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Institutional Investment Manager
Daiwa Securities Group Inc.
Daiwa Securities Group Inc. (CIK: 0001481045), registered under American Depositary Receipts, located at Grantokyo North Tower, 9-1, Tokyo, M0. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 959 holdings with a total value of $15,120,596,000.
#
Name
Shares
Value ($)
%
Options
Notes
901 ALEXANDERS INC 100 38,000 0.00%
902 ISHARES 1,720 37,000 0.00%
903 GOVERNMENT PPTYS INCOME TR 2,300 37,000 0.00%
904 BEAZER HOMES USA INC COM NEW 200 36,000 0.00%
905 GLOBAL X FDS 4,700 35,000 0.00%
906 Grupo Aeroportuario Del Pacifi 400 35,000 0.00%
907 PARAMOUNT GROUP INC COM 1,883 34,000 0.00%
908 SUMMIT HOTEL PPTYS 2,800 33,000 0.00%
909 COMPANIA DE MINAS BUENAVENTU 7,700 33,000 0.00%
910 COMPANHIA PARANAENSE ENERG C SPON ADR PFD 5,700 33,000 0.00%
911 ECOPETROL S A 4,600 32,000 0.00%
912 Terreno Realty Corp 1,400 32,000 0.00%
913 Inland Real Estate Corp 3,000 32,000 0.00%
914 FelCor Lodging Trust Inc 4,300 31,000 0.00%
915 Rexford Industrial Realty Inc 1,900 31,000 0.00%
916 FOUR CORNERS PPTY TR INC COM 1,300 31,000 0.00%
917 NEW SR INVEST GRP INC COM 2,900 29,000 0.00%
918 FRANKLIN STREET PPTY CP 2,800 29,000 0.00%
919 INVESTORS REAL 4,200 29,000 0.00%
920 GRUPO FINANCIERO SANTANDER MEX SPON ADR SHS B 3,300 29,000 0.00%
921 COMPANIA CERVECERIAS UNIDAS SPONSORED ADR 1,300 28,000 0.00%
922 CHATHAM LODGING TR COM 1,300 27,000 0.00%
923 NORTHSTAR REALTY EUROPE CORPORATION 1,982 23,000 0.00%
924 COCA COLA FEMSA S A B DE C V 300 21,000 0.00%
925 MONMOUTH REAL ESTATE INVT CO 2,000 21,000 0.00%
926 SAUL CENTERS INC 400 21,000 0.00%
927 First Potomac Realty Trust 1,800 21,000 0.00%
928 Seritage Growth Properties 500 20,000 0.00%
929 UNIVERSAL HEALTH RLTY INCOME 400 20,000 0.00%
930 AGREE RLTY CORP COM 600 20,000 0.00%
931 CDN IMPERIAL BK COMM TORONTO 230 19,000 0.00%
932 ROUSE PPTYS INC 1,307 19,000 0.00%
933 SILVER BAY RLTY TR CORP 1,200 19,000 0.00%
934 AMERICAN RESIDENTIAL PPTYS I 1,000 19,000 0.00%
935 VITAMIN SHOPPE INC 600 17,000 0.00%
936 CEDAR REALTY TRUST INC COM NEW 2,400 17,000 0.00%
937 URSTADT BIDDLE PPTYS INC CL A 900 17,000 0.00%
938 ASHFORD HOSPITALITY TR INC 2,600 16,000 0.00%
939 WINTHROP RLTY TR 1,200 16,000 0.00%
940 CARETRUST REIT INC COM 1,506 16,000 0.00%
941 GETTY RLTY CORP NEW 900 15,000 0.00%
942 GRUPO AEROPORTUARIO DEL SURE 100 14,000 0.00%
943 CAMPUS CREST CMNTYS INC 2,100 14,000 0.00%
944 ASHFORD HOSPITALITY PRIME IN 873 13,000 0.00%
945 NATIONAL STORAGE AFFILIATES 700 12,000 0.00%
946 WHITESTONE REIT 800 10,000 0.00%
947 GLADSTONE COMMERCIAL CORP 700 10,000 0.00%
948 NEXPOINT RESIDENTIAL TR INC 700 9,000 0.00%
949 PREFERRED APT CMNTYS INC COM 700 9,000 0.00%
950 ONE LIBERTY PPTYS INC COM 400 9,000 0.00%
Page 19 of 20

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001481045-16-000014, filed 2016.02.04).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.