑09‑30 13F-HR SCCO / Southern Copper Corp. 600 0 -100.00 21 0 -100.00
2017‑09‑30 13F-HR WUBA / 58.com Inc. 1,000 0 -100.00 44 0 -100.00
2017‑09‑30 13F-HR WFM / Whole Foods Market, Inc. 15,700 0 -100.00 661 0 -100.00
2017‑09‑30 13F-HR ECH / iShares MSCI Chile Capped ETF 100 0 -100.00 4 0 -100.00
2017‑09‑30 13F-HR BHI / Baker Hughes Inc. 11,504 0 -100.00 627 0 -100.00
2017‑09‑30 13F-HR DFT / Dupont Fabros Technology, Inc. 2,437,272 0 -100.00 149,064 0 -100.00
2017‑09‑30 13F-HR OLED / Universal Display Corp. 1,800 0 -100.00 197 0 -100.00
2017‑09‑30 13F-HR WB / Weibo Corporation 470 0 -100.00 31 0 -100.00
2017‑09‑30 13F-HR EC / Ecopetrol S.A. 2,600 0 -100.00 24 0 -100.00
2017‑09‑30 13F-HR GMS / GMS Inc. 60,700 0 -100.00 1,706 0 -100.00
2017‑09‑30 13F-HR DAN / Dana Holding Corp. 5,900 0 -100.00 132 0 -100.00
2017‑09‑30 13F-HR PYPL / PayPal Holdings, Inc. 64.04 32,700 35,601 8.87 1,755 2,280 29.91
2017‑09‑30 13F-HR DOW / Dow Chemical Co. (The) 117,500 0 -100.00 7,411 0 -100.00
2017‑09‑30 13F-HR DDD / 3 D Systems Corp. 75,126 0 -100.00 1,404 0 -100.00
2017‑09‑30 13F-HR TTC / Toro Company (The) 6,400 0 -100.00 443 0 -100.00
2017‑09‑30 13F-HR MASI / Masimo Corp. 2,400 0 -100.00 219 0 -100.00
2017‑09‑30 13F-HR CIB / BanColombia S.A. 2,400 0 -100.00 107 0 -100.00
2017‑09‑30 13F-HR FCH / FelCor Lodging Trust, Inc. 11,100 0 -100.00 80 0 -100.00
2017‑09‑30 13F-HR SFR / Colony Starwood Homes 3,577,356 0 -100.00 122,739 0 -100.00
2017‑09‑30 13F-HR YLCO / GLOBAL X FDS 100 0 -100.00 1 0 -100.00
2017‑09‑30 13F-HR DD / Du Pont (E.I.) De Nemours & Co., Inc. 49,790 0 -100.00 4,019 0 -100.00
2017‑09‑30 13F-HR MOMO / Momo Inc. 20,000 0 -100.00 739 0 -100.00
2017‑09‑30 13F-HR PNRA / Panera Bread Co. 1,000 0 -100.00 315 0 -100.00
2017‑09‑30 13F-HR KATE / Kate Spade & Company 133,958 0 -100.00 2,476 0 -100.00
2017‑09‑30 13F-HR UAE / iShares MSCI UAE Capped ETF 22,834 0 -100.00 382 0 -100.00
2017‑09‑30 13F-HR SPLS / Staples, Inc. 19,400 0 -100.00 195 0 -100.00
2017‑09‑30 13F-HR QAT / iShares MSCI Qatar Capped ETF 21,100 0 -100.00 345 0 -100.00
2017‑09‑30 13F-HR MBLY / Mobileye N.V. 27,921 0 -100.00 1,753 0 -100.00
2017‑09‑30 13F-HR AEGN / Aegion Corp 46,900 0 -100.00 1,026 0 -100.00
2017‑09‑30 13F-HR RAI / Reynolds American, Inc. (Holding Co.) 42,476 0 -100.00 2,763 0 -100.00
2017‑09‑30 13F-HR AINV / Apollo Investment Corp. 17,600 0 -100.00 112 0 -100.00
2017‑09‑30 13F-HR NCR / NCR Corp. 2,500 0 -100.00 102 0 -100.00
2017‑09‑30 13F-HR WPX / WPX Energy, Inc. 180,384 0 -100.00 1,743 0 -100.00
2017‑09‑30 13F-HR P / Pandora Media, Inc. 564,728 0 -100.00 5,037 0 -100.00
2017‑09‑30 13F-HR GREK / Global X FTSE Greece 20 ETF 13,000 0 -100.00 131 0 -100.00
2017‑09‑30 13F-HR STM / STMicroelectronics N.V. 10,804 0 -100.00 155 0 -100.00
2017‑09‑30 13F-HR MORE / Monogram Residential Trust, Inc. 14,600 0 -100.00 142 0 -100.00
2017‑09‑30 13F-HR LAYN / Layne Christensen Co. 0 -100.00 2,614 0 -100.00
2017‑09‑30 13F-HR COHR / Coherent, Inc. 900 0 -100.00 202 0 -100.00
2017‑09‑30 13F-HR LM / Legg Mason, Inc. 2,000 0 -100.00 76 0 -100.00
2017‑09‑30 13F-HR CCP / Care Capital Properties, Inc. 7,605 0 -100.00 203 0 -100.00
2017‑09‑30 13F-HR TSO / Tesoro Corp. 4,200 0 -100.00 393 0 -100.00
2017‑09‑30 13F-HR ENIC / Enersis Chile S.A. 11,900 0 -100.00 66 0 -100.00
2017‑09‑30 13F-HR FOXF / Fox Factory Holding Corp. 5,500 0 -100.00 196 0 -100.00
2017‑09‑30 13F-HR FSLR / First Solar, Inc. 24,125 0 -100.00 962 0 -100.00
2017‑09‑30 13F-HR UMH / UMH Properties, Inc. 15.48 20,512 3,100 -84.89 533 48 -90.99