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Institutional Investment Manager
La Francaise Forum Securities Ltd
La Francaise Forum Securities Ltd (CIK: 0001485921) incorporated in Connecticut, located at 1700 East Putnam Avenue, Old Greenwich, CT. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Portfolio Summary: 52 holdings with a total value of $210,942,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SIMON PROPERTY GROUP 126,404 21,019,000 9.96%
2 BOSTON PROPERTIES 93,298 11,026,000 5.23%
3 PROLOGIS INC 264,813 10,881,000 5.16%
4 AVALONBAY COMM 56,895 8,089,000 3.83%
5 MACK CALI RLTY CORP 360,143 7,735,000 3.67%
6 Terreno Realty Corp 395,264 7,641,000 3.62%
7 VENTAS INC 113,572 7,280,000 3.45%
8 HCP INC 173,904 7,197,000 3.41%
9 DIGITAL RLTY TR INC 121,110 7,063,000 3.35%
10 ESSEX PPTY TR INC 38,061 7,038,000 3.34%
11 GENERAL GROWTH PPTYS INC NEW 290,614 6,847,000 3.25%
12 MACERICH CO 99,618 6,649,000 3.15%
13 SL GREEN REALTY CORP 48,489 5,305,000 2.51%
14 PUBLIC STORAGE 30,036 5,146,000 2.44%
15 KILROY RLTY CORP COM 81,386 5,069,000 2.40%
16 STAG INDL INC 199,976 4,801,000 2.28%
17 EXTRA SPACE STORAGE INC 84,954 4,523,000 2.14%
18 QTS RLTY TR INC 153,660 4,399,000 2.09%
19 DDR Corp 249,045 4,390,000 2.08%
20 CBS OUTDOOR AMERICAS INC 129,527 4,233,000 2.01%
21 GLIMCHER RLTY TR 390,093 4,225,000 2.00%
22 RETAIL OPPORTUNITY INVTS CORP COM 249,626 3,927,000 1.86%
23 AVIV REIT INC 138,173 3,892,000 1.85%
24 STRATEGIC HOTELS & RESORTS I 315,048 3,689,000 1.75%
25 CUBESMART 197,823 3,624,000 1.72%
26 VORNADO RLTY TR 31,785 3,392,000 1.61%
27 HOST HOTELS & RESORTS INC COM 151,483 3,334,000 1.58%
28 EQUITY RESIDENT 52,704 3,320,000 1.57%
29 KIMCO REALTY 142,447 3,273,000 1.55%
30 EQUITY ONE INC 137,376 3,241,000 1.54%
31 SUNSTONE HOTEL INVESTORS REIT 208,822 3,117,000 1.48%
32 STARWOOD HOTELS & RESORTS WLDWDE ORD 37,548 3,035,000 1.44%
33 ALEX REAL ESTATE EQ 34,671 2,692,000 1.28%
34 EXTENDED STAY AMER INC 109,890 2,544,000 1.21%
35 HUDSON PAC PPTYS INC 91,700 2,324,000 1.10%
36 CORPORATE OFFICE 75,600 2,103,000 1.00%
37 UDR INC 60,500 1,732,000 0.82%
38 STARWOOD PPTY TR INC 71,202 1,692,000 0.80%
39 APOLLO COML REAL EST FIN INC 90,818 1,498,000 0.71%
40 EPR PPTYS COM SH BEN INT 24,873 1,390,000 0.66%
41 CAMPUS CREST CMNTYS INC 148,027 1,282,000 0.61%
42 SABRA HEALTH CARE REIT INC 36,099 1,037,000 0.49%
43 SPIRIT RLTY CAP INC NEW 85,624 972,000 0.46%
44 HILTON WORLDWIDE HLDGS INC 38,500 897,000 0.43%
45 WASHINGTON REAL ESTATE INVT 21,507 559,000 0.27%
46 CHATHAM LODGING 24,236 531,000 0.25%
47 TAUBMAN CENTERS 6,559 497,000 0.24%
48 OMEGA HEALTHCARE INVS INC 10,149 374,000 0.18%
49 STARWOOD WAYPOINT RESIDENTIAL 9,691 254,000 0.12%
50 ANNALY CAPITAL MANAGEMENT INC COM 7,445 85,000 0.04%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001062993-14-004778, filed 2014.08.13).

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.