Annual Investment Report

CalPERS 2014-2015 Annual Investment Report
Domestic REITS
Security Name Shares Book Value Market Value
COLUMBIA PROPERTY TRUST INC 385,282 9,910,437 9,458,676
COMMUNICATIONS SALES + LE 508,375 14,752,795 12,567,029
CONDOR HOSPITALITY TRUST INC 5,170 45,364 11,916
CORESITE REALTY CORP 102,634 3,240,294 4,663,700
CORPORATE OFFICE PROPERTIES 225,389 7,193,111 5,305,664
CORRECTIONS CORP OF AMERICA 387,830 12,045,010 12,829,414
COUSINS PROPERTIES INC 572,110 5,895,894 5,938,499
CROWN CASTLE INTL CORP 930,056 45,748,134 74,683,519
CUBESMART 347,481 5,649,108 8,047,663
CYRUSONE INC 186,241 5,195,302 5,484,784
CYS INVESTMENTS INC 789,975 7,526,706 6,106,509
DCT INDUSTRIAL TRUST INC 246,599 7,036,459 7,753,065
DDR CORP 773,769 14,281,908 11,962,470
DIAMONDROCK HOSPITALITY CO 621,828 5,959,632 7,965,617
DIGITAL REALTY TRUST INC 345,818 20,173,238 23,059,173
DOUGLAS EMMETT INC 312,868 7,257,517 8,428,662
DUKE REALTY CORP 819,212 14,361,414 15,212,764
DUPONT FABROS TECHNOLOGY 192,751 4,241,775 5,676,515
DYNEX CAPITAL INC 110,378 990,298 841,078
EASTGROUP PROPERTIES INC 93,548 4,576,968 5,260,229
EDUCATION REALTY TRUST INC 134,263 4,197,816 4,210,485
EMPIRE STATE REALTY TRUST A 96,320 1,377,231 1,643,217
EPR PROPERTIES 221,985 11,525,403 12,160,323
EQUINIX INC 101,373 10,225,579 25,748,690
EQUITY COMMONWEALTH 396,902 9,874,237 10,188,463
EQUITY LIFESTYLE PROPERTIES 195,166 7,965,177 10,261,818
EQUITY ONE INC 146,402 3,083,046 3,417,014
EQUITY RESIDENTIAL 959,012 49,548,399 67,293,905
ESSEX PROPERTY TRUST INC 154,048 23,634,634 32,735,095
EXCEL TRUST INC 8,951 107,822 141,157
EXTRA SPACE STORAGE INC 332,822 10,906,403 21,706,624
FEDERAL REALTY INVS TRUST 176,504 17,232,956 22,608,362
FELCOR LODGING TRUST INC 408,158 2,162,824 4,032,599
FIRST INDUSTRIAL REALTY TR 203,921 3,101,036 3,819,447
FIRST POTOMAC REALTY TRUST 263,752 3,488,353 2,716,648
FRANKLIN STREET PROPERTIES C 333,569 4,482,634 3,772,667
GAMING AND LEISURE PROPERTIE 211,467 6,368,460 7,752,374
GENERAL GROWTH PROPERTIES 1,450,491 24,858,092 37,219,592
GEO GROUP INC/THE 214,690 5,439,865 7,333,820
GETTY REALTY CORP 128,601 2,937,772 2,103,909
GOVERNMENT PROPERTIES INCOME 1,092,098 21,744,771 20,258,413
GRAMERCY PROPERTY TRUST 599,944 4,908,066 4,769,555
GRAMERCY PROPERTY TRUST INC 59,720 1,124,649 1,395,647
GRANITE REAL ESTATE INVESTME 514,200 18,068,439 17,554,788
GYRODYNE CO 22,635 226 226
GYRODYNE CO OF AMERICA INC 5,196 123,751 15,381
HANNON ARMSTRONG SUSTAINABLE 94,023 1,480,972 1,885,161
HATTERAS FINANCIAL CORP 310,203 7,391,820 5,056,311
HCP INC 1,269,326 51,014,555 46,292,303